Yves here. Chris Hedges opens a new series on Real News Network by discussing how dire our current situation is, particularly from an ecological perspective, and the reluctance to acknowledge it and take corrective measures. Hedges incorporates a religious perspective, which I anticipate will resonate with some readers and not with others. But absent religion, it appears to be surprisingly difficult to get most people to worry about the consequences of their actions if they think they are likely to occur after their death. Personally, I think we are already seeing the impact (Hedges points to the efforts of the rich to isolate themselves from the rest of society). And with scarcity of potable water estimated to become a large-scale problem by 2050, and climate disruption affecting agricultural production now, the runway is likely to be shorter than many people anticipate.
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- Joan Robinson’s “Introduction to Modern Economics” - 04/15/2014 - Lambert Strether
- Links 4/15/14 - 04/15/2014 - Yves Smith
- Planned Obsolescence Disguised as Innovation, Oligopoly Disguised as a Free Market, and the Enrichment of Oligarchs - 04/15/2014 - Yves Smith