capitalism – Page 8 – Nick Grant

Nick Grant

Tag: capitalism

  • It’s a Hard Life Being Rich & Beautiful

    This is a story about being a whiny little rich kid…

    Hawaiian Boy

    “Daddy didn’t love me enough” I cry, on the psychotherapist’s couch. “I blew all the money my parents gave me on an unsuccessful business idea, and now I’m going to have to ask for some more” I wail. “Life is so unfair” I say, with a sour face.

    In actual fact, I have never dared to dream. I’ve been offered a bunch of university places unconditionally, but I’ve never thought that it would be practical or realistic to spend time studying when it doesn’t pay the bills. Of course, I would have loved to stay with my peer group, make new friends, fall in love, party & get drunk, have the joys of freshers week and also complain for the rest of my life about how stressful my finals were and how I stayed awake all night to finish my dissertation.

    There are several career paths that are much more suited to my interests and my values than my chosen profession. However, how could I possibly pursue my dreams when life is sheer stressful misery without money? Where am I going to get money? Is it going to be gifted to me by my family? No way. Not a chance.

    “Do what you love and money will follow” rich beautiful children are told by their doting parents. For the rest of us, it’s just some pipe dream that will end up with us returning to the rat race somewhat humbled and with our life savings having disappeared into somebody else’s pockets.

    A fool and his money are soon parted, and there are so many people coughing up loads of cash to a lifestyle industry that promises to deliver the job of their dreams… for a price. Loads of people are spunking their hard-earned money from the rat race, on the dream of starting a little business where they can be their own boss and have a flexible lifestyle. Bullshit.

    For those who are seriously rich, through their wealthy family and pure dumb luck, they are able to have multiple attempts at finding their dream job or founding a business that’s self-sustaining enough to be able to pay a meagre wage. So many ‘self-made’ successful entrepreneurs do not bear close scrutiny. Upon detailed examination, it appears that most of the ‘success stories’ started with large interest free loans from their family. Success requires your risk to be underwritten. How can you take the risk of setting yourself up in business if failure is going to leave you destitute?

    There’s a joke in the startup community about the first round of investment being for “friends, family and fools”. However, I’m not some rich kid dreamer. Every company that I’ve founded (I’m on number 4 now) has been profitable. I’ve never had a bankruptcy. For some spoiled little rich kids, having a bankruptcy is seen as a rite of passage. I think bankruptcy just shows a complete lack of entrepreneurial ability and a reckless attitude towards business that is detestable.

    Of course I’d love it if I came from a wealthy family, and I felt that my risk was underwritten so that I could keep trying multiple business ideas until I found one that worked really well. My businesses are always grounded in the realm of profitability. I’ve built businesses that have needed very little investment. My businesses have always been cashflow positive. I don’t have money behind me and failure has meant destitution.

    I’m a bit pissed off that my parents got handouts to buy a house, start a business, and generally had their risk underwritten. Not only did they get a free university eduction, but they also fucked about doing whatever the fuck they wanted, and being reckless idiots, taking drugs and generally doing very little to take some fucking responsibility.

    The thing that really pisses me off, is that they were then hypocritical enough to tell me to not dream. They told me that university was unaffordable because they’d spent all the family’s money on cigarettes, booze and drugs. They told me that I would have to get the first job I could find, because they had no interest in supporting me and my sister in achieving our fullest possible potential. My parents’ objective in life was to bumble along drunk and drugged up, working dead-end jobs that neither paid the bills nor provided them with a pension for the future. Dickheads.

    So, if I paint this picture of myself as a rich playboy, it’s all a bit of an act. Obviously, when things went wrong for me, I ended up homeless and destitute. Nobody was there for me. Nobody underwrote my risk. No assistance was forthcoming.

    Everything I’ve built, and everything I’ve done, has come through my own resourcefulness and hard work. I’ve suffered in the bullshit jobs of the rat race in order to raise enough cash to pursue my dreams. When things haven’t worked out, it’s been me who’s paid the price. Each time I try to escape the rat race, I do so in full knowledge that failure means homelessness and destitution again.

    I live with stress and fear, and it’s quite real. Nobody’s going to take pity on me. Nobody has given me a hand out.

    “Where is everybody? Where are the people who claim to care about you?” my flatmate asked once, when I had been into hospital and a couple of social workers were trying to help me out, because I am obviously so very alone. My flatmate was surprised that anybody who seems to be popular enough amongst their friends and successful at work, could find themselves so utterly alone. I guess that’s what happens when your parents’ priority in life is the getting and taking of drugs.

    I was not surprised. I’ve spent weeks in hospital, with the only visitors being a handful of London friends. My family are as good as dead to me.

    In fact, my family have been a hinderance not a help. Drunken and abusive phonecalls in the middle of the night, and being expected to travel hundreds of miles, spending hundreds of pounds on petrol and gifts… and for what? To be abused? To be left to die on my own in a hospital that’s only a 45 minute train ride away. What a joke.

    And so, I’m neither one of the beautiful people, nor am I blessed with family wealth. Don’t believe the hype. All those ‘self made’ entrepreneurs are backed by loving families who are at least reasonably wealthy.

    So, am I upset with my lot in life? Do I think that I deserve the advantages enjoyed by those serial entrepreneurs who go back to their families again and again to get more money to keep their business ambitions alive? Do I think that I should be able to pursue the arts, because my wealthy family are all duty-bound to become patrons? No.

    I just want to escape the rat race, because I wasn’t born to just pay bills and die. I’m fed up of being a wage slave to the wealthy elite. I’m fed up with the rigged game that means you can never get ahead. There’s no escape. There’s no peace. There’s no real opportunity.

    We’re told the world is stuffed full of opportunity and the streets are paved with gold. Take another look. Look really hard this time. Yes? You see now? You need money to make money. You need a wealthy family behind you to underwrite your risk. Behind every artist who is loving what they do, is a wealthy patron. Behind every person pursuing their dreams is a whole heap of money.

    Don’t pursue your dreams. If you pursue your dreams, you are just impoverishing yourself, and making yourself an easy target for those who wish to keep you in economic slavery. Without those precious life savings, you can’t escape and you’ll have to go back to the rat race with your begging bowl.

    That’s what’s happened to me, and that’s why I’m so unhappy about it. Not because I’m a spoiled little rich kid.

     

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  • Turning Point

    This is a story about being on the run…

    Found me

    When you’re no fixed abode, the systems can’t really cope. It’s hard to even rent a VHS video cassette without two forms of identity that prove your address, let alone get a job or in any way re-enter civilised society.

    Nowadays, when you come to rent a house or a flat, you will need to do a credit check. How are you going to pass a credit check if you don’t have two recent utility bills? How are you going to pass a credit check if you’re not on the electoral roll anywhere? Often times, even jobs require a credit check.

