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Date: 2024-03-29 Page is: DBtxt001.php txt00018210 |
Economics Reform | ||
Burgess COMMENTARY I agree ... conventional economics and conventional financial accounting were designed for a very different era when shortage was the dominant reality. In the past several decades the world has been able to produce a massive amount of product (food, goods, etc) and the dominant reality became surplus. As long as the dominant metric for success ... business and personal ... is more and more profit and money then it comes as no surprise that capitalism gives unsatisfactory outcomes. PeterB Peter Burgess | ||
Christian Stalberg
Christian Stalberg
• 2nd
Building Energy Performance Modeler and Disaster Readiness Consultant
1w
Unless capitalism undergoes substantive change replacing traditional economic indicators which celebrate growth while ignoring environmental degradation, it might just as well die. Matters can't get much worse than they already are. A replacement for traditional capitalism is in order. #capitalism #climatechaos #growth #environmentaldegradation #GDP #gdpgrowth #economicgrowth #economicindicators
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Capitalism 'will fundamentally be in jeopardy' if business does not act on climate change, Microsoft CEO Satya Nadella says
cnbc.com
Peter BurgessStatus is online
Peter Burgess You
Founder/CEO at TrueValueMetrics.org developing True Value Impact Accounting
3s
I agree ... conventional economics and conventional financial accounting were designed for a very different era when shortage was the dominant reality. In the past several decades the world has been able to produce a massive amount of product (food, goods, etc) and the dominant reality became surplus. As long as the dominant metric for success ... business and personal ... is more and more profit and money then it comes as no surprise that capitalism gives unsatisfactory outcomes. PeterB
Capitalism ‘will fundamentally be in jeopardy’ if business does not act on climate change, Microsoft CEO Satya Nadella says KEY POINTS
Tyler Clifford @_TYLERTHETYLER_
| PUBLISHED THU, JAN 16 2020 6:39 PM EST ... UPDATED THU, JAN 16 20206:46 PM EST The text being discussed is available at | https://www.cnbc.com/2020/01/16/microsoft-ceo-capitalism-is-in-jeopardy-if-we-do-not-act-on-climate-change.html and https://www.cnbc.com/video/2020/01/16/microsofts-nadella-talks-new-carbon-negative-initiative-ai-privacy.html |
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