The opinions expressed by columnists are their own and do not represent our advertisers

Tuesday, September 01, 2015

Say Goodbye To Normal - We're Going Medieval

The tremors rattling markets are not exactly what they seem to be. A meme prevails that these movements represent a kind of financial peristalsis - regular wavelike workings of eternal progress toward an epic more of everything, especially profits! You can forget the supposedly “normal” cycles of the techno-industrial arrangement, which means, in particular, the business cycle of the standard economics textbooks. Those cycle are dying.

They’re dying because there really are Limits to Growth and we are now solidly in grips of those limits. Only we can’t recognize the way it is expressing itself, especially in political terms. What’s afoot is a not “recession” but a permanent contraction of what has been normal for a little over two hundred years. There is not going to be more of everything, especially profits, and the stock buyback orgy that has animated the corporate executive suites will be recognized shortly for what it is: an assest-stripping operation.

What’s happening now is a permanent contraction. Well, of course, nothing lasts forever, and the contraction is one phase of a greater transition. The cornucopians and techno-narcissists would like to think that we are transitioning into an even more lavish era of techno-wonderama — life in a padded recliner tapping on a tablet for everything! I don’t think so. Rather, we’re going medieval, and we’re doing it the hard way because there’s just not enough to go around and the swollen populations of the world are going to be fighting over what’s left.



Anonymous said...

Not so.

Anonymous said...

it's all part of the hidden dangers of the rainbow and Agenda to deceive create turmoil then enslave us all in a New World Order government in preparation for the coming of the beast

Anonymous said...

No silly, there will not be a NEW WROLD ORDER nor some return of Christ... But, imagine this...the electricity has been of for two years. It is never coming back on. You have no gas, no oil, and all the food and bullets you stocked up on are gone. Most of the population is dead. Pretend your family has been lucky enough to survive. Where will you live? What here is Salisbury can be turned back into farmland to sustain yourself? If there is any commerce, it will be down by the river, where folks can move good by rowboat. Get ready, because it is comeing.