Employee ownership is a very old concept. All studies have shown that they are risk averse and have poor growth. I’d love for this to work, but you can’t fantasize your way to results.
If your idea of a company's success is how much profit it accrues, maybe it's time to question why it is you think that's a good thing.
Too right. If the USSR had come to dominate we wouldn't be using fossil fuels.
The free market has also brought us widespread electric cars, solar panels, gas power plants. The very things with which we will combat climate change.
Socialism has brought us expanding populations globally, by offering free food to people who are not productive enough to buy it. The biggest threat to the planet now are the expanding populations of countries who still have their fertility rate above replacement rate.
I view a carbon tax in the same way. It's an easy way for companies to continue with whatever their doing and they replace any guilt they may have with an easy payment. It certainly isn't going to solve much, because it removes any real chance of accountability. It is not a significant enough incentive for them to implement impactful change.
The free market may help create solutions, but it will not sustain them. Reversing climate change will not be a profitable endeavor in the short-term, and unfortunately market success is a greedy algorithm.
It's a complete contradiction that a free market could ensure conservation, since it relies entirety upon consumption, and market success is about who consumes the most.
Link to article about Israel day cares: http://freakonomics.com/2013/10/23/what-makes-people-do-what...
Massive government investment brought us each of those.
>Socialism has brought us expanding populations globally, by offering free food to people who are not productive enough to buy it. The biggest threat to the planet now are the expanding populations of countries who still have their fertility rate above replacement rate.
If we are attributing threats, I'd look closer to home.
Electric cars and solar panels won't save us. You're not fooling anyone with that. Solar panels are not nearly efficient enough to replace anything major any time soon, and electric passenger cars will certainly help, but they are not hitting the pavement fast enough to have any kind of impact in the timelines we need to see to avoid apocalyptic catastrophe.
Also how will gas power plants help climate change? Unless this is a different use of the word 'gas' than i'm used to, I think you're referring to natural gas, aka: one of the largest contributor to carbon emissions.
And damn, I've heard a lot of dumb anti-socialist arguments before, but "people who are not able to provide labor to a market economy should starve to death" is a new one.
Horrible indeed. The callousness of it reminded me of this exchange, loosely recalled, in the "Conspiracy" HBO movie about the Wannsee conference:
Some nazi bureaucrat: - "Hard labour? But many haven't picked up anything heavier than a pencil in their entire life?!"
Heydrich: - "Yes, and subsequently most will perish of natural causes." casually moves on the the next point
Some nazi bureaucrat: leans back visibly shaken.
They are experts in successfully fantasizing their way to results.
As far as being risk averse or having poor growth, their employees are animators. It is not a trade you take up if you tend to be risk averse.
Growth will be judged a frame at a time, but growth is only vitally important to investors and is not that sane a metric of success.
What's wrong with being stable and providing a decent livelihood?
As an example, I believe there are some car manufacturers who have stated that rather than diversify into electric cars they intend to stick with internal combustion engines for as long as there is demand, then close down. It seems like a reasonable plan to me. Some investors will be happy with the larger short-term profits that derive from not having to invest in a struggle to go electric, which they'd probably fail at anyway. Other investors can sell their shares and reinvest elsewhere.
We live in the bubble in the technology sector because growth is easy (data can be redistributed cheaply and we can work on an international scale right from the off). But for an animation studio that would mean having to write more scripts and thus potentially diluting their brand with inferior stores.
When You think about where Aardman began (stop motion animation that could take years just to produce one half hour TV movie), you can really see that the company is built around the love of animation rather than being a mass producer of family content.
https://www.economist.com/business/2013/11/09/trouble-in-wor...
You say this like it's a bad thing?