From a
commentary by Tom Whipple in the Falls Church
News Press:
The whole system sustaining our lives is bound together by oil. It is the cheap freely available oil that has allowed us to move ourselves and our goods around cheaply, quickly, and efficiently. Specialized highly efficient production has of course resulted, for many, in a golden age, a cornucopia. Take away the oil, or simply raise the price high enough, and the social/economic order starts to come apart rapidly. Then what?
The answer is obvious. We in America , and indeed in many other countries, will turn to government to organize a solution. Which government? All of them. Every level from village council to presidents and prime ministers will be overwhelmed by the need to take action. Needs will be enormous, compared to anything we have known in recent years. . . .
Beyond the initial need to develop the organization to maintain life, civil order, and the distribution of vital goods and services, there will be a need for government in establishing extensive new systems of mass transit. If, as most expect, there will be very serious economic disorders, we start to raise issues of government as the employer or provider of last resort.
An argument can and will be made that the government should stay out of all this. Let prices rise and market forces alone will do the necessary allocations. There is no question that such policies would quickly devolve into widespread and unacceptable life-threatening situations comparable to evacuating yourself from the New Orleans flood without a car.
For now, planning is cheap. One day soon the implementation of these plans will be very costly.
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