Here is my response to today's Krugman column, but remember that if you follow the link, then the NY Times counts it against you... That's another problem I've written about.
Good column, but Professor Krugman needs to go deeper than a hope "we can and should ensure that a decent life endures even when a job doesn't." There are some deep truths there, but he seems to be missing them, even though they are rooted in economics.
One side involves a fake problem: The need for more money by people who are already wealthy. It's a fake problem because there is NO solution. Extreme greed will NEVER be satiated, and there is always a bigger number representing more money that can be owned, even if the economy has been so strangled that there is nothing to spend the money on. Greed is not good; greed stupidly thinks the "problem" is other people having any money.
The other side involves time, and this is the part that is really annoying the super-greedy bastards. Their wealthy time is ultimately no different from the peasants' time. #PresidentTweety gets 24 hours a day just like you or me. Our time gets filled by living, whether we're rich or poor. (Perhaps that's the real reason the rich bastards hate the idea of universal healthcare?) We (and that certainly should include Professor Krugman) need to consider economics in terms of time, and especially in terms of filling each person's time with activities that actually contribute to the economy.
We've barely noticed high technology means essential production time can't fill our time, but our society needs to compensate with more investment and recreational time to balance things out. Ekronomics 101, eh?
Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts
Monday, April 17, 2017
Monday, January 13, 2014
All Your Attention is Belong to the Google
Version 0.2
All Your Attention is Belong to the Google
One place to start is with the various kinds of realities we live with. Some examples include mathematical realities (absolute within the bounds of the assumptions), scientific realities (supposedly based on solid evidence), religious realities (where faith trumps evidence), business realities (reduced to the bottom line), and political realities (such as the dysfunction in today's USA). However, the particular kind of reality that is bothering me just now is social reality, where a particular social reality is based upon what some group of people believe about their society. The underlying problem is that a social reality can be wrong, can be changed, or, worst of all, can be manipulated. Today's questionable social reality is that advertising can and even should be shoved in your face.
Plodder that I am, I want to start with an example of a thoroughly discredited social reality. Take the ancient social reality of slavery. I think nowadays we have a pretty solid consensus that human slavery was always wrong, but it still prevailed as a social reality for thousands of years. The exact forms of slavery changed over the millenniums, but the operative conventions were that the slaves were supposed to accept their status (and treatment as property akin to domesticated animals) and therefore work hard for their masters. The exact rationale for their enslavement varied, though racial inferiority was a pretty frequent theme. Sometimes it was defined by their lack of military prowess that allowed them to be conquered or their lack of belief in the proper religion (of the masters), but the important thing was that the social reality said the slaves were slaves and should remain slaves. (Going tangential again, but actually, it isn't clear to me that we've fully eliminated slavery, though we continue to change the branding. About 35 years ago I studied a major church in Houston where South African apartheid was defended as upholding the proper blessed and sacred hierarchy, with the 'niggers' on the bottom (though I'm reasonably sure the preacher didn't use the N-word himself). In the last few years we seem to be developing new forms of indebted servitude and effective wage slavery based on inescapable student-loan debts in an economic environment packed with minimum-wage jobs that can never repay those loans. Separately, there's also the aspect that governments always have a strong preference for citizens who obey the government without annoying questions.)
Anyway, back to the main theme of why I believe "All your attention is belong to the google" is such a bad thing. The discussion in question actually started from my belief that time-based economics makes more sense, as jovially summarized in "Couch Potatoes of the World, Unite!" I was rather surprised or even shocked by his frankness in response. Google just wants the most precious time of all, the time with our attention attached to it. That's the time when an ad is most likely to do the most "good" and result in a paid click for the google and a possible sale for the advertiser paying for the click.
Consider the ethical ramifications of "All your attention is belong to the google". My position is that your time is a vital and precious resource, and you want to maximize the value of it. For example, if you have children, then I think you want to give lots of your attention to your children, but now that means you are intruding on the google's rights to claim all of your attention for more advertising. Yes, I'm overextending his position, but my point is that this claim on my attention fails the most basic ethical test: No one would not want to live in a world where that principle was broadly applied to everyone all of the time. Unfortunately, that is where the google is heading, in a desperate search for new and innovative ways to intrude on our attention and divert our precious and limited time to responding to ads.
