Scott Adams: Cusp of fundamental change

“I wonder what people mean when they say the economy will recover in 2010. The only way that can happen is if another irrational bubble forms thus creating an illusion of wealth similar to our previous illusions. If you take illusions out of the equation, there isn’t anything to get “back” to. The wealth was never there in the first place.”

“I said before that I think we’re on the cusp of a change as fundamental as the industrial revolution. But this time the change will be on the consumption side, not the production side. As a society we have dabbled with recycling and such, but it has always been fairly optional. There was no real penalty for waste.”

“The coming consumption revolution won’t be strictly for the benefit of the environment. It will be an economic necessity, driven largely by the huge numbers of retired poor. There simply won’t be enough stuff for everyone if waste is allowed.”

He goes on to share some thoughts on the Internet and home schooling. My nephews and niece were home schooled and they are very well educated and socially well adjusted. The post is worth a read.