The stark choice between financial markets and ecological and social realities
Dr Ioannou on the stark choice between financial markets and ecological and social realities
We are on a collision course between financial short-sightedness and the hard limits of reality - an impact that capital markets, as they are, are woefully unprepared to withstand.
This the view of London Business School's Dr Ioannis Ioannou in his latest article in Forbes, Markets At A Crossroads: Orderly Or Chaotic Transition?
Dr Ioannou writes: "Our financial markets continue to reward short-term returns that very often stand at odds with the planet’s finite resources and society’s long-term needs. "
He concludes That transition is no longer a "distant possibility but an unfolding reality".
"Whether it will be orderly or chaotic depends on the choices we make today. Aligning markets with ecological and social realities offers a path to resilience and stability. Hesitation, on the other hand, risks plunging us into avoidable crises. The clock is ticking - it is time to act with purpose and foresight."