It is not oil that sets your greatest insecurity; it is the global economy. lt doesn’t need your town. It will relocate your jobs where profits are greatest. It can flip into recession overnight and dump you and billions of others into unemployment and poverty. It will only deliver to you whatever benefits trickle down from the ventures which maximise corporate profits. It loots the Third World to stock your supermarket shelves. It has condemned much of your town to idleness, in the form of unemployment and wasted time and resources that could be being devoted to meeting urgent needs there. ln the coming time of scarcity it will not look after you. The supreme need is for us to build a radically new economy within our town, and then for us to run it to meet our needs.
Republished on carolynbaker.net.
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