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October 24, 2024 - June 28, 2025
This is the fly in the ointment of free-market capitalism. It cannot ensure that profits are gained in a fair way, or distributed in a fair manner.
At heart, the Industrial Revolution has been a revolution in energy conversion.
Clearly the world does not lack energy. All we lack is the knowledge necessary to harness and convert it to our needs.
Before the industrialisation of agriculture, most of the food produced in fields and farms was ‘wasted’ feeding peasants and farmyard animals. Only a small percentage was available to feed artisans, teachers, priests and bureaucrats. Consequently, in almost all societies peasants comprised more than 90 per cent of the population. Following the industrialisation of agriculture, a shrinking number of farmers was enough to feed a growing number of clerks and factory hands. Today in the United States, only 2 per cent of the population makes a living from agriculture, yet this 2 per cent produces
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In 1784 a carriage service with a published schedule began operating in Britain.
Back then, each British city and town had its own local time, which could differ from London time by up to half an hour.
Though in some places such as Malaya and Kenya the British tried to hang on by force of arms, in most places they accepted the end of empire with a sigh rather than with a temper tantrum. They focused their efforts not on retaining power, but on transferring it as smoothly as possible.
The Soviet collapse in 1989 was even more peaceful, despite the eruption of ethnic conflict in the Balkans, the Caucasus and Central Asia. Never before has such a mighty empire disappeared so swiftly and so quietly.
For real peace is not the mere absence of war. Real peace is the implausibility of war.
This situation might of course change in the future and, with hindsight, the world of today might seem incredibly naïve. Yet from a historical perspective, our very naïvety is fascinating. Never before has peace been so prevalent that people could not even imagine war.
Most wealth consisted of material things like fields, cattle, slaves and gold, so it was easy to loot it or occupy it. Today, wealth consists mainly of human capital and organizational know-how. Consequently it is difficult to carry it off or conquer it by military force.
While war became less profitable, peace became more lucrative than ever.
Ours is the first time in history that the world is dominated by a peace-loving elite – politicians, business people, intellectuals and artists who genuinely see war as both evil and avoidable.
People are liberated from suffering not when they experience this or that fleeting pleasure, but rather when they understand the impermanent nature of all their feelings, and stop craving them. This is the aim of Buddhist meditation practices. In meditation, you are supposed to closely observe your mind and body, witness the ceaseless arising and passing of all your feelings, and realise how pointless it is to pursue them. When the pursuit stops, the mind becomes very relaxed, clear and satisfied.
The prevailing feeling is that too many opportunities are opening too quickly and that our ability to modify genes is outpacing our capacity for making wise and farsighted use of the skill.
Scientists at Duke University in North Carolina have recently demonstrated this with rhesus monkeys whose brains have been implanted with electrodes. The electrodes gather signals from the brain and transmit them to external devices. The monkeys have been trained to control detached bionic arms and legs through thought alone. One monkey, named Aurora, learned to thought-control a detached bionic arm while simultaneously moving her two organic arms.

