Wednesday, January 3, 2018

An Illustration Of Why Capitalism Can No Longer Be Reformed

Simply put, the collection of enough information to give you an even break of a chance of detecting naughty behavior, and/or critically unstable behavior, requires enormous effort; not only in just getting it either, but also through doing something effectively analytical as well. This, on top of information flow all entities try to conduct to engage in actual transactions of service, or product, for counters in vast arrays of complexly interconnected servers; triggering even vaster cascades of further needed transactions as one event output becomes another event's input.

And then they think they can keep growing the monster as well. Throwing in further checkpoints, and monitoring systems, to keep bad behavior within limits the owners of Capital have laughed at for decades. "Greed is good," as a once famous financier once said. It must be because these folks are making counters like never before, and it aint because we've succeeded in stopping them from being naughty. Too many ways to corrupt now, with too many counters to do it with; and a whole lot of addiction to keep the electrons flowing without even the need of hard copy output at all any more. What a deal.

A slew of new financial rules could make the big European firms even bigger

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[Post Note: This article about the EPA illustrates what William Greider made clear in his work on Capitalism; namely that even when you get legislation passed to control the actions of Big Money, it will always come back to mitigate, underfund, or alter any new rules. And let's be clear here, it's not just because of the greed. It is also because the fundamental insanity of Capitalism demands it; if for no other reason than the simple fact that it does little good to develop new cutting edge products if you can't throw them into the competitive fray in a timely manner. That this might cause other problems down the road is irrelevant to this obsolete operating system. J.V.]

EPA eases path for new chemicals, raising fears of health hazards