Globalism was operated by oligarchical corporations on the gigantic scale, made possible by cheap oil. By “oligarchical” I mean that power was vested… - James Howard Kunstler
" "Globalism was operated by oligarchical corporations on the gigantic scale, made possible by cheap oil. By “oligarchical” I mean that power was vested in small numbers of people running large organizations who were not accountable for their actions to many of the people who were subject to those actions. By “corporation,” I mean a group enterprise given the legal status of a “person,” with “rights,” but in fact devoid of any human qualities of ethics, humility, mercy, duty, or loyalty that would constrain those rights. As Wendell Berry put it, “a corporation… is a pile of money to which a number of persons have sold their moral allegiance… It can experience no personal hope or remorse. No change of heart. It cannot humble itself. It goes about its business as if it were immortal, with the single purpose of becoming a bigger pile of money.
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About James Howard Kunstler
James Howard Kunstler (born October 19, 1948, New York City, New York) is an American author, social critic, public speaker, and blogger.
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In a world that had become a salvage operation, the general supply evolved into Union Grove's leading industry. When every… useful thing in town had been stripped from the Kmart and the United Auto, the CVS drugstore, and other trading establishments of the bygone national chain-store economy, daily life became a perpetual flea market centered on the old town dump.
[…] 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.
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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.
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