#degrowthuk — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #degrowthuk, aggregated by home.social.
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Here's a non tracking copy of that Times article on UK food security being at high risk.
https://archive.ph/Q6nUXOr if you prefer,a gift version on the Times via the zero hour campaign: https://www.thetimes.com/article/381266e2-4282-4b0b-ab68-c2beb36fe75c?shareToken=9866f130f6bcc1b627d973b510a762ad
Note this is distinct from the other previously suppressed report, Nature security assessment on global biodiversity loss, ecosystem collapse and national security:
https://www.gov.uk/government/publications/nature-security-assessment-on-global-biodiversity-loss-ecosystem-collapse-and-national-security -
Here's a non tracking copy of that Times article on UK food security being at high risk.
https://archive.ph/Q6nUXOr if you prefer,a gift version on the Times via the zero hour campaign: https://www.thetimes.com/article/381266e2-4282-4b0b-ab68-c2beb36fe75c?shareToken=9866f130f6bcc1b627d973b510a762ad
Note this is distinct from the other previously suppressed report, Nature security assessment on global biodiversity loss, ecosystem collapse and national security:
https://www.gov.uk/government/publications/nature-security-assessment-on-global-biodiversity-loss-ecosystem-collapse-and-national-security -
Here's a non tracking copy of that Times article on UK food security being at high risk.
https://archive.ph/Q6nUXOr if you prefer,a gift version on the Times via the zero hour campaign: https://www.thetimes.com/article/381266e2-4282-4b0b-ab68-c2beb36fe75c?shareToken=9866f130f6bcc1b627d973b510a762ad
Note this is distinct from the other previously suppressed report, Nature security assessment on global biodiversity loss, ecosystem collapse and national security:
https://www.gov.uk/government/publications/nature-security-assessment-on-global-biodiversity-loss-ecosystem-collapse-and-national-security -
Here's a non tracking copy of that Times article on UK food security being at high risk.
https://archive.ph/Q6nUXOr if you prefer,a gift version on the Times via the zero hour campaign: https://www.thetimes.com/article/381266e2-4282-4b0b-ab68-c2beb36fe75c?shareToken=9866f130f6bcc1b627d973b510a762ad
Note this is distinct from the other previously suppressed report, Nature security assessment on global biodiversity loss, ecosystem collapse and national security:
https://www.gov.uk/government/publications/nature-security-assessment-on-global-biodiversity-loss-ecosystem-collapse-and-national-security -
Here's a non tracking copy of that Times article on UK food security being at high risk.
https://archive.ph/Q6nUXOr if you prefer,a gift version on the Times via the zero hour campaign: https://www.thetimes.com/article/381266e2-4282-4b0b-ab68-c2beb36fe75c?shareToken=9866f130f6bcc1b627d973b510a762ad
Note this is distinct from the other previously suppressed report, Nature security assessment on global biodiversity loss, ecosystem collapse and national security:
https://www.gov.uk/government/publications/nature-security-assessment-on-global-biodiversity-loss-ecosystem-collapse-and-national-security -
In case you don't know us:
About us – degrowthUK
https://degrowthuk.org/about-degrowth-uk/ -
In case you don't know us:
About us – degrowthUK
https://degrowthuk.org/about-degrowth-uk/ -
In case you don't know us:
About us – degrowthUK
https://degrowthuk.org/about-degrowth-uk/ -
In case you don't know us:
About us – degrowthUK
https://degrowthuk.org/about-degrowth-uk/ -
In case you don't know us:
About us – degrowthUK
https://degrowthuk.org/about-degrowth-uk/ -
#Chat in ~30mins - Ask for link
About #Degrowth / #Reducing Consumption / #Capitalism etc
Thursday 12 UK Noon (in 30mins)
(+ Weekend also if interested...)#Ecology vs. #Economy #UKPol
#DIY #Capitalism #Politics #UK #Scotland #Wales #Ireland
#DegrowthUK #DegrowthWorld #Cooperate Better #Games of less destroying #Planet #Growing #People #Minimising #Conserving #Gardening #Coops #Together -
#Chat in ~30mins - Ask for link
About #Degrowth / #Reducing Consumption / #Capitalism etc
Thursday 12 UK Noon (in 30mins)
(+ Weekend also if interested...)#Ecology vs. #Economy #UKPol
#DIY #Capitalism #Politics #UK #Scotland #Wales #Ireland
#DegrowthUK #DegrowthWorld #Cooperate Better #Games of less destroying #Planet #Growing #People #Minimising #Conserving #Gardening #Coops #Together -
CW: #Degrowth #Chat #Test All day Today
CHAT LINK INFO HERE!
