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  1. Better Brands
  2. Better Business
  3. Business
  4. Profit
Busy? Try the speed read.

The scoop: Hershey is accused of avoiding to pay premiums on cocoa deals that would help alleviate farmer poverty.

Hershey versus West Africa: Hershey denies the allegations. The lvory Coast and Ghana, who make up 2/3 of the world's cocoa production, are preventing Hershey from using sustainability schemes in West Africa.

These schemes allow brands to market their product (in this case chocolate) as fair-trade, ethical, etc.

A broader point about corporate sustainability: Hershey's (alleged) loophole attempt is all too common in the age of crony capitalism.

Corporate sustainability seeks long-term profits by aligning business models with healthier environments and more prosperous economies. Working around basic premiums that keep hard-working cocoa farmers out of deep poverty is not a sustainable business model.

Bottom line: West African cocoa regulators are sticking to their guns on this issue. I don't think they're bluffing. Recommendation: avoid Hershey products until they provide a more transparent response.

List of popular Hershey products to avoid this holiday season:

  1. Hershey's (duh)
  2. Butterfingers
  3. Reese's
  4. Pay Day
  5. Jolly Rancher
  6. Twizzler's
  7. York Peppermint
  8. Breath Savers
  9. Ice Breakers
  10. Heath Bar
  11. Rolo
  12. The Whatchamacallit Bar
  13. Take 5
  14. Milk Duds
  15. Mr. Goodbar
  16. Almond Joy
  17. Whoppers
  18. Kit Kat
  19. Good & Plenty
  20. Pirate's Booty
  21. SkinnyPop
  22. Krave Jerky

Dig deeper → 1 min

  1. Big Tech
  2. Profit
  3. Tech
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The scoop: Just like coronavirus, digital media has reached its third wave. Millions of mostly conservative users are flocking to alternative media outlets like Parler and Rumble. Is it a trend or something more?

Some talking points for turkey dinner:

  1. Access to the internet, specifically social media, is closer to public utility than privilege.
  2. Tech media giants have evolved from startups to multinational corporations. They have matured well beyond the Silicon Valley VC golden child status-hood.
  3. Decentralized, federated social networks seem like the natural next phase for post-modern media. Will it be this year, this decade, or never?

What's next? We'll have to wait and see if major platforms like Twitter and Facebook actually see a decline in users. Right now, they seem too big to fail. Parler was the most downloaded app for most of this month. Time will tell if that's more than just a passing trend.

Dig deeper → 2 min.

  1. Business
  2. Good Reads
  3. Profit

Curious about running a sustainable small business? Once a fringe business strategy, sustainability has become a prerequisite for any new business hoping to succeed in the long-term. Whether you own a pizza shop, landscaping company, real-estate firm or just starting out, prioritizing sustainability is an easy and effective way to distinguish your small business and ensure long-term stability.

This guide will help you adapt, react and plan for the wave of industry trends that prioritize social impact in a post-pandemic world.

  1. Cities and Communities
  2. Federal
  3. People
  4. Politics and Policy
  5. Thinking
Busy? Try the speed read.

The scoop: The World Bank projects extreme poverty to rise for the first time since the 1990s, while 270 million people are at risk of starvation (2x higher than 2019).

Lockdowns and inequality: 20+ million Americans are still unemployed. 160,000 US business have closed. Despite that, Amazon, Wal-Mart and Costco (for example) are posting record high online sales.

What can we do? Go beyond SBA loans and stimulus checks. We should like, actually be doing everything we can to keep small business owners afloat.

Local coffee shops > Starbucks, Thrift > Marshall's, Art galleries for Home Decor > Amazon.

Bottom line: We can clean up this institutional mess by creating a new structure around congressional term limits, monopoly break-ups, whistleblower support, and free speech... or we can allow the same actors to weave the world we've grown to love and hate.

Dig deeper → 3 min

  1. Federal
  2. People
  3. Politics and Policy
  4. Thinking
Busy? Try the speed read.

What to know: For the first three US presidential elections, the runner-up became VP. The 12th amendment rewrote the rules in 1804 so that candidates ran with a running mate. Electors are required to submit one electoral vote for a candidate, and one electoral vote for a candidate's running mate.

Picture this: A climate-focused Gore sitting in during the Bush years, or a foreign-savvy Clinton sitting at the table during the Trump circus. What could Trump do to help Biden's economic recovery bid?

One more point: Imagine if a climate-focused Gore was sitting in during the Bush years, or a foreign-savvy Clinton was sitting at the table during the Trump circus. What could Trump do to help Biden during his economic recovery bid?

Bottom line: We all know the American republic is under scrutiny. Our divisive two-party system, though highly profitable for Big tech and media, is at its breaking point. In a close race, allowing a runner-up candidate to serve as veep could help quell the American political fire.

Dig deeper 🠒 2 min

  1. Federal
  2. People
  3. Politics and Policy
Busy? Try the speed read.

The scoop: Biden vowed to sign the Paris agreement in his first day in office. As an environmentalist, I think it's all hype no action.

Why Paris no bien:

  1. It's a pledge, not a policy. There's no binding enforcement mechanism. So a country like Russia or Mexico can agree to it, but it doesn't hold them accountable.
  2. It lets China off the hook. China, the #1 carbon emitter in the world, can hide behind the US if we re-join it. If the US led the world on climate policy without Paris, it would expose China's energy reality (they are slated to make up nearly half of global coal demand in 2024).

Bottom line: We get it, Trump sucks and he left the Paris agreement so the Paris agreement must be amazing. Well, the Paris agreement is ultimately not that significant in terms of climate action. Policy reform > pretty pictures

Dig deeper → 2 min

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