" ... I've disagreed with Mark Jones on his prophesy of capitalism dooming
itself due to its fundamental dependence upon oil in the near future ..."
Yoshie
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i must have missed mark's post.
i'm curious how mark arrives at this conclusion. capitalism can't exist w/o
fossil fuels? why can't it just switch to other fuels: nuclear, solar,
hydrogen, biomass, etc.? so what if fuel costs become higher in the short
run? can't it just pass them along to the consumer? in the longer run,
alternate fuels might turn out to be cheaper depending on innovations in
related science and technology.
norm
