Give me money for my new project and I will save the world

Using a few more electric cars, cutting air miles by a small amount a year and recycling the office waste is not the change we need now. Nothing less than a fundamental change to the whole business model of society is required. Tackling global heating has to be at the heart of that, and much of what UK business does increases the risk of catastrophe, rather than prevents it.

In that case a change in the purpose of all companies, imposed by law so that adaptation to the constraints of the climate crisis is their number one objective rather than profit, matched by the introduction of sustainable cost accounting so that we can appraise who is likely to be able to succeed at that process of adaptation and who will not, and aware capital appropriately as a consequence, is what is essential now if the economy, the country, we and the planet are all to have any chance of survival.

Ritchie’s current funding runs out in September. Expect – if you can even believe this is possible – a certain increasing shrillness in the call for new funding for the new project as the date approaches.

19 comments on “Give me money for my new project and I will save the world

  1. I would hazard he’s in some financial difficulties anyway. Ely is not the cheapest location. His spat with Mcdonnell has burned bridges with the Corbynites and clearly based on his appearances as a lecturer which are viewable on Youtube he has limited appeal even to the fast diminishing ranks of the Non- productive public sector and the ranks of worthless research higher education institutions (most of whom back Corbyn anyway)

    Historically he has always found something but with greater scrutiny over people’s activities on social media, a general trend towards ageism and him not being able to field any cards in the diversity stakes he could join the ranks of 50 somethings consigned to the scrapheap. It would be a fitting end for a man who has so freely scavenged ideas from the dustbin of history then passed them off as original thought

  2. He’s 60 something already. 61.

    Most accountants are looking at retirement or semi-retirement by 60, perhaps a few consulting gigs just to keep their hand in. Anyone senior is generally being edged out to make room below.

    Anyone working past this is usually an owner/partner of their own practice, which is to say they own a big chunk of it, or people who have never achieved seniority and simply can’t afford to retire

    Although doss-houses no linger exist, it would be fitting if Murphy could end up in one, reduced to telling deadbeat drunks how important he was.

  3. Perhaps this bloke has heard of due diligence? That the climate religion needs to prove to some level of certainty what is going to happen with the climate.

    Do you have a concept of due diligence in the financial/accounting world. I’m sure you do.

  4. Nothing less than a fundamental change to the whole business model of society is required.

    In that case a change in the purpose of all companies, imposed by law

    Remember, he’s a Liberal.

  5. Potentially a perfect storm for Murphy at the end of Sept when his funding runs out and we leave the EU – effectively cutting off future funding from them.

    What’s an irascible impecunious old gammon to do?

    More (paid) sniping for the SNP?

    Back to, or into the EU via, Eire?

    A third affluent spouse?

  6. @rhoda
    according to Murphy all existing systems are broken and all the auditors are negligent to some degree for using the existing standards so concepts like due diligence and going concern don’t count as no one is following them the way he says they should
    His grasp of management accounting isn’t great based on previous conversations

  7. So a change in how business does things PLUS a change in accounting.
    Not sure how the latter makes any difference to the religion of global warming.

  8. @Bravefart

    He has an Irish passport so the EU might be able to fund him post Brexit. I fear he is enough of a useful idiot for them to do so.

  9. @Sam Jones. Not really either/or. The 2 aren’t mutually exclusive and in this case, almost certainly complementary.

  10. Nothing less than a fundamental change to the whole business model of society is required.

    Any time any person declares that any social problem requires a “fundamental change”, you can rest assured that that person making the declaration is on the mooch.

    So it is with Richard Murphy.

    It’s rather sad watching a middle-aged man having to beg for handouts because he is too incompetent to make a living at his chosen career and too stupid to find a position more in keeping with his skill set.

  11. A 61 year old accountant who has enjoyed a comfortable professional income (probably between £50-100k in today’s terms) for 35 years should be able to retire very easily. I’m not sure if the current hustling for grants reveals appalling financial mismanagement or pure egotism.

    That crossed my mind as well, as my wife (at 60) and I (at 62) have a net worth of about $2.8 million (US). Neither of us have been particularly high earners, nor have I displayed much more than middling acumen in investing over the years. Why Murphy is in the position he is in is a mystery, given his obvious expertise in managing the lives and finances of hundreds of governments and billions of individuals.

  12. He’s been divorced at least once, tends to have an impact on the finances and retirement plans

  13. If he retired then the world would not benefit from his wisdom. So he cannot retire even if he can afford it. The world, to him, would be a far worse place to live without his guidance and genius offsetting the neoliberal trolls who infest it.

    We may think that when he retires the world will breathe a sigh of relief and productivity in Britain increase…

  14. My neighbor, an MD, runs a pain clinic.

    I wonder how he’s going to focus on climate crisis.

    Not really. Should this happen, he’ll close up shop.

    ‘imposed by law so that adaptation to the constraints of the climate crisis is their number one objective rather than profit’

    It is difficult to comprehend someone so ignorant of business.

  15. @dtp agreed- this is a man who wants to tell the world how to plan for the future but can’t arrange his own retirement.

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