When the call from progressives to transfer massive amounts of wealth from Western capitalist democracies to poorer nations—supposedly to help them combat the effects of global warming—fell increasingly on deaf ears, progressives abandoned their indirect assault on capitalism.
Now Al Gore is making a frontal attack on the capitalist system.
When the globe seemed not to be warming, the progressives changed their story and preached about the perils of climate change. Gore has tacked again and now has his sights set on what he calls “unsustainable” capitalism.
The former U.S. Vice President wants to overhaul capitalism, which he says has turned many of the world’s largest economies into hotbeds of irresponsible short-term investment. Gore is reported to have said:
“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.”
After making millions from his climate change/global warming activities, Al Gore seems to have found another scheme. He and David Blood are founders of Generation Investment Management.
Gore, chairman of the venture, defended capitalism as “fundamentally superior to any other system for organising economic activity,” but he criticised some of its practices. Gore said he wants to reform capitalism to make it more sensitive to social and environmental issues.
Sounds like another con game to me.