We've been shopping, eating, building, paving, driving, flying, reproducing, hoarding, trading, polluting, wasting, cutting and dumping with unfettered fervor and with little regard of the long-term consequences of our actions.
Up to this point we've managed to keep the wheels spinning by borrowing from our past – more specifically by rapidly burning our way through the oil, coal & gas reserves formed glacially over tens of millions of years and by pushing the Earth's natural systems well past their carrying capacity.
Simultaneously, since we operate within an economic system that is hard-wired to require never-ending growth, as a result of our debt-based currency & banking systems, we've leveraged ourselves to the hilt and borrowed against our futures, our children's and children's children's futures to such an extend that quite literally the whole of the remaining planet's resources and all those future generations have no hope of actually paying the IOUs we have created.
Yes, this is a grim post! :-P
Grim as it is, this very serious predicament by no means spells our doom, but quite the contrary is a calling to the whole of humanity to outgrow our divisive adolescence and rise in unison to tackle the planetary-wide problems that are well within our collective capacity to resolve. If the motto, "United We Stand, Divided We Fall" ever rang more true it certainly does so today.
This next podcast & video potently make the case that we are at the end of an era and must fundamentally rewrite our economic operating systems if we expect to survive & flourish in the new emerging realities now inescapably before us...
The Great Disruption
Paul Gilding, Professor, Cambridge University Program for Sustainable Leadership
Richard Heinberg, Senior Fellow, Post Carbon Institute
NOTE: If the audio player above isn't showing up in your browser here is the mp3.
There's No Tomorrow
P.S. For more on Peak Resources I highly recommend Chris Martenson's Crash Course website.