My response to that meeting was to conclude that the google has become a kind of Russian Pravda joke. I'm pretty sure things have changed since the Soviet Union went away, but it used to be that the skill of reading the newspaper in the Soviet Union involved projecting backwards from the actual news stories. For example, if there were several articles about airplane crashes in other countries, the sophisticated Soviet reader understood it to signify that there had been an airplane crash somewhere in the USSR.
From that perspective, "Don't be evil" probably represented an understanding that the google was fundamentally an evil enterprise from the git go, whereas my original hypothesis had been that the google only became evil after it reached a critical mass and was 'captured' by the American legal system. (This is actually a diversion, but here is my brief summary of business in America: Most businesspeople are fine and upstanding folks who just want to play the game by the rules. Unfortunately, the rules are encoded as laws written by the most cheaply bribed professional politicians working for the greediest and least ethical businessmen. As 'big' businessmen, they are profiting from and therefore pushing forward a cancer-like economic model that must end with the death of the host.)
In the subsequent email, he had apparently concluded that I was arguing the world is generally evil, whereas my focus is simply on making things better. To be clear, I don't think the world is evil or bad, but that the world is a pretty amazing place and getting better—but only on the long-term average, and none of us live on the long term. For example, I believe that good people generally have better lives, but any individual can have bad breaks, no matter how good. (There are many religious and philosophic books on the theme of why bad things happen to good people, but you should be glad I'm not going there today...) I would diverge farther into consideration of evolutionary versus deliberative progress, but instead I'll just recommend a couple of the relevant books: The Blind Watchmaker, one of the best treatments of evolution, and The Omnivore's Dilemma, which has a lot on related topics from the perspective of what we eat and how. (Or is this diversion just another aspect of my zen collapse?)
Not sure how to bring all the threads together, but I strongly believe that "All your attention is belong to the google" is a joke of the sickest sort. Feel free to react, and my apologies in advance for the moderation (but I will not support the spammers).
Labels:
economics,
freedom,
misrule of law,
political philosophy,
privacy abuse
Sunday, December 09, 2012
Loss of the Republic of Franklin
Version 0.5
Franklin's Republic Lost
Probably another apocryphal quote, but Benjamin Franklin was supposed to have been asked what the new American government was, and his answer is widely reported as "A republic, if you can keep it." Well, we just lost it. Not because President Obama won reelection, though that was a widespread lament of the right-wing authoritarians--but sometimes there is a grain of truth even in the rantings of nuts. There are plenty of extremists out there who are ready to be certified, but in this case they came close to a truth they couldn't see. The death knell of the American experiment with a representative republic was actually the victory of the incumbents in the House of Representatives.
Let me repeat that the crucial results in this election were NOT at the top in the presidential and Senatorial elections, but at the bottom, in the local elections for the House. In brief, most of the voters actually voted for Democratic Party candidates for the House of Representatives, and yet the result is that the Democratic Party only has about 45 percent of the members of the new House. The Congress went into this election with an approval rating around 10 percent, and yet roughly 90 percent of the incumbents were reelected to their positions.
Before considering the reasons, it's worth considering the rationale behind the design of the House of Representatives. The House was specifically designed to be highly responsive to the voting constituents. That's why their terms were set to only two years. The idea was that their accountability would make them responsible and for that reason they could be given the primary responsibility for controlling the purse strings.
On one level, the outcome represents the power of partisan gerrymandering, which is basically a triumph of the targeted investment of conservative money in lower-level elections, especially over the last few years. Entire States such as Wisconsin, Ohio, and Pennsylvania have had their Democratic voters packed into districts that essentially waste a large fraction of the Democratic votes. (My own district has been stretched 300 kilometers to flip away from the Democrats.) Meanwhile, the neo-GOP carefully distributes their own voters into statistically safe districts around 55% that maximize the number of districts they capture. At the presidential level, the Electoral College has the same effect of negating most voters as regards the presidency. (This pressure from big businessmen has been around for a long time, and it isn't the first time the GOP was trying to create a permanent majority. The major difference this time around involves the pro-money tilt of the Supreme Court, which certainly looks to be decisive as things stand now.)
