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Tag Archives: Distribution of wealth

THE BEADY EYE ASKS: IS ENGLAND APPROACHING ITS OLAUDAH EQUIANO MOMENT?

11 Wednesday May 2022

Posted by bobdillon33@gmail.com in #whatif.com, 2022: The year we need to change., England in five years., England's future.

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Distribution of wealth, England in five years., England's future., England.

(Ten-minute read)

Why? 

Because it is still trying to get over the Empire days that have left it with an ingrained class system of haves and have-nots.

This Ingraining is in its education system to slavery in materialistic capitalism, which is now run by Social media platforms with unregulated untransparent algorithms. (A problem facing most of the developed world)   

The United States was built on a system of racial classification.

England was built on the back of slavery and sugar.

They both bought manual laborers to enrich a few.  

(As many as 10.7 million slaves are thought to have been shipped to the Americas between 1800 and 1867. All but a few people were chattel slaves, which meant that their children and grandchildren were also slaves. Through the 19th century, slaves were overworked, tortured, and not given the same rights as other people.) 

England now has all the INGREDIENTS to brake up, Sleepwalking into oblivion, it’s people need to wake up before it is too late.

Ordinary citizens seem to understand that we are experiencing a revolutionary moment in the world with Technology, Climate Change, and Mass migration, not to mention sustainability, and future pandemics. 

The range of possibilities is very broad, and the eventual outcome is thus highly uncertain.

 If you look beneath the surface of England what do you see?

One in 40 people in London had Covid last week as cases continue to fall

This is a country that voted on the back of lies to leave the largest trading block the EU, that now has an economy rapidly descending into a recession, a pandemic that cost billions, surging energy costs, rampaging inflation, spending 205 billion on Trident and 45 billion on a high-speed rail, with over 3 million people using food banks, 12,000 charity shops with approximately 170 thousand registered charities raising around £300m a year. 

With a Prime Mister that cannot be trusted. It’s no wonder that Scotland and Northern Ireland will soon be holding referendums for independence.

With over 53 million inhabitants, in a moral panic about immigrants and refugees, it needs to build 340,000 homes per year until 2031. The British royals own almost 247,000 acres of land in England, living in 26 different buildings throughout the United Kingdom home over the years possesses an estimated $28 billion in assets, and according to independent reports that the U.K.’s offshore wind farms belong to the crown as well.

A murder a day, with one in seven businesses teetering on the brink of collapse, ruled by a  parliament now only a ‘dignified’ part of the Royal constitution – an obedient (and expensive) rubber-stamp to the all-powerful executive with an antiquated party structure that prevents the popular will from finding proper expression.

These National parties once had some roots in the past, but these alliances are entirely dictated by party leaders’ self-interest, continuing to issue edicts as if they were still relevant.

US Rep. Ilhan Omar (D-MN) (L) talks with Speaker of the House Nancy Pelosi (D-CA) during a rally with fellow Democrats before voting on H.R. 1, or the People Act, on the East Steps of the US Capitol on March 08, 2019 in Washington, DC. (AFP photo)

No one seems quite sure how much all the diamond jubilee celebrations 

cost – nor who will eventually have to foot the bill. The extra bank holiday

could cost Britain’s ailing economy £1.2bn.

There are 29.7m taxpayers in the UK paying £11.24 per taxpayer for a Queen.

 Queen Elizabeth II’s Platinum Jubilee next year is expected to cost between

£10 Million and £15 Million. 

Remember Quantitive easing: 

The Bank of England….. printing free money out of nothing and lending it to the government with huge interest, while they, in turn, tax too high heaven to pay back the interest in government bonds…..which then, in turn, need to borrow more.

The trickle-down economics has failed along with a parliament that constantly fails to reform itself.  

 It has a national debt amounting to £2.59 trillion increasing to over £5,000 per second, equating to 108% of national output (GDP).

This led to a drop in tax revenue and an increase in cyclical spending (for example on unemployment benefits).

At the same time, the government introduced a range of coronavirus support measures. Amongst others, these included its high profile furlough or job retention scheme whereby it covered 80% of the salaries of eligible employees; a prolonged period of business rates relief; a reduction in VAT for the hospitality sector; a stamp duty holiday; a weekly uplift in the rate of Universal credit; a £500 per person working tax credit payment; and its ‘Eat out to help out scheme’.

In 2019, private debt in the United Kingdom was recorded as being 190% of GDP, twice that of public sector debt.

According to the Treasury’s 2019/20 Debt Management Report, as of September 2018, 32% of government gilts were owned by UK Pension and Insurance companies, 28% were owned by foreign investors, and 24% of the national debt was owned by the government itself through the Bank of England’s Asset Purchase Facility referenced above.

