Most Destructive Law
I sent this letter (printed and posted) to every Politician in Australia, in 2015 and 2016.
previously (now 2020 - use email below) Bermagui, NSW 2546
Dec 18, 2015
What is the most DESTRUCTIVE law on the planet?
It is the legal duty of those who run businesses to maximise the wealth of shareholders. This Shareholder Primacy or equivalent means the people and the environment HAVE to come off second best. We people lose to the money god, again!
Further, a 2012 Guardian article says: "Milton Friedman said that corporate officials had no other social responsibility than to make as much money as possible for shareholders, and that is what the business schools and university departments have been teaching ever since. So that is how the world now works. The world – business leaders, politicians, academics, and even the people in the street – have come to believe that it is the legal duty of those who run businesses to maximise the wealth of shareholders, and to hell with everything else."
Money is a man made concept and these days it is made from "thin air" through so called Quantitative Easing.
We depend on Nature, and we can't eat man made money.
Let's make a clean Earth the priority. Bob Hinkley wrote in 2002 that Corporate Law could be changed to include "... but not at the expense of the environment, human rights, the public safety, the communities in which the corporation operates or the dignity of its employees."
My will is that Corporation’s Primary Duty is to make the planet as beautiful as possible, and support human life and the environment above everything else.