    Can’t get a job and a place to live without a home, and can’t get a home and an income without an address: Catch 22. Game over.

    I’m now on the electoral roll again. I’m now the bill payer for council tax, electric, gas, water, sewerage, telephone and every other service that leeches away your hard-earned cash every month, along with your rent or mortgage. Interestingly, you can’t even get electric & gas without a credit check sometimes. Sometimes you have to buy electric & gas on a key meter, so that you don’t rack up big bills that you’re in no position to pay.

    When I went off grid, I disappeared out of the system.

    Without the system knowing that I was paying utility bills somewhere, the system assumed I was a no-good worthless piece of shit. I would have been unable to rent my apartment, except for the fact that I’m a blagger and a hustler, and I kicked off a big stink with the letting agent about being a non-dom and wanting to keep my financial affairs private. They seemed to buy it and let me get away without doing a credit check.

    Interestingly, I just about managed to sneak onto the HSBC contract I did last year, because the system hadn’t quite caught up with the fact that I’d disappeared off the grid. HSBC is not in the habit of employing homeless junkies and giving them the opportunity to improve their lives and get ahead. Thankfully they are also truly appalling at due diligence, which was the project I was there to work on, ironically.

    This year, I’m now security cleared to a level that would allow me to get onto nuclear sites, most probably. That’s not unusual for me. I signed the Official Secrets Act when I was 17, and I’ve been on several nuclear submarines, as well as working on some highly classified projects. God only knows how the vetting works, but they didn’t seem to pick up that I have 3 criminal cautions from the police, or the fact that I’ve spent the best part of the last 3 years hustling like hell to try and save my own life.

    The system has very much worked against me, to try and keep me trapped into poverty and homelessness, but the tide has turned.

    Today I received a letter. On the back it was marked “ProSearch”. I thought “oh no! what horrible thing from my past is now rearing its ugly head to come and bite me on my arse?”.

    Upon opening the letter, it appears like ARM Holdings Plc – which is a company I invested in back in the 1990s – has been trying to track me down to give me some money. The last address they have on file is from 10 years ago. They spent some money trying to find me, so they can give me some money. That’s quite cool.

    People don’t generally track me down to give me money. In fact, a lot of the people who owe me money tend to go out of their way to avoid me. Not because I would ask them for the money back, but because they probably don’t have any intention of paying me back, and perhaps they feel bad about their debt. I expect a few people who owe me money would pay me back if they could, but they’re never likely to escape the grinding poverty that they’re in. I’d rather write the money off anyway. I can always earn some more money, but making new friends is hard.

    Anyway, this is quite a nice change. Instead of bloody bean counting idiots chasing their pathetic paltry sums of money that apparently I owe because somebody sold me into slavery before I was born, I’m now having people trying to find me to give me money.

    I don’t feel owed this, you understand? I don’t feel entitled. But it’s good when the tide turns and it feels like hard work is actually getting somewhere.

    I wasn’t born to just pay bills and then die.

     

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  • Blogging at Work

    This is a story about office life…

    Image within an image

    Look closely at the image above. It appears like I already wrote this blog post. It certainly feels like that. Haven’t we been here before? Deja vu?

    When you get stuck into a cycle, how do you break out of it? When the loudspeakers scream with feedback, because the sound that the microphone captures is being amplified and re-amplified, how do you reset, without cutting the power?

    My behaviour might look self-sabotaging, but I’m actually deliberately burning bridges so that I have no line of retreat back to the places that made me unhappy in the first place.

    When I worked in the City the first time around, I used to have 3 or 4 strong macchiato coffees every day. That’s 12 espresso shots. I used to get drunk most lunchtimes and after work. I needed 2/3rds of a bottle of red wine to get to sleep, after all that coffee.

    Uppers and downers, round and round. We rode the rollercoaster nonstop until we were sick. Every day, every week, every month, every year… they were the same.

    When I was in my early 20’s it wasn’t such a big deal. We used to tank up on caffeine, churn out a load of code that would form the backbone of the world’s economy, and then go get drunk to try and calm down a bit. We thought we could carry on like that forever, with our uppers and downers.

    I saw colleagues get sick with stress, anxiety, depression, alcoholism. Some of my colleagues needed liver transplants. Some of my colleagues died. The system chewed us up and spat us out.

    By my mid 20s I’d owned a yacht, a speedboat, sportscars… for some reason no amount of material possessions and status symbols seemed to quench the massive insecurity and frustration with life. Take a socially awkward, unpopular geek, sprinkle in wealth and the illusion that you’re being ‘successful’ in life, and you wind up with a pretty confused adult.

    While my schoolfriends paired off with lifelong partners and started to have children, I would suddenly decide that a loving relationship would be my salvation. I moved to a Surrey commuter town with a girlfriend, and started to play golf and generally start to think & act like a middle-aged family man. That was a bit of strange thing to do for a 21 year old.

    Back in London after my first experiment into becoming a happy adult had failed, I satisfied myself with extreme sports, Internet discussion forums and lots of holidays and weekends away with nice big social clan. The London Kitesurfers ‘club’ was a lovely thing to be part of for several years. However, I still felt that I was missing that ‘love’ piece of the puzzle.

    Some nice scientist kitesurfer girl seemed to tick all the boxes, and I launched myself with great intensity at a long-distance relationship that was never going to work. Relocating to the South coast, I quickly got involved with a geek girl who was into adventure sports: she seemed ideal, on paper.

    I set about building the framework for a comfortable family life: the house, the steady job, the sensible car. However, I ignored the massive red flag: my girlfriend was a mean person.

    I’m not easily dissuaded from my goals. Whatever obstacles I encounter, I just go around them. I’m a completer-finisher. I try to fix, improve, change, rather than throw things away or start again.

    Anyway, I was flogging a dead horse. No matter how many times I painted a perfect picture postcard of how life could be, I’d found somebody who was stubbornly resistant to the idea of being nice and kind and supportive of the person who potentiated a 5-star luxury lifestyle for both of us. There was plenty of space for us both to shine, but sadly, she wanted me to be subdued and subserviant. She had gotten used to being showered with praise and being top of her class. She wasn’t used to sharing the stage. She wasn’t prepared for both of us to be happy.

    I abandoned that life. I lost my business, my reputation with the major employers in the local area, my house and a substantial chunk of my wealth. I was fighting for survival, so I didn’t have the time to go and carefully unpick the things that I had spent years building. I had no need of a house and shedful of things. What was I going to do with all that stuff? It was an unncessary millstone around my neck.

    Now I find myself following a tried-and-trusted formula for wealth and ‘success’. I’m rapidly putting together a lovely home again. I’m rapidly rebuilding my cash position. I’m rapidly rebuilding my reputation. However, I’ve seen it all and done it all before. I’m just going through the practiced motions.

