Stakeholder Capitalism Ch.7: A climate crisis or a crisis of epistemology?
In a series of blogpost, Iâm reflecting on the book Stakeholder Capitalism, written by Klaus Schwab with Peter Vanham.
Will our planet soon reach a tipping point because of our emission of greenhouse gasses? Chapter 7 on âPeople and Planetâ opens with two pages on Greta Thunberg, including a few quotes.
Environmental issues and political polarization
Before, in my review on chapter 2, I already expressed many doubts on such an alarmist narrative. Also I was worried that Thunbergâs connections with antifa and Marxism would further reinforce the kind of polarization that is described in chapter 4.
After raising this issue in the Facebook group of the WEF book club (#wefbookclub), co-author Peter VanHam responded:
In fact, her political beliefs are not something we endorse, and frankly, are not something we are actively aware of. What we do admire about her, is that she calls for action in regards to manâs relationship to the environment, and her perspective that current generations have a major impact on future generations.
I think this is a fair and honest response by Peter. However it doesnât alleviate all problems. When you invite someone as a speaker and spend multiple pages on oneâs message in a book, then you run the risk of having to account for that personâs political affiliations. Not because it is ontopic or materially relevant â it indeed isnât and shouldnât â but because of social and political dynamics. Combined with the highly polarized debate on climate change, it results in âdangerous watersâ, as I mentioned earlier:
Iâm spending many paragraphs on the subject of climate, because I believe this issue to be one in dangerous waters. Support for the stakeholder capitalism concept and the WEF itself might be damaged if this issue is treated in a one-sided way.
In my online âbubbleâ I can see the results: Far-stretched complot theories around the WEF, even from well-educated people and even a senior journalist for a mayor Dutch newspaper.
Something that is not contested, however, is the shared care for future generations. Iâll admit that Greta Thunberg makes a valid point when she raises concern over short-term politics while future generations might pay the price.
This doesnât implicate that each and every green policy is always best for our future generations. First, we might be mistaken about climate change â I already wrote about various objections and questions before. Second, the proposed solutions themselves might have disadvantages, sometimes endangering the environment. Third, it costs huge amounts of money, which would be a waste if our assessment of the problem, or our solutions to it, were off.
The authors are right about one thing. They mention the collapse of the Soviet Union as the first point in time where true global cooperation was a possibility. So in 1992 at the Rio Earth Summit, âclimate change dominated the international agenda for the first time everâ, the authors write.
After the Soviet collapse, Mikhail Gorbachev launched an environmental organization. In fact, many more (former) communists entered into environmental organizations. In Holland, they infiltrated and sometimes changed or took over many environmental organizations and even parts of the university, writes Peter Siebelt in his book Eco Nostra (2003; written in Dutch). Worldwide, âclimate justiceâ ideology is connected to Marxist roots and formerly Communist organizers. Unfortunately, this includes the parents of Greta Thunberg.
Conservatives, libertarians, farmer organizations, and so on are very aware of this and will not consider these organizations, or those who strongly associate with them, as trustworthy. Hence, âdangerous watersâ.
This is something the authors clearly donât aim at. They explain the difficult position of the Yellow Vest movement that emerged after the French government introduced a new fuel tax to improve the environment:
In practice, it disenfranchised a rural population that already felt locked out of education, work, and wealth opportunities in the cities.
That is a valid and important observation. Polarization, including between rural areas and urban centers, is rising, which makes it difficult to implement environmental policies, especially if most policies are designed by urban planners. Later in the chapter, the authors write about this urbanization.
Your political color makes some problems not go away
Beliefs and polarization donât make some of the issues less real. Yes, new discoveries and new technologies makes it possible to exploit more natural resources than expected, but such discoveries only buy some time until finally we have to import raw materials from other planets. That will not alleviate damage to the environment, such as the plastic soup also mentioned by the authors.
Many less developed countries currently experience a fast industrialization and economic development, increasing the environmental damage, need for natural resources, and increasing emissions. The authors praise such developments from a human development perspective, but warn about the explosive increase of CO2 emissions, usage of natural resources, and environmental damage.
