by Lothar Luken. Just had a crash, wrote off two cars. Now where's my medal for stimulating the economy? Two replacement cars have been bought; one driver seen by a doctor; an assessor coming to inspect the wreckage; state keeps motor tax for the old cars; insurance (UK-based!) pays scrapper for wreck crushing. Nice stimulus package - according to official theory.
The report Tipping Point: Near-Term Systemic Implications of a Peak in Global Oil Production, by David Korowicz of Feasta and the Risk/Resilience Network, is now available for download. The report argues that the defining dynamic of our civilisation is the withdrawal of energy from a complex and integrated system adapted only to growing. A managed “de-growth” is impossible; what is required is rapid emergency planning coupled with a plan for longer-term adaptation. …
David Korowicz documented the disturbing growth in the complexity of trade and financial networks and in the various types of infrastructure. He sees the collapse process as a system of re-enforcing feedbacks that cut investment in energy and R&D and cause supply chains and IT networks to break down.
Richard Douthwaite looked at the problems created by the availability of cheap energy. He believes it shaped capitalism and our monetary systems, led manufacturers and farmers to adopt unsustainable technologies, and permitted a six-fold increase in the human population while creating a concentration of power and wealth in very few hands.