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Category Archives: GDP.

THE BEADY EYE SAYS: GOVERNMENTS MUST GO BEYOND GROWTH (GDP) AND FOCUS INSTEAD ON A NEW SOCIAL CONTRACT.

02 Tuesday Aug 2022

Posted by bobdillon33@gmail.com in 2022: The year we need to change., Climate Change., Fourth Industrial Revolution., GDP., How to do it., Human Collective Stupidity., Human values., Humanity., Imagination., Life., Our Common Values., Purchasing Power., Purpose of life., State of the world, Survival., Sustaniability, Technology v Humanity, The common good., The Obvious., The pursuit of profit., The state of the World., The world to day., THE WORLD YOU LIVE IN., THIS IS THE STATE OF THE WORLD.  , We can leave a legacy worthwhile., What Needs to change in the World, Where's the Global Outrage.

≈ Comments Off on THE BEADY EYE SAYS: GOVERNMENTS MUST GO BEYOND GROWTH (GDP) AND FOCUS INSTEAD ON A NEW SOCIAL CONTRACT.

Tags

Capitalism and Greed, Capitalism vs. the Climate., Climate change, Post-Covid-19, The Future of Mankind

 

(Twelve minute read) 

This is an easy thing to say but to implement is another kettle of fish because it requires a paradigm shift in the way developed countries approach economic policy.

Changing the world seems like one of these huge, impossible things that no man can possibly achieve.

It requires a rethink how we define and measure economic success.

In order to find new ways to transform the world we live in goals will have to be built into the structures of the economy from the outset, rather than hoped for as a by-product, or added after the event.

Everything that goes around, comes around.

People always wish for change because it’s the constant thing in this world, and they always have this deep, inner desire to improve things even if there’s nothing to improve.

Every people I know wants change, but for what purpose exactly?

Why do we crave change?   And how exactly to change? 

How exactly can you change without making mistakes?

How to actually know you’re making a change if you don’t know your objective?

What if there’s nothing to be changed?

Where do we start?

Change comes in learning from the mistakes of our past.

Realising that it’s a mistake.

When things stay the same and your life is getting worse and worse, then it’s time for a change.

                                   ————————-

Broadly speaking an economy is an interrelated system  of human labour, exchange, and consumption. 

Economic policy should prioritise environmental sustainability, economic resilience, reducing inequality and improving wellbeing economic growth in OECD countries have generated ‘significant harms’ over recent decades – including rising inequality and catastrophic environmental degradation.

Instead of focusing on gross domestic product (GDP), now is the time to  prioritise environmental sustainability, improving wellbeing, reducing inequality and strengthening economic resilience. 

A return to the status quo would be disastrous so governments that are spending unprecedented sums to rebuild their economies after the Covid pandemic, must look beyond growth alone to prioritise the needs of people and planet.

It argues that this will require a new role for the state, with governments becoming more entrepreneurial, seeking to shape markets and steer the process of economic change, not simply correcting market failures.

                                    ———————-

So where are we?

Various layers of inequality have being exposed and exacerbated by the COVID-19 pandemic.

It has laid bare risks we have ignored for decades: inadequate health systems; gaps in social protection; structural inequalities; the digital divide, environmental degradation. the energy sources we count on are limited, just like water.

In fact, most wars and political conflicts in the world start because of lack and/or need for energy resources. In America alone, the consumption of energy rises every year, and it doubles every 20 years. 

The climate crises is showing that computers and software will not be able to replicate human creativity.

This “new kind of social contract” is required to transform the relationship between the state, business, civil society and citizens.Industryweek 34572 Understanding 5g 5g 623431736

5G as on par with the printing press, electricity and the steam engine –

Self-driving cars, remote robotic surgery, autonomous weapons — all that and much more is set to be delivered via the 5G wireless network, which promises to transform our lives and add trillions of dollars to the global economy every year.

This leap forward in connectivity will be key to the spread of artificial intelligence and machine learning, enabling massive amounts of data to be collected from remote and mobile sensors and analysed in real time.

Drive everything from home appliances that order groceries to autonomous vehicles to smart cities.

Given the power of 5G technology, it is no surprise that it has also become a proxy for the broader power struggles. 

However Technology alone will not change the core problems in the world. 

Why?

  • The Fourth Industrial Revolution can’t be a panacea for the problems caused by our obsession with unchecked economic growth. Over the past couple of decades, the world has become enamoured with the transformative power of technology.
  •  In spite of all the hype, digital technology could not prevent nor control the spread of the coronavirus.
  • Technology won’t solve the climate crisis, prevent the recurring wildfires.

                     ———————————————-

The last thing the world needs is another ‘revolution’ that ignores the external cost to society of our unchecked obsession with economic growth at all cost.

We all think time and money is so important, but are our health, peace and happiness not more important?

We’re in this together and it can only be solve together. 

We can protest, till we are blue in the face, demand change till the cows come home, hold world conferences till we run out of air.  There is however one weapon if we all of us were to use it collectively that would bring change – that is  Buying power.

Doing the right thing for the environment, pro-actively using it to effect change.

In this uphill battle, the good news is that solutions are out there.  

Business would  be held accountable for addressing local and
global societal needs.

Industry players that suffer would not helplessly standing by as their revenues and profits dwindled, they would act intensified competition.

But is this inevitable? Can companies learn to adapt and react to ensure their continued success and prosperity? The answer is yes.

Since buyer power is dynamic, just visualize this scenario.

What would happen if we all refused to pay our energy bills till the Government put in place non repayable grants to install solar panels or insulation. 

There is no right answer here but it would be impossible to either jail or fine everybody.

It is therefore important to understand what choices we have available to us to determine what type of buyer we will be, and therefore where our strengths lie.

