>the free market can solve this
Americans and Europeans deserve it. You don't.
>>79883365
And I'm actually Belgian. (Just in vacation here)
>>79883365
>let's divide and conquer
lmao
resources aren't infinite.
they will end soon.
>>79883083
>implying the market hasn't already priced for such things accordingly
https://en.wikipedia.org/wiki/Efficient-market_hypothesis
>>79883607
the only real solution is space mining, but nobody gives a fuck about space.
you seem to forget this surely will end capitalism if resources are scarce.
>>79883965
We mad max soon
were going to space.
#Theunitedearthofspace2020
http://www.planetaryresources.com/asteroids/#asteroids-market-opportunity
>>79883083
What about crude oil?
>>79883965
Capitalism relies on scarcity. The impetus to mine space will be when the materials worth mining get expensive enough.
The replacements for the materials will be made when developing alternatives can be justified for the profit made after R+D.
You don't think a command economy would actually fix this right? They'd simply stall out the market rationing the materials, and we'd have the exact same collapse as if we had run out.
>>79884289
I'll be honest, capitalism will end.
It will be end by some totalitarian global socialism, resources wont be wasted on dumb jersey shore garbage.
>>79884345
this could be a solution if prices can afford that.
>>79884641
peak oil was in 2015.
expect massive oil prices from now, soon we'll get back to more than 100 dollars per barrel.
expect massive upheavals in 2020 when people realize what's happening.
>>79884850
capitalism reallies on economic freedom, there wont be economic freedom.
resources wont be allowed to be wasted on dumb ideas.
>>79883083
your stupid. this is like the oil running out. easily obtainable oil that literally squirts out of the ground when you drill into it probably will become very rare in the future but shale oil and under sea oil will last for centuries and by then technology will make it obsolete.
every resource can be replaced by technology and as rarity increases higher prices will reduce demand and incentivize seeking alternatives (free market will fix it).
liberals are so fucking stupid.
>>79885014
And the machine will bleed to death, Like Venesuela.
An alternative you cannot enact is not a threat; Capitalism is the only option, because it is the lowest energy form of market. No other forms can compete, and the only direction it can flow is towards more free market without significant excess of political or financial capital.
You know, like when you finish your revolt and strip everything out of the upper class. Buys you a decade to miss the good old days when there was bread in stores.
>>79885377
>he fell for the shale oil meme
lmao blue pilled retard.
sea oil is politically dead by now.
>80-90% of the oil is produced in 24 months
>all the good positions are now depleted
>can only be sustained if oil is more than 150 per barrel
>billions of damages to road and bridges
>extreme toxic metals get evaporated into the air
>destruction of the enviroment
>it gets leaked into the water supply
>deplete near towns of their water supply
lmao, almost as retarded as biodiesel.
>>79885676
cool, I believe in the free market.
but capitalism is already dead since the 80's and finally died in 2008.
update your memes.
>>79885851
Citation needed bucko. Unless you're addressing productivity vs wage or barrier to entry, both of which are caused by command-type modifications to the free market.
>>79885851
if your saying the price of oil will rise, well, yeah, no shit. the price will rise making demand fall and offering a higher incentive to replace oil, say with synthetic oils for manufacturing materials and "green" energy or nuclear energy for everything else. the free market will do this far quicker and more efficiently than any moronic politician giving tax payer's money to some shitty corporation that will fail because it doesn't have to compete in the market and has no incentive to succeed.
sea oil drilling will happen when the price rises to justify doing it or when technology makes it cheap enough to compete with other sources, same with shale and other techniques. learn to economy.
>but capitalism is already dead since the 80's and finally died in 2008.
wew lad. that's rich. tell me, when did centralized and controlled economies work better than a free market?
>>79886143
I'm addressing the concept of post capitalism, like wikipedia.
Information technology is destroying the core values of capitalism.
An economic model of the XV century can't not longer exist (or will have to change) when there's shit like acknoleging that resources are finite.
Look up any of google talks on post capitalism.
Technology advance will drive shit like 3D printing.
Also there's more concern in people's mind about the enviroment destruction.
There's simply too many factors againts an economic model that was the sucessor to feudalism.
We need to device something better, as most socialist and marxist claim.
