Nature wastes nothing. Energy cannot be created or destroyed, but only transferred or changed into one form or another, such as turning energy into matter or releasing energy from matter. This is recycling in the purest sense. Fortunately, there was a lion among Americans in the latter 19th century who applied nature’s recycling to free enterprise.
October’s HERO of the Environment is John Pierpont Morgan.
|J. P. Morgan|
One of Morgan’s finest contributions was known as “Morganization” – the process of taking over troubled businesses, re-organizing them, and returning them to servicing customers. This proved to be an environmentally efficient process which prevented business carrion from polluting free-enterprise. It continues to this day.