Rathbones Review Summer 2018
The drama that unfolded in drought-ravaged Cape Town during the first months of 2018 focused worldwide attention on one of the biggest challenges facing humanity today: water scarcity.
Three years ago, at the World Economic Forum in Davos, this issue was identified as the most pressing social and economic threat of the next decade. Now, in light of the scenes witnessed in South Africa’s legislative capital, there is a growing realisation that we all urgently need to rethink how we use our planet’s principal source of life.
As we explain in this edition’s lead article, the situation is by no means hopeless. Scientists and entrepreneurs around the globe are working on new ways of tackling the problem — and investors, too, are playing their part. As we also discuss, however, technology and finance alone are unlikely to suffice: we need to change our behaviour as well.
Much the same might be said in relation to the increasingly devastating pollution caused by discarded plastics. We explore how innovation and novel thinking are being used to combat a worldwide blight that grew out of the once-idealistic concept of a “throwaway society”.
Several other articles touch on the broader notion of progress and transformation — as well as the challenges they bring. We discuss the nuances of innovation adoption, the digital disruption of the banking industry and the art of parenting in an age when youngsters spend so much of their time online.
Elsewhere we cover topics as diverse as university fees, the Royal Academy and corporate stewardship. We also offer two very different looks at the origins and impacts of our day-to-day surroundings — from the therapeutic serenity of the Horatio’s Garden project to the controversial but newly cherished architecture of the brutalist school.
As ever, we hope you enjoy all the articles — and please remember that we appreciate your feedback.