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?? Reg capture may sap an economy but I don't see them as an existential threat. A single "industry" consuming most energy could be a potential existential threat, on the other hand, if it diverts economies from being productive assets to doing something for its own sake.


Leaky oil pipelines, industrialized agriculture spraying under-researched poisons on their crops, factory farming of animals leading to anti-biotic resistant viruses, mining operations which destroy the land. Fractional reserve banking and predatory lending allow consumption in excess of production.

Hell, the state department spent taxpayer money to promote fracking to the rest of the world.

This is only possible because we allow so much concentration of money and power (and thus they can buy their way around the law and avoid paying for externalities). Concentration of capital is the root of all evil. Modern banking system is built to concentrate capital, and has been dangerously successful in the past century.


The USSR didn't have fractional reserve banking and a lot more industrial scale catastrophes took place.


> anti-biotic resistant viruses

Antibiotics lead to resistant bacteria, not viruses.


Oops! You're right. Good catch.




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