Quote:

---

Kunstler: America's Not Going Socialist, It's Going Medieval
Authored by James Howard Kunstler via Kunstler.com,

In response to what has become a nation of shameless racketeering, vivid wealth disparity, and shocking destitution on display in city streets, the party of the common man seeks remedies in the redistribution of capital. Seems more than fair to many. It’s not for nothing that they style it “social justice,” the cutting edge of an economic system called socialism — with overtones, of course, of settling racial and gender scores for good measure.

Socialism might seem to be the answer to all this unfairness and indignity. And naturally it focuses on the two activities that have turned into the worst rackets in America: higher education and health care, a.k.a. “Eds and Meds.” Both are now cruel bloated parodies of what they used to be, turning their customers into debt serfs and bankrupts, apart from their dismal failures of basic mission: to prepare developing minds for reality and to “first do no harm.”

The proposed remedy is for the national government to take responsibility for running them and making their services free to all. That would do nothing, of course, to reform the patent idiocies of the gender studies departments; or rescue the sorry victims of obesity and diabetes from their toxic consumption of whoppers, pizza, and slurpees. Those dynamics operate on feedback wheels of futility for which there is no happy ending outside of drastic changes in thought and behavior.

The Left now promises redemption from these great quandaries with the tag-team of Robin Hood and Santa Claus ushering in a new golden era of free stuff. It’s understandable perhaps, considering how desperate so many citizens of this land are, and how desperation feeds rescue fantasies. And the Left may even get a chance to try this wizardry after the next election. But it’s really not where history is taking us. America is not going to go socialist, it’s going medieval. Why is that?

To put it simply, the money is not there. But the “money” is only an abstract representation of material wealth of one kind or another — energy, goods, resources, and delivery systems — and all that is becoming more of a fugitive presence in reality-based civilization. We don’t have the mojo anymore to nationalize and centralize these sprawling activities. It must be obvious that government is not only fatally beyond bankruptcy, but that it has also reached the stage of diminishing returns from over-investment in complexity that translates into generalized incompetency. It’s hardly just Mr. Trump alone that is responsible for the chaotic paralysis all around us.

Societies are self-organizing, emergent phenomena. They respond to the circumstances that reality presents, and they take us in unexpected directions. The general expectation in the USA since the Second World War has been for ever-increasing material comfort provided by an inexhaustible techno-industrial cornucopia, kind of a cosmic goodie machine. Well, we’d better adjust our thinking to the fact that the horn-of-plenty is shockingly out of goodies, and that no amount of financial hocus-pocus is going to refill it. Valiant attempts to redistribute the already-existing wealth are liable to prove disappointing, especially when the paper and digital representations of that wealth in “money” turn out to be figments — promises to pay that will never be kept because they can’t be kept.

So, instead of fantasizing about free PhD programs for everybody, and free insulin for the multitudes, consider instead the vista of a reduced population working in the fields and pastures to bring enough food out of the long-abused land to live through the next winter. Consider a world in which, if we are lucky, the electricity runs for a few hours a day, but possibly not at all. Imagine a world in which men and women actually function in different divisions of labor and different social spaces because they must, to keep the human project going. Imagine a world in which the ideas in your head about that world actually have to comport with the way the way that world really works — and the severe penalty for failing to recognize that. That’s the more likely world we’re heading into. It won’t put an end to dreams of utopias and cosmic rewards, but it will be a sobering moment in history.

---

Quote:

---

Originally posted by SIGNYM:
At least, not if you equate money with wealth ...

Quote:

---

Kunstler: America's Not Going Socialist, It's Going Medieval
Authored by James Howard Kunstler via Kunstler.com,

In response to what has become a nation of shameless racketeering, vivid wealth disparity, and shocking destitution on display in city streets, the party of the common man seeks remedies in the redistribution of capital. Seems more than fair to many. It’s not for nothing that they style it “social justice,” the cutting edge of an economic system called socialism — with overtones, of course, of settling racial and gender scores for good measure.

Socialism might seem to be the answer to all this unfairness and indignity. And naturally it focuses on the two activities that have turned into the worst rackets in America: higher education and health care, a.k.a. “Eds and Meds.” Both are now cruel bloated parodies of what they used to be, turning their customers into debt serfs and bankrupts, apart from their dismal failures of basic mission: to prepare developing minds for reality and to “first do no harm.”

The proposed remedy is for the national government to take responsibility for running them and making their services free to all. That would do nothing, of course, to reform the patent idiocies of the gender studies departments; or rescue the sorry victims of obesity and diabetes from their toxic consumption of whoppers, pizza, and slurpees. Those dynamics operate on feedback wheels of futility for which there is no happy ending outside of drastic changes in thought and behavior.

