Lessons from the Ongoing Disaster (for the Next One)
Presumably, you are aware that we’re in the middle of a disaster. That’s unpleasant – to say the least – but it’s also quite instructive. There is much we can learn from the ongoing disaster and humanity’s responses to it. But whether we can use those lessons to avert the even bigger disaster looming on the horizon is questionable. Rather, it seems that the most important thing that we can learn from the corona crisis is that we as a species may very well be incapable of avoiding catastrophy. ignore and deny For months, the general attitude of most governments...
The Lesser Dystopia
(This is part 3 in the No Time for Utopia series.) In On the Fragility of Civilization, I argued that due to the slowly compounding effects of an increasing number of relatively localized “natural” disasters caused (directly or indirectly) by climate change, a vicious circle of failing disaster management, economic decline, civil unrest, and hunger will trigger a cascade of collapsing societies, eventually leading to global societal collapse in roughly 25 to 30 years from now (give or take a half decade). The world during and after collapse will be very different from what most of us have ever experienced,...
Crisis and Inertia (4) – Economic, Political, and Cultural Crises
(This is part 4 in the “Crisis and Inertia” series.) While climate change constitutes a major if not terminal crisis for civilization (and possibly even for mankind) and certain technologies may also become existential threats in the wrong hands, there are many other crises and threats that seem to be less severe. All economic, political, and cultural crises appear to fall in this “less severe” category, for example – at least, it doesn’t seem likely that another economic crisis or the gradual collapse of democracy will lead to the end of civilization. Nevertheless, they are crises in the sense adopted...
On “Populism”
A decade ago or so, a “populist” was someone who appealed to the supposed reactionary underbelly of the common folk to win votes and/or influence. “Populists” were usually found on the right of the political spectrum, often even the extreme right. But things have changed and nowadays so-called “populist” movements and parties are often better described as leftist than as right wing (or as mixtures of left-wing and right-wing views). “Populism” and “populist” are usually terms of abuse: they express disapproval and disdain. What provokes this disapproval and disdain is that the alleged populist(s) crosses the boundaries of acceptable political...
On Free Trade Ideology
According to conventional “wisdom” free trade leads to prosperity. Usually the idea is based on a version of David Ricardo’s (1817) theory of “comparative advantage” which is taught in most high-school economics classes. There is, however, a fundamental problem with that theory, as was shown by Frank Graham in 1923, and unfortunately that problem tends to be ignored. In the following, I will briefly summarize Ricardo’s theory and Graham’s correction thereof, and discuss why the latter is ignored and the effects and implications of that neglect. A revised version of this article is part of chapter 15 of A Buddha...