Posts Tagged ‘Collapse’

Well, dammit! Guess I’m gonna have to add a SWOTI tag after all. Obviously, I’ve been paying too much attention to bogus pronouncements by economists.

/rant on

Yet more fools stating confidently that climate change is not really a serious concern has me gasping in exasperation. Take, for instance, this astounding paragraph by Egon von Greyerz:

Yes, of course global warming has taken place recently as the effect of climate cycles. But the cycle has just peaked again which means that all the global warming activists will gradually cool down with the falling temperatures in the next few decades. The sun and the planets determine climate cycles and temperatures, like they have for many millions of years, and not human beings. [emphasis added]

So no climate change worries to disturb anyone’s dreams. Sleep soundly. I’m so relieved. All the effort expended over the past decades toward understanding climate change can be waived off with a mere three sentences by a motivated nonexpert. The linked webpage offers no support whatsoever for these bald statements but instead goes on to offer economic prophecy (unironically, of certain doom). For minimal counter-evidence regarding climate change, embedded below is a two-year-old video explaining how some regions are expected to become uninhabitable due to high wet-bulb temperatures.

The article ends with these brief paragraphs:

There is no absolute protection against this scenario [economic collapse] since it will hit all aspects of life and virtually all people. Obviously, people living off the land in remote areas will suffer less whilst people in industrial and urban areas will suffer considerably.

The best financial protection is without hesitation physical gold and some silver. These metals are critical life insurance. But there are clearly many other important areas of protection to plan for. A circle of friends and family is absolutely essential. [emphasis in original]

Ok, so I’m wrong: they guy’s not an economist at all; he’s a salesman. After placating one catastrophe only to trot out another, his scaremongering message clear: buy gold and silver. Might not be a bad idea, actually, but that won’t protect against TEOTWAWKI. So whose eyes are deceiving them, Egon’s or mine (or yours)? He’s selling precious metals; I’m sharing the truth (best as I can ascertain, anyway).

The other idiotic thing to darker my brow was several actual economists asked about the economic effects of implementing Greta Thunberg’s dream world (sarcasm much?). If her dream world is spelled out somewhere, I haven’t seen it, nor is it provided (link or otherwise) in the article. Seems like the sort of invented argument attached to a trending name for the purpose of clickbait attacking the messenger and thus shooting down her message. However, let me be generous for a moment and suggest that efforts to stop climate change include, at a minimum, getting off fossil fuels, reforming Big Ag, and denying developing nations their quest to join the First-World Age of Abundance. Those are the three subjects discussed in the article. These economists’ conclusion? It will be, um, costly. Well, yeah, true! Very costly indeed. I agree entirely. But what of the cost if those things aren’t done? Isn’t that question implied? Isn’t that what Greta Thunberg has insisted upon? The answer is it will cost far more, though perhaps not in something as cravenly readily quantifiable as profit or cost. Referring again to the embedded video above, it will cost us the very habitability of the planet, and not in just a few restricted regions we can add to existing sacrifice zones. Widespread species dislocation and die-off will include the human species, since we rely on all the others. Some prophesy a human death pulse of monstrous proportion (several billions, up to perhaps 90% of us) or even near-term human extinction. Is that costly enough to think about the problem differently, urgently, as Greta Thunberg does? Might the question be better framed as the cost of not implementing Greta Thunberg’s dream world so that economists are sent off on a different analytical errand?

In the middle of the 19th century, Scottish satirist Thomas Carlyle called economics The Dismal Science, which description stuck. The full context of that coinage may have had more to do with slavery than poor scholarship, so in the context of lying or at least misleading with numbers, I propose instead calling it The Deceitful Science. Among the stupid habits to dispel is the risible notion that, by measuring something as a means of understanding it, we grasp its fullness, and concomitantly, what’s really important. I suggest further that most economists deceive themselves by performing a fundamentally wrong kind of analysis.

The issue of deceit is of some importance beyond getting at the truth of climate change. Everything in the public sphere these days is susceptible to spin, massage, and reframing to such a degree that an epistemological crisis (my apt term) has fundamentally altered sense making, with the result that most nonexperts simply don’t know what to believe anymore. Economists are doing no one any favors digressing into areas beyond their Deceitful Science.

/rant off

Delving slightly deeper after the previous post into someone-is-wrong-on-the-Internet territory (worry not: I won’t track far down this path), I was dispirited after reading some economist dude with the overconfidence hubris to characterize climate change as fraud. At issue is the misframing of proper time periods in graphical data for the purpose of overthrowing government and altering the American way of life. (Um, that’s the motivation? Makes no sense.) Perhaps this fellow’s intrepid foray into the most significant issue of our time (only to dismiss it) is an aftereffect of Freakonomics emboldening economists to offer explanations and opinions on matters well outside their field of expertise. After all, truly accurate, relevant information is only ever all about numbers (read: the Benjamins), shaped and delivered by economists, physical sciences be damned.

