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by janalsncm 526 days ago
I agree with you 100% on the “should”. Companies should behave well. However, they are still profit maximizing machines, so one way to get what we want is to change the system of rewards and punishments such that profits are maximized while we still maintain a livable planet.

What I’m suggesting is to punish bad behavior and reward good behavior.

Every time a company is hacked, they pay into an annual pool. Every company which isn’t hacked receives money from that pool.

CO2 emissions are taxed, which goes into a pool. This pool is used to pay companies that scrub emissions.

I’m wondering if these incentives can work to increase life expectancy, decrease child mortality, eradicate diseases, etc.

Without better incentives there is no reason not to burn down the planet for a dollar. Of course it is not a panacea, it still requires some social trust.