"At one lavish conference, 800 global investors packed a hotel ballroom to consider climate change. There was no talk of how to avert or mitigate floods and droughts. Instead, the discussion focused on profiting from warming with — no joke — weather derivatives. These folks were just doing their job, despite any private feelings of concern, remorse, or dread. And each was getting paid enough to single-handedly fund a midsize school district.
Both Wall Street and Washington are trying to do something impossible: grow human consumption forever in a world of limited energy, minerals, water, topsoil, and biodiversity, all while protecting and expanding the riches of the top one percent."
KJT's Random musings on all sorts of things is a blog rich in opinion about issues such as the grounding of the Rena, described by KJT in damning detail and sub-titled 'A Neo-Liberal failure', and Neo-Liberal economics, as described in the post from which I copied the details above. Random the musings they may be, but they're eye-openers, all of them.
Thursday, December 8, 2011
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment