Showing posts with label globalization. Show all posts
Showing posts with label globalization. Show all posts

Thursday, September 13, 2012

"‘Astonishing’ Ice Melt May Lead to More Extreme Winters"

From Climate Central:

The record loss of Arctic sea ice this summer will echo throughout the weather patterns affecting the U.S. and Europe this winter, climate scientists said on Wednesday, since added heat in the Arctic influences the jet stream and may make extreme weather and climate events more likely.

The “astounding” loss of sea ice this year is adding a huge amount of heat to the Arctic Ocean and the atmosphere, said Jennifer Francis, an atmospheric scientist at Rutgers University in New Jersey. “It’s like having a new energy source for the atmosphere.” Francis was one of three scientists on a conference call Wednesday to discuss the ramifications of sea ice loss for areas outside the Arctic. The call was hosted by Climate Nexus.


The extent of Arctic sea ice on Aug. 26, 2012, the day the sea ice dipped to its smallest extent ever recorded in more than three decades of satellite measurements. The line on the image shows the average minimum extent from the period covering 1979-2010. Click on the image for a larger version. Credit: NASA/JPL.On August 26, Arctic sea ice extent broke the record low set in 2007, and it has continued to decline since, dropping below 1.5 million square miles. That represents a 45 percent reduction in the area covered by sea ice compared to the 1980s and 1990s, according to the National Snow and Ice Data Center (NSIDC), and may be unprecedented in human history. The extent of sea ice that melted so far this year is equivalent to the size of Canada and Alaska combined.
The loss of sea ice initiates a feedback loop known as Arctic amplification. As sea ice melts, it exposes darker ocean waters to incoming solar radiation. The ocean then absorbs far more energy than had been the case when the brightly colored sea ice was present, and this increases water and air temperatures, thereby melting even more sea ice.
Peter Wadhams, the head of the polar ocean physics group at the University of Cambridge in the U.K., told BBC News on September 6 that the added heat from sea ice loss is equivalent to the warming from 20 years of carbon dioxide emissions. Carbon dioxide is the main greenhouse gas that is causing manmade global warming.
During the fall, when the sun sets once again and the Arctic Ocean begins to refreeze, the heat in the ocean gets released back into the atmosphere. Since the jet stream, which is a corridor of strong winds at upper levels of the atmosphere that generally blows from west to east across the northern mid-latitudes, is powered by the temperature difference between the Arctic and areas farther south, any alteration of that temperature difference is bound to alter the jet stream — with potentially profound implications. It just so happens that the jet stream steers day-to-day weather systems.
Francis published a study last year in which she showed that Arctic warming might already be causing the jet stream to become more amplified in a north-south direction. In other words, the fall and winter jet stream may be getting wavier. A more topsy-turvy jet stream can yield more extreme weather events, Francis said, because weather and climate extremes are often associated with large undulations in the jet stream that can take a long time to dissipate.
While there are indications that the jet stream is slowing and may be more prone to making huge dips, or “troughs,” scientists have a limited ability to pinpoint how this will play out in the coming winter season.
“The locations of those waves really depends on other factors,” Francis said, such as El NiƱo and a natural climate pattern known as the Arctic Oscillation. “I can only say that it’s probably going to be a very interesting winter,” she said.
Francis’ work has linked Arctic warming to the unusually cold and snowy winters of 2009-10 and 2010-11, during which the U.S. East Coast and parts of Europe were pummeled by fierce winter storms and experienced cooler-than-average conditions. The winter of 2011-12 was much milder, by comparison, but Francis said it, too, was consistent with her research. Not all meteorologists agree on the Arctic connection theory, but that may change with time.
Jim Overland, an oceanographer at NOAA's Pacific Marine Environmental Laboratory, said the inconsistency of the past three winters doesn’t mean the Arctic connection hypothesis is invalid.
“People like direct causality, [the notion that] if you lose the ice every year it will cause the same effect,” Overland said. But the chaotic nature of the atmosphere means that all that scientists can say with a high degree of confidence is that “the number of [extreme] events somewhere are destined to increase” as a result of rapid Arctic climate change, Overland said.

Tuesday, February 09, 2010

"Globalization Is Killing the Globe: Return to Local Economies

by Thom Hartmann

Globalization is killing Europe, just as it's already wiped out much of the American middle class.

