The Simpler Way
Consumerism, Society — by Samuel Alexander February 23, 2012
Getting and spending, we lay waste our powers. – William Wordsworth
Introduction
by Samuel Alexander
Beyond our basic material needs for food, clothing, and shelter, how much is enough? In particular, how much money and how many possessions do we really need to live well and to be free? These are not questions that many people ask themselves in consumer societies today, but they are some of the most important questions of all.
Comments (2)Peak Oil Can Fuel a Change for the Better
Consumerism, Economics, Food Shortages, Society, peak oil — by Samuel Alexander January 13, 2012
The advent of peak oil means we should prepare for a downscaling of our highly energy and resource-intensive lifestyles.
What is peak oil and why does it matter? And what effect will it have on the Western lifestyles we take for granted? These are not questions that many people are asking themselves yet, but this decade is going to change everything. Peak oil is upon us.
Peak oil does not mean that the world is about it run out of oil. It refers to the point at which the supply of oil can no longer increase. There is lots of the stuff left; it’s just getting much more difficult to find and extract, which means it is getting very hard, and perhaps impossible, to increase the overall ”flow” of oil out of the ground. When the flow can no longer increase, that is peak oil. Supply will then plateau for a time and eventually enter terminal decline. This is the future that awaits us, because oil is a finite, non-renewable resource.
Comments (1)Peak Oil, Energy Descent, and the Fate of Consumerism
Consumerism, Economics, Food Shortages, Society, peak oil — by Samuel Alexander
Western-style consumer lifestyles are highly resource and energy intensive. This paper examines the energy intensity of these consumer lifestyles and considers whether such lifestyles could be sustained in a future with declining energy supplies and much higher energy prices. The rise of consumer societies since the industrial revolution has only been possible due to the abundant supply of cheap fossil fuels – most notably, oil – and the persistence of consumer societies depend upon continued supply, for reasons that will be explained. But recently there has been growing concern that the world is reaching, or has already reached, its peak in oil production, despite demand for oil still expected to grow considerably. Put more directly, many analysts believe that demand for oil is very soon expected to outstrip supply, with a recent study by the US military reporting that, globally, spare productive capacity could entirely dry up by 2012 and by 2015 demand for oil could outstrip supply by almost 10 million barrels per day. What this means – even allowing for some uncertainty in timing and extent – is that the world is soon to face a situation where economic and geopolitical competition escalates over access to increasingly scarce oil supplies. One consequence of this (a consequence already playing out) is that oil will get more expensive. Since oil is the ultimate foundation of industrial economies, when it gets more expensive, all commodities get more expensive, and this dynamic will have pervasive implications on the globalised economy and the high consumption lifestyles that fully depend on that economy.
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