Category Archives: Capitalism

THE BEADY EYE ASK; IS THIS THE FIRST SIGNS OF WHAT THE UK WILL DO WITH REGULATIONS ON LEAVING THE EU.

15 Wednesday Jan 2020

Posted by in #whatif.com, Brexit., Capitalism, Environment, Post - truth politics., Reality., The Obvious., Transition period or Implication period., Unanswered Questions., WHAT IS TRUTH

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(Two-minute read)

It stinks on more than one front.

Connectivity is only a smokescreen for state aid in breach of EU regulations.

The chancellor, Sajid Javid, said: “The reviews we are announcing will help level up our economy. They will ensure that regional connections not only continue but flourish in the years to come – so that every nation and region can fulfil its potential.

Unadulterate bullshit.

The aviation sector has got away for years with increasing its carbon footprint. The last thing we need is another incentive for them to pollute more.

A possible government deal to cut the cost of flights to save regional airline Flybe is “the exact opposite” of what is needed to tackle climate change.

Connect Airways, paid just £2.2million for Flybe’s assets but pledged to pump tens of millions of pounds into the loss-making airline to turn it around.

Of course, this never happened if it did it would not now be looking to defer a few million for three years.

Cyrus Capital Partners is based out of New York it is a large advisory firm with 33 clients and discretionary assets under management (AUM) of $4,897,199,827 they owned the largest share of a newly formed company called Connect Airways, with 40%, while the other partners owned 30% each.

The regional airline did come close to outright collapse a year ago amid an acrimonious takeover battle that left shareholders fuming that their equity had been left worthless.

The Uk government cannot claim to be a global leader on tackling the climate emergency one day, then making the most carbon-intensive kind of travel cheaper the next.

APD generates billions for the Treasury each year, with the fee expected to be worth £3.7bn in 2019/20. It was introduced in 1994 as a tax to pay for the environmental costs of air travel. However, if you’re just changing flights in the UK en route to somewhere else – as long as the time between flights is less than 24 hours you don’t pay APD.

Children aged two years old without a seat booking are exempt from APD.

The idea was that the tax makes passengers think twice before flying.

Unfortunately, taxpayers money pumped into this company will only line the pockets of the shareholders,  its bankers

Reality check.

The national debt attributable to every man, woman and child in the U is in the region of £24,900 each.

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

THE BEADY EYE OBSERVES WHAT TECHNOLOGY IS DOING TO THE PURSUIT OF PROFIT.

05 Tuesday Nov 2019

Posted by in 2019: The Year of Disconnection., Algorithms., Artificial Intelligence., Capitalism, Climate Change., Fourth Industrial Revolution., Inequality, Modern day life., Our Common Values., Politics., Reality., Sovereign wealth fund, Technology, The common good., The pursuit of profit., The state of the World., The world to day., Unanswered Questions., Wealth., WHAT IS TRUTH, What Needs to change in the World, Where's the Global Outrage., WORLD POVERTY WHERE'S THE GLOBAL OUTRAGE

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( A twenty-minute read)

The Internet is an incredibly spectacular thing, and only now — after so many years — we are understanding its power.

In spite (and many times because of) all the social media and internet news, we tend to have a skewed view of the world around us.

But there is one thing that is certain.

It has given rise to highly profitable digital platform monopolies, ‘superstar firms’ which are able to use aggregation and analysis of data to make supernormal profits which are disappearing into the cloud.

But what’s really happening in the global economy?

These multi-conglomerations dominate not just the current digital markets but future ones in artificial intelligence and machine learning, with workforces which are relatively small proportional to value-added, putting downward pressure on labour’s share of income.

It is becoming easier and cheaper to replace human work by increasingly
capable robots and artificial intelligence, this automation will accentuate existing trends in the capital and labour shares.

Whatever the future path of the global economy, with growing automation in

the economies of the world substituting capital for labour more and more

of the wealthiest fortunes are held almost exclusively in financial assets.

                                                     —-

We’re not just entering into a period of severe distress with climate change

we are also entering a period of a new uneven distribution of capital

ownership that is now the driver of inequality.

It’s a “new, harsh reality”, ( from weapons of mass destruction, water crises, large-scale involuntary migration and severe energy price shock, extreme weather events, failure of climate change mitigation and adaptation, interstate conflict with regional consequences and major natural catastrophes) that the spending power of governments is dimensioning.

Most of us haven’t quite realized there is something extraordinary happening.

Isn’t it absurd that we, 7 billion of us living on the same planet, have grown further apart from each other? Everything is going through change and that most of us are unaware of that.

What sense does it make to turn your back on the thousands, maybe millions, of people living around you in the same city on the same planet in poverty?

You might be lead to believe that the Internet is taking down mass control and the small are no longer speechless. This might well be true when it comes to the rising failure of climate change mitigation and adaptation or if you look at the Arab Spring, Brexit, and the people’s climate revolution/ pollution.

But its not true when one looks at how and by whom the economy of the world that is driven by growth at all costs.

Why?

Because the natural resources industry is owned by sovereignty wealth funds with financial instability around the world as the net result.

But don’t panic.

With Climate change and Ai, and with all of us exchanging half-truths civilisation is in for a rough ride.

However, technological crises have yet to impact economies or securities in a systemic way.

Which panic button to press?

The only category not to feature in the above harsh realities is algorithm profit from profit technological that is spreading inequalities between individuals and families, between countries, generations and genders, as well as between people from different ethnicities and class backgrounds.

Fleckenstein – David Rosenberg’s Proposal To Print Trillions Of Dollars Is Not Helicopter Money, It’s Cold Fusion

Normally revenue, as you know, is generated by profit/taxes but most revenue sources are already accounted for in government budgeting except the supernormal profits made by in no particular order – Apple, Google, Microsoft, Facebook, Cisco Systems, Intel, to mention just a few.

It’s sometimes hard to fathom the sheer scope of profits made by the world’s most profitable companies.

1. Saudi Aramco: $304.04 M daily – Earns $1 M in 4.7 minutes
2. Apple: $163.1 M daily – Earns $1 M in  8.8 minutes
3. Industrial & Commercial Bank of China: $123.29  M daily – Earns $1M in 11.7 minutes
4. Samsung Electronics: $109.3 M daily – Earns $1 M in 13.2 minutes
5. China Construction Bank: $105.48 M daily – Earns $1 M in 13.7 minutes
6. JPMorgan Chase & Co.: $88.97 M daily – Earns $1 M in 16.2 minutes
7. Alphabet: $84.21 M daily – Earns $1 M in 17.1 minutes
8. Agricultural Bank of China: $83.99 M daily – Earns $1 M in 17.1 minutes
9. Bank of America Corp.: $77.12 M daily – Earns $1 M in 18.7 minutes
10. Bank of China: $74.59 M daily – Earns $1 M in 19.3 minutes

and these are not Sovereign Wealth Funds.

