Here at DbC, our view is that strategic top executives know full well that world petroleum supplies have peaked, and are simply planning to keep riding the cars-first arrangement until it dies of its own internal contradictions. There is, you see, still a huge amount of profit to be reaped in the downward spiral, and one can always shift one’s money back into CDOs and LBOs and etc. as the game tightens over time.
Some powerful evidence in this direction emerged recently, from none other than Henry Ford’s great-grandson:
“We do believe at Ford that the price of gasoline is going to march upward over time,” Ford Motor Co. Executive Chairman Bill Ford said on the sidelines of the Detroit auto show. “And we’ve built our whole entire strategy around that.”
The alternative, the course anybody who actually gave a genuine damn about either the public or the so-called country would obviously take? Stopping the production lines and issuing a call for the radical reconstruction of our towns and cities toward sustainable living.
Instead, Ford Motor Company, like its peers and the overclass it serves, will plow ahead, business as usual.
As Fredrick Douglass and Dr. King always said, power concedes nothing without a demand, and ending the capitalists’ cars-first cliff-drive is one hell of a demand. If we are to save ourselves, we will have to pull our heads out, fully and soon.