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On energy, the material basis for all our politics?

Helen Thompson, podcaster and professor of political economy at Cambridge and author of Disorder: Hard Times in the 21st Century, joins us to talk about the geopolitics of oil, stretching from the 1956 Suez Crisis to the Fracking Revolution of today. How does US energy independence help explain shifting politics in Europe and the Middle East?

Plus, did the End of History stay afloat on a sea of cheap oil?  

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Jennifer Baldwin

Glad aufabunga have moved from the superstructure to the base.

cap

Are investors and the political class really interested in Net Zero? There seems to be a lot of lip service to the idea, but very little substantive action. The easiest way to reduce energy consumption per capita is to reduce individual use of energy, so changing society from an atomized one of detached single family homes with front lawns and mass care usage to one of dense cities with good public transit. We dont see any investment from capital in these kinds of models, probably because they are substantially less profitable. But political parties are also not trying to change our societies to a more sustainable model at all. Suburbanization is continuing, there is no public lead construction of mass housing, there is no expansion of public transit. A concrete example for the unwillingness of politicians to put their money where there mouth is, can be found in Germany: The Green party is represented in both the federal government and the Bundesland of Berlin, and yet they are going ahead with a plan to demolish an entire neighbourhood in eastern Berlin to build a massive high way, when its already pretty clear as Helen Thompson mentions that there probably wont be a lot of cars in 20 years time. It seems to me that investors and politicians are engaged in the exact muddling through that you mentioned.