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Culture War Roundup for the week of July 3, 2023

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The first circle of Hell is Limbo, and it is a place "of perfect natural felicity". That is, it is our world when all the bad things are solved - war, sickness, poverty, greed and so on. But it is without hope. It is deprived of the supernatural, of the vision of God which is what the enjoyment of the saved and blessed consists of.

It is true that the Church has softened on Limbo and really you never hear of it anymore today. But it was never formally a doctrine (something that has to be believed); rather, it was grappling with the problems of justice and mercy; if infants die before they can be baptised, how can they be condemned to Hell? What about the virtuous pagans and those who never got the chance to hear of God?

On the other hand, if you can be saved just by living a good life, then there was no need for the Incarnation and, crucially, the Crucifixion. If you can be saved without believing in Christ, without ever hearing of Him, then what does that mean for the Great Commission?

So Limbo was a technical solution: a human paradise (for the righteous but unsaved) without the supernatural.

Which is why Limbo, in the Divine Comedy, is on the outskirts of Hell and is a place of sadness, even though there is no pain or sickness or the rest of our earthly woes there. They can never enjoy the bliss of the Divine Vision. And why Purgatory, even though the souls there (by one reading) suffer pains as grievous as the damned in Hell, is a place of hope - because it is where the saved work off the earthly penalties for sin, before they go to Heaven (and it's not a matter of "second chance" or 'earning a place in Heaven' - the souls in Purgatory are already saved).

C.S. Lewis had a somewhat different take on it in his The Pilgrim's Regress, but he too took the view: a place not of suffering, except the suffering of being without hope.

I've often thought about the contrast here - we on earth want an earthly paradise, no more tears or grief or loss, Fully Automated Luxury Gay Space Communism. And the Church says "yes, you can have that - but it's in the map of Hell, not of Heaven. You can have the secular ideal, but never the supernatural one."

And some people probably would be very happy with that bargain. I never watched The Good Place, but a while back there it was all over social media. And my understanding - SPOILERS - is that in the end, after uncounted millennia of perfect happiness, the characters finally choose non-existence because they've had it all. The writers seem to have presented that as the most desirable end, and not true eternity. But I think it's interesting that even there, the same message is in the water: without the supernatural, purely natural felicity will eventually pall and satiate.

I read an excellent review dissecting the rather bankrupt worldview underpinning The Good Place somewhere, but can't really recall where that was. It might even have been the Motte.

is that in the end, after uncounted millennia of perfect happiness, the characters finally choose non-existence because they've had it all. The writers seem to have presented that as the most desirable end, and not true eternity. But I think it's interesting that even there, the same message is in the water: without the supernatural, purely natural felicity will eventually pall and satiate.

It absolutely makes me seethe when I imagine people being given the gift of immortality (or merely a very long and indefinite lifespan, like we're talking astronomical figures here) be such utter nonces about it, and succumb so quickly to boredom and ennui.

A modern human living say, 80 years or so is nowhere near done trawling the vast expanse of interesting environments, ideas, people or concepts that even our limited baseline human minds can experience. The reason most people today might possibly lose the will to live is their bodies failing them, such that they can't actually get out there and do more of it without it being infeasibly difficult or painful.

I fully support the right of any sane sapient entity to self-terminate for any reason it chooses (without classifying the desire for suicide as insanity itself), but even then I can only groan at the sheer lack of vision or imagination that involves.

Mere millennia are grossly insufficient to do or feel all the things worth sticking around for, and humans consistently expand that space faster than we can consume it already. As evidence, go find the last person who read every book worth reading, it's certainly centuries ago, and maybe half a millennia.

To them I say:

How dare you get bored when you have everything you need, when billions of your ancestors fought hard against the cold to bring Utopia to you? You ungrateful fucks, if you haven't outlived a few stars, what makes you so old and world-weary that you'd rather end it all?

And even if you have, and after about 20 billion years your brain has cycled through every possible interesting thought and emotion available to grey matter (or a simulation of it) constrained to 20 watts and the volume of a cranium, have you even considered expanding your horizons and augmenting your consciousness so you can find new and amazing exercises to do?

A human being has exponentially more pleasant (or at least interesting) experiences and thoughts at their disposal compared to a chimp, and the larger your brain equivalent, the faster the combinatorial equations explode.

Try upping a couple hundred IQ points or petaflops of computational power and then try again you weakling.