    “How did you know that was going to happen?” my colleagues ask me, like I’m some kind of clairvoyant. My ability to ‘predict’ the future is nothing more than making educated guesses, because I’ve been seen it all before. It looks prescient, but it’s no more amazing than somebody who’s learned from their mistakes.

    That means my day job is pretty dull. I finish people’s sentences, and I take great delight in giving people things they need before they ask for them. I’m ahead of the game. In the oft-quoted words of Wayne Gretsky, I’m skating to where the hockey puck is going to be.

    I’m aware that this seems very arrogant. I’m not delusional. I know I’m not special or different. I know I’m no smarter than your average Joe.

    I’ve done a ‘gap’ analysis, of my unsatisfying, unfulfilling and depression-filled life, and it seems like I need a dog, a cat, some kids and a loving supportive partner. If you ask children to draw a picture, they’ll normally draw a house, the sun, some clouds, their parents and brothers & sisters, their pets. It seems like a pretty tried-and-trusted formula for life.

    However, I even feel guilty about my cat living with my parents because he comes from a broken home. My cat, Frankie, has had to move house once in his kitty life, and I feel bad about the disruption and stress I caused him. I would love it if Frankie could live with me, but it would be cruel to make him live in a 4th floor apartment in a busy city. Having Frankie adopted by my parents, with their generous garden and surrounding Cotswold countryside, was the least bad option, but I still feel guilty.

    Can you imagine how bad I’d feel if I had kids and they had a stressful home life? Can you imagine how guilty I’d feel if I knew that I selfishly chose to have children because they would give my life purpose and meaning, but I failed to adequately consider that the world I bequeathed to them is dying?

    I’m running in autopilot at work. My brain is on tickover, doing my job. This unfortunately leaves a lot of time to consider the plight of the world’s poor and struggling people. I have a lot of time to think about war and preventable diseases. I have a lot of time to think about inequalities and morality. I seem to be like a sponge, sucking up all the pain, suffering, cruelty, anger, hostility, selfishness, greed and immorality that seems to characterise the human race.

    I could cut myself off from reading the news, but what would I do all day while I’m bored at work?

    I can read the news, and if I get caught then nobody’s really that bothered because I’m on top of my work and performing well. If I write my blog and try to stay on top of these feelings that threaten to overwhelm me, then I’m always nervous that my mask is going to slip.

    I’m flirting with disaster anyway, wearing a semicolon tattoo just behind my ear, that advertises my struggle with depression, anxiety, addiction, self-harm and suicidal thoughts and suicide attempts.

    When you have a problem, you can try to solve the root cause, or you can find a workaround. I know what the workarounds are. I know what the root cause is. I’m just not really satisfied that I can either do much about human nature and a selfish race intent on destroying itself, and neither am I very happy to attempt to insulate myself from reality, using drugs and money to put myself into a protective bubble

    Begging is illegal in the City of London. Canary Wharf is a private estate, so undesirable members of society can actually be thrown out of the rich little enclave. You can kid yourself that there aren’t any problems in the world, because you don’t see them – out of sight out of mind – but that’s why we got in this mess in the first place.

    What happens next is as much a question of morality as it is a question of personal survival. Is it better to have lived life with some values and standards, rather than just saying “I was just doing what everybody else was doing” as if that’s some kind of defence.

    I know this is very lecturing, and once you’ve got skin in the game you have no choice but to try and do the best for your tiny tots, but I have a choice. I actually choose not to get a dog, because they’re polluting (dogs need to eat masses of meat) and I choose not to have a family, because I can’t make any guarantees that there’s going to be a liveable planet for them to grow up on.

    It doesn’t make me a morally superior person. It’s just the way I personally think. I know parents are racked with worry about the kind of world that their kids are going to inherit. I do empathise with the stress and challenges faced by families. Doesn’t mean that’s an excuse for me to join in though.

     

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  • Clean Conscience

    This is a story about immorality…

    Clear Conscience

    When the end comes, did you feed people? Did you clothe people? Did you shelter people from the storm?

    If you profited from human misery, you’re going to find it pretty hard to live with yourself, knowing that you’re about to die.

    If you didn’t build anything of consequence, or bring joy to people’s lives, the chances are that you were simply a perpetrator of human suffering.

    “Oh I just did the accounting”

    Yes, but you probably helped the loan sharks to kneecap ordinary people. Debt is slavery. Did you work for the banks, in raping the planet and taking all her natural resources in order to poison the very air we breathe? How are you able to sleep at night? Because you shredded all the evidence? What a load of horse shit!

    Have you extrapolated what you do, and considered a planet where we all perpetrated the same fucktardery as you do? It’s literally Hell on Earth when everybody is just a selfish shitbag.

    You can’t say “other people were doing it too” as any kind of defence. Morality is absolute, not relative. Just because you were surrounded with other monsters who were riding roughshod over the struggling masses, doesn’t mean that you are somewhat in the clear. Your conscience doesn’t lie: if you’re fucking people over, you’re a bad person.

    Unquestionably capitalism doesn’t work for the vast majority. When less than 70 individuals have more money than over 50% of the global population put together, you’ve gotta call out that system as utter bullshit.

    Sure, you’ve gotta pay your mortgage and your kids need shoes, but what the fuck kind of world are they going to inherit anyway if you’re just an immoral fucktard. It’s no defence to say “I was just following orders” or “I was just doing what everybody else was doing”.

    Stop. Think. Act.

     

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  • Escaping the Rat

    This is a story about bullshit jobs…

    Rat Attack

    In the east end of London, sandwiched inbetween Hackney and the area that used to be responsible for producing clothes and shoes, is the tiny oasis of Silicon Roundabout. The concrete mostronsities that sprung up in the postwar era, after the factories were bombed to shit, are now home to the darlings of the UK’s tech industry.

    TechHub, which is just a stone’s throw away from the Old Street roundabout, prides itself on not having a proper ceiling to conceal its air conditioning ducts. The desks are battered and constructed from scaffolding. The urban decay of the whole area is part of the appeal. I mean, you can work in a disused underground train carriage for fuck’s sake… some kind of hyper-trendy modern office.

    And yet, this hipster village borders the City of London, where the world’s investment banks and hedge funds headquarter themselves. Money is made hand-over-fist in London’s financial districts, and all of the profits are enabled by smart tech people. There isn’t a single cent that lines the pocket of a capitalist without some computer geek having written some software to make it possible.

    There are two kinds of brain drain in operation.

    Jaded City workers jack in the corporate humdrum of suits and 9 to 5, to head into the world of Hoxton, Shoreditch and Silicon Roundabout in order to grow a ridiculous beard and ride a bicycle with fixed gearing. Meanwhile, the very smartest are poached from the digital agencies and other parts of the thriving software community, in order to build the backbone of the financial system and re-architect the whole world economy.