The Left now promises redemption from these great quandaries with the tag-team of Robin Hood and Santa Claus ushering in a new golden era of free stuff. It’s understandable perhaps, considering how desperate so many citizens of this land are, and how desperation feeds rescue fantasies. And the Left may even get a chance to try this wizardry after the next election. But it’s really not where history is taking us. America is not going to go socialist, it’s going medieval. Why is that?

To put it simply, the money is not there. But the “money” is only an abstract representation of material wealth of one kind or another — energy, goods, resources, and delivery systems — and all that is becoming more of a fugitive presence in reality-based civilization. We don’t have the mojo anymore to nationalize and centralize these sprawling activities. It must be obvious that government is not only fatally beyond bankruptcy, but that it has also reached the stage of diminishing returns from over-investment in complexity that translates into generalized incompetency. It’s hardly just Mr. Trump alone that is responsible for the chaotic paralysis all around us.

Societies are self-organizing, emergent phenomena. They respond to the circumstances that reality presents, and they take us in unexpected directions. The general expectation in the USA since the Second World War has been for ever-increasing material comfort provided by an inexhaustible techno-industrial cornucopia, kind of a cosmic goodie machine. Well, we’d better adjust our thinking to the fact that the horn-of-plenty is shockingly out of goodies, and that no amount of financial hocus-pocus is going to refill it. Valiant attempts to redistribute the already-existing wealth are liable to prove disappointing, especially when the paper and digital representations of that wealth in “money” turn out to be figments — promises to pay that will never be kept because they can’t be kept.

So, instead of fantasizing about free PhD programs for everybody, and free insulin for the multitudes, consider instead the vista of a reduced population working in the fields and pastures to bring enough food out of the long-abused land to live through the next winter. Consider a world in which, if we are lucky, the electricity runs for a few hours a day, but possibly not at all. Imagine a world in which men and women actually function in different divisions of labor and different social spaces because they must, to keep the human project going. Imagine a world in which the ideas in your head about that world actually have to comport with the way the way that world really works — and the severe penalty for failing to recognize that. That’s the more likely world we’re heading into. It won’t put an end to dreams of utopias and cosmic rewards, but it will be a sobering moment in history.

---

While I disagree with parts of his premise ... health care for all is a cost-effective benefit to society, and redirecting time and effort from foreign wars to healthcare is a logical thing to do ... the fundamental premise makes sense:

Imagine that all of the money in the USA is redistributed equally to everyone. If the top 1% own 40% of the wealth in the USA, a rough estimate is that redistributing money would approximately double the median family income, from $50,000 to about $100,000, or roughly $25,000 per person.

Suddenly, the homeless and marginally-housed have money to spend on shelter. Families ould now afford better food and a nicer car. Community college and state university comes within reach. Healthcare becomes affordable.

---

Quote:

---

Are there enough homes for everyone? Is there enough electricity to power these homes? Are there enough teachers and universities to teach? Is there enough beef and pork and chicken and fruits and vegetables ... organically-grown, locally-raised, non-GMO ...to feed everyone? Enough medicine to treat everyone? Enough clinics and hospital beds?

My point is that redistributing money is NOT redistributing "wealth". WEALTH is ACTUAL GOODS AND FACILITIES AND INFRASTRUCTURE. Redistributing "money" doesn't guarantee that there will be those goods and services to purchase. The "money" that the wealthy have acquired does not reflect an increase in production; it was created by the Fed and other banks out of thin air to make lending possible (via fractional reserve banking) and disconnected from the "real" economy of exchange of labor.

More later.

---

Quote:

---

Originally posted by SIGNYM:
...it seems to me that the way to increase wealth is to increase production: More houses, more high quality food, more clinics and more doctors to staff them etc.

---

Quote:

---

Originally posted by 1kiki:
You're really outdoing yourself in stupidity,... and that's saying something!




And if democrats don't do anything different, how are they any better?
tic tac

---

Quote:

---

...it seems to me that the way to increase wealth is to increase production: More houses, more high quality food, more clinics and more doctors to staff them etc- SIGNY

I tend to think that you're right here...
But the problem is, unless we start colonizing space I believe that we've come to a saturation point. And that's our main problem here.
Couple that with the fact that we're quickly running out of 3rd world countries to exploit for cheap labor and we're in a real jam.
I don't honestly see any way that the American Economy is going to improve long term.
There's just too many damn people on the planet in 2019, and everywhere you turn we've got another bubble ready to burst, or another ponzi scheme ready to fall apart. - SIX

---