LWe must address the central dilemma: Bill Gates is a politics denier. Though he came to it late, he now recognizes environmental science. But he lives in flat, embarrassing denial about political realities. His new piece on climate, published last week, discusses the topic as though politics didn't matter. He pens words that disregard governmental authority, and as if extreme wealth didn't exist.
His primary argument suggests that funds are very limited, so the representatives at the environmental conference in Brazil should redirect resources from "short-term pollution targets" towards climate resilience and investing in poverty reduction and healthcare.
Admittedly, resources for positive initiatives are insufficient, but that's not because of some natural law, an unavoidable reality of communities. It's because oligarchic power has waged war on benign state spending, leading to the destruction of USAID and drastic cuts to the aid budgets of various states. Austerity is a political choice. The decision to impose it is driven by governments bowing to the wishes of billionaire class.
There are truckloads of money available. Just after Gates published his new missive, data indicated that the combined assets of America's wealthiest ten individuals expanded by hundreds of billions over the last year. These funds independently, the increment in the wealth of 10 people, is approximately ten times the annual amount required to end extreme poverty worldwide. What methods enabled such concentration of the world's money into their pockets? Why can't society reclaim it through appropriate revenue collection? The solution lies in their conversion of economic power into political power. As their wealth increases, the stronger their capacity to shape the state and economic system to their will, securing ongoing financial growth. But the billionaire mentions nothing in his essay about how and where extra money for both environmental measures and economic assistance could be found.
'His essay reads like nothing so much as a peace offering to Donald Trump.' The billionaire alongside Trump at an exclusive meal for industry figures in Washington.
An obvious relationship appears between the deprivation Gates says concerns him and the fortunes he ignores. In the US, housing insecurity is achieving unprecedented levels, and so is the share of assets owned by the top 0.1%. While this might not be Gates's own business model, by suppressing salaries, increasing housing costs, undermining worker collectives and achieving lower taxes and diminished public funding, the ultra-rich thrive on impoverishing other people.
A significant investigation in academic political journals, one of the rare examinations of this private sphere, found that extremely wealthy individuals hold vastly distinct political perspectives from the great majority. The wealthy respondents in the study, completely unlike ordinary citizens, considered fiscal shortfalls as critical of the issues it listed, and climate breakdown as the least. They were far more likely to insist that public retirement benefits and government medical care should be reduced, and much less inclined to think that unemployed people merit reasonable生活质量, or that there should be increased oversight of energy firms, financial institutions and insurance providers. They were strongly against wealth redistribution.
What opinions win out? The tiny minority or the great majority? Although the research occurred during the Obama administration, it found that billionaires maintained closer relationships with government figures than average citizens. And now? I scarcely think I need to spell it out.
That's another telling absence in Bill Gates's essay: throughout thousands of words, Trump goes unmentioned. If Gates included this, he'd have to recognize that an important foundation of his argument is unstable: decreasing expenses for eco-friendly innovations automatically creates ecological advancement. Certainly, it's positive that clean technology prices are falling dramatically than conventional power. But Trump and similar demagogues are employing every method to hinder the change.
In part due to these factors, fossil fuels remain highly lucrative. This might explain, notwithstanding Gates' assertion about eliminating petroleum company stocks in 2019, its fossil fuel stock and bond holdings have, actually grown.
Regarding Gates, confronting extreme wealth power could appear inconceivable. It's not merely incompatible with his outlook. I mean that, judging by his remarkable silences on the issue, he could genuinely find it impossible to consider. Perhaps this is a symptom of "billionaire brain": a fundamental failure to comprehend alternative viewpoints. Although extremely wealthy individuals are difficult to research, inferring from investigations about money's effect on mental processes could suggest that gaining massive wealth resembles experiencing brain trauma. Riches appear to disrupt specific mental processes, especially those involving compassion and viewpoint.
Yet, political maneuvering could be present: his writing appears primarily as reconciliation with the former president. Trump certainly took it that way: "Our victory over climate misinformation is complete." Gates has confessed his total mistake. It took courage to do so, and for that we are all grateful. MAGA!!!"
Gates has historically been mistaken on this topic, although not for Trump's stated reasons. He has consistently lagged behind the curve, repeating traditional energy arguments (renewable energy could lower carbon output only with massive expenses) long after they've been discredited. He has propagated misunderstanding and inaccuracies, like the baseless statement in his latest article that the objective of Sri Lanka's catastrophic restriction on artificial fertilizers aimed at pollution decrease.
The billionaire titles his piece Three Difficult Climate Realities. So here's another tough truth he studiously ignores. If, as now seems likely, crucial Earth systems cross tipping points and quickly deteriorate, the effects on human life, ignoring the persistence of additional organisms (an issue he regularly neglects), would eliminate the gradual advancement he predicts. Since ecological transformation probably won't occur slowly and predictably, but through sudden changes of state, the conceivable consequences for people's quality of life are nearly impossible to anticipate. His argument that we should align all funding to current "data-based analysis" of improvements in human welfare, while it might sound rational, introduces in the face of systemic change a profound irrationality, {prompting us to ignore the greatest
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