They exist somewhere between the murky grey of return-maximizing, mega-cap asset managers, and clandestine government agencies quietly used to further sovereign agendas.

It is estimated that SWFs combined to hold more than $7.4 trillion in AUM, (Assets under management) representing approximately 6% of global assets under institutional management.

And you wonder with government print trillions to stimulate sagging economies why the world is and still is in a state of meltdown not just climate-wise but capitalistic wise.

We now have both the EU and the UK floating the idea of establishing Citizens wealth funds.

The trouble is that existing wealth funds have already bought up most of the world. Latecomers like THE UK/EU will have nothing to invest in other than technologies that produce profits.

The character of a sovereign wealth fund depends on its purpose and is shaped by how it is capitalised and governed, how it invests its funds and how returns are spent.

A Sovereign Wealth Fund is a state-owned investment vehicle established to channel balance of payments surpluses, official foreign currency operations, proceeds of privatizations, government transfer payments, fiscal surpluses, and/or receipts from resource exports, into global investments on behalf of sovereigns and in the advance of goals that are not transparent.

Economic theory wise, it is important to understand that SWFs form part of their respective country’s total national capital base, where total national capital is defined as the total combination of net financial assets, total physical capital stock (e.g., real estate, machines, infrastructure), unexploited environment, human capital, and unexploited natural resources.

Commodity SWFs are financed from the proceeds of non-renewable commodity exports (oil, gas, precious metals), which grow the AUM base in times of high prices but destabilize their source economies and budgets in times of low. Non-commodity funds, on the other hand, are typically financed from currency reserves or current account surpluses, driven by corporate or household saving rates.

They were once the mainstays of the global investment landscape.

Despite is name the era of neoliberalism was far from liberal.

We are now experiencing the political consequences of this great deception with the rise of popularism.

This blog has been suggesting for some time the setting up of a perpetual funded World Aid fund by applying a 0.05% commission on all profit for profit sake seeking financial activities. ( See previous posts)

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THE BEADY EYE ASK’S: ARE PROFIT SEEKING ALGORITHMS BUILDING A DIGITAL POORHOUSE, AUTOMATING INEQUALITY WHILE HURTING THE MOST VULNERABLE.

03 Sunday Nov 2019

Posted by in Algorithms., Artificial Intelligence., Capitalism, Fourth Industrial Revolution., Humanity., Inequality, Modern day life., Our Common Values., Poverty, Reality., Technology, The common good., The Future, The Obvious., The state of the World., The world to day., Unanswered Questions., WHAT IS TRUTH, What Needs to change in the World, Where's the Global Outrage.

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(Twenty-minute read)

Should we worry about the rise of artificial intelligence or celebrate it?

Both is the answer.

We all inhabit this new regime of digital data but we don’t all inhabit it in the same way and the pursuit of rapid growth by way of technology won’t solve the huge challenges we face.

A more honest, humane approach is the answer.

If you believe the hype, technology is going to help us end global poverty, that’s easier said than done in a world where most product innovations are geared toward the rich.

The prospect of billions rising up from poverty with nothing more than gadgets is indeed a fanciful notion. This is because poverty is entirely a man-made creation. Capitalism is driven by greed, generating a power structure, which moves wealth disproportionately into the hands of the few.

But why are our societies becoming increasingly unequal, and what can we (or should we) do about it?A homeless man outside Victoria Station in London.

Forget where science ends and ideology begins it is the mechanisms behind the persistence of poverty that counts.

Technology cannot solve the problem of economic disparity.

We often believe that our digital decision-making tools, like algorithms or artificial intelligence or integrated databases, are more objective and more neutral than human beings.

Totally false.

We are building not just ill-conceived mathematical models now micromanage the economy, from advertising to prisons but also hiding the profit of multinational companies in the cloud.

We are building:  A DIGITAL POOR HOUSE.

Even though we live in a hyperconnected world we are watching inequality exploding as we walk past people on the street looking at our smartphones.

The spreading of these kinds of systems is now way beyond just the public service systems that they’re in now. For example, high-frequency trading algorithms that run 99.9% of the world stock exchanges are plundering not just finite resources they are jeopardising our peaceful existence.

Feel free to ignore the weight of the evidence that is now becoming crystal-clear, so stark, that the trade-off of the growth of the economy and the survival of the planet are now intertwined. So we have to go into a mode where we are first educating the people about what’s causing this inequality and acknowledging that technology is part of that cost, and then society has to decide how to proceed.

Deep cultural and political changes are needed in order to think through these technologies in order to get to better systems.

This should apply to all technology – nanotechnology, biotech.

I also really believe we need to stop using these systems to avoid some of the most pressing moral and political dilemmas of our time, which is not just poverty but racism.

Unfortunately, we have Profit-seeking Algorithms that have no moral or ethical bases.

Algorithms — a set of steps computers follow to accomplish a task — are used in our daily digital lives to do everything from making airline reservations to searching the web. They are also increasingly being used in public services, such as systems that decide which homeless person gets housing.

AI with faceless algorithms is worsening the effects and concentrating the power of the wealthy. They are likely to dramatically increase income disparity, perhaps more so than other technologies that have come about recently.

Digital innovation in the form of profit-seeking algorithms that it’s not just going to be benefitting a small fraction of the world’s population, or just a few large corporations. is reinforcing, rather than improving, inequality.

Institutions have embraced digital technologies they are outsourcing the decision to a machine to cut costs avoiding the human costs. They say, “We have this incredible overwhelming need. We don’t have enough resources, so we have to use these systems to make these incredibly difficult decisions.”

If all the resources are automated, then who actually controls the automation?

Is it every one or is it a few select people?

My great fear with these systems is we’re actually using them as a kind of empathy override, meaning that we are struggling with questions that are almost impossible for human beings to make.

We’re smuggling moral and political assumptions into them about who should share in prosperity.

There’s already an expectation that people will be forced to trade one of their human rights, like their information or their privacy, for another human right.

The economic prosperity created by AI should be shared broadly, to benefit all of humanity otherwise they will lead to an even greater disparity between the wealthy and the rest of the world.

If AI takes away people’s jobs and only leaves wealth in the hands of those people owning the robots, then that’s going to exacerbate some trends that are already happening.

People now with “predictive data” have real concerns about informed consent. About how their data is being shared, whether it’s legal and whether it’s morally right.

