Catabolic capitalism.

Industrial civilization was built on an extraordinary inheritance of cheap, abundant fossil fuels. That energy surplus made it possible to construct vast networks of infrastructure, transportation, manufacturing, and global trade. But maintaining that complexity becomes increasingly expensive as high-quality resources are depleted, extraction costs rise, and environmental damage accumulates. Rather than fundamentally changing course, the system is increasingly finding ways to profit from breakdown itself. Climate disasters create booming markets for reconstruction. Insurance speculation expands. Private firefighting services emerge to protect affluent communities. Water scarcity becomes a tradable asset. Entire industries develop around adapting to environmental calamity rather than preventing it. At the same time, increasingly destructive forms of resource exploitation — fracking, tar sands extraction, deep-water drilling, seabed mining, and mountaintop removal — are deployed to…