In 2011/12, the sums being spent on debt repayment (£48.2 billion) were very similar to what the government was spending on schools (£51.1 billion), four times greater than what was being spent on transport, and 30% more than what was being spent on defense.

At its most extreme, it is suggested that this might lead to some kind of sovereign debt crisis.

A Sovereign debt crisis has the potential to have devastating effects on both social inclusion and people’s wider standards of living. After Greece suffered a sovereign debt crisis in 2009, figures from the World Bank show that GDP per head, for people in Greece, fell dramatically from $29,711 in 2009 to $18,168 in 2015.

This begs the question – is England’s debt just too big to handle?

£5,803 every second. That’s 74,720 £ per taxpayer Or £35,793 per citizen.
 
  1. UK Government and The Bank of England continue to ‘print money to pay for the debt – this makes everything continually more expensive (inflation), or
  2. UK Government refuses to pay their interest payments or repay the debt they owe – resulting in a catastrophic economic recession.

Cristiano Ronaldo (Centre-Forward) with an Annual Gross Salary of £26,800,000, or £515,385 per week equating to 54 million for his two years contract.  On average Premier League clubs spend around £55,000 a week per player not to mention Football managers who also reap financial rewards. Add it all up and you see the cost of a goal.

Cristiano Ronaldo (Centre-Forward) with an Annual Gross Salary of £26,800,000, or £515,385 per week equating to 54 million for his two years contract.  On average Premier League clubs spend around £55,000 a week per player not to mention Football managers who also reap financial rewards. Add it all up and you see the cost of a goal.

Britain finished Tokyo 2020 with 65 medals, a funding amount: of £12,084,436.

                                        ——————

To reform its parliament.

On the death of Queen Elizabeth II (which is highly likely in the near future) I would reform the parliament by removing the monarchy from the realms of power to a cultural tourist attraction by replacing it with a written constitution, which would elevate its citizens from subject surfs to people with a genuine voice – from my government to our government.   

I would introduce citizens’ assemblies with proportional representation, while reducing the House of Commons, from 650 seats to 300. The entire Westminster operates on them and us basis, costing billions in taxpayers’ money.   

I would get rid of its gutter press. Ban Porn. Restrict trial by Television. Remove all TV advertising that promotes unhealthy consumption and make University education free.   

I would encourage Scotland independent with a deal on cheap oil and Wales and give back Northern Ireland over a twenty-five-year period.

If I were to do anything to change the direction in England today.

I would reintroduce a year of NATIONAL SERVICE (WITHOUT THE SMARTPHONE) TO TEACH VALUES, RESPECT, AND DISCIPLINE WORTHWHILE HAVING. 

By the way, Equiano was born in Nigeria and was brought to England as an enslaved child. He was bought by Lieutenant Michael Pascal. Equiano learned how to be a seaman so that he could fight in the Seven Years’ War. When there was no more hostility, he bought his freedom for $40 from a Pennsylvanian. 

 This disgusting time still has an effect on our lives today.

Unfortunately, England cannot buy its freedom by leveling up or down. 

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

 

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THE BEADY EYE SAY’S . WE NOW HAVE TO MANY GOALS TO ACHIVE IN THE WORLD.

24 Sunday Apr 2022

Posted by bobdillon33@gmail.com in #whatif.com, 2022: The year we need to change., Civilization., Climate Change., Earth, Environment, Green Bonds., How to do it., Human Collective Stupidity., Imagination., Money in Politics., Natural World Disasters, Our Common Values., State of the world, Sustaniability, The Obvious., 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.

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Capitalism vs. the Climate., Climate change, Distribution of wealth, The Future of Mankind, United Nations, Visions of the future.

 

(Eighteen-minute read) THE LOGOTYPE

The Global Goals are a set of universal Goals, which set out a plan to tackle the issues that affect us all, no matter where we are in the world, from climate change to health, from gender equality to peace and justice.  

The Millennium Development Goals (MDGs) set in 2000 are. 

Goal 1: End poverty in all its forms everywhere.

Goal 2: End hunger, achieve food security and improved nutrition and promote sustainable agriculture.

Goal 3: Ensure healthy lives and promote well-being for all at all ages.

Goal 4: Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all.

Goal 5: Achieve gender equality and empower all women and girls.

Goal 6: Ensure availability and sustainable management of water and sanitation for all.

Goal 7: Ensure access to affordable, reliable, sustainable, and modern energy for all.

Goal 8: Promote sustained, inclusive, and sustainable economic growth, full and productive employment, and decent work for all.

Goal 9: Build resilient infrastructure, promote inclusive and sustainable industrialization, and foster innovation.

Goal 10: Reduce inequality within and among countries.