The author of the article has nothing original to say. Rather, he repackages information from the first of two embedded videos (or elsewhere?), which examines time frames of several trends purportedly demonstrating global warming (a term most scientists and activists have disused in favor of climate change, partly to distinguish climate from weather). Those trends are heat waves, extent of Arctic ice, incidence of wildfires, atmospheric carbon, sea level, and global average temperature. Presenters of weather/climate information (such as the IPCC) are accused of cherry-picking dates (statistical data arranged graphically) to present a false picture, but then similar data with other dates are used to depict another picture supposedly invalidating the first set of graphs. It’s a case of lying with numbers and then lying some more with other numbers.

Despite the claim that “reports are easily debunked as fraud,” I can’t agree that this example of climate change denial overcomes overwhelming scientific consensus on the subject. It’s not so much that the data are wrong (I acknowledge they can be misleading) but that the interpretation of effects of industrial activity since 1750 (a more reasonable comparative baseline) isn’t so obvious as simply following shortened or lengthened trend lines and demographics up or down. That’s typically zooming in or out to render the picture most amenable to a preferred narrative, precisely what the embedded video does and in turn accuses climate scientists and activists of doing. The comments under the article indicate a chorus of agreement with the premise that climate change is a hoax or fraud. Guess those commentators haven’t caught up yet with rising public sentiment, especially among the young.

Having studied news and evidence of climate change as a layperson for roughly a dozen years now, the conclusions drawn by experts (ignoring economists) convince me that we’re pretty irredeemably screwed. The collapse of industrial civilization and accompanying death pulse are the predicted outcomes but a precise date is impossible to provide because it’s a protracted process. An even worse possibility is near-term human extinction (NTHE), part of the larger sixth mass extinction. Absorbing this information has been a arduous, ongoing, soul-destroying undertaking for me, and evidence keeps being supplemented and revised, usually with ever-worsening prognoses. However, I’m not the right person to argue the evidence. Instead, see this lengthy article (with profuse links) by Dr. Guy McPherson, which is among the best resources outside of the IPCC.

In fairness, except for the dozen years I’ve spent studying the subject, I’m in no better position to offer inexpert opinion than some economist acting the fool. But regular folks are implored to inform and educate themselves on a variety of topics if nothing else than so that they can vote responsibly. My apprehension of reality and human dynamics may be no better than the next, but as history proceeds, attempting to make sense of the deluge of information confronting everyone is something I take seriously. Accordingly, I’m irked when contentious issues are warped and distorted, whether earnestly or malignantly. Maybe economists, like journalists, suffer from a professional deformation that confers supposed explanatory superpowers. However, in the context of our current epistemological crisis, I approach their utterances and certainty with great skepticism.

For want of a useful way to describe multiple, intersecting problems plaguing the modern world — a nest of problems, if you will — let me adopt matryoshkas (a/k/a Russian nesting dolls). The metaphor is admittedly imperfect because problems are not discrete, resized replicas of each other that nest snugly, one inside the next. Rather, a better depiction would look more like some crazy mash-up of a Venn diagram and a Rorschach test but without the clean dividing lines or symmetry.

I use matryoshkas because they bear close relationship to each other. Also, the matryoshka is a maternal figure, much like Mother Earth. Matryoshkas are interlocking, each affecting others, though their relationships beyond the metaphor are far too complex to manage or manipulate effectively. For instance, the expansionary (growth) economy matryoshka (the paradigmatic problem of our time), nested two or three levels inside the Mother Earth matryoshka, bursts the outer dolls from within, whereas the collapsing Mother Earth matryoshka crushes the inner dolls. Similarly, if the economy matryoshka contracts (as it should and must), other inner dolls (e.g., nation states) will not survive. Which matryoshka fits inside another is a matter of interpretation. The one representing human consciousness is especially hard to position because it’s both cause and effect.

The Global Climate Strike underway this week reminds us of the outermost matryoshka, the largest one that contains or encapsulates all the others. Dealing with this biggest problem (since it’s truly an extinction level event, though slow-acting due to its global scale) has been delayed so long that (to mix my metaphors) the patient has become terminal. The diagnosis came long ago (i.e., quit smoking, or more accurately, quit burning fossil fuels and heating the planet), but treatment (cessation, really) never happened. We just kept puffing away with our transportation infrastructure (cars, boats, trains, and planes) and industrial machinery (including weaponry) because to do otherwise would — gasp — imperil the economy or negatively impact what’s become a nonnegotiable lifestyle, at least in the First World and only for a diminishing portion. The implicit decision, I suppose, is to live large now but condemn those unfortunate enough to follow in the wake of global ecological destruction.

