Peak Capitalism
Monday, January 5th, 2009
Jay Hanson is the Paul Revere of the Peak Oil Story. His view of
reality is
occasionally quite dark, but there is always a lot of truth to be
found by examining his viewpoint.
As you may know, the Greeks and the Chinese were intrigued with the
word and concept of CRISIS.
The Greeks said that CRISIS was always filled with danger, but there
was opportunity if you saw
a better way.
The Chinese combined the
ideogram for danger and the
ideogram for opportunity
together to form
the new ideogram for CRISIS.
Most of us are beginning to see the danger of our present crisis, but only a rare few of us have noticed any
opportunity.
Jay is putting together a new study group to seek a solution to this crisis. He is seeking the opportunity in this crisis. The stated mission and goals
seem laudable. Take a look and see what you think. It might be quite
interesting.
In the following invitation, Jay Hanson invites thinkers to join him in finding a solution to the financial crisis of 2009:
PEAK
CAPITALISM:
Capitalism died
on, or about, 2007
(production
fell with prices climbing!)
Oil
prices roses in 2007 with Brent gaining $7 a barrel (11%) to average
$72.39 for the year, but global oil production fell by 126 thousand
barrels per day, or 0.2% to 81.5 million barrels per day! In July and
August of 2008, while oil prices were still very high, global crude
oil production fell nearly one million barrels per day! M.K. Hubbert
was right.
Capitalism
is dying.
“Peak
oil” now limits global economic growth (in the physical sense) and
any attempt to surpass previous levels of global economic activity
will cause oil prices to spike again, driving the world back into a
recession. Moreover, no viable alternative exists to replace
petroleum. [1]
On Jan.
14, 2009, the “Killer Ape” Yahoo group will initiate a discussion
based on the assumption that President Obama will ask us for advice
on how to form a new “sustainable” (one that will last last
longer than 1k years) way of life here in the United States to
replace moribund capitalism.
When the
first free trade episode
(1846-79) ended, it led to WW1 & WW2. [2]
Our leaders realize that 2007 marked the end of the second
free trade episode and are concerned that it could lead to
WW3. We are pretending that our new president will take our advice,
and that he has the absolute power to do anything he feels is right.
We will
begin with a discussion of background material from Plotkin’s
EVOLUTIONARY THOUGHT IN PSYCHOLOGY. [3]
We will spend up to two weeks on Plotkin’s material so we all can
understand the basics of human thought. Then we will move on to
designing our new “sustainable” society.
Where
would we start? First, we need a definition. Here’s one for
discussion:
A
“sustainable society” is one that intentionally limits both
consumption and population to stay within its territorial “carrying
capacity.”
The
preceding definition seems like a reasonable, simple definition. But
what’s “carrying capacity?”
“An
environment’s carrying capacity is its maximum persistently
supportable load (Catton 1986).”
Footprint
analysis [4] shows us that the United
States is over carrying capacity. In other words, we cannot support
our present way of life with our own natural resources. To be
sustainable we must live a less wasteful lifestyle or lower
population, or probably both.
We
will look at HUBBERT’S
PRESCRIPTION FOR SURVIVAL,
by Robert Hickerson http://www.hubbertpeak.com/hubbert/hubecon.htm
and my SOCIETY
OF SLOTH http://www.warsocialism.com/unnecessary.htm
Do we
really need a new economics? If “economics” is invariably
“political,” why isn’t it called “politics?” Are economists
simply trying to avoid responsibility for their political activity?
We will
look at the work of William Ophuls. What were his suggestions? How do
they hold up in light of evolutionary psychology?
Did Marx
and company have any good ideas worth incorporating into our new
political system? Do we have anything worth saving in our present
form of government?
One of
our tasks will be to understand what is “natural” (supported by
genetic material) and what is “not natural.” Obviously, any
social system that doesn’t account for genetic algorithms will fail.
For
example, the desire for “private property” (things) is natural,
but the desire for unlimited amounts of fiat money is obviously a
social construction. That’s more-or-less what Locke said, and I
believe he was correct.
The
desire for higher social status is genetic but culture largely
determines how high status is achieved (e.g., Potlatch ).
http://www.ecologyandsociety.org/vol2/iss2/art11/#Abstract
Perhaps
if people were limited to only the “things” they could
comfortably place on a standard house lot – AND those things were
constructed for durability – AND advertising in the mass media were
banned (or something like that) – AND we completely redid our food
production systems – AND (several other things we will think of once
we get started…), then perhaps a sustainable society could be
constructed.
Obviously,
the difficult part will be human nature. If we can identify a few key
sustainability principles that can be accepted by realistic people,
then the rest will be easy to imagine.
Our
discussion concerns “theory” only!
We are not going to discuss
implementation!
Language
that promotes violence will not be tolerated!
I
am making the starting date for our new discussion Jan. 14. I hope
you all will do your homework. If you are already a member of the
killer ape list, you do not need to resubscribe. If a new person
wants to join my list, they must send me a message at
http://www.warsocialism.com/j.htm
After
On Jan. 14, no new people will be added to our list!
Once we
get going, I WILL allow constructive criticism, but I WILL NOT allow
sarcasm and pointless bitching. I will not allow talk promoting
violence! If you don’t want to contribute, then just keep quiet.
Do your
homework,
Jay Hanson
[1]
http://sfbayoil.org/sfoa/myths/index.html
http://www.energywatchgroup.org/fileadmin/global/pdf/EWG_Report_Coal_10-07-2007ms.pdf
http://www.warsocialism.com/rr-jhanson-16kbps.mp3
[2]
“By the end of the seventies the free trade episode (1846-79) was
at an end; the actual use of the gold standard by Germany marked the
beginnings of an era of protectionism and colonial expansionÖ the
symptoms of the dissolution of the existing forms of world economy -
colonial rivalry and competition for exotic markets – became acute.
The ability of haute finance to avert the spread of wars was
diminishing rapidlyÖ For another seven years peace dragged on but
it was only a question of time before the dissolution of nineteenth
century economic organization would bring the Hundred Years’ Peace to
a close.” [p. 19]
The origins of the cataclysm lay
in the utopian endeavor of economic liberalism to set up a
self-regulating market system.” [p. 29] THE
GREAT TRANSFORMATION, Karl
Polanyi; Beacon, 1957;
http://www.amazon.com/exec/obidos/ASIN/0807056790/
http://www.warsocialism.com/polyani.htm
[3]
http://www.amazon.com/Evolutionary-Thought-Psychology-Blackwell-Histories/dp/1405113782/
[4]
http://www.footprintnetwork.org/en/index.php/GFN/page/footprint_for_nations/ (01/05/09)
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