PeakOil is You
Economic Rights
Re: Economic Rights
by phaster » Thu 20 Feb 2014, 04:11:28
$this->bbcode_second_pass_quote('Plantagenet', '')$this->bbcode_second_pass_quote('pstarr', 'A')ctually the earth and sun revolve around each other.
Not really. Pluto and Charon are coupled rotating bodies that appear to rotate around each other, but both have similar masses so the centroid of mass lies between the rotating bodies and they are both actually rotating around that centroid of mass.
The sun's mass is much larger than that of the earth. While the Earth and the Sun also rotate around a centroid of mass comprised of the two rotating bodies, this centroid of mass is located deep below the surface of the Sun. So the earth rotates around the sun but the sun doesn't rotate around the earth--it only has an extremely minor response to the mass of the earth.
The bottom line is Galileo is still right---the sun doesn't rotate around the earth.
a high school physics calculation would be a 1st order approximation (earth rotates around the sun)
to accurately model the system for a university class, one would need to account for the fact that earth and sun dance around their center of mass
en.wikipedia.org/wiki/Multibody_system
personally I just like looking up into the night sky and enjoying the view
truth is,...
www.ThereIsNoPlanet-B.org
www.ThereIsNoPlanet-B.org
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phaster - Tar Sands
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Re: Economic Rights
by lasseter » Thu 20 Feb 2014, 04:49:48
$this->bbcode_second_pass_quote('Pops', '
')
The thing that guarantees the conceptual value of all that money is the idea that sometime in the future someone will be able to offer the holder something of real physical value in exchange for his abstract money...
So the question is, what happens when it becomes clear that there can never be enough work performed - product produced - to spend all that imaginary money on?
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')
The thing that guarantees the conceptual value of all that money is the idea that sometime in the future someone will be able to offer the holder something of real physical value in exchange for his abstract money...
So the question is, what happens when it becomes clear that there can never be enough work performed - product produced - to spend all that imaginary money on?
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Well the prices reset I imagine. A house in the suburbs goes own in price and good farmland goes up in price etc. That coupled with the disappearance of a lot of the paper wealth.
It was why gold was so preferred in the old days. It took a certain amount of effort to get it out of the ground and you couldn't forge it easily (if at all)
Friends, good long lasting friends, these are worth more than gold
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lasseter - Peat
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Re: Economic Rights
by Pops » Thu 20 Feb 2014, 10:43:04
$this->bbcode_second_pass_quote('Ibon', 'W')ont state owned oil companies increase their share of production as the profits get squeezed beyond what would be the cut off point for a private company to do so?
The main point of my post, however, is really the demand side, not the supply side. And the demand side I am refering to is the vast billions of middle class consumers.
Maybe we have start to frame the question as follows. At what point does a vast growing consuming middle class become more of a liability rather than an asset to the global economy?
The main point of my post, however, is really the demand side, not the supply side. And the demand side I am refering to is the vast billions of middle class consumers.
Maybe we have start to frame the question as follows. At what point does a vast growing consuming middle class become more of a liability rather than an asset to the global economy?
I look at state owned companies essentially the same as private, they too need to turn a "profit", albeit instead of those profits going to a shareholder, they go mostly to the bureaucracy itself - the big difference being the state run enterprise has essentially no oversight. So the outcome of increasing state supply is probably increasing environmental degradation.
It is only the middle class in it's luxury and leisure that has the time and spare cash to be concerned about environmental degradation. When one is scratching for the next calorie he is not much concerned where it comes from or how it is obtained or the view from the veranda, or especially the view from someone else's.
Just as an example, I belong to an electric coop of which there are lots in Missouri. Every month I and every other "member" receive a magazine from the coop association and every month the first page of editorial is on the EPA's actions and how they will raise electric consumer's rates. Every month the call goes out to coop members to contact their representatives and urge them to vote for low rates rather than environmental regulation.
And that is here at the peak of fossil prosperity. The fall of the middle class doesn't bode well for the environment in my opinion, just the contrary. Unlike lots of other novice nostradamus' I don't see the sheep simply laying down to die. They'll scratch and claw and toss out every environmental regulation and Silent Spring sentimentality in order to preserve their last data plan byte and Pringle chip crumb.
So where you see the elimination of the problem, I see the beginning. Grasshoppers only become a plague when they are overcrowded and starving
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The legitimate object of government, is to do for a community of people, whatever they need to have done, but can not do, at all, or can not, so well do, for themselves -- in their separate, and individual capacities.
-- Abraham Lincoln, Fragment on Government (July 1, 1854)
-- Abraham Lincoln, Fragment on Government (July 1, 1854)
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Pops - Elite
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