There are several other factors that should be considered but mostly dismissed. One is the cooperation of the incumbents of both parties to insure their reelections. This is the only thing that both parties can agree on, but there is clearly a tipping point effect. It is quite clear that many states have passed the point where the Democratic Party has any influence on the redistricting process. Rather than cooperating with the more powerful politicians to make things smoother for everyone, they now target those opposition leaders quite deliberately. Another factor is the dominance of money, but correlation is NOT the same thing as causation. Yes, the candidate with more money usually wins, but the events are not independent, and it is more likely that the candidate who is most likely to win is going to have the easiest time collecting money. It's the motivation of the donations that matter. Some people donate as insurance, but the neo-GOP is now dominated by investors who expect specific returns in exchange for their donations. Let me reiterate that most businesspeople are fine and upstanding people who just want to play the game, but it is the LEAST ethical businessmen who make those investments in the most cheaply bribed politicians.
The next level is less obvious. The central idea of public elections is that the candidates are supposed to talk to the voters about the issues and their plans, and the so-called mainstream media is supposed to facilitate the political process by disseminating that information. However, what has actually happened is that the media coverage focuses on making the election look like an interesting horse race, and the serious, but difficult and even boring, discussions of the real issues get ignored.. The professional journalists are supposedly responsible to influence or even push the discussions so that the elections actually do involve substantial debates of the real issues facing the voters. What's wrong?
It's the money that drives the media to the horse races and away from the real issues. After this election, there has been some noise about how the neo-GOP wasted over a billion dollars in this election cycle, especially in the presidential race. Was that money wasted? Did it disappear? Absolutely not. The deeper story is where the money went. Most of it went to the media companies such as television stations that ran campaign ads, especially in the so-called swing states and hot districts. I read that the nonpublic SuperPACs sometimes had to pay 10 times the most favorable rates that the laws provide for the official public advertisements of the regular candidates. Talk about your windfall profits! It's also important to note that these profits were concentrated in only certain media markets. Not sure how large these profits were, but I am sure that the people who made them liked those profits and would be glad to get more in the next election.
So was the billion dollars wasted? If you got your beak wet, you wouldn't think so, would you? My new hypothesis is that the billion dollars wasn't wasted, but represents highly effective bribes invested in the mainstream media to insure they play the same games in the the next election. It's worth noting that negative money is less evidently less effective at the higher levels, both because the higher level candidates are stronger and because of the blow-back taint that sometimes affects such high-level candidates. In contrast, in the low-level elections, it's relatively easier to find and sling enough mud to control the results--and it pretty clearly worked for the House of Representatives quite well this time.
My final conclusion is that the presidential election was mostly just a distraction, the bright shiny object that kept the voters from actually looking at the real problems of the nation, including the problems in the election system itself. Yes, the presidential election mattered, and I think that Romney's performance as president would have been on the scale from harmful to terrible, but the real damage was being done elsewhere. The political system has been disrupted and destroyed in a way that makes a mockery of the intentions of the Founding Fathers.
Friday, July 06, 2012
There will be more change
Version 0.4
An open letter to Lloyd Doggett (and Dan Grant):
There was once a time when I felt that I was participating in America's
government and that my vote was just as good as the vote of any other
American. That was a long time ago, and you [Llyod Doggett] were my representative to Congress in those days.
There will be change.
One of the older changes was that my district was gerrymandered. I didn't change my mind or move or decide that you no longer represented my [basically moderate] ideas. The district was deliberately changed and mangled to make it into a "safe" neo-GOP district. Amusingly, I just read that they had to gerrymander it some more to defend the trivial political tool whose name I can't recall. That district should be the poster child for anti-democratic neo-GOP tactics. (In response to the gerrymandering, you moved, and two Democratic representatives were reduced to one, which was the entire point of the exercise.)
Today I decided to do some searches on the big Internet. I was looking for a recent video of Lloyd Doggett and President Obama speaking together. Couldn't find one.
I searched for my district and found that someone named Dan Grant will apparently be the Democratic candidate for my district. I looked for a video of "Dan Grant and Obama". Nothing.
I visited both of your websites. You both want my money. Sorry, but that's a silly request. I can't help you against Sheldon Adelson and Mitt Romney and the Kolk Brothers and Karl Rove and a few of their extremely rich friends. For each dollar I would strain to give you, Sheldon Adelson can easily give a million.
