150 comments on Economic Impact of Peak Oil Part 2: Our Current Situation
Comments can no longer be added to this story.
| Show without comments | PDF version
150 comments on Economic Impact of Peak Oil Part 2: Our Current Situation
Comments can no longer be added to this story.
| Show without comments | PDF version
Search The Oil Drum with Google
Support The Oil Drum
Recently on TOD:World
TOD:Campfire
- Thanksgiving Open Campfire Thread
- How Relocalization Worked
- How to Set Up and Run a Bicycle Repair Company
TOD:Europe
- Unique Times -- and the Future
- Peak Gold, Easier to Model than Peak Oil? - Part I
- Carbon Capture and Storage
TOD:Canada
- In this house, we obey the laws of thermodynamics!
- The Round-Up: October 24, 2008
- Compressed Air Energy Storage - How viable is it?
TOD:Australia/NZ
- The Bullroarer - Friday 27th November 2009
- International Energy Agency calls 'Peak' on OECD Oil Demand
- Australian Senate: Peak Oil motion defeated 31:6
TOD:Net Energy
Blogroll
Energy Sites
- The Coming Global Oil Crisis
- Die Off
- Dry Dipstick
- Energy Bulletin
- From the Wilderness
- Life After the Oil Crash
- Peak Oil Crisis
- Peak Oil News and Message Boards
- Powerswitch
- Rigzone
- Matthew Simmons
- Wolf at the Door
Environment & Sustainability Sites
- The Daily Green
- EcoGeek
- Eco Street
- Green Car Congress
- Green Options
- green.alltop.com
- Gristmill
- RealClimate
- Sustainablog
- Treehugger
- WorldChanging
Blogs
- Casaubon's Book
- Cleantech Blog
- Clusterf
k Nation (Jim Kunstler) - The Cost of Energy
- David Strahan
- Early Warning
- The Energy Blog
- European Tribune
- GraphOilology
- Health After Oil
- jeffvail.net
- Mobjectivist
- Peak Energy (Australia)
- Peak Energy (USA)
- R-Squared
- Resource Insights
Finance & Economics Blogs
- The Big Picture
- Calculated Risk
- The Crash Course
- Ecological Economics
- Econbrowser
- Environmental Economics
- Infectious Greed
- The Mess That Greenspan Made
- Mish's Global Economic Trend Analysis
Organizations
Peak Oil Primers
Beware email scams!
Beware email scams claiming to be from this site. We do not have any job openings. If anyone contacts you about a job at The Oil Drum, do not reply to them, and definitely do not give them any personal information or send them money. Read more here.
“The infrastructure of suburbia can be described as the greatest misallocation of resources in the history of the world.”
—JH Kunstler
User login
Contact
- Content: editors at theoildrum dot com
- Tech support: support at theoildrum dot com
Personnel
- Editors: Nate Hagens, Gail the Actuary, Prof. Goose
- DrumBeat Editor: Leanan
- Contributors: ace, Engineer-Poet, Heading Out, jeffvail, JoulesBurn, Sam Foucher, Robert Rapier
- TOD:Campfire: Glenn, Jason Bradford
- TOD:Europe: Chris Vernon, Euan Mearns, Francois Cellier, Jerome a Paris, Luís de Sousa, Rembrandt, Rune Likvern, Ugo Bardi
- TOD:Canada: benk, Libelle
- TOD:ANZ: Big Gav, Phil Hart, aeldric
- Emeritus: Stuart Staniford
- Technician: Super G
License
This work is licensed under a Creative Commons Attribution-Share Alike 3.0 United States License.










GAIA Host Collective
While I understand the point Mike was making, it does provide a valuable counterpoint: The way in which this forest is *considered* is from a purely economic standpoint, and that's the tragic rub of our whole economic way of life -- EVERYTHING is reduced to its pure economic value regardless of any other value ethic!
IMHO this all encompassing capitalist economic meme is our ruination as a species. We need a land ethic that supports our basic communal ecologically based survival needs first and foremost. In other words, the forest is valuable as an intact healthy ecosystem that supports our life and all the other living things that contribute to the same! As soon as we diminish this land ethic valuation and substitute it with an economic one we devalue and diminish our own survivability.
Hence the lesson we are soon to learn as a species: Nature does not make economic compromises with anyone!
1. What is economy but the mathmatical analysis of scarcity of resources?
2. Why are you considering an entire math science to be "bad" just because humans used it to understand better how to destroy Earth? Economy isn't bad and that's the issue we face. The problem is that it worked too well, not too bad.
3. Isn't morality only a traditional-based "economy" of things? We all have learned by moral that we should be in more of a harmony with the environment (the greens), but isn't that a purely economical stance of sustainable existence? Aren't you confusing "Economy" with "PR using economical terms to rape the Earth"?
I'm not against what you're saying. I'm against the way you're saying it. The program you present (get the ecological issues back to politics, aka society, from the economics) has some problems, but essentially I agree with it. Society should decide what is best for the ecossystem first, and only thereafter what is best for particular economies.
But this kind of thought will be referred to as "communist" or "extreme left nugget thinking", and so I wouldn't bet on it.
I'm sorry but I do not accept your definition of "economy" as a "mathematical analysis of scarcity of resources." I do believe this is way too narrow a definition of what should constitute a healthy and life sustaining *economy* and our understanding of it.
Secondly, I did specify the particular economic analysis system I was referring too: "all encompassing capitalistic" one. Your suggestion that I was inferring all economic (or math based) analysis "bad" is a misguided interpretation of your own making.
However, as to your suggestion that such an economy as you conceive it, as a mathematical abstraction, "worked too well, not too bad" in *destroying the earth* only serves to prove my point!
Without an ecological ethic (or however else one wants to call it) to guide us, all our scientific and mathematical genius can not save us from continually doing harm via these lofty methodological abstractions -- they need to be grounded in earth based limits and our acceptance of them. In short we need to accept that we aren't demi-gods over this earthly creation but mere caretakers, and very ignorant and fallible ones at that.
Finally, I don't care what anyone may think to negatively label such thoughts as representing. We don't have as much choice in this matter as we pretend we think we do and/or will have. The way we are going about accounting the economy of the world is without a doubt leading us to ruin. Ultimately, earthly reality and the very real limitations that rules the natural world here and within ourselves will prevail over our ecologically unhinged abstract economic conceits.
Whether we make amends before our civilized destruction is complete is *the bet* we are wagering and it is the only one none of us can predict with certainty, but make no mistake we are betting against ourselves daily with our unethical economy as is!
Thus my assertion stands: Nature does not make economic compromises with anyone!