...Abrupt climate change may be normal in the planet's history, or, to state it differently, that the earth's [sic] climate is inherently very unstab… - James Howard Kunstler

The idea of comparative advantage works when there is a complex local economy intact in the background of each trading partner’s specialized item of production, with a variety of social roles and occupational niches to support the long-term project of [the] community. But a locality geared to doing only one thing for export is… a slave system based on the extractive economics of mining. […] One group had all the cheap labor, and another group had all the capital, and for a while, one group made all the things that the other group “consumed.” Thus, comparative advantage became, for a time, a con game strictly for the benefit of large corporations, which ended up enjoying all the advantages while the localities sucked up the costs.

Above all, and most immediately, we face the end of the cheap fossil fuel era. It is no exaggeration to state that reliable supplies of cheap [and easy-to-find hydrocarbons like] oil and natural gas underlie everything we identify as a benefit of modern life. All the necessities, comforts, luxuries, and miracles of our time–, , , , , , , , , , surgery, the , you name it–owe their origins or continued existence in one way or another to cheap fossil fuel. Even our nuclear power plants ultimately depend on cheap [and easy-to-find hydrocarbons like] oil and gas for all the procedures of construction, maintenance, and extracting and processing nuclear fuels. The blandishments of cheap oil and gas were so seductive, and induced such transports of mesmerizing contentment, that we ceased paying attention to the essential nature of these miraculous gifts from the [deep] earth: that they exist in finite, nonrenewable supplies, unevenly distributed around the world. To aggravate matters, the wonders of steady technological progress under the reign of oil have tricked us... [in]to believ[ing] that anything we wish for hard enough can come true. These days, even people in our culture who ought to know better are wishing ardently that a smooth, seamless transition from fossil fuels to their putative replacements... lies just a few years ahead… [but] this is a dangerous fantasy. The true best-case scenario may be that some of these technologies will take decades to develop–meaning that we can expect an extremely turbulent interval between the end of cheap oil and whatever comes next. A more likely scenario is that new fuels and technologies may never replace fossil fuels at the scale, rate, and manner at which the [industrial] world currently consumes them.

Malthus was certainly correct [that demand will outstrip supply], but cheap [and easy-to-find hydrocarbons like coal,] oil [and gas] skewed the [supply-demand] equation over the past [two] hundred years while the human race has enjoyed an unprecedented orgy of [a fraction of] nonrenewable condensed solar energy accumulated over eons of prehistory. The “green revolution” in boosting crop yields was minimally about scientific innovation in crop genetics and mostly about dumping massive amounts of fertilizers and pesticides made out of fossil fuels onto crops, as well as employing irrigation at a fantastic scale made possible by abundant oil and gas. The cheap oil age created an artificial bubble of plenitude for a period not much longer than a human lifetime, a hundred years. Within that comfortable bubble, the idea took hold that only grouches, spoilsports, and godless maniacs considered population hypergrowth a problem, and that to even raise the issue was indecent… [but] as oil ceases to be cheap and the world reserves arc toward depletion, we will indeed suddenly be left with an enormous surplus population... that the ecology of the earth will not support. No political program of birth control will [be] avail[able]. The people are already here. The journey back to non-oil population homeostasis will not be pretty. We will discover the hard way that population hypergrowth was simply a side effect of the oil age. It was [more of] a condition [without a remedy], not a problem with a [direct] solution. That is what happened, and we are stuck with it.