{"id":21365,"date":"2016-07-03T19:17:14","date_gmt":"2016-07-04T00:17:14","guid":{"rendered":"http:\/\/olduvai.ca\/?p=21365"},"modified":"2016-07-03T19:17:14","modified_gmt":"2016-07-04T00:17:14","slug":"death-to-all-zombies","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=21365","title":{"rendered":"Death to All Zombies!"},"content":{"rendered":"
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Death to All Zombies!<\/a><\/h3>\n<\/div>\n
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Wait a minute. They\u2019re already dead. Brexit just reveals that not everybody\u2019s brains have been eaten. A viral contagion now threatens the zombified institutions of daily life, especially the workings of politics and finance. Just as zombies exist only in the collective imagination, so do these two principal activities of society operate mainly on trust, an ephemeral product of the hive-mind.<\/p>\n

When things fall apart in stressed complex systems, they tend to fall apart fast. It\u2019s called phase change. Too many things in 21st\u00a0century life have depended on sheer trust that the people-in-charge know what they are doing. That trust has subsisted on the doling out of money-from-nothing: debt, reckless bond issuance. TARP, QEs, bailouts, bail-ins, Operation Twists, Ponzi schemes\u2026 the whole sad-ass armamentarium of banking necromancy. The politicians let it get out of hand. Things that can\u2019t go on don\u2019t, and now they won\u2019t.<\/p>\n

The politics of Great Britain are now falling apart landslide-style. Since just about everybody in or near power can be blamed for the national predicament, there\u2019s nobody to turn to, at least not yet. The Labour party just acted out\u00a0The Caine Mutiny<\/em>, starring Jeremy Corbyn as Captain Queeg. The Tory Cameron gave three months notice without any plausible replacement in view. Now Cameron\u2019s people are hinting in the media that they can just drag their feet on Brexit, that is, not do anything to enable it from actually happening for a while. Of course, that\u2019s what the monkeyshines of banking and finance have done: postponed the inevitable reckoning with the realities of our time: growing resource scarcity, population overshoot, climate change, ecological holocaust, and the diminishing returns of technology.<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Death to All Zombies! Wait a minute. They\u2019re already dead. Brexit just reveals that not everybody\u2019s brains have been eaten. A viral contagion now threatens the zombified institutions of daily life, especially the workings of politics and finance. Just as zombies exist only in the collective imagination, so do these two principal activities of society […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,5],"tags":[5582,150,153,195,4413,449,536,681],"class_list":["post-21365","post","type-post","status-publish","format-standard","hentry","category-economics","category-geopolitics","tag-brexit","tag-collapse","tag-complex-systems","tag-debt","tag-great-britain","tag-james-howard-kunstler","tag-money","tag-resources"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/21365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21365"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/21365\/revisions"}],"predecessor-version":[{"id":21366,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/21365\/revisions\/21366"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}