I make money online. We see millions of people trending towards this. I believe the Global Internet Economy is merely consuming the old structure of the global economy.
*****SO WHAT! ******* if the stocket market falls and we all get nuclear war and die. We are all conected to the unified field of conciousness from whence we came. Pain is a short term state of counciousness from which we can walk trough the gateway of vibrational feilds and retunrn home to the one unified state of infinate knowledge and wisdome that is the creative force behind the univerce. Dont fear the reaper. Become one :-) I love DR Mandelbrots work with fractals. true understanding
Painters sneered at computers until Fractal Painter came along in the early 1990's. Oil on canvas on a computer? Yes. Corel bought what became of the company and the technology is now part of the CorelDRAW Suite.
When the banking Politburo makes little capital, the people eat little borsch. The captains of industry know when and where to create and sell capital, just like Comrade Stalin! The people smile with iphones in hand at the rising sun of Comrade Bernanke!!!
@rgs11 In the west we're so rich with consumers and resources that we can burn through them for 30 generations before "the rich" have nothing to burn, and until that day, they're not gonna care. In fact, the very last rich white guy will be standing at the north pole, blaming himself for the ghetto the rest of the world has become, while clinging to his beloved paradigm of "growth"; a picture of self satisfied righteousness and evil greed. Pathetic.
@ion010101 okay, look, I understand where you're coming from but you really should do yourself a favor and educate yourself instead of swallowing all the propaganda hook line and sinker.
1.All rich people are not evil; many have attained their wealth by providing a genuine boon to humanity. PYHOYA
2. There is something called synergy and equilibrium; you cannot possibly understand your ass from your elbow in these matters unless your're familiar with this.
@ion010101 I hope you're right about that... I'm not so sure that ALL of them have good intentions but I agree with you that the vast majority do... But, yeah, Buckminster Fuller: one of the most eminent scientific geniuses of the 20th century demonstrated how we have the technology (without any crazy thermodynamic violation) so that every person on this planet could live at a higher standard than ANYONE (kings, bankers, etc) to date WITHOUT the need to 'work for a living'.
@ion010101 In other words, he demonstrated that the idea of scarcity as we know it ie the me-or-you mentality is a fallacy. The entire civilization we live in is built upon the idea that there isn't enough to go around... IT IS NOT TRUE!!!
Anyway, I know this stuff prob sounds crazy but I think you might be interested bcuz u seem like u are geniuinely frustrated with the status quo. And this is totally apolitical stuff "Operation Manual for Spaceship Earth" which you can find online for free.
@rgs11 It's ironic that this belief in scarcity coincides with living like pigs, with a feeding frenzy, with using up resources as fast as possible. The only thing that makes it all possible is loan lending. Credit and loan lending make it possible for banks to own you. As long as most people in 1st world countries have job security, it seems like a sweet deal. And it's the one thing no one is interested in re-thinking.
Omg, I just did a research paper on the fragility of a globalized economy and how we should move back to a "wampum" system of money and now that the semester is over youtube recommended this remarkably relevant vid...curious.
If you're going to listen to anybody, listen to these really bright guys because the politicians are not bright and they will not tell you the truth (for obvious reasons, if you're smart).
Actually they overestimated this particular crash. In hindsight there was no real catastrophe for the US except that Americans now live in smaller homes, and that the rest of the world slipped back a little in wealth.
@SalsaTiger83 Are u seriously this stupid ? The USD has crashed in value and virtually halved in value in the past few yrs. Gold has gone from $600 to 1500 in 3 yrs. Commmodities are soaring not becos they are actually more expensive but becos the USD is so weak. In terms of gold they are falling in value. Every other major economy has emerged far far stronger like China, Japan, Brazil etc... (Yes Japan because they are the biggest creditor nation and own vast quantities of your debt). US = bad
@neb967 that's exactly what I meant "no catastrophe". Yes, America was brought down to reality pretty hard, but you really can't call that a catastrophe, except if your investment strategy was based on the exact opposite. All the countries you name have a lot of room to catch up, so you would actually expect them to grow faster than the US. Let's face it: Americans lived way over their means, and the governments of the world now had to pay for that.
@SalsaTiger83 Sure the recession was relatively shallow but it is not like we are in any kind of recovery phase. Policies so far employed since the crash have only served to postpone the inevitable crash that I believe will ensue... "Pumping up the bubble and throwing money at the people who are partially responsible is not a particular impressive or effective strategy IMO. The US is driving towards the edge of a cliff and I for one see no indication it will change. I have placed bets on this.
@neb967 I don't share that sense of impending catastrophe. Certainly the debt is not really good, but there is also little in the way of alternatives. Of course, you can always find alternatives, but they can't be proven better in any significant way.
So now that its begun it cannot be stopped without catastrophic effects.
Time for you people to seriously consider becoming self sufficient and pulling away from the system you pay into. (If you hadn't worked that out by now, your beyond saving... possibly)
If I make money, it's MINE. If I lose money, it's OURS.
Banking and insurance are screwing us in ways we can't even fathom.
We pay them for 'essential services' that we MUST have by law, yet when the house of cards they construct collapses, they run to the government (that they condemn for overregulation) for assistance like bunch of whining brats with empty bottles and full diapers.
They screw the pooch, and we pay the child support.
While books like the "Black Swan" by Nassim Nicholas Taleb prepare us for the likelihood of the improbable in our lifetime, it is evident to most that change, and dynamic change, are the only certainties we can expect in the new decade. Consequently, it is fair to say that "the deal" is never ever really done. It is constantly being revised as new information is understood from another perspective.
Damn, Taleb, stop stuttering and spit it out. The OTC Derivative Market with a notional value of $600- $1500 Trillion dollars is collapsing because investors were sold CDO's stuffed with Mortgage Back Securities that contained NO MORTGAGES in them!!!. Death of the Dollar and the Anglo Empire. GAME OVER!!!!!!
@CommonRaven Its called the Martingale. Nick Leeson etc. He can't get out of the thing. Stop printing fiat currency and the pack of cards comes crashing down now instead of later.
Pretty soon, the only thing America will manufacture is gullible consumers that run towards the flashing "SALE" lights and rip out their credit cards.
How sad is our society when the best and the brightest no longer care to enlighten us and move us into the next step of technological and consciousness evolution but instead go to wall-street to get rich and fuck all to the world . . .
@NassimHarameinVedas How sad is our species when the majority of people seek immediate and immaterial existence instead of investing themselves into something they can benefit from. Fuck off, read a god-damned book, sweat some god-damned sweat and bleed god-damned blood to put food on your own self-damned table. The species has fucked itself.
@NassimHarameinVedas Then shut your trap spewing your bullshit logic that nobody wants to hear about, you fucking twit. Get the fuck off the internet, you're wasting bandwidth.
