I Wish We Could Dismiss Bill Gates on the Environmental Emergency. But He's a Billionaire, So We Must Listen.
LWe must start with the core issue: The Microsoft founder denies political realities. While he was slow to accept it, he now recognizes environmental science. But he lives in flat, embarrassing denial about the realities of power. His new piece on climate, released recently, approaches climate change without political context. He writes as if there were no such thing as political power, and as if extreme wealth didn't exist.
Primary Argument
His key position states that financial resources are scarce, so the participants in the upcoming climate meeting in Brazil should shift funding from "near-term emissions goals" towards climate "adaptation" and investing in poverty reduction and healthcare.
Admittedly, resources for positive initiatives are insufficient, but this isn't due to universal principles, some implacable truth about human society. It's because oligarchic power has waged war on public welfare investments, leading to the destruction of USAID and substantial decreases in support money of various states. Austerity is a political choice. The selection to enforce it originates with governments bowing to the wishes of billionaire class.
Existing Wealth
Massive amounts of wealth exist. Just after Gates published his new missive, research showed that the total wealth of America's wealthiest ten individuals grew by $698bn during the previous twelve months. These funds independently, the increase in a handful of billionaires' net worth, is almost 10 times the yearly funding needed to eliminate severe poverty worldwide. What methods enabled such concentration of economic resources into private hands? And why can't we get it back through appropriate revenue collection? The solution lies in their conversion of wealth into policy-making authority. The richer they become, the stronger their capacity to shape political and economic frameworks to their desires, ensuring that they become richer still. But the philanthropist discusses nothing in his essay about methods and sources for additional funds for both climate action and poverty relief could be identified.
'His essay reads like nothing so much as a peace offering to Donald Trump.' Bill Gates, right, with the Trumps at a private dinner for industry figures in Washington.
Rich-Poor Dynamic
An obvious relationship appears between the economic hardship Gates professes to address 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%. Although this may not describe Gates' personal approach, by keeping pay low, increasing housing costs, busting trade unions and securing tax reductions and budget decreases, the ultra-rich thrive on impoverishing other people.
Study Results
A significant investigation in political science publications, among limited studies accessing this exclusive domain, found that the ultra-rich have radically different political views from the general population. The rich participants surveyed, in stark contrast to mere earthlings, considered fiscal shortfalls as critical of the issues it listed, and climate breakdown as the least. They were far more likely to insist that social welfare programs and national health services should be decreased, and much less inclined to think that the unemployed should have a "decent standard of living", or that there should be stricter rules for petroleum corporations, banking entities and medical coverage companies. They were vehemently anti-taxation and redistribution.
Political Influence
What opinions win out? The tiny minority or the great majority? Even though the investigation happened under Obama, it found that billionaires maintained closer relationships with government figures than regular individuals. What about currently? The current reality seems obvious.
Omissions and Assumptions
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 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 traditional energy sources. But The former president and comparable figures are doing everything they can to impede the transition.
To some degree because of this, oil and gas continue generating substantial profits. This might explain, notwithstanding Gates' assertion about eliminating petroleum company stocks in 2019, its fossil fuel stock and bond holdings have, in fact, increased.
Mental Aspects
For Gates, challenging billionaire influence might seem impossible. I don't mean only that it clashes with his worldview. Based on his notable omissions regarding this topic, he could genuinely find it impossible to consider. Perhaps this is a symptom of "billionaire brain": a fundamental failure to comprehend alternative viewpoints. While the ultra-rich are notoriously hard to study, extrapolating from research into how gaining wealth and status affects cognition could suggest that gaining massive wealth resembles experiencing brain trauma. Fortunes seem to disturb particular brain operations, especially those involving compassion and viewpoint.
Political Calculations
However, strategic thinking might also be involved: his article seems designed as appeasement toward Trump. The former president clearly interpreted it this way: "Our victory over climate misinformation is complete." Gates has confessed his total mistake. This demonstrated nerve, and we're thankful. MAGA!!!"
Background Information
Gates has always been completely WRONG on this topic, even if not for the explanations Trump provides. He has continually trailed scientific consensus, echoing petroleum industry talking points (clean technology could decrease pollution only through enormous spending) significantly following their debunking. He has propagated misunderstanding and inaccuracies, such as the groundless assertion in his new essay that the intention behind Sri Lanka's failed prohibition on artificial fertilizers aimed at pollution decrease.
More Challenging Facts
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 rapidly fail, the consequences for people, let alone the survival of other life forms (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 potential effects on human welfare are very difficult to forecast. His argument that we should align all funding to current "data-based analysis" of improvements in human welfare, although it may appear reasonable, creates significant illogic when confronting systemic transformation, {prompting us to ignore the greatest