This is the material analysis we need to be doing. During COVID I saw farmers shredding crops instead of selling them because we lacked the transportation capacity to get food to market. “How the fuck is that even possible?” you ask? We rely too much on individual truckers when we should be using rail… And that’s kind of an analogy for the whole market.
No system in place to ensure there is enough energy, water, food, steel, concrete, lumber, etc. to go around, just this vague hope that “the market will respond to price information as it always does”.
Well now that price information is telling people to invest in space mirrors to send sunlight to their AI-powered saffron gardens, employing cheap foreign workers rather than local labour so that they can sell the spice to wealthy people. So yeah I think that mechanic is busted now and needs a rethink.
This is the material analysis we need to be doing. During COVID I saw farmers shredding crops instead of selling them because we lacked the transportation capacity to get food to market. “How the fuck is that even possible?” you ask? We rely too much on individual truckers when we should be using rail… And that’s kind of an analogy for the whole market.
No system in place to ensure there is enough energy, water, food, steel, concrete, lumber, etc. to go around, just this vague hope that “the market will respond to price information as it always does”.
Well now that price information is telling people to invest in space mirrors to send sunlight to their AI-powered saffron gardens, employing cheap foreign workers rather than local labour so that they can sell the spice to wealthy people. So yeah I think that mechanic is busted now and needs a rethink.