@brother234 work harder? not in my book (literaly:) the machinery is powered by our efforts, so my sentiment is to do less in terms of work, and more in terms of actually enjoying nature... it is not good enough to set economic reform as a topic, nor is it good enough to actually conduct economic reform... what's needed is a radical and deep questioning of western arrogance based on the over-inflated sense of individuality and self-importance... imho :)
a problem inherent to capitalism, which seeks greedy short term solutions. a socialist system would not be prey to this phenomenon because there is no surplus being expropriated as profits and hidden in hedge funds and banks; the supermarket does not need a loan from a bank because (in a socialist world republic, not a transitional socialist government) capital is not required for goods and services as they are not artificial rarities
interesting, thoughtful discussion here too, but clearly we don't have the right mode of communication... clearly we are concerned about the state of the planet, and though it will survive whatever we do, i am embarrassed that i am part of a society that is making such a mess of it, as everyone who watches this video and comments... the trick is, how do we leverage mandelbrot's insight into complex systems not just in economics, but all aspects of the psycho-social flux... we can do it, but we
@happyseaurchin we stop lying to each other, stop scheming, and begin to have babies, work harder and more consistently, and keep free from debt, which is where capitalism took off like gangbusters out the gates during John Calvin's influence in Switzerland among refugees and then these wise winds of wealth creation God's style were carried over the waters to the currently mocked puritans. But they partied harder with more sex and more fun than people realize.
mandelbrot discovered many things and we should celebrate him for that, at least with a nobel prize... he kept on defending "science" until the end, and leave his comments like "i don't sleep well too" because of his personal concerns.... i would like to have heard more of his personal concerns, and we might have heard something like wisdom
Benoit is a huge hero. Thanks to this brilliany man we can all free ourselves from the mountains of quackademic theories which have enslaved humanity to the energy barons, money traders/central bankers and war mongers running this hell hole financial racket. Seize the central banks, lock up their bankers and many of the problems would disappear under proper monetary management by the people for the people!
Why is it we are told that globalization is a destructive behavior yet we keep encouraging the larger predators by establishing rules that actually facilitate their absorption of smaller entities? This has happened in all areas from agriculture to service providers. Even our own governments will aid in the matter by contracting out to the large corporations. Everything is a federal issue. We have become a self-destructing society in order to feed the greed.
Globalization, fiat currency, exponential leverage by TBTF banks, and increasing complexity in our economic system make the impact of Black Swan events not only more likely, but also catastrophic.
We need resiliency: decentralize power, take critical economic activities back to the local level, move to a gold standard for all currencies, break up the Too-Big-To-Fail Banks, and root out the fraud.
Stop the casino banking! Scary.
Banking should be boring. It's been a casino for too long.
here is why I think Nassim's prediction still hasn't come completely true (he seems to confirm this every few interviews on CNBC). Check this out: thedailycable (dot) com /?p=377
Funny enough he is only invited to CNBC when the market is falling.
I wish they'd just stop with the jargon and state it plainly:
1)Economics isn't a science, but a folkway method we've propped up out of power and tradition.
2)Greed and profit trumped human concern.
3) It's time to apply the scientific method to our social and economic design and transition to a resource based economy, otherwise we'll continue to have the same problems over and over and over from the system.
@blaziermissy No. The refuted pseudo-scientific beliefs of the technocrat cult destroys itself. I didn't make any statements before. I merely identified the group to which you belong.
@blaziermissy Technocracy is a modern form of Stalin-Marxism. The price system is eliminated and all resource allocations are determined by an elite group of scientists. Why eliminate the price system you might ask.. because these people believe in some weird perversion of debunked Malthusian/Marxist economics.
@blaziermissy He still espouses the elimination of the price system/forced equalization. He still espouses that resource allocations are determined by an elite group of scientists.
@axe863 he espouses abolishment of the money system b/c the behavioral sciences have allowed for the "root of the problem to be exposed." He espoused the scientific method, NOT an elite group of scientist, decisions arrived at not popular, power ipinion at the forefront to support established ideology.
Quite a difference if you're willing to see such. NO elitism, hierarchy, leaders.
@blaziermissy The abolition of a money system (private or public) requires a power structure lol. How will one enforce the restriction on money? How will one allocated resources w/o money? This necessitates an elite group of "resource allocators"
@axe863 the world citizenry, if awareness created and undertood have the power to enact this change; why should 1/2 of 1% of the world population be the deciders? Resouces would be inventoried and shared as needed; geographics/abundance based on sci method determine arrived at decisions. Distribution centers and self-sustaining cities. See for yourself. thevenusproject (dot) com
@blaziermissy "epic fail on your denial of my response" ... I love how you say this and yet you cant see that this is exactly what you did. I will ridicule you until you try counter my first argument and not avoid it
@axe863 Excuse me????? I rebuttled and you countered with calling me a nutter. Now UNTIL you address my response.....you'll not get away with the psychological flip flop/game you're attempting to get away with.
@blaziermissy How the hell was that a rebuttal? How the hell do people willingly redistribute their wealth? How can each individual allocate resources of everything relative to everything else. Lets start with four goods: eggs, car, bats and cheese. You would need allocate on this mechanism: X eggs=Y cars, Q eggs=W bats, A eggs=B cheese, C cars=D bats, E cars=F cheeses, G cheeses=H bats. The average store has 100's of goods. What about double coincidence of wants.
@axe863 The details can be "arrived at" but it's not a matter of redistribution it's a matter of inventory and declaring the resources as common heritage. There would be data systems and inventoried resources..and computers monitoring the envrionment in different aspects much like a guage that monitores levels of resources. There will be distribution centers. You need to check the VP out; it offers this in more detail than I can present here..just takes the time to spend in understanding it...
@blaziermissy "declaring the resources as common heritage"
This is textbook redistribution!!!! Who will declare the resources a common heritage? Who will maintain this declaration by force if a minority want to deviate? Who will manage the distribution of resources? How can you equally distribute goods/services if people have varying tastes and time preferences? How would you enforce labor adherence in light of slackers?
@axe863 First of all, you'd do well to put your rifle down and chill out..it helps with listening and comprehension. Not trying to be rude..but our language is a old and we're simply talking at each other and not communicating well. Our value systems would have to change first before you could even think about a RBE. And the very fact that you call this "declaration of force" is indicative that you're not communicating with me. If you become interested you have the website.
@blaziermissy My rifle? Ive never been within a 100 meters of a gun. Free market capitalism is not coercive unlike your modern Marxian utopia. Fyi, I never said the Marxian "utopia" was ever created. It will never be created. Any system that relies treats people in an idealized and perverse fashion is an inherent failure. The lack of redundant protections against tyranny, in the Marxian construct, is fundamentally stupid.
@axe863 If you allow yourself to think outside of our system and our learned bias, you can chill out and analyze it without jumping to conclusions and labels before you even get started. That's really what it takes.
@blaziermissy@blaziermissy Your position is fundamentally that of the technocrats minus the explicit mention of the allocators aka the "elite scientists." Who will allocate the resources for all individuals on a homogeneous level for "maximum efficiency"? Without the capacity for free individual choice, people will have lower welfare. This is a common thread that runs between technocracy and communism. It is the devaluation of humanity for it is more "efficient" to treat them as machines.
@axe863 VP is not that of technocrats..and if you're interested in the primary basic facts and questions that would be pertinent to at the very least analyzing before dismissing, check it out. I personally can't see any person speaking of applying critical analysis to anything without knowing the basic premises and tenants and yet dismiss.
Decisions will be "arrived at" via the scientific method, not somones opinion..I can't stress that or simply it even further. Your own analysis is needed.
@blaziermissy lol Who will enact these objective measures of subjective preferences? Individuals are not homogeneous in their preferences,driving forces, intelligence and ability. How can individual X derived all person Y's preferences if he/she is external of person Y? The market already adheres to the satisfaction of individual preferences. By the fact that "VP" is a deviation, there will need to be an elite who would undermine the freedom of individual choice.
@axe863 lol! How many times are you going to ask the same question?
And btw(Ex:) Who needs 1000 choices of cell phones by multiple companies w/ differnt levels of tech that breaks in a short amt of time so more profit is made? The amt of wasted resources to make that many diff type phones is rediculus waste. How about 2,3 phone styles that do ALLtech apps and last 50 years..and ALL can have access to upgrades. Btw, 60% of people don't even enjoy the tech..they've never even used a phone.
