By completely changing the financial systems of the world, of course!
(SMH) The purpose of the global financial system is to allocate the world’s savings to their most productive uses. When the system works properly, these savings are channeled into investments that raise living standards; when it malfunctions, as in recent years, savings are channeled into real-estate bubbles and environmentally harmful projects, including those that exacerbate human-induced climate change.
Notice how Warmist Jeffrey Sachs writes about the financial system as if it were meant to redistribute wealth.
The year 2015 will be a turning point in the effort to create a global financial system that contributes to climate safety rather than climate ruin. In July, the world’s governments will meet in Addis Ababa to hammer out a new framework for global finance.
The meeting’s goal will be to facilitate a financial system that supports sustainable development, meaning economic growth that is socially inclusive and environmentally sound. Five months later, in Paris, the world’s governments will sign a new global agreement to control human-induced climate change and channel funds toward climate-safe energy, building on the progress achieved earlier this month in negotiations in Lima, Peru. There, too, finance will loom large.
Let’s put that in plain language: Warmists, and governments, want to transform the world financial system away from capitalism (which, no, is not perfect) toward a Progressive/socialist type system, one which is controlled lock, stock, and barrel by Government. Which would mandate what economic sectors and activity Is Allowed. Along with lots of “carbon taxes”.
Both Big Oil and Big Finance have made major mistakes in recent years, channeling funds into socially destructive investments. In 2015, these two powerful industries, and the world as a whole, can start to put things right. We have within our reach the makings of a new global financial system that directs savings where they are urgently needed: sustainable development and climate safety, for ourselves and for future generations.
More and more Warmists are coming out of the closet in stating their actual goals, which is the destruction of capitalism. Despite the fact that far left economic policies have failed time and time again. But, they do not care. This is about control.
