Wal-Mart will not be able to profitably run its “warehouse on wheels” when the price of oil fluctuates chronically. […] We will never again experience the explosion of products, choices, and nonstop marketing that characterized the… twentieth century. The public may look back on the big-box shopping era with deep and mournful nostalgia, but we are apt to discover that happiness is still possible without the extraordinary advertising-driven compulsive materialism of recent decades. We will still have commerce. We will have [a] trade. There will be shopping. We will have… medium of exchange. But we are not going to live in a perpetual blue-light special sale of cornucopian wretched excess.

The failure of the GSEs would make the S&L fiasco of the 1980s look like a bad night of poker. The failure of the GSEs would pose a far graver situation than the LTCM flameout. It could easily bring on cascading failures that might jeopardize global finance. This time, the… public would feel the pain.

As hunger and hardship increase, the world may see more than one wave of more than one disease. If and when an influenza pandemic emerges, for instance, many AIDS sufferers will succumb, but people infected with the AIDS precursor, HIV, will still survive influenza and AIDS will march on. India, for example, was among the hardest-hit nations in the 1918 flu pandemic. Today it has among the highest rates of AIDS infection. The age-old human enemies, tuberculosis, malaria, cholera, streptococcus, and other members of the familiar gang will be on hand with new immunity to the old techno-tricks of the [nineteenth and] twentieth centur[ies]. Even after these diseases may have spent themselves for a while, climate change [which in turn could create new diseases] will still be with us. Nobody really knows where that is taking us, though we do know that the human race has endured more than one ice age in the past.

The old high school complex itself was a 1970s-vintage modernist monstrosity, a U-shaped set of low-slung rectilinear boxes like ten thousand other schools around the nation from the period. Seeing the building usually made me deeply sad and even a little angry, the way that old refrigerator in my garden did. Its vision of yesterday's tomorrow seemed pitiful. Children like my Daniel and Genna had sat in those very box buildings under buzzing fluorescent lights listening to their science teachers prattle about the wonders of space travel and gene splicing and how we were all going to live to be a hundred and twenty-five years old in "smart" computer-controlled houses where all we had to do was speak to bump up the heat or turn on giant home theater screens in a life of perpetual leisure and comfort. It made me sick to think about [it]. Not because there's something necessarily wrong with leisure or comfort, but because that's where our aspirations ended. And in the face of what had… happened to us, it seemed obscenely stupid. Thinking about all that got me so agitated, I took off up the road. Motion is a great tranquilizer.

Roman architecture would have been impossible without the complex socioeconomic platform of [the] empire. The medieval social platform for northern European life was less elaborate and… less complex. Compare these two historical cases with the complexity of social and economic organization that allows oil to be extracted from the ground, refined to gasoline, transported six thousand miles, and used in a highly engineered, fine-tuned machine called a car, [to be] driven on a six-lane freeway. If the social and economic platform fails, how long before the knowledge base dissolves? Two hundred years from now, will anyone know how to build or even repair a 1962 Chrysler slant-six engine? Not to mention a Nordex 1500 kW wind turbine? […] The existing knowledge in basic physics and chemistry is so widespread that it is likely to persist quite a while into the future and provide a foundation for doing more with less than, say, the people of the eighteenth century were able to do with their more limited knowledge.

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The corporations benefiting from this regime often had no physical home of their own, even in their country of origin—and not a few American corporations had moved their official address to … pseudo nations, where the banking and tax laws were more agreeable. The corporations had no allegiance to any… place or the people of that place, so the destruction they wreaked was as manifest in the ravaged towns of Ohio and upstate New York as in the environmental degradation of China. America was hardly immune to the consequences of free-market globalism. In effect, the American heartland was overtaken by a new… corporate colonialism, emanating from our own culture, but no less destructive than the imposition of foreign rule.

I don’t think the previous Dark Age that followed the collapse of Rome was quite the same as what we’re facing. That involved a profound and incremental series of losses in knowledge, technique, and the ability to do things, everything from making good pottery and concrete to ways of organizing work. Our situation now has much more potential for cultural damage, because our conditioning in technological progress is so extreme. The letdown may be awful when it becomes evident we’re not going to solve our energy problems with algae secretions, solar, wind, or other alternative fuel schemes–that we’re not going to run [high-energy things like] , the , , and the military on any combination of other energy systems. […] This has enormous potential for disrupting our sense of reality. It’s hard to predict the kinds of reaction[s] that this may generate, but I think you will have a society so profoundly disappointed by science and technology that it could propel us into a new dark age of superstition.

