Friday, October 23, 2020

Everything We Assume Is Permanent Is Actually Fragile

Masking the rot and fragility is not the same thing as strength or permanence.

The great irony of the past 75 years of expanding consumption is the belief that all these decades of success prove the system is rock-solid and future success is thus guaranteed. The irony lies in the systemic fragility that's built into the large-scale industrial production that generates endless surpluses of energy, food, fresh water, etc. and the global financial system that delivers endless surpluses of capital and credit to be distributed by public authorities and private owners of capital.

The key driver of increasing efficiencies has been scaling up production by concentrating ownership and capacity into a few quasi-monopolies/cartels. In industry after industry, where there were once dozens of companies, there are now only a handful of behemoths with outsized market and political power which they wield to retain their dominance.

For example, where there were dozens of large regional banks in the U.S. not that long ago, relentless consolidation has led to a handful of supergiant too big to fail banks which can take extraordinary risks (and undertake criminal skims) knowing that the federal government will always bail them out and leave the banks' corporate criminals untouched.

Two of these too big to fail banks recently paid fines in the billions of dollars, yet no one went to prison or even faced criminal charges. This highlights the systemic problem with concentrating capital and power in the hands of the few: too big to fail means corporate wrongdoers have a permanent get out of jail free card while the small-fry white-collar criminal will get a fiver (five-year prison sentence) for skimming a tiny fraction of the billions routinely pillaged by the too big to fail banks.

The net result is a two-tier judicial / law enforcement system: the too big to fail "essential" companies get a free hand and the citizenry get whatever "justice" they can afford, i.e. very little.

This concentration of wealth and power in the hands of a few corporations is of course state-cartel socialism in which the public good has become subservient to the profits of corporate owners and insiders, and the skims paid to the state's insiders. The state enables and enforces this concentration of private wealth and power in a number of ways: regulatory capture, the polite bribery of lobbying, the revolving door between government and private industry, and so on.

The public good would best be served by competition and transparent markets and regulations, but these are precisely what's been eliminated by relentless consolidation and the paring down of the economic ecosystem to a handful of too big to fail nodes which work tirelessly to eliminate competition, transparency and meaningful public oversight.

This ruthless pursuit of efficiencies and profits has stripped the economy of redundancies and buffers. Production supply chains have been engineered to function in a narrow envelope of quality, quantity and time. Any disruption quickly leads to shortages, something that became visible when meatpacking plants were closed in the pandemic.

Supply chains are long and fragile, but this fragility is not visible as long as everything stays within the narrow envelope that's been optimized. Once the envelope is broken, the supply chain breaks down. Since redundancies and buffers have been stripped away, there are no alternatives available. Shortages mount and the entire system starts breaking down.

Quality has been stripped out as well. When markets become captive to cartels and monopolies, customers have to take what's available: if it's poor quality goods and services, tough luck, pal, there are no alternatives. There are only one or two service providers, healthcare insurers, etc., and they all provide the same minimal level of quality and service.

The moral rot in our social, political and economic orders is another source of hidden fragility. I'm constantly told by readers that corruption has been around forever, so therefore nothing has changed, but these readers are indulging in magical nostalgia: things have changed profoundly, and for the worse, as the moral rot has seeped into every nook and cranny of American life, from the top down.

There is no "public good," there is only a rapacious, obsessive self-interest that claims the mantle of "public good" as a key mechanism of the con.

As I discussed in Everything is Staged, everyone and everything in America is now nothing more than a means to a self-interested end, and so the the entirety of American life is nothing but 100% marketing of various cons designed to enrich the few at the expense of the many.

That America was a better place without endless marketing of Big Pharma meds and colleges hyping their insanely costly "product" (a worthless diploma) has been largely forgotten by those indulging in magical nostalgia.

What few seem to realize is all the supposedly rock-solid permanent foundations of life are nothing more than fragile social constructs based on trust and legitimacy. Once trust and legitimacy have been lost, these constructs melt into the sands of time.

