Clinamenic

Binary & Tweed
ARK Invest and Cathie Wood seem to instantiate the sort of triple-bottom line capitalism, or at least convey such an ethos. I don't know the ins and outs of their portfolio, nor am I familiar with Wood as a person with a history, but from what I've seen they seem to be a step in the right direction.
 

sufi

lala
in world power terms, the US lost it generations ago, imho, this century has been about irrationally lashing out, rather than running things - reactionaries clutching at military action as a way to assert a position, any position, but not exercising a coherent policy or strategy, as no possible effective strategy exists
economically also the battle was over years ago, China's strategy to sit back and let the US mortgage itself has delivered
but it's really hard to get a clear view on all that here in the anglosphere, there's too much confusion
 

sufi

lala
ARK Invest and Cathie Wood seem to instantiate the sort of triple-bottom line capitalism, or at least convey such an ethos. I don't know the ins and outs of their portfolio, nor am I familiar with Wood as a person with a history, but from what I've seen they seem to be a step in the right direction.
yeah, we all need to drift in the right direction and triple bottom line might be part of that, something's got to give doesnt necessarily mean a sudden change, the trouble is the vested interests are digging in for a fight, so the revolution is increasingly inevitable
 

Clinamenic

Binary & Tweed
To expect major financial players to sacrifice a substantial amount of capital is to expect the exceptional, regardless of how obvious the ethics may be. If they gain substantial cultural capital, ie reputation, then such expectations become somewhat more realistic, in my opinion.

Between entrepreneurial creativity and political incentivization of such creativity in certain areas, I think we have the basis for a gradual transition into a more conscientious phase of capitalism.

Beyond the sort of protracted adolescence we seem to be suffering from presently, wherein short-term financial reward is chosen at the expense of long-term wellbeing, especially when the wellbeing is that of other humans.

I only have limited insight, and hindsight at that, into the maelstrom of complexity and confusion of risk that seemed to define the sub-prime mortgage crisis, but I think it is straightforward to appreciate that whole scene as symptomatic of the kind of adolescence I am talking about.
 
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Clinamenic

Binary & Tweed
If we are talking about high-profile actors in multinational financial institutions with AUM that rival nations (edit: rival nation's GDP that is, although I'm unsure how useful a comparison that is), then of course the prospects of negotiation are heavily dependent on groundbreaking cleverness and innovation.
 
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Clinamenic

Binary & Tweed
yeah, we all need to drift in the right direction and triple bottom line might be part of that, something's got to give doesnt necessarily mean a sudden change, the trouble is the vested interests are digging in for a fight, so the revolution is increasingly inevitable
Yes, cognitively compromised as their wielders may be, guns are guns. No shortage of either here.
 

luka

Well-known member
more work units mean bigger economy mean more muscle on the international stage means more guns. in theory.
assuming you can make most of them economically productive, assuming you can feed them, assuming you can keep them
from rioting. sid meirs civilization.
 
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luka

Well-known member
lots of assumptions. and also assuming great power competition of this nature is the inevitable path the future takes.
 

Clinamenic

Binary & Tweed
But there also seems to be the tendency for power, as economies become more interdependent, to become more economic (tariffs, sanctions, whatnot) and diplomatic in nature, or at least more about the posturing of force than the exertion of it. Not without gruesome exception, of course.

But just the notion of a bunch of bodies swelling up and interlacing on a rock that isn;t getting any bigger, the prospects of violence just seem more catastrophic and untenable as mere local engagements.
 

luka

Well-known member
Yes, and it sounded like you were advocating a demographic arms race.
its not a mad idea. but i do wonder how he squares it with his other idea, also not mad, that 99% of the populations of advanced economies (ie everyone who hasnt learned to code) are about to become surplus to requirements and need to culled, humanely or otherwise
 
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version

Well-known member
Is he actually advocating it though, or just saying he thinks that's what needs to happen for America to claw back the top spot?
 
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Clinamenic

Binary & Tweed
Yeah there seems to be much miscommunication in distinguishing prediction from advocacy, in general I mean. When talking about such complex things.
 

Leo

Well-known member
the world would come to a grinding halt if it only consisted of "people who code". there's much more to keeping a business, government or society flowing.
 

luka

Well-known member
its not remotely complex its terrifically simple. sufi and washyourhands are going, but thats terrible we cant have more people,
which might also be true but it doesnt negate the logic of the thing. its just bewailing it.
 
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Clinamenic

Binary & Tweed
the world would come to a grinding halt if it only consisted of "people who code". there's much more to keeping a business, government or society flowing.
I agree, but I also detect an almost undeniably profound edge to be had in such literacy. Some humans are literally writing the realm that we are all increasingly inhabiting.
 
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