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Well you know it is important when Al Gore is in the house:
“Al Gore says there’s a “powerful voice” speaking out about climate change: Mother Nature.
Gore, citing “striking” examples of extreme climate-related conditions, said while scientists have long agreed climate change is real, the real environmental challenges facing people will drive change.”
What you don’t see is the changes being made to our global system of economics and trade that will actually do something to move the planet away from the lovely CO2 oven outcome that we’re building for ourselves. One of the key aspects of the problems surrounding controlling global warm is the compartmentalization of the climate talks and the trade talks.
“Not that there was any question about which side would win should any of the competing pledges to cut emissions and knock down commercial barriers ever come into direct conflict: the commitments made in the climate negotiations all effectively functioned on the honour system, with a weak and unthreatening mechanism to penalize countries that failed to keep their promises. The commitments made under trade agreements, however, were enforced by a dispute settlement system with real teeth, and failure to comply wold land governments in trade court, often facing harsh penalties.
In fact, the hierarchy was so clear that the climate negotiators formally declared their subservience to the trading system from the start. When the U.N. climate agreement was signed at the Rio Earth Summit in 1992, it made clear that “measures taken to combat climate change, including unilateral ones, should not constitute… a disguised restriction on international trade.” (Similar language appears in the Kyoto Protocol.)”
-Naomi Klein. This Changes Everything p. 76 – 77.
So even back in the day we were being screwed over by capitalism (shocked). The notion that we can’t restrict trade in order to preserve our biosphere has underwritten almost every climate agreement the world has put forward. And that is the problem – moving goods all over the globe is carbon intensive and for the necessary work to start in tackling climate change the fundamental economic principles of neo-liberal capitalism and trade need to be rewritten.
So until you see a climate conference that includes the WTO, IMF, and World Bank be prepared for nothing more than important words and no real change in the system.
I’m starting to like CounterPunch more and more. Go read the full article at their site as it is insightful and though provoking.
[…]
“As part of the national mythology many Americans, and likely nearly all liberals and progressives, accept the premise that policies designed to boost the fortunes of the already wealthy might be misdirected, but not outright destructive to their interests. After four years of unwavering support for America’s plutocrats and malignant acts toward their economic victims in every actual administration policy—witness his continuing call to cut social insurance programs while 20 million people remain un and under-employed as corporate profits and financial markets soar, Mr. Obama’s faithful retain the belief he is working in ‘their’ interest. In contrast, Mr. Chavez faced a ruling elite in Venezuela with a long history of taking all of the social resources they could get away with taking and there was never the pretense that allowing oligarchs (and / or the U.S.) to put social wealth in their own pockets benefited ‘everyone.’ Put another way, Mr. Chavez effectively articulated this point to those to whom it wasn’t already clear.
Venezuela’s oil wealth may have made this point more clearly visible, but no more true than it is in the U.S. today. Nature didn’t give Barack Obama the ‘right’ to murder U.S. citizens (or anyone else) without trial or evidence—a policy conspicuously against the interests of all who lack the social power to resist it. This point is likely well understood by those who have historically been on the receiving end of coercive (captive) state power—people of color and various permutations of the poor and dispossessed. The economic elite who have so benefited from Mr. Obama’s policies clearly don’t see themselves and their families as potential targets of the state’s newly ‘legitimated’ right to murder. To the extent economic class provides the dividing line between the giving and receiving ends of this power, the relation between it and wealth concentration is made visible. And it is this very line Mr. Obama has helped to so clearly demarcate.”
[…]
Gail Dines knocks this talk out of the park – Neo-Liberalism is exposed, and all the ill-effects that come with that particular set of toxic ideals. Some quotes from the video:
“There is no such thing as cheap labour, there is only labour that has been made cheap”
“Women perform 66% of the worlds work, produce 50% of the food, but earn 10% of the income and own 1% of the property”
On Third Wave Feminism – “Orgasms are nice, but revolutions are better.”
Sit back and soak this one up folks, it is how the world is working, whether you like it or not.
Ireland once heralded as an ‘economic tiger’, like the Asian tiger economies of Korea and Japan, but now has become insolvent. The key difference is that Korea and Japan did not bend to international pressure and open their economies to ‘free trade’ and other disastrous neo-liberal prescriptions, they protected their domestic economies with tariffs and limited the mobility of capitol so it benefited domestic industry first and investors second. Ireland took the other path throwing off domestic protections and embracing the investor market and ‘free trade’ (see Chile and Haiti) and their economy, once plundered, has been tossed aside to die at the wayside. Well, not die per say, but now requiring a huge bailout to save what is left of the Irish economy for those who depend on it the most, the people of Ireland.
“Ireland is running a deficit of €19 billion ($26.4 billion Cdn), which Lenihan said could not be financed at current market rates. He said the country needs help to pay its bills and provide a contingency fund to support banks that are hemorrhaging cash.”
This is yet another shining example of the socialism for the rich in action, as we see the EU and IMF rushing in with public dollars to prop up yet anther doomed neo-liberal experiment gone horribly wrong (or right depending on how you look at it). Austerity and public service roll backs are about to be unleashed on the people of Ireland, the investors, having made their money are long gone, already looking for the next country to rape.
Update with a hat-tip to Sabina Becker from News for the Restless for the link to the Youtube video.
When I see Objectivist thinking or its equally bankrupt little brother Libertarianism brought into a serious conversation I always smile inwardly. Objectivism is based on the writings of Ayn Rand. Objectivist doctrine can be summarized in a short sentence, which happens to be the title of this post. Rand and others put forth the emphasis on rationality and making objective decisions but, risible ornamentation aside, her thoughts boil down to the idea that being selfish and greedy is a good thing and the net benefits accrued from this ego festival will benefit society.
Objectivism fits nicely with the Chicago school of neoliberalism as the selfish nature of objectivist thought fits well with the trickle down theory of wealth and laissez-faire market policy in general.
Before going any further with this post there are a couple of assumptions that I will be working from that will inherently colour my conclusions.
1) Laissez-faire capitalism is a farce. No one actually wants a completely unregulated free market.
2) The neoliberal economic plan put forth by Friedman and the Chicago school is an unmitigated disaster and has been thoroughly discredited.
3) Democracy and Capitalism are mutually antagonistic systems.
I have other tenets but listing them all would only further entangle an already long post. I just want to help establish the tone of what this piece is going to be about. As this is an introductory piece, it would be good to get the wisdom from its source. Ayn Rand in Atlas Shrugged says:
“[T]he most selfish of all things is the independent mind that recognizes no authority higher than its own and no value higher than its judgment of truth. You are asked to sacrifice your intellectual integrity, your logic, your reason, your standard of truth-in favor of becoming a prostitute whose standard is the greatest good for the greatest number.” (1957: 955-956)
Bruce Barry and Carrol Stephens in the Academy of Management Review (Volume 23, No. 1 January 1998) have taken Randian thought to task. Their reply is as follows:
“Objectivists assume that humans can reap value and attain virtue only through the satisfaction of the self. But, of course, in genuine societies we find ourselves mutually interdependent and often motivated to assist others in order to achieve broader out- comes that serve our own individual interests.” (165)






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