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Topic: We need a economic revolution right now . - page 2. (Read 1087 times)

legendary
Activity: 1904
Merit: 1277
September 09, 2020, 07:42:38 AM
#94
With blockchain and technological advances, many industries should have started doing Just in Time production. Goods are produced according to orders. Or schedule the production of goods that can be sold immediately.

This is becoming more possible because of the rise of big data. This is what enables effective machine learning... and computer-devised efficiency improvements will no doubt be hugely superior to those devised by purely human algorithms. However this does bring its downsides, too - the question of accountability in terms of who is responsible if things go wrong, and also the 'black box' nature of ML means that humans will not be able to understand how and why certain decisions have been made. Of course this can be rectified by advances in AI such that a computer is able to communicate its reasoning... but that is further in the future.
legendary
Activity: 2254
Merit: 2253
From Zero to 2 times Self-Made Legendary
September 09, 2020, 07:32:24 AM
#93
I think the economic revolution is about changing the way of production or management. Recalling the industrial revolution and the technological revolution. Benefits only bring to the rich and powerful, the unemployed and the poorer. Currently, AI and blockchain are threatening jobs for accountants and several industries related to finance.
COVID 19 has far more repercussions than financial events, and they are still puzzled by situations like these.
Economic development is important, but how economic management is more important. Rapid development is not necessarily good, large-scale but unstable, only worse when unexpected events like the last pandemic occur.

It is true that a revolution in production is needed so that it is not overproduction according to demand. During this pandemic, we have learned to make savings and in fact we can still tighten our consumption patterns. With blockchain and technological advances, many industries should have started doing Just in Time production. Goods are produced according to orders. Or schedule the production of goods that can be sold immediately. Overproduction causes waste because it increases storage and trading costs, poor quality and increases costs. Because the waste will have an impact on the exploitation of natural resources, which incidentally the recovery takes a long time.
full member
Activity: 980
Merit: 114
September 09, 2020, 04:22:03 AM
#92
The people are dying.

Government is trying to work out things using their own methods , that they were using since eternity and guess what ?

We don't have a solution to a problem that could have been controlled but the government shushed the people up who decided to stand up.

We all know about the whistle blower doctor who was labelled liar for spreading rumors about the COVID -19

https://www.theguardian.com/world/2020/mar/20/chinese-inquiry-exonerates-coronavirus-whistleblower-doctor-li-wenliang

When this could have been prevented right at the start !

China is trolling the world and avoiding blame , whereas on the other hand US president is all set on opening up US for the Easter .

This is completely ridiculous .

Markets are dying , some countries are leaning towards making heard immunity because now the matter is out of their hands.

We have had amazing revolutions over the years and I do think we need one right now , otherwise we won't survive for long enough.

Either people will die of the Corona virus or the quarantine itself where the poor people are suffering and have no jobs , soon enough they won't be able to pay for their food and other necessities.

Economic situation is collapsing and we need justifiable adjustments , where money which is supposed to be used for the people , for the healthcare facilities , goes where it is supposed to go .

Where the corruption is punishable now just by laws but practically too .

What are your thoughts ? Do you think it is completely reasonable or we can live how we were living before?
sincerely government did not have solutions to human problems and as such we should not expect them to stop killing and covid19 and other human problems the world is facing. I believe that revolution especially violent one is not the solution but revolution of our thinking and mind should be the solution.
full member
Activity: 826
Merit: 105
September 09, 2020, 04:08:54 AM
#91
I think the economic revolution is about changing the way of production or management. Recalling the industrial revolution and the technological revolution. Benefits only bring to the rich and powerful, the unemployed and the poorer. Currently, AI and blockchain are threatening jobs for accountants and several industries related to finance.
COVID 19 has far more repercussions than financial events, and they are still puzzled by situations like these.
Economic development is important, but how economic management is more important. Rapid development is not necessarily good, large-scale but unstable, only worse when unexpected events like the last pandemic occur.
member
Activity: 344
Merit: 11
September 05, 2020, 12:12:23 PM
#90
We are in an economic revolution that is cyberspace. Compared to previous revolutions this revolution is quieter and more complicated because it is located on the internet. Corporations and governments are working hard to collect user data for economic and defense activities. Governments can also access information from other countries to exploit them. Nowadays, computers have replaced humans to do many things and take a lot of human work. In the future blockchain will save people decades of development. The country that develops blockchain early will win.
sr. member
Activity: 1274
Merit: 252
September 05, 2020, 10:41:57 AM
#89
For the problem of crimes that harm the state in the economic sector such as corruption, I see that the communist country has better rules for the punishment of every crime. Economic revolution is not easy, there must be many pros and cons in every revolution. Creating a revolution and building it on that system of government is often impossible for those without strong power. It could also be the possibility of a revolution which actually increases social inequality in a country. I'm sure we also want an economic revolution, but have we ever done anything useful for the economy or did we create a revolutionary idea.
legendary
Activity: 2254
Merit: 2253
From Zero to 2 times Self-Made Legendary
We need to look forward. When this ends many countries will have to make a revolution and we can only hope that it will be better after them. This pandemic will change things in the world, and people have a chance to make some changes, now it's the right moment for that. I don't wish to blame anyone for this pandemic, I wish we to take the best from this and learn to be better and do things better. The current economy is making rich people richer, while slaves work for cents, we need changes and we need them as soon as possible.

