Post #2038 More on monopoly – and climate change

Provocation # 206. More on monopoly. Last week I argued that the tendency of markets is toward monopoly and that the great monopoly - a combination of Google, Facebook, Apple, Microsoft  and Amazon -  combined with government and military - would be a centralizing authoritarian regime of terrible nightares. Science fiction at its worst. Some … Continue reading Post #2038 More on monopoly – and climate change

Post # 2037.

Provocation  # 206 MonopolyEconomics prides itself on mathematical sophistication, yet.. Following up on the previous Post The functioning of the market is toward monopoly because those with power and money can acquire more power and money at cheeper prices than those with less. We sort of know this, but do we imagine our way to … Continue reading Post # 2037.

Post # 2035 Global management ​needs good economics

Provocation #203 Management needs good economics. As society gets into trouble with climate, AI,  and governance, it is clear that we face major problems that are not being well managed.  If we start with the Greek economia as estate management we see that the concept was holistic: how to manage the estate for the well … Continue reading Post # 2035 Global management ​needs good economics

post #2034. Essential quibbles. Economics misses the point.

If the use of fossil fuels are not going to cut be cut sufficiently  (eliminated) to prevent a 3 or 4° rise, are we willing to discuss how such a failure that might  unfold? If  economy is   embedded in society, that just  means complex  feedback loops between the two. Discussing these feedback loops requires understanding both the economy and society. If … Continue reading post #2034. Essential quibbles. Economics misses the point.

post # 2032. Four phases in human history

Provocation #200 Lets assume that any system that breakes the environment and destroys its people is a broken system, what happens next? I have been thinking that maybe it's pretty simple. Look at the sequence phasecharacteristicsHunter gatherersDetailed local knowledge, fire, language, kinship systemsempireWars, hierarchy, slaves, agricultureeconomicsGrowth, Finance, mass production, consumerism, individualism, treaty of Westphalia?? Each … Continue reading post # 2032. Four phases in human history