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>> A post growth economy needs investors who are okay with only getting back what they invested and nothing more. I would love this to be true, but I'm afraid
by DarkNova6 3y ago
>> A post growth economy needs investors who are okay with only getting back what they invested and nothing more.
I would love this to be true, but I'm afraid you cannot change the psychology of the people like this.
You could argue that ESG is already nudging companies into this direction. But now you have directed capital flow for non-standardized goals. It is still outside of democratic control and under control of the largest cooperations on earth.
There are tabacco companies which have an ESG score higher than Tesla...
The problem is not the growth. Is the increasing wealth discrepency. "Too big to fail" should be "too big to exist".
And no, I am very anti-marxist.