What are the causes and consequences of expensive oil? The first question is posed in this article, and answered surprisingly well by a neoclassical economist. He understands the relationship between the price of oil and economic growth, and he hints…
Prescription for the Planet was written by Tom Blees and published in 2008. It was recommended to me, with a strong sense of urgency, by a couple friends. It is written in a very compelling style, which is too bad…
Nine more banks failed last weekend, bringing the year’s total to 115. Along with the banks, one of the largest companies in the country declared bankruptcy, further evidence every large entity in the world will go down with energy availability. Small businesses are joining the fiesta, declaring bankruptcy like Zimbabweans, and the mother of all carry trades is headed for a collapse the size of hell and half of Montana.
Balance is a central tenet of Buddhism, foundational to the four noble truths and the eight-fold way. Balance is a superb notion and I strongly support, for individuals at least, balance, moderation, and many other principles of Buddhism. Indeed, had Buddhism found roots in this country a couple hundred years ago, we probably would have avoided, or at least delayed, the series of catastrophes we now face. But with fewer than one percent of the American population dedicated to Buddhism, it’s a little late for balance and moderation to work their magic at the scale of this country, much less planet Earth (as if even one percent of Americans give a damn about planet Earth).
I just finished reading T.C. Boyle’s 2000 novel, A Friend of the Earth. A retirement gift from a long-time friend and colleague, the book describes one man’s futile attempts to save the living earth and the consequences of his failure.
A Friend of the Earth is set in 2025-2026, with frequent flashbacks to 1989 and 1990. In this tale, the industrial age has not reached its end, and the consequences are truly horrific. The effects of habitat loss for many species, along with climate change, have produced a badly overpopulated planet that alternates between madly monsoonal and hellishly hot. The book echoes Jonathan Swift’s classic writings from three centuries ago: People are living a long time, relative to today’s standards, but their lives are truly miserable.
The lamestream, corporate media are finally beginning to spread the news about peak oil, though they’ve been remiss in pointing out the ramifications. And, as with global climate change, they’re too late to this party to do much good, if any.