Hubbert’s third prophecy
M.K. Hubbert: “Our principle constraints are cultural…we have evolved a culture so heavily dependent upon the continuance of exponential growth for its stability that it is incapable of reckoning with problems of non-growth…it behooves us…to begin a serious examination of the…cultural adjustments necessary…before unmanageable crises arise…”
Dmitry Orlov: “Hubbert was right. Again.”
The problem is described and solutions are offered.
November 9, 2011