Warren Buffett, Jeff Bezos, Bernard Arnault, Elon Musk, Bill Gates: these men, who together control nearly 1% of the entire human species’s wealth (and control far more than this through the many boards of firms, charities, and organizations on which they sit), are often listed among the “good” billionaires who “care” about the environment. We keep hearing about these titans of industry working to save the human race; they are often in the news being hailed as the men who will save the world. What’s the truth?
They’re out to save themselves.
Each one of these so-called environmentalists is either a bare-faced liar — someone with a vested interest in destroying the planet — or a monster willing to sacrifice the rest of humanity for their own, post-cataclysm comfort. Climate change — more properly, the ecocide, the knowing murder, of the planet — is something that is already affecting both capitalist bosses and us workers alike, but, critically, not to anywhere near the same degree. Every drought-triggered crop failure causes agricultural capitalists to miss out on their profits, but meanwhile, thousands of workers are laid off or starve. In fact, most capitalists clearly plan to use their stolen and hoarded wealth to protect them from the worst side-effects of the ongoing climate catastrophe. They’re hiring up guards, building fortified strongholds, and preparing for the worst.
From the outset, we need to be clear: even if it were true that the five listed billionaires above were actively trying to save the planet, it wouldn’t make a lick of difference. They’d be outvoted and outmaneuvered by the other capitalists, the ones who aren’t trying to save the planet and who are willing to make money off of climate-destroying industries. Then, once these “saviors” were outmaneuvered in the marketplace by their more ruthless capitalist cousins, they would be relegated to political unimportance by the power of superior money. The fact is that it’s cheaper and more profitable to destroy the environment. As long as we live in a capitalist economy, this is going to remain true. So long as it’s true, it necessarily follows that those capitalists willing to destroy the economy for an advantage will out-compete and out-perform those who aren’t. And hey, we live in a bourgeois republic, where money is power. These ruthless capitalists will simply buy more politicians and legislation than any would-be climate heroes.
But the fact of the matter is that it’s not even true that Buffet, Bezos, and company are trying to save the planet. What they’re doing is paying a lot of lip service to the idea of environmentalism, and then just going about their business. Just like giving to a charity (that they conveniently own, which furthers their political ends, reduces their taxes, and gets cushy contracts for their corporations), climate activism among the ruling class is nothing more than a dodge, a con, a public relations stunt.
What have these men done to earn this reputation?
In 2012, Buffett argued that “what’s bad for the environment is also bad for the bottom line” in what was essentially a fluff piece put out by one of his corporations. “Taking shortcuts is not the pathway to achieving sustainable competitive advantage,” he warned. In 2022 Forbes glowingly wrote that Buffett’s holding and investment company, Berkshire Hathaway, “escaped ‘The Coal Trap.’” Berkshire Hathaway energy features a large page on their website devoted to the advancement of “Cleaner Energy” and company jargon cheerily mentions PacifiCorp, the Berkshire Hathaway power company in the Pacific Northwest, and its investments in such glitzy-sounding nonsense as “noncarbon generation,” “modernized transmission,” and the Berkshire Hathaway wind and solar plant. But PacifiCorp not only operates over eleven coal power plants; it also operates captive coal mines. On June 12 of this year, a Multnomah County jury returned a verdict against PacifiCorp finding them liable for more than $70 million in fines for its negligent and reckless management of its power lines that caused one of the biggest and most devastating fires in the history of Oregon, the 2020 Labor Day Fires. Buffett’s words to the public are one thing, and his words to his shareholders are quite another. He has called climate catastrophe an overall benefit to his insurance companies. His real view is the view he shares with the rest of his class: that, overall, climate catastrophe won’t be that bad, that they’ll find ways to make money from the chaos.
So much for Buffett. What about Bezos? The bald gnome responsible for piloting Amazon to the heights of the U.S. market founded the Bezos Earth Fund, investing $1 billion to help “transform food systems to feed a growing population,” after all. In 2021, Bezos pledged $2 billion to help protect the environment. At the same time, the Amazon corporation’s carbon footprint grew by 19%. The $10 billion total investment over all his contributions amounts to little more than 17% of his hoarded fortunes. Not only that, but grants from his foundations come with strings attached; do what Mr. Bezos says, print what Mr. Bezos agrees to, or this sudden flood of funding will dry up. This is one of the shady ways billionaire “philanthropy” works.
