Capitalism is killing the planet and needs to change, says investor Jeremy Grantham

CNBC ^ | June 13, 2018 | by Fred Imbert

[glennaro]

An investor complaining about capitalism

Grantham comes across as an ungrateful and selfish man. He's already got what he wants from capitalism ... time now for that to go away and let the elites control the markets and the masses.

[yoe]

Perhaps Mr.Grantham, is on the right track, we can be much more careful how we treat all things earth, That said, is Mr. Grantham suggesting government is the answer? Capitalism is the hallmark of freedom and liberty. I think Mr. Grantham is not thinking clearly.

[Fightin Whitey]

He’s a pretty remarkable investment expert actually.

Conservatives don't talk in termsof "we" are destroying this, "we" are ruining that.

If this guy has been cutting corners or regrets some messes he has left behind, then he ought to come clean and pay the price.

At the very damned least he should decide if he is an invester or a weatherman.

Makes me see red when some dirtbag tells me what "we" have been doing and how I ought to feel guilty about it.

[EdnaMode]

We’re all gonna die!!!! (someday)

[Buckeye McFrog]

He may actually have a point in that people running corporations almost never think beyond the next quarter.
That can have many bad effects, and not just on the environment.

[Professional]

CNBC, a 90% track record of being wrong at everything!

One of the best worst track records ever!

[yoe]

"Another jackass adding his name to a long list of imbeciles."

Dare I add another name to that long list of imbeciles?

"Alan Greenspan on trade: The notion that foreigners are ripping us off is 'nonsense'

"Methinks Greenspan doth protest too much" Perhaps he has made his $20Mil on unfair trace practices........

[Vaduz]

We deforest the land BS alert lumber companies plant millions of trees they know supplies will run out we have more trees now then the country was founded.
He sounds like we need to back to the caves and scrounge around for food must be a liberal.

[CptnObvious]

The US is doing better on the Environment the any of the other comparable nations because of innovations.

[Jack Hammer]

Quick show of hands: more successful nation, US or former USSR?

I thought so.

[BBell]

Well depopulation seems to be working well in Venezuela.

[nuke_road_warrior]

So a rich capitalist decries capitalism. I'll believe it when he gives all his money to the poor and moves into a commune that uses no technology more modern than pre-Columbian America. Using buffalo chips for heat and cooking is so much fun, be sure to use the dried ones.