Veille 2.1

In a previous post, I defined this graph as “the most amazing graph of the 21st century.” It shows how the US oil production restarted growing in 2010, picking up speed and surpassing the historical record of the “Hubbert Peak,” which took place in 1970. It overcame the dip caused by the Covid pandemic and, two years after my first post on this subject, it keeps growing.

You would think that we have more than sufficient troubles caused by global warming, pollution, resource depletion, biodiversity loss, ecosystem disruption and a few more. But there is a problem that’s not directly related to the natural world, but by a purely human construction: the financial market. Here is a discussion by Ian Schindler — maître de conference émérite (emeritus professor of mathematics) at the University of Toulouse 1, France, who proposes that we are close to a financial collapse.

A post for the anniversary of the execution of Sophie Scholl by the German Nazis in 1943

The new version of the “Seneca Effect” blog on Substack is doing reasonably well, so I thought it was time to prepare a page that explains what the Seneca Effect is and what it can teach us. (image by Dall-E) During the 1st Century AD, the Roman philosopher Lucius Annaeus Seneca observed the start of the disintegration of the Roman Empire. It was a process that would take a few more centuries to complete, but that was already evident to those who were willing to look beyond the surface of the still powerful Empire.

Years ago, James Schlesinger noted that human beings have only two operational modes: complacency and panic. It is an observation that rings true and that we can generalize in terms of groups: some humans are catastrophists, and some are cornucopians. I tend to side with the catastrophists, to the point that I created the term "Seneca Effect" or "Seneca Cliff" to define the rapid decline that comes after that growth stops. Indeed, catastrophes are a common occurrence in human history, but it is also true that sometimes (rarely) a catastrophic decline can be reversed: I termed this effect the "Seneca Rebound." 

We have reviewed the first two chapters of the new book Limits and Beyond. The reviews can be found at The Yawning Gap (Chapter 1) and No More Growth (Chapter 2). In this post we take a look at the third chapter, written by Dennis Meadows, a co-author of the original Limits to Growth. Dr. Meadows reports that he has delivered over a thousand speeches to a very wide variety of audiences. In this chapter the author summarizes “19 of the most common questions, comments and objections” that he has received over the years. Some of his insights are as follows:

The book Limits and Beyond, edited by Ugo Bardi and Carlos Alwarez Pereira, provides a 50th anniversary review of the seminal report Limits to Growth (LtG). The following is from the back cover of the book. 50 years ago the Club of Rome commissioned a report: Limits to Growth. They told us that, on our current path, we are heading for collapse in the first half of the 21st century. This book, published in the year 2022, reviews what has happened in the intervening time period. It asks three basic questions:

What could bring down the industrial civilization? Would it be global warming (fire) or resource depletion (ice)? At present, it may well be that depletion is hitting us faster. But, in the long run, global warming may hit us much harder. Maybe the fall of our civilization will be Fire AND ice.

Freshwater is a fundamental resource in our world, even more than crude oil. Without freshwater, it would be impossible to maintain the current agricultural production that manages to feed nearly 8 billion human beings. Most of the world's agriculture, nowadays, is based on irrigation. It means that production depends on water that has been stored somewhere, naturally or artificially. And once you start depending on a limited stock of resources, you face a problem. Even renewable, if you exploit it faster than it renews itself, you will eventually run out of it. It is the phenomenon called "overexploitation"

Don't you stumble, sometimes, into something that seems to make a lot of sense, but you can't say exactly why? For a long time, I had in mind the idea that when things start going bad, they tend to go bad fast. We might call this tendency the "Seneca effect" or the "Seneca cliff," from Lucius Annaeus Seneca who wrote that "increases are of sluggish growth, but the way to ruin is rapid."