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...Monday, June 7, 2010
1. In yet another reason to keep those shows on the air, reality TV breeds new body ideals. 2. It’ll take a lot of rats to clothe plus-size models in the latest fashion accessory. 3. Encouraging us to keep the weight on, the American Heart Association endorses Nintendo’s Wii. Please put aside your shovel and [...]
Continue reading...Tuesday, June 1, 2010
Actually, to counter singer/songwriter Billy Joel, we did start this FIRE. Not you and me, of course, but our culture. The U.S. industrial economy is all about Finance, Insurance, and Real Estate. The FIRE is about to run its course, extinguished by the absence of fuel in each of those interconnected sectors. The financial sector [...]
Continue reading...Monday, April 26, 2010
Like global climate change, peak oil represents a predicament, not a problem. There is no politically viable solution to either of these great challenges. Political solutions require economic growth, forever, and therefore no significant sacrifice on the behalf of the electorate. Further, the industrial economy is underlain by the assumption of growth: The industrial economy [...]
Continue reading...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...Friday, April 2, 2010
As we continue into the decades-old, but only recently acknowledged era of destruction and extinction, it’s apparent the current model is not working. Truth has fallen and taken liberty with it. A vast majority of Americans are aware the industrial economy clings by the barest of threads but, too fearful of individual retribution to disrupt [...]
Continue reading...Monday, March 15, 2010
My next few essays will concentrate on the cardinal elements of survival: water, food, body temperature, and community. Unless and until we secure these four entities, we will not survive. At the mud hut, our goal is not merely survival. We intend to thrive during the post-carbon era. We relish the opportunity to see the [...]
Continue reading...Monday, March 8, 2010
This essay is rife with the type of self-indulgence I try to avoid, often unsuccessfully. It’s a summary of my life’s story. It begins by insulting the readers, before the end of this first paragraph, and it ends with an unavoidably maundering, self-absorbed synopsis of recent, personal events. I doubt it’s worth your time to [...]
Continue reading...Monday, February 22, 2010
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 because it suckers people into the kind of wishing thinking for which we’ve become infamous [...]
Continue reading...Sunday, February 14, 2010
According to economists, the beauty of globalization is worldwide access to materials and cheap (or free) labor to bring the materials to powerful countries. We provide garbage, pollution, and low wages — or, in the “best” cases we enslave workers — and we obtain materials and finished goods. This is the rising economic tide that [...]
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Thursday, June 10, 2010
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