While We Were Sleeping

As the current economic realities continue to unfold, it is critically important that Americans understand that what we are experiencing is a global interrelated challenge.

Over the past year or so, while America slept, China went on a shopping spree. According to the March 17th issue of the Washington Post,

Even as global financial flows have slowed sharply overall, China has dramatically stepped up its outbound investment. In 2008, its overseas mergers and acquisitions were worth $52.1 billion -- a record, according to the research firm Dealogic. In January and February of this year, Chinese companies invested $16.3 billion abroad, meaning that if the pace holds, the total for 2009 could be nearly double last year's.

On Feb. 12, China's state-owned metals giant Chinalco signed a $19.5 billion deal with Australia's Rio Tinto that will eventually double its stake in the world's second-largest mining company.

China is now actively in the process of insuring their future by buying up mineral and oils rights all across the planet. They are moving down the path of material abundance which we have been modeling for the past 30 years; and very little we say or do is going to change this anytime soon. The challenge for us is that with 1.3 billion people in China if they want to play the consumption game, that will put unimaginable stress on our ability to do the same.

Americans will be faced with the necessity of a different sort of future when it comes to energy. As these massive Asian countries lock up resources for their future, we will be forced to either fight them... which is not very realistic, or seriously begin to re-organize our energy demands so we are not as effected by these huge global shifts in control of resources.

If we can be successful in building the systems to provide for our needs much closer to home, we can help assure a less stressful transition from an oil dependent society to one with built-in resilience from the coming environmental and financial shocks.

For cities and states who enact legislation to encourage these changes, they will find themselves in a far better position than those who doggedly hold to the fading dream of ever growing economies full of more and more stuff.

Totally Uncharted Territory

The news these days is sometime hard to hear. The trend is ever downward for so many. The mantra seems to be "we have never seen this before," and it is true for anyone less than 80 years old. What I find so interesting is the continual expectation that these challenges will eventually smooth out and we will get back to some semblance of order.

My intuition tells me something much different.

A recent column by Pulitzer Prize winning columnist Thomas Friedman said the following.

We have created a system for growth that depended on our building more and more stores to sell more and more stuff made in more and more factories in China, powered by more and more coal that would cause more and more climate change but earn China more and more dollars to buy more and more U.S. T-bills so America would have more and more money to build more and more stores and sell more and more stuff that would employ more and more Chinese ...

We can’t do this anymore.

“We created a way of raising standards of living that we can’t possibly pass on to our children,” said Joe Romm, a physicist and climate expert who writes the indispensable blog ClimateProgress.org. We have been getting rich by depleting all our natural stocks — water, hydrocarbons, forests, rivers, fish and arable land — and not by generating renewable flows.

What we are experience these days is nothing short of a re-structuring of what we have called normal for the past 60 to 80 years. We are now faced with an unprecedented combination of challenges including climate change, the end of inexpensive energy, and the unraveling of the economic fabric is crating a global situation we had NEVER experienced in our lifetimes, a culture changing perfect storm so to speak.

I firmly believe we will not "get back to normal" but that instead, we are in the early stages of moving to a new normal. As a species, we have had to make significant changes before so I am confident we have the ability to transition our culture to the next stage.

Deep, deep in our social and possibly genetic coding we know what to do. And we also know it takes great focus and perseverance. I do not assume it will be a smooth ride for everyone, transitions never are. But we have the opportunity to come through this with an American culture that is far more sustainable, reliant on the use of more local sources and having a high or higher overall quality of life.

We may very well consume far less stuff, but by refocusing ourselves towards those things that make live deeply rich and satisfying, we can replace what some may feel as "lost." These include a significant increase of interaction with people and the advantages of resilient and more self-reliant communities.

Now the Work Really Begins

With the inauguration of Barak Obama complete I feel a need to hunker down and really get to work. His leadership will only succeed if he has tens of millions of American working along side him through these increasingly challenging times.

For this reason I offer a short piece from STEPHANIE BERCHT Staff Writer for the Savannah College of Art and Design in Savannah , Georgia.

- Zev

The term “sustainability” can be confusing, as it is often related to a broad range of disciplines, usually associated with human development and its effect on the environment. The buzzword comes from “sustainable development”, which is defined as “meeting the needs of the present without compromising the ability of future generations to meet their own needs.” This term was coined in 1987 by Dr. Brundtland, the first appointed chairperson of the UN World Commission on Environment and Development. However, sustainability is not a new concept. The Great Law of the Iroquois long ago stated that “in our every deliberation, we must consider the impact of our decision on the next seven generations.” It relates to human development in terms of economy, culture as well as the environment.

Our way of life that thrives on excessive consumption is unsustainable – that is, we cannot maintain our lifestyle indefinitely because we are quickly depleting the resources that support it and consequently deteriorating the quality of our lives. The concept of sustainability is to continue development through wise choices in the way we use our natural resources. This includes reassessing where we get our energy from, how we use it and what we use it for, what type of food we eat, how we harvest it, what materials we use – for anything – and how we get all of this as well as what we do with the byproducts from our actions.It is not just about keeping the Earth green and clean for woodland creatures: we must take care of the environment for our race to continue. Once humans deplete every resource on this planet, who is really going to suffer? Once we are gone, Earth will bring itself back. That deserves some respect. And if we want to stick around, we should start showing some of that respect right now.