[jboogy]

this has been said before on this site but seems as if it's never been more relevant than now, taking into account current events.(apparently open and inevitable resource wars)



WITHOUT FURTHER ELABORATION, IT IS DEMONSTRABLE THAT THE EXPONENTIAL PHASE OF THE INDUSTRIAL GROWTH WHICH HAS DOMINATED HUMAN ACTIVITY DURING THE LAST COUPLE OF CENTURIES IS DRAWING TO A CLOSE. It is physically and biologically impossible for any material and energy component to follow exponential growth for more than a few tens of doublings, and most of those possible doublings have already occurred. Yet, during the last two centuries of unbroken industrial growth we have evolved WHAT AMOUNTS TO AN EXPONENTIAL GROWTH CULTURE. Our institutions, our legal system, our financial system, and our most cherished folkways and beliefs are all based upon the premise of continuous growth. Since physical and biological constraints make it impossible to continue such rates of growth indefinitely, it is inevitable that with the slowing down in the rates of physical growth CULTURAL ADJUSTMENTS MUST BE MADE.
-M. King Hubbert

[roccman]

Excellent quote!

Thanks for posting.