Archive for the ‘Economics’ Category

I’ve mentioned the precautionary principle several times, most notably here. Little of our approach to precautions has changed in the two years since that blog post. At the same time, climate change and Mother Nature batter us aggressively. Eventualities remain predictable. Different precautions are being undertaken with respect to the pandemic currently gripping the planet. Arguably, the pandemic is either a subset of Mother Nature’s fury or, if the virus was created in a lab, a self-inflicted wound. Proper pandemic precautions have been confounded by undermining of authority, misinformation, lack of coordination, and politically biased narratives. I’m as confused as the next poor sap. However, low-cost precautions such as wearing masks are entirely acceptable, notwithstanding refusals of many Americans to cooperate after authorities muddied the question of their effectiveness so completely. More significant precautions such as lockdowns and business shutdowns have morphed into received wisdom among government bodies yet are questioned widely as being a cure worse than the disease, not to mention administrative overreach (conspiratorial conjecture withheld).

Now comes evidence published in the New England Journal of Medicine on November 11, 2020, that costly isolation is flatly ineffective at stemming infection rates. Here are the results and conclusions from the abstract of the published study:

A total of 1848 recruits volunteered to participate in the study; within 2 days after arrival on campus, 16 (0.9%) tested positive for SARS-CoV-2, 15 of whom were asymptomatic. An additional 35 participants (1.9%) tested positive on day 7 or on day 14. Five of the 51 participants (9.8%) who tested positive at any time had symptoms in the week before a positive qPCR test. Of the recruits who declined to participate in the study, 26 (1.7%) of the 1554 recruits with available qPCR results tested positive on day 14. No SARS-CoV-2 infections were identified through clinical qPCR testing performed as a result of daily symptom monitoring. Analysis of 36 SARS-CoV-2 genomes obtained from 32 participants revealed six transmission clusters among 18 participants. Epidemiologic analysis supported multiple local transmission events, including transmission between roommates and among recruits within the same platoon.
Among Marine Corps recruits, approximately 2% who had previously had negative results for SARS-CoV-2 at the beginning of supervised quarantine, and less than 2% of recruits with unknown previous status, tested positive by day 14. Most recruits who tested positive were asymptomatic, and no infections were detected through daily symptom monitoring. Transmission clusters occurred within platoons.

So an initial 0.9% tested positive, then an additional 1.9%. This total 2.8% compares to 1.7% in the control group (tested but not isolated as part of the study). Perhaps the experimental and control groups are a bit small (1848 and 1554, respectively), and it’s not clear why the experimental group infection rate is higher than that of the control group, but the evidence points to the uselessness of trying to limit the spread of the virus by quarantining and/or isolation. Once the virus is present in a population, it spreads despite precautions.

A mantra is circulating that we should “trust the science.” Are these results to be trusted? Can we call off all the lockdowns and closures? It’s been at least eight months that the virus has been raging throughout the U.S. Although there might be some instances of isolated populations with no infection, the wider population has by now been exposed. Moreover, some individuals who self-isolated effectively may not have been exposed, but in all likelihood, most of us have been. Accordingly, renewed lockdowns, school and business closures, and destruction of entire industries are a pretense of control we never really had. Their costs are enormous and ongoing. A stay-at-home order (advisory, if you prefer) just went into effect for the City of Chicago on November 16, 2020. My anecdotal observation is that most Chicagoans are ignoring it and going about their business similar to summer and fall months. It’s nothing like the ghost town effect of March and April 2020. I daresay they may well be correct to reject the received wisdom of our civic leaders.

I learned (quickly for once) that Emporis has awarded its annual prize, the 2019 skyscraper of the year, to the Lakhta Center in St. Petersburg, Russia. Although I have blogged quite a bit about skyscrapers and possessed passing familiarity with the name Emporis, I didn’t know buildings actually received awards. In fact, I had suggested that architects held a silent sweepstakes no one actually wins except perhaps in preposterous prestige points for being the tallest building du jour. Guess I was wrong.