A great many things we take for granted are fragile constructs that could unravel with surprising speed: law enforcement, the courts, elections, the value of our currency-- these are all social constructs. Once legitimacy is lost, people abandon these constructs and they melt away.

It's clear to anyone who isn't indulging in magical nostalgia that trust in institutions is in a steep decline as the legitimacy of these institutions, public and private, have been eroded by incompetence, corruption, dysfunction and the rapacious self-interest of insiders.

What we've gotten very good at is masking the rot and fragility. Masking the rot and fragility is not the same thing as strength or permanence. The nation is about to discover the difference in the years ahead.



My new book is available! A Hacker's Teleology: Sharing the Wealth of Our Shrinking Planet 20% and 15% discounts (Kindle $7, print $17)

Read excerpts of the book for free (PDF).

The Story Behind the Book and the Introduction.



Recent Podcasts:

AxisofEasy Salon #27: Will the Network State be capable of acting in the public good? (1 hr)

FRA Roundtable: Richard and I discuss Inflation (37 min)

Obsoleted Engineered Economic Relapse (with Chuck Ochelli, 1 hr)

What Could Go Wrong? (43 minutes, with Gordon Long)


My COVID-19 Pandemic Posts


My recent books:

A Hacker's Teleology: Sharing the Wealth of Our Shrinking Planet (Kindle $8.95, print $20, audiobook coming soon) Read the first section for free (PDF).

Will You Be Richer or Poorer?: Profit, Power, and AI in a Traumatized World
(Kindle $5, print $10, audiobook) Read the first section for free (PDF).

Pathfinding our Destiny: Preventing the Final Fall of Our Democratic Republic ($5 (Kindle), $10 (print), ( audiobook): Read the first section for free (PDF).

The Adventures of the Consulting Philosopher: The Disappearance of Drake $1.29 (Kindle), $8.95 (print); read the first chapters for free (PDF)

Money and Work Unchained $6.95 (Kindle), $15 (print) Read the first section for free (PDF).



If you found value in this content, please join me in seeking solutions by becoming a $1/month patron of my work via patreon.com.




NOTE: Contributions/subscriptions are acknowledged in the order received. Your name and email remain confidential and will not be given to any other individual, company or agency.

Thank you, Mike T. ($50), for your marvelously generous contribution to this site -- I am greatly honored by your support and readership.   Thank you, Matthew D. ($5/month), for your magnificently generous subscription to this site -- I am greatly honored by your support and readership.

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Wednesday, October 21, 2020

Everything is Staged

All the staging is a means to an end, and everyone in America is nothing more than a means to an end: close the sale so the few can continue exploiting the many.

You know how realtors stage a house to increase its marketability: first, they remove all evidence that people actually live there. (Of course a vacant house is ideal for staging because there's none of the messy real-life stuff to deal with.)

All the clutter of everyday life must be moved elsewhere so the house can look like a bloodless furniture showroom. In other words, fake.

Then various tricks /cues are employed to activate the sense of "home": induce the "smell of fresh bread" in the kitchen, adorn rooms with vases of fresh flowers, and have a few fake "family" photos set on bookshelves.

We all understand homes for sale are staged for marketing, as are showrooms and any other space devoted to selling. The raison d'etre of the space is to close the sale, so exacting care is given to every signal, cue and nuance.

(It doesn't always work as intended. Apple Stores make me want to run screaming from the sci-fi white prison workshop to blessed freedom.)

The problem is everything in America is now staged with an eye on selling you something. Maybe it's just selling your attention to an advertiser or data-mining outfit. Maybe it's selling an ersatz slogan like "we're all in this together" to placate the herd being led to slaughter.

Maybe it's phony membership in a movement that masks the few taking advantage of the many with a bogus ideological rallying cry. Maybe it's a so-called "panel of experts" offering up soothing assurances that this highly addictive opioid is incredibly profitable-- oops, did I say that? I meant "safe." It's incredibly safe.