Fine, your computational substrate has exceeded the size and mass limits that make it inevitably collapse into a blackhole? And your cumulative lifespan needs to be expressed in Knut Arrow notation? You get a hall pass to off yourself knowing you've known everything to know and seen it all. Don't talk to me till you're there, because I'd kill to be.

Even the latter belongs to the unlikely scenario where humanity solves everything, including infinite energy and resources. You're not going to get there in practice with merely all the matter and energy in the observable universe.

And mere boredom has technological solutions, I'd happily undergo a procedure that could erase it if I was convinced that it was outright counterproductive. Or I'd erase my memories and start again, anything but consigning to oblivion this infinitely lucky instance of sapience that was fished out from the endless ocean of All Possible Minds to enjoy its day in the sun.

The writers of The Good Place are small minded scum crying sour grapes at a prospect they'd be far too lucky to actually experience. I'd even deny it to them on principal if I was feeling mean.

Quite right. How can all these authors diss immortality? They've never even tried it! Nobody's tried it.

Our revealed preference is to spend enormous amounts of time and effort extending our lifespans in the health sector, despite rapidly diminishing returns in quality of life. Our revealed preference (or at least the revealed preference of governments and thought leaders) was to make considerable sacrifices during COVID lest a few years be shaved off the lifespans of geriatrics and the obese.

It's hypocritical to be so contemptuous of immortality when we go to such huge effort for far lesser fruits.

Likewise, it would be great if we could 100x or 1000x the population. More people means more and better artistic output. I know I'm preaching to the choir with you but there's a fairly large cult of 'growth must slow' when it's the opposite that we need. There's a great deal of unused real estate on Earth - tundra, deep ocean, desert, ice and massively more in the rest of the Solar System.

By all means, preach to the choir, they're going to be in attendance by default haha.

It does deeply reassure me that that people like you exist, who I consider fundamentally sane in a manner that makes me willing to tolerate a great deal of discord in other fundamental values when we see eye to eye on the really big ones (not that I'm aware of such differences!)

Decrying immortality is the epitome of luxury beliefs, since nobody really has a glaring example of it that can be shoved in their face. I'd like to see their hypocritical walkbacks when they begin to argue that no, it's different this time, and we didn't actually mean to dunk on immortality now that it's on sale.

I like what you mean by fundamentally sane, it fits a concept I've been thinking about but couldn't articulate. There are a lot of people who have bizarre ideas about what could be possible visions of the future. I recall an exchange on twitter. Someone like Roko or Alexander Kruel was saying 'oh we could easily fit a trillion people on Earth based on these technical factors' and one of the trad-rightists said something like 'so what, that has nothing to do with the good life, they aren't needed to be squires or knights in the small bands of bodybuilders roaming across the American plains on horseback'.

On the left there are those EcoSophia declining-efficiency of energy production people who think peak oil will eventually result in civilization collapsing down to mid 19th century level forever and that this is a good thing, since it'll reduce human arrogance and get us more in touch with the environment. I particularly dislike the psychoanalytic tone they take, saying that nuclear power and so on is a cope that people clutch to so they can hold onto their preferred incarnation of decadent modernity. The figures don't bear that out.

Now there are all kinds of formidable technical and socio-political problems in achieving our vision of the good life, sovereignty amongst posthumans. I think it's a very long shot, that there are competitive pressures that lead to autocracy or monopoly of a very few. Yet we can't turn back now and play Cowboys and Indians or Trad Farmers. There is no going back, no unilateral disarmament of industry, wealth and power. Much as I might prefer that AI development be paused for many decades so that we can upgrade ourselves steadily and establish a solid political/technical/social foundation, I recognize that it's not practical to hold back, competition won't allow it.

The bodybuilders on horseback would get pummelled by riflemen circa 1870, let alone the drone swarms of 2070. If their vision of the future doesn't include massively more technology than we have now, they're going to get crushed. Likewise with immortality and massive cognitive enhancements. If they're even on offer, we're doing well.

On the left there are those EcoSophia declining-efficiency of energy production people who think peak oil will eventually result in civilization collapsing down to mid 19th century level forever and that this is a good thing, since it'll reduce human arrogance and get us more in touch with the environment.

As one of the people who most commonly link to Ecosophia on this site, I don't believe you have an accurate understanding of the claims being made. The first reason is your placing of Ecosophia on the left - where exactly on the left does pro-Trump Burkean conservatism lie? Your post here isn't just counter to what JMG actually believes but I believe it contains a misreading that he was complaining about having to clear up back in 2011, specifically the idea that the collapse will be sudden or immediately noticeable, like a sharp fall off a cliff which leaves us back in the 19th century forever (though I freely admit I may be misinterpreting you here).

