32 karma · joined March 5, 2022
So basically land value (which nobody creates through their own labor- its created by a community and should be owned by the community) is vacuumed up by the financial sector, which they throw at tech.
For more on this process, look into Michael Hudson, who accurately forecasted the 08 financial crisis.
But living in a world with industrial pollution is better than living in a pre-industrial world.
But I see no evidence this is close. Humans are flourishing more than ever before. And in the places that humans aren't flourishing, this is more due to social issues (inequality, deaths of despair) than to resource depletion. Moreover, stalling birthrates obviate any kind of Malthusian concerns for at least a generation or so.
People have been predicting resource-driven collapses for a long time now, since the Club of Rome and Donella Meadow’s Limits to Growth in the 70s. I haven't read Geoffrey West but it looks like he is in the same camp. A lot of very smart modelers and game theoreticians have come up with models predicting collapse. But they've been wrong so far when pressed to make falsifiable predictions (see the Simon-Erlich wager). And beyond falsifiable predictions, more empirical and less theoretical work also seems to show that models of resource-depletion and collapse are too simple to map on to what actually happens. See for example, Elinor Ostrom’s Governing the Commons, about how societies around the world and through history have successfully managed common-pool resources.
So Im not worried about resource-depletion-driven collapse.
My advisor said that after publishing 3 articles in good journals, I was done. So I was very motivated, had a clear target, and had a more satisfying and quick experience than probably 98% of PhD students.
I looked at programs in more attractive locations and at better rated schools, where they said essentially “you are done when we feel like you are done”. I turned them down and it was a fantastic decision.