There are reasons to belive, as some do, that there are several factors that could lead to a collapse of western society. Jared Diamond, author of “Collapse: How societies choose to fail or succeed“, briefly outlines his theories, including the risks of poor resource management to sustaining our ways of life.
Part of his conclusion (in case you didn’t watch the video) is that while past societies have collapsed before peoples’ very eyes, they failed to do anything about it because the elite (generally, the leaders) saw it in their short term interests not to act. This, of course, is at the peril of the whole society. Personal gain is at the center of action for most…
So I question, what can our leadership and elite do for society, to prop it up, inject some sustainability, and still serve the personal interests of the elite? (i.e. the short-term desires of the voting and consuming population?)
Perhaps changing the markets to account for the externalities of resource depletion and pollution will make a difference. Of course, this would require algorithms that prompt us to pay more for less, and more for better quality, and more for what is bad for us… yet since when did western society ever include paying more for what it desires into the equation? All of our “progress” is predicated on consuming more.
GDP is expected to go up as a signal of prosperity. Population growth is another factor we like to see healthily match the increased output of products meant for thickening the stock market margins. This cannot continue, and as all thresholds await their trigger, so to does the carrying capacity of the resource base underlying western society.
I partially suspect the smoke from that gun to be a stock market collapse.
I’ll preface my next line of thinking with: I am not an economist. And for any economists reading this, please poke holes in my theory. Please. Because I sincerely hope that I am wrong.
Investment in the stock market is greatly based upon speculation. Speculation from facts. Facts of our past indicated that we were doing well – industry booming, technology progressing, GDP increasing… and no real signs that any harm was coming of it. Today, the facts are not so rosey. Climate change… energy insecurity, water scarcity, disease prevalence, soil degradation…
As the cost of living goes up (i.e. the cost of supplying the basics such as food and water increases), we can expect that consumers will spend less on frivilous items such as expensive cars and technical gagets.
So, if Jared Diamons speculation is correct… that western society is headed for a collapse… move your investments to the agriculure sector, and for the sake of mitigating an even more drastic collapse, invest in organics!
From my sphere to yours, here’s to Earth on a Platter.
HB