And so on. Since everything is staged, nothing is remotely credible. The 70-year old performer's deep-red hair (with a small splash of gray to make the charade "believable"): fake.

The Stepford automatons lining the stage? Replicas of a carefully coiffed "reality."

The entire financial system--nothing but an elaborate simulacrum of a real-world financial system.

"Democracy": --nothing but an elaborate simulacrum of a real-world republic.

"Fake" is now itself fake as the meta-marketers seek to undermine the concept of fake to sell the idea that what we recognize as fake is actually real: we're told that it's the real thing that's been hidden from view that's fake. The photo on the shelf of the fake family is real, we're told; what's fake is the actual real photo of the messy real-world family who actually lives here.

Given that everything is staged, trust has been completely destroyed. To trust anything being presented as a means to an end--i.e. a con, a scam, a sales pitch, a fake scent of fresh bread, etc.--is to be a chump.

The legitimacy of everything that's being staged has been irrevocably lost. Nobody tells the plain truth any more because telling the truth is straying off-message. Staying on-message is the Prime Directive in America. Stray from the message and the truth might leak out, and then we're all doomed because we can't close the sale.

There's no escape from this dependency on staging and staying on-message. The only hope of a return to the real world is the collapse of the entire fake, staged status quo, the collapse of every institution, every media outlet, every social-media platform, every single manifestation of marketing, cons, scams, pitches, gamed statistics, and all the frantic assurances that fake is real and real is fake because your belief in the fraud is the key to closing the sale.

All the staging is a means to an end, and everyone in America is nothing more than a means to an end: close the sale so the few can continue exploiting the many. If you can't stay on-message, you're gone--no wealth or security for you, bucko.

Staging is no substitute for reality. The frauds, cons and scams are failing to keep the simulacrum world glued together because no matter how expert the marketing and how great the desire to close the sale so the few can continue exploiting the many, reality intrudes right when the deal's about to close and the whole absurd contraption collapses in a heap.



My new book is available! A Hacker's Teleology: Sharing the Wealth of Our Shrinking Planet 20% and 15% discounts (Kindle $7, print $17)

Read excerpts of the book for free (PDF).

The Story Behind the Book and the Introduction.



Recent Podcasts:

AxisOfEasy Salon #26: Ben Hunt vs The Industrially Necessary Narratives (1 hr)

FRA Roundtable: Richard and I discuss Inflation (37 min)

Obsoleted Engineered Economic Relapse (with Chuck Ochelli, 1 hr)

What Could Go Wrong? (43 minutes, with Gordon Long)


My COVID-19 Pandemic Posts


My recent books:

A Hacker's Teleology: Sharing the Wealth of Our Shrinking Planet (Kindle $8.95, print $20, audiobook coming soon) Read the first section for free (PDF).

Will You Be Richer or Poorer?: Profit, Power, and AI in a Traumatized World
(Kindle $5, print $10, audiobook) Read the first section for free (PDF).

Pathfinding our Destiny: Preventing the Final Fall of Our Democratic Republic ($5 (Kindle), $10 (print), ( audiobook): Read the first section for free (PDF).

The Adventures of the Consulting Philosopher: The Disappearance of Drake $1.29 (Kindle), $8.95 (print); read the first chapters for free (PDF)

Money and Work Unchained $6.95 (Kindle), $15 (print) Read the first section for free (PDF).



If you found value in this content, please join me in seeking solutions by becoming a $1/month patron of my work via patreon.com.




NOTE: Contributions/subscriptions are acknowledged in the order received. Your name and email remain confidential and will not be given to any other individual, company or agency.

Thank you, Ezekial J. ($50), for your marvelously generous contribution to this site -- I am greatly honored by your support and readership.

 

Thank you, Dan O. ($5/month), for your most generous subscription to this site -- I am greatly honored by your support and readership.

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Tuesday, October 20, 2020

The New Tyranny Few Even Recognize

Clearly, the Fed reckons the public is foolish enough to believe the Fed's money will actually be "free."

