Running Out of Planet to Exploit
Thanks to Katie Elmore for this article from the New York Times.
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Nine years ago The Economist ran a big story on oil, which was then selling for $10 a barrel. The magazine warned that this might not last. Instead, it suggested, oil might well fall to $5 a barrel.
In any case, The Economist asserted, the world faced “the prospect of cheap, plentiful oil for the foreseeable future.”
Last week, oil hit $117.
It’s not just oil that has defied the complacency of a few years back. Food prices have also soared, as have the prices of basic metals. And the global surge in commodity prices is reviving a question we haven’t heard much since the 1970s: Will limited supplies of natural resources pose an obstacle to future world economic growth?
For full article, visit:
http://www.nytimes.com
July 9th, 2008 at 7:26 pm
Perhaps we not yet discussing at least one of real issues before humanity, but rather tip-toeing around instead.
From a historical perspective, it appears that humankind is the only organism on Earth that produces food, amasses more food than is needed for survival and made food into a commodity. Farmers have not been primarily motivate by an altruistic desire to grow food because they have wanted to feed a growing population, nor have they been selling food to increase human population numbers. The more food farmers grew, the more wealth they accumulated. Our (agri-)culture has evidently devised a spectacularly successful economic system that continuously expands the food supply for human human beings worldwide. What I am trying to suggest is simply this: An economic system that requires ever increasing food production, supposedly to feed a rapidly growing human population, appears to be inadvertently and unexpectedly enlarging the size of the human population on Earth.
That is to say, the predominant culture and its global economy appears to produce many wonders as well as potentially deleterious impacts. Would you agree that if our culture chooses to keep growing the global economy as we are doing now, then we will likely keep getting what we are getting now… for better and worse?
For a long time, the leaders of the predominant culture have chosen to continuously expand production capabilities, ones that give rise to the rampant economic globalization we see today. Unfortunately, an ever expanding, leviathan-like global economy appears to give rise to something recognizably unsatisfactory because it could become unsustainable.
If you will, please consider how the relentless hoarding of wealth and the conspicuous over-consumption of resources by millions of people leave billions of people in the family of humanity hungry.
For fortunate millions of people with riches to recklessly consume limited resources, while billions of less forunate people go without adequate food to eat, seems somehow not quite right.
Inequity is sad enough; grotesque inequity will one day be considered intolerable, I suppose.
If leaders of our predominant culture choose to modify the way the unbridled global economy continuously grows and the way it inequitably distributes resources, then perhaps they and we will find more reasonable, sensible, fair and, equally important, sustainable ways of performing these practices better.
Perhaps it is a mistake for me to do so; but, nevertheless, I am assuming most members of Population Media Center community can agree that the unbridled expansion of the global economy, given its huge scale and rapid growth, will result in this manmade economic colossus eventually reaching a point in human history when it becomes patently unsustainable in a finite world with make-up and size of Earth.
Steven Earl Salmony
AWAREness Campaign on The Human Population, established 2001