Spain and Greece are facing immediate crises that many other European nations see on the near horizon: aging boomer workers are retiring with healthy benefit packages, but the younger workers who are paying for those benefits aren't making anything close to the income (or, therefore, paying the taxes) that their parents did.

Globalists/corporatists/conservative "free market" and "flat earth" advocates say this is a great opportunity to cut benefits for the old folks (and for the young folks in the future), thus bringing the countries budgets back into balance, and this story is the main corporate media storyline.

But it overlooks the real issue (and the real solution): how globalization is killing these nations' economies and what can be done about it.

From the days of Adam Smith, classical economics pointed out that manufacturing and extraction are the only two ways to "create wealth."

"Wealth" is different from "income." Wealth is value, which endures at least for some time. Income is simply compensation for work. If you wash my car for $10 and I mow your lawn for $10, we have a GDP of $20 and it looks like we both have income and economic activity. But no wealth has been created, just income.

On the other hand, if I build your car, I'm creating something of value. And if you turn my lawn into a small farm that produces food we can all eat, you're creating something of value. Not only do we have an "economy" with a "GDP," we also have created wealth.

A stick on the ground has no commercial value, but if you add labor to it by carving it into an axe handle -- a thing of commercial value -- you have "created wealth." Similarly, metals in the ground have no commercial value, but when you add labor to them by extracting, refining, and forming them into products, you "create wealth." Even turning seeds and dirt and cows into hamburgers is a form of manufacturing and creates wealth.

This is the "Wealth of Nations" that titled Adam Smith's famous 1776 book.

On the other hand, when a trader at Goldman Sachs makes a "profit" trading stocks, bonds, or currencies, no wealth whatsoever is created. In fact, to the extent that that trader takes millions in commissions, pay, and bonuses, he's actually depleting the wealth of the nation (particularly to the extent that he moves his money offshore to save or invest, as many do).

To use the United States as an example, in the late 1940s and early 1950s manufacturing accounted for a high of 28 percent of our total gross domestic product (and much of the rest of the economy like agriculture that, in a classical sense is "manufacturing" wasn't even included in those numbers), and when Reagan came into office it was at a strong 20 percent. Today it's about ten percent of our GDP.

What this means is that we're creating less wealth here, because we're not making much anymore. (And the biggest growth in American manufacturing has been in the military sector, where goods are made that are then destroyed when they explode over foreign cities, causing even more of our wealth to vanish.)

The main effect of the globalism fad of the past 30 yearrs -- lowering the protective barriers to trade that countries for centuries have used to make sure their own local economies are self-sufficient -- has been to ship manufacturing (the creation of wealth) from developed nations to developing nations. Transnational corporations love this, because in countries with lower labor costs and few environmental and safety regulations, it's more profitable to manufacture products. They then sell those products in the "mature" countries -- the places that used to manufacture -- and people burn through the wealth they'd accumulated in the earlier manufacturing days (home equity, principally, along with savings and lines of credit) to buy these foreign-manufactured goods.

At first, it looks like a good deal to consumers in developed nations. Goods are cheaper! But over a decade or two or three, as the creation of real wealth is reduced and the residue of the old wealth is spent, the developed nations become progressively poorer and poorer. At the same time, the "developing" nations become wealthier -- because those are the places that are producing real wealth.

Which brings us to Spain and Greece -- and the problem of all developed nations including the USA. So long as globalism continues apace, the transnational corporations and their CEOs will continue to become fabulously wealthy. But, more importantly, they also acquire the political power that comes with that control of economies.

So they tell us that instead of putting back into place tariffs, domestic content laws, and other "protectionist" policies that built America from the time the were first proposed by Alexander Hamilton in 1791 (and largely adopted by Congress in 1793) until they were dismantled by Reagan/Bush/Clinton/Bush, we should instead simple "accept the reality" that we're "living beyond our means" and we have to "cut back our wages and social programs."

In other words, they get richer, our nations become poorer, and national sovereignty is reduced.

Nations -- and in large countries like the USA, even states -- must again rebuild their manufacturing base and become locally self-sufficient, so their own consumers are buying products manufactured by their own workers.

"But won't that make Wal-Mart's stuff more expensive?" whine the flat-earthers.