Anyway, the Lakhta Center is plenty tall (1,516 ft., more than three times the height of any other building in St. Petersburg) but not a challenger in the international supertall category. Not even in the (current) top ten. But it does feature a version of the twisting design (blogged about here), an apparent antidote to the dreaded box.

So the Lakhta Center can twist, but it can’t exactly shout from the rooftop about its award (since it’s a spire and has no roof). Meanwhile, I remain puzzled that these projects continue to be funded and get built in an era of increasing desperation among peoples who can’t feed, clothe, and house themselves. Tent cities and homeless encampments stand in stark contrast to gleaming skyscrapers. Indeed, if the pandemic has shown us anything, it’s that demand for prime office and/or hotel and condo space in a supertall building is cratering with more of the workforce telecommuting instead of working on site and travelers staying home. I’ve expected these massive, multiyear, multibillion-dollar projects to be abandoned any time now. Yet they continue to move forward, and at no modest pace. My shouts aren’t being heard, either.

/rant on

Remember all those folks in the weeks and days preceding election day on November 4, 2020, who were buying guns, ammo, and other provisions in preparation for civil breakdown? (No one known personally, of course, and gawd no not actually any of us, either; just them other others who don’t read blogs or anything else.) Well, maybe they were correct adopting the precautionary principal (notably absent from a host of other perils besetting us). But as of this writing, nothing remotely resembling widespread disruption — feared by some, hotly anticipated by others — has developed. But wait! There’s still time. Considering Americans were set up by both political parties to distrust the outcome of the presidential race no matter which candidate claimed to have prevailed, we now face weeks or months of legal challenges and impatient formation of agitators (again, both sides) demanding their candidate be declared the winner (now, dammit!) by the courts instead of either official ballot-counters or the liberal-biased MSM. To say our institutions have failed us, and further, that political operatives all the way up to the sitting president have been openly fomenting violence in the streets, is a statement of the obvious.

Among my concerns more pressing than who gets to sit in the big chair, however, is the whipsawing stock market. Although no longer an accurate proxy of overall economic health or asset valuation, the stock market’s thoroughly irrational daily reaction to every rumor of, say, a vaccine for the raging coronavirus, or resumption of full economic activity and profitability despite widespread joblessness, renewed lockdowns, and a massive wave of homelessness in the offing due to bankruptcies, evictions, and foreclosures, none of this bodes well for the short-term future and maintenance of, oh, I dunno, supply lines to grocery stores. Indeed, I suspect we are rapidly approaching our very own Minsky Moment, which Wikipedia describes as “a sudden, major collapse of asset values which marks the end of the growth phase of a cycle in credit markets or business activity” [underlying links omitted]. This is another prospective event (overdue, actually) for which the set-up has been long prepared. Conspiratorial types call it “the great reset” — something quite different from a debt jubilee.

For lazy thinkers, rhyming comparisons with the past frequently resort to calling someone a Nazi (or the new Hitler) or reminding everyone of U.S. chattel slavery. At the risk of being accused of similar stupidity, I suggest that we’re not on the eve of a 1929-style market crash and ensuing second great depression (though those could well happen, too, bread lines having already formed in 2020) but are instead poised at the precipice of hyperinflation and intense humiliation akin to the Weimar Republic in 1933 or so. American humiliation will result from recognition that the U.S. is now a failed state and doesn’t even pretend anymore to look after its citizens or the commonweal. Look no further than the two preposterous presidential candidates, neither of whom made any campaign promises to improve the lives of average Americans. Rather, the state has been captured by kleptocrats. Accordingly, no more American exceptionalism and no more lying to ourselves how we’re the model for the rest of the world to admire and emulate.

Like Germany in the 1930s, the U.S. has also suffered military defeats and stagnation (perhaps by design) and currently demonstrates a marked inability to manage itself economically, politically, or culturally. Indeed, the American people may well be ungovernable at this point, nourished on a thin gruel of rugged individualism that forestalls our coming together to address adversity effectively. The possibility of another faux-populist savior arising out of necessity only to lead us over the edge (see the Great Man Theory of history) seems eerily likely, though the specific form that descent into madness would take is unclear. Recent history already indicates a deeply divided American citizenry having lost its collective mind but not yet having gone fully apeshit, flinging feces and destroying what remains of economically ravaged communities for the sheer sport of it. (I’ve never understood vandalism.) That’s what everyone was preparing for with emergency guns, ammo, and provisions. How narrowly we escaped catastrophe (or merely delayed it) should be clear in the fullness of time.

