Mechanical ‘Economics’

by Hugo Salinas Price

Our world is approaching a financial tipping-point, which may be only months away. When we do reach the tipping-point, the financial collapse will be vast in its destructive consequences and in a matter of a few days our world will change beyond our power of description.

The shadow of the approaching new reality is upon us and we can already perceive its outlines; this allows us to talk of our civilization in the past tense.

Professor Joseph A. Tainter, of the University of California, wrote a most interesting book with the title “The Collapse of Complex Societies”. In brief, the message of the book is that all societies have a habit of organizing themselves, and at a certain point, more and more organization makes them increasingly less attractive to their members. People then begin to leave their native societies and seek out other places to live; or else they lose heart and become unable to defend themselves from less-organized invading barbarians.

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