Democratic Underground - Mobus' straw man is simply wrong.

Reply #1: Mobus' straw man is simply wrong. [View All]

FBaggins

(1000+ posts) Send PM | Profile | Ignore

Fri Apr-16-10 10:22 AM
Response to Original message

1. Mobus' straw man is simply wrong.

Growth is only possible when energy flow is increasing

Since this statement is flat wrong... and assuptions derived from it are without merit.

Short of a miracle (let's pray for it!) energy flows are about to decline in a serious way.

Presume not only that Peak Oil theory is correct (that it has already passed) but also that "peak justabouteverythingelse" miraculously coincides with it. This, too, is incorrect.

The future does not include growth of the GDP or profits. Capitalism as it has been practiced in the 20th century and now hanging on in the early 21st century is dead

Don't have a clue how he makes the leap to capitalism. Any OTHER economic system would ALSO be "dead" if we accept his underlying assumptions.

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Reply #1: Mobus' straw man is simply wrong. [View All]