Skip to content →

Politics of Change • Economics of Change • Value of Change

Al Gore

It’s an interesting question. Who has more power to affect climate change: the President of the United States or a new partner at Kleiner Perkins. One way to create change is to make new laws. Another way is to create economic incentives and fund creativity in the business world. Al Gore spent a lot of time trying to change things using the political system, now he’s trying another method. Political solutions always seem to involve sacrifice and high cost to the economy. When a new venture is funded, the expectation is that it’s going to be successful and make money. The fact that it’s a green venture doesn’t make a bit of difference.

It’s a different kind of grass roots politics that Gore’s practicing now. He’s building a constituency in the business world, and by creating value (doing well and doing good) he’ll change more minds than by fighting with politicians. That is, he will if he can show that his portfolio companies can make a buck or two. It’s a large bet, and a very optimistic bet, on the future of human endeavours.

Published in culture economics education innovation money value venture capital