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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 KaiserJeep » Wed 15 Jan 2014, 15:08:06

My problem with the whole scenario is there are (broadly speaking) three main possibilities after world PO happens. Those would be:

1) 7B+ or 8B+ or even 9B+ people do not go quietly into the night. After the oil becomes unaffordable, food gets scarce, and the struggle for limited resources flares into nuclear warfare, and everybody dies.

2) A very few (less than 1%) of the human race migrates into space habitats. A new frontier is established, Capitalism thrives for thousands of years to come, and new sources of energy from space even spare a portion of the Earth surface dwellers from extinction. After numerous conflicts and false starts, a sustainable population of less than 1B is established on the Earth's surface. Excess population migrates into space and the Solar System eventually supports Trillions of humans.

3) Humans quietly and peacefully starve themselves into a sustainable population level. The survivors adopt an obscure and proven unworkable 19th Century economic theory and force it to work via sheer willpower. Then they live happily together in sweetness and light, praising the wisdom of Karl Heinrich Marx and Friedrich Engels.

I mean, if I had to pick one of these alternatives as least likely, it would be #3, by a long shot. Note that my lifetime of 62 years includes direct memories of three major famines in China, Bangladesh, and Africa where megadeaths were involved, as well as countless minor famines involving less than a million people.

Note that Marxism has never spontaneously arisen in any of these places, instead people died while scrambling to feed themselves, even at the expense of others.

I simply do not believe that the ideas of Marx and Engels mean anything much, since they (obviously and clearly, beyond any reasonable doubt) do not describe the actions of any human populace under stress of resource depletion.
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Re: Global Warming and the End of Capitalism

Postby americandream » Wed 15 Jan 2014, 17:36:41

$this->bbcode_second_pass_quote('KaiserJeep', 'I') simply do not believe that the ideas of Marx and Engels mean anything much, since they (obviously and clearly, beyond any reasonable doubt) do not describe the actions of any human populace under stress of resource depletion.


Marx's centrepiece, "Capital" is an analysis of capitalism. His political opinions are contained in separate manuscripts. For an explanation of capital's tendencies, nothing touches it. I use it in my long term view of the market, as a day trader. Paradoxically, it has probably made a more efficient capitalist market player of me on the fundamentals front. For example, when Roubini was calling the end of the system back in 2008, I went calmly about my business. I tend to ignore the analysts, especially the gold bugs.

So on a vocational level I have learnt a lot from it. So much so, that I assiduouly avoided employment, instead preferring to be my own boss. Of course, I am a chartist, but the fundamentals hold my nerve when all around me are panicking.

His analysis takes you all the way through to globalism and the emergence of a global culture where the sorts of cultural things we take for granted will have been replaced. You see this happening today with the more active cultural role, Asia and especially China is playing on the world stage. In movies, etc. These developmenst are a given as capitalists forge ties across cultural and national lines.

His political manuscripts which flesh out Capital essentially take us through the possible scenrios that will emerge post capital. Scenarios that include total collapse. The other options you list are quite possible. Our futures are not cast in die.
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Re: Global Warming and the End of Capitalism

Postby vtsnowedin » Wed 15 Jan 2014, 21:21:50

$this->bbcode_second_pass_quote('KaiserJeep', 'M')y problem with the whole scenario is there are (broadly speaking) three main possibilities after world PO happens. Those would be:

1) 7B+ or 8B+ or even 9B+ people do not go quietly into the night. After the oil becomes unaffordable, food gets scarce, and the struggle for limited resources flares into nuclear warfare, and everybody dies.

2) A very few (less than 1%) of the human race migrates into space habitats. A new frontier is established, Capitalism thrives for thousands of years to come, and new sources of energy from space even spare a portion of the Earth surface dwellers from extinction. After numerous conflicts and false starts, a sustainable population of less than 1B is established on the Earth's surface. Excess population migrates into space and the Solar System eventually supports Trillions of humans.

3) Humans quietly and peacefully starve themselves into a sustainable population level. The survivors adopt an obscure and proven unworkable 19th Century economic theory and force it to work via sheer willpower. Then they live happily together in sweetness and light, praising the wisdom of Karl Heinrich Marx and Friedrich Engels.

I mean, if I had to pick one of these alternatives as least likely, it would be #3, by a long shot. Note that my lifetime of 62 years includes direct memories of three major famines in China, Bangladesh, and Africa where megadeaths were involved, as well as countless minor famines involving less than a million people.

Note that Marxism has never spontaneously arisen in any of these places, instead people died while scrambling to feed themselves, even at the expense of others.

I simply do not believe that the ideas of Marx and Engels mean anything much, since they (obviously and clearly, beyond any reasonable doubt) do not describe the actions of any human populace under stress of resource depletion.

