You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete. Buckminster Fuller The galloping, microscopic horseman of Covid has quickly exposed the fatal flaws in the American system, and the mixed messaging that we’re getting from our leaders cannot obscure the basic facts, which are not too complicated but profoundly terrifying nonetheless. The … Continue reading Narrowing Options
History is not repeating itself, we are unfolding a new page in national life. The past has gone forever. There is no abiding present, it flies while we name it, and as it flies it is our duty to provide for the thick coming future. . . . We are to shape the future. We cannot escape the duty. — William D. “Pig Iron” Kelley … Continue reading The Last Fiction – Part 3
Unprecedented. That is the key word in these opening rounds of the Coronavirus pandemic. Just so. And as such, countries will need to apply unprecedented solutions to the crisis. Make no mistake: this is the time for overreaction, especially of the monetary type. Otherwise, we are probably looking at millions of deaths, instead of just thousands. Here is my big picture take on our situation. … Continue reading The Covid Pivot
“It is the nature of a new idea to confound current consensus.” William H. Whyte, Jr. In the previous post, we looked at the most daunting socioeconomic issue facing us today: the decline of labor value. Looking beyond a simple statistic like the unemployment rate, we can see the inescapable reality that technology, and the myriad systemic offshoots enabled by technology, will continue to reduce … Continue reading The Cerberus of Surplus Capital
The modern age has carried with it a theoretical glorification of labor, and has resulted in a factual transformation of the whole of society into a laboring society…. It is a society of laborers which is about to be liberated from the fetters of labor, and this society does no longer know of those other higher and more meaningful activities for the sake of … Continue reading Something Ain’t Workin’
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