THE BEADY EYE SAY’S: THE NEW TYPE OF NON- CONSCIOUS INTELLIGENCE DRIVEN BY NON-CONSCIOUS ALGORITHMS IS GOING TO DESTROY WHAT IS LEFT OF DECENCY IN THE WORLD. (Guest post an unknown source.)

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( A six-minute read)

The idea that humans will always have a unique ability beyond the reach of non-conscious algorithms is just wishful thinking.

The fact is, as time goes by it will be easier and easier to replace humans with computer algorithms, not because they are getting smarter and smarter but because humans are professionalising.

One would have to say are we all such naive bonkers that we are going to allow algorithms dictate our lives.Résultat de recherche d'images pour "pictures of algorithms"

The answer so far appears to be yes. We are going to become militarily and economically useless.

Technical difficulties or political objections might slow down the algorithmic invasion of the job market but while the systems might need humans, it will not need individuals.

These systems will make most of the important decisions depriving individuals of their authority and freedom.

They are already assembling humans into dividuals ie. humans are becoming an assemblage of many different algorithms lacking a single inner voice or a single self.

Its time we realized that if we continue down this path allowing large corporations platforms to introduce algorithms willy nilly with no overall vetting as to whether they comply with our values we will be replacing the voter, the consumer, and the beholder.

The Al algorithm will know best, will always be right, and beauty will be in the calculation of the algorithm. Individualism will collapse and authority will shift from individual humans to autonomous networks.

People will not see themselves as individuals but as collections of biochemical mechanisms that are constantly monitored and guided by a network of electronic algorithms.

We are already crossing the line. Most of us use Apps without any thought whatsoever.

Résultat de recherche d'images pour "pictures of algorithms"

You might say that every age has its organizing principles.

The nineteenth century had the novel, and the twentieth had TV; in our more modern times, they come and go more quickly than ever—on Web 1.0 it was the website, for example, and a few years later, for 2.0, it was the app.

And now, another shift is underway:

Today’s organizing principle is the algorithm. (Though you could productively argue that our new lingua franca will either be artificial intelligence or virtual reality.)

Algorithms rule the modern world, silent workhorses aligning data sets and systematizing the world. They’re everywhere, in everything, and you wouldn’t know unless you looked. For some of the most powerful companies in the world—Google, Facebook, etc.—they’re also closely held secrets, the most valuable intellectual property a company owns. 

Perhaps it is naïve to believe algorithms should be neutral? but it’s also deceptive to advance the illusion that Facebook and the algorithms that power it are bias-free.

They are not neutral.

Facebook is intended to be the home of what the world is talking about. Their business model depends on it, even if that’s an impossible goal. As such, with now well over a billion users, and still growing, it’s worth asking:

What role should Facebook play in shaping public discourse? And just how transparent should it be?

After all, Facebook is mind-boggling massive.

It accounts for a huge portion of traffic directed to news sites; small tweaks in its own feed algorithm can have serious consequences for media companies’ bottom lines.

What can be done? ( See previous posts)

Evolution will continue and will need to do so if we humans are to exist.

We therefore should welcome all technology that enhances our chances of this existence in as far that it equates to human values.

All Algorithms that violate these values for the sake of profit or power should be destroyed.

After all if humans have no soul and if thoughts, emotions, and sensations are just biochemical algorithms why can’t biology account for all the vagaries of human societies.?

If Donald Trump is the best that twitter Algorithms can produce it appears to me that there is a long way to go and it’s not too late to change course.

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All human comments appreciated. All like algorithms clicks chucked in the bin.

 

CAPITALISM CONTINUES TO PRIVATIZE THE PLANET.

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This is the first post to this blog .

 The purpose of this blog is to start a world mobile phone movement to effect change by Uniting the combined Communication Powers of us all into one world voice that will have to be listened to by World Organizations  and World Corporations.

These days we are  served up doom and gloom daily with the last decade leading us down the path to disillusionment. 

DEMOCRACY ERODED, LIVELIHOODS DESTROYED.  WITH GOVERNMENTS EVERYWHERE BETRAYING THE MANDATES THAT BROUGHT THEM INTO POWER.

September 11 tragedy now turned into a convenient Excuse for any anti-people legislation denying civil liberties worldwide. The Arab Spring is a quagmire>The Euro a nightmare >The Afghan War a needless lost of life>The Israel Palestine Question a dark cul-de-sac>NATO a war machine>The United Nations a gum shield between the west and the rest>China a supermarket>Climate change a trading commodity>Football a religion>Austerity a goal>Economic Growth an aspiration that no one seems to know how to achieve.

IF WE ARE ALL HONEST WITH OURSELVES THE WORLD IS GOING WRONG:

By the year 2030 there will be 50% more of us-6 million a month.

Humanity will have to put aside the deep divisions it has maintained for thousands of years.

Find a new spirit of human co- operation. Stop spending trillions on arms. One-fifth of the world’s present days population live in the “rich world” consuming 86% of the world’s goods. While over half the people on Earth live on 2$ a day with the absolute  poor on a !$ making up billions. Where is the justice that the gross domestic product of the poorest 48 Nations is less than the wealth of the World’s three riches people.

You don’t have to look far to see why we have Terrorism. Poverty and lack of Education spawns it.

While we turn back the evolutionary clock pumping 8 billion tons of Carbon into the Atmosphere each year wiping out 50,000 species a year in collective denial.

There can be no trade-off between economic development and the protection of the Environment Even if it is possible looking back from the Moon and see no trace of human activities that show up.

Our Democracies seem unable to achieve any progress such as mitigating climate change, better managing ecosystems, creating a fair global trading system. However we have the knowledge, the data and the technologies to do all of these things.

The question is not so much ” How could we have learned so little in all these years after two World Wars? But ” How could we have learned so much and done so little?

So it’s time to stop supporting large World Corporations and the like that don’t show a corporate social responsibility and use the power of getting Smart with our smart phones.

Any comments, suggestions, are welcome.  My next blog posting will out line a plan to create a World Aid Tax to be applied on all World stock Exchanges.

THE BEADY EYE SAYS. THERE IS ONLY ONE WAY TO SAVE THE ECONOMY.

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(Three-minute read) 

The covid -19 pandemic is changing everything. Unfortunately, our politicians are not used to this kind of emergency.

But they may soon find that their preferred economic cure to the coronavirus will long outlive the enemy it was intended to fight.

After all, income taxes were first introduced as temporary measures intended to address a short-term crisis and are still with us today.

As western leaders learned in the Great Depression, and after the second world war, to demand collective sacrifice you must offer a social contract that benefits everyone.”

The only way to achieve the above in a world that is driven by greed is by implementing a universal basic income that is funded by greed. 

We all witnessed the Financial crises. How governments introduced Quantitive easing by issuing billions to banks. It did not stop it from spreading throughout a single economy, the economy of a region, or economies worldwide. Asset prices saw a steep decline in value, businesses, and consumers were unable to pay their debts, and financial institutions experience liquidity shortages.