The same gap in perception afflicts most current efforts to make sense of the future looming up ahead of us. Ever since my original paper on catabolic collapse first found its way onto the internet, I’ve fielded questions fairly regularly from people who want to know whether I think some current or imminent crisis will tip industrial society over into catabolic collapse in some unmistakably catastrophic way. It’s a fair question, but it’s based on a fundamental misreading both of the concept of catabolic collapse and of our present place in the long cycles of rise and fall that define the history of civilizations.

...

That’s catabolic collapse. It’s not quite as straightforward as it sounds, because each burst of catabolism on the way down does lower maintenance costs significantly, and can also free up resources for other uses. The usual result is the stairstep sequence of decline that’s traced by the history of so many declining civilizations—half a century of crisis and disintegration, say, followed by several decades of relative stability and partial recovery, and then a return to crisis; rinse and repeat, and you’ve got the process that turned the Forum of imperial Rome into an early medieval sheep pasture.

https://www.resilience.org/stories/2011-01-20/onset-catabolic-collapse/

JMG has not been talking about the coming zombie apocalypse where a giant cataclysm completely and dramatically upends the existing order of things - the Long Descent lies outside the "apocalypse/star trek" dichotomy that's so prevalent in modern society. And on the topic of technology, here are some of his actual words on the subject.

Technology is a lagging indicator—it’s quite common for a civilization in terminal decline to push its technologies further than ever before, while its economy turns into a hollow shell propped up by fakery and graft, its political system grinds to a halt in bureaucratic paralysis and hopeless incompetence, and its grip on its outlying regions becomes increasingly fictitious. In every way that matters, modern civilization is more than a century into decline, drawing toward the end of one of the eras of relative stability that reliably punctuate the downslope of history.

https://unherd.com/2022/03/we-are-the-authors-of-our-decline/

Look at what happened to the technology of past civilisations that ended up collapsing. Some Roman architecture still stands to this day, and plenty of the advancements that were made during the Empire were preserved and helped make sure that the dark ages afterwards were a bit more tolerable. The collapse of Rome didn't leave humanity doomed to pre-Roman technology for all time, and the collapse of modern Western civilisation won't do the same either. It's highly likely that bicycles and a lot of the other technology we've developed will be used well into the future, assuming that those skills and ideas are preserved through the decline.

More importantly, the collapse that JMG has been writing about for the last two decades isn't some far-off "eventually" - it is happening now, right outside our windows. In huge swathes of the US you can just look outside and see exactly what he's talking about. To wit:

The decline and fall of a civilization is not a fast process. Neither is the twilight of an empire, the restructuring of a planet’s climate, or the exhaustion of that same planet’s once-extensive fossil fuel reserves. All of these happen over a scale of multiple lifetimes, and they also happen unevenly. Just as the movement of the tides is obscured in the short term by the ebb and flow of waves, the fall of a civilization is obscured by the ordinary vagaries of politics, economics, and culture. Only now and then, when several crises pile up together and disrupt the ordinary rhythms of business as usual, does it become possible to gauge just how far down the slope we’ve already come.

That is to say, the reality of decline becomes most visible in times like the present.

Look around you, dear reader, as you go about your daily life, and compare what you see now to what you saw a decade or two ago, or longer if your memory reaches that far. Here in the United States, it’s been more than two years since grocery stores have reliably had fully stocked shelves; the same condition, all but unthinkable in the industrial world just a few years back, has spread to Britain and more recently to several European countries as well. If you live in or near a big city, compare how many homeless people there are now to how many there were in the past; compare the state of streets and sidewalks and infrastructure now to their condition in any earlier decade you care to name. Consider the impact of product debasement and the general crapification of the conditions of your life. Notice what civil rights you can actually exercise, as distinct from those you have in some theoretical sense. Notice the general texture of life.

Do I need to state the obvious? This is what decline looks like.

The collapse of Rome was not evenly and equally distributed - the Byzantines kept on going for quite some time, and it is highly likely that parts of the modern west will do the same. On that note, you've also missed one of the other central points of his hypothesis - that another civilisation will eventually be born on the other side of the dark ages we're headed towards. The fall or collapse of a civilisation is not a permanent end to human history, but another iteration of a process that we have an increasingly accurate understanding of.

Your post here isn't just counter to what JMG actually believes but I believe it contains a misreading that he was complaining about having to clear up back in 2011, specifically the idea that the collapse will be sudden or immediately noticeable, like a sharp fall off a cliff which leaves us back in the 19th century forever (though I freely admit I may be misinterpreting you here).

