Peak oil — nevermind

One way to remain popular as a hip, iconoclastic media brand in America is to reinforce the conventional wisdom — in a hip, iconoclastic way, of course. I've learned this from Freakonomics. Take the recent blog post entitled, "Has 'Peak Oil' Peaked?" Author Stephen Dubner asserts that with oil prices way down from their 2008 highs, the media "frenzy" over peak oil has faded away — but without the media doing a reality check on this hysteria they were peddling to a gullible public.

Huh?

My memory of that time is quite a bit different. The mainstream media did little on peak oil and Freakonomics' partner, The New York Times, was nearly silent on the issue. All the air in the media bubble was being taken up by shrill blaming of the major oil companies (even though they were delivering a commodity prized by the world to American gas pumps with no lines or interruptions). Or it concerned sinister futures traders somehow gaming the market. Most of the discussion on peak oil was confined to sites such as The Oil Drum, the "doomer blogs" — and inside the oil industry itself.

The Big Lie about unions

Somewhere over the past few decades, Americans became something new: followers. They became, as an earlier generation put it with disdain, "easily led." Keeping them that way requires a successful propaganda offensive in the case of the Big Three automakers. You see, it's all the union's fault. It's all the workers' faults. Just keep repeating that, over and over. Who knows what might happen if you failed to believe. Belief in the god "free markets" has been shaken by the incompetence of the Bush administration — and by the inevitable consequence of law-of-the-jungle capitalism: the worst economic calamity since the Great Depression. Who knows what might happen if working Americans were suddenly not so easily led.

They might follow the example of 240 workers at Republic Windows and Doors in Chicago, who staged a sit-in after Bank of America cut off credit to the company — and the company, in the way of today's America, laid off the workers without even a severance. They occupied the factory until the bosses and the bank capitulated. The action was hailed as a new sign of backbone, but there was a critical difference between these workers and most average Americans. A difference between them and the 35,000 employees that BofA itself is cutting. They were members of a union.