The sooner more of us buy organic increased demand , then the sooner more companies will enter the market and create more increased supply to meet demand , and the sooner the price will drop due to increased competition and economies of scale. Yes, I know that is easier said than done. So increase the price of water to the companies who need it to cool their buildings, grow produce, make paper, and keep their machines from overheating. Yes, that will result in higher prices for nearly everything at the store, but that is the true price of those goods that are produced in areas with a limited supply of water.
Government is the only institution with enough power to prevent companies from artificially adjusting the market, from having monopoly power, to ensure that everyone can afford the basics in life, to preserve our natural resources for generations to come. There always have been and always will be certain situations where agents in the economy have an opportunity to pursue their own self-interest at the expense of society, not to its benefit.
Fix Boards, Fix Capitalism
Will our GDP suffer as a result? Will the CEOs of the companies involved make less money? Will that mean smaller returns for those companies that are publicly held? Will be better off as a society? This brings us to our next point … utility and the price of everything.
This post first appeared on Medium on September 2, We'd love to hear from you.
Capitalism broke the planet. Here’s how it’s going to fix things
Fill out the requested information below, and we'll get back to you shortly. My point is that some government regulation is necessary. Kim Soko. The Next Economy. Topic Channels.
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Today, it seems that the fundamental economic model rooted in those revolutionary times is being called into question as never before. Whatever its virtues, business practices and strategies dating back 50 years are clearly inadequate to the demands of the day. Brands are now taking unprecedented stands on key social and political issues, and companies are integrating purpose into their missions and strategies.
Capitalism broke the planet. Here’s how it’s going to fix things | New Scientist
Clearly, a new economic agenda is in the offing. Business is not waiting for this momentous change to take effect, but is hard at work shaping the change that is needed for future viability. The good news is that thoughtful people are laying out insightful plans to turn progressive ideas into practical action.
- Bad Apple.
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- The private sector is creating solutions for social needs such as housing and child care.
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Previously posted on the weekly Brands Taking Stands newsletter.
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