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.
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.
Provocation # 196 Economics can be seen as a kind if systems maintenance manual, plumbing for the flow of dollars in the economy. If economics were more seriously interested in science it would raise questions like: what is capitalism, what is socialism and if we understand these, is there a third possibility? ———————— The financial times … Continue reading Post # 2025 Capitalism and economics as plumbing
Provocation # 174. So far as I am aware, there is no plan proposed by anybody that deals with the social disruption of climate breakdown and the social disruption of trying to prevent that disruption in anything like implementable detail. If you know of any please let me know. email@example.com' The Green New Deal proposed … Continue reading Post # 2023. No plan for the societal side of climate change
Provocation 164. Beyond economics. Economics fails to look at key social phenomena: capitalism, ownership, quality of life, preferences, political power. In the few cases that reach outside to social consequences, the symptoms are discussed by not core consequences. A few examples: Steve Keen’s revising economic models feels bloodless, absent people, or Stiglitz/ Ocasio-Cortez who … Continue reading Post # 2011. How do we get to a more inclusive economics?
Provocation #149 Why can they get so rich? In the spirit of provocations.. Cook, Bezos and Musk all want to use money pulled from society and blow it off into outer space, abandoning earth and humanity. As Bezos has said, basically there is nothing on earth worth investing in. Some jobs are created by their … Continue reading Post #2002. Why can they get so rich?