Tom Ellis
1 min readMar 7, 2022

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I wish you were wrong about this, but you are right. The biggest single delusion that most people throughout the world share is that money = wealth.

This is arrant nonsense. The actual basis of any economy is available net energy, defined as the energy you have left after the energy you invest to get that energy. And money is nothing but an imperfect measure of net energy; imperfect, because it is liable to distortion, and can be (and is) created out of thin air by loans from privately held banks. Ultimately, it is nothing but arithmetic. So it follows that whoever has the most available net energy, and the technological know-how to exploit that energy, wins--until that energy runs out.

And that, of course, is Russia. But the wild card in all of this is that this same available net energy has already superheated the atmosphere beyond multiple tipping points, meaning that somehow, if we stopped drilling or burning fossil fuels tomorrow (assuming that were even possible, which it is not), the runaway feedbacks of methane release from melting permafrost, coupled with loss of albedo from melting ice and wildfires worldwide (among multiple other positive feedback loops) will cause carbon levels to keep rising, ever faster. It makes me wonder if a nuclear holocaust might be preferable to slow death by starvation, ecocide, and "wet bulb" hyperthermia!

We are, after all, just animals, and our collective wisdom as a species is little more than that of chimpanzees...

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Tom Ellis
Tom Ellis

Written by Tom Ellis

I am a retired English professor now living in Oregon, and a life-long environmental activist, Buddhist, and holistic philosopher.

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