https://send.trom.tf/f.php?h=338nmUB5&p=1&k=580ebc33159d059f97aec51e513f3ebe
Contact #FreeSchool for info & chat link.
#Social #Ecology vs. #Economy #UKPol #Banks #State
#DIY #Capitalism #Politics #UK #Scotland #Wales #Ireland
Sorry @Irisfreundin no ALTtext because our server has problems (right when I was going to add it too! But I'll do it on next revision / repost which is why I'm adding your here as reminder for me)
#Cooperate Better = less bad #Games of destroying #Planet
#Growing #People #Conserving #Gardening #Coops #Minimising and #Epanding #Mind #Jitsi #Together
-
CW: #Degrowth #Chat #Test All day Today
CHAT LINK INFO HERE!
https://send.trom.tf/f.php?h=338nmUB5&p=1&k=580ebc33159d059f97aec51e513f3ebe
Contact #FreeSchool for info & chat link.
#Social #Ecology vs. #Economy #UKPol #Banks #State
#DIY #Capitalism #Politics #UK #Scotland #Wales #Ireland
Sorry @Irisfreundin no ALTtext because our server has problems (right when I was going to add it too! But I'll do it on next revision / repost which is why I'm adding your here as reminder for me)
#Cooperate Better = less bad #Games of destroying #Planet
#Growing #People #Conserving #Gardening #Coops #Minimising and #Epanding #Mind #Jitsi #Together
-
CW: #Degrowth #Chat #Test All day Today
CHAT LINK INFO HERE!
https://send.trom.tf/f.php?h=338nmUB5&p=1&k=580ebc33159d059f97aec51e513f3ebe
Contact #FreeSchool for info & chat link.
#Social #Ecology vs. #Economy #UKPol #Banks #State
#DIY #Capitalism #Politics #UK #Scotland #Wales #Ireland
#Cooperate Better = less bad #Games of destroying #Planet
#Growing #People #Conserving #Gardening #Coops #Minimising and #Epanding #Mind #Together
-
CW: #Degrowth #Chat #Test All day Today
CHAT LINK INFO HERE!
https://send.trom.tf/f.php?h=338nmUB5&p=1&k=580ebc33159d059f97aec51e513f3ebe
Contact #FreeSchool for info & chat link.
#Social #Ecology vs. #Economy #UKPol #Banks #State
#DIY #Capitalism #Politics #UK #Scotland #Wales #Ireland
#Cooperate Better = less bad #Games of destroying #Planet
#Growing #People #Conserving #Gardening #Coops #Minimising and #Epanding #Mind #Together
-
#Degrowth #Chat #Meetup #Online
Thursday 12 UK Noon
(+ Weekend if interested...)Contact #FreeSchool for info on spaces & chat link.
#Ecology vs. #Economy #UKPol
#DIY #Capitalism #Politics #UK #Scotland #Wales #Ireland
#DegrowthUK #DegrowthWorld #Cooperate Better #Games of less destroying #Planet #Growing #People #Minimising #Conserving #Gardening #Coops #Together -
#Degrowth #Chat #Meetup #Online
Thursday 12 UK Noon
(+ Weekend if interested...)Contact #FreeSchool for info on spaces & chat link.
#Ecology vs. #Economy #UKPol
#DIY #Capitalism #Politics #UK #Scotland #Wales #Ireland
#DegrowthUK #DegrowthWorld #Cooperate Better #Games of less destroying #Planet #Growing #People #Minimising #Conserving #Gardening #Coops #Together -
I agree the remote-shareholder, investor-driven model of capitalism, rather than free enterprise itself, is the main problem.
