‘I told you how I see things. Hence if you do what I warned you not to, I’ll be free to punch you in the nose!’
Is this the epitome of ‘bullying’?
Or, rather, of pushing yourself into a corner?!?
Now, if Pelosi actually lands in Taiwan, how far will Xi go in order to ‘save face‘? Let it go… he would lose too much of it. Too much ‘face’. Any threat he would utter from then on, would be met by deaf ears.
“Your mind is only a part of you. Like the driver is only a part of a car. Irreplaceable but…
Most of us believe it’s the driver who tells the car where to go…
Well, the driver has to follow the road, obey the rules, interact with the other drivers, take care of their own needs… fuel and maintain the car… only then they are ‘free’ to ‘pursue’ the destination. Which destination is, more often than we care to admit, chosen by the heart rather than with the help of the mind.
So yes, it’s the mind who should tell itself what to believe. Only it needs to reach a certain serenity in order to make a proper decision. To be able to choose by itself instead of accepting, indiscriminately, ‘suggestions’!”
Not for a particular king! No. Not even for kings in general.
Only for all those ‘in charge’! As a reminder for the fact that their authority is very fragile. Goes for only as far as it is accepted. Protected by those who respect it.
As a reminder for the fact that fences not only protect but also separate.
The point being that whenever those calling the shots no longer suffer the consequences, the situation becomes extremely fragile. That whenever a ‘king’ needs to be protected from his subjects instead of by them…
We’ve burned fossil fuels. For a while. Now, after figuring out that the whole planet is about to become to hot for comfort, we’re slowly replacing fossil fuel with ‘renewable power’. Solar and wind… And we’re looking for ways to store that power for when the sun is powering the other side of the planet and the wind has stopped blowing.
Lithium to the rescue! Lithium batteries are the new fad. Powerful enough for Tesla to build around them the ‘coolest’ car ever. Accelerates faster than a Ferrari at less than half the price.
But is this really wise?
Lithium – like oil, has to be dug up from somewhere. Hence it’s not ‘renewable’. Only recyclable, but at a hefty price. Lithium – like oil, is really messy. To produce in the first place and to recycle. Lithium – like oil, can be found rather far away from where its needed. Hence has to be transported over large distances. And happens to be under ‘foreign’ control. Much of it, anyway.
So how much farther are we going to go? On the already ‘paved’ road? On the other hand, I’m sure Nansen had something else in mind. Other than repeating the same mistake.
An alternative method for storing power would be to use daytime solar and ‘excess’ wind power to produce hydrogen. Which can be stored where it is produced and will be used. Or ‘loaded’ unto fuel cell powered cars.
Art is, maybe, the first form of interaction between us and the place we inhabit. The first manner in which we ‘ingest’ that place, only to regurgitate it later. The first manner in which we learn about that place and the first manner in which we express what we have just learned. Esthetics is how we make sense of art. How we organize our ‘first impressions’ regarding the ‘place’ we live in. How we ‘edit’ those impressions in order to make them more easily understandable. Philosophy is what we made out during the artistic endeavor to learn. The never finished product put together by our ‘digestive system’ out of the artistic interactions we have had with ‘reality’.
Techne is what we do. The transformations we impose unto things in order to make them capable to satisfy our needs. Or our whims… Science is the process through which we gather information. The information which becomes more and more necessary as our doings take us further and further away from the original reality. Manipulation is what we do after we consider to have amassed enough information. After we have developed a certain understanding of the world and have decided that time has come for us to ‘take what’s rightfully ours’.
You know what ‘skills’ are. What we’re ‘good at’. Technology is how we pass our skills to other people. So that we can work in concert. To coordinate our efforts. The outcome of which is Reality 2.0. The reality we have brought about. The new reality which constitutes reality 1.0 for those currently alive.
Why on Earth would anybody invest their ‘life savings’ in ‘crypto’?!? Furthermore, why would anybody who has millions of dollars to invest would use a ‘custodial wallet‘?!?
Quite a large number of people are complaining about how hot it is nowadays. So uncomfortably hot that they have to stay indoors until late in the evening.
And no, they are not pensioners. They work from home, earning enough money to be able to have everything delivered to them.
