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Sustainable Development

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  • Sun, Mar 07, 2010 - 09:54pm

    #1
    Carl Veritas

    Carl Veritas

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    Sustainable Development

Ladies and Gentlemen:

The following countries have planned economies:

Cuba,  Libya,  Saudi Arabia,  Iran,  North Korea,  Burma

Since their  authoritarian governments  have the power  to direct  all economic activity in their nation,      they  should be able to pursue sustainable development better than most.

Yet   many of these governments struggle to   produce basic necessities of daily life for their citizens,   something we almost take for granted with our market economy.

Is political ideology the problem?     

  • Sun, Mar 07, 2010 - 10:13pm

    #2
    Peak Prosperity Admin

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    Re: Sustainable Development

In his address to the House of Commons (during the Q&A) Chris talked about how to a certain extent a command economy (like China’s) seems to have an advantage inasmuch as they needn’t rely on so-called market forces to act intelligently in the planning and execution of things — esp. major projects such as e.g. investing in alternative energy.  But he also said that in his opinion democracy does better in times of big crisis.  The whole speech and Q&A is well worth a listen.

Viva — Sager

  • Mon, Mar 08, 2010 - 12:39pm

    #3
    Peak Prosperity Admin

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    Re: Sustainable Development

[quote=Carl Veritas]The following countries have planned economies:

Cuba,  Libya,  Saudi Arabia,  Iran,  North Korea,  Burma

Is political ideology the problem?     [/quote]

Maybe they’re just living within their means…?

Mike

  • Mon, Mar 08, 2010 - 02:29pm

    #4
    Peak Prosperity Admin

    Peak Prosperity Admin

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    Re: Sustainable Development

Sustainable development is sort of an oxymoron.  Beyond the fundamentals, no one can say what future generations will need.  To its credit, the notion was hopeful.

[quote=Carl Veritas]

authoritarian governments  have the power  to direct  all economic activity in their nation,      they  should be able to pursue sustainable development better than most.

Yet   many of these governments struggle to   produce basic necessities of daily life for their citizens,   something we almost take for granted with our market economy.

Is political ideology the problem?     

[/quote]

That and more, including the blinders that enable you to observe that the market economy produces, without struggle, the basic necessities of daily life for citizens.

Authoritarian and sustainable and development can come together only in a mythology.  Briefly, the ideology that permits doing to/for them because we know best, however it’s manifested, neglects or otherwise dishonors the fundamental need of each human to choose her/his responses to reality.

Suppression dooms (makes unsustainable) what suppresses.

  • Mon, Mar 08, 2010 - 04:09pm

    #5
    Peak Prosperity Admin

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    Re: Sustainable Development

 

A while back,     I  stopped buying  tuna that was being caught by fishermen using methods that also kills dolphins indiscriminately.

   This was a personal choice but our  collective action was effective, since I was apparently not the only one who disapprove.

  A major tuna canner soon announced it would no longer buy tuna from fishermen using methods that kills dolphins.   I dare say they are responding to the loss of sales more than the dispicable act.      The point I’m trying to make is consumers have more power (collectively)  than they perhaps recognize.     Consumer actions guide  production:    what to produce in what quantity and what price.    Once you move away from a subsistence economy,  you will  need the cooperation of others to produce and sell what you cannot:   trade.

Could a similar change happen as quickly if canned tuna production was controlled by government?     

 

Mike,

The N Korean citizens were not living within their means,     they were starving.    Why…

  • Mon, Mar 08, 2010 - 05:07pm

    #6
    Peak Prosperity Admin

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    Re: Sustainable Development

A “sustainable” economy cannot exist without a “sustainable” money system.  China has a sustainable money system which is why they are kicking butt.  Debt based systems, like ours, are doomed from the start.

This is not just a political phenomenon, it is a mathematical fact.  

  • Mon, Mar 08, 2010 - 06:08pm

    #7
    Peak Prosperity Admin

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    the root of inflexibility

Planned economies seem to lack the flexibility of a non-planned system. If you decide that a lot of young people should eb trained to go into an existing field, but the real gropwth comes from new technology, you are dooming your citizens to be a second class people, or play perpetual catch-up. The former Soviet Union had a planned economy and was often in that position. Sadly, they seemed to get most–not all, they had some briliant scientists–but MOST of their new technology by reverse engineering or spying.

From what I can see planned economies may also be a part of some European countries’ economic malaise.

  • Mon, Mar 08, 2010 - 07:41pm

    #8
    Peak Prosperity Admin

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    Re: Sustainable Development

Ladies and Gentlemen:

The following countries have planned economies:

Cuba,  Libya,  Saudi Arabia,  Iran,  North Korea,  Burma

Hey! Our economy is planned too. Planned to make the top 1% rich. Look how succeful it is. Ah….American ingenuity.

  • Mon, Mar 08, 2010 - 08:12pm

    #9
    Peak Prosperity Admin

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    Re: Sustainable Development

 

Larry:        “China has a sustainable monetary  system which is why they are kicking butt”      

 

A casual search produced this non mathematical political phenomenon facts, from wikipedia—–

“Years of government directed lending has presented Chinese banks with large amounts of non performong loans.    According to the Central Banks report,  non performing loans account for 21.4 %  to 26.1%  of total lending of China’s 4 big banks in 2002.    

In 1999 four “Asset” management companies(AMC) were established to transfer the non performing assets from the banks.  The AMC plans to repackage the non performing loans into viable assets and sell them off to investors.”

 

The nation just may be experiencing what it’s like to be in a mother of all bubbles,   directed by their very own government. 

 

You can bet that once it crashes,   the party members will readily  identify the source of the problem as  the “free market” or some evil banker cabal  ( the foreign ones of course.)  

   And the solution is——-(drums please!)      even more party control   of money,   of production,     of markets.     But of course.    

Now that is a political phenomenon all  “free” market economies like ours.

 

ps.     Does anyone have any government bonds in their portfolios?    Just curious.

 

 

 

 

 

 

 

 

 

 

 

  • Mon, Mar 08, 2010 - 11:00pm

    #10
    Peak Prosperity Admin

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    Re: Sustainable Development

Development implies an increase in production of some sort, and the consequent need for constant growth.  This makes “sustainable development” sound like an oxymoron.   

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