I believe the social enterprise movement has demonstrated that it Is possible to marry the energy and creativity of free enterprise with social and environmental responsibility.
What would company and commercial law look like in a truly responsible economy? (Your thoughts on this welcome.)
I think there are 3 areas:
1. Governance: widening the legal duty of directors of limited liability companies to act not just in the interests of shareholders, but also of employees, the wider community, and the natural environment.
2. Representation: for larger businesses, elected employee and community representation on the board, and tax incentives for the extension of ownership to employees and other stakeholders.
3. Reporting: social alongside financial auditing; the bigger the business, the more detailed the reporting and audit requirements, including - for the very largest - supply-chains.
Note, most of this will not affect small business. Your local shops or musicians or plumbers would be largely unaffected. But - capitalists will argue - much of the incentive to grow very big will be removed. Well... YES !
(Note #degrowthuk is proposing 'elected worker and community representation on company boards'. See https://gettingreal.org.uk/wp-content/uploads/2024/04/Stop-the-Damage-Build-a-Better-full-v-5.pdf )
-
I agree the remote-shareholder, investor-driven model of capitalism, rather than free enterprise itself, is the main problem.
I believe the social enterprise movement has demonstrated that it Is possible to marry the energy and creativity of free enterprise with social and environmental responsibility.
What would company and commercial law look like in a truly responsible economy? (Your thoughts on this welcome.)
I think there are 3 areas:
1. Governance: widening the legal duty of directors of limited liability companies to act not just in the interests of shareholders, but also of employees, the wider community, and the natural environment.
2. Representation: for larger businesses, elected employee and community representation on the board, and tax incentives for the extension of ownership to employees and other stakeholders.
3. Reporting: social alongside financial auditing; the bigger the business, the more detailed the reporting and audit requirements, including - for the very largest - supply-chains.
Note, most of this will not affect small business. Your local shops or musicians or plumbers would be largely unaffected. But - capitalists will argue - much of the incentive to grow very big will be removed. Well... YES !
(Note #degrowthuk is proposing 'elected worker and community representation on company boards'. See https://gettingreal.org.uk/wp-content/uploads/2024/04/Stop-the-Damage-Build-a-Better-full-v-5.pdf )
-
I agree the remote-shareholder, investor-driven model of capitalism, rather than free enterprise itself, is the main problem.
I believe the social enterprise movement has demonstrated that it Is possible to marry the energy and creativity of free enterprise with social and environmental responsibility.
What would company and commercial law look like in a truly responsible economy? (Your thoughts on this welcome.)
I think there are 3 areas:
1. Governance: widening the legal duty of directors of limited liability companies to act not just in the interests of shareholders, but also of employees, the wider community, and the natural environment.
2. Representation: for larger businesses, elected employee and community representation on the board, and tax incentives for the extension of ownership to employees and other stakeholders.
3. Reporting: social alongside financial auditing; the bigger the business, the more detailed the reporting and audit requirements, including - for the very largest - supply-chains.
Note, most of this will not affect small business. Your local shops or musicians or plumbers would be largely unaffected. But - capitalists will argue - much of the incentive to grow very big will be removed. Well... YES !
(Note #degrowthuk is proposing 'elected worker and community representation on company boards'. See https://gettingreal.org.uk/wp-content/uploads/2024/04/Stop-the-Damage-Build-a-Better-full-v-5.pdf )
-
I agree the remote-shareholder, investor-driven model of capitalism, rather than free enterprise itself, is the main problem.
I believe the social enterprise movement has demonstrated that it Is possible to marry the energy and creativity of free enterprise with social and environmental responsibility.
What would company and commercial law look like in a truly responsible economy? (Your thoughts on this welcome.)
I think there are 3 areas:
1. Governance: widening the legal duty of directors of limited liability companies to act not just in the interests of shareholders, but also of employees, the wider community, and the natural environment.
2. Representation: for larger businesses, elected employee and community representation on the board, and tax incentives for the extension of ownership to employees and other stakeholders.