If we learned anything it was that putting trillions into the mouths of the greedy did not help the poor.  As income inequality continues to grow and the disruptive impact of technology leads to less security and stability for a growing list of industries and careers, a  Universal basic income can protect people from slipping through the ever-expanding cracks in our social safety net.

THE PREPANDEMIC case for a universal basic income is both simple and seductive. 

It is the most efficient way to get money into the hands of individuals and prevent the economy from seizing up completely—and because it largely cuts government bureaucracy out of the equation.

Until this year, it was mostly an idea that lived on the margins of the political mainstream, debated and discussed in academic circles, and overlooked by almost everyone else. Then, as with so many other things, COVID-19 changed everything.


Helping us overcome that challenge isn’t the only thing a UBI could do.

Take, for example, its impact on homelessness, “a guaranteed annual income would also help to make it far less likely that job loss, divorce, family conflict, domestic violence, injury, or illness result in homelessness.

UBI “could be transformational.”

“Beyond defeating the disease, the great test all countries will soon face is whether current feelings of common purpose will shape society after the crisis.”

Humans need work more than work needs us. “Poverty and income insecurity translate into expensive health care needs .“Income is the leading determinant of health.”

But the most important contribution that a UBI could make to our lives is raising our expectations of what governments can—and should—do.

It holds up a guiding point by which to assess government initiatives to alleviate poverty, to reduce income inequality, and to address precarity in the labor market.

Just as we saw a major reassessment of the role that governments should play in the aftermath of the Second World War, we may well see a similar adjustment in the wake of COVID-19.

Dead people don’t pay taxes or contribute to the GDP. They remain in permanent lockdown. 

At least with UBI when a vaccine does arrive you might be able to afford to buy it and make better choices in saving yourself. 

All human comments appreciated. All like clicks and abuse chucked in the bin.

 

 

 

 

 

 

 

 

 

 

 

 

THE BEADY EYE ASK’S. IS IT NOT TIME FOR THE ADVERSTISING INDUSTRY TO BE CURTAILED.

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(Twelve-minute read) 

The coronavirus pandemic has caused a considerable drop in advertising spending however life in the time of coronavirus is increasingly a life lived online which has led to an acceleration of digital adoption and e-commerce.

Our current regulations governing advertising are no longer enough to ensure protection against aggressive sales techniques, false or deceptive ad messages, as well as intentionally incomplete information. The Sale of Goods Act of 1979 under which all advertised goods must match the description advertised on them is out of date. 

In today’s digital era, conventional marketing dictums no longer hold true.

In a nutshell, ‘Everything for everyone, customized’

The very nature of what this industry is about should with the current difficulties facing the world be questioned.

Clearly, there should be a line separating the private from the public, the free from the controlled.

But who should be in charge of drawing this line?  Facebook, Twitter, Apple, Microsoft, Apps, or Laws to curtail the advertising industry from promoting consumerism for the sake of profit.

Just like any other industry, advertising needs regulation.

On one side, we live in free-market times, which means that each product or brand, no matter how big or small, has the right to be noticed but not the right to piggyback on fear – On the other side, not all products and services are equal. Some are neutral, while others might have a negative effect on our health, safety, and overall well-being-  such as gambling- fast food -obesity – cleaning products – damage to ecosystems. 

  1. We realize that advertising should be regulated.
  2. We admit that proper regulation can only be implemented on a state level.
  3. We are as concerned about government data collection as we are with data collection by marketing agencies and brands.

What is mind-blowing is that even with so many organizations, laws, and regulations designed to control the quality of advertising, some brands manage to get around ad regulations using legal loopholes.

You only have to look at BIo it now applies to everything down to sardines in tins. 

It would be an understatement to say that advertising regulation is complex but is it not time with what the world is facing to force it to rethink and stop pigging backing on the problems we all now face.

These days, when massive data breaches have become the new norm just imaging what is going to happen when the advertising media get their hands on promoting a vaccine against COVID -19.

Ad regulations should specify which forms of data collection and tracking are been used in order to consider what is legal and which Ad be banned. As the need for this form of regulation emerges international regulations such as GDPR come into play. The primary goal of such documents is to limit/control the power of ad tech companies, marketing agencies, and brands trying to make the most out of user data.

If not mass, untargeted broadcasting will become passé and data will be at the heart of marketing strategy.

New tracking and data collection technologies make us all more vulnerable and unprotected than ever before.

For instance, if there were no advertising regulations put in place, we will fall victim to the whims of marketers, quickly and inevitably, once and for all.

Brands will use complex combinations of personal data, location data, and environment data to target their customers with the right message at the right time on the right device.

These days, everything changes in a heartbeat. With new technologies, advertising can be as personalized as we allow it to be –  voice marketing.

In the modern ‘attention economy’ where consumer attention is divided across more devices, applications, and formats than ever before, only engaging and relevant ads will command consumer attention.

Advertisers are adapting by following consumers, which means prioritizing digital advertising. The online environment is favorable for “direct response” campaigns – those encouraging quick purchases by consumers.. and technological innovation continuously redefines the landscape of advertising. 

This new era has placed new demands upon marketers. AI and machine learning bring massive benefits to marketing. Digital advertising technology is changing rapidly. New communication technology –including social media, wearables, virtual reality — is turning the advertising industry upside down.

One could argue that many elements of human behavior are going to change permanently and there will be increasing complexity in consumer purchasing decisions but this will not stop advertising from exploration and delivering targeted ads.   

If we want real transformation all companies must find new ways of brand-building by using advertising to create awareness of climate change, pollution, racism, slave labor, etc.  In forests of inaccurate data we can’t make sense of or dark caves of illusory tech that yield no light at the end of the tunnel.

With more and more highly specific marketing there is still a lot to be done in this regard both on national and international levels. – greater transparency in the value chain is required.

A few examples: 

Switzerland: Although the local ad space is small, it is worth our attention. According to Swiss law, advertising lotteries and games of chance are strictly prohibited. In Switzerland, it is illegal to promote pharmaceutical products under prescription in any publicly available media. Health-related and nutritional claims for foods are only permitted if they deliver exactly what they promise.

China: The Chinese advertising market is the second-largest in the world and one of the most interesting in terms of ad control. For instance, brands can be fined up to $157,000 for using statements such as “the best,” “the most,” or similar phrases in their marketing campaigns. Another fascinating fact is that children under 10 are not allowed to endorse or promote within Chinese ads (even if it’s an advertisement for toys!)

Chile: Under Chilean law, it is not allowed to advertise products that are high in calories, sugar, sodium, and saturated fats to children under the age of 14. Brands producing the above-mentioned foods cannot be marketed in schools and are illegal to use in cartoons or toys for promotional purposes.

Ireland: According to advertising regulations in Ireland, any ads that target children under 18 cannot include celebrities. Foods that are high in sodium, sugar, or fats are completely banned from advertising on channels where at least half of the audience is under 18 years old.

All human comments appreciated. All like clicks and abuse chucked in the bin.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

THE BEADY EYE SAY’S. GOLLY GOSH ARE WE BEGINNING TO REALIZE THAT WE NEED TO DO SOMETHING .

