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Global Warming and the End of Capitalism

Discussions about the economic and financial ramifications of PEAK OIL

Re: Global Warming and the End of Capitalism

Postby americandream » Sun 12 Jan 2014, 19:25:49

$this->bbcode_second_pass_quote('vtsnowedin', '')$this->bbcode_second_pass_quote('americandream', 'I')f we are going to survive and prevail on this planet, this system will have to go. I see too much in my daily corporate life to have vtsnowedin's optimism.

I'm not all that optimistic. There are major upheavals ahead and the government structures and leadership currently in place are ill prepared to meet the challenge. On the other hand trashing the capitalist portions of our economy and moving to a more socialist system would in my view be a catastrophic failure. Better to work on fixing the corruptions and inequalities in the existing system then to start over with a system that has always failed in the end.


We don't have the resources. Which bit of that is so hard to understand. Capitalism is not about the guy in the corner store sellling home made crafts. Capitalism happens in the trillions at the coal face of the liquidity market and to make it work, there has to be accumulation and it is a zero sum game. I see it everyday on my charts. Thats how I make a living.

If we don't act now, chaos will compel us.
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Re: Global Warming and the End of Capitalism

Postby vtsnowedin » Sun 12 Jan 2014, 20:23:50

$this->bbcode_second_pass_quote('Lore', '')$this->bbcode_second_pass_quote('vtsnowedin', '
')Considering the number of years Democratic Liberals have been in power post WW2 and the socialist programs they have put in place the United States is now very far from a true Capitalist system. We now have fifty percent of the population taking out more then they are putting in a condition that can't go on indefinitely.


Got a reference for this, or is it just a feeling you have?
Well there is this.
http://townhall.com/tipsheet/christiner ... e-n1731984
And in addition to that you have 60 million Americans drawing Social security or Veterans retirement.
95% of the gains from the economic recovery have gone to the richest 1% of people, they own over 46% of the global economy. Per capita the wealthy are consuming more precious resources then any poor person could ever imagine.
http://in.reuters.com/article/2013/10/0 ... MD20131009
A rich person doesn't consume all the wealth they acumulate. You can only eat so many meals a day. Most of their wealth is reinvested in the economy and is what keeps the economy going. Quanative easing excepted. $this->bbcode_second_pass_quote('vtsnowedin', '
')What of it? If a Twitter dude sells everyone in America a product they want at $10.00 profit each and makes $3,500,000,000 who got poorer? The customers got the use of the App and twitter dude gets what's left of the money after the IRS gets it's cut.


I have no idea what your point is suppose to mean? I'm describing disproportionate wealth as a class, not somebody that hits the lotto, or makes the next best toy that everyone has to have. You're just agreeing with what I already was admitting to as being irrelevant to the discussion.

When you have a small group of people absorbing huge amounts of capital they can make some hefty expenditures, but none of that equals anywhere near to what would be spent if that money were to be spread out among the masses. For instance Mitt Romney was asked how many cars he drives. He answered by saying two for himself and two for his wife. His income is around 20 million a year, most of which is from unearned income. If that money were divided by the average working wage it would equate to public ownership of over 400 autos. Regardless of politics, disproportionate wealth if anything is dragging down the economy.
Mitt has better things to do with his money, better even than what the government dose with the share he gives them. We need less auts not more. $this->bbcode_second_pass_quote('vtsnowedin', '
') So we surviving capitalists will learn or relearn to live without them and the end of their use will return the environment to where it was eventually.


I'm pretty sure there will be people long after capitalism surrenders.

No as long as there are two people left and a meal that needs to be aquired there will be capitalism. :roll:
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Re: Global Warming and the End of Capitalism

Postby radon1 » Mon 13 Jan 2014, 20:03:35

$this->bbcode_second_pass_quote('vtsnowedin', '
')No as long as there are two people left and a meal that needs to be aquired there will be capitalism. :roll:


One will be enough. He will pay to himself for his meal with his own fiat currency and, being a monopolist, will earn hefty profit.

And even when nobody is left, there still will be capitalism. As it is stupid not to have capitalism just because everyone is gone.
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Re: Global Warming and the End of Capitalism

Postby Lore » Mon 13 Jan 2014, 20:33:46

$this->bbcode_second_pass_quote('radon1', '')$this->bbcode_second_pass_quote('vtsnowedin', '
')No as long as there are two people left and a meal that needs to be aquired there will be capitalism. :roll:


One will be enough. He will pay to himself for his meal with his own fiat currency and, being a monopolist, will earn hefty profit.

