Category Archives: economics

Who should be held responsible for global poverty?

Who should be held responsible for global poverty? [ 26/Jan/21 ] Why would you think that anyone should be “held responsible”? Isn’t that a rather hubristic notion? Isn’t it much more likely that it is the ignorance of each and … Continue reading

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Lifeboat discussion on The Biggest Threats To Human Existence

[ 26/Jan/21 Facebook – Lifeboat Foundation] The list given of “The Biggest Threats To Human Existence” seems to me to be a very strange mix of categories. Nuclear war Bioengineered pandemic Artificial Intelligence Nanotechnology Extraterrestial Super volcanoes Food supply Weather … Continue reading

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Quora – why are all goods and services scarce

Why are all good and services scarce? [ 23/11/20 ] They are not. There is not a scarcity of oxygen. It is arguably the most important of all commodities, and it is present in abundance, and because of that abundance, … Continue reading

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Quora – Why is capitalism good for the environment?

Why is capitalism good for the environment? [ 29/10/20 ] Why would you think that it is? Isn’t the evidence sufficiently clear that capitalism, left to its own internal set of incentive structures, is self terminating. We are the most … Continue reading

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Quora – The fundamental economic problem is scarcity. Why?

The fundamental economic problem is scarcity. Why? [ 24/8/20 ] What definition are you using of economic? Is it one that focuses on the management of the “household” of planet earth, or one that concentrates purely on market values. Scarcity … Continue reading

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Quora – Can everyone agree, it is the super rich versus everyone else?

Can everyone agree, it is the super rich versus everyone else? [ 18/8/20 ] No. It is cooperate or perish. We either wake up to the mathematical and logical reality that all new levels of complexity require new levels of … Continue reading

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Wendy made a Facebook post about the economy and Covid-19

Wendy made a Facebook post about the economy and Covid-19 [ 15/8/20 ] Quite a few things written here that are not accurate. Many people knew decades ago what needs to be done to control pandemic – isolation. Isolation to … Continue reading

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Facebook – Effective Altruism group discussion of UBI

Facebook – Effective Altruism group discussion of UBI Kaya Diguistini 12 Aug 2:09am [ 12/8/20 ] I do not see UBI as any sort of final stable state, and it does seem to very probably be a necessary part of … Continue reading

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Quora – Will global warming, automation, wealth inequality, in the future lead to a dystopian Authoritarian populist Eco-fascism/eco-socialism and or even societal collapse or will it all instead lead to a sustainable post-growth, Post -capitalist world?

Will global warming, automation, wealth inequality, in the future lead to a dystopian Authoritarian populist Eco-fascism/eco-socialism and or even societal collapse or will it all instead lead to a sustainable post-growth, Post -capitalist world? [ 1/8/20 ] In so far … Continue reading

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Quora – Will we, as a society, ever recover from COVID? Or will our society fundamentally change?

Will we, as a society, ever recover from COVID? Or will our society fundamentally change? [ 30/7/20 ] Here’s hoping it both recovers and changes. There is far too much in today’s society that poses existential level risk. We need … Continue reading

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