[continued from previous message]
https://nationalvanguard.org/2015/07/why-capitalism-fails/
And it is saying the following about why capitalism fails:
"Capitalism permits inheritance, the command transfer of private
property to a designated new owner upon the death of the previous owner.
And therein is the flaw: inherited wealth isn’t earned by its owner, yet
it leads to a class segregation of men that has nothing to do with how
much wealth they have earned; i.e., nothing to do with how much or how
well or how significantly they have worked."
I am a white arab and i think i am smart since i have invented many
scalable algorithms, and i will answer with my fluid intelligence: I
think the above article is not taking into account the risk factor and
and the smartness factor, so there have to be mechanisms, that are like engines, that "encourage" to or/and "make" a part of the people work by
taking risks or great risks and by doing there best (so that to become
rich) or/and that "encourage" to or/and "make" the smartest to give
there best with there smartness (so that to become rich), so i think capitalism has those mechanisms in form of rewards by allowing to become
"rich" and in form of rewards by allowing inheritance, the command
transfer of private property to a designated new owner upon the death of
the previous owner: Since it "encourages" to or/and "makes" a part of
the people work by taking risks and by doing there best (so that to
become rich) or/and it encourages to or/and makes the smartest give
there best with there smartness (so that to become rich).
And notice that i am also defining taking a "risk" as working "hard".
And the above article is saying the following:
"Capitalism constantly looks for ways to reduce labor costs. Automation
made human labor less necessary than it had been when capitalism first appeared. When automation did appear, people who had the talent, the
skills, and the motivation to make contributions began to find no jobs,
or to become uncompetitive with mass-production if they tried to employ themselves."
I think it is not true, because read the following:
https://singularityhub.com/2019/01/01/ai-will-create-millions-more-jobs-than-it-will-destroy-heres-how/
And read the following:
Here is the advantages and disadvantages of automation:
Following are some of the advantages of automation:
1. Automation is the key to the shorter workweek. Automation will allow
the average number of working hours per week to continue to decline,
thereby allowing greater leisure hours and a higher quality life.
2. Automation brings safer working conditions for the worker. Since
there is less direct physical participation by the worker in the
production process, there is less chance of personal injury to the worker.
3. Automated production results in lower prices and better products. It
has been estimated that the cost to machine one unit of product by
conventional general-purpose machine tools requiring human operators may
be 100 times the cost of manufacturing the same unit using automated mass-production techniques. The electronics industry offers many
examples of improvements in manufacturing technology that have
significantly reduced costs while increasing product value (e.g., colour
TV sets, stereo equipment, calculators, and computers).
4. The growth of the automation industry will itself provide employment opportunities. This has been especially true in the computer industry,
as the companies in this industry have grown (IBM, Digital Equipment
Corp., Honeywell, etc.), new jobs have been created.
These new jobs include not only workers directly employed by these
companies, but also computer programmers, systems engineers, and other
needed to use and operate the computers.
5. Automation is the only means of increasing standard of living. Only
through productivity increases brought about by new automated methods of production, it is possible to advance standard of living. Granting wage increases without a commensurate increase in productivity
will results in inflation. To afford a better society, it is a must to
increase productivity.
Following are some of the disadvantages of automation:
1. Automation will result in the subjugation of the human being by a
machine. Automation tends to transfer the skill required to perform work
from human operators to machines. In so doing, it reduces the need for
skilled labour. The manual work left by automation requires lower skill
levels and tends to involve rather menial tasks (e.g., loading and
unloading workpart, changing tools, removing chips, etc.). In this
sense, automation tends to downgrade factory work.
2. There will be a reduction in the labour force, with resulting
unemployment. It is logical to argue that the immediate effect of
automation will be to reduce the need for human labour, thus displacing workers.
3. Automation will reduce purchasing power. As machines replace workers
and these workers join the unemployment ranks, they will not receive the
wages necessary to buy the products brought by automation. Markets will
become saturated with products that people cannot afford to purchase. Inventories will grow. Production will stop. Unemployment will reach
epidemic proportions and the result will be a massive economic depression.
More philosophy about Biden plan to raise taxes..