Unless I misjudge the mood and consensus, climate change is (finally!) no longer the subject of controversy or denial except by a few intransigent fools (including political leaders and news groups that have inexplicably instituted gag orders to conceal the staggering immensity of the problem). Enough nasty events (storms, species die-offs, and epidemics — though no pandemic just yet) have piled up, including by way of example “unprecedented” flooding in Houston (never mind that flooding is a regular occurrence now, establishing a new precedent from which we steadfastly refuse to learn), that it’s impossible to dispute that we’ve entered an era of rather extraordinary instability. (That last sentence has problems with nesting, too, which I could fix by rewriting the sentence, but perhaps it’s fitting to just let the problems fester.) Indeed, as I have indicated before, we’re transitioning out of the Garden Earth (having left behind Ice Age Earth some 12,000 years ago) to Hothouse Earth. The rate of change is quite unlike similar transitions in the geological past, and we’re quite unlikely to survive.

A potpourri of recent newsbits and developments. Sorry, no links or support provided. If you haven’t already heard of most of these, you must be living under a rock. On a moment’s consideration, that may not be such a bad place to dwell.

rant on/

I just made up the word of the title, but anyone could guess its origin easily. Many of today’s political and thought leaders (not quite the same thing; politics doesn’t require much thought), as well as American institutions, are busy creating outrageously preposterous legacies for themselves. Doomers like me doubt anyone will be around to recall in a few decades. For instance, the mainstream media (MSM) garners well-deserved rebuke, often attacking each other in the form of one of the memes of the day: a circular firing squad. Its brazen attempts at thought-control (different thrusts at different media organs) and pathetic abandonment of mission to inform the public with integrity have hollowed it out. No amount of rebranding at the New York Times (or elsewhere) will overcome the fact that the public has largely moved on, swapping superhero fiction for the ubiquitous fictions spun by the MSM and politicians. The RussiaGate debacle may be the worst example, but the MSM’s failures extend well beyond that. The U.S. stock market wobbles madly around its recent all-time high, refusing to admit its value has been severely overhyped and inflated through quantitative easing, cheap credit (an artificial monetary value not unlike cryptocurrencies or fiat currency created out of nothing besides social consensus), and corporate buybacks. The next crash (already well overdue) is like the last hurricane: we might get lucky and it will miss us this season, but eventually our lottery number will come up like those 100-year floods now occurring every few years or decades.

Public and higher education systems continue to creak along, producing a glut of dropouts and graduates ill-suited to do anything but the simplest of jobs requiring no critical thought, little training, and no actual knowledge or expertise. Robots and software will replace them anyway. Civility and empathy are cratering: most everyone is ready and willing to flip the bird, blame others, air their dirty laundry in public, and indulge in casual violence or even mayhem following only modest provocation. Who hasn’t fantasized just a little bit about acting out wildly, pointlessly like the mass killers blackening the calendar? It’s now de rigueur. Thus, the meme infiltrates and corrupts vulnerable minds regularly. Systemic failure of the U.S. healthcare and prison systems — which ought to be public institutions but are, like education, increasingly operated for profit to exploit public resources — continues to be exceptional among developed nations, as does the U.S. military and its bloated budget.

Gaffe-prone Democratic presidential candidate Joe Biden cemented his reputation as a goof years ago yet continues to build upon it. One might think that at his age enough would have been enough, but the allure of the highest office in the land is just too great, so he guilelessly applies for the job and the indulgence of the American public. Of course, the real prize-winner is 45, whose constant stream of idiocy and vitriol sends an entire nation scrambling daily to digest their Twitter feeds and make sense of things. Who knows (certainly I don’t) how serious was his remark that he wanted to buy Greenland? It makes a certain sense that a former real-estate developer would offhandedly recommend an entirely new land grab. After all, American history is based on colonialism and expansionism. No matter that the particular land in question is not for sale (didn’t matter for most of our history, either). Of course, everyone leapt into the news cycle with analysis or mockery, only the second of which was appropriate. Even more recent goofiness was 45’s apparent inability to read a map resulting in the suggestion that Hurricane Dorian might strike Alabama. Just as with the Greenland remark, PR flacks went to work to manage and reconfigure public memory, revising storm maps for after-the-fact justification. Has anyone in the media commented that such blatant historical revisionism is the stuff of authoritarian leaders (monarchs, despots, and tyrants) whose underlings and functionaries, fearing loss of livelihood if not indeed life, provide cover for mistakes that really ought to lead to simple admission of error and apology? Nope, just add more goofs to the heaping pile of preposterity.

