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	<title>Comments on: $200 Oil Will Kill Capitalism, Warns Germany&#8217;s Largest Bank</title>
	<atom:link href="http://endofcapitalism.com/2008/06/27/200-oil-will-kill-capitalism-warns-germanys-largest-bank/feed/" rel="self" type="application/rss+xml" />
	<link>http://endofcapitalism.com/2008/06/27/200-oil-will-kill-capitalism-warns-germanys-largest-bank/</link>
	<description>A new world is on its way. We are building it, one day at a time.</description>
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		<title>By: endofcapitalism</title>
		<link>http://endofcapitalism.com/2008/06/27/200-oil-will-kill-capitalism-warns-germanys-largest-bank/comment-page-1/#comment-188</link>
		<dc:creator><![CDATA[endofcapitalism]]></dc:creator>
		<pubDate>Sun, 29 Jun 2008 05:40:31 +0000</pubDate>
		<guid isPermaLink="false">http://endofcapitalism.wordpress.com/?p=147#comment-188</guid>
		<description><![CDATA[Hey Sid,

Thanks so much for contributing your thoughts!  I really liked what you had to say, it&#039;s clear that you&#039;ve studied this subject.

I wanted to agree with you that what the reporters/bankers are suggesting here is not particularly grounded in an understanding of social injustice or how societies and empires collapse.  Please notice also that my intent in re-posting this article is not to scare people or discourage people from taking action, it&#039;s actually the complete opposite.

I recognize now that I should probably have written a short introduction to this article in my own words, to clarify why i thought it was important.

However, I think that you&#039;re wrong about capitalism being invulnerable to collapse.  It&#039;s actually incredibly vulnerable, and although it&#039;s &quot;not going away on it&#039;s own&quot;, it WILL go away if the economic and material conditions for it evaporate, which is exactly what I think is happening now with Peak Oil.  

Now that doesn&#039;t mean it&#039;s necessarily a good thing, because global capitalism could break down into all kinds of stuff, including fascism in a lot of places.  But as activists and people with consciences enough to be revolutionaries, it&#039;s our responsibility to move things in a more human direction, and fight for justice with the same vigor that we do in times when capitalism is strong.

It&#039;s just that when the oil shortage breaks the back of the market system, we may have an opening that I think we need to take full advantage of.

Thanks again for posting!  Keep up the fight!

alex]]></description>
		<content:encoded><![CDATA[<p>Hey Sid,</p>
<p>Thanks so much for contributing your thoughts!  I really liked what you had to say, it&#8217;s clear that you&#8217;ve studied this subject.</p>
<p>I wanted to agree with you that what the reporters/bankers are suggesting here is not particularly grounded in an understanding of social injustice or how societies and empires collapse.  Please notice also that my intent in re-posting this article is not to scare people or discourage people from taking action, it&#8217;s actually the complete opposite.</p>
<p>I recognize now that I should probably have written a short introduction to this article in my own words, to clarify why i thought it was important.</p>
<p>However, I think that you&#8217;re wrong about capitalism being invulnerable to collapse.  It&#8217;s actually incredibly vulnerable, and although it&#8217;s &#8220;not going away on it&#8217;s own&#8221;, it WILL go away if the economic and material conditions for it evaporate, which is exactly what I think is happening now with Peak Oil.  </p>
<p>Now that doesn&#8217;t mean it&#8217;s necessarily a good thing, because global capitalism could break down into all kinds of stuff, including fascism in a lot of places.  But as activists and people with consciences enough to be revolutionaries, it&#8217;s our responsibility to move things in a more human direction, and fight for justice with the same vigor that we do in times when capitalism is strong.</p>
<p>It&#8217;s just that when the oil shortage breaks the back of the market system, we may have an opening that I think we need to take full advantage of.</p>
<p>Thanks again for posting!  Keep up the fight!</p>
<p>alex</p>
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		<title>By: Sid</title>
		<link>http://endofcapitalism.com/2008/06/27/200-oil-will-kill-capitalism-warns-germanys-largest-bank/comment-page-1/#comment-187</link>
		<dc:creator><![CDATA[Sid]]></dc:creator>
		<pubDate>Sun, 29 Jun 2008 05:09:15 +0000</pubDate>
		<guid isPermaLink="false">http://endofcapitalism.wordpress.com/?p=147#comment-187</guid>
		<description><![CDATA[This idea of collapse is ridiculous. I took a course in college last year called &quot;collapse&quot; and let me tell you: its just a myth. most societies that &quot;collapse&quot; change their social hierarchies -- not disappear or descend into chaos. Most people don&#039;t think that a highly advanced civilization with a state hierarchy could revert to a pre-state form. Well it has happened with the Maya and Easter Islanders. Same amount of people over time -- one decade a civilization, the next autonomous tribes. How about the Soviet Union? This is the biggest shame of a collapse -- counter-revolution is not collapse. (Not to say the Soviet system was desirer able, but it wasn&#039;t capitalist either). The current &quot;decline&quot; of Soviet society is due to capitalist reforms, not the failure of the state economy.  
The idea that capitalism will collapse is silly. Its the sort of unhelpful apocalyptic prophesy that allows for the existence of &quot;armchair revolutionaries.&quot; It ain&#039;t going away on its own -- so get off your duff and do something about it.]]></description>
		<content:encoded><![CDATA[<p>This idea of collapse is ridiculous. I took a course in college last year called &#8220;collapse&#8221; and let me tell you: its just a myth. most societies that &#8220;collapse&#8221; change their social hierarchies &#8212; not disappear or descend into chaos. Most people don&#8217;t think that a highly advanced civilization with a state hierarchy could revert to a pre-state form. Well it has happened with the Maya and Easter Islanders. Same amount of people over time &#8212; one decade a civilization, the next autonomous tribes. How about the Soviet Union? This is the biggest shame of a collapse &#8212; counter-revolution is not collapse. (Not to say the Soviet system was desirer able, but it wasn&#8217;t capitalist either). The current &#8220;decline&#8221; of Soviet society is due to capitalist reforms, not the failure of the state economy.<br />
The idea that capitalism will collapse is silly. Its the sort of unhelpful apocalyptic prophesy that allows for the existence of &#8220;armchair revolutionaries.&#8221; It ain&#8217;t going away on its own &#8212; so get off your duff and do something about it.</p>
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