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Friday, September 23, 2016

Subjective objectivity

Apologies to all,but I'm still having trouble grappling with the concepts regarding objective reality.  As a dull-witted clod, I can't go any further until someone explains to me the difference between truth and facts; they are not the same.

If there is a knife on the table, Uncle Ken may see a tool, I may see a weapon, and Mr. Beagles may see an objet d'art. All possibilities can be true, but the only fact is that it is a knife and not a banana.

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Mr. Beagles brought up an interesting point: "...what I would like to address here is the future of economy, not the future of government."

Hmmm...aren't they inextricably linked, at least in the Western capital-driven world?  I'm no expert on the ins and outs of Capitalism, but doesn't a lot of it depend on continuous growth?  I get the impression that unless the stock market grows we are doomed, and the economy is stagnant and sure to collapse.  Yeah, I don't know much about the markets, interest rates, inflation/deflation, either.  But there are limits to growth; nothing can grow forever.

There are some small businesses that choose to remain small because growth would be more trouble than it's worth.  They are more than satisfied making a modest living.

"Making a living" can be a slippery concept; we are conditioned and pressured to want more and bigger and newer everything.  We don't need much, but we want a lot and the free market is doing a dandy job of fulfilling those wants.  To what end, I don't know.

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Automation has it's limits, too.  Robots can't do everything and there are some things they will never do well, or at all.  All those fancy machines and robots are very expensive and they are not cost effective unless they are running constantly.  Human labor can be cheaper and more productive, but that's a topic for another day.

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Hey, it's been another election-free Friday!  Kind of gives me a warm and fuzzy feeling.  How about you?

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