posted on Jul, 6 2014 @ 06:52 PM
a reply to: Aazadan
By economic system, I meant something other than capitalism. It will never be clearer how capitalism not only leads to inherent crises of
overconsumption, but that capitalists will be massively exploiting the future energy crisis. Those who control fuel commodities will inherently want
the working class to treat fuel as their primary sustenance, to spend their paycheques on fuel to work towards the fuel industry, producing more fuel.
It's already happening in Alberta where the oil sands and service industries are virtually their entire economic base.
The fuel crisis will change everything about economic geography. The automobile led to roads, highways and parking lots. What will happen to this
infrastructure and the design of urban areas when people can no longer drive vehicles?
Yes, you are right that progressive technology and post-modern urban development can be more efficient. But to make it efficient overall, is a huge
prospect. It needs to be taken seriously now, but it isn't. It would mean the decline or stagnation for industries like oil and automotive.
Electric cars are tricky too, because they require a lot of rare earth minerals that are declining at the same rate as oil in their extraction and
overproduction. China owns a vast monopoly on some of these essential minerals and have been strategically creating a monopoly over the future
electric car market.
For the USA to survive as it is, it must accept two things: diplomacy over aggression in its foreign policy, and extensive austerity measures that
will benefit resource-rich countries like Venezuela, Russia, China, Canada, etc. When the USA really starts to feel the pressure from lack of
resources for industry, it would also be hard to threaten military action against anyone when the logistics just aren't feasible. Other countries
may just jump on the chance to subordinate the USA down a few notches, especially in terms of economic sanctions.