When things are looking their darkest as failure upon failure is topped only by institutionalized corruption, what does the U.N. do?
A. Clean House
C. Double Down
And the answer is..., wait for it..., C!
The most potent threats to life on earth - global warming, health pandemics, poverty and armed conflict - could be ended by moves that would unlock $7 trillion - $7,000,000,000,000 (£3.9trn) - of previously untapped wealth, the United Nations claims today.
The price? An admission that the nation-state is an old-fashioned concept that has no role to play in a modern globalised world where financial markets have to be harnessed rather than simply condemned.
Then again, expecting central planners to do anything other than advocate central plans is yet another triumph of hope over experience. The proposals laid out in this article are so mind-boggling as to defy coherent fisking -- I especially love the absolutely immense, yet strangley phantom, sums of money that can be "released" if only we will irrevocably sacrifice our freedom to act in favor of the transnationalist utopian fantasy du jour. These people really do seem to believe they can be Masters of the Universe and manage all human affairs for the benefit of all, presumably becuase their hearts are so pure.
Enter at your own risk.