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THE BEADY EYE SAY’S: OUT OF NO WHERE, OUR WORLD IS TURNED UPSIDE DOWN.

15 Monday Jan 2024

Posted by bobdillon33@gmail.com in #whatif.com, A Constitution for the Earth., Artificial Intelligence.,  Attention economy, Brexit., Capitalism, CAPITALISM IS INCOMPATIBLE IN THE FIGHT AGAINST CLIMATE CHANGE., Civilization., Collective stupidity., Cry for help., Digital age., Disaster Capitalism., Disasters., Disconnection., Environment, Fourth Industrial Revolution., Honesty., How to do it., Human Collective Stupidity., HUMAN INTELLIGENCE, Human values., Inequality., Inflation, Inflation., International solidarity., Modern day life., Our Common Values., PAIN AND SUFFERING IN LIFE, Populism., Poverty, Reality., Renewable Energy., Social Media, State of the world, Sustaniability, Technology, Technology v Humanity, The common good., The essence of our humanity., The new year 2024, The Obvious., The state of the World., The world to day., THE WORLD YOU LIVE IN., THIS IS THE STATE OF THE WORLD.  , Truth, Unanswered Questions., Universal values., Universal Basic Income, VALUES, We can leave a legacy worthwhile., What is shaping our world., WHAT IS TRUTH, What Needs to change in the World, Where's the Global Outrage., World Leaders, World Organisations., World Politics, World View.

≈ Comments Off on THE BEADY EYE SAY’S: OUT OF NO WHERE, OUR WORLD IS TURNED UPSIDE DOWN.

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Algorithms., Artificial Intelligence., Capitalism and Greed, Capitalism vs. the Climate., Climate change, Distribution of wealth, Environment, Government, Inequility, news, politics, Technology, The Future of Mankind, Visions of the future.

( Five minute read)

A global pandemic killing millions of people and forcing entire countries into lockdown.

Then inflation takes off and (not unrelated) one country invades another and the resulting war affects us all.

Whoa! Where on Earth did all that come from?

We have to think about how we got here.

As if we don’t know its all wrapped up in one word   Inequality.Black placard with 'one world' written on it.

The cost of things average people must buy—healthcare, education, housing—tends to have risen more than wages did over the last two decades. Rising inequality across income, race and gender all demand urgent attention. It needs to made clear to leaders that in 2024 their citizens are expecting them to raise their ambition for humanity and deliver bold agreements to tackle poverty, inequality and climate change.

Government’s policy making will need to become more innovative to address such challenges other wise we going to have a left behind technological societies. We’re going to see, unfortunately, more technological unemployment. We’re going to have to think very carefully in political terms and in social terms about the implications of further automation.

Individual responsibility will play a role, too, in areas such as climate change.

To ignore the issue of inequality culture will need to adjust in terms of revisiting some of our values.

—————–

To start thinking outside of the box. We may have to consider very seriously ideas such as a universal basic income.

There are just over 7 billion people living on the planet today, spread between 196 (recognized) countries. Within each of these countries are groups of people with different ethnic backgrounds, different religious beliefs, different political beliefs. It’s because of these differences, you could argue, that the world is plagued by conflict.

Unfortunately, the future isn’t talking. It’s just coming, like it or not and we as individuals need to take ownership of this.

I dont know about you but I realized long ago that globalization was on its last legs. I also realize this isn’t pleasant to think about. Western economies have become knowledge based. This means Marx’s three factors of production (land, labor, capital) now have a fourth.

Politics as a social contract between a sovereign and citizens is no longer working. Each individual’s share of sovereignty, and therefore their freedom, diminishes as the social contract includes more people.

Power now resides with those best able to organize knowledge turning politicians into basically middlemen, bring a shift to direct democracy, with popular social media protests swamping sprawling governments.

We must do more to assertively channel technology to support progress and protect people and the planet.

As we entered the the 2020s it is clear that we are far from unlocking the potential of technology for our toughest challenges. We stand at a critical juncture to put these technologies to work in a responsible way for people and the planet.

Technology and political trends are aligning against mega-powers like the US and China.

How do we reconcile that with democracy in countries with millions of citizens?

Not with “America Alone” ” Brexit” or any other forms of isolation, which are highly problematic, as they are based on anxiety and insecurity, so inevitably create discord and division.

This is obvious to anyone with a brain looking at climate change – trade – wars – inequality – technology’s – and ideologies of I am all right Jack.

—————————

Historically, political regimes tend not to last more than a few centuries.

I’m not sure we can. Some things are so horrible, you don’t want to think about them.