Why?

Because it is impossible to work out why the algorithms had gone against them, or to find a human caseworker to override the decision.

How can we change the societal mindset that currently discourages a greater sharing of wealth? Or is that even a change we should consider?

We’re using these technologies to avoid important political decisions. Exacerbating the divides between the developed and developing world, and the haves and have nots in our society.

The change will only occur when policymakers and voters understand the true scale of the problem. This is hard when we live in an era that likes to celebrate digitisation — and where the elites are usually shielded from the consequences of those algorithms.

Restoring human dignity to its central place has the potential to set off a profound rethinking of economic priorities and the ways in which societies care for their members, particularly when they are in need. If enough of us want to change the status quo for good, then with our collective creativity, with our hunger to solve really hard problems, we will find technology an incredibly powerful tool in our arsenal.

Technology can move commodities (food, jobs, wealth) from areas of surplus supply to regions with under-served markets.

Technology can only help us if we chose to make the best use of it.

Computing has long been perceived to be a culture-free zone — this needs to change.

Today more people have access to a cell phone than a toilet.

I use that metaphor specifically because I think that these systems, although we talk about them often as disruptors, are really more intensifiers and amplifiers of processes that have been with us for a long time, at least since the 1800s.

At a time of unprecedented global challenges platforms like Google Facebook, Twitter and there like must be made to use the power of their platforms to stop the DIGITAL POOR HOUSE instead of hoarding profits with profit-seeking algorithms.

If not because bias has been a historical norm, it because us the users of your platform will develop self-defence.

So, next time if you think AI is not affecting you, take out your smartphone.

If Twitter’s not your choice of poison, maybe it’s Facebook or Instagram, or Snapchat or any of the myriad of social media apps out there they are all affecting your decisions and our lifestyles every day.

They are all tailored according to what we are likely to respond to. specifically designed to attract the attention of its members – and so inevitably to confirm them in their opinions and prejudices,  with several extra bills to pay in order to remain a normal citizen. 

Its a ‘mean’ not the ultimate solution.

AI has become so successful in determining our interests and serving us ads that the global digital ad industry has crossed trillions.

artificial intelligence concept Stock Photo - 90948450

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THE BEADY EYE SAY’S. WE MUST REIN IN THE TECH GIANTS BEFORE ITS TOO LATE.

20 Friday Sep 2019

Posted by in #whatif.com, 2019: The Year of Disconnection., Algorithms., Capitalism, Democracy, DIGITAL DICTATORSHIP., Fourth Industrial Revolution., Google, Modern day life., Our Common Values., Purchasing Power., Reality., Social Media., Technology, The common good., The essence of our humanity., The Obvious., The state of the World., The world to day., Wealth., WHAT IS TRUTH, What Needs to change in the World, Where's the Global Outrage.

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( Fifteen-minute read) 

WHY?

These days we are allowing Google, Amazon, Apple, and Facebook do whatever the hell they want. The US sees them as winner-takes-all markets as the law of the capitalist jungle; the EU sees them as an intrinsic threat to consumers.

Because four companies dominate our daily lives unlike any other in human history: Amazon, Apple, Facebook, and Google. They have aggregated more economic value and influence than nearly any other commercial entity in history.

Because the concentration of wealth leads to concentration of power. Their massive size and unchecked power have and are throttling competitive markets and are keeping the economy from doing its job—namely, to promote a vibrant democracy.

Because all of them have managed to preserve their monopoly-like powers without heavy regulation. 

Because they have effectively ripped the heart out of the journalism, publishing, music, and entertainment industries but, even worse, they are demolishing the ranks of both corporate middle-management and entry-level service jobs and crushed commercial real estate and retail shopping malls, all for the enrichment of a very few.

Because they’re tracking your movements — or, even better, getting you to track yourselves for them, whether it’s “checking in” on Facebook or leaving your cell phone switched on while you travel (and who doesn’t?).

Because as we have seen the harvesting of the personal data use for political purposes.

Because the amount of money they generate, and the volume of content they accumulate, most of it provided voluntarily by you, for free, is stupefying.

Because with the coming of 5G technology they will have  too much power over our economy, our society, and our democracy.

Because using black-box algorithms to surface content to users they will have control over the way we use the Internet.

Because they are exploiting their monopoly power to stifle competition; they are spreading fake news; their fantastically rich owners portray themselves as right-on yet go to a great deal of trouble to minimise their corporate tax bills; they are ripping the heart out of communities through the closure of brick-and-mortar retailers.

Because social media is an increasingly key part of how we communicate. Yet legally, nothing stops Facebook from simply banning users from its platform, for any reason it wishes.

Because we’re heading for an Orwellian nightmare the shape of which is just now becoming apparent with climate change is being turned into a product. 

Because this isn’t just abstract concern about what could possibly happen in the future – market power of this magnitude isn’t unprecedented.

Because with a sprawling array of loosely related businesses under one roof they are becoming worldwide conglomerates.

Because no one or any company is now going to penetrate online shopping or the search market.

Google, Amazon, and Facebook are colossal companies. Together they make up almost 10% of the S&P 500. Together, they have a market capitalization of the GDP of France.

These are the 3rd-, 4th-, and 6th-largest companies on earth. Combined, they are worth over $2 trillion. And they’ve grown 470%, 175%, and 95% over the past five years.

Because they will take our choices away.

Because they’ve bulldozed competition, used our private information for profit, and tilted the playing field against everyone else.

Because country and companies that dominate technology will gain more power with time and 5G technology, gene editing, nanotechnology, creating what only can be called a profitable circle of global oligopolies.

Because they will soon be introducing their own cyber currencies.

Because our existing computers can’t even scratch the surface of what quantum computers will be able to do via the cloud quantum computers will. Those who own this technology will make supremacy an arbitrary goal.

Such computing power will change the way we do business and the security we have in place to safeguard data, how we fight disease and invent new materials, and solve health and climate problems.

Just like humans, artificial intelligence machines powered by the insights from quantum commercialising technology computers that will learn from experience and self-correct.

They’ll be able to use quantum simulations to design entirely new molecules for use in medicine making it possible for chemists to determine viable drug options quicker. Instead of troubleshooting issues bit by bit as we do now with classical computers, they will allow for a person’s genes to be sequenced and analyzed much more rapidly tackling the entire problem at once.

How do they do it?

By creating what we now perceive to be free platforms run by algorithms.  

