Stories tagged with "paradigm change"
Sacred Cows for Clunkers?
Posted by Nate Hagens on August 1, 2009 - 10:39am in The Oil Drum: Campfire
Topic: Policy/Politics
Tags: bicycle, efficiency, paradigm change [list all tags]
In the continued series of government-to-industry wealth transfers to prop up a system requiring paradigm change, the "Cash for Clunkers" program was extended this week, this time bailing out the car dealers and providing a shot in the arm to automakers and some folks looking for cheap cars. While the $3-4 billion targeted for this program pales in comparison to the trillions already destined for the financial, auto, housing, mortgage, etc. industries, it gives another in an unbroken line of transparent signals as to the strategy: get us back to where we were and things will be OK.
Tonights Campfire questions revolve around what type of strategies could break the cycle of myopic baby steps?

Down the Rabbit Hole
Posted by Jason Bradford on February 13, 2009 - 10:24am
Topic: Sociology/Psychology
Tags: behavioral economics, investing, paradigm change, sharon astyk [list all tags]
This is guest post by Sharon Astyk. In the CNBC interview mentioned, Taleb says that our money system can't be based on debt, which is very different from what most are thinking.
“It was much pleasanter at home, when one wasn’t always growing larger and smaller, and being ordered about by mice and rabbits.” - Alice in Wonderland
Rod Dreher has a fascinating observation over at his blog. He talks about watching an interview on CNBC with Taleb and Roubini:
Both men are notorious bears, and called the current crash long in advance. Both, CNBC tells us, were the hottest tickets at the recent Davos gathering. CNBC called them in to discuss the crisis. Roubini and Taleb were both trying to make their case for why what’s wrong with the economy is radical, is fundamental, goes to the very base of all our economic assumptions.
The CNBC twits just wanted stock tips and investing advice.
Advice To Pres. Obama (#2): Yes We Can, But Will We?
Posted by Nate Hagens on January 15, 2009 - 12:49pm
Topic: Environment/Sustainability
Tags: barack obama, bold, cabinet, conspicuous consumption, demand, environment, net energy, obama energy advice, original, paradigm change, supply, theoildrum, tradeoffs [list all tags]
The below post/letter is very important to me, as it brings together much of what I have worked on the past few years. We are at a major crossroads in the history of our nation and our world - the juncture where financial capital no longer can function as an effective marker for real capital. The crisis we face is the product of our own success - therefore it is highly unlikely to be fixed with the same policies and thinking that steered us to the present precipice. There are dozens if not hundreds of salient aspects of our supply and demand situation, each with its own cheerleaders, opponents and unaware. Unless one casts a wide boundary net, myopic focus on any particular issue runs the risk of creating more long term harm than good. In this letter, I attempt to highlight our situation's most critical components, not claiming other issues are unimportant, but that the following principles likely trump/supercede the others:
1) It is energy, not money, that powers our economies. Money is only a marker for real capital.
2) All energy is not equal- each energy investment entails different input costs, and has different output quality, often not recognized by the market system, nor by many environmentalists. We are at peak oil globally and are likely approaching the net energy cliff for the USA
3)The highest odds for arriving at a better energy future lie in exploration of, understanding of, and ultimate jettisoning of our cultural addiction/habituation to conspicuous consumption. Ends and then means.


k Nation (Jim Kunstler)






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