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Rikard's avatar

Seems the meaning of the word "economy" is now "that which is measured in amount of money created", and not what it really means.

Solving the energy-demands is easy. Allow populations to decline to their new natural equilibrium, and by the 1990s or so we'll have plateued on a level allowing both for industrial growth and scientific progress as well as having energy enough for households without making it punitively expensive.

Of course, this means capitalists must accept making profits at a slower pace, and at lower levels of return on investments than the theoretical optimum, for the sake of the nation and the continent as a whole, and unions must work to curb the excessive demands of agitators while the educational system must strive for ever-higher standards; meanwhile, the state will ensure that there will be the kinds of jobs available that the less gifted or able can perform to earn a living instead of being dependent on handouts.

...

Or we can just import tens of millions of foreigners to keep demand high and supplies low in order to ensure ever-increasing profits at an exponential rate.

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Martin Bassani's avatar

The British Imperial policy was always to prevent Germany / Russia economic integration. Europe may be a part of the Western Empire, but the strategic policy is still formulated by the City of London, of which Western Empire is an extension. EU integration happened with the imperial architecture to serve the Empire of Big Money. Results of any systems are largely determined by the design aims. How could EU, Euro, NATO,…, ever serve the peoples of Europe, when its design aim is to serve the Empire? EU integration is fine but it must be designed with different aims in mind. The current system cannot be reformed. Empire makes its own crappy reality, visible all around us. “Market based energy solutions” exist to enrich the Big Money, not to deliver affordable and reliable energy. The system is performing according to its design parameters.

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