James Howard Kunstler: Peak Oil and Our Financial Decline

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Uploaded by on Jan 18, 2011

In this fourth video in the series "Peak Oil and a Changing Climate" from The Nation magazine and On The Earth Productions, James Howard Kunstler discusses how finance and energy are running neck and neck to fuel the end of advanced industrial civilization.

For more videos in the series, visit www.TheNation.com.

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  • I totally agree that that is the best model moving forward (I've been to Copenhagen and it's a beautiful city.) However, reducing oil consumption (per person or total) means relying more on the energy income of sunlight through whatever tech or biological means. You sound pretty tuned in but you must recognise that these steps (reducing reliance upon globalised systems) come into direct conflict with the demands of the growth paradigm. In other words, growth is the problem.

  • 'the messenger has discredited the message' Your statement does not even begin to make sense. Peak Oil is physical reality, discrediting Kunstler will not bring more oil into existence.

    Peak oil is in the past, the economy is not growing anymore, this is what is causing the current disintegration of the monetary system as a fiat currency system must either grow or collapse, because without growth there is nothing to pay interest on debt.

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  • Kunstler, Rubin, and Taleb.

  • I disagree with his previous opinion about the suburbs (becoming slums of the future) though as one could be near self sufficient with growing crops in a yard (land) and the residents using them as microfarms (my grandparents did this in the great depression of the 1930's).Without food the densified cities could be a Soylent green type of a situation however his assessment prediction here (opinion) in this video is spot on right.One as an individual should prepare for becoming self sufficient

  • has he ever gotten anything right? the guy's a joke.

  • I like Kunstler but he gets a lot of shit wrong :(

  • Mr Kunstler is very right about the ability of bankrupt political/economic systems to keep going long after they have ceased to function well, We'll be looking at another US election and build up to war, like this one, in ten years time and asking ourselves, how long this can go on before someone does something? climate and peak oil are not subject to the same rules however, they'll come when they are ready.

  • I am in no way prepared for the worst and have been under this stark realization for some time. I am playing the ultimate gambling game right now going to college (debt), moving in my families first home (debt), home infrastructure setup to create some power (debt), drip irrigated regenerative crop planting (debt), and a new roof (debt)... My master plan it to attempt to get a position directly with the city as their Enterprise Architect in order to lay the way with the tech neede

  • My way is merely being prepared for the worst. It has no impact on how the future goes down. But it does appear that the human race has squandered a lot of the fossil energy available without developing the two or three technologies that can be really considered successors. Fission (developed, but the small minded are terrified of it), fusion (always 30 years away), and orbital solar (further away than fusion).

  • Loved the points about the environmentalists missing the point about energy! Absolutely accurate!

  • If we go about it your way, our future is another Dark Ages, think about it.

  • Seeds, land, tools, guns, ammo and medicines. That's what you want. The ability to grow your own food and the means to protect it from those who lack the ability. I know most of the people talking about Peak Oil are died in the wool liberals and don't like guns, but they'll be more necessary than ever if the worst comes to pass.

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