Showing posts with label Capitalism. Show all posts
Showing posts with label Capitalism. Show all posts

Tuesday, February 17, 2009

General Motors seeks US$30b to avoid failure.

Have the Governments of the world forgotten how economics works?

If you can't sell enough product to survive then you have no right to be here. What the Governments of the world are doing is allowing business to believe they have rights outside of operating in a market. OK, there is an economic downturn. But ask yourself why? I'm not going to answer that but what I will say is this.

The post-war project of endless economic growth and the resultant suburban dream is over. We won't be resuming revolving credit anytime soon. The growth cycle is over. And I'm not talking about the supposed 7 year residential property cycle. I'm talking the industrial/information age in its current disguise, is over.

Ok, lets assume the US Govt prop up General Motors with a $30b bail out. Then what? Who's buying cars?

Remember how much oil was per barrel before this fiasco all started? I'll ask again, what do you think caused this "economic collapse" in the first place.



Wednesday, February 04, 2009

mala tempora currunt

PhD update (now there's an excuse for not blogging)

Is there a rule that every blog entry should begin with a (Smiths) song lyric, or a latin phrase?

I've omitted the song lyric and I couldn't figure out the latin for "told ya so". And anyway that sounds petty and immature, and as readers, you will no doubt be aware, that I'm trying to not do petty and immature anymore. Call it a New Years resolution if you like.

Well, when I s
ay every blog entry, I guess I mean... um, just my blog entries. I wouldn't expect that rabble of kiwi political bloggers - the boring lot that seem obsessed with blogging about current affairs and what John Key is doing and etc. That incestuous crowd that all quote each others blogs and use such tiresome bloggese like, "hat tip", or "blog roll". oops there's me going all petty again. (yes, that was meant to be so unfunny as to be funny - weird how circular humour can be)

Mala tempora currunt means something like bad times are upon us.

Upon me I mean, no I'm not talking about the "credit crunch" or the "global downturn", "banking crisis" (whatever), we "talked ourselves into this recession" don't you know. And we're now busily talking ourselves into a depression (apparently) - yippee. I love natural disasters, I remember racing off to view the Hutt River in full flood as a kid wondering what it would look like if it actually broke it's banks. I remember in my mid 20s being fascinated by
an approaching "dangerous" cyclone whilst living on the Gold Coast.


Perhaps a Samuel Butler quote would work. I discovered this by reading Norbert Wiener's, Some Moral and Technical Consequences of Automation. Wiener is generally credited for bringing to our attention, in the 1950s, computer ethics - he contended that "machines can and do transcend some of the limitations of their designers (and today we'd probably have to add, their users) and that in doing so they may be both effective and dangerous".

However, Butler's predictions were far more extreme - in 1863 he wrote an essay which was published in the Christchurch Press, he said

Day by day, however, the machines are gaining ground upon us; day by day we are becoming more subservient to them; more men are daily bound down as slaves to tend them, more men are daily devoting the energies of their whole lives to the development of mechanical life.

I think it was, to some extent, Butler who inspired Wiener. A few years ago I walked past Butlers Forest Stream hut. Forest Stream is a tributary of the Rangitata, it runs up into the Two Thumb range, for a summer expedition i traversed the range solo - a far more satisfactory pursuit than blogging under any conditions. Which reminds me, I need some mountain time. I didn't go up to Butlers hut, it was on the other side of the river and I didn't feel like crossing it - not that it was overly dangerous, just the previous year I'd had a minor scare in a swollen MaCauley river (on the Lake Tekapo side of the two thumb range) and crossing swiftly flowing streams unecessarily (a kind of natural disaster) wasn't on my wish list.

Anyway, back to the writing. (progress report - literature review of Information Ethics)

Monday, March 19, 2007

Planet of Slums

Jeremy Harding gives a great review of Mike Davis' Planet of Slums - here is a snip:

Homogeneity, Davis would argue, is what late capitalism does: already a billion people live in roughly the same extraordinary way in roughly similar environments. Vast, contiguous slums are the habitat of the future for even larger numbers, yet the future looks more and more like it did the day before yesterday.

