Utility.
What exactly is utility? It's an important concept to understand.
In the oncoming financial collapse (the one that is surely coming) the market will decide for you, whether you have utility in society.
What is Utility, exactly?
Utility is an economic term introduced by Daniel Bernoulli referring to the total satisfaction received from consuming a good or service.
The economic utility of a good or service is important to understand because it will directly influence the demand, and therefore price, of that good or service.
investopedia.com
How does translate to understanding your own specific utility, though, in society?...
THIS is where reality hit's the road - and some people are gonna lose a lot of skin.
The reason?
To put is simply- for the last 50 years, we have been living a false economy, with a distorted utility concept.
Economy is everything....
....and is the basis of our life in the modern world.
With this false economy , based on the false value of money (the banking system ), it has also created a whole false perception of utility.
The concept of utility is very, very, subjective of course - but it does have a basis in an objective reality.
At it's most fundamental level, and stripping everything away, I think it comes down to calories.
A Netflix subscription will never equate to having same utility as a sheep. Not in a sane world.
(I'm talking when the shit really hits the fan here of course - in the most extreme of situations).
Utility is tied to calories - no matter how far that invisible strings connects , unseen.
Why is this important?
It's a great way to work out your utility, in terms of product or service that you provide.
The closer you are to the ground, the less distance you will fall when things get tough out there.
And tough they are gonna get. Very.
Let me distill it down to the most simplistic model, to give the idea in an extreme situation.
Look at the two possible extremes of any scenarios - and where you fall 'within the graph', is a good indicator to working out your own utility.
I am looking at one end of the 'extreme graph' here.
The other end of the graph is over populated academia and everyone with a pointless degree that is never used in production ....and this is the point we have been at, for the last few decades - and one that is rapidly decaying....Which is the point of this post..
I'm talking about when the pendulum swings back - which it will most definitely be doing- Soon(imo).
So .....
A farmer
.... grows some wheat.
His utility in society will be high when TSHTF.
The mechanic
....making and repairing the machine that cultivates the wheat in its various stages, will also have high utility. Nearly as high as the farmer..but not quite.
The car washer.
....will have little - or no - utility in the harsh new world of market forces and real economy based on supply and demand. What was once utility, no longer is, as times get tough.
As I say , this is simplistic, and I hope that particular model is never actualized - or we are all in much deeper shit than I thought...
But it illustrates my point, and hopefully helps you calculate where you are in 'the food chain'.
The further you are from the ground, the further you will fall.
What was once seen as 'essential' or 'preferred', will soon take a back seat when stripping business to the bones.
And those with least real economy utility, will be the casualties. (which is long overdue, in fairness..).
So now is a good time to drop any ego built up on the back of decadent times, and have a good look in the mirror- and work just what is your own utility, in terms of being 'close to the ground'...
How to work out just how far you are from the ground, is pretty easy to work out....If you can see your position clearly.
With no hubris based on the past model of utility built up over the last few decades
For example - just look at all the 'journalists' right now losing their jobs over this last year in established MSM.
This is just the beginning of this very thing that I'm talking about.
They offer no utility with the arrival of the internet, and other people are providing the same - or better - service than the dinosaur media.
The MSM have been allowed to grow massive and fat from exactly this false economy of the last five decades that I'm talking about.
You can see the very hubris that I was talking about, with the latest Huffpo and Vox journalist layoffs.
'Learn to code' tweets to the journalists were seen as offensive - it bruised their fragile ego's.
Bruised so badly, that twitter declared it abuse to even say it to them!
(yes - seriously, if you don't already know)
How much ahead of the curve would these journalist have been, if their ego's hadn't blinded them to the writing on the wall?
....Written in 300 foot letters and screaming out at 300 decibels!!- for the last decade, btw.
Hubris blinds even the most intelligent.
The future of established media is dead - It's now just a matter of how long, but this highlights my point here perfectly.
There were not 'close to the ground'.
You tubers are close to the ground.
Use this example to work out exactly where you are, 'from the ground'.
Don't get bruised hitting it, when reality kicks in. For reality will kick in - as sure as the sun is coming up tomorrow...
The further you are away from making a product - or service to the customer , directly - the further you are away from 'objective' utility.
No one is indispensable, and when real economy forces come to bear, it will show you just how dispensable you really are...
Get ahead of the curve, and get weaving. (maybe even literally! lol).
It's time to adapt and move to the _reality_of this harsh new world. Don't get caught flat footed.
Learning from the recent history and the decadence that we've been living in, you can easily see the self delusions that we've been weaving for ourselves.
Wake up from that dream - and quickly - and get moving!!!....
OR keep dreaming, and let life come to you, and wake you up.
One way or another , you will be getting out of bed...
From my perception of how I see employment and the 'close to the ground' utility model...
The highest risk areas for jobs - I think - are:
Marketing.
Media.
Consulting.
Academia/ Teaching.
Lawyers.
Any government employment.
Any others areas, do you think- specifically?