Of course, the U.S. is hardly alone in these matters. Japan and Russia are busily managing perception of their respective ongoing nuclear disasters, including a new one in Russia that has barely broken through our collective ennui. Having followed the U.S. and others into industrialization and financialization of its economy, China is running up against the same well-known ecological despoliation and limits to growth and is now circling the drain with us. The added spectacle of a trade war with the petulant president in the U.S. distracts everyone from coming scarcity. England has its own clownish supreme leader, at least for now, trying to manage an intractable but binding issue: Brexit. (Does every head of state need a weirdo hairdo?) Like climate change, there is no solution no matter how much steadfast hoping and wishing one into existence occurs, so whatever eventually happens will throw the region into chaos. Folks shooting each other for food and fresh water in the Bahamas post-Hurricane Dorian is a harbinger of violent hair-triggers in the U.S. poised to fire at anything that moves when true existential threats finally materialize. Thus, our collective human legacy is absurd and self-destroying. No more muddling through.

/rant off

Richard Wolff gave a fascinating talk at Google offices in New York City, which is embedded below:

This talk was published nearly two years ago, demonstrating that we refuse to learn or make adjustments we need to order society better (and to avoid disaster and catastrophe). No surprise there. (Also shows how long it takes me to get to things.) Critics of capitalism and the democracy we pretend to have in the U.S. are many. Wolff criticizes effectively from a Marxist perspective (Karl Marx being among the foremost of those critics). For those who don’t have the patience to sit through Wolff’s 1.5-hour presentation, let me draw out a few details mixed with my own commentary (impossible to separate, sorry; sorry, too, for the profusion of links no one follows).

The most astounding thing to me is that Wolff admitted he made it through higher education to complete a Ph.D. in economics without a single professor assigning Marx to read or study. Quite the set of blinders his teachers wore. Happily, Wolff eventually educated himself on Marx. Multiple economic forms have each had their day: sharing, barter, feudalism, mercantilism, capitalism (including subcategories anarcho-capitalism and laissez-faire economics), Keynesian regulation, socialism (and its subcategory communism), etc. Except for the first, prevalent among indigent societies living close to subsistence, all involve hierarchy and coercion. Some regard those dynamics as just, others as unjust. It’s worth noting, too, that no system is pure. For instance, the U.S. has a blend of market capitalism and socialism. Philanthropy also figures in somehow. However, as social supports in the U.S. continue to be withdrawn and the masses are left to fend for themselves, what socialism existed as a hidden-in-plain-sight part of our system is being scaled down, privatized, foisted on charitable organizations, and/or driven out of existence.

The usual labor arrangement nearly all of us know — working for someone else for a wage/salary — is defined in Marxism as exploitation (not the lay understanding of the term) for one simple reason: all economic advantage from excess productivity of labor accrues to the business owner(s) (often a corporation). That’s the whole point of capitalism: to exploit (with some acknowledged risk) the differential between the costs of labor and materials (and increasingly, information) vs. the revenue they produce in order to prosper and grow. To some, exploitation is a dirty word, but understood from an analytical point of view, it’s the bedrock of all capitalist labor relationships. Wolff also points out that real wages in the U.S. (adjusted for inflation) have been flat for more than 40 years while productivity has climbed steadily. The differential profit (rather immense over time) has been pocketed handily by owners (billionaire having long-since replaced millionaire as an aspiration) while the average citizen/consumer has kept pace with the rising standard of living by adding women to the workforce (two or more earners per family instead of one), racking up debt, and deferring retirement.

Wolff’s antidote or cure to the dynamic of late-stage capitalism (nearly all the money being controlled by very few) is to remake corporate ownership, where a board of directors without obligation to workers makes all the important decisions and takes all the profit, into worker-owned businesses that practice direct democracy and distribute profits more equitably. How closely this resembles a coop (read: cooperative), commune, or kibbutz I cannot assess. Worker-owned businesses, no longer corporations, also differ significantly from how “socializing a business” is generally understood, i.e., a business or sector being taken over and run by the government. The U.S. Postal Service is one example. (Curiously, that last link has a .com suffix instead of .gov.) Public K–12 education operated by the states is another. As I understand it, this difference (who owns and runs an enterprise) is what lies behind democratic socialism being promoted in the progress wing of the Democratic Party. Bernie Sanders is aligning his socialist politics with worker ownership of the means of production. Wolff also promotes this approach through his book and nonprofit organization Democracy at Work. How different these projects may be lies beyond my cursory analysis.

