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Social Capitalists: Wall Street’s Progressive Partners
February 24, 2015
by Jay Taber
One Hoax after Another
After successfully bewitching the greens into falling for college campus fossil fuel divestment in the US — which helped Wall Street consolidate its fossil fuel control — Wall Street is now cooking up an international carbon copy of this hoax to capitalize on the euphoria of climate campaigns.
The Divest-Invest Shell Game — like the REDD carbon market fiasco — requires suspension of disbelief, and determined engagement in wishful thinking.
BDS against Israel, and formerly against South Africa, used the three-part formula of Boycott Divestment Sanction. Divestment, as used by 350, omits boycott and sanction, and limits divestment to meaningless, symbolic acts.
All this divestment does is make once publicly-held shares available on Wall Street, which allows trading houses like Goldman Sachs to further consolidate their control of the industry.When it comes to the 350 agenda, they leave out the boycott of fossil fuels, and the sanction of fossil fuel corporations, and instead press for divestment by institutions like colleges and universities. All this divestment does is make once publicly-held shares available on Wall Street, which allows trading houses like Goldman Sachs to further consolidate their control of the industry.
BDS, when applied against apartheid states by other states and international institutions, includes cutting off access to finance, as well as penalties for crimes against humanity. What makes 350 so devious, is that they hijack public emotions using phony “divestment” as a disorganizing tool to redirect activism away from effective work.
The mystique of mass hypnosis, embodied in the Charms of Naomi, examines the social engineering of climate activism organized by 350, as well as the seductive energy tales that lead gullible progressives into supporting one hoax after another.
In McKibben’s Divestment Tour — Brought to You by Wall Street, acclaimed investigative reporter Cory Morningstar continues her series of reports on the non-profit industrial complex, with a focus on social capitalists like The Clinton Foundation and the Rockefeller Brothers Fund that created 1Sky–the forerunner of 350. With support from CERES, they help the fossil fuel industry avoid boycott and sanction by owning NGOs and directing their climate agenda.
CERES, Tides and 350*
Coalition for Environmentally Responsible Economies (CERES) is a partner of the World Business Council for Sustainable Development (WBCSD). CERES funders are associated with Goldman Sachs, JPMorgan Chase, Citigroup, Morgan Stanley and Bank of America.
WBCSD is part of a Wall Street strategy to dislodge the United Nations Center on Transnational Corporations, and prevent enforceable rules governing the operations of multinational corporations.
One third of the CERES network companies are in the Fortune 500. Since 2001, CERES has received millions from Wall Street corporations and foundations.
CERES president Mindy Lubber promotes “sustainable capitalism” at Forbes. Bill McKibben (founder of 350) was an esteemed guest of CERES conferences in 2007 and 2013.
1Sky, which merged with 350 in 2011, was created by the Clinton Foundation and the Rockefeller Brothers Fund. Betsy Taylor of 1Sky/350 is on the CERES board of directors.
In 2012, Bill McKibben and Peter Buffett (oil train tycoon Warren Buffet’s son) headlined the Strategies for a New Economy conference. Between 2003 and 2011, NoVo (Buffet’s foundation) donated $26 million to Tides Foundation, which in turn funds CERES and 350.
Suzanne Nossel, former Deputy Assistant Secretary of State under Hillary Clinton, is on the Tides Center board of directors.
The New Economy
Presaging the new economy of progressives like 350’s Naomi Klein, CERES’ Mindy Lubber and Avaaz’ Ricken Patel, was the 2004 Progressive Democrats of America campaign and the appointment of self-described Reaganite U.S. Senator Barack Obama, as keynote speaker at the 2006 Democratic National Convention.
As America’s nervous breakdown intensified, progressives produced such horrors as the 2006 bill, introduced by U.S. Senator Diane Feinstein (D) San Francisco, to make activism against corporations illegal. With the 2010 U.S. Department of Homeland Security arrests of anti-war and environmental activists, for the crime of showing documentary films criticizing the arms and energy industries, Feinstein was in seventh heaven.
In 2012, as federal prosecutors and law enforcement escalated harassment of #Occupy activists attempting to influence U.S. policy, the defense of civil and human rights moved from the courts to the streets. Neoliberals like Hillary Clinton, Diane Feinstein, and Barack Obama — committed to state-sponsored violence for the benefit of Wall Street — exercised fascism through aggression, surveillance, and repression of dissent.