Inefficient economies are much more complex than efficient ones. Complexity itself can be deceiving. […] Complexity constrains entropy flows with checks and balances. What we take to be man-made artificial complexity (technology) is, paradoxically, a simplification process that increases flows by editing away inefficiencies. [Because our limited knowledge prevents us to process events on the geologic scale, we think that] The ecology of prairie will keep the soil active and healthy indefinitely [but for how long?], while the ecology of a fossil-fuel-subsidized cornfield will leach the soil of useful nutrients and physically erode it in less than a human lifetime. [We think that] The ecology of a pond, with its diverse hierarchies of life and multitude of biological niches and food chains, is much more complex than the Crown Point, New York, trout hatchery with its monoculture offish, its inputs of manufactured fish food, and its staff of attendants cleaning waste out of the cement hatchery impoundments. The natural pond also has more chance of continuing indefinitely into the future [but for how long?]. The built-in constraints of inefficient… economies reduce the flow of potential, often to the point where systems based on inefficient economies last for geologic epochs, not just a few decades in the case of a fish hatchery. Everything that we identify with nature takes the form of inefficient systems. Biogenic or living systems are self-stabilizing. They are self-buffered. Small differences are dampened out. Entropy is stalled within them. They exhibit negative feedback tending toward long-term stability [but for how long?]. Call this condition "negative entropy." Everything we identify with the man-made substitutes for natural bio-economies, that is, technologies, tends toward positive feedback, which is self-amplifying, self-reinforcing, and destabilizing, featuring the removal of constraints to entropy flows and leading to the certain eventual destruction of that system. Call this condition "positive entropy."

Fossil fuels allowed the human race to operate… complex systems at gigantic scales. Renewable energy sources are not compatible with those systems and scales. Renewables will not be able to take the place of oil and gas in running those systems. The systems themselves will have to go. Even many “environmentalists” and “greens” of our day seem to think that all we have to do is switch inputs. Instead of running all the air conditioners of Houston on oil- or gas-generated electricity, we'll use wind farms or massive solar arrays; we'll have super-fuel-efficient cars and keep on commuting over the interstate highway system. It isn’t going to happen. The wish to keep running the same giant systems at [a] gigantic scale using renewables is the heart of our illusions about solar, wind, and waterpower.

In America, globalism meant the accelerated dismantling of the nation's manufacturing base and its reassignment to other countries where labor was dirt cheap and environmental regulations did not apply. It also meant the ramping up of a “service economy” or, more properly, the myth of a service economy to replace the old manufacturing economy. […] It was… absurd. It was like the old joke about the village that prospered because the inhabitants were all employed taking in each other’s laundry. In fact, far fewer actual things of value were being created in the service economy. […] It was assumed, for instance, that computers… boosted productivity. Much of that gain was either illusory or fraught with collateral social and economic losses of other kinds. Companies that reported higher productivity were shedding employees like mad and the entire ethos of work in America was being transformed from one of [the] people having secure careers and permanent positions with reliable companies to one of institutionalized insecurity for… everyone below top management in a new general atmosphere of Darwinian corporate ruthlessness—under the rubric of "free-market competition."

In the Long Emergency schooling will be required for fewer years, and children may have to work part of the day or part of the year. Because everything will be local, the ability to support education will depend on local economic conditions and the level of social stability, and there will be broad variation. Some localities may become so distressed that public school will cease to exist. The more fortunate localities will be those where small-scale agriculture is possible, but more intensive local agriculture by nonindustrial methods implies a much different division of labor, and older children may have to assume more responsibility and grow up faster. The romanticization of childhood may prove to have been one of the luxuries of the cheap-oil age. Basic schooling, in the formal sense, might not go beyond the equivalent of today’s eighth grade. Sorting of children into vocational or academic tracks will probably be based on self-evident social and economic status rather than any formal administrative system. Only a tiny minority of young people will be able to enjoy a college education. Vocational training is much more likely to occur in the context of a workplace rather than the school, as in the apprentice system.

The Industrial Revolution still cannot be considered an unqualified success, for all the comfort and convenience enjoyed by a minority of people in the world. Where we stand now is the brink of unprecedented damage to the ecology of the only habitable planet in the only universe we know of, and I refer not just to climate change—which may or may not be caused by human activity —but to all the other insults and injuries we’ve done to the biosphere. While industrialism led to the formation of a prosperous middle class, it also plunged millions of people into the grimmest kind of regimented quasi-slavery in conditions that were arguably no improvement over their grandparents’ lives as agricultural peasants (or their distant ancestors as hunter-gatherers).