The ONLY way my money donated to you could possibly matter is if there is a massive multiplier to make things more fair. Looking at the recent results in Wi$con$in and California (Proposition 29), that would take some convincing. You don't need to fool all of the people all of the time. You just need to fool about 20% of the voters on Election Day.
Here's a campaign suggestion. If I do that kind of search, I should get some videos. Show me President Obama endorsing the candidate and telling me that it's up to me--to ME personally--whether or not that candidate has a chance. It's up to ME whether democracy has a chance in America against the corporate money. I don't think Obama should go into the nitty-gritty local issues, but rather focus on corporate personhood. I actually think President Obama should endorse a simple Constitutional Amendment saying that human rights have priority OVER corporate rights, and I believe that ANY candidate I would support should agree to that position. (Of course, I think that the neo-GOP candidates would be lying about their agreement to negate the issue.)
Let's imagine that President Obama can flip a few districts from "safe neo-GOP incumbent" to "probable Democratic challenger". Here are my predictions for what would happen:
(1) Karl Rove and his friends would pour a FLOOD of black money into those districts, but it would be relatively visible (because of the concentration) and it would have a HUGE multiplier effect (since there would be almost no Democratic campaign money involved).
(2) Mill Romney would be obliged to respond by leaping to the defense, and most of the people he would be forced to defend and link himself to are extremist morons.
Here are some more changes America desperately needs: Joe Walsh, Allen West, Peter King, and a bunch of other rightwing lunatic neo-GOP politicians.
Some of those madmen should be black holes. They are SUCH bad candidates that NO amount of money will save them, but by making them prominent national figures and exploiting their irrational hatred of President Obama, the neo-GOP is liable to pour a LOT of money into those black holes before they figure that out. When they give up on those districts after accepting the challenge, they will be LOSERS in the most public and humiliating way possible--plus they will have that much less money to spend elsewhere.
Oh yeah. The neo-GOP thing. Today's so-called Republican Party is NOT the progressive and liberal party created by Abraham Lincoln. It is NOT the GOP of such leaders as Teddy Roosevelt and General "Ike" Eisenhower. The neocons were NOT conservative, and today's neo-GOP is even farther from their Republican so-called roots.
I want to rant on about political philosophy and flagrant liars in American politics, but let me try to reduce it to a simple theme. Most businesspeople are good folks, but the WORST businessmen are legally bribing the CHEAPEST professional politicians to write the WORST possible laws. At this point the rules of the game of American business require your company to become an evil cancer just to survive--and now, thanks to Citizens United, I think the corporations are calling the shots. The experiment in democracy in America was a glorious one, but I think it's over. Please prove me wrong.
A narrow victory of President Obama that retains an obstructionist Congress will NOT lead to change. We have seen that over the last years. The only hope for America is if the neo-GOP Congress is CRUSHED in November. Time to go on the offensive.
--
Freedom. It's about meaningful and unconstrained choice, not beer.
Labels:
2012,
economics,
elections,
freedom,
political philosophy
Tuesday, August 09, 2011
The power of super-ignorance to destroy the economy
Version 0.3
Super-ignorance is one of several categories of information dysfunction that are helping to destroy America. This is a new condition that is greatly facilitated by the morally neutral tools of the Internet.
The basic idea is that people tend to believe what they want to believe, but the Internet makes it MUCH easier to do so. Everyone has a limited amount of time, but with the Internet search engines it is easy to saturate that time with so-called evidence of any crazy thing and thus completely avoid the much larger rational parts of the universe. Some years ago I anticipated this problem as 'pandering by the search engines', though now it is actively marketed as 'personalization and customization of the search results'. Basically the same thing, but I regard pandering as the dark side of the coin.
As it's working in America, this has become a key part of the political dysfunction that led to the recent manufactured crisis over the federal debt limit. It doesn't matter whether you favor democratic or republican forms of government, one essential for all such non-dictatorial forms of government is rational discussion of the problems of the real world before considering rational solutions. That is obviously NOT what happened over the last few months. It isn't a house divided against itself, but more like a house where certain rooms are in alternative universes, and never the twain shall meet.
