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Three more dots that the author forgot.
1) If 75% of the workers have twice the output, then productivity has multiplied by 2.7, but real wages did not. So where did the wealth go? Well propping up the richest 1% of course. That begs the question for how long society will be able to afford the rich.
2) It was the very process of imperial dominance and exploiting poor countries that weakened the home economy. That's perfectly normal for empires and one of the major reasons why they crumble because the strong economy was the basis for military dominance in the first place. Also, getting people to accept self-printed green paper for "payment" obviously relies on that dominance.
3) Peak-oil on conventional oil is past, and the oil-fed world-wide party is drying up. Global growth is impossible now. Instead, recession after recession hits in to destroy oil demand. Every world-wide growth would quickly hit into that. Jobless people can't buy that many oil-embodying products after all. -
Well the article is old and the stats are not current. The most important part of the article is we get to decide. The government allows for that.
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@M1sf3t Why vote if you are fine with either of the presented choices, or with none of them?
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@M1sf3t NFC where that came from. I just don't think it is as dim as the article says.
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donuts236725y@Demolishun
Choice 1: Bad
Choice 2: Bad
Choice 3-X: Maybe good but most likely bad
And then after the run offs/primaries,
the only options are Bad, Bad
And the fact is nobody is running on actual solutions and most voters wouldn't want them because they would be a pain in the ***.
We'd rather vote for the ones that promise instant Ice cream... or tax cuts
But yes shouldn't talk about politics here.
My thoughts were more based on main idea the article was saying: that trying hard just doesn't make much of a difference now. -
@Demolishun If you're among the rather well-to-do, backed up by real skills, then things aren't looking bad. The problem at large that the article describes is that the circle of the well-to-do is shrinking regardless of skills. Also called "erosion of the middle class".
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donuts236725y@just8littleBit but what can I do to stop big companies from screwing up the planet?
You either need 51% of global opinion (ranked by net worth) or the political leaders of the most polluting nations to agree to do something now...
And clearly that hasn't worked for the last x decades.... -
donuts236725y@Fast-Nop skill doesn't cut it, it's who you know. And sometimes you just need to be lucky to know the right people.
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@billgates That's not meritocracy, but nepotism. The problem is that this undermines the conditions for success that brought the nice jobs that the nepotists are ursurping. It's sawing off the branch ALL are sitting on.
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@M1sf3t And let's not even mention that more often than not, all you actually can elect is faces, but you have no say about what these faces will do after elections. Also, different faces often will do the same things anyway, so why bother.
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vane110525yI survived couple of ends of world already in my life.
I’m sure I will survive couple of more. -
donuts236725y@351483773 well but then they probably already hoarded all the canned foods and water or built some new tech that only they can afford.
Until money becomes completely worthless, they still have an edge -
donuts236725y@351483773 @M1sf3t ownership don't exist if there's no rule of law or enforcement though. Gonna be like Afghanistan or Africa. Whoever can control the biggest army gets it all... So guess we're gonna go back in time.
Though I guess we already are.... The richest people control the world.
!Dev but reading this is just depressing along with the recent NATO news....
https://getpocket.com/explore/item/...
TLDR: the party is over, it long has been and unless your priveliged or old already, we're all screwed.
-Hard work != Success
-Climate change will end us all
Me extrapolating solutions:
-Restart the world again/wipe out civilization (sorta like Dr. Stone)
-Just don't give a fck, accept Extinction and not care about the future generations
rant