March 12, 2009

DN Column - The Capitalist Ponzi Scheme

Hell of a title copy desk came up with for this one. I myself would generally never use the word doom, but hey, maybe it will wake some people up. I encourage everyone to read up on the sources for this story and do some scavanging (aka research) and analysis of their own. Time to end the multigenerational Ponzi scheme by Kim Stanley Robinson. Several posts by the great Joe Romm over at the Climate Progress Blog along with trackbacks to articles by the LA Times, New York Times, NOAA, and New York Times again. The ever-inspiring No Impact Man, Colin Beavan. And, of course, the all knowing Wikipedia and the anonymous souls who wrote about Ponzi schemes and market externalities in a way even an anti-economist like me can understand. Also, as always, check out the Intergovernmental Panel on Climate Change (especially if you like scary stories), the NOAA's Earth System Research Laboratory, and (if you're really bored) try typing 'climate change' into the search box over at the Proceedings of the National Academy of Sciences website. (Hint: 57,649 results, and that's just research that they've published.) Aren't we glad Obama ended the war on science?

‘Ponzi Scheme Capitalism’ spells out future doom


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