I'm not a socialist BTW.
>>79883083
Yes, dont you know? Roads will no more be needed because the free market will give us jetpacks running on feelz and rainbows.
At the same time your local warlord... i mean private police will protect your property. For sure i tell you.
>>79886558
>he thinks the only alternative is socialism or communism
lmao kid.
blue pilled as fuck.
look up post capitalism talks on google.
It will be more like bitcoin shit or open source infraestructure and p2p networks.
>>79885377
What does this have to do with liberals?
Technology can not create energy or replace resources. It can only help us exploit what is already there.
The free market would drastically reduce the world's population, and make things more efficient.
So yeah, it would solve it.
>>79883083
Want a fix? Stop inviting every single 3rd worlder to the west. Our populations and sustainable levels can't handle this. Our civilisations are going to collapse because no one wanted to be a big nasty racist.
This was a problem that would have fixed itself in the 60s/70s when our own populations started to drop to more reasonable levels. But we've artificially propped it up and it's going to fail, thank God. But it will be too late for the westerners by then
>>79886816
>socialism or communism
I never said socialism or communism you fucking moron. learn to read.
>centralized and controlled economies
>socialism
wew, you sure are stupid.
>An economic model of the XV century can't not longer exist
unless you meant that double negative your wrong. capitalism is perfect for industrialized economies. for technology economies like our own you can make arguments for a more controlled economy at the expense of individual freedom and wealth in order to achieve social goals like regulating pollution or providing a social safety net but that is a matter of opinion and moral values, not a matter of objective fact.
>>79883083
What is recycling and what are sub-economic reserves:-
-For a resource there is an amount we know exists and an amount that we can make money off of extracting and selling. There is also an amount we know exists but at the moment it is not profitable to extract, if prices change or costs go down sub economic reserves can become economic and vice versa.
-There is a lot of undiscovered reserves too, and out of that some if found would be economic or not economic.
Only extremely rare resources can be considered to be in danger of running out like Niobium but there are some countries with large amounts that can supply the entire worlds demand.
Anyway free markets can solve this by price changes making sub-economic reserves economic and by making exploration for new reserves more profitable.
>>79883539
then someone will find a solution when the cost for the resources becomes too high
>>79887081
>expecting people to lie down and starve to death en masse because the free market calls for it
>not realizing 99% of the population will engage in a massive chimpout when they see the rich continue to live it up while they have to starve to death
why are libertarians so autistic?
>>79886876
>Technology can not create energy or replace resources
>can not create energy
all sources of modern energy are technological creations, aside from using animals for move objects. gas, wind, nuclear, all came from technology and never existed before.
>replace resources
do you use a lot of paper these days? do you use a lot of whale oil to burn so you can see at night? do you spend 60% of your day tending you fields and livestock so you won't starve this winter? no? that's odd, I guess technology has replaced those once necessary resources.
>>79887191
>Want a fix? Stop inviting every single 3rd worlder to the west.
3rd worlders are the polar opposite of the problem when it comes to what the OP image is showing.
People in the west unable to live within their means and who demand everything on earth be available to them at all times are more to blame for resource consumption than anyone else. You don't need 500 different types of shitty spatulas made in China to be available to you at wal mart.
>>79887081
the solution is space mining, but the time is runing out.
>>79887269
my point is that capitalism will be replaced by an enviromentalism model focused on sutainability and 0 growth.
if you mean the free market, I think it wont dissapear.
current model of crony capitalism is not longer moraly, politically or even economically viable.
>>79887507
we can only hope for space mining.
>>79887579
this, thirld worlders not even consume 25% of world resources.
america is literally wasting oil and natural resources to live.
>>79887579
When 3rd worlders are living in Africa/Asia etc they aren't consuming as much resources. When they move to the west the consume far more here than back there.
>>79887191
no all animals achieve the maximum population for their environment will support then taper off naturally. there never exists a situation where population outgrows environment to the extent to which all of the members of the species starve. in places like africa the population is artificially inflated but it would return to naturally sustainable rates if not for misguided charity efforts.
>>79887813
don't blame refugees on this.
they're not even 10% of europe population.
>the free market couldn't fix it he said
>>79884850
Wrong. Capitalism relies on efficiency.
