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Big Oil’s Broken Business Model

Until last fall, when the price decline gathered momentum, the oil giants were operating at full throttle, pumping out more petroleum every day.  They did so, of course, in part to profit from the high prices.  For most of the previous six years, Brent crude, the international benchmark for crude oil, had been selling at $100 or higher.  But Big …

Industrialism

Confronting Industrialism

Some of the most important questions confronting us are: what should we do about this culture’s industrial wastes, from greenhouse gases to pesticides to ocean microplastics? Can the capitalists clean up the messes they create? Or is the whole industrial system beyond reform? The answers become clear with a little context. Let’s start the discussion of context with two riddles …