Quote:
Originally Posted by piercehawkeye45
From what I understand, global capitalism is based on the assumption of sufficient global resources. So, if resources are insufficient, we will regress towards a more mercantile mindset assuming we want to keep the same standards of living or don't progress on our needs.
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That looks like a pretty big
if. Dr. Paul Ehrlich and the Club of Rome were extrapolating resource exhaustion circa 1980-85. Didn't even come close to happening; their model had its defects. All that really seems to be going on is increased viability of mining lower-grade ores, extracting more and more difficult oil, and so on across the board. Start accessing the Solar System, and iron among other things gets rather suddenly very very abundant.