[lbo-talk] Kevin Phillips: declinist

Charles Brown cbrown at michiganlegal.org
Mon Mar 20 11:26:53 PST 2006


Jim Devine: did anyone say that "the market" was "trustworthy for solving" [allegedly peaking oil]?

^^^^^ CB: They didn't say precisely "the market is trustworthy for solving " it. I don't attrbute this claim to Steven Robinson , but he referred to "some" who think this. Steven Robinson said in the post to which I was responding:

"That is the BIG question. Some (including many socialists) would argue that an alternative will emerge only when the cost of oil makes other energy sources economically viable - in other word, the 'free market will work its magic.' "

Claiming that the alternative will emerge when the free market works its magic is synonymous with thinking that the market is trustworthy for solving it.



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