Michael Albert

Occupy to self manage

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As they first formed, the assemblies were invigorating and uplifting. We were creating a new community, I was told. We were making new friends. We were hearing from new people. We were enjoying an environment where dissent was the norm. But as days passed, and then weeks, it got too familiar. And it wasn’t obvious to folks what more they could do.

To grow, the occupations need to very explicitly conceive themselves in ways that address immediate needs, are aimed at viable and worthy long term goals, and develop modes of participation that cause normal folks, enduring normal harsh conditions, to feel that giving their time makes good sense because it can eventually lead to a new social system with vastly better outcomes than those presently endured. Occupations that began in response to economic insanity need, as well, to broaden and adopt a more encompassing focus taking into account not only the economy, but also, and equally, matters of race, gender, age, ability, ecology, and war and peace.

The United States’ 65-Year debt bubble

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There is a close link between growing debt and growing GDP. GDP growth is a gross measure; it does not take into account the amount of debt required to finance this growth. The increasing level of debt since 1945 has enabled economic growth to be higher than it otherwise would be, and has allowed the US to buy goods and services from abroad that we could not otherwise afford. If high oil prices cause economic contraction, as I believe is the case, we may see the situation reverse itself. Instead of rising debt leading to growing GDP and growing imports, we may instead see shrinking debt leading to declining GDP and declining imports.

Occupy Santa Rosa’s first week contrasts with Wall Street’s moral principle

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“When They Execute a Corporation,” read a sign held by activist Gary Abreim, 69, “You Know They Are Real People.” When asked why he had been coming to the occupations, Abreim explained, “There are seeds being planted here. I’m here to water those seeds. They are a yearning, a passion on the part of Americans to return to a democracy that we have lost.”

Daniel Yergin massively reduced his energy estimates

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If one can’t rely on Daniel Yergin for soothing reassurances about the state of the global oil market, who you gonna call?

Since 2005, Yergin and his associates at CERA have massively reduced their projected rate of increase in Global Total Liquids “capacity.”

Throw them out with the trash

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What the Occupy Wall Streeters are beginning to discover, and homeless people have known all along, is that most ordinary, biologically necessary activities are illegal when performed in American streets — not just peeing, but sitting, lying down, and sleeping. While the laws vary from city to city, one of the harshest is in Sarasota, Florida, which passed an ordinance in 2005 that makes it illegal to”engage in digging or earth-breaking activities” — that is, to build a latrine — cook, make a fire, or be asleep and “when awakened state that he or she has no other place to live.”

How to turn the power of the Wall Street protests into real reforms

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As the Wall Street protests have spread from New York City to the rest of the country, some media pundits have criticized the protesters for being unfocused — as if there were only one thing wrong with the financial sector of the U.S. economy. The protests have provided a welcome response to Wall Street’s massive takeover of governance, and continued opposition to the status quo could produce opportunities to enact real reforms.

Commentary: Oil and the economy

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By itself, the concept of having to get by on just a little bit less oil each year seems to be manageable enough. Some think that a steadily, or even sharply, rising price will merely reduce demand and promote exploration and that everything will more or less normally work itself out through well understood market mechanisms. Perhaps it will, but I think the odds are stacked against a smooth transition to a future of less net energy.