2 years ago (edited)
2:09 The Price System
4:53 the human energy system
13:12 production vs. hours per unit vs. labor hours
17:40 “the easier to produce, the harder to distribute”
22:30 Maintain scarcity by destroying crops, making shoddy products, low load factors, war
Introduction to Technocracy – 1933
discussions — of ‘value,’ of fluctuating prices, of the gold standard, of changing interest rates, of items of pecuniary wealth which are at the same time items of debt — are
merely discussions looking toward a readjustment of the factors which prevent them
The problem of analysing political choices against the metric of a Monetary measure is the Money as a Thing is most certainly a Variable and as any good technologist, scientist or metrologist will tell you a unit of measurement has to be clearly defined and fixed.
The dollar. He notes that it is a variable. Why anyone should attempt, on this earth, to use a
variable as a measuring rod is so utterly absurd that he dismisses any serious
consideration of its use in his study of what should be done.
He also considers ‘price’ and ‘value’ and the fine- spun theories of philosophers and
economists who have attempted to surround these terms with the semblance of meaning.
These terms, like the monetary unit, may have had meaning to men in the past but they
mean nothing whatsoever to the modern technologist. The standard of measurement is
not relevant to the things measured; and the measuring rod and the things, measured as if
they were stable, are all variables.
Incorporating energy into production functions
Hi Tim, The New Seeds Spreadsheets are great, lots to get our teeth into thanks.
Looking forward to the Russian Figures to wit this interesting article in Russia Observer is relevant to the wider Energy based economics analysis.endeavour.https://patrickarmstrong.ca/2017/10/12/exchange-rating-russia-down-and-out/
“What of the future? Well, there’s a simple answer to that question – compare Russia in 2000 with Russia in 2017: all curves are up. Meanwhile, sanctions are driving the Russians to create new industries, oilfield services for one, or to boost others: agricultural products are now the second-largest export sector. Understandably, many Russians prefer the longtime gain to the immediate (and declining) pain and hope the sanctions continue. For what it’s worth, PwC predicts Russia will be first in Europe in 2050, but, even so, I think it misses the real point: Indonesia and Brazil ahead of Russia? No way: it’s not GDP/PPP that matters, let alone how many USDs your currency buys, it’s full service. (Anyway, by 2050 the renminbi or gold will likely be the measure and how will the USA itself look by that measurement?).”
“What’s the good of Mercator’s North Poles and Equators,
Tropics, Zones, and Meridian Lines?”
So the Bellman would cry: and the crew would reply
“They are merely conventional signs!
Unite behind the science event with greta thunberg At COP-25 in Madrid in December 2019.#4Pamphleteers @GrubStreetJorno @wiki_ballot @financialeyes @JoeBlob20 #ClimateChange #Science #PolitcalEconomy #CarbonCurrency #EnergyEconomics #CircularEconomy #Technocracy #Eugenics #LimitsToGrowth #ClubofRome #CFR #NaomiSeibt #GretaThunberg
Read it for yourself.
Thank you for the opportunity to read The Naked Capitalist and Midgley’s review of it. I think his review is very perceptive, and there is very
little I can add to it.
Midgley is correct in his basic statement that Skousen has simply taken
extended passages from my book, in violation of copyright, and put them
together in terms of his own assumptions and preconceptions to make a
picture very different from my own. Skousen is apparently a political agitator; I am an historian. My book merely tried to give an account of what
happened in the world in the early part of the 20th century. I did a good
deal of independent research on it, much of it in places which did not attract
Skousen’s attention at all (such as French economic history, and economic
history in general). The book was published five years ago. On the whole,
except perhaps for my section on Red China, it has stood the challenge
of later information fairly well. The chapter on “Germany From Kaiser
to Hitler” has just been re-published by Houghton Mifflin in a book entitled
Écoute Et Répète, Listen and repeat
Learn by rote and do not question,
To Each that has shall be given,
those who hath not will be punished,
Know ones betters and issue scripted
speech when spoken too, Obsequious.
Do not blanche before appearance of grandeur.
Pompous ceremony seeks to silence chafing curiosity.
How readily the pecking order
has regiments in line , volunteers
to a false consciousness of liberation by
societies consumptive ills, Polysemous
The inescapable trilemma of the world economy. “The End of Democracy, not the end of History”. @scientificecon @jbhearn @financialeyes @JoeBlob20 @Lloyd__Evans #ConquestofDough #CovidPurpose #BlackWednesday
“A FIRE, A FIRE IS BURNING! I HEAR THE BOOT OF LUCIFER, I SEE HIS FILTHY FACE! AND IT IS MY FACE, AND YOURS, DANFORTH! FOR THEM THAT QUAIL TO BRING MEN OUT OF IGNORANCE, AS I HAVE QUAILED, AND AS YOU QUAIL NOW WHEN YOU KNOW IN ALL YOUR BLACK HEARTS THAT THIS BE FRAUD – GOD DAMNS OUR KIND ESPECIALLY, AND WE WILL BURN, WE WILL BURN TOGETHER!”
― ARTHUR MILLER, THE CRUCIBLE
Pardon me. Men of business do indeed know how they themselves
made their money, or how, on occasion, they lost it. Playing a
long-practised game, they are familiar with the chances of its
cards, and can rightly explain their losses and gains. But they
neither know who keeps the bank of the gambling-house, nor what
other games may be played with the same cards, nor what other
losses and gains, far away among the dark streets, are
essentially, though invisibly, dependent on theirs in the lighted
rooms. They have learned a few, and only a few, of the laws of
mercantile economy; but not one of those of political economy.
The World is Dedollarizing, by Peter Koenig .#GrubStreetJournal #GrubStreetPolitics #GrubStreetGeoPolitics #GrubStreetPoliticalEconomy #GrubStreetMoneyandFinance #ConquestofDough #TidesofTheDollarMoonaPoem
And then came the Wolves. Jefferson and Franklin. Paper is Poverty. “If once they become inattentive to the public affairs, you & I, & Congress & Assemblies, judges & governors shall all become wolves.” #Propaganda #FourthEstate #ConquestofDough #MAGA #TRUMP2020
Hitler’s economic revolution in Germany had reduced financial considerations to a point where they played no role in economic or political decisions.
The argument that the two parties should… (Carroll Quigley Quote)
The argument that the two parties should represent opposed ideals and policies, one, perhaps, of the Right and the other of the Left, is a foolish idea acceptable only to doctrinaire and academic thinkers.
Guitarist Genil Castro shows you how to Expand your harmonic knowledge of the guitar fingerboard in 03 minutes, in fact 2:56 minutes. An introduction to the multiple meaning of chord structures also known as Plurality (pluralities), which is the fact that chords actually have more than one name and more than one function.
Pre Requisite:Knowledge of basic drop 2 or 1573 seventh chords voicings and chord construction.
This process of the same chordal structure having multiple meanings is known in the classical theoretical tradition of the 19th century as ” Merdheutigkeit” or multiple meaning. In jazz theory I found the expression Plurality ( Grove, 1972). In a research I did I related the concept to linguistics (heterossemy) and to the creative process. “PLURALITY: The creative process of ressignification of harmonic and melodic structures”