Current Topics
The Homeless
by Jeffery J. Haas
Today at 04:33 AM
The Democratic Plan
by pondering_it_all
Yesterday at 02:18 AM
gas lighting and the meda
by Jeffery J. Haas
06/18/18 11:28 PM
small (SMR) and very small (VSMR) nuclear reactors
by jgw
06/18/18 08:01 PM
RoundTable for June 2018
by pondering_it_all
06/17/18 11:12 PM
Dems are going to lose, in Washington, California and Louisiana
by rporter314
06/17/18 02:41 AM
Lying with Impunity
by matthew
06/16/18 10:13 PM
G6 plus one
by NW Ponderer
06/15/18 05:19 AM
The 9.9 Percent Is the New American Aristocracy
by pondering_it_all
06/14/18 11:14 PM
Antarctica lost 3 trillion tonnes of ice in blink of an eye
by matthew
06/14/18 10:11 PM
Da Singapore Summit!
by pondering_it_all
06/13/18 03:29 AM
What if Star Wars never happened?
by pondering_it_all
06/10/18 05:33 PM
Anthony Bourdain
by pondering_it_all
06/10/18 05:20 PM
What it will take to curb the President
by pondering_it_all
06/09/18 05:48 AM
The failure of the public school system
by pondering_it_all
06/08/18 11:10 PM
Sorting it out
by logtroll
06/06/18 10:40 PM
TrumpTrade
by jgw
06/05/18 07:31 PM
Allam Cycle - Zero Emissions Nat Gas Power Plant
by pondering_it_all
06/04/18 08:23 PM
The American Dream
by Jeffery J. Haas
06/02/18 10:08 PM
Ranking All 10 Star Wars Movies Worst to Best
by rporter314
06/01/18 02:56 PM
Forum Stats
6248 Members
58 Forums
16290 Topics
280410 Posts

Max Online: 294 @ 12/06/17 12:57 AM
Google Adsense
Topic Options
#304159 - 11/30/17 02:09 PM Economics or environment?
logtroll Offline
veteran

Registered: 04/26/10
Posts: 8799
Loc: New Mexico (not old Mexico)
GDP and fossil fuels are intimately related.

Quote:
The common political mantra that higher GDP creates social benefits by lifting all boats has become suspect since the 2008 recession and ‘recovery.’ For the first time in the history of the USA, we now have more bartenders and waitresses than manufacturing jobs.50 In order to maximize dollar profits, it often makes more sense for corporations to mechanize and hire ‘fossil slaves’ than to hire ‘real workers.’ Real income peaked in the USA around 1970 for the bottom 50% of wage earners.
_________________________
"You can't fix a problem until you understand what the problem is." Logtroll

Top
#304162 - 11/30/17 03:46 PM Re: Economics or environment? [Re: logtroll]
rporter314 Offline
old hand

Registered: 03/18/03
Posts: 6414
Loc: Highlands, Tx
it is the problem of idiot-ology versus reality.

No matter how one wants to argue humans who are alive will continue to thrive in the work place, I continue to see replacement with automatons.

While some may see a bleak future, I see great opportunity for individual freedom.
_________________________
ignorance is the enemy
without equality there is no liberty

Top
#304166 - 11/30/17 07:13 PM Re: Economics or environment? [Re: rporter314]
logtroll Offline
veteran

Registered: 04/26/10
Posts: 8799
Loc: New Mexico (not old Mexico)
I didn't see that as the primary theme of the article. It was the math concerning how much of our 'wealth' can be attributed to fossil fuel energy, and how squanderous (squanderful?) our culture is that got my attention.
_________________________
"You can't fix a problem until you understand what the problem is." Logtroll

Top
#304169 - 12/01/17 01:04 AM Re: Economics or environment? [Re: logtroll]
rporter314 Offline
old hand

Registered: 03/18/03
Posts: 6414
Loc: Highlands, Tx
sorry just extrapolated a little

but basically I think capitalism is caught on a false premise .... infinite resources. Every time anyone asks about oil reserves the response is oil reserves have expanded (and some even say there is a sea of reserves waiting to be created or already existing i.e an infinite reserve. I think this is an equivalent restatement of the St Petersburg Paradox.

The reason I see the article as heartening is at some point people will realize there is no infinite payoff in GDP. As a result they will be compelled to rethink the notions of jobs and work and finally accommodate other constraints. When automatons work energy approaches human work energy (becomes almost or becomes 1 <--> 1) there will be a shift in the dynamic in the correlation with oil energy. And why would it have to remain at 1 <--> 1? It doesn't. Automation will make work energy expended cheaper and thus make it >1.

The result of this will be not only elimination of human work energy from the relationship but elimination of humans from the process. What is the point of making ever increasing amounts wealth if there is no change in life?

Freedom
_________________________
ignorance is the enemy
without equality there is no liberty

Top

Who's Online
0 registered (), 41 Guests and 1 Spider online.
Key: Admin, Global Mod, Mod
Newest Members
TrentonP, Nosf50, erumonej, Jensen Breck, Albertapkr
6248 Registered Users
A2