@blaziermissy Its extremely hilarious that you think "over-diversity" of cell phones is a bad thing. You obviously have no understanding of how evolutionary processes work and how beneficial they really are. Human beings are the product of random mutations & natural selective pressures.
@axe863 I gave you ex of how wasteful to have that many choices when some have more tech levels than this one, this one does this; money gimmicks. Uh, what does evolution have to do with cell phones? Also, I don't refer to evolution as "they" as you did. Btw, look up social evolution.
Human beings behavior is product of the environment & conditioning. It would make sense to have a socio-econ. envrironment that's up to present day knowledge & utilizing resources efficiently.
@blaziermissy You really dont get it...??? You think that deviations from homogeneity are inefficient. Random mutations/product differentation are deviations from so called "homogeneity." Natural selection/complex interactions of heterogeneous agent preferences (the market) are the selective pressures. These create the non-random emergence of structures that are the best suited for their environment.
@axe863 What are you talking about? Are you trying to rectify 40 different flavors of Rice a Roni as differentiations of product selective pressures...and labeling this compulsion homgeneity as efficient? I'd call that denial and intellectualizing.
Do you think people if not under the cultural influence of advertising 24/7 give a shit about 1000 channels and a cellphone that has glitter?
Within a system with very different cultural values in alignment with sustainability, I think NOT.
@blaziermissy Ignorance of the dynamics of complex adaptive systems is not an excuse ;) I will not repeat my arguments. Btw, You have yet state who will perform said scientific analysis. If each individual performs more advanced testing to derive their allocations, it is still capitalism. If others do it for them & have authority to maintain said allocations, it is no longer capitalism.
I have destroyed your position! Now leave me alone ;)
@axe863 I'm not ignorant to the dynamics of our monetary system at all..I'm very well aware of it as well as the effects sociologically...r u?
People that are qualified in science (not a politician or power advantageor an opinion)will help to oversee and a systems data base of applic data determined via the scientific method thus decisions "arrived at."
People participate present for production determined via updated knowledge. You've destroyed nothing.
@axe863 Who would want to deviate from logical use of resources, maximum efficiency, and an environment conducive to end social problems that have plague us since we've walked the earth? People don't deviate when there's no need to rebel.
@blaziermissy "logical use of resources," Individuals are not homogeneous, they have differing characteristic & time preferences. The macro-economy is a complex adaptive system that works in a quasi-evolutionary framework. In this form, the macro-econ exists between order and chaos which is proven to provide the highest innovative pressures. Without the massive innovation induced by capitalism, the average standard of living would be deplorable and even minor shocks would cause mass starvation
@blaziermissy "logical use of resources" You are implicitly rejecting the notion that the value of the good is derived from the subjective preferences of the holder except if the elite group of scientists (technocracy- you finally admitted it 2 days ago) are equivalent to all knowing deities & can allocate to match all preferences. Otherwise,you are implicitly accepting a slight generalization of Marx's theory of value.
@axe863 Let's be frank here. We have a system where we make money off of money, providing no tangible good or product..how "logical" is that? And if that weren't decorative enough, casino type derivatives gambling CEO's making as high as 235 million a year while poverty is at an all time high.
This differential money game is just that. We made it up and we can get rid of it...now you try that for logic.
@blaziermissy "money off of money" Money is primarily a medium of exchange, a store of value and a unit of account. Money isn't some mystical abstraction but without it, transactions would be very difficult. You fail to understand that when the system is understood & there isn't massive moral hazard, these individuals ensure that there exists an efficient allocation of scarce resources.
"Poverty is at an all time high" When with respect to what period of time? I would love to hear this.
@axe863 Not "everyone" thinks everything in life is some form of a battle or competition. Just thought I'd let you know. I've never been one for games or competition...I'm more interested in observeing the competition phenomenon and trying to figure out how to solve it.
@blaziermissy This is ridiculous.The universe is a complex system. Its like arguing against gravitation or evolution because you view them as negative or unpleasant. You are arguing against the very mechanism of the universe.
@blaziermissy Oh I thought you meant actually find the end result of the interactions lol. By solve... do you mean destroy? Thats easy. Just limit their freedom to interact & set up industries with govt backed infinite barrier to entry. When they take their competition to the newly developed "black market," you will have to crush them to make non-competition a permanent state.
@blaziermissy lol I meant "I saw the video... did you completely ignore all the points that I have made in the last 20-30 comments".
If you view the macro-economy as purely internally static w/ random exogenous innovations then the heterogeneity induced by capitalism is inefficient. This is obviously incorrect if you were to understand that heavy tailed fluctuations are an inherent trait of endogenously dynamic system.
@axe863 stop with the b.s. economics is nothing but a traditionalized folkway with dressed up charts and graphs. Consumption without any regard for resources or efficient use of them. Even worse...it's all about infinite growth, thus other nations are robbed for their share of resources. Epic lose. We powered our entire economy around a non renewable, and we don't consider using the scientific method to our system, if we did it'd be premised around benefitting all and ending poverty.
@blaziermissy You know nothing about economics or evolutionary processes. I'm not going to argue with you because youre willfully (mentally) blocking out my arguments.
@axe863 there's something to be said about the profound effects of propoganda and despite the hindsight of history, the painfully slow progress of social evolution.
@axe863 Social evolution to mental clarity; the ability to critique and question and to help propel forward and progress to what is truly beneficial to ALL humankind and this planet.
@blaziermissy I have explained what ensures the highest innovative pressures and yet you still spout/redirect me to old quasi-Marxist constructs (net energy theory of value is basically equivalent to the labor theory of value). Innovation results from heterogeneity of goods (random mutations from homogeneity/differentiation) with a complex system of selective pressures.
Explain another plausible mechanism by which there will be innovative pressures equivalent to that under capitalism.
@axe863 Somebody needs to explain the 10 key basic components of Marx's Communism to you, then show you the unique differences of a RBE point for point. But who can show someone who covers their ears and closes their eyes while adhering to folkway tradition?
@blaziermissy Objective valuation based on the means of production is a Marxian concept. The 10 basic components of Marx's communism are taken to an even more extreme case in the VP by the abolishment of money & a non-transitional elite. The destruction of money is completely retarded. If someone wanted to obtain a good, the seller would need an Z quality of X amount of Y good etc... This would make transactions extremely costly...but of course you want all powerful allocators.
@blaziermissy Without prices, resources cant be allocated to meet the wants/ needs of heterogeneous individuals. How does one establish the desires of heterogeneous individuals without signals? Oh right... the elite will just produce what they think is best for you, not what you desire or really need.
@axe863 Without the profit system, goods and services will be accessable by all via distribution centers. Thus,there will be no eliite, because no social class stratification. The goods and products will be produced by automation and AI.
For more detailed info search it. No price tag, no need to sell or horde...abundance.
@blaziermissy LOL. You didn't answer my question at all. How can the "elite scientific class" allocate resources without any signals. Answer it or admit defeat. This is worse than the "benevolent dictator" condition in economics...at least he or she had signals to work with.
Youre answer is basically: From each according to his ability, to each according to his need. There will be no social class even though there are elite scientist allocators and the others. Insane levels of efficiency
@axe863 There will be NO elite, science class...no social hierarchy. There will be a centralized data base with inventory of resources, goods, etc...resources allocated upon need.
@blaziermissy "There will be a centralized data base with inventory of resources, goods, etc...resources allocated upon need"
lol. Again HOW WILL THE ELITE SCIENTISTS KNOW HOW TO ALLOCATE RESOURCES TO MEET INDIVIDUAL WANTS/NEEDS WITHOUT SIGNALS. Maybe if I write it in caps youll actually try to answer the question.
