Fossil Energy: Hidden Costs Threaten America’s Future

As civilization evolves, and science advances, and democracy effects positive change in favor of human dignity and freedom, one paradigm replaces another, and we become better at managing the problems that threaten to destabilize the human environment. There was a time when authority could use command and control to maintain order, for a time, but in our democratic and informational age, that paradigm is as primitive and unworkable as it is unjust, and our problems demand subtler, more values-infused solutions.

As the subtitle of a recent Economist report on closed industries in Italy says it, “Cartels that make life cushy for insiders exact a heavy toll on everyone else”. There is no real way around this: to profit from doing business well and providing excellent quality of manufacture and service is one thing; to pad one’s profits by coordinating market strategies with close competitors that join with one to form an exclusive cartel, boxing out the influence of stakeholders is quite another.

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