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

Large-scale corporate enterprise has brought humankind much material comfort in two centuries but at the price of fantastic unintended consequences (externalized costs) ranging from the destruction of local communities to climate change. Large-scale corporations will be vulnerable to the collapse of capital formation markets that must accompany the end of the cheap oil fiesta. Corporate enterprise can certainly be reorganized on the small, local community scale, but it will not be the same as . Corporate enterprise in the Long Emergency may revert to being more public in nature and far less sovereign in power. There may be one exception: The most visible… corporate organization that might survive the Long Emergency may be the church. Whether Catholic or Pentecostal or something new we haven't seen yet; the church won't have to rely on oil supplies. Organized religion doesn't have to traffic in awkward material products, only in beliefs, and it can operate at many scales simultaneously. Because American culture is constitutionally allergic to religious governance, we may have problems if churches are the only large organizations left standing—that is, assuming we still have the same constitution.

Like China, the United States is divided… in half between wet and dry. Though the human population of the United States is proportionately much smaller than China's, the amount of effort America has expended on manipulating habitats and altering terrain is as impressive in its own way as China's birthrate. Especially significant is the stupendous amount of paving laid down in the United States during the past hundred years. It prevents rain from being absorbed as groundwater and sends it instead into rivers, and… into the ocean. The effect of this is the inability of water tables and wetlands to recharge and the diminishing ability of the terrain to support life. In the United States, only 2 percent of the country's rivers and wetlands remain free-flowing and undeveloped. As a result, the country has lost more than half of its wetlands.

It is assumed now that human beings, prompted by the market, will employ ingenuity to discover a substitute for oil and gas, once the price starts to ramp up beyond the “affordable” range. This assumption is apt to prove fallacious because it ignores the fact that the earth is a closed system [for matter], while the laws of thermodynamics state that energy can’t be created out of nothing, only changed from low entropy to high entropy, and that we have already changed the half [or perhaps a fraction] of our [planet's] oil endowment that was easiest to get into dispersed carbon dioxide, which is now ratcheting up global warming and climate change, which might well put the industrial adventure out of business before human ingenuity can come up with a substitute for oil. The [fraction of] solar energy [that was] stored for millions of years in oil [and was easy to extract] will now be expressed in higher temperatures, more severe storms, rising sea levels, and harsher conditions for the human species, which, despite its… technological [and scientific] achievements, remains a part of nature and subject to its laws.