That strength would be a campaign conducted on our mobile phones. 

Once a month campaign targeting profit for profit sake, demanding change.

Your choices would impact their bottom line.

Resilience – not technology – is the answer to our biggest

challenges.

It’s either an entirely environmentally-friendly existence. 

Or are we just going to except a burning world with wars and mass migration till there is nothing left to live for. 

 

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

 

 

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THE BEADY EYE ASKS. IF WE HAD TO CREATE AN ALTERNATIVE TO CAPITALISM WHAT WOULD IT BE CALLED.

05 Tuesday Jan 2021

Posted by bobdillon33@gmail.com in #whatif.com, 2021. The year for change., A Constitution for the Earth., Algorithms., Artificial Intelligence., Capitalism, Civilization., Climate Change., COVID-19, Dehumanization., Disaster Capitalism., Disasters., Disconnection., Earth, Evolution, Foreign Aid., G20., G7., GDP., Green Energy., HUMAN INTELLIGENCE, Human values., Humanity., Inequality, Life., Modern day life., Natural World Disasters, Our Common Values., Post - truth politics., POST COVID-19., Reality., Stimulus package., Survival., Sustaniability, Technology v Humanity, Telling the truth., The common good., The essence of our humanity., The Future, THE NEW NORM., The Obvious., The pursuit of profit., The state of the World., The world to day., Unanswered Questions., United Nations, Universal Basic Income ., VALUES, We can leave a legacy worthwhile., WHAT IS TRUTH, What Needs to change in the World, Where's the Global Outrage., World Leaders, World Organisations.

≈ Comments Off on THE BEADY EYE ASKS. IF WE HAD TO CREATE AN ALTERNATIVE TO CAPITALISM WHAT WOULD IT BE CALLED.

Tags

Capitalism and Greed, Capitalism vs. the Climate., Climate change, Coronavirus (COVID-19), Distribution of wealth, Extinction, Inequility, Technology, The Future of Mankind, Visions of the future.

 

(Ten-minute read) 


We, humans, live on an ecologically fragile planet with limited resources that must be sustained for future generations we must move humanity to an alternative world system — one committed to social justice, deep democracy, environmental sustainability, a safe climate, and planetary health.

The COVID-19 pandemic contains the fuel for social change – verbal with little imagination as to what to change. 

History tells us that social changes can occur quickly once economic, political, social structural, and environmental conditions have reached a tipping point.

Humanity is now obviously at a crossroads or perhaps several crossroads: one is business-as-usual which is sure to result in dystopia; another is a shift to some variant of green capitalism, which is gaining considerable support; and finally an eco-socialist vision that, while muted at this time, will hopefully become stronger as the need for it becomes more apparent to the mass of humanity.

Thanks to Covid -19  the world is off-balance – and it will remain so for years to come.

Far from settling into a ‘new normal’, we should expect a COVID-19 domino effect, triggering further disruptions – positive as well as negative ­– over the decade ahead.

It has underscored the interconnectedness of our natural, social and economic systems, and provided a stark reminder of the scale of systemic risks that can build up when we allow weaknesses and negative impacts to accumulate over time.

Continuation on the current pathway will, over time, only lead to deeper and deeper crises, including an ever-escalating climate change crisis, the result of growing greenhouse emissions spewed by the capitalist treadmill of production and consumption.

Combating both climate change and global capitalism go hand-in-hand however the raw truth is that Capitalism will certainly not consciously permit the eventual demise of global capitalism and the emergence of an ecosocialist world system promoted by many. 

In previous posts, I have advocated that without funding all alternatives will fail whether they are green capitalism and existing climate regimes, including the United Nations Framework on Climate Change, which is not sufficient to mitigate climate change in any serious way.  

How can we expect the system that created the problem to solve the problem?

Despite the daunting difficulties that much of humanity currently faces, and will continue to face over the course of this century capitalism today continues unabated to pump Co2 into the atmosphere and will continue to do so after the Climate Summit this year in Scotland.  (By the deadline of December 31, 2020, only 70 out of 192 countries had presented their new Nationally Determined Contributions (NDCs): the individual commitments made to fight against climate change.)

One doesn’t have to have to be a delegate to this summit to know that if we manage to get on top of the current Pandemic which is bleeding the coffers of countries endeavoring to save their economies the emissions will triple on returning to anything that looks like normal. 

Of course, we will be told that we have learned the lesson that Green is the way forward.  It is true to say that the construction of ecosocialism needs to be based upon a commitment to a long-term sustainable balance between sociocultural systems and the natural environment but it is also true to say that the capitalist world system continues to self-destruct due to its exploitative, oppressive, socially unjust, and environmentally unsustainable practices – this will continue with artificial intelligence to plunder the earth for a profit with machining mining called data, fed to machine unregulated algorithm, making us all but powerless. 

Ecosocialism constitutes a vision against the mal-distribution of resources on a global scale that capitalism produces is bound to keep alive, notions of social justice and equality, deep democracy, and socialism in oppressed classes.

It is only by spreading the cost of change fairly that we can reinvent capitalism.

We could adopt a universal wage and let people fend for themselves but this won’t change our habits.  

It is time to envision future scenarios and strategies for achieving an alternative world system.

Once again here’s how. 

Because we live in different cultures, transparency is vital to address the main problem –  Inequality in all its forms. 

To do this the cost of change has to be spread fairly.

This can only be achieved by making a profit for profit sake contribute.

Not by taxation, IMF loans, foreign aid, or begging charity aid programs. 

The UN is now relied upon by the international community to coordinate humanitarian relief operations due to natural and man-made disasters in areas beyond the relief capacity of national authorities alone.

