“Politically oriented capitalism, whatever particular form it takes, involves the granting by the state of privileged opportunities for profit. Such openings are available only to those with connections or to those who can pay for influence.”
– Scott, James. Comparative Political Corruption. Englewood Cliffs, NJ: Prentice-Hall, 1972, p. 52.
Joe Romm at Climate Progress (Center for American Progress) is holding out hope against hope that a climate bill–just about any climate bill–will be passable in 2010. He regurgitates a Boston Globe piece under the headline, Graham, Kerry, Lieberman meet with Rahm Emanuel — and then Chamber of Commerce, whose VP of Gov’t Affairs said, “generally we were in synch”!
This brings up the question: why is the Chamber of Commerce negotiating with the enemies of true (consumer-driven) economic recovery?
This incident reminded me of a section from my book Capitalism at Work (chapter 6, pp.…
Continue ReadingOn Wednesday evening January 27th a discussion of the latest developments in climate change science will be held on the campus of Rice University (directions below for those nearby). This discussion/debate is cosponsored by the Shell Center for Sustainability and the Center for the Study of Environment and Society at Rice. Here is the flyer:
Defending the IPCC consensus regarding natural-versus-anthropogenic climate change is Gerald R. North, Distinguished Professor of the Physical Section, Department of Atmospheric Sciences and the Department of Oceanography at Texas A&M University.
Richard S. Lindzen, the Alfred P. Sloan Professor of Meteorology at the Massachusetts of Technology, will challenge the IPCC consensus, arguing that real-world climate sensitivity lies below the iconic range of 2c–4.5C. Questions about ‘Climategate’ and the newly emerged ‘Himalayangate’ (the latter exposed by Dr.…
Continue ReadingEditor note: This post from one year ago is reprinted for its continuing relevance to the climate-change debate. The “bootleggers” are hard at work in the post-Enron era with nearly 150 companies, lead by Exelon Corp., Entergy Corp., and Constellation Energy Group Inc., buying 30-second television spots running from today through President Obama’s State of the Union address on Wednesday.
The climate-change public policy debate might be thought of as a straightforward morality play. In one corner, we have the good guys laboring mightily against all odds to save the planet from rampant consumerism, human short-sightedness, and corporate greed. In the other corner, we have the bad guys, laboring mightily to preserve their profits by stoking materialism, economic selfishness, and fear of big government. Behind the curtains of this morality play, however, is a fascinating dance between the “good guys” (the Baptists) and “bad guys” (the bootleggers) to pass some form of mutually beneficial prohibition.…
Continue Reading