Saturday, January 07, 2006

The Hubbert Industrial Peak: When Countries Lose Relative Power, Wars Result


By Elaine Meinel Supkis

Professor Kennedy's "Rise and Fall of the Great Powers" is a seminal work on relative power relationships, the Industrial/military revolutions and the outbreak of vast wars. Today's news is all about American delusions of relative power as we lose our industrial base and fall into debt to other industrial giants. I call this process "the Hubbert Industrial Peak" and we are falling rapidly away from our own peak already.
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