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(Three-minute read) 


“WE NEED TO DO”

IS PROBABLY THE MOST USED TERM IN CURRENT DAY CONVERSATIONS – POLTICALY OR OTHERWISE.

Against the background of a doubling of the world population every thirty-odd years, it’s no wonder that we find ourselves facing intractable problems and we need to do something about them.    

The Covid-19 pandemic so far has only killed a mear 800,000 while ongoing wars over 100 million in the 20th century.

We now live in a world of lip service, (used by silent data collection – profit-seeking – algorithms that could not give a shit), are run by corporations, the manipulators of the need-to-do, in order to promote consumption, whatever the cost, long term, or short term. 

The recycling of plastic alone is an example. We are told that we need to recycle plastic by companies that continue to produce it in the trillions of tons.  

I am not sure about you, but I am a little ashamed to be human right now.

Why? 

Because none of our world organizations, governments, the current crop of leaders have at their core a true understanding that we all live and rely upon the planet to be able to kill each other, love each other, and propagate more of us. 

With the COVID-19 pandemic shining a light onto societal and economic systems all across the world, exposing the flaws of a capitalist society we are still driven by greed, religious beliefs, social media, advertising. 

The pandemic-induced health crisis has rapidly ignited an economic crisis with yet unknown consequences for financial stability, and all is being played out against the backdrop of a climate crisis that cannot be addressed by “business as usual.

We are now facing problems all of which have to be resolved at the same time, otherwise, we will simply be solving problems in one place while creating new ones elsewhere.

So golly gosh the COVID-19 crisis is exacerbating all these problems and what are we doing about it other than convene world leaders in a virtual format to seek action and solutions for a world in crisis. (The united nations on the 17 Sep- 5 Oct) 

You can rest assured what we will witness as we did with the Paris climate change is countries promising virtual undertakings, with no means of enforcement, or transparency.   

Some years ago 150 countries set a list of goals to be achieved by 2020 to improve the world’s biodiversity, not one was achieved and humanity is now at a crossroads. 

Why?

Because countries will virtually promise whatever when it does not cost them arm and a leg. Virtual multilateralism is a joke in the extreme when we need value creation instead of value extraction when the pillars of our world are being shaken to the core.

The COVID -19 will cost trillions while reversing climate change will save trillions.

We all know that we need to grasp the opportunity to fix the system. If we don’t, we will stand no chance against – an increasingly uninhabitable planet – and all the smaller crises that will come with it in the years and decades ahead.

It’s used to be challenging and difficult to make predictions especially about the future now its child play  —  BLEAK 

What can we the people of the world do?

We are incapable of acting as one for obvious reasons, but every one of us needs a habitable planet. We could weaponize our buying power to accelerate actions on biodiversity for sustainable development. 

By doing so the world of profit would change. 

What can countries do? 

To realize that we are not as unique as a species and that the risk extinction has never been greater.  Stop god wobbling as there has been nothing like what we are now looking at in human history. 

Don’t trade with countries that breach environmental sustainability.

The like hood of either of the above happening is zilch.     

So the world of profit has to be taped into, in order to reboot the numerous we need to do.

(See the previous posts on a World Aid Commission of 0.05%)

We need to rise up and speak up!

So all I’m saying is that communication needs to start now not tomorrow. 

Transparency needs to start now not tomorrow.

Yes we are all different and what we do with our differences needs to make a difference.

All human comments appreciated. All like clicks and abuse chucked in the bin. 

 

 

 

 

 

 

 

 

 

THE BEADY EYE ASK’S; ARE WE FOOLING OURSELVES WHEN WE SAY UNIVERSAL VALUE’S?

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(Five-minute read) 


Never in history is such a question more important. Unfortunately, we live in a world of distractions.

In my previous post to this one, (THE HARDEST THING OF ALL TO SEE IS ALREADY THERE.)   I attempted to say that the truth has no past.

By this, I meant that the truth is reality, and therefore religion and the state must be separated.

Only then can one hope for value with the same value or worth for all, or almost all, people. A value is considered universal when it goes beyond laws and beliefs; rather, it is considered to have the same meaning for all people and does not vary according to the societies that have evolved. 

 In fact, cultural relativism is a belief that opposes the existence of universal values; proposes that a value can not be universal because it is perceived differently in each culture.

Given the ambiguity of the term, the existence of universal values ​​can only be understood as the values ​​that have to do with the basic requirements of the human being. Such as Fresh Air, Freshwater, Food, Clean Energy. 

Now with AI infiltrating our lives, it seems that the faster we travel, the importance of there place is getting lost.

It seems because there are no universal moral values, our command of science simply can not coexist with morals, and our internet fed imaginations 

We talk about the central issues of our times: A universal pandemic, an economic depression, continuing wars, climate change, migration, artificial intelligence, rising inequalities, erosion of the power of the vote, loss of individualism, loss of connection to ecosystems, to mention just a few of the problems to define any values that are universal.

We have many governments doubling down on the blame game and brinkmanship. 

We have bioengineering which alone is now much greater danger than a nuclear war. 

We have the maldistribution of wealth. 

We have world leaders unwilling to see beyond the next election. 

We have the extinction rebellion. 

We have non-transparent digital data.

We have 10.000 to 130,000 species going extinct each year.

We have a population of 7.7 billion   

We have extreme weather and biodiversity loss.

I ask myself why is it that with so many of us tryin’ to improve society, not that much changes but I hope that we don’t make changes to satisfy the noisemakers.

Rather than separating one problem from another, we need to connect them.

i.e. Climate changes to war and war to climate changes. 

The question remains.

> How do we the current guardians of the planet achieve a balance between living our lives and the life of the planet, that allows us to live them in the first place. 

 It is no longer that logic alone will solve the problems, nor protests, or political will but within functional societies, we do still have the ultimate weapon – VIEWING AND BUY POWER  and both are available in every type and form of human culture.

They must be added to the deep emotions of religion if we are to achieve change.

The life of now economies and pay later must come to an end if we are to avoid the hazards of the future. 

If Extinction Rebellion wants to be heard, it will not do so on top of bamboo towers stopping newspapers to be deliveries, or sticking themselves to windows. 

It must use social media digital platforms to encourage its supporters to use their buying power to attack profit for profit sake. 

Certain human characteristics as valuable – life regardless of whether or not it is believed in said characteristic.  

PROFIT WITHOUT CONTRIBUTION TO UNIVERSAL VALUES IS THE ENEMY. 

With these weapons, we can effect change and avoid the hazards to come.

All human comments appreciated. All like clicks and abuse chucked in the bin. 

 

 

THE BEADY SAY’S ; THE HARDEST THING OF ALL TO SEE IS ALREADY THERE.

 

(Five-minute read) 


You don’t have to be told when you look around at the world, you are looking at the same things since time memorial – the blue sky – the land – the sea- the sun.

However, everything you have seen, heard, felt, emotionally, or not, are your cells communicating with each other, helped by trillions of nanotechnological machines.

