Will Peak Oil Spell the End of Capitalism?

Will Peak Oil Spell the End of Capitalism?

from Dissident Voice by Stuart Jeanne Bramhall

Capitalism will end when oil runs out, according to Fleeing Vesuvius, a collection of essays first published in Ireland in 2010. The US and New Zealand editions came out in mid-2011. The basic theme of Fleeing Vesuvius, which is aimed at the growing sustainability movement, is TEOTWAWI (The End of the World as We Know It). The title refers to the volcano that destroyed Pompeii in 79 AD, specifically the large number of residents who failed to save themselves, despite weeks of earthquakes, gaseous clouds and other obvious signs that an eruption was imminent. For more than a decade, a growing body of evidence suggests that the planet is on the verge of economic and ecological collapse. Yet the vast majority of us do absolutely nothing to prepare for the stark conditions ahead.