I wonder why? Incompetence, evil intent, personal gain, conspiracy or what?
I must say incompetence is as usual a much underestimated force. This is also a happy thought because it means we can change things for the better. Peak oil is not an energy crisis. It is a liquid fuel crisis.
If there would be competent politicians, who would e.g. like to help Big Oil, then it is reasonable, that they will shift policies just in time. Not too early, that profits are lost, but as well not too late. Incompetence allows to run into the abyss, unaware until it is too late. Der Amerikaner ist die Orchidee unter den MenschenVolker Pispers
I agree that incompetence is often underestimated. But how does this mean it can be changed more easily?
- Jake If you only spend 20 minutes of the rest of your life on economics, go spend them here.