HYPERFOCUS.LOGICANDSOUND.COM

1. We have a consumption economy.
2. A consumption economy assumes that it produces things people need, and people pay for those things with their labor.
3. The surplus goes toward developing new spaces for settlement.
4. Human needs are limited.
5. New spaces for settlement have run out.
6. Population growth has practically stopped.
7. The progress of automation over the past 100 years has massively increased production efficiency.
8. Cheap transportation and globalization have made it possible to concentrate production even more efficiently.
9. As a result, material needs are now covered by a very small share of working people.
10. The rest are occupied with services.
11. Services have no added value and effectively function as barter: “you cut my hair, I shave your beard.”
12. Services have no real value and are merely disguised self-employment.
13. Real value belongs to production, which is concentrated in a few places in the world, and to the logistics chains that connect production to consumers.
14. China is now responsible for production, while the United States is responsible for logistics.
15. In a global economy with transparent logistics, very few industries can compete with mega-factories that dominate through economies of scale.
16. One of these industries is construction, which explains construction bubbles.
17. One of the few services with absolute added value and endless demand is medical care.
18. The problem with both construction and medical bubbles is that, in exchange for their real value, they are also willing to accept only real value, not reciprocal self-employed services.
19. Scientific research has minimal value in a world of instant copying.
20. This new economic model, with a sharp change in the importance and value of material production, has taken shape over the past 50–60 years.
21. Neither the legal system nor the system of international relations has adapted to it or reflects it in any meaningful way.
22. The result of this imbalance will be conflicts until a new system takes shape.

Somewhere from the internet, I forgot the source…

My commentary: That’s right—the current system is not balanced, and hard times are coming, y’all.