Posted: Thu Apr 24, 2008 2:52 pm
storm wrote:Hrm, this is an interesting theory.Kil Tyme wrote: According to Wallerstein, Arrighi and other world-systems theorists, when the periphery and semi-periphery rise up, there is no where else to get cheap labor from and the collapse of the capitalist world economy is imminent.
...its a theory, like many other theories and historically it pieces things together pretty well as far as historical context goes, but the question of whether its a forecast model for the future is very much open to debate.
However, I think it fails to account for the role technology has had and will undoubtedly continue to have on history. For example, look at the bronze age. Why did the bronze age end and the iron age begin? Ancient people certainly knew about iron, and I am willing to bet many even figured out how to extract it from it's ore long before the iron age actually began.
Why did the bronze age end? Well, mostly because England ran out of tin. There simply wasn't enough freely available to fill the demand for it. When the need arose for a substitute, people start smelting iron and steel.
Why do we still depend on oil rather than any of the (innumerable at this point) alternatives? Because it is *still* the most economical. That is going to change in the near future. Will the economy collapse? I doubt it. Oil is already too expensive in Brazil (they pay more than us) so they use ethyl fuels. Why don't we do it in America? It would be more expensive than oil. As demand for resources expands, recent history has shown that new and alternative resources are discovered.
Is there a "cap" on the advance of technology? Maybe. History doesn't show any evidence of one. I am pretty sure the human knowledge base is still expanding exponentially. (The rate of increase is increasing still) If we suffer a dark age I am pretty sure it will be the result of international war, which I fear less and less as time goes on. The world market is becoming too interdependent for war between first world nations anywhere close to practical. (Not to mention the impact technology has had on the scale of war, which has become too high to risk).
Maybe I'm an optimist, but I think the problems of the future will most likely be new problems, not old ones. Technology has reached a point where we can solve most of the classical economic problems, assuming we have the inclination too. Hell, I bet a good number of us have jobs that could be easily automated, if it were economical.