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Earth’s Economy Glorifies Waste, Exploitation, Debt, Expediency and Magical Thinking

Humanity appears to default to magical thinking when faced with untenable situations that demand systemic change.
How would extraterrestrial anthropologists characterize Earth’s dominant socio-economic system? It’s not difficult to imagine their dismaying report:
“Earth’s economy glorifies waste. Its economists rejoice when a product is disposed as waste and replaced with a new product. This waste is perversely labeled ‘growth.’
Aimless wandering that consumes fossil fuels is likewise rejoiced as ‘growth.’
The stripping of the planet’s oceans for a few favored species of edible fish is also considered ‘growth’ as the process of destroying the ocean ecosystem generates sales of the desired seafood.
Even more perversely, the resulting shortages are also causes of rejoicing by the planet’s elites, as their ability to purchase the now-scarce resources boosts their social status and grandiose sense of self-worth.
This glorification of waste is the same dynamic that destroyed the civilization on Zork.
Earth’s economy also glorifies exploitation, as this maximizes profits, which appears to be the planetary equivalent of a secular religion that everyone believes as a Natural Law.
Thus slavery and monopoly are highly valued as the most reliable sources of profits. If ethical concerns limit the actual ownership of humans, Earth’s economy incentivizes feudal arrangements that share characteristics of servitude and bondage. In the current era, the favored mechanisms are over-indebtedness (debt-serfdom) and taxation by the state, which extracts approximately 40% of all labor via threat of imprisonment.
Earth’s elites exhibit a pathological preference for micro-managing the commoners via criminalizing much of everyday life and imposing extremely harsh punishments for any dissent or resistance to elite domination.
This is the same dynamic that doomed planetary civilizations in the Blug system.
Earth’s economy is currently dependent on depleting fossil fuels and borrowing from the future to fund consumption in the present, i.e. debt. Rather than face the reality that this is not sustainable and pursue other arrangements, Earth’s elites have chosen expediency, responding to the inevitable crises caused by depletion and dependence on debt with expedient but ultimately destructive policies that paper over the crises but at the cost of generating greater crises in the next iteration.
Humanity appears to default to magical thinking when faced with untenable situations that demand systemic change. This is eerily parallel to the now-lost civilization of Frum.
It seems Earth’s dominant species has selected the most destructive policies and mindsets to glorify and worship. Earth’s current civilization is doomed, with near-zero prospects for the necessary transition to a more sustainable, less exploitive arrangement.
Earth’s decline is a tragi-comedy, much like the one on Ononon that entertained our home planet audiences for a time.”
In case you missed it, here’s a snapshot of total debt as a percentage of median household income: from 79% to 584%. If this strikes you as “healthy growth” because “debt doesn’t matter”– welcome to the Wonderland of Magical Thinking.

charleshughsmith oftwominds

19 Comments on "Earth’s Economy Glorifies Waste, Exploitation, Debt, Expediency and Magical Thinking"

  1. MASTERMIND on Tue, 18th Jul 2017 9:45 am 

    They know the debt will never be payed back. They are just numbers on a computer screen. Once the energy shortages come the system will collapse. Game over

  2. AM on Tue, 18th Jul 2017 10:19 am 

    @mastard dear. first you said genital farmer and now u said payed. just sayin’ that’s all.

  3. Apneaman on Tue, 18th Jul 2017 11:33 am 

    It’s the humans economy, not the earths. Even the language is riddled with soft denial. Humans are incapable of owning their shit.

  4. Apneaman on Tue, 18th Jul 2017 11:38 am 

    More AGW woe in euroland.

    Two historic cities Split and Podgorica in the Balkans under threat from huge wildfires after 40 deg C heatwave

    “Emergency officials in Montenegro say a total of 34 wildfires have erupted around the capital city, Podgorica, forcing firefighters into an all-night battle against the flames.”

    “Montenegro and the rest of the Balkans have been hit by a heat wave that sent temperatures soaring to 40 degrees Celsius (104 Fahrenheit.)”

    “Meanwhile close by Croatian firefighters battled for a full day to control a forest fire along the Adriatic coast that has damaged and destroyed buildings in villages around the city of Split, reaching the Split suburbs late on Monday.”

    “Some parts of the city were without water or electricity.
    Visitors were asked to leave two shopping malls as the smoke entered ventilation systems.
    The fire has also reached the city’s waste dumping site.”

