/biz/ - Business & Finance

We are living in a slow motion apocalypse. We are in the midst of the sixth mass extinction in the four billion year history of life on earth. Last week we officially emitted enough carbon to permanently pass the 1.5C warming threshold. There are more slaves now than at any time in human history. Rich nations use debt as a weapon to force poor ones into indefinite servitude and extraction of resources. The earth is losing forest at a rate of 40 football fields every. Single. Minute. Within ten years we'll have run out of the fertilizers needed to prop up our unsustainable agriculture which btw is permanently ruining the world's topsoil and causing total ecosystem collapse all over the globe. The air we breathe, the food we eat, and the water we drink are all toxic. Water tables are drying up, and the water wars already started years ago. The infrastructure critical to our way of life is literally crumbling and there's no public money to pay for it, much less to replace the parts that will be fucked by warming. Pensions are totally fucked. Healthcare is fucked and costs will only rise further as people get sicker. Most jobs are fucked due to automation. Ubiquitous surveillance and social control are on the rise the world over. We're running out of room on earth to externalize the externalities of our extraction and consumption, and the chickens are coming home to roost.

The powers that be can probably reanimate this corpse of an economy one more time. But hard ecological limits are looming from every possible direction, and no amount of money can overcome them.