I came across this company in the UK who are releasing an open source hydrogen fuel cell car, while researching alternative fuels. I wanted to share a couple of quotes… The car doesn’t interest me so much as the business model: they recognise that most people don’t necessarily want an object (the car) that simply depreciates, they just want to be able to move around. Thus, they are moving away from the idea of car ownership- they say “Car manufacturers make money from selling cars and parts- which rewards obsolescence and high running costs”- they want to move towards leasing vehicles- which “rewards longevity and low running costs”- the car manufacturers take responsibility for the car, it’s fuel, and fixing it up.
They go onto say:
“we can never achieve a sustainable system whilst the interests of one stakeholder group, such as shareholders legally trumps the interests of society or the environment.”
Nail on the head I think- the interests of the highest earners dictates our overall direction, (as opposed to what a society wants) the desirable direction, for those high earners being to earn even more. Thus we have a never ending cycle.
Pay matters. How much you earn can determine your lifestyle, where you can afford to live, and your aspirations and status. But to what extent does what we get paid confer ‘worth’? Beyond a narrow notion of productivity, what impact does our work have on the rest of society, and do the financial rewards we receive correspond to this? Do those that get more contribute more to society?
A really interesting report conducted by the NEF (the new economics foundation) about how we value worth/wealth. In the reports heavy social weighting it presents an interesting system of gauging wealth- and offers a potentially great alternative to how we value ourselves; in terms of how much societal value we create as opposed to destroy. Unfortunately I cannot see very much of what is suggested being implemented, but perhaps we can see a shifting attitude in the public- the outrage at bankers taking home huge bonuses, despite not bringing very much societal worth.
Our report tells the story of six different jobs. We have chosen jobs from across the private and public sectors and deliberately chosen ones that illustrate the problem. Three are low paid – a hospital cleaner, a recycling plant worker and a childcare worker. The others are highly paid – a City banker, an advertising executive and a tax accountant. We examined the contributions they make to society, and found that, in this case, it was the lower paid jobs which involved more valuable work.