  5. joe on Tue, 18th Jul 2017 11:50 am 

    Can’t help but think of GoT when I heard this. But reverse. “Extreme Summer Is Coming”, with millions of Islamozombies, the ‘brown-walkers’ marching up from the deathzones, burning everything in their path and the Europeans staring as the exhausted Kingdom laid bare and waiting to be washed away in a sea of moral hypocrisy, corruption and fire caused by terrorism forever from Islam and by the effects of Climate change. Muslims are welcome to the world they will inherit from Europeans, our gift to them will be that they will either find a way to live in extreme world we give them or they will vanish like western grecco-roman-judeo civilisation is about to do.

  6. Outcast_Searcher on Tue, 18th Jul 2017 11:53 am 

    Well, we could fix that by changing the incentives for bad behavior.

    But them some people wouldn’t be re-elected, and others couldn’t have all their conveniences that they demand.

    So instead, let’s all blame someone, ANYONE, but the person in the mirror. After all, it’s great sport and accomplishes so much.

  7. deadlykillerbeaz on Tue, 18th Jul 2017 12:01 pm 

    Earth’s Economy Glorifies Waste, Exploitation, Debt, Expediency and Stupid Thinking

    Fixed it.

  8. Hubert on Tue, 18th Jul 2017 12:11 pm 

    Europe maybe committing it’s own form of suicide.

  9. joe on Tue, 18th Jul 2017 5:30 pm 

    People shouldnt be suprised that Europe is too culturally weak to survive Islam. Hindoos survived, the Chinese survived and resisted easily without sending a single army even the Russians survived.
    Europe has spend 70 years now post ww2 being told that the values and cultural foundations were racist and wrong and caused the Holocaust. In some people’s views listening to Wagner is like burning a cross on a black man’s lawn. The rejection of the theme of Europe, the devalued attitudes to history, the stopping of the teaching of Latin and enforcement of capitalism are all reasons. The truth is that it’s already too late. The only way back is is through cultural revolution and even violence, things that Europeans have been totally conditioned to avoid. European culture is a like a dodo bird, its doomed and will not act to save itself. Perfect vengeance for the death of 6,000,000 jews, right?

  10. Makati1 on Tue, 18th Jul 2017 6:52 pm 

    “Civil unrest, economic collapse, and an attack on the current administration are the vehicles used to promote the fall of the U.S. domestically. Warfare (initiated by a foreign nation or by the U.S.) is used outside of the country. Both use different approaches to work toward the goal of the United States coming to an end. Read history, especially Solzhenitsyn to see how this occurs. Before a nation comes to an end, its citizens are in denial that it truly has reached that point. The United States is in its final days, now. It will come to an end.”

    Just as I have been saying. The Great Leveling is in progress.

  11. Go Speed Racer on Tue, 18th Jul 2017 7:31 pm 

    Economy Glorifies Waste, Exploitation,
    Debt, Expediency and Magical Thinking.
    These are the core moral values that will
    Make America Great Again.

    Also Sunday preachers in converted
    Greyhound RV bus, first-person shooter
    video games, and don’t forget the Ponzai
    schemes like Crowd-funded Bitcoin.

    So sacred are these pillars of democracy
    that it was written into the Constitution.

    In order to form a more perfect union,
    We hold it self evident that All men have
    right to Waste, Exploitation, Debt, Expediency….

  12. Sissyfuss on Tue, 18th Jul 2017 8:05 pm 

    The corporate power structure is made up of sociopaths whom will never have enough. Profit is only one Godhead of their Holy Trinity along with Power and Control. They will continue to destroy all that is natural and good because they have monetized the Universe. They see themselves as Masters of the Universe so that anything they do is right in their eyes. They are the enemy to be fought but the masses cling to them for sustenance and direction. How does anyone change this?

  13. Makati1 on Tue, 18th Jul 2017 8:34 pm 

    Sissyfuss, there are only two things that can change that situation and neither are a plus:

    1. Mother Nature turning up the heat and loosening all of the horses of the Apocalypse.
    2. The insane leaders pushing the red button and taking all life with us into extinction.

