Nullification of A Compact by Marc Zegan on Facebook:
Donald Trump’s decision to exit the Paris Climate Accords represents a profound, but unsurprising misunderstanding of the nature and effective resolution of an important class of collective action problems. This misunderstanding was evident in the President’s characterization of the Accords as a “transaction,” when most pointedly, like other durable multi-party agreements, the accords are a compact–a far different entity from a transaction. It is not surprising that Trump would understand such an agreement as a transaction because his world view is framed entirely through the lens of a business executive who, for five decades, has ruthlessly and with guile pursued his narrowly conceived self-interest. This transactional perspective also explains why Trump is determined to undo our collective alliances and to exit treaties–whether they be on trade or the environment–that have multiple signatories. Continue reading Analysis of Trump on Climate change & other Compacts