Oh so I can charge people for a superior service if people are willing to pay me for it under technocracy. If I am forbidden, there needs to be a power structure to forbid me from engaging in such things. They don't have to pay me in money albeit inefficient they can pay me in goods/services.
@blaziermissy Centralized ... lol.... have you not heard about dis-economies of scale. You would think some one like you would understand high school level economics
@axe863 I dont' think you realize economics isn't a science. It's based on a traditional folkway method...good for some time but it's time to think outside of this....to a system that works for the modern tech of this century.
@axe863 get back to me when the economy crashes and you'll think deluded. That's our problem. You'd think it wouldn't take crisis and biosocial pressures for us to move forward to what is best for us as well as the planet.
@axe863 yeah the market is a complex system..you mean a well oiled system that has built in differential advantage. It's success is to be gauged by how it serves the PEOPLE/MASSES beneficially. If it were concerned with social progress and evolution, it'd be revamped to patch the allowances for corruption and monopoly. Sooner or later the system must be updated to present day knowledge especially in alignment with behavioral science.
@axe863 Aren't you at least "williing" to look outside of our system? It's not like ours is actually working. Why can't we take what we've learned from all the "isms" and apply something that works? It's how all progress occurs...building upon old knowledge with the new knowledge. Hindsight..foresight..
@blaziermissy Why should a CEO make as much money in one day than the average worker at a corporation make all year? Are you with me? It doesn't work. That's insane.
We've got to start being rational..
If the ultimate reward in a system (monopoly) destroys the system itself...Houston...you've got problems.
@axe863 The market is monopolized...differential advantage. So it's not a "free market" by any means. And even if you could "magically" make it one..it wouldn't be long before it'd be monopolized again..because that's what it's designed around...competition. And when profit trumps HUMAN concern...which it does...you've got a break down of a system that was designed for "HUMANS" in the first place. It's not set in stone..we made it up...and we can update it to present day knowledge.
I make money online. We see millions of people trending towards this. I believe the Global Internet Economy is merely consuming the old structure of the global economy.
JBroMarketing 1 month ago
*****SO WHAT! ******* if the stocket market falls and we all get nuclear war and die. We are all conected to the unified field of conciousness from whence we came. Pain is a short term state of counciousness from which we can walk trough the gateway of vibrational feilds and retunrn home to the one unified state of infinate knowledge and wisdome that is the creative force behind the univerce. Dont fear the reaper. Become one :-) I love DR Mandelbrots work with fractals. true understanding
ChrisTomo50 2 months ago
"Complexity"?....you mean fraud and looting,..eh!
JanRichardus 2 months ago
R.I.P. man of vision.
danno321s 4 months ago
Painters sneered at computers until Fractal Painter came along in the early 1990's. Oil on canvas on a computer? Yes. Corel bought what became of the company and the technology is now part of the CorelDRAW Suite.
danno321s 4 months ago
black swans shit, they shit chaos:P
blackswanflea 4 months ago
When the banking Politburo makes little capital, the people eat little borsch. The captains of industry know when and where to create and sell capital, just like Comrade Stalin! The people smile with iphones in hand at the rising sun of Comrade Bernanke!!!
PrimeConsciousness 4 months ago
SHITS CHAOS
gen6k 6 months ago
Nice comments, good points, but Taleb and Mandelbrot are correct . . . this is VASTLY worse than anything this economy has ever experienced.
In the meantime, the ship sinks, and the greedy pigs will keep feeding at the
trough until it's all over.
theroilsoil 6 months ago
FELINEGUARD WISHES TO PAW AT THE MEDIA MAN IN AN ATTEMPT TO APPREHEND HIS BRAIN...
FOR EATING
meow
FELINEGUARD 7 months ago
I fail to see how this is a problem for rich people.
ion010101 8 months ago
@ion010101 really? Rich people usually need a little something called CONSUMERS! dude...
rgs11 7 months ago
@rgs11 In the west we're so rich with consumers and resources that we can burn through them for 30 generations before "the rich" have nothing to burn, and until that day, they're not gonna care. In fact, the very last rich white guy will be standing at the north pole, blaming himself for the ghetto the rest of the world has become, while clinging to his beloved paradigm of "growth"; a picture of self satisfied righteousness and evil greed. Pathetic.
ion010101 7 months ago
@ion010101 okay, look, I understand where you're coming from but you really should do yourself a favor and educate yourself instead of swallowing all the propaganda hook line and sinker.
1.All rich people are not evil; many have attained their wealth by providing a genuine boon to humanity. PYHOYA
2. There is something called synergy and equilibrium; you cannot possibly understand your ass from your elbow in these matters unless your're familiar with this.
rgs11 7 months ago
@rgs11 No one is "evil". Everyone has "good intentions". I'll look up those other things.
ion010101 7 months ago
@ion010101 I hope you're right about that... I'm not so sure that ALL of them have good intentions but I agree with you that the vast majority do... But, yeah, Buckminster Fuller: one of the most eminent scientific geniuses of the 20th century demonstrated how we have the technology (without any crazy thermodynamic violation) so that every person on this planet could live at a higher standard than ANYONE (kings, bankers, etc) to date WITHOUT the need to 'work for a living'.
rgs11 7 months ago
@ion010101 In other words, he demonstrated that the idea of scarcity as we know it ie the me-or-you mentality is a fallacy. The entire civilization we live in is built upon the idea that there isn't enough to go around... IT IS NOT TRUE!!!
Anyway, I know this stuff prob sounds crazy but I think you might be interested bcuz u seem like u are geniuinely frustrated with the status quo. And this is totally apolitical stuff "Operation Manual for Spaceship Earth" which you can find online for free.
rgs11 7 months ago
@rgs11 It's ironic that this belief in scarcity coincides with living like pigs, with a feeding frenzy, with using up resources as fast as possible. The only thing that makes it all possible is loan lending. Credit and loan lending make it possible for banks to own you. As long as most people in 1st world countries have job security, it seems like a sweet deal. And it's the one thing no one is interested in re-thinking.
ion010101 7 months ago
@ion010101 couldn't agree more.
rgs11 7 months ago
the theory of everything is god = logic theoreticalphysics.webs.com
paginipro 8 months ago
The "B" in Benoit B. Mandelbrot stands for Benoit B. Mandelbrot, people!
majestic93 9 months ago in playlist B-pocalypse_2 13
I miss Dr. Mandelbrot being here to remind us of the possible CHAOS
Bambuty 9 months ago
Rest in peace.
Bambuty 9 months ago
Omg, I just did a research paper on the fragility of a globalized economy and how we should move back to a "wampum" system of money and now that the semester is over youtube recommended this remarkably relevant vid...curious.
Kulgera4 9 months ago
@Kulgera4
Serendipidity rules the universe. XD
Blackcomanche 9 months ago
the monetary economic system is structurely flawed and is its failure is inevitable
redpillreality 9 months ago
We're screwed. The end game is staring us in the face. When QE2 ends, interest rates will rise causing it all to fall...BUY SILVER!!!!
FlipThatBond 9 months ago
If you're going to listen to anybody, listen to these really bright guys because the politicians are not bright and they will not tell you the truth (for obvious reasons, if you're smart).
joseg1787 10 months ago
Koch + Mandelbrot + Haramein = Total Teory All = fractal structure universe micro macro.
Intergalacticatv 10 months ago
@flicked1969 Shit like this has happened for generations, it's just that nobody mentioned them.
silveRxG 10 months ago
When was this interviewed?
innocent1252 10 months ago
Actually they overestimated this particular crash. In hindsight there was no real catastrophe for the US except that Americans now live in smaller homes, and that the rest of the world slipped back a little in wealth.
