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Old 07-03-2018, 06:28 PM   #2201 (permalink)
freebeard
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Advanced technologies vs advancing technologies AKA coal vs magic photovoltaic rocks.

Quote:
*History may record that the free market was one of the most stupid ideas man could have come up with,at least after 1776.Adam Smith never lived to see a time when man's technology and the 'invisible hand' could quite literally destroy the very resource base on which it derives it's sustenance.
*Our climate challenge is largely due in part to ignorance on the part of consumers.Which rewarded ignorant industries.Which is in part due to lack of education.Which is due in part to the investment portfolio of the educator's pension fund,which is financed by profits from pistons and internal combustion,etc.. There may come a time when we can no longer afford some of the 'natural' consumer freedoms we've enjoyed in the past up until now.Policy will have a lot to do with that.So far,hedonic adaptation is King.
Politics follows culture. The 'invisible hand' is not a bad concept, it just needs to be updated for the age of Artificial Intelligence. Bucky Fuller predicted that we would willingly fall in line. The only thing holding us back is nihilism.

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