I agree with you about what he predicts I think, it's just that it's hard to summarize a quasi-ideology in a single sentence. A lot is riding on the 'eventually' in my sentence. I did read a couple of posts from him where he says 'no the collapse won't be sharp but a steady decline, perhaps accelerating at some points under various competitive pressures'. Also, is he not on the left? I thought the whole 'archdruid' thing and a fairly anti-capitalist tint shone through his work, along with the ecological emphasis. Maybe left-right isn't so clear with these unusual ideologies. Also, since when was he pro-Trump? I never saw anything like that.

More importantly, the collapse that JMG has been writing about for the last two decades isn't some far-off "eventually" - it is happening now, right outside our windows.

This is just bad management of resources and bad politics. If the US decided to criminalize drug dealing as opposed to leaving these festering open-air drug markets... If the US and most of the West wasn't 'investing' in inefficient renewables as opposed to nuclear energy... If the US and West generally didn't decide to send our manufacturing base overseas to China...

Look at the actual predictions he made from the 2011 link:

The notion that America can drill its way out of crisis would be funny if the situation was not so serious; despite dizzyingly huge government subsidies and the best oil exploration and extraction technology on Earth, US oil production has been in decline since 1972.

That being the case, the question is simply when to place the first wave of catabolism in America – the point at which crises bring a temporary end to business as usual, access to real wealth becomes a much more challenging thing for a large fraction of the population, and significant amounts of the national infrastructure are abandoned or stripped for salvage. It’s not a difficult question to answer, either.

The date in question is 1974.

neither we nor Britain nor any other of our close allies has a big new petroleum reserve just waiting to be tapped, after all.

And then we had the fracking boom! US oil production reached a record high in 2019, contra Greer. Likewise with global oil production. COVID hit and then we had the war in Ukraine which have thrown things out of whack, yet these crises don't stem from energy problems, they stem from human stupidity in geopolitics and biomedical research. The West's leaders have been working around the clock to sabotage the fossil fuel industry, shut down pipelines like Keystone, ban exploration, shut down power plants, impose punitive taxes, engage in lawfare against coal mines.

On that note, you've also missed one of the other central points of his hypothesis - that another civilisation will eventually be born on the other side of the dark ages we're headed towards.

I said that civilization would collapse down to 19th century standards, I got the sense that he predicted permanent stagnation. Did he not deride all alternate energy sources, including nuclear, as cope? What is left to build back on if there's no fossil fuels, nuclear or anything? Hydro alone seems rather limited. You can definitely maintain civilizations with 19th century tech, use charcoal and so on. Yet technological civilizations like ours need more power IMO.

Anyway, my primary disagreement with him is that we are not short of energy. There's plenty of uranium and thorium if only we bother to use 50-year old, simple technologies like breeder reactors, if only we get rid of all the red tape that slows down construction. The state-sponsored sabotage of nuclear energy is staggering - see https://rootsofprogress.org/devanney-on-the-nuclear-flop

Likewise, sulphate aerosols could reverse climate change in a matter of years, if only we chose to deploy them.

Nuclear energy is actually cheaper than coal for electricity in technical terms, it's just that we choose to make it more expensive. More broadly, all the time we're finding new efficiencies, new sources of power, new ways to accelerate development. Fracking is just one example. Peak oil was supposed to come in 1974, 2006, then 2011, it still hasn't come and it won't mean anything more than 'peak whale oil' ever did when it does come, since we'll be onto gas, nuclear fission and fusion, or solar if it ever becomes economically viable. That is, provided our leaders are wise enough to do their jobs correctly, as opposed to flailing around like children. That's what was going on with Rome and Byzantium, their energy sources were stable but their leadership became incompetent.

I agree with you about what he predicts I think, it's just that it's hard to summarize a quasi-ideology in a single sentence. A lot is riding on the 'eventually' in my sentence. I did read a couple of posts from him where he says 'no the collapse won't be sharp but a steady decline, perhaps accelerating at some points under various competitive pressures'. Also, is he not on the left? I thought the whole 'archdruid' thing and a fairly anti-capitalist tint shone through his work, along with the ecological emphasis. Maybe left-right isn't so clear with these unusual ideologies. Also, since when was he pro-Trump? I never saw anything like that.

https://www.resilience.org/stories/2016-01-21/donald-trump-and-the-politics-of-resentment/

https://www.ecosophia.net/the-kek-wars-part-one-aristocracy-and-its-discontents/

I am honestly surprised that you have read his work at all if those are the conclusions you drew from it. His articles about Trump were some of his most popular and he wrote an entire book on the subject (a good read, in my opinion). Yes, he does care about the environment, but that's not really unexpected for Burkean conservatives and was in fact traditional for conservatism for a large portion of history. He quite literally has a Master Conserver certificate, and Conservation and Conservatism both share a root word after all.

