
Only if liberals like Goracle keep meddling with it.
LONDON (Reuters) – Former Vice President Al Gore wants to end quarterly company reporting and explore issuing loyalty-driven securities as part of an overhaul of capitalism which he says has turned many of the world’s largest economies into hotbeds for irresponsible short-term investment.
Together with David Blood, senior partner of ‘green’ fund firmGeneration Investment Management, the environmental activist has crafted a blueprint for “sustainable capitalism” he wants the financial industry to adopt to support lasting economic growth.
“While we believe that capitalism is fundamentally superior to any other system for organizing economic activity, it is also clear that some of the ways in which it is now practiced do not incorporate sufficient regard for its impact on people, society and the planet,” Gore said.
