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James Lovelock described what humans do as a system of producing an enormous amount of garbage to create artifacts (many of which are ultimately garbage too.)
by AJ007 11y ago
James Lovelock described what humans do as a system of producing an enormous amount of garbage to create artifacts (many of which are ultimately garbage too.)
There is a lot of applause given to fiat currencies, but when prices are continuously appreciating it becomes extremely difficult to determine if the underlying factors are from sustainable demand (as opposed to software and information tech where we have strong deflationary pressure.) You can borrow money, and you just need to earn enough to cover the debt. You can also just borrow more.
- dredmorbius 11y agoThe creating-crap thing, I suspect, intersects with issues over equality and minimum income. There are people who, quite literally, would do more good to the world not working than working. Especially those producing products or services which are net negative. I started noting this with the growth in products that seemed aimed entirely being disposable, and retailer's view of them only as vehicles for moving dollars: retail exists less to move goods than to move money through the economy. Work of many sorts exists as much as a workfactor activity for reallocating wealth. Other fair means of allocating both productive activity and income could avoid much of this.