/rant off

What a doomer (finance only) U.S. presidential candidate might have said to voters if the truth were told, according to Egon von Greyerz (Britishisms noted):

Our nation is bankrupt. We cannot make ends meet and we need to eliminate Medicare/Medicaid, Social Security and Defence totally to balance the budget. That will save us $3 trillion which almost covers the 2020 deficit.

The problem is that we expect a bigger deficit next year. Covid is paralysing major parts of the country and will be very costly. It will also have permanent negative effects. In addition, we expect major problems in the insolvent financial system. This will necessitate the printing of further trillions of dollars or even tens of trillions.

But as we print these dollars, we get an ever bigger problem. The value of the dollar will fall precipitously and we will need to print and borrow even more. That will create a vicious circle with a lower dollar, bigger deficits and bigger debts plus inflation.

So these are the facts. I am obviously very sorry to present these to you but I am certain that there can be no other outcome.

I sincerely hope that you will elect me on this platform. After all, I am the only presidential candidate in history who has told his people the truth and the real state of the nation.

And please don’t believe the fake promises of the other candidate. A liar doesn’t deserve to be president.

Finally, I promise to do my best to manage the coming disorderly collapse of the USA to the best of my ability.

Our society fixates on Nazi Germany with such masturbatory fascination because it allows
us to pretend that horrific mass-scale evil is just something that was inflicted in the past, by someone
else, in another part of the world, and not right here and now by our own government.
—Caitlin Johnstone

Johnstone continues to impress with her ability to concentrate a variety of ideological traits and behaviors into a succinct aphorism, though the one above isn’t especially short. Nazis are the canonical example of fixation, of course, but perusal of recent history indicates any number of others standing in today for yesteryear’s Nazis, e.g., Soviets/Russians, Islamofascists, and Chinese. U.S. thought leaders are sloppy that way. Fixation on others functions as an acute distancing (from ourselves) and distraction mechanism to avoid any discomfiting self-examination we might undertake, as well as to provide scapegoats for negative identity that drives American psychosis. We’re not alone in that regard.

National identity is not the primary subject of this blog post, however. It’s how the United States (in particular, but the rest of the world in the wake of its example) has become a shit show of mismanagement and dysfunction, or put another way, how the U.S. has become a failed state. Quite an accomplishment considering that, for at least a little while longer, the U.S. is the world’s hegemon.

Have a look at this list of the federal executive departments and their chiefs:

  • Dept. of State — Secretary Mike Pompeo
  • Dept. of Treasury — Secretary Steven Mnuchin
  • Dept. of Defense — Secretary Dr. Mark T. Esper
  • Dept. of Justice — Attorney General William P. Barr
  • Dept. of Interior — Secretary David Bernhardt
  • Dept. of Agriculture (USDA) — Secretary Sonny Perdue III
  • Dept. of Commerce — Secretary Wilbur L. Ross, Jr.
  • Dept. of Labor — Secretary Eugene Scalia
  • Dept. of Health and Human Services (HHS) — Secretary Alex Azar
  • Dept. of Housing and Urban Development (HUD) — Secretary Ben Carson
  • Dept. of Transportation (DOT) — Secretary Elaine Chao
  • Dept. of Energy (DOE) — Secretary Rick Perry
  • Dept. of Education — Secretary Betsy DeVos
  • Dept. of Veterans Affairs (VA) — Secretary Robert Wilkie
  • Dept. of Homeland Security — Acting Secretary Chad Wolf