>>79887331
On the topic of the resources that could run out, they would only run out to countries that the selling country decides to embargo, and wouldn't run out in the producing countries for a long ass time if realistically ever.
>>79887858
africa has the lowest danger of starvation if oil prices star rising.
their agriculture is not dependant on oil, and it's more traditional.
first worlders are at bigger risk of social collapse than us.
>>79887950
Aye, but our populations have been in decline since the 70s. By now, in 45 years our populations would be a lot smaller but have been artificially propped up to unsustainable levels.
>>79887858
Thats exactly my point.
>>79887645
>crony capitalism
crony capitalism is antithetical to the free market so don't trash real free market capitalism just because america's totally non-free market sucks whenever the FED stops super inflating the currency to hide recessions.
>>79887191
This. Mexicans are the leading cause of environmental degradation where I live.
THEY HAVE SO MANY GODDAMN KIDS.
>>79887645
You mean something like the Zeitgeist movement?
>this thread
>>79888150
niggers are the ones expecting to increase.
but even with that, the earth is 60% asians.
you will have to genocide asians first if you want to reduce population.
>>79888177
do you imply the current system in america and europe is real capitalism?
I didn't mean the original definition of capitalism, I mean the current global system will collapse if there's no cheap oil.
>>79888272
sure, there seem to be a global change that is more eco friendly.
capitalism will be replaced by a 0 growth system.
There isn't an economic system that can reconcile itself with infinite growth on a finite planet. There is no answer.
And if we exhaust the easy resources on Earth before attaining the sustainable ability to draw resources from the asteroid belt, or further, then we're eternally fucked and bound to this planet, in material squalor.
>>79888482
>do you imply the current system in america and europe is real capitalism?
no, I explicitly said the opposite:
>america's totally non-free market
>I mean the current global system will collapse if there's no cheap oil.
not true. oil prices have risen high enough to make american reserves economically viable and nothing collapsed. My state of north dakota went fucking gang busters when oil prices were over $60 a barrel and now the fields are totally shut down because the price dropped. they will start right back up when it goes back. it will take hundreds of years to deplete these currently unused reserves and by then robots will be able to drill in the ocean which is 70% of the world or green/nuclear energy will be widespread.
>>79883083
Silver isn't in catalytic converters, platinum is. This pic is already wrong.
>>79888988
I do agree technology can solve this problem.
But we need to start investing in more science rather than helping saudis engage in proxy wars and make terrorists attacks on western soil.
Will start researching more about space mining now.
>>79888482
>and bound to this planet
in 100 years we went from riding horses to going to the moon I don't think space colonization is very far off, maybe a few thousand years which isn't much time for a species at all. mammalian species typically last for a million years and we are only 1/10th in, tops.
>finite planet
we are no where near depleting any very vital resource and won't be for thousands of years. even if oil runs out humans wont become extinct.
>>79888482
>capitalism will be replaced by a 0 growth system.
human freedom is synonymous with economic freedom, people can be enslaved but it typically doesn't last long on a historical time scale.
>>79889334
>But we need to start investing in more science rather than helping saudis engage in proxy wars and make terrorists attacks on western soil.
I agree but I don't think the government has a place in investing for people. I don't think they are good at it. look at the green energy investments made by america in the past 8 years, most of which have failed.
>>79889464
one of the core beliefs of capitalism is infinite growth.
when capitalism was invented there was the belief finite resources were magically infinite.
this core belief is not longer true, you need to expend energy to make things.
I don't mean the concepts of freedom will disapear, I'm talking current system will collapse soon.
by current system I mean stuff like the shadow banking system and derivative bubbles.
>>79889624
It's still impressive how cheap oil is, even at 150 per barrel.
>>79887548
>gas, wind, nuclear, all came from technology and never existed before.
No. This doesn't even make sense.
> technology has replaced those once necessary resources.
No. Moving from one resource to another is not "replacing" a resource.
I think the problem here is that you operate with the belief that technology can allow us to move from one resource to another indefinitely, or eventually culminate in the exploitation of something so widely available (e.g. some carbon allotrope) that it is no longer necessary to be worried.