Goal 11: Make cities and human settlements inclusive, safe, resilient, and sustainable.

Goal 12: Ensure sustainable consumption and production patterns.

Goal 13: Take urgent action to combat climate change and its impacts*

Goal 14: Conserve and sustainably use the oceans, seas, and marine resources for sustainable development.

Goal 15: Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss.

Goal 16: Promote peaceful and inclusive societies for sustainable development, provide access to justice for all, and build effective, accountable, and inclusive institutions at all levels.

Goal 17: Strengthen the means of implementation and revitalize the global partnership for sustainable development.

They are intended to be universal in the sense of embodying a universally shared common global vision of progress towards a safe, just, and sustainable space for all human beings to thrive on the planet.

The different goals and targets however represent different degrees of challenge and ambition for different countries depending on their present state of development and other national circumstances. The balance between the social, economic, and political efforts needed to deliver the different objectives is also likely to be different in different countries.

There are all verbal Goals with no legal binding, interconnected to each other and so far we have failed to provide the support to turn any of the desired goals into reality.

The U.N. can’t compel any country to do any of the things required.

The rationale for any goal must increase everyone’s stake in the goals so that when they come into effect, countries will swiftly incorporate them into national policy decisions — in other words, take them off the page and into practice.

There’s a real danger they will end up sitting on a bookshelf, gathering dust as there’s still no clear consensus on where exactly the money will come from to achieve any of them.

In the end, we are one people living in one world and all Goals require financing.

So the goals are a waste of time and money and won’t matter unless we as individual and national governments take them seriously. 

                                ———————

The only way to combat the changes we are now witnessing in our plant is if we all start financing the changes required. 

One of the first things you would hear in economics class is that there is no free lunch, meaning that nothing in life is free. Everything exists in a limited supply. That means that everything has value.

 We also know that governments and countries can’t tackle anything that requires a long-term commitment.    

The bead eye has been promoting the following solution to creating a worldwide value that would afford an opportunity for all of us to invest in a just future. 

A perpetual funded Fund of trillions, totally transparent, with rewards to all investors that would transfer the UN verbal into positive actions. 

Here is the idea again.

Can you improve or find fault with it? (Comments below) 

It would give all of us an opportunity to invest in the sustainability of the plant.

It would give the United Nations clout not just worthless resolutions. 

The Solution:  

The United Nations-backed by world governments issues Non-tradable Green PRIZE Bonds,

These Bonds would pay interest dividends that move in line with inflation rates, guaranteeing a percentage yearly return depending on the value of the bond.

The interest is guaranteed by all world governments. 

Bought online like lotto tickets each bond carries an identification number that is entered into a weekly prize draw, and a yearly prize draws equivalent to 0.005% of the funds raised. 

Draws are fully funded by the players, through revenue made from ticket sales. 

Most of the biggest and most popular lotteries on the Lotter have some form of prize guarantee.

Take EuroMillions, for example. The EuroMillions jackpot starts at €17 million, which means that there is a €17 million guaranteed jackpot.

The pan-European EuroJackpot is similar, with a guaranteed minimum jackpot of €10 million.

The UN green Prize bond would be a  progressive jackpot one in which if the jackpot is not won, it will carry over and grow for the next drawing.

The distribution of the funds raised by the Bonds must also be transparent and distributed as non-repayable grants.

This would be undertaken by an executive non-departmental public body not attached to the UN to avoid any vetoing.  

It would vet all applications for funds to verify that they meet the values set by the UN, peace, dignity, and equality on a healthy planet.

Once accepted all projects would enter a draw for funding which would ensure that no lobbying and corruption with money going to community groups and health, education, and environmental projects. 

There is considerable work to be done to create a realistic, coherent approach to improving our divorce from reality.

You only have to look at what has happened to the climate change goals.

Just as leaders around the world were starting to think seriously about tackling global warming it is now derailed for a decade by the Ukrainian/Russia conflict.  

We’ll have to wait and see if that will really happen.

  

What if every child was aware of the key global challenges of our time?

 

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THE BEADY EYE SAYS. WE NEED TO CHANGE OUR WORLD INSTITUTION AND NATIONAL AMBITIONS IN ORDER TO ACHIVE WORTHWHILE MISSION TARGETS.

28 Friday Jan 2022

Posted by bobdillon33@gmail.com in #whatif.com, 2022: The year we need to change., Capitalism, Disconnection., Fourth Industrial Revolution., Green Bonds., How to do it., Inequality, Money in Politics., Post - truth politics., Sustaniability, Telling the truth., The common good., The Obvious., The state of the World., The world to day., THE WORLD YOU LIVE IN., Unanswered Questions., We can leave a legacy worthwhile., What Needs to change in the World, Where's the Global Outrage.