    Sadly, the main conduits for smart people still deliver the bulk of those graduating with first-class degrees and 2:1s from the best institutions, straight into the hands of bloodsucking parasites.

    What was your degree in? Chemistry? Geography? Psychology? English? History? Epidemiology? Medieval iconography?

    Who fucking cares?

    If you’re smart enough to have risen to the top of your classes, you’re going to be hoovered up by the financial services sector, which dominates 80% of the British economy. Sooner or later, you’re going to find yourself working in a towering phallus of glass and steel, which is a monument to the stupendous stupidity of man.

    While red-braces wearing men fill their wheelbarrows with worthless paper, the rest of the world rumbles on, but is seen as unimportant compared with the “masters of the universe”. It’s obvious that you can’t eat a futures contract, or a derivative, but yet the bulk of the ‘money’ in the world is derived from legal contracts that are almost impenentrably complex. Clever little cunts just coming up with clever schemes to scam the ‘real’ economy out of their labour and productive output.

    How did it all begin?

    Well, at the Royal Exchange, a farmer decided to sell his crop of wheat before it had been even harvested. This was the original futures contract. From this grew options, swaptions, interest rate derivatives, exotic credit derivatives and every flavour of cuntery inbetween. It’s utter horse shit.

    Now, you work all fucking day and your salary isn’t even a rounding error on a balance sheet somewhere.

    The amount of cash in circulation is nothing. It’s meaningless. Financial services and the abolition of the gold standard means that the bankers are just adding extra zeros onto the end of everything just to prop up an utter horseshit system based on perpetual growth. As long as the masters of the universe are getting more zeros on their salaries and bonuses. That’s the real reason why anybody has to suffer austerity.

    Sorry about that.

     

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  • What Have the Nazis Ever Done for Us?

    This is a story about invasions…

    Nazi salute

    Are you worried about your culture being wiped out? Are you concerned that we could all end up speaking German, Japanese, Chinese or Arabic? Are you concerned that you will no longer be able to worship your favourite imaginary friend? Are you concerned that you’ll have to salute a different combination of colours, stitched into fabric and raised on a flagpole?

    When you look at nationalism, you’ll see that it’s pretty insane. While some people willingly learn another language and enthusiastically adopt the culture of another country, and go and live amongst those people, others believe that “our” way of life is worth dying for. In fact, they believe “our” way of life is worth killing for.

    Why would somebody learn German and go and live in Germany? Surely that would be like surrendering to the enemy. Surely that would be a slap in the face to our brave grandfathers and great grandfathers, who fought in two world wars so that we never had to learn another foreign language or eat a bratwürst. Our dead relatives laid down their lives so that we should never have to suffer an Oktoberfest and drink large steins of cold beer brought to us by buxom wenches in lederhosen.

    When we study history and people’s attitudes, it was nationalism that was the main reason we went to war, not the protection of the Jews. The genocide that was being committed is what we are mainly taught about today in schools, but the strongly held belief in British hearts, was that we needed to protect our country.

    Only when our European allies had been completely overwhelmed by German forces, and they had reached the northern beaches of France, did we decide to put some boots on the ground.

    If you examine the rhetoric of Donald Trump and the Brexit movement, you will hear similar attempts to stoke up nationalistic fever and paranoia over an ‘invasion’. Apparently, a “swarm” of brown people are on their way to our shores, intent on fucking up our national identity. We are told to live in fear and mistrust of our Muslim neighbours, who wear strange clothes and congregate in strange buildings. Islamic culture is so different from ours, and we are being trained to treat what is different with suspicion of an ulterior motive, of overwhelming everything we hold dear.

    Talk of walls and pulling up the drawbridge. Shut down the borders. Send “them” home. Look after “are” (sic.) own. Britain First. Make America great. Blah blah blah.

    But, if we ignore the social problems that are driving suport for far-right jingoistic nationalists, like Trump, Farage, Le Pen, then we fail to defeat them. By continuing to bury our head in the sand and repeatedly just cry “racist” and “bigot” then we continue to drive a wedge between enlightened liberals, and the vast numbers of poorly educated people who feel economically disenfranchised.

    Why would I talk about economics? Surely ordinary British people just want an integrated society, full of fellow British people, not all these damn foreign types with their weird food and strange customs? Well, no not really. The reason why people have rounded on immigrants, as has been stated ad nauseum, is that people feel poor and insecure in their jobs. Ordinary people are economically disadvantaged, and there is a popular belief that immigrants are fuelling excessive competition for a finite number of jobs and resources.

    I’m about to suggest another, more controversial reason, why we have been taught that the West has ‘won’ and our way of life is the correct one.

    Let’s leave all discussions about anti-Semitism and the holocaust aside. Of course, any discrimination based on colour or creed is wrong. Of course, any act of genocide is deplorable. These things are not the topic of my thesis. Let’s set those points to one side, because they’re discussed at length elsewhere.

    Now, let’s think about how the Nazis swept to power. Do you think Hitler said “let’s kill all the Jews” and all the Germans went “Yeah! Brilliant idea! Let’s vote for this guy!“. Nope. Even if the Nazi policies of getting rid of gypsies, homosexuals, the mentally ill, Jews and other minority groups was central to their meteoric rise to power, something else was driving it.

    Think about the economic situation in Nazi Germany. The country was saddled with debt. The war bonds were a crippling millstone around the neck of the ordinary German people. For every Deutsche Mark that was produced by hard working ordinary Germans, 17 more Marks had to be found for the repayment of national debt. The German people felt enslaved to the money lenders, and the money lenders were perceived as Shylocks (Jewish money lenders, Jewish bankers).

    In the twenty year period in-between the world wars, ordinary Germans had been massively economically disadvantaged by the national debt, in the form of war bonds and reparations, that their own government and nation had taken on. Do you think the ordinary Germans felt that they owed this debt? Do you think that, given the choice, they would have borrowed so much?

    The German people wished to free themselves from the slavery of interest payments and the tyranny of capitalism. The Nazi movement was essentially an anti-capitalist movement, with the ideas of Gottfried Feder at its roots. The Nazi movement was more akin to communism than the neoliberal capitalist democracy that we assume was the basis for all Western economies in the 20th century.

    How were the Nazis able to motivate so many people to work hard to produce vast quantities weapons of war that are hard to not admire, for their sheer feat of engineering prowess? Germany took a great leap forward in putting the instruments of industry to productive use. From a position of being economically depressed, and with massive financial problems, how was it able to build airships, planes, tanks, bombs, guns, and massive amounts of infrastructure to support itself? How did Germany go from depressed doldrums, to becoming a world superpower, so quickly?

