THE POST MARX-KEYNES ECONOMY: OUR RESTORATION
—“There’s plenty wrong with GDP as a global measure of system performance. One of those problems is that no one has yet to come up with a… https://www.facebook.com/permalink.php?story_fbid=496778637585698&id=100017606988153
Source date (UTC): 2019-10-31 15:33:30 UTC
Original post: https://twitter.com/i/web/status/1189928391388139522
We can train them well and rule them well, train them poorly and rule them poorly,train them not and rule them as serfs at hither cost and lower productivity,and train them not and rule them as slaves at even higher cost and lower productivity. What we cannot do is let them rule.
Source date (UTC): 2019-10-31 15:20:49 UTC
Original post: https://twitter.com/i/web/status/1189925196913893376
Reply addressees: @hunderkoch
Replying to: https://twitter.com/i/web/status/1189911903415361536
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THE POST MARX-KEYNES ECONOMY: OUR RESTORATION
—“There’s plenty wrong with GDP as a global measure of system performance. One of those problems is that no one has yet to come up with a better one.”—Duke Newcomb
Income != balance sheet. That’s the problem. (Really). GDP P/C @ PPP = Standard of living. Change in Balance Sheet = Gain or Loss (productivity); GDP = Debt Capacity = Military Capacity = Coercive Capacity and that’s all it means. The problem is false productivity, were in consumption of capital is obscured by velocity, in order to maintain keynesian employment as a (bad) means of restoring economic velocity (which is the error) – where under digital and fiat money, liquidity distribution directly to the people will make employment a measure only of demographic utility (which is what the left is afraid of) and the correction of which (as I recommend) will re-suppress immigration, and re-suppress underclass reproduction, and restore middle class reproduction.The only way to increase wealth in this model is reproduction of the middle class, employment of young and old, payment for labor necessary to create an aesthetic commons, one child policy for those who are dependent, and following the japanese in automation.
Source date (UTC): 2019-10-31 11:33:00 UTC
The pareto distribution has to exist in proportion to the competition the population is capable of in the international market. The question is whether one is contributing to innovation, productivity and profitability or whether on is profiting from rent seeking corruption.
Source date (UTC): 2019-10-30 20:20:00 UTC
Original post: https://twitter.com/i/web/status/1189638103352467464
Reply addressees: @natrolleon @ClownBa73413423
Replying to: https://twitter.com/i/web/status/1189636918209732608
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STATE SPONSORED HYPERCONSUMPTION OF GOODS, SERVICES, INFO, AND VIRTUE SIGNALS
—“What we like or want may not be good for us.” –Curt Doolittle
Context of the original quote was that we… https://www.facebook.com/permalink.php?story_fbid=496055167658045&id=100017606988153
Source date (UTC): 2019-10-30 16:41:15 UTC
Original post: https://twitter.com/i/web/status/1189583050075791360
STATE SPONSORED HYPER-CONSUMPTION OF GOODS, SERVICES, INFO, AND VIRTUE SIGNALS
—“What we like or want may not be good for us.” — Curt Doolittle
Context of the original quote was that we… https://www.facebook.com/permalink.php?story_fbid=496048954325333&id=100017606988153
Source date (UTC): 2019-10-30 16:32:18 UTC
Original post: https://twitter.com/i/web/status/1189580797596127232
WE HAVE NO CHOICE. EQUALITY IN RECIPROCITY OR IN POVERTY
Our only possibilities are equality in reciprocity or equality in ignorance, superstition, and absolute poverty. There is no choice…. https://www.facebook.com/permalink.php?story_fbid=496039264326302&id=100017606988153
Source date (UTC): 2019-10-30 16:18:41 UTC
Original post: https://twitter.com/i/web/status/1189577372577812482
USURY
(repost)
Interest vs Usury.