It is true to say that the truth has no past.  Reality is what it is. 

However these days, we see the world with a completely different set of eyes.

Eyes that are subject to the mental filter of black and white conclusions, made by algorithms. man kneeling beside electronic devices

This binary perspective serves to negate what is really happing in our world. It lacks historical awareness, which is creating isolation that can be literal or psychological.

We hear talk about your values, my values, “democratic values,” the “values” of this or that community, “values clarification,” “changing values,” and many dozens of different employments of the term.

Now, of course, the very ubiquity of the term might mean that it is valuable — perhaps even invaluable. Or it might mean that “values” is an overvalued, inflated — and perhaps even a well-nigh worthless — coin of communication. I take the latter view.

Take a look around you. What do you see?

You might see smartphones, I Pads with shining, colorful screen, all data-driven by unseeing algorithms, trapping us in corsets of addiction, for-profit sake.

The word is ubiquitous in the present-day discourse of Climate change -COVID -19 -inequality, ongoing wars, all global problems.

It is — to cite only one example among many — important to know that a particular person “knows the price of everything and the value of nothing.” And yet there is something wrong with the term “values,” at least as that plural noun has come to be used in our culture.

What is wrong, I believe, is this:

“Values” functions as a catchall term to cover many different sorts of things that we would do well to keep distinct. “Values” covers and includes things ranging from the basest sort of self-interest to minimal moral scruples to the noblest ideals. As such, “values” can include anything — indeed everything — from personal preferences or tastes, unexamined prejudices, individual aims, and group goals, to religious convictions and moral principles.

Present value is the concept that states an amount of money today is worth more than that same amount in the future. In other words, money received in the future is not worth as much as an equal amount received today.

They are having little and less influence on how we see the world. 

Why?

Because we are becoming less and less connected with surrounding influences and conditioners, either they are absent or because they are countered and controlled by other forces like the personalized advertising industry. 

Now, of course, we have global organizations, countries governments, both to take a broader view of the problems.

And it’s true to say that vision is a complex process. The brain has to do a lot of work to take a picture and all brains see things differently.

Since our current technologies are advance exponentially ever few years our future habitat on earth will look entirely different. 

Against the present backdrop, our current concerns about the world are therefore nieve, of no value put on anything is able to shed individualism.

There is one six-letter word that we can and should do without. That word is “values.”

On the other hand, there is nothing wrong with the word “value” — the verb and the noun — nor with its cognates “valuable,” “evaluate,” “evaluation,” etc.

We would be pretty well lost without them. 

The present Pandemic hopefully will reshape what we need to value – Freshwater /Air/ Nature/ Life in all its forms, color. 

We cannot hope that consumerism profit generosity will save the children, donkeys, ecosystems to climate change.  

We must make it so by applying a world Aid commission of 0.05% on all activities within the global economy that operate for profit sake.

( See previous posts)  

If the present Corna virus pandemic is teaching us anything it is that our present-day values are worthless. 

Your data, your cookies are not your future. 

You might have started out 100% human but by the time you die you are 95.5% alien.  Another word only 0.25% human. 

 

All human comments appreciated. All like clicks and abuse chucked in the bin.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

THE BEADY EYE ASK’S. IS IT TIME FOR A UNIVERSAL BASIC INCOME?

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  (Six-minute read)  

The current situation in the world is long past returning to normal.

One does not have to be blind or wear a mask or even take the knee to realize that Covid-19 and AI are the core reasons for the introduction of a basic income.Americans' Attitudes About Reopening for BusinessNo amount of interventions that will and are costing billions if not trillions will, in the long run, make any difference because of inequality the single most common cause of civil unrest is still with us. 

Before we all end up in the frying pan it is imperative that we tap into greed, the driving force of our world.

Many societies need to rethink their political and economic structures. 

There is not much argument about the ultimate importance of either, Climate change or the forthcoming Economic Depression or the continuing COVID -19 pandemic or for that matter the resulting of trade wars.

The dangers are now clearly identified. 

We are on a path to unimaginable consequences.

The tensions arising can only be managed if people’s lives are supported by a universal basic income that is constant, unconditional regardless of anyone’s financial situation.

The tension from the competing perspectives, cannot be managed because of the forthcoming unemployment, and immigration, which will make the related political priorities academic without financial security.

The only way to secure an enduring solution for the common good is to make all online activities pay for a Universal Basic Income by placing a commission on all activities that have profit for profit sake at their core.  

A Universal Basic Income is more effective and less bureaucratic than most targeted benefits schemes such as Social Welfare payments like Universal Credit, which often fail to reach all their intended recipients and have had numerous problems over the past few years.

Because of advances in artificial intelligence (AI)  and the economic depression, we now in the infancy of dealing with millions becoming unemployed.

There will no return to contemporary life instead we need to refashion normality itself.  

A Universal Basic income will potentially offset the disruption to the transfer of an economy that is run by profit-seeking algorithms but by people’s needs. 

Surely it is clear that we must stop fooling ourselves with the ideology of the free market who’s dip down benefits are drying up. 

We are seeing the abject failure of most countries to either prepare or handle a pandemic that has been forecasted years. This is because we humans will cut down the last tree, in the hope that another will grow.

Economically, it’s a no brainer, discounting the future. 

So the question is: Are we humans capable of enacting and successfully planning for the long term?    

Is the time for taxing the companies that benefit most from AI to fund such a  program?

TAKE ENGLAND FOR EXAMPLE.

To rejuvenate the nation’s economy.

There are nearly five million self-employed workers in Britain along with around six million small businesses, which are the most threatened by the economic downfall of COVID-19.

Coronavirus is keeping people away from work and forcing the government to take extraordinary measures to ensure people can still stay afloat and make ends meet.

Businesses are closing down – but it is also reducing demand for people who want to go out and work.

The Jobs Retention Scheme, where workers are paid 80 percent of their salary by the Government cannot last forever.

How much would Universal Basic Income cost the UK?

Financing this type of program through taxes: 46% say they would be willing to pay higher personal taxes to fund the program and 54% say they would not be.

But in fact, to ease the pain of the AI revolution it would not be necessary to increase taxes if a commission was placed on all online activities.

The astronomical profits being made on the back of the current pandemic by Amazon, Apple, Facebook, Twitter, Microsoft, and they’re like is unsustainable in a world plage by poverty.

For example Facebook.

On average a Facebook user will open the Facebook app 7 times a day with an average use of 60 seconds per session.

There are approximately 44.84 million residents of the United Kingdom (UK) used Facebook. By 2022, the share of monthly active Facebook users is projected to reach 62.44 percent of the total population.

More than half UK pensioners now on Facebook. Facebook use is prominent among high-earners. 

It makes most of its revenue from advertising at the average cost per click for a Facebook Ad across all industries of around $2.00 to be the benchmark number.

