[lbo-talk] clocks, stopped and moving

Doug Henwood dhenwood at panix.com
Wed Dec 17 12:12:24 PST 2008


On Dec 17, 2008, at 3:03 PM, Shane Mage wrote:


> Yes it could launch, if not a "boom," a new secular upswing
> (Kondratiev Wave). If its done right. But it won't be. Not with
> Obama committed to corn-ethanol, more drilling, nuclear power,
> "clean" coal (all representing diversion of the real resources that
> would be indispensable for that sort of green-energy program) and
> with any form of a carbon tax off the table. For a technological
> and structural revolution in the energy economy--nothing less would
> do the job--total fiscal commitment and rigorous economic planning
> are the starting gate. That just ain't where Obama is going.

Maybe. Maybe not. We just don't know. Well, I guess you do, but I don't.

Doug



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