At least two other information dysfunctions are of concern, both augmented by the Internet. One is just awareness by the impoverished of the way rich Americans live, causing them to see us as living high on the hog as a result of grinding their faces in the mud. The other is the malicious identification of borderline crazies to be pushed over the edge. Maybe the recent Norwegian madman or some of the American shooters were pushed?
The Power of Super-Ignorance to Destroy the Economy
Super-ignorance is one of several categories of information dysfunction that are helping to destroy America. This is a new condition that is greatly facilitated by the morally neutral tools of the Internet.
The basic idea is that people tend to believe what they want to believe, but the Internet makes it MUCH easier to do so. Everyone has a limited amount of time, but with the Internet search engines it is easy to saturate that time with so-called evidence of any crazy thing and thus completely avoid the much larger rational parts of the universe. Some years ago I anticipated this problem as 'pandering by the search engines', though now it is actively marketed as 'personalization and customization of the search results'. Basically the same thing, but I regard pandering as the dark side of the coin.
As it's working in America, this has become a key part of the political dysfunction that led to the recent manufactured crisis over the federal debt limit. It doesn't matter whether you favor democratic or republican forms of government, one essential for all such non-dictatorial forms of government is rational discussion of the problems of the real world before considering rational solutions. That is obviously NOT what happened over the last few months. It isn't a house divided against itself, but more like a house where certain rooms are in alternative universes, and never the twain shall meet.
At least two other information dysfunctions are of concern, both augmented by the Internet. One is just awareness by the impoverished of the way rich Americans live, causing them to see us as living high on the hog as a result of grinding their faces in the mud. The other is the malicious identification of borderline crazies to be pushed over the edge. Maybe the recent Norwegian madman or some of the American shooters were pushed?
Saturday, January 29, 2011
Anti-neighborly Americans
Version 0.2
This is actually a combined reaction to some news and reading. The news was the recent spate of shootings in America. All of them involved the police at some point, but I was most impressed by the ones that started out with shooting at police. In particular, I was struck by the case of the armed lunatic who apparently walked into police station and managed to shoot four policemen (actually starting with a policewoman) before going out in a blaze of non-glory.
The reading was another passage from Little House on the Prairie. Though I've read a lot of related books, I've never actually read this one (at least since I started keeping records in 1971). It actually comes up in my Japanese study, so I'm only getting it second hand through the translation. However, the thing that struck me about it was not so much the independent streak as the dislike of neighbors and the selfishness. Probably some contribution from The Selfish Gene, too, but I plan to write more about that in my book review blog...
What it made me realize is that many people came to America for bad reasons. Yes, many of them had positive reasons like ambitions and dreams and a love of freedom as they imagined it existed in America, but many of them had bad reasons like disliking their neighbors and relatives or selfishness and greed. As it applied during the period of rapid growth in America, it meant that there were many small and rapidly growing families spreading across the country--families of people who basically didn't like the neighbors wherever they came from.
It drove a lot of expansion across America, killed a lot of Native Americans, and produced a lot of new Americans, but now there's no place for them to go. Too bad they still hate their neighbors, eh?
So they go nuts and shoot people or various other craziness. Now I'm reminded of the guy who flew his plane into the IRS building in Austin about a year ago...
This is actually a combined reaction to some news and reading. The news was the recent spate of shootings in America. All of them involved the police at some point, but I was most impressed by the ones that started out with shooting at police. In particular, I was struck by the case of the armed lunatic who apparently walked into police station and managed to shoot four policemen (actually starting with a policewoman) before going out in a blaze of non-glory.
The reading was another passage from Little House on the Prairie. Though I've read a lot of related books, I've never actually read this one (at least since I started keeping records in 1971). It actually comes up in my Japanese study, so I'm only getting it second hand through the translation. However, the thing that struck me about it was not so much the independent streak as the dislike of neighbors and the selfishness. Probably some contribution from The Selfish Gene, too, but I plan to write more about that in my book review blog...
What it made me realize is that many people came to America for bad reasons. Yes, many of them had positive reasons like ambitions and dreams and a love of freedom as they imagined it existed in America, but many of them had bad reasons like disliking their neighbors and relatives or selfishness and greed. As it applied during the period of rapid growth in America, it meant that there were many small and rapidly growing families spreading across the country--families of people who basically didn't like the neighbors wherever they came from.