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Algorithms., Capitalism vs. the Climate., Distribution of wealth, Mission Economics., The Future of Mankind, Visions of the future.

(Five-minute read) 

THIS POST IS FOR ALL THOSE CHINLESS WONDERS WHO BELIEVE IN PROFIT FOR THEMSELVES. 

It’s no longer good enough to measure the overall wealth of a nation whilst glossing over inequality or consequential environmental degradation.

Why? 

Because it is quite apparent that capitalism is stuck while the longer-term future has been transformed by the pandemic and climate change.

It has no answers to a host of problems, including disease, inequality, the digital divide, and, perhaps most blatantly, the environmental crisis the biggest problems of our time.

Rethinking the role of government nationally and in the international economy is now reaching critical a point – to put public purpose first and solve the problems that matter to people – are now the central questions for humanity.

It is imperative that responding to the climate and nature emergency is integrated across all economic activity, with an explicit commitment to moving to a more circular and resource-efficient economy.

The capacities and role of government within the economy and society,  above all need to recover a sense of public purpose in order to reshape the economic development to invests in people and businesses drive prosperity, and reduce inequality.

Our economic well-being is without any doubt tied to our environmental, cultural, and social well-being.

One can say this till we are blue in the face but the Covid crisis has removed any doubt about the fundamental role of the foundational economy in the well-being of a nation. (This is the part of the economy which could not be shut down as it provides the infrastructure of everyday life)

So investing in social care, childcare, housing, energy, low carbon, and digital connectivity not only addresses the foundational needs of civilized life but can offer meaningful and rewarding careers and be harnessed for economic development.

A holistic approach to the economy, recognizing its potential for harm as well as good, demands a holistic way to measure progress.

None of the above is possible unless we find a way of committing to long-term projects that are both politically and financially sound.  

Our problem is that governments are subjected to short electrical terms in office so long-term objectives are not a priority. While the electoral population pays ever-increasing taxes either to fund a project or rectify a mistake, (without any real commitment to the project in the first place) other than a general election and a new manifesto of verbal diarrhea can deserving projects be fulfilled to completion?

What if we were to introduce legal mission statements that could not be changed till achieved,  ‘magnet projects’ funded not by taxation but by voluntary participation in the form of willing support in allowing citizens to support projects by buying sustainable green bonds with guaranteed returns and Loto style financial monthly prizes.

If we are to genuinely tackle the problems that we have created lets us genuinely participate by putting our money where our mouths are.   

       Too often overlooked in economic development.

You also might be led to believe that monetary activism is financial triage against world economic collapse but ask yourself what kind of political creatures are money printing spawning.

What we are seeing is the economy going online with businesses and organizations in receipt of public funding far from being totally transparent with online profit-seeking algorithms that are now driving a hidden non-paying tax economy. 

The pandemic points forward to realizing that our economic models are not dealing with the growth of inequalities.   

Money must be made to serve the people not the other way around social value 

Imagine a society where everyone can have an equal say in the issues that concern them. Above all, a world, in which all the people own and share the wealth that we need in order to live. These would be enormously exciting times because, at long last, human society will have evolved to the position of being able to tackle effectively the challenges facing the modern world.

So here is your chance to contribute by suggesting your solutions or improving on the above suggestion of Mission Economics.

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

 

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THE BEADY EYE SAYS. 2022 WILL BE THE YEAR OF DIASTER CAPITALISM.

31 Friday Dec 2021

Posted by bobdillon33@gmail.com in #whatif.com, 2022: The year we need to change., Climate Change., Digital age., Disaster Capitalism., Disasters., Environment, Extermination., Fourth Industrial Revolution., How to do it., Human Collective Stupidity., HUMAN INTELLIGENCE, Humanity., Imagination., Inequality., Life., Money in Politics., Natural World Disasters, Our Common Values., POST COVID-19., Privatization, Purpose of life., Survival., Sustaniability, Technology v Humanity, The common good., The essence of our humanity., THE NEW NORM., The Obvious., The pursuit of profit., The state of the World., The world to day., THIS IS THE STATE OF THE WORLD.  , Transition period or Implication period., Unanswered Questions., We can leave a legacy worthwhile., Wealth., What Needs to change in the World, Where's the Global Outrage., World Aid., World Economy., World Leaders, World Organisations., World Politics

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Capitalism and Greed, Capitalism vs. the Climate., Climate change, Coronavirus (COVID-19), Distribution of wealth, Extinction, Global warming, Post-Covid-19, The Future of Mankind, World aid commission

 

( Fifteen-minute read) 

When I first started looking at disaster capitalism, it was in the context of warfare and counter-terrorism, now it’s privatized exploitation of  Pandemics and Climate Change. 