WhatsApp users average a whopping 74 sessions on the app per day, with each session lasting around 25 seconds. Instagram users only access the app an average of three times a day for around 60 seconds each time. Amazon shoppers also access their app a lot, with around 74 sessions per day each lasting around 25 seconds, however,

  • (37.4 million UK adults use Facebook regularly 32.1 million UK adults use YouTube regularly15.5 million UK adults on Twitter 7.9 million UK adults on LinkedIn 6.7 million UK adults on Flickr)

 Profits are booming so there is no excuse to ignore how people are struggling here.

Within the UK’s population of around 66million, 50 million would most probably be eligible to receive a UBI.

Plans differ on who receives the income.

Some would pay every citizen, regardless of income. Others would only pay those who are below the poverty line, whether they are working or not. One proposal would pay just those left jobless due to robotics.   

The direct impact of the virus (that is, impact on health) remains starkly evident in public. Now there is a tradeoff between two issues — containing the virus and restarting the economy. 

It is almost impossible to do not to do both things at the same time in a measured way.

The two courses of action in a single question are complicated because the underlying issues are complicated.

It is “an affordable and feasible response to coronavirus  There are ways to ensure that all citizens are the recipients of                 

The coronavirus is “strengthened immeasurably” the case for Universal Basic Income for the common good.

It doesn’t make sense not to make profits that are generated by mobile apps to pay for UBI.

A different world is possible, a more equitable and sustainable society less obsessed with growth and consumption 

There may well be confused about what kinds of action actually make a difference and what should be done now and by whom. 

A system that creates inequality, insecurity, and unsustainable practices requires fundamental changes in multiple dimensions. 

Yes, we must profoundly change the relationship between humans and nature. 

What parts of the status quo are truly collapsing and what parts remain firmly in place and who is affected by all these changes?

The competing values will define our systems for decades to come but only if we harness greed.   

If we allow our selves to be turned into the sacrificial crows of data we can kiss our arses goodbye into the black hole where no sun shines.

(Limited test programs of the UBI idea have occurred in Finland and Canada. San Francisco. )

All human comments appreciated. All like clicks and abuse chucked in the bin. 

 

 

 

 

 

 

THE BEADY EYE ASK’S: WHEN, WHERE, AND WHY ARE WE FUCKING UP THE WORLD WE ALL LIVE ON?

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(Four-minute read) 



If one takes a look at the state of the world which has gone through two world wars, numerous pandemics, natural disasters, you could say that its present state all boils down to us, our sense of belonging, our values, our separate cultures, greed, and power.

There is little point at this present moment in us dragging up our past history to ANSWER these questions other than it shows that colonization and slavery contributed to the world’s woes and that we are unable to act as one.

Take climate change.

There is no hope of reducing co2 emissions until we understand what being a human being means. 

Until we begin to understand each other there is no hope of tackling any of the current world problems.

So in this post, I am concerned with what has happened in recent times to produce the current century of a world preoccupied with crisis management.   

9/11 is my starting point.

Without understanding that Muslims believe that Allaha is the ultimate arbiter of their existence 9/11 was rightly or wrongly declared an act of war against Iraq.

Since then we’ve all been living in the shadow of the World Trade Center that unbridled the economic, cultural, and military power of the US –  America First.

The result is continuing wars Iran, Syria, Yemen, Afghanistan that are not clashes of civilizations but a clash of ideologies, values, and cultures.

Take Isreal- Palestinian.   

It has been referred to as the world’s “most intractable conflict”, with the ongoing Israeli occupation of the West Bank and the Gaza Strip reaching 52 years.

There can be no peace between Muslims and Non-Muslims because what is happing in Israel goes beyond it.

The world is now preoccupied with crisis management so even if the Palestinian case is settled it won’t stop there. 

Worldwide wide it is consumerist capitalism versus religion and tribal fundamentalism.

So if religion determines what we believe what does race tell us?

Nothing when it comes to  COVID-19 it is non-races no matter whether you are Muslim or Christian the price of faith means nothing if you are dead.

All of us no matter what race you are, Black or White, Christian, Jews, Muslim,  Buddhist, Hindu, call ourselves after the country we are born in only if the expression of religious beliefs is enshrined in the countries constitution with equal rights and freedoms. Where one can be our race and practice our religion.

 A sense of self maybe? 

Perhaps it is a race that makes us different from others.

The Irish were considered as being subhuman to the British many years ago before the Great Famine in the 1800s.

Lived segregated cultural traditions do not work. 700 hundred-odd years later, even in a Europen union setting Northern Ireland remains a divided society by religious beliefs, and a border created by colonization.    

I’m American, I’m European, I’m Chines, I’m Irish, I’m Jews Irish, I’m Israelian, I’M Arab,  I’m Israelian, I’m Palestinian.

If we were paid a visit by another race that was intelligent to get here in the first place they would not give an F…  what race we were or had been. 

Not until the human race understand that is one race will there be any hope in addressing the present problems we all face.     

This will remain so till there is a solution to the Israelis and Muslim Palestinian conflict which in my opinion can now only be solved with a one-state solution, not two-states which has no hope of removing the inherent flaws and injustices or resentment of both sides.

All are intertwined forces that are both tearing apart and bring together the world.

What am I saying here is that the Middle East conflict is not just over religion or race it is also over land.   

The 9/ 11 atrocity claimed nearly 3,000 lives and shocked the world but now many people are unable to remember the date of the tragedy – 11 September 2001 – 19 years ago the beginning of the Iraq invasion. An invasion that totally and utterly did not understand that Islam is not their religion, it is their life and remains so to this present day. 

Instead of world leaders making an effort to prevent the Iraqi invasion according to Mr. Bush, there were no options but to use force which has now lead to one of the most inhuman periods in our recent history. 

Recent work also shows that Islamophobia in the West is abetting the Islamophobia in China, with global leaders willing to stay silent about the treatment of Muslims.

These days what one hears over and over is the phrase ” What is needed is “

On top of this, we now have a world pandemic, climate change, America, and Britain first, the erosion of any long term policies by social media, the smartphone, and unregulated artificial intelligence, with religion shrinking in a digital world run by Five Titanic digital companies, run for profit.

It might not be possible to carry on in a world of two deities God and Allah. 

If you ask me it’s all ridiculous the last ones standing to go to heaven and who will be there to greet them, is God, Allah, or Jesus?  It just doesn’t make sense, intellectual, religious-philosophical, or any other sense.

 The world whether it is China and the Muslim or whatever has to come together in new ways.

Wars that are now seen by moderate Muslims as virtually and ultimately as a war against Muslims and Islam across the ethic board.


What does the word Islam actually mean?

It means surrender.

And if we want a world worth living on, surrender is what we will all have to do in the end.

Shalom in Hebrew means peace.

Hebrew: shalom aleichom meaning-peace be upon you.

Arabic: salam alaikum meaning-peace be upon you. 

So take the knee, not to race, not to religion, but to the planet. 

All human comments appreciated. All like clicks and abuse chucks in the bin.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

but despite the bad press, Islam gets its a religion with enormous wells of compassion that is not promoted in the west.  