3. Reporting: social alongside financial auditing; the bigger the business, the more detailed the reporting and audit requirements, including - for the very largest - supply-chains.
Note, most of this will not affect small business. Your local shops or musicians or plumbers would be largely unaffected. But - capitalists will argue - much of the incentive to grow very big will be removed. Well... YES !
(Note #degrowthuk is proposing 'elected worker and community representation on company boards'. See https://gettingreal.org.uk/wp-content/uploads/2024/04/Stop-the-Damage-Build-a-Better-full-v-5.pdf )
-
I agree the remote-shareholder, investor-driven model of capitalism, rather than free enterprise itself, is the main problem.
I believe the social enterprise movement has demonstrated that it Is possible to marry the energy and creativity of free enterprise with social and environmental responsibility.
What would company and commercial law look like in a truly responsible economy? (Your thoughts on this welcome.)
I think there are 3 areas:
1. Governance: widening the legal duty of directors of limited liability companies to act not just in the interests of shareholders, but also of employees, the wider community, and the natural environment.
2. Representation: for larger businesses, elected employee and community representation on the board, and tax incentives for the extension of ownership to employees and other stakeholders.
3. Reporting: social alongside financial auditing; the bigger the business, the more detailed the reporting and audit requirements, including - for the very largest - supply-chains.
Note, most of this will not affect small business. Your local shops or musicians or plumbers would be largely unaffected. But - capitalists will argue - much of the incentive to grow very big will be removed. Well... YES !
(Note #degrowthuk is proposing 'elected worker and community representation on company boards'. See https://gettingreal.org.uk/wp-content/uploads/2024/04/Stop-the-Damage-Build-a-Better-full-v-5.pdf )
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"Degrowth: a dead end or the way out? Capital’s future scam" –
https://degrowthuk.org/2025/05/31/degrowth-a-dead-end-or-the-way-out-capitals-future-scam/
New piece in our #ProspectsForDegrowth series.
Beware diluted, fake, scam "degrowth". Insist on the real thing.
#degrowthUK #degrowth
The whole series: still open for contributions.
https://degrowthuk.org/prospects-for-degrowth/ -
"Degrowth: a dead end or the way out? Capital’s future scam" –
https://degrowthuk.org/2025/05/31/degrowth-a-dead-end-or-the-way-out-capitals-future-scam/
New piece in our #ProspectsForDegrowth series.
Beware diluted, fake, scam "degrowth". Insist on the real thing.
#degrowthUK #degrowth
The whole series: still open for contributions.
https://degrowthuk.org/prospects-for-degrowth/ -
"Degrowth: a dead end or the way out? Capital’s future scam" –
https://degrowthuk.org/2025/05/31/degrowth-a-dead-end-or-the-way-out-capitals-future-scam/
New piece in our #ProspectsForDegrowth series.
Beware diluted, fake, scam "degrowth". Insist on the real thing.
#degrowthUK #degrowth
The whole series: still open for contributions.
https://degrowthuk.org/prospects-for-degrowth/ -
"Degrowth: a dead end or the way out? Capital’s future scam" –
https://degrowthuk.org/2025/05/31/degrowth-a-dead-end-or-the-way-out-capitals-future-scam/
New piece in our #ProspectsForDegrowth series.
Beware diluted, fake, scam "degrowth". Insist on the real thing.
#degrowthUK #degrowth
The whole series: still open for contributions.
https://degrowthuk.org/prospects-for-degrowth/ -
"Degrowth: a dead end or the way out? Capital’s future scam" –
https://degrowthuk.org/2025/05/31/degrowth-a-dead-end-or-the-way-out-capitals-future-scam/
New piece in our #ProspectsForDegrowth series.
Beware diluted, fake, scam "degrowth". Insist on the real thing.
#degrowthUK #degrowth
The whole series: still open for contributions.
https://degrowthuk.org/prospects-for-degrowth/ -
Beware diluted, fake, scam "degrowth". Insist on the real thing.
New piece in our #ProspectsForDegrowth series.