Bernard Arnault, one of the richest men in the world, owner of brands like Louis Vuitton, Dior, and Fendi, also masquerades as one of these saviors of Earth and humanity, despite the fact that his companies consistently exploit slave labor. But this contradiction — between the supposed philanthropic environmentalist and the slave magnate — is more apparent than real. There’s no real contradiction between capitalist environmentalism and slavery, even if it seems out of place that a so-called philanthropist would rely on exploitation to fuel his supposed generosity. Slave labor is the modus vivendi of the “green” capitalist movement. For those capitalists who buy into their own bullshit a little more than Bezos and Buffett do, their “green” capitalism is actually a kind of fascist vision of the future. They harken back to the Nazi Reichsminister for Agriculture, R. Walter Darré, the man who coined the phrase “blood and soil,” and who envisioned the future of the earth as a kind of vast eco-preserve administered by “racially pure” hierarchs with a mystic connection to the land — after eliminating all “undesirables,” of course. These green fascists have a long heritage; they’ve inherited the self-satisfied attitude of great feudal lords who kept “pristine” forestland for the sole purpose of hunting. For men like Arnault, the environment is important because it exists to serve them. It exists, not for itself, for its own beauty, but rather to be a parkland where they can unwind. That is the future the far-right green capitalists foresee: a parkland earth, a nature preserve, kept empty of other people, for their own pleasure, whose upkeep falls on the slaves they intend to work out of existence. So it is wrong to call all these capitalists little Hitlers — some of them are little Goerrings and little Darrés instead.
Musk, heir to a Zambian emerald mine and a white South African fortune, also falls into the category of a little Darré-like fascist. This technologically-incompetent Tony Stark prances around with his proclamations of “saving the human race,” but what he really means is that he plans to colonize the Red Planet using glorified indentured labor. He has already revealed plans for laborers to take out loans to pay him for the pleasure of moving to Mars, with the principal to be paid back through work. Never mind the fact that his transportation company, SpaceX, so far can’t get its rockets to function, unless their intended function is egregious pollution in the form of concrete dust, which his rockets habitually create. When Musk talks about environmentalism, he’s talking about a red blood and soil — with a Martian aristocracy living off of indentured colonial labor.
As for Bill Gates, he’s publicly copped to his impact on the environment. “It’s true that my carbon footprint is absurdly high,” he tells us. But don’t worry, he’s “buying offsets through a company that removes carbon dioxide from the air and a nonprofit that installs clean energy upgrades in affordable housing units in Chicago.” So he’s pouring money into startups, which is being suctioned off into the pockets of small scale tech capitalists. Gates has always been loud on climate change — loud in the media, loud in personal conversations, loud everywhere but where it counts: with his investments. In 2011, even as he was publicly declaring his dedication to green solutions, Gates invested in NEOS GeoSolutions, a firm that helps gas and oil companies decide where to drill. In 2020, the Gates Foundation Trust owned 17 million shares — some $1.54 billion worth — of Canadian National Railway Company, which transports oil from Canada’s tar sands.
What else does he spend his time saying about the environment? Oh, only that “[d]ivestment… has reduced about zero tonnes of emissions.” Gates has bought his way into the environmentalist media space so he can champion goofy tech solutions that put money in the pockets of greedy angel investors (like him) and fight real climate change solutions — like divestment from fossil fuels or the implementation of the only real long-term answer: the complete and radical alteration of the economy such to remove the profit motive entirely from production.
So long as the economy remains the private preserve of wealthy individuals, and so long as production is designed not to satisfy the needs of individuals and populations but rather to make certain men (and, occasionally, women) obscenely wealthy; so long as the driving force behind all our industries remains the production of profit rather than the fulfillment of needs; so long as we are forced to deal with the anarchic, disorganized, and individualistic whims of the market to determine what is made and what is wasted, the environment can never be truly safe. So long as Capital remains in control of the economic decision-making, there are only two roads down which we can travel: the utter depletion of the planet and environment’s life-sustaining capacity, or the institution of the parkland fascism that certain sects of the wealthy plan in the gilded rooms of their mansions and yachts. These men are not, by any stretch of the imagination, climate heroes. They are champions of nothing but their own vanity and greed. Capitalism, which has given them such wealth, has also mutilated them. They are incapable of seeing the world as anything other than a subject, something to manipulate and control. The only world they’re out to save is their world, the world that exists for their pleasure, the world that is an extension of themselves. The rest of us? Well, to them, we’re just fuel for the fire.
