 | Even CATO libertarians say energy deregulation does not work | The Oil Drum: Europe | ODAC Newsletter, Wednesday 10 October |  |
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Doug Low-
Thanks for posting your newsletter here at TOD. As a US citizen in the oil and gas business, I'm concerned with what other parts of the world think about peak oil. The mainstream media has become so concentrated in ownership by the giant industrial corporations in the US that its hard to get news with an international perspective.Bob Ebersole
Yeah nice to see ODAC somewhere outside of Energy Bulletin.
I think all that so called globalization with cheap labour and no regulation for environment is a crock. It encourages companies to go where there is not regulations, no unions or any protection for workers or environment. Essentially encouraging a race to the bottom till everyone is a wage serf like in Dickens time with black skies and filthy rivers like in China. This is the inevitability of globalization that you hear about. The solution is to just put massive protectionist tariffs on anything exported from anywhere where any environmental damage or working conditions happen that would be unacceptable in your own country then the local jobs would be saved and the environment and working population of exporting countries would be saved from exploitation. The locust swarms of hedge funds and neoliberal ideology of globalization as the end to history lives from the myth of the inevitability of globalization and the idea that everyone will benefit from it. Nobody is benefiting from it at all. In the end we are seeing what Cerberus et al. are doing to the world. It is armageddon. Usually the idea is takeover a company and destroy it, using up the empoyees and resources and move on. then they have done that to countries. Now they have done that to the whole planet. Only this time they have no place to move on to. They die with us. Bad Karma.
“Without a video the people perish”-Is. 13:24
Hello Bob,
The newsletter is Europe and in particular UK biased, but that is ok. The USA scene is covered very well elsewhere.
Doug
Doug,
Thats what i like about your newsletter, a bias towards a UK/ European point of view. In the US we need to see events from a perspective east of the Atlantic and west of the Pacific. Its good for us.
You'd never guess by looking at US Media, but there are 6.2 billion people on the planet who are not American.
Bob Ebersole