What Is the Limiting Factor?
May 6, 2012/12 Comments/
By Herman Daly
In yesteryear’s empty world, capital was the limiting factor in economic growth. But we now live in a full world.
This is an excellent article by Herman Daly, Fredrick Soddy’s work on money is quoted.
“Capital,” said Nobel chemist and pioneer ecological economist Frederick Soddy, “merely means unearned income divided by the rate of interest and multiplied by 100.”
Werner’s theory of disaggregated credit will greatly assist in analysing where we have been and what was done with the Half of the fixed energy resource ” Fossil Fuels” and present the possibilities for use of the other Half or as much of the other half that is needed to get to transition?
To make these value judgments it is important to have a Value measure .
“If we want to avoid Auschwitz in the future, we must abolish situations in which a human being may classify and discriminate other ones upon absolute, arbitrary criteria. In other words, we must extend the Relativistic Reason over the human/social domain and may admit only relative, demonstrable propositions in this domain as well. This calls, of course, into question nearly all established ideological and political structures, which are based upon absolute principles.
We live in an Auschwitz-friendly world and if we want to avoid Auschwitz in the future, we have to call into question its essential principles.
But do we want it really?”
Relativistic Dialectics Georges Metanomski On the 50’th Anniversary of the Liberation of Auschwitz
Relativistic Dialectics Relativistic Dialectics Georges Metanomski On the 50’th Anniversary of the Liberation of Auschwitz . #Brexiteers and Climate Deniers the new Jews? #CovidPurpose #5GKillGrid #Vaxxed #TwoFingers2Brino @wiki_ballot #4Pamphleteers @GrubStreetJorno @Survation @financialeyes #IABATO @JoeBlob20 #CovidBollocks #CodsWallop
“Through the mills of God grind slowly, yet they grind exceeding small;
Though with patience He stands waiting, with exactness He grinds all.”
Baron Friedrich von Logau, Sinngedichte
I wholeheartedly agree with you that we, collectively, are the ones that have brought this upon ourselves. We collectively have allowed politics to become a profession and politicians to become a privileged class immune from accountability and prosecution. But the perversion is so far advanced and institutionalised that “organising” anything will be, at best, thoroughly phagocytised by the system or, at worst, violently torn asunder. The continued existence of the organisation therefore would inherently be predicated on compromise and, eventually, assimilation.
1. A process of a cell actively engulfing other cells or food particles.
2. A process by which certain cells engulf and destroy foreign particles or microorganisms such as bacteria.
GFC2, Ephemeralisation, Doing More With Less. Bucky Fullmeister and Circular Economy.
Bourgeois resolution. A poem in Three Voices for added 4th part Harmony.
Globalisation Un-Entangled. (A FOUND POEM, CIPHER OF GLOBALISM )
#ConquestOfDough #ConquestofDough A Web Site providing the framework of understanding for My New Novel
“Admit the Facts of life in international political relationships.” The Kakistocracy and Venal Establishment. #FreeSpeech #FreeTommy #MoslemBrotherhood #UnitedNationsHateSpeechDictats #TragedyandHope #RealPolitik #GeoPolitics #MassMigration #MultiCulturism #Immigration #FreeSpeech #WarofCivilisations #Agenda2030 “Do you find this happens all the time. Crucial point one day becomes a crime. And I’m not the kind that likes to tell you just what I want to do” #AgeofConsent #NewOrder #ConquestofDough
Eric Blair Apr 3, 2018 9:52 AM
I went looking for “our” democracy but I couldn’t find it anywhere. The media is the Empire’s propaganda department, elections are a pieces of Kabuki theatre designed to bamboozle the proles and power-obsessed thieves, liars, torturers and killers run the show.
This is hardly a new development. The exaggerated outrage and affected surprise every time the establishment’s crooked and devious ways are exposed is getting boring. Surveillance, manipulation and deception (and lying about it at every turn) is part and parcel of full-spectrum dominance. Surely we all know this by now so what’s with the “OMG they are threatening our democracy [sic]” routine?
Is it not time to admit that “our” democracy is as good as dead and won’t be resurrected until we get angry or desperate enough to take the fight to those who are killing it?
The internet has a way of making interaction with a digital device feel like something more…but until we are compelled to take action in the physical world we are just 21st century armchair revolutionaries… all talk and no action. No revolution happens without risk, sacrifice and, usually, violence and repression. In this brave new internet era we can’t even muster enough energy and motivation to take to the streets and demand the UK government release Julian Assange.