( To Big Tech, you’re not the customer, you’re the product they’re selling to others:)

Google offers a vast bounty of free services in order to maximize its data collection and optimize its advertising capabilities. Similarly, Amazon is credibly accused of hurting suppliers, hurting competitors, and even hurting its own employees — but nobody can deny that it’s a cheap and convenient way to shop for a staggering array of things.

Amazon is keeping tabs on you, monitoring your purchases, pushing other products on you and, in the form of the hideous Alexa, listening in on you while you sleep. Throw in the electronic snooping of Facebook, Google and your iPhone.

We know the problems; they’re easy to diagnose, however shaping the solutions is going to be more difficult.

So what if anything can be achieved to restrain their coming power?

The difficulty lies in defining what the real harmful effect is of these companies and establishing a causal link between their creation, their products, behaviour, and trends such as populism, depression, and manipulation. The contribution to society of these companies’ products is not as black and white as some would like them to be. 

We’re heading down an entirely new field of physics, and by its very nature, there will be discoveries, innovations and solutions we have never dreamed of yet.

However we’re living in a capitalists world we should be empowering people to choose where to sell their information, personal data so it would no longer be monopolised by the tech giants.

Competition authorities need to move beyond a reliance on prices towards an analysis of the impact of takeovers and mergers on societal welfare.

As we grapple with how best to protect ourselves against the risks of new, disruptive technologies, policymakers need to understand the roles that ethics and law can and should play. 

If human rights are at risk, and existing law is found wanting, we may need new, legally enforceable rights and mechanisms to grapple with emerging technologies. Citizens should not need to rely on the “ethical conscience” of tech companies to know their fundamental rights are protected. Ethics are laudable—but sometimes they are not enough.

At their core, Google’s mission “to organize the world’s information and make it universally accessible and useful” and while Facebook’s goal was to “give people the power to build community and bring the world closer together” are both truly admirable and few people would disagree with them but ethical promises made by tech companies are not good enough.

Instead of adding value to our societies, Facebook,  Twitter, Amazon, Netflix, Google, Microsoft, Apple have sucked the data out of us.

They or at least their free platforms which have become essential to daily life should be regulated as public utilities.

Failing to do so risks a backlash which will be bad for everyone.

Why? 

Because there is one indisputable fact.

In front of every great fortune lies a great crime, Immense wealth translates automatically into environmental impacts regardless of the intentions of those who possess it. 

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Google does the same by using algorithms to decide what comes up on an internet search. They hardly pay any taxes and their business practices and technology will help crush industries and companies left and right.

 

 

 

 

 

 

 

 

 

 

 

 “platform utility.” A platform utility would be barred from owning any of the participants on the platform.

 

THE BEADY EYE ASK’S : IS 5 G GOING TO CHANGE THE WORLD WE LIVE IN?

17 Tuesday Sep 2019

Posted by in 2019: The Year of Disconnection., Algorithms., Artificial Intelligence., Capitalism, Dehumanization., DIGITAL DICTATORSHIP., Evolution, Fourth Industrial Revolution., Humanity., Inequality, Medical, Modern day life., Reality., Robot citizenship., Sustaniability, Technology, The cloud., The common good., The essence of our humanity., The Future, The Internet., The state of the World., The world to day., Unanswered Questions., War, WHAT IS TRUTH, What Needs to change in the World, Where's the Global Outrage.

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(Ten-minute read)

 

Right now nobody knows for sure but it is going to radically upend many aspects of our lives, as it is a technological paradigm shift.

3G or 4G was just a trailer, and the movie is about to begin.This picture, posted on Twitter by Inga Sarda-Sorensen, shows dark storm clouds over the New York skyline

Why?

Because it is going to marry data collection and computation with billions of devices.

But there is a debate on the necessity for it, considering human physical and mental limitations.

It will become the underlying fabric of an entire ecosystem of fully connected intelligent sensors and devices, capable of overhauling economic and business policies, and further blurring geographical and cultural borders.

It will create a world populated by digital citizens in continual interaction with their surroundings, their peers and public services.

It will enable communications & computing power to come together creating a hyperconnected ‘Internet of everything’ world.

It will release the spectrum for mobile devices, bring about dramatic transformations in our daily lives.

It is going to change everything about everything else.

It will rock the world economy over the next decade as we haven’t yet

conceived that will be tied into the 5G network.

For example:

Your car will know your every move faster than your mind. Cars will be able to use 5G to talk to other cars and sensors built around cities, from street lamps to gas stations.

Think about your relationship between the smart city and an autonomous car.

Think about predictive care. It will enable advanced data transfer from wearables and sensors, facilitating remote clinical decisions and robotic surgery

Think about bring virtual reality into the classroom, allowing students to face real-life situations without real-life consequences.

Think about living in a world of always-on, always-sharing, cloud applications and services.

Think about it leading to seamless and ubiquitous information control.

It will potential to unlock trillions of revenue across a broad range of industries creating a different hidden economy with wireless consumption.

This revenue will be equivalent to total U.S. consumer spending in 2016, and more than the combined spending of China, Japan, France, Germany, and the U.K. This revenue also represents about 4.6 per cent of all global real output in 2035.

Another words countries without 5G will become less competitive globally, spreading inequality on a scale not seen before. This inequality leads to more than just differences in consumption and wealth distribution. It affects access to healthcare, education, nutrition, employment, financial and technological platforms; it exacerbates poverty, exclusion and violence.

By 2020, analysts estimate that there will be more than 20 billion installed IoT devices around the world, supporting 22 million jobs generating massive amounts of data.

With access to this kind of information, industries of all kinds will be able to reach new levels of efficiency as they add products, services, and capabilities.

It will mean that a surgeon may not need to be in the same room as a patient in the future. A surgeon could use a VR headset and special glove to control a robot arm that would perform an actual operation in another location.

With haptic feedback, you’ll be able to transmit the tactile sensation of experience, enhancing the sights and sounds of a video experience.

It will make drone warfare affordable and drone defence essential.

It will make consumption and production distant and broad concepts that are somehow unattached from us.

So what can we, as consumers, do, instead of feeling powerless and distraught?

We must ensure that 5G respect nature, and the interconnectedness of everything that matters for humanity.

An unofficial trade war is already afoot in the tech industry due to the imminent rise of 5G technology.

But it will not happen overnight. Think in terms of a decade or more for it to fully unfold.

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THE BEADY EYE SAY’S. HUMANITY MUST NOW COME FIRST.