    The answer is that they abandoned capitalism.

    What, in essence, is capitalism anyway? Well, it’s putting capital to work, through interest bearing financial instruments. Instead of having labour exchanged for food or goods or services, instead, debt is exchanged for factories and machinery, and people work because they don’t own any of the factories or farms anymore. Where does the capital come from? The capitalists. Where does money flow to? Back to the capitalists.

    Gottfried Feder figured out the pyramid scheme of capitalism. In his Manifesto for the Abolition of Interest Slavery, Feder explains how the owner of a factory does not benefit from the productive output, and neither do the workers either. Instead, the bonds that paid to purchase the factory bear effortless interest, meaning the profits of the factory flow back to the capitalist. The people who work in the factories need to buy the goods that the factory produces, so, their money again flows back to the capitalists. And through the exponentially multiplative effect of compound interest, the capitalists will grow ever richer, while never having to do a single day’s labour. Infinite endless effortless capital.

    It was an economic idea that brought the Nazis to power and kept them there. The Nazis brought a sense of prosperity and wellbeing to a nation that had felt depressed and enslaved to the capitalists. The Nazis brought about pride, not in the nation, nor the flag, nor the Nazi party, but in their productive contribution. People feel proud to have done a good day’s work and to have produced something. Economic depressions rob people of their feeling of self worth. Economic depressions rob people of their self esteem.

    Now, if we look at Islam, we can see that a core teaching of the Muslim faith is that earning interest is a sin.

    In fact, do you think of yourself as Christian? Yes? Did you know that Christian supposedly means that you’re Christian. That is to say, you follow the teachings of Jesus Christ our Lord and saviour. Do you believe in Christ?

    Well, Christ is documented as saying “build no store of wealth on this Earth”. Christ is documented as smashing the tables of the money lenders in Herod’s temple. Think about that for a second.

    Had time to digest that? Yes, that’s right. Jesus Christ was anti-capitalist.

    So, if we look at the successful religions from the past 2,000 years, and the most recently succesful attempts at world domination, you will see that anti-capitalism is the secret to their success.

    Look at the Chinese. In 58 years, the Chinese have brought a nation of 1.3 billion people into economic prosperity. China has become a world superpower. China is one of the largest economies on the planet. How did they achieve that? By rejecting capitalism.

    Islam counts 1.6 billion souls following the Muslim faith, and enshrined in law in Arab countries is the illegality of charging interest on loans. Imagine that! Imagine every bank in Europe and America being no longer allowed to charge any interest!

    So, if you’re looking for a reason why we should all fear the ‘invasion’ of these conquering hordes, and the demise of our precious culture, you might find that you’re empathising with the likes of Rothschild and Goldman Sachs, cowering in terror because their plutocracy is about to be overthrown by the people that they have economically enslaved.

    Why do we have a nation of bankers, lawyers and accountants, when those professions are only needed by the very wealthiest 0.1%? We are shaped in the image of what our rulers think is important. When we are governed by billionaires and millionaires, our whole nation and the priorities of our laws are shifted towards supporting their needs, not ours. We are producing trillions of dollars worth of useless derivatives, rather than useful goods & services.

    Imagine if we took our best & brightest out of UBS, JPMorgan, Deutsche Bank, Merrill Lynch, and instead deployed them to work in science and engineering. Imagine if we took our hardworking poor in McJobs, and instead allowed them to build wonderful things for the betterment of humanity. Imagine how much happier and productive everybody would be if they were working towards something, rather than against everything.

    Our world is so adversarial, with us & them, the haves and the have-nots, the rich and the poor, the wealthy white Westerners and those pesky brown people who want a few crumbs from the table.

    In actual fact, there’s plenty of everything to go around, but we are so intent on playing by the existing rules of the game, that we fail to wake up and realise that we are propping up a status quo that only makes us poor, disadvantaged and divided.

    What have the Nazis ever done for us? They’ve shown us that economic ideas can create prosperity, optimism and productivity. They’ve shown us that there’s a better way than neoliberal capitalist democracy.

    It’s distasteful to revere the successes of the Nazis, because I might be seen as also endorsing their genocide and ethnic cleansing. However, what could be more ethnically cleansing than building a massive wall, deporting all the Latinos and banning people of a certain religious faith from entering your country? Trump epitomises everything that is bad about the Nazis, whilst offering nothing that was good about them.

    We need to cherry pick the best ideas, and we need to get rid of the ideas that enslave us and hurt the vast majority of ordinary people.

     

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  • Living Within Our Means

    This is a story about the rich:poor divide…

    Travel money

    Theresa May, the British prime minister, had the gall to lecture the poor on living within their means. In actual fact, the poor are working hard and just trying to keep up with the wealthy, who are racing ahead.

    If you look at the Instagram account called Rich Kids of Instagram you will see that it is extremely popular. ‘Reality’ TV shows that have followed mega-rich people like Ozzy Osborne and family, the Kardashians and the cast of Made in Chelsea, are some of the most viewed and talked about things on television. Wealth worship is everywhere, and is it wrong for people to feel that they deserve a little of the life that is rammed down their throats by the media?

    When we are talking about living within our means, this is coming from politicians who spend 6-figure sums of money each year on expenses alone, while also pocketing salaries that are many many times more than the average wage. The problem comes right from the top. The more that rich public figures splash their cash, the more the hypocrisy is insulting when they tell the poor to tighten their belts.

    How many people on council estates are driving Ferraris that they can’t afford the repayments on? How many hardworking families have ordered yachts that they now can’t afford to pay the remaining balance on?

    When we talk about living within our means, we are talking about people who are quite familiar with budgeting, make do and mending, and the general attitudes of postwar austerity. Really, when talking about living within our means, we should be talking to the banks, who recklessly endangered their financial stability by not living within their means in terms of their ability to maintain solvency. It’s the banks that are insufficiently capitalised and are excessively over-leveraged. It’s the banks that have lent many, many, many times more money than their reserves allow, in the pursuit of endless effortless profits.

    When a person borrows money, they intend to repay that money using hard work. The borrower will go to their job every day, and be productive. In return for a person’s hard work – productivity – they will receive their salary, with which they will buy the things that they need and repay their debts.

    When a banker lends money, they intend to profit for no labour at all. Through interest slavery, the banker will make money, simply because they already have money. Using the money multiplier – fractional reserve banking – the banker will in fact be able to lend the same money, over and over and over again, multiplying the amount of effortless interest that is earned each time.

    It is the banks who are not living within their means, nor being hardworking or productive in any way. It is the banks who have decimated global finances, and are now demanding that the hardworking people accept austerity, pay freezes, job insecurity, unemployment and low growth, simply because they overstretched themselves in pursuit of yet more effortless and labour free income for doing absolutely nothing.

