I’m with Krugman. I don’t get this either…
Once uncommon but now mainstream, this show of support for a greener and kinder business model might seem like a clear step forward. But many of these same companies are quietly using their political clout, often through industry trade associations, to block or reverse policies that would make the economy more sustainable. And because public policy raises the bar for entire industries, requiring that all businesses meet minimum standards, lobbying to block sound public policies can outweigh the positive impact from internal company initiatives.
So do anti-poverty programs discourage work, as conservatives incessantly claim? If there is such an effect, it’s small enough to be invisible in the data. One thing anti-poverty programs do seem to do, however, is … reduce poverty.
Now, emotional appeals like guilt and shame are the next step after stronger power plays like rigid paywalls largely failed for publishing companies. The challenge is that guilt and shame require a larger sense of community obligation for people to feel their effects, and I am not sure a pop-up is ever going to be anything other than an obstacle to get around.
The reward of inventing a new field is having a slim bibliography.
Second, blockchain is a way to look like you’re on the leading edge of technology. Like it or not, the word “blockchain” has taken on a life of its own. Very few people actually understand what it is, but want to appear hip so use these words as a way to sound more intelligent. Just like “cloud” means someone else’s computer and “AI” means a tweaked algorithm, “blockchain” in this context means a slow, expensive database.