16 Monday Sep 2019

Posted by in 2019: The Year of Disconnection., Algorithms., Artificial Intelligence., Capitalism, Climate Change., Dehumanization., Democracy, Environment, Evolution, Fourth Industrial Revolution., Google Knowledge., HUMAN INTELLIGENCE, Humanity., Inequality, Life., Modern day life., Politics., Populism., Post - truth politics., Reality., Sustaniability, Technology, The common good., The essence of our humanity., The state of the World., The world to day., WHAT IS TRUTH, What Needs to change in the World, Where's the Global Outrage., World Politics

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( Seventeen-minute read)

The world has been so depleted and is being so depleted even at this moment, that the future sustenance and stability for humanity is now imperilled.

Your future and your destiny will not be determined within the next decades. It will be determined now.

It will be determined by humanity’s wisdom or by its ignorance.

The future and fate of humanity will be decided in the years to come, and it will be determined by how humanity responds to the great change that is coming over the horizon in the form of climate change to the world.

No religion nor religious institution as it stands today can prepare humanity for the complexities of life in the universe or what humanity must know to preserve human freedom and sovereignty within this world.

It is what humanity must do to prepare both collectively and individually for climate change and our collective inability to regulate AI.

But because humanity as a whole is dull and ignorant, self-absorbed and unresponsive to a changing world we are still writing ourselves out of the script.

Our universities for years have taught classical/neoclassic/neoliberal economics; like these theories are unmovable divine pillars of reality.

Therefore, while most people see we need a more reasonable and democratic version of our current extreme capitalism, the dominant discourse insists the story not be changed at all. The dominant political narrative of our times is that we must live as individuals crushed between market and state. The relationship between the individual and the state boils down to a zero-sum game where everyone one eventually looses. The state is a pure and simple force.

With the effects of climate change (to come) people are waking up to the deception, let’s hope we can do right, because on all fronts of civilization as we know it time is running out.

We have political failure everywhere leading to the malfunctioning of our altruistic nature.

There is a disconnect between mass (commercial) media, even political science and common sense or popular wisdom.

Sounds to cynical?

Let me oil up my bow.

Present-day political failures are at heart of our problems.

Why?

Because there is a failure of imagination when it comes to the societal structure we evolved to live in and that our brains are still programmed for.

Google, Apple, Facebook, Amazon, etc.

These new organizations are actually not creating a dream environment of maximum social cooperation.

They are instead removing people’s needs to fulfilling each other’s needs!

Gnawing away our collective and individual identity our senses of belonging to a community for the sake of profit.

We need politics of belonging, but the trouble is, it requires a moral, ethical and educated populations which we don’t have and are now with AI are more than likely than ever never going to have.

As we rely on more and more Algorithms to make decisions without a discussion of facts and morals, against a background of pure data narrative can lead society to dark places.

We are unaware of what I call honest pricing that shows the cost of profit for profit sake to the environment.

If we were to charge fees proportional to harmful impacts on the environment, we would create a monetary representation of the value of natural resources.A Brazilian protester stands before gunfire during protests against corruption and police brutality.

So overcoming the material world would be the first step to a sustainable world-shifting us into a new reality.

We are left with the ever-present questions.

Do we give a toss and if so what can be done about it?

What roles do religion and our deepest beliefs play in contemporary life?

What lifestyles are we adopting in an increasingly technological world?

What is the balance of power–and the balance of trade?

What is the pattern of war and peace?

What are the issues facing local and regional communities, and what issues must we confront on a global scale?

What do we remember about our collective past, and how do we see the future?

Have the great issues that preoccupied people since the beginning of time taken new, distinctive forms after more than a hundred years of the fastest technological and cultural change in the history of the planet?

What challenges remain intractable?

What emerging solutions seem to offer the greatest promise?

Social media is full of video on the state of the world.

The need for clear-headed prioritisation of resources to tackle real, not imagined problems.

Despite that long record of success, agricultural production is stressed by floods, deforestation, drought, urbanization (land-devouring cities), and a growing appetite for resource-intensive meat.

More than 150 million people worldwide are at risk from rising sea levels and extreme storms that cause coastal flooding.

In the past 50 years, thanks to education and technology, more than 2 billion people joined the middle class, swelling the human footprint of nearly 50 per cent. At the same time, millions of acres of cropland have been devoured by population growth.

Today more than 6 billion people live in cities—about 70 per cent of the world’s population, roughly double the proportion of a half-century ago.

The Arctic may hold 22 per cent of the world’s undiscovered conventional oil and natural gas resources. Melting ice is liberating immense oil and natural gas reserves.

Although mounting worldwide energy demand continues to stress the environment, it has powered large-scale development of renewable energy.

Artificial intelligence will soon dominate the Earth—it could take decades, it could take millennia. At that point, AI will also take control of the Earths process. Refashioning the planet in ways that are optimal for synthetic life but quite possibly deadly for us.

You can’t help but wonder where it will lead. It’s a very dodgy future.

It may be true that the cosmos started with the Big Bang, some 14 billion years ago, but it took an awfully long time for the consequences of the Big Bang to settle down.

To have an optimistic view is the only one worth having.Our world relies on vast global networks.

So may you recognize that you as an individual must make these decisions and not simply rely upon others to make them for you.

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

 

THE BEADY EYE ASKS: ARE WE LOOKING NOT JUST AT THE BEGINS OF A FAILED STATE BUT THE FINAL DEATH THROBS OF A EMPIRE

26 Monday Aug 2019

Posted by in Brexit v EU - Negotiations., Brexit., Capitalism, Climate Change., Democracy, Environment, European Commission., European Union., Fourth Industrial Revolution., HUMAN INTELLIGENCE, Humanity., Inequality, Life., Our Common Values., Politics., Populism., Post - truth politics., Reality., Social Media, Sustaniability, The essence of our humanity., The new year 2109, The Obvious., The Queen., The state of the World., The world to day., Twitter, Unanswered Questions., WHAT IS TRUTH, What needs to change in European Union., What Needs to change in the World, Where's the Global Outrage.

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(Fifteen-minute read)

The British Empire was the largest in history existing from the sixteenth century into the twentieth century.

Unfortunately, it squandered all that it acquired on a victorian class system.

Queen Elizabeth II

It killed with famine, sword and fire more people than Genghis Khan, Attila the Hun, Hitler or Stalin.

In the defence of its imperial interests, it precipitated in two World Wars.

Now it is presiding with “Mad cow disease” it’s very own self-destruction.

At stake are fundamental ideas about British sovereignty and whether in a

a progressively globalized world in which some claimed that the individual

the nation-state was becoming unviable with the can sovereignty in its

existing forms remain intact.

Queen Elizabeth II in 1992, referred to the year as the royal family’s “annus horribilis.”

SHE WAS WRONG.

Why?