    Let’s imagine that a banker, with zero money of his own, is paying a generous interest rate of 0.25% on deposits – exactly the same as the Bank of England. Using a fractional reserve of 5%, which is the minimum requirement for today’s stress-tests of banks, to make sure they’re adequately capitalised in the event of another credit crunch, that means the banker can multiply a £1,000 deposit into nearly £19,000 worth of loans. Obviously, the loans carry a hefty interest rate. Let’s imagine that the banker lends out the £19k as overdrafts, which often carry a 20% APR on the high street. In a year, the banker will now net nearly £4,000 of profit, for doing absolutely nothing, out of just a £1,000 deposit. That’s a 4 to 1 ratio! For every £1 deposited with Utter Bastard Bank Plc, they’re going to make nearly £4!!

    So, while the poor toil and tighten their belts, buying the cheapest groceries they can and cutting back on every expense, the banks are getting fat for doing absolutely nothing at all. Interest slavery is a con and a crime, and the perpetuation of this situation is the only reason why ordinary hardworking people are having to suffer NHS cuts, crowded public transport, packed classrooms, pay cuts, redundancies and every other economic penalty for the bankers’ failure to live within their means.

    Yes, we’d all like to make money while we sleep. Yes, we’d all like money for nothing. However, a bank is just utter bullshit. A bank is supposed to be an instrument to grease the wheels of commerce, not a massive leech, sucking so many pounds out of people’s pockets, for every penny they leave in their bank accounts.

    And, when you’re richer, the things that go wrong in your life are mere pocket change. Let’s look at a person who earns £20k, versus a banker who earns £200k, i.e. a 10 to 1 ratio:

    • Parking fine £50… costs the banker £5
    • Car breakdown £500… costs the banker £50
    • Need a new central heating boiler £3,000… costs the banker £300
    • Private school fees £12,000… costs the banker £1,200
    • Food £300… costs the banker £30
    • Holiday £700… costs the banker £70

    Imagine if your budget used the values that the banker pays. They’re a much smaller percentage of your income, aren’t they? Life would be a lot easier if everything cost 1/10th of what it does. Well, guess what, the banker pays exactly what you pay, except they earn 10 times as much, so the two things are equivalent.

    Everybody’s car breaks down from time to time. It’s a fact of life. In fact the shitty old unreliable banger that the poor family bought, is much more likely to break down than the brand new BMW that has a warranty, that the banker bought.

    Once you’ve got money, you can keep it and you can make some more. If you haven’t got any, no amount of living within your means is going to improve your situtation. It’s a con. It’s utter bullshit. It’s a swindle.

    When the banks in Italy start to fail, and cause a domino-like collapse of all the banks across the world in a re-run of the 2007/08 financial crisis, except much, much worse, it will become apparent that all of the suffering that ordinary people have gone through in order to rescue a deeply flawed banking system, was for nothing.

    I think people are going to be pretty angry when they realise that patronising idiots like Theresa May arrived in their positions of power by luck not good judgement. I think people are going to be pretty angry when they find out that the good times never stopped in the City of London, and pay rises and bonuses are just as big as they ever were, while all the hardworking ordinary people suffer the consequences of propping up a broken and corrupt system.

    It’s time to smash the system, and rip it out of the hands of a psychopathic elite who would have us starving and dirty, living on the streets, if it meant they could maintain their ill-gotten position of wealth, power and domination.

    What’s the difference between a successful banker and a struggling worker? Absolutely fuck all, apart from pure dumb luck, but those arrogant fucks don’t even realise how fucking hypocritical and patronising they are when they accuse other people of being underachievers, having been profligate and poorly mismanaged their finances, and having not worked hard enough.

    It incenses me, that a tiny handful have such unimaginable wealth, when so many billions live in abject poverty. Just 62 people have as much money as 3.6 billion others. There is so much that is wrong with that. Off with their fucking heads!

     

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  • Never Be Grateful For A Job

    This is a story about profit…

    Sundial

    If you work in a free market capitalist economy, the company you work for is run for maximum profitability. In order to maximise profits, a company will have the fewest possible admin staff it can, to keep overheads low, whilst also having as many revenue generating staff members as the demand for the company’s products and services can support. There are no jobs that are created, solely for the benefit of the employee.

    Think about it: if you were to quit, the things that you do wouldn’t be getting done. If you’re in an administrative function, perhaps that means bills not getting paid, invoices not being issued or regulatory requirements not being met. Sooner or later your business is going to get shut down if it neglects its backoffice functions. If you’re in a sales function, that means less revenue for the business. Less revenue means less turnover, which lowers the company’s valuation, making it harder for them to raise money for expansion. Less revenue means lower profits, meaning less champagne at the shareholders’ annual meeting and tough questions asked of the board of directors.

    Your salary is a payment for your time. Your time is then used to enable the company to continue to trade, or to make it directly more profitable. Your salary is offset by profits. Your salary is not a gift, out of the kindness of the heart of your boss. Your salary is way less than the profit that somebody else will pocket, for your efforts. Your salary is a price worth paying because the things that you do while at work will generate more money than it costs to employ you.

    The business of employing people, is the process of getting somebody to do something instead of you doing it, but you get to keep a proportion of the fruits of their labour. The profit generated is many, many times more than the cost of the wages.

    And so, we have described the ragged trousered philanthropists. It is the workers who are generously donating the vast proportion of the fruits of their labour, to an idle wealthy elite who employ them. The wages of those who toil at the bottom of the pyramid scheme, are inadequate to pay for high quality housing, the education of their children and nutritious food. Instead, the people who pick your vegetables and build your houses, and generally give themselves arthritic joints, bad backs and knackered knees, are left with ill health and a pittance of a pension when they are so overworked that they can no longer remain in the workforce.

    But, we are told, you should count yourself lucky to have a job!

    Lucky? Lucky? Oh, how terribly fortunate that I have enabled members of the board of directors to buy another yacht, or to purchase another rare artwork to hang on the walls of their mansion. La-de-da, how lucky I am to have been able to plump up the trust funds and offshore bank balances of rich shareholders.

    But, there’s nothing to stop the likes of you or I from quitting our jobs, and starting our own companies, is there?

    Well, there are economies of scale and there are monopolies. Certain businesses will not be very profitable for the likes of you or I, because they have a low gross margin. When a company grows very large through acquisitions, swallowing up all of its competitors, it is better placed to capitalise on a market, because it’s a dominant player. Also, the cost of administrative, legal and tax obligations as percentage of the overall running costs, is much lower for the very large company, which makes it more profitable.

    When a company becomes very large indeed, it is even able to headquarter itself in a country with a favourable tax deal, so all the wealth that is generated by those ragged-trousered philanthropists, flows out of the country where they live and work, so even their public services become deprived of their vital cash.

