CanOz
Home runs feel good, but base hits pay bills!
- Joined
- 11 July 2006
- Posts
- 11,543
- Reactions
- 519
Thanks for getting involved you three...I always learn something when you guys show up!
World War III: Has it Started?
- Thread starter Garpal Gumnut
- Start date
-
- Tags
- war world war iii
Yes I agree.
After having to consult Google twice for definitions
I also agree it's a genuine risk.The issue is that what is happening is exposing the inherent contradiction in the capitalist model: the cost of marginal production continues to get closer to zero with each technological advance but the rewards from production generated by the capital owners are growing. However, the means of production themselves also become cheaper as technological change spreads and they become more and more accessible to a wider range of people (including those who were not formally 'capital owners.'). Think things like the computers and the internet, 3D printing etc. for current examples. Eventually people can start producing more and more things themselves, especially if they are not constrained by providing labour to the capitalists as an employee, because the machines are doing it more and more of it now. There's already "maker" communities popping up all around the world sharing knowledge within.
Eventually this situation has to unwind because it cannot continue. I don't know how it unwinds, but it makes no sense that it doesn't. It could take decades, maybe more, or it could be swift.
As the need for human labour keeps decreasing because of technological advances governments across the world will be forced to take action. They can sit there now when a smaller proportion of the population cannot work because there are no jobs, but it only gets more pronounced from here. Universal wages or something similar is probably inevitable.
Historically instances of wealthy inequality seem to be cyclical... greed/exploitation phases that lasted until they reached a critical point where the exploited rebelled. Of course the greedy exploiters always come back for with a different scheme.
- Joined
- 21 April 2014
- Posts
- 7,956
- Reactions
- 1,070
Alright I see, so you combined all wages and all productivity during the mining boom. Fair enough.
But na, that chart on productivity doesn't look right to those I've seen. Production goes up but real wages flat-lined or declined over the decades.
- Joined
- 2 June 2011
- Posts
- 5,341
- Reactions
- 242
It's measuring y-o-y change in productivity.
Yep, and don't forget there is wealth inequality and nasty consequences littered all through history before the Industrial Revolution as well. Every circumstance is different, but it's always a case of powerful elites tugged too hard against the 'commoners.' I cannot think of an instance where it was settled peacefully.
- Joined
- 26 March 2014
- Posts
- 19,900
- Reactions
- 12,322
If we had a government that recognised that such middle -upper class welfare like negative gearing on residential property was increasing wealth inequality and fostering class resentment, and therefore agreed to discontinue such schemes, maybe we could avoid a full scale class "war".
- Joined
- 2 June 2011
- Posts
- 5,341
- Reactions
- 242
That's not a handout, it's a straight up tax perk. Or following on from the discussion about productivity v wages; capital taking a bigger slice of the pie increases company profits. Millionaire retirees receive that as a dividend which isn't just tax free they get all the tax the company paid back too as a cash refund. Employees, who are getting less reward for their own productivity increase get told their taxes will go up.
Yep, I'd hate to be on the wrong side of the wedge.
- Joined
- 21 April 2014
- Posts
- 7,956
- Reactions
- 1,070
I don't think the new money in their bank account know the difference between a handout and a tax perk man.
- Joined
- 2 February 2006
- Posts
- 14,009
- Reactions
- 2,892
Biden says US will defend Taiwan if China attacks
His comments are an apparent departure from the long-held US position of "strategic ambiguity".
www.bbc.co.uk
Maybe Australia need some nuclear warheads for their new up and coming nuclear submarines as World War 3 approaches.
- Joined
- 2 February 2006
- Posts
- 14,009
- Reactions
- 2,892
The history of Taiwan formerly Formosa: https://www.bbc.co.uk/news/world-asia-34729538
www.inomun.com
INOMUN -What's behind the China-Taiwan divide?
China and Taiwan’s shared conflictual history that has yet to come to an end Year 1949 is marked by the end of the civil war that was ravaging China, opposing the Republic of China and the People's Republic of China [...]
www.inomun.com
- Joined
- 2 February 2006
- Posts
- 14,009
- Reactions
- 2,892
China-Taiwan: the drumbeat gets louder - Master Investor
China is making ominous threats against Taiwan. What are the chances that China might seize the territory by force? And what would be the consequences, asks Victor Hill.
masterinvestor.co.uk
China is building up its forces at the rate of the UK every 4 months. They appear to want to have a force so great the whole of the rest of the world would not dare intervene. Anyway, we the rest of the world buy goods from China at such a rate we are paying for these . Australia is set to have an armed nuclear Navy far exceeding present plans but will it be too late?
