Andrew Kenny, physicist and mechanical engineer: This is why socialists support minimum wages. They just hate the thought of some poor, lower class businessman (usually a black one in South Africa) becoming an employer. They think only the rich upper classes should provide jobs; hence why only large corporations are capable of pricing in the minimum wage, whereas smaller entrepreneurs would have no hope of complying with it. The heart of socialism is the class system. Whether it is Julius Malema or Vladimir Lenin or Fidel Castro or your Professor of Sociology, all socialists believe they belong to a superior class entitled to rule the inferior classes.
Alex Alexiev, Chairman of the Center for Balkan and Black Sea Studies: There are at least three problems with renewable energy (wind and solar), which are not surmountable. First, it is intermittent i.e. not reliable. Secondly, renewable energy depends on government subsidies and is not feasible without them. Third, the efficiency of solar and wind tech, despite being heavily subsidized, is rapidly approaching the limits of physics, which means that there are no great efficiency improvements to be expected.The renewable energy emperor has no clothes and it won’t be long before everyone can see it.
David Meyer, writer for Fortune: The richest 1% now owns more than half of all the world’s household wealth, according to analysts at Credit Suisse. And they say inequality is only going to get worse over the coming years, with millennials having a particularly tough time. Essentially, millennials are more likely to be unemployed or earning less, priced out of the housing market, and unable to get a pension. Baby boomers have most of the wealth and the housing, so “millennials are doing less well than their parents at the same age.”
Christiana Figueres, United Nations official admitted that the Global Warming conspiracy set by the U.N.’s Framework Convention on Climate Change, of which she is the executive secretary, has a goal not of environmental activists to save the world from ecological calamity, but to destroy capitalism.