It Would Be Nice to Dismiss the Tech Mogul on the Environmental Emergency. But His Wealth Matters, So We Can't.
LWe must begin with the fundamental problem: The Microsoft founder denies political realities. While he was slow to accept it, he now accepts the realities of climate science. But he operates in blatant, cringeworthy denial about how politics works. His latest essay on climate, released recently, treats the issue as if it existed in a political vacuum. He pens words that disregard governmental authority, and pretending massive fortunes aren't relevant.
The Main Contention
His main contention is that funds are very limited, so the delegates at this month's climate summit in Brazil should direct money away from "near-term emissions goals" towards climate "adaptation" and investing in poverty reduction and healthcare.
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 public welfare investments, resulting in the elimination of development assistance and drastic cuts to the aid budgets of other countries. Austerity is a political choice. The selection to enforce it originates with governments bowing to the wishes of extremely wealthy individuals.
Current Funds
There are truckloads of money available. Soon after the billionaire released his essay, research showed that the total wealth of America's wealthiest ten individuals expanded by hundreds of billions during the previous twelve months. This amount by itself, the growth in ten individuals' fortunes, is approximately ten times the yearly funding needed to eliminate severe poverty worldwide. How have they managed to channel so much of economic resources into private hands? What prevents redistribution through appropriate revenue collection? The answer is their translation of economic power into political power. The richer they become, the more they can bend the state and economic system to their preferences, guaranteeing continued wealth accumulation. But the philanthropist discusses nothing in his essay about ways and locations for more resources for both climate solutions and hardship alleviation could be identified.
'The article seems designed as appeasement toward Donald Trump.' Bill Gates, right, with the Trumps at a private dinner for industry figures in Washington.
Rich-Poor Dynamic
There's a direct link 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 percentage of resources held by the ultra-rich. While this might not be Gates's own business model, by holding down wages, driving up rental prices, weakening labor organizations and achieving lower taxes and diminished public funding, the ultra-rich thrive on impoverishing other people.
Study Results
A notable research in academic political journals, among limited studies accessing this exclusive domain, found that billionaires maintain completely separate political opinions from most people. The wealthy respondents in the study, sharply different from average people, viewed government debt as paramount of the issues it listed, and ecological crisis as insignificant. They were much more inclined to demand that public retirement benefits and government medical care should be reduced, and significantly less prone to accept that jobless individuals deserve adequate living conditions, or that there should be more regulation of oil companies, banks and health insurers. They were strongly against wealth redistribution.
Governmental Access
So whose views prevail? The small elite or the vast population? Even though the investigation happened under Obama, it found that the very rich had far more access to politicians and officials than regular individuals. How about today? The situation hardly requires explanation.
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 admit that another key premise is questionable: reductions in the cost of new green technologies lead inexorably to environmental progress. Certainly, it's positive that clean technology prices are falling dramatically than traditional energy sources. But Trump and similar demagogues are doing everything they can to impede the transition.
To some degree because of this, oil and gas continue generating substantial profits. This could be why, even though Gates states his organization sold all direct fossil fuel investments in 2019, its investments in traditional energy securities have, actually grown.
Psychological Factors
Regarding Gates, confronting extreme wealth power could appear inconceivable. I don't mean only that it clashes with his worldview. I mean that, judging by his remarkable silences on the issue, he might be literally incapable of thinking about it. Perhaps this is a symptom of "billionaire brain": a deep inability to understand others' perspectives. While the ultra-rich are notoriously hard to study, drawing conclusions from studies about wealth's impact on thinking could suggest that gaining massive wealth resembles experiencing brain trauma. Riches appear to disrupt specific mental processes, particularly those related to empathy and perspective.
Strategic Considerations
Yet, political maneuvering could be present: his writing appears primarily as reconciliation with the former president. Trump certainly took it that way: "I (WE!) just won the War on the Climate Change Hoax. The billionaire has acknowledged his complete error. This demonstrated nerve, and we're thankful. MAGA!!!"
Previous Positions
Gates has historically been mistaken on the issue, though not for the reasons Trump imagines. He has continually trailed scientific consensus, echoing petroleum industry talking points (renewable energy could lower carbon output only with massive expenses) long after they've been discredited. He has disseminated uncertainty and false information, like the baseless statement in his latest article that the objective of Sri Lanka's catastrophic restriction on synthetic fertilisers was "to cut emissions".
Further Difficult Realities
The billionaire titles his piece Three Difficult Climate Realities. Thus, here's another difficult reality he carefully avoids. If, as now seems likely, crucial Earth systems cross tipping points and suddenly collapse, the impact on humanity, ignoring the persistence of additional organisms (a subject he consistently omits), would eliminate the gradual advancement he predicts. Since ecological transformation probably won't occur slowly and predictably, but via abrupt transitions, the conceivable consequences for people's quality of life are nearly impossible to anticipate. His position that all resources should follow existing data-driven assessments of human betterment, while it might sound rational, creates significant illogic when confronting systemic transformation, {prompting us to ignore the greatest