Questioning capitalism: Jeremy Grantham's analysis drives home the folly of short-term thinking

Madeleine Cuff
clock
Veteran investor Jeremy Grantham | Credit: Fortune Brainstorm E / Flickr
Image:

Veteran investor Jeremy Grantham | Credit: Fortune Brainstorm E / Flickr

Updated 'Race of Our Lives' paper is a rallying cry for companies, politicians, and investors to seek a new model of capitalism that engages with the long-term and rejects the 'tyranny of the discount rate'

You might have been too distracted by #heatwave2018 to notice, but the beginning of August officially marked Earth Overshoot Day - the point at which the world has spent its natural resources budget for...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join now

 

Already a BusinessGreen
member?

Login

More on Climate change

A mock-up of the Northumberland site | Credit: Britishvolt

'A major boost for Britain': Britishvolt gigafactory project secures government backing

Battery start-up Britishvolt announces it has been awarded an undisclosed sum from the Automotive Transformation Fund in principle, which has helped unlock a further £1.7bn from private investors

Cecilia Keating
clock 21 January 2022 • 2 min read
Build Back Greener? President Biden hints at path ahead for landmark climate legislation

Build Back Greener? President Biden hints at path ahead for landmark climate legislation

President concedes he may have to break up flagship Build Back Better bill, but expresses confidence key climate provisions can pass

James Murray
clock 20 January 2022 • 3 min read
An energy revolution is possible - but only if leaders get imaginative about how to fund it

An energy revolution is possible - but only if leaders get imaginative about how to fund it

Michael Grubb explores how government can better harness the remarkable innovation that is already underway across the energy sector to deliver on its climate goals

Michael Grubb, UCL, The Conversation
clock 20 January 2022 • 3 min read