"Degrowth: a dead end or the way out? Capital’s future scam" – #degrowthUK #degrowth
https://degrowthuk.org/2025/05/31/degrowth-a-dead-end-or-the-way-out-capitals-future-scam/
The whole series: still open for contributions.
https://degrowthuk.org/prospects-for-degrowth/ -
Beware diluted, fake, scam "degrowth". Insist on the real thing.
New piece in our #ProspectsForDegrowth series.
"Degrowth: a dead end or the way out? Capital’s future scam" – #degrowthUK #degrowth
https://degrowthuk.org/2025/05/31/degrowth-a-dead-end-or-the-way-out-capitals-future-scam/
The whole series: still open for contributions.
https://degrowthuk.org/prospects-for-degrowth/ -
Beware diluted, fake, scam "degrowth". Insist on the real thing.
New piece in our #ProspectsForDegrowth series.
"Degrowth: a dead end or the way out? Capital’s future scam" – #degrowthUK #degrowth
https://degrowthuk.org/2025/05/31/degrowth-a-dead-end-or-the-way-out-capitals-future-scam/
The whole series: still open for contributions.
https://degrowthuk.org/prospects-for-degrowth/ -
Beware diluted, fake, scam "degrowth". Insist on the real thing.
New piece in our #ProspectsForDegrowth series.
"Degrowth: a dead end or the way out? Capital’s future scam" – #degrowthUK #degrowth
https://degrowthuk.org/2025/05/31/degrowth-a-dead-end-or-the-way-out-capitals-future-scam/
The whole series: still open for contributions.
https://degrowthuk.org/prospects-for-degrowth/ -
Beware diluted, fake, scam "degrowth". Insist on the real thing.
New piece in our #ProspectsForDegrowth series.
"Degrowth: a dead end or the way out? Capital’s future scam" – #degrowthUK #degrowth
https://degrowthuk.org/2025/05/31/degrowth-a-dead-end-or-the-way-out-capitals-future-scam/
The whole series: still open for contributions.
https://degrowthuk.org/prospects-for-degrowth/ -
Beware diluted, fake, scam "degrowth". Insist on the real thing.
New piece in our #ProspectsForDegrowth series.
"Degrowth: a dead end or the way out? Capital’s future scam" – #degrowthUK #degrowth
https://degrowthuk.org/2025/05/31/degrowth-a-dead-end-or-the-way-out-capitals-future-scam/
-
Beware diluted, fake, scam "degrowth". Insist on the real thing.
New piece in our #ProspectsForDegrowth series.
"Degrowth: a dead end or the way out? Capital’s future scam" – #degrowthUK #degrowth
https://degrowthuk.org/2025/05/31/degrowth-a-dead-end-or-the-way-out-capitals-future-scam/
-
Beware diluted, fake, scam "degrowth". Insist on the real thing.
New piece in our #ProspectsForDegrowth series.
"Degrowth: a dead end or the way out? Capital’s future scam" – #degrowthUK #degrowth
https://degrowthuk.org/2025/05/31/degrowth-a-dead-end-or-the-way-out-capitals-future-scam/
-
Beware diluted, fake, scam "degrowth". Insist on the real thing.
New piece in our #ProspectsForDegrowth series.
"Degrowth: a dead end or the way out? Capital’s future scam" – #degrowthUK #degrowth
https://degrowthuk.org/2025/05/31/degrowth-a-dead-end-or-the-way-out-capitals-future-scam/
-
Beware diluted, fake, scam "degrowth". Insist on the real thing.
New piece in our #ProspectsForDegrowth series.
"Degrowth: a dead end or the way out? Capital’s future scam" – #degrowthUK #degrowth
https://degrowthuk.org/2025/05/31/degrowth-a-dead-end-or-the-way-out-capitals-future-scam/
-
Is it possible to reform company and commercial law to incentivise responsible business?
The current legal/financial environment for business is full of perverse incentives - business 'success' comes from generating returns regardless of damage to people or planet. The only real incentives for responsible behaviour are personal morality and adverse publicity - getting found out - that might put off customers.
By contrast, business rewards for maximising quick returns and growth regardless of damage done are immediate and powerful.
