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It's class warfare from the top down. Typical wages are stagnant because politicians and central banks have expended enormous amounts of effort on keeping them low or dropping.
Wealth is concentrating because politicians and central banks expend enormous effort on concentrating it.
Rising trade only matters to the extent that politicians often go out of their way to write the treaties governing that increase in ways that deliberately fuck over labor (ISDS. The emphasis on IP over tax enforcement, ect.)
TINA is a lie. All variants on TINA is a lie.
Every time you hear a new narrative why the way the suffering of the workers and little people of the world is necessary and unavoidable, remember - it is a lie.
There is nothing except malice preventing us from having a rising standard on living and employment based on improved recycling and manufacturing techniques. Atoms are infinitely recyclable, and energy is not scarce.
As ever, it's not that it's 100% wrong of course. But even some of the things that are right come from non sequiturs, which does not exactly fill you with confidence.
Earth provides enough to satisfy every man's need, but not every man's greed. Gandhi
Imagine this: Some captivated Elites take the Club of Rome Report seriously, and decide that global consumption of resources has to be reduced, even the global population perhaps. They literally see no alternative. Why would they have to discuss this thorny topic with masses in all countries? So they tell governments intimately: all ideologies, welfare aspirations, social values, human rights are nothing compared to having an inhabitable planet. And so the TINA reversal towards a Hobbessian struggle begins. The USSR block is quickly dismantled, the Western politics is slowly but consistently pushed by transparently mean conservative governments and charismatic Third Way moles. How it come that TINA forces emerged (and strengthened unopposed) since 1970-80s while the social, democratic post-WWII values were totally betrayed?
Surely, destruction of the environment is seemingly only accelerating in these last decades. Contrary to perceptible evidence and parsimonious logic, I have to assume here uncanny planning, obfuscation. Some people like to do whatever it takes, if the goal is inescapable. Ain't economic depressions more human than world wars? The disregard towards the long term sustainability is too comprehensive to be true, no? Would we here know limits of misdirection for that purpose?
Whatever the timeline for real results, social-economic policies have clearly shifted, and Tverberg's graphs depict that energy consumption is decreasing in UK, Spain, Japan, etc.
Now, if the motive was, "The world is screwed, so I'm going to steal as much as possible so that in the future, I know that I will live, and have the pick of the remaining plebes to be my slaves." But as far as a "save the Earth with a backhanded slap" narrative, neoliberalism makes no sense.
Not all wealthy Americans think that way. But. Some do.
Of course once they had acquired the skills, the Chinese set up their own factories with the same technology and the "borrowed" intellectual capital to effectively compete with the original out-sourcers. Too late, the out-sourcers realized their own technologies where being used to compete against them, and in many cases, sought to insource again or transfer to a less entrepreurial culture with less availale capital to replicate the technology.
Index of Frank's Diaries
by Frank Schnittger - May 14 11 comments
by Frank Schnittger - May 11 21 comments
by Frank Schnittger - May 16
by Oui - May 13 47 comments
by ARGeezer - Apr 29 25 comments
by Frank Schnittger - Apr 29 39 comments
by Oui - Apr 27 1 comment
by Oui - Apr 30 15 comments
by Frank Schnittger - May 16
by Frank Schnittger - May 1411 comments
by Oui - May 1347 comments
by Frank Schnittger - May 1121 comments
by Oui - May 9100 comments
by Oui - May 8
by ARGeezer - May 68 comments
by Oui - May 375 comments
by Oui - Apr 3015 comments
by Frank Schnittger - Apr 2939 comments
by ARGeezer - Apr 2925 comments
by Oui - Apr 284 comments
by Oui - Apr 2720 comments
by Oui - Apr 271 comment
by Oui - Apr 248 comments
by gmoke - Apr 24
by Oui - Apr 2355 comments
by gmoke - Apr 23