Can Peak Oil Save Us?

Meanwhile world oil production has been flat for two years now, even as increasing demand from the US, Asia, Latin America and the Middle East has priced the third world out of the little oil they have been using. Peak Oil means that half the world’s usable reserves are gone, but more importantly, that falling production rates will have devastating economic consequences on the global economy.

Anecdotal evidence for a change in zeitgeist, perhaps. No doubt, change will be uneven and drawn out, dependent on local circumstances. But my feeling is that when people are forced to live and work closer together, this will unleash the creativity to produce a richer social environment that will counter the isolated consumer/worker ethos that corporate capitalism fosters.

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