We currently have the technology that maximizes profit and future profit, like high-frequency trading that runs 90% of world stock exchanges. 

THERE IS NO REASON NOT TO PLACE A WORLD AID COMMISSION OF 0.05% ON ALL ACTIVITIES THAT ARE NOT SUSTAINABLE TO CREATE A PERPETUAL FUND TO TACKLE CLIMATE CHANGE AND OTHER PRESSING WORLD PROBLEMS.

ALL OF ITS AID WOULD BE GRANTED NON-REPAYABLE. 

THIS FUND COULD BE ADMINISTERED BY ELECTED MEMBERS. 

ALL PROJECTS OTHER THAN DISASTER RELIEF WOULD BE SUBJECT TO APPROVAL AGAINST A WRITTEN EARTH CONSTITUTION THAT TRULY ALIGNS MARKETS WITH THE NATURAL, SOCIAL AND ECONOMIC SYSTEMS ON WHICH WE ALL DEPEND.   

It is about building real resilience, driving equitable and sustainable growth, and reinventing capitalism itself.

PROJECTS THAT MEET THE REQUIRED PERMATERS WOULD THEN BE ELIGIBLE FOR FUNDING.

TO AVOID CORRUPTION AND LOBBYING ALL APPROVED PROJECTS ARE PLACED IN A TELEVISED YEARY DRAW. 

50,000 – 100,000

100,000 – 250,000

250,000 – 500,000

500,000 – 1 MILLION

1 MILLION AND GREATER.  

Here is a suggestion that could be funded. 

Products Labeling. 

Marketers use labeling for their products to bring identification to impart information to the consumer about the product.  They allow customers to know about the item and give necessary messages including ingredients, instructions, and uses. 

Why not their carbon footprint with a symbol showing their contribution to Carbon emissions. 

Human and nonhuman, have a natural right to sustenance.

( See the previous posts on a world aid commission.)

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

 

 

 

 

 

 

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THE BEADY EYE ASK’S. IS IT SHAME ON YOU ENGLAND.

28 Saturday Nov 2020

Posted by bobdillon33@gmail.com in #whatif.com, 2020: The year we need to change., Aid, Civilization., Climate Change., Foreign Aid., G20., G7., GDP., How to do it., Humanity., Inequality., Our Common Values., Politics., Post-Covid-19, Poverty, Sustaniability, The art of a handshake., The common good., The Obvious., The state of the World., The world to day., VALUES, We can leave a legacy worthwhile., What Needs to change in the World, Where's the Global Outrage.

≈ Comments Off on THE BEADY EYE ASK’S. IS IT SHAME ON YOU ENGLAND.

Tags

A 0.05% WORLD AID COMMISSIONS, Aid, Capitalism and Greed, Community cohesion, Development Aid., Distribution of wealth, Foreign Aid., The Future of Mankind, Visions of the future.

 

 

(Six-minute read) 

 

Here is a nation that made its wealth from an Empire that exploited most of the world.

Victoria

It is now leaving the European Union which was set up with the aim of ending the frequent and bloody wars between neighbors. 

Reneging on its commitment to spend 0.07% of its gross national income on foreign aid because charity begins at home.

In the middle of a financial meltdown,  turning its self into a parochial country on the world stage.

Agreed a four-year £16.5bn surge in defense spending in the middle of a pandemic, while 1.9 million of its people are relying on a food bank.   

Spending around 160 billion to save 30 minutes by rail from London to Birmingham. (Creating around 30,000 temporary jobs.) While by this time next year there is every likelihood that its unemployed will reach 3 million must of which will be under 25 years of age. 

Aid is a fundamental reaction of most individuals when they see or hear of someone in need. 

This is why we have appeal’s from saving a donkey to save a penguin to save a child to donate to cancer research to donate to the poor to donate blood to relieve famine. 

It is true that aid on an individual basis comes in many forms with countries’ government foreign aid reflecting our collective compassion.

It is also true that Aid is sometimes abused both by the recipient and the giver.          

Perhaps the toxic environment caused by the excesses of the tabloid media over the last 30 years and now social media has something to do with our harding attitude that Aid starts at home. But with our inability to act as one on climate change we will all have to become better at emergency aid and rather worse at development aid.

Indeed financial aid over the last 30 years or so has proved to be  “an excellent method for transferring money from poor people in rich countries to rich people in poor countries.” However, in the long run when it comes to aiding it’s cheaper to send them the money rather than them having to come to claim it.

Aid politicized economies and therefore it often comes with a price of its own. 

Rich nations use aid as a lever to open poor country markets to their products and create beneficial trades with aid amounts being dwarfed by rich country protectionism that denies market access for poor country products.

Britain and the USA only believe in free markets that work in one direction.

Aid may be bilateral and multilateral if it is bilateral happens when: the given is from one country directly to another; and multilateral: when is given by the donor country to an international organization such as the World Bank (WB) or the United Nations Agencies (UNDP, UNICEF, UNAIDS, etc.) which in many cases they are the ones who distribute it among the developing countries.

The proportion is currently about 70% bilateral 30% multilateral, according to the World Bank statistics.

Even though the relationship between globalization, development, poverty, and foreign aid is not always clear, as long as the poorest countries are not integrated to work in their own development process, the world has not benefitted or learned from globalization especially from developed neighbor countries, who can give support in many conditions to work from the same goal, the success of development.

Paradox as aid to Africa has grown, the continent has actually become poorer rather than better off.

Of all the aid given to developing countries the smartphone allowed trade to take place without a middle man, and to know the market price has done more than all the billions.

Trade, not aid, it doesn’t have to mean money all the time.

Trade has a long-term impact on international co-operation.