Anyone who believes the fight against global capitalism can be fought and won passively while sitting in a coffee shop and tinkering on a Five Eyes infiltrated communication device is sadly deluded.
Until we in the West rally around a vision that can replace the current political and economic order there won’t even be a revolution. In the absence of a viable alternative to replace it, the present dysfunctional system will live on, becoming increasingly repressive as sporadic chaos and violence erupt from a restive population under immense social and economic pressure.
Decline can be a lengthy and bitter process and only we the people can put a halt to it. No wise and glorious leader or sympathetic foreign power will fight our battles for us.
“Because of the myth of the “good war” millions have been pointlessly murdered by needless interventionism. Without the Holocaust narrative, WWII is nothing but another colonial resource war.”
I am a big reader of Caitlan Johnson on Medium she is a great writer and has a finger on the pulse of what is appearing in Narratives and Counternarratives Caitlan reads the intended grey space interpretation very well I find.
I once posed this question to Caitlan.
One thing that puzzles me is why when draws the conclusion that the MSM is a lie machine, Which I agree with. Then why is it the Anthropogenic Global Warming due to the CO2 Hypothesis is somehow a Truth that the MSM is Consistently Telling? I can not reconcile that contradiction, I am curious how you do yourself?
Was The "Inconvienient Truth" Always a "Convienient Lie"? #CLimateChange #ParisAccord #TrumpsEPA #WattsUpWithThat #DeSmogBlog #ScienceofDoom
What are the main narratives where is the common Thread and what are the realities that Harold MacMillan called Events dear boy, events?
If you think about it Climate Change is part of the Holy Trinity of Globalisation, The others are The The Chosenness of the Elites and the Third is “the Holocaust” as a Totem of a Manichean personification of Evil.
Has the Holocaust replaced Calvary at the Christian festival of Easter?
The Medium is The Message, apparently.
nEVER tOUCH THE mONEY sYSTEM, nEO cLASSICAL AND hETRODOX eCONOMICS, tWO cHEEKS OF THE SAME aRSE #gORGEOUS gEORGE
In Syria, we are told that President Assad is the evil enemy, but then his enemies turn out to be even more evil than him, so we bomb them, and by doing that, we help keep Assad in power.
But the real epicenter of this non-linear world is the economy, and the closest we have to our own shape-shifting post-modern politician is [U.K. Chancellor of the Exchequer] George Osborne.
He tells us proudly that the economy is growing, but at the same time, wages are going down.
He says he is reducing the deficit, but then it is revealed that the deficit is going up.
But the dark heart of this shape-shifting world is Quantitative Easing. The government is insisting on taking billions of Pounds out of the economy through its austerity program, yet at the very same time it is pumping billion of Pounds into the economy through Quantitative Easing, the equivalent of 24,000 Pounds for every family in Britain.
But it gets even more confusing, because the Bank of England has admitted that those billions of Pounds are not going where they are supposed to. A vast majority of that money has actually found its way into the hands of the wealthiest five percent in Britain. It has been described as the biggest transfer of wealth to the rich in recent documented history.
It could be a huge scandal, comparable to the greedy oligarchs in Russia. A ruthless elite, siphoning off billions in public money. But nobody seems to know.
It sums up the strange mood of our time, where nothing really makes any coherent sense. We live with a constant vaudeville of contradictory stories that makes it impossible for any real opposition to emerge, because they can’t counter it with any coherent narrative of their own.
And it means that we as individuals become ever more powerless, unable to challenge anything, because we live a state of confusion and uncertainty. To which the response is: Oh dear. But that is what they want you to say.
´´The aide said that guys like me were “in what we call the reality-based community,” which he defined as people who “believe that solutions emerge from your judicious study of discernible reality.” I nodded and murmured something about enlightenment principles and empiricism. He cut me off. “That’s not the way the world really works anymore.” He continued “We’re an empire now, and when we act, we create our own reality. And while you’re studying that reality—judiciously, as you will—we’ll act again, creating other new realities, which you can study too, and that’s how things will sort out. We’re history’s actors … and you, all of you, will be left to just study what we do.”
Suskind, Ron (2004-10-17). Faith, Certainty and the Presidency of George W. Bush. The New York Times Magazine.
The Rovian Turn in Election punditry, Lies Damned Lies and Statistics. #Corbyn4PM
The Rovian Actors in History world of 1984 and 2019. “If you want a picture of the future, imagine a boot stamping on a human face—forever.” O’Brien on Goldstein. #Solipsism #FUD #Fear, #uncertainty and #doubt
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