I Wish We Could Ignore Bill Gates on the Environmental Emergency. But His Wealth Matters, So We Can't.
LWe must address the central dilemma: Bill Gates denies political realities. Though he came to it late, he now recognizes environmental science. But he operates in blatant, cringeworthy denial about the realities of power. His latest essay 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.
Central Claim
His key position states that financial resources are scarce, so the participants in the upcoming climate meeting in Brazil should redirect resources from "near-term emissions goals" towards climate "adaptation" and investing in poverty reduction and healthcare.
Certainly, money for worthy projects is limited, but that's not because of some natural law, some implacable truth about human society. The reason is elite influence has declared war on benign state spending, causing the dismantling of aid agencies and severe reductions in assistance funding of various states. Austerity is a political choice. The choice to implement it comes from leaders submitting to the preferences of extremely wealthy individuals.
Available Resources
Massive amounts of wealth exist. Just after Gates published his new missive, Oxfam revealed that the net worth of the 10 richest US billionaires increased by nearly $700 billion during the previous twelve months. This amount by itself, the growth in ten individuals' fortunes, is approximately ten times the money needed each year to stop deep deprivation worldwide. How have they managed to channel so much of economic resources into private hands? Why can't society reclaim it through effective taxation? The answer is their translation of wealth into policy-making authority. As their wealth increases, the greater their ability to influence political and economic frameworks to their preferences, securing ongoing financial growth. But the philanthropist discusses nothing in his essay about methods and sources for additional funds for both environmental measures and economic assistance could be located.
'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 business leaders in Washington DC.
Rich-Poor Dynamic
There's a direct link between the deprivation Gates says concerns him and the riches he overlooks. In the US, housing insecurity is achieving unprecedented levels, and so is the share of assets owned by the top 0.1%. Even if this doesn't characterize Gates' specific methods, by holding down wages, increasing housing costs, undermining worker collectives and winning tax and spending cuts, extremely wealthy individuals benefit from others' economic struggles.
Study Results
A significant investigation in political science publications, among limited studies accessing this exclusive domain, found that billionaires maintain completely separate political opinions from the general population. The rich participants surveyed, in stark contrast to mere earthlings, saw budget deficits as the most important of the issues it listed, and environmental collapse as unimportant. They were far more likely to insist that social welfare programs and national health services should be decreased, and significantly less prone to accept 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.
Policy Impact
Which perspectives dominate? The few wealthy or the many citizens? Although the research occurred during the Obama administration, it found that extremely wealthy individuals enjoyed greater political access than average citizens. How about today? The situation hardly requires explanation.
Missing Elements and Presumptions
This represents another significant omission in Gates' writing: throughout thousands of words, Trump goes unmentioned. Should the billionaire address this, he'd have to admit that another key premise is questionable: 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 conventional power. But Trump and similar demagogues are employing every method to hinder the change.
Partly as a result, fossil fuels remain highly lucrative. This might explain, notwithstanding Gates' assertion about eliminating petroleum company stocks in 2019, its oil and gas financial assets have, truly expanded.
Mental Aspects
Regarding Gates, confronting extreme wealth power could appear inconceivable. It's not merely incompatible with his outlook. Considering his significant avoidance of this subject, he might be literally incapable of thinking about it. Possibly this represents "extreme wealth mentality": a profound incapacity to see the world from other people's point of view. Although extremely wealthy individuals are difficult to research, drawing conclusions from studies about wealth's impact on thinking could suggest that gaining massive wealth resembles experiencing brain trauma. Wealth seems to scramble certain cognitive functions, especially those involving compassion and viewpoint.
Tactical Elements
Yet, political maneuvering could be present: his writing appears primarily as reconciliation with the former president. The former president clearly interpreted it this way: "I (WE!) just won the War on the Climate Change Hoax. Bill Gates has finally admitted that he was completely WRONG on the issue. It took courage to do so, and for that we are all grateful. MAGA!!!"
Historical Context
Gates has historically been mistaken on climate matters, even if not for the explanations Trump provides. He has consistently lagged behind the curve, repeating traditional energy arguments (renewable energy could lower carbon output only with massive expenses) well after their refutation. He has disseminated uncertainty and false information, like the baseless statement in his latest article that the intention behind Sri Lanka's failed prohibition on chemical fertilizers involved emission reduction.
Further Difficult Realities
Gates calls his essay Three Tough Truths About Climate. Therefore, here's another challenging fact he deliberately overlooks. If, as currently expected, essential environmental mechanisms pass turning points and quickly deteriorate, the consequences for people, ignoring the persistence of additional organisms (a topic he fails, as usual, to mention), would destroy the smooth and steady progress he foresees. Since ecological transformation probably won't occur slowly and predictably, but via abrupt transitions, 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, although it may appear reasonable, creates significant illogic when confronting systemic transformation, {prompting us to ignore the greatest