5.31.2011

A Nobel Economist Says Globalism Is Costly For Americans

"All of economics is predicated on the notion that resources are inexhaustible, and that the only challenge is to use them most efficiently. But if resources are not inexhaustible and cannot be replicated by human capital, the world economy is being ruthlessly exploited to its detriment and to the detriment of life on earth.

Thanks to Bush/Cheney/Obama and the wars for military/security profits, we might not last long enough to test Daly’s hypothesis. As American hegemony confronts both China and Russia, hubris can rid the planet of humans before nature does. "
Read more HERE

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