Darwin’s Recessionary Tip: Act Like a Beetle

Darwin’s teachings on evolution, explained in “The Origin of Species,” may offer pointers and solace for those intent on handling global recession. In the Financial Times, Jonathan Guthrie suggests that both companies and species share the drive to survive and expand: “Companies and living organisms share the objective of generating surpluses, either of money or calorific energy. Repeated deficits result in annihilation.” The ability to adapt and innovation allow some species to gain dominance within their respective habitats, extinction is an integral part of the evolution and attempts at intervention can upset the natural balance. Guthrie concludes by quoting Darwin: “It is not the strongest species that survive, or the most intelligent, but the ones who are most responsive to change.” – YaleGlobal