Home » Economics (Page 38)
Category Archives: Economics
Today’s Contemplation: Collapse Cometh CLXIX–Fiat Currency Devaluation: A Ruling Elite ‘Solution’ to Growth Limits
Today’s Contemplation: Collapse Cometh CLXIX Teotihuacan, Mexico (1988). Photo by author. Fiat Currency Devaluation: A Ruling Elite ‘Solution’ to Growth Limits Today’s post is my comment on the latest Honest Sorcerer’s piece regarding the misuse of the term ‘inflation’ and how currency devaluation and the coming energy squeeze overlap. Another well-articulated summary of yet a further aspect […]
Capitalism Cannot Turn Into Anything But Autocracy
Capitalism Cannot Turn Into Anything But Autocracy …only to disintegrate altogether soon after Photo by SpaceX on Unsplash The history of capitalism has an arc of its own. It has a beginning, a high point, and yes, an end — with or without revolutions, climate change or ecological destruction. Capitalism follows a trajectory of natural evolution culminating in a […]
Today’s Contemplation: CLXVIII–Avoiding ‘Collapse’ Awareness
Today’s Contemplation: CLXVIII Pompeii, Italy (1984). Photo by author. Avoiding ‘Collapse’ Awareness The following is my comment on Alan Urban’s most recent post (see here) discussing his thoughts on why more people are not ‘collapse aware’. The reasons you cite for most not being ‘collapse aware’ are part and parcel of a variety of explanations for […]
Beware the Snake Oil Salesmen: Climate Change and Elite Confabs
I penned this more than two years ago as members of the world’s ruling caste gathered for COP26. It’s just as relevant today as these so-called ‘leaders’ gather once again in Dubai, United Arab Emirates for COP28… _____ Today’s Contemplation: Collapse Cometh XXXI– Beware the Snake Oil Salesmen: Climate Change and Elite Confabs Blog […]
Insanity: Celebrating Rate Cuts At A Shiller PE Of 31x
Insanity: Celebrating Rate Cuts At A Shiller PE Of 31x Last week ended the way all weeks have been ending: with the stock market raging higher based on future expectations of rate cuts that (1) have not happened yet (2) probably won’t happen until next year, unless a market crash happens first and (3) won’t make […]
Today’s Contemplation: Collapse Cometh XXXIV–Energy-Averaging Systems and Complexity: A Recipe For Collapse
Today’s Contemplation: Collapse Cometh XXXIV November 28, 2021 Athens, Greece (1984) Photo by author Energy-Averaging Systems and Complexity: A Recipe For Collapse Supply chain disruptions and the product shortages that result have become a growing concern over the past couple of years and the reasons for these are as varied as the people providing the ‘analysis’. Production […]
Today’s Contemplation: Collapse Cometh XXXIII–Overlooking Ecological Overshoot
Today’s Contemplation: Collapse Cometh XXXIII November 25, 2021 Tulum, Mexico (1986) Photo by author Overlooking Ecological Overshoot Today’s thought was prompted by an Andrew Nikiforuk article in The Tyee and my recent rereading of William Catton Jr.’s Overshoot. I just finished rereading William Catton’s Overshoot. One of the things I’m coming to better appreciate is Catton’s idea […]
It’s Not About Saving the Planet, It’s the Big Daddy We Need To Look For
It’s Not About Saving the Planet, It’s the Big Daddy We Need To Look For Don’t tell Greta, but the hits keep coming for wind projects… For perspective, $4 billion equals about 28 billion DKK. Orsted’s equity is 76 billion DKK, so that $4 billion hit is equivalent to some 37% of its market cap. […]
Today’s Contemplation: Collapse Cometh XXXII–Greenwashing, Fiat Currency, and Narrative Management: More On Climate Change and Elite Confabs
Today’s Contemplation: Collapse Cometh XXXII November 6, 2021 Tulum, Mexico (1986) Photo by author Greenwashing, Fiat Currency, and Narrative Management: More On Climate Change and Elite Confabs Today’s missive was motivated by a former student’s (and eventual colleague) question regarding a Facebook Post I made regarding COP-26. Here’s what I posted: COP-26. Be aware… These elite confabs […]
Today’s Contemplation: Collapse Cometh XXXI–Beware the Snake Oil Salesmen: Climate Change and Elite Confabs
Today’s Contemplation: Collapse Cometh XXXI November 2, 2021 Tulum, Mexico (1986) Photo by author Beware the Snake Oil Salesmen: Climate Change and Elite Confabs So, dozens of political leaders, their hundreds of staff, multitudes of corporate leaders, and who knows how many ‘celebrities’ have all gathered in Glasgow, Scotland for an elite confab (#26) to discuss the […]
The First Signs of Civilization’s Collapse?
The First Signs of Civilization’s Collapse? New Video Link! Sorry! Draft script: From Tom Dispatch on 17 August 2023 comes a story headlined Michael Klare, A World on the Edge of … Collapse? The article is short, and it introduces a much longer article by Michael Klare, professor emeritus of peace and world security studies at Hampshire College. I’ll […]
