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BadgerJelly » July 17th, 2017, 8:49 am wrote:Yeah, but ... What kind of thing can we propose to possibly, if not practically, replace this economic system? Personally my preference is to see the disintegration of economics which is a rather drastic measure and not one we're close to grasping yet!
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BadgerJelly » Mon Jul 17, 2017 1:06 am wrote:Should we try and correct things before they get out of hand or is it already too late and we'll essentially have to wait for a violent revolution to wake us from slumber?
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BadgerJelly » Mon Jul 17, 2017 5:49 am wrote:Yeah, but ... What kind of thing can we propose to possibly, if not practically, replace this economic system? Personally my preference is to see the disintegration of economics which is a rather drastic measure and not one we're close to grasping yet!
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Serpent » Mon Jul 17, 2017 5:14 pm wrote:
There is no "we" to make intelligent decisions. If there were such an entity, it could make a relatively painless transition to computer-controlled economies - a separate, autonomous one for each of several thousand regions, if "we" were smart enough to put in that failsafe - all connected to a communication network so they can co-ordinate their plans.
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Serpent » Mon Jul 17, 2017 10:28 pm wrote:Trouble is, the 'net also presents huge financial opportunities, both legitimate and criminal. Not to mention 'intelligence gathering', propaganda dissemination, recruitment and political influence. This means there is a great deal of competition for control of it - and against regulation. Only governments could wield the authority to regulate, but governments, both democratic and despotic, are run by the same people who have been making such a hash of the monetary and military decisions. More mess. Afaik, at the moment, only China's government has the clout to give its decisions any teeth - and who knows how long that will last?
Everything is far too volatile now to control or predict.
Due largely to that same magical medium, no crisis stay on its own continent anymore.
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I'm very distressed that Europe has decided censorship and not more open discussion is appropriate in a world of diversity of psychological make up. When people stop talking about their desires the next step is usually violence.
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BadgerJelly » Tue Jul 18, 2017 1:32 am wrote:Wolf -I'm very distressed that Europe has decided censorship and not more open discussion is appropriate in a world of diversity of psychological make up. When people stop talking about their desires the next step is usually violence.
No idea what you're talking about here? "censorship'
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BadgerJelly » Tue Jul 18, 2017 4:42 am wrote:Wolf -
I am still confused? This is a problem in Europe?
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Serpent » Wed Jul 19, 2017 12:43 pm wrote:It's not a lack of trust that will bring down capitalism, either. The masses have trusted and trusted the wealthy and had their assets purloined, and their losses didn't cause the economy to stabilize. So I don't think it's a question of who trusts whom.
It's more a question of capability. The 7 billion people who control half the world's wealth can each do very little damage to the economy of their own countries, let alone the whole monetary system, while the 82 people who control the other half of the wealth can each topple quite a large domino.
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wolfhnd » July 19th, 2017, 6:48 pm wrote:I'm not sure that the "masses" are anymore trustworthy than the overly wealthy.
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Serpent » July 19th, 2017, 9:43 pm wrote:It's more a question of capability. The 7 billion people who control half the world's wealth can each do very little damage to the economy of their own countries, let alone the whole monetary system, while the 82 people who control the other half of the wealth can each topple quite a large domino.
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Mossling » July 19th, 2017, 6:12 pm wrote:Serpent » July 19th, 2017, 9:43 pm wrote:It's more a question of capability. The 7 billion people who control half the world's wealth can each do very little damage to the economy of their own countries, let alone the whole monetary system, while the 82 people who control the other half of the wealth can each topple quite a large domino.
Indeed - the political influence does not even have to touch government circles - large companies can threaten to move business elsewhere (as we've seen with Brexit), and the decisions of the directors of 'too big to fail' private companies ripple through society on multiple levels - it's difficult for them not to begin to consider themselves social architects of sorts
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wolfhnd » July 19th, 2017, 6:48 pm wrote:I'm not sure that the "masses" are anymore trustworthy than the overly wealthy.
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