by evilgenius » Sun 30 Jan 2022, 10:45:43
$this->bbcode_second_pass_quote('Pops', '')$this->bbcode_second_pass_quote('Vladimir', 'A')h yes, would that be in your opinion the larger crisis of Capitalism, or something else?
Hi Vladimir,
I've read that Marx thought the process of capitalism was the basically exploitation of labor at a discounted price to resell it at a profit. Which is fine, as far as a critique of capitalists goes. However human labor has been around since humans — not so capitalism. Capitalism arose concurrently with the industrial development of fossil fuel, namely coal, in the 17th century or thereabouts and has been trying to eliminate the human aspect of production ever since.
The concentrated energy and dirt cheap price of fossils was a far greater "buy low-sell high" opportunity than fragile human labor was or ever will be. Currently a gallon of unleaded labor is $2.50 plus tax, equivalent to perhaps 500 man/hours—call it 1/2¢ per hour. (David Pimentel I think)
Once we burn through the fossils, if we're lucky, we might wind up with a renewable source with enough of an energy return to be self-sustaining and some little bit left over to light an LED to do the chores. Capitalism will fight to the bitter end but it is the ultimate heat engine and will sputter out (or implode dramatically) eventually.
We'll get back to some form of feudalism I suppose, if we're lucky.
Vladimir, you should know that Pops is not normally so pessimistic. I would normally say Pops is actually an optimist. He is probably not the optimist that some here have been toward you already, pretty much rejecting the whole idea of peak oil before you even had a chance to properly introduce yourself. No, he's not that kind of an optimist.
Pops, what would you call yourself? I tend to think of you as center, but I don't know if I would categorize you as center-left, or center-right?