I'd say that your options #2 and #3 are just silly and need not be considered further. Your option #1 needs to be flared out into several variations. One with no nuclear war or at least very limited use of it as most nuclear capable governments realize it is a no win tactic and therefore pointless. Another option has powerful countries guarding their food resources along with their remaining fossil fuel resources and letting less well off countries starve to death using just enough military force to keep those populations in place until they perish. Another has every overshot population adopting a zero child policy until the population drops back to a sustainable level.
I see lots of options short of everybody dying before their time.
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Re: Global Warming and the End of Capitalism

Postby Tanada » Wed 15 Jan 2014, 21:41:27

The idea that a full on nuclear war could wipe out the human race is pure Hollywood fantasy. Even if you managed to strike every city with 25,000 or more inhabitants (there are not enough warheads to do that but leave that aside) there would be many locals left over, small towns and small cities on the windward coastlines of large bodies of water in Australia, New Zealand, Africa, South America and so on that would survive and repopulate the Earth. Just like the uber plague fantasies, even if you killed 99% of the population the survivors will repopulate.
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Re: Global Warming and the End of Capitalism

Postby Keith_McClary » Thu 16 Jan 2014, 03:15:00

$this->bbcode_second_pass_quote('KaiserJeep', 'A')fter the oil becomes unaffordable, food gets scarce, and the struggle for limited resources flares into nuclear warfare, and everybody dies.

2) A very few (less than 1%) of the human race migrates into space habitats.

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Re: Global Warming and the End of Capitalism

Postby KaiserJeep » Thu 16 Jan 2014, 04:17:03

$this->bbcode_second_pass_quote('Tanada', 'T')he idea that a full on nuclear war could wipe out the human race is pure Hollywood fantasy. Even if you managed to strike every city with 25,000 or more inhabitants (there are not enough warheads to do that but leave that aside) there would be many locals left over, small towns and small cities on the windward coastlines of large bodies of water in Australia, New Zealand, Africa, South America and so on that would survive and repopulate the Earth. Just like the uber plague fantasies, even if you killed 99% of the population the survivors will repopulate.


The idea is actually that the world ecosystem is already in widespread collapse from the resources exploited by man. Then a few nukes complete the destruction, and the land vegetation is so stressed that it practically disappears - including all crops. Nothing but a few sea-dwelling animals remain. On land the surviving lifeforms are small rodents.
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Re: Global Warming and the End of Capitalism

Postby Tanada » Thu 16 Jan 2014, 08:19:53

$this->bbcode_second_pass_quote('KaiserJeep', '')$this->bbcode_second_pass_quote('Tanada', 'T')he idea that a full on nuclear war could wipe out the human race is pure Hollywood fantasy. Even if you managed to strike every city with 25,000 or more inhabitants (there are not enough warheads to do that but leave that aside) there would be many locals left over, small towns and small cities on the windward coastlines of large bodies of water in Australia, New Zealand, Africa, South America and so on that would survive and repopulate the Earth. Just like the uber plague fantasies, even if you killed 99% of the population the survivors will repopulate.


The idea is actually that the world ecosystem is already in widespread collapse from the resources exploited by man. Then a few nukes complete the destruction, and the land vegetation is so stressed that it practically disappears - including all crops. Nothing but a few sea-dwelling animals remain. On land the surviving lifeforms are small rodents.


Yup, like I said pure Hollywood fantasy.

Take a look at the Chernobyl exclusion zone. Ecosystem collapse is difficult to achieve even in the worst case scenario, just about the only thing that would do it is converting Earth into Venus 2.0
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Re: Global Warming and the End of Capitalism

Postby Lore » Thu 16 Jan 2014, 08:53:26

Not so difficult, there have been five in the past and we are in the midst of the sixth great extinction. Animals are going extinct 100 to 1,000 times (possibly even 1,000 to 10,000 times) faster than at the normal background extinction rate. That is about 10 to 25 species per year. The rate will only increase from here on out. Scientists estimate that this extinction event is happening even faster than the Cretaceous-Tertiary extinction which wiped out the dinosaurs. That means we are heading into the realm of the Permian-Triassic extinction event which ended about 95% of all species life on the planet.

We will have a lot more than capitalism to worry about saving in the coming century. No happy movie ending here.
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Re: Global Warming and the End of Capitalism

Postby dohboi » Fri 14 Feb 2014, 00:46:14

Nice rant by ccg at neven's forums...worth sharing, but now sure where else to put it:

$this->bbcode_second_pass_quote('', 't')he grid is more fragile than you might think - especially extrapolating into the future.

http://insideclimatenews.org/news/20120 ... heat-water

http://www.bbc.co.uk/news/uk-scotland-e ... e-13971005

http://www.eia.gov/todayinenergy/detail.cfm?id=14911

http://www.out-law.com/en/articles/2013 ... gem-chief/

One of the problems with a modern grid is that while it's a great way of distributing the power, if demand goes too high - large sections collapse. You can't easily control the demand, it has to fall within the reserve capacity.

http://www.nytimes.com/2012/08/02/world ... d=all&_r=0

http://science.howstuffworks.com/enviro ... ackout.htm

So you make energy more expensive? So that less is consumed? (it will get more expensive as resources shrink anyway)

Trouble is that doesn't work past a point economically - there is an optimum profitability and maximum effective price you can set. Above that price you start to erode your profitability by destroying demand.