Because along came a five-year austerity plan aimed at reducing the country’s massive deficit, which had been fueled by bank bailouts and stimulus spending in the wake of the 2008 financial crisis and resultant recession which resulted in 52 per cent of voters opting to leave the EU, (making the United Kingdom the first country to ever do so)

Manufactured by Magie Thatcher who turned the market into replacing society as the model of state governance. 

Not surprising as worldwide political culture has in fact transformed from one based on class to a new sort of populist, demotic politics, shaped at least as much by the mass media, especially the popular press, as by the politicians.

A sort of firestorm has broken out not just in Brazil but all over the world.

Why?

Because the relationship between public culture and consumer capitalism, while the very Earth itself is struggling with climate change has been close, in many ways the one constantly trying to outguess the other.

This game of one-upmanship, marked by ironic knowingness, has been labelled “postmodern, Brexit or Donal Trump trade wars”.

It points to the growing understanding of the relative nature of truth, itself a reaction against the prevailing supposedly “modern” certainties of the 20th century (reason, freedom, humanity, and truth itself), which indeed have often had and are having appalling outcomes.

However, it is a sign of the times that these antifundamentalist currents, themselves critical of much of Western culture, emerged at much the same time as new fundamentalisms emerged in the forms of American neoconservatism and certain strains of radical Islam. The ferment of intellectual and cultural changes involved are inextricable from the massive changes underway in the transition to the novel forms of society made possible by new information technologies.

What the Smartphone and Social Media have and are doing since the 1960s onward for Africa are also unravelling England and the EU with the perception of poor economic performance and calls for the modernization of not just for British society and the British economy but the EU and the world at large.

Both England and the European Union need to reform.

Optimism only carries you so far.

History rhymes rather than repeats are what is required.

A society where elites are widely loathed, where the political parties are polarized by demographic echoes is on the brink of collapse.

Why?

Now as then — much more now than then, in fact — there is a pervasive mistrust of institutions, a sense that governments are rotting from the head down.

The abject failure of rulers in improving human values has resulted in a downgrading of human to sub-human levels with a race to expect dishonest money is the net result of the ultimate degradation of society.

How do you trick someone into giving you something they have?

First, you offer them something worthless, while convincing them that actually much better than what they have. Second, you convince them that what they do have is worthless.

This is a typical approach used by both con artists and governments.

These huge scams are just diversions from the ultimate crime Climate change.

Our survival instinct has to quickly override our conditioned naiveté and passivity that has been bred into us. We are not just threatened as countries but as species at the same time.

A twitter/ facebook driven world will be a world of shallow values- unravelling our societies.

The thin veneer of civilization that we all depend upon on a daily basis is disappearing at a staggering pace and its not just the melting of ice.

The question now is.

Do we follow the trodden path where we only find all the grass eaten?

Creativity and imagination are what is needed as we are not getting across the problems of probability.

How we discuss and what we discuss is vital.

We must know the facts. We need a world brain bus.

Who is more likely to embrace the marginalized, to work for the disenfranchised?

Who will work for those of all backgrounds, all races and ethnicities, all religions, sexual preferences, gender identities?

Who will work to promote respect and equality for all people in the World?

Who sends a message that I want our children to believe in?

The rich and the poor, the entitled and the marginalized—they all make up the threads that a country needs to weave a unified society. When not include we weaken the material that fabricates our entire fabric of the world.

There has never been such a thing as an empire only a company called East India Company merchants. The British Empire did not exist in the Middle Ages. In the early Middle Ages, England was part of other empires: 

The British Empire was a commercial, not a military or political one.

Originally, holding an empire was about power. Throughout history, kings and queens have invaded territories in order to gain strength and power. With colonies, a country gains space, a larger army, more trade markets and the chance to make money out of whatever resources are on offer in them.

The formation of the empire was thus an unorganized process based on piecemeal acquisition, sometimes with the British government being the least willing partner in the enterprise.

An ‘Empire’ is a group of countries ruled over by a single monarch or ruling power. An empire doesn’t need an ’emperor’. The British Empire comprised of Britain, the ‘mother country’, and the colonies, countries ruled to some degree by and from Britain.

(British Empire, a worldwide system of dependencies—colonies, protectorates, and other territories—that over a span of some three centuries was brought under the sovereignty of the crown of Great Britain and the administration of the British government.)

To this day Britain’s ‘cultural imperialism’, suggesting that it was based on nationalism and racist scorn for other people.

With a handshake and the commitment “On the word of an Englishman,”
Captain James Cook claimed it for the British crown.In the century 1815–1914, 10 million square miles of territory and 400 million people were added to the British Empire. By the British Empire Exhibition of 1924, Britain was the ‘Mother Country’ of a worldwide empire which covered a fifth of the land in the world, and Britannia ‘ruled the waves’.

Sorry but Empires have benefited no one nor will any future trade deals that are not attached to sustainability do anything to resolve Climate change.

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

THE BEADY EYE ASK’S: IS THIS WHAT IS WRONG WITH MODERN DAY CAPITALISM. WE JUST HUMAN CAPITAL.

09 Tuesday Jul 2019

Posted by in 2019: The Year of Disconnection., Algorithms., Capitalism, DIGITAL DICTATORSHIP., Fourth Industrial Revolution., Humanity., Inequality, Life., Modern Day Communication., Populism., Purchasing Power., Reality., Sustaniability, The common good., The essence of our humanity., The Future, The Obvious., The state of the World., The world to day., Unanswered Questions., Wealth., WHAT IS TRUTH, What Needs to change in the World

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(Seven-minute read)

The term ” Human capital” suggests that we create ourselves as social beings, and then society recognizes the outcome of our self-making by assigning them values. This value is then exchanged for commodities and services of equal value.

WE SPEND OUR LIVES TRYING TO MAKE THIS VALUE HIGHER.

No discussion of human capital can omit the influence of families on the knowledge, skills, health, values, and habits. But when we become a risk, a drain on society, a problem of a life gone on too long we reflect the political and economic goals that the notion of human capital was designed to fulfil – profit.

When we assign value to human life it means different worth including negative value – to the lives of different people. Life subsequently came to be valued according to its ability to foster the national economy – its potential contribution to GDP with nil contribution deemed a surplus to manage.

This has become the bedrock of modern capitalism – persons and profit with the smartphone transferring its owner into an asset of significant value.

Profit-seeking Algorithms that are now embedded in our societies making it seem natural to be monitored and to allow access to every moment of our days.

Assigning life a market value is no way to guarantee that this value will be high.

Everyone is able to help themselves but information technologies are fastening individuals to prefabricated categories ( Age, gender, religion, ) solidifying us as persons of a certain kind.

