Monday, November 03, 2008

Peak Capitalism

Peak Capitalism: Our Opportunity to Choose Between Survival and Collapse (27-page PDF) Lionel Orford

Our World is beset by a Sustainability Emergency.
Maintaining Essential Services

Governments throughout the developed world will probably need to directly intervene to create a command economy to ensure that the economic collapse does not cause the breakdown of essential services. It is important to understand that this is a failure of our economic system rather than a failure of the actual means of production of our essential goods and services.

Many millions of people who have lost their incomes will need to be provided with food, water, housing, medical care, electricity and sewage treatment. It is proposed that this be achieved through government issued ration system that provides every person with their essential needs. Such rations would need to be non-transferable so that a no black market in rations is possible.

A system of fuel rationing will be required to ensure that the available fuel is dedicated to the production, processing and distribution of food and other essential services as the supply of oil dwindles. This will entail a progressive shutting down of as many non-essential commercial and private activities as required to reserve sufficient fuel for essential services.