Budgets for these departments range from just under $10 billion to nearly $1.3 trillion, covering most of areas of American life outside of entertainment (including the arts, sports, games, and what some argue is the preeminent art form during lockdown, streaming TV). Of those chiefs above, the most infamous ones are known because they’re embroiled in ongoing controversy or were appointed to dismantle the department itself — a cynical Republican strategy to ruin, not run, various government activities. A blurb behind each one demonstrating its most abject failure would be relatively easy to compile, but I demur. Instead, here’s a cogent example: James Howard Kunstler’s assessment of the death of education. Another example is a YouTube video called “Seattle is Dying,” a local news documentary from March 2019 (well before the pandemic) about how homelessness is ruining Seattle. People literally living and dying in the streets had been in mind when this was published a couple days ago:

Clearly, the situation in Seattle (and indeed, every American city) is poised to get very much worse. The U.S. is a failed state, yet our elected government is driving it further into the ground. As bad as everything is now, amidst a global pandemic, unemployment and homelessness spiking unprecedentedly, debt being piled onto taxpayers to keep asset prices high (read: to keep the wealthy whole), and what Caitlin Johnstone calls a slo-mo war against those few countries not yet absorbed into the U.S. empire’s power nexus, there is still that other looming catastrophe going largely ignored: climate change. Xray Mike came back to life at his blog (where I used to post as well) to remind that things around the world are still every bit as awful (and worsening) as one could imagine:

As governments stared glass-eyed at what was unfolding in China earlier this year, the fragility of modern life’s interconnectedness was soon to be laid bare by a microscopic organism. Within a couple months of the onset of the coronavirus pandemic, airline travel from China had spread the novel virus to more than 60 countries. Despite decades of warnings about the inevitability of such an event, politicians had paid about as much lip service to preventing the next pandemic as they had to dealing with climate change. As has been warned by health experts, the best we can hope for is to blunt the effects of the COVID-19 disease on the global population; eradicating it will be futile. Something similar could be said of the legacy effects of our CO2 emissions which will haunt life on Earth for time immemorial. [underlying links removed]

We are not just a failed state but a failed civilization. But hey, vote for one of the two stooges offered by the failed two-party system in the sham presidential election in two months. How could it possibly get any worse?

This 9-year-old blog post continues to attract attention. I suspect the reason behind sustained interest is use of the term structural violence, which sits adjacent to voguish use of the term structural racism. Existence of permanent, institutionalized violence administered procedurally rather than through blunt, behavioral force (arguably still force but obfuscated through layers of bureaucracy) seems pretty plain to most observers. Typical analyses cite patriarchy and white supremacism as principal motivators, and those elements are certainly present throughout American history right up to today. I offer a simpler explanation: greed. Thus, most (though not all) institutionalized violence can be chalked up to class warfare, with the ownership class and its minions openly exacting tribute and stealing everyone’s future. Basically, all resources (material, labor, tax dollars, debt, etc.) can be attached, and those best positioned to bend administrative operations to their will — while pretending to help commoners — stand to gain immensely.

It doesn’t much matter anymore whose resources are involved (pick your oppressed demographic). Any pool is good enough to drain. But because this particular type of violence has become structural, after gathering the demographic data, it’s an easy misdirection to spin the narrative according to divergent group results (e.g., housing, educational opportunity, incarceration rates) where such enduring structures have been erected. While there is certainly some historical truth to that version of the story, the largest inanimate resource pools are not readily divisible that way. For instance, trillions of dollars currently being created out of nothingness to prop up Wall Street (read: the ownership class) redound upon the entire U.S. tax base. It’s not demographically focused (besides the beneficiaries, obviously) but is quite literally looting the treasury. Much the same can be said of subscriber and customer bases of commercial behemoths such as Walmart, Amazon, McDonald’s, and Netflix. Those dollars are widely sourced. One can observe, too, that the ownership class eschews such pedestrian fare. Elites avoiding common American experience is reflected as well in the U.S. armed services, where (depending on whom one believes: see here and here) participation (especially enlisted men and women) skews toward the working class. Consider numerous recent U.S. presidents (and their offspring) who manage to skip out on prospective military service.

