By Kirkpatrick Sale, Counterpunch

Twenty-five years ago, when the high-tech Second Industrial Revolution had just begun, I made a bet with an editor from Wired magazine that global society led by the United States would collapse in the year 2020 from a confluence of causes created by modern technology out of control.

It would be, I said, a mix of ecological disasters including earth overheating and polar ice melting, political disintegration including failed states worldwide and uprisings in major cities, and economic chaos including insurmountable debt and a stock-market crash and depression. He said, “We won’t even be close,” and slapped down a $1,000 check on my desk. Though a tidy sum in those days, I matched it and we settled on a mutual editor friend as the arbiter, to make the call when the time came.

That time, the end of the year 2020, has now indeed come. Who wins?

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