During a major crisis, regular people are understandably focused on the everyday challenges of surviving. They rarely can also worry about private industries pushing local policy proposals that might negatively impact their lives never mind cashing in on Pandemics and Climate change.

Pandemics might be avoidable in the future but what is unavoidable is a Future Climate that stands to send more unprecedented emergencies, inconsistency, and destruction our way.

(Though it’s still feasible to prevent the planet from becoming completely uninhabitable, saying its crunch time is a massive understatement.)

They both provide the very conditions that give rise to disaster capitalism, which is developing more frequently with more companies and wealthy ‘Philanthropists’ seeing both as a growth sector, not to mention Sovernity Wealth Funds which are investing in everything from drinking water to you name it.

Why? 

Because they stand to make substantial financial returns for their beneficiaries and if managed properly could be contributing to sustainable development in a meaningful way. However, a deeper understanding of the drivers and influences of investor organizations is required to mobilize their capital effectively. 

Globally, sovereign wealth funds (SWFs) are a major source of capital that has the potential to invest for the long term in sectors that desperately need it. While Philanthropists donations usually only represent 0.05% of the billion accumulated.

(A fraction of the spoils of neoliberal tech capitalism, in the name of generosity, do not try to address the problems of wealth inequality which is created by a social and an economic system that allowed those spoils to accrue in the first place. They are small contributions to a large problem that were created by the success of the industry he or she is involved in.)

List of Top 8 World's biggest Philanthropists in 2021                                ————————-

Let’s put a magnifying Glass Philanthrocapitalism.

Philanthropy serves to legitimize capitalism, as well as to extend it further and further into all domains of social, cultural, and political activity.

Now don’t get me wrong.

Their donations are welcome, however, they are not the simple act of generosity they pretend to be. In this greedy world, it is good to see wealthy individuals repaying to help fix problems that their companies have often caused in the first place.

The risk of philanthrocapitalism is a takeover of charity by business interests, such that generosity to others is appropriated into the overarching dominance of the CEO model of society and its corporate institutions.

Today, large organizations can amass significant economic and political power, on a global scale, and essentially, what we are witnessing is the transfer of responsibility for public goods and services from democratic institutions to the wealthy, to be administered by an executive class.

When this happens what we witness is, on one hand, is exploitative of labor practices or corporate malpractice being swept under the carpet while the donator is accruing significant commercial, tax, free publicity, and political benefits.

Democracy is sacrificed on that altar of executive-style empowerment. 

The nature of this apparent charity should be openly questioned from the outset.

Because this reformulation of generosity – in which it is no longer considered incompatible with control and self-interest – is a hallmark of the “CEO society”: A society where the values associated with corporate leadership are applied to all dimensions of human endeavor.

What it does suggest, however, is that when it comes to giving, the CEO approach is one in which there is no apparent incompatibility between being generous, seeking to retain control over what is given, and the expectation of reaping benefits in return.

  What can be done?

As historian Mikkel Thorup explains, philanthrocapitalism rests on the claim that “capitalist mechanisms are superior to all others (especially the state) when it comes to not only creating economic but also human progress, and that the market and market actors are or should be made the prime creators of the good society”.

Now take Climate change which is going to take trillions to combat.

As global warming augments cycles of fire, flood, hurricanes, and viral mutations, we learn to live in anticipation, from emergency to emergency, sometimes even before the deaths have occurred.

Disaster capitalism and philanthrocapitalism will not work to revert the outcomes of Climate Change nor will technology, the unloving God. 

Why? 

Because Capitalism has turns everything including us into a product to be traded, resulting in most of the wealth in the world now owned by 1% of its population. 

Before ( not too long ago ) there were Markets now we have Market Societies thanks to the buying of shares and trading them, complements of the British Indian Company.  So a society that is organized around the principle that companies should not be prevented from making things that kill people must also accept as ‘normal’ that many people will die in large numbers from these things.

 But what makes something a disaster?

Certainly what makes a disaster is when the victim is humanly itself.

From epidemiological forecasters to genetic epidemiologists and computational and zoonosis biologists — are the new oracles upon whose prophecies financial markets rise and fall but the awaiting climate disaster will expose a world characterized by gross inequality that is getting worse and worse, year by year.

From the perspective of disaster capitalism, we might say that what makes COVID-19 a disaster is its arrival in woefully underinsured countries, unhealthy populations.

If we had a healthier population, would COVID-19 be considered a disaster? Possibly or perhaps not. To be sure, the virus is deadly, but like other disasters, the actual arrival of COVID-19 magnifies pre-existing vulnerability in ways that also figure in the calculus of disaster capitalism.

