Tag Archives: Distribution of wealth

THE BEADY EYE SAYS. THE CLIMATE CRISES IS NO LONGER A LOOMING THREAT IT IS ARTFICAL INTELLIGENCE.

29 Saturday May 2021

Posted by in #whatif.com, 2021. The year for change., Algorithms., Artificial Intelligence., Capitalism, Climate Change Summit Scotland 2021, Dehumanization., Digital age., Enegery, Environment, Fourth Industrial Revolution., Green Energy., How to do it., HUMAN INTELLIGENCE, Human values., Humanity., Modern Day Communication., Modern day life., Post - truth politics., POST COVID-19., Purchasing Power., Reality., Renewable Energy., Sustaniability, Technology v Humanity, The common good., The essence of our humanity., The Future, 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.  , VALUES, We can leave a legacy worthwhile., What Needs to change in the World, Where's the Global Outrage.

≈ Leave a comment

Tags

, , , , , , , , , ,

 

(Eight-minute read) 

We live in an age in which intersecting crises are being lifted to a global scale, with unseen levels of inequality, environmental degradation, and climate destabilization, as well as new surges in populism, conflict, economic uncertainty, and mounting public health threats.

All are crises that are slowly tipping the balance, questioning our business-as-usual economic model of the past decades, and requiring us to rethink our next steps.

In the next few months, we will once again witness a gathering of verbal diarrhea in Scotland all promising to go green.

There is no doubting in the last few decades that we humans have achieved advances away beyond what our ancestors would have believed possible. The irony is that to survive we have to become something very different from what we are. 

Many optimists believe that technology can transform society and solve climate change.

To a great extent, this is probably true no more so than in the field of medician. 

Take the discovery by Alexander Fleming in 1928 of Penicillin.

Before its discovery, we were dying thirty years early than we do today. 

His discovery was down to an accidental piece of bacteria landing on one of his Petri dishes which took another ten years to develop into a drug to save lives. 

Today with human intelligence and machine learning we can produce drugs in a matter of months.     

The way forward to reducing CO2 emissions is not a by-pass lane it is by using the technologies that already exist.  

It’s time to cut out the verbal and bull shit and make these technologies affordable to all. 

Yes, the world today is in a dire state and a new kind of social and ecological environment needs to be created with green energy the price of which is toppling daily.

Comparing global problems involves lots of uncertainty and difficult judgment calls, but every problem is solvable if we devote resources to building a just world and not guns.

THE WORLD RUNS ON ELECTRICITY.  

SO IF WE WANT A GREEN FUTURE NON-REPAYABLE GRANTS TO CONVERT FROM FOSSIL FUELS GENERATED ELECTRIC TO ENERGY BY NON-POLLUTING RENEWABLE MATERIALS – WIND – SUN- WATER-  GEOTHERMAL – HYDROGEN. 

SUCH A MOVE WOULD CREATE MILLIONS OF JOBS AND COULD BE FUNDED BY PLACING A WORLD AID COMMISSION OF 0.05% ON ALL ACTIVITIES THAT HAVE PROFIT FOR-PROFIT SAKE AT THEIR HEART. ( See previous posts) 

                                  _______________________ 

 

We are now presented with two very different futures. 

The last generation that can stop devastating climate change. We have the knowledge and the tools – we just need politicians to lead the way.

or

We fail to meet climate mitigation goals.

For certain, either outcome will not be easy or cheap and it is happing faster than we wish to acknowledge.  

The problem is the two outcomes are profoundly interlocked with lots of uncertainty.

HOWEVER, UNLIKE THE CURRENT PANDEMIC CLIMATE CHANGE WON’T JUST DISAPPEAR IT WILL REQUIRE A NEW MEANING OF LIFE.

To recognize that we are entering a new world with opportunities and perspectives is an enormous challenge not because of climate change but because of the current inequalities existing on the Planet.

The choice we are now confronted with is one we will have to make over and over again as we transition to a more resilient, zero-carbon, just, and healthier future.

The question is who is going to pay for the transition.  

New transformative technologies may promise a radically better future but also pose catastrophic risks.

THERE IS LITTLE POINT IN REDUCING GLOBAL TEMPERATURES IF BY THE TIME IT HAS STABILIZED HALF OF THE WORLDS POPULATION HAS BEEN DESTABILIZED OR DISPLACED.

A lack of global emphasis on foreign aid, conflict, and political factors have kept poverty as a driving factor of Inequality.

To adjust to the coming new kind of social and ecological environment, how do we frame either of the above outcomes constructively.

We will have to relearn the world to do so. 

We have to become more aware of the future of our planet and our future and the legacy of the human species to start a serious battle to make up for the damages.

At the moment it is difficult to know the changes in the ecosystems that surround us not to mention the social uncertainty to come.

The fundamental economic problem is related to the issue of scarcity.

Society is mostly dominated by people wishing to consume more goods and services that are available.

One in nine people in the world go hungry each day and suffer from nutritional deficiencies as a result.

Currently, 1 in 9 people lack access to clean water across the world.

The problem is not that we aren’t producing enough food, but rather that people lack access to food. Many people do not have enough money to purchase food and cannot grow their own.

To try to work out which global problems are most pressing and make progress on foundational questions about how best to address them is impossible unless we address the fundamental problem.

To recognize that scarcity will drive almost everything. 

To recognize a sense of shared humanity. 

To recognize that approximately 600 million children are not mastering basic mathematics and literacy while at school.

To recognize that is not just climate change that treating the world but artificial intelligence and the way we are using it.

Using only the interaction of its embedded sensors, computer programming, and algorithms in the human environment and ecosystem — is becoming a reality that cannot be ignored anymore.

Because building autonomous weapons systems are one thing but using them in algorithmic warfare with other nations and against other humans is another.

They will in no uncertain terms alter the very fundamentals of security and the future of humanity and peace.

As global temperatures continue to rise, technology improves and the world economy grows, it gets easier to cause destruction on an ever-larger scale with the weaponizing of artificial intelligence both military-wise and as a social tool. 

