We lived more by the sun than by the clock, but I did own a clock. It was an eight-day windup console clock which I kept on the mantel in the living … - James Howard Kunstler

The entropic mess that our economy has become is the final blowoff of… industrialism. The destructive practices known as "free-market globalism" were engendered by our run-up to and arrival at the world oil production peak. It was the logical climax of the oil "story." It required the breakdown of all previous constraints… to maximize the present at the expense of the future and to do so for the benefit of a very few at the expense of the many. […] Free-market globalism became the reigning orthodoxy […], challenged only by cranks… at the very margins of society. The moment that the world recognizes the passing of the oil production peak as a reality, globalism will be dead both in theory and practice.

One final thing worth noting on the subject of rail: From 1890 to about 1920, American localities managed to construct hundreds of local and interurban streetcar lines that added up to a magnificent national system (independent of the national heavy rail system). Except for two twenty-mile gaps in New York state, one could ride the trolley lines from New England clear out to Wisconsin. The story of the conspiracy by General Motors and other companies to destroy the U.S. interurban system is well documented. The salient point, however, is how rapidly the system was created in the first place, and how marvelously well it served the public in the period before the automobile became established.

[…] The… oil-fueled boom that energized the suburban expansion of the 1920s brought turmoil and trouble to the farm economy. Thirty percent of the U.S. population still lived on farms in the 1920s. U.S. farmers had done well during World War I, exporting grain to a Europe that had become a shell-blasted battlefield. By the early 1920s, though, Europeans were able to feed themselves again. Meanwhile, the introduction of the tractor and the mechanization of farming in the United States led quickly to [the] massive overproduction of grain. Unable any longer to pawn off the surplus on Europe, America suffered a crash in grain prices. The farm depression, which preceded the financial depression by half a decade, was a self-reinforcing feedback loop. As the market prices of corn and wheat plunged, farmers desperately tried to make up for low prices by producing more, which the domestic markets could not absorb, leading to even greater surpluses and more depressed prices.