03 OCT 2013 by ideonexus
A Positive Spin on Automation
Our labor world and all salaried workers, including school teachers
and college professors, are now, at least subconsciously if not
consciously, afraid that automation will take away their jobs. They
are afraid they won't be able to do what is called "earning a living,"
which is short for earning the right to live. This term implies that
normally we are supposed to die prematurely and that it is
abnormal to be able to earn a living. It is paradoxical that only the
abnormal or exceptional are ... 1 
notes
notesBuckminster believes in automation because it will create more freetime and allow more adaptive behaviors in human beings, but he fails to take into account capitalist society where livings must be earned.
03 OCT 2013 by ideonexus
A Logical Process to Understand True Wealth
I have tried out the following intellectual filtering procedure with
both multi-thousand general public audiences and with audiences
of only a hundred or so advanced scholars and have never
experienced disagreement with my progression of residual
conclusions. I proceed as follows: I am going to make a series of
analytical statements to you, and if anyone disagrees with me on
any statement we will discard that statement. Only those of all my
statements which remain 100 per cent unprotected wil... 1 notes
notesIt is not the artificial concept of wealth we have invented, but the resources we use to combat the forces of entropy and survive.
24 MAY 2013 by ideonexus
Information Aggregation as Oppression
More and more ordinary people are thrust into a winner-take-all economy. It is a 21st century reprise of the Horatio Alger stories from the 19th century. A token few will find success on Kickstarter or YouTube, while overall wealth is ever more concentrated and social mobility rots. Social media sharers can make all the noise they want, but they forfeit the real wealth and clout needed to be politically powerful. Real wealth and clout instead concentrate ever more on the shrinking island occ... 1 notes
notesProvocative idea from Lanier that by contributing to social networking sites and financial aggregates we are enslaving ourselves for other's gain.
17 MAR 2013 by ideonexus
The Origin of Interest
The international trading became the most profitable of all enterprises, and great land-"owners" with clear-cut king's "deeds" to their land went often to international gold moneylenders. The great land barons underwrote the building of enterprisers' ships with their cattle or other real wealth, the regenerative products of their lands, turned over to the lender as cccollateral.
If the ship did come back, both the enterpriser and the bankers realized a great gain. The successful ship ventur... 1 notes
notesFrom when bankers would hold cattle as collateral, and the cattle had calves. The calves were the interest.
