Reflecting on yet a another think-puddle of econometrics & 45-years behind the clock stocks & flows social indicators garbage about reconstructing Gross Domestic Product without saying a blind thing about markets or money let alone what governments SHOULD spend money on – only endlessly as ever in @GretaThunberg blah-blah-blah about social outcomes from political class and academic HEADBANGERS today on #ABC Radio in #auspol I am moved to add a couple more thoughts (to the outing c.10 paragraphs below..

At moments like this in human history genuine economists certainly are moved to commentary – bean counters and gross accumulators may go. Just go you dementing losers.

Understanding & reforming economy is no more about replacing GDP with sociocultural & environmental outcomes econometrics than any Stop the World undergraduate cry for “degrowth,” let alone grass skirts or AK47s. It’s about the UN #ESG goals: what we produce and how when where & why we do it, for life health longevity and the human love and cooperation act & ethic/ fact & value this work requires for its success.. its real or human social value.. asking why of supply, demand and market price, recognising all three are human artificial constructs – concepts – driven by enterprisers not holy writ generated by invisible hand, mysterious spirit or wizard in the sky for goodness’ sake..

This week we learn Microsoft & Amazon are laying off thousands [of postmodern post-fact Dunning-Kruger Effect vanity-narcissist-influencer Gordon Geckoe cult of individualism morally, culturally, spiritually & ecologically moribund consumer-society know-nothing flaneurs] of life-wasters basically stealing money from people’s bank accounts.

..I must renew* my Amazon Prime whoops I don’t use the thing. As if.

..I must act on irregularities with my internet line whoops I don’t have one. As if.

..I must light candles, burn incense and slaughter fatted calves for all of those artificial consumer spender & voter programming algorithms we all so depend upon and cherish.. doing our own thinking for us. Intelligence. Seriously?

Enjoy this short note about the Davos haute bourgeois Thought Bomb. Never forget to laugh at delusional nonsense spruiking. It’s NOT unkind if its charlatans making themselves the enemies of humanity. It essential. Or they’ll prevail as they have since Milton Friedman’s orgiastic profiteering via regulatory shutdown.

And as we all now realise it won’t just be about those rotten apples but all of us – all the young leastwise.

John
Friday evening 20/1/23

So yeah, here it was >>

Klaus Schwab’s 2-dimensional Analogue “Newtonian Mechanics”^^ Global Economy is Broken

On LinkedIn, Ian Kaplan, ‘bringing people together..’ with our thanks“$250,000 to attend Davos as a formal delegate at the annual World Economic Forum event??!! (link below)

“COP28 to be led by an oil company CEO??!!

“Is it any surprise when there are calls for an alternative framework to WEF, COP, etc. as the place to come together to discuss and take action on the climate change, biodiversity loss, ecosystem degradation and social inequality caused by the flawed system we live in?

“It’s time to boycott these frameworks and make them irrelevant.

“NOW.

“There’s no time to wait and see what happens.

“Wheels are already in motion for an alternative framework for bringing people together based on bioregions, negating the ability of industry lobbies to torpedo efforts for change, negating the setting of a core global agenda by established institutions opposed to changing the existing political economy, and negating their ability to determine who can and who can’t participate and be heard. The alternative framework includes a mechanism for encouraging and facilitating continuous action and progress, including measuring progress towards clear goals. ALL with a positive message!

“Looking for partners who have had enough of the BS. Feel free to reach out.”

^^ the Push Me Pull You Marx-Engels-Thatcher-& yes, evidently -Merkel – stemmie sighin’-tests’ (to use the Australian baby-talk) NO society/ don’t worry about that left-wing stuff, those groups, those activists/ how dare they disrupt our nineteenth century neoclassical theory and methodology? – oowhh/ yuck/ atheists too – the monetarist-wonderland dialectical ‘Rand-span’ Objectivist Zero Sum Game = the global ecological meltdown-threatening SUPPLY SIDE gang-bang

^^ Zero Sum=Maximum Sun – how we all relish the prospect within 2 -3 years of 58°C summer days in temperate zones🤓🙄😕

* “I’m calling to tell you your Amazon Prime is being renewed for $99.00. If you don’t want this prescription Dial 1” – THIS is not fiction. It first came to my notice in February last year when despite my skills, knowledge and emotional maturity this huge and sophisticated organised crime outfit from “Mountain View” stole $2,500 from my bank account and the bank, Bendigo Bank declined to reimburse me despite the money being initially deposited into an Australian bank account. And NOW, a year later, I’ve had four calls this week. The Australian minister for Home Affairs Clare O’Neill claims to be angry about cyber-crime. I call bullshit.

JB