by Summary:
“What would happen if we gave the Earthlings our technological knowledge and methods? The first to seize upon them and use them to increase their own power would be the ruling class in all countries. This would be inevitable, because they already control the means of production and control the loyalty of 99% of all the scientists and engineers. In other words, they are the only ones who can apply the new technology, and they will use it to the exact extent that it can help them increase their power over the masses” (Alexander Bogdanov, Red Star, 1908).Real-World Economics ReviewAll the good things a digital euro could do – and all the bad things it will Norbert Häring
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Mike Norman considers the following as important:
This could be interesting, too:
“What would happen if we gave the Earthlings our technological knowledge and methods? The first to seize upon them and use them to increase their own power would be the ruling class in all countries. This would be inevitable, because they already control the means of production and control the loyalty of 99% of all the scientists and engineers. In other words, they are the only ones who can apply the new technology, and they will use it to the exact extent that it can help them increase their power over the masses” (Alexander Bogdanov, Red Star, 1908).Real-World Economics ReviewAll the good things a digital euro could do – and all the bad things it will Norbert Häring
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Matias Vernengo writes Elon Musk (& Vivek Ramaswamy) on hardship, because he knows so much about it
Lars Pålsson Syll writes Klas Eklunds ‘Vår ekonomi’ — lärobok med stora brister
New Economics Foundation writes We need more than a tax on the super rich to deliver climate and economic justice
Robert Vienneau writes Profits Not Explained By Merit, Increased Risk, Increased Ability To Compete, Etc.
“What would happen if we gave the Earthlings our technological knowledge and methods? The first to seize upon them and use them to increase their own power would be the ruling class in all countries. This would be inevitable, because they already control the means of production and control the loyalty of 99% of all the scientists and engineers. In other words, they are the only ones who can apply the new technology, and they will use it to the exact extent that it can help them increase their power over the masses” (Alexander Bogdanov, Red Star, 1908).Real-World Economics Review
All the good things a digital euro could do – and all the bad things it will
Norbert Häring