Planetary quandary as nomenclature

If you can get beyond the extraordinary and expected CEO worship, there are worthy bags to unpack on the subject of Capitalism struggling with the language of climate change:

Confusing climate terminology has become commonplace among governments, and in some cases can even understate more far-reaching goals. Kelly Levin at the World Resources Institute found that many European countries say their goal is carbon neutrality, but digging in the documents reveals the target covers all greenhouse gases. California, which would be the world’s fifth-largest economy if it were a country, makes the same mistake.

“These are growing pains, as we translate the science into what it means for business and society,” said Ateli Iyalla, managing director of North America for CDP, a group advocating emission disclosures. “It’s important to use the right language and get the terminology right to send the right signals to the marketplace.”

Suspicion of implied deliberate obfuscation is warranted, so caveat lector always. A fixation on the marketplace, kicking the can as far out as it can be painlessly imagined deserves skepticism. But this struggle is admitting a chief flaw of capitalism, as a system seeking to right itself when solutions beg its very existence. As a system ideology, capitalism will not be able to completely reconcile its culpability without a commensurately profitable framing, it’s just an impossibility, a sine qua non of the entire, roll-up-your-pants, build-the-deck-higher mentality in the face of literal and figurative rising seas.

We can be interested in this struggle as an intellectual, artistic matter, yet parsing its ongoing circulation throughout financial systems and wealth management strategies it must be seen as an altogether different sort of reckoning: signal-sending, profit-guarding and bottom-line-feeding. Until mass audiences awaken to lead with solutions – changes in mindset, how we live and and move about, big finance will continue to lead from behind. It’s all they really know how to do, reinforcing an atmosphere in which it is highly incumbent on all to compare its track record with any new directions they are offering.

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True Stories

The term ‘exclusive,’when employed as anything other than a pejorative, has to double back on itself a time or two just to keep up. The theatrics can be dizzying.

The gated community in Hemet doesn’t seem like the best place for Eddie and Maria Lopez to raise their family anymore.

Vandals knocked out the streetlight in front of the Lopezes’ five-bedroom home and then took advantage of the darkness to try to steal a van. Cars are parked four deep in the driveway next door, where a handful of men rent rooms. And up and down their block of handsome single-family homes are padlocked doors, orange “no trespassing signs” and broken front windows.

It wasn’t what the Lopezes pictured when they agreed to pay $440,000 for their 5,000-square-foot house in 2006.

Okay, set the money aside for a second – I know; it’s difficult. What were these homeowners being promised?

The development promised a Tiffany neighborhood for what was then something closer to a Target price.

It’s mainstreaming the haute bourgeoisie, as if that was a thing we would want to do , or could do without consequences from Mother Universe. Come on, “brochures that coo”? But again, the whole thing is so stupidly incoherent, if I only blamed the gullible buyers it would legitimize the developers/lenders as some kind of Barnums who should be lauded. For the buyers, we have to admit that, circa, 2005, this was what the American dream looked like. The whole thing is a construct to separate you from your money, yes; but what happens when it works? We’ll have to admit: the rubes’R us.

Thanks to overbuilding, demographic changes and shifts in preferences, by 2030 there could be 25 million more suburban homes on large lots than are needed, said Arthur C. Nelson of the University of Utah. Nelson believes that as baby boomers age and as younger generations buy real estate, the population will abandon remote McMansions for smaller homes closer to shops, jobs and the other necessities of life.

Ya think? Now hear this: no where should property values ever be as high as even $200K for a quarter-acre lot (with a house!) if it is more than a ten minute-walk (on foot) to the bar, the post, at minimum ten restaurants, at least a hippie grocery store if not a carniceria and the bank. Does this mean people can only live in big cities? No, it does not.

Elitist happiness misers.