Interest is necessary for the organization of complex production. it is beneficial for production of generations. It is risky for the purpose of… https://www.facebook.com/permalink.php?story_fbid=496032514326977&id=100017606988153
Source date (UTC): 2019-10-30 16:07:08 UTC
Original post: https://twitter.com/i/web/status/1189574465048449025
VALUE AND MEASUREMENTS MATTER; THE ECONOMICS OF THE IMMORAL; YOUR TIME SHOULD MATTER
(Editor Brandon Hayes, with multiple authors)
We have some very serious issues with our economics and our economy as current:
Plausible Bubbles (short list; none are ever sure, when one goes others follow or become hidden):
Student Debt
Credit Debt (That’s cards and lines from banks)
Housing
Commercial Real-estate
Automobiles
Healthcare
State Pensions
Federal Debt
Crypto
AND MORE!!!
But, but, but…. Our economy is doing so well; ah, yeah sure, til it isn’t. Look we measure GDP and average income. Both of which have nothing to do with quality of life for individuals and everything to do with leveraging our position on the world financial stage. We run a fiat currency that has no corresponding tangible hard asset (like gold). And we love exaggerating (lying) about the financial shape we’re in [American’s do this personally].
When we measure and aim at growing something (like GDP) that doesn’t directly translate to well-being (measurements to be debated about), this arguably translates to more suffering, we have an immoral measure; as it doesn’t take morality nor mortality into consideration. It puts them on the back burner, favoring an ever-climbing number. {You can never stop chasing numbers; as numbers never stop running; money is a BAD aim.}
Next, our traditional economic models are wrong. Nearly all economics is based on this ludicrous assumption of human behavior:
“Rational choice theory: is an economic principle that assumes that individuals always make prudent and logical decisions that provide them with the highest amount of personal utility.”
I studied economics and marketing in college [among other things] (I was a business major), even then this assumption was asinine. We teach marketing as psychological manipulation; meaning we teach to advertise to irrational agents because we KNOW for a fact they are not rational. To build models based on rational agents is moronic to the point of offense; and dangerous because it doesn’t predict anything properly.
So far, without even scratching the surface of how complicated economics is at the scales we operate at, we have glaring errors in our framework. What could possibly happen, who could imagine things going array!?! < internet sarcasm.
It’s time to change; it’s way past time to change; the next market correction is going to put people back on their heels; more over it’s going to knock people back on their asses. It’s time to wake up, pay attention. < repeated mantras
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What follows is a list of jobs that could be culled back 90%+:
Anything that has to do with pushing paper: lawyer, accountant, financier, traders, stock brokers, administrators, legislatures, lobbyists, and so on. [You do nothing but create hurdles for others actually doing work; and we don’t need you.]
Anything that is a net value loss: most dirty energy jobs (we should seek energy independence), anything in a cubical that requires a commute, anything sales related (stop selling us shit we don’t need nor do we want it [people just don’t know they don’t]), etc.
Anything that’ll soon be replaced by technology: Driver of any sort, fast food of any sort, most store clerks and cashiers (see Amazon’s new walk-in and walk-out stores), lecturing (see youtube), etc.
^All this, rough and incomplete, and off the top of my head after only one cup of coffee.
Look, we could pay people half their salaries to stay HOME and sort their family out, clean their communities up, and reduce the stress that the 9-5 lifestyle induces. And it would be better (more beneficial) than them showing up at work.
We made a mistake during the last crash to bail out the banks (more crooks that ought to be out of jobs) we should have bailed out students and homeowners; it was our money and we gave it to the .001% and the government; have we not learned a god-damned thing?
The economy of the future is based on local exchange, sustainable supply chains, and a reduction in excess movement of goods. It’s family centric, energy creating, and value added. It’s quality lifetime products not throw away plastic garbage; it’s centered around children and the future NOT me, me, me, now, now, now! That’s not getting us anywhere take a look around at the twilight zone reality in which you reside.
