Wednesday, July 18, 2012

Fail. Bail. Repeat.

Excerpt from the book The View From Lazy Point by Carl Safina

When we keep what we like and discard what we don't, we're privatizing gain and socializing pain. We make others pay for our mistakes. Now corporations demand, "save my assets, buy my garbage." If they screw up - they still get paid. If you don't buy - you pay anyway. Here's what they learn (it's pretty different from what we learn): "If your failure and mismanagement are so colossal that your bankruptcy threatens the whole economy, we'll duck the fallout and you'll get the bailout." Fail. Bail. Repeat. We know what will happen as we create an expectation that destructive behavior gets rewarded. Don't we? 

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Hmmm. thought provoking!?

I completely agree. It is so much true that since the beginning of human evolution, we've always kept what we liked and discarded what we didn't want. And now the garbage has taken a whole new shape because of this.

Author rightly points out that we are all creating expectations for rewarding destructive behaviors.

There is more to think and responsibly act!

Srik

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