Consumerism when the tide runs out

What are the real implications of peak oil in a culture where common sense
has been suppressed by consumerism?

It's an abundance of energy that makes possible the kinds of excess that many parents practice with their children. It is also energy that elevates and continuously upgrades our expectations, which then in turn become the new societal norm. Our common sense tells us these expectations as to what is normal, have little basis in reality and in many ways are harmful to our children. So why then do parents that know all the reasons that they shouldn't do something, do it anyway? Whatever force it is that encourages moms and dad to throw away the parental rulebook must be effective indeed and the only way that rulebook can be ignored, is if a definitive effort has been made to render it obsolete.

http://www.energybulletin.net/node/46079