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  3. One of the defining beliefs of the political class is that what's good for business is (by extension) good for society.

One of the defining beliefs of the political class is that what's good for business is (by extension) good for society.

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  • chrismayla6@mastodon.me.ukC This user is from outside of this forum
    chrismayla6@mastodon.me.ukC This user is from outside of this forum
    chrismayla6@mastodon.me.uk
    wrote sidst redigeret af
    #1

    One of the defining beliefs of the political class is that what's good for business is (by extension) good for society.

    As water privatisation, the Horizon IT scandal, the Grenfell fire & numerous other corporate actions from water depleting data centres to the impact of the supermarket oligopoly on the UK's food system attest, this is not (likely never was) true.

    Only when Govt.'s are more sceptical of the business interest will we be able to build a good & just society!

    #politics #business

    jschwa1@mastodonapp.ukJ capnthommo@c.imC unchartedworlds@scicomm.xyzU russcheshire@mastodon.scotR cmsdengl@mas.toC 6 Replies Last reply
    1
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    • chrismayla6@mastodon.me.ukC chrismayla6@mastodon.me.uk

      One of the defining beliefs of the political class is that what's good for business is (by extension) good for society.

      As water privatisation, the Horizon IT scandal, the Grenfell fire & numerous other corporate actions from water depleting data centres to the impact of the supermarket oligopoly on the UK's food system attest, this is not (likely never was) true.

      Only when Govt.'s are more sceptical of the business interest will we be able to build a good & just society!

      #politics #business

      jschwa1@mastodonapp.ukJ This user is from outside of this forum
      jschwa1@mastodonapp.ukJ This user is from outside of this forum
      jschwa1@mastodonapp.uk
      wrote sidst redigeret af
      #2

      @ChrisMayLA6 There is a related misunderstanding of risk - that businesses will take risks, which may include with the lives of others, in order to maximise profits.

      Coupled with this is a failure to understand long-term consequences of actions/ inactions. Under invest in part of the system and no-one will notice for a while. But as things slowly and inexorably decline, the risk of failure increases until it can no longer be hidden - think pothole on UK highways.

      The cost of failure is born by society, not the businesses. At worst, they go bust, but we all still end up picking up the pieces.

      1 Reply Last reply
      0
      • chrismayla6@mastodon.me.ukC chrismayla6@mastodon.me.uk

        One of the defining beliefs of the political class is that what's good for business is (by extension) good for society.

        As water privatisation, the Horizon IT scandal, the Grenfell fire & numerous other corporate actions from water depleting data centres to the impact of the supermarket oligopoly on the UK's food system attest, this is not (likely never was) true.

        Only when Govt.'s are more sceptical of the business interest will we be able to build a good & just society!

        #politics #business

        capnthommo@c.imC This user is from outside of this forum
        capnthommo@c.imC This user is from outside of this forum
        capnthommo@c.im
        wrote sidst redigeret af
        #3

        @ChrisMayLA6 yes. What's the aim of business? First and always, make a profit. Whatever else it's in the business of doing, it will always come second. Maybe other considerations might enter into it, but profit first.

        1 Reply Last reply
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        • chrismayla6@mastodon.me.ukC chrismayla6@mastodon.me.uk

          One of the defining beliefs of the political class is that what's good for business is (by extension) good for society.

          As water privatisation, the Horizon IT scandal, the Grenfell fire & numerous other corporate actions from water depleting data centres to the impact of the supermarket oligopoly on the UK's food system attest, this is not (likely never was) true.

          Only when Govt.'s are more sceptical of the business interest will we be able to build a good & just society!

          #politics #business

          unchartedworlds@scicomm.xyzU This user is from outside of this forum
          unchartedworlds@scicomm.xyzU This user is from outside of this forum
          unchartedworlds@scicomm.xyz
          wrote sidst redigeret af
          #4

          @ChrisMayLA6

          You're missing a "not"!

          chrismayla6@mastodon.me.ukC 1 Reply Last reply
          0
          • chrismayla6@mastodon.me.ukC chrismayla6@mastodon.me.uk

            One of the defining beliefs of the political class is that what's good for business is (by extension) good for society.

            As water privatisation, the Horizon IT scandal, the Grenfell fire & numerous other corporate actions from water depleting data centres to the impact of the supermarket oligopoly on the UK's food system attest, this is not (likely never was) true.

            Only when Govt.'s are more sceptical of the business interest will we be able to build a good & just society!

            #politics #business

            russcheshire@mastodon.scotR This user is from outside of this forum
            russcheshire@mastodon.scotR This user is from outside of this forum
            russcheshire@mastodon.scot
            wrote sidst redigeret af
            #5

            @ChrisMayLA6 Missing a "not"? "This is [not] (and likely never was) true."

            chrismayla6@mastodon.me.ukC 1 Reply Last reply
            0
            • chrismayla6@mastodon.me.ukC chrismayla6@mastodon.me.uk

              One of the defining beliefs of the political class is that what's good for business is (by extension) good for society.

              As water privatisation, the Horizon IT scandal, the Grenfell fire & numerous other corporate actions from water depleting data centres to the impact of the supermarket oligopoly on the UK's food system attest, this is not (likely never was) true.

              Only when Govt.'s are more sceptical of the business interest will we be able to build a good & just society!

