Re: Time of Oil (Hubbert's peak)

[Yoshie Furuhashi <furuhashi.1@xxxxxxx>]

> Yoshie Furuhashi wrote:
>
> > It's fascinating that the concept of time is missing in all the
> > PEN-l discussions of oil, except in Tom's postings.
>
> At 6:47 PM -0400 6/1/04, Doug Henwood wrote:
> > Someday we may run out of oil, but I suspect we'll choke ourselves or
> > ruin the climate completely before we do.
>
> At 4:41 PM -0400 6/2/04, Doug Henwood wrote:
> > So do you think we'll "run out" of oil - in the economic, not
> > physical sense - before we choke on the smoke and CO2?
>
> "Before" is a time-related concept, no?
>
> Doug

Yeah, but saying "before we choke on the smoke and CO2" and saying
"before we exhaust all known oil reserves" both have the same
End-Time status in discussion of time -- which is to say, irrelevant.

Marx and Keynes' innovations concern the introduction of secular time
-- time of production, time of circulation, time of consumption, and
perilous dependence of each on the others -- to political economy.
--
Yoshie

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