Kunstler: The religion of the Futility Economy is Techno-Triumphalism

SHOOT: The currency of our time, which will be remembered with gnashing of teeth, is common, massive, widespread delusion.

clipped from kunstler.com The Master Wish around the country, including among people who ought to know better, is that we can "solve" our economic problem by finding some other way to run all the cars. Even hardcore environmentalists yammer incessantly about hybrid and "plug-in" cars as the "solution" to our blues. One of Barack Obama's first acts as president was to "save" the giant car companies. This is exactly the kind of signature behavior of a Futility Economy. It's based on the idea that we have to continue driving cars all the time and for everything, at all costs The religion of the Futility Economy is Techno-Triumphalism, which is the belief that an endless sequence of magic tricks performed by shaman scientists can defeat the Second Law of Thermodynamics, which rules the universe -- which true scientists ought to know cannot be defeated. Their colleagues, the shaman economists believe in parallel magic tricks, such as the idea that increased borrowing can "solve" a problem of runaway over-indebtedness