Yes, it will. But most Americans (and Greeks and Spaniards) would gladly pay 10 percent more for the goods in their stores if their paychecks were 20 percent higher. And manufacturing paychecks have always been higher, because manufacturing is where "true wealth" is generated (thus the basis for most union movements, which further guarantee healthy worker income and benefits).

The transnational corporations benefiting from globalization are also, in most cases, the transnational corporations that own our media, so even the word globalization is rarely heard in reports on economic crises around the world.

But globalization is the villain here, and one that needs to be taken in hand and brought under control quickly if we don't want to see virtually the nations of the world end up subservient to corporate control, a new form of an ancient economic system known as feudalism.

_______________

My note- So the CEOs and execs have the wealth made overseas - having people doing the creating very cheaply. The CEOs, etc. reap the profits of selling those goods to us who have a different economic system (we can buy the stuff at a much greater price than the people making the stuff could pay) - and the rest of us are service providers for the CEOs and for each other.

Those of us who are service providers have very little clout, it seems. Esp. as so many services can be offshored. And those that can be done here are not seeing much of a rise in wages. The computer service providers do okay - most of the liberal arts and other service providers that keep a community going do not.

I don't really see it changing - the process of having people creating things cheaply overseas. If those countries where these things are made realized that they didn't need us - and they could create and distribute cheap good just fine on their own- that would be a problem for our system. In China - the minimum wage was recently raised to $140/month - about 1/8 of ours. But there are still other countries where things may be made cheaper than that - Vietnam, etc.

I think our system would be better if those who are making tremendous profits were taxed more heavily with the money going to health care and other services. It would inject some of the extra money that is produced by this system into the economy and allow for more jobs and services - and higher wages.

Meanwhile- there is getting to be a movement for local food. As the food is perceived as better (organic vegetables, grass-fed beef - less problems with pesticides, with antibiotics, ethics), as more people choose to buy things closer to home to avoid extra pollution involved in shipments - it could be a growing movement. It may be the way to reinvigorate local economies. If however, there is only a small segment of the population that feels they can afford it - it won't be widespread.

Wednesday, January 13, 2010

"US cult of greed..."

From the Guardian:

The average American consumes more than his or her weight in products each day, fuelling a global culture of excess that is emerging as the biggest threat to the planet, according to a report published today. In its annual report, Worldwatch Institute says the cult of consumption and greed could wipe out any gains from government action on climate change or a shift to a clean energy economy.

Erik Assadourian, the project director who led a team of 35 behind the report, said: "Until we recognise that our environmental problems, from climate change to deforestation to species loss, are driven by unsustainable habits, we will not be able to solve the ecological crises that threaten to wash over civilisation."

The world's population is burning through the planet's resources at a reckless rate, the US thinktank said. In the last decade, consumption of goods and services rose 28% to $30.5tn (£18.8bn).

The consumer culture is no longer a mostly American habit but is spreading across the planet. Over the last 50 years, excess has been adopted as a symbol of success in developing countries from Brazil to India to China, the report said. China this week overtook the US as the world's top car market. It is already the biggest producer of greenhouse gas emissions.

Such trends were not a natural consequence of economic growth, the report said, but the result of deliberate efforts by businesses to win over consumers. Products such as the hamburger – dismissed as an unwholesome food for the poor at the beginning of the 20th century – and bottled water are now commonplace.

The average western family spends more on their pet than is spent by a human in Bangladesh.

The report did note encouraging signs of a shift away from the high spend culture. It said school meals programmes marked greater efforts to encourage healthier eating habits among children. The younger generation was also more aware of their impact on the environment.

There has to be a wholesale transformation of values and attitudes, the report said. At current rates of consumption, the world needs to erect 24 wind turbines an hour to produce enough energy to replace fossil fuel.

"We've seen some encouraging efforts to combat the world's climate crisis in the past few years," said Assadourian. "But making policy and technology changes while keeping cultures centred on consumerism and growth can only go so far.

"If we don't shift our very culture there will be new crises we have to face. Ultimately, consumerism is not going to be viable as the world population grows by 2bn and as more countries grow in economic power."

In the preface to the report, Worldwatch Institute's president, Christopher Flavin, writes: "As the world struggles to recover from the most serious global economic crisis since the Great Depression, we have an unprecedented opportunity to turn away from consumerism. In the end, the human instinct for survival must triumph over the urge to consume at any cost."