Another alternative to capitalist hegemony is a resource-based economy, which I admit I don’t really understand. Its rank utopianism is difficult to overlook, since it doesn’t fit at all with human history, where we muddle through without much of a plan or design except perhaps for those few who discover and devise ways to game systems for self-aggrandizement and personal benefit while leaving everyone else in the lurch. Peter Joseph, founder of The Zeitgeist Movement, is among the promoters of a resource-based economy. One of its chief attributes is the disuse of money. Considering that central banks (the Federal Reserve System in the U.S.) issue fiat currency worth increasingly little are being challenged rather effectively by cryptocurrencies based on nothing beyond social consensus, it’s interesting to contemplate an alternative to astronomical levels of wealth (and its inverse: debt) that come as a result of being trapped within the fiat monetary system that benefits so very few people.

Since this is a doom blog (not much of an admission, since it’s been obvious for years now), I can’t finish up without observing that none of these economic systems appears to take into account that we’re on a countdown to self-annihilation as we draw down the irreplaceable energy resources that make the whole shebang go. It’s possible the contemplated resource-based economy does so, but I rather doubt it. A decade or more ago, much of the discussion was about peak oil, which shortly thereafter gave way to peak everything. Shortages of materials such as helium, sand, and rare earths don’t figure strongly in public sentiment so long as party balloons, construction materials, and cell phones continue to be widely available. However, ongoing destruction of the biosphere through the primary activities of industrial civilization (e.g., mining, chemical-based agriculture, and steady expansion of human habitation into formerly wild nature) and the secondary effects of anthropogenic climate change (still hotly contested but more and more obvious with each passing season) and loss of biodiversity and biomass is catching up to us. In economics, this destruction is an externality conveniently ignored or waved away while profits can be made. The fullness of time will provide proof that we’ve enjoyed an extraordinary moment in history where we figured out how to exploit a specific sort of abundance (fossil fuels) with the ironic twist that that very exploitation led to the collapse of the civilization it spawned and supported. No one planned it this way, really, and once the endgame came into view, nothing much could be done to forestall it. So we continue apace with self-destruction while celebrating its glamor and excess as innovation and progress. If only Wolff would incorporate that perspective, too.

“Come with me if you want to live.” That’s among the quotable lines from the latest movie in the Terminator franchise, though it’s not nearly so succinct or iconic as “I’ll be back” from the first Terminator. Whereas the latter has the quality (in hindsight) of slow, implacable inevitability (considering the Terminator is literally a death-bringer), the former occurs within the context of a character having only just traveled back in time, not yet adequately reoriented, and forced to make a snap decision under duress. “I’ll be back” might be easy to brush off as harmless (temporary denial) since the threat recedes — except that it doesn’t, it’s merely delayed. “Come with me …” demands a leap of faith (or trust) because the danger is very real at that instant.

Which quote, I must ask, better characterizes the threat of climate change? My answer: both, but at different times. Three to four decades ago, it was the “I’ll be back” type: building slowly but inevitable given the underlying structure of industrial civilization. That structure was known even then by a narrow circle of experts (e.g., engineers for Big Oil and at the Dept. of Energy) to be a heat engine, meaning that we would ultimately cook our own goose by warming the planet, altering the climatic steady state under which our most recent civilization has flourished and producing a steady loss of biodiversity and biomass until our own human habitat (the entirety of the planet by now) becomes a hostile environment unable (unwilling if one anthropomorphizes Mother Nature) to support our swollen population. All that was if we stayed on course and took no corrective action. Despite foreknowledge and ample warning, that’s precisely what occurred (and continues today).

With the Intergovernmental Panel on Climate Change (IPCC) in particular, the threat has for roughly a decade shifted over to “Come with me ….” It’s no longer possible to put things off, yet we continue to dither well beyond the tipping point where/when we can still save ourselves from self-annihilation. Although scientists have been gathering data and evidence, forming an overwhelming consensus, and sounding the alarm, scientific illiteracy, realpolitik, journalistic malpractice, and corporate greed have all conspired to grant the illusion of time to react we simply don’t have anymore (and truth be told, probably didn’t as of the early 1980s).

