Standing Marx on his head: Rethinking socialism and sustainability

Marx is famous for standing Hegel on his head, arguing that ideas and culture are not the fundamental causes of a society’s form as Hegel claimed, but that it is the productive situation which determines a society’s superstructure of ideas and values. Sorry socialist comrades but he was wrong about that. And it’s important for thinking about revolutionary strategy.

Shale oil and gas fraud: A sign of a peak in oil supplies?

Investment icon Warren Buffett once wrote in a letter to shareholders, “You only find out who is swimming naked when the tide goes out.” In the wake of the pandemic, the tide has gone out in U.S. shale oil and the naked swimmers are all around. With this decline of the so-called “shale miracle” is a peak in world oil production already behind us?

Who pays for the care of “orphaned” oil and gas wells? You do

There have been millions of oil and gas wells drilled in the United States since the beginning of the oil age and millions more drilled throughout the world. The carelessness of those who drilled and prospered by them is now turning into an ugly and persistent legacy of the industrial age.