Investment
There is nothing left to invest in. This concept, investment, that dominated so much of the last few decades was based on growing markets, amplifications of results from technology and innovation and new processes, new inventions, growing wealth, more of this and that and you name it. The bases is you put some money in A and you got A + a1, there is some kind of amplification factor that can be based on anything at all, but mostly wage differentials, power differentials, economies of scale, technologies applied, globalization, all kinds of levers and economies of scale and amplifying mechanism that gave you a return, you got more out compared to what you put in, you got more money, more energy, more results - products, more profit, more gain, more anything out of something compared to what was put in.
Well this one trick pony is mostly dead. There are no new amplification processes in sight, there is nothing that seems to be available that will give you a gain. Yes, you have the developing world that is increasing their consumption, hence, invest in the goods they buy since they are growing markets, yes you can make some cash this way, yes we had bubbles of various types in the past, internet bubbles, financial bubbles but especially and mostly real estate bubbles that forced a return on investment, that forced something to go up no matter what, that made believe that there was this magical return on investment for some unknown magical reason, like house prices that just went up for the fun of it, to pretend that they were acquiring value and worth (maybe from the scare of overpopulation and resource scarcity myths and similars when in all truth real estate should go down, way down always, because we have excess capacity, we have way more houses empty now than ever (15 million in the USA, 20 million in Europe from Lisbon to Moscow, go figure), can build them quickly and cheaply if only someone would pay some peanuts for them and real estate should always go down because you have to maintain a structure that decays and grows old everyday, in short, real estate is mostly a loss and a pain in the ass to maintain and always has unforeseen problems popping up from nowhere, now who on earth was such a jackass and idiot that thought that real estate should “go up” ?).
But these one trick ponies are dead, have run their course, now there is nothing left. We had the 20th century that added real effective new inventions one after another like magic, first cars (and all the successive 100 years of improvements, markets, brands, economies of scale, prices lowering due to technology, you name it) and this all generated work for millions in factories, showrooms, loans, etc. And then air traffic with jets, another innovation and invention that generated all kinds of jobs by the millions, and TV and then the final perfect model for the myth of “innovation” and “research and development”, etc. the MICROPROCESSOR: this really fooled everyone that real magic was operating in the economy and system and capitalism, no one noticed that this was a one trick pony based on Moore’s law (one of those unique, one time quirks, one time lucky windfalls, like the discovery of electricity, happens once in a thousand years), that you could put ever more transistors on a silicon chip and produce electronics, consumer electronics, microcomputers (then applied all over the place from the 1960s to the 1980s), and then the Personal Computer and all of its software (once again applied all over the place and generated millions of jobs in all kinds of endeavors associated with it) and finally the Internet that once again created all kinds of activities and jobs and returns on investments.
The final innovation is in Health Care, Drugs, as in a population that grows old and has to save itself and try desperately to keep on doing the things it did up until it was about 40 or 45 years old. But this turned out to be just a mega ripoff based on the necessity of avoiding pain but forcing people to pay higher and higher prices for something that should be free as it is a basic necessity (just like real estate and houses).
But all of these fun and games are ending real fast exactly because all the research and technology and computers (why on earth was the computer invented in the first place ? to get rid of work, to automate labor, to render the employer independent of employees making him get essentially free work from a machine) operate exactly to get rid of labor, is successful only in as much as it can streamline and eliminate work and labor and mostly people from all productive endeavors: these technologies serve to get rid of people, people that want to be paid and are always a pain in the ass, and always cost too much and always have so many problems and defects, that anyone would greatly be relieved to not depend on these total turds anymore.
So this is the situation: all the innovations that generated jobs are finished, now it is payback time, in the sense that first the innovations created the jobs, now it is time to make the innovations pay back, and they are paying back big time by eliminating all kinds of jobs worldwide as fast as possible. And in the process making corporations and the ruling class gain profits beyond their wildest dreams.
The corporations and rich have trillions of dollars sitting in banks (or wherever) not doing anything, not knowing what to do with all that cash (I estimated that 40 trillion dollars the rich have worldwide could create 400 million free salaries of 10,000 dollars a year worldwide (which is a very high salary in most of the world) for 10 years) but the rich and hogs just prefer to keep it under their beds. And this finally brings me to the real situation and message of the modern era:
WORK NO LONGER GENERATES PROFITS AND THE WORKERS NO LONGER GAIN ANYTHING FROM WORKING ANYMORE, SO YOU HAVE A WIN - LOSE SITUATION WHERE THE RICH AND CORPORATIONS CONSTANTLY KEEP ON WINNING AND THE WORKERS CONSTANTLY KEEP ON LOSING.
There is no labor or activity people can do that can generate a profit anymore, hence why invest in hiring people, why invest in people anyways since they are all total turds ? And the workers have no incentive to work anymore given such a low salary and high Health Care and Rents and others they have to pay, so why work anymore ? The economy is in a deadlock people aren’t hired because there is nothing they can do to generate profits and people don’t work because there is no work they can do that can make them profit from their work.
