I Wish We Could Ignore the Tech Mogul on the Climate Crisis. But His Wealth Matters, So We Must Listen.
Let's begin with the fundamental problem: The Microsoft founder denies political realities. Though he came to it late, he now recognizes environmental science. But he exists in stark, awkward denial about the realities of power. His new piece on climate, shared days ago, treats the issue as if it existed in a political vacuum. He pens words that disregard governmental authority, and no such thing as billionaires.
Central Claim
His primary argument suggests that financial resources are scarce, so the delegates at this month's climate summit in Brazil should shift funding from "immediate carbon reduction objectives" towards climate "adaptation" and allocating funds for economic hardship and illness.
Admittedly, resources for positive initiatives are insufficient, but it's not caused by inevitable rules, some implacable truth about human society. It's because oligarchic power has waged war on benign state spending, causing the dismantling of aid agencies and severe reductions in assistance funding of other countries. Austerity is a political choice. The decision to impose it is driven by leaders submitting to the preferences of billionaire class.
Available Resources
Substantial financial resources are present. Soon after the billionaire released his essay, research showed that the total wealth of the 10 richest US billionaires grew by $698bn in the past year. This amount by itself, the increase in a handful of billionaires' net worth, is approximately ten times the annual amount required to end extreme poverty worldwide. Through what means did they accumulate of economic resources into private hands? Why can't society reclaim it through appropriate revenue collection? The answer is their translation of financial influence into governmental control. The richer they become, 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 writing appears primarily as reconciliation with Donald Trump.' Bill Gates, right, with the Trumps at a private dinner for industry figures in Washington.
The Poverty-Wealth Connection
A clear connection exists between the deprivation Gates says concerns him and the fortunes he ignores. In the US, homelessness is breaking records, and so is the percentage of resources held by the ultra-rich. While this might not be Gates's own business model, by keeping pay low, increasing housing costs, weakening labor organizations and winning tax and spending cuts, the ultra-rich thrive on impoverishing other people.
Research Findings
A significant investigation in academic political journals, one of the rare examinations of this private sphere, found that the ultra-rich have radically different political views from most people. The rich participants surveyed, sharply different from average people, viewed government debt as paramount of the issues it listed, and environmental collapse as unimportant. They were significantly more prone to argue that social welfare programs and national health services should be decreased, and significantly less prone to accept 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 vehemently anti-taxation and redistribution.
Governmental Access
Which perspectives dominate? The few wealthy or the many citizens? Even though the investigation happened under Obama, it found that billionaires maintained closer relationships with government figures than ordinary people. And now? The situation hardly requires explanation.
Missing Elements and Presumptions
Here's another crucial exclusion from the billionaire's article: at no point in its 5,000 words does it mention Donald Trump. Were Gates to do so, he'd have to acknowledge that the second of his major assumptions is shaky: lower prices for sustainable technology inevitably produces environmental improvement. Of course it helps that wind, solar and other green technologies are becoming radically cheaper than fossil fuels. But The former president and comparable figures are taking all possible actions to block the shift.
Partly as a result, traditional energy sources stay very profitable. This could be why, even though Gates states his organization sold all direct fossil fuel investments in 2019, its oil and gas financial assets have, truly expanded.
Mental Aspects
For Gates, challenging billionaire influence might seem impossible. It's not merely incompatible with his outlook. I mean that, judging by his remarkable silences on the issue, he may actually be unable to conceptualize it. Possibly this represents "extreme wealth mentality": a deep inability to understand others' perspectives. Even though billionaires present research challenges, drawing conclusions from studies about wealth's impact on thinking could suggest that obtaining enormous fortunes compares to cognitive damage. Fortunes seem to disturb particular brain operations, notably those concerning understanding and outlook.
Strategic Considerations
But perhaps there's also calculation here: his writing appears primarily as reconciliation with the former president. Trump definitely understood it as such: "Our victory over climate misinformation is complete." The billionaire has acknowledged his complete error. This demonstrated nerve, and we're thankful. MAGA!!!"
Historical Context
Gates has always been completely WRONG on this topic, though not for the reasons Trump imagines. He has consistently lagged behind the curve, echoing petroleum industry talking points (green technologies could reduce global CO2 emissions only at a "beyond astronomical" cost) well after their refutation. He has spread confusion and misinformation, including the unsupported claim in his recent writing that the objective of Sri Lanka's catastrophic restriction on synthetic fertilisers was "to cut emissions".
Further Difficult Realities
Gates calls his essay Three Tough Truths About Climate. Thus, here's another difficult reality he carefully avoids. Should, as appears probable, vital planetary systems reach critical thresholds and quickly deteriorate, the impact on humanity, not to mention the existence of other species (an issue he regularly neglects), would destroy the smooth and steady progress he foresees. Given that climate alteration may not happen incrementally and steadily, but through rapid shifts, the possible impacts on human wellbeing are extremely hard to predict. His argument that we should align all funding to current "data-based analysis" of improvements in human welfare, while it might sound rational, creates significant illogic when confronting systemic transformation, {prompting us to ignore the greatest