It drove a lot of expansion across America, killed a lot of Native Americans, and produced a lot of new Americans, but now there's no place for them to go. Too bad they still hate their neighbors, eh?
So they go nuts and shoot people or various other craziness. Now I'm reminded of the guy who flew his plane into the IRS building in Austin about a year ago...
Tuesday, January 18, 2011
Money is infrastructure
Version 0.2
Money is infrastructure. Early forms of money were basically accidental, in the same way early roads were basically accidental. The first roads were just the worn paths where many people had gone before. The original forms of money were just things that seemed valuable to people for various reasons. Later the standard units of money were defined by governments as coins. Greater convenience, but they already had to introduce laws against shaving coins, debasing them, or counterfeiting them.
Modern money is advanced infrastructure, basically made up out of whole cloth. The value of a pretty little scrap of paper is essentially zero, but our governments legally define a much higher value and actively work to protect it. Just one of many infrastructure-related services the government provides as part of our advanced civilization.
Wanting to have lots of money without paying taxes is like wanting to have all the benefits of civilization without paying for them. The proximate cause for noticing this is actually WikiLeaks, which apparently just received a list of prominent tax evaders who are hiding their money in Swiss banks.
The reality is that we need infrastructure. Try to imagine the situation if every road was a privately owned toll road that forced you to pay your share every time you used it. Each time you entered the stretch controlled by someone else, you'd have to stop and pay the toll. Without government to organize freeways, every trip would be incredibly inefficient and troublesome. Actually, that's kind of what they have now in Afghanistan, but that proves my point about civilization.
Another example is that everyone benefits from education--but it's quite difficult to see the direct linkages. Lots of selfish and short-sighted really people hate the idea of helping to pay for other people's education. It's not just that the benefits are years down the road. In many cases they are ignorant fools who don't even appreciate what little education they received.
This is under the America's fall because the anti-government anti-paper-money rants seem to be pretty clearly concentrated in America. They are part of the problem, NOT part of the solution.
These days America seems to be an almost boiling pot just under the insanity point. Last week in Arizona, the pot boiled over again, and we had yet another mass shooting.
Money is infrastructure. Early forms of money were basically accidental, in the same way early roads were basically accidental. The first roads were just the worn paths where many people had gone before. The original forms of money were just things that seemed valuable to people for various reasons. Later the standard units of money were defined by governments as coins. Greater convenience, but they already had to introduce laws against shaving coins, debasing them, or counterfeiting them.
Modern money is advanced infrastructure, basically made up out of whole cloth. The value of a pretty little scrap of paper is essentially zero, but our governments legally define a much higher value and actively work to protect it. Just one of many infrastructure-related services the government provides as part of our advanced civilization.
Wanting to have lots of money without paying taxes is like wanting to have all the benefits of civilization without paying for them. The proximate cause for noticing this is actually WikiLeaks, which apparently just received a list of prominent tax evaders who are hiding their money in Swiss banks.
The reality is that we need infrastructure. Try to imagine the situation if every road was a privately owned toll road that forced you to pay your share every time you used it. Each time you entered the stretch controlled by someone else, you'd have to stop and pay the toll. Without government to organize freeways, every trip would be incredibly inefficient and troublesome. Actually, that's kind of what they have now in Afghanistan, but that proves my point about civilization.
Another example is that everyone benefits from education--but it's quite difficult to see the direct linkages. Lots of selfish and short-sighted really people hate the idea of helping to pay for other people's education. It's not just that the benefits are years down the road. In many cases they are ignorant fools who don't even appreciate what little education they received.
This is under the America's fall because the anti-government anti-paper-money rants seem to be pretty clearly concentrated in America. They are part of the problem, NOT part of the solution.
These days America seems to be an almost boiling pot just under the insanity point. Last week in Arizona, the pot boiled over again, and we had yet another mass shooting.
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- shanen
- As a blogger from before there were blogs, I've concluded what I write is of little interest to the reading public. My current approach is to treat these blogs as notes, with the maturity indicated by the version number. If reader comments show interest, I will probably add some flesh to the skeletons...