It's pretty much universally recognized that authorities use crises to impose "emergency powers" that become permanent. This erosion of civil and economic liberties is always sold as "necessary for your own good." Of course the accretion of ever greater power in the hands of the few is for our own good. How could it be otherwise? (Irony off)

In this environment of "emergency powers", it's almost refreshing to find a power grab so blatant that its sheer boldness boggles the mind. I'm talking about the Federal Reserve's FedNow, a proposed system of instant payments and digital dollars.

This paper from the Cleveland Fed describes the system: FedNow paper from clevelandfed.org (PDF) (via Cheryl A.)

The rationale for the system is two-fold: The Fed sees the current ACH (automatic clearing house) payment system used by banks as too slow and limited. Payments need to be instantaneous and there must be a way to reach unbanked households, the roughly 9 million U.S. households without a bank account. In the current system, stimulus payments couldn't reach these households quickly.

The solution is a new payment system in which every household and business in the nation would have an account at FedNow, so the Fed can transfer funds directly and instantaneously into every household account (and presumably every business that the Fed has chosen to fund).

The second part of FedNow is the creation of a digital dollar which is just like the existing dollar with one tiny little difference: unlike cash (for example, a $20 bill), the digital dollars won't be anonymous. Each newly created digital dollar will be trackable.

The Fed's rationale is that panic-hoarding of coins and cash by households is a problem, as the Treasury has to go to a lot of trouble to mint more coins and print more cash. The FedNow digital dollars will be quick and easy to create and distribute--and, ahem, track.

Do you see the monstrous power grabs this we're-here-to-help system would institute?

1. The power to borrow and distribute money that is currently reserved for the elected representatives in Congress would be bypassed by FedNow. Why wait around for slow, corrupt Congress to agree on stimulus, Universal Basic Income (UBI), etc.? With FedNow, the Fed can create trillions out of thin air and distribute the dough to households without any Congressional approval.

What's interesting about this is that Congress has no power to stop the Fed from printing endless trillions and distributing the money however the Fed chooses. As an independent quasi-public agency, intended to be apolitical and outside the reach of corrupt politicos, the Fed is free to create and distribute as much new digital currency as it sees fit.

With FedNow, Congress has lost the government's monopoly power to distribute funds. Congress can still borrow and spend money, of course, but the citizenry's elected officials no longer have the monopoly granted by the Constitution.

2. The anonymity of the nation's money will be lost to the Fed's digital dollars. Perhaps the Fed will declare that only those who wear their underwear outside their clothing will avoid penalties. (Referencing the 1970s film Bananas.) Who's to say what the Fed will track, and for what purposes? The Fed, that's who.

There's a whiff of desperation in these FedNow power grabs. It's possible that the Fed has concluded that the elected legislative branch of government is now so thoroughly corrupt and dysfunctional that the Fed is forced to save the day, so to speak, by grabbing the power to create and distribute endless trillions to keep the increasingly impoverished and powerless citizenry from rebelling against the status quo.

The irony of course is that the primary source of the impoverishment of soaring inequality is the Fed itself, as the Fed's "permanent emergency powers" of sluicing trillions in free money for financiers has goosed the wealth of the top 0.1% while leaving 95% of the citizenry worse off as wage stagnation and rising inflation has eroded the standard of living / purchasing power of labor.

It's a nice trick, isn't it? First the Fed creates the inequality that makes rebellion inevitable and then it rides to the rescue with a power grab that nullifies the monopoly over governmental allocation of money the Constitution grants to Congress, and it destroys the anonymity of the "free money" it plans to distribute in the ultimate bread and circuses.

Clearly, the Fed reckons the public is foolish enough to believe the Fed's money will actually be "free." Check out what you've lost before declaring anything "free."



My new book is available! A Hacker's Teleology: Sharing the Wealth of Our Shrinking Planet 20% and 15% discounts (Kindle $7, print $17)

Read excerpts of the book for free (PDF).

The Story Behind the Book and the Introduction.



