Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
yes I'd like to know where Meacher got his numbers.  politicians never footnote their speeches :-(

"overcapitalised" seems to me an important concept to add to my list of skeptical memes.  I think it showed up in ericy's discussion of peak oil...  it's a commonality between corporate ag, factory trawlers, and megaproject power gen schemes... capital-intensive in more than once sense;  such schemes are dependent on huge inputs of monetary and energy capital to get started, but they are also net consumers of global capital (energy, biota, the infrastructure of life)... [wanders off looking thoughtful]

The difference between theory and practise in practise ...

by DeAnander (de_at_daclarke_dot_org) on Wed Jun 7th, 2006 at 07:21:05 PM EST
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