  • Today’s great powers have little choice but to spend their way to political stability, which is unsustainable, and/or try to control knowledge, which is difficult.
  • Nor do we have any elder statesmen or nationally unifying figures whom everyone respects, much less agrees with. This will make our various problems worse.
  • Ownership rights mean little without a government to protect them and courts to settle disputes.
  • This world we now inhabit wasn’t always fit for human’s nothing requires it to remain so. At some point, it will develop into something else. When and how that will happen, we don’t know yet. But we know it will.
  • We haven’t even talked about climate change. Issues like climate change will create further exacerbations on conflicts, and new forms of technological and cyber warfare could threaten countries’ elections and manipulate populations.

In the last two years: 90% of the data in the world was created.

Now it is up  – technology companies large and small, industry, policy-makers, citizens and consumers alike – to use this power for good, before we run out of time. Now is the opportunity for leaders to step up into this new wave of opportunity and expectation.

We are the first generation to know we’re destroying the world, and we could be the last that can do anything about it. Our leaders are not on track to deliver. We need to ensure we hold our politicians accountable.

Food production is a major driver of wildlife extinction. We need to make wasting our resources unacceptable in all aspects of our life. We can all do more to be more conscious about what we buy, and where we buy it from.

We can and must end poverty and hunger, in all their forms and dimensions by addressing the underlying complex issues of fragility, conflict, and displacement and the looming threat of climate change.

The challenges facing the world are complex and intertwined and require complex solutions.

Another word is about to enter our collective dictionaries: permacrisis. What we do between now and 2030 will determine whether we as a collective species are intelligent or just dumm machines

Solutions to climate change and biodiversity loss won’t come from any one sector: they’ll come from governments, finance, business and civil society.

We’re analyzing satellite images but unable to see the picture that we all live on the same planet.

Like most of us, we are brought up to think in terms of countries with borders and different nationalities.

In some cases, there are natural borders formed by sea or mountains, but often borders between nations are simply abstractions, imaginary boundaries established by agreement or conflict.

How then do we explain nationalism? Why do humans separate themselves into groups and take on different national identities? Maybe different groups are helpful in terms of organisation, but that doesn’t explain why we feel different. Or why different nations compete and fight with one another.

When people are made to feel insecure and anxious, they tend to become more concerned with nationalism, status and success. Poverty and economic instability often lead to increased nationalism and to ethnic conflict.

The world in general does not have a sense of group identity.

If a terrorist’s biggest weapon is terror, climate change is going to inflict terror beyond belief.

Tsunami’s. Earthquake’s, Hurricane’s, Flood’s, War’s

We must shift 85% of the world’s energy supply to non-fossil fuel sources, not grant more oil exploration licences.  Our economies depend on healthy, supportive natural systems.

A more sustainable path is possible. But we need to rally individuals, governments, companies and communities around the world to take action with us over the next decade.

It’s impossible to override the fundamental interconnectedness of the human race.

People from all around the world need to take a stand a citizen’s movement using the NEW BEADY EYE HASHTAG:   #movebeyonditwiththebeadyeye

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

Contact bobdillon33@gmail.com

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THE BEADY EYE ASK: JUST WHAT IS INFLATION IN ECONOMIC TERMS?

11 Saturday Jun 2022

Posted by bobdillon33@gmail.com in #whatif.com, Inflation

≈ Comments Off on THE BEADY EYE ASK: JUST WHAT IS INFLATION IN ECONOMIC TERMS?

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Business and Economy, Inflation

An economist will tell you that inflation is the term used to describe the general rise in the price of goods and services over a certain period. Put another way, inflation is when money loses value over time.

I SAY THERE IS MORE TO IT THAN THAT.

Inflation doesn’t impact all consumers equally but plays a significant role in an economy by redistributing wealth, with consumers becoming poorer, limiting their disposable income.

Ever since the pandemic outbreak, the woes of the common man have been multiplying every day with gas and energy price increases leading the way to higher inflation with no gaps to stop it. 

We and governments are unable to cut short our expenses so there’s a domino effect with the UK going through a ringer, especially when it comes to its economy.

A combination of Quantitive Easing, Brexit, the Pandemic, the Ukrainian-Russian war, and Supply/demand shortages, not to mention other hair brain projects have all added to inflation.

It certainly appears that things are going to get worse. Maybe much worse, so what can be done?

Much of the economy depends on consumer confidence, right?

We can agree that a healthy economy is the only solution to maintaining or gaining a better standard of living for everyone. Without that, we can forget about solving any “existential problems.”

Taxpayers already toil half their working lives just to pay off the taxman.File photo dated 24/01/18 of UK five pound, ten pound, twenty pound and fifty pound notes with one pound coins, as The Government has promised to fund violence reduction units (VRUs) for the next three years in a bid to tackle serious crime. PA Photo. Issue date: Friday April 1, 2022. The Home Office has vowed to spend an additional ?64 million on VRUs over the next 12 months after research suggested they were helping cut violent crime. See PA story POLITICS Violence. Photo credit should read: Dominic Lipinski/PA Wire

Governments get their revenue from taxation.

