LedgerGermane

  • So, what does this mean?  We will likely adapt, but not in the way anticipated.  The most likely adaption will come in the form of a substrate shift. A shift in the underlying model of the global economy to one that is much, much more energy efficient….
  • Instead, it’s a global judo move that flips everything on its back. A core change to our fundamental economic and social model that substitutes physically moving products globally to virtually moving information about products. Where virtual presence is substituted for actual visitation and nothing is made that isn’t bought.
  • It’s a place where you telecommute to work if you sell goods and services globally.  Where all production is increasingly and inexorably local, from food to energy to consumer products.  It’s a place were physical travel is a premium event, reserved only for those objects and occurrences that are the most valuable.  In short, localization into resilient communities (the only term I know to describe it) drives orders of magnitude improvement (10x to 100x) in the use of energy, time, space, matter, and information over the old model of globalization.
  • However, like any shift in fundamental substrates, this a process of creative annihilation (as opposed to the much milder form of Schumpeter’s creative destruction we see in free markets). The benefits will only available to those that make the shift and the devil to the hindmost.
  • NOTE:  It’s interesting that under this scenario, the traditional categorizations of optimism and pessimism regarding our future become non-sensical.