By 2015 there will be at least 550 cities with a population of more than one million.

Already this aggregate population is growing ‘by a million babies and migrants each week’.


The peak will come in 2050, when ten billion people, by then the great majority of humankind, will be living in cities: ‘95 per cent of this final build-out of humanity will occur in the urban areas of developing countries, whose populations will double to nearly four billion over the next generation.’ ...



On another front I picked this superb little article up from Antonio Lopez's blog Media Mindfulness.

Friday, February 02, 2007

Clueless Fuckwittery Continues Unabated.

The Intergovernmental Panel on Climate Change report issued Friday argues that the effects of anthropological emissions on climate will be with us for 1000 years. Worst case scenarios involve millions dead and trillions of dollars lost, extreme weather, droughts, wildfires, melting ice sheets, sea level rises, hurricanes - roll out the usual suspects.

However those clinging to a business as usual fantasy still don't get it. NZ Business Council for 'sustainable' development - read that as sustain economic growth at all and any costs, view the report as "an exciting opportunity" what a pack of clueless fuckwits - this is like arguing complete and utter chaos and anarchy is an exciting opportunity for looters, thugs or, freely accessible Rohypnol an exciting opportunity for sexual predators.

The Business Council for Sustainable Development says "a gloomy attitude towards climate change is not helpful". Oh dear me, somebody should tell those pesky scientists that reports like this just ain't good for business. Can they please tart up the message or at least hire Satchi to market the report with a positive spin.

Responses such as this just go to show how much the gap between science and popular culture has grown. We live in a world where personal success is determined by how much money you have, or how big your car or house is. Where technology like the calvalry will come to our rescue, where "they" will come up with something "won't they". Opportunity and sustainability have been hijacked by those seeking to increase their wealth out of others misfortune.











Tuesday, December 05, 2006

Joe Bennett and Asian Knickers

I've always like Joe Bennetts humour, ironic, satirical and kiwish. This article suggests, him and I, we're on the same team - on ya Joe.

Monday, December 04, 2006

Closing the Collapse Gap
by Dimtry Orlov


Article Sourced from Energy Bulletin

Highly recommended compelling reading !

Thursday, November 30, 2006

Nicky Hager: Late-Capitalisms True Punk Rocker
Published on 1st Dec on Scoop

The fetish we call “freedom of speech” is resolutely defended in particular, we note, by the liberal right. Yet this creates a very uneasy tension. The pretence of the rational, utilitarian individual, very much aware of how things really are is contrasted heavily against the embodiment of the renounced belief in the fetish. We the public readily and eagerly (pretend to) accept the reality regurgitated weekly in the tabloid (and mainstream) press – a self-increasing spiral of production which perpetuates the very market it is responsible for creating, generating in the process of all manner of titillating, facile shite that many claim, we have the “right to know” – no matter how distasteful it is.

Hager playing the NZ media like Nintendo, is NZs answer to Malcolm McLaren, a rude, brazen punk with little regard for the public, politicians, the media or the truth. According to McLaren, “Stealing things is a glorious occupation, particularly in the art world”. Clearly we observe Hager at the peak of his art form, it’s hard not to admire his gall. The creation of a narrative that can topple political parties, must have the marketing gurus in a right tiss. In a world where the public gobble up any and all debris dished up to them by the braindead media - we deserve Hager, we need him and, we created him.

We live within an era of ambiguity between surplus-value and surplus-enjoyment. At the apogee of post-industrialism, a directionless society generates and consumes its own myths bringing forth into existence Marx’s vision of late capitalistic production – production creates the need for the consumption of the products it creates. Nicky Hager embodies this irony of capitalism. It’s hypocritical of those individuals who would enjoy the spoils of the fetish of freedom of speech, the West’s most overrated idea, whilst sneering at Hager. The great irony of capitalism, predicated on freedom, is that its most adherent proponents compulsively re-enslave themselves to its spoils. (cp. US’s entrenchment in a war against the "theft of enjoyment"). One can't help but wonder at the intellectual moralising of those that worship this fiasco. It's called freedom people, and it has you in chains.

