Knowledge Based Economy ?

Philosophy Forums Society, Government, and Economics
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Knowledge Based Economy ?

Economists and others are always talking about “how advanced” our economy has become, it is service based, knowledge based, research and “innovation” based, etc. Funny how such a great knowledge based economy loses trillions of dollars on “bad bets”, I mean what where all those PHDs, all those researchers and scientists and “innovators” thinking about ? What have they actually produced that has improved the general standard of living ? What have we really gained ? Alot of useless gadgets, sky high rents and home prices, no public transportation, and the constant mythology of “new jobs”, new sectors that should “emerge”, new economies, etc.

These guys don’t know crap. They have totally failed on all fronts, they want to confuse people by saying that they have to increase “productivity”, increase the “amount of time” on the job, “work harder”, etc. But exactly what are all these products that require all this productivity and hard work ? Cell phones ? LCD TVs ? more crappy software that is uselessly complex and never works ? The truth is this ideology only serves the ruling classes goals of keeping people under the thumb, of keeping them brainwashed about all this crap.

Notice that the simplest things, the STUPID things are almost no longer available, it doesn’t take a genius to figure out that homes having a low rent would be good for everyone, that having generalized public transport and health care would be good. That working only a few hours if any and especially only when it is really needed would be much more rational. But the ruling class says that people would become bored, that inequality is the lifeblood of civilization, that fights between people and extreme poverty and wealth are exciting, create meaning, create goal oriented societies. That is why everyone must “go to college”, to become some kind of superstar in some field, as if millions of people are so inequal to each other that they all deserve so much more than others, that the inequality is justified. Just what will all those intellectuals from college “produce” ? what great “results” will they ever accomplish ? Oh I see, the creation of subprime loans, WOW, what a great creation, o no wait, all the super bloated crappy software the world is full of.

But if you told all these great scientists, how about homes with low rents for the average slob ? average homes with 300 dollars a month rents ? or a few thousand simple gasoline buses for public transportation ? Not good enough ? Not advanced enough ? Oh no, wait, everyone is entitled to buy and own a McMansion, since they all are superstars and their labor is so valuable that they will surely be able to pay it off.

This is the result of a “Knowledge Based Economy”.

Western Society is done with all this. This system has crashed. If there be any future they better get millions of homes with low rents on the market, get thousands of buses for public transportation, public health care, and especially stop all the hype “on jobs”, “new sectors”, millions of jobs in the “service economy”, etc. There will never again be millions of jobs, they were totally useless before and now have no chance of ever coming again. The jobs will be case by case based, only when something is needed will labor be employed, the rest of the time people better learn how to get bored, find hobbies, relax. You don’t need to clean your house everyday for 8 hours a day do you ? No, only when it it is required, and so with “jobs”, this huge mythology of “jobs”, especially when computers and robots can automate what little work is still available. Governments will simply give out a basic pay to everyone.

And for all those bloated ego types, that need to be “bosses”, and need “to prove themselves and their worth”, they can go into sports, physical sports, like boxing and wrestling, not puny office politics stuff for fairies, then lets see how much they are really worth.

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Especially since companies and economists have always insisted on flexibility, the ability to constantly change and move around, to change states or countries and go where the work is etc. But then they never say or favor low rents, they never say that if most people rented homes, there would be much more flexibility on behalf of the workers, since it would be easy to move around, change companies and geographical locations, etc.

This shows what the real hidden agenda is: flexibility on behalf of the workers, no flexibility towards anything that can give the workers any help. A one way street.

But then the real truth is that information and knowledge is worth zero today, there has never been so much information and “knowledge” available and being generated through the internet, that it is worth now virtually zero.

What is really worth everything, 100 %, is pure power, is the ability to squeeze, pure ego, the ability to boss around, the ability to decide and command millions of now worthless people with no counter power available. It has always been like this, the strong crush the weak, end of story, all the idealistic talk about “advancing economies”, “progress” just serves to keep slaves brainwashed that they are “doing the right thing”, for the “general good”, for “progress” when in all truth only the rich and powerful benefit, all the others are poor worthless slobs.