The uneven way the climate crisis will continue to impact certain countries. If private interests are already prepped to engage in disaster capitalism, those devoted to building a better world should be prepared with alternatives.

There is no such thing as a ‘natural disaster.’ There is also no such thing as a natural or certain response. But there is preparedness.

THE PROBLEM IS THAT WITH CAPITALISM IT IS UNABLE TO TACKLE SITUATIONS THAT ARE NOT TRADABLE.

As money materialized from fresh air the essentials for life will be traded – freshwater- energy- food- healthcare – education – data – etc. 

We must arm ourselves with knowledge, and laws that ensure transparency. 

What we have at the moment is the transfer of power to technology which we know sweet fuck all about with no regulations. 

Unrivaled power.

One only has to look at Jeff Bezos, the Bransons, the Mark Zuckerberg’s, Apple, Google, etc.

We all work for one or the other for free while they entertain themselves blasting off to space with friends and worthless actors in giant phallic symbols of power. 

However, the real story will unpack differently long before anyone lives on another planet. It will be how our mental well-being – is impacting every facet of our lives.

The total mortality from COVID-19 on a global scale is as yet unknown, but we have been thinking of it as a disaster for weeks now.

What exactly is the disaster, then?

Pandemics have become a dominant framework through which government and financial resources are mobilized in Global Health.

There’s been a lot of dithering about whether or not COVID-19 is a disaster, meanwhile, inequality is growing, and both corporations and the wealthy find ways to avoid the taxes that the rest of us pay.

There is the virus, and then there is the societal reaction of bringing our entire fiscal and economic infrastructure to a near-complete standstill.

Morbid diseases that persist as chronic forms for years but eventually kill more people to seem less like disasters.

It’s not a moment to sort of sit on the sidelines and hope for the best.

We all appreciate with the current pandemic that some are making hay while the sun shines, at our expense. Unfortunately, there is little point in getting the Jabs, to extend your time on earth if the earth itself is dying and what remains is been turned into trading products.

You’ve got to fight for your vision of for-profit corporate solutions that may succeed in creating company profits but ultimately fail in terms of democracy, fairness, and justice.

Conclusion:  

To address the problems with greed and power create, we must create equality and this can not be done in a Profit-seeking Capitalist way of trading our way out of the pending disasters.  Wall Street will never close.  

So here is an idea that might help.

Non-Trading Capitalism.  

Green non-tradable bonds to be issued online at a global scale, with guaranteed percentage returns, with a yearly prize draw.

Or

Place a 0.05% World Aid Commission on all tradable financial instruments. (see previous posts) 

Either of the above could be implemented with the click of a switch ensuring a perpetual source of disaster non-profitable funding. 

Both would create trillions and allow fairness and involvement of us all.

It is perhaps worth remembering that capitalism, like its alternatives, is an adaptation to circumstances. It is not a virtue, not a standard for judgment, not a measure of right or nobility. It’s just another ‘ism’

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

 

 

 

 

 

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THE BEADY EYE ASKS. WILL THE WORLD OF TECHNOLOGY GET RID OF INEQUALITY.

29 Friday Oct 2021

Posted by bobdillon33@gmail.com in 2021. The year for change., Afghan War., Algorithms., Artificial Intelligence., Capitalism, Climate Change Summit Scotland 2021, Climate Change., Environment, Green Energy., Human values., Humanity., Inequality., Our Common Values., Post-Covid-19, Technology v Humanity, Technology., The common good., The essence of our humanity., The Obvious., The pursuit of profit., The state of the World., The world to day., Trade Agreements., Unanswered Questions., We can leave a legacy worthwhile., Wealth., What Needs to change in the World, Where's the Global Outrage., WORLD POVERTY WHERE'S THE GLOBAL OUTRAGE

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Capitalism vs. the Climate., Climate change, Distribution of wealth, Extinction, Inequility, Technology, The Future of Mankind

(Thirteen-minute read)

With or without technology there will always be inequalities in the world.

So why do we keep trying to solve poverty with technology?

Because this way of thinking is so ingrained that is adopted by organizations that fight poverty—which often refashion themselves to resemble technology startups.

Inequality has been growing so much that all governments and civil society speak about it with increasing worry, trying to understand its causes, but unable to find solutions, because of greed. 

It is our policy on technology that drives inequality.

There is no better example of this than in the way the world is handling the current Covid pandemic unable to share the know-how to make the vaccinations. 

Patents and copyrights are not guaranteed as individual rights, like the right to free speech or religion.

After all, why would a drug company pay large amounts of money to people to develop new drugs if the drugs can be copied and sold by competitors from the day they enter the market?

