I've been boycotting many brands and products that are considered unethical, such as animal products and fast fashion for years.
I think there is a very serious problem of dealing with reversible shocks, which you’d have ridden through.
It can get CEOs canned and turn companies into acquisition fodder, which often saps once innovative firms.
These currently employ almost 255,000 people and projections of interventions hope to probably raise that number by 500,000 in the next decade and it becomes a new source of growth. They dubbed these employee representation plans "industrial democracy. If the TPP goes into effect, solidarity economy projects in many countries will have to compete with even more powerful forms of transnational capital. Next, imagine an alternative scenario in which everyone works 20 hours a week.
According to a Stanford University study, innovation tails off by 40% at tech companies after they go public, often because of Wall Street pressure to keep jacking up the stock price, even if it means curbing the entrepreneurial verve that made the company hot in the first place.A flat stock price can spell doom. Cynthia Kaufman is the Director of the Institute for Civic and Community Engagement at De Anza College. Loose monetary policy from the Alan Greenspan era onward created an environment in which easy money papered over underlying problems in the economy, so much so that it is now chronically dependent on near-zero interest rates to keep from falling back into recession.This sickness, not so much the product of venal interests as of a complex and long-term web of changes in government and private industry, now manifests itself in myriad ways: a housing market that is bifurcated and dependent on government life support, a retirement system that has left millions insecure in their old age, a tax code that favors debt over equity. The structure of American capital markets and whether or not they are serving business is a topic that has traditionally been the sole domain of “experts”—the financiers and policymakers who often have a self-interested perspective to push, and who do so in complicated language that keeps outsiders out of the debate.
These companies sponsored One of the first attempts at offering philanthropic welfare to workers was made at the Owen opened a store where the people could buy goods of sound quality at little more than wholesale cost, and he placed the sale of alcohol under strict supervision.
The Carter-era deregulation of interest rates—something that was, in an echo of today’s overlapping left-and right-wing populism, supported by an assortment of odd political bedfellows from Ralph Nader to Walter Wriston, then head of Citibank—opened the door to a spate of financial “innovations” and a shift in bank function from lending to trading. Alas, market fundamentalists here in South Africa, instead of a mea culpa acknowledging the starring role market primacy played in creating the most unequal society in the world, are digging in their heels and chaining themselves to the neoliberal fence, prescribing the same medicine that placed a lit fuse at the heart of our bifurcated, highly unequal economy.It’s encouraging that China is working with Ethiopia to restructure debt obligations and one hopes that sans debt cancellations (I quibble with the Prof on this, Africa needs cancellations for a large proportion of its debt, not payment holidays) all major creditors will adopt this approach to give African governments the wiggle room they need to roll out effective responses to the covid 19 pandemic. When it comes to finance, as with so many issues in a democratic society, complexity breeds exclusion.Finding solutions won’t be easy.
Ideas Yves here. It’s about reforming business education, which is still permeated with academics who resist challenges to the gospel of efficient markets in the same way that medieval clergy dismissed scientific evidence that might challenge the existence of God.
Stay safe and well!Thank you Arizona Slim for the kind words, I wish you more of the same during this challenging time for us all.
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