What Happens To Oil Rich Countries In The New World Order?

A mosque in Abu Dhabi (Photo by David Rodrigo on Unsplash)

Oil rich countries and individuals making a ton of money off of fossil fuels will likely find Copiosis problematic. Not because it puts the kibosh on their money-making. That’s going to happen whether Copiosis happens or not. Trends towards solar, wind, batteries and other renewables have already killed off oil. Late-stage capitalism also is playing a part.

But transitioning to the New World Order will accelerate that process. And that might be a big problem for Big Oil. Oil-producing nations depending largely on oil for their wealth might struggle too.

Of course, wealthy Middle Eastern countries will keep all their wealth. So the struggle won’t be about wealth. It will be about relevance. And for many, relevance is an existential thing.

Becoming irrelevant might also trigger other serious threats. It may start the beginning of the end of monarchies in the Middle East. The US wealthy class may face an irrelevancy crisis too. Both changes might spark huge political upheavals.

Kings and the rich are not dumb. Once more than one country goes with what we’re offering, oil-rich monarchies and Big Oil will see their irrelevancy looming. That could trigger all kinds of blow back. Blow back that could also impact our transition.

It’s up to them

As we wrote in a previous post, this is not Copiosis’ problem. Copiosis doesn’t fix people. Thankfully, shifting to the New World Order will happen gradually. So people have plenty of time to figure out what they’ll do. Heads of state will too.

What they do is up to them. Once one country goes Copiosis, though, it’s going to be hard to stop others from going too. Presuming the first mover country outperforms those keeping their debt-based systems, everyone will want it.

One challenge with that happening is how we measure economic success. The world currently uses Gross Domestic Product, Gross National Product and Per Capita Income as success indicators among others. It also measures success in terms of growth and profit. Measuring a Copiosis economy that way may not work. That’s because valuable economic activity in Copiosis will look like conservation and stewardship. It will also look like recycling and upcycling. And keeping things in service rather than replacing them with new things. So activity valued in Copiosis won’t register in today’s methods.

Of course, profit doesn’t exist in Copiosis. So profit doesn’t work as a success measure either. Neither does purchasing power. Or keeping inflation in check. Or increasing per capita income. The world will need a whole different set of measures. Measures more consistent with values inherent in a Copiosis economy.

That’s a good thing

All this means Copiosis offers a wholesale reinvention of our global economy. Starting with just one country, the entire system will need changing. How we move through that change will determine how successful we manage a lot of problems that will pop up.

Problems like what Oil-rich countries will do once their oil becomes obsolete. Good news is humans are resilient. Who knows? Such countries might see the writing on the wall and choose early-mover status. Oil does provide benefit. But is the Net Benefit Value (NBV) of oil positive? The answer will determine, we think, what oil-rich countries do. That and how real they think the threat/opportunity Copiosis offers is.

All that represents a good thing. It’s time to really shake up the status quo with something offering a compelling alternative. We think Copiosis does this.

The New World Order Copiosis represents truly reorders the world. That will scare many. It will trigger many people’s egos. What they do next is anyone’s guess. Hopefully, they won’t exacerbate the struggle it already will be moving us beyond late-stage capitalism‘s inherent existential problems.

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