Trade helps developing countries to maintain their dignity,

Trade establishes a strong impression in the international market, 

Trade promotes the economical improvement of the country 

Trade requires investment first.

Trade is treated as an inefficient distributor of resources. The benefit of trade is mostly confined to an elite group of people in the country.

Thoughtful aid can de accelerate this process.

It is not so much trade vs aid – but what quality and type of aid are given.

But more importantly for us to see the difference it makes.  We should be aiding poorer countries to do things themselves, not doing things for them.

( See the previous post on the Solution on how to finance and distribute Aid while maintaining the Mantra Charity starts a home.)  

It seems the brightest people are no longer attracted to politics. 

John Donne wrote in “For Whom the Bell Tolls”: “No man is an island, every man is a piece of the continent, a part of the main.

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

11 Saturday Jul 2020

Posted by bobdillon33@gmail.com in #whatif.com, 2020: The year we need to change., A Constitution for the Earth., Artificial Intelligence., Capitalism, Climate Change., COVID-19, Digital age., Disconnection., Economic Depression., Environment, Fourth Industrial Revolution., G20., G7., GDP., How to do it., Human values., Humanity., Inequality., Life., Micro v Macro Economics., Modern day Slavery, Our Common Values., POST COVID-19., Reality., Sustaniability, Technology v Humanity, The common good., The current state of our oceans., The essence of our humanity., The Future, The Obvious., The pursuit of profit., The state of the World., The world to day., Trade Agreements., Unanswered Questions., VALUES, We can leave a legacy worthwhile., Wealth., WHAT IS TRUTH, What Needs to change in the World, Where's the Global Outrage., World Economic Depression., World Economy.

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

Tags

Algorithms., Artificial Intelligence., Capitalism and Greed, Capitalism vs. the Climate., Distribution of wealth, Inequility, The Future of Mankind, Visions of the future.

(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.

 

 

 

 

 

 

 

 

 

 

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THE BEADY EYE ASK’S: WHEN IT COMES TO WORLD PROBLEMS WHY IS IT THAT WE HUMANS ARE UNABLE TO APPRECIATE THE GRAVITY THEY PRESENT.

03 Friday Jul 2020

Posted by bobdillon33@gmail.com in #whatif.com, 2020: The year we need to change., A Constitution for the Earth., Big Data., Capitalism, Climate Change., COVID-19, Digital age., Disconnection., Economic Depression., Environment, Evolution, Fourth Industrial Revolution., GDP., homelessness., How to do it., HUMAN INTELLIGENCE, Human values., Humanity., Inequality, Life., Micro v Macro Economics., Modern day life., Our Common Values., Post - truth politics., POST COVID-19., Survival., Sustaniability, Technology v Humanity, Technology., Telling the truth., The common good., The current state of our oceans., The essence of our humanity., The Future, THE FUTURE OF OUR OCEANS/SEAS, The Obvious., The pursuit of profit., The state of the World., The world to day., Truth, Unanswered Questions., VALUES, We can leave a legacy worthwhile., Wealth., WHAT IS TRUTH, What Needs to change in the World, Where's the Global Outrage., World Economic Depression., World Leaders, World Politics

≈ Comments Off on THE BEADY EYE ASK’S: WHEN IT COMES TO WORLD PROBLEMS WHY IS IT THAT WE HUMANS ARE UNABLE TO APPRECIATE THE GRAVITY THEY PRESENT.

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Capitalism and Greed, Capitalism vs. the Climate., Climate change, Coronavirus (COVID-19), Distribution of wealth, Earth, Environment, Extinction, Global warming, Inequility, SMART PHONE WORLD, Social Media, Technology, The Future of Mankind, Visions of the future., World aid commission

 

(Twenty-minute read)

As global citizens, the news is packed with statistics and updates on the challenges we face. Most of these challenges have existed from time memorial and are too large to be solved by one person at a time and if they affect huge numbers of people we are numb by their enormity.  

Photographs can be effective for a while. They capture our attention — they get us to see the reality, to glimpse the reality at a scale we can understand and connect to emotionally. But then there has to be somewhere to go with it.

“There is no constant value for human life.”

Granted that certain global issues cannot be solved by on-the-ground, grassroots-style projects like human rights, climate change, wars, etc. 

So is it a perception problem? 

No matter how hard we try we are unable to perceive the whole earth never mind the Universe as one.   

We witness this many times in history when the value of a single life diminishes against the backdrop of a larger tragedy and now we are once again witnessing it with COVID-19.

We all go to great lengths to protect a single individual or to rescue someone in distress, but then as the numbers increase, we don’t respond proportionally to that.

We don’t scale up, even when we’re capable. 

There’s a hard limit to human compassion. The human mind is not very good at thinking about and empathizing with, millions or billions of individuals. As the number of victims increases, our empathy, our willingness to help, reliably decreases.

We seem unable to prevent our past from impacting our present?

However, our current behaviors are not shaped by past events but by mass media in the form of social media which is creating self-limiting beliefs.

They appear so real to the extent that we cant hardly tell whether its a self-limiting belief or a real one, as a result, we are unable to see the world correctly, so we look on as millions die. 

Numbers simply can’t convey the costs, there’s an infuriating paradox at play.

We know that we must protect the Earth but are unwilling to pay the cost of doing so.

Our problem is to replace the false beliefs we acquired with the right one.

Which issues are the most urgent?

And can one person, really, truly, make that much of a contribution?

Here are some of the major issues all global citizens should be aware of if not there are living in coco land. 

FOOD.

One in nine people in the world goes hungry each day.  

It has been estimated that if women farmers could be given the same resources as men, millions of more people could be fed. 

How can it be 2020 and people are still going hungry?