The Weaponization Of Artificial Intelligence

The development of autonomous weapons system (AWS) is progressing rapidly, and this increase in the weaponization of artificial intelligence seems to have become a highly destabilizing development. It brings complex security challenges for not only each nation’s decision-makers but also for the future of humanity.

There are always unforeseen consequences when new technology is introduced. Those unintended outcomes of artificial intelligence will likely challenge us all.

 AI algorithms must be built to align with the overarching goals of humans.

As more and more data is collected about every single minute of every person’s day, our privacy gets compromised.

Look at what is happing in China with its social credit system, it could devolve into social oppression.

Unless you choose to live remotely and never plan to interact with the modern world, your life will be significantly impacted by artificial intelligence.

The transformative impact of artificial intelligence on our society will have far-reaching economic, legal, political, and regulatory implications that we need to be discussing and preparing for.

Sure, it can transform our lives for the better.

In fact, people have gotten used to depending on AI for almost everything and can’t imagine not having these technological advancements as part of their life. Because many processes and applications are getting automated, people are getting addicted to these kinds of inventions which can be an issue for future generations to come.

Societies will face further challenges in directing and investing in technologies that benefit humanity instead of destroying it or intruding on basic human rights of privacy and freedom of access to information.

  • In the future, predictive analytics and artificial intelligence will play an even more fundamental role in content creation that will affect our wallets, health, safety, and lives.

The mistake we are making is to think that this situation is the only future. 

That it is impossible to regulate AI because of the rate of AI change entails. 

This is not true as it is possible to Audit all AI technology and algorithms to ensure that comply with human values and to make their programs totally transparent. 

Why is the above urgent?

Because combined with climate change we are faced with and a transactional wealth of a new currency of unknowable value called personal data inequality will ravage the planet we all live in and on.    

These are not some science fiction movie scenarios the current Pandemic is revealing a much more tragic and fragile world that requires more than trust. 

The United Nations (UN) currently lists 22 “Global Issues”. 

These correspond with the most important issues of our time and are known as the United Nations Sustainable Development Goals (UN SDGs).

Here is a few of them. 

FOOD SECURITY.

HEALTH ISSUES.

EDUCATION.

GENDER EQUALITY.

AFRICA.

ENVIRONMENTAL ISSUES/ POLLUTION. 

OCEAN CONSERVATION.

WATER SCARCITY.

GLOBAL ISSUES THAT REQUIRE POLICY SOLUTIONS.

This is not intended to be an exhaustive list. Rather, it serves as an overview of some of the major issues all global citizens should be aware of.

Artificial intelligence is not on the list. 

Because the biggest challenge facing the planet needs every solution possible including technology like artificial intelligence (AI). 

But AI is not a silver bullet it can only unlock new insights, pinpointing those responsible for it.

The current environmental issues pose so many problems to industry and society that not enough action has been taken to stop turning Climate change into a product. 

My goal in this blog is not to convince people climate change is real, or that AI is destroying society it’s to get people who do believe that climate change is real and that Algorithms for profit’s sake are plundering the world to do more to affect change.

What can be done by any of us against the might of Capitalism that will have any effect? 

There is only one weapon available to us all and that is our buying power.  

 If we use our collective buying power you will then see not just governments but global corporations change their tune from profit to sustainability.     

We decide whether we want to look at the world in one way or another, always making tradeoffs.

As Harvey Sacks observed.

” If only we introduced some fantastic new communication machine the world will be transformed” 

” But the best and brightest devices must be accommodated within existing practices and assumptions in a world that has whatever organization it already has”  

All are under threat because all are happening at what scientists estimate to be about 1,000 times the normal pace and are yet to be quantified.

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

 

 

THE BEADY EYE ASKS: ARE WE RIGHT TO BE TALKING ABOUT GOING BACK TO NORMAL OR ARE WE JUST FOOLING OURSELVES.

26 Friday Mar 2021

Posted by in #whatif.com, 2021. The year for change., Algorithms., Artificial Intelligence., Capitalism, Civilization., Climate Change., COVID-19, Digital age., Education., Environment, Fourth Industrial Revolution., Future Education., How to do it., Human Collective Stupidity., Human values., Humanity., Inequality, Life., Modern day life., Our Common Values., Post - truth politics., POST COVID-19., Poverty, Reality., Sovereign wealth fund, Sustaniability, Technology v Humanity, Telling the truth., The common good., The essence of our humanity., The Future, The Obvious., The pursuit of profit., The Reset. Fact or conspiracy., The state of the World., The world to day., THE WORLD YOU LIVE IN., THIS IS THE STATE OF THE WORLD.  , Truth, Truthfulness., Unanswered Questions., VALUES, We can leave a legacy worthwhile., What Needs to change in the World, Where's the Global Outrage.

≈ Leave a comment

Tags

, , , , , , , , , , , , , , ,

 

( Twenty-minute read) 


Apart from the tragic human consequences of the COVID-19 epidemic, it’s impossible to measure the price of A GLOBAL DEPRESSION OR THE COMING CLIMATE CHANGE, NOT TO MENTION THE SURGING INEQUALITY DRIVEN BY AI.

But rest assured that it will be the young generation that will be saddled with the bill and the consequences and few countries are likely to be left unscathed by the covid -19 outbreak’s financial ramifications.

We have conveniently forgotten if you remember before the pandemic we had a financial meltdown in 2008.

Ireland, Portugal, Spain, Italy, economies were all operating on borrowed money with all of them amassing debts away beyond their annual tax revenues to the point that their budgets were consumed entirely by interest payments.

Greece was on the verge of causing the Euro to collapse while England was in the grips of an austerity program that resulted in Brexit the cost of which has no definitive figure. 

90% of this was big banks creating debts world-wise in the knowledge that they would have to be bailed out by the taxpayers. (Too big to fail is a phrase used to describe a company that’s so entwined in the global economy that its failure would be catastrophic.)

