The Economist 29Feb2020

(Chris Devlin) #1

12 The EconomistFebruary 29th 2020


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Letters


Purpose-driven business
Last year you asked, “What are
companies for?” (August 24th
2019) and concluded that they
should stick to business-as-
usual in the form of share-
holder primacy. This month
you repeated this message,
telling chief executives to
“forget trying to run the world”
and focus on serving the long-
term interests of their business
owners (“Meet the new boss”,
February 8th). Your consisten-
cy is laudable. However, this
position ignores the adverse
impact of market failures and
the shareholder-first model
that has contributed so much
to our social and environ-
mental crises, not least the
existential threat of climate
change.
Fortunately a growing
number of companies out
there recognise that this
threatens the viability and
legitimacy of business. They
know that their purpose needs
to include creating the long-
term social and environmental
capital that underpins their
shareholder returns, and that
this is in their own immediate
interests in attracting and
motivating talent, driving
innovation, building trust and
increasing performance.
This is a crucial year in
which world leaders will ex-
plore a new deal for nature at
the Convention on Biodiversity
in China, and seek agreement
on reaching net zero carbon
emissions by 2050. Unless
business plays a key role in
tackling the world’s greatest
challenges, it will certainly
discover the true meaning of
“disruption” on a global scale.
dame polly courtice
Director
Institute for Sustainability
Leadership
University of Cambridge

You suggest that today’s bosses
must “be physically fit to with-
stand the brutal workload”
(“Take me to a leader”, February
8th). This is a modern preju-
dice. Is there any evidence that
fitter bosses are higher per-
forming? Sergio Marchionne
and Herb Kelleher were chain-
smokers who transformed

theirindustries(carsand
airlines).BillGatespossibly
skipscross-fit.AndWarren
Buffettproudlyclaimstoeat
“likea six-year-old”.Beingfitis
goodinitself,butthereisno
concreteconclusionthatceos
absolutelyneedtobehighly
athletic.Goodlooksaresurely
a powerfulhaloeffect,butlet’s
notbarbread-eatersfromthe
corporatesuitejustyet.
conalcampbell
Celbridge,Ireland

Genderpreferences
TheFreeexchangeonsocial
normswasmuddled(February
8th).Apparentlygenderearn-
ingsdisparitiespersistbut
(andthisseemstodisturbyou)
theymaypartlyreflectdiffer-
entpreferencesbymenand
women.Butlook,thecolumn
says,preferencestoocanbe
changed;theyare“socially
determined”.
Whyshouldpolicymakers,
nevermindeconomists,want
tochangethesepreferences?
What,exactly,iswrongwith
womentendingtopreferchil-
drenandhomeandmenpre-
ferringworkandcareer?Econ-
omistslauddivisionoflabour
inotherbusinesses,whynotin
thefamilyalso?Justwhat
principleliesbehindtheidea
thatmenandwomenshould
haveidenticalpreferences?
professorjohnstaddon
DepartmentofPsychologyand
Neuroscience
DukeUniversity
Durham,NorthCarolina

Free speech in Qatar
Your article on Qatar did not
reflect the reality of freedom of
expression in the country and a
law that has been amended to
prevent the spread of false and
malicious information
(“Tamim the gloriously toler-
ant”, February 15th). Similar
legislation exists in many
democratic countries. In
France a law was introduced in
2018 to tackle the manipulation
of information and its deliber-
ate dissemination. As the
target of sustained state-spon-
sored disinformation cam-
paigns, “deep fakes” and cyber-
attacks, Qatar understands the

dangersofinformation
manipulationbetterthan
anyone.Inlinewiththeun’s
covenantoncivilandpolitical
rights,towhichQatarisfully
committed,thisamendment
waspassedasa protection
againstmajor,co-ordinated
hackinganddisinformation
operationstryingtofracture
theregion.It isnotopento
abuseandwillnotlimitex-
pression,speechorreporting
inoraboutQatar.
Nocountryhasdonemore
thanQatartoimprovemedia
freedomintheregion.The
debateonthisamendment
fromwithinQataritself,in-
cludingfromlocalmediaand
social-mediausers,demon-
stratesthatindividualsand
platformscancriticisea law
withoutconsequence.
thameralthani
Deputydirector
GovernmentCommunications
Office
Doha,Qatar

Rememberinga waratrocity
Therearea lotof75thcom-
memorationeventsmarking
thesecondworldwar.One
incidentlessfamousthan
Dresden(“Theinferno”,Febru-
ary8th)wascommemoratedin
theDutchvillageofPuttenlast
year.InearlyOctober1944, 600
menweresenttoGermanwork
campsinretaliationforthe
killingofa Germanofficerby
theresistance.Fewreturned.I
wasonlyfiveatthetimebutI
stillhavevividmemoriesofthe
episode.Lotsofsimilarstories
canbetoldaboutothervillages
inoccupiedEuropethathave
gonemostlyunreported.A
recentnovel,“TheWeeping
WomanofPutten”byAlyce
Bailey,tellsthetale.
walterschuit
TorrejóndeArdoz,Spain

The EU puts Europeans first
The Economistrepeats a myth
that Brexit was about England
turning in on itself, as if sup-
porting membership of the eu
is a sign of internationalism
(Bagehot, February 1st). The
opposite is true. The eucreated
a system that favours other
Europeans over everyone else.

This is most obviously mani-
fest in freedom of movement,
which allows any eucitizen to
move to any eucountry, while
at the same time erecting
barriers against immigration
from outside the eu. Hard-core
Remainers, convinced of their
own enlightened liberalism,
refuse to acknowledge this
gross injustice. Oddly enough,
supposedly xenophobic and
uneducated Brexiteers have no
difficulty understanding the
unfairness and outdated Euro-
centric nature of eupolicies.
nicolas groffman
Reading, Berkshire

Bagehot described Mark Fran-
cois as the “Captain Mainwar-
ing of the European Research
Group of mps”. Mr Francois is
more like Private Walker in
“Dad’s Army”, the black-marke-
teer in Mainwaring’s platoon.
The propaganda espoused by
Mr Francois and his fellow
Brexiteers included assurances
that leaving “won’t cost you
much”, Walker’s favourite line
when plying his trade.
johan enegren
Stockholm

The picture accompanying the
news on Brexit in The world
this week (February 8th)
showed a number of Brexit
supporters waving Union Flags
that were upside down. As this
is a recognised way of signal-
ling distress, are they perhaps
reflecting the belief of many in
the country that trouble lies
ahead?
charles mortelman
London

Table for one
Regarding Bartleby’s “The
number of the best” (January
25th) I have always understood
that the ideal size of a commit-
tee is an odd number less than
three.
peter wilson
Kenilworth, Warwickshire
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