How do you maintain the grid at the point at which people aren't prepared (or able) to pay for it? Almost by definition - there is a maximum energy price you can have above which your ability to maintain and repair the grid is actually eroded. If you can't deliver the energy profitably the grid eventually dies, and first you cut back maintenance and investment.
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Re: Global Warming and the End of Capitalism

Postby kublikhan » Fri 14 Feb 2014, 02:22:56

You don't have to cut back on maintenance and investment. You can run the grid at a loss. Most mass transit systems are run this way and yet continue to operate at a loss year after year.
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Re: Global Warming and the End of Capitalism

Postby Quinny » Fri 14 Feb 2014, 05:10:52

Most mass transit systems are subsidised heavily by the public sector.
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Re: Global Warming and the End of Capitalism

Postby kublikhan » Fri 14 Feb 2014, 12:31:37

Exactly my point.
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Re: Global Warming and the End of Capitalism

Postby americandream » Fri 14 Feb 2014, 21:57:38

$this->bbcode_second_pass_quote('kublikhan', 'E')xactly my point.


Subject to fiscal constraints in loss oriented capitalism.
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Re: Global Warming and the End of Capitalism

Postby americandream » Fri 14 Feb 2014, 23:17:02

I have been casting my eye over this thread and noted that with certain detractors, they would rather envision horror and famine rather than an intelligent co-operation in the turmoil laden late years of capital.

If this isn't a characterisation of malfunctioning cognitive capacity, I don't know what is. There certainly will be a lot of the clinically insane to deal with, apart from your regular bad types.
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Re: Global Warming and the End of Capitalism

Postby ralfy » Fri 14 Feb 2014, 23:49:38

$this->bbcode_second_pass_quote('vtsnowedin', '
')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.


How will that take place?
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Re: Global Warming and the End of Capitalism

Postby Quinny » Sat 15 Feb 2014, 12:18:31

As Socialism takes over the world by means of a relatively peaceful revolution. The population will become better educated and also feel more secure as has happened in the democracies of western europe (these are often described as Socialist, by many on this forum but are quite clearly not). People will focus more on producing goods and services to meet needs not wants and greed. They will also contribute according to their ability and hence lead more fulfilling lives. In such circumstances they will be content to limit reproduction and so population will stabilise then slide back to more sustainable levels.
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Re: Global Warming and the End of Capitalism

Postby americandream » Sat 15 Feb 2014, 14:29:03

$this->bbcode_second_pass_quote('Quinny', 'A')s Socialism takes over the world by means of a relatively peaceful revolution. The population will become better educated and also feel more secure as has happened in the democracies of western europe (these are often described as Socialist, by many on this forum but are quite clearly not). People will focus more on producing goods and services to meet needs not wants and greed. They will also contribute according to their ability and hence lead more fulfilling lives. In such circumstances they will be content to limit reproduction and so population will stabilise then slide back to more sustainable levels.


The trigger may well be the critical mass of climate anxiety. Obviously so many likely crises may well trigger the necessary adaptation that alters social relations irrevocably. Some of the lunatics on here contemplating feudalism and space flights to new worlds fail to account for the human (and all organic) propensity for adaptation.
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Re: Global Warming and the End of Capitalism

Postby ralfy » Sat 15 Feb 2014, 22:33:15

Given resource consumption levels the last six decades and trends for a growing global middle class, not to mention most human beings lacking basic needs, I do not think a world socialist system will take place.

As for concerns regarding the climate, if not the environment, these will come too late.
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Re: Global Warming and the End of Capitalism

Postby americandream » Sat 15 Feb 2014, 22:55:05

$this->bbcode_second_pass_quote('ralfy', 'G')iven resource consumption levels the last six decades and trends for a growing global middle class, not to mention most human beings lacking basic needs, I do not think a world socialist system will take place.

As for concerns regarding the climate, if not the environment, these will come too late.


Material dialecticism is a subtle force and subject to dynamics that link in with our biological makeup. How adaptation emerges as a consequence, if any, will determine whether we survive. Of course, going by the sentiment of some of the more unhinged posters on this site, one does wonder.
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Re: Global Warming and the End of Capitalism

Postby ralfy » Sun 16 Feb 2014, 11:35:40

$this->bbcode_second_pass_quote('americandream', '
')Material dialecticism is a subtle force and subject to dynamics that link in with our biological makeup. How adaptation emerges as a consequence, if any, will determine whether we survive. Of course, going by the sentiment of some of the more unhinged posters on this site, one does wonder.


I think there is a major difference between adaptation and a world socialist system.
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