While Wall Street hedge funds, with credit default swaps and sovereignty wealth funds, we’re making hay while the sun-shined, world debts were doubling. 

Take Iceland for example. German banks pumped $21 into its banks, Sweden $400 million, England around $30billion, the Netherlands $300 million, Oxford University a mere $50 million. Iceland’s banks went bankrupt. The government couldn’t bail them out because it didn’t have the money. Instead of being too big to fail, they were too big to save. Iceland never resorted to austere budget cuts that are so prevalent in Europe.

They imposed capital controls. They let the banks fail.

Iceland’s economy successfully survived a sovereign bankruptcy and government collapse.

However, Iceland’s government today is spending a back-breaking 17.3% of its tax revenue just to pay interest on the debt.

Without a doubt, Iceland was and is the canary in the coalmine for the sovereign debt crisis that is now unfolding across the world right now.

With investors around the world suddenly wake up to a sobering reality of a major default… bigger than Iceland in 2008. It won’t be long before we see countries defaulting because of the amount of government borrowing to fight Covid-19 

So what happens when governments themselves ceased to be credible? 

This might be something that had been considered preposterous only months ago but when one looks at what is only the start of a global depression it is now very much on the cards.

It’s important to remember that throughout history humanity has experienced no shortage of pandemics and deadly viruses but despite the similarities, of these pandemics some of the differences are now even more striking.

The economic fallout from these pandemics was barely noticeable. (The same can be said of the Spanish Flu of 1918.)

What is making the COVID-19 pandemic so unique is not the virus itself, but our collective response to it. Governments in their zeal to control society, have destroyed the global economy on a scale the modern world has never seen. These losses are unprecedented in modern history. The loss of human life that can never be recovered is regrettable but there’s a degree of anxiety now that’s well beyond the health scares which are still very serious and concerning.

If we take a look for example at the USA.

Its economic loss is more than twice the total monetary outlay for all the wars the US has fought since September 11, 2001, including those in Afghanistan, Iraq, and Syria.

Closer to home. 

Millions out of work, industries losing billions, and that’s just the beginning. Transportation companies losing billions in market value with tourism the restaurant and foodservice industry decimated with real estate defaults looming.

Further afield the so-called least Developed Countries, whose economies are driven by the sale of raw materials, will not be spared either. Latin American region as similarly vulnerable.

In addition to global poverty, the pandemic has adversely affected vaccination rates, HIV transmission, gender equality, education, and more. Unfortunately, these problems won’t be reversed overnight—or anytime soon.

When will things go back to normal?

Never.  

Our society is fundamentally flawed, with a devastating financial storm more than likely on its way we cannot simply hit the reset button and go back to normal.

As we go about rebuilding our society for a new day, it is absolutely critical that we focus our efforts on healing the wounds of the people who suffered most.

We all know that the distribution of wealth is key to any recovery and we are going to witness in this pandemic and subsequent economic depression how inequality is the main cause s of why our world is in such a mess. 

So if we want a world worth living in we must address the distribution of wealth along with education.

( The Solution.

Embedding equity and empathy into our cultures by reimagining schools and the introduction of a Universal Basis Living Wage. 

Rather than preparation education (to enter a world of I am all right Jack ) we should be promoting core values education.

This education should be free to all paid for by the state. Not designed by wealthy white men paying the minimum wage, awarding themselves dividends, launching profit-seeking algorithms, running plundering sovereignty wealth funds, leaving the young generation with massive debt.

After two decades of progress around the world, nearly 37 million people have lost significant amounts of income and are now living on less than $1.90 per day. 

There is little point in governments spending billions on projects that enrich the few while their citizens have to resort to food banks, social welfare, etc. 

While Countries’ debts are ballooning exponentially, due in part to combating Covid-19, the fourth industrial revolution in the form of Technology is eroding the opportunities of earning a living or sharing in the profits of automation, machine learning, etc. 

It is not possible to stop the erosion but it is possible to share the wealth in a fair and meaningful way with a guaranteed income that would cut government costs while stimulating economic recovery. 

By scrapping the concept of the welfare state a form of structural inequality and replace it with a government-guaranteed payment to provide financial security

Cash is the best thing you can do to improve health outcomes, education outcomes and lift people out of poverty.  

It would stop people from emigrating not just to other countries but to cities.

The social welfare state is what prevents the poor from building their wealth to better their lives.

How could it be financed?  

Place a 0.05% aid commission on revenue made by profit-seeking algorithms and tax the top 1% and allocate 10 to 12% of GDP directly to the universal income payments.

The benefit would automatically rise with national prosperity and inflation.

The simplicity of the program means it would also cost governments less.

It is inevitable. If we don’t we will rebuild an exclusionary society.) 

                                                ————–

Germany, Spain, the U.K., and the U.S. are all in the top 10 spenders, all conjure money out of thin air and funnels it to the government.

There will be inquiries.  How long of a sentence does someone get for railroading his nation’s economy? Life? 30-years? 10-years?

Where should we begin to rebuild our lives?

There are a number of possible futures however if we don’t take this opportunity to build a future that is more humane we will slide into something far worse.

The responses so far to the pandemic are simply the amplification of the dynamic that drives other social and ecological crises.

The overriding priority remains to save lives.

However, understanding human behavior in its wider economic context is necessary if we are to solve climate change or if we are to tackle future pandemics problems all created by our economic structure.

Both are socially driven. 

With every week that passes, we learn more about the virus and understand more about how to defeat it. But the more we learn, the more we realize how little the world yet understands about the true nature of the threat – except that it is a shared one that we must all work together to defeat. 

Now is the time to teach the student of society a lesson of humility which should guard him against becoming an accomplice in men’s fatal striving to control society – a striving which makes him not only a tyrant over his fellows but which may well make him the destroyer of a civilization…

The world is “not at the mercy of the virus called covid, but the fuse is burning on the bomb – Climate Change. 

