The pamphlet argued that “those who do not have to work hard with their limbs, and those who are inclined to sit about” will “store up their protein for passion”, making retirement, for example, a period of increased passion and marital discord.[14] It ended by warning: “Beware of the fun of indecent suggestions; of the amusement from the titillating scandal of private lives; of the diversion of the undress of low journalism etcetera. These things erode our morals and twist young minds.”[15] In addition to the pamphlet, Green left several unpublished manuscripts, including a novel, Behind the Veil: More than Just a Tale; a 67-page text, Passion and Protein; and a 392-page edition of Eight Passion Proteins, which, Carter writes, was rejected by Oxford University Press in 1971.[4]
“Next plung’d a feeble, but a desp’rate pack,
With each a sickly brother at his back:
Sons of a Day! just buoyant on the flood,
Then number’d with the puppies in the mud.
Ask ye their names? I could as soon disclose
The names of these blind puppies as of those.”(B 305–310)
Pope The Dunciad.
https://notthegrubstreetjournal.com/2018/05/24/the-oligarchical-temper-theophrastus/
Doubling Back I often find somewhat more productive than doubling down.
Doubling Down is a form of denial and Doubling Back is a retracing of steps to find where one took a misstep.
I Reblogged this Article John at the time you wrote it and it was included as a link in another post I did yesterday which double-backed and referred to previous Posts from Dr. Tim Morgan.
Whilst the end of the World is not night, the end of the current monetary arrangements are nigh
This is the Dawning of the new Grub Street Aquarius
End of Ownership, Circular Economy Proof of Brain and Primary, Intermediary and Consumption Energy Tokens. A Framework Evolves.
Either Joules or KWH equivalents in the three categories of Primary Intermediary and ConsumptionAnd noting the Hoarding aspects of energy in long-term capital assets and applying something akin to the single land tax on them, we really can get somewhere near to a sustainable Birth Right economy. Where it gets very interesting is in the Information economy where shared knowledge doubles the knowledge it does not half it. Richard Stallman (GNU) often makes that very point.
To satisfy the need for Status in the Social Animal Humans Kind ( see Pigou Dalton Principle for a Theoretical framework for Taxation boundary conditions. ) Anyhow it is in the space of non-monetised social interactions where the second sort of discretionary token can be created on a blockchain providing the necessary ornament and display trinkets that determine the mating game? I will not elaborate here but Forres / Lagom the community system I have been working on has the idea that it is Mineable or winnable or giftable, The Distributed computing platform Steemit has something called proof of Brain which is a species of the sort of on-line social success measure which can easily be monetised to provide a competitive element to the Production of both the Birth Right token and the Discretionary speculative mating game side of the sustainable circular economy.
https://t.co/wTkFFDrwOv #Eleven10t0thetwoOne for the skeptics’ Nothing to fear but fear itself the economy as energy transformation machine. #Nafta #RossPerot #WrongkindofGreen #EnergyEconomic #8thwaytothink #ConquestofDough #ObjectiveKhunts #GrubStreetJournal #OIP #Alexanadria pic.twitter.com/0yKap9EJXj— RogerGLewis (@PMotels) July 16, 2019 https://platform.twitter.com/widgets.js
We should be carefully looking at where we are investing our money. (1)
(1)ED. This is the key misunderstanding, the whole basis of this analysis should look at Net Energy Surplus over cost of energy extraction, then in a real sense the Sentance , “We should be carefully looking at where we are investing our Energy ( qua, Energy )”, would have an energy-based monetary unit taking the place of the Debt-based monetary unit as a referent, the debt-based monetary unit as a referent renders the statement meaningless a per pro-energy capital allocation decisions.
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Possibilist perspective on Post Growth, Sustainable Money and Sustainable Energy. Who’s Reality.
I have not commented for a while, I almost did on a recent blog in which you said that Electric Cars were no panacea, which of course they are not.
I know that that blog and this are looking for discussion and in this spirit offer this VPRO documentary which is in Dutch, subtitles are available in English.
https://en.wikipedia.org/wiki/Pigou%E2%80%93Dalton_principle
Here is a Dialogue I had with Clive Lord Joint founder of the UK Green Party, I wish Clive could see the money creation question as clearly as you state it here Stephen.
http://letthemconfectsweeterlies.blogspot.se/2016/08/neo-liberalism-billy-no-mates-or-just.html
Clive Lord
Feb 25
‘Fiat’ money MUST be tied to eco-considerations, so must entail redistribution, and with a Basic Income taxes can reflect what is, or is not sustainable.
Roger Glyndwr Lewis
Feb 26
Hello Clive,
What to look for in a Distributed Value and Voting System. Where is the embedded power? is it truly Distributed, democratic and consensus-based?