What’s surprising, perhaps, is that it’s taken so long for this entrenched state of affairs (structural violence visited on all of us not wealthy enough to be supranational) to be recognized and acted upon by the masses. The Occupy Movement was a recent nonviolent suggestion that we, the 99%, have had quite enough of this shit. Or course, it got brutally shut down and dispersed. A couple days ago, a caravan of looters descended upon the so-called Magnificent Mile in Chicago, the site of numerous flagship stores of luxury brands and general retailers. I don’t approve of such criminal activity any more than the ownership class looting the treasury. But it’s not hard to imagine that, in the minds of some of the Chicago looters at least, their livelihoods and futures have been actively stolen from them. “Look, over there! In that window! Resources for the benefit of rich people. They’ve been stealing from us for generations. Now let’s steal from them.” The big difference is that designer handbags, electronics, and liquor hauled away from breached storefronts is relatively minor compared to structural violence of which we’ve become more acutely aware recently. Put another way, complaining about these looters while ignoring those looters is like complaining about someone pulling your hair while someone else is severing your legs with a chainsaw, leaving you permanently disabled (if not dead). They’re not even remotely in the same world of harm.

The previous version of this blog post was about flora and fauna dying off and/or being driven to endangerment and extinction by direct and indirect effects of human activity, and on the flip side, collective human inactivity to stop or forestall the worst effects. Indeed, removal and rollback of environmental restrictions and regulations hasten the ongoing ecocide. This version is about three more things disappearing right before our eyes like some sort of macabre magic act: American jobs, American businesses, and civil society.

Job losses stemming from the Covid-19 pandemic and government-mandated shut-downs and quarantines have been reported ad nauseum, as have mounting deaths. No need to cite the numbers. To call this disappearance of people from the streets and workplaces sickening is a redundancy. Despite an immediate Federal response (by the Fed) to prop up the stock market (a literal entity) but not main street (a figurative entity), businesses both large and small are now performing this same disappearing act. Again, no need to cite the numbers, which are worsening continuously. It’s impossible to predict what will be left after this destructive phase runs its course. I don’t expect it to be creative destruction (also the name of the defunct group blog where I got my start blogging). In the meantime, however, plenty of price gougers, vultures, scammers, and opportunists seek to exploit new capitalist dynamics. As the unemployed and disenfranchised are further reduced to penury, many have taken to the streets to demand change. While the inciting incident was yet another unarmed black man killed by police in the course of his arrest, the wider context of unrest in the streets is the utterly preposterous level of wealth and income inequality. Two short-lived sovereign zones in Seattle and Portland (declared and undeclared, respectively) attest to a lack of confidence in state authority and fraying rule of law. Federal law enforcement officers disappearing protesters from the street speaks volumes regarding how the citizenry is regarded by politicians. The looming wave of evictions, foreclosures, and bankruptcies also promise to overwhelm civil society and prove the illegitimacy of our current government.

The connection between one set of disappearing acts and the next should be obvious, as we humans rely upon the natural world for our very survival. The modern industrial world, especially in those societies organized around capitalism, has been at war with nature (ecocide), extracting far more than necessary for a balanced, respectable life. Instead, wanton accumulation and self-aggrandizement (read: ballin’) are commonplace, at least for those who can. In the process, we’ve made ourselves vulnerable to even modest perturbations of this hypercomplex style of social organization. Well, surprise! The war on nature is no longer taking place over there, socially distanced, out of sight and out of mind; the war has come home. Nature struck back, blindly demanding a return to equilibrium. The disappearing act turns out to be part of a much larger balancing act. However, processes we humans initiated make impossible any such return except perhaps over evolutionary time. For the foreseeable future, the only paved path is toward unfathomable loss.

Caveat: rather overlong for me, but I got rolling …

One of the better articles I’ve read about the pandemic is this one by Robert Skidelsky at Project Syndicate (a publication I’ve never heard of before). It reads as only slightly conspiratorial, purporting to reveal the true motivation for lockdowns and social distancing, namely, so-called herd immunity. If that’s the case, it’s basically a silent admission that no cure, vaccine, or inoculation is forthcoming and the spread of the virus can only be managed modestly until it has essentially raced through the population. Of course, the virus cannot be allowed to simply run its course unimpeded, but available impediments are limited. “Flattening the curve,” or distributing the infection and death rates over time, is the only attainable strategy and objective.

