A new industrial Kondratieff Cycle looms on the horizon, built around emerging, now tangible, infrastructure needs that will cost perhaps $10 trillion between 2020 and 2030, as discussed below. A partial provisional typology and examples include:
- Defensive armoring of (selective) cities and regions with a preference to protect gated enclaves of the plutocrats.
- Long neglected, decaying, obsolete infrastructure needs will explode: electric grids, tunnel between NJ and NY), countless bridges, airports, broadband, water and sewage projects.
- The food and energy infrastructure and cumulative practices will undergo rapid and massive alteration, perhaps beginning in 2030, way overdue — and way too late to forestall the massive damages.
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Professor Emeritus of Sustainability Wayne Hayes retired from Ramapo College of New Jersey on July 1, 2015. Wayne’s concern merges two of his principle interests: first, capitalism’s drive for profit and growth; second, the consequences: inequality, fiscal crisis, exclusion, ecocide, and, looming on the horizon, catastrophic climate change. Capitalism has the upper hand and will not capitulate voluntarily: Aporia, no path through it — or might there be: Such speculation motivates my work. Join me!
Author: Administrator
Professor Emeritus of Sustainability Wayne Hayes retired from Ramapo College of New Jersey on July 1, 2015. Wayne's concern merges two of his principle interests: first, capitalism's drive for profit and growth; second, the consequences: inequality, fiscal crisis, exclusion, ecocide, and, looming on the horizon, catastrophic climate change. Capitalism has the upper hand and will not capitulate voluntarily: Aporia, no path through it --- or might there be: Such speculation motivates my work. Join me!
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