This is just bad management of resources and bad politics. If the US decided to criminalize drug dealing as opposed to leaving these festering open-air drug markets... If the US and most of the West wasn't 'investing' in inefficient renewables as opposed to nuclear energy... If the US and West generally didn't decide to send our manufacturing base overseas to China...

"If the US decided" - how exactly is that going to happen? The political deadlock and inability of the state to solve these problems ARE collapse! Yes, the US government could just decide to turn around and fix a lot of the problems that society is facing, but this is like saying alcoholism is easy to fix - after all, one just needs to stop drinking and the problem is gone. There's a galaxy of competing interests and power-politics that get in the way of actually resolving the hard problems that face complex societies, and this gridlock is one of the common features of declining empires.

And then we had the fracking boom! US oil production reached a record high in 2019, contra Greer. Likewise with global oil production.

Allow me to quote the man himself on the topic:

Then, just as in the 1970s, a flurry of short-term fixes temporarily flooded the market with cheap petroleum and drove prices down again for a while. Those fixes didn’t involve any of the new energy sources that had been brandished around. They involved taking a well-known oil extraction technology called hydrofracturing (“fracking”), using it on well-known shale reserves that weren’t economical to drill and pump, and having the US government cover the costs by printing money at a reckless pace and funneling it to the fracking industry by way of a flurry of dubious financial gimmicks. (That orgy of money-printing is a large part of why we have runaway inflation now, in case you were wondering.) That was never going to be more than a temporary gimmick, and it lasted only a dozen years: the price of oil was already skyrocketing again before the Russo-Ukraine war broke out. The next stage—well, we’ll get to that in a bit.

Fracking isn't a new technology - when Greer spoke about and evaluated his predictions, he mentioned that he didn't expect the flurry of financial gimmicks that ended up allowing the fracking boom to take place. That said I don't have a citation for this one, and I can't find the evaluation he did because it is on his older, archived blog.

I said that civilization would collapse down to 19th century standards, I got the sense that he predicted permanent stagnation. Did he not deride all alternate energy sources, including nuclear, as cope?

He did not predict permanent stagnation at all - and in fact he even points out that the ragged curve of decline will include periods of recovery and prosperity as society is forced to reduce energy expenditures. As for deriding nuclear, yes he did... and while I would very much like him to be wrong, I haven't seen any evidence that he is.

The first of the nonsolutions I have in mind was that endlessly rewarmed casserole of twentieth-century fantasies, nuclear power. A few centuries from now, when some future equivalent of Rev. Charles Mackay pens a new version of that durable classic Extraordinary Popular Delusions and the Madness of Crowds, industrial society’s obsession with nuclear power will rank high among the exhibits. No matter how many times nuclear power plants turn out to be unaffordable without gargantuan government subsidies, some people remain fixated on the notion that some future iteration of nuclear power will finally fulfill the Eisenhower-era delusion of energy too cheap to meter. If one nuclear technology fails, we hear, surely the next one will succeed, or the one after that. It never sinks in that every nuclear technology looks cheap, clean, and reliable until it’s built.

There are good reasons why this should be so. At the heart of our energy conundrum is the neglected reality of net energy—that is to say, how much energy you get out after you subtract all the energy you have to put in. Nuclear fission looks great as long as you don’t think about net energy. True believers gaze on the fuel pellets that provide the energy behind nuclear power and say, “All that energy in so tiny a space!”

What they never seem to notice is that fuel pellets as such don’t occur in nature. They have to be manufactured from one of a small handful of fissionable metals, which can be found only in very, very diffuse form in mineral ores. Behind each of those fuel pellets, in other words, is a gigantic heap of mine tailings, which have to be dug from the ground and subjected to a whole series of processes to get the fissionable material out. All this takes energy—huge amounts of energy. Then, of course, you have to build, maintain, and decommission the nuclear power plant, which also takes a whale of a lot of energy, and the radioactive waste also has to be dealt with, taking more energy still. All this has to be subtracted from the output, for the same reason that a bookkeeper has to subtract expenses from income to determine the profit.

