No One Gets Out Alive

Collapse of Industrial Civilization

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As China’s appetite for resources wanes with the bursting of its real estate bubble and America’s shale oil boom fueled by easy credit comes to an end, floundering petrostates are beginning to queue up for bail-outs. Financialization appears to have exacerbated the collapse in oil prices. Of course none of this capitalist boom-bust cycle negates the fundamentals of peak oil; prices will swing upwards again in a few years as marginal producers get weeded out. After all, the world still consumes nearly three million gallons of oil per minute, and only a relatively thin margin separates surplus from a shortage. Most of our energy usage does not involve electricity which is what alternative energies like wind and solar produce. Electricity comprises just 18% of the total global energy consumption of which alternatives make up a tiny sliver. 250 new human beings are added to the planet every minute; each born into a world of depleting resources and mounting pollution; each scrambling to secure…

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Black America and the Class Divide 

Change, even at the symbolic level, is difficult, of course, and it remains to be seen what this current wave of protests will accomplish. Will the fight against police brutality, symbols of the Confederacy and society’s plethora of micro-aggressions become the basis of a broader movement for the improvement of underfunded public school education, for the right to a job with decent wages, and for the end of residential segregation that relegates the poor to neighborhoods with murder rates as alarming as those on the South Side of Chicago?

What is certain is that the outrage that led to Black Lives Matter and its spinoffs will be with us for years to come unless these legacies of slavery and Jim Crow become remnants of a racist past.

Source: Black America and the Class Divide – The New York Times