I agree with you. When I was younger, I spent many many years in evangelical Christian work and went to seminary. It is not difficult to manipulate people especially if one orates well and echoes the audience's pre-existing beliefs.
There appears to be a neurological wired-in need to 'believe' whether in God or UFOs (think Mulder in X-Files) which I think is a evolutionary survival mechanism to have an advantage to cope with the uncertainty of primitive survival. Any psychological edge such as believing we are special (chosen people arose during nation-building phases of cultural development) or that some supreme being will protect us against threats or enemies unifies and motivates feats involving danger.
I have always felt this way too. Our personal choices do not move the needle on fossil fuel and plastics. One could embrace aversion to these out of a sense of sustainability to signal virtue, but lets not pretend it will save the planet. It won't. Restricting aviation flights, stopping wars and minimizing the dirty fuel used in maritime freight does much more. But the world will not do it.
While I agree in general, my opinion is that customer choices do also matter and can move the needle, slowly, with larger cultural change.
Personally, trying to make better choices, big or small, isn't about "virtue signalling". It's about acknowledging the issues and living according to ones values.
The process you describe above is highly vulnerable as Ponzi scheme. The goal would be to raise total revenues, to paint a certain financial picture to meet targets for cashing out before the high debt load and interest payments sink the ship.
As soon as there is insufficient cashflow for several consecutive periods, the whole thing comes crashing down. This is a strategy for cashing out, rather than building a long term sustainable book of companies for steady, organic growth which has the cash to payout dividends and reward loyal investors.
> The process you describe above is highly vulnerable as Ponzi scheme. The goal would be to raise total revenues, to paint a certain financial picture to meet targets for cashing out before the high debt load and interest payments sink the ship.
You have just described almost every modern VC backed company….
There appears to be a neurological wired-in need to 'believe' whether in God or UFOs (think Mulder in X-Files) which I think is a evolutionary survival mechanism to have an advantage to cope with the uncertainty of primitive survival. Any psychological edge such as believing we are special (chosen people arose during nation-building phases of cultural development) or that some supreme being will protect us against threats or enemies unifies and motivates feats involving danger.
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