Nutritious food is often more expensive. Visit your local supermarket and compare the price of a punnet of strawberries to a chocolate bar. 

Even though approximately 12.9% of the world is undernourished, about 30% of the adult population is overweight.

HEALTH.

In a world of more than 1 billion people living in extreme poverty (less than $1.25 per day) and 2.2 billion living on less than $2 per day (2011 data)

The reality is far more complex. Untold hundreds of millions of people lack access to essential health services, in fact over half of the world population do not have basic health care. We are a long way from the universal right to health.

Communicable diseases were responsible for 71%  of deaths, and low-income countries are the most severely affected. 

EDUCATION. 

It’s estimated that approximately 600 million children are not mastering basic mathematics and literacy while at school. 

HABITAT AND BIODIVERSITY LOSS. OCEAN CONSERVATION

The earth is full. Full of our waste, full of our demands.

The economy is now bigger than the earth, unimaginable, unattainable, and unsustainable. There is no infinite growth possible on a finite planet because nature sets the rules and individual issues mean nothing if they are not attached to nature.  

There are countless studies and evidence all around you indicating that the coming crises are inevitable.

If an economy grows at 2% per year, it will double in 35 years. 

Imagine twice as much human economic activity as we now have. Can our planet sustain this? Do we need to do this? Why would we want to? Why are we doing this?

Even though a lot of us know that it makes no sense to try to grow endlessly and outstrip the only planet we have. 

What if anything can be changed? 

We all know that the road to global decarbonization must involve renewable energy.

Although the Paris agreement’s goals are aligned with science, alarming inconsistencies remain between science-based targets and national commitments.

Its a no-brainer in the current emerging global political climate.

Rather than tackle mitigation measures economies are now due to Covid-19 returning to pumping more not less carbon into the atmosphere.

Climate stabilization must be placed on par with economic development, human rights democracy, and peace.       

From a money perspective, we can’t help it—we live in a grow-or-die system.?

Currently, we have a system that provides humans to have an innate cost/benefit assessment tool called the smartphone operating at all times. 

Here are a few suggestions.

It is now vital that we consider the motivation and funding sources of those who are shaping our worldview. 

Money must be created without debt so it doesn’t force us to grow and consumer beyond our means.

New Money must no longer enter circulation as credit, that is, as debt.

It will simply be money spent into circulation by the government as a permanently circulating exchange medium to enable the country’s economy to function.

This money will be equity on the national balance sheet and be our commonwealth.

It will replace bank-created debt-money ending the privilege of commercial banks to create and issue what we use as money.

Then we have trillions in the form of pension investment funds that are nontransparently invested. If we demanded that these funds were moved from fossil fuel industries to green energy industries whose returns are going to be massive we would be reducing carbon emissions by millions of tonnes.

Next, we have the advertising industry.

All advertising that does not promote sustainability should be curtailed by law.  We must turn the direction of humanity towards thriving not consumption for profit.  

With the coming economic depression, we do have room for growth—the growth of community cohesion and commons conservation. We can grow our efforts to educate our children, care for our people, and care for the planet. We can grow into a more just, caring, sustainable society. 

Because we are careering into a world of a few haves and billions of have -not.

Access to information owned by Facebook, Twitter, Microsoft, Apple, to name a few, must become transparent and available to all as the interactions of all our individual worldviews shape the condition of humanity.

Lastly, we must address inequality.   

There are now 65.3 million people displaced from their homes worldwide.

Think about that number: 65.3 million. Can you even imagine it?

It’s now or never that we make a profit for profit’s sake contribute to a World Aid fund.

(see previous posts)

As Mahatma Gandhi put it, “Earth has enough to satisfy every man’s need, but not every man’s greed.”

We can’t eat drink or shit data.

 

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

 

 

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THE BEADY EYE ASK’S: HAVE HUMANS ANY VALUE IN TODAY’S WORLD.

06 Tuesday Aug 2019

Posted by bobdillon33@gmail.com in #whatif.com, 2019: The Year of Disconnection., Artificial Intelligence., Climate Change., Dehumanization., Evolution, Fourth Industrial Revolution., GDP., HUMAN INTELLIGENCE, Humanity., Inequality, Our Common Values., Post - truth politics., Reality., Robot citizenship., Social Media, Sustaniability, Technology, The common good., The essence of our humanity., 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.

≈ Comments Off on THE BEADY EYE ASK’S: HAVE HUMANS ANY VALUE IN TODAY’S WORLD.

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Human value., Inequility, Technology, The Future of Mankind

 

(Fifteen-minute read)

THIS IS A DIFFICULT SUBJECT:

In today`s tormented world, we trade off meeting one value over another.

To know your value today you need “kaleidoscope thinking,” the ability to see alternative angles and perspectives and to create new patterns of thinking that propel innovation.

However, we think of this it is what we need to do with our lives – create a value.

For better or worse we’re all habitual self-evaluators.

I’m only as good as my last achievement or success.

In a recent Beady Eye post we look at what it is to be human which with technology is going to become more and more complicated.

The value of human life is the same as it’s always been…priceless.

All down throughout history, we see that it has an arbitrary value.

Genghis Khan in his day killed 10% of the existing world population. The “Fat Man” bomb dropped on Nagasaki the end of 1945 killed from 39,000 to 80,000. Hiroshima death toll at around anything from 140000 to 90,000.

Climate change has the potential to kill us all within seven years so perhaps it is not a good time to be thinking we have a value.

Anyway vastly increased access to transportable information it makes it both easier and more difficult to define value.

Technology will not only shape the way they live and work but also created a whole new set of beliefs, fears and aspirations. These values, in turn, will affect our approach to the global challenges and opportunities that lie ahead.