Illogic of the Climateers
Cults — religious or secular — involve dissemination of core beliefs by their agents. Whether priests or public relations provocateurs, these agents are the vectors by which recruiting and indoctrination are accomplished.Cults — religious or secular — involve dissemination of core beliefs by their agents. Whether priests or public relations provocateurs, these agents are the vectors by which recruiting and indoctrination are accomplished. In order to maintain the cult, ideological doctrine — when founded on nonsense — become mantras that prevent critical thought.
The illogic of the climateers cult — of which Naomi Klein is the primary prophet — finds fertile ground in the political illiteracy of privileged first world progressives–fallen prey to institutional propaganda and market advertising. The hoax is made possible by a combination of hopelessness, magical thinking, and media consolidation.
In a world where warmongers are given the Nobel Peace Prize, and revolutions are won by throngs in blue taking selfies while eating pizza provided by Wall Street, anything is possible. Anything, that is, except social change.
In a culture of imbeciles, secular cults flourish according to the amount of Wall Street derivatives flowing through foundations into the non-profit industrial complex. After that, it’s a simple matter of echoing mantras on YouTube and TV talk shows.
The art of social engineering, while dependent on high finance, also requires a politically illiterate audience. In a society like the United States, the charms of Naomi are amplified by progressive ignorance, and sustained by imperial civil society.
Simulating an Orwellian ministry of truth, the magic of Naomi — funded by Wall Street — becomes revolutionary in ways envisioned in the novel 1984. As a maverick in her own mind, Klein has become the progressives’ Sarah Palin.
Progressive self-delusion, from hope and change to this changes everything, is grounded in hysteria. The climateers Kool-Aid keeps reality at bay.
The Invisible Environment
Image Courtesy of Mark Gould
In his 1985 book Amusing Ourselves to Death, Neil Postman — American media theorist, humanist and cultural critic — noted that “new technology can never substitute for human values.”
Even our most heartfelt emotions and concerns have been hijacked by the amusement industry, penetrating so deeply into our collective psyche, that we have become social robots.In American society today, our social amusements have come to occupy not only our pastimes, but everything about our lives, politics, values and beliefs. Even our most heartfelt emotions and concerns have been hijacked by the amusement industry, penetrating so deeply into our collective psyche, that we have become social robots.
Capitalizing on this corrosion of civil society, Wall Street marketing agencies like Purpose and Avaaz — sponsors of campaigns to support “humanitarian war” and the “new economy” — have designed and exploited an advertising niche to make money from this social pathology.
While American faith about the truth in advertising might suffer as a result of these amusements, the deaths that result take place mostly in the Third and Fourth World. As Americans are herded into waving signs and marching around Manhattan wearing the color blue, millions around the world are dying from starvation, disease and murder resulting from American consumerism.
As a professor of Culture and Communication, Postman taught a course called Communication: the Invisible Environment. While he was concerned primarily with the decline in the ability of mass communications to share serious ideas, Postman was aware that the turning of complex ideas into superficial images — that become a form of entertainment — leads to a society where information is a commodity, bought and sold for entertainment, or to enhance one’s status. In contemporary society, mediated by technology, individuals will literally believe anything.
Seductive Energy Tales
“The seductive tales of wind turbines, solar cells, and biofuels foster the impression that with a few technical upgrades, we might just sustain our current energy trajectories without consequence…Like most fairy tales, this productivist parable contains a tiny bit of truth. And a whole lot of fantasy.”Demanding an end to fossil fuels has its allure, but when we examine the alternatives, things don’t look quite so cheery. As Ozzie Zehner reports from the Center for Science, Technology, Medicine and Society at University of California, Berkeley, “The seductive tales of wind turbines, solar cells, and biofuels foster the impression that with a few technical upgrades, we might just sustain our current energy trajectories without consequence…Like most fairy tales, this productivist parable contains a tiny bit of truth. And a whole lot of fantasy.”
As Zehner notes in Green Illusions, “Emerging research on the side effects and limitations of solar cells, wind turbines, biofuels, electric cars and other alternative energy strategies will likely transform conventional wisdom about what’s green, and what’s not.” Since renewable energy doesn’t scale to meet our current (let alone future) demands, that leaves fossil fuels and nuclear energy–or reduced demand.
Perhaps our only hope is that the coming plague from the collapse of global public health will reduce the human population sufficiently to give us a fresh start at screwing up. Of course, last time that happened, things didn’t work out so well. Still, 14th Century thought leaders had to contend with economic panic and religious hysteria, unlike our progressive 21st Century leaders.
