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Were "The Levellers" right after all?

Discussions about the economic and financial ramifications of PEAK OIL

Re: Were "The Levellers" right after all?

Unread postby Paul64 » Fri 04 Nov 2005, 08:41:30

$this->bbcode_second_pass_quote('CARVER', '
')Its the same with the environment, it does not show up on our balance sheet, so it can be taken apart and transformed into things we do put on our balance sheets. From the balance sheet it looks as if we are doing great, but that is just because the balance sheet does not correspond with reality.


Interesting point. But actually, these days even the macro balance sheets, within the dismal, false world of 'economics', are messed up, unfixable, and point to in and of themselves certain eventual failure and disaster. Writers at mises.org and financialsense.com, considered economic pessimists, recognize these problems. They are aware of things like peak oil and resource scarcity. What they try to do is promote investing in gold, energy and commodities. It will work for the balance sheet and material security of the select privileged few individuals who currently have some positive paper capital, and follow that strategy, in the short and medium term.

But these pessimistic commentators who write of hard times ahead are capitalists through and through - their view of the world and their likely correct views on results in commodity investments and so forth is right only in a narrow sense; when the greater reality you note is considered as well, the true situation is far worse than those pessimists write about, and in the end all the gold in the world won't help. Also, the fact that as the gold price goes up, mining operations expand, indigenous communities are destroyed, and more earth, soil and water are ruined - those things don't matter to the pessimistic capitalists. The smart investors win the game at great cost to others and the planet.

Alas, I have retirement money in a mining fund, and it is doing well, so perhaps I am a hypocrite.:( My thinking is if I can use that money within a year or 2 to secure some land when prices drop, and be a true steward of my piece, it works out in the end and I don't have to feel so guilty.
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Re: Were "The Levellers" right after all?

Unread postby JustinFrankl » Fri 04 Nov 2005, 08:58:42

$this->bbcode_second_pass_quote('Doly', 'I') don't see that civilization's modus operandi is consumption and growth. The Chinese, who are the oldest civilization, have had a philosophy of sustainability during long periods of time (this had a lot to do with finding limits to their resources). It's only logical that the civilizations that tend to invade land and grow as much as possible become the dominant ones until the world is full with people. But once that's happened, I don't see that the civilization post PO would have to be growth-oriented and expansionist by definition.

China may have in the past possessed long term stability in its population, but no longer. In 1949 there were 540 million Chinese. In 1995 there were 1.23 billion, an increase of 228%. In 1950 there were about 2.5 billion people on the planet. In 1995, there were about 5.6 billion people worldwide, an increase of 224%.

In the last 40 years or so, population growth in China has mirrored the growth of the rest of the planet.

And no, civilization post-peak, post-flu, post-climate change doesn't have to be growth and expansionist oriented. But without a different paradigm to replace it, humans will likely keep doing what they did before.

Only in very arcane circles do people talk about stability and sustainability; these ideas are alien and even anathema to most people. Certainly those people sitting atop the pyramids would hate to see a sustainability meme permeate society. Since those at the top of the pyramids tend to have the most say in certain affairs, the sustainability movement is unlikely to make much progress, as sustainability will diminish the size of their pyramids.
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Re: Were "The Levellers" right after all?

Unread postby JustinFrankl » Fri 04 Nov 2005, 09:06:54

$this->bbcode_second_pass_quote('Paul64', 'T')he smart investors win the game at great cost to others and the planet.

Therein lies our dirty little secret. Any growth that is achieved must come at the expense of the planet or at the expense of other players in the system.

$this->bbcode_second_pass_quote('', 'A')las, I have retirement money in a mining fund, and it is doing well, so perhaps I am a hypocrite.:( My thinking is if I can use that money within a year or 2 to secure some land when prices drop, and be a true steward of my piece, it works out in the end and I don't have to feel so guilty.

Guilt is largely a waste of energy, I avoid it when I can. :)
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Re: Were "The Levellers" right after all?

