I really like this…….
5. Astronaut Buzz Aldrin: ‘You promised me Mars colonies, I got Facebook’
We’re not even trying to solve the big problems of the future, warns Jason Pontin editor-in-chief of the MIT Tech Review in “Why We Can’t Solve Big Problems.” Reason: Because our leaders kowtow to myopic science deniers and Big Oil billionaires with zero moral conscience. America’s lost the ability to think long-term, lacks think-big leaders. And Silicon Valley’s leading innovators prefer social media problems like Facebook, Twitter, Instagram, Farmville and X-Prize PR hits, while Big Pharma solves the world’s great erectile-dysfunction pandemic.
6. Big Macs in 2014, but in 2050 Earth can’t feed predicted 10 billion
Yes, the future is bleak. Fortunately, denial is a great tranquilizer. Jeremy Grantham’s GMO firm manages $117 billion. Research at his Grantham Institute for Climate Change tells us Earth can’t feed the 10 billion people predicted in 2050, three billion more than today: “As the population continues to grow, we will be stressed by recurrent shortages of hydrocarbons, metals, water and, especially, fertilizer. Our global agriculture, though, will clearly bear the greatest stresses,” a burden on productivity.
7. Soon we’ll need six planets to survive, even with no new little babies
In “Collapse: How Societies Choose to Fail of Succeed,” anthropologist Jared Diamond says “what really counts is not the number of people alone, but their impact on the environment.” Developed nations consume 32 times more resources, dump 32 times more waste than do undeveloped nations. If all 7 billion inhabitants of the planet consumed resources at America’s level, we’d need the resources of six Earths to survive” today!
8. Yes, humans are the new dinosaurs, building our own ‘Jurassic Park’
Writing in American Scholar Nobel physicist Robert Laughlin’s “The Earth Doesn’t Care If You Drive a Hybrid!” Or recycle. Or eat organic food. Or live in a green house powered by solar energy: “Earth didn’t replace the dinosaurs after they died” in the last great species extinction 65 million years ago, she “just moved on, became something different.” Laughlin says “humans have already triggered the sixth great period of species extinction in Earth’s history,” buying gas guzzlers, investing in Big Oil, forever in denial of the widening gap between endless growth and more babies living on a planet of vanishing resources.
9. Paradox: Yes, economic growth is accelerating the death of capitalism
Underlying many dark predictions of 2050 is our narcissistic self-destructive ideology of capitalism. In Foreign Policy, Yale’s Immanuel Wallerstein put the 2008 crash in context: “The Global Economy Won’t Recover, Now or Ever.” Our “capitalist world economy has been in existence for some 500 years … functioned remarkably well. But like all systems, it has moved … too far from equilibrium.” Now the only real “political struggle is over what kind of system will replace capitalism, not whether it should survive.” So what, me worry?
10. Capitalism’s doomsday cycle oblivious of bigger crash than 1929
After the last meltdown, former IMF chief economist Simon Johnson and Peter Boone co-authored “The Doomsday Cycle Turns: Who’s Next?” In one short generation “we have built a financial system that threatens to topple our global economic order.” We let “an unsustainable and crazy doomsday cycle infiltrate our economic system.” But this doomsday “cycle will not run forever,” they warn. “The destructive power of the down cycle will overwhelm the restorative ability of the government, just like it did in 1929-31.” In 2008 “we came remarkably close to another Great Depression. Next time, we may not be so lucky.” Since then Johnson, co-wrote the best-seller: “13 Bankers: The Wall Street Takeover and the Next Financial Meltdown.”
Fortunately, you’ll never see it coming. Denial really is a wonder-drug tranquilizer. So why worry, lighten up. Focus on the Wall Street banker in Mankoff’s cartoon. Meditate, his bullish guidance will lift your spirits: “While the end-of-the-world scenario will be rife with unimaginable horrors, we believe that the pre-end period will be filled with unprecedented opportunities for profit.” And so it is … for today … until Big Oil stocks start plunging …