Quote:
The climate cultists in particular, and the Left in general, are imbecilic hypocrites.
The virtuous scarcity and nobly diminished returns are only for those investors and workers who must first make the money the government takes; and the immediate and ultimate economic detriment they suffer from the destruction of the profit motive within the private sector is merely an investment in the future—of socialism.
The profit motive has long been the biggest bar to the implementation of left-wing economics. Why? Simply, leftists fail to produce anything but economic misery and malaise and governmental dependence. Hence, the need to have the populace embrace scarcity as a social good, because it unburdens the Left of the need to advance economic policies that expand economic opportunity and wealth; and, consequently, frees them (if no one else) to capriciously redistribute wealth—at least until they run out of other people’s money.
While vile, the support for ESG by the Left makes perfect sense within the perverse confines of their ideology: create a pandemic of fear (the “climate apocalypse”) to scare a sufficient segment of the public to disdain the profit motive; jettison the free market and the economic system that facilitated it; and abandon the highest standard of living in human history. So, too, one can understand how, due to the disinformation and misinformation of the Left, many non-leftists have been induced to conflate climate change with the climate apocalypse, and submit to this radical agenda. As the Left has long bragged, they never let a crisis go to waste—especially ones they manufacture.
Yet, what of the elitists who command the helms of mammoth multinational corporations and of institutional investors? Have these alleged captains of capitalism really turned their backs on the profit motive that so fabulously enriches them? Are they true believers in the climate apocalypse and, indeed, the entire leftist agenda that ostensibly is antithetical to their economic interests?
Of course not.
Comment:
Summary. The 1% - the Lords of Blackrock, HSBC bank, Big Tech, etc. – are applying a Christian precept: teaching you and me that it is virtuous to be poor.
So that they can become ever richer.
This is not capitalism. It is the Maharajah System, or the New Feudalism.