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Old 11-22-2021, 05:01 PM   #461 (permalink)
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failed climate prediction

Global warming has tracked right along with GCM predictions since around 1990, when sulfate aerosols from coal-fired power plants were added to the models.
Anyone saying otherwise is unacquainted with the facts.

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Old 11-22-2021, 06:32 PM   #462 (permalink)
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power grid failure

The solution is to re-regulate the electric power industry, nationalizing all the infrastructure, with reimbursement. End all advertising. Fire all redundant administrative staff, and centralize operations, cutting operating costs to the bone.
As a citizen-owned utility, as it was during the golden-age of the US economy ( anyway), the engineers wouldn't be hamstrung by corporate bean-counters, obsessed only with quarterly profits to keep speculating day-traders invested in the shares.
If maintaining the grid, throughout a Carrington Event-like experience was deemed a priority, then the citizens would already be in a state of mind which resonated with a rate scale, commensurate with maintaining a stockpile of transformers required to bring the grid back online, in an expeditious manner.
Training would be a resident fixture within the rotating 'lineman' community. Parts would always be on hand, at the ready.
NASA would provide instantaneous notification of an impending event, leaving personnel as much possible lead time to mobilize.
Nationally - owned manufacturing could provide the hardware, at cost. No salesmen. No middlemen. No dozens of corporate logos. No television, radio, magazine, newspaper, ads. No junk mail. No lobbyists. No regulatory commission. Inverted-rate scale for all customers.
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Old 11-22-2021, 06:44 PM   #463 (permalink)
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Old 11-22-2021, 06:54 PM   #464 (permalink)
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I was surprised as anyone, however, when the numbers are all put under the microscope, capitalism fails in comparison to public ownership, for all but two industries ( retail and agriculture ).
Chicago School of Economics would have you think otherwise, but they'd be wrong.
The United States will never be able to compete on the world stage in the future, do to all the duplication of effort and waste built into the present system.
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Old 11-22-2021, 09:31 PM   #465 (permalink)
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Quote:
capitalism fails in comparison to public ownership
In such a system, where do innovation and disruption come from?

I worry less about the Chicago School of Economics than the Frankfurt School of Marxism.
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Old 11-22-2021, 11:03 PM   #466 (permalink)
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Old 11-23-2021, 03:58 AM   #467 (permalink)
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Yes public owned electrical utilities seem to be cheapest.
For example advagrid bought Maines public regulatory commission. They doubled, tripled residential power bills then cut the maintenance budget so outages are more frequent and last longer.
New mexico has one of the cheapest electricity rates in the country and the lowest consumer bills in the nation.
That appears to be at story virtually everywhere that goes from public utility to private dance.
If it ain't broke don't fix it.
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Old 11-23-2021, 10:00 AM   #468 (permalink)
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Quote:
Originally Posted by aerohead View Post
The solution is to re-regulate the electric power industry, nationalizing all the infrastructure, with reimbursement. End all advertising. Fire all redundant administrative staff, and centralize operations, cutting operating costs to the bone.
As a citizen-owned utility, as it was during the golden-age of the US economy ( anyway), the engineers wouldn't be hamstrung by corporate bean-counters, obsessed only with quarterly profits to keep speculating day-traders invested in the shares.
If maintaining the grid, throughout a Carrington Event-like experience was deemed a priority, then the citizens would already be in a state of mind which resonated with a rate scale, commensurate with maintaining a stockpile of transformers required to bring the grid back online, in an expeditious manner.
Training would be a resident fixture within the rotating 'lineman' community. Parts would always be on hand, at the ready.
NASA would provide instantaneous notification of an impending event, leaving personnel as much possible lead time to mobilize.
Nationally - owned manufacturing could provide the hardware, at cost. No salesmen. No middlemen. No dozens of corporate logos. No television, radio, magazine, newspaper, ads. No junk mail. No lobbyists. No regulatory commission. Inverted-rate scale for all customers.
Yep, let's put the Post Office in charge of everything.
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Old 11-23-2021, 11:57 AM   #469 (permalink)
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innovation & disruption

Quote:
Originally Posted by freebeard View Post
In such a system, where do innovation and disruption come from?

I worry less about the Chicago School of Economics than the Frankfurt School of Marxism.
1) it comes from the same individuals doing the innovation and disruption at the National Laboratories, Centers for Advanced Research, JASON, Rand Corporation, Cal Tech / Jet Propulsion Laboratory, Naval Research Center, and those we currently find in the public sector. Corporations don't innovate, individuals do.
2) as to Karl Marx, bear in mind that, his sidekick in the Communist Manifesto, Frederic Engels, was the son of a wealthy Lancashire, England, textile magnate. He'd seen corporate capitalism from the inside out. Just as Adam Smith. Both were against it.
We stand to lose the entire planet because of the ' freshwater economists.'
The reason they hate communism is that, they know that they can't compete against it. The reason they push for a communist USA. Just as predicted in 1976, by my Sociology professor.
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Old 11-23-2021, 12:03 PM   #470 (permalink)
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I understand a limited context, which within, one could draw conclusions, however, that has nothing to do with what I'm talking about.

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