Alexander Ač

As a species we’re very sensitive to intra-human drama, and in a time of growing crisis, tend to frame narratives as those who are with us and those against.

The broad point here is that growth and collapse is a much more fundamental process than capitalism…

Given that City of Detroit has now officially filed for bankruptcy, it is worth looking at the bigger picture.

The current period can be undoubtedly characterized as an economical, ecological, cultural, political, but also moral crisis. The solution seems to be as far off as ever and problems seem to be getting worse by the day everywhere. Why is that, what can we expect in the future and what are the safe outcomes from this future bottleneck? We have been talking to Nathan Hagens at the latest ASPO conference in Vienna…

“I have seen a lot of people not quite getting what economically might happen. I have seen a lot of people assuming there is a kind of energy decline curve, so that economy might sort of to follow that. But we are entering this decline curve with the highest level of leverage, or debt, on record. We have been towering up huge amounts of debt that requires constant growth. So I see the possibility, again a risk, of a more disruptive future than perhaps others do.”

“Financial crisis is going to make resource depletion much harder to address, because we are not going to have the money to replace highly energy-dependent infrastructure. Doing so would be staggeringly expensive and would take a very long time even if we did have the money. As it is, we will be forced to conserve both money and resources by going without.”