While it may be rational motive to seek to secure personal profit, it is actually totally irrational to pay a high price for something when the value of the the thing is based on irrationalities.
A tulip has no physical value other than as an ornament, can’t eat it, can’t smoke it, can’t use it to do work.
The only value a tulip held was its ability to increase in mercantile value through mass suggestion.
The rationale, that mass suggestion represents truth, is the very definition of irrationally.
It is what the market uses to convince people that they do not need to worry that the planet is warming, that natural resources and energy are depleting at accelerating rates.
If you didn’t consume, someone else would profit from your lack of consumption.
The main motivating factor of the stultocracy.
Money is debt,
created by government bonds,
and/or fractional reserve banking,
essentially the same thing.
since decoupling from the gold
Standard money is fiat
the value ascribed an indication
of the confidence of the market
in the medium of exchange
To goal being to siphon a proportion.
Due the ‘inventor’ of the investment opportunity.
Converting a substantial proportion of manufactured debt,
into personal worth.
Is to goal, for every good capitalist.
Even better, if you can.
Leverage the feel good factor,
associated with sustainability.
Seeming to mean,
use everything today before it runs out,
because of the collective investment in debt.
So, let us imagine there is energy,
outside of the system,
On a different mass or pressure gradient
Outside of space would be
the area that space has expanded into
The expansion of space would
Cause this system to push back
You are making your space out of my space
Even if in a different dimension
Like adolescent space pimples
The energy in the space being expanded into
Would find weaknesses in the bubble
The differential existential pressure
would burst at galactic size
If space is expanding into temporal dimensions
if a black hole is the energetic equivalent of a pressure gradient,
changing the energy of mass,
what is it changing in to?
You came to be
Meetings of meetings
The ubiquitous butterfly
Flaps it’s wing
Forms from me
Oh what wonder
You all digress
why is jobs and growth the goal of society would be a better question
jobs and growth lead to more growth, to greater GDP, for a more equal basis for which to consume.
Basically, if you have a job you can buy shit
is the shit you buy good for society, the environment,
If you are consuming the world at an unsustainble rate, how can this be good?
did you go from working 3 days a week to,
both parents full time
with the kiddies in day care,
Paying the cost of jobs and growth?
dont look to your politicians for answers
all they promise is more
jobs and growth
Evening, you are of course correct that the market, in itself, is simply an efficient medium by which to exchange, the work done by increasing entropy.
Money, the medium of exchange, is now digital, existing as a construct. So what will you tell your child when they ask where monies come from? Is it like the milk from the store, does money come from banks?
As the medium of exchange, every transaction phases through money. Money is work, an expression of the ability to do work. Work is energy. The entire capitalistic venture is built upon the ability to make a transaction to exchange energy.
The market however, does not judge the value of a thing, based on the amount of energy consumed. The value of the thing, is dependent on demand, the want for a thing, the expectation that a thing can gain you a profit. Therefore the actual exchange of money is not a pure exchange of energy.
So money, in a non-fiat world, becomes a representation of the willingness to pay for a thing that has consumed energy. It in no way represents the potential energy of the thing itself.
In such a way has bitcoin gained value, it consumes a prodigious amount of energy and yet has no physical potential to do work. Bitcoin is postmodern money in a false economy. Based on short term demand and the assumption that the energetic economy can continue infinitely within a finite world.
Not great is it
We are betting our entire future.
Pensionan oil funds,
on bargain hunts for capital growth
The numbers tell us,
we haven’t yet encountered
any energetic limits.
The market democracy
does not make (formal) plans,
for a liquid fuel supply deficit
And so it fails,
to plan for the future.
And so it fails.
Evening, you are of course correct that the market in itself is simply an efficient medium by which to exchange the work done by increasing entropy.
It would seem that the market democracy has already usurped actual democratic governance by enabling an unfair bias towards those that control the medium of exchange.
Those, the majority, without significant capital are already disenfranchised. Their instinct to revolt is only kept in check by debt, consumerism, an imagined trickle down effect and the lack of moral and ethically boundaries in a market system.
We can probably both agree that each of the seven, once deadly, sins are making strong surges in an effort to quieten this growing sense of unease with a system increasingly out of our control. Greed is good, gluttony is widespread, vanity – thy name is facebook.
The democractic ideal of an enlightened voting public, can never be achieved, as the public will never be enlightened. They will increasingly believe whatever makes them feel good, whatever promises them riches, whatever inspires the ego to hate.
This is the power of the market subsumed to a valueless tool to add to the wealth of a very few at the cost of an entire planet. As long as the very few own the medium of exchange, of ideas and of ideals, I cannot share your optimism for the market.
Perhaps Dante was simply writing about the human state when he penned ‘all hope abandon Ye who enter here’.
Numbers remain as they were invented
with no ulterior motive.
I know and I like them.
They do not post on Facebook
telling me life could be better.
Nor comment on my virtual friends
Numbers have nothing to sell
The result of ergo cogito sum
They tell us one truth