Recent Podcasts:

AxisOfEasy Salon #26: Ben Hunt vs The Industrially Necessary Narratives (1 hr)

FRA Roundtable: Richard and I discuss Inflation (37 min)

Obsoleted Engineered Economic Relapse (with Chuck Ochelli, 1 hr)

What Could Go Wrong? (43 minutes, with Gordon Long)


My COVID-19 Pandemic Posts


My recent books:

A Hacker's Teleology: Sharing the Wealth of Our Shrinking Planet (Kindle $8.95, print $20, audiobook coming soon) Read the first section for free (PDF).

Will You Be Richer or Poorer?: Profit, Power, and AI in a Traumatized World
(Kindle $5, print $10, audiobook) Read the first section for free (PDF).

Pathfinding our Destiny: Preventing the Final Fall of Our Democratic Republic ($5 (Kindle), $10 (print), ( audiobook): Read the first section for free (PDF).

The Adventures of the Consulting Philosopher: The Disappearance of Drake $1.29 (Kindle), $8.95 (print); read the first chapters for free (PDF)

Money and Work Unchained $6.95 (Kindle), $15 (print) Read the first section for free (PDF).



If you found value in this content, please join me in seeking solutions by becoming a $1/month patron of my work via patreon.com.




NOTE: Contributions/subscriptions are acknowledged in the order received. Your name and email remain confidential and will not be given to any other individual, company or agency.

Thank you, Shawn A. ($50), for your marvelously generous contribution to this site -- I am greatly honored by your support and readership.   Thank you, Marcin R. ($5), for your most generous contribution to this site -- I am greatly honored by your support and readership.

Read more...

Monday, October 19, 2020

Will the Stock Market Be Dragged to the Guillotine?

The Fed's rigged-casino stock market will be dragged to the guillotine by one route or another.

The belief that the Federal Reserve and its rigged-casino stock market are permanent and forever is touchingly naive. Never mind the existential crises just ahead; the financial "industry" (heh) projects unending returns of 7% per year, or is it 14% per year? Never mind the details, the Fed has our back and since the Fed is forever, so too will be the gains for everyone playing the rigged games in the Fed's casino.

What makes this presumption so childishly naive is the tides of history are about to sweep away the era of central banks, their fiat currencies and their rigged casino markets. That the global citizenry might realize these are all forms of financial tyranny doesn't occur to to the Financial Aristocracy, which has luxuriated in the neofeudal dominance of finance--the modern-era equivalent of Monarchy and the rights of royalty.

Under the guidance of the Financial Aristocracy, so-called democratic governance has mutated into totalitarian democracy, that is, a "democracy" in name only, a carefully managed simulacrum that props up a facade of "democracy" that is pure PR.

The Fed is busy planning a pivot to becoming "the people's source of free money forever" to save itself from oblivion. The pivot is called FedNow, an instant-payment system which bypasses both the traditional private banking sector and Congressional control of distributing money.

With FedNow, the Fed will be able to create trillions of dollars out of thin air and distribute the trillions directly into household accounts at the Fed. The idea here is that an economy that is no longer financially viable can be propped up indefinitely by Fed free money; all we need to do is bypass the obsolete private banking sector (sorry about that, buckos) and the equally obsolete shards of totalitarian democracy (Congress, the presidency, etc.) and stave off the revolt with endless free money.

That endless free money stripped of the last vestiges of discipline will stoke an inflationary death spiral--well, we'll worry about that tomorrow. The irony here is the Fed is only accelerating the demise of central banking, fiat currency and its rigged-casino stock market with its FedNow scheme to maintain its financial tyranny.

Alas, tyranny is still tyranny, feudalism is still feudalism, and history remains unkind to totalitarian regimes--even those which have morphed into a clever totalitarian democracy.

The Fed's rigged-casino stock market will be dragged to the guillotine by one route or another: either a populist reform that dismantles the neofeudal financial tyranny of central banks and their soon-to-be-worthless fiat currencies, or the implosion of the entire corrupt neofeudal financial system of central banking, fiat currencies and rigged casino markets, all of which are nothing more than engines of inequality.



