Laurie Laybourn (Strategic Climate Risks Initiative) warns: 'We are currently living through a paradigm shift in the speed, scale & severity of risks driven by the climate-nature crisis.
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Laurie Laybourn (Strategic Climate Risks Initiative) warns: 'We are currently living through a paradigm shift in the speed, scale & severity of risks driven by the climate-nature crisis. Yet many regulations & government actions are dangerously out of touch with reality'!
The economic models we use to make policy decisions are hopelessly disconnected from climate risk (perhaps wilfully?) and as such we're heading into a crisis we're hardly prepared for.
#ClimateChange
https://www.theguardian.com/environment/2026/feb/05/flawed-economic-models-mean-climate-crisis-could-crash-global-economy-experts-warn -
Laurie Laybourn (Strategic Climate Risks Initiative) warns: 'We are currently living through a paradigm shift in the speed, scale & severity of risks driven by the climate-nature crisis. Yet many regulations & government actions are dangerously out of touch with reality'!
The economic models we use to make policy decisions are hopelessly disconnected from climate risk (perhaps wilfully?) and as such we're heading into a crisis we're hardly prepared for.
#ClimateChange
https://www.theguardian.com/environment/2026/feb/05/flawed-economic-models-mean-climate-crisis-could-crash-global-economy-experts-warn@ChrisMayLA6 I'm increasingly of the opinion that late-stage capitalism is entirely based on finding and exploiting externalities. The whole mess with food delivery platforms fits into this theory, and before that the taxi apps. None of them has reduced prices OR improved service quality - they've both done distinctly the opposite, once they got past their initial 'burn seed funding to monopolise the market' stage. It's systemic at the level of the entire economy, one sector after another.
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@ChrisMayLA6 I'm increasingly of the opinion that late-stage capitalism is entirely based on finding and exploiting externalities. The whole mess with food delivery platforms fits into this theory, and before that the taxi apps. None of them has reduced prices OR improved service quality - they've both done distinctly the opposite, once they got past their initial 'burn seed funding to monopolise the market' stage. It's systemic at the level of the entire economy, one sector after another.
yes, while not the whole story (in my opinion) certainly a key element of LSC
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R relay@relay.mycrowd.ca shared this topic