And even when nobody is left, there still will be capitalism. As it is stupid not to have capitalism just because everyone is gone.


It's never crossed his mind that the last bread broken between two people might just be charity.
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Re: Global Warming and the End of Capitalism

Postby americandream » Mon 13 Jan 2014, 21:39:13

$this->bbcode_second_pass_quote('radon1', '')$this->bbcode_second_pass_quote('vtsnowedin', '
')No as long as there are two people left and a meal that needs to be aquired there will be capitalism. :roll:


One will be enough. He will pay to himself for his meal with his own fiat currency and, being a monopolist, will earn hefty profit.

And even when nobody is left, there still will be capitalism. As it is stupid not to have capitalism just because everyone is gone.


:lol: Poor sod confuses himself between a trading merchant (mercantilism) which can even be found in tribal societies (early socialism) and the capitalism I am familiar with as a day trader.

Having said that, for sure, forms of mercantilism (appropriate for the resource base) will persist when capitalism collapses.
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Re: Global Warming and the End of Capitalism

Postby Keith_McClary » Tue 14 Jan 2014, 01:45:45

$this->bbcode_second_pass_quote('Serial_Worrier', '')$this->bbcode_second_pass_quote('americandream', 'O')h well, this really does wrap it up for me. One cannot reason with the something out of nothing crowd.


The PC and iPhone are examples of "something out of nothing". Pure imagination made these possible. Don't underestimate the ingenuity of the human spirit in challenging times! We will get through this comrade!
Now, if the pure imaginative ingenuity of the Capitalist human spirit could conjure an edible iPhone out of nothingness, our problems would be solved. Even if it was combustible (without too much toxic emissions) that would be good. If it is just a useless brick after its short lifetime, well, we could still use it as a ... brick.
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Re: Global Warming and the End of Capitalism

Postby Keith_McClary » Tue 14 Jan 2014, 02:12:30

$this->bbcode_second_pass_quote('KaiserJeep', 'M')y point would be, that is how things work. Capitalism recognizes the actual nature of humans and layers a system on top of that nature. It is the only economic system that is successful in large countries over significant periods, because it never asks anyone to go against their true nature.

I have all due respect for the Buddha, Christ, and other prophets/philosophers. But I have to note that none was especially successful at changing basic human nature. Capitalism does not attempt to change the nature of mankind, it simply recognizes what it is and works with it.

I believe that all attempts to change the nature of man are doomed to failure. The end result of the fossil fuel boom may be a species with a new set of sensibilities and beliefs, after the boom ends and more people die than have existed in the world before. The coming mass extinction of humanity is an example of the scale of event that will kick evolution into high gear. The Four Horsemen will reap humanity, the few survivors will either evolve into wiser creatures or devolve into brutes.

Either way, change is coming. But it will never be true that absent an acute survival crisis, people will implement the impractical and unworkable schemes of an obscure philosopher (pick any of them) in defiance of their animal nature.

Nature is cruel, as they say.
You keep saying "successful" - you seem to mean maximum consumption of resources, which, given your notion of the "nature of man", you say will result in the "mass extinction of humanity".

Maybe I am misunderstanding you, how do you define "successful"?
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Re: Global Warming and the End of Capitalism

Postby ralfy » Tue 14 Jan 2014, 04:20:23

$this->bbcode_second_pass_quote('vtsnowedin', '
')A Capitalist system can shrink as well as it can expand depending on prevailing conditions. This adaptability will allow many capitalist to survive while socialist citizens starve waiting for central government to provide.


That's obvious due to business cycles, but the long-term trend line is upward. That's why GDP, production, consumption, money supply, population, etc., have been going up globally for several decades.

The catch is a combination of three predicaments: debt, peak oil, and environmental damage coupled with global warming.

That's why capitalists won't survive: capitalism relies on increasing production and consumption of goods for more profits. Even financial speculation leading to more credit requires the same.
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Re: Global Warming and the End of Capitalism

Postby ralfy » Tue 14 Jan 2014, 04:25:28

$this->bbcode_second_pass_quote('vtsnowedin', '')$this->bbcode_second_pass_quote('americandream', 'I')f we are going to survive and prevail on this planet, this system will have to go. I see too much in my daily corporate life to have vtsnowedin's optimism.

I'm not all that optimistic. There are major upheavals ahead and the government structures and leadership currently in place are ill prepared to meet the challenge. On the other hand trashing the capitalist portions of our economy and moving to a more socialist system would in my view be a catastrophic failure. Better to work on fixing the corruptions and inequalities in the existing system then to start over with a system that has always failed in the end.