I invite you to read the following very important article:
https://www.nytimes.com/2020/10/18/business/biden-tax-plan-economy.html?auth=link-dismiss-google1tap
I think that Biden plan to lift the cap on wages subject to the payroll
tax that funds Social Security will not punish small-business owners and
reduce hiring, since look at the following paper about Small Business:
https://cdn.advocacy.sba.gov/wp-content/uploads/2019/04/23142610/2019-Small-Business-Profiles-States-Territories.pdf
So if you look carefully at the paper above about Small Business, you
will notice that those Businesses that will have some difficulties with
the Biden plan are Small Business with fewer than 20 Employees, but
those Businesses that have 20 and fewer employees are a small fraction
of all the Small Businesses in USA, so i think they will have a small
negative effect, but the others that have 20 and more employees are much "capable", so i think they will be able to continu to hire and create
jobs, so i am confident with the Biden plan.
More philosophy about unequal distribution of income and opportunities
in USA..
As you have just noticed i just said the following:
I invite you to read the following interesting article:
How the American dream turned into greed and inequality
https://www.weforum.org/agenda/2017/11/the-pursuit-of-happiness-how-the-american-dream-turned-into-greed-and-inequality/
Here is the policy fixes for unequal distribution of income and
opportunities in USA: One of them is taxation, combined with investment
in productive infrastructure and education.
And notice that even Bill Gates is saying that a part of the solution to unequal distribution of income and opportunities in USA is to raise
taxes of the rich, read the following to notice it:
What billionaires said about wealth inequality and capitalism in 2019
https://www.cnbc.com/2019/12/31/what-billionaires-said-about-wealth-inequality-and-capitalism-in-2019.html
So I think president Biden and its government have good policy fixes for unequal distribution of income and opportunities in USA, since the Biden
plan would increase tax rates for individuals whose incomes are $400,000
and higher as well as for corporations which also would be subject to a
new minimum tax on book income, also the Biden plan will invest in
productive infrastructure, read here to notice it:
https://www.enr.com/articles/51027-biden-major-infrastructure-plan-is-on-the-way
More political philosophy about the what to expect from Biden-Harris
government and ideology..
I have just looked at Biden-Harris ideology and i think that
Biden-Harris government and ideology are smart and democratic(
read my below thoughts about Democracy to understand) and progressive,
you can notice it by for example reading the following article:
https://www.brookings.edu/blog/techtank/2020/08/13/what-to-expect-from-biden-harris-on-tech-policy-platform-regulation-and-china/
So as you are noticing that Biden-Harris are smart people because
i think that to be successful in the future you have to spend much more
on digital infrastructure, and this what Biden-Harris will do, so as you
notice that the above article says the following
2- HIGHER SPENDING ON DIGITAL INFRASTRUCTURE AND ADOPTION PROGRAMS
Inadequate and inequitable access to high-speed broadband prevents
ordinary citizens from benefitting from the new economy. Our research
has noted that basic digital infrastructure increasingly is required to
access telemedicine, engage in online learning, apply for jobs, or get
loans and mortgages. A Biden-Harris ticket could make closing the
digital divide a national priority, especially for vulnerable urban and
rural populations where obstacles in network deployment, affordability,
and adoption still exist.
So as you are noticing that Biden-Harris are smart people because
they want USA to be efficiently prepared to take advantage of
the exponential progress of capitalism and to be much more apt and
efficient in learning and education so that also Democracy works
correctly(so we have to be much more optimistic about USA), read the
following very interesting article to understand more:
Capitalism switches from linear to exponential growth
http://parisinnovationreview.com/articles-en/capitalism-switches-from-linear-to-exponential-growth
Also Biden-Harris government and ideology want more competition and
less confrontation with China..
Also Biden-Harris government and ideology want a greater tech
regulation, so i think it is smart since i have also just spoken about Antitrust laws etc. so i invite you to read my following thoughts to
notice it:
More political philosophy about wich ideology to follow..
In political philosophy we can ask a question of:
Wich kind of ideology to follow ?
But i think that a smart answer to this question is also to answer the
question of:
Wich ideology to not follow ?
This is why you are also noticing that also my way of doing
is that i am also answering the question of: Wich ideology to not
follow, read my following thoughts to notice it:
More political philosophy about my new smart proverb..
