Thursday, September 2, 2010
Michael Phillips Redux
Ya gotta understand that oil is capital, and we turn it into food, transportation, building materials, etc. In other words, we live on capital. If we're really running out of the stuff, we ought to use what we still can to mobilize its replacement(s).
My ecological footprint is roughly the size of what I own and earn, whether I'm an entrepreneur, wage slave, beggar, thief, trust-fund baby -- you get the idea -- except to the extent that I build a sustainable future. So I can make a zillion dollars a year, and that's okay, if I use it to build a society that runs on sun, gravity, and photosynthesis, and live on...very, very little.