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Let's think about what it means to "make money". The phrase itself is already misleading because no one can make money, money is "made" by the central banks by
by climatologist 3y ago
Let's think about what it means to "make money". The phrase itself is already misleading because no one can make money, money is "made" by the central banks by changing some numbers in mainframe databases. These mainframes are connected to some local distribution banks like credit unions which then enable economic activity by business loans and other kinds of "investments", e.g. local government services like street cleaning, trash pickup, churches, schools, electricity, sewage, &etc. On top of this you have peripheral financial engineering like PayPal and credit cards.
At least that's the gist of it anyway. So no one can actually "make money" but what they can do is figure out how to tap into the flow of economic services that will get them indirect access to some of the numbers in the database managed by the central banks. At this point there are one of two things you can do which is either do something that enables governments to manage their populations by moving people around and keeping them clothed, housed, and fed (essential services) or you can provide non-essential services like keeping people entertained when they're not working and informing them of what's happening in the world at large, e.g. podcasts and newsletters. The problem is the following, there is no way to get rich from doing any of this because all of these things are saturated with enough people such that the overall money pie is already split between them pretty evenly so none of them are going to end up rich in any meaningful sense. This means the only way to truly get rich is to operate on a scale that no one has thought of before, e.g. Microsoft, Google, OpenAI, Amazon, Salesforce, SpaceX, Dell, Nvidia, AMD, Arm, Raytheon, Saudi Aramco, &etc.
Most of the time people are just fighting over scraps and the best they can hope for is some steady source of income that pays their rent and affords them some basic luxuries like visiting Las Vegas and watching a few acrobatic shows.
The people that are truly rich like Klaus Schwab operate in an entirely different world. Similarly for the executives at big pharma and big tech.
I'd say the game is inherently unfair but it still doesn't prevent people from playing it to the detriment of all the players involved.
- cvoss 3y ago> Most of the time people are just fighting over scraps and the best they can hope for is some steady source of income that pays their rent and affords them some basic luxuries like visiting Las Vegas and watching a few acrobatic shows. I'm sorry to react so strongly, but I think it's demeaning to suggest that the life condition you described is one of "fighting over scraps". It's also... (I'm struggling to find the right words) really entitled in a materialistic way to suggest (correct me if this is not what you suggest) that it's unfair that almost nobody can move from the average station to the station of uber-wealthy. Who is owed the life of opulence? And who owes it to them? And how many people actually aspire to this extreme wealth, vs. recognize that there is a heck of a lot more meaningful things to do with life than make money?
- climatologist 3y agoWhich part do you disagree with? Money is a way to control the masses and it has always been used that way. The technology currently exists to do away with all wealth disparities and achieve a true meritocracy wherein individual talents are developed to benefit everyone collectively but most people can not conceive of what such a world would look like so they chase money and end up miserable. In the grand scheme of things money is entirely meaningless, it's a bunch of numbers in databases.
- badpun 3y ago> The technology currently exists to do away with all wealth disparities and achieve a true meritocracy Can you name that technology?
- climatologist 3y agoGive every child a library and see what happens. It could be electronic or otherwise.
- hker999 3y agoThey play games and watch mindless YouTube videos. This isn't a very good argument.
- climatologist 3y agoI didn't say give them internet access. The internet is already too far gone down the drain to be salvaged.
- badpun 3y agoAren't there libraries everywhere already (in developed world at least)?
- climatologist 3y ago
- moneywoes 3y agoIn that case what do you suggest, do we ( i.e. the less fortunate not gifted these networks and connections) just give up?
- climatologist 3y agoThat's entirely up to you. I'm just explaining how the system works. Once you realize how the whole thing is engineered the rat race starts to look like insanity.