It’s been calculated that tax revenue will total £873 billion in 2020/2021, £63 billion more than in 2019/2020 (£810 billion). Public spending is expected to be £928 billion, £86 billion more than it was last year (£842 billion). This is £55 billion more than what the tax revenue will be this year.

The Covid-19 pandemic resulted in very high levels of public spending. Current estimates of the cost of Government measures announced range from about £310 to £410 billion. This is the equivalent of about £4,600 to £6,100 per person in the UK.

Yet taxes should be transparent and understandable. But how many people know how much tax is on a pint of beer? Or a flight to Marbella? Or a liter of petrol? Having so many different indirect taxes removes transparency and makes ethical decision-making more difficult.

Currently, 31.4 million must file an often complicated tax return.Turning up the tax heat in the UK

In the United Kingdom, the value-added tax or value-added tax, VAT was introduced in 1973, replacing Purchase Tax, and is the third-largest source of government revenue, after income tax and National Insurance.

As VAT is levied on revenues and not profits it harms low-margin businesses disproportionately. As any fool knows, the first principle of VAT is that you should be able to calculate it in your head.

It is the one stealth tax that the right doesn’t seem to mind.  

It seems that this tax is the wrong way round.

We shouldn’t be taxing businesses that add value, but those that do not.

For instance, are Internet sales taxable?  

Here is the problem. Knowing and understanding are two different things.

There are two different sorts of inflation.

Demand-pull inflation is when demand for a particular product or service outstrips supply, forcing businesses to raise costs.

This combined with Cost-push inflation is caused by the rise in raw materials prices.

We know that capitalism for profits is out of control. 

We know that what’s vital is for people to feel empowered to hold corporations accountable but don’t hamstring them.

We know that government interventions lag behind what is needed and this puts additional strain on businesses that will start the cycle again by laying off more workers. 

We know that the latest inflation surge is primarily driven by soaring energy and fuel prices and the war in Ukraine also pushing food prices higher and the Russia-Ukraine conflict is expected to drive these even higher.

We know that tax reform is now essential and the question is whether the various tax reliefs that people currently enjoy are ‘fit for purpose. The ever-widening gap between the nations’ income from tax take and expenditure on social and health care now makes a review an imperative to put the UK’s public finances back on a more sustainable footing.

We know that the National Debt has steadily grown as a result of essential expenditure during both war and peace, and the payment of ‘interest’ on it has long been an unavoidable item of annual expenditure

“Taxation is the price we pay for civilization.” Taxation represents the replacement of the handshakes of commerce with the threat of force as an instrument for human governance.

Taxation is an instrument in a continuing war over how human relationships are to be constituted.

As taxation recedes, handshakes and promises become more prominent in human governance. As taxation expands, duress, threats, and force take on greater significance.

Because the mere possession of the power to employ force almost inevitably expand its use beyond its necessary limits

If taxes were replaced by voluntary contributions, it would be impossible for anyone to claim that the state was involved in expropriating private property. At the same time, it is argued, that people would have strong incentives to take free rides on the contributions of others. As a result, services such as civil order and national security, which we all value, are likely to be underfunded.

A central tenet of democratic ideology is the belief that taxation is something we do to ourselves for our common benefit and nondiscriminatory taxation impedes efforts to use taxation to reward or punish certain forms of activity. Yet a great deal of tax legislation rewards or punishes specific forms of activity.

Once a government acquires the power to reward or punish particular types of activity, the principle of broad-based, nondiscriminatory taxation quickly evaporates under the heat of politics. The result is unlimited power to tax, where the only limit on the reach of the tax collector is the pragmatic one of political pressure and votes.

|s there any solution? 

What are all benefits that were withdrawn over a period of ten years and replaced by a basic living wage?

The vat was replaced by a sales tax not applicable to essentials. Sales tax hits consumption instead of income. That means we’ll consume less and thus decrease the national carbon footprint.

Then at least people would have the power over where when and how they spend.   

“Taxation is theft”

When the government plans to spend money on something (support for the arts, a space program, a national retirement program, and so on), one should ask: would it be permissible to steal from people in order to run this sort of program? If not, then it is not permissible to tax people in order to run the program, since taxation is theft. 

As we see over and over allowing some individuals to assume the role of a government, possessed of the unique powers associated therewith, is unlikely to compel those individuals to act more nobly or selflessly.

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All comments and contributions much appreciated

  • THE BEADY EYE SAYS TRUST IS DISAPPEARING THANKS TO OUR INABILITY TO RELATE TO EACH OTHER. December 19, 2025
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  • THE BEADY EYE SAYS. TO THE NEXT GENERATION TO LIVE A LIFE WORTH WHILE YOU MUST CREATE MEMORIES. December 16, 2025

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