Unread postby Doly » Fri 04 Nov 2005, 10:37:55

$this->bbcode_second_pass_quote('JustinFrankl', '
')Only in very arcane circles do people talk about stability and sustainability; these ideas are alien and even anathema to most people.


Maybe, but there's nothing like reality shock to change people's minds. People can adapt very quickly to new ideas if they become essential to their survival. See how quickly acceptance of homosexuality grew after AIDS.
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Re: Were "The Levellers" right after all?

Unread postby donshan » Fri 04 Nov 2005, 11:13:14

$this->bbcode_second_pass_quote('CARVER', '')$this->bbcode_second_pass_quote('JustinFrankl', '.')..
The original problem never included significant consideration of "what will we do with the people whose jobs are no longer needed because of these machines". And failing to address this ended up coming back to haunt us.


I agree. They ignore it, as if it is not their problem. But if this happens on a large scale it does become their problem. It may take a while to show up, but it will likely cause chaos, crime and maybe war. .


This is happening right now. Paris is burning! This story does seem to be a repeat of the Luddite riots. Race and religion are being blamed, but the root of the problem is these people have no jobs and no hope.

Note the response:

"Manuel Valls, mayor of Evry south of the capital, said: "We're afraid that what's happening in Seine Saint Denis will spread. We have to give these people a message of hope."



http://news.yahoo.com/s/nm/20051104/wl_ ... e_riots_dc
$this->bbcode_second_pass_quote('', ' ')ULNAY-SOUS-BOIS, France (Reuters) - Rioters set fire to hundreds of vehicles in an eighth night of unrest in the impoverished suburbs of northeastern Paris as exasperated local officials criticized the response of national leaders.


Rioting erupted again late on Thursday despite hopes that festivities ending the fasting month of Ramadan would calm rioters, many of them Muslims of North African origin protesting against race bias they say keeps them in a second-class status.

Police reported fewer clashes than previous nights when police and fire crews were fired upon by some rioters.

But the rioting continued to spread, with firebombings in western Paris suburbs and similar areas near Rouen in northern France, Dijon in the east and Marseille in the south.

Residents in the bleak housing projects were fed up after eight nights of violence. "I've had enough of this," said a woman of African origin in Aulnay-sous-Bois, a northeastern Paris suburb where a warehouse was burned down overnight.

Officials in Seine Saint Denis, the worst-hit department located between central Paris and Charles de Gaulle airport, said 187 vehicles had been destroyed there overnight.

Police detained 27 people and reported two injuries -- one a policeman and another a handicapped person badly burned during an arson attack on a city bus.

French media said up to 600 vehicles were destroyed in the whole greater Paris region, including 23 buses at a terminal in Trappes in the southwest near Versailles. An amateur video aired on television showed them all in a row and all in flames.

Security officials said the presence of hundreds of riot police had acted as a deterrent, but rioters nevertheless set fire to two textile warehouses, a bus depot and a school.

"Why a school, why a car? What can you say about such blind violence," one local mayor, Michel Beaumale, said.

On Thursday evening, local officials complained loudly about dithering and politicking among national officials after Prime Minister Dominique de Villepin briefed them about an "action plan for the suburbs" he aims to present later this month.

"Many of us told him this isn't the time for an umpteenth plan," said Jean-Christophe Lagarde, mayor of Drancy in the riot-hit region. "All we need is one death and I think it will get out of control."

Manuel Valls, mayor of Evry south of the capital, said: "We're afraid that what's happening in Seine Saint Denis will spread. We have to give these people a message of hope."

LAW AND ORDER "ABSOLUTE PRIORITY"

Rioting among young men of North African and black African origin -- mostly locally born citizens who feel cheated by France's official promises of liberty, equality and fraternity -- began last week after two teenagers of African origin died while fleeing the police.
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Re: Were "The Levellers" right after all?

Unread postby rogerhb » Sun 06 Nov 2005, 21:59:48

$this->bbcode_second_pass_quote('Doly', 'T')he Chinese, who are the oldest civilization, have had a philosophy of sustainability during long periods of time (this had a lot to do with finding limits to their resources).


Yup, they kept coming up against a wall. :lol:
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