"Cheap oil had allowed populations to explode in precisely those parts of the world that had had, for millennia, a high infant mortality rate and modest life expectancy. Cheap oil was behind the "" that increased the food supply in the nonindustrial world. Oil was also behind many of the medicines and preventives that had neutralized… diseases. Now, suddenly, most of those children… survived, grew up, and produced more children who survived and grew up, and over the course of the twentieth century, the global populations hurtled into extreme numerical overshoot. Populations were, in effect, eating oil, notably in [the form of] food exports from the United States, where agribusiness had completely taken over from agriculture. Local farmers in Africa, Asia, or South America couldn’t compete with corporate Archer Daniels Midland’s oil-and-gas-based grain crops and U.S. government subsidies. There was no point in even bringing their hardscrabble crops to market when sacks of cheap American wheat sat on the docks of Pusan or Colombo. Farmers in those places felt that they had no choice but to migrate to the city and find some other way to get by. The only comparative advantage that these people possessed was their willingness to work for next to nothing. Cheap oil and free-market globalism turned comparative advantage into a new kind of feudalism, with the corporations as the lords and the overabundant locals as the serfs. And then, when the comparative advantage of cheap labor… of one place, […] was superseded by the cheaper labor… of another place, […] the corporations just moved their operations."
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Original Language: English
Available Languages (1)
Sources
Chapter 6, pp. 187–188.
https://en.wikiquote.org/wiki/The_Long_Emergency
Revision History
No revisions have been submitted for this quote.
Categories
The Long Emergency
95 quotes on TrueQuotesView all quotes by The Long Emergency →
Related Quotes
"Above all, and most immediately, we face the end of the cheap fossil fuel era. It is no exaggeration to state that re…"
"What is... not comprehended about this predicament is that the developed world will begin to suffer long before the o…"
"It has been estimated that the world human population stood at about one billion around the early 1800s, which was ro…"
"Malthus… has been the whipping boy of idealists and techno-optimists for two hundred years. His famous essay proposed…"
"Malthus was certainly correct [that demand will outstrip supply], but cheap [and easy-to-find hydrocarbons like coal,…"
"We are already experiencing huge cost externalities from population hypergrowth and profligate fossil fuel use in the…"
"The high tide of the... [industrial] age also happened to be a moment in history when human ingenuity gained an upper…"
"At the same time, the world is overdue for an extreme influenza epidemic. The last major outbreak was the 1918 Spanis…"
"The so-called global economy was not a permanent institution, [...] but a set of transient circumstances peculiar to …"
"It has been... hard... to make sense of the gathering forces that will fundamentally alter the terms of everyday life…"