Whose responsibility is climate change?

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New videos DAILY: https://bigth.ink Join Big Think Edge for exclusive video lessons from top thinkers and doers: https://bigth.ink/Edge ---------------------------------------------------------------------------------- Most companies are trying to fight on both sides of a war, says Anand Giridharadas. They want to make a merciless profit and also get good PR. The result? Irresponsible company practices covered up by disingenuous 'corporate social responsibility' initiatives. "'Conscious capitalism.' That's a good one," he says. "The problem with our brand of market capitalism in American in 2018 is that it's a capitalism purely driven by the needs of shareholders." Shareholders are now America's ruling class. Citizens? The lowest priority.We're obsessed with innovation, but what we should be focused on is progress. The difference? Innovation just makes things new. Progress makes people's lives better. "Great, we have a lot of new stuff," Giridharadas says. "... in the era of innovation we've also seen the odds of social mobility—of out-earning your parents, for example—fall from 90 percent to 50 percent." Public good and private greed are out of whack. The solution? Don't tear down private enterprise, just make sure public infrastructure like schools and health care are well supported, and that wages rise in a meaningful way. ---------------------------------------------------------------------------------- ANAND GIRIDHARADAS Anand Giridharadas is the author of The Tru

Published 2012-04-24 · Watch on YouTube ↗
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