It's not a doomsday, it's the extraction of depleting energy not keeping up with the fiscal economy. And the planet not being able to rapidly adsorb the waste at the rate it's being excreted by our civilization . surplusenergyeconomics.wordpress.com/2023/11/10/265-explore-and-explain/
@@PeterWarren1971 My friend, no matter how you spin this it's always about anti capitalist rhetoric. *"Growth in the material economy has long been decelerating towards contraction."* There is no statistical evidence to back this up. In fact, data proves that humanity has never been safer, healthier or more prosperous than at any time in history, by almost any measurement you care to examine. *"The financial system, which is the monetary counterpart of the material economy, has been overloaded towards the point of inevitable fracture."* There is no evidence that the financial system is "fracturing" or even in jeopardy. This also begs the question - what economic system would work better? Nobody has ever produced an economic system, (especially based on environmental rhetoric) that generates a thriving economy and that doesn't include depravation as a philosophy or mandate. *"We face grave environmental and ecological dangers, in large part related to our economic activities."* The issue has nothing to do with the economic system. The problems arise due to consumption. It doesn't matter which economic system you embrace, demand and consumption don't magically disappear. How do you reduce consumption? Do you legislate it? Embrace rationing? Demonize it? No thanks. All of these environmental, sociological, or degrowth movements all demand and rely on depravation. *"The absurd conclusion is that money can enable us to enjoy ‘infinite economic growth on a finite planet’."* As long as you can put a shovel in the ground and makes stuff, growth is infinite. Its an extremely large planet that we've barely tapped. I can foresee a future where humanity becomes a space faring people and almost everything is recycled. Humans are problem solvers. These kinds of ideologies are based on panic, and that humans are some kind of virus.
The captain of the Titanic, exuded a similarly, Blasé attitude as his doomed ship headed at full speed toward that massive Iceberg. Full speed ahead he cried, consequences be damned. The lessons of the 1970's Energy crisis, were not learned, at least Not by us. Because we find ourselves in yet another, Energy crisis, beholden to Imported LNG, at the whim of tyrants, dictators and despots. Those Alarmists, are going to look pretty prescient, when your sitting in the dark shivering. Pretty much like we were in the 1970's Fuel Crisis. We had the opportunity to deal with our serious Energy Crisis, we chose to squander the North Sea Oil & Gas Reserve on Tax Cuts & Propping up Margaret Thatcher's Bankrupt Ideology. So we find ourselves back, where we started, in crisis again. Without a pot to p*ss in as they say...
