The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
Why we are right now seeing so many problems with respect to wealth disparity and low commodity prices (Answer: World per capita energy consumption is already falling, and the energy/economy system needs to reflect this problem somehow.) Why the quest for growing technology leads to growing wealth disparity (Answer: The economy must be configured in more of a hierarchical pattern to support growing "complexity." Growing complexity is the precursor to growing technology.) Why rising debt is an integral part of the energy/economy system (Answer: We could not pay workers for making long-lasting goods and services without using debt to "pull forward" the hoped-for benefit of these goods and services to the present, using debt and other equivalent approaches.) Why commodity prices can suddenly fall below the cost of production for a wide range of products (Answer: Prices of commodities depend to a significant extent on debt levels. A major problem is that when commodity prices rise, wages do not rise in a corresponding manner. Rising debt levels can mask the growing lack of affordability for a while, but eventually, debt levels cannot be raised sufficiently, and commodity prices fall too low.) The Brexit vote may be related to falling energy per capita in the UK. Given that this problem occurs in many countries, it may be increasingly difficult to keep the Eurozone and other similar international organizations together.
by gmoke - Jun 6
by Oui - Jun 14
by Oui - Jun 13
by Oui - Jun 12
by Oui - Jun 11
by Oui - Jun 104 comments
by Oui - Jun 101 comment
by Oui - Jun 99 comments
by Oui - Jun 93 comments
by Oui - Jun 86 comments
by Oui - Jun 717 comments
by Oui - Jun 62 comments
by Oui - Jun 58 comments
by Oui - Jun 421 comments
by Oui - Jun 3