Which reminds me of my first job, right out of university. A big factory building where water almost froze in winter and temperatures rose to 41-42 degrees Celsius in August. Inside that building were, among other ‘run of the mill’ machine-tools, 3 top of the art automated Czech-built lathes. This story goes back to 1986 and happened in communist Romania. The lathes were very precise but couldn’t be used all the time. In winter they stopped working altogether and in summer they faltered. No amount of fine tuning could bring them back to yielding usable parts. It took a few years for the brass to figure-out what was going on. The lathes were designed to work in a ‘controlled environment’. The temperature was supposed to hover between 15 and 25 degrees for the lathes to function normally. Hence the lathes were ‘sheltered’ in an auxiliary building. A shed built inside the factory. And provided with efficient enough ‘temperature control’.
We, the people, had been left on the outside. Outside the shed but still inside the factory…. freezing in winter and sweat-drenched in summer. Still working, because we were sturdier than the top of the line machinery…
This morning I came across a FB post.
This brought about another memory.
Sometime in 1990-1991 I happened to lay my hands on a Newsweek magazine. Or a the Economist… I don’t remember exactly. Anyway… the article I was going to discuss with you was about the hard life endured by the American poor people. And was illustrated with a color picture. I’m going to make a small break here and inform you that in the 1990 Romania colored magazines – let alone glossy, were hard to get by. That picture, taken somewhere in the Bronx, contained a color TV and three pre-teen kids. All of them clad in blue-jeans and wearing ‘sports shoes’. You know, the likes of Puma/Adidas/ you name it. In those times, in Romania, bluejeans or ‘sports-shoes’ could be had mostly on the black market. Where you had to fork out the wage earned in a whole month if you wanted to buy a pair of each. Or you could buy them in a brand store. For twice the price….
You see, the communist regimes have crumbled because the leaders had lost contact with reality. The brass in the factory where I had started working couldn’t figure out – nor really cared about, the reason for which those lathes didn’t work properly. And didn’t care about the fact that the workers had a very hard life. On the factory floor and outside its premises.
The liberal-democratic and capitalist regime has created huge opportunities. People used to live incomparably better there than in the rest of the world. And continue to do so. On the other hand, in many of the ‘affluent’ countries people have lost contact with each other. The haves have no idea about how the poor live. Nor the poor have any idea about what it means to be rich.
We live in different worlds. In different realities.
Each of us on their own ‘tin roof’.
The problem being that all of them are becoming increasingly ‘hot’. And I’m not thinking ‘global warming’ now…
Communism had crumbled because the rulers couldn’t understand what was going on. Couldn’t react efficient enough to changes brought about by normal evolution. Because the rulers had gradually lost contact with reality. Which inevitably happens in all authoritarian settings.
We are currently living in different realities. In ‘bubbles’. For now, these bubble still have something in common. We are still able to talk to each other. Sometimes we have a hard time understanding what the other has to say – or don’t really care, but the dialog is still possible.
I’m afraid of the day when the dialog will no longer be possible.
The guys in the pan are so obsessed about the taxes they have to fork out that they actually don’t pay attention to anything else. The guys attempting to collect those taxes are so obsessed about what they want to do with the money that they actually don’t pay attention to anything else.
Meanwhile, the world is growing apart. The bubbles lose contact with each other. And with the hard core reality…
The cats can always jump down from the roof. Whenever it grows too hot or too cold. Where are those two frogs going to jump when things will become uncomfortable?
The common sense definition for an inflationary situation is ‘when too much money chase an inherently limited amount of goods and services’.
The ‘limited amount of goods and services’ part is easy. We live on a finite planet, we have a limited capacity to transform whatever resources we are able to identify into usable goods and services … so… OK, we can always identify new resources and build new capacity but we cannot do any of this ‘on the spot’. We need time. And, even more importantly, we need to put ourselves to it!
Then ‘who does the chasing’? After all, money is ‘inert’. It doesn’t do anything if let alone in a drawer. On under the mattress… In reality, we – buyers and investors, are the true ‘inflationary agents’. ‘But it would be completely stupid to sit on a pile of money when inflation rages! You have to buy something otherwise you’ll loose a lot of value! At least, you need to invest that money…’ This is one of the best examples of a self-fulfilling prophecy! Indeed. Buying or investing during an inflationary bout is the reasonable thing to do! Yet we need to understand that our actions will, temporarily, exacerbate the very inflation we are trying to ‘tame’.
