The strange happenstance of record-breaking stock markets and record-breaking icebergs is something to behold and wonder, what the hell is going on in the world? Is there a relationship between high stock prices and crashing, splintering icebergs? Probably, yes.
In point of fact, as capitalism’s grand experiment of neoliberal tendencies (privatization/commoditization of everything in sight, let free markets reign supreme) progresses and registers enormous stock market profits, Antarctica splitters apart ever faster in lock step. In bizarre fashion, high stocks equate to faster loss of major ice icons, the Arctic-to-Patagonia-to-Antarctica, a worldwide phenomena. Is the linkage mere coincidence?
In short, does unfettered capitalism bring forth trillion-ton icebergs?
The answer is Yes! Indubitably without a doubt, unfettered capitalism, colloquially known as neoliberalism, impacts tremendous losses of classical bodies of ice. Indeed, the connection is stronger than mere coincidence. The Dow Jones Industrial Average was 2,000 when Dr. James Hanson testified before the Senate in 1988:
Today Dr. James E. Hansen of the National Aeronautics and Space Administration told a Congressional committee that it was 99 percent certain that the warming trend was not a natural variation but was caused by a buildup of carbon dioxide and other artificial gases in the atmosphere.
Today, with the DJIA up 10-fold at 22,000 global warming/ice loss tracks along with its own records….