It is at the mercy of Profit for profit’s sake that must be harnessed to affect change.

(See previous posts) 

At the end of the day, the Icelandic people are responsible back in 2008 for their collapse. They were never bailed out. They were stuck with the bill.

It does not take a genius to describe the changes that are needed.   

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

THE BEADY EYE SAY’S. IF YOU LOOK AROUND YOU AT THE PRESENT STATE OF THE WORLD YOU SHOULD NOT BE FORGIVEN FOR FEELING DISPARE.

17 Sunday Jan 2021

Posted by in 2021. The year for change., Algorithms., Artificial Intelligence., Capitalism, Climate Change., COVID-19, Dehumanization., Digital age., Disaster Capitalism., Earth, How to do it., Human values., Humanity., Imagination., Inequality., Life., Modern day life., Our Common Values., POST COVID-19., Poverty, Robot citizenship., Social Media Regulation., Stimulus package., Survival., Sustaniability, Technology v Humanity, The common good., The essence of our humanity., The Obvious., The state of the World., The world to day., Unanswered Questions., Universal Basic Income., We can leave a legacy worthwhile., What Needs to change in the World, Where's the Global Outrage., World Aid.

≈ Leave a comment

Tags

, , , , , , ,

 

(Fifteen-minute read) 

As we floundering around in the midst of COMPOUNDING PANDEMICS that are far from over, the future is not here yet.

With our planet is crying out, our political leaders are like fish out of water, apart from the obvious, it seems that we have lost the plot. Compounded by ignorance, short term self-interest, the pursuit of wealth, and political interests, any actions that are vital for survival are stymieing by the lack of conciliation. 

Climate Change, Biodiversity, Artificial Intelligence, Poverty and Inequality, Population all on the top of the list. All of them are presenting overwhelming challenges ahead.

There is no way of sugar-coating any of these threats, they have no borders.

We are brought up with other people’s perceptions of life.  

Not until we develop enough, intellectually, can we change those perceptions, and even then it can be difficult to change our perceptions about the world until we start to really question it.

Anything else is a blatant lie.

With millions of dead and millions more death to come, we can only prevent any one of them from coming to fruition if we take all of them especially the environmental threat seriously.

With large swaths of people still dealing with entrenched inequalities, it is no wonder we are unable to see the above threats as reality. 

If there was ever a time to join together it is now.

We all have an identity and cultural distinctiveness, but if we bound together in a common cause, we could accomplish spectacular things.

To do this we must first start to see ourselves as HUMAN BEINGS, and the planet earth as HOME, not our individual countries.  

                                                   ————

I am sure you will agree that the world order is destined to change and it’s urgent that humanity gets a way to preserve what’s left on Earth. 

In this regard, technology is not a destiny jobs will be for robots and life for people.  

The problem is who is the owner of the robots and how do we ensure that we all benefit. 

At the moment there are millions wasting their time in useless jobs to scratch a living.  Rest assured that capitalism will come up with millions of more useless jobs. 

                                                 ————

Unfortunately, we are not able to act as one, and even if we could there would be no point in becoming mindless drones with no culture.

There would be no point in living because it’ would be all just be one culture with no distinct forms. 

The raw reality exposed by the current pandemic is that everyone is only just a human unable to act as one due to greed-driven by unregulated social media and profit-seeking algorithms.

                                                  ———– 

The big question is what can be done?

SOLUTIONS WITHOUT FUNDING, ABOUND ON TED TALKS. 

We know that poverty is one of the main driving forces when it comes to any long term perspective to protecting the earth.

Poverty is not due to a lack of knowledge. POVERTY IS CREATED BY SCARCITY, not a personality defect as Maggie Thatcher once said.

As George Orwell said  “Poverty annihilates the Future “

 You would think by now we would have figured out the reasons for its existence.  

ALMOST EVERYTHING NEEDED FOR LIFE IS MADE SCARCE BY APPLYING CAPITALIST PROFIT, TURNING ALMOST EVERYTHING INTO A PRODUCT TO BE TRADED.   

SO WHEN ONE IS UNABLE TO ACQUIRE WHAT IS NEEDED DUE TO THE LACK OF CASH YOU HAVE POVERTY.   If we genuinely ask why do the poor make so many bad decisions THIS IS THE MAIN REASON. 

Till now we have ignored the symptoms of poverty to our cost, and now to the chilling silence of Earth protests, we find ourselves unable to enjoy the Earth we live on. 

To date, we have created World organizations without the power of funding that vents verbal warnings,  that no one takes heed of unless it is in their own interest to do so

Take Co2 admissions. We continue to pump Co2 into our shared atmosphere.  (Earth isn’t the only planet in our solar system with an atmosphere, it is the only one in which we humans can survive.) 

It is blatantly obvious that we are not able through our global conversation whether they are online or not due to profit-taking we are not able to establish any solidarity. 

A lot of religious people mentioned that there is a leader who is going to save this world and stands for oppressed, poor, and homeless people.

While we are waiting we need to be more creative in our imagination if we want to match the relentless progression of biodiversity loss, climate change, and the other problems facing us all that are going to drive the Scarcity market.   

 A basic income is an idea that has and is being kicked from pillar to post for years.

Free money for everybody.

Not the welfare state but AN INCOME FOR ALL –  UNCONDITIONAL YOU DO WHAT YOU WANT WITH IT.

Where will the cash come from?

( See previous posts. A World Commission of 0.05%)

Of course, no one or anybody is going to take on or take down the holy grail of profit for profit’s sake.

After all, we live in societies that have allowed themselves to be subsumed by greed with ethics still being sacrificed on the altar of turnover and growth at all costs- GDP.

What is truly galling though is how the rot persists, where people cannot see the direct causal link, to overconsumption prompted by the advertising industries.

Profit is not intrinsically bad, but profit for profit’s sake alone is not just bad it’s unimaginably damaging.

Profit has to be extracted in such a way that every partner in the supply chain profits; from the workers to the shareholders, from the local community through to the nation itself.

