Saturday, November 6, 2010

Do not expect corporations to care about survival of human race - not their job

Outrage, Misguided -- In These Times - StumbleUpon
The doomsday metaphor also applies outside the financial world. The American Petroleum Institute, backed by the Chamber of Commerce and the other business lobbies, has intensified its efforts to persuade the public to dismiss concerns about anthropogenic global warming—with considerable success, as polls indicate. Among Republican congressional candidates in the 2010 election, virtually all reject global warming.
The executives behind the propaganda know that global warming is real, and our prospects grim. But the fate of the species is an externality that the executives must ignore, to the extent that market systems prevail. And the public won’t be able to ride to the rescue when the worst-case scenario unfolds.

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