Intellectual debtism
Intellectual CAPITAL vs intellectual DEBT.
Capitalism means gathering and holding property, then using it to create more life and more value. This still happens in small family-run businesses, but larger businesses have switched from capitalism to debtism.
The stock market first polluted then reversed capitalism.
Now we're in a DEBTIST/BETIST system based on debts and bets. Total abstraction, total sin, total evil, total crime. Gathering and holding are punished severely. You're only allowed to bet. The stock market's sole purpose and sole result is to EXTERMINATE real business and real value and real life and God.
This two-sided distinction applies equally to money capital, land capital, human capital, and intellectual capital.
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I was thinking about my own miniature use of intellectual capital as I reused pieces of my graphic work from 2002. It's a damn good thing I made a habit of storing capital with careful backups, because both my skills and the environment have changed with time. Three separate changes.
(1) My eyes and brain were sharper 20 years ago, but my alleged "artistic" skill has improved. I can reuse the detailed workflow tools and programs I developed back then, which I couldn't possibly rebuild now. What I
can do now is produce a more realistic and better-looking animation.
(2) My earlier work functioned inside a Windows computer where you could count on a stable and flexible set of API commands. Thus my original courseware 'engine' was much more flexible and resourceful than the HTML/SVG/JS mess you have to deal with now. Globalism removes skills. Graybill.
(3) 20 years ago you could buy good anatomical models at a decent price. Consolidation and litigation and digital "rights" management have globalized and Graybillized the market. Now the only source is
one HUGELY EXPENSIVE store. Their products are more
legalistic than the earlier ones, but I don't need legalistic accuracy. I need stuff that won't break my budget. Fortunately I acquired a few good pieces when they were cheap, and even more fortunately I kept them so I don't need to patronize the HUGELY EXPENSIVE store.
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Major point: We measure innovation backwards, just as we
measure value and growth backwards. What we call innovation is actually KILLING innovation. Patents are explicit blockers. Stock manipulation and mergers buy up new ideas in order to squash them.
In the tech world, the only
real innovation is new methods of exterminating heretical ideas and replacing them with rigid and constantly changing orthodoxy. Room 101 is the business model of Google and Facebook.
In sum: NYC eradicates ALL forms of capital. Land, money, workers, ideas. All must be exterminated to achieve the ultimate NYC heaven of PURE MATH and PURE VERBAL ORTHODOXY.
Labels: Real World Math, skill-estate