Net energy calculations are fiendishly difficult, since you have to factor in every energy input into every stage of the process, from the raw ore in the ground, raw materials not yet turned into a power plant, and so on. Fortunately there’s a convenient proxy measure, which is the price set by the market. It’s a source of wry amusement to me that so many of the cheerleaders for nuclear power these days think of themselves as conservatives, insist that they favor the free market and oppose government intervention, and then turn around and back a power source that has been weighed repeatedly by the market and found wanting, and only remains in existence today because of gigantic government subsidies.

Nuclear power never pays for itself. That’s the hard lesson of the last three quarters of a century. The writing was already on the wall back in the 1960s, when the NS Savannah, the first nuclear-powered commercial freighter, was still in service. It was a technological success but an economic flop, which is why it was mothballed as soon as the subsidies ran out. The handful of other nuclear freighters that were built all met the same fate. You can use nuclear power to run naval vessels because navies don’t have to pay for themselves. Commercial shipping does—and on a much broader scale, of course, so does an industrial economy.

https://www.ecosophia.net/beyond-the-peak/

Show me the functioning nuclear power plant that generates energy in a sustainably profitable way (this includes taking waste handling into account) and I'll be overjoyed and freely admit that he was wrong. Oh, and remember that if you are trying to make a proposal for a future plant you can't just instantly vaporise the existing US government and replace them with a squad of enlightened technocrats - if you want to get rid of that regulation you have to explain how you're going to do that from within the confines of the current political system, and all the graft and corruption that entails.

What is left to build back on if there's no fossil fuels, nuclear or anything? Hydro alone seems rather limited. You can definitely maintain civilizations with 19th century tech, use charcoal and so on. Yet technological civilizations like ours need more power IMO.

The same renewable energy sources that powered every empire before the age of fossil fuel usage and extraction - the sun, human and animal muscle, hydro, wind and a few others. You're right when you say that technological civilizations like ours need more power - which means that when we no longer have that power, we no longer have the technological civilization like ours. Renewable energy is indeed unable to power an incredibly wasteful and environmentally ruinous society like our current one, but being unable to support modern society doesn't mean they're useless. Of course the problem is that in order to achieve a smooth transition to renewables the date we have to start making the change is, iirc, about 1974 - but while we've missed that boat, renewables will definitely play a part in the future.

My mistake, I found his look at fracking: https://www.ecosophia.net/a-sense-of-deja-vu/

The state of the fracking industry bears close examination here, not least because—as I’ve discussed in these essays rather more than once already—it’s one of the places where my predictions, like those of most other peak oil writers, turned out to be wrong. What misled us is easy enough to explain. There are very good reasons why extracting liquid fuels from shales by hydrofracturing is not an economically viable solution to the depletion of conventional petroleum reserves; that remains as true as it has ever been. What everyone in the peak oil scene missed was that this didn’t matter, because politics trumps economics.

Of all people, I should have caught onto this, because I was busy making the same argument in a different context. Longtime readers will recall the flurry of predictions that came out during the oil crisis of 2008-2009, insisting that the global economy was about to grind to a halt, leaving seven billion people to starve. I pointed out then that those predictions all assumed that the only response governments would have to a catastrophic market crisis was to sit on their hands saying in plaintive tones, “Whatever shall we do?” If the global economy had ground to a halt—as of course it never did—the political authorities could have intervened in dozens of effective ways, as they had done in plenty of economic crises over the previous century.

And of course that’s exactly the logic that drove the fracking boom. It’s quite true that extracting liquid fuels from shales by hydrofracturing is a miserably poor option in economic terms, and also in terms of net energy—that’s the equivalent in energy terms of profit, how much energy you have left after you subtract all the energy you had to consume to get it. From the standpoint of short term politics, which is the only kind of politics that matters in America today, those points were entirely irrelevant. All that mattered was that fracking could boost liquid fuel production for a few years and stave off a financial and political crisis, and so gimmicks were found to provide effectively unlimited credit to the fracking industry. If you can borrow as much money as you want and can just keep on rolling over the debts, anything is affordable.

So does that mean that the problem is solved, and no oil crisis will ever again rise up like the Shadow in Tolkien’s fantasies? Of course not. Just as the North Slope and North Sea oilfields depleted steadily once extraction began in earnest, US oil shale reserves are being depleted steadily. Oil is a finite resource, and the faster you pump it, the sooner it runs out. Gandalf had it right: “Always, after a defeat and a respite, the Shadow takes another shape and grows again”—and the ragged upward movements in the price of oil over the last few years is one of the warning signs that the current respite is drawing to a close.