Sustainable Development, which sprung fully-armed from the fretful socialist head of the UN’s Brundtland Commission, is indeed a religion, and it has a devil: capitalism. It thus seems suicidal for any company to accommodate it, let alone embrace it. It has no workable definition except for the feel good notion of “looking after the future.” It explicitly rejects free markets as leading to resource exhaustion and environmental destruction. As such it is not based on science, much less economics, but on primitive pre-market assumptions, which just happen to be very useful to prospective “global governors.”
Archive for November, 2009
Quote of the day – Peter Foster
Wednesday, November 11th, 2009Quote of the day – Rasmussen Reports
Thursday, November 5th, 2009Government’s magic touch:
On the heels of Ford’s better-than-expected third quarter profits and its promise of solid profitability by 2011, 68% of Americans adults hold a favorable opinion of the one company that passed on a government bailout. Ford continues to far outdistance public perceptions of General Motors and Chrysler.
The latest Rasmussen Reports national telephone survey finds that only 24% view Ford unfavorably.
But just 34% of Americans have a favorable opinion of GM, while 56% view the automaker unfavorably.
Chrysler’s ratings are even lower, with just 29% who view the company favorably. Sixty-three percent (63%) view Chrysler unfavorably.