However, this is basically magical thinking and has no basis in reality. Extrapolating trends in technology can only take you so far. We still overwhelmingly use oil and coal for transport and electricity, even after 150 years. These resources have not been "replaced" yet, despite many efforts.
>>79890659
>No. This doesn't even make sense.
yes it does, stupid. before wind turbines there was no wind energy. before electricity there was no electrical energy from water turbines or coal burning. these forms of energy were invented and did not exist until then. this is a pretty simple concept, friend.
>No. Moving from one resource to another is not "replacing" a resource.
re·place
rəˈplās/
verb
1.
take the place of.
"Ian's smile was replaced by a frown"
wew lad, your on a roll, aren't you?
>use oil and coal for transport and electricity, even after 150 years.
150 years is such a small amount of time for technology, if you had any historical perspective at all you would understand that.
>despite many efforts.
at less then $50 a barrel you would be a fool to invest any real money in RnD for a replacement.
>I think the problem here is that you operate with the belief that technology can allow us to move from one resource to another indefinitely
as soon as space colonization happens resources will be unlimited compared to the life of our species which is limited by evolution (in 2 million years humans will be extinct like Neanderthals - they will have evolved.)
>>79883083
This is just such a bad meme chart it isn't even funny.
I was going to come up with a good response to this, but I really have nothing to take out this kind of stupidity.
Only things here that are actually running out are the radioactives, and those are (mostly) used as nuclear energy sources anyhow, and we're 15 years away from practical microfusion, which means power isn't even a problem anymore.
The rest of it is just plain stupid.
>>79889824
>by current system I mean stuff like the shadow banking system and derivative bubbles.
these are not capitalistic phenomena they are legislative phenomena caused by interventionist economic policy, i.e. the FED and banking lobbies.
you seem to be saying capitalism cannot last because controlled markets don't work. well your right in that controlled markets tend to fail but your wrong when you say that is capitalism. there are almost no free markets in the developed world at this time, hong kong is the only big example I know of. typically free markets exist after an economy industrializes and once the state becomes wealthy from it they introduce controls which cause problems. see Britain in the 1900s, see america in the 1800s, they did very well with free markets.
>>79891764
> these forms of energy were invented and did not exist until then
I will take you seriously once your learn how thermodynamics work.
>>79883083
The only thing I'm worried about is antibiotics "running out."
There's no "ore that's too poor to be mined profitably with current prices" in those.
Developing 'em is costly and once you have something, the chinks will copy it and start handing it out like candy, making it ineffective.
>>79892325
you are so fucking stupid man.
I don't mean to say that wind was invented you stupid, stupid idiot. the technology required to utilize the wind as a source of energy was invented.
I hope your being intentionally dense because if not I feel bad for you and your care taker.
>>79892568
>antibiotics
there are many many types of antibiotics not yet "discovered". also antibody therapies may make antibiotics obsolete eventually.
as soon as things get resistant to the point where out current antibiotics become ineffective massive amounts of money will be dumped into RnD which is too expensive to do without a guaranteed return on profit.
>>79888177
>so don't trash real free market capitalism
>IT'S NOT REAL FREE MARKET CAPITALISM!!!!!!!!
You guys are just like commies.
Leftists have been saying all Earth resources are about to end since the fucking 60s.
>>79883418
>a fucking damp rag
>>79892591
> the technology required to utilize the wind as a source of energy was invented.
>Technology can not create energy or replace resources. It can only help us exploit what is already there.
Which was my original point.
>>79892779
Aye, there's undiscovered ones. There's most likely other, more efficient treatments that bacteria won't develop immunities to.
The question is if they can be developed fast enough. Other antibiotics, sure, but they only help for a short while unless the free market changes the way they're used in India and other shithole countries as a means to prevent disease rather than cure it.
>>79892309
>these are not capitalistic phenomena
Yeah. it's a communist fenomena
>>79892862
>reel free market capitalism
>free market
>free
what don't you get about free? how can you say the free market doesn't work while pointing at a non free market? are you retarded?
Capitalism will solve it. Prices for increasingly rare commodities will rise.
The only countries that will suffer are those that impose price controls to prevent the markets from correcting against overuse of resources. What will happen to those countries? The same thing that always happens to ignorant socialists: massive shortages and poverty.
