If billionaires could suddenly gain immortality, would the world's governments finally act against climate change?
I'm pretty sure they would. It's not like they'd like to see their seaside properties go underwater within their lifetimes.
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I don't think so. Climate change is not a big threat for the rich. Actually they can even gain benefits from it, as it will push inequality to new heights.
I don't think the billionaires' investments are going to be worth billions if the global economy collapses.
I think relative values mean more than absolute for them. They just need to keep their position as the richest people in the world even in absolute sense they will lose. Money itself expresses relative values. So billionaires will continue be billionaires.
We hoi polloi think in money numbers and what we can afford to purchase. For the Capital Class, it's all about power. Money is just how they keep score.
Billionaires don't care about the economy. What matters is whom owns the means of production. And in today's age, whom owns the means of ideology production.
Being g a saint to a group of bullies is worth everything.