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September 27 - December 5, 2016
Monsanto has embodied institutionalized selfishness for almost a century, and because of that deserves special mention.
“If we are to bring about change that results in an increase in altruism, it must be selective, focused on specific goals, and linked to actions which have impacts and which form part of a social movement.”
Teamwork is particularly undermined by individual incentives and bonus schemes. On the other hand, rewarding the performance of the team as a whole encourages cooperation and improves results.
the majority’s trust and goodwill erodes when a minority abuses the system for its own profit, harming the community as a whole. This is unfortunately what happens in an economic system that grants total freedom to unscrupulous speculators. It is also the consequence of wholesale deregulation of financial systems.
The best results arise from groups that are mixed in terms of skills, sex, cultural background, and motivation levels.
The wealthiest people can afford skillful lawyers who show them various ways to avoid taxes and deduct considerable sums from their tax returns,
Without condoning the imposition of sterilizing constraints on the spirit of enterprise, innovation, and prosperity, economic regulation must prevent those driven solely by self-interest from taking advantage of the intricacies of the financial system to siphon off a disproportionate amount of resources.
if the doctrine of economic laissez-faire—a term dear to philosopher Ayn Rand—had been submitted to the rigors of scientific and empirical research, it would have been rejected a long time ago.
the fairness of supply and demand, so dear to classical economists, is nothing but a myth, since we live in a world where a vast number of needs remain unsatisfied, and in particular where the investment required to eradicate poverty and respond to the challenges of global warming is lacking.
the rich are getting richer and that their wealth doesn’t trickle down. In fact it trickles up.
“Something has happened to our sense of values, when the ends of making more money justifies the means, which in the US subprime crisis meant exploiting the poorest and least-educated among us.”
Donald Trump embodies this by refusing to pay workers on his properties, inviting them to instead sue him and settle for much less money.
Yusuke Saraya founded Saraya Limited, a prosperous company selling 99.9% biodegradable detergents.
impact investing is a new investment model whose primary objective is to respond to a social or environmental need,
compulsive consumers would be better off pursuing experiences rather than material goods, using their money to benefit others instead of themselves,
Let’s imagine that a few thousand individuals decide on the fate of 7 billion others, without consulting them or worrying about their aspirations.
Yet is this not what we are doing now in deciding the fate of future generations?
It is perfectly normal for us not to ransack the house that we intend to bequeath to our grandchildren. Why not grant the same attention to the future inhabitants of the planet?
Around 60% of people follow prevailing trends and opinion leaders, something that highlights the power of the herd instinct in humans. These “followers” are also “conditional cooperators”: they are ready to contribute to the public good on the condition that everyone else does likewise.
“history is a race between education and catastrophe.”
There is no way, therefore, that we can conceive of an “ideal state” for a planet that is constantly evolving.
Stern and others predict that more than 200 million people will be displaced by 2050 because of climate change.
the current environmental costs linked to economic growth exceed the profit it generates: beyond a certain threshold, economic growth, which neglects to factor in the harm it causes as an item on its balance sheet, actually makes us poorer instead of richer.
the precious free time that we need to meditate, garden, and socialize with family and friends
Recently, some European countries, including Italy, decided to include drug and human trafficking in their GDP, even though these are clearly deeply damaging to the fabric of society.
Nationalism is to nations what individualism is to individuals.
“sustainable economic integration requires that the populations reap the benefits, that the states agree on the objectives, and that the governing institutions are perceived as legitimate.”

