People talk about cryptocurrencies and blockchains causing major disruptions to world economics, financial systems, politics and all of the people in the world... It is not going to be that way. Not much is going to change.
There is a simple reason for this and it is at the core of economics itself; Supply and Demand.
For the most part, the economic world we have created is this way because we as people have demanded it to be so. You might argue and say that you yourself didn't choose to be poor or oppressive but, yes you did. Every purchasing decision we make has effects on the larger economic model and much like the Steemit Trending page or any trending page for that matter, we demand shit.
But, but.. I don't demand shit...
Yes, yes you do. Not only do you demand shit, you demand cheap shit. A lot of cheap shit. Masses and masses of time wasting, skill sapping, mind numbing largely useless, cheap shit. And you are willing to pay a huge amount for this valueless garbage.
Don't believe me?
Apple - 752
Alphabet - 579.5
Microsoft - 507.5
Amazon.com - 427
Berkshire Hathaway - 409.9
Facebook - 407.3
ExxonMobil - 242.2
Johnson & Johnson - 338.6
JPMorgan Chase - 306.6
Tencent Holdings - 277.1
Wells Fargo - 274.4
Alibaba - 264.9
They are the top 12 most valuable companies in the world and the number is their value in US dollar Billions. They are the makers, distributors, investors, aggregators, supporters and agents of, shit. Essentially within that group of companies, you can see the entire ecosystem of what is wrong with the world and it is because of us, not them because it is we who keep buying their shit.
For example, Apple creates phones yet, no one calls anyone anymore. A smart phone is just a mobile catalogue with the ability to share desires with others on Facebook. All of those cheap crap adverts hint at places like Alibaba, the mass sellers of the masses of cheap shit that we demand. All of that shit needs to be delivered and ExxonMobil don't mind selling a barrel or two of oil for the boats, planes, trains and trucks to get that shit to your door, with next day delivery. And of course, JPMorgan Chase back all of the nodes along the way and they are just shit by definition.
It is the demand for these type of nonsense products that is creating the vast amounts of inequalities, it the demand for time wasting entertainment that people literally spend two full-time jobs a week consuming on-demand. Geez, people actually demand to watch other people unbox and use this shit on shit platforms designed to engage users to consume shit.
Wondering why there is a problem in the economic world yet?
We incentivize producers to produce what we demand and even though we would like to say that we want a better world, when it comes to incentivizing actions that lead to one, fuck that, Lambo!
We use this shit in the hope that it somehow makes us better, improves our lives or gets us closer to the rich and wealthy we hate but, want to become. Yet, it is just shit that keeps increasing the divides and decreasing our abilities to combat it. This is all on us as consumers as supply dries up very, very fast once demand stops.
If you haven't noticed, not many people in this world have become financially wealthy by helping the world to be better. The rich that are helping were rich first. Even the people who are actually making a difference in science and community development struggle to get funding because we don't want to pay for anything other than the cheap shit we demand. The shit that takes our mind off how shit the world is.
We demand people behave well, demand they do what is right for the community but we demand they do it for free. Good behavior is not incentivized, the production of shit is. You want to change the economics of the world, change that, stop paying for shit and start buying improvement processes.
The top companies in the world should be those who are actually making the world a better place and we should be able to have actual shares in them that payout as the world improves. Not shares in companies that payout as they dive it deeper into crisis with more gimmicky shit.
It is no different to Steemit. I have said several times how this place is representative of the wold economic system and the behaviors within. The amount of shit content supported whether paid for or not is massive. It is not that it is necessarily low quality but, it is unnecessary, it adds very little to make the world better. Seriously, how many holidays do you really want to finance some of these people to go on? Doesn't anyone ever get tired of reading and seeing pictures of what other people eat at fancy restaurants they will never go to, isn't there something more important on the agenda?
This is the problem though isn't it? No one wants to finance the hard, dirty work that needs to be done here or anywhere else which means, no one wants to do it. There is no incentive to do it other than a feeling that one is potentially doing the right thing for an uncertain future and perhaps a word or two of support or a pat on the back and a 'good job' comment.
The entire world is the same.
It could be that average people just don't understand what actually needs to be done or what needs to be discussed. They don't understand what it actually takes to cure cancer so they will not invest into it. They have to sell friggin' pink ribbons to get money for cancer research as if, curing cancer is just not enough of a return. How much was that latest XBox game though? If you can just clock it, cancer is cured!!
The way to change the world, tear down the conglomerates as they currently stand and shift the positions of the banks as once we as a global community is simple. Demand better for our world, put our money behind it and, they are forced to supply it.
But, if we can't even do it here with a few hundred thousand, how the hell does one person convince the rest of the world. Perhaps Netflix has the answers.
Taraz
[ a Steemit original ]