tag > Economics
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"Go Shopping" - George W. Bush's message to the American people in the aftermath of 911
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Winning is a question of perspective - Art from Russell Myers’s Broom Hilda
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Great power does not disappear but dissipates.
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The Tower of Basel houses the "Bank for International Settlements" (BIS) - The "central bank of central banks", a key institution of one of the most successful mafia organizations in contemporary western history 🐙
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Quantum superposition principle in the legal system: Is the Law Inherently Paradoxical?
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"Line Goes Up – The Problem With NFTs" is a 2h critical analysis video about NFTs. If the time is to valuable for you to spend on this topic (it should be, go visit a forest instead), here is my short Comment:
In the early 2000s, "P2P" Communities like "BitTorrent" thrived around the vision of making all media and knowledge accessible for everyone for free by removing key barriers and ending (artificial) scarcity. It was a radical departure from the age old philosophy of the dominate power "elites", defined by concepts such as Scarcity, Property, Competition, Surveillance, Policing - and above all, financialization & commercialization of everything.
After years of dirty fights by the "elites" and diverse "middle men" against the P2P, Commons and Open-Source movements, they seemingly have achieved dominance over the narrative once again. The result are things like NFT's, which implement the vision of creating more artificial scarcity by creating more (Intellectual) Property through more technological policing - and above all, more financialization & commercialization of everything. NFT's lead to a plethora of bad outcomes, including opening the (philosophical, cultural) door for all kinds of DRM maximalism nightmares, incl. patents on life.
Members of Hyperledger, indicative of the wider situation Despite the ubiquitous marketing messaging ("Decentralize power!"), unsurprisingly the hidden owners of the Crypto/NFT space are the same criminal gangs and empires of the 0.0001%, that have been running the show for centuries. Never forget rule N.1 of the blockchain: He who owns the biggest (quantum) computer and dominates the (power/fiber) networks, de-facto owns everything.
NFT's represent a massive failure of imagination. In the very moment that creating a post-scarcity, open-source, commons-based economy has become feasible, an entire generation has been enticed to become "wannabe investment bankers" engaged in a giant Ponzi Scheme instead.
More critique of Crypto & NFT's, here, here, here, here, here, here and here
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Kung Hei Fat Choi
Kung Hei Fat Choi is the auspicious Cantonese phrase most commonly heard in Hong Kong this week during the Lunar New Year. Kung Hei stands for congratulations, while Fat Choi literally means making a lot of money. The phrase was said to be originated in the Guangdong region during the Self-Strengthening Movement (1861–1895) in the late Qing period, where Chinese workers wishing their foreign bosses prosperity during the New Year so that they could get a bigger share of profits in the coming year.
(via saschazhk) #China #Culture #Economics
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“Innovative people do not need to be told to do it, they need to be allowed to do it.” ― Eric Schmidt
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Dialectic: Realize that all sides of the current struggle are influenced by the chaordic organisation 🐙
“What can oppose the decline of the west is not a resurrected culture but the utopia that is silently contained in the image of its decline.” ― Theodor W. Adorno
#Philosophy #History #Economics #Politics #Cryptocracy #fnord
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Today in "the fall of civilization":
🤡 "Sweden approves plan to bury spent nuclear fuel for 100,000 years" - Peak Human Hubris?
🤡 "The lawmakers note that U.S. airstrikes since 9/11 have killed at least 48,000 civilians with drone strikes alone accounting for 2,200, including 450 children." - Peak Military Industrial Complex?
🤡 The Road To Serfdom Part V: Pay No Attention To That Man Behind The Curtain
- 🤡 CIA Funded Experiments On Danish Orphans For Decades
- 🤡 Silence of the Lambs, MK-Ultra & Jeffrey Epstein
- 🤡 James C. Smith: Pfizer's Minister of Propaganda
- 🤡 Computers Uncover 100,000 Novel Viruses in Old Genetic Data
- 🤡 Federal judge ordered 13yrs of targeted discovery on all communications by Sheryl Sandberg and Mark Zuckerberg related to a cover-up on their largest breach of trust in company history.
- 🤡 Google deceived consumers about how it profits from their location data, attorneys general allege in lawsuits
- 🤡 AI’s 6 Worst-Case Scenarios Who needs Terminators when you have precision clickbait and ultra-deepfakes?
- 🤡 China's 'social credit' system ranks citizens and punishes them with throttled internet speeds and flight bans if the Communist Party deems them untrustworthy
- 🤡 A Truly Evil Golem: Billionaire Peter Thiel and his Palantir
- 🤡 James Pond: Chinese state news agency releases spoof mocking MI6 focus on Beijing
🤡 Epstein, Martin Nowak, Eric Lander, MIT & a very sinister genome project tied to the Covid test
#Technology #Biotech #Politics #Economics #Cryptocracy #Military
