Friday, 9 May 2025

THE IMPACT OF BILLIONAIRE CAPITALISM AND A PHANTOM ECONOMY

 

THE IMPACT OF BILLIONAIRE CAPITALISM AND A PHANTOM ECONOMY

 

Imagine a lion pride beneath a shade tree lazily surveying the domain around them.  Eyes are blinking, heavy with sleep.  A few of the cubs playfully bounce around.  All is quiet and their tummies are filled after a successful hunt.  Old and young, all part of the pride and each contributing according to age, skill and ability.  It functions as a unit.  Some still growing up and learning, others always watchful and looking out for each other.  Why this intro?  What does it allude to and what does it have to do with the title?  Once upon a time we lived and functioned like the lion pride.  In our tribal or community settings there was room for everybody.  This article is not about equality or fairness, but about belonging and connectivity.  As humans we’re busy creating two disparate worlds.  One is for people who have everything, from jobs and income to safety and security and everything in between.  The other world is for all the people who are being left behind.  People who either do without or with very little and who are leading subsistence lifestyles.  Rapidly we are moving away from a natural reality where all humans take part, no matter how small or seemingly insignificant, yet all contributing and connected.




THE IMPORTANCE OF BELONGING 

The world we are now creating is filled with artifice and the promise of Artificial Intelligence and robotics replacing workers.  The only room left is for a highly skilled and trained workforce involved in the maintenance of systems and programming, unless they too are replaced by a robotic workforce that is completely autonomous; self-replicating and repairing.  There will only be room for a few people whose jobs will consist of monitoring and pushing buttons.  In the eyes of billionaire owners, workers are an expense although one thing hasn’t changed.

THE ECONOMY IS PEOPLE, NOT ROBOTS

There has always been a reciprocal element in our economies.  It is not one-sided.  Employers and employees, producers and buyers.  An exchange of labor in return for products or services.  What are you going to do when you exclude billions of people from being constructive contributors?  Billions of people permanently parked on the sidelines.



A lot of questions and few answers.
  What kind of standard of living will we afford people who through no fault of their own are never given an opportunity to contribute?  What does it mean to be human or is that reserved for a lucky few?  Two worlds, one for a lucky few who have it all and another world for the billions who, if they’re lucky, will get just enough to scrape by.  Why are we doing this to each other?  Are we so confused by all the artifice that surrounds us that we lose sight of what truly matters?  We are creating a social and economic quandary, blinded by our achievements and the need for accumulating “things”.       

AI and robots are not consumers and when you cut out the labor force, you also cut out consumers.  There is a huge social cost to exclusion and if we look at all the tension that has been created around the globe it is not solely due to irresponsible political leaders, but a world that is struggling to make ends meet.  Billions of people feel left out and disconnected, ignored and pushed aside.  We’re living in a finite reality and yet we’re pursuing infinite schemes, of growth and wealth accumulation.  Are we so blinded by greed that we lose sight of our impact, on each other and the planet that supports us all?

IGNORING THE CONSEQUENCES

Life should be about balance, purpose and meaning versus quantifying everything through an economic lens that only cares about quantity, earnings, profits, market share and accumulation.  We like to pretend that we can keep extracting, exploiting, destroying, polluting, squandering and wasting as if there is no end to how much damage we can do to each other and the planet we share.  The multitudes (that will be you and I) are no longer a blessing but a serious threat to survival and opportunity.  Our presence cannot be ignored although in several regions of the world we actively try, through war, conflict and ethnic cleansing.  There is no real outcry or global condemnation.  In a world of over 8 billion people that are struggling to make ends meet few tears are shed over the millions that lose their lives and livelihoods.  The political world we have created validates itself along global ranking, status, economic power and influence.  Throw into the mix the natural differences provided by religious differences, geographic location, language, culture and economic status, and it provides a perfect backdrop for indifference and not reaching out.  As long as the conflicts don’t spill over.  As long as we are not affected.  We will hold that collective breath of ours and hope for the best.




WE DON’T LIKE TO DISCUSS OUR NUMBERS

None of us like to admit that we live in cramped quarters, stockpiling people in cities bursting at the seams, cheerfully putting on a brave face and commuting in traffic congestion; cars, buses and trains, busy little bees swarming out and pretending that this is life.  This is what living is all about.  And now AI and robotics are taking over basic labor and production while humans continue to multiply and multiply.  The numbers don’t lie.  We’re adding and not subtracting.  It doesn’t matter where human growth numbers take place and where not.  Human redundancy in the workforce versus an increased human expansion doesn’t make a lot of sense, but we treading on holy ground when it comes to actively pursuing depopulation programs and incentives.