 

 

 

 

 

 

 

 

 

 

 

 

 

THE BEADY EYE ASK’S IS ENGLAND ENTERING A GOLDEN ERA IN MORE WAYS THAN ONE?

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    (Four-minute read) 

Here is a country that is losing its marbles.

In an interconnected world where there is no such thing as sovereignty because globalization means that nation-states submit themselves to international treaties and international agreements that are not always in their best interests.  

The recent economic crisis that started in 2007 and now the coming economic depression and the continuing pandemic will prove that sovereignty of nations being subsumed by international bodies cuts both ways as the global economy is tightly interconnected and hence, cannot be regulated by nations in isolation.

Here is a country that on 30 June 1997,  the final embers of its empire came to an end with the 99- years lease on Hong Kong’s New Territories.

Never before has a country passed a colony directly to a communist regime that does not even pretend to respect conventional democratic values.

However the British Empire – for all its messy crimes and misdemeanors – was equally praiseworthy.

The empire was and is not just a story of domination and subjection but something more complicated: the creation of novel or hybrid societies in which notions of governance, economic assumptions, religious values and morals, ideas about property, and conceptions of justice, conflicted and mingled, to be reinvented, refashioned, tried out or abandoned.

The question is are we now to witnessing the final act. 

The non-recognition of England is already being used by its national broadcasting company the BBC referring to England as the four nations.  

In fact, England is already fragmented.

English nationalists if such a thing exists appear to be blind to the breakup of England.

Today, a hundred years on, the world is witnessing remarkable self-destruction in England.

An uneasy transition has or is taking place, from a decaying colonial legacy to a country that sees life through platforms like Facebook, Twitter, Snapchat, and Instagram lies, manipulation, in every area…..with a global crisis forming, which is not just a Pandemic but an Economic depression with mass unemployment.

The question now is whether British people can continue to play their part in the development of the modern world. 

It has to pump trillions of quantitative easing money into its banks at the cost of ten years of Austerity. Dumping the EU its largest market on the results of a non-legally- totally false informed non legally binding referendum while building two Aircraft carriers and replacing worthless nuclear submarines, while 8.4 million its people alone are living in sub-standard housing with 400,000 people are either homeless or at risk of being homeless relying on foodbanks. 

The people themselves – about half who no longer give a rat’s a— about England, who are now hellbent on their smartphones, Ipads, creating an unrealistic, relativistic, melting pot utopia.

These people will be living on the English purse for some time, not the stuff of which national pride is made. They have other priorities dedicated to its demise. 

One would have to wonder why migrants risking life and limb to get here. 

Perhaps it because all the servants are leaving. 

These are the strange things happening, that demonstrate quite clearly what is wrong with Britain – and, probably, the rest of the ‘developed’ world, both devotion to business and profit, not people. 

“We convinced many countries, many countries – and I did this myself for the most part – not to use Huawei because we think it’s an unsafe security risk,” the US president Donald Dump said.

(This is a man who seems to wake up every morning wondering what controversy he can provoke, what headlines he can create.

Diplomacy, or the lack of it, can be a complicated business. We’ve learned that from observing Donald Trump.

Both his campaign and presidency is marked by bursts of false and outrageous allegations, personal insults, xenophobic nationalism, unapologetic sexism and positions that shift according to his audience and his whims.

This is a man far more consumed with himself than with the nation’s well-being.

From that moment of combustion, it became clear that Mr. Trump’s views were matters of dangerous impulse and cynical pandering rather than thoughtful politics.)

With the UK now becoming the US junior partner, (one of the most unreliable partners for any country) who cares when a phenomenal’ trade deal beyond Nigel Farage is promised, providing it sends its new aircraft carrier Queen Elizabeth to the South China Seas with American warplanes, and supplies the Arabs with bombs to finish off Yeham.   

It’s one thing to get rid of the Chinese firm Huawei and its 5G infrastructure and in return to sour the world’s second-largest economy behind the US, which has more money in the bank than any other country. 

Indeed three of the world’s 10 biggest sovereign wealth funds are Chinese, together holding more than $1.5tn (£988bn) in assets.

Not too long ago the UK was one of China’s favorite places to invest – not anymore. 

Beijing’s ambassador to London, Liu Xiaoming, warned: “China wants to be UK’s friend and partner. But if you treat China as a hostile country, you would have to bear the consequences.”

 China operates an Authoritarian form of capitalism against Anglo – American capitalism which is the root of the problem. Global supremacy.

China’s investments may well be subordinate to its National Development and reform commission, but the staggering truth of Huawei is that the US does not want China to be a superpower when it comes to technology.

With the pandemic being used to push the protection of businesses the world population will eventually be tracked.  

Both the US and England might well end up as viewed as failed states due to the handling of the COVID-19 with both countries ending up with up distant and withdrawn people far from enhanced by COVID-19.

Not too long ago, the UK did a 79 million deal to import pig semen from China for stemcell research.

Its not stemcell research it needs. It needs a lot of fixing but isn’t that what the next four years are going to be about?

What is needs is some Face Recognition and a written constitution.  All human comments appreciated. All like clicks and abuse chucked in the bin.

THE BEADY ASK’S: IS GREEN ENERGY REALLY GREEN?

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(Ten-minute read) 

If you thought that governments’ new energy grants are going to solve all our energy woes think again. 

One of the greatest problems with green energy like fossil energy is that it is controlled by the energy giants. The very term Carbon Footprint was introduced by BP.  

If green energy had the ability to produce electricity and placing it in the hands of the people rather than those of oil, gas, coal, and utility companies, we would than see its benefits.

It could also lead to some fundamental changes in the way we consume energy.

Electricity access is essential to people’s lives but cost equals pollution.

We need to start shifting our use of energy to when it is there and available rather than shifting the energy production to match our use.

There is already solar technology that allows the establishment of Solar-powered mini-grids, and it is essentially mini-grids are independent, decentralized electricity networks that can function separately from a national grid.

They can generate electricity for local consumption.

When combined with efficient and environmentally sustainable battery storage, solar mini-grids present a compelling economic case.

By 2050 we will still be getting 75% of our energy from fossil fuels’ – it is

estimated that by 2040, the world’s energy consumption will have increased

by almost 50% so watch this video below and tell me is to days rush to move

to alternative renewable energies, such as biomass, geothermal, tidal or

wave, solar, anaerobic digestion really green?

By then with climate change, the demands for cooling will outstrip the demands for heating.

There can be no doubt that implementing a shift in where we get our energy from is one of the grand challenges facing our planet today.Since commercial oil drilling began, we have sucked over 135 billion tonnes of crude oil to drive our cars, fuel our power stations and heat our homes (Credit: Getty Images)

 
In the two videos below, you will see growing evidence of the non-inclusion of social conscience in the name of renewable energy development, as well as severe environmental damage, with fossil, fuel investment unmasked, exposing the dark side of renewables.

The question is:  Are we all been taken for suckers when we hear that renewable energy is clean, that electric cars will save the world by not contributing to greenhouse gas emissions and climate change.

How to quantify the overall environmental impact of energy technologies has actually been a subject of the academic literature for some time.

