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Entropy production delusion

It is common in knowledgeable circles to talk about the development of civilization in terms of entropy discussion. The term 'entropy...

Friday, May 10, 2013

Tangible and intangible wealth

Time goes by. We all know that and we become more aware of it as we age! So does energy go by as it always dissipates as it flows and does work. We know that personally even though governments, industrialists and the media tell us that fossil fuels and nuclear will continue to meet energy demands, without taking into account the deleterious consequences. We also know that all organisms, including us, have to get rid of gaseous, liquid and solid wastes as well as waste heat. So material also goes by when it is transformed in a process.

But we are told we can make money out of thin air to increase our wealth. Many do this by fair means and foul. That is the accepted view in Myopia simply because society believes that it is free to use natural resources and devastate the environment without paying for it. They do not realize that they are destroying tangible natural wealth in an unsustainable process while the fortunate few play with their intangible wealth - whilst it is worth something. A high proportion of the crustal store of fossil fuel has already gone up in smoke

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