This was inevitable. It’s already the de facto direction in most companies. Nobody can seriously run an already high-risk business while also seriously pursuing a big tent political agenda of any sort. And energy wasted on political theater serves neither business nor politics.https://twitter.com/brian_armstrong/status/1310301482101563392 …
-
-
I’m a pretty narrow climate hawk. Big tent actions around carbon don’t work. But narrow efforts have a shot. If your business is high carbon, work on that. Otherwise get on with building wealth and minimizing negative externalities. You don’t have to be a saint, OR an asshole.
Show this thread -
So trawling through the backstory this appears to be about a threatened walkout over wanting the company to issue a statement over George Floyd. Personally I suspect coerced business PR statements are probably a net negative for such events. Theater replacing meaningful action.
Show this thread -
The scope creep of such social responsibility only ever goes up, never down. And because it solve the actual problem , it’s an accumulating deadweight loss tax. In heavily regulated economies this leads to social/political staffing bloat. In competitive ones, it kills companies.
Show this thread -
Businesses are not the tools for solving most political problems. Tax them more, solve problems with tax $. Flip the economics. If you had a million dollars to address structural injustice in policing, would you use it to fund tax breaks to companies in return for PR statements??
Show this thread -
New conversation -
-
-
at the risk of sounding glib - every thing a business does (or decides not to do) is inherently political? No one's making bitcoins in a vacuum. Acknowledge' ≠ Advocate, but pretending that you have no stance on something you're actively propagating/suppressing isn't 'focus'.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Climate action is...political?
-
Hugely
- Show replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.