Concepts such as overpopulation and scarcity are the biggest myths on earth, and no country with a free market will ever have to suffer from believing in them, thankfully. Only the socialists will burn, as well they deserve.
>>79892928
>Resources are infinite
are you kidding me?
>>79893177
your arguing over semantics, technology can and will very likely enable us to harvest energy from many sources for as long as our species lasts.
>>79893341
Literally the same applies to fucking socialism and communism. Like i said, you guys are like socialists
>>79893422
>resources are infinite
>>79893497
Again, magical thinking.
>>79893463
nice straw man you got there
I doubt resources will be depleted in our lifetime. If it comes to lack of resources in the future, I'm sure someone will invest in an asteroid and rip it to shreds. I mean there's a damn platinum rich asteroid lurking in the solar system somewhere that's worth about 5 trillion of dollars alone.
https://www.rt.com/news/310170-platinum-asteroid-2011-uw-158/
>>79893463
>conservation of mass and energy isn't a thing
All "consumed" resources can be put back given enough effort, besides radioactives, and the shit that's fucked off into space for various reasons.
Max pop the planet can support doesn't change.
If we actually run into resource trouble we need to either
>A) research how to reclaim "consumed" resources
>B) kill excess population
We are 15 years from practical microfusion.
Power isn't a problem and will never be.
>>79893463
they are effectively infinite when you consider the mass available in outer-space.
technology also makes non renewable resources obsolete eventually.
>>79883083
>neo-malthusian bullshit
Yeah, no.
>>79893584
>iterally the same applies to fucking socialism and communism
the same what?
>Like i said, you guys are like socialists
if you mean the american economy then I agree, it is not a free market. It used to be, before 1900.
>>79893681
your just throwing out baseless assumptions. the historical trend has been one of an increasing supply of energy sources. how, for instance, will solar energy run out?
>>79893791
>We are 15 years from practical microfusion.
source?
>>79893813
>they are effectively infinite when you consider the mass available in outer-space.
Yeah, your mom is also hot when she as a bag in her head. But she doesnt. And we can't mine asteroids yet or in the foreseable future.
Oil is running out fast bro, we don't have that much time
>>79893584
>resources are infinite
I will repeat this one time before you confirm that you are not well-informed or well-studied enough in fields such as economics, history, or political economy to carry on this conversation. If your response fails to demonstrate comprehension, I will not be replying to you again.
Prices for increasingly rare commodities ("resources") will rise, meaning that people will not be able to afford to use them. Oil is a good example. As we run out of available oil, it will start to cost a lot of money to buy gas -- and I do men a LOT of money. People who are reliant on cars will have to find some other means of transportation. Alternatively, the cost-benefit analysis for electric cars may finally pay off at that point. The crux of the issue is that prices on the resource will rise, and demand for that resource will subsequently and necessarily fall.
The only countries that do not function in this manner are ones that impose price controls to force certain commodities (such as oil) to remain "affordable." These countries are incapable of fundamentally destroying the earth with their "demand". Instead, what will happen is that oil producers won't sell to them, and there will be massive shortages of oil in those countries without any of the cost incentives to replace it. And the sad part is that they will probably blame capitalism for their failure, as you are doing. See: Venezuela.
>>79894236
>source?
Lockheed martin.
http://www.defensenews.com/story/defense/innovation/2016/05/03/lockheed-nuclear-fusion-generator-investment/83870398/
Thank fuck for the military industrial complex.
>>79894067
That X country is not real socialism, then socialism should not be blamed for it's mistakes
>>79894236
Oil is not running out.
The easily reachable/extractable oil is.
Besides, we can replace oil with other stuff already. Like hydrogen, ethanol or plain batteries. Oil is just a hell of a lot cheaper currently.
>>79894321
>Prices for increasingly rare commodities ("resources") will rise, meaning that people will not be able to afford to use them. Oil is a good example. As we run out of available oil, it will start to cost a lot of money to buy gas -- and I do men a LOT of money. People who are reliant on cars will have to find some other means of transportation. Alternatively, the cost-benefit analysis for electric cars may finally pay off at that point. The crux of the issue is that prices on the resource will rise, and demand for that resource will subsequently and necessarily fall.