We absolutely excel at waxing about human values, about what it means to be human and the lofty goals we should try to attain, goals that include equality and the equitable sharing of wealth and all the other things we can and should do to make life and living worthwhile, that heaven on earth kind of thing we should all be striving for.  Look at what we’re doing to each other in the real world and you know that all that pontificating about bringing out the best in us is nothing but absolute drivel.  We talk about it; in church, community action groups, political platforms.  Even international meetings that promise a lot, but never deliver.  We pretend.  But no real progress.  In 2023 global harmful emissions and fossil energy use went up by over 2 percent, not down!

BILLIONAIRE CAPITALISTS ARE TAKING OVER

As a writer, a student of philosophy and history, as a humanist, I would love to think or believe that as a species we are improving, but we’re not.  Those who follow my writing and thus my thinking, know that everything in the universe is driven by energy and momentum and that includes humanity.  It is not a benign force.  It lacks soul and compassion.  As a force it simply is.  Greed is a natural accumulator of energy and therefore a natural accelerator and the more of it you own or control, the greater the odds for survival, even if lesser forces or entities have to suffer.  In the eyes of the Ultra Wealthy lesser people are nothing more than collateral damage.  Look no further than the current conflicts and the indiscriminate damage inflicted on completely innocent people.  Our destructive, discriminating behaviors are not improving, they are getting worse, the treatment of each other more callous and indifferent.  A lot of brave people are genuinely trying to make a difference, but they are swimming against the current of energy and momentum and its selfish nature. 

In the natural world there is the simple acknowledgement of the moment and it comes with a level of acceptance we have abandoned when we left the jungle to pursue a life as uprights.  The consequences have been horrendous and it is getting worse as billionaire capitalists show a thirst for acquisition that knows no boundaries.  They want to own and control everything and in the face of exclusive wealth generation there is the painful reality of a glaring and growing discrepancy between haves and have-nots.  We’re in the process of reducing billions of people to subsistence living versus quality living.  Deny opportunity and a reason for living and you deny life itself.




GREED IS BLIND

Billionaire capitalists couldn’t care less if half the world’s population disappeared overnight, as long as they are net-negative contributors and therefore good riddance as they won’t be missed.  There is a level of indifference amongst the rich and powerful that is absolutely frightening in scope.

But!  Even the rich are well aware that when push comes to shove they are a vulnerable minority when faced with an uprising by the have-nots.  The most extreme forms of governance emerged during the past two centuries, starting with the French revolution, anarchism, socialism, communism and fascism.  One of the bright lights that emerged from the American war of Independence was a fledgling form of governance called democracy, but it too is showing signs of early wear and tear and is crumbling all over the globe. 

In the natural world there is a level of acceptance that humans consistently ignore.  The forces of energy and momentum are as powerful as ever and the worst mistake we make over and over again is pretending that somehow we’re in charge and in control.  Instead we’re flying by the seat of our pants, keeping our fingers crossed that we can manage, that all will end well.  We have always turned a blind eye to disparity and inequality, to some having it all and many scraping by.  With over 8 billion people vying for a slice of the pie this has turned into a ticking human time bomb.

The alarming rise in global migration patterns, perilous journeys undertaken by hundreds of millions of people willing to risk life and limb in search of a better life, is a sure sign that all is not well.  Getting away from poverty, oppression and persecution.  A rise in global connectivity through a vast array of media devices also connects the downtrodden of the Earth to disparity and discontent and all the things they are missing out on.  All of us are aware of how the other side lives!  Our failure to stop indiscriminate violence and killing, our failure to protect the most vulnerable people, is a blatant failure of our humanity.  This is now our global reality.



A phantom economy is an economy that lacks strength, endurance and compassion because only an equitable sharing of wealth amongst all provides for an enduring and solid economic foundation.  Throughout my writing career I have been inspired by phrases that popped up in my mind that would often provide direction, impetus and a degree of validation.  I will end this article with a few of them.

“By the time we realize that bad behavior is out of control, we’ve already lost control.”

“Evolution has not been kind to our intellect.  When it comes down to our humanity few of us excel and most of us disappoint.”

“The poor can’t hide their poverty, but the rich are experts at hiding their wealth.”

“A loss of civility is an indication of a lost society.”

Most of the articles on my blog dovetail into each other, like pieces of a puzzle.  Not a single article, book or even entire library will adequately explain the human journey and where we are headed.  This is but a snapshot in time.  Writers are observers and interpreters.  If we can point you in the right direction we’ve done our jobs.

Feel free to share my blog and encourage others to read them.    

Purchase my novel: Energy & Origin by W.M.A. Bes on Amazon.ca

 

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