But it’s more than just the way we use technology.

Our value will be invested in “psychological self-determination.” self-acceptance.

Our desire in regard to participation, expression, identity, and quality of life—all values which are espoused by organizations, but largely ignored in practice as organizations continue to focus on reducing fixed labour costs and increasing profits.

Your fate is now inextricably bound to the collective success of global giants like Microsoft, Apple, Amazon all the way down to the bottom line.

Technology is creating a new gender gap as young men and women value their role differently in their lives.

This is a total disaster, all our fault willing allowing our private data to be harvest every moment of our living lives. 

The next generation will be the first generation to be worse off than their parents, yet they are still expected to pick up the tab for the planet’s problems, including an ageing population, global debt and climate change.

So let’s look at a few of the things we might use to find a value today.

How should we set a value upon each other?

FROM A RELIGIOUS POINT OF VIEW:

If one takes a dispassionate look at religion it is mostly concerned with texts, scriptures, dogma, and trying to validate events within the history of that religion.

All of this is already reinforced by the law of the land right?

No Geographical Boundaries.

FROM A SOCIAL MEDIA POINT OF VIEW:

Figures of daily traffic pulled by these sites are enough, for anyone to realize the power and influence that social media commands over inhabitants of our world, both virtual and physical. Power and importance of social media in today’s world are such that it has been included in the curriculum of almost any kind of school all over the globe.

No Geographical Boundaries.

FROM A MONETARY VIEW.

You don’t have to look far: Inequality

FROM A GOVERNMENT VIEW.

A lot of the world is make-believe. We’re only aware of a fraction of what’s going on.

GDP before looking after its people.

FROM A HEURISTIC BELIEF.

I’m worthwhile merely because “I am I, I exist, and I am alive”

(A heuristic is a mental shortcut that allows an individual to make a decision, pass judgment, or solve a problem quickly and with the least amount of mental effort. As humans move throughout the world, they must process large amounts of information and make many choices within limited amounts of time. When information is missing, or an immediate decision is necessary, heuristics act as “rules of thumb” that guide behaviour down the most efficient pathway.)

Thoroughly rejects the belief that my worth has anything to do with my performances, achievements or successes in life! It asserts “a bad act is not a bad me, nor is a good act a good me.”  It implies that there are no bad people, no evil people; only bad behaviours or evil behaviours.

This belief is not without boundaries.

FROM A SOCIAL CONTRACT VIEW THAT BINDS US:

Means society must reserve the right of forced hospitalization, incarceration, even capital punishment for those with markedly diminished levels of rational autonomy, which is the essence of sanity in a world where evolution and consensus dictate that life is better than death, sanity is better than insanity, health is better than disease, love is better than hate, good is better than evil, and so forth!

FROM A CAPITALISTIC/ SOCIALIST/COMMUNIST VIEW:

Their work is worthwhile and that their efforts are being recognised, and value similar things in an employer brand to a consumer brand.

FROM A MORAL VIEW:

Beware of transgressing the other person’s morals, as this is particularly how they will value you.

FROM A NEBULOUS QUANTUM FUTURE VIEW:

Two states at the one time. Where is the value that?

Woman using the instagram app

If we truly saw the value of people.

I am worthwhile because I exist, I am I, and I am alive.”

I will repeat this powerful new mantra to live by in hope of it finding an audience willing to adopt it as a mantra capable of creating a healthy transformation by coming alive within us.

So valuating yourself will be only an intrinsic value that climate

change will expose. 

Perhaps most telling, try Googling it. What is my value?

You probably get an answer from an Algorithm.

Mouse over the value to see the full definition. Worthless. 

Don’t take your values to heart as Facebook wants to develop brain-reading technology. The consequences of which will be serious for all our values with our interiors becoming a thing of the past, rubbing out the distinction between mind and machine.

Sometimes values can be complementary and sometimes they can compete with each other.

You have to value your life for someone else to value it and need to value others for them to value yours.

There is only one overall value for all humans or forthcoming robots to pursue.

To create a clean and sustainable world for the generations that follow us.

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

 

 

 

 

 

 

 

 

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

01 Monday Apr 2019

Posted by bobdillon33@gmail.com 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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Algorithms., Artificial Intelligence., Capitalism, Capitalism and Greed, Climate change, Distribution of wealth, Earth, Environment, Inequility, The Future of Mankind, Visions of the future.

 

( 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.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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THE BEADY EYE SAY’S IT IS TIME TO RETHINK OUR MEASUREMENT OF ECONOMIC GROWTH.

27 Friday Apr 2018

Posted by bobdillon33@gmail.com in 2018: The Year of Disconnection., Capitalism, Fourth Industrial Revolution., GDP., HUMAN INTELLIGENCE, Humanity., Modern day life., Our Common Values., Sustaniability, Technology, The cloud., The common good., The Obvious., The world to day., Unanswered Questions., Wealth., What Needs to change in the World

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Brexit v EU - Negotiations., Business and Economy, Capitalism, Capitalism and Greed, Distribution of wealth, GDP., Inequility, Visions of the future.

 

 

( A three-minute read)

Right now one of the reasons our economies have to grow is because of debt.

The global economic system runs on money that is itself debt.

GDP (gross domestic product) has outlived its usefulness as a metric of economic size and is it stoking social and environmental crisis by encouraging growth at any cost.Résultat de recherche d'images pour "picture of gdp per capita"

The kind of statistics we’ve used in the past just isn’t working anymore.

With the planet warming and some resources already exploited to near-exhaustion, including many fisheries, with technology removing trade agreements, (as companies and customers increasingly transact their lives in the cloud not to mention blockchains) we need something that accounts for such factors.