>Yeah, a oil based society will totally change to something based economy easily bro!!! It0s the free market
Do you even have any real life example of this happening?
>>79894352
Well, let's see if they are correct or they are just desperate for investors
can space mining bros give me some lecture over the economics of space mining?
>>79894236
>or in the foreseable future.
http://www.planetaryresources.com/#home-intro
https://deepspaceindustries.com/
https://en.wikipedia.org/wiki/Asteroid_mining#Ongoing_and_planned
think again.
oil will last for another 1000 years at least and that ignores advances in technology that reduce demand or increase availability of oil. just 200 years ago we didn't use oil at all for energy unless you count burning animal fat in lamps
>>79894597
>they are just desperate for investors
>biggest defense contractor in the nation
>desperate for investors
M8, they spend their time making deer frying electromagnetic force fields and microwave rays that were originally supposed to be a crowd control device but ended up just cooking people.
They have no money problems.
>>79894646
Here's the short version:
Possible in theory, but so fucking expensive with current technology that it isn't worth it.
Or did you want to know how it'd be done?
>>79894366
socialism is when a government controls the means of production, a free market is when the government does not restrict economic freedom.
socialism has been tries many times and has always failed. free markets have been very rare but always successful.
learn to economics.
>>79894646
check the wiki on space mining. has an economics section.
>>79883083
Lolbertarianism is based on the same Utopian handwaving that Communism is based on
>Dude, the Market/Planning will fix it! You don't need to worry about anything brah
>>79894067
>>79894067
I am not assuming anything. Solar energy will not run out, but our ability to harvest solar energy efficiently will diminish over time if we are not careful with our resources.
One does not simply take sand from a beach and produce a solar panel. Instead, you need an entire ecosystem of industries, many of which depend on oil and coal, to extract minerals from mines and manufacture the panels.
You see, that is the problem with most new sources of energy. They are tertiary. We don't take solar panels out of the ground like we do with oil.
I am not saying we are doomed, but the way things are going now is in the wrong direction, these new sources of energy do not close the loop without relying heavily on the crutch of fossil fuels.
>>79894879
I'm reading an asteroid could be worth 200 billions or more.
one of it has 150 times more the world supply of some rare metal.
>>79895150
One does simply take sand from a beach and shove it into a fusion reactor and get power though.
Well, sort of.
>>79894739
>WOW, so in 10 years probes will be sent as pioneers?!?!?!?!?!?!??!? It's like tomorrow space ncolonization is about to happen!!!!
>oil will last for another 1000 years at least
lol, any source?
>>79894794
>They have no money problems.
According to a anon on the internet
>>79894879
How long until major space mining operations?
>>79894321
"We'll never run out because it will be too expensive" is a very dumb way to state "the last barrel of crude oil will be on display in a trillionaire's museum" and doesn't actually say anything about the source of cheap energy other than *waves hands wildly* "other means."
Economics: the dismal science.
>>79883083
>figures do not take in account changes in demand or new technology
So your graph essentially claims that resources are finite, by ignoring the factors that prove they are not.
Resources are anything that is utilized by the market. Whale Oil is not a resource because it was replaced with petroleum. Also petroleum is a GROWING resource because we have found new ways to develop that resource. Fuel efficiency has reduced the demand for petroleum through innovation.
These are examples of substitution, price mechanics and proven reserves. They show that anyone who claims we are "running out"of resources is profoundly ignorant of economics.
>>79895016
>socialism is when a government controls the means of production
Wrong, can't even know your definitions. Socialism is when workers own the means of production.
>>79895102
>communism
>planing
lol
>>79895326
>According to a anon on the internet
Do your research m8, they're literally our biggest defense contractors.
You know how much we spend on them per year?
They have access to area 51 for fucks sake, that's where the SR-71 was developed.
>>79894597
>Do you even have any real life example of this happening?
Sure. When oil prices rose in the last decade and the US just let the market handle it, people drove less and purchased cars with better mpg. When oil prices rose during the 1973 oil crisis, the US imposed price controls which caused massive shortages. In some sense, the way they handled the recent oil "crisis" was informed by what went wrong in the 70's.