That means creating a system where people are empowered to speak, where processes are so transparent that nothing can be hidden and where part of those profits is reinvested into those communities to sustain growth and development for generations to come.

So before we find ourselves teetering over the edge of the precipice. We need to speak truth to power when we start to feel discomfited, not when we have already entered the realm of cognitive dissonance or, worse, open and cynical collusion in the Bell Pottinger mode.

We have been gifted by the current pandemic which is yet to reach its apogee. It is daring us not to be paralyzed by our past.

It is offering a chance to find and resolve, to do things differently.

To call out the emperors of technology, when they stride about us in their unabashed nudity to put sustainability at the core of their online and off-line operations. 

They are now the praetorian guard of citizen and corporate activists and it is essential in this post-covid-19 economic depression that society should be saved from exploitation.

Unfortunately, they are unable to regulate themselves. This can be done only when the state interferes with total transparency. 

Is it not time that all non-essential products are labeled with their carbon footprint. 

What is Cash but transparency, in its naked form, creating fair competitions.   

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

while we pump CO2 in

https://youtu.be/aIL_Y9g7Tg0

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

05 Tuesday Jan 2021

Posted by 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.

≈ Leave a comment

Tags

, , , , , , , , ,

 

(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. 

 

 

 

 

 

 

THE BEADY SAYS; THE TIME HAS COME TO COMMENCE CREATING A NEW IDOLOGY TO LIVE ON AND WITHIN EARTH.

03 Sunday Jan 2021

Posted by in #whatif.com, 2020: The year we need to change., 2021. The year for change., A Constitution for the Earth., Artificial Intelligence., Capitalism, Civilization., Climate Change., COVID-19, Disaster Capitalism., Earth, Environment, Evolution, Fourth Industrial Revolution., Fresh Water., How to do it., HUMAN INTELLIGENCE, Human values., Humanity., Inequality, Life., Natural World Disasters, Our Common Values., Pandemic, Paris Climate Change Conference 2015, Political Trust, Politics., Populism., Post-Covid-19, Privatization, Reality., Sovereign wealth fund, Survival., Sustaniability, Technology v Humanity, The common good., The essence of our humanity., The Future, The Obvious., The pursuit of profit., The state of the World., Trade Agreements., Truth, Truthfulness., 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 Economy., World Leaders

≈ Leave a comment

Tags

, , , , , , , , , , , , , , , , ,

 

( A seven-minute read) 


IF THERE IS ANYTHING TO LEARN FROM COVID IT IS THAT WE HUMANS MUST CHANGE THE WAY WE LIVE COLLECTIVELY AND INDIVIDUALLY ON THIS PLANET.

CURRENTLY, WE ALL LIVE WITHIN IDEOLOGIES THAT ARE BROKEN.

SOME VISIBLE SOME NOT. 

(An ideology (/ˌʌɪdɪˈɒlədʒi/) is a set of beliefs or philosophies attributed to a person or group of persons, especially as held for reasons that are not purely epistemic, in which “practical elements are as prominent as theoretical ones.” Wikipedia. 

There are many different kinds of ideologies, including political, social, epistemological, and ethical.

  • “We do not need…to believe in an ideology. All that is necessary is for each of us to develop our good human qualities. The need for a sense of universal responsibility affects every aspect of modern life.” — Dalai Lama.
  • “The function of ideology is to stabilize and perpetuate dominance through masking or illusion.” — Sally Haslanger
  • “[A]n ideology differs from a simple opinion in that it claims to possess either the key to history or the solution for all the ‘riddles of the universe,’ or the intimate knowledge of the hidden universal laws, which are supposed to rule nature and man.” — Hannah Arendt)

At the root of all these ideologies is the value of money.

HOW IT IS ACQUIRED AND DISTRIBUTED IS WHAT NEEDS TO BE CHANGED.

A religion may present a vision of a just society, but it cannot easily have a practical political program with or without money.  

All idea systems have a class basis. This class bias is defined by the acquisition of wealth in one form or another – assets, power, etc. Nither however can any longer dominate the state through an appeal to the populace, and then use the powers of the state to control both the economy and the private lives of the citizen’s work.

No longer can politics itself, acquire certain ideological characteristics whose true nature is concealed.

All forms of isms that belong to the 19th or 20th century may suggest that ideologies are no older than the word itself—that they belong essentially to a period in which secular belief increasingly replaced traditional religious faith.

So let’s ask the question.   

Where are we?

In terms of truth we now in a world both connected and disconnected in the extreme sense of the word connected.

IT IS CLEAR THAT THE WORLD NEEDS TO MOVE BEYOND SLOGANS.

A system that rewards those with capita while taxpayer’s money is used to support food banks for those out of work is not sustainable.

The economic injustices are plain to see with historic debt the inheritance of the young along with irreversible climate change and biodiversity collapse.

We now need an ism that shifts human values to a different set of values by placing the earth’s healthy existence at the forefront of all our values.

WE MUST NOT ONLY CONFRONT OUR MISUNDERSTANDINGS OF THE NATURAL WORLD WE MUST USE KNOWLEDGE NOT AS A MEANS TO CREATE WEALTH BUT AS A GLOBAL UNDERSTANDING WHERE WE ARE AT. 

WE CAN NO LONGER STAND BYE AND WATCH BIG TECH MONOPOLIES COMPANIES SWALLOW WHAT IS LEFT OF COMPETITION.

WE CAN NO LONGER STAND BYE AND WATCH A MARKET PLACE THAT CREATES WINNERS AND LOSERS ON THE BASES OF WEALTH. 

WE CAN NO LONGER WATCH WORLD ORGANISATIONS GOVERNED BY VETOES.

WE ALL DEPENDENT ON EACH OTHER AND OTHERS AND MUST COLLABORATE WITH ALL THAT SURROUNDS US.  