GDP can no longer measure the distribution of wealth within a country.

Even where there is growth, disenchantment with how it is shared out can be seen vividly in Brexit-bound Britain. Notably, So, while its total value can go up, gains are all too often skewed to top earners. Those lower down the ladder can fall further behind in relative terms.

It does not encompass the black market, omitting a huge source of activity and income in many developing countries, including in Africa and Latin America.

We’ve got to find another mechanism to include much bigger parts of the population, and use different metrics to measure the success of a country.

So, what are the alternatives to GDP?

The WEF this week proposed a broader measure of growth called.

The Inclusive Development Index (IDI) is an annual assessment of 103 countries’ economic performance that measures how countries perform on eleven dimensions of economic progress in addition to GDP. It has 3 pillars; growth and development; inclusion and; intergenerational equity – sustainable stewardship of natural and financial resources.

However for this to truly work countries would need to be liberated from the pressures to exploit their citizens in the hunt for income to repay debts and we would need to remove the creation of debt- based money.

Another word we would have to cancel the debt of sovereign nations and move the creation of money away from the state.

Of course in a capitalist world, this is unrealistic.

China alone owns– $1.168 trillion as of January 2018 of U.S. debt.

However, the European Union which is in need of reform could do a lot to liberate its members from the tyranny of growth.

Some creative long-term thinking is needed.

It could actively downgrade consumption, by banning advertising on mobile phones, I pads and Public place, all of which use manipulation of emotions.

It could write off a reasonable chunk of the Greek debt by spread it among its members in return for solar power.

It could turn the euro into real money by insisting that all banks in the European Union hold at least 50% reserves against money lent. 90% of the money circulating in our economies is created out of thin air.  Banks lend it into existence.

It could create a basic minimum income by taxing all profit-seeking Algorithms.

It could tax plastic and sugar.

It could stop the farcical traveling circus which sees the European Parliament move between Brussels and Strasbourg every month.

It could set an example for the rest of the world.

Unfortunately, we are all to busy with I am alright Jack isolation syndrome – its grow or collapse.

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

 

 

 

 

 

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THE BEADY ASK’S: IS IT TIME TO REMOVE THE IMMUNITY OF PROFIT SEEKING ALGORITHMS,THE WORLD BANK AND THE IMF.

01 Sunday Apr 2018

Posted by bobdillon33@gmail.com in Algorithms., Artificial Intelligence., Fourth Industrial Revolution., GDP., HUMAN INTELLIGENCE, Humanity., Our Common Values., Social Media, Sustaniability, Technology, The essence of our humanity., The Obvious., The world to day., Unanswered Questions., War., What Needs to change in the World, Where's the Global Outrage.

≈ Comments Off on THE BEADY ASK’S: IS IT TIME TO REMOVE THE IMMUNITY OF PROFIT SEEKING ALGORITHMS,THE WORLD BANK AND THE IMF.

Tags

Algorithms Democracy., Algorithms for Profit., Algorithms trade., Algorithms., Artificial Intelligence., Inequility, Technology, The Future of Mankind, Visions of the future.

 

( A seven-minute read)

We all know that Social Media as it is called is having an effect on many if not all aspects of society both for good and bad.

TECHNOLOGY is now described as the third Industrial Revolution, with profit-seeking algorithms being the mercenary soldiers of the platforms on which Social media relies that are not only going to cause an algorithm war that will continue to unstabilize the world we live in.Résultat de recherche d'images pour "picture cyberwar"

An algorithm war will be the great oxymoron of our time.

Why will they cause a war? A digitally controlled systems war.

Because of originality.

At the moment it is vital that natural substances and public knowledge remain in the public domain so that we all have equal access to the collective humanity’s intelligence. Soon, however, we will not know who owns what, seed patenting, plants, medicines, and genetic materials, data, you name it and some algorithm will be controlling it.  The more a nation or group of people is dependent upon digital systems, the more vulnerable they will become.

If we are to have a planet where companies can roam the planet in search of ever cheaper means of making a profit with these algorithms we must demand a global minimum wage.

Algorithms are already addictive. Promoted by multinational corporations that are avoiding taxes by their home countries.

The most effective way to take back control is to establish a Cloud Strongroom where all software programmes, are registered to their origins and a copy of the original program is held for future reference, transparency, available to all.

There is no doubt about the impact of AI. What will be automated next?

AI is only one fish in a vast ocean of technological progress.

” You can’t connect the dots looking forward; you can only connect them looking backward.” Jobs.

Scientific data is piling up around us telling us that we are currently destroying what is left of the earth  >  deforestation, warming and acidification of oceans, CO2 emissions, melting ice caps, species extinction 100 to 1000 times faster than before the last Industrial Revolution, overfishing, soil degradation, over-exploitation of the earth ecosystem, running out of oil,  pollution of drinking water, breathable air etc.

The list is endless combining to what we call human progress – GDP.

When in reality what is need is to decouple GDP from material throughput.

Consumption in rich countries is outpacing CDP growth. Perhaps if we placed a moratorium on Advertising for a few years we might reduce consumption and release us from the tyranny of growth at any cost.

If we peel back the false promises of technology the problems we have are much deeper causes, to tackle such as inequality, and consumption that is putting our plant at risk. Not to mention technology replacing many jobs creating a crisis of unemployment.

It’s time before the technology of profit-seeking algorithms plunders what is left of the world resources that we redistribute on merit bases that reflect the population of a country and their development needs the voting power within the United Nations, the World Bank, the IMF, the WTO.

If you look at the World Bank and the IMF you will see that most of the countries representatives in both institutions are finance ministers, or central bank governors while the WTO has trade ministers neither of which have people or the environment as their mantra.