But the entire idea of investment, of something that improves, in the idea that you can do something to gain, to get something more back is at a dead end: not only in the economy but in all endeavors, in all social activities, in all possible activities, there is nothing worth doing anymore, nothing can be done to get more or improve or to get something better, all we do and can do generates not only diminishing returns, but negative returns, if you start out with 100 and do something, anything at all, in any possible activity you end up getting 70, and even less and less, so nothing is the best thing you can do, do nothing, give up real fast, watch TV, end of story.
All of the improvements that we expected to keep on having forever, all the huge contrasts that all of the novelties and improvements generated in the 20th century in all cultural affairs also, like in Music Elvis and the Beatles (the surprise factor, the novelty, the contrast with what was before) the contrast between generations, all the Modern Art, the Experimental, the Avant Guard, the new generation always having something new and better to do and new and better ways, the entire mythology of new is better, all kinds of new things, the drugs, the LSD, the experiences, free sex and love, you name it, all the novelties and inventions, Movies, TVs and Internet and books (an infinite amount of new books and ideas, a never ending array) and all kinds of new theories, Marx, Freud, philosophy, Women’s liberation, queers, you name it, all the new and better, and novelties and new is better and all the contrasts with what was before and other Science and Technology novelties (DNA, the Atom bomb, Nuclear Energy, Einstein, the Military Technology) all the improvements (imagined or real ?) the exploration, the Doors, Space exploration, the Future, 2001 a Space Odyssey, Pink Floyd, Progressive Rock (notice the word PROGRESSIVE used in the 1970s) a never ending array of novelties and cultural affairs that went towards the Future, Progress, Better, Newer, the entire idea of you can invent something new, you can innovate, there is something new and better that can be and will be done, well:
THIS IDEA OF NEW AND BETTER IS OVER, DEAD, EXPIRED, OBSOLETE, NO LONGER OPERATING, WAS A LONG FANTASTIC ONE TIME QUIRK TRIP WHERE ALL THE TECHNOLOGIES GOT DISCOVERED ALL AT ONCE AND APPLIED AND CREATED A MAGICAL VISION OF REALITY, BUT WAS AN EXCEPTION, IS THE EXCEPTION, IS NOW DEAD AND OVER.
Now there are only two things left to really do:
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Free Salaries and Cheap Rents since the economy won’t generate jobs and the entire fairy tale of jobs even necessarily having to be generated (who on earth ever thought that jobs are a natural disposition of things anyways ? the idea is and has always been to do less work possible and technology is forcing this on everyone anyways), money will just keep on being hogged up and concentrated in fewer hands (there is absolutely no mechanism at all that can change this, in fact those that are losing are doing everything possible to lose even more and sustain the “moral” position that free salaries and cheap rents “are wrong” hence giving all that money completely for free to those already super rich, go figure). And huge public private projects hiring millions for Rockets to Mars, trillions of skyscrapers, high speed trains, you name it. Not because of the profit motivation or for gains but to give Pride, Ambition, Meaning, a Goal, a collective aggregated symbolic social meaning (and therefore Metaphysical goal, like Hitler gave the Germans under the Nazi myth) and a Function (give them a function they will be happy) to millions of unemployed worldwide so they don’t just throw themselves down the toilet, as Man is a Turd, so they know they are turds and hence they would just throw themselves down the toilet.
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Modify the neural networks of minds, whether trying to follow some scientific and logical path, or more simply and bluntly through the Instant Singularity, sticking wild chemicals and signals and symbols in wildly modified brains - minds. These weird minds perceive a new universe, actually exit our universe and enter a new one that has nothing to do with ours anymore (hence the end of the idea of progress or a sequence of events that lead up to an aggregated conclusion, this disconnects the sequence, there is no longer any idea of time, or linear progress, or before or after, it can no longer be compared to what existed before because before is totally unrelated to the Instant Singularity), hence this is the end of our civilization, but even more so the end of Science and Progress, but even more so, a new Big Bang, a New universe with totally new laws of physics and logic and metaphysics and the very concepts of non contradiction and identity and existence no longer operate, hence even the Technological Singularity and the Big Bang and God himself are puny concepts and ideas compared to this one. On a side note, this idea of the Instant Singularity, Modified new Minds and Brains (or even the old fashion Technological Singularity) may be the very last and most deeply faith based concept of Investment, and Gain and Profit possible. The concept of Investment brought to its extreme consequence. The concept of doing A and getting something more, in this case a new universe - life - physics - metaphysics.
So the entire concept of investment is done, over, dead. We invent all kinds of make believe activities that simulated a kind of imaginary investment, a kind of imaginary activity, a chore, a task, a start point → path → target (often simple, so we are guaranteed to always win, like play a video game or watch a TV program, or go to the Mall and buy some crap), a kind of better, a kind of if I do A, I gain something, or make believe I gain something, so that makes you feel satisfied and OK. Now you are OK, etc. Well there is nothing left to do, no investment possible, nothing that will make you feel OK, now every activity is going backwards, you feel worse and worse, no matter what, you lose more and more no matter what, so the entire idea of better, do this and you gain (like jogging and exercise or whatever, anything else), invest in this you will gain, put effort in this you will gain (win ? be better ? improve ? ALL FALSE), is dead and gone, now it is only loss and losses forever. AMEN.
Quo Vadis, Baby ?