The Connection of Depressed Wages to High Oil Prices and Limits to Growth
The Connection of Depressed Wages to High Oil Prices and Limits to Growth
This is worth a read if you want to understand how/why we have the ongoing 'economic problems'.
About 10 years ago I used to read these energy/oil sites every day, hoovering up the information & learned so much about the relationship between 'energy & the economy' - such important yet misunderstood concepts/laws.
For some time I tried to pass on these fascinating & important concepts & articles - however I found most people (friends, family, colleagues) weren't interested - either unwilling or unable to process it. Nobody likes a 'peak oil bore' it seems :)
These days I dip in & try to keep up to date with the news & how it relates to what's reported in the more mainstream media.
This (linked) article is a nice gentle analysis of the links between high energy (oil) costs and jobs/wages.
NOTE: An economic system built on the premise of infinite growth on a finite planet is silly & must collapse.
When they (media/govt/economists) say things like 'triple dip recession', 'credit crunch' & 'quatiative easing' these are just symptoms of a broken/flawed system.
http://www.theoildrum.com/node/9848?utm_source=twitterfeed&utm_medium=twitter&utm_campaign=Feed%3A+theoildrum+%28The+Oil+Drum%29
This is worth a read if you want to understand how/why we have the ongoing 'economic problems'.
About 10 years ago I used to read these energy/oil sites every day, hoovering up the information & learned so much about the relationship between 'energy & the economy' - such important yet misunderstood concepts/laws.
For some time I tried to pass on these fascinating & important concepts & articles - however I found most people (friends, family, colleagues) weren't interested - either unwilling or unable to process it. Nobody likes a 'peak oil bore' it seems :)
These days I dip in & try to keep up to date with the news & how it relates to what's reported in the more mainstream media.
This (linked) article is a nice gentle analysis of the links between high energy (oil) costs and jobs/wages.
NOTE: An economic system built on the premise of infinite growth on a finite planet is silly & must collapse.
When they (media/govt/economists) say things like 'triple dip recession', 'credit crunch' & 'quatiative easing' these are just symptoms of a broken/flawed system.
http://www.theoildrum.com/node/9848?utm_source=twitterfeed&utm_medium=twitter&utm_campaign=Feed%3A+theoildrum+%28The+Oil+Drum%29
Comments
Post a Comment