Trailplodder

Over the past few months, BlackRock and other major investment firms have abandoned their commitments to green investments, saying explicitly that it's not profitable enough. Yes, renewables are cheap... but they are not nearly as profitable as fossil fuels. We need to understand that this puts us in an extremely dangerous situation. Keep in mind that these investment firms control the surplus that *we* collectively produce. And yet, we have zero say over how it is invested. Instead, our ruling classes invest it in whatever is most profitable to them. So they continue to invest in fossil fuels and other damaging activities, knowingly sabotaging our future, even while the world burns around us. All of us should be outraged by the madness of this arrangement. We can solve the climate crisis quite easily - we know what to do and we have the capacity to do it. And yet we are prevented from investing in the necessary changes. I cannot emphasize this enough: the correct response is to bring these firms under public control so that we can mobilize investment — of *our* surplus, remember — toward achieving democratically ratified social and ecological objectives.