The same goes for any resource, and it also goes for all price controls. The economic behavior is the same. Supply decreases, demand increases, price goes up and people have to either make a sacrifice if they want that resource, or choose something else.
It is an asymptotic relationship, and it well and truly does mean that we will never actually run out of any resource -- it will simply become too expensive to afford, and another resource will replace it long before that at a better price.
>>79895254
Source, not conduit. Build me a fusion reactor sandcastle.
>Known reserves
New ones are constantly being discovered. You were probably one of those faggots screaming about peak oil 20 years ago.
>>79894646
ROI.
What is the marketable value of those resources vs cost of extracting and transporting said resources compared to other options.
>>79895181
Yeah but you'd have to:
1. Develop the technology needed to extract materials in a zero-g vacuum
2. Build a rocket capable of moving thousands of tons from the asteroid into Earth orbit
3. Somehow bring down those thousands of tons of material without it burning up in the atmosphere
Simply put, the sheer amount stuff you'd have to move in space combined with the tech that only exists in theory right now makes it too expensive.
>>79895326
Depends on how the price of certain raw materials develops. I bet the tech could be ready in 7-10 years but only if there was considerable financial profit and little risk.
And developing new tech is always risky.
>>79895150
>but our ability to harvest solar energy efficiently will diminish over time if we are not careful with our resources.
I think you underestimate the effect of supply and demand. as supply falls price rises which lowers demand and increases incentive to fine an alternative.
>>79895582
You do realize you need power plants, refineries, and processing plants to do something with that oil?
You could probably make plenty of fusion reactors by dismantling them.
>>79895422
If we don't find another source of cheap energy (which is a bit comical, as oil only has to increase in price so much before electric cars become viable), then our sense of personal transportation will simply have to adapt to a world in which it is not affordable to travel long distances in cars.
These types of things happen very slowly, and you will be amazed at what people get used to in only a short amount of time.
Feel free to get your mind out of the oil trap -- this conversation and line of reasoning is applicable to any and all scarce resources.
You're right, we need socialism now!!!!!
>>79883083
Asteroid mining.
Also are those only taking into account amount that are currently economically feasible to mine?
>>79895514
>Do your research m8, they're literally our biggest defense contractors.
Our biggest bank failed like the others.
>>79895580
>When oil prices rose in the last decade and the US just let the market handle it, people drove less and purchased cars with better mpg
>it's totally the same as when oil actually stops runing out
>the US imposed price controls which caused massive shortages.
>It had nothing to do with the fact that the US was embargoed
Are you stupid?
>The same goes for any resource
No it doesn't. Oil is not like any other resource. Our entire economy is based upon oil.
>or choose something else.
what? That is the question. What will replace oil?
>>79883083
>First saw this picture being posted here 7 years ago
>we still have new TV's, batteries, and the price of silver and antimony haven't skyrocketed as we reach the end of their supply
It's almost as if the market adapts or something! Like an invisible hand is involved!
>>79895993
>Our biggest bank failed like the others.
What is effectively an r&d company that gets money directly from congress can't fail like a bank that basically committed large scale insurance fraud.
>>79895716
>I bet the tech could be ready in 7-10 year
So we can't even go to MArs right know but in 7-10 years we could pull an asteroid out of the asteroid belt betwenn Mars and Jupiter to Earth?
>>79883083
Call me when leftists start advocating for population control and eugenics. Otherwise, it doesn't matter.
Leftism/liberalism will just bring more 3rd-worlders into white countries to breed rapidly and consume more resources. Whether or not the economy is state-controlled would be irrelevant at that point.
>>79895744
Indeed. I hope it can be done.
>>79895993
>What will replace oil?
Whatever resource happens to be cheaper per kilowatt hour than oil after oil hits certain threshold prices. "Our entire economy is based on oil" because it is cheap, and when it stops being cheap over the course of the years, companies will adopt other, more cost-effective measures. It honestly isn't my job to predict what those will be. It is the job of each respective individual and business to make their own financial decisions, and they will do so perfectly fine, thank you.
This is not rocket science, but unfortunately you have confirmed that you don't understand even the most basic principles of economics. There is no use in me or anyone continuing to debate with you, although I am sure this thread will stay on the front page for another hour anyway.
