Comment 68047

By arienc (registered) | Posted August 16, 2011 at 08:56:28 in reply to Comment 68046

I think the dismissal of Kunstler's idea of the 'Long Emergency' needs to be fleshed out a bit - Mahesh seemed to be dismissive of the view just based on the idea that it is not presently happening. What we are now seeing is just the leading edge of that as the impacts of peaking global oil production and increasing energy prices are largely being felt in the financial sphere. For the most part, governments and mass media continue to have success in glossing over the true ramifications of more expensive and declining energy availability. The thrust of Kunstler's argument is that that veneer is paper thin, holes are showing up all over the place, and trying to keep the charade up forever is a colossal waste of human capability and finite resources.

Comment edited by arienc on 2011-08-16 08:57:19

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