So economic activity requires energy, and a growing economy requires more energy. Next, it doesn’t take a rocket scientist to understand that the probabilities of energy sector accidents increase with – you got it – the level of activity in the energy sector! And gambling with the energy sector is no Saturday jaunt to the tribal casino, where you might hit the jackpot and make an escape. We’re talking about national and global economies – tens of thousands of oil wells, thousands of coal mines, hundreds of nuclear plants, etc. – operating 24/7 and into the long run.Because capitalism requires growth, we can look forward to more disasters if we, the people, allow this system to continue! To assume that we can tame this carnivorous monster into being satisfied with only small portions of a vegetarian diet is sheer lunacy!
That means the “probabilities” play out!
in the time remaining, to help us understand how the man-made system of capitalism will lead to the extinction of our human species, and so many others.
Saturday, June 5, 2010
BP: Beyond Probablilities
from Center for the Advancement of the Steady State Economy (CASSE).