If it is not already obvious, patent and copyright monopolies are instruments of public policy, not acts of God.

This is why there is still not enough coronavirus vaccine to meet worldwide demand.

A year ago there was no commercial market for mRNA products.

Vaccine manufacturers long ago should have been sharing technology and expertise to boost production in the U.S. and Europe, and especially in developing countries. 

The same would be true of software developers, makers of medical equipment, computer manufacturers, smartphone companies, and any other product where the cost of research and development was a substantial portion of the price of the product.

The complete elimination of patents and copyrights is of course an extreme scenario, but it is a possible policy option.

If we did choose this policy option, we would have a much more equal distribution of income, in spite of having the same technology.

In short, the fact that there was a huge increase in inequality associated with the development of technology over the last four decades was the result of policy choices, not technology.

There should be serious public debate about both how strong we want to patent and copyright protection to be and also whether they are always the best way to promote innovation and creative work, as opposed to alternatives like direct public funding.

If we acknowledge the extreme case, where we literally have no patent or copyright protection, then we have to recognize that there is nothing inherent in our technology that would cause inequality.

Few things, in principle, can’t be delivered through technology.

It is entirely our rules on technology that can cause inequality to increase.How Technology Ends Inequality

So on one hand, technology can eradicate poverty — not by making poor people less poor, but by making it less valuable to be rich.

On the other as technology spreads, making its creators rich, but treating its users the same, we should expect more monopolies and more financial inequality.

Although it is your data you can’t pay for a better Facebook experience.

Companies are incentivized to offer a product if it makes more than it costs. And technology ends up not costing much once you’ve built it.

So, in the end, you charge people whatever they can pay and in poorer countries, people just pay and get paid less.

Times are changing from the days that growth in inequality was largely an organic process independent of government policy.  

“Owning” the robot/algorithm is not a technical relationship, it is a legal one, and therefore one that depends on our laws.

The reason some people might get very rich from owning robots or algorithms is that they own patents and copyrights that are needed for the making of the robots/ algorithms.  

                                         __________________

In the past, technological improvements would be beneficial to all:

Extreme economic inequality is corrosive to our societies.

Around 8% of the world’s population lives in extreme poverty — but do you know why?

Gender inequality, caste systems, marginalization based on race or tribal affiliations are all economic and social inequalities that mean the same thing:

You might think that poverty causes hunger (and you would be right!), but hunger is also a cause — and maintainer — of poverty. This is why now with climate change, negotiating international trade agreements behind closed doors with only bureaucrats and corporate lobbyists present has to end.

Economics should take into account ethics and the environment, and treat its claims less like invariable truths.

It goes without saying that any actions coming out of Cop 26 climate change conferences to reduce temperatures will be derailed by not just income inequality, (only the higher income household will be able to afford green energy technologies. Solar panels, electric cars, heating pumps, etc.) but by the total lack of shared responsibility to do anything about it.   

Of course, there are hundreds of other elements that contribute to the problems our world is now facing. 

World poverty isn’t a problem of limited resources, it is a problem of inequality and this inequality is upheld by the idea that aid creates dependence.

Climate change will drive up to 132 million more people into extreme poverty by 2030.

The pricing carbon emissions on average is at a mere $3 a tonne.

The price of inequality in all its forms is greed. There are vast fortunes to be made with Technology/ Algorithms for profit and nothing blurs ethical lines faster than greed. 

So far, any decoupling has either been largely relative – in the sense of merely achieving higher rates of economic growth than gains in emissions – or achieved by shifting dirty production from one national territory to another.

And that is why, for now, global emissions are still rising.

The idea of “Just Transition” without financing is pie in the sky. 

Take the aftermath of the Afghan 20-year war.

The country is now facing starvation. Why not bomb it with food.   

By coming together to tackle the plague of destitution around the world, we have the opportunity to advance the human condition and eliminate global poverty in a way no one has done before.

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

 

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THE BEADY EYE ASKS. HAVE WE BECOME DESENSITIZED ?

27 Wednesday Oct 2021

Posted by bobdillon33@gmail.com in #whatif.com, 2021. The year for change., Afghanistan, Civilization., Cry for help., Dehumanization., Desensitization., Disasters., Emotions., Foreign Aid., Human Collective Stupidity., Human values., Humanity., Life., Modern day life., Our Common Values., Post-Covid-19, Purpose of life., Reality., Refugees., Survival., Technology v Humanity, Telling the truth., The common good., The Obvious., The world to day., Truth, Unanswered Questions., VALUES, We can leave a legacy worthwhile., What Needs to change in the World, Where's the Global Outrage.

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Capitalism and Greed, Desensitization., Distribution of wealth, Extreme poverty, Greed, Inequility, The Future of Mankind, Visions of the future.

