Thursday, January 24, 2008

"Creative Capitalism"

Why am I not surprised that two of the most famous hypocrites of our times are pals:

Sharing a stage with the former US vice president at the annual gathering of world movers and shakers in the Swiss ski resort of Davos, the U2 frontman joked that their friendship was a source of pressure on the domestic front.

"He's been round my house and it's like... here's the recycler Al, you know... I've got a posh car, but it runs on ethanol Al," Bono said.

Acknowledging that a career in rock music was not always conducive to a green lifestyle, Bono compared a conversation with Gore to an act of religious contrition.

"It's like being with an Irish priest. You start to confess your sins," he said. "Father Al, I am not just a noise polluter, I am a noise-polluting, diesel-soaking, gulfstream-flying rock star.
At least he admits he is a carbon spewing beast, unlike Al Gore, but Bono's not too proud to horde his money at the same time he demands governments around the world spend other people's money to fight poverty. Fresh from his trip to the Pentagon where he discussed global poverty with U.S. Defense Secretary Robert Gates, Bono is now at an exclusive Swiss ski resort while he attends the annual Davos Economic Forum, along with roughly 2500 business and political "experts", including Father Gore.
New evidence shows "the climate crisis is significantly worse and unfolding more rapidly than those on the pessimistic side of the IPCC projections had warned us," the former US vice president and climate campaigner told delegates at the annual World Economic Forum in Davos.

There are now forecasts that the North Pole ice cap may disappear entirely during summer months in as little as five years, Gore said.

"This is a planetary emergency. There has never been anything remotely like it in the entire history of human civilisation. We are putting at risk all of human civilisation," he added.
I suspect this new evidence is as reliable as the evidence presented in "An Inconvenient Truth."

One of the world's richest men, Bill Gates, is also making an appearance. If he were content to spend his own money to help the less fortunate, I'd praise his efforts, but like Bono and Gore, he's lobbying for government to mandate collected booty to meet economic need, whatever that term might mean:
Thirty years ago, 20 years ago, 10 years ago, my focus was totally on how the magic of software could change the world. I saw that breakthroughs in technology could solve key problems. And they do, increasingly, for billions of people.

But breakthroughs change lives primarily where people can afford to buy them, only where there is economic demand, and economic demand is not the same as economic need.

[..] The world is getting better, but it's not getting better fast enough, and it's not getting better for everyone.

The great advances in the world have often aggravated the inequities in the world. The least needy see the most improvement, and the most needy get the least -- in particular the billion people who live on less than a dollar a day.

[..] The genius of capitalism lies in its ability to make self-interest serve the wider interest. The potential of a big financial return for innovation unleashes a broad set of talented people in pursuit of many different discoveries. This system, driven by self-interest, is responsible for the incredible innovations that have improved so many lives.

But to harness this power so it benefits everyone, we need to refine the system.
We need Creative Capitalism!

c/p: Dust My Broom


Anonymous said...

Bono, the global panhandler, manages to get himself in the news just as the new U2 movie is about to be released.

Strategic marketing or just coincidental timing?

Anonymous said...

It's always marketing.

Unknown said...

Timing is everything!