Collapse

365 readers

13 users here now

This is the place for discussing the potential collapse of modern civilization and the environment.

Collapse, in this context, refers to the significant loss of an established level or complexity towards a much simpler state. It can occur differently within many areas, orderly or chaotically, and be willing or unwilling. It does not necessarily imply human extinction or a singular, global event. Although, the longer the duration, the more it resembles a ‘decline’ instead of collapse.

RULES

1 - Remember the human

2 - Link posts should come from a reputable source

3 - All opinions are allowed but discussion must be in good faith.

4 - No low effort, high volume and low relevance posts.

Related lemmys:

founded 7 months ago

MODERATORS

[email protected]

109

The Big Shining Lie: We're Better Off Now--No, We're Poorer, Much Poorer (charleshughsmith.blogspot.com)

submitted 3 days ago by [email protected] to c/[email protected]

6 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 4 points 2 days ago

wails Think you meant 'fails.' Otherwise a perfect summary of what I've been saying for years.

The political end [highly compressed] goes like this. LBJ decides he can win the Vietnam War with a massive push. The big punch turns into a quagmire. In order to pay for the War, LBJ prints money without raising taxes, leading to inflation. Richard Nixon ran for President vowing to end both inflation and the Vietnam War. Instead he kept LBJ's failed policies and doubled down. When the Arab Oil Boycott hit, it was a disaster for the US.

You know all those fabulous loft apartments you see in Manhattan's Soho district? They were originally small factories; all those businesses had to flee the city to the South or foreign shores because the cost of energy had tripled.

When Reagan came in and cut taxes for the rich the middle class was doomed.