As you have just noticed i have just written a new proverb, and
here it is:
"R&D (Research and development) and innovation bring
or introduce a kind of economic volatility, so you
have to know how to manage it and how to manage the
risk brought by it, so then you have to know how to manage
efficiently by not hurting good competition"
Note that "volatility" in the the dictionary means:
"A tendency to change quickly and unpredictably"
Read more here to notice it:
https://www.merriam-webster.com/dictionary/volatility
This new proverb of mine also says that since the R&D (Research and development) and innovation bring or introduce a kind of economic
volatility, so we have also to know how to manage it carefully and
efficiently with Antitrust laws, and here is the why of Antitrust laws:
"Antitrust laws are statutes developed by governments to protect
consumers from predatory business practices and ensure fair competition. Antitrust laws are applied to a wide range of questionable business
activities, including market allocation, bid rigging, price fixing, and monopolies."
This new proverb of mine is also related to the below problem that
brings nationalism and its economic nationalism that hurts good
competition, read about it carefully in my below writing and thoughts:
More political philosophy about what are the big economic problems of
China?..
I am a white arab, and i think i am smart since i have also
invented many scalable algorithms and algorithms..
Here is the big economic problems of China:
First economic problem is that China is addicted to debt, look at the
following video to notice it:
https://www.youtube.com/watch?v=IT7DTn9PKLw
Second economic problem is that China has Not enough PEOPLE for the
FUTURE, look at the following video to notice it:
https://www.youtube.com/watch?v=y4qFVuXEe-8
Third economic problem, is that China has the same problem of
nationalism and its economic nationalism that hurts good competition
that brings efficiency, and here it is, read it carefully:
Why is GERMANY Growing More Than JAPAN? and more about China...
I am a white arab, and i think i am smart since i have also
invented many scalable algorithms and algorithms, and today
i will speak about: Why is GERMANY Growing More Than JAPAN?
and more..
We have to be more smart, i think China is also reproducing the
mistakes of Japan, because Japan has protected its large industrial conglomerates called in Japanese "Keiretsu" and Japan has
compensated there disadvantages even if they were not efficient, and
Japan didn't hesitate to give the Keiretsu all kinds of advantages and privileges even if they were not efficient, and this was not good for "competition" and Japan has "failed" by doing it.
Look in this video carefully to notice it:
Why is GERMANY Growing More Than JAPAN? - VisualPolitik
https://www.youtube.com/watch?v=vou96yLuWXw
I think this is the same that is happening with China, since i think
China needs an efficient mechanism that protects correct "competition"
that brings good efficiency, read the following to notice it:
Competition: Europe's awakening in the face of foreign subsidies
Our state aid rules are very strict: an EU company can only receive
grants of up to € 200,000 over three years. In China, the three 5G
operators received 19 million euros each through the megalopolis of
Shenzhen (12 million inhabitants)… According to the Wall Street Journal (article of December 25, 2019), Huawei would have benefited from 75
billion state aid via different channels, figures denied by the company.
State capitalism of China obviously raises the question of the inequity
of world competition ...
The direction the Commission is taking through the "white paper" is not
this at all. The Commission does not seek to copy the Chinese model by
favoring subsidized European champions. She does not deny her position
in the Siemens-Alstom file. Margrethe Vestager was very clear on this
point: “What we are asking for is reciprocity and conditions of
equality. […] We are not going to sacrifice the advantages of
competition to do the same thing that others do, namely to subsidize
companies. No, because we would sacrifice the idea that the market is
there to serve consumers with fairness and fair prices. "
Read more here:
https://translate.google.com/translate?hl=en&sl=auto&tl=en&u=https%3A%2F%2Fwww.lepoint.fr%2Fpolitique%2Femmanuel-berretta%2Fconcurrence-le-reveil-de-l-europe-face-aux-subventions-etrangeres-18-06-2020-2380631_1897.php
And to know more about nationalism and economic nationalism, read my
following thoughts:
My today talk is about white supremacism and neo-nazism and the
far-right and nationalism.
So the first philosophical question is how to talk about
those above ideologies?