>>79895455
>Socialism is when workers own the means of production.
Full Definition of socialism
1
: any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods
>http://www.merriam-webster.com/dictionary/socialism
you are talking out of your ass, protubro
>>79895326
>WOW, so...
you have no historical perspective on technology. we will be space mining in less than 100 years. probably less than 50.
>lol, any source?
check wiki or google.
>According to Rühl, the main limitations for oil availability are "above ground" and are to be found in the availability of staff, expertise, technology, investment security, money and last but not least in global warming. The oil question is about price and not the basic availability. Rühl's views are shared by Daniel Yergin of CERA, who added that the recent high price phase might add to a future demise of the oil industry, not of complete exhaustion of resources or an apocalyptic shock but the timely and smooth setup of alternatives.
some great discussion in this thread
>>79895770
>electric cars become viable
Our electricity comes mostly from oil and coal, you retard
>>79896151
The point is that a anon opinion on the internet is worthless. Maybe lockheed martin is oding good, maybe it's doing bad. We will have to wait to see if their promises are true, but i bet they aren't
>>79896384
>Whatever resource happens to be cheaper per kilowatt hour than oil after oil hits certain threshold prices. "Our entire economy is based on oil" because it is cheap, and when it stops being cheap over the course of the years, companies will adopt other, more cost-effective measures.
Like?
>muh economics
Have fun with your sociology tier "science".
>>79896164
We went from nobody in space ever to man on the moon in 8 years, shouldn't be too hard.
>>79895770
>then our sense of personal transportation will simply have to adapt to a world in which it is not affordable to travel long distances in cars.
lmao, you're pretty much admitting what the peak oil experts were saying
>So what if we go back to a semi-feudal existence because transportation costs render modern societies impossible? The free market will adjust appropriately, the only downside being a 500% increase in the risk of road wars
>>79883083
I agree
We need eco-socialism and mass automation
>>79896164
There's these things called "Near Earth Objects" which are asteroids that come close to Earth.
Also, humans may not have gone to Mars but there's still manmade things on Mars. Humans are completely unnecessary for asteroid mining. It's difficult, sure, but picking an asteroid that comes close to the Earth and slowing it so it's captured by the Earth's gravity is a lot easier than going to the asteroid belt for one. After that it's just a question of launching an ion engine onto it and lowering the orbit further.
>>79895422
dude epic take down of economics
>>79895716
>Yeah but you'd have to:
1: done
2: done, doesn't take much fuel to move massive amounts of weight in space, especially if your not in a hurry
3: easily done with reentry vehicles which are shaped so that the super heated compressed air shock wave exists far enough ahead of the ship as to not be a danger, like the appolo reentry vehicle.
it is expensive but if the resources you are mining are MORE expensive then it is economically viable.
>>79895993
>the US imposed price controls which caused massive shortages.
this is true, educate yourself you idiot. canada was in the same boat but has no shortage and cheaper oil because there was no price control. look it up.
>Oil is not like any other resource.
yes it is.
>What will replace oil?
green energy sources or nuclear sources.
>>79895102
wow man that is a great argument!!!!
>>79896416
>Our electricity comes mostly from oil and coal, you retard
places like france get 94% of their power from nuclear you ignorant fool.
>lockheed martin
fusion is more of an academic pursuit than a private one, tonnes of resources in many countries are being thrown at the problem and it is getting close to being solved according to many scientists not just some fucking investor presentation at locheed.
>>79896606
your ignoring things like electric cars and nuclear power
>>79896986
>>What will replace oil?
>green energy sources or nuclear sources.
Even if industry is restructured to only rely on these technologies (fusion included), it will come at a massive cost in efficiency.
It will be nigh impossible to top the energy out/energy in ratio of the oil extraction that built our industrial civilization over the past 150 years. We have been enjoying a steady supply of nearly free energy for a long time. Taking that away will have repercussions.
>>79898114
>It will be nigh impossible to top the energy out/energy in ratio of the oil extraction
then energy out/in ratio of nuclear power beats the ass off of oil. hydrogen or battery technology can be used to store that energy in lieu of oil
>tfw venezuela has the biggest proven oil reserves in the world
