“No,” said a third student. “Novartis is a public company. It’s not the boss or the board who decides. It’s the shareholders. If the board changes its priorities the shareholders will just elect a new board.” “That’s right,” I said. “It’s the shareholders who want this company to spend their money on researching rich people’s illnesses. That’s how they get a good return on their shares.” So there’s nothing wrong with the employees, the boss, or the board, then. “Now, the question is”—I looked at the student who had first suggested the face punching—“who owns the shares in these big pharmaceutical companies?” “Well, it’s the rich.” He shrugged. “No. It’s actually interesting because pharmaceutical shares are very stable. When the stock market goes up and down, or oil prices go up and down, pharma shares keep giving a pretty steady return. Many other kinds of companies’ shares follow the economy—they do better or worse as people go on spending sprees or cut back—but the cancer patients always need treatment. So who owns the shares in these stable companies?” My young audience looked back at me, their faces like one big question mark. “It’s retirement funds.” Silence. “So maybe I don’t have to do any punching, because I will not meet the shareholders. But you will. This weekend, go visit your grandma and punch her in the face. If you feel you need someone to blame and punish, it’s the seniors and their greedy need for stable stocks.”
― Factfulness: Ten Reasons We're Wrong About the World—and Why Things Are Better Than You Think
― Factfulness: Ten Reasons We're Wrong About the World—and Why Things Are Better Than You Think
“Monsters are real. They’re real, and they’re capable of doing the unspeakable. And they don’t hide under beds or in closets—they hide in plain sight. You just don’t always notice them.”
― The Thinnest Air
― The Thinnest Air
“Being intelligent—being good with numbers, or being well educated, or even winning a Nobel Prize—is not a shortcut to global factual knowledge. Experts are experts only within their field.”
― Factfulness: Ten Reasons We're Wrong About the World—and Why Things Are Better Than You Think
― Factfulness: Ten Reasons We're Wrong About the World—and Why Things Are Better Than You Think
“human beings have a strong dramatic instinct toward binary thinking, a basic urge to divide things into two distinct groups, with nothing but an empty gap in between. We love to dichotomize. Good versus bad. Heroes versus villains. My country versus the rest. Dividing the world into two distinct sides is simple and intuitive, and also dramatic because it implies conflict, and we do it without thinking, all the time.”
― Factfulness: Ten Reasons We're Wrong About the World – and Why Things Are Better Than You Think
― Factfulness: Ten Reasons We're Wrong About the World – and Why Things Are Better Than You Think
“We’re not meant to be best friends with every person who crosses our paths.”
― The Thinnest Air
― The Thinnest Air
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