At the start of the oil glut, a climactic set of economic relations took shape led by Prime Minister Margaret Thatcher (and joined eagerly by Preside… - James Howard Kunstler

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At the start of the oil glut, a climactic set of economic relations took shape led by Prime Minister Margaret Thatcher (and joined eagerly by President Reagan and his advisors) that would be called “globalism.” It was not so much a new idea as the logical and inevitable result of mature self-organizing systems elaborating themselves under the influence of renewed, immense energy inputs—the ultimate cheap-oil way of doing business in the closed system [in respect to matter] that is the planet Earth. It entailed the maximization of short-term profit and the minimization of care for future generations. It was the ultimate generator of entropy.

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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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It has been estimated that the world human population stood at about one billion around the early 1800s, which was roughly about when the industrial adventure began to gain traction. It has been inferred from this that a billion people is about the limit that the planet Earth can support when it is run on a nonindustrial basis. World population is now past six and a half billion, having more than doubled since my childhood in the 1950s. The mid-twentieth century was a time of rising anxiety over the “population explosion.” The marvelous technological victory over food shortages, including the “green revolution” in crop yields, accelerated that already robust leap in world population that had begun with modernity. Dramatic improvements in sanitation and medicine extended lives. Industry sopped up expanding populations and reassigned them from rural lands to work in the burgeoning cities. The perceived ability of the world to accommodate these newcomers and latecomers in a wholly new disposition of social and economic arrangements seemed [to] be the final nail in the coffin of Thomas Robert Malthus, the much-abused author of the 1798 [groundbreaking work] An Essay on the Principle of Population as It Affects the Future Improvement of Society.

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