The answer depends on what the ultimate aim is for the questioner.
The issues are, Centralisation versus decentralisation Issues revolve then around the production of money and distribution of money In the Crypto world, the euphemism for centrally created is Pre Mined, of course, it is not pre-mined at all in the case of Stellar, Cardano, Ripple and of Course Tether. The next layer of the money creation question then comes to Real Pre mining which is to do with allowing an exclusive group usually the development community to mine for a period at the genesis block to a further period which effectively reserves a big chunk of the first money created to rest in the hands of a powerful group, this question is often discussed in initial coin offerings. The most famous pre miner is, of course, Satoshi ( him/Her self ) The Genesis blocks and the keys to the first bitcoin blocks are in the hands of the mysterious Satoshi and amount to 10% of all bitcoin in existence the video I sent yesterday of Heart and Verr discussing Bitcoin and Bitcoin cash has a large section when this is discussed other videos I sent have included discussions of the Monero Crippled Miner and also the Genesis mining of Dash and Ethans fast one regarding who got the lions share and hence control of a supposedly distributed and decentralised value system. Ethereum tackled all of these questions and was and is very transparent there is still a high concentration of power as represented by concentration of token control at the top but not as bad as say Ripple and Tether- The next question you get is, is it open source and how truly open-source and accessible is the decision-making process ? this is the much-vaunted Consensus algorithm stuff. The Byzantine General and all of that, At this point you get to the Hard Forks soft forks and Discussion regarding Bitcoin Gold/Cash/core etc. Craig Wright (I Think he is Satoshi or Half of Satoshi who I believe were he and his US friend who died of cancer a few years back now ( details are important) I.e Satoshi never was just one person the initial effort was a group effort including Nick Szabo and some other notable Cypher Punks, you also have to factor in people like Julian Assange and WikiLeaks which is all part of the same movement that Bitcoin emerged out of. So that takes us back to who are the good guys and bad guys the answer to which is you pays your money and makes your choice or in my case you Build your miner and choose your Currency/pool. I mine EThereum but will in due course be mining ETHER ( for as long as I can I:E Proof of Stake) Ethereum Classic, the debate between Ethereum and Ethereum Classic, dates back to the DAO hard Fork and the DAO Hack. This is the bit about Rolling back the BlockChain. Heart is against it in the Heart Verr interview, I think he’s wrong to be absolutist about it, I agree with Ethereum Classic in many ways but think they were wrong to say that the Dao Hacker should have been let off the hook. I Like Ethereum, Dash, Monero Bitcoin Gold/ Ethereum Classic Bitcoin Bitcoin Cash SIA Coin IBIQ and BISQ as an exchange Finally, I like Gold and Silver and Lanthanides ( rare earth Metals ) Lietears Terra made into a Crypto would be the ultimate good Guy the work I did a year or two back on currencies in this space tackles all these questions http://www.lietaer.com/2010/01/terra/
Energy Returned on Energy Invested, Surplus Energy Economics Data Base ( SEEDS) Embodied Energy CIrcular Economy.
” A question was put to the former chief of the Executive Board of the Deutsche Bank, Hilmar Kopper in an interview in a TV network in the spring of 1991: “What is it that gives money its actual value?” One might have expected Kopper to refer to the performance of the political economy that provides the cover for our money. But the reply of the banker was short and to the point: “The time factor means that it (money) increases through interest”, and to the inquiry of the astounded interviewer: “Money without time is then nothing?”, he confirmed the same in more detail: “Money without time means nothing, of course, it can be spent right away. But that does not multiply money, money is then turned into something else.” This definition of a former banking expert is significant. According to him, our money is not primarily for the purpose of mediating an exchange of goods and services in the economic system, but more for self-propagation!”
Interest as a Means of Redistribution / 8 Excerpt from Helmut Creutz The Money Syndrome Towards a Market Economy Free from Crises
https://realcurrencies.files.wordpress.com/2012/01/monsyndrome_ch-7-18-21-22-1.pdf
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The Distributed Web, Energy Based Economics , Trustless Value Transfer Systems.
Periodically, usually every 12-18 months I find that my reading and research loop back to a common point, All roads lead back to a central direction or a common vector. This past 3 months I have been immersed in the Hardware side of computing looking at and implementing my own Mining operation for Crypto Currencies
QED
https://surplusenergyeconomics.wordpress.com/2019/09/02/155-the-art-of-dark-sky-thinking/
2 thoughts on ““quod erat demonstrandum”, Doubling Back to make sense of the doubling down, Double Speak and Double Plus Good, Beware Thought Crime ahead!”