He leads a company that some would consider the epitome of ruthless global capitalism. But Apple chief executive Tim Cook has shocked some in the US with an impassioned attack on the single-minded pursuit of profit – and a direct appeal to climate-change deniers not to buy shares in his firm.
Eyewitnesses said Cook, who succeeded Steve Jobs as boss of the technology giant in 2011, was visibly angry as he took on a group of right-wing investors during a question-and-answer session at a shareholders’ meeting.
And what were these (presumably) egregious and inappropriate questions levied by the “right-wing investors”?
Responding to calls from the National Centre for Public Policy Research (NCPPR), a conservative think tank and investor, for Apple to refrain from putting money in green energy projects that were not profitable, he shot back that Apple did “a lot of things for reasons besides profit motive”. The chief executive added: “We want to leave the world better than we found it.”
Addressing he NCPPR representative directly, he said: “If you want me to do things only for ROI [return on investment] reasons, you should get out of this stock.”
So some Apple investors were concerned that the company might be throwing good money after bad (but socially chic) investments into green energy, and that is what set off the CEO of one of the world’s largest companies? Really? (more…)
Today the Acton Institute announced the 2014 Novak Award winner. Full release follows:
A rigorous researcher and sound contributor to various academic disciplines and initiatives, Finnish native Oskari Juurikkala has been selected as the recipient of the 2014 Novak Award by the Acton Institute in recognition of his early promise as a scholar.
Educated in both law (London School of Economics) and economics (Helsinki School of Economics), he earned a joint Ph.D. in law and economics from the University of Eastern Finland in 2012.
Before starting his doctoral thesis, Juurikkala was a researcher at the Institute of Economic Affairs in London. He has also worked as economic policy advisor as well as researcher at the Institute of International Economic Law at the University of Helsinki. Much of his time has been spent teaching various university-level courses, including law and economics, intermediate microeconomics, business ethics, and the economics and politics of European integration.
Juurikkala has published on a range of topics including regulation of financial derivatives, venture capital, philosophy of economics, the history of economic thought, and natural law jurisprudence. He has also written a monograph on pension reform, entitled Pensions, Population, and Prosperity (Acton Institute, 2007). He is currently pursuing post-graduate studies in dogmatic theology at the Pontifical University of the Holy Cross in Rome. (more…)
The story of Myles Eckert giving a $20 bill to Lt. Col. Frank Dailey is deserving of the massive amount of attention it has received across the nation. Eckert’s powerful deed has been highlighted and shared frequently all over social media.
One of the great qualities I love about many of the old Frank Capra films is how he appealed to the moral conscience of his audience with authenticity and the power of giving. The hero character in Capra films often endured suffering or betrayal and harnessed their inner goodness to tell a powerful moral story about how America should be instead of the vain shallowness and evil that too often infects us. Capra was the master at capturing indictments of evil, greed, and the selfishness in our culture through film. Myles, in Capra like fashion, undoubtedly displays the great quality of the American Spirit and teaches us something in return.
This CBS Evening News report from Steve Hartman explains it all:
Last week, pro-EU protesters in Ukraine took control of Ukraine’s government after President Viktor Yanukovych left Kiev for his support base in the country’s Russian-speaking east. The country’s parliament sought to oust him and form a new government. They named Oleksandr Turchynov, a well-known Baptist pastor and top opposition politician in Ukraine, as acting president.
In the southern part of the country, Crimean Prime Minister Sergey Aksyonov, elected in an emergency session last week, said he asserted sole control over Crimea’s security forces and appealed to Russia “for assistance in guaranteeing peace and calmness” on the peninsula. On Saturday, Russian president Vladimir Putin asked his own parliament for approval to use the country’s military in Ukraine. The request comes after Putin has already sent as many as 6,000 troops into Crimea.
Fear of the unknown hazards of technology has been the inspiration for science fiction cautionary tales from Mary Shelley’s Frankenstein to Japanese superstar Godzilla. Sadly, this fear extends to the harmless – and indeed extremely positive – applications of science in contemporary agriculture, especially when it comes to producing cheap, plentiful food for people on every rung of the economic ladder.
Modern agriculture’s ability to feed the Earth’s population is nothing short of miraculous. Modern science and practices have enabled the farming sector to raise livestock and grow crops capable of offering inexpensive nutrition to the majority of the world’s billions. One group whom one would think ecstatic at such developments would be the religious shareholder investors at the Interfaith Center for Corporate Responsibility. The ICCR folk, however, turn up their noses at genetically modified organisms that have revolutionized agriculture over the past 20 years, making it possible to grow drought-resilient and pest-resistant crops. (more…)
Would you be surprised to hear that the mainstream media hasn’t been telling you the whole story? Probably not. The failings of the media has been a perennial story since 131 BC when the first newspaper, Acta Diurna, was published in Rome.
But sometimes the media’s biases lead them to make claims that are especially egregious and harmful to the common good. Such is the case on the reporting of an amendment relating to the free exercise of religion in Arizona. Critics of the bill described it as an anti-gay bill and claimed it would be used to deny access to public accommodations for homosexuals. As the Christian Post noted, almost every media organization in the country, including the more conservative Fox News, have taken the side of the critics by describing S.B. 1062 as a “gay discrimination” bill.
