Provocation #217 Operating the system at a net loss. Capitalism is a problem for society because it maximizes profit and money wealth, not the quality of the society or of lives. Instead of managing for ecological health and the benefits of tech for the elimination of labor, it manages the whole for the good of … Continue reading post 2036. Operating the system at a loss
Democrats and much of the voters are stuck. The old Democratic party of workers evolved since the 60's to representing the professional middle class represented by the Clinton's. The problem now is, the Democrats can't go back, because the labor they lost became the middle class that is now losing out, and those people don't … Continue reading 2033. The Democrats have no path.
I am continually struck by the few inquires into the way the market would function without fossil fuels. For example, what would be the impact on the making of computers? Chips? transportation, platic - ah, plastics and zero carbon? How to think about these issues?
There are three obvious sets of actors corporate state decentralized Unknown 4th? What will happen is likely to be a mix with one dominant. Four obvious approaches/strategies Stop co2 and shrink the economy Stop co2 and innovate green like mad to expand the economy Just invent new technologies Do nothing Those who prefer decentralization with … Continue reading Post 2027. Strategy and climate – by whom? What?r
Provocation 2013. The lawful and the unique. Economics avoids the unique. Science has taken the view that things that can be made into “laws” are worthy of science. Unique events not so. Mary is standing by herself on the livingroom floor. Newton's F=MA tells us how much she weighs. But Mary sees Jane’s dropped handkerchief, … Continue reading Post 2027. The lawful and the unique. Economics avoids the unique.
Cutting energy use to stay under 2 degrees will have cascading effects. The energy for commuting for example, lets say cut enough that some people can’t get to work (as we know people drive increasingly long distances). The building they drive to also un-heatable and coolable. Not useable. What happens? Mortgage doesn’t get paid, anks … Continue reading post 2054 cascading effects in economic shifts
We are in a paradox, first amassing big data to intercorrelate everything and tying all the data sets together into one giant machine (Mirowski ). At he same time we are missing the big thing going on - the undoing of the planet - that we needed to know. The who, what why and when … Continue reading Post # 2051 big data vs unique event.
Provocation #207. Leisure and economics. Early economics was concerned with the well being of society, of all the people. This was limited because people acquiesced to the view that the population was divided between the rich and the poor and then into capitalists land owners, and the laborers. But there was still a vigorous discussion … Continue reading Post # 2039 Leisure and 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
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.