    Yes, you must consider yourself lucky to be able to have grown your company so large that it is able to cheat even the government out of the taxes that would pay for higher quality housing, healthcare and eduction, that would at least be some recompense for the fact that you see such a tiny share of the profit that you generate.

    But don’t companies offer their staff share options, and bonuses? No. These schemes are just scams to buy your loyalty cheaply. Share options cost far less than offering an attractive salary that would keep you with the company. When you really look into how much money you’re going to make when you can finally exercise the options, you will see that your employer has bought your loyalty extremely cheaply.

    The pips have been squeezed too much, and the wealth has not been shared. Large companies have not made the societal contributions that we must all make – taxes – to prevent the ordinary workers from suffering a drop in living standards. Education, healthcare, public transport, housing: these things are all chronically underfunded, while the mega-rich are opulently wealthy, living in a totally different world from those who toil tirelessly to add yet more zeros onto obscene bank balances.

    It’s time to soak the rich, not be grateful for our jobs.

     

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  • Paywalls and the Death of the Novel

    This is a story about dream jobs…

    Big in Japan

    Why aren’t nurses who work in geriatric care the best paid people on the planet? When humans are old and shrivelled up, senile, incontinent and are simply an inconvenience, getting in the way of children receiving their inheritance, geriatric nurses are there mopping up the poop and vomit, and generally trying to ease the suffering and discomfort of the age-ravaged creatures who are long past their sell-by date. On the face of it, palliative care seems a thankless task, and the low pay would certainly back that up.

    But what about nursery nurses and nannies? These people also mop up the shit and puke of those who can’t look after themselves, but the tiny tots that they care for are all cute and brand new. People who work in childcare are similarly badly paid, but maybe that’s because it’s supposedly fun and rewarding, playing with children all day.

    How can this be? How can it be the case that somebody who looks after those who are dying gets paid badly, but then so is a person who looks after those who have their whole lives ahead of them?

    Perhaps it’s the case that anybody who deals with human waste is badly paid. Certainly when we examine the remuneration of garbage collectors and cleaners, we find that these people who scrub human stains from the world, are very badly paid. The people who unblock sewers and those who work in sanitation are hardly big earners, and might in fact be in a similar pay bracket to the people who look after children and old people.

    You would have thought that having to deal with dirt, grime, death and bodily fluids would carry a pay premium that would see the people I just mentioned, amongst the highest paid there are, but this is not the case at all.

    Hang on though! What about musicians, poets and writers? Sure, there are a handful of successful individuals who are paid mind-bogglingly humongous sums for the art that they create, but the very vast majority of people who have chosen music and wordcraft as their profession, will find themselves very poor indeed. Think how many struggling writers there are. Think how many people there are who play in bands, but barely earn a single cent for their trouble. How many people reciting wonderful poetry are able to call it a well paid profession?

    So if writers and musicians are badly paid too, but they don’t have to deal with bodily fluids and rotting trash, then what exactly is the common link?

    Do you think it’s time spent studying? Do you think it’s qualifications? Well, many musicians will have spent tens, if not hundreds of thousands of hours mastering their instruments. Music theory is not trivial. Music theory and harmonics are governed by discrete mathematical rules. Can you really say that a corporate lawyer or accountant is more qualified than somebody who has dedicated their life to music? Of course not.

    So what is it? What is the rule that decides whether you will be well paid, or you will struggle to make ends meet?

    Well, my theory is that the more alien and dehumanising your job is, the more you will be paid. Humans have caring and nurturing instincts built into them. We will naturally feel sympathy for those in discomfort and pain, and we will want to help if we can. Humans have a dislike for waste and mess, and we will want to keep things clean and ordered. We have evolved the instinct to not live in piles of our own filth. We have even evolved the social instinct to create art that binds us together. Whether it’s trancelike-state inducing beats and chants, paintings on cave walls, or the telling of stories that are our very earliest form of preserving our history, myths and legends. It’s human to want to perform, to sing, to entertain.

    What innocent young child really can imagine that they would want to grow up and get a job massaging numbers in spreadsheets or editing the minutiæ of legal contracts? What the fuck does your bullshit job even entail? What the fuck is it going to say on your motherfucking gravestone? How the fuck would you even go about explaining what you do to your grandmother?

    And so, we now have an army of the living dead who are, in the words of David Bolchover, switched off, zoned out. This is the shocking truth about office life. Nobody gives two fucks about their job or their employer. There is no job satisfaction. The jobs are alien, dehumanising.

    What do these armies of disillusioned people do all day? Well, they read and they listen to music. Some of the most cultured art patrons that we are lucky enough to have in the world, are just bored people sat at their desks with glazed eyes, wondering what they’re going to have for lunch.

    But then what? What happens next?

    Well, these people start dreaming about becoming musicians, writers, artists, poets and pursuing all manner of things that will connect them with the aesthetic and creative elements that their bullshit daily humdrum gives them precisely fuck all of.

    What even is a journalist? Well, the clue’s in the name: journalist. As in day. As in somebody who writes a journal every day. That’s all it is. That’s all it takes to be a writer. You don’t have to be qualified to be a writer. Just write. Every day.

    There’s a myth that you can’t do anything without studying, that has been perpetuated by the professions. It’s true that you can’t become a lawyer or an accountant without studying, but those are bullshit jobs with bullshit professional bodies whose job it is to limit how many people enter the profession every year, in order to maintain false scarcity and prop up their salaries.

    It’s utter bullshit. We don’t need any lawyers & accountants. Without builders, there are no houses. Without farmers and fishermen, there is no food. Without weavers and seamstresses there are no clothes. Without lumberjacks and miners, there is no wood and coal to keep ourselves warm and to cook our meals. Everything else is just intellectual masturbation. Unnecessary bullshit made up jobs that add nothing of value.

    So, as people are realising that the fact that they didn’t go to an Oxbridge university to study English, or at least attend a creative writing course, but yet they can still write a blog and entertain their friends and family on Facebook and Twitter, the value of journalists has been completely eroded.

    Yes, it’s a shame that The Guardian and The Observer newspapers are going down the shitter, whether they add a paywall or not. Yes it’s a shame that a lot of friends and people who I know, who are extremely talented and have dedicated their whole lives to the pursuit of journalism and writing careers, are finding that there’s just no way that they’re ever going to earn a decent salary doing what they love.

    And that’s just it. That’s the kicker. That’s the real kick in the teeth. As soon as you do something you love, you’ll find there’s no money in it. We all want to be footballers, singers, food critics, cinema critics, writers, journalists, poets and every other job where you fuck about doing nothing more than entertaining, informing, educating, inspiring.