After a while, economy had become ‘complicated’ enough to demand ‘paper money’. The amount of goods and services produced had become so large – and insufficient bullion was added to the money pool, that prices would have had to shrink if the balance was to be maintained. Unsustainable! Nobody would have bought anything and everybody would have jealously guarded their precious money while waiting for the prices to fall further. This process is known as ‘deflation’ and is considered even more malign than a decent amount of inflation. We have to note at this point that ‘paper money’ had been made possible by the advent of the ‘nation’. This is a rather complicated discussion, for the present purpose it’s enough for me to mention that ‘paper money’ being accepted as ‘tender’ means that the general population has enough trust in the issuer of the bills. That the individual user of the paper money trusts/believes he is part of ‘something bigger’. In those times, it was the issuer of paper money who practically controlled the amount of money which existed on the market.
Wrong! For banks to be able to ‘create’ new money, they have to extent credit! For new money to be created in this way, somebody must walk into a bank with a business proposition. That somebody might want to buy a house, a car or whatever else. Or that somebody might want to start a business. If that somebody convinces the bank that they is solvent or that their idea is worthy enough, then and only then new money is created! Money doesn’t appear out of the blue! It is born out of trust. That somebody not only trusts themselves but they are convincing enough to determine the banker to extend that much needed credit!
But wait! We’ve developed yet another mechanism which churns out money. The stock market. After developing the business started with the loaned money, the somebody we’ve been talking about above decides to make an IPO. To sell part of his business to investors. To monetize his initial investment. Depending on the moment chosen for the IPO – and the economic data in the prospect, the IPO can be a huge success. For ‘somebody’ and for the early buyers. You see, each time the price of the stock goes higher, new money is created. Based more on the ‘market’s expectations’ than anything else…
‘But people who put their money on the financial markets are rational agents! They are experts in their field…’
Yeah, right… You’re talking about the experts who had put together the collateralized debt obligations debacle… And many others. Too many others… Also, you’re talking about the experts who had bought those papers! Who had trusted the expertise of the first batch of ‘specialists’!
Thinkers, from Freud to Kahneman and Ariely, have proven than humans are very good at rationalizing and less so at being truly rational. That for a market to behave in a reasonable manner, it must preserve its freedom. That it must be free from ‘bullies’ – individual agents who muster a lot of ‘clout’, and free from any mania.
The 1637 Dutch Tulip Mania is a very good example of what might happen when a market gets obsessed with something. When too many people – not even a majority, forget about the fact that economy (oikonomia) is about making ends meet and that getting rich may be a nice consequence but is a terrible goal.
‘OK, nice try. But what about inflation?’
We have an inherently limited amount of goods and services. A relentless mechanism which churns out money. Meanwhile, some of us obsess about their need to conserve the money denominated portion of their stashed away fortunes.
Inflation is nothing but another mechanism. Which re-balances the market. Piece-meal – adjusting for daily changes, in normal times. When things evolve ‘freely’. Suddenly when the market – the people who ‘man’ the market, find out about ‘the dark side of the moon’.
Being rational – and trusting one’s reasoning powers, leads to being convinced that one’s conclusions are right. True! Reached at the end of a due process, hence above and beyond any possibility of error.
Each of us belongs. To a family, to one or more groups, to a nation. To a culture! The closer we belong to a ‘place’, the closer our thinking conforms to that which is common in that ‘place’. The closer we belong to a place, the more we assume the conclusions reached in that ‘place’ are correct.
‘But this has nothing to do with being rational!’
Unfortunately, we’re not rational. In reality, we are mere rationalizers. We use whatever tools ration has invented in order to give our decision a rational shine. At best, we are reasonable.
Reasonable means finding rational arguments for behaving properly. In a manner which helps longtime survival and does its best to avoid unnecessary ‘pain’.
Reasonable also means finding ways to communicate across barriers. NB. Attempting to communicate across ‘barriers’ is reasonable only if it’s done with an open heart. If the message contains a ‘trojan virus’, that communication might be rational but it’s no longer reasonable.
We’re at a cross roads.
We’re split. On one hand, into ‘activists’ and ‘as yet indifferent’. The difference between the ‘activists’ and the ‘as yet indifferent’ being that the activists are actively preaching their rationally obtained mantra while the ‘as yet indifferent’ have not yet reached that stage. On the other hand, both ‘activists’ and most of the ‘as yet indifferent’ come in many ‘incompatible flavors’. And the ‘flavors’ being ‘incompatible’, these people cannot engage in meaningful conversation. The messages sent across the barrier are layered with ‘trojan viruses’. Hence honest conversation – a.k.a. exchanging useful, workable information, is almost impossible.
Until we’ll find a way to do away with ‘activism’, real conversation among us will remain ‘lip service’. Until we’ll find a way to do away with activism, ration will have killed reasonable.
nicichiarasa 