Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Both Public=State and Private=Plc are obsolescent because conventional finance capital is simply unnecessary.

unnecessary? it's toxic, a baited debt-trap. it's what your mother should have warned you about.

it's like a guest who always takes more than is given, a cold-hearted chiseler who starts off pretending to be in good faith, leaving you to discover different in time as the cog-diss bites deeper, and you start paying interest on the interest with no end in sight, just a growing weight and sense of indenture to rentiers.

you can invent any new way you want, but until capital figures out a way to enslave it, brute force will be used to ensure it gains no traction, while the public's eyes roll and glaze perusing the byzantine arcanity of the language needed to keep the stark truths from being self-evident enough to enrage enough people to a sufficient incandescence that change will bust through like a mushroom through cement.

i think the problem with your energy units has nothing to do with the idea's viability per se, it's that it presupposes the ability of good sense to predominate over the borg's assimilation of the finest mathematicians, probabilists, odds estimators and margin-hunters, all beavering away for all the wrong reasons behind an array of the best liars money can buy.

we are an astonishingly naive, immature species, for the most part successfully programmed to be led by the nose like so many pigs to market.

you have the dubious honour of being a century ahead of your time, at present rates of evolutionary human self-awareness.

that century will largely consist of a few visionaries pointing to a wiser course and explaining the jargon to help mass self-education of the electorate, as (much like how some prisoners use their time in prison to study the law) we pawns use the downtime of unemployment to study exactly how we ended all herded into debt corrals anyway.

and then read Faust again...

'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty

by melo (melometa4(at)gmail.com) on Sun Sep 8th, 2013 at 05:25:10 AM EST
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