Dona Ferentes
Abrió la caja, vio al gatito, y sonrió
- Joined
- 11 January 2016
- Posts
- 15,592
- Reactions
- 21,202
eek. I'm confused. Is WW3 the same as (the) www?
But seriously, the idea is still around, the context seems to have changed.
...............
But it’s a lot harder to track the US cyber and intelligence-gathering capabilities. In 2020, a record $US85.8 billion was approved in the US intelligence budget consisting of two major components: the National Intelligence Program and the Military Intelligence Program. This includes everything from open-source intelligence collection to signals, imagery and human intelligence – all of which have been crucial in the Ukraine conflict.
Former CIA senior intelligence officer Martijn Rasser, now a director of the Technology and National Security Program at the Centre for a New American Security, says it’s hard to measure the reservoir of US cyber capability and intelligence at any one point, let alone in Ukraine.
Microsoft’s Threat Intelligence Centre in Seattle was reported as playing a crucial role in this. Three hours after the Russian invasion, Microsoft identified a piece of “wiper” malware aimed at the country’s government ministries and financial institutions and reported it to Ukraine’s top cyber defence authority and the White House’s deputy national security adviser for cyber and emerging technologies Anne Neuberger. Microsoft had the code to block the malware and shared it with other prospective targets of Russian aggression.
But seriously, the idea is still around, the context seems to have changed.
With Ukraine/ Russia exercising minds it is time to revisit:
"Comparisons with China are also frightening on a material capacity and readiness basis, but China’s experience in terms of command and control in the battlefield is not as superior as America’s .... in America’s current state, it could not fight two theatres of war in Europe and the Indo-Pacific like it did in World War II".
...............
But it’s a lot harder to track the US cyber and intelligence-gathering capabilities. In 2020, a record $US85.8 billion was approved in the US intelligence budget consisting of two major components: the National Intelligence Program and the Military Intelligence Program. This includes everything from open-source intelligence collection to signals, imagery and human intelligence – all of which have been crucial in the Ukraine conflict.
Former CIA senior intelligence officer Martijn Rasser, now a director of the Technology and National Security Program at the Centre for a New American Security, says it’s hard to measure the reservoir of US cyber capability and intelligence at any one point, let alone in Ukraine.
Microsoft’s Threat Intelligence Centre in Seattle was reported as playing a crucial role in this. Three hours after the Russian invasion, Microsoft identified a piece of “wiper” malware aimed at the country’s government ministries and financial institutions and reported it to Ukraine’s top cyber defence authority and the White House’s deputy national security adviser for cyber and emerging technologies Anne Neuberger. Microsoft had the code to block the malware and shared it with other prospective targets of Russian aggression.
is 2040 too late?
wayneL
VIVA LA LIBERTAD, CARAJO!
- Joined
- 9 July 2004
- Posts
- 25,747
- Reactions
- 12,931
David Starkey on Putin, Russia and the impotence of the West.
Brilliant
Brilliant
- Joined
- 3 July 2009
- Posts
- 27,336
- Reactions
- 24,067
Interesting commentary, he will be cancelled for sure, no one will want to hear what he has to say. ?
I started a thread 'will China end up owning the World', I think it is only a matter of time, they are much more advanced than Russia and Russia is showing that we really can't do anything to stop them.
I'm not suggesting a war, because really I don't think the West is in any state to fight a war, which country has the ability to gear up its manufacturing to build a war machine to resist China and its manufacturing base? Germany has the ability and the manufacturing, but relies on energy from Russia. The U.K closed down its manufacturing in the 1960's and 70's, the U.S will be more concerned about protecting itself, so really what does the West do? Interesting times ahead IMO.
- Joined
- 26 March 2014
- Posts
- 19,900
- Reactions
- 12,322
The manufacturing base that the West pays for.
- Joined
- 3 July 2009
- Posts
- 27,336
- Reactions
- 24,067
Well I wouldn't mind a dollar, for how many times we have said that, but I think the chooks are coming home to roost mate.
The West has been taken over by the sector, that believe if we behave nicely and do the right thing, everyone else will treat us nicely. I think this Ukraine thing is proving that isn't always the case. Hopefully it isn't the tip of the iceberg, otherwise we can forget about renewable energy, that will be the last thing on people's minds.
