Poverty Isn't a Lack of Character; It's a Lack of Cash (UBI) Could Estonia be a Template for Other Nations? On a Spring afternoon, I’m gazing out the window of an office building on the outskirts of Estonia’s capital, Tallinn, watching people stroll below, when a cream-colored plastic container mounted on black wheels rounds the corner and begins maneuvering its way among the pedestrians.
The device looks like a kid’s toy. But in reality it’s a high-tech delivery robot called Starship and potentially the next mega-profitable invention to spring from this snowy, miniature country on the northern edge of Europe—one of the more unexpected launching pads on the planet. “If you look at sci-fi movies set 20 years from now, you don’t see people carrying their groceries.
Robots just arrive at their homes,” says Ahti Heinla, cofounder and CEO of Starship Technologies. Reality, he says, has caught up to sci-fi. Fortune Magazine Most Americans or even Europeans would be unable to find this pinprick on a map, squeezed between its small Baltic Sea neighbor Latvia and mammoth Russia. Related. Uploaded Personalities Seek Digital Immortality. Beware Politicians Bearing Household Analogies. Old Economics Based on False ‘Laws of Physics’ Things are not going well in the world’s richest economies.
Most OECD countries are facing their highest levels of income inequality in 30 years, while generating ecological footprints of a size that would require four, five or six planet Earths if every country were to follow suit. These economies have, in essence, become divisive and degenerative by default. Mainstream economic theory long promised that the solution starts with growth – but why does that theory seem so ill-equipped to deal with the social and ecological fallout of its own prescriptions? The answer can be traced back to a severe case of physics envy. The Meaning of Work in a Sustainable Society. Notes 1 This essay is dedicated to Harry Magdoff.
It was inspired by Magdoff, H. (1982) “The Meaning of Work,” Monthly Review 34 (5): 1-15. 2 For an important book on ecological-economic sustainability that nonetheless devotes only a small portion of its analysis to the subject of work, see Jackson, T. (2011) Prosperity Without Growth. Sweden’s Economic Stewardship Overturns Conventional Wisdom. High taxes, strong unions and an equal distribution of wealth.
That’s the recipe for success in a globalized world, according to Magdalena Andersson, the Social Democratic economist who’s also Sweden’s finance minister. The 50-year-old has been raising taxes and spending more on welfare since winning power in 2014. She’s also overseen an economic boom, with Swedish growth rates topping 4 percent early last year, that has turned budget deficits into surpluses. EU Legislators Debate 'Legal Personhood' for Robots. Robots should one day have rights as "electronic persons," members of the European Parliament recommended Thursday -- but not until the machines are all fitted with "kill" switches to shut them down in an emergency.
Parliament's Legal Affairs Committee wants the European Commission to propose legislation that will settle a number of ethical and liability issues in the field of robotics -- including who is to blame when an autonomous vehicle is involved in a collision. Granting the more sophisticated autonomous robots some kind of electronic personhood could settle issues of who is responsible for their actions, the committee suggested. More urgent than the question of robot rights, though, is the setting up of an obligatory insurance scheme that would pay out to the victims of a self-driving car if it caused an accident in the European Union. "We urgently need to create a robust European legal framework," said the committee's rapporteur, Made Delvaux. Freudian Fingerprints all over Modern Climate Denial. Myron Ebell bristles at the notion that he is often called a “climate denier.”
“It’s meant to be offensive,” he said at an early February panel discussion on environmental journalism in the Trump Era. “It’s meant to tie …. some people to Holocaust denial. " The genial, soft-spoken, longtime Washington political operative was part of Team Trump’s EPA transition team and formerly headed the Cooler Heads Coalition, a consortium of conservative and libertarian groups strongly opposed to action on climate change. Agroecology: A Whole-System Approach to Agricultural Production. Complexity Economics Shows Why Laissez-Faire Economics Always Fails. By Eric Liu and Nick Hanauer During 2007 and 2008, giant financial institutions were obliterated, the net worth of most Americans collapsed, and most of the world’s economies were brought to their knees.
At the same time, this has been an era of radical economic inequality, at levels not seen since 1929. Over the last three decades, an unprecedented consolidation and concentration of earning power and wealth has made the top 1 percent of Americans immensely richer while middleclass Americans have been increasingly impoverished. Lessons From Universal Basic Income Experiments. Will artificial intelligence “destroy humanity?”
Probably not. But I am concerned that AI and robotics will massively impact the future of work. McKinsey & Co. predicts that 45 percent of jobs today will be automated out of existence in only 20 years. This weighs on me. Economists 'Michael Fish' Moment: “That’s your bloody GDP. Not ours.” There’s a lady I’ve been thinking about for the past few days, even though we’ve never met.
She’s the central character in a true story told by the Europe expert Anand Menon. He was in Newcastle just before the referendum to debate the impact of Britain leaving the EU. Invoking the gods of economics, the King’s College London professor invited the audience to imagine the likely plunge in the UK’s GDP. Back yelled the woman: “That’s your bloody GDP. Societal Re-Framing Needed to Address 'Dangerous' Climate Change. <p>Browser does not support script.
