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View Diary: Is Globalization Good for America's Middle Class? Part 2 (34 comments)

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  •  good points (2+ / 0-)
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    ozsea1, melo

    Oopsie for me with "Nobel in math," time to change that to "a Field Medal in math and a Nobel in physics."  Or just "a Nobel in physics," because the people I'm trying to reach with that point aren't math majors and don't know what the Field Medal is anymore than I did before you posted that.

    But growthism isn't just propaganda, it's catechism.  It's an article of faith handed down by people who aren't thinking it through.  

    Einstein and Edward Teller both knew it: each of them said, independently of the other, that exponential functions are dangerous, and ignorance of exponential functions is dangerous.  

    Any "growth rate" is an exponential function.  By definition.  Exponential functions head toward infinities until they hit some limit, and we have hit our limits, with the carbon forcing of climate, noted by scientists at Bell Telephone Laboratories in the late 1950s.  An exponential that hits a limit is like an airliner that hits a building: nothing good can come of that.

    So the entire edifice of economics that is built on growthism, is "not even wrong," it's pernicious, it's exactly what is killing us.  And we have to put a stop to that.  

    What that means, necessarily, is that there is no more "rising tide to lift all boats."  The pie does not get bigger.  The only question is how big a slice each person at the table is going to get.  And when you have little kids starving at one end of the table while two uninvited guests gorge themselves to the point where they're shitting undigested pie as fast as they can shove more pie in their mouths, you have to step in and say this is just nuts and it has to change.  

    So the uninvited guests don't get to eat all the pie any more.  Well you can be sure they're going to kick and scream about that, and try to take the kids hostage and demand unlimited pie.  But you know what to do if someone tries to grab your kid and hold him or her hostage.  You know what to do.  You do whatever it takes to stop the kidnapper.

    And that's one of the reasons why it's good we still have elections, even if the deck is stacked.  Because if we didn't, the only way to get our kids out of the clutches of the kidnappers would be by civil war.  

    "Minus two votes for the Democrat" equals "plus one vote for the Republican." Arithmetic doesn't care about your feelings.

    by G2geek on Thu Jun 14, 2012 at 04:27:57 AM PDT

    [ Parent ]

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