New Age Ghost Dance
The inheritors of the Standard Oil fortune (Rockefeller Brothers) would not be funding 350 were they not thus disempowering their naive followers. As Agent Saboteur, 350 has already proven its value to Wall Street.
Enchanting as the chimera of clean energy might be, it doesn’t scale to meet energy demand, and its use by marketing agencies like Avaaz, Purpose and 350 is to perpetuate the misbelief that Wall Street — which caused all our social and environmental problems — is our only hope for salvation. Sort of a New Age Ghost Dance.
Divest-Invest Shell Game
One of the recurring scenes in the iconic comic strip Charlie Brown is the one where his sister Lucy holds the ball for Charlie to kick, promising not to move the ball at the last second, thereby causing Charlie to tumble backward when she always does. Humiliated time after time by Lucy’s sadistic antics, Charlie — trusting soul that he is — never fails to fall for Lucy’s promise, that this time she won’t pull the same trick as before.
I thought of Charlie Brown and Lucy reading the announcement of “major commitments” on the eve of the UN Summit on Climate Change. Having moved the ball at Poznan, Copenhagen, Cancun and Durban — thus causing progressive greens to take a tumble — the UN, Wall Street, and big international NGOs (BINGOs) are now asking recently enraptured climateers to give them another chance to prove themselves trustworthy.
When they begin swooning over oil tycoon heirs as their new heroes, the greens demonstrate their boundless capacity for self-delusion. When they begin swooning over oil tycoon heirs as their new heroes, the greens demonstrate their boundless capacity for self-delusion. As we saw with the enchanting Charms of Naomi, the mystique of mass hypnosis is a simple matter of the prescribed art of social engineering. Having captivated a gullible audience, in a state of ecstasy after their euphoric march in blue, makes beguiling the credulous child’s play.
Till the End of Time
Social engineering by Avaaz, Purpose and 350 over the years has been exclusively focused on increasing market share for themselves. This, in turn, keeps Wall Street foundation funds flowing into their coffers. Market share, acquired through advertising (i.e. branding), has been demonstrated by these cults and PR firms to be designed to deceive consumers into believing they are making a difference when they are not.Market share, acquired through advertising (i.e. branding), has been demonstrated by these cults and PR firms to be designed to deceive consumers into believing they are making a difference when they are not.
As with other Wall Street-backed political campaigns, Avaaz, Purpose and 350 engage in false advertising, more commonly known as fraud. Like earlier campaigns, promoting supposedly green products or projects that turned out to be bogus (i.e. Keystone XL, clean energy, and fossil fuel divestment), the new economy form of Free-Market environmentalism only benefits Wall Street and its stable of NGOs–not the environment.
This marketing sophistry is particularly appealing to over-consumers in countries like the US, who do not want to make any sacrifices, preferring to be sold fantasies about magical capitalist-friendly solutions, in which all lethal downsides and toxic side effects are strategically concealed from them. Indeed, part of the magical thinking — sold by Avaaz, Purpose and 350 — is that progressives have inside knowledge about this clever stratagem, while the ignorant masses are tricked into being green without knowing it.
The same idiots who bought into biofuel — whose plantations cause mass starvation and displacement of indigenous peoples — now reflexively participate in promoting Wall Street’s agenda as something new.The arrogance of progressives, along with unlimited funds from Wall Street, is what makes this advertising effective. The same people who were conned into buying electric cars that use environmentally-destructive methods to obtain rare earth minerals in their fabrication, are now oblivious to the new economy shell game. The same idiots who bought into biofuel — whose plantations cause mass starvation and displacement of indigenous peoples — now reflexively participate in promoting Wall Street’s agenda as something new.
The fact there is no substance to the empty promotions by new economy celebrities like Naomi Klein is perhaps what progressives find most enticing. Without any actual plan — other than advertising — there is nothing to debate. In that way, their imbecility is secure from attack, free to follow pipe dreams and pied pipers till the end of time.
*Excerpts from the McKibben’s Divestment Tour: Brought to You by Wall Street series by Cory Morningstar
[Jay Taber is an associate scholar of the Center for World Indigenous Studies, a correspondent to Forum for Global Exchange, and a contributing editor of Fourth World Journal. Since 1994, he has served as communications director at Public Good Project, a volunteer network of researchers, analysts and activists engaged in defending democracy. As a consultant, he has assisted indigenous peoples in the European Court of Human Rights and at the United Nations. Email: tbarj [at] yahoo.com Website: www.jaytaber.com]