Even if we consider ourselves to be so much more than our data or human capital, we cultivate, display, and leverage, our socially recognized arsenal of valued traits—no matter how worrying the manner in which they were consolidated—whenever circumstances call for it.

Human capital, then, is something other than the sum total of our ambition.

Like other kinds of capital, its value is set by market dynamics that support a larger process of accumulation.

We are unable to determine how much we are worth to our society.

There is no stopping this form of unattachment to reality, to politics, to nature, to others and it is destined to become worse. We have world leaders Twittering, governments pandering to populism, androids apps grabbing your data even if you block them.

Indeed it would be fair to say that Capitalism is disappearing underground.

The idea of human lives as surplus—superfluous to society rather than being its building blocks—offends our robust sense of self.

However, in designating selfhood unique yet classifiable, a personal project of self-creation yet a collective subject of political policy, we end up with human capital.

We feel oppressed by constantly having to demonstrate our worth in a matrix of investments and returns.

Is there any solution to this detachment?

Not with Social media that is putting a protective net around people with this net actually becoming a limiting cage.

A vote every five or ten years will not do it.

Countries must enable their citizens to become involved directly in the economy by offering non-trading but inheritable Participation Bonds with guaranteed returns in order to make the economy serve the people rather than the other way around.

In a world of universal and instantaneous communication with robotic technology now treating our abilities to earn a living the coffers of the state are diminishing.

Some will say that Participation Bonds is a form of Socialism.

It might well be but it is not the state owning the assets of a country but its people have a vested interest.

The current relationship between the balance sheet value of human capital and the operating costs of the human capital is not realistic. Successful leaders want to know how their people are deployed and new technological advances clearly are of little value to countries that don’t put their people first.

Therefore, economists regard expenditures on education, training, medical care, and so on as investments in human capital. They are called human capital because people cannot be separated from their knowledge, skills, health, or values in the way they can be separated from their financial and physical assets but tangible forms of capital are not the only type of capital.

No matter what colour, creed or status you are if you are not attached you cannot reap the rewards.

Other words if you are on a sailing boat crossing the Atlantic there is no point in being pushed over or jumping overboard if you want to arrive.

The old adage of “from shirtsleeves to shirtsleeves no longer applies.

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

 

THE BEADY EYE LOOKS AT DIGITAL DICTATORSHIP.

04 Thursday Apr 2019

Posted by in #whatif.com, Algorithms., Artificial Intelligence., Capitalism, Climate Change., Democracy, DIGITAL DICTATORSHIP., Education, Environment, Evolution, Fourth Industrial Revolution., Google it., Google Knowledge., HUMAN INTELLIGENCE, Humanity., Inequality, Innovation., Life., Modern day life., Our Common Values., Politics., Post - truth politics., Purchasing Power., Reality., Sustaniability, Technology, The common good., The essence of our humanity., The Obvious., The world to day., Unanswered Questions., Universal Basic Income ., Wealth., WHAT IS TRUTH, What Needs to change in the World, Where's the Global Outrage.

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(Fifteen-minute read)

“As algorithms push humans out of the job market, wealth and power might become concentrated in the hands of the tiny elite that owns the all-powerful algorithms, creating unprecedented social and political inequality.”  Yuval Noah Harari.

Is he right?

Thanks to digital data, the state is able to have visibility on its population but is unable to govern concretely. Indeed, how can effective public policies be put in place if we can not quantify the objectives to be achieved according to the realities already observed?Résultat de recherche d'images pour "social credit system"

The crucial problem isn’t creating new jobs. The crucial problem is creating new jobs that humans perform better than algorithms.

Consequently, by 2050 a new class of people might emerge – the useless class. People who are not just unemployed, but unemployable.

Technology is never the main driver of social progress. Technology is only an amplifier of human conditions.

Why then, do we keep hoping that technology will solve our greatest social ills?

Technology has done nothing to turn the tide of rising poverty and inequality.

Yuval Noah Harari sees the problem clearly, “The most important question in 21st-century economics may well be: What should we do with all the superfluous people, once we have highly intelligent non-conscious algorithms that can do almost everything better than humans?”

Software is eating the world.  More and more major businesses and industries are being run on software and delivered as online services.

Most of what people learn in school or in college will probably be irrelevant by the time they are 40 or 50.

We need to change what we value. If we don’t our political and economic systems will simply stop attaching much value to humans. Even in an age of amazing technology, social progress depends on human changes that gadgets just can’t deliver.

What should we do?

We can’t move from the world we have to the world you want without a total paradigm shift

But what is the truth? What about reality?

Do we really want to live in a world in which billions of people are immersed in fantasies, pursuing make-believe goals and obeying imaginary laws?

Well, like it or not, that’s the world we have been living in for thousands of years already.

In order to move forward, we need to embrace technology both as a means of production and a method for producing new roles while not allowing code itself to push us into oblivion.Photo of a large monitor in a busy intersection showing images of a suspect.

The world may well be becoming more equal with more technology however rather than transferring wealth from the middle-class to the tech elite it does not distribute wealth universally.

This can only be achieved by moving to Universal assets ownership.

A Universal basic salary will only fuel consumption. 

I think most people really do want to believe that they’re contributing to the world in some way, but consumption without a purpose will indeed lead to creating a whole class of flunkies that essentially exist to improve the lives of actual rich people.

Of course, I can hear that Universal Asset ownership is a Socialist idea. But in a world that is now driven by the technology of detachment, we must find a way of engaging in sharing responsibility and rewards.

Sure there are plenty of ways to contribute to society, other than ownership, but, if we are to act as one people, we must be free to decide how and want to contribute.

Returning to the Question of DIGITAL DICTATORSHIP.

I think most people do not want Google to answer their questions. They want Google to tell them what they will have to do next.

If the hegemony of Google is to be demonstrated, we must also understand that the company is filling digital governance that states are struggling to reclaim.

We’ve been taught for the last 30 to 40 years that imagination has no place in politics or economics, but that, too, is bullshit.

So here is a solution.

The trove of data generated by every digital citizen should not be held by governments or companies but by citizens themselves.

If not the digital companion whispering to our ears the next stage will be delimiting the good of the bad.

We already have social-style scores, anyone who has shopped online with eBay has a rating on shipping times and communication. There is a lot of data being collected with little protection, and no algorithmic transparency about how it’s analysed to spit out a score or ranking.

I am not advocating here China’s social credit system which is a vast plan to monitor citizens, judging citizens’ behaviour and trustworthiness. The potential for abuse is enormous. The Social Credit System is in large part a direct response to a collapse in public confidence in government officials and others in positions of authority. Résultat de recherche d'images pour "social credit system"

I am advocating a system of social credits to reward projects that reduce climate change, social inequality and that promotes free education. 