Yet I believe the social enterprise movement has demonstrated that it Is possible to marry the energy and creativity of free enterprise with social and environmental responsibility.
What would company and commercial law look like in a truly responsible economy? (Your thoughts on this welcome.)
I think there are 3 areas:
1. Governance: widening the legal duty of directors of limited liability companies to act not just in the interests of shareholders, but also of employees, the wider community, and the natural environment.
2. Representation: for larger businesses, elected employee and community representation on the board, and tax incentives for the extension of ownership to employees and other stakeholders.
3. Reporting: social alongside financial auditing; the bigger the business, the more detailed the reporting and audit requirements, including - for the very largest - supply-chains.
Note, most of this will not affect small business. Your local shops or musicians or plumbers would be largely unaffected. But - capitalists will argue - much of the incentive to grow very big will be removed. Well... YES !
(Note #degrowthuk is proposing 'elected worker and community representation on company boards'. See https://gettingreal.org.uk/wp-content/uploads/2024/04/Stop-the-Damage-Build-a-Better-full-v-5.pdf )
-
Is it possible to reform company and commercial law to incentivise responsible business?
The current legal/financial environment for business is full of perverse incentives - business 'success' comes from generating returns regardless of damage to people or planet. The only real incentives for responsible behaviour are personal morality and adverse publicity - getting found out - that might put off customers.
By contrast, business rewards for maximising quick returns and growth regardless of damage done are immediate and powerful.
Yet I believe the social enterprise movement has demonstrated that it Is possible to marry the energy and creativity of free enterprise with social and environmental responsibility.
What would company and commercial law look like in a truly responsible economy? (Your thoughts on this welcome.)
I think there are 3 areas:
1. Governance: widening the legal duty of directors of limited liability companies to act not just in the interests of shareholders, but also of employees, the wider community, and the natural environment.
2. Representation: for larger businesses, elected employee and community representation on the board, and tax incentives for the extension of ownership to employees and other stakeholders.
3. Reporting: social alongside financial auditing; the bigger the business, the more detailed the reporting and audit requirements, including - for the very largest - supply-chains.
Note, most of this will not affect small business. Your local shops or musicians or plumbers would be largely unaffected. But - capitalists will argue - much of the incentive to grow very big will be removed. Well... YES !
(Note #degrowthuk is proposing 'elected worker and community representation on company boards'. See https://gettingreal.org.uk/wp-content/uploads/2024/04/Stop-the-Damage-Build-a-Better-full-v-5.pdf )
-
Is it possible to reform company and commercial law to incentivise responsible business?
The current legal/financial environment for business is full of perverse incentives - business 'success' comes from generating returns regardless of damage to people or planet. The only real incentives for responsible behaviour are personal morality and adverse publicity - getting found out - that might put off customers.
By contrast, business rewards for maximising quick returns and growth regardless of damage done are immediate and powerful.
Yet I believe the social enterprise movement has demonstrated that it Is possible to marry the energy and creativity of free enterprise with social and environmental responsibility.
What would company and commercial law look like in a truly responsible economy? (Your thoughts on this welcome.)
I think there are 3 areas:
1. Governance: widening the legal duty of directors of limited liability companies to act not just in the interests of shareholders, but also of employees, the wider community, and the natural environment.
2. Representation: for larger businesses, elected employee and community representation on the board, and tax incentives for the extension of ownership to employees and other stakeholders.
3. Reporting: social alongside financial auditing; the bigger the business, the more detailed the reporting and audit requirements, including - for the very largest - supply-chains.
Note, most of this will not affect small business. Your local shops or musicians or plumbers would be largely unaffected. But - capitalists will argue - much of the incentive to grow very big will be removed. Well... YES !
(Note #degrowthuk is proposing 'elected worker and community representation on company boards'. See https://gettingreal.org.uk/wp-content/uploads/2024/04/Stop-the-Damage-Build-a-Better-full-v-5.pdf )
-
Is it possible to reform company and commercial law to incentivise responsible business?
The current legal/financial environment for business is full of perverse incentives - business 'success' comes from generating returns regardless of damage to people or planet. The only real incentives for responsible behaviour are personal morality and adverse publicity - getting found out - that might put off customers.
