637 karma · joined August 7, 2010
Using allegories you can put things into terms the child understands more easily. As they get older you can explain the truth behind the "lie" or story, if you like.
Capital needs somewhere to park, and it all come with risk. I don’t know a company that will be immune to the direct effects of climate change and the secondary geopolitical effects. How is land purchasing differently responsible than any other investment?
If that land may go up in value in the future, plenty of the current owners may be quite happy to realize some of that gain now with 100% certainty by selling to speculators.
3M may be large enough and have enough similar production lines that they can shift production around and still make a marginal profit on the scaled up production, but that's not a given. Smaller companies or more specialized ones would have to decide to increase production to their own detriment. Some might do that out of goodwill, but your last point correctly calls that out for the gamble it is.
"Spin up production for X units of Y product for Z weeks per year and we'll give you $N. In the event that we need you to swap over for a national emergency, we'll pay you $M per week of production."