“just a means to that end”

Dirty Jobs and Macro Questions
by Patrick Watson, Mauldin Economics

“Serving others is always honorable work. Every major religion teaches this. If the work itself is honorable, why don’t we honor those who do it?”

That sounds nice. The only problem is it’s total bullshit. I doubt he wants an honest answer to his question.

Our society does not value serving others and never has. If you are working some crap job serving others, our society makes it very clear that you are a loser in the game of capitalism and Social Darwinism. This is supposedly a meritocracy and so those on the bottom of society are assumed to be those without merit. That is the entire justification for our society, the story we have to believe in to maintain the social order.

“Answer: Because we would rather spend our money in other ways. When we consumers take our demand signals elsewhere, the market efficiently reduces restaurant wages to match what we’ll pay. It’s the invisible hand at work.”

There is no invisible hand, as if divine intervention were determining the Elect. No more than there is a Santa Claus. If there is a hand manipulating the system, it is most definitely visible and all too human. Get up in the middle of the night on Christmas Eve and I guarantee you’ll see that it isn’t Santa who is stuffing money into the pockets of the plutocrats.

We don’t have a free market, as is obvious to anyone who pays attention. What we have is a corporatist system where big government colludes with and to some degree is controlled by big business. Some go so far as to call it inverted totalitarianism.

“Jobs don’t disappear because greedy capitalists replace people with robots. Businesses turn to robots because consumers want lower prices than can be achieved with human workers.

“The robots are just a means to that end.”

Yeah, well…

The feudal rights of the commons didn’t disappear because greedy aristocrats privatized and enclosed land by having replaced serfs with slaves. Plantations turned to slaves because consumers wanted lower prices than could be achieved with free citizens.

The slaves are just a means to that end.

Okay. So, I guess that means everything is perfectly fine and morally justified. Quit your complaining. It’s the invisible hand responding to market forces that stole your job. It’s no one’s fault that, as surplus labor, you are now a worthless human and a useless eater. Progress marches on, with or without you.

This attitude is strange. It’s a fatalism built on capitalist realism, which is no better than communist realism. The attitude is that we are helpless before forces greater than us. All we can hope to do is adapt to the inevitable. But if failing that, then we better get out of the way or else get run over as we deserve.

Oddly, after all the clueless blather, the author almost comes to a decent conclusion.

“I think our twisted ideas about money, work, and education are the real problems. They’re distorting supply and demand. The root causes aren’t so much economic as cultural and psychological.”

Sort of. The problem is that people like this author hold such ideas and will defend them, no matter the costs. He isn’t suggesting we fundamentally change our thinking, just maybe tinker a bit around the edges.

Otherwise, the system itself is just fine. The real problem is the people, which is to say all those poor people complaining. Sure, the root causes are cultural and psychological. I’d add that indeed they are also economic, as all of it is inseparable. Improving the bad attitudes of poor people isn’t going to solve the systemic failure.

“This year’s US election, contentious though it was, brought important issues to the surface. Ditto events around the world, like Brexit. The economy isn’t working like we think it should. People are tired of asking questions and getting no good answers.”

That is to put it lightly. Important issues were brought to the surface, in the way that magma is brought to the surface when a volcano erupts. Just wait until that volcano really blows its top, turns the sky black with smoke, blocks out the sun, covers the land in ash, and sends the population fleeing in all directions. Then questions and answers will be moot.

“I don’t have all the answers. I suspect no one person does. But the answers are out there, and we won’t find them unless we look for them.”

At least, he is admitting this much. After writing all that, he states he doesn’t actually have all the answers. Yet, as an economic analyst writing for a investment newsletter, it’s his job to have answers or else pretend he has answers. He belongs to the upper class intellectual elite who are supposed to be telling the rest of us losers what we should be doing.

“That awkward, uncomfortable search will be the global macro story in 2017 and probably beyond.”

Well, it will surely be continuing into the coming generations, assuming mass catastrophe and collapse doesn’t happen before then. What is up ahead on the road might not be a pothole to easily drive around. That very well might be a sinkhole that could swallow us whole. Society continues to move forward. Some think this means progress. But what are we moving towards?

Maybe we should slow down a bit and get our bearings.

Mechanical Spider Legs and Progressive Reform

Did you see this article about FDR?

Report: White House Officials Deliberately Hid FDR’s Mechanical Spider Legs From Public

It does explain a lot. I always wondered why public photos of him never showed his legs.

On a happier note, here are some thoughts about the coming future, when mechanical spider legs will no longer need to be attached to humans.

‘Rise of the Robots’ and ‘Shadow Work’

One of the jobs that hasn’t been mechanized yet is that of torturer. But with Poland being held accountable, let’s hope it won’t be a growing job sector.

With US Accountability MIA, Poland to Make Payout for Torture of CIA

That article points out how the US government officials aren’t being held accountable for their own actions. That isn’t just true internationally, but also nationally. The US government isn’t accountable to American voters anymore than it is accountable to international courts.

Study: Congress literally doesn’t care what you think

Vote all you want. The secret government won’t change. – The Boston Globe

A major reason for this is big money. The US government has big money (funding a big military—and increasingly militarized police—along with helping to fund a big defense industry) and, of course, American politicians are beholden to big money (including from that defense industry), a cozy corporatist collusion. Besides indirect bribes (beyond just campaign money) and unofficial kickbacks (via no-bid contracts and below-market-value of natural resources from public lands), there are also direct subsidies to corporations and banks.

US taxpayers subsidising world’s biggest fossil fuel companies

U.S. Taxpayers Subsidizing World’s Biggest Fossil Fuel Companies

Why Should Taxpayers Give Big Banks $83 Billion a Year?

Top Banking Analyst: Subsidies to Giant Banks Exceed $780 Billion Dollars Per YEAR

Big Banks Have Raked In $102 Billion In Subsidies Since 2009: Report

A related aspect is that of the climate change debate. People are always arguing over who is getting funded how much and who is doing the funding. Interestingly, many of the same big energy sources that fund political campaigning also fund the opponents of the scientific consensus, from funding think tanks to funding scientists. No matter how much money climatology researchers get, they can’t use that money for lobbying and campaign donations, as does big energy.

Accusations that climate science is money-driven reveal ignorance of how science is done

Not just the Koch brothers: New study reveals funders behind the climate change denial effort

Graphs of Science Funding

It’s obviously a complex issue, but one has to wonder what are the end results of all that money. Even the money that goes to research, is the issue really a lack of enough data to know we have a problem to deal with? I doubt it.

Big money corruption is a non-partisan issue, not that you’d realize that from the mainstream media. It has been a central concern of both the Tea Party and the Occupiers. In general, it has been a growing concern of all Americans. A movement is forming and those involved, individually and collectively, are demanding to be taken seriously. In some cases, concerned citizens are going to extremes in their attempt to get heard.

Can the Gyrocopter Gang Start a Political Reform Movement?

Much of the organizing is grassroots and the changes are starting at the local level. Just recently, the county I live in issued a resolution and so joined the ranks of a growing number of local governments across the country, in both red and blue areas.

County supervisors call for Constitutional amendment – The Daily Iowan

Now, we just need a president who is even half the man FDR was and apparently he himself was already half machine. Maybe having mechanical spider legs gives someone the courage to face down the fascists and oligarchs in order to demand progressive reform.