SalsaTiger83 10 months ago
@SalsaTiger83 Are u seriously this stupid ? The USD has crashed in value and virtually halved in value in the past few yrs. Gold has gone from $600 to 1500 in 3 yrs. Commmodities are soaring not becos they are actually more expensive but becos the USD is so weak. In terms of gold they are falling in value. Every other major economy has emerged far far stronger like China, Japan, Brazil etc... (Yes Japan because they are the biggest creditor nation and own vast quantities of your debt). US = bad
neb967 10 months ago
@neb967 that's exactly what I meant "no catastrophe". Yes, America was brought down to reality pretty hard, but you really can't call that a catastrophe, except if your investment strategy was based on the exact opposite. All the countries you name have a lot of room to catch up, so you would actually expect them to grow faster than the US. Let's face it: Americans lived way over their means, and the governments of the world now had to pay for that.
SalsaTiger83 10 months ago
@SalsaTiger83 Sure the recession was relatively shallow but it is not like we are in any kind of recovery phase. Policies so far employed since the crash have only served to postpone the inevitable crash that I believe will ensue... "Pumping up the bubble and throwing money at the people who are partially responsible is not a particular impressive or effective strategy IMO. The US is driving towards the edge of a cliff and I for one see no indication it will change. I have placed bets on this.
neb967 10 months ago
@neb967 I don't share that sense of impending catastrophe. Certainly the debt is not really good, but there is also little in the way of alternatives. Of course, you can always find alternatives, but they can't be proven better in any significant way.
SalsaTiger83 10 months ago
@flicked1969 you're fucking stupid. go masturbate to some more doom theories.
CheaterNLaw 11 months ago
So now that its begun it cannot be stopped without catastrophic effects.
Time for you people to seriously consider becoming self sufficient and pulling away from the system you pay into. (If you hadn't worked that out by now, your beyond saving... possibly)
def44 11 months ago
@def44 well actually your doomsday call is late... and doomsday hasn't happened. The very crisis they are talking about is being recovered....
SalsaTiger83 10 months ago
Privatized profit - socialized risk.
If I make money, it's MINE. If I lose money, it's OURS.
Banking and insurance are screwing us in ways we can't even fathom.
We pay them for 'essential services' that we MUST have by law, yet when the house of cards they construct collapses, they run to the government (that they condemn for overregulation) for assistance like bunch of whining brats with empty bottles and full diapers.
They screw the pooch, and we pay the child support.
Insert cliche here.
pyrpylkyrtynz 1 year ago 16
@pyrpylkyrtynz Truer words have seldom been spoken.
s005288 1 year ago
@pyrpylkyrtynz
couldn't have said it better myself!
Cliche: Everyone's a hypocrite.
californiacurt23 1 year ago
@pyrpylkyrtynz so true
Deathbysterotype1 10 months ago
Nassim Taleb is the smartest guy in the room, as usual. Listen and learn.
rlwilkinson 1 year ago 2
I dont believe in fear as the answer at least ;)
Yes the system is collapsing, there are so many other structures online. WE ARE IT! :)
livingreality2012 1 year ago
Taleb seems to enjoy the sound of his own voice.
EnglishWhitePride 1 year ago
While books like the "Black Swan" by Nassim Nicholas Taleb prepare us for the likelihood of the improbable in our lifetime, it is evident to most that change, and dynamic change, are the only certainties we can expect in the new decade. Consequently, it is fair to say that "the deal" is never ever really done. It is constantly being revised as new information is understood from another perspective.
ContractsAvatar 1 year ago
Damn, Taleb, stop stuttering and spit it out. The OTC Derivative Market with a notional value of $600- $1500 Trillion dollars is collapsing because investors were sold CDO's stuffed with Mortgage Back Securities that contained NO MORTGAGES in them!!!. Death of the Dollar and the Anglo Empire. GAME OVER!!!!!!
traynickel 1 year ago
@CommonRaven Its called the Martingale. Nick Leeson etc. He can't get out of the thing. Stop printing fiat currency and the pack of cards comes crashing down now instead of later.
strawdog1234567 1 year ago
Stop paying interest to the Rothschild's.
Freedom is nothing to fight and die for, its a way of living.
mailtob 1 year ago
Stop paying intrest to the Rothschild's.
Freedom is nothing to fight and die for, its a way of living.
mailtob 1 year ago
Mandelbrot's dead?
RIP
turxxx 1 year ago
Pretty soon, the only thing America will manufacture is gullible consumers that run towards the flashing "SALE" lights and rip out their credit cards.
Yup, we're screwed.
MiKikaIwaShizaru 1 year ago
How sad is our society when the best and the brightest no longer care to enlighten us and move us into the next step of technological and consciousness evolution but instead go to wall-street to get rich and fuck all to the world . . .
NassimHarameinVedas 1 year ago
@NassimHarameinVedas How sad is our species when the majority of people seek immediate and immaterial existence instead of investing themselves into something they can benefit from. Fuck off, read a god-damned book, sweat some god-damned sweat and bleed god-damned blood to put food on your own self-damned table. The species has fucked itself.
AverageJoe8686 1 year ago
@AverageJoe8686 - Not to let my ego flare up but honestly, Average Joe trying to leverage me? Please . . .
NassimHarameinVedas 1 year ago
@NassimHarameinVedas Then shut your trap spewing your bullshit logic that nobody wants to hear about, you fucking twit. Get the fuck off the internet, you're wasting bandwidth.
AverageJoe8686 1 year ago
@AverageJoe8686 - Indeed. Thank You sir, for Your most kind words and enlightened virtues. You certainly belong amongst the best of the race of men.
NassimHarameinVedas 1 year ago
"THE BEHAVIOR OF ECONOMIC PHENOMENA IS FAR MORE COMPLICATED THAN GASSES OR LIQUIDS".
Hence, it is ill-advised to use statistical analysis in economics. Mendelbrot has read Hayek!
61984sd 1 year ago 2
FALLACY OF INDUCTION!?
61984sd 1 year ago
I felt his end was near, I'm truly saddened to see him gone :( RIP and thank you.
OriginalAtomicSheep 1 year ago
R.I.P.
You changed my point of view - you´re a hero!
Bantam486 1 year ago
Rest in peace always a legend.Mandelbrot and hoffman prophets of our time.
bigpotplant 1 year ago
That DOES sound like a Yogi Berra quote. Funny.
myvideos656 1 year ago
Did that interviewer actually say, "Predictions are difficult, particularly about the future?"
Thank you for fractal geometry, Mr. Mandelbrot. Rest in peace.
myvideos656 1 year ago
@myvideos656 He's paraphrasing Niels Bohr and Yogi Berra.
