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BenBerger
Captain
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- Joined
- Sep 25, 2019
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I have noticed a recurrent reference to the idea of “waste” that is allegedly happening in the world today. Many guys here claim that the world and the ruling classes are wasting resources, energy, human brain power, time, etc… I agree with all of it and trying to understand how and why this is happening. I think that the inclusion of women into the position of power and the exclusion of men from them is key in promoting waste.
Let’s start with definitions and assumptions. Waste is simply over-consumption. The accounting identities (that are always true) in economics is that consumption is the opposite side of savings, while savings equals investment. In addition to that, I assume that by nature women made to spend and consume while men made to save and invest. I think that it is plausible to assume that given some data about the spending patterns of men and women, you’ll find some data here https://girlpowermarketing.com/statistics-purchasing-power-women/.
Therefore, the purpose of appointing women in positions of power is to promote over-consumption, and more precisely WASTE. High ranking positions in politics are crucial to the process. Politics is essentially the place where society decides about its resource allocation both between inter sectoral allocation and intertemporal allocation. Namely, how much to save or invest and whether now or later. The more women are in the position of resource allocation the more consumption oriented the society will be. Consequently, when there are too many women with access to resources it will inevitably lead to WASTE due to over consumption and under savings. This is the reason we have credit bubbles when investment flows to worthless crap that inflates it`s price which subsequently falls and the bubble bursts. And that’s why the system needs reserve banking and fiat money - because there is an increasing need in means of payment that are not backed by anything besides the ability to spend increasingly more.
If you assume that women are short-term thinking while men have long-term thinking then the results of this “model” are even more acute with regards to WASTE.
The main winners of this situation are big corporations that sell the shit that women buy and procure the goods and services that are bought by female run governments. The main losers are the working that pay more taxes and that have to increasingly more pay hidden taxes to fit in.
It would be great to hear your thoughts.
Let’s start with definitions and assumptions. Waste is simply over-consumption. The accounting identities (that are always true) in economics is that consumption is the opposite side of savings, while savings equals investment. In addition to that, I assume that by nature women made to spend and consume while men made to save and invest. I think that it is plausible to assume that given some data about the spending patterns of men and women, you’ll find some data here https://girlpowermarketing.com/statistics-purchasing-power-women/.
Therefore, the purpose of appointing women in positions of power is to promote over-consumption, and more precisely WASTE. High ranking positions in politics are crucial to the process. Politics is essentially the place where society decides about its resource allocation both between inter sectoral allocation and intertemporal allocation. Namely, how much to save or invest and whether now or later. The more women are in the position of resource allocation the more consumption oriented the society will be. Consequently, when there are too many women with access to resources it will inevitably lead to WASTE due to over consumption and under savings. This is the reason we have credit bubbles when investment flows to worthless crap that inflates it`s price which subsequently falls and the bubble bursts. And that’s why the system needs reserve banking and fiat money - because there is an increasing need in means of payment that are not backed by anything besides the ability to spend increasingly more.
If you assume that women are short-term thinking while men have long-term thinking then the results of this “model” are even more acute with regards to WASTE.
The main winners of this situation are big corporations that sell the shit that women buy and procure the goods and services that are bought by female run governments. The main losers are the working that pay more taxes and that have to increasingly more pay hidden taxes to fit in.
It would be great to hear your thoughts.