No longer is it possible for any system whether it’s socialism, communism, anarchism, fascism, nationalism, liberalism, and conservatism to be FREE OF INTERFERENCE FROM ARTIFICIAL INTELLIGENCE, MACHINE LEARNING, AND UNCONTROLLED ALGORITHMS.

THESE TECHNOLOGIES IN THEIR PRESENT STATE ARE SIGNALING THAT INTERPRETATIONS OF IDEOLOGIES ARE OUT OF DATE. 

You only have to look at the world to see the inequalities created by the pursuit of growth at any cost. This pursuit has turned all of earth’s resources into products to produce more products sold in a marketplace governed by short term profit. 

No longer is it possible to take fresh air, fresh water for granted. 

If we don’t want a world where from birth to death is viewed as an opportunity to exploit our weaknesses and essential needs to live out our lives in the first place,  we need AN NEW IDOLOGIE CALLED REALISM, NOT ESCAPISM, NOT APATHY, OR ANY MONOTHEISM, OR NEOREALISTS

“ Rather a collective meanings that constitute the structures which organize our actions.”

There is only one solution.

That is as advocated by this blog in several posts to Harness PROFIT FOR-PROFIT SAKE.

High-frequency trading with algorithms, sovereign wealth funds buying earth resources – land, water, energy, futures/ hedge funds – betting on demand, currency exchanges manipulating value, trade deals excluding fair trade, the list is endless. 

ALL ACTIONS THAT ARE NOW REQUIRED TO CHANGE COURSE REQUIRE FUNDING.

A 0.05% WORLD AID COMMISSION ON ALL ACTIVITIES THAT ARE NOT SUSTAINABLE WILL CREATE A PERTUTIAL FUND OF TRILLIONS TO CREATE A WORLD THAT’S WORTH LIVING ON.  

There is one thing for certain change is happing but the window for change is closing.

Climate change is not something that might happen in the future. 

We need a new relationship, to a more sustainable relationship with the natural world.

Creative imagination is what’s required so if you read this post let’s hear your comments.  

 https://youtu.be/GCwHki1q_I8

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

  

 

 

 

 

 

 

 

 

 

Social unrest in the long tall grass while a few billionaires laugh there a way to the bank 

 

 

 

 

 

THE BEADY EYE ASKS. WHAT DO YOU THINK ARE THE TOP CURRENT THREATHS TO HUMANITY?

12 Saturday Dec 2020

Posted by in #whatif.com, 2020: The year we need to change., A Constitution for the Earth., Artificial Intelligence., Capitalism, Civilization., Climate Change., COVID-19, Digital age., Disaster Capitalism., Environment, Fourth Industrial Revolution., Green Energy., HUMAN INTELLIGENCE, Human values., Humanity., Life., Modern day life., Modern day Slavery, Nuclear power., Our Common Values., Politics., POST COVID-19., Reality., Robot citizenship., Survival., Sustaniability, Technology v Humanity, Telling the truth., The common good., The essence of our humanity., The Future, The Obvious., The state of the World., The world to day., Truthfulness., Unanswered Questions., Universal Basic Income., 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., World Politics

≈ Leave a comment

Tags

, , , , , , , , , , ,

 

(Fifteen-minute read) 

There is a  radical difference between conventional threats and emerging threats which are posing a strategic challenge that must be met with a strategic response. 

On one hand, it would be fair to say that Human advances have got us into the mess, but the question is the technology capable of getting us out of the mess. 

Globalization, complexity, our relatively unsophisticated mechanisms for sharing information and making sense out of changes that we barely perceive, much less understand, all assure that any major threat — and especially non-state threats such as infectious disease – covid -19. 

So let’s look at a few things that stick out like sore thumbs when it comes to technology. 

The fear that technology could cause humanity’s downfall as such offers some terrifying scenarios that could befall our species. 

The risk of the creation of some new super virus or bug in a lab that we are unable to control if it were to escape into the wild isn’t any longer beyond the realms of impossibility. 

It means we must apply technology in ways responsive to our most immediate and frequent threats and must balance our use of technology with the intelligence cycle:

If we do not harness the fourth industrial revolution to the benefit of all we will turn the planet once more back into a snowball Earth.

We must develop reliable capabilities for developing technology advancement.

No government, no international organization, and certainly no corporation, can be relied upon to seek out and act on the truth, or even to act in the public interest.

So in my view, the greatest threat we face is unregulated software that is driving our lives. It is one of the greatest problems afflicting modern society, not because of human intelligence, but because we are allowing profit-seeking algorithms to dominate consumption.

Current economic policy is short-term creating a non-saving society for the rainy day.

One only has to look at the effects of the covid pandemic to see that a redistribution of wealth is required urgently if we are to have any chance of a caring society.

The current threats.       

Take for example. 

Cyber malware.

What is malware?  How dangerous is it? 

It is a contraction of malicious software that exploits your digital life, by mining your personal data either to profit directly or sell on the information. It comes in the form of a virus embedded in a piece of software and can spread from one file to another or computer. 

There are several types of malware.

A worm. Does not need to be triggered. It automatically propagates itself. 

A Trojan. Can be a good-looking App that will wreak havoc. 

A Ransom.  Pay up before everything is deleted.

They can be weaponized to have real-world consequences. Over fifteen Iranian facilities were attacked and infiltrated by the Stuxnet worm.

The European Medicines Agency (EMA) disclosed on Wednesday that it has suffered a cyber-attack, leading to unauthorized access to documents relating to a Covid-19 vaccine.

Now imagine the threat to the stability of critical infrastructures around water, electricity, and gas that are vital to the running of nations.

The next has to be Climate change.

The main problem here is that no one whats to foot the bill. ( See previous posts) 

To achieve long-term and profound progress in environmental governance, policy focus needs to be complemented by intensified efforts to strengthen the rule of environmental law not just shallow promises coming out of Climate Conferences. 

To do so, the capacity of international courts to pronounce judgments on environmental matters, the clarity, and scope of environmental legal principles, and compliance with and implementation of judgments must be further strengthened with a constitution for the whole of the Earth. 