I think that it is also like a Mensa IQ test, so since i think i am
smart, i have to use my smartness to solve the Mensa IQ test, so when
you are smart, so how can you solve the problem(that is like a Mensa IQ
test) of those above ideologies ? i think that i have first to detect
the important pattern with my fluid intelligence, and i have to see
clearly the pattern(like for example getting into the details from the abstraction of the pattern), and the important pattern is the following:
Notice that it is like an optimization problem of artificial
intelligence that looks like PSO(Particle Swarm Optimization), it is
what we call Swarm intelligence, and in PSO(Particle Swarm Optimization)
there is what we call local optimization that we call exploitation, and
there is what we call global optimization that we call exploration(read
about PSO in my thoughts below so that to understand), so if PSO is not balanced correctly with exploitation and exploration it can not converge
to the global optimum, we say that PSO has to guarantee the optimal convergence, so if it is not correctly balanced with both exploitation
and exploration it can get stuck in a local maximum and not to converge
to global optimum, so then notice that with logical analogy, exploration
and exploitation of PSO(Particle Swarm Optimization) is in philosophy
like seeking the right balance between individualism and collectivism
that guarantees the optimal convergence like in PSO, or it is like
seeking the right balance between collaboration and competition that
guarantees the optimal convergence like in PSO, so then since the above ideologies are nationalism and nationalism is too much local
optimization and lack of global optimization , it is too much
competition and lack of collaboration or cooperation, so it is by
logical analogy like too much exploitation and lack of exploration in
PSO, so this is not good and here is how to notice it , read the following:
Read the following article about economic nationalism:
Rise of Economic Nationalism and Its Implications
https://www.lewisu.edu/experts/wordpress/index.php/rise-of-economic-nationalism-and-its-implications/
Notice that it says the following:
"Countries benefit with cooperation between countries to mutual benefit, becoming too nationalistic at the expense of its partners is
counterproductive. It is an approach that creates conflict. Being more nationalistic tends to be a zero sum game in an increasingly
interdependent world economy, where countries depend on other countries
for their economic and political and national security well being. When companies cooperate, they can become more competitive. When they are
more competitive, they hire more workers, pay higher salaries, and
otherwise contribute to economic growth. Economic nationalism is a bad
policy."
So a you are noticing that nationalism is not the right way to do.
This is why i also said the following:
More political philosophy about globalization and nationalism..
I am a white arab and i think i am more smart, so today i will
talk about a very important subject about Globalization and nationalism,
so i will invite you to look at the following video of Marine Le Pen of
the far-right political party in France:
Marine Le Pen explains why nationalism is important
https://www.youtube.com/watch?v=fNpI9wKnE8Q
As you notice that Marine Le Pen is saying in french that the
fight today is between nationalism and globalization, since
Marine Le Pen says that globalization is a treat to national
identity and is a treat to national sovereignty, but i think that Marine
Le Pen is not understanding correctly globalization, since i think that nationalism is too much competition and communism and socialism is too
much collaboration , so i think the best way is to seek like a balance
between collaboration and competition and when we look
at globalization you will notice that we are collaborating with others
by for example sharing Open Source softwares or Free softwares or PhD
papers or knowledge on internet etc, and we are also competition by not collaborating with others, and with this new kind of model we are
noticing that we are not just one identity like being french, but we are becoming multiple identities because this kind of new model is making a
part of us that collaborate "universal", and this is why i think that
Marine Le Pen is not understanding correctly this new kind of model of
like seeking a balance between competition and collaboration , and i
think that this new model is better because it is more efficient ,
because i think this partly collaboration of this new model is good and
more efficient for creativity, innovation, adaptability and speed of
progress, i also think in capitalism the price of internet has gotten
cheap and the price of computers has gotten cheap, so we are able today
to access internet with a low price and benefit from "collaboration" and
also sharing in internet, for example look at me, i have invented many
scalable algorithms and i have decided to share some of them with the
others, and it is of course collaboration , so look for example at my
following inventions of scalable algorithms that i have shared with
others, here they are:
https://sites.google.com/site/scalable68/scalable-mlock
https://sites.google.com/site/scalable68/scalable-reference-counting-with-efficient-support-for-weak-references
https://sites.google.com/site/scalable68/scalable-rwlock
https://sites.google.com/site/scalable68/scalable-rwlock-that-works-accross-processes-and-threads
https://groups.google.com/forum/#!topic/comp.programming.threads/VaOo1WVACgs
https://sites.google.com/site/scalable68/an-efficient-threadpool-engine-with-priorities-that-scales-very-well
Also i have decided to not share others of my scalable algorithms and it
is competition, so i am seeking like a balance between collaboration and competition.