</p> Download : Audio, Video Speaker(s): Professor Kevin Anderson Chair: Professor Tim Dyson. Big Data, Google & the End of Free Will. For thousands of years humans believed that authority came from the gods. Then, during the modern era, humanism gradually shifted authority from deities to people. Jean-Jacques Rousseau summed up this revolution in Emile, his 1762 treatise on education. When looking for the rules of conduct in life, Rousseau found them “in the depths of my heart, traced by nature in characters which nothing can efface. I need only consult myself with regard to what I wish to do; what I feel to be good is good, what I feel to be bad is bad.” The progressive case for replacing the welfare state with basic income. It appears some establishment voices have picked up on a way of opposing the idea of the monthly citizen dividend of about $1,000 per month, known as universal basic income (UBI), in a way that successfully leaves some progressively minded people afraid.
The fear inspired is that those with the greatest need may be left worse off with UBI compared to the existing status quo of more than 100 government programs that currently comprise the U.S. safety net that UBI has the potential to entirely or mostly replace. The argument goes that because we currently target money to those in need, by spreading out existing revenue to everyone instead, those currently targeted would necessarily receive less money, and thus would be worse off. A New Language of Carbon. Climate change is the result of breakdowns in the carbon cycle caused by us: it is a design failure. Anthropogenic greenhouse gases in the atmosphere make airborne carbon a material in the wrong place, at the wrong dose and wrong duration. It is we who have made carbon a toxin—like lead in our drinking water. In the right place, carbon is a resource and tool. The Future of Economics. At first glance Steve Keen’s new book Can We Avoid Another Financial Crisis?
Seems too small-sized at 147 pages. But like a well-made atom-bomb, it is compactly designed for maximum reverberation to blow up its intended target. Steve Keen: why the government should pay back your mortgage debt. Steve Keen can only roll his eyes when you mention, as he puts it, "that bloody bet". On a balmy Sydney summer day, Keen reflects on taking and then losing a wager that house prices would plunge 40 per cent in the wake of the GFC. That bet resulted in Keen undertaking in 2010 a well-publicised 224 kilometre hike from Canberra to Mount Kosciuszko. This is a modal window. Deep Learning Teaches Us a Life Lesson: Jobs Are for Machines. Why we should all have a basic income. Next Generation Jobs Won’t Include Professions. Canada: The World's First 'Postnational' Country? The German Economist Calling Time on Capitalism.
Outside was panic. 4 Big Ethical Questions for the Fourth Industrial Revolution. Humanity's Future Reflected in Uber & Driverless Car Debates. Sometime during the 21st century you will stagger out of a club at 3am and hail a taxi. The vehicle, no longer allowed to loiter in busy areas, will pop out of a stack nearby, find its way to you and honk. You and your drunk companions will stammer out your destinations until they flash up correctly on a screen. And you will glide home, staring enviously at the few people still allowed to drive: emergency service people and maintenance engineers. Humans Have Already Reached a Natural Lifespan Limit.
Rewilding the Future. New research shows that the loss of large animals has had strong effects on ecosystem functions, and that reintroducing large animal faunas may restore biodiverse ecosystems. Rewilding is gaining a lot of interest as an alternative conservation and land management approach in recent years, but remains controversial. It is increasingly clear that Earth harbored rich faunas of large animals -- such as elephants, wild horses and big cats -- pretty much everywhere, but that these have starkly declined with the spread of humans across the world -- a decline that continues in many areas.
A range of studies now show that these losses have had strong effects on ecosystem functions, and a prominent strain of rewilding, trophic rewilding, focuses on restoring large animal faunas and their top-down food-web effects to promote self-regulating biodiverse ecosystems. Rewilding Our National Parks. Searching For Social Value: The Key Role Of NFP Provision. Scientists Declare End Of The Holocene. In Defence of Planet-Saving Localism. From Post-Growth Society to Sufficiency Politics. Are We Living in a Simulation?
The WEF is Wrong. This Isn’t the Fourth Industrial Revolution. The Digital Economy: Postnormal? The Commons as a New/Old Paradigm of Human Flourishing. How Technology Disrupted The Truth. How Facebook Makes Us Dumber. Neoliberalism's Over So What Happens Next? Radical New Economic System Will Emerge From Capitalism's Collapse. A Newly Drawn Tree of Life Reminds Us to Question What We Know About the History of Earth. Scientists Seek 'Line in the Rock' to Mark New Man-Made Anthropocene Epoch. Frontier Of Physics: Theories of Everything Mapped. The Ultimate Long Game: Autarky & Resilience.
The Evolutionary Argument Against Reality. On the Phenomenon of Bullshit Jobs. ‘A Martian Stranded on Earth’ The End of Capitalism Has Begun. The Case for Economic Growth. Should Androids Have the Right to Have Children? Like Climate Denial, Climate Defeatism Threatens Human Survival. Michael Pollan: A plant's-eye view.