The authors give a very nice example of human and economic development. They describing a person thriving in the city of Awasa in Ethiopia. I wonât spoil it for you â read the book â but the increase in GDP, job security, and yes CO2 emission and pollution are all having their effects.
Can we he hopeful?
The authors identify four âmegatrendsâ, which they describe in some detail. Iâll summarize it shortly:
- Urbanization. Now, most people live in cities, and the trend is not slowing down. Some megacities count over 20 million inhabitants.
- Changing demographics â ageing. This brings challenges, but helps so slow down or even reverse population growth (a main factor for our ecological footprint).
- Technological progress. This can increase our footprint, but new technologies may also be more efficient and clean, and make use of sustainable sources of energy.
- Societal preferences. For most people, when they have enough material wealth, the focus changes to health. There is less need to increase productivity. Also they now begin to prefer products friendly to the environment.
A few solutions are mentioned in this chapter:
- Altering the sources of energy production.
- Carbon pricing.
- Voluntary actions by companies.
Tippping over
The authors tip over to the climate alarmism camp:
The same is true for climate change. The world is in fact very close to the tipping point where even drastic efforts wonât stop the situation from spinning out of control.
In my view, that is overly dramatic. I already gave an overview of counter arguments in my review on chapter 2. For fun, letâs add a few links to blogpost by Zoe Phin, a data analyst.
- Accurate Global Greening; global greening in this century is 5%. So we actually get a greener planet.
- Coastal Sealevel Rise; â1.69 mm/year. As you can see the coastal trend is half the total ocean trend. Funny how greenhouse gases do that đâ
- What Global Warming?; âFrom 1850 to 2019, weâve been warming up by 0.0013 °C/year. Weâve warmed up by 0.22 °C since 1850.â
- Trend in Global Fires; âGlobal fires have been decreasingâ (based on data from 2000 till 2020).
A crisis of epistemology
What is true? Can we trust science when it is subject to financial pressures? Dedoimedo, a well-known blogger on (information) technology, writes that âGlobal warming is bollocks!â (2011; updated 2015). He states:
This seems to be the main reason why theories can be proven one moment, refuted the next. Thereâs a battle between the pro- and anti- global warming camps, each trying to champion their cause. Some will claim this, some will claim that. One thing is sure though, with human ego taking precedence over everything else, you canât really trust the numbers. Or rather, you canât trust them after they have been mangled, molested, rounded, truncated, shifted, offset, abused, and changed. [âŚ] Now, throw in sun flares, magnetic pole reversals, other fancy cosmic activities, none of which we understand well, and you can pretty much show and prove anything you want, as long as you keep extrapolating. Itâs just that our subset of data is so tiny and unreliable. Our fifty or sixty years of accurate measurement of environmental factors is a speck on the timescale of Earthâs history. Thereâs no way we can predict anything with any reasonable accuracy.
How can we know things? There is a wide awareness about an epistemic crisis. News media, institutions, science; a growing part of the population doesnât trust these, either because of polarization and/or due to the institutionâs decline in quality. There are âincreased economic incentives for journalists to produce clickbaitâ. I urgently advise everyone to read this article by Michael Miller and James Kirwan from 2019 for the Social Science Research Council: The Modern Origins of Our Epistemic Crisis.
I donât know the solution for such an epistemic crisis. Fighting âmisinformationâ in #CancelCulture style or using Big Tech dictatorship is going nowhere. All we can do is applying old-school principles such as agreeing to disagree, giving the opponent or subject a chance to tell his/her side of the story, and admitting errors when we make them. Probably, it wonât be enough; but the story of Icarus is outside the scope of this review series.
The next chapter will be on stakeholder capitalism concepts.
If you want to follow my adventure with this book, just follow
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Also check the index page of my review series that I will update as I add blogposts on this subject.
Deze blogpost werd in december 2022 overgezet van WordPress naar een methode gebaseerd op Markdown; het is mogelijk dat hierbij fouten of wijzigingen zijn ontstaan t.o.v. de originele blogpost.