In respect of Truth, it is irrelevant. Truth isn’t what Hager is about, Truth isn’t what anything is about. Truth is always balanced against the compulsion to enjoy. The stronger consumptive desire deprives us of autonomy turning us into clowns; it dresses us like babies and shoddier still – renders us manipulated, craving and drooling puppets.

The idiotic jouissance over Hager’s book is contra-posed against libertarian capitalistic ideals manifest in our so-called free “society of consumption”. We are obsessed with celebrity and scandal, we applaud individualism and freedom, we condemn governmentally imposed orders, yet seemingly the loudest cry of injustice regarding the Hager incident comes from the very group defending such idealism – no doubt because it has toppled their champion. I’m reminded of the old Marxist claim: capitalism unleashes a contradictory dynamic that it cannot contain. The ultimate obstacle to capitalism is capitalism itself.

Sunday, November 26, 2006

Wednesday Morning Ramble, 29 Nov.

Seeking my muse, or in order to find inspiration to write about this I browsed PCs blog - the fatuous nature of a lot of his content usually irritates me enough to write, for that I guess he deserves thanks. Sure enough I found inspiration in footnotes titled Saturday Morning Ramble, 25 Nov. The informal blog begins with this rather facile truisim (paraphrased).

As the world becomes more technologically, scientifically and economically advanced ... what?

The overweening gleeful pride in this statement almost made me gag. And so an inspired rant begins.

I was reminded of my drive from Canberra to Sydney after meeting with my PhD supervisors in late August this year. Scrub and Australian gum trees skirt the road for hundreds of kilometres until you hit the hideous chain store corridors and seemingly endless "nappy valley" subdivision developments that is Sydneys 1.5 hour commute exurban sprawl. At one point, during the drive, I glanced at the road shoulder. The verge was littered with empty plastic and glass bottles, plastic bags, confectionary and fast food wrappings, all manner of trash. Kilometre after kilometre this continued. People (Australians), with absent regard, simply toss their rubbish out of their vehicles as they speed along at 110k towards Sydney, creating a roadside rubbish tip.

It makes me think this unrelenting march towards technological, scientific and economic utopia is ultimately a race to process as much natural resource turning it into eventual landfill (or highway verge) fodder as quickly and efficiently as possible - and this is supposed to be a good thing. I notice Walmart is entering the Indian market - in a bizzare kind of uroborian feedback cycle - the west sells the same shit back to those that produce it and steel the profit from the exercise.

Technological, scientific and economic advance blurs the senses, it distorts our sense of place within the world. It separates us and socialises away our connection with nature. The ultimately doomed project, apollonian idealism, is the driver of technological, scientific and economic advance - the re-birth of tragedy, hedonistic out of control desire surrenders to technological gadgets and the faux status symbols that fill the chain stores. It has turned us into clowns, made a circus of civil society, it dresses us like babys.

Western society knows by seeing. This perceptual vice is at the heart of our culture responsible for producing everything from monstrocities of titanic proportions to the electronic baubles and trinkets that consume us. Our attempts to distance ourselves from Darwinian waste and squalor drive us toward clown-like idiotic ritualised behaviour overtly emphasised in late-capitalisms consumptive society. Browsing with serious concern the endless array of crap we consume which don't actually meet or satisfy any actual need but indeed create the need they claim to satisfy.

The great irony of Capitalism, predicated on freedom is that its most adherent proponents compulsively re-enslave themselves to its spoils. (So much so that the US are now entrenched in a war against the "theft of enjoyment"). One can't help but wonder at the intellectual moralising of those that worship this fiasco. It's called freedom people, and it has you in chains.