More of my philosophy about what is a successful country..
I invite you to look at the following interesting video:
Why Israel is a Tech Capital of the World
https://www.youtube.com/watch?v=RuPx61911Oo
I think that this jewish from Israel that is talking in the above video
is not thinking correctly, because there is two important things that
you must have so that a country be successful: Capital and talents, the
above video is making a mistake by saying that you need the two so that
to be successful, i mean it is saying that you need Capital and talents,
but i think he is making a mistake, because i think that Capital can
attract talents, so Capital can make you successful as a country, so
then i can logically infer that so that to have capital that make you successful, you have to know how to construct a product or services that
you can sell from those competitive advantages of competitive part or
parts of product or service that can come from you or/and can come from different countries of the global world, and it is i think an efficient
way that makes you adapt quickly and efficiently in this globalization,
and notice with me that having competitive part or parts of a product or service doesn't mean it has to come from R&D(Research and development),
also the above video of the jewish from Israel is not saying that
Capital can come from "democratization" of finance, since
you have to know that our global world has changed very much by being democratization of technology, democratization of finance, and
democratization of information, read my following thoughts so that you
also understand that Capital also comes from democratization of finance:
More about "democratization" of finance..
This "democratization" of finance is also for Research and Development
(R&D))..
And look at the following "democratization" of finance so that to
understand:
The 4 tools making capital more abundant than it’s ever been
Read more here:
https://singularityhub.com/2018/07/19/the-4-tools-making-capital-more-abundant-than-its-ever-been/
About democratization of digital technology and technology and Research
and Development (R&D) investment
This is also why i said the following:
Look at the following interesting video:
Can South Korea lead global innovation in Fourth Industrial Era?
https://www.youtube.com/watch?v=XUw8gCShEcI
But i think that this minister of education, science and technology
of south Korea looks somewhat archaic since he is not taking correctly
into account the democratization of digital technology and Technology
that permits you to economically grow very rapidly and much cheaply than
using "expensive" Research and Development (R&D) investment, so i think
that he is not correctly adapting to the realities, because the economic realities have very much changed, since also our era of globalization
has been characterized by the democratization of technology,
democratization of finance, and democratization of information.
Here is more proof of what i am saying:
2. Question: What do you mean by “Democratizing Innovation”?
Eric von Hippel:
The tools for designing high-quality innovations are getting so cheap
and so ubiquitous that individuals can innovate for themselves at a
steadily higher quality and at a steadily decreasing cost. These
sophisticated modern tools are computer-based, and require relatively
little training and practice. As a result, even hobbyist users find they
can use them to design new products and services.
Read more here:
Democratizing Innovation: The Shift of Innovation to Users
https://www.ideaconnection.com/interviews/00010-Democratizing-Innovation-The-Shift-of-Innovation.html
More precision on how to be successful in this globalization..
I have just corrected a little bit my post, read it again carefully:
I invite you to read the following interesting article about Globalization:
3 Keys to Successful Globalization
Read more here:
https://www.industryweek.com/the-economy/article/21938770/3-keys-to-successful-globalization
So as you are noticing that so that to be successful in this
globalization you have to have a good "strategy" and you have to
have a "competitive" advantage, and this competitive advantage can
be a competitive advantage by having a competitive part or parts of a
service or product that the others don't have and that you can sell
globally, so as you are noticing that in this globalization you have to
be smart so that to be successful, since i think that you have not to
have just a full product such as a car, but you can have a competitive advantage by having a competitive part or parts of a car that the others
don't have and that you can sell and that makes you successful in this globalization, so to be successful in this globalization you have to
know how to construct a product or services that you can sell from those competitive advantages of competitive part or parts of product or
service that can come from you or/and can come from different countries
of the global world, and it is i think an efficient way that makes you
adapt quickly and efficiently in this globalization.
The Economic Benefits of Globalization for Business and Consumers
Read more here:
https://ecipe.org/publications/the-economic-benefits-of-globalization-for-business-and-consumers/
Note that it says:
"Globalization has increased real wages by lowering the cost of
consumption."
