On the Edge with Max Keiser

Hunger Insurance

[In italiano]

[Week Two of ClubOrlov summer vacation. Food prices are about to go through the roof because of the disastrous harvests. Meanwhile politicians here in the US are conjuring up ways to keep entitlements going with just two underemployed working-age people there to support each retiree. And so, it's time to recycle this post. See if you can guess what it's about.

And if you can't, then why don't you go out and take part in the Reverse French Revolution that's underway in the US. That's where revolting peasants do all they can to elect an aristocrat who will swindle them out of their savings even faster and lock up even more of them in the Bastille. And what makes these peasants so revolting is that they are all fat—from eating cake instead of bread, just as Marie Antoinette had suggested.]

I would like to sell you some hunger insurance. Are you insured against hunger? Perhaps you should be! Without this coverage, you may find it impossible to continue to afford feeding yourself and your family. With this coverage, not only will you be assured of continuing to get at least some food, but so will I. In fact, thanks to this plan, I will get to eat very, very well indeed.

Corn Madness

[ClubOrlov is on a much-needed vacation this week. In the meantime, if you haven't read it already, please read this. Originally published in March of 2010 as a bit of a long shot, this turned out to be one of the most widely read pieces.]
 
Another guest post. Translated from the Russian by Your Humble Narrator. It's a letter sent in by one young, once optimistic Russian who finds himself marooned in some blighted Boston exurb in southern New Hampshire.

Dear Dmitry,

I hope you don't mind that this is in Russian. I think that this way I can be more completely honest. I am a relatively recent graduate of one of the many faceless post-Soviet institutions of higher learning, with a degree in philosophy. Last year I moved to the USA and married an American woman.

The question of when the modern capitalist system is going to collapse has interested me since my student years, and I have approached it from various directions: from the commonplace conspiracy theories to the serious works of Oswald Spengler and Noam Chomsky. Unfortunately, I still can't fathom what it is that is keeping this system going.

Revolutionary Conditions

Alex Jeffries

Travel advisory: Starting in 2013, in many parts of planet Earth there will be too little food and too much political unrest to make them pleasant destinations.

Food is about to get very expensive everywhere: farming states in the US are living through the worst drought since the Dust Bowl; in Russia and Ukraine, heat waves and drought have produced similar results, with estimates for grain production down 30-50% from last year; in India, the critical monsoon rains are already down 22%.

Interview on Voice America

The Joy of National Default

Alexander Wells

[日本語訳]

At 78 pages of scholarly, somewhat jargon-laden prose, Trade-Off: Financial System Supply-Chain Cross-Contagion by David Korowicz is not quick reading, nor is it light reading, but it is important reading. It puts a lot of definition to the concept of cascaded failure, in which financial collapse inexorably leads to political and economic collapse with no possibilities for arresting this process or even altering its course. This may seem like a terribly pessimistic message, and, indeed, it is hard to imagine that it would provoke a cheerful reaction in any sane person. But for those who feel that it is important to understand what is unfolding, Korowicz offers a large dose of realism. Still, a fair warning is called for: “Abandon all optimism all ye who enter here!”

Politics of the Unconscious

Mike Mitchell

Across the US flags are flying at half-mast in honor of the twelve people killed and 58 injured by James Holmes during the midnight premiere of the new Batman movie “The Dark Knight Rises” in Aurora, Colorado. Meanwhile, Norway is commemorating the 69 people shot dead by Andras Brevik at the Labor Party youth camp on Utoya Island a year ago. Norway's Prime Minister Jens Stoltenberg said that Brevik “brought Norwegians together in defense of democracy and tolerance.” Unlike the much higher civilian death counts coming out of places such as Afghanistan, such events never fail to shock us. We are fine with intercommunal violence, and happy to call it a “war.” In fact, the ability to kill people with impunity in remote corners of the planet makes us feel stronger and safer. But intracommunal violence shocks us, because it compromises our sense of safety.

Unlearn, Rewild

One of the least useful words in the English language is the word “wilderness.” I grew up wandering the woods, and, to me, where the road and the trail end and the animal (and human) paths begin is a point of fundamental transition: beyond this point lies something else—an older, perfectly ordinary, normal way of being, in which we are just another animal among many others. (An even more atrocious term is “unimproved land”—which is what developers call land that they haven't had a chance to bulldoze yet; “undestroyed land” seems more like it.) Perhaps a more reasonable perspective is to not call “wilderness” anything—it's just another piece of the planet—and instead find a word that applies to its opposite: human blight, perhaps? Human infestation? You get my point.

Peak Oil Oppositional Disorder: Neurosis or Psychosis?

[En français] 

The latest version of the Diagnostic and Statistical Manual of Mental Disorders (DSM) has grown to include 297 disorders, but it seems that there is always room for one more.

Richard Heinberg recently published an article that addresses various recent claims that Peak Oil is no longer a concern. His term for the phenomenon is “peak denial.” It sounds good, and dovetails nicely with Richard's overall theme of “peak everything.” It's a thoughtful piece that does a thorough job of exposing the surreal nature of the optimists' projections, and I have no issues with his argument. I do, however, have an issue with his terminology. First, since denial does not happen to be a nonrenewable resource with a characterizable depletion profile, its peak, should we detect one, is not particularly meaningful, because it could just as easily peak again tomorrow and then again next century. Second, I suspect that “denial” is no longer the right word to describe the social phenomenon we are currently observing. I think that Ugo Bardi pointed us in the right direction: in his article reacting to George Monbiot's assertion that "We were wrong about peak oil, there is enough to fry us all," Ugo characterized Monbiot's approach to Peak Oil using another word: “delusion.”

The Movement for Involuntary Complexity

Afu Chan

Year after year, the Addbusters Magazine propagandizes “Buy Nothing Day”:

On Nov 25/26th we escape the mayhem and unease of the biggest shopping day in North America and put the breaks on rabid consumerism for 24 hours. Flash mobs, consumer fasts, mall sit-ins, community events, credit card-ups, whirly-marts and jams, jams, jams!

The idea, I suppose, is the usual sort of thing: make a stand, send a message, have something to talk and write about... and then go right back to consuming. On the day after “Buy Nothing Day,” for instance, you could buy a glossy copy of Addbusters Magazine at the check-out counter at Whole Foods. Last I checked, you could do so in the more liberal Cambridge, Massachusetts, but not in the more conservative Brookline, Massachusetts right across the river. The cultural battle lines are clearly drawn.