

I am almost certain he believes in it or atleast the many other capitalists he is beholden to do. They pretend it does not exist because it poses an existential threat that is unsolvable through capitalism. They cannot admit to the workers that it is real because fixing it would require deconstructing the system that empowers them.
I meant what I said. Capitalism is a mode of production that is relient on the endless expansion of profit. The company must increase its profits every year in order to deliver them to its shareholders. This endless expansion of profit entails an endless expansion of production which also means increased energy usage. There was hope for the “green growth” strategy but realistically speaking that solution is impermanent. In order to decrease our consumption we must also decrease our production but this is not possible under capitalism.
Oligarchy is just capitalism expressing the control of profit over governance in a more naked way. The superstructure of government is beholden to the material base of capitalism, not the other way around unfortunately.