The Poor Prole’s Almanac
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May 02, 2023 6:00pm
49m
This episode of "The Poor Proles Almanac" continues the exploration of American Energy Farming Systems (AEFS) and its attempt to turn the Jerusalem artichoke into a miracle crop and fuel source in the 1980s. Hosts Andy and Elliot examine the flawed business model and questionable leadership that drove AEFS's meteoric rise.
Hendrickson's enthusiasm for the Jerusalem artichoke knows no bounds. He declares its superiority to corn as a source of alcohol fuel, despite having no experience growing the plant himself. This lack of practical experience, coupled with his previous failed ventures like the "Igloo project," a self-sustaining farming community that never got off the ground, raises red flags about Hendrickson's judgment and ability to deliver on his grandiose promises.
Despite these warning signs, Dwyer is immediately captivated by Hendrickson's vision. He decides to buy enough Jerusalem artichoke seed for 20 acres, a significant investment at $1,000 per acre in 1980. This impulsive decision, based more on faith in Hendrickson's prophetic pronouncements than on sound business logic, further underscores the shaky foundation upon which AEFS is built. The episode notes that both men seem to feed off each other's enthusiasm, validating their shared delusion that they have stumbled upon a revolutionary agricultural solution.
Dwyer, like Hendrickson, frames their partnership in religious terms. He sees Hendrickson as a prophet sent by God to save the "Christian farm" and the nation from the clutches of "Big Oil" and the "Trilateral Commission", a group of international business leaders often cited by conspiracy theorists as a source of global economic manipulation. This intertwining of religious conviction and economic opportunism becomes a hallmark of AEFS, attracting investors who share their belief in the divine providence of the Jerusalem artichoke.
The episode highlights the irony of Dorband, a scientist with limited expertise in the field, being responsible for AEFS's scientific claims, while Hendrickson, an attorney by trade, oversees the company's research. This mismatch
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