I’m aware of at least three journalists (relying on the far more authoritative work of scientific consensus) who have embraced the message: Dahr Jamail, Thom Hartmann, and David Wallace-Wells. None to my knowledge has been able to bring himself to admit that humanity is now a collection of dead men walking. They can’t muster the courage to give up hope (or to report truthfully), clinging to the possibility we may still have a fleeting chance to avert disaster. I heard Ralph Nader on his webcast say something to the same effect, namely, what good is it to rob others of hope? My personal values adhere to unstinting truth rather than illusion or self-deception, so I subscribe to Guy McPherson‘s assessment that we face near-term human extinction (precise date unknown but soon if, for example, this the year we get a blue ocean event). Simply put, McPherson is professor emeritus of natural resources and ecology and evolutionary biology at the University of Arizona [note my emphasis]. I trust his scholarship (summarizing the work of other scientists and drawing necessary though unpalatable conclusions) more than I trust journalistic shaping of the story for public consumption.

The obvious metaphor for what we face is a terminal medical diagnosis, or if one has hope, perhaps a death sentence about to be carried out but with the possibility of a last-minute stay of execution via phone call from the governor. Opinions vary whether one should hope/resist up to the final moment or make peace with one’s fate. By not telling the truth, I daresay the MSM has not given the public the second option by using the “I’ll be back” characterization when it’s really “Come with me ….” Various authors on the Web offer a better approximation of the truth (such as it can be known) and form a loose doomer network (a/k/a collapsniks). This blog is (an admittedly tiny) part of that doomersphere, which gives me no pleasure.

Renewed twin memes Universal Basic Income (UBI) and Debt Jubilees (DJ) have been in the news recently. I write renewed because the two ideas are quite literally ancient, unlearnt lessons that are enjoying revitalized interest in the 21st century. Both are capable of sophisticated support from historical and contemporary study, which I admit I haven’t undertaken. However, others have done the work and make their recommendations with considerable authority. For instance, Andrew Yang, interviewed repeatedly as a 2020 U.S. presidential candidate, has made UBI the centerpiece of his policy proposals, whereas Michael Hudson has a new book out called … and forgive them their debts: Lending, Foreclosure and Redemption — From Bronze Age Finance to the Jubilee Year that offers a forgotten history of DJ.

Whenever UBI or DJ comes up in conversation, the most obvious, predicable response I hear (containing a kernel of truth) is that either proposal would reward the losers in today’s capitalist regime: those who earn too little or those who carry too much debt (often a combination of both). Never mind that quality education and economic opportunities have been steadily withdrawn over the past half century. UBI and DJ would thus be giveaways, and I daresay nothing offends a sense of fairness more than others getting something for nothing. Typical resentment goes, “I worked hard, played by the rules, and met my responsibilities; why should others who slacked, failed, or cheated get the benefit of my hard work?” It’s a commonplace “othering” response, failing to recognize that as societies we are completely interconnected and interdependent. Granting the winners in the capitalist contest a pass on fair play is also a major assumption. The most iconic supreme winners are all characterized by shark-like business practices: taking advantage of tax loopholes, devouring everything, and shrewdly understanding their predatory behavior not in terms of producing value but rather as gobbling or destroying competition to gain market share. More than a few companies these days are content to operate for years on venture capital, reporting one quarterly loss after another until rivals are vanquished. is the test case, though how many times its success can be repeated is unknown.

With my relative lack of economic study and sophistication, I take my lessons instead from the children’s game Monopoly. As an oversimplification of the dynamics of capital formation and ownership, Monopoly even for children reaches its logical conclusion well before its actual end, where one person “wins” everything. The balancing point when the game is no longer worth playing is debatable, but some have found through experience the answer is “before it starts.” It’s just no fun destroying bankrupting other players utterly through rent seeking. The no-longer-fun point is analogous to late-stage capitalism, where the conclusion has not yet been fully reached but is nonetheless clear. The endgame is, in a word, monopoly — the significant element being “mono,” as in there can be only one winner. (Be careful what you wish for: it’s lonely and resentful at the top.) Others take a different, aspirational lesson from Monopoly, which is to figure out game dynamics, or game the game, so that the world can be taken by force. One’s growing stranglehold on others disallows fair negotiation and cooperation (social rather than capitalist values) precisely because one party holds all the advantages, leading to exploitation of the many for the benefit of a few (or one).

