Les Schaffer just sent me a link to an article by Chomsky that 
contains the following:

Public attitudes are a little hard to judge. There are a lot of 
polls, and they have what look like varying results, depending on 
exactly how you interpret the questions and the answers. But a 
very substantial part of the population, maybe a big majority, is 
inclined to dismiss this as just kind of a liberal hoax. What's 
particularly interesting is the role of the corporate sector, 
which pretty much runs the country and the political system. 
They're very explicit. The big business lobbies, like the Chamber 
of Commerce, American Petroleum Institute, and others, have been 
very clear and explicit. A couple of years ago they said they are 
going to carry out -- they since have been carrying out -- a major 
publicity campaign to convince people that it's not real, that 
it's a liberal hoax. Judging by polls, that's had an effect.

It's particularly interesting to take a look at the people who are 
running these campaigns, say, the CEOs of big corporations. They 
know as well as you and I do that it's very real and that the 
threats are very dire, and that they're threatening the lives of 
their grandchildren. In fact, they're threatening what they own, 
they own the world, and they're threatening its survival. Which 
seems irrational, and it is, from a certain perspective. But from 
another perspective it's highly rational. They're acting within 
the structure of the institutions of which they are a part. They 
are functioning within something like market systems -- not quite, 
but partially -- market systems. To the extent that you 
participate in a market system, you disregard necessarily what 
economists call "externalities," the effect of a transaction upon 
others. So, for example, if one of you sells me a car, we may try 
to make a good deal for ourselves, but we don't take into account 
in that transaction the effect of the transaction on others. Of 
course, there is an effect. It may feel like a small effect, but 
if it multiplies over a lot of people, it's a huge effect: 
pollution, congestion, wasting time in traffic jams, all sorts of 
things. Those you don't take into account -- necessarily. That's 
part of the market system.

full: http://chomsky.info/talks/20100930.htm

As you might recall, I have pondered long and hard the question of 
why the bourgeoisie is "threatening the lives of their 
grandchildren."

I think I understand Chomsky's argument but it still does not 
satisfy me. We do know that the bourgeoisie has been able to 
transcend externalities in the past. Theodore Roosevelt's 
ambitious conservation program was evidence of that (so much so 
that Lenin sought to emulate it in the USSR), as was the creation 
of a public school system that was second to none in the world.

Something else is going on that I can't quite put my finger on, 
but it has something to do with the decline of America as an 
industrial power. Investments in infrastructure and education are 
usually connected with a belief that your own country has a future 
as an economic power. Just look at China's investment in green 
technology.

Perhaps the "shortsightedness" of the American bourgeoisie 
reflects a sense that it has no future as a hegemon?
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