What’s at stake here are basic rights to life and health so the pursuing of climate policies that violate the right to life must have genuine consequences if we are to keep global warming to 2°C.

Climate change crossing borders with impunity.

Next: Poverty.

 The gap between rich and poor is now a pandemic.

No single factor can account for the large disparities in economic development among the countries of the world. Nor is the relative influence of any particular factor likely to remain the same over time.

While such things as technology and natural resources are obvious factors in economic development, they are plundered for profit’s sake by high-frequency trading run by unregulated data mining algorithms. 

However, there is no denying the fact that the rich are becoming richer and the poor are becoming poorer.

This is happing not because of human intelligence but can be attributed to numerous factors such as social immobility, globalization, more advanced technology, and taxation.

Current economic policy is dominated by short-term thinking so there is a serious lack of savings for the rainy day. 

The COVID-19 pandemic will and is widening the gap between the rich and the poor, especially in the emerging online markets and developing economies.

Next. 

Nuclear Armageddon.

The threat of nuclear Armageddon has receded these days replaced by Climate Change.

Still, it’s a worrying thought alongside artificial intelligence, biotechnology warfare it is and remains inconceivable to our comprehension other than an instant self ext to our existence.

Next 

Enslavement by self-replicate robotic robots created by nano-sized technology.

It may well be a piece of code – not a nuclear weapon or infectious disease or indeed climate change  – that brings about humanity’s downfall.

Next

The needs of 7 billion people. 

Precious resources:

https://www.theworldcounts.com/embed/challenges/5?background_color=white&color=black&font_family=%22Helvetica+Neue%22%2C+Arial%2C+sans-serif&font_size=14

As our culture advanced and our species invented many things that will make our lives easier, our demand for raw materials increased by leaps and bounds. We get these resources from the other. The problem is, we’re using too much and without care. Our planet just can’t keep up with our ever-increasing demands.

Finally:  With quality education becoming more and more expensive only an investment in people and not profit has any hope.  

Our demand for knowledge shows no sign of abating.

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

about fostering opportunity

 

 

 

 

THE BEADY EYE SAY’S : LET’S LOOK AT ON LINE SHOPPING. JUST WHO OR WHAT IS BENEFITING.

29 Sunday Nov 2020

Posted by in 2020: The year we need to change., Algorithms., Capitalism, Dehumanization., Digital age., Disconnection., Fourth Industrial Revolution., Google, Google it., How to do it., HUMAN INTELLIGENCE, Human values., Lock Down., Modern day Slavery, Online shopping., Our Common Values., POST COVID-19., Purchasing Power., Sustaniability, Technology v Humanity, The art of a handshake., The common good., The Obvious., The pursuit of profit., The world to day., Tracking apps., Unanswered Questions., WHAT IS TRUTH, What Needs to change in the World

≈ Leave a comment

Tags

, , , , , ,

 

(Ten-minute read) 

Shopping used to be a social activity but Covid -19  pandemic driving up demand for online shopping has and is creating a perfect storm for retailers forcing them to radically rethink what they need to do to remain profitable.

It is said that we are more connected with the internet rather than been isolated.

With smartphones verbally this is true but we are in a world that is disconnecting its self from genuine social contact onto platforms run by algorithms for Profit to the detriment of sensibility, and sustainability of the planet we live on.

(An algorithm is a series of instructions telling a computer how to transform a set of facts about the world into useful information. The facts are data, and the useful information is knowledge for people, instructions for machines, or input for yet another algorithm.)

We are now living in a world where algorithms, or software buying agents, “go shopping” on our behalf.

Every piece of technology that you touch involves many algorithms. They live in our computers and dictate our digital lives at random invisibly existing in the abstract. 

While they fully automate the shopping process, they are capable of keep customers stuck

to one retailer and one product.

They can make thousands of calls or website visits a day.

It’s why people’s Google Search results will look different when they’re looking up things in different parts of the world, or why the ads that follow you across the web are different from your friends’. You never really see the complexities at work, simply the results. 

This sounds very much like a quasi-monopoly.

In a world where algorithms make shopping decisions on our behalf, all

bets are off that shopping will ever return to the high street.

Humans stand no chance against bots when trying to access products and services that might be in demand.

The longer the lockdowns- the more driven demand increasingly via smartphones.

The emerging Economy of Algorithms, where software agents act on our behalf, has the potential of dramatically changing the way we live, work, and think.

We need clear rules that govern the behavior of software buying agents.

We also need a coordinated approach for software buying agents to disclose who they are, in situations where they can be confused for a human.

We need regulations governing profit-seeking algorithms with control of algorithmic trading. With the right mechanisms for the protection of competition in the markets, regulating access to products and services, and enforcing minimum quality standards of algorithms that shop on our behalf. 

Shopping ads are known to produce well over 85% of retail paid Google search clicks. As such, they routinely produce a 400 to 1000% return on cash spent on ads.

Google Shopping entails how to get your product types featured on the nifty Product Ads on Google’s page search results.

Today the majority of stock market transactions are fully automated and executed by algorithms.

AMAZON Net profit roughly tripled to $6.33 billion. Its advertising business, reported $5.4 billion in sales, a 51% jump.

The real reasons that online shopping is replacing conventional shopping habits are.

Reduced overheads expand your market beyond local customers.

With online shopping, you can compare prices from hundreds of different vendors.

No pressure sales.

There are no fixed hours to shop.

One does not have to get in a car, find or pay for a parking spot, get clamped, pay parking fees, pay tolls, get mugged, spend hours in traffic jams, or have a nice day.

Online stores want to keep you as a customer, so they may offer deep discounts, rewards, and cashback if you sign up for their newsletters.

The downside however is you can’t try things on. None of them offer the on-the-spot, take-home advantage that a physical store does.

And shipping costs, are sometimes even more than the cost of what you buy. In-store shopping has no need to charge extra for shipping.

