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So, we start with the highest order objective, which I would describe roughly as "foster human flourishing on a short, medium, and long time horizon".
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Buckminster Fuller's definitioni of wealth: "Wealth is a person's ability to survive X number of days forward."*
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Since we know fossil fuels become increasingly expensive to extract as the easier to reach stores are depleted,..
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Else we could reduce consumption to match the replenishment from deep, hot abiotic sources.
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Finally, some projects just require public funds because there is no expectation of a reasonable return on investment, so private funding will never happen.
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I'm reminded of Eben Moglen's talk on Innovation Under Austerity.
archive.org/details/EbenMoglensFreedomToConnectKeynoteInnovationUnderA usterity
...and the whole free and open source movement:
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https://www.opensourceecology.org
Home | Open Source Ecology
We're developing open source industrial machines that can be made for a fraction of commercial costs, and sharing our designs online for free. The goal of Open Source Ecology is to create an open source economy - an efficient economy which increases innovation by open collaboration.
Machines
The Global Village Construction Set (GVCS) is a modular, DIY, low-cost, high
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*When I search for the reference DDG wanted me to see hightimes.com/culture/high-times-greats-buckminster-fuller/, a Regan-era interview by Robert Anton Wilson. The intro is a good background summary, and the interview starts out great:
High Times: In Critical Path, you say that there are now four billion billionaires living on Earth. Would you explain that?
Fuller: [Sternly] You didn’t read the book, sir.