Another unlearnt ancient lesson is that nothing corrupts so easily or so much as success, power, fame, wealth. Many accept that corruption willingly; few take the lesson to heart. (Disclosure: I’ve sometimes embarked on the easy path to wealth by buying lottery tickets. Haven’t won, so I’m not corruptible yet corrupted. Another case of something for nearly nothing, or for those gambling away their rent and grocery money, nothing for something.) Considering that money makes the world go around, especially in the modern age, the dynamics of capitalism are inescapable and the internal contradictions of capitalism are well acknowledged. The ancient idea of DJ is essentially a reset button depressed before the endgame leads to rebellion and destruction of the ownership class. Franklin D. Roosevelt is credited in some accounts of history as having saved capitalism from that near endgame by transferring wealth back to the people through the New Deal and the war economy. Thus, progressives are calling for a Green New Deal, though it’s not clear they are aware that propping up capitalism only delays its eventual collapse through another couple cycles (reversals) of capital flow. Availability of cheap, plentiful energy that allowed economies (and populations) to balloon over the past two and one-half centuries cannot continue for much longer, so even if we get UBI or DJ, the endgame remains unchanged.

Throughout human history, the question “who should rule?” has been answered myriad ways. The most enduring answer is simple: he who can muster and deploy the most force of arms and then maintain control over those forces. Genghis Khan is probably the most outrageously successful example and is regarded by the West as a barbarian. Only slightly removed from barbarians is the so-called Big Man, who perhaps adds a layer of diplomacy by running a protection racket while selectively providing and distributing spoils. As societies move further away from subsistence and immediacy, various absolute rulers are established, often through hereditary title. Call them Caesar, chief, dear leader, emir, emperor (or empress), kaiser, king (or queen), pharaoh, premier, el presidente, sultan, suzerain, or tsar, they typically acquire power through the accident of birth and are dynastic. Some are female but most are male, and they typically extract tribute and sometimes demand loyalty oaths.

Post-Enlightenment, rulers are frequently democratically elected administrators (e.g., legislators, technocrats, autocrats, plutocrats, kleptocrats, and former military) ideally meant to be representative of common folks. In the U.S., members of Congress (and of course the President) are almost wholly drawn from the ranks of the wealthy (insufficient wealth being a de facto bar to office) and are accordingly estranged from American life the many different ways most of us experience it. Below the top level of visible, elected leaders is a large, hidden apparatus of high-level bureaucratic functionaries (often appointees), the so-called Deep State, that is relatively stable and made up primarily of well-educated, white-collar careerists whose ambitions for themselves and the country are often at odds with the citizenry.

I began to think about this in response to a rather irrational reply to an observation I made here. Actually, it wasn’t even originally my observation but that of Thomas Frank, namely, that the Deep State is largely made up of the liberal professional class. The reply reinforced the notion who better to rule than the “pros”? History makes the alternatives unthinkable. Thus, the Deep State’s response to the veritable one-man barbarian invasion of the Oval Office has been to seek removal of the interloper by hook or by crook. (High office in this case was won unexpectedly and with unnamed precedent by rhetorical force — base populism — rather than by military coup, making the current occupant a quasi-cult leader; similarly, extracted tribute is merely gawking attention rather than riches.)

History also reveals that all forms of political organization suffer endemic incompetence and corruption, lending truth to Winston Churchill’s witticism “Democracy is the worst form of government, except for all the others.” Indeed, recent rule by technocrats has been supremely awful, leading to periodic market crashes, extreme wealth inequality, social stigmatization, and forever wars. Life under such rule is arguably better than under various other political styles; after all, we gots our vaunted freedoms and enviable material comforts. But the exercise of those freedoms does not reliably deliver either ontological security or psychological certainty we humans crave. In truth, our current form of self-governance has let nothing get in the way of plundering the planet for short-term profit. That ongoing priority is making Earth uninhabitable not just for other species but for humans, too. In light of this fact, liberal technocratic democracy could be a far worse failure than most: it will have killed billions (an inevitability now under delayed effect).

Two new grassroots movements (to my knowledge) have appeared that openly question who should rule: the Sunrise Movement (SM) and the Extinction Rebellion (ER). SM is a youth political movement in the U.S. that acknowledges climate change and supports the Green New Deal as a way of prioritizing the desperate existential threat modern politics and society have become. For now at least, SM appears to be content with working within the system, replacing incumbents with candidates it supports. More intensely, ER is a global movement centered in the U.K. that also acknowledges that familiar modern forms of social and political organization (there are several) no longer function but in fact threaten all of us with, well, extinction. One of its unique demands is that legislatures be drawn via sortition from the general population to be more representative of the people. Further, sortition avoids the established pattern of those elected to lead representational governments from being corrupted by the very process of seeking and attaining office.

