Can the Wealthy Have A Separate Peace? – Revisited

I normally don’t mix with millionaires, but through “6 degrees of separation” circumstances I found myself in an extensive and personal conversation with a wealthy and highly connected person. He knew that I was “preparing” for economic decline, including skills in household self-reliance.

As the conversation evolved and took various twists and turns, he eventually proposed that a business helping the ultra rich establish “lifeboats” would be both lucrative and timely, and that I might be especially qualified. Imagine the family of an investment banker being plucked from their rooftop helipad in upper Manhattan to a prepared enclave in the country, while watching burning tires and broken glass 40 stories below. They could end up in upstate New York, or in a more exotic place like their personal island in the South Pacific.

He then named about a dozen families on the Forbes list of billionaires who have already prepared for doomsday on a spectacular scale, including multiple geographic options. These were the early adopters, I was assured, and now a second and much larger wave will be in need of professional advice and on-the-ground know how.

Of course I would need to have a well-recognized partner in the armed security business, such as Blackwater. There would be guarded walls, prime farmland, renewable energy systems, stockpiles of essentials, fallout caverns, as well as necessary amenities like tennis courts and pools. Presumably, beyond the walls would be squalor, misery and violence.

I called a friend who had a career in high finance on Wall Street to get his perspective on my encounter. He had a similar story to tell—many (not most) of his old connections were thinking about financial collapse and some about personal security. He said it made sense. The people who made big money have highly competitive personalities and are likely to reason that if money doesn’t work anymore they will need to directly take the resources that money used to buy. They are ambitious, bold, and often ruthless, traits that served them well in a society where success is measured in pecuniary conquests.

Obviously, a vast chasm exists between the attitudes and strategies of a ‘separate peace’ for the wealthy and that of institutions like the Post Carbon Institute, the Transition Town Initiative, and sustainability in general. We are an extremely variable species – the spectrum between cooperation and competition varies greatly not only among individuals but among groups of individuals.

I must admit, this experience took me a bit by surprise. I was unaware (a) that these sort of ‘high level’ retreats were being built, and (b) of the utter disregard, almost contempt for the common man and woman I witnessed. Even so, I found myself wondering if my new friend was correct about the direction of the future, and whether it might be smart of me to acquiesce, and position myself for the “inside” rather than the “outside” of the walls being built.

So I emailed The Oil Drum. What does the Campfire think?
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Some questions.

Do the highly ambitious and wealthy have a different understanding of “human nature” than the more egalitarian and communitarian minded? Are these different views the result of scientific understanding of human nature or from whom one tends to associate with?

Will enclaves of extreme wealth be built on a massive scale? Will they succeed in protecting their inhabitants? Are they “moral?”

Are we in a situation that could be termed “disruptive selection” where hyper individuality and hoarding OR highly cooperative behavior and equity might succeed?

Can we identify forces that would send societies one direction or another, and places more or less likely to take a particular path?

Is there a middle ground between these alternate views/strategies, for example, personal wealth being used to transform a village or town, i.e., build an inclusive lifeboat based on essential needs short of tennis courts and swimming pools?

5 Comments on "Can the Wealthy Have A Separate Peace? – Revisited"

i on Sun, 8th Aug 2010 9:18 pm 



Such retreats might work – for a while.

In the end, nothing is defensible forever. Siege tactics, poison gasses, missiles. As for Blackwater (et. al) mercenaries, well, loyalty isn’t their strong suit, eh? They’ll go whichever way the wind blows.

It’s not the middle ages. All the wealthy have purchased is a false sense of security.

That being said, I understand feeling the need to prepare against the unprepared. If I have my nice sustainable cottage in the woods set up ahead of time, I won’t welcome the starving hoards breaking into my larder either. Does this show contempt, or a desire to survive?

As for the wealthy taking “direct control” of resources, I wouldn’t worry too much. These guys trained in an environment very different from that which will exist in a post collapse world. Don’t fear them. Fear your local sheriff, your local national guard commander, or the local motorcycle “club.” The rich fellow with the doomstead in upstate new york won’t last long against the local national guard with working military weapons operated by war vets.

Wessman on Sun, 8th Aug 2010 10:41 pm 



The Old Testament profhet Isaiah talked (chapter 24) about a future world where the world was layed waste, the ecosystem and natural resources destroyed. The reason this to happen was that humans missbehaved (refering to Adam, who was ordered to steward the earth). And already in verse 2 he talks about how no one escape. It does not matter if you are rich or poor, slave or free, no one will escape.

This was written 2500 years ago, at a time when our emediate future was something very remote. But I think he was right. When his profecy gets fullfilled (within a few decades now) you won’t find a way to escape.

Wealth may save you from Peak Oil, you will still be able to buy stuff with cash. But when climate change sets in (see Russia for a current day example) money will become worthless. What do they do then, after their stockpile has run out, and when their mecenaries fight for them selves? Hand out worthless green paper slips?

KenZ300 on Mon, 9th Aug 2010 1:46 am 



Will these billionaires use their corporate power to help support the transition to alternative energy?

How will a planet struggling to support 6 billion people has the resources to support 8 billion people?

Limited resources and ever expanding population growth will collide with bad consequences for all.

Wheeldog on Mon, 9th Aug 2010 12:32 pm 



Most of the super wealthy got that way by being alert to changing circumstances, accurately interpreting available information and taking advantage of opportunities. Undoubtedly many of them are fully aware of unfolding shortfalls in energy, food, fresh water, and other essential resources. They can call upon the best minds and expertise available to advise them as to possible options to protect and provide for themselves and a select “inner core” of friends and family. Hedging your bets is a time honored tradition with the super rich. As the system continues to disintegrate those who have prepared will quietly withdraw from the public arena to well stocked and secure retreats.

Wheeldog on Mon, 9th Aug 2010 2:18 pm 



Just realized that the first picture in this article was taken on the island of Maui.