That’s a fair point. It could be less about the PMC being “wrong” about things and instead the incentive structures we have in place leads them towards the wrong decision a lot. I wouldn’t limit it to just politicians. That incentive structure problem is prevalent across media, corporate America, higher learning institutions, etc. Howeve…
That’s a fair point. It could be less about the PMC being “wrong” about things and instead the incentive structures we have in place leads them towards the wrong decision a lot. I wouldn’t limit it to just politicians. That incentive structure problem is prevalent across media, corporate America, higher learning institutions, etc. However, whether it’s just that they are wrong because they are clueless or because incentive structures are such that they inevitably make the wrong decision the end result is the same which is what your avg person cares about.
The incentive structures are indeed distorting, which is why we have energy companies denying the crushing evidence of global warming. But that indicts only the energy companies and their minions. There are lots of people in the media, in the universities, in the federal and state governments, and even in some corporations that have been doing hard work and pounding the drum for a very long time. They are pushing for the right decisions on those issues, but (a) the economic incentives of those who benefit from fossil fuels and (b) the ability of people like Trump to exploit the suspicions and resentments that arise because some of the solutions are inconvenient for some people thwart making as much progress as is required. The average person will care when he discovers that we have missed the Lampedusa moment (when everything changes so everything stays the same) and we are really headed down the drain of climate change, mass migration, etc., etc.
That’s a fair point. It could be less about the PMC being “wrong” about things and instead the incentive structures we have in place leads them towards the wrong decision a lot. I wouldn’t limit it to just politicians. That incentive structure problem is prevalent across media, corporate America, higher learning institutions, etc. However, whether it’s just that they are wrong because they are clueless or because incentive structures are such that they inevitably make the wrong decision the end result is the same which is what your avg person cares about.
The incentive structures are indeed distorting, which is why we have energy companies denying the crushing evidence of global warming. But that indicts only the energy companies and their minions. There are lots of people in the media, in the universities, in the federal and state governments, and even in some corporations that have been doing hard work and pounding the drum for a very long time. They are pushing for the right decisions on those issues, but (a) the economic incentives of those who benefit from fossil fuels and (b) the ability of people like Trump to exploit the suspicions and resentments that arise because some of the solutions are inconvenient for some people thwart making as much progress as is required. The average person will care when he discovers that we have missed the Lampedusa moment (when everything changes so everything stays the same) and we are really headed down the drain of climate change, mass migration, etc., etc.
You were right the first time. The 'professions' have become as corrupt and self-serving as the Catholic priesthood in the era of indulges.