Crina Pungulescu"The purpose of the system is what it does." (Stafford Beer)
https://tinyurl.com/ruat-caelum
#education
#corporatepower
#institutionaldesign
#corporateselection
#subservientacademia
π¦ Ben West - ππ»I don't generally share stuff from Forbes but here is something interesting...
Cost Of Climate Change: Why Saving Our Planet Now Is Cheaper
"The economic and social imperatives for addressing climate change are clear. The financial crises of 1988 and 2007 saw vast sums allocated to revitalize the economic system, yet the investment in addressing the most pressing global issue of our time, the nature and climate crisis, remains insufficient.
Similar arguments can be made as for the Covid pandemic. Assessment from the World Economic Forum (WEF) puts the global cost of the pandemic at between $8 and $16 trillion. Global GDP is approximately $100 trillion. Avoiding the crisis through preparedness measures would have cost 500 times less.
This disparity in response is alarming, especially when considering the tangible signs of ecological distress, such as the noticeable decline in insect populations.
Government intervention is a must, as the market alone cannot rectify this crisis. The framework for sustainable market operations must be established, encouraging a collective movement towards a cleaner, healthier planet.
The cost of saving our world is surprisingly affordable, and the real expense lies in continued inaction. The time for decisive action is now."
Given that this math has been clear for decades at this point when will be acknowledge that there are wealthy individuals and multinational corporations with a vested interest in maintaining the status quo if not a structural mandate to maximize profits on behalf of shareholder? Changing the fundamentals of corporate structure and shinning a light on where real power and control actually come from seems critical to our survival. Thoughts?
#climate #climateEmergency #energy #politics #inequality #EnergyTransition #corporations #institutionalDesign #designThinking #economy #economics
Matt Cropp π²π²The jury in a Presidential #Impeachment should consist of 100 randomly-selected voters, not the #Senate.
Recent events have laid bare that entrusting the Senate with the responsibility of removing a President was a grievous error in #InstitutionalDesign.