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That is the problem with publicly traded companies. They exist a fiscal year at a time. No past on January 1, no future December 31st. The underlying cause o
by dade_ 5y ago
That is the problem with publicly traded companies. They exist a fiscal year at a time. No past on January 1, no future December 31st.
The underlying cause of this in western society is well explained in ‘Voltaire’s Bastards’ by John Ralston Saul. Good reading to understand our collective problem with some ideas on what to do about it. The answer isn’t clear.
I am not remotely religious, but it is a powerful force. Islam is the fastest growing religion, and while that alarms some people, it has a wonderful innovation that I think is key to our survival. Maybe it is from playing too many hours of Civ, but if I was playing with a pending climate catastrophe, I would double down on this:
‘Caring for the environment is an important teaching of Islam. The Qurʾān describes mankind as being stewards of the earth and therefore Muslims must care for the earth. It is our responsibility to care for the earth and environment. The reality of climate change requires us to rethink our lifestyles and actions and we must reflect on how our actions impact our environment. The Qurʾān highlights this point: Corruption has appeared on land and sea because of that which men’s hands have done (Q. 30: 41).‘
- sascha_sl 5y agoAnd that's why the Saudis built a shiny golden city on top of the decaying corpses of dinosaurs? I'm sorry, but this can motivate individual action at best, and we really need the opposite.
- dade_ 5y agoThe west bought the decaying dinosaurs that paid for the shiny city. I wouldn’t consider Saudi’s royal family to be particularly good example of anything but despots.
- DennisP 5y agoIt's less obvious now maybe but for a while Amazon was pretty infamous for focusing on long-term investment and ignoring people's expectations for nice-looking numbers in annual reports.