Engineers use a process called life cycle assessment to count up all of the interactions between a complete energy system and the environment.

For example, life cycle assessments of electricity generation typically consider power plant raw materials extraction, plant construction, fuel extraction, fuel processing, fuel delivery, fuel combustion, electricity transmission, and other upstream and downstream processes in order to paint a complete picture of the energy and emissions required to produce and deliver a unit of electricity.

There is no argument that total GHG emissions from natural gas, oil, and coal electricity are far greater than those from any renewable energy technology.

Even if it takes more energy and emissions to build a solar farm than, say, a natural gas power plant, the fact that the solar farm produces zero emissions during operation causes it to be cleaner overall. The same holds for all other forms of renewable energy—and nuclear to.

The facts are out there and they clearly show natural gas, oil, and coal electricity emissions vastly exceed those from renewables and nuclear.

But the question remains.

Every day, our species chews its way through more than a million terajoules of energy.

Humanity’s hunger for energy will reach unprecedented levels.

It is estimated that since commercial oil drilling began in the 1850s, we have sucked up more than 135 billion tonnes of crude oil to drive our cars, fuel our power stations, and heat our homes.

So let’s look at six of the main contenders.  

Biomass – Recently-living natural materials like wood waste, sawdust, and combustible agricultural wastes can be converted into energy with far fewer greenhouse gas emissions than petroleum-based fuel sources. That’s because these materials, known as biomass, contain stored energy from the sun.

Biofuels – Rather than burning biomass to produce energy, sometimes these renewable organic materials are transformed into fuel. Notable examples include ethanol and biodiesel. Biofuels provided 2.7 percent of the world’s fuels for road transport in 2010, and have the potential to meet more than 25 percent of world demand for transportation fuels by 2050.

Hydropower – Also called hydroelectric power, hydropower is generated by the Earth’s water cycle, including evaporation, rainfall, tides, and the force of water running through a dam. Hydropower depends on high precipitation levels to produce significant amounts of energy.

Geothermal energy – Just under the earth’s crust are massive amounts of thermal energy, which originates from both the original formation of the planet and the radioactive decay of minerals. Geothermal energy in the form of hot springs has been used by humans for millennia for bathing, and now it’s being used to generate electricity. In North America alone, there’s enough energy stored underground to produce 10 times as much electricity as coal currently does.

Solar power – The most prevalent type of renewable energy, solar power is typically produced using photovoltaic cells, which capture sunlight and turn it into electricity. Solar energy is also used to heat buildings and water, provide natural lighting, and cook food. Solar technologies have become inexpensive enough to power everything from small hand-held gadgets to entire neighborhoods.

Wind power – Air flow on the earth’s surface can be used to push turbines, with stronger winds producing more energy. High-altitude sites and areas just offshore tend to provide the best conditions for capturing the strongest winds. According to a study published in the Proceedings of the National Academy of Sciences, a network of land-based, 2.5-megawatt wind turbines in rural areas operating at just 20% of their rated capacity could supply 40 times the current worldwide consumption of energy.

Nuclear 

Its problem is the radioactive waste and its disposal. 

These energy resources are renewable, meaning they’re naturally replenished and they utilize energy sources that are readily available however I suppose that there remain three pertinent points when it comes to renewable green energy.

Availability – Cost – Sustainability.  

‘How do I know if green electricity is really green?’

Leaving aside that some renewable energy technologies might produce more overall emissions than fossil fuels because they cost so much if you don’t have control over the type of energy, and its cost it’s equivalent to the pollution with all of us condemned to global warming.  

Take Solar thermals for instance. 

Really good but if it costs twice as much as burning coal the manufacturing cost was all dirty energy to produce clean energy…If you had a solar cell that took two Joules of dirty energy to make it and it only returned one Joule of clean energy in its life—it’s a loss…

Hydropower/Dams 

Have environmental impacts, presenting social sustainability issues.

Wind and solar energy are highly dependent on the weather – and the time of day. 

Fossil fuels have one major advantage over renewable energy sources – they are very easy to store and transport. Green energy requires the energy to be transmitting over long distances and currently, there is no easy way to store the electricity produced by wind or solar energy for appreciable periods of time.

Battery technology is not yet good enough to efficiently store large amounts of energy. This is an area that is really ripe for innovation and we are really only at the start of deploying and testing potential solutions.

The supply must match the demand.

So we have a quandary, do we continue to develop super grids like large-scale wind and solar power stations in the Mongolian Gobi desert or the Sahara, in the sea, or on land not suitable for agriculture or establish Solar-powered mini-grids with power-sharing deals. 

One of the biggest challenges is how to transport electricity to people where and when it is needed (Credit: Getty Images)

Nearly a quarter of the natural gas consumed in the European Union comes from Russia far from green. 

As new technology is developed it will shift the geopolitics of energy, It will change relationships between not just countries but cities, towns, villages, and apps. 

A major energy transition is underway, creating opportunities while increasing uncertainty and developing the need to ensure sustainability, affordability, inclusiveness, and security.

By many measures, the world is still in the early stages of a deep and profound transformation in energy and industrial and agricultural processes. This transformation will not be easy, for mobilizing meaningful economic change is rarely a simple process that proceeds without opposition. 

So where are we at the moment the vast majority of the country – nae, the world – is dependent on fossil fuels which are contributing to the destruction of the Earth’s atmosphere and ultimately our planet? 

So throughout the course of our lifetimes, we can expect some big changes.

A large amount of responsibility falls to major energy suppliers who rely heavily on policy initiatives to drive deep decarbonization. Thinking more clearly about power and stimulating that broader narrative are the purposes of this post. 

All human comments appreciated. All like clicks and abuse chucked in the bin.

 

 

 

 

 

 

THE BEADY ASK’S THE QUESTION TO WHICH THERE IS NO ANSWER: WHERE IS THE WORLD GOING?

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(Twenty-minute read) 

The answer lies basically in this question -why is it that governments can afford a fighter plane, but teachers need to hold a bake sale to buy school supplies.

Understanding how the balance of payments work is key to understanding the monetary leverage that one country holds over another. Based on the modern method of money creation, the functionality of the balance of payments is really a zero-sum game.

Wealth used to be defined as the accumulation of human time and labor.

This is why human time and labor are consolidated under ideologies (eg. Socialism, democracy, communism, etc.), which are framed with borders around cultures, religions, and historical significance. Time and labor are consolidated as a measure of GDP.

World GDP can now be considered the measurement by which human time and labor are used to manage the debt which is a product of the money creation process.

As Yanis Varoufakis says ” It is pointless to continue to do macroeconomics analysts focusing on a single country”  “It is not any more trading volumes or fiscal data it is the ebb and flow of financial capital”

There was or there is no need for the Coronavirus to expose still more flaws in economic structures. Inequality is to be seen in foodbanks, people sleeping on the street, the color of your skin, not least the increasing precarity of work, owing to the rise of the gig economy and a decades-long deterioration of workers’ bargaining power.