              #politics #business

              cmsdengl@mas.toC This user is from outside of this forum
              cmsdengl@mas.toC This user is from outside of this forum
              cmsdengl@mas.to
              wrote sidst redigeret af
              #6

              @ChrisMayLA6

              Perhaps their skepticism is overridden by all those nice donations and the promise of future directorships

              1 Reply Last reply
              0
              • russcheshire@mastodon.scotR russcheshire@mastodon.scot

                @ChrisMayLA6 Missing a "not"? "This is [not] (and likely never was) true."

                chrismayla6@mastodon.me.ukC This user is from outside of this forum
                chrismayla6@mastodon.me.ukC This user is from outside of this forum
                chrismayla6@mastodon.me.uk
                wrote sidst redigeret af
                #7

                @RussCheshire

                oops, indeed - now corrected - got caught up in my own parenthesis... thanks for pointed that out; greatly appreciated

                1 Reply Last reply
                0
                • unchartedworlds@scicomm.xyzU unchartedworlds@scicomm.xyz

                  @ChrisMayLA6

                  You're missing a "not"!

                  chrismayla6@mastodon.me.ukC This user is from outside of this forum
                  chrismayla6@mastodon.me.ukC This user is from outside of this forum
                  chrismayla6@mastodon.me.uk
                  wrote sidst redigeret af
                  #8

                  @unchartedworlds

                  Thanks, just corrected; got caught up in my own parenthesis - thanks for pointing it out.

                  1 Reply Last reply
                  0
                  • chrismayla6@mastodon.me.ukC chrismayla6@mastodon.me.uk

                    One of the defining beliefs of the political class is that what's good for business is (by extension) good for society.

                    As water privatisation, the Horizon IT scandal, the Grenfell fire & numerous other corporate actions from water depleting data centres to the impact of the supermarket oligopoly on the UK's food system attest, this is not (likely never was) true.

                    Only when Govt.'s are more sceptical of the business interest will we be able to build a good & just society!

                    #politics #business

                    npars01@mstdn.socialN This user is from outside of this forum
                    npars01@mstdn.socialN This user is from outside of this forum
                    npars01@mstdn.social
                    wrote sidst redigeret af
                    #9

                    @ChrisMayLA6

                    The hypocrites & criminals behind climate denial by Brendan Montegue
                    https://theecologist.org/2018/aug/10/day-thatcher-met-hayek-and-how-led-privatisation

                    https://theecologist.org/2018/sep/11/britains-first-climate-denier-was-bag-carrier-oil-baron-charles-koch

                    People like Antony Fisher and Charles Koch & their right wing think tanks.
                    https://theecologist.org/2018/aug/30/how-us-oil-billionaire-charles-koch-sent-his-emissary-london-launch-climate-denial

                    The Atlas Network and climate denial.
                    https://www.desmog.com/2014/09/19/quite-chain-consequences-chicken-farmer/

                    https://theecologist.org/2018/aug/01/you-must-start-beliefs-yes-always-beliefs

                    https://www.desmog.com/2014/09/24/second-hand-dealers-ideas-who-sold-us-neoliberalism/

                    Hayek & his hatred of science because it might lead to "socialism"
                    https://theecologist.org/2018/aug/22/how-traditionalist-hayek-feared-science-would-lead-socialism

                    1/

                    npars01@mstdn.socialN 1 Reply Last reply
                    0
                    • npars01@mstdn.socialN npars01@mstdn.social

                      @ChrisMayLA6

                      The hypocrites & criminals behind climate denial by Brendan Montegue
                      https://theecologist.org/2018/aug/10/day-thatcher-met-hayek-and-how-led-privatisation

                      https://theecologist.org/2018/sep/11/britains-first-climate-denier-was-bag-carrier-oil-baron-charles-koch

                      People like Antony Fisher and Charles Koch & their right wing think tanks.
                      https://theecologist.org/2018/aug/30/how-us-oil-billionaire-charles-koch-sent-his-emissary-london-launch-climate-denial

                      The Atlas Network and climate denial.
                      https://www.desmog.com/2014/09/19/quite-chain-consequences-chicken-farmer/

                      https://theecologist.org/2018/aug/01/you-must-start-beliefs-yes-always-beliefs

                      https://www.desmog.com/2014/09/24/second-hand-dealers-ideas-who-sold-us-neoliberalism/

                      Hayek & his hatred of science because it might lead to "socialism"
                      https://theecologist.org/2018/aug/22/how-traditionalist-hayek-feared-science-would-lead-socialism

                      1/

                      npars01@mstdn.socialN This user is from outside of this forum
                      npars01@mstdn.socialN This user is from outside of this forum
                      npars01@mstdn.social
                      wrote sidst redigeret af
                      #10

                      2/

                      Antony Fisher's model of pernicious influence peddling is still being used to this day, to kill people en masse from tobacco & fossil fuel pollution.
                      https://www.theguardian.com/books/article/2024/may/29/the-invisible-doctrine-by-george-monbiot-and-peter-hutchison-review-neoliberalisms-ascent

                      It turns out that fake "free markets", privatization, & financialization is profoundly evil, as the planet fries.
                      https://www.forbes.com/sites/alejandrochafuen/2013/11/27/the-fisher-recipe-for-successful-think-tanks-2/

                      Running a planet "like a business" is killing it & democracy.

                      From broke chicken farmer to world-ending oligarch.

                      1 Reply Last reply
                      0
                      • jwcph@helvede.netJ jwcph@helvede.net shared this topic
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