I find this facet of Capitalism the most concerning; fiduciary responsibility to the shareholder. It breaks the link between people and matters that concern society (like the environment, in the case of this article). In the drive to increase profit, individual legislators can be convinced to tweak a law or two for 'greater economic growth' somewhere. Over the decades, the effect is a shift in political power away from the people and into industry and ultimately into the hands of a few. I've come to think that this is what we're witnessing in the US. While we're not looking, the landscape is changing behind the scenes. Bram Vranken's quote from the article is poignant: 'Who does the Commission really represent: Big Tech or the public interest?' I often wonder what can be done by us (i.e. all people) to push back and it mostly requires a lot of effort from everyone; participation in Democracy.
I’m not sure the people who own property next to ‘at risk’ coastlines will agree. As a whole, society may continue but there’s a lot of people at risk of losing their property as a result of rising sea levels. Probably decades from now.
I couldn't agree more with you. I've got a brother who's been diagnosed with schizophrenia. He's in denial and it's a constant worry that he will stop taking his meds again. It's a brutal, life-destroying illness if it's not managed. His lows are truly soul-destroying to witness.