    Insanity at the highest levels has reached the point where it cannot be ignored. We have allowed the thieves to guard the gold while we lay under a tree enjoying the goodies they dribbled down to us. We adults,in the 1st world, are all to blame, but it is too late to change the situation. All we can do is ride to the end of the road, trying to avoid the potholes as much as possible and hope for a quick and painless end..

  14. Sissyfuss on Tue, 18th Jul 2017 8:50 pm 

    Gee Mak, tell me another bedtime story that keeps me up all night.

  15. Makati1 on Tue, 18th Jul 2017 9:33 pm 

    Ah, Sissyfuss, there are many more scary possibilities that could be told. But, if you join the deniers, you can sleep better. I prefer to see the bear that is going to maul me than pretend that he is not there.

    You can prep to make the future less painful, or you can continue with BAU and be ‘surprised’ when the SHTF big time. I am prepared as beast as I can to ride out the last decades of my life. I hope you are also.

    As for death, as I mentioned recently, every day people get in their cars and hundreds never come home. Are you afraid of cars? lol

  16. Apneaman on Tue, 18th Jul 2017 11:10 pm 

    AGW helps bring long overdue closer to a family.

    Melting glacier reveals bodies of couple who disappeared 75 years ago

    “The bodies of a Swiss couple who disappeared 75 years ago in the Alps have been found at the edge of a melting glacier, local media reported.”

    ““We spent our whole lives looking for them, without stopping. We thought that we could give them the funeral they deserved one day,” their youngest daughter, Marceline Udry-Dumoulin, 79, told Le Matin, a newspaper in Lausanne.

    “For the funeral, I won’t wear black,” she added. “I think that white would be more appropriate. It represents hope, which I never lost.””

  17. Go Speed Racer on Wed, 19th Jul 2017 2:26 am 

    She was cold as ice, and it put a chill on their relationship.

  18. Apneaman on Wed, 19th Jul 2017 2:25 pm 

    Past extinctions point to a current and future biodiversity crisis

    Rapid climate change is a unifying feature of ancient mass extinctions – how bad might it be now?

    “Although there is much uncertainty over exactly what triggered some of these five great extinctions (and various other minor ones), they do have something in common – sudden and dramatic changes in climate.”

    Researchers warn Earth faces mass extinction

    and humans are to blame – video

    It’s not the humans fault they evolved the way they did. The humans are behaving the way the do because they evolved to behave that way. Humans are the ultimate reward seekers and are merely following their biological programming. There is no behaviour switch that can be flipped and make the humans act sustainably. Expecting them to act differently is like expecting sharks to climb trees – not gonna happen. Collectively the humans mimic a Cancer or plague spreading across the planet infecting and consuming everything they come in contact with. I say shoot the works. Embrace your inner Cancer and party like it’s 1999. No shame. No guilt. We are what we are. In the big picture, no one is to blame.

  19. Apneaman on Wed, 19th Jul 2017 3:37 pm 

    Another reverse positive feed back loop that is not in any climate models.

    Methane Seeps Out as Arctic Permafrost Starts to Resemble Swiss Cheese

    Measurements over Canada’s Mackenzie River Basin suggest that thawing permafrost is starting to free greenhouse gases long trapped in oil and gas deposits.

    “As the Earth’s frozen crust thaws, some of that gas appears to be finding new paths to the surface through permafrost that’s starting to resemble Swiss cheese in some areas, scientists said.

    In a study released today, the scientists used aerial sampling of the atmosphere to locate methane sources from permafrost along a 10,000 square-kilometer swath of the Mackenzie River Delta in northwestern Canada, an area known to have oil and gas desposits.

    Deeply thawed pockets of permafrost, the research suggests, are releasing 17 percent of all the methane measured in the region, even though the emissions hotspots only make up 1 percent of the surface area, the scientists found.”

    Strong geologic methane emissions from discontinuous terrestrial permafrost in the Mackenzie Delta, Canada

    Missed another methane source – that makes two this week. It’s a combination of honest mistakes, things happening too fast, difficulty in modelling feedback’s and main stream scientists self censoring. Perhaps they have missed other sources as well? For a few years now I have been listening to mainstream rockstar scientists/climate modellers, Gavin Schmidt (Director of the NASA Goddard Institute) and Michael Mann (last week after that NYmag doom article) strongly downplay any methane threats and take swipes at other scientists and journalists who were warning about it. Science is as competitive as any field and the humans who are prominent in the sciences love their status as much as any CEO.

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