This needs to be done as

Our major world institutions are long overdue in need of reform.

In order to create a fairer global economy is it not the time to democratize the major global institution’s and remove the veto powers.

Right now votes are apportioned to each country according to the financial shares in the institutions with the rich countries claiming over 60%.

The World Trade Organisation is technically democratic with one vote for each member state, but in reality, it is the countries with the biggest markets that pull the punches.

The poorer countries are don’t have the negotiating prowess or the funds to make their voices heard.

Instead of a few powerful countries setting the agendas and predetermining decisions in what is called the green room a large dose of transparency is required allowing the media to access whether the rules and penalties stand up to the common sense notion of fairness.

Perhaps we can get social media to evolve to where it is the people of countries that elect who represents them in these Institutions.

If we don’t bring our institution into the technological age there is little likelihood that the next wave of general learning algorithms (that will be able to solve problems with us specifying how) will place power in our hands but rather in the hands of a few companies and as we have witnessed recently power corrupts and absolute power corrupts absolutely.

When men run out of words they reach for their swords, not their mobile phones.

One way or the other Algrothims are going to change human history.

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

 

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THE BEADY EYE SAY’S: WE NEED A NEW WAY OF MEASURING GROWTH.

30 Saturday Dec 2017

Posted by bobdillon33@gmail.com in 2018: The Year of Disconnection., Algorithms., Capitalism, Fourth Industrial Revolution., GDP., Happiness., Humanity., Our Common Values., Poverty, Social Media, Sustaniability, Technology, The cloud., The Obvious., The world to day., Unanswered Questions., Wealth., What Needs to change in the World, Where's the Global Outrage., World Aid., World Organisations.

≈ Comments Off on THE BEADY EYE SAY’S: WE NEED A NEW WAY OF MEASURING GROWTH.

Tags

Artificial Intelligence., Capitalism, Capitalism and Greed, Capitalism vs. the Climate., Democracy, Distribution of wealth, Environment, Globalization, Inequility, Social Media, Sovereign Wealth Funds, Technology, United Nations, Visions of the future., World aid commission

 

( A Four minute Happy New Year read)

As David Attenborough once said.

” Anyone who thinks that you can have infinite growth on a finite planet is either a madman or an economist” I would add technology in the form of profit seeking Algorithms.

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

Infinite growth might have seemed possible when Captain Cook was around, unfortunately it no longer holds.

However we are all still lead to believe that GDP marks human progress.

Our world is rapidly changing.  Markedly defined by the Internet.

We are now standing on the threshold of divorce between Money and State with natural systems under enormous pressure which I am sure I don’t have to high light here.

With the planet groaning, ever trade deal is a new frontier of accumulation a form of World GDP exploitation that was and still is promoted by the help of the World Bank, and the IMF.

We are now at a stage where GDP growth is beginning to create more poverty, and inequality than it eliminates.

Unfortunately the resources of the world have been exploited both for debt and profit rather than sustainability, and as long as GDP growth remains the main objective of Globalization we will see more and more countries going into irreversible debt, and war over freshwater, air, and energy.

These profound changes are emboldened by the evident failures on both levels of political control: Technological Regulations/ Laws and the growing power of monopoly platforms like Facebook, Twitter, Google, Microsoft, the Cloud etc.

Don’t worry say’s technology we can decouple sustainability and material throughput.

A beguiling vision of a future lightweight economy.

Facebook and the Cloud are gathering an unprecedented amount of power and allowing their business practices to be a disruptive force for democracy.

All pointers signaling the widespread decay of the economic and political frameworks in which our institutions operate.

With profit seeking algorithms rich countries are in fact increasing consumption, still producing stuff and by 2030 it will be in the 100 billion tons.

There is also a growing belief as we convert to renewable energies and begin to use negative – emissions technologies that we can change the damage to the climate.

However if we continue to ignore that energy use is only part of the problem.

It is what we are doing with it is the problem.

Polluting our sea, chopping down our forests, producing cement, creating land fills with waste, eroding our land, all contributing more and more greenhouse gases. Switching to clean energy will do nothing to slow this down.

The problem is much deeper than we are willing to admit. 

We need a new consciousness for a different world.

Our crucial first step would be to get rid of GDP as a measure of economic growth/progress and well-being.

We need to have an open discussion about what we really value.

We are all aware of the individual problems, but the main problem remains the same – Inequality due to the distribution and exploitation of the world’s wealth.

Any rich country that has food banks, people sleeping on the street, is for me a failed state.

I have written many a post with a solution that to date has fallen on deaf ears.

it is my conviction that at this point and time its impossible to correct the imbalances of Capitalism. We can only ensure that Capitalism pays for the damage by introducing a World Aid Commission.

0.05%

On all High Frequency trading, on all Sovereign Wealth Fund Accusations,on all Foreign exchange transactions over $50,000, on all Social Media platforms postings, on all Bitcoin’s, and other digital currency transactions.

This fund would be a perpetual source of money.

It could replace the begging Organisations.Résultat de recherche d'images pour "pictures of world aid funds"Re Establish the United Nations an effective world organisation that could address and react to world needs, where ever, when ever.

It could be managed under the UN umbrella, provided it was totally independent/ transparent of any lobbing and political veto interference.

Its funds could be granted with no repayments requirements.

It would change the world for the better, by spreading its wealth where it is needed most.

Résultat de recherche d'images pour "pictures of world aid funds "

Of course the problem remains as to how we get our Capitalist Master to implement such a course of action.

Perhaps Bitcoin’s ability to promote the divorce between Money and State, might be a place to start. 

All suggestions appreciated.

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

 

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← Older posts

All comments and contributions much appreciated

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