10mintwo 1 year ago
RIP
casmoviesandmusic 1 year ago
@brother234 work harder? not in my book (literaly:) the machinery is powered by our efforts, so my sentiment is to do less in terms of work, and more in terms of actually enjoying nature... it is not good enough to set economic reform as a topic, nor is it good enough to actually conduct economic reform... what's needed is a radical and deep questioning of western arrogance based on the over-inflated sense of individuality and self-importance... imho :)
happyseaurchin 1 year ago
...rest in peace professor...and thank you for your sharing your beautiful mind.
moofph 1 year ago
a problem inherent to capitalism, which seeks greedy short term solutions. a socialist system would not be prey to this phenomenon because there is no surplus being expropriated as profits and hidden in hedge funds and banks; the supermarket does not need a loan from a bank because (in a socialist world republic, not a transitional socialist government) capital is not required for goods and services as they are not artificial rarities
afaultytoaster 1 year ago
@afaultytoaster thus the printing press is being utilized and gold and silver soar.
brother234 1 year ago
interesting, thoughtful discussion here too, but clearly we don't have the right mode of communication... clearly we are concerned about the state of the planet, and though it will survive whatever we do, i am embarrassed that i am part of a society that is making such a mess of it, as everyone who watches this video and comments... the trick is, how do we leverage mandelbrot's insight into complex systems not just in economics, but all aspects of the psycho-social flux... we can do it, but we
happyseaurchin 1 year ago
@happyseaurchin we stop lying to each other, stop scheming, and begin to have babies, work harder and more consistently, and keep free from debt, which is where capitalism took off like gangbusters out the gates during John Calvin's influence in Switzerland among refugees and then these wise winds of wealth creation God's style were carried over the waters to the currently mocked puritans. But they partied harder with more sex and more fun than people realize.
brother234 1 year ago
mandelbrot discovered many things and we should celebrate him for that, at least with a nobel prize... he kept on defending "science" until the end, and leave his comments like "i don't sleep well too" because of his personal concerns.... i would like to have heard more of his personal concerns, and we might have heard something like wisdom
happyseaurchin 1 year ago
Benoit is a huge hero. Thanks to this brilliany man we can all free ourselves from the mountains of quackademic theories which have enslaved humanity to the energy barons, money traders/central bankers and war mongers running this hell hole financial racket. Seize the central banks, lock up their bankers and many of the problems would disappear under proper monetary management by the people for the people!
77GSlinger 1 year ago 2
THANK U FOR THIS VIDEO
santiagoeneir 1 year ago
RIP, self-similarity is my religion.
quantumdude 1 year ago
Pour one out for my homie, RIP.Thanks for posting.
blaxipad 1 year ago
@blaxipad
::opens St. Ides::
:::pours some on the ground:::
aaronhedberg 1 year ago
Pour one out for my homie, RIP.Thanks for posting.
blaxipad 1 year ago
Rest in peace
chasersbf 1 year ago 51
This has been flagged as spam show
Why did the Nobel Prize committee cannot understand this genius, or did they purposefully forgetting him?
If I could incorporate Dr. Mandelbrot's Fractal Geometry in my finance research, I'd be fulfilled. May his soul rest in peace.
PUTHENTHOPE 1 year ago
Benoit Mandelbrot, 1924-2010 RIP
glephi 1 year ago 79
Why is it we are told that globalization is a destructive behavior yet we keep encouraging the larger predators by establishing rules that actually facilitate their absorption of smaller entities? This has happened in all areas from agriculture to service providers. Even our own governments will aid in the matter by contracting out to the large corporations. Everything is a federal issue. We have become a self-destructing society in order to feed the greed.
Smarti1957a 1 year ago
complexity of behavior of economics is far more greater than that of Weather!?
darkbit1001 1 year ago
@darkbit1001 and easily defined by the repetition of history, and fractals
ROCKNTV1 1 year ago
Globalization, fiat currency, exponential leverage by TBTF banks, and increasing complexity in our economic system make the impact of Black Swan events not only more likely, but also catastrophic.
We need resiliency: decentralize power, take critical economic activities back to the local level, move to a gold standard for all currencies, break up the Too-Big-To-Fail Banks, and root out the fraud.
Stop the casino banking! Scary.
Banking should be boring. It's been a casino for too long.
therookiecynic 1 year ago 4
Now its time for creating new theories of surviving after economics crash.
spider853 1 year ago
wow, I had no idea my mandel-bro was still kickin'. probly pounding back natty ice right now
TooMuchToo0ften 1 year ago
@Blandamour Have you watched it
papadioup8 1 year ago
The Austrian economists, Mises. org , have been warning about this for years too.
Youtube search, "Peter Schiff Was Right"
CurtHowland 1 year ago
here is why I think Nassim's prediction still hasn't come completely true (he seems to confirm this every few interviews on CNBC). Check this out: thedailycable (dot) com /?p=377
Funny enough he is only invited to CNBC when the market is falling.
IvanTchourilov 1 year ago
I wish they'd just stop with the jargon and state it plainly:
1)Economics isn't a science, but a folkway method we've propped up out of power and tradition.
2)Greed and profit trumped human concern.
3) It's time to apply the scientific method to our social and economic design and transition to a resource based economy, otherwise we'll continue to have the same problems over and over and over from the system.
blaziermissy 1 year ago
@blaziermissy lol what....Technocracy
axe863 1 year ago
@axe863 oh yeah..that propoganda buzzword rebuttle negates everything I said. Sure.
blaziermissy 1 year ago
@blaziermissy No. The refuted pseudo-scientific beliefs of the technocrat cult destroys itself. I didn't make any statements before. I merely identified the group to which you belong.
axe863 1 year ago
@blaziermissy Technocracy is a modern form of Stalin-Marxism. The price system is eliminated and all resource allocations are determined by an elite group of scientists. Why eliminate the price system you might ask.. because these people believe in some weird perversion of debunked Malthusian/Marxist economics.
axe863 1 year ago
@axe863 Technocracy is not affiliated with the VP. Fresco left that group decades ago and is in fact ostricized by them. No affiliation..
blaziermissy 1 year ago
@blaziermissy He still espouses the elimination of the price system/forced equalization. He still espouses that resource allocations are determined by an elite group of scientists.
So he has a lot in common with technocrats
axe863 1 year ago
@axe863 he espouses abolishment of the money system b/c the behavioral sciences have allowed for the "root of the problem to be exposed." He espoused the scientific method, NOT an elite group of scientist, decisions arrived at not popular, power ipinion at the forefront to support established ideology.
Quite a difference if you're willing to see such. NO elitism, hierarchy, leaders.
blaziermissy 1 year ago
@blaziermissy The abolition of a money system (private or public) requires a power structure lol. How will one enforce the restriction on money? How will one allocated resources w/o money? This necessitates an elite group of "resource allocators"
axe863 1 year ago
@axe863 the world citizenry, if awareness created and undertood have the power to enact this change; why should 1/2 of 1% of the world population be the deciders? Resouces would be inventoried and shared as needed; geographics/abundance based on sci method determine arrived at decisions. Distribution centers and self-sustaining cities. See for yourself. thevenusproject (dot) com
blaziermissy 1 year ago
@blaziermissy lol ..you fail to offer a rebuttal to my argument and then you go off into utter nuttery.
axe863 1 year ago
@axe863 epic fail on your denial of my response. It's predictable denial.
blaziermissy 1 year ago
@blaziermissy Lol.. why should I offer a rebuttal when you failed to respond to my first argument??!!!
axe863 1 year ago
@blaziermissy "epic fail on your denial of my response" ... I love how you say this and yet you cant see that this is exactly what you did. I will ridicule you until you try counter my first argument and not avoid it
axe863 1 year ago
@axe863 Excuse me????? I rebuttled and you countered with calling me a nutter. Now UNTIL you address my response.....you'll not get away with the psychological flip flop/game you're attempting to get away with.
sigh......
blaziermissy 1 year ago
@blaziermissy How the hell was that a rebuttal? How the hell do people willingly redistribute their wealth? How can each individual allocate resources of everything relative to everything else. Lets start with four goods: eggs, car, bats and cheese. You would need allocate on this mechanism: X eggs=Y cars, Q eggs=W bats, A eggs=B cheese, C cars=D bats, E cars=F cheeses, G cheeses=H bats. The average store has 100's of goods. What about double coincidence of wants.
axe863 1 year ago
@axe863 The details can be "arrived at" but it's not a matter of redistribution it's a matter of inventory and declaring the resources as common heritage. There would be data systems and inventoried resources..and computers monitoring the envrionment in different aspects much like a guage that monitores levels of resources. There will be distribution centers. You need to check the VP out; it offers this in more detail than I can present here..just takes the time to spend in understanding it...
blaziermissy 1 year ago
@blaziermissy "declaring the resources as common heritage"
This is textbook redistribution!!!! Who will declare the resources a common heritage? Who will maintain this declaration by force if a minority want to deviate? Who will manage the distribution of resources? How can you equally distribute goods/services if people have varying tastes and time preferences? How would you enforce labor adherence in light of slackers?
