Modern economics no matter which theory you subscribe to has a given, continuous growth and based primarily on greed. Socialism which grew out of reaction to the excess of the industrial age is just as bad as capitalism. Neither addresses the biggest problem associated with unlimited growth. Extinction, of plants, animals, bees, and mankind. You can not have continuous growth in any way without using up all of the resources. That is the bull of our modern economic theories. They recommend and in fact are based on unlimited resources. We have one planet, one source of water and one source of food, despite the appearance of abundance.
The first bull is that oil can somehow be controlled and sold forever. To this end the United States and Briton and Australia are in the process of occupying and trying to pacify one oil producing country and getting ready to invade another. That and trying to foment a overthrow of the elected government of at least one other oil producing nation. All this does is prolong the death throws of the United States. Because unless we cut back and start taking common sense steps to conserve, we are only prolonging the pain when we can't use military or threats any more.
The second bull is that we can continue to waste our water and use it unwisely. With climate change and growing need for water to sustain life, we still use it for things that really do not make life any better. We still use it and even try to control it for highly stupid reasons. Now I have read of several corporations who are seeking to control the source of and sell water, based not on need but on what they can get for it. Do we really need large cities and large manufacturing plants in desserts? Or do we need to pollute water beyond our ability to clean it and reuse It?
The third bull is that we can continue to maintain large corporate farms to feed us. First and foremost, the recent rush of contamination of food is a direct indictment of the factory farms. The second is what does it cost in other resources to grow and use this food. How does it compare with when I was young and most of the food was grown and sold locally? We have to get back to eating and growing and selling or trading our foods in our community. This also is a indictment of genetically altered seeds. Most regions have developed crops that are unique to the region and very successful in that area. Our cutting back on eating of more then a few crops is criminal. We need to get back to growing more of our own foods and supporting local farms.
I am sure all of you have opinions on this. It's time to do something other then use up our resources faster and faster. It's time to come up with a new economics theory. I invite your ideas