Why not use human wisdom, not machines, to move our world forward.

Democracy as we know it will not survive the Forth Technological Revolution unless we all have a stake in it other than the vote.

Looking at the state of the world the idea of a ‘useless class’ might feel abstract to most of us at the moment and will remain so until we use our buying power as our voting power to effect change.

Right now we’ve got upside down democracy where every decision has been made globally, behind closed doors by corporations. If the people see no point in a democracy, because it seems to have no relevance to their everyday lives and the situation in which they live them, they will not do anything to defend it or take part in its processes.

With Universal Asset ownership business can become part of the solution,
not part of the problem.

That’s a project we can all get behind.

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

 

 

 

 

 

Who actually is the useless class?

 

 

 

 

 

 

 

 

THE BEADY EYE ASK’S: WHAT IS THE VALUE OF A HUMAN TO DAY ?

01 Monday Apr 2019

Posted by in #whatif.com, 2019., Artificial Intelligence., Capitalism, Climate Change., Democracy, Education, Environment, Fourth Industrial Revolution., GDP., Happiness., HUMAN INTELLIGENCE, Humanity., Inequality, Life., Modern day life., Our Common Values., Politics., Populism., Post - truth politics., Reality., Sustaniability, Technology, The common good., The essence of our humanity., The Obvious., The world to day., Trade Agreements., Unanswered Questions., WHAT IS TRUTH, What Needs to change in the World, Where's the Global Outrage.

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( Seven minuter read)

At the best of times, money is a touchy subject but when it comes to putting a value on a human there is a vast array of circumstances that all boil down to pain and pleasure.

Whatever rest assured with the Forth Industrial Revolution and Climate change we are going to learn the real value of human life. Résultat de recherche d'images pour "can we put a monetary value on ourselves" Should the value of life be variable depending on age?  UTILITARIANISM.

Have you been thinking about putting yourself up for sale lately?

Ever wonder how much money you could get on the open human market?

Money is merely an arbitrary store of value, wars and natural disasters bear witness to this fact.

In a system where capitalism is a prime determinant of value, how can we preserve what we truly value as humans, what matters to us beyond money?

No matter where we stand on the socioeconomic ladder, the future of the “normal life” doesn’t look good.

CAN WE DO ANYTHING?

Humanity is more important than money — it’s time for capitalism to get an

upgrade.

So how can we change capitalism so that it focuses on what humans really

want and need?

There have been many different forms of capitalist economies ever since money was invented around 5,000 years ago. The current form of institutional capitalism and corporatism is just the latest of many different versions with the current revolution in technology promoting another form of materialism, by and large, is a psychological trap.

Profit-seeking algorithms recognise that money is inherently neutral that it is merely a vessel for the exchange of experience between two people. Its value only becomes realized when it’s put into motion.

Technology will not be the key which frees us from this precipitous world.

Most people these days aren’t even conscious of what they’re using to determine their self-worth.

No matter how much you own, how much you buy, how much you earn, the disease of more never goes away- just look at the current state of the world.

Old-style protection of nature for its own sake has badly failed to stop the destruction of habitats and the dwindling of species. It has failed largely because philosophical and scientific arguments rarely trump profits and the promise of jobs.

In one of my recent post, I addressed the power of your back pocket – buying power as a means of effecting change. It needs to be supported by Social Credits. (See below)

Instead of having our humanity subverted to serve the marketplace, capitalism has to be made to serve human ends and goals.

Of course some time ago it dawned on someone that, by making it possible for people to buy and sell natures services, we could save the world and turn a profit at the same time. The industrial revolution of the nineteenth century. Nature by capital.

(Sorry, did I say nature? We don’t call it that any more. It is now called natural capital. Ecological processes are called ecosystem services because, of course, they exist only to serve us. Hills, forests, rivers: these are terribly out-dated terms. They are now called green infrastructure. Biodiversity and habitats? Not at all à la mode my dear. We now call them asset classes in an ecosystems market. I am not making any of this up. These are the names we now give to the natural world.)

WHAT IS NEEDED NOW IS FOR SOMEONE TO REALISE THAT:

1. Humanity is more important than money.
2. The unit of an economy is each person, not each dollar.
3. Markets exist to serve our common goals and values.

True wealth occurs when the way we spend our money is not simply compensating for how we earn it. The welfare of a nation or the world can… scarcely be inferred from a measurement of GDP.

The real value of money begins when we look beyond it and see ourselves as better, as more valuable, than it is.

Rarely will the money to be made by protecting nature match the money to be made by destroying it.

I’m talking about the development of what could be called the Natural Capital Agenda: the pricing, valuation, monetisation, financialisation of nature in the name of saving it by Social Credits.

They could put a stop to the risk of a progressive “privatisation” and “commodification” of nature.

We’re staring at trillion-dollar problems in the world with climate change, that is about to speed up and we need commensurate solutions.

One of the main problems is engaging the population of a country or countries to part take in the need to effect change.

We can harness the country’s ingenuity and energy to improve millions of lives if we could just create a way to monetize and measure goals by Social Credits.

People could buy them or win them.

For Example:

What if governments and world corporations were to introduced 100 million SCs to reduce obesity levels.

What if governments were to reward green energy projects with SCs.

What if governments were to use SCs to replace pensions/ treasury bonds.

What if countries used SCs to reflect fair trade.

What if education and reduction of inequality were promoted by SCs.

To protect the world from the despoilation and degradation which have done it so much harm. After all, it is not most environmentalists who have misunderstood the realities that come with ‘growth’ a finite Earth, but most economists.

Forget what society tells you about what it means to have succeeded, and endeavour to create your own definition of success based on those human qualities and virtues that you value most.

We are fundamentally empathetic creatures in an evolutionary process that started with blood ties, then tribes, religion, and currently nations but could extend to humans as one, then to creatures, plants and finally our planet.

The adage that money makes the world go round is the saddest reality of life.

“We can’t solve problems by using the same kind of thinking we used when we created them.”

Is the first generation of digital natives and sharing is their norm, could it be that collaborative consumption rather than consumer capitalism will be their norm?

If so, what will the next generation bring?

Time is the one resource all of us use to have, but it’s also painfully finite in nature. You can’t bank it — all you can do is invest it wisely.

Money is fluid.  Therefore, money is a reflection of the owner’s values and intentions.

We all have some sort of measuring stick that we use to determine our value as a human being.

Put another way, if we have access to all we need, would we need money?

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