Because of this biased (bordering on fraudulent) reporting, the media was able to sway public opinion on the issue, which pressured Gov. Jan Brewer to veto the amendment.
Fortunately, we live in an age when the mainstream media is losing its stranglehold on the public’s attention. Several outlets have explained the true substance of the amendment and exposed the mendacity of the media. If you want to learn the truth, here are a few places to start:
Given Venezuela’s ongoing meltdown and the visible decline in the fortunes of Argentina’s President Cristina Kirchner, one thing has become clear. Latin America’s latest experiments with left-wing populism have reached their very predictable end-points. There is a price to be paid for the economics of populism, and no amount of blaming nefarious “neoliberals” can disguise cruel realities such as food-shortages, electricity-blackouts, endemic corruption, the disintegration of rule of law, utterly insecure property-rights, and wild inflation — all of which have helped Argentina, Venezuela, Bolivia, and Ecuador achieve the ignominious distinction of being categorized as “repressed economies” in the 2014 Index of Economic Freedom.
Certainly it’s not clear that Nicolás Maduro’s regime in Venezuela will lose power. As the Wall Street Journal’s Mary Anastasia O’Grady has underscored, the Castros who run the prison camp otherwise known as Cuba will do whatever-it-takes to try and prevent that. Nor is it certain that Argentines won’t vote for yet another Perónist who promises to solve everyone’s problems via government decree when presidential elections come due in 2015.
But if crises are indeed opportunities, now is the time for those Latin Americans who recognize populism’s flaws to think seriously about what comes next. One mistake would be to imagine that all that’s required are different economic policies. (more…)
In an interview with Eater, celebrity chef Alton Brown was asked how his faith and religion play into his professional life. Brown is a “born-again Christian,” though he finds the term overly redundant.
His answer is rather edifying, offering a good example of the type of attitude and orientation we as Christians are called to assume:
As far as other decisions, my wife runs the company. We try not to make any big decisions about the direction of this company or my career without praying about it. We try to listen to what God says to us pretty hard and we say no to a lot of things because of that. We’re not rich and that’s because if we don’t get a clear feeling for what we ought to be doing, we don’t do it. We turn down endorsements. We say no to things. You know, none of this is mine. For some reason I am being trusted with it and I take the stewardship of it really, really seriously.
This nestles quite nicely with the excerpt I recently shared on Christian conscience, which Lester DeKoster and Gerard Berghoef describe as the “watchful monitor” of stewardship. Consider also its resemblance to DeKoster and Berghoef’s approach to Christian stewardship in general:
The believer, because he is a true believer, knows very well that he owes God everything: “For the world is mine, and all that is in it” (Ps. 50:12). God has first claim by right of ownership to everything each of us calls his own. To ask with the psalmist, “How can I repay the Lord for all his goodness to me?” (116:12) can only be completely answered by the acknowledgment: “All, Lord, is thine!”…
…God makes man the master of his temporal household. Like all stewards, man is not the owner. He is the overseer. For three score years and ten, more or less as the case may be, each of us is steward over those talents and those pounds allotted us by divine providence…As each has managed his stewardship, so will he be judged: “Well done, my good servant!” or, “But those enemies of mine who did not want me to be king over them—bring them here and kill them in front of me” (Luke 19:17, 27). The quality of stewardship depends on obedience to the Master’s will. The steward who does not obey the Master’s law rejects the Master’s authority and serves another. Our stewardship is the test: Do we mean to serve God or mammon, the Lord or the Devil?
In Faithful in All God’s House, Lester DeKoster and Gerard Berghoef define stewardship as ‘willed acts of service that, not only make and sustain the fabric of civilization and culture, but also develop the soul.’ The authors contend that ‘while the object of work is destined to perish, the soul formed by daily decision to do work carries over into eternity.’ As we allow God to use us to change the world, he is quietly but continually conforming us to his likeness.
On Monday, I linked a podcast that Ancient Faith Radio host Kevin Allen did with Metropolitan Antony, primate of the Ukrainian Orthodox Church in the United States, about the ongoing crisis in the Ukraine. Allen has followed up with another interview, this one with Ukraine expert James Jatras, a former U.S. diplomat, U.S. Senate staffer and a member of the American Institute of Ukraine. Jatras talks about a number of issues, including the legal basis — or lack thereof — of the current government in power, deep seated government corruption on all sides, the prospect for elections, Church-State relations, and insights into Ukraine’s trade relations with both the West and Russia. The current situation, he warns, is fraught with risks on all sides.
“Will they be able to hold elections?” he asks. “Will violence break out in other parts of the country? Let’s hope not. I think ultimately a lot of this may be decided by the economy … Whom do you even send the aid to in Ukraine? I don’t think there will be much aid coming to Ukriane from the West. At some point they’re going to turn back toward Russia.”
Jatras continued: “I think somehow, the Europeans especially, and the Russians need to work out some understanding between themselves and … see if they can help promote reconciliation among Ukrainians. And that’s going to be a very tall order.”