So i think that since globalization has increased real wages,
this increased real wages creates more jobs locally inside the country.
Will globalisation take away your job?
"Governments need to pay more attention to social policy, says Prof
Baldwin. "In the post-war period of globalisation we liberalised trade
but at the same time we expanded social welfare - instituted low-cost
education and retraining for workers.
"In essence there was a set of complementary policies that reassured
workers that they would have a good chance of taking advantage of globalisation."
The challenges all this is throwing up for governments are many, but
Prof Baldwin says it should be possible to develop policies that embrace globalisation - and give workers displaced by it the support they need.
Read more here:
https://www.bbc.com/news/business-38600270
More precision about What billionaires said about wealth inequality and capitalism..
Read below i am giving more precision by saying that i think that Bill
Gates is right by saying that we have to raise taxes of the rich and i
think it is a part of the solution for unequal distribution of income
and opportunities..
I have just written the following:
============
More about Globalization and the unequal distribution of income and opportunities..
Jedi Master that is a supporter of Donald Trump has just responded to me
the following:
https://groups.google.com/forum/#!topic/soc.culture.usa/f0_oA92rIwE
I think that Jedi Master is not right, because Donald Trump and his
governance have not yet dealt with the unequal distribution of income
and opportunities, read the following To notice it:
Globalization and Inequality: Sharing Wealth One of Society’s Greatest Challenges
https://theglobepost.com/2019/01/30/globalization-inequality/
And read my previous thoughts to understand:
More political philosophy about Globalization and USA and Donald Trump..
I think Donald Trump is not managing correctly, because USA and Donald
Trump have to deal with the unequal distribution of income and
opportunities, read the following to notice it:
Overcoming zero-sum games to sustain growth and globalisation
https://voxeu.org/article/overcoming-zero-sum-games-sustain-growth-and-globalisation
"The protesters claim that globalization is bad for poor people in poor countries. A large body of evidence, however, suggests the
opposite—though clearly globalization can result in unsettling
experiences for many who live in the developing world. My recent
research with Nancy Birdsall and Stefano Pettinato suggests that
globalization has brought substantial benefits and opportunities for
upward mobility for many low-income individuals in the emerging
economies. Yet these same opportunities entail new vulnerabilities and
new risks for others."
Read carefully here:
https://www.brookings.edu/articles/winners-and-losers-perspectives-on-globalization-from-the-emerging-market-economies/
=============
And i think here is a part of the solution of the problem of unequal distribution of income and opportunities: i think that Bill Gates is
right by saying that we have to raise taxes of the rich,
Read the following:
What billionaires said about wealth inequality and capitalism in 2019
https://www.cnbc.com/2019/12/31/what-billionaires-said-about-wealth-inequality-and-capitalism-in-2019.html
More political philosophy about the appearances and the reality..
I am a white arab and i think i am smart since i have also invented
many scalable algorithms and algorithms..
Do you remember my new smart proverb, here it is:
"There is an important difference between the appearance of a reality
and the truth of a reality, this is why in science you have not to be
confident with the appearances, since in science you have to understand
the truth, so, to be able to understand the truth you have to know how
to be patience before understanding the truth and not to rush in like a
fool by lack of wisdom "
So as you will notice that this proverb of mine is really smart,
and if you are smart you will rapidly find a pattern with your
fluid intelligence, and it is that by looking at Hitler and his evil
and such evil , you can think that humanity is not good, but this is not technically right, since it is like a mechanism of the alternance of the
day and night that brings beauty and pleasure, so humanity has
experienced evil in the past, but this evil has brought more insight(a
deep understanding) that permit us to be much better as a humanity, so
look for example at stupid people in internet, by looking at this
stupidity of stupid people in internet, we are also rapidly adapting so
that to efficiently fight this stupidity of stupid people in internet,
and look for example at when this Coronavirus crisis will be over, we
will have learned how to appreciate much more our kind of civilization
or pleasures of life, so the sadness of Coronavirus crisis will soon
bring happiness and pleasures of life when Coronavirus crisis will be
over, so as you notice that this mechanism that looks like the
alternance of the day and night brings more beauty and more perfection
and brings more order, so i think that we have to be more optimistic
since i also i think that we humans are collectively smart. Read my
following thoughts to understand it:
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