My new book is available! A Hacker's Teleology: Sharing the Wealth of Our Shrinking Planet 20% and 15% discounts (Kindle $7, print $17)

Read excerpts of the book for free (PDF).

The Story Behind the Book and the Introduction.



Recent Podcasts:

AxisOfEasy Salon #26: Ben Hunt vs The Industrially Necessary Narratives (1 hr)

FRA Roundtable: Richard and I discuss Inflation (37 min)

Obsoleted Engineered Economic Relapse (with Chuck Ochelli, 1 hr)

What Could Go Wrong? (43 minutes, with Gordon Long)


My COVID-19 Pandemic Posts


My recent books:

A Hacker's Teleology: Sharing the Wealth of Our Shrinking Planet (Kindle $8.95, print $20, audiobook coming soon) Read the first section for free (PDF).

Will You Be Richer or Poorer?: Profit, Power, and AI in a Traumatized World
(Kindle $5, print $10, audiobook) Read the first section for free (PDF).

Pathfinding our Destiny: Preventing the Final Fall of Our Democratic Republic ($5 (Kindle), $10 (print), ( audiobook): Read the first section for free (PDF).

The Adventures of the Consulting Philosopher: The Disappearance of Drake $1.29 (Kindle), $8.95 (print); read the first chapters for free (PDF)

Money and Work Unchained $6.95 (Kindle), $15 (print) Read the first section for free (PDF).



If you found value in this content, please join me in seeking solutions by becoming a $1/month patron of my work via patreon.com.




NOTE: Contributions/subscriptions are acknowledged in the order received. Your name and email remain confidential and will not be given to any other individual, company or agency.

Thank you, Robert M. ($5/month), for your marvelously generous pledge to this site -- I am greatly honored by your support and readership.   Thank you, Anthony H. ($100), for your outrageously generous contribution to this site -- I am greatly honored by your support and readership.

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Friday, October 16, 2020

The "Titanic" Analogy You Haven't Heard: Passively Accepting Oblivion

Whether we realize it or not, we're responding with passive acceptance of oblivion.

You've undoubtedly heard rearranging the deck chairs on the Titanic as an analogy for the futility of approving policy tweaks to address systemic crises. I've used the Titanic as an anology to explain the fragility of our financial system and the "glancing blow" of the pandemic:

Why Our Financial System Is Like the Titanic (March 15, 2016)

Coronavirus and the "Unsinkable" Titanic Analogy (January 29, 2020)

But there's a powerful analogy you haven't heard before. To understand the analogy, we first need to recap the tragedy's basic set-up.

On April 14, 1912, the liner Titanic, considered unsinkable due to its watertight compartments, struck a glancing blow against a massive iceberg on that moonless, weirdly calm night. In the early hours of April 15, the great ship broke in half and sank, ending the lives of the majority of its passengers and crew.

Of the 2,208 passengers and crew onboard, 1,503 perished and 705 survived. The lifeboats had a maximum capacity of 1,178, so some 475 people died unnecessarily. Passengers of the Titanic (wikipedia)

The initial complacency of the passengers and crew after the collision is another source of analogies relating to humanity's near-infinite capacity for denial.

The class structure of the era was enforced by the authorities--the ship's officers. As the situation grew visibly threatening, the First Class passengers were herded into the remaining lifeboats while the steerage/Third Class passengers--many of them immigrants--were mostly kept below decks. Officers were instructed to enforce this class hierarchy with their revolvers.

Two-thirds of all passengers died, but the losses were not evenly distributed: 39% of First Class passengers perished, 58% of Second Class passengers lost their lives and 76% of Third Class passengers did not survive.

Rudimentary calculations by the ship's designer, who was on board to oversee the maiden voyage, revealed the truth to the officers: the ship would sink and there was no way to stop it. The ship was designed to survive four watertight compartments being compromised, and could likely stay afloat if five were opened to the sea, but not if six compartments were flooded. Water would inevitably spill over into adjacent compartments in a domino-like fashion until the ship sank.

