Uneven Development and COP

The poor countries are a bit verklempt because the wealthy countries are being stingy with their climate finance. I guess there was some expectation they would be willing to share in the name of fairness and equity? Really? I might be missing something but this seems like a profound misreading of global capitalism and its imperatives. Another COP concludes with the so-called "developed" countries putting forth yet another last second proposal, so as to avoid what the media would call a failure. It's a "promise" of some paltry sum of public money which they have no intention of paying ( especially the U.S.) combined with a bunch of loans and some fantasy of private capital filling the gap. The whole premise of the COP negotiations is that "we are all in this together" but nothing could be further from the truth. Some have a great deal of wealth and power and some have shit. Winners and losers. This is not a bug in the system, this is a feature, how it is designed. Will the rich throw out a few crumbs to keep the teeming masses strong enough to labor and allow themselves to feel noble? Sure. But they ain't about to share. Those calling for a "new global finance architecture" believe the rich will be incentivised to pay now because of the threat of paying much more later. In other words, a rational approach. Please. That has never happened before and is unlikely to happen now. As Bruno Latour put it, the rich have no interest in saving anyone other than themselves. Sitting on the top deck of the Titanic, they have reserved all the lifeboats for themselves. The champaign is flowing, the band plays on, Elon is filling spaceships with caviar. I would argue that even those in the bottom berths or working down in the hull reject any notion of "equity". In their understanding it's a competitive world and the rich outcompeted the poor. The natural order, like Darwin and Ayn Rand. The poor countries should take their 300 billion with a smile and a curtsy. Thankyou for your generous largess master. We will try not to squander it, so sorry to trouble you. Eighty years of "developmentalist" programs have led to extreme inequality and massive debt around the so-called "third world". Think World Bank loans, IMF, structural adjustment, neoliberalism. But let's not forget the obscenely rich within those countries. You can ask but I suspect it will take them looking at the barrel of a gun before they cough up any dough.