It necessitates a repressive power structure!
axe863 1 year ago
@axe863 First of all, you'd do well to put your rifle down and chill out..it helps with listening and comprehension. Not trying to be rude..but our language is a old and we're simply talking at each other and not communicating well. Our value systems would have to change first before you could even think about a RBE. And the very fact that you call this "declaration of force" is indicative that you're not communicating with me. If you become interested you have the website.
blaziermissy 1 year ago
@blaziermissy My rifle? Ive never been within a 100 meters of a gun. Free market capitalism is not coercive unlike your modern Marxian utopia. Fyi, I never said the Marxian "utopia" was ever created. It will never be created. Any system that relies treats people in an idealized and perverse fashion is an inherent failure. The lack of redundant protections against tyranny, in the Marxian construct, is fundamentally stupid.
axe863 1 year ago
@axe863 If you allow yourself to think outside of our system and our learned bias, you can chill out and analyze it without jumping to conclusions and labels before you even get started. That's really what it takes.
blaziermissy 1 year ago
@blaziermissy @blaziermissy Your position is fundamentally that of the technocrats minus the explicit mention of the allocators aka the "elite scientists." Who will allocate the resources for all individuals on a homogeneous level for "maximum efficiency"? Without the capacity for free individual choice, people will have lower welfare. This is a common thread that runs between technocracy and communism. It is the devaluation of humanity for it is more "efficient" to treat them as machines.
axe863 1 year ago
@axe863 VP is not that of technocrats..and if you're interested in the primary basic facts and questions that would be pertinent to at the very least analyzing before dismissing, check it out. I personally can't see any person speaking of applying critical analysis to anything without knowing the basic premises and tenants and yet dismiss.
Decisions will be "arrived at" via the scientific method, not somones opinion..I can't stress that or simply it even further. Your own analysis is needed.
blaziermissy 1 year ago
@blaziermissy lol Who will enact these objective measures of subjective preferences? Individuals are not homogeneous in their preferences,driving forces, intelligence and ability. How can individual X derived all person Y's preferences if he/she is external of person Y? The market already adheres to the satisfaction of individual preferences. By the fact that "VP" is a deviation, there will need to be an elite who would undermine the freedom of individual choice.
axe863 1 year ago
@axe863 lol! How many times are you going to ask the same question?
And btw(Ex:) Who needs 1000 choices of cell phones by multiple companies w/ differnt levels of tech that breaks in a short amt of time so more profit is made? The amt of wasted resources to make that many diff type phones is rediculus waste. How about 2,3 phone styles that do ALLtech apps and last 50 years..and ALL can have access to upgrades. Btw, 60% of people don't even enjoy the tech..they've never even used a phone.
blaziermissy 1 year ago
@blaziermissy Its extremely hilarious that you think "over-diversity" of cell phones is a bad thing. You obviously have no understanding of how evolutionary processes work and how beneficial they really are. Human beings are the product of random mutations & natural selective pressures.
axe863 1 year ago
@axe863 I gave you ex of how wasteful to have that many choices when some have more tech levels than this one, this one does this; money gimmicks. Uh, what does evolution have to do with cell phones? Also, I don't refer to evolution as "they" as you did. Btw, look up social evolution.
Human beings behavior is product of the environment & conditioning. It would make sense to have a socio-econ. envrironment that's up to present day knowledge & utilizing resources efficiently.
blaziermissy 1 year ago
@blaziermissy You really dont get it...??? You think that deviations from homogeneity are inefficient. Random mutations/product differentation are deviations from so called "homogeneity." Natural selection/complex interactions of heterogeneous agent preferences (the market) are the selective pressures. These create the non-random emergence of structures that are the best suited for their environment.
axe863 1 year ago
@axe863 What are you talking about? Are you trying to rectify 40 different flavors of Rice a Roni as differentiations of product selective pressures...and labeling this compulsion homgeneity as efficient? I'd call that denial and intellectualizing.
Do you think people if not under the cultural influence of advertising 24/7 give a shit about 1000 channels and a cellphone that has glitter?
Within a system with very different cultural values in alignment with sustainability, I think NOT.
blaziermissy 1 year ago
@blaziermissy Ignorance of the dynamics of complex adaptive systems is not an excuse ;) I will not repeat my arguments. Btw, You have yet state who will perform said scientific analysis. If each individual performs more advanced testing to derive their allocations, it is still capitalism. If others do it for them & have authority to maintain said allocations, it is no longer capitalism.
I have destroyed your position! Now leave me alone ;)
axe863 1 year ago
@axe863 I'm not ignorant to the dynamics of our monetary system at all..I'm very well aware of it as well as the effects sociologically...r u?
People that are qualified in science (not a politician or power advantageor an opinion)will help to oversee and a systems data base of applic data determined via the scientific method thus decisions "arrived at."
People participate present for production determined via updated knowledge. You've destroyed nothing.
You've destroyed nothing.
blaziermissy 1 year ago
@blaziermissy "People that are qualified in science (not a politician or power advantageor an opinion)"
This is textbook technocracy !!!!!!
What if people want to deviate from the derived "optimality"?
axe863 1 year ago
@axe863 Who would want to deviate from logical use of resources, maximum efficiency, and an environment conducive to end social problems that have plague us since we've walked the earth? People don't deviate when there's no need to rebel.
blaziermissy 1 year ago
This has been flagged as spam show
@blaziermissy "logical use of resources," Individuals are not homogeneous, they have differing characteristic & time preferences. The macro-economy is a complex adaptive system that works in a quasi-evolutionary framework. In this form, the macro-econ exists between order and chaos which is proven to provide the highest innovative pressures. Without the massive innovation induced by capitalism, the average standard of living would be deplorable and even minor shocks would cause mass starvation
axe863 1 year ago
@blaziermissy "logical use of resources" You are implicitly rejecting the notion that the value of the good is derived from the subjective preferences of the holder except if the elite group of scientists (technocracy- you finally admitted it 2 days ago) are equivalent to all knowing deities & can allocate to match all preferences. Otherwise,you are implicitly accepting a slight generalization of Marx's theory of value.
axe863 1 year ago
@axe863 Let's be frank here. We have a system where we make money off of money, providing no tangible good or product..how "logical" is that? And if that weren't decorative enough, casino type derivatives gambling CEO's making as high as 235 million a year while poverty is at an all time high.
This differential money game is just that. We made it up and we can get rid of it...now you try that for logic.
blaziermissy 1 year ago
@blaziermissy "money off of money" Money is primarily a medium of exchange, a store of value and a unit of account. Money isn't some mystical abstraction but without it, transactions would be very difficult. You fail to understand that when the system is understood & there isn't massive moral hazard, these individuals ensure that there exists an efficient allocation of scarce resources.
"Poverty is at an all time high" When with respect to what period of time? I would love to hear this.
axe863 1 year ago
@axe863 Not "everyone" thinks everything in life is some form of a battle or competition. Just thought I'd let you know. I've never been one for games or competition...I'm more interested in observeing the competition phenomenon and trying to figure out how to solve it.
blaziermissy 1 year ago
@blaziermissy This is ridiculous.The universe is a complex system. Its like arguing against gravitation or evolution because you view them as negative or unpleasant. You are arguing against the very mechanism of the universe.
axe863 1 year ago
@blaziermissy "competition phenomenon and trying to figure out how to solve it."
