Chasing Rainbows: Al Gore Seeks “Sustainable Capitalism”

[jdhoch]

SystemicCapital.com ...

Together with David Blood, senior partner of 'green' fund firm Generation Investment Management, the environmental activist has crafted a blueprint for "sustainable capitalism" he wants the financial industry to adopt to support lasting economic growth.
"While we believe that capitalism is fundamentally superior to any other system for organising economic activity, it is also clear that some of the ways in which it is now practised do not incorporate sufficient regard for its impact on people, society and the planet," Gore said.
At a briefing ahead of Thursday's launch, David Blood said capitalism has been blighted with short-termism and an obsession with instant investment results, which had ramped up market volatility, widened the gap between rich and poor and deflected attention from the deepening climate crisis.

[mykittyhasaboner]

More liberal crap. Al Gore and any of his friends or idelogical allies should just shut up and accept that capitalism inevitably leads to crisis, no matter how "sustainable" one thinks it can be.

From the article:

"While we believe that capitalism is fundamentally superior to any other system for organising economic activity, it is also clear that some of the ways in which it is now practised do not incorporate sufficient regard for its impact on people, society and the planet," Gore said.So how is capitalism fundamentally superior to any other kind of economic organization? Oh yeah, it makes Al Gore rich.



"We went down this path because we fundamentally believe this is relevant to business. This has always been about value creation and this whole conversation about sustainable capitalism is not a new movement," Blood said.
Right, its all about value creation, so why insist on disenfranchising the creators of value? Why bother with "sustainable capitalism" at all? Some of these liberals today i think should take a step back and look at capitalism itself first, before talking about crackpot solutions for capitalism. Maybe they won't sound so stupid if they do.


"While governments and civil society will need to be part of the solution to these challenges, ultimately it will be companies and investors that will mobilise the capital needed to overcome them."So here we have the solution to "short termism" and capitalist crisis. Just throw more money into the market....and hopefully investments will be more "sustainable".


"...in America, as soon as you say the word 'sustainability' people think of socially-responsible investing, tree-hugging and we don't believe that at all. We think sustainability is just best practice in business," he said."So we don't want to be socially responsible, we just want exploitation to look nice and humane is all..."

i honestly don't find these things to be very useful for discussion, but i believe that part of the huge obstacles the communist movement needs to overcome in this century is the plethora of liberal nonsense which tries to create capitalism with a human face, tries to "fix" a broken capitalism, or identifies the cause of crisis to be "crony capitalism" or "corporatism".

It is these kinds of ideological falsehoods that decieve a large number of people and prevent movements, like Occupy for example, from developing revolutionary class consciousness. So we should criticize and defeat liberal political economy just as successfully as Marx and Engels did.

[Rafiq]

It never ceases to amuse me, how Liberals believe that we have some kind of free-will, some kind of supreme executive domination over capitalism and material conditions. As if we can come up with all sorts of creative forms of the capitalist mode of production, lest we only try.

The fact they believe the issue of capitalism to be a moral one is pathetic. If it was an issue of Morals, perhaps their beloved keynsianism would have actually been able to function for more than forty years.

[TheGodlessUtopian]

...and I want a peaceful revolution, but guess what? It isn't going to happen.

Typical liberal nonsense.

[JustMovement]

I think its the dragon that gorey is chasing