How do you minimize corruptions and inequality when the very entities that control the global economy will disagree with you? And I'm not referring to governments:

"Revealed – the capitalist network that runs the world"

http://www.newscientist.com/article/mg2 ... world.html

Keep in mind that capitalists' "solution" to the problem is "free market," which ironically is the cause of current upheavals. Hence,

"Top Derivatives Expert Estimates Size of the Global Derivatives Market at $1,200 Trillion Dollars … 20 Times Larger than the Global Economy"

http://www.washingtonsblog.com/2012/05/ ... arket.html
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Re: Global Warming and the End of Capitalism

Postby ralfy » Tue 14 Jan 2014, 04:29:28

$this->bbcode_second_pass_quote('vtsnowedin', 'N')o as long as there are two people left and a meal that needs to be aquired there will be capitalism. :roll:


The thread refers to the end of the global capitalist system, which requires increasing production and consumption of resources to ensure continuous economic growth.
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Re: Global Warming and the End of Capitalism

Postby vtsnowedin » Tue 14 Jan 2014, 09:27:32

$this->bbcode_second_pass_quote('ralfy', '')$this->bbcode_second_pass_quote('vtsnowedin', 'N')o as long as there are two people left and a meal that needs to be aquired there will be capitalism. :roll:


The thread refers to the end of the global capitalist system, which requires increasing production and consumption of resources to ensure continuous economic growth.

Well if we were to adopt a worldwide socialist system we would no longer have to worry about growth and the overpopulation problem would quickly resolve itself.
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Re: Global Warming and the End of Capitalism

Postby americandream » Tue 14 Jan 2014, 15:49:16

$this->bbcode_second_pass_quote('vtsnowedin', '')$this->bbcode_second_pass_quote('ralfy', '')$this->bbcode_second_pass_quote('vtsnowedin', 'N')o as long as there are two people left and a meal that needs to be aquired there will be capitalism. :roll:


The thread refers to the end of the global capitalist system, which requires increasing production and consumption of resources to ensure continuous economic growth.

Well if we were to adopt a worldwide socialist system we would no longer have to worry about growth and the overpopulation problem would quickly resolve itself.


All the socialist countries, including Ethiopia Angola, Mozambique and Afghanistan (yeah, you would not recognise the place today from the secular, modern country it was in the '80's before Saudi sponsored terrorism ruined the place) had family planning programmes in place. China pursued a one child policy with sanctions but the others followed programmes of female empowerment.) (Reagan admired the religious terrorists whom he compared with America's founding fathers.)

Make of that what you will but the world you have today can be traced directly back to capitalism.
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Re: Global Warming and the End of Capitalism

Postby vtsnowedin » Wed 15 Jan 2014, 03:38:10

$this->bbcode_second_pass_quote('americandream', '')$this->bbcode_second_pass_quote('vtsnowedin', '')$this->bbcode_second_pass_quote('ralfy', '')$this->bbcode_second_pass_quote('vtsnowedin', 'N')o as long as there are two people left and a meal that needs to be aquired there will be capitalism. :roll:


The thread refers to the end of the global capitalist system, which requires increasing production and consumption of resources to ensure continuous economic growth.

Well if we were to adopt a worldwide socialist system we would no longer have to worry about growth and the overpopulation problem would quickly resolve itself.


All the socialist countries, including Ethiopia Angola, Mozambique and Afghanistan (yeah, you would not recognise the place today from the secular, modern country it was in the '80's before Saudi sponsored terrorism ruined the place) had family planning programmes in place. China pursued a one child policy with sanctions but the others followed programmes of female empowerment.) (Reagan admired the religious terrorists whom he compared with America's founding fathers.)

Make of that what you will but the world you have today can be traced directly back to capitalism.

If you have a point there it is so poorly written that I fail to see it. It is the middle of the night here and I'm up from insomnia so perhaps a bit fuzzy but really you put Ethiopia and Angola up as examples for the West to follow?
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Re: Global Warming and the End of Capitalism

Postby americandream » Wed 15 Jan 2014, 04:55:55

$this->bbcode_second_pass_quote('vtsnowedin', ' ')If you have a point there it is so poorly written that I fail to see it. It is the middle of the night here and I'm up from insomnia so perhaps a bit fuzzy but really you put Ethiopia and Angola up as examples for the West to follow?


As I said, make of it as you will.
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Re: Global Warming and the End of Capitalism

Postby vtsnowedin » Wed 15 Jan 2014, 05:11:58

$this->bbcode_second_pass_quote('americandream', '')$this->bbcode_second_pass_quote('vtsnowedin', ' ')If you have a point there it is so poorly written that I fail to see it. It is the middle of the night here and I'm up from insomnia so perhaps a bit fuzzy but really you put Ethiopia and Angola up as examples for the West to follow?


