Tag Archive | "capitalism"
Grifter nation
Throughout the blogosphere, pundits are predicting the foreclosure fiasco will be the tipping point. Instead of death by a thousand cuts, this spurting wound will bring the industrial economy to its overdue close, they say. Those of us who care about the living planet should be so lucky. All twelve of us. Let’s ignore the [...]
Continue reading...Balloon seeks pin
Tuesday, September 21, 2010
I speak openly about myriad ongoing collapses, regardless how others respond. Among the costs: Rumors of my insanity have spread beyond the institution I departed and throughout the nation’s hallowed halls. Apparently I’ve contracted a rare disease, which explains the insanity. I can only hope (i.e., wish) it’s not fatal. Further evidence I’ve lost my [...]
Continue reading...A review before the exam
Monday, August 16, 2010
Actually, this review is too late for the many people who have already endured economic collapse. As any of those folks can tell the rest of us, we do not want to receive the lesson after the exam. I’ve written all this before, but I have not recently provided a concise summary. This essay provides [...]
Continue reading...Teetering
Thursday, June 10, 2010
The industrial economy, that is. On the brink, yet again. The real economy — not the born-again exuberance in the world’s stock markets — is stalling as the effects of easy money wear off. Indeed, investor fund flows haven’t been this bad since Lehmann Brothers collapsed in the autumn of 2008. The IMF says risks [...]
Continue reading...Surveying the field and charting a course
Friday, April 16, 2010
It’s all the rage to talk about a double-dip in the industrial economy. That would be an economic trend in the shape of a W. I think an M is far more likely. The assumption of never-ending growth underlies all neoclassical economic assessments, but I think that assumption is about to break up on the [...]
Continue reading...Throwing off the shackles of debt
Monday, March 1, 2010
by Guy R. McPherson, Keith Farnish, Dave Pollard, and Sharon Astyk Indebtedness is a form of servitude, usually involuntary, and, in extreme cases imprisonment. Consider, for example, current rates of interest, usurious compared to what savers earn on their savings in the same banks that charge that interest. Many religious organizations loath interest rates as [...]
Continue reading...Politically viable solutions for peak oil and global climate change
Saturday, January 9, 2010
As I’ve written and said many times, I see no politically viable solutions to peak oil or global climate change. There is simply no way to tell the masses the truth about economic contraction and then get re-elected. Ditto for declining accessibility to fossil fuels even as the human population continues to grow, with every [...]
Continue reading...Fanning imperial embers: Barack Obama channels John Maynard Keynes
Wednesday, December 2, 2009
Who was John Maynard Keynes, and what did he have to say about people, society, and economics?
Continue reading...Can we handle the truth?
Tuesday, November 10, 2009
The International Energy Agency (IEA) released World Energy Outlook 2009 today. Even before the sham was shipped, it was exposed as a big 'ol bucket of lies. Seems the current administration thinks Americans can't handle the truth, so we need to apply some pressure to keep the lid on the facts. If this country's paragon of transparency (i.e., world's leading liar) and master of hope (i.e., wishful thinking) actually trusted the American people, perhaps we could avert chaos.
Continue reading...Economic dominoes continue to fall
Tuesday, October 27, 2009
The property of rich folks has always been more important than the lives of the poor, a fact that will continue to create misery for the "other" 99% of us until the entire industrial economy fails. Personally, I can hardly wait.
Continue reading...
Tuesday, October 19, 2010
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