    We all love the thrill of the limelight. We all love dressing up. We all love exotic locations. We all love to seek new sensations. We all love to meet interesting people. We all love to talk and write about what we’re passionate about. We all love to make art that expresses our deeply felt human emotions that can’t be articulated using the blunt instruments of words.

    If you do what you love and it’s necessary, like nursing, then you’ll be paid just enough to survive. If you do what you love and it’s unnecessary, like art, then you’ll not be paid anything at all. It’s a race to the bottom. We can all stick a paintbrush on a piece of paper and produce something passably artistic.

    The arts used to be the preserve of the aristocracy, but with the democratisation of the arts through the digital medium, my crude drawing of a penis can be reproduced infinitely many times across every computer screen on the planet. I can write a library full of books, and they’re all immediately in print and available to be read by anybody, at any time, for free, because of the limitless power of the digital printing press that is the internet. Why the fuck would anybody pay anything for art anymore?

    Of course, scarcity still has value, and a few super-high profile artists will continue to produce original artworks in the form of paint on canvas, art installations and live performances. These artists are the courtiers in the entourage of the plutocracy. You have about as much chance of becoming one of these people as you have of being struck by an asteroid, twice.

    As the global recession deepens, the amount of people who are able to just about scrape a living as a freelance writer or a busker will drop away to nothing, and the arts will once again be the preserve of the sons & daughters of the very wealthiest, who have the monetary means to pursue things which society largely deems worthless.

    The Huffington Post has shown the future for journalism, where an army of bloggers are leveraged to provide the same kind of re-hashed reporting of the stories that are churned out by a handful of news agencies who are still able to have people on the ground. Your dreams of being a war correspondent are over. Even your dreams of being a lifestyle blogger are looking pretty hopeless.

    There is a vast oversupply of opinion and wordcraft and music and art and everything else that’s fun to create. There is no longer any room to do something you love. As soon as you derive any kind of job satisfaction, that’s going to be the last pay rise you ever get.

    Don’t you get it? It’s a race to the bottom. See you there!

     

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  • Vapourware

    This is a story about information technology…

    Techfugees

    In the beginning, there were sticks and rocks and maybe bits of vine. Perhaps there was some clay, and with fire, there came pottery.

    There was the iron age, where metal tools were made, like the scythe, which led to greater agricultural yields.

    The industrial revolution brought us steam power, and the use of coal as a source of vast quantities of energy far outstripped what could be achieved with horses and manpower.

    Two world wars meant huge advances in factories and mass production, meaning that many more goods could be manufactured than would ever be needed by humanity. There are 62 Lego bricks for every man, woman and child on the planet.

    Industrial chemistry – such as the Haber process – can produce vast quantities of fertilisers and pesticides, to give us food surpluses that are capable of adequately feeding every member of the human race.

    The loom, which has been improved beyond all recognition to give us today’s weaving and knitting machines, is now producing enough textiles that even the very poorest are able to wear garments that are recognisably ‘fashionable’.

    Medicine and surgery has advanced to the point where injuries and infections are now largely survivable. Germ theory, soap, disinfectant and antibiotics protect us from microbes, while chemotherapy, radiotherapy and surgical interventions can often save many patients with different types of cancer.

    The jet engine has shrunk the globe. People hop from continent to continent as if they were catching a train to work, and even the steam-powered locomotive is a relatively recent nation-shrinking innovation. With the intermingling of different cultures, the world’s leading universities are able to share their top scholars and the very best ideas and research are circulated throughout academia.

    But what of information technology?

    Has the information age fulfilled its promises? As a young boy growing up in 1980s and 1990s Britain, I used to enjoy watching a BBC television program called Tomorrow’s World. Many of us living in the postwar age of optimism and hope for the future, imagined a world filled with robots and hovercars. Where the fuck are they?

    When I turn up at one of the railway stations that the Victorians built, instead of buying a ticket from a real person, I buy one from a robot. Except that this ticket machine still needs a real person to come along and extract the cash that it has collected in its hopper. The ticket machines still need a person to come along and replenish the spool of blank tickets, ready to be printed. Is there really much labour being saved?

    Train travel in London is a particularly hot topic. When I travel on the Docklands Light Railway, the train is driverless. However, there is still a person on board to close the doors and check tickets. Tube drivers are unable to drive through a red signal without the train brakes being automatically triggered, but yet, we still have human drivers to tell us to stand clear of the doors and mind the gap [between the train and the platform].

    We’ve all seen pictures of futuristic factories where robot arms are welding automobile bodies together, or spraypainting. The pictures of those robot arms have been standard stock footage of the factories of the future for my entire life. But yet, at the old car factory in Oxford – near where I grew up – BMW still have armies of people screwing Minis together by hand in a big production line. Surely, that can’t be right, can it?

    At the end of the day, computers aren’t much use for anything, are they?

    Quantum Mechanics, the biggest breakthrough in physics since the days of Newton, 200 years earlier, and the ‘splitting’ of the atomic nucleus, was all achieved without the programmable computer that we would recognise today. At the very same time as the undoubtably brilliant Alan Turing was creating the Enigma machine, the secrets of the subatomic world were being unlocked to unleash the atom bomb. Clearly, computers were not necessary for giant leaps forward in science.

    The work at Bell Labs that yielded the semiconductor technology that’s at the root of everything that we see as valuable today, was being done without the very microchips that were born due to the invention of the transistor. The world’s most valuable company – Apple – puts computer chips inside boxes with a picture of a piece of half-eaten fruit on the outside.

    So, now, what is the result, today?

    Well, a bunch of geeks meet up to discuss how to address the crises that face humanity, using information technology. Then, tellingly, it turns out that it’s all fake. It’s all utter bullshit. It’s all vapourware crap.

    The I Sea app epitomises everything about the false promise of the information technology age for me, where complete fucktard “social media marketing” experts and ad-agency douchebags, who couldn’t organise a piss up in a brewery, simply concoct some toxic vapourware bullshit that they know will be newsworthy (i.e. clickbait).

    Yes, we can all imagine some pretty funky stuff, but it’s science fiction not science fact. When all the posturing and hypothesising and dreaming is done, there are relatively few actual engineers out there who can tell you what can and can’t be done with technology.

    At the end of the day, we’re talking about computer systems that were created to be some kind of automated abacus. The computers we have today were invented to count beans. The computers we have today are very good if you want to do some kind of compound interest calculation, but they’re not going to solve world hunger. We already did that when we invented the tractor, combine harvester, fertiliser and insecticide.

    So, if somebody tells you that machine learning, big data, artificial intelligence (AI), gamification and social media are going to solve all the world’s problems, you have my permission to shout “BULLSHIT!” in their face really loudly. In fact, I encourage you to do so. We need less ineffectual waste-of-space blaggers in the world.

     

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