5 votes

Topic deleted by author

3 comments

  1. skybrian
    Link
    I suspect the author is attempting to explain unhappiness due to cultural pessimism but doesn't realize it. They try to blame inflation on shortages due to big picture limits: "the planet can’t...

    I suspect the author is attempting to explain unhappiness due to cultural pessimism but doesn't realize it.

    They try to blame inflation on shortages due to big picture limits: "the planet can’t give us the same amounts of food, clean air, energy, water, everything made from them." (These things are not the same.) Or maybe it's because of "monopolies," implying that shortages are artificial? Then it moves on to assuming that AI is going be the end of all jobs. But that's mostly about the future, and we don't know what's going to happen.

    Also, they want to say things about the average person, but there is no average person. There many wealthy people, enough to push up prices in some places, and there are also people struggling to make ends meet.

    6 votes
  2. tildin
    Link
    Interesting article, but it seems like just a repeat of many of the "current themes". The author presents the idea of us ushering into some new economic age (The Age of Extinction), mainly...

    Interesting article, but it seems like just a repeat of many of the "current themes". The author presents the idea of us ushering into some new economic age (The Age of Extinction), mainly characterized by economics' lack of "point" - "our economies don’t have a point anymore". Well... while I agree that the ongoing COVID-19 pandemic is unprecedented for our times, it's just another pandemic. There is an interesting mix of technological advances and social factors that are "unprecedented", but this is just a truism - it could be argued the Black death is the cause of some of our positive social improvements, or easily shown that the Spanish flu aided by advances in weapons technology during WWI utterly changed the world - but... this is just a truism.

    In the end I don't think the article presents anything new, but it's certainly interesting and I've given umair haque a quick look.

    1 vote
  3. gkmcd
    Link
    You could say neoliberalism has failed, but that's not right - it's been a raging success for those who drove it. Maybe you could say that neolibralism has failed to deliver what was promised, but...

    You could say neoliberalism has failed, but that's not right - it's been a raging success for those who drove it. Maybe you could say that neolibralism has failed to deliver what was promised, but those promises where never made in good faith, or believed by anyone.

    Now it's inescapable to everyone that the emperor is naked, and we all just shrugged, because nobody ever really believed he was clothed anyway.

    1 vote