( Seven-minute read) 

Just the other day I watched a news report on Afghanistan with shocking images of starving children.

It’s not as if this is the first time starving children grace our television screens.   

It was predicted that if the country does not get aid there will be a human disaster with the loss of millions of lives. 

We all could be forgiven for not remembering the Irish Potato famine that killed around a million, but not the Famine in Ethiopia 1983-85 that killed around the same number of people. 

Since then the world is now confronted with the realities of climate change – streams of migration while the covid pandemic has killed 4,984,325 people so far from the outbreak to October 27, 2021, which is a contributor to our desensitization of suffering a very complex topic.

However I believe the world rich countries, paints it as something almost good, necessary, and a part of life.

The more we are exposed to these things, or let children be taught it’s normal through movies, books, and so forth, the initial shock becomes less and the stark colors in which they were viewed, become duller.

This may raise in some readers’ minds the question of what we ourselves actually believe.

Take our belief in God.

He or she or it is becoming nothing less than the process of opening our lines of contact with the unknown potential of the universe. God represents the direction of our wonder – not the destination. 

Which leads to no easy answers, just more questions.

However, if we humans could come together in harmony with the real universe, our troubled species would have its best chance to enjoy this jewel of a planet, unique probably in all of the cosmos. 

The hope of this happing in a throwaway world is negotiable, leaving people feeling defeated and powerless.

Every daylight hour we are bombarded by pleas for help to save something, now including the planet. Suffering seems to abound and we see it so often on the news or in movies that we’ve become desensitized.

“I think if people see this footage they’ll say, ‘Oh my God that’s horrible,’ and then go on eating their dinners.”

It’s no secret that the world is falling apart as we know it,  people are becoming desensitized to the events that are shaping our society.  

Desensitizing is a tool, and the world uses it to change and shape our thinking, alter our perspective and mold us into the way they want, too emotionally exhausted to feel anything. 

Just because it’s “normal” in today’s age, should we be in less shock, disgust, or lessen the intensity of emotion towards it?

What’s the harm?

It is not something to just succumb to, we must choose what we allow it to impact because it takes us farther away from the rawness and reality 

It is how we use it and allow it to affect us that any understanding of this relationship can we hope to achieve behavioral change.

Indeed, the world is in a chaotic and cruel place but what happens to us that we lose the deep sense of caring – something that would have been abhorrent to us in the past is not despicable anymore. We accept the fact that this is what the world has become

But it is not about pictures or videos anymore.

We are simply desensitized to tragedies happening around us because they are becoming less like tragedies and more like everyday actions.

It is very easy to point fingers at platforms such as Facebook, & Twitter. But both of them are flexible and adaptable, they are not an omnipotent force governing what the people chose to say or think.

As far as it goes, Social Media platforms are objective viewers of the world.

They are merely tools used by the people.

The question is, what are we allowing ourselves to become desensitized to?

Being sensitive is first and foremost allowing oneself to feel in great depths.

We become lethargic and we cannot hope to change behavior without first implementing a re-sensitization effort.

As our world undergoes anthropogenic changes, it is critical to examine how these changes affect our well-being and our relationship with the natural world.

What do we do when all of the chaos, all of the destruction of the world is shoved in our faces day after day?

We wonder why there isn’t a better way to go about things?

We can’t let our sensitivity be the darkness that sits on our shoulders.

Sensitivity helps us acknowledge our own consciousness.

We need to remember that it is a tool and that we do have a lot of control over it, but without thought, it appears we don’t have much control over it at all.

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

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

29 Saturday May 2021

Posted by bobdillon33@gmail.com 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.

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Algorithms., Artificial Intelligence., Big Data, Capitalism and Greed, Capitalism vs. the Climate., Climate change, Coronavirus (COVID-19), Distribution of wealth, Technology, The Future of Mankind, Visions of the future.

 

(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.

 

 

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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 bobdillon33@gmail.com 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.

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Artificial Intelligence., Back to normal., Capitalism and Greed, Capitalism vs. the Climate., Defaults looming., Distribution of wealth, Forthcoming Economic Depression ., Global warming, Greed, Inequility, Overriding priority., Post-Covid-19, Rebuilding our society., Sovereign wealth fund, The Future of Mankind, Visions of the future.

 

( 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.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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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 bobdillon33@gmail.com 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.

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Capitalism and Greed, Climate change, Distribution of wealth, Global warming, Inequility, Technology, The Future of Mankind, Visions of the future.

 

(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

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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.

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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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All comments and contributions much appreciated

  • THE BEADY EYE ASKS: IS ENGLAND APPROACHING ITS OLAUDAH EQUIANO MOMENT? May 11, 2022
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