Economies are supposed to serve human ends.. not the other way round. We forget at our peril that markets make a good servant, a bad master and a worse religion.
Amory LovinsRead
Today we have a temporary aberration called "industrial capitalism" which is inadvertently liquidating its two most important sources of capital, the natural world and properly functioning societies._x000D_ _x000D_ No sensible capitalist would do that.
Interpretation
The quote critiques industrial capitalism for harming the environment and society, which are vital for sustainable growth.
Amory Lovins highlights the paradox of industrial capitalism, which is currently undermining its own foundations. By exploiting the natural world and neglecting societal welfare, capitalism risks destroying the very resources it depends on for success. This critique suggests that true capitalism should be sustainable and recognize the value of ecological balance and social cohesion.
In practice
In a discussion about sustainable business practices, you could use this quote to emphasize the importance of environmental stewardship.
Economies are supposed to serve human ends.. not the other way round. We forget at our peril that markets make a good servant, a bad master and a worse religion.
Our energy future is choice, not fate. Oil dependence is a problem we need no longer have-and it's cheaper not to. U.S. oil dependence can be eliminated by proven and attractive technologies that create wealth, enhance choice, and strengthen common security.
You know, I think of the global economy as an inverted triangle, resting on the shoulders of the American consumer. And if the American consumer cannot have enough disposable income in order to maintain a standard of living that creates more opportunities generation after generation, that's bad for everybody.
Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs.
Markets can influence the events that they anticipate.
Speculation is only a word covering the making of money out of the manipulation of prices, instead of supplying goods and services.
Those on the downside of rising economic inequality generally do not want government policies that look like handouts. They typically do not want the government to make the tax system more progressive, to impose punishing taxes on the rich, in order to give the money to them. Redistribution feels demeaning. It feels like being labeled a failure.
Fair treatment in the work force is no longer exclusively a labor issue, nor is it a women's issue - it is a fundamental economic issue.
Subscribe for the occasional hand-picked quote. No noise.