Game theory.
axe863 1 year ago
@axe863 You really don't understand what I'm conveying...at all. Partly my fault...I'm not making myself clear for you it would seem.
blaziermissy 1 year ago
@blaziermissy Oh I thought you meant actually find the end result of the interactions lol. By solve... do you mean destroy? Thats easy. Just limit their freedom to interact & set up industries with govt backed infinite barrier to entry. When they take their competition to the newly developed "black market," you will have to crush them to make non-competition a permanent state.
axe863 1 year ago
@axe863 Maybe this will clarify: /watch?v=3Ngs-tOybJc
See what you think
blaziermissy 1 year ago
@blaziermissy I saw the video... did you completely ignore all the points that I have made in the 20-30 comments that I have made.
axe863 1 year ago
@blaziermissy lol I meant "I saw the video... did you completely ignore all the points that I have made in the last 20-30 comments".
If you view the macro-economy as purely internally static w/ random exogenous innovations then the heterogeneity induced by capitalism is inefficient. This is obviously incorrect if you were to understand that heavy tailed fluctuations are an inherent trait of endogenously dynamic system.
axe863 1 year ago
@axe863 stop with the b.s. economics is nothing but a traditionalized folkway with dressed up charts and graphs. Consumption without any regard for resources or efficient use of them. Even worse...it's all about infinite growth, thus other nations are robbed for their share of resources. Epic lose. We powered our entire economy around a non renewable, and we don't consider using the scientific method to our system, if we did it'd be premised around benefitting all and ending poverty.
blaziermissy 1 year ago
@blaziermissy You know nothing about economics or evolutionary processes. I'm not going to argue with you because youre willfully (mentally) blocking out my arguments.
axe863 1 year ago
@axe863 there's something to be said about the profound effects of propoganda and despite the hindsight of history, the painfully slow progress of social evolution.
blaziermissy 1 year ago
@blaziermissy Social evolution to what... mentally deficiency.
axe863 1 year ago
@axe863 Social evolution to mental clarity; the ability to critique and question and to help propel forward and progress to what is truly beneficial to ALL humankind and this planet.
/watch?v=bg5nzCS5YmA
blaziermissy 1 year ago
@blaziermissy I have explained what ensures the highest innovative pressures and yet you still spout/redirect me to old quasi-Marxist constructs (net energy theory of value is basically equivalent to the labor theory of value). Innovation results from heterogeneity of goods (random mutations from homogeneity/differentiation) with a complex system of selective pressures.
Explain another plausible mechanism by which there will be innovative pressures equivalent to that under capitalism.
axe863 1 year ago
@axe863 Somebody needs to explain the 10 key basic components of Marx's Communism to you, then show you the unique differences of a RBE point for point. But who can show someone who covers their ears and closes their eyes while adhering to folkway tradition?
blaziermissy 1 year ago
@blaziermissy Objective valuation based on the means of production is a Marxian concept. The 10 basic components of Marx's communism are taken to an even more extreme case in the VP by the abolishment of money & a non-transitional elite. The destruction of money is completely retarded. If someone wanted to obtain a good, the seller would need an Z quality of X amount of Y good etc... This would make transactions extremely costly...but of course you want all powerful allocators.
axe863 1 year ago
@blaziermissy Ill bite ;). Please explain how the 10 planks of communism are not virtually equivalent to VP.
axe863 1 year ago
@blaziermissy Without prices, resources cant be allocated to meet the wants/ needs of heterogeneous individuals. How does one establish the desires of heterogeneous individuals without signals? Oh right... the elite will just produce what they think is best for you, not what you desire or really need.
axe863 1 year ago
@axe863 Without the profit system, goods and services will be accessable by all via distribution centers. Thus,there will be no eliite, because no social class stratification. The goods and products will be produced by automation and AI.
For more detailed info search it. No price tag, no need to sell or horde...abundance.
blaziermissy 1 year ago
@blaziermissy LOL. You didn't answer my question at all. How can the "elite scientific class" allocate resources without any signals. Answer it or admit defeat. This is worse than the "benevolent dictator" condition in economics...at least he or she had signals to work with.
Youre answer is basically: From each according to his ability, to each according to his need. There will be no social class even though there are elite scientist allocators and the others. Insane levels of efficiency
axe863 1 year ago
@axe863 There will be NO elite, science class...no social hierarchy. There will be a centralized data base with inventory of resources, goods, etc...resources allocated upon need.
Research it..it's detailed...continued-
blaziermissy 1 year ago
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@blaziermissy "There will be a centralized data base with inventory of resources, goods, etc...resources allocated upon need"
lol. Again HOW WILL THE ELITE SCIENTISTS KNOW HOW TO ALLOCATE RESOURCES TO MEET INDIVIDUAL WANTS/NEEDS WITHOUT SIGNALS. Maybe if I write it in caps youll actually try to answer the question.
axe863 1 year ago
Oh so I can charge people for a superior service if people are willing to pay me for it under technocracy. If I am forbidden, there needs to be a power structure to forbid me from engaging in such things. They don't have to pay me in money albeit inefficient they can pay me in goods/services.
axe863 1 year ago
@blaziermissy Centralized ... lol.... have you not heard about dis-economies of scale. You would think some one like you would understand high school level economics
axe863 1 year ago
@axe863 I dont' think you realize economics isn't a science. It's based on a traditional folkway method...good for some time but it's time to think outside of this....to a system that works for the modern tech of this century.
blaziermissy 1 year ago
@blaziermissy Omg, Im done. I hope you get some help. Bye
axe863 1 year ago
@axe863 lol..epic lose when you resort to that.
blaziermissy 1 year ago
@blaziermissy What can I say to someone who is obviously deluded.
axe863 1 year ago
@axe863 get back to me when the economy crashes and you'll think deluded. That's our problem. You'd think it wouldn't take crisis and biosocial pressures for us to move forward to what is best for us as well as the planet.
blaziermissy 1 year ago
@blaziermissy Lol. The market is a complex adaptive system (endogenous evolution). Heavy tailed fluctuations are inherent in these systems.
axe863 1 year ago
@axe863 yeah the market is a complex system..you mean a well oiled system that has built in differential advantage. It's success is to be gauged by how it serves the PEOPLE/MASSES beneficially. If it were concerned with social progress and evolution, it'd be revamped to patch the allowances for corruption and monopoly. Sooner or later the system must be updated to present day knowledge especially in alignment with behavioral science.
blaziermissy 1 year ago
@blaziermissy WTF. I meant complex system in the mathematical sense
axe863 1 year ago
@axe863 Aren't you at least "williing" to look outside of our system? It's not like ours is actually working. Why can't we take what we've learned from all the "isms" and apply something that works? It's how all progress occurs...building upon old knowledge with the new knowledge. Hindsight..foresight..
blaziermissy 1 year ago
@blaziermissy Why should a CEO make as much money in one day than the average worker at a corporation make all year? Are you with me? It doesn't work. That's insane.
We've got to start being rational..
If the ultimate reward in a system (monopoly) destroys the system itself...Houston...you've got problems.
blaziermissy 1 year ago 2
@axe863 The market is monopolized...differential advantage. So it's not a "free market" by any means. And even if you could "magically" make it one..it wouldn't be long before it'd be monopolized again..because that's what it's designed around...competition. And when profit trumps HUMAN concern...which it does...you've got a break down of a system that was designed for "HUMANS" in the first place. It's not set in stone..we made it up...and we can update it to present day knowledge.
blaziermissy 1 year ago 4
@blaziermissy
Dude, your comments are awesome!
ChelevSaRa 1 year ago