Volkswagen and the Future of Honesty

The market is giving its own answer to the question “Is honesty for suckers?” Its response is: “No, honesty is for those who want to maximize value over the long term.” Of course, some corporations will get away with cheating. But the risk is always there that they will be caught. And often – especially for corporations whose brands’ reputation is a major asset – the risk just isn’t worth taking.

Honesty maximizes value over the long term, even if by “value” we mean only the monetary return to shareholders. It is even more obviously true if value includes the sense of satisfaction that all those involved take from their work. Several studies have shown that members of the generation that has come of age in the new millennium are more interested in having an impact on the world than in earning money for its own sake. This is the generation that has spawned “effective altruism,” which encourages giving money away, as long as it is done efficiently.

→ Project Syndicate

Bros Funding Bros : What’s Wrong with Venture Capital

A VC on VCs :

From the foundations and NGOs that are eradicating poverty and taking care of the world’s worst off, to companies like Facebook, Google and Apple that are inventing the future while looking after our best off, they have all explicitly decided to become less consensus driven and less homogeneous. They have found this increases creativity and drives business results. In turn, they are doing the ambitious, groundbreaking work that we used to do. And even though they have more work to do, when you compare the complexion of these leaders to the leaders within our industry, we look like total laggards.

→ The Information

The Decline of ‘Big Soda’

This piece is a good reminder that I need to drink more water —and a lot less French wine and beers. Cheers :

Even as anti-obesity campaigners like Mr. Nutter have failed to pass taxes, they have accomplished something larger. In the course of the fight, they have reminded people that soda is not a very healthy product. They have echoed similar messages coming from public health researchers and others — and fundamentally changed the way Americans think about soda.

→ The New York Times

The Age Of Loneliness

There’s just so much in this longform that I could not settle for just one or two paragraphs :

In the time I’d been gone, there had been a shift. Of course I had changed, and the trees had grown taller, but a greater swing—the kind that happens on a geological timescale of thousands or millions of years—was beginning to be widely acknowledged. Some scientists were becoming urgently vocal about the need to recognize that, in recent centuries, the world had entered a new epoch. They called it the Anthropocene. Planet Earth was now defined, they said, by the complete and utter dominance of human beings.

***

“It’s no longer us against ‘Nature,’” Paul Crutzen wrote in 2011. “Instead, it’s we who decide what nature is and what it will be.”

My favorite part — I love birds :

I stared down at my charge at the bottom of the basket. It was just a bird, but a bird that couldn’t be found anywhere on the East Coast forty years earlier, when DDT was so abundant that every falcon nest failed, the eggshells thinned beyond survival. This bird was hope. There in a room far above the famous Riverside Church sanctuary that gives so many people a place to put their faith, I looked into the bird’s dark eyes and found a place for my own.

A beautiful conclusion by Meera Subramanian. My thanks to her for this remarquable journey :

There is no trail going forward. We have to follow the lay of the land. We need to remember that when we leave the woods, it is not so easy to find our way back.

Credit : Steve McCurry, Canada

→ Guernica Magazine

The Evolution of Magazine Covers

 
Not so long ago, black people couldn’t vote. Though they still face significant discrimination, they are also now idolized on magazine covers. As women have earned more rights over the years, they now take control of their sexuality. And Vanity Fair’s most iconic cover this year is a woman who used to identify as a man.

→ Medium