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Libertarians and an-caps you don’t have the answers; your approaches are as flawed as those in use currently and we don’t have the time, energy, nor the wherewithal for you to give it a whirl.
Marxists; you’ve been so wrong and murdering millions for so long I have a hard time understanding why we even let you speak.
“Let’s get this labor thing straight. Labor has no value other than under capitalism we can create a consumer out of the laborer which organizes the very fractional contribution of labor into large groups producing many complex parts, and the complex part provides the value.
The profit on the price is required to organize others in this network.
That’s the whole thing. If you’re ‘labor’ you aren’t ‘value’ to others, since none of us is productive enough to matter. What matters is multipliers, and labor isn’t one.
Labor’s primary value lies in (a) you are at least self supporting because (b) as a slave you’re even less productive, and (c) as a barbarian you’re a parasite.
The value is in organizing using incentives using prices and profits.“ – Curt Doolittle
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Here I should square the circle of time. If your labor isn’t worth anything (and in and of itself, it isn’t) then your time is worth nothing to others; but it is worth EVERYTHING to you and it should be. You have one life [80 years old]; it’s roughly 700,000 hours; you’ll spend a 3rd of those sleeping, leaving you with 467,200 waking hours. If you’re spending a majority of YOUR waking hours working at something you hate, cut that out right now!
You ought to value your own time above all else; BUT you can’t force others to value it nor pay you for it. You must create something with your time and offer it as fair value exchange. This is the only way to make your time worth anything to others. Just because you show up and do a job; doesn’t mean you’re adding anything of worth [it’s still very hard to find good employees, ask any employer]. Master something (anything) and make your time worthwhile.
I have deep sympathy for people living currently; as I am one of them. I have no problems walking in other’s shoes. We have lied strategically to generations of humans (all the generations), we are at a unique point in time where the lies can be rooted out and have real light shown upon them. Many of them (lies) are painful to let go, but never in history has there been a lie that didn’t come back and take its toll in the future. Reality doesn’t take kindly to being mischaracterized!
Source date (UTC): 2019-10-30 12:31:00 UTC
ECONOMIC INFLUENCES ON TODAY”S ART WORLD
1) spaces are now general purpose rather than designed for function. This makes them less amenable to artistic treatment because they have to be ‘resold’.
2) Postwar materials (steel, glass, and panel products) are not amenable to organic arts, and it’s organic arts that constitute the majority of the western thematic tradition – particularly the human form.
3) Architectural software is .. great for engineering and tradesmen but tends to produce ‘sh-tty’ attempts at imitating Lloyd Wright – to mid century, as if the Craftsman never happened. But at least soviet concrete brutalism is done. Fk. Great for government buildings. Sh-t for the artwork they decorated it with.
4) Hollywood is a black hole for the arts, because it’s possible to make money at it on and off, while keeping ‘other jobs’ going.
5) Camera first, large printers second and Digital third has eliminated much of the handicraft that went into the production of durable arts.
6) Decoration will fit anywhere but “Art” (meaning, craftsmanship, materials) has been successfully undermined by the marxist-pomo-feminist tradition, and intentional deprivation of citizens from education in the heroic tradition – replaced with the victim tradition has made high art impossible or unmarketable.
7) The economics of producing inventory vs the percent of sales is such that, say, if you want to produce 200k of income for a gallery and 60K of income for yourself, you have to do the math on how much time and materials you can put into each work. So at an average of 10k per piece, that means 20ps must sell, that means no less than five galleries, that means 40 pcs in inventory at all times. And that’s only so many days or weeks per piece. Most people produce a production line, and use it to finance their artwork. (I know art jewelry, print and panting the best.) Scale up to sculpture then to play, then to film, and down to print and farther down to photo and farther down to posters and kitch but the general math is the same -just like every other biz. There is a reason single digits of artists make a living, and instead work to fund their art hobby that generates lunch money.
Source date (UTC): 2019-10-30 12:30:00 UTC