Re:Monsanto Effort to Defund Cancer Researchers
by rossdavidh on Friday August 23, 2019 @01:05PM
(#20779748)
So, I think there are two entities that are failing in cases like these:
1) the government (regulators, and Congress)
2) the corporate boards
The CEO of, for example, Monsanto, has doubled down on Roundup in so many ways he cannot fail to fight this and keep his job. So I'm not surprised that he is fighting it (and getting Monsanto's many PR resources to fight it). But, the longer term for Monsanto is very negative if they don't change course, because even if they can suppress this in the U.S. they can't in Europe or elsewhere.
So, while the failure of our regulators and/or legislators to respond is certainly part of the problem, the other part is that our corporate boards of directors, whose only remaining job really is to know when to pull the CEO, are not up to the task.
The CEO of, for example, Monsanto, has doubled down on Roundup in so many ways he cannot fail to fight this and keep his job. So I'm not surprised that he is fighting it (and getting Monsanto's many PR resources to fight it). But, the longer term for Monsanto is very negative if they don't change course, because even if they can suppress this in the U.S. they can't in Europe or elsewhere.
So, while the failure of our regulators and/or legislators to respond is certainly part of the problem, the other part is that our corporate boards of directors, whose only remaining job really is to know when to pull the CEO, are not up to the task.