As I said, make of it as you will.

I'm not even sure what your "It" is, much less what to make of it.
Yes most of the world’s populations today live and work under capitalist principles. China, India, all of Europe, and North America, even Russia as far as foreign commerce goes. But it does not follow that all the worlds’ problems are caused by capitalism or that tearing down capitalism and replacing it with a socialist system would improve things.
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Re: Global Warming and the End of Capitalism

Postby americandream » Wed 15 Jan 2014, 05:57:22

It's quite difficult explaining social economy and historical tendencies to someone who cannot understand the concept. Not that it is Your fault. Generally, material dialectIcism foxes even Marxists who think that the orIgin of systems is a normative issue. All you need to remember are the following points:

1 Lack of resources;

2 Adaptive shifts;

3 Generational evolution.

These forces I try and explain influence our lives daily, changing us in ways we aren't even aware of.
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Re: Global Warming and the End of Capitalism

Postby Beery1 » Wed 15 Jan 2014, 07:12:10

The problem with these arguments about capitalism vs. socialism is that it's impossible to define the terms capitalism and socialism in a meaningful way to all parties. So we get circular arguments on each side that get us nowhere. In situations like this, nothing beats personal experience, and I am in the unusual situation of having spent two decades living in what many regard as having been a socialist country followed by two decades living in what many regard as a capitalist country.

Based on my experience of 20 years living in a welfare state (the UK) and another 20 years living in a state with little or no social safety net (the USA), all I can say for sure is that I preferred the welfare state. Sure, it had its problems, as do all systems, but at least it seemed fairer and more caring than the system I've got myself stuck in right now. If it were not for my American wife's emotional need to stay close to family, and if not for the fact that much of the social safety net has been dismantled in the UK due to the policies of Thatcher and Blair, I'd move back to England in a heartbeat.
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Re: Global Warming and the End of Capitalism

Postby Strummer » Wed 15 Jan 2014, 07:40:24

$this->bbcode_second_pass_quote('vtsnowedin', 'N')o as long as there are two people left and a meal that needs to be aquired there will be capitalism.


http://www.mpg.de/7717582/chimpanzees-oxytocin-stomach

$this->bbcode_second_pass_quote('', 'T')he ability to form long-term cooperative relationships between unrelated individuals is one of the main reasons for human’s extraordinary biological success, yet little is known about its evolution and mechanisms. The hormone oxytocin, however, plays a role in it. Researchers of the Max Planck Institute for Evolutionary Anthropology in Leipzig, Germany, measured the urinary oxytocin levels in wild chimpanzees after food sharing and found them to be elevated in both donor and receiver compared to social feeding events without sharing. Furthermore, oxytocin levels were higher after food sharing than after grooming, another cooperative behaviour, suggesting that food sharing might play a more important role in promoting social bonding.


This is the natural state of human beings, not your artificial parasitic "capitalism".
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Re: Global Warming and the End of Capitalism

Postby americandream » Wed 15 Jan 2014, 14:01:55

$this->bbcode_second_pass_quote('Beery1', 'T')he problem with these arguments about capitalism vs. socialism is that it's impossible to define the terms capitalism and socialism in a meaningful way to all parties. So we get circular arguments on each side that get us nowhere. In situations like this, nothing beats personal experience, and I am in the unusual situation of having spent two decades living in what many regard as having been a socialist country followed by two decades living in what many regard as a capitalist country.

Based on my experience of 20 years living in a welfare state (the UK) and another 20 years living in a state with little or no social safety net (the USA), all I can say for sure is that I preferred the welfare state. Sure, it had its problems, as do all systems, but at least it seemed fairer and more caring than the system I've got myself stuck in right now. If it were not for my American wife's emotional need to stay close to family, and if not for the fact that much of the social safety net has been dismantled in the UK due to the policies of Thatcher and Blair, I'd move back to England in a heartbeat.


Marx's ideas were as close to a science of human behaviour as one can get. Behaviour moulded as it is by material conditions. Our experience of socialistic initiatives to date on the other hand have been artificial constructs that weren't in sync with capitalism's maturity and were doomed to fail. As we approach critical junctures in capitalism's expansion, imperceptible social changes will change us to reflect those crises and that is what he sought to explain.
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Re: Global Warming and the End of Capitalism

Postby Quinny » Wed 15 Jan 2014, 14:10:08

IMHO greed is nurtured. My children (and their friends) always love to share.
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