What did the authorities do with this knowledge? Stripped of niceties, they passively accepted oblivion as the outcome and devoted their resources to enforcing the class hierarchy and the era's gender chivalry: 80% of male passengers perished, 25% of female passengers lost their lives.

The loading of passengers into lifeboats was so poorly managed that only 60% of the lifeboat capacity was filled.

What if the officers had boldly accepted the inevitability of the ship sinking early on and devised a plan to minimize the loss of life? It would not have taken any extraordinary leap of creativity to organize the crew and passenger volunteers to strip the ship of everything that floated--wooden deck chairs, etc.--and lash them together into rafts. Given the calm seas that night and the freezing water, just keeping people above water would have been enough.

Rather than promote the absurd charade that the ship was fine, just fine, when time was of the essence, the authorities could have rounded up the women and children and filled every seat on lifeboats.

Of the 1,030 people who could not be placed in a lifeboat, 890 were crew members, including about 25 women. The crew members were almost all in the prime of life. If anyone could survive several hours on a partially-submerged raft, it would have been the crew. (The first rescue ship arrived about two hours after the Titanic sank.)

Would this hurried effort to save everyone on board have succeeded? At a minimum, it would have saved an additional 475 souls via a careful loading of the lifeboats to capacity, and if the makeshift rafts had offered any meaningful flotation at all, many more lives would have been saved.

Rather than devote resources to maintaining the pretense of safety and order, what if the ship's leaders had focused their response around answering a simple question: what was needed for people to survive a freezing night once the lifeboats were filled and the ship sank?

I think you see the analogy to the present. Our leadership, such as it is, is devoting resources to maintaining the absurd pretense that everything will magically re-set to September 2019 if we just print enough money and bail out the financial Aristocracy.

Whether we realize it or not, we're responding with passive acceptance of oblivion. The economy and social order were precariously fragile before the pandemic, and now the fragilities are unraveling. We need to start thinking beyond pretense and PR.



My new book is available! A Hacker's Teleology: Sharing the Wealth of Our Shrinking Planet 20% and 15% discounts (Kindle $7, print $17)

Read excerpts of the book for free (PDF).

The Story Behind the Book and the Introduction.



Recent Podcasts:

AxisOfEasy Salon #26: Ben Hunt vs The Industrially Necessary Narratives (1 hr)

FRA Roundtable: Richard and I discuss Inflation (37 min)

Obsoleted Engineered Economic Relapse (with Chuck Ochelli, 1 hr)

What Could Go Wrong? (43 minutes, with Gordon Long)


My COVID-19 Pandemic Posts


My recent books:

A Hacker's Teleology: Sharing the Wealth of Our Shrinking Planet (Kindle $8.95, print $20, audiobook coming soon) Read the first section for free (PDF).

Will You Be Richer or Poorer?: Profit, Power, and AI in a Traumatized World
(Kindle $5, print $10, audiobook) Read the first section for free (PDF).

Pathfinding our Destiny: Preventing the Final Fall of Our Democratic Republic ($5 (Kindle), $10 (print), ( audiobook): Read the first section for free (PDF).

The Adventures of the Consulting Philosopher: The Disappearance of Drake $1.29 (Kindle), $8.95 (print); read the first chapters for free (PDF)

Money and Work Unchained $6.95 (Kindle), $15 (print) Read the first section for free (PDF).



If you found value in this content, please join me in seeking solutions by becoming a $1/month patron of my work via patreon.com.




NOTE: Contributions/subscriptions are acknowledged in the order received. Your name and email remain confidential and will not be given to any other individual, company or agency.

Thank you, Niels L. ($5/month), for your marvelously generous subscription to this site -- I am greatly honored by your steadfast support and readership.   Thank you, Dan T. ($50), for your magnificently generous contribution to this site -- I am greatly honored by your steadfast support and readership.

Read more...

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