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Ironic thread. Does anyone really know what the economy is or where it is at ? do you really believe in GDP, growth or non growth ? I will be laughing when in one months time the USA GDP will start growing 5 % a year for the next 10 and the world GDP will grow 20 % for the next 10! It is all fake, it is all a scam, there is no truth, it is all made up and everyone believes it ! Never have there been so many lies told to billions of people, do you really thing that GDP even exists ? Do you really think that all those numbers and ideas and economic theories, millions of “unemployed” etc. are even real ? It is all a simulation, a fairy tale, it is all imaginary, when it becomes convenient the “economy” will grow again and millions will be hired back to their old jobs!

Check out:

msn.careerbuilder.com/Article/MS … ad-Economy

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The Japanese Finance Minister got it right: he simply got drunk and gave up on it all ! LOL !!

They keep on trying to find solutions, how to deal with the “mortgages”, Japan has been in a depression for 20 years, and they still can’t figure it out.

How about MAKE AVAILABLE CHEAP RENTS FOR EVERYONE, AND GIVE UP ON THE IDEA OF BUYING HOUSES !?!??

Applies well in Japan, but also in EU and USA…

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The definition of economics is the art of distributing a limited resourse to multiple ends. For example, if I only have limited money, I use economics to decide how many waffels to buy and how much icecream to buy. If the price of icecream goes up, I get more waffels.

The question our so-called economics gurus forget to ask themselves is, ‘What resources are limited?’

Are movies limitied? No, they can be infinitely reproduced in the digital age.
Are ideas limitied? No, they can spread overnight on the internet.
Is food limitied? No, pay farmers to not farm to try to make an artifical economic promblem.
Is labor limitied? Rarely, there are lots of people with extra time.

What is limited? Land and Time. If our economic system was kept up to date all we would pay for is land and time. A knowledge based economy will never work.

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All resources are limited if someone hoards them, if someone decides to limit them on purpose, if someone decides to arrange a system where they become limited. Look at housing and jobs and transportation. Someone forces and decides that everyone “must be a home owner”, must buy their home, so all this money has to go into a resource that is not really limited but becomes limited by brainwashing people and creating a false scarcity. Same with jobs and transportation, someone decides that all the jobs have to be in LA or NYC so house prices in New York City go sky high, rents go high, commute time and cost of transportation to and from work increases, hence you get all these normal, stupid resources that somehow become limited, scarce, and it becomes a fight between poor people, a fight of everyone against everyone else for resources that are made artificially and on purpose limited.

Someone like the ruling class, or a group of individuals with deciding power, that is their free wills decide to hose millions of others, because their free will decides on behalf of everyone else. So you get scarcity and fights and limited resources.

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Yeah, that’s kinda my point. All these resources are being made scarice artifically to make our economy fit more of a middle ages/early modern model. I think if someone were hoarding all the food in a guarded grainery and charging high prices it would be the responsibility of the population to kill the guards and distrube to food at a fair price or in a fair way. In US society, where our food is being artifically limitied by subsidies, it’s our responsibility to elect politicians that will change that. And if that doesn’t work, if we discover our democracy isn’t true, then we have to take up arms. A ruleing class that doesn’t rule in the genral instrest of the population has signed it’s own death warrant.

Now don’t get me wrong, I’m no socialist. I think you should work hard if you want a large sail boat with a big crew, or rare earth minerals or anything that’s truly limitied- but we shouldn’t artifically limit abundant resources to create false supply and demand. Imagine if the tap water started costing a dollar per eight ounces because Evian has made people realise silly twits will pay that much for water.

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I happen to like my big-screen TV and cellphone. Learning software sucks but because of email I don’t have to run to the post office every day just to send a letter that won’t get there for a week. The internet has given me access to information that people before us never dreamed of. Yeah, rents and mortgages are higher than they were. But today people live in huge houses in the suburbs rather than cheap little flats in the city. Stuff like that makes my life better than my parents’.

Where’s the big gripe here? Not moving forward fast enough for you? Were you expecting to have robots doing all our work for us while we sit around and eat grapes all day by this point? Whoever said that’s how it was supposed to be?

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Old, you are correct in your observation. Technology is used to supplant the costs and the hunman factor in the production process. The short term capital gain brought about by technologies erode the consumer base via retrenchment and unemployment. They may have the products but they are diminishing the consumer base. No job due to technology, no disposable income, no consuming.