I surmise attrition and/or replacement (the SM path) are too slow and leave candidates vulnerable to corruption. In addition, since no one relinquishes power willingly, current leaders will have to be forced out via open rebellion (the ER path). I’m willing to entertain either path but must sadly conclude that both are too little, too late to address climate change and near-term extinction effectively. Though difficult to establish convincingly, I suspect the time to act was in the 1970s (or even before) when the Ecology Movement arose in recognition that we cannot continue to despoil our own habitat without consequence. That message (social, political, economic, and scientific all at once) was as inert then as it is now. However, fatalism acknowledged, some other path forward is better than our current systems of rule.

For a time after the 2008 financial collapse, skyscraper projects in Chicago came to a dead halt, mostly due to dried-up financing. My guess (since I don’t know with any reliability) is that much the same obtained worldwide. However, the game appears to be back on, especially in New York City, one of few cities around the globe where so-called “real money” tends to pool and collect. Visual Capitalist has an interesting infographic depicting changes to the NYC skyline every 20 years. The number of supertalls topping 1,000 feet expected by 2020 is quite striking.

Courtesy of Visual Capitalist

The accompanying text admits that NYC is left in the dust by China, specifically, the Pearl River Delta Megacity, which includes Hong Kong, Shenzhen, Macau, and others. As I’ve written before, the mad rush to build (earning ridiculous, absurd, imaginary prestige points awarded by and to exactly no one) takes no apparent notice of a slo-mo crack-up in the way modern societies organize and fund themselves. The new bear market might give one … um, pause.

Also left in the dust is Chicago, home of the original skyscraper. Since the 2008 collapse, Chicago’s most ambitious project, the ill-fated Chicago Spire (a/k/a the Fordham Spire) was abandoned despite a big hole dug in the ground and some foundation work completed. An absence of completed prestige projects since 2008 means Chicago has been lapped several times over by NYC, not that anyone is counting. The proposed site of the Chicago Spire is too enticing, however — just inside Lake Shore Drive at the mouth of the Chicago River — for it to be dormant for long. Indeed, a press release last year (escaped my attention at the time) announced redevelopment of the site, and a slick website is operating for now (linked in the past to similar sites that went abandoned along with their subject projects). Also reported late last year, Chicago appears to have rejoined the game in earnest, with multiple projects already under construction and others in the planning/approval phases.

So if hiatus was called the last time we crashed financially (a regular occurrence, I note), it seems we’ve called hiatus on the hiatus and are back in a mad, futile race to remake modernity into gleaming vertical cities dotting the globe. Such hubris and exuberance might be intoxicating to technophiles, but I’m reminded of a observation (can’t locate a quote, sorry) to the effect that civilizations’ most extravagant projects are undertaken just before their collapses. Our global civilization is no different.

I’ve written a different form of this blog post at least once before, maybe more. Here’s the basic thesis: the bizarro unreality of the world in which we now live is egregious enough to make me wonder if we haven’t veered wildly off the path at some point and now exist within reality prime. I suppose one can choose any number of historical inflections to represent the branching point. For me, it was the reelection of George W. Bush in 2004. (The 9/11 attacks and “wars” in Afghanistan and Iraq had already occurred or commenced by then, and it had already revealed as well that lies — Saddam had WMDs — that sold the American public on the Iraq “war” were effective and remain so today.) Lots of other events changed the course of history, but none other felt as much to me like a gut punch precisely because, in the case of the 2004 presidential election, we chose our path. I fantasized waking up from my reality-prime nightmare but eventually had to grudgingly accept that if multiverses exist, ours mine had become one where we chose (collectively, and just barely) to keep in office an executive who behaved like a farce of stupidity. Well, joke’s on us. Twelve years later, we chose someone even more stupid, though with a “certain serpentine cunning,” and with arguably the worst character of any U.S. executive in living history.

So what to do in the face of this dysfunctional state of affairs? Bret Weinstein below has ideas. (As usual, I’m quite late, embedding a video that by Internet standards is already ancient. I also admit this is equivalent to a smash cut because I don’t have a particularly good transition or justification for turning so suddenly to Weinstein.) Weinstein is an evolutionary biologist, so no surprise that the approach he recommends is borne out of evolutionary thinking. In fairness, a politician would logically recommend political solutions, a financier would recommend economic solutions, and other professionals would seek solutions from within their areas of expertise.

The title of the interview is “Harnessing Evolution,” meaning Weinstein suggests we use evolutionary models to better understand our own needs and distortions to guide or plot proper path(s) forward and get back on track. Never mind that a healthy minority of the U.S. public rejects evolution outright while an additional percentage takes a hybrid stance. While I’m impressed that Weinstein has an answer for everything (pedagogue or demagogue or both?) and has clearly thought through sociopolitical issues, I daresay he’s living in reality double-prime if he thinks science education can be a panacea for what ails us. My pessimism is showing.