Quotulatiousness

February 2, 2024

“Who funds you?”

Filed under: Britain, Business, Media, Politics — Tags: , , , , , — Nicholas @ 03:00

Tim Worstall considers George Monbiot (lovingly known as “The Moonbat” to early bloggers) and his demand that others make their sources of income transparent to show whether their opinions are being “bought” by shady interested parties:

George Monbiot has his positive attributes. His change of mind on nuclear power in the face of the evidence from Fukushima — that no one at all died from three reactors going pop, while 15k and more did from the tsunami and therefore he became in favour of nuclear — is an example. OK, that’s rather hitting someone over the head with a cluebat but it’s also true that Caroline Lucas didn’t manage to note that same point. So, there is that. Even if “more aware of reality that Caroline Lucas” is a low bar to have to clear.

George can also rather dig himself into holes. As he is here with his insistence about funding of varied think tanks and so on.

And, OK, let’s go look at George’s registry of interests […]

OK, that’s the sword that George declares he’s going to live by. Fair play and all that.

Except, except. Last year was pretty good, book royalties flowing in and more power to that typing. The core earning is The Guardian, royalties on top. Not unusual for a writer to be honest. Gain a core contract that produces an ongoing and assured income, spend time floating books or other work out there to see what happens to income. Freelancing is certainly a great deal more fun if you already know where the monthly nut is going to come from with such a core contract.

But, but.

Book royalties, umm, Penguin? Used to be part owned by Pearson, also at the time owners of the Financial Times. So that’s a connection into the shadowy world of international capitalists. It’s now Bertelsman, so foreign international capitalists to boot. Macmillan? They admitted to bribery in Sudan over a school books contract. So a link to international thieving capitalists too. HarperCollins? That’s Murdoch, no more need be said, right?

But, but, a reasonable response would be that this is all far removed from the level George works at. That would be a fair enough response too.

But note the thing here. By agreeing that there’s some level of connection which is too ephemeral to matter we are agreeing that this thing called the corporate veil exists. We can indeed don the tin foil hats and connect near anything we want. Pretty much all Europeans are 16th cousins for example. So I — and George — am/are responsible for WWI because we’re both related to the Kaiser, Emperor and Tsar all at the same time. It’s our family wot dun it, see? Within economic connections that concept, that there’s this thing ‘ere which is responsible not the further connections away from that, is called that corporate veil. I shop at Sainsbury’s sometimes. The Labour Minister husband of a Sainsbury’s heiress employed two butlers (before dumping her for his boyfriend if memory serves). It’s possible to claim that I therefore fund dual butlership but it’s not a claim that all that many are going to regard as valid.

But The Guardian, that core contract. The newspaper seems to have returned to profit recently but there was a decade or so there where it was losing tens of millions a year — and more in some 12 month periods. Those losses were covered by the profits from Autotrader more than anything else. So, George was funded by the facilitation of climate destruction through the trade in internal combustion engined cars.

If, you know, we wanted to put it that way.

1 Comment

  1. It turns out that I misunderestimated George’s prominence to the early blogosphere … he was commonly referred to as “The Great Moonbat”. Quotulatiousness regrets the error.

    Comment by Nicholas — February 2, 2024 @ 18:35

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