By contrast, business rewards for maximising quick returns and growth regardless of damage done are immediate and powerful.
Yet I believe the social enterprise movement has demonstrated that it Is possible to marry the energy and creativity of free enterprise with social and environmental responsibility.
What would company and commercial law look like in a truly responsible economy? (Your thoughts on this welcome.)
I think there are 3 areas:
1. Governance: widening the legal duty of directors of limited liability companies to act not just in the interests of shareholders, but also of employees, the wider community, and the natural environment.
2. Representation: for larger businesses, elected employee and community representation on the board, and tax incentives for the extension of ownership to employees and other stakeholders.
3. Reporting: social alongside financial auditing; the bigger the business, the more detailed the reporting and audit requirements, including - for the very largest - supply-chains.
Note, most of this will not affect small business. Your local shops or musicians or plumbers would be largely unaffected. But - capitalists will argue - much of the incentive to grow very big will be removed. Well... YES !
(Note #degrowthuk is proposing 'elected worker and community representation on company boards'. See https://gettingreal.org.uk/wp-content/uploads/2024/04/Stop-the-Damage-Build-a-Better-full-v-5.pdf )
-
Is it possible to reform company and commercial law to incentivise responsible business?
The current legal/financial environment for business is full of perverse incentives - business 'success' comes from generating returns regardless of damage to people or planet. The only real incentives for responsible behaviour are personal morality and adverse publicity - getting found out - that might put off customers.
By contrast, business rewards for maximising quick returns and growth regardless of damage done are immediate and powerful.
Yet I believe the social enterprise movement has demonstrated that it Is possible to marry the energy and creativity of free enterprise with social and environmental responsibility.
What would company and commercial law look like in a truly responsible economy? (Your thoughts on this welcome.)
I think there are 3 areas:
1. Governance: widening the legal duty of directors of limited liability companies to act not just in the interests of shareholders, but also of employees, the wider community, and the natural environment.
2. Representation: for larger businesses, elected employee and community representation on the board, and tax incentives for the extension of ownership to employees and other stakeholders.
3. Reporting: social alongside financial auditing; the bigger the business, the more detailed the reporting and audit requirements, including - for the very largest - supply-chains.
Note, most of this will not affect small business. Your local shops or musicians or plumbers would be largely unaffected. But - capitalists will argue - much of the incentive to grow very big will be removed. Well... YES !
(Note #degrowthuk is proposing 'elected worker and community representation on company boards'. See https://gettingreal.org.uk/wp-content/uploads/2024/04/Stop-the-Damage-Build-a-Better-full-v-5.pdf )
-
Reminder as the #Pontevedra #Degrowth Conference begins:
Degrowthers in the UK can join our #DegrowthUK email list to connect with others in the network. See
https://degrowthuk.org/contact/ -
Reminder as the #Pontevedra #Degrowth Conference begins:
Degrowthers in the UK can join our #DegrowthUK email list to connect with others in the network. See
https://degrowthuk.org/contact/ -
Reminder as the #Pontevedra #Degrowth Conference begins:
Degrowthers in the UK can join our #DegrowthUK email list to connect with others in the network. See
https://degrowthuk.org/contact/ -
Reminder as the #Pontevedra #Degrowth Conference begins:
Degrowthers in the UK can join our #DegrowthUK email list to connect with others in the network. See
https://degrowthuk.org/contact/ -
Reminder as the #Pontevedra #Degrowth Conference begins:
Degrowthers in the UK can join our #DegrowthUK email list to connect with others in the network. See
https://degrowthuk.org/contact/ -
If you would like to join the #degrowthUK email list to connect with academics and activists working on #degrowth send an email to the following address: degrowthuk-subscribe[at]lists.riseup.net
See https://degrowthuk.org/about-degrowth-uk/ -
If you would like to join the #degrowthUK email list to connect with academics and activists working on #degrowth send an email to the following address: degrowthuk-subscribe[at]lists.riseup.net
See https://degrowthuk.org/about-degrowth-uk/