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From The Socialist newspaper, 26 February 2020

Bezos gives $10bn for climate - nationalise the rest!

Billionaire Bezos would be nothing without his workers, photos reynermedia, Steve Jurvetson, Scott Lewis, all CC

Billionaire Bezos would be nothing without his workers, photos reynermedia, Steve Jurvetson, Scott Lewis, all CC   (Click to enlarge)

Adam Harmsworth, Coventry Socialist Party

A $10 billion 'Bezos Earth Fund' is the biggest 'giveaway' yet by owner of Amazon and world's richest man Jeff Bezos. He has claimed the fund will go to "any effort that offers a real possibility to help preserve and protect the natural world."

Perhaps the Socialist Party should bid for the fund, having a far more sincere programme to protect the planet than any billionaire! Bezos might not be so fond of us, not least because he has repeatedly featured in the Socialist for his immense wealth and greed.

$10 billion equates to 8% of Bezos's current wealth. Losing even 8% would be ruinous for most ordinary people. But Bezos has been a billionaire for over 20 years and has been worth over $10 billion since 2010; he could have poured billions of dollars in to fight climate change years ago!

But the capitalist system grants Bezos and the rest of the capitalist class the right to choose when and how they spend 'their' money. This is despite the fact that his private fortune was made by the hard work of hundreds of thousands of Amazon employees - and could benefit all humanity and help save the planet right now.

Meanwhile, the group 'Amazon Employees for Climate Justice' has said the company threatened to fire employees when as many as 1,800 of them called on their employer to do more to fight climate change during the September climate actions. And Bezos has fought tooth and nail to avoid taxes on Amazon's profits to fund socially useful investment!

It seems this Earth Fund is little more than a publicity stunt. There is no serious intent from Bezos, Amazon, or any of the biggest polluting businesses to change their practices and risk their profits to take action that would prevent global catastrophe.

The resources exist to fight climate change right now; billionaires like Bezos are in the way, hoarding money and holding the planet to ransom. Preventing warming of more than 2C will require expenditure of $2.15 trillion every year, according to the Economist - about 2.5% of world economic output.

Socialist change is urgently needed to rid the bosses of their power, taking their money and big business into public ownership under democratic workers' control so these resources can be planned to genuinely combat climate change now.

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The coronavirus crisis has laid bare the class character of society in numerous ways. It is making clear to many that it is the working class that keeps society running, not the CEOs of major corporations.

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In The Socialist 26 February 2020:


News

Austerity kills

Average wages recover to pre-crisis levels - but we're still over a decade behind

Bezos gives $10bn for climate - nationalise the rest!

Weinstein found guilty


What we think

Immigration: For a system that meets the needs of the majority, not a rich elite


Universities strike

Solidarity with striking university staff

University workers' strike over pay, pensions and workload escalates


Council cuts

Coventry: A socialist councillor who will vote against cuts

Number of women killed by current or ex-partner rises

Leicester: We can't take any more cuts, any more misery, and we are fighting back

Students and workers out together on Budget Day, 11 March

Stop the council cuts

Council cuts could cost Labour another general election


Workplace news

Packed meeting of workplace militants, strikers, socialists and trade union leaders

All out to win Royal Mail strike reballot

PCS union relaunches pay campaign

Workers call on Interserve bosses to recognise union

Anti-academy strikes growing


International news

Germany: Right-wing terror attacks - fight racism, fight capitalism!

Northern Ireland's strike wave


The BBC

This is the BBC: fight the cuts - and the capitalist media


Campaigns

Congress 2020 appeal: Donate to help us renew vital resources

Housing cuts cost lives

Socialist sellers


Readers' opinion

The Socialist Inbox


 

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