Date: 2025-08-21 Page is: DBtxt003.php txt00018965
The Covid-19 Energency Economic Impact
Video ... Harvard Business School / Boston Consultng Group explain what migh happen
Harvard Business School management and investment training is part of the reason why the modern economy is so profitable but also so fragile. A laser focus on financial profit performance and wealth accumulation has resulted in wage and wealth inequality that has been emerging for upwards of 30 years and done immense damage to society. A willingness to advocate for lower taxes on earnings and business profits means that most governments do not have the financial resources to pay for quality infrastructure and a meaningful social safety net. And, of course, reducing profits to improve environmental sustainability is not on the agenda. While the economic impact of Covid-19 has hit hard and fast, the upcoming climate crisis will most likely be a bigger economic hit arriving slowly and maybe staying for ever. This HBR explainer is only a bit of the story ... Peter Burgess ... TrueValueMetrics.org
Peter Burgess