Online sales now accounting for around one-quarter of the total retail market.

There is a clear need for greater speciation, specialization, and differentiation because the consumer is in the driver’s seat, enabled by technology to remain constantly connected and more empowered than ever before to drive changes in shopping behavior in both the physical store and digital retail landscape.

Retailers are still competing with each other but also face new competitors who have different operating models and cost bases and this rate of change is showing little sign of slowing.

The greatest danger that remains with on-line shopping is Privacy and security.

These are legitimate concerns for any online shopper. Your payment information could get stolen from the site or someone who works there could copy your bank details and use them later on their own purchases. It’s also hard to immediately recognize whether an online store is real or just there to scam you.

There are tons of online shopping sites where you can buy everything from plane tickets and flat-screen TVs to food, clothes, furniture, office supplies, movies, and lots more.

Paying attention to whether or not the site uses HTTPS.

Artificial intelligent algorithms will know everything about you- where you live, where and what and when you buy, how often, your likes and dislikes, your bank account, your wife, your children, your friends, infected or not. 

If you want a life go and get it. 

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

 

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

28 Saturday Nov 2020

Posted by 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.

≈ Leave a comment

Tags

, , , , , , , ,

 

 

(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.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

THE BEADY EYE SAYS. CASH IS OXYGEN IN A PANDEMIC AND ECONOMIC DEPRESSION

23 Friday Oct 2020

Posted by in 2020: The year we need to change., Algorithms., Artificial Intelligence., Climate Change., COVID-19, Democracy, Digital age., DIGITAL DICTATORSHIP., Disconnection., Economic Depression., Face Recognition., Fake News., Fourth Industrial Revolution., How to do it., Human values., Humanity., Inequality., Life., POST COVID-19., Purchasing Power., Reality., Sustaniability, Technology, Technology v Humanity, The common good., The Obvious., The pursuit of profit., The state of the World., The world to day., Unanswered Questions., Universal Basic Income ., VALUES, WHAT IS TRUTH, What Needs to change in the World, Where's the Global Outrage., World Economy.

≈ Leave a comment

Tags

, , , , , , , , , ,

 

 

(Three-minute read) 

 In these extraordinary times, I am sure I speak for world citizens that we count on our leaders to bring out their statesmanship and have the courage and imagination to think and work together to fight this pandemic in equally extraordinary ways.

We may be about to face the perfect storm:

 A humanitarian disaster, global recession, severe de-globalization, the crash of healthcare systems, social breakdown, conflicting nationalism not forgetting the power of AI, and its algorithms all point to the need for value realignment.

 Many of the issues have a history of a basis. So potential risks and ways to approach them are not as abstract as we may think.

 How do we actually design a new system that can understand and implement the various form of preference and values of a population?

 The ideal system is, of course, a balance between all the needs of the numerous stakeholders the people, and the earth we all live on.

 So how do our societies reconcile their own historic aspirations while we are struggling with a world of ARTIFICAL INTELLIGENCE that is isolating us all into data?  

 Neither China nor the US, Iran, Indonesia, or any country can insulate themselves from what is to come.  COVID-19 should be the exception to — not the extension of –geopolitical rivalry. It should be an opportunity to recover trust rather than advance mistrust. 

 HOWEVER, WHAT WE WILL WITNESS IS OUR COLLECTIVE INABILITY TO ACT AS ONE. (DUE TO A MENSTRUUM OF REASONS FAR TO LONG TO ADDRESS HERE.)

 From what we see to date: 

With the erosion of democratic institutions, with the rise of the right, loss of jobs, false news, rising inequality, foodbanks, our inability to tackle Climate change, stop wars, without any robust mechanisms of oversight and accountability for Profit-seeking algorithms there seems little hope for future generations.

Artificial intelligence now embedded in our daily lives has still to show empirical evidence that validates that AI technology will achieve a broad base of social benefit we aspire to.

We need a community of researchers worldwide to really understand the range of potential harms that AI systems pose.  The use of data, machine learning, their applications to society – Face recognition -Track and Trace- all in use without any regulations. 

Therefore there is only one solution to the problems facing us all and that is the introduction of a basic living wage for all. 

Why?“

Because Cash is the best thing you can do to improve health outcomes, education outcomes, and lift people out of poverty. It’s the only solution to an economy where a small group of people is getting very, very wealthy while everyone else is struggling to make ends meet.

It would remove the problem with existing welfare programs that keep people below the poverty line a form of structural inequality.

It would also cost governments less simplifying welfare programs. 

A guaranteed income would give young couples the confidence they need to start a family.

From a macro viewpoint, it would give society a much-needed ballast during a Depression.

It would offset job losses caused by technology.

What are the downsides?

Inflation. 

Who funds it?

Many would support it if tech companies with profit-seeking algorithms paid for it.

High-frequency trading.

Hedge Funds, Sovereignty wealth funds, and currency trading over $50,000  

Cash is King. It’s an idea that is long overdue.

Both the Current pandemic and Automation are fundamentally changing the structure of the economy. Proposals for various forms of regular cash assistance are increasingly part of the political conversation.  And in fact, the cash payments of 2020 are serving as something of a real-life test of the principles behind UBI, even if there are important differences.

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

 

 

 

 

 

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

12 Monday Oct 2020

Posted by in #whatif.com, 2020: The year we need to change., COVID-19, How to do it., Human values., Humanity., Imagination., Life., Modern day life., Our Common Values., Pandemic, POST COVID-19., Purchasing Power., Reality., Stimulus package., Survival., Sustaniability, The common good., The essence of our humanity., The Obvious., The state of the World., The world to day., Truth, Unanswered Questions., Universal Basic Income ., We can leave a legacy worthwhile., What needs to change in European Union., What Needs to change in the World, World Economic Depression.

≈ Leave a comment

Tags

, , , , ,

 

(Three-minute read) 

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

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

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

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

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

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

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

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

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

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


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

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

UBI “could be transformational.”

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

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

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

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

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

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

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

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