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On the contrary, maybe it's time to acknowledge that some economies may have over-extended in their promises about what standards of living we can come to expec
by uoaei 4y ago
On the contrary, maybe it's time to acknowledge that some economies may have over-extended in their promises about what standards of living we can come to expect.
Rich western countries still depend heavily on other parts of the world being cheap. The last 100 years were the result of the riches extracted from previous centuries of plunder and occupation, and the rush to modernize after the largest government spending projects in history (WWs I and II) induced an unsustainable march toward technological "progress" that could not continue without some later shock and consequent regression due to the inevitabilities (some refer to them merely as externalities) borne of dependence on finite resources. We are currently living through that shock.
- mytailorisrich 4y agoNo, that's the nocive and ridiculous ideology that is destroying Europe. The issues the continent has been facing are purely due to inept policy. There is no problem with producing enough low emission/zero emission energy to maintain living standards. Now, globally living standards have to drastically increase to get rid of poverty. That means drastic increase in consumption as well. The problem that noone is keen to acknowledge is the global population level.
- nivenkos 4y agoHardly, we should be investing in nuclear power and renewable energy to become energy independent as a priority. And throwing everything we can at nuclear fusion research. We can achieve energy that is "too cheap to meter".
- uoaei 4y agoAnother way to say what you said is "we're not there yet" which is exactly what I'm saying.