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by keithnz
1595 days ago
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unfortunately the world is growth and consumption hungry and we don't want to do anything that compromises wealth creation, even reduction targets are deeply resented, let alone actually achieving sustainable consumption levels. |
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If there are 5 companies, and 1 starts to do something wildly cheaper and better than the other 4, then we reallocate to that one and let the others die off (bankruptcy, acquisition, merging).
We like growth as a species because we always want more needs met at a lower cost. Then we can redirect the resources of less efficient firms to more productive ones. Onwards and forever.