I have a post from "The Art of Manliness" that discusses "Networks vs. Community". I never thought about describing it as technology. I've also dabbled with Marshall McLuhan's theories on technology being an extension of the senses. The culture is the arena where we supposedly get to harness technology but maybe we're victims? https://www.artofmanliness.com/people/relationships/communities-vs-networks-to-which-do-you-belong/
I love McLuhan's quote, "Everybody experiences far more than he understands. Yet it is experience, rather than understanding, that influences behavior." Mathew, I think I really like that you are just as precise with your wording as you are with your mathematics. Life really is just inputs and outputs. I think Merle got it right when he sang, "I wish a buck was still silver" https://music.youtube.com/watch?v=kS7GGpMkRTo&feature=share
"Who would invest their resources (capital) in production if the output wasn't expected to be larger than the input?! "
Exactly so we have subsidies and token fines for looters and polluters who privatize profits & socialize costs.. makes me laugh when folks complain about capitalism when what we have is a corporate welfare state growing at disproportional rate for generations.
1995 ADM - (remember its all gmo corn for Monsanto-Rockefeller Gates cabal too!!)
Thanks to federal protection of the domestic sugar industry, ethanol subsidies, subsidized grain exports, and various other programs, ADM has cost the American economy billions of dollars since 1980 and has indirectly cost Americans tens of billions of dollars in higher prices and higher taxes over that same period. At least 43 percent of ADM’s annual profits are from products heavily subsidized or protected by the American government. Moreover, every $1 of profits earned by ADM’s corn sweetener operation costs consumers $10, and every $1 of profits earned by its ethanol operation costs taxpayers $30
Another way to look at this is elements targeted by the enemy.
Computer viruses would reduce the productivity of computers in two ways. The first is obviously the immediate damage, the second is the enormous costs of protecting against that virus and future ones. The constant updates to software for security threads is a horrendous tax.
The destruction of the Church and absolute truth.
The destruction of family.
The instigation of fighting between sexes and races.
Fear! Instilling fear of nuclear-war or of a virus is incredibly debilitating.
Maybe you need to define the x-axis. If it is productivity, or output per unit of capital or labor, then I agree with you that technology is the source of growth. But if it is time, then I disagree that technology is the sole source of growth. Compounding of capital or labor allows exponential growth over time. Population growth is an example. Since time is perhaps the most commonly used x-axis in economic/business/market analysis, I suggest you refine your argument.
I have a post from "The Art of Manliness" that discusses "Networks vs. Community". I never thought about describing it as technology. I've also dabbled with Marshall McLuhan's theories on technology being an extension of the senses. The culture is the arena where we supposedly get to harness technology but maybe we're victims? https://www.artofmanliness.com/people/relationships/communities-vs-networks-to-which-do-you-belong/
I love McLuhan's quote, "Everybody experiences far more than he understands. Yet it is experience, rather than understanding, that influences behavior." Mathew, I think I really like that you are just as precise with your wording as you are with your mathematics. Life really is just inputs and outputs. I think Merle got it right when he sang, "I wish a buck was still silver" https://music.youtube.com/watch?v=kS7GGpMkRTo&feature=share
"Who would invest their resources (capital) in production if the output wasn't expected to be larger than the input?! "
Exactly so we have subsidies and token fines for looters and polluters who privatize profits & socialize costs.. makes me laugh when folks complain about capitalism when what we have is a corporate welfare state growing at disproportional rate for generations.
1995 ADM - (remember its all gmo corn for Monsanto-Rockefeller Gates cabal too!!)
Thanks to federal protection of the domestic sugar industry, ethanol subsidies, subsidized grain exports, and various other programs, ADM has cost the American economy billions of dollars since 1980 and has indirectly cost Americans tens of billions of dollars in higher prices and higher taxes over that same period. At least 43 percent of ADM’s annual profits are from products heavily subsidized or protected by the American government. Moreover, every $1 of profits earned by ADM’s corn sweetener operation costs consumers $10, and every $1 of profits earned by its ethanol operation costs taxpayers $30
https://web.archive.org/web/20210506232642/https://www.cato.org/policy-analysis/archer-daniels-midland-case-study-corporate-welfare
Memory could be technology?
If anyone had one. Alcohol erased mine and Google replaced it with someone else's.
Health broadly, perhaps, or health habits might be viewed as technology. Indeed.
Memory techniques, like the palace technique, might be technology, if they're worth it for some subset of people.
Wow, this is really mind-opening.
Another way to look at this is elements targeted by the enemy.
Computer viruses would reduce the productivity of computers in two ways. The first is obviously the immediate damage, the second is the enormous costs of protecting against that virus and future ones. The constant updates to software for security threads is a horrendous tax.
The destruction of the Church and absolute truth.
The destruction of family.
The instigation of fighting between sexes and races.
Fear! Instilling fear of nuclear-war or of a virus is incredibly debilitating.
Maybe you need to define the x-axis. If it is productivity, or output per unit of capital or labor, then I agree with you that technology is the source of growth. But if it is time, then I disagree that technology is the sole source of growth. Compounding of capital or labor allows exponential growth over time. Population growth is an example. Since time is perhaps the most commonly used x-axis in economic/business/market analysis, I suggest you refine your argument.
My definition: technology = tool.
Like a politician?
Or like Sam Harris?
Could another way to state it be technology = leverage?
Yup. Except a politician is an inept, useless tool.