Wedding mathematical and biological insights, as well as the law of mass action in chemistry, into an epidemic model may seem obvious now, but it was novel roughly a century ago. We’re also now inclined, if scientifically oriented and informed, to understand the problem and its potential solutions management in terms of engineering rather than medicine (or maybe in terms of triage and palliation). Global response has also made the pandemic into a political issue as governments obfuscate and conceal true motivations behind their handling (bumbling in the U.S.) of the pandemic. Curiously, the article also mentions financial contagion, which is shaping up to be worse in both severity and duration than the viral pandemic itself.


/rant on

Had a rather dark thought, which recurs but then fades out of awareness and memory until conditions reassert it. Simply put, it’s that the mover-shaker-decision-maker sociopaths types in government, corporations, and elsewhere (I refuse to use the term influencer) are typically well protected (primarily by virtue of immense wealth) from threats regular folks face and are accordingly only too willing to sit idly by, scarcely lifting a finger in aid or assistance, and watch dispassionately as others scramble and scrape in response to the buffeting torrents of history. The famous example (even if not wholly accurate) of patrician, disdainful lack of empathy toward others’ plight is Marie Antoinette’s famous remark: “Let them eat cake.” Citing an 18th-century monarch indicates that such tone-deaf sentiment has been around for a long time.

Let me put it another way, since many of our problems are of our own creation. Our styles of social organization and their concomitant institutions are so overloaded with internal conflict and corruption, which we refuse to eradicate, that it’s as though we continuously tempt fate like fools playing Russian roulette. If we were truly a unified nation, maybe we’d wise up and adopt a different organizational model. But we don’t shoulder risk or enjoy reward evenly. Rather, the disenfranchised and most vulnerable among us, determined a variety of ways but forming a substantial majority, have revolvers to their heads with a single bullet in one of five or six chambers while the least vulnerable (the notorious 1%) have, in effect, thousands or millions of chambers and an exceedingly remote chance of firing the one with the bullet. Thus, vulnerability roulette.

In the midst of an epochal pandemic and financial crisis, who gets sacrificed like so much cannon fodder while others retreat onto their ocean-going yachts or into their boltholes to isolate from the rabble? Everyone knows it’s always the bottom rungs of the socioeconomic ladder who unjustly suffer the worst, a distinctly raw deal unlikely ever to change. The middle rungs are also suffering now as contraction affects more and more formerly enfranchised groups. Meanwhile, those at the top use crises as opportunities for further plunder. In an article in Rolling Stone, independent journalist Matt Taibbi, who covered the 2008 financial collapse, observes that our fearless leaders (fearless because they secure themselves before and above all else) again made whole the wealthiest few at the considerable expense of the rest:

The $2.3 trillion CARES Act, the Donald Trump-led rescue package signed into law on March 27th, is a radical rethink of American capitalism. It retains all the cruelties of the free market for those who live and work in the real world, but turns the paper economy into a state protectorate, surrounded by a kind of Trumpian Money Wall that is designed to keep the investor class safe from fear of loss.

This financial economy is a fantasy casino, where the winnings are real but free chips cover the losses. For a rarefied segment of society, failure is being written out of the capitalist bargain.

Why is this a “radical rethink”? We’ve seen identical behaviors before: privatization of profit, indemnification of loss, looting of the treasury, and refusal to prosecute exploitation, torture, and crimes against humanity. Referring specifically to financialization, this is what the phrase “too big to fail” means in a nutshell, and we’ve been down this stretch of road repeatedly.

Naturally, the investor class isn’t ordered back to work at slaughterhouses and groceries to brave the epidemic. Low-wage laborers are. Interestingly, well compensated healthcare workers are also on the vulnerability roulette firing line — part of their professional oaths and duties — but that industry is straining under pressure from its inability to maintain profitability during the pandemic. Many healthcare workers are being sacrificed, too. Then there are tens of millions newly unemployed and uninsured being told that the roulette must continue into further months of quarantine, the equivalent of adding bullets to the chambers until their destruction is assured. The pittance of support for those folks (relief checks delayed or missing w/o explanation or recourse and unemployment insurance if one qualifies, meaning not having already been forced into the gig economy) does little to stave off catastrophe.

