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Media release: New epoch — Avaricene — proposed for human stratigraphy

Portland, Oregon—The U.S. Council on Human Economic Stratigraphy has announced a proposal to add a new geologic and cultural "epoch" to the Geologic and Human Time Scale.

The new epoch is the Avaricene: The Age of Greed.

The action was taken after the council reviewed the results of an independent study on the impacts of wealth concentration in the modern era. The thirteen council members concluded that the effects of unprecedented human greed on the planet and humanity during the current century are sufficiently influential to constitute designation of a new epoch. 

From a methodological standpoint, the designation of a new epoch requires that certain thresholds in identifying factors that are uniquely influential to that stage of the earth's evolution; for example, the Pleistocene marks the Ice Age and the Jurrasic was the time of the dinosaurs. The council members must agree unanimously that these distinguishing thresholds have been met. 

As noted, the newly-designated Avaricene's epoch defining factor is human greed which, by all known measurements and historic data collection methods, has exceeded any other moment in documented history. 

The position of new epoch is dominant (above) the Anthropocene, recognizing that greed as a defining factor is more impactful than all other activities of humans. 

An illustration is provided below. Please note this is preliminary and dependent on the vote by the full membership of the human race on a formal resolution to create the Avaricene. Comments on the proposed new epoch are now being accepted, in advance of the vote. The vote will be called after the comment period is closed. 

Ed note: The Geologic and Human Time Scale was created in the mid-nineteenth century to organize the history of the earth based on the dominant features found in the rock formations around the globe. The GeoHuTS, as it is commonly called, has been altered only five times since its creation, with the proposed change marking the sixth.