A Clap will not save nine, but thanks to Covid-19 the bastions of global Capitalism are on hold.  

There has never being a more important time to effect change to Capitalism.

So will or can we use the current state of emergency to start building a more inclusive and sustainable economy.  

If we don’t, we will stand no chance against the major crisis – an increasingly uninhabitable planet – and all the smaller crises that will come with it in the years and decades ahead.

Capitalism is facing at least three major crises.

A pandemic-induced health crisis that is rapidly igniting an economic crisis with yet unknown consequences for financial stability and all of this is playing out against the backdrop of a climate crisis that cannot be addressed by “business as usual.”

The COVID-19 crisis is exacerbating all these problems with governments playing a leading role, in delivering immediate solutions in the short term. However, the solutions are still not designed in such a way as to serve the public interest over the long term, and therefore they will not lay the foundation for a robust and inclusive recovery.

With reports on the seriousness of the coronavirus evolving each day if not each hour, the eyes of commerce are on epidemiology.

The effort to develop a COVID-19 vaccine could become yet another one-way relationship in which corporations reap massive profits by selling back to the public a product that was born of taxpayer-funded research.

The ongoing coronavirus crises are forcing governments to cash out in order to keep businesses, workers, and their economies afloat, but extending loans to businesses at a time when private debt is already historically high. Flooded the world with liquidity without directing it toward good long term investment opportunities like renewable green energy will result in the money ended up back in a financial sector that was (and remains) unfit for purpose.

The ability of companies to service any of this debt is debatable never mind the economies of countries.   

This time, rescue measures absolutely must come with conditions attached, bailouts should be designed to steer larger companies but to reward value creation instead of value extraction, preventing share buybacks, and encouraging investment in sustainable growth and a reduced carbon footprint.

It was the high private debt that caused the global financial crisis in 2008. The result of this has been to erode the very public-sector institutions that we need to overcome crises like the coronavirus pandemic.

On top of these self-inflicted wounds, an overly “financialized” business sector has been siphoning value out of the economy by rewarding shareholders through stock-buyback schemes.

If one really looks at Capitalism at its basic modeling – its beating heart is profit for profit sake.

To day’s Capitalist Economics is set up with this mantra, not to serve people’s needs, or to protect the environment, or to spread the rewards, rather to enslave people to the world of consumption- produce something at the lowest cost to produce the highest profit.     

Apart from the tragic human consequences of the COVID-19 coronavirus epidemic, the economic uncertainty it has sparked will likely cost the global economy trillions in 2020, the UN’s trade and development agency, UNCTAD, said on Monday.

What is clear is that if politics and trade wars emerged as uncertainties in recent years, now a third leg in the stool holding up global confidence has suddenly gone wobbly.

It is also clear this is going to be a slow-rolling, highly consequential event, that has all the ingredients required for internal strife in many countries.

It is clear that if we keep exploiting wildlife and destroying our ecosystems, then we can expect to see a steady stream of these diseases jumping from animals to humans in the years ahead.

It is clear that we need to invest in ending the over-exploitation of wildlife and other natural resources, farming sustainably, reversing land degradation, and protecting ecosystem health. 

It is clear that the virus is already robbing the world of carbon reduction and it’s only a matter of time before climate change dwarfs the impact of COVID-19.

It is clear that all country’s fates are intertwined.

It is clear that if there is some message here, it’s that this is totally predictable other than without proper oversight, that AI may replicate or even exacerbate human bias and discrimination, cause potential job displacement, and lead to other unintended and harmful consequences.

It is clear given the growing importance of this powerful technology, AI regulation should not be designed in a haphazard manner. As governments struggle to keep up with the unprecedented speed and scale of technological change, companies are facing a crisis of trust amid the growing “techlash” and are increasingly being called on to self‑regulate the technology they are developing and deploying.

It is clear despite vast efforts worldwide to address the symptoms of the coronavirus pandemic, the root causes have been largely ignored, to rebalance the needs of people, the planet, and animals.

It is clear that there’s a lot still to learn about the virus – and therefore how extensive its impact on the global economy could become. Some of the most basic aspects of the virus remain unknown. It all depends on the eventual scale of the epidemic, and at any given point, no one has been able to say whether it has peaked. We don’t know whether it will burn out, like SARS, or come back seasonally like the flu.

It is clear that the impact on markets not to mention human behavior is far from normal never mind the new normal. We are operating in the uncharted territory and the stark reality is that we as a species are unable to act as one. 

It is clear that the last thing we need to hear from brands is that we all in this together. They are simply trying to remain relevant and in demand. They need to rethink engagement data-driven empathy no longer cuts the ice. 

It is clear that Humanity must become the killer app.

It is clear that we’re living in a world of transparency and in such a world inequality cannot be tolerated.

It is clear that nowadays, it is no longer enough for a business to figure out how it was going to turn a profit. The social goals of the business – are not mere “add-ons or marketing ploys” they must be “part of the DNA of the business.”

It is clear that an unregulated algorithm-driven world will put its riches into the hands of the few. 

The problem that we have is not globalization it is a lack of global governance, a lack of means to address global issues.

To solve social problems such as pollution, poor nutrition, and poverty, climate change, you name it there is only one solution.

At the end of Yanis Varoufakis, The Combination That Changed Capitalism Forever, he promotes the establishment of what he calls a political movement that he calls a progressive international movement that is globally and act like activists locally by using purchasing power, he also puts forward a vision of Capitalism where there is no stock exchange, replaced by private ownership and Greene every bonds backed by treasuries.

The green energy bonds are a must So the young generation is able to buy into the process that creates their destiny. 

Purchasing power as an economic power to effect change, unfortunately, is visible and like all things that are visible will not work due to greed, cultural differences, etc.     

THE SOLUTION MUST BE INVISIBLE AND APPLICABLE WORLDWIDE.  

To create a perpetual ongoing fund that spread the cost fairly to tackle climate change and inequalities worldwide. 

Make a profit for profit sake pay by placing a 0.005% commission on all, Hight frequency trading, on all foreign exchange transactions over £50 thousand, on all sovereign fund acquisitions, on all gambling and world lottos, on all consumption advertising, on all dividend payments.   

Profit for a Purpose- with-Purpose.

Nearly a third of the world’s oceans and land areas could be placed under environmental protections without harming the global economy.

You cannot put a price tag on nature, but a recent independent report, commissioned by the Campaign for Nature charity, found about $140bn (£110bn) a year would be required by 2030 to place 30% of land and sea under protection.

Achieving the target of 30% protection would lead to increased economic output of between $64bn and $454bn a year.

The benefits to humanity are incalculable and the cost of inaction is unthinkable. 

To younger generations, the state of the planet is even more alarming but if they
don’t get their proveable faces out of their smartphones and their fingers out of where the light shines we all going to witness horrors unimaginable. 

It is clear that a coalition of old folks in the establishment won’t cut it.

All our efforts have to be inclusive, integrating all stakeholders, the earth and all that live, grow, and die on it.

All human comments appreciated. All like clicks and abuse chucked in the bin.