New scientific research is quietly rewriting the fundamentals of economics, showing decisively that the age of endlessly growing industrial capitalism, premised on abundant fossil fuel supplies, is over. The long-decline of capitalism-as-we-know-it, the new science conclusively shows, began some decades ago, and is on track to accelerate well before the end of the 21st century.
Richard Heinberg writes: Over the past century-and-a-half, fossil fuels enabled the rapid growth of resource extraction, manufacturing, and consumption; and these in turn led to population increase, pollution, and loss of natural habitat and hence biodiversity. Our core ecological problem is not climate change. It is overshoot, of which global warming is only a symptom.
Even when we question the personal impacts of modern technology, how many of us consider how our dependence on technology might be harming us? Or question the belief that technological advances will save us from our most pressing environmental and societal challenges? Richard Heinberg tackles this thorny issue in this brilliant essay and animation feature.
It is not often that an article about climate change becomes the most hotly debated item on the internet. But David Wallace-Wells’ lengthy essay published in New York Magazine did exactly that. The full text of the essay –admittedly a worst-case scenario- which has kicked up a firestorm of debate online, along with selected responses.
From Forbes Magazine: With all of the knowledge of future mapping, do the world’s financial leaders know something we don’t? Consider how many of the richest families have been grabbing up massive amounts of farmland around the world. All property far away from coastal areas and in locations conducive to self-survival, farming and coal mining.
Richard Reese writes: In ‘Scarcity: Humanity’s Final Chapter?’ Christopher O. Clugston analyses 89 key non-renewable resources that are essential to the existence of our industrial global society, and finds that 63 of them have peaked globally. His conclusion is that the only possible outcome for a society that is dependent on these resources, is collapse.
This review by Alice Friedmann of Nafeez Ahmed’s new book has 3 parts: 1) Why states collapse for reasons other than economic and political 2) How Bio-Physical factors contribute to systemic collapse in Syria, Yemen, Iraq, Saudi Arabia, Egypt, Nigeria 3) Predictions of when collapse will begin in Middle-East, India, China, Europe, Russia, North America
The 2017 Center For Progressive Urban Politics Summit brought together an amazing panel that consisted of John Michael Greer, James Howard Kunstler, Chris Martenson, Frank Morris, and Dmitry Orlov. In this video, the panelists talk about global issues ranging from politics, the economy, the food we eat, immigration, labor, poverty, minorities, war, and much more.
From Countercurrents.org: Human cultural evolution can be regarded as an enormous success in many respects. However, thoughtful observers agree that civilization is entering a period of crisis. As all curves move exponentially upward: population, production, consumption, etc, one can observe signs of increasing environmental stress, while the existence of nuclear weapons threaten civilization with destruction.
The New Yorker reports: Survivalism, the practice of preparing for the collapse of civilization, tends to evoke a certain picture: eg. the religious doomsayer. But in recent years survivalism has expanded to more affluent quarters, taking root in Silicon Valley and New York City, among technology executives, hedge-fund managers, and others in their economic cohort.
Nafeez Ahmed writes: A new research study by HSBC on global oil supply shows that the bulk of the world’s oil production has peaked and is now in decline. Welcome to a new age of permanent economic recession driven by our ongoing dependence on dirty, expensive, difficult oil — unless we choose a fundamentally different path.
The final stages of capitalism, Marx predicted, would be marked by global capital being unable to expand and generate profits at former levels. Capitalists would begin to consume the government along with the physical and social structures that sustained them. These assaults would destroy the host. This final stage of capitalism is what Trump represents.
We face awesome global environmental challenges. Climate change, food production, overpopulation, the decimation of other species, epidemic disease, acidification of the oceans. Together, they are a reminder that we are at the most dangerous moment in the development of humanity… Now, more than at any time in our history, our species needs to work together.
Please don’t read this unless you are feeling strong. This is a list of 13 major crises that, I believe, confront us. From Trump to climate change, this multi-headed crisis presages collapse. And there’s no hope of exiting the ‘other side’ if political alternatives are shut down. Sorry to say that it’s not happy reading.
Donna Harraway: I’m going to propose that the Cthulucene might be a way to collect up the questions for naming the epoch, for naming what’s happening in the airs, waters, and places, in the rocks, oceans, and atmospheres. Perhaps needing both the Anthropocene and the Capitalocene, but offering something else, something just maybe more livable.
Ugo Bardi writes: Their oversized antlers were beneficial for Irish Elk males in sexual competition. However, the weight of the antlers was also a burden and it has been argued that it was perhaps the main reason that led to the extinction of this species. With humans, we may consider language to be the same.
In this article, Sagar Dhara examines Capitalism’s crucial tipping points: The first, the impending energy and natural resource crisis, related to the sourcing of raw materials. The second, inequality, related to the production of goods and services. The third, global warming, which is related to greenhouse gas emissions (GHGs) in excess of the earth’s sink capacity.
Chris Martenson writes: The data seems to confirm this: Humanity is not going to painlessly wean itself off of fossil fuels. Instead, we will hit some sort of a wall: a food/population crisis, a climate crisis, or a debt/fiscal/economic crisis. Each of those candidates has its roots in our global society’s addition to fossil fuels.
Virtually everything in our homes, everything in our stores, got there on a truck. Prior to that, 90 percent of those items were transported on a ship and/or a train. If trucks, trains, and ships stopped running, our global economy and way of life would stop too. Alice Friedemann’s new book examines precisely this prospect.
AUTHOR Prof. Mark Lindley, University of Hyderabad School of Economics DESCRIPTION/EXCERPT The galloping environmental degradation is complicated. Let me distinguish seven aspects of it, as a step toward developing a comprehensive understanding of it. (Some of these seven are closely linked to each other in a cause-and-effect or overlapping way.): 1. Renewable natural resources being