We live in the world that David Koch helped build, and it is on fire, writes onesarahjones
Photo: Phelan M Ebenhack/AP/Shutterstock By the time he died on Friday at the age of 79, David Koch was worth $42.4 billion. He will be remembered for what he did with it. Some people will probably praise his charitable spirit, perhaps even his support for criminal-justice reform, or his skepticism of military intervention. “The vast bulk of Koch’s philanthropy was not political,” Brian Doherty noted in an obit for Reason magazine.
Koch, who ran for office on the Libertarian Party ticket in 1980, helped funnel billions into climate-change-denying organizations for decades. His motivation wasn’t a mystery: He did it because he was greedy. Political action to arrest climate change threatened Koch’s business interests. His family originally made its money in oil and gas, and Koch Industries, as Tim Dickinson laid out in a 2014 piece for Rolling Stone, is one of the biggest polluters in the U.S.
But what’s bad for workers tends to be good for the Kochs. Unions cut into a corporation’s bottom line; they make it slightly more difficult for lowly businessmen to purchase Park Avenue penthouses worth millions. The same principle of self-interest applies to one of David’s pet projects. Through the Americans for Prosperity Foundation, which he founded, the family fortune helped mobilize the tea party movement.
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