Name: 市場対技術効率 - ピーター-ジョセフ - Zday 2012 (Market vs. Technical Efficiency - Peter Joseph - Zday 2012)
Uploaded: 2021-01-14T07:01:19.000Z
Duration: 13 min 48 s
Description: VoiceTubeの動画で発音を聞きながら英語表現を覚えよう！学べる英語：

Section 2: Market vs. Technical Efficiency

様態の副詞

In the prior section we quickly glossed over

how the market economy has undergone a natural evolution

where the benefits it used to have in a more simple period of human history

are deeply overshadowed by the misaligned philosophy

It was just a matter of time, through technological means, other developments,

that the result would be a covert, structured oppression

that can only continue the division of society with more social imbalance

Now I would like to take a look at the foundational practice

of the market economy in a more physical science context

and consider how those attributes that are inherent to it

are environmentally disconnected, decoupled from the natural world

as it actually exists, as science has taught us.

The context is 'efficiency', and there are two opposing systems at work.

The first one we will call 'market efficiency' which has to do with

the fluid operation of the monetary market system and abstraction,

while the second is 'technical efficiency' which has to do with the

physical natural laws and how we best align with the environment

I'd like to first remind ourselves what an economy is supposed to be

by definition in early Greek.  It means the management of a household,

and being efficient with that management, hence reducing waste.

For the sake of the comparison I'm about to make,

We often use the term Resource-Based Economy, which is perfectly applicable.

[but] Resource-Based Economy (RBE) can sometimes be semantically construed

for people to use it in very weird contexts because they think, for example

"Monetary economy is resource-based because you use resources,"

or they think that a RBE would be a gold standard economy or something like that,

so I prefer the term, at least at this point in time, 'the Natural Law Economy'

because it is referencing scientific natural law.

This would be essentially defined as follows

"Decisions are directly based upon scientific understandings

as they relate to optimized habitat management and human health.

Production and distribution is regulated by the most technically efficient

and sustainable approaches known." Very simple.

Market Economy, as it is practiced today, would be defined as follows,

in operation: "Decisions are based on independent human actions,

regulated by the pressures of supply and demand.

Production and distribution is enabled by the buying and selling of labor

and material provisions, with the motivations of the personal group

(competitive self-interest) as the defining attribute of unfolding and initiation.

that each economic [system] shares in a certain contextual comparison,

all of which I'm going to address one by one.

I will add that the asterisks at the bottom

have to do with issues that relate to the advancement in science and technology

is naturally a part of a scientifically-oriented system

where you're paying attention to what we understand about human health

and you adapt the system accordingly to maintain good public health

or advanced technology (you get the idea),

and this will become more clear as we proceed.

Market economy is driven by consumption. That is the fuel.

That's what keeps you employed. That's what keeps you fed.

That's what keeps the lights on, basically.

It's not that people are consuming to support that, per se.

It is the other way around at this stage:

They're consuming to keep it going, if that makes any sense,

to maintain purchasing power and the stability,

the stability we see that's in jeopardy right now.

If consumption was to stop or significantly slow, as it's doing,

all life-supporting processes are stifled.

The world economy is based on one thing and one thing only:

How does this compare to the demands of the natural world?

It is obviously the opposite: preservation, efficiency.

and the reduction of waste and hence true economic efficiency is demanded.

The example I use: If you had a small island, a small group of people

with natural regeneration of certain food-producing produce, etc.,

you would respect those actual boundaries, the dynamic equilibrium.

Why would you design an economy for your society where everyone

has the initiative to want to consume as fast as possible?

The Earth is indeed a small island in a vast cosmic ocean,

Point 2: Obsolescence, something people don't think about enough.

The market economy maintains two forms of obsolescence:

Intrinsic Obsolescence has to do with cost-cutting necessities of companies,

in order to remain affordable and competitive.

It's called cost-efficiency in traditional economics.

The result is immediately inferior products the moment they are made.

During the Great Depression, the need for turnover to boost the economy

brought about the idea of deliberately reducing good quality

Huge economic praise was given to these people that pitched this stuff.

You can go back and look at the historical record. It's amazing! Awards were given.

[People were] held in high esteem, to create an economy

That was apparently efficient, and it is!

字幕リスト動画再生

市場対技術効率 - ピーター-ジョセフ - Zday 2012 (Market vs. Technical Efficiency - Peter Joseph - Zday 2012)

stuff

enormous

physical

vast