Others around the Web have examined the details of several rounds of bailout legislation and found them unjust in the extreme. Many of the provisions actually heap insult and further injury upon injury. Steps that could have been taken, and in some instances were undertaken in past crises (such as during the Great Depression), don’t even rate consideration. Those safeguards might include debt cancellation, universal basic income (perhaps temporary), government-supported healthcare for all, and reemployment through New Deal-style programs. Instead, the masses are largely left to fend for themselves, much like the failed Federal response to Hurricane Katrina.

Some of this is no doubt ideological. A professional class of ruling elites are the only ones to be entrusted with guiding the ship of state, or so goes the political philosophy. But in our capitalist system, government has been purposefully hamstrung and hollowed out to the point of dysfunction precisely so that private enterprise can step in. And when magical market forces fail to stem the slide into oblivion, “Welp, sorry, th-th-that’s all folks,” say the supposed elite. “Nothing we can do to ease your suffering! Our attentions turn instead to ourselves, the courtiers and sycophants surrounding us, and the institutions that enable our perfidy. Now go fuck off somewhere and die, troubling us no more.”

/rant off

I’ll try to be relatively brief, since I’ve been blogging about industrial and ecological collapse for more than a decade. Jeff Gibbs released a new documentary called Planet of the Humans (sideways nod to the dystopian movie franchises Planet of the Apes — as though humans aren’t also apes). Gibbs gets top billing as the director, but this is clearly a Michael Moore film, who gets secondary billing as the executing producer. The film includes many of Moore’s established eccentricities, minus the humor, and is basically an exposé on greenwashing: the tendency of government agencies, environmental activists, and capitalist enterprises to coopt and transform earnest environmental concern into further profit-driven destruction of the natural environment. Should be no surprise to anyone paying attention, despite the array of eco-luminaries making speeches and soundbites about “green” technologies that purport to save us from rendering the planet uninhabitable. Watching them fumble and evade when answering simple, direct questions is a clear indication of failed public-relations approaches to shaping the narrative.

Turns out that those ballyhooed energy sources (e.g., wind, solar, biofuel, biomass) ride on the back of fossil fuels and aren’t any more green or sustainable than the old energy sources they pretend to replace. Again, no surprise if one has even a basic understanding of the dynamics of energy production and consumption. That admittedly sounds awfully jaded, but the truth has been out there for a long time already for anyone willing and able to confront it. Similarly, the documentary mentions overpopulation, another notorious elephant in the room (or herd of elephants, as aptly put in the film), but it’s not fully developed. Entirely absent is any question of not meeting energy demand. That omission is especially timely given how, with the worldwide economy substantially scaled back at present and with it significant demand destruction (besides electricity), the price of oil has fallen through the floor. Nope, the tacit assumption is that energy demand must be met despite all the awful short- and long-term consequences.

Newsfeeds indicate that the film has sparked considerable controversy in only a few days following release. Debate is to be expected considering a coherent energy strategy has never been developed or agreed upon and interested parties have a lot riding on outcomes. Not to indulge in hyperbole, but the entire human race is bound up in the outcome, too, and it doesn’t look good for us or most of the rest of the species inhabiting the planet. Thus, I was modestly dismayed when the end of the film wandered into happy chapter territory and offered the nonsensical platitude in voiceover, “If we get ourselves under control, all things are possible.” Because we’ve passed and in fact lapped the point of no return repeatedly, the range of possibilities has shrunk precipitously. The most obvious is that human population of 7.7 billion (and counting) is being sorely tested. If we’re being honest with ourselves, we also know that post-pandemic there can be no return to the world we’ve known for the past 70 years or so. Although the documentary could not be reasonably expected to be entirely up to date, it should at least have had the nerve to conclude what the past few decades have demonstrated with abundant clarity.


This review provides support for my assessment that “green” or “sustainable” energy cannot be delivered without significant contribution of fossil fuels.