Mutiny at the Chamber of Commerce2 Comments
It was big news when five of the most prominent members of the US Chamber of Commerce, including consumer Lovemarks Apple and Nike, quit the group due to conflicting agendas on climate change.
The USCC had been evolving
Enter Obama. Along with Obama, enter doubt and reservation about the future of capitalism in a nation launching massive social programs, for green jobs, for health care, etc. In response, Donahue launched a multi-year, multi-million dollar campaignutilities resigned quoth Donahue “Bring ‘em on!”
The campaign, which advocates for free enterprise and job building, takes the firm position that its cause and clean energy development are mutually exclusive.
It’s a “devastating” PR problem, reports Newsweek
Is this a sign climate change has become such a divisive issue that it can ignite the values of corporation to the point that they’ll stick their necks out as environmental policy supporters in order to avoid being seen as climate deniers?
Is it the harbinger of a future in which no traditional marketplace remains to sustain a united front of traditionally-minded blue chip American companies? Otherwise put, when CFO’s are building the price of carbon, or water for that matter, into their financial projections, can anti-climate ideology even continue to exist?hoax Fox News
In this struggle we can see a struggle of much greater proportions taking root. Is the monolith of American growth capitalism splitting? Remember, there are those banks that remained fiscally healthy and want to distance themselves from the crisis. The same might be said now for energy and climate. Which players or industries are far behind? If Obama is ushering in a new economy, maybe even a green economy (with or without Van Jones), which companies will be the paragons of that age. Can restorative capitalism be far behind?