The revolution is a total change, are we as individuals ready for it, if only leaving it to a handful of officials in the government feels hopeless. A successful revolution is a revolution supported by many individuals so that there are not many victims. No bank interest, using intrinsic money or at least gold standard even though the gold standard system is still very vulnerable to manipulation. Start reducing dependence on the dollar. So that in the end, the dollar level is equal to all currencies of each country no longer superior. You are on your own to decide.

So that the world obeys to the dollar the doctrine of dollars-based economics is made. The dollar has been in power for 70 years, it has been 3-4 generations of scholarship, starting with the first senior lecturer who received the doctrine of Keynesian economics. Then the current official age 50 years and over is the second generation. Then those who are in their 30s to the younger generation are the third generation who have confirmed the Keynesian teaching. The critical and creative millennial generation began to question the efficacy of this knowledge as a solution.

There is nothing wrong with Keynesian economics but the fact is that poverty does not disappear and the gap between rich and poor is widening. Is the world getting worse or healthier? Is the world more peaceful or not? The fact is the system does not work. The science of the world economy today is not working properly and many people doubt the messenger of the economy so that it also doubts the message that caused the world to be damaged as it is now.
legendary
Activity: 2996
Merit: 1188
As long as humanity still thinks that they are "being lied to" and there is a bigger thing going around "behind the curtain" we are not going to be able to change the system at all. Honestly I am not against the fact that there are secrets both from politicians and also news channels, and there are so many "change the subject" situations going on that I understand why people think like that.

However the simple point is, all the things we know right now, literally the proved data based regular stuff, which is your life, simply your life, is basically enough to want to change the world. There are so many poor people all around the world, and there are so few rich people, and we are here trying to find a reason and make a reason for the rich to be rich, instead of wanting to help out the poor.

Nobody says we should all live the same level, nobody says we need communism, but even the worst human should be able to live with a shelter and food and get healthcare, VERY BASIC stuff, just be able to sleep on a bed, eat 3 meals a day, go to doctor if you need it, those three things should be provided by the companies and people who are making billions in profits, not really a huge thing to ask.
hero member
Activity: 1694
Merit: 502
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Wait until corona virus end and many countries take recovery to get economic revolution, without stop corona virus many business failed because have country stop allowed receiving other people come to their country, many company stop working after their country get lock down level.

We need to look forward. When this ends many countries will have to make a revolution and we can only hope that it will be better after them. This pandemic will change things in the world, and people have a chance to make some changes, now it's the right moment for that. I don't wish to blame anyone for this pandemic, I wish we to take the best from this and learn to be better and do things better. The current economy is making rich people richer, while slaves work for cents, we need changes and we need them as soon as possible.
member
Activity: 980
Merit: 62
Covid 19 most trouble and get many victim around the world, now have several country keep safety from this covid but still get chance for each country if not quite how to attack corona virus, right now best moment is close flight and never give allowed for other people come to our country.
Still if airports are closed you are still in danger.
Covid-19 exists since November 2019 in the world. We just now understood that we have to take serious measures in order to fight it. If we have taken measures for just one week during January we would be in a much better situation right now.
hero member
Activity: 2604
Merit: 816
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I think in this situation I am only going to blame the Chinese government and not the Chinese people, since there are lots of people there that tried to warn the world, but they were shushed by the government.

All of them that I knew that tried to spread information about the coronavirus when it started in Wuhan are no where to be found now, I even read from Twitter that they have been killed Sad. Why would a government be so wicked and treat people that way? I don’t see anything wrong with these people trying to alert the world about a virus that is as deadly as this. These people really have a lot of questions to answer about this.

I heard that news. That is not strange for me because I think the government can do that thing to protect their secret, so they killed anyone who wants to reveal the top-secret information about the truth of Coronavirus. But no matter what, I am sure and believe that the truth will come and will tell the world about what is going on in Wuhan and with Coronavirus.
full member
Activity: 1162
Merit: 168
I think in this situation I am only going to blame the Chinese government and not the Chinese people, since there are lots of people there that tried to warn the world, but they were shushed by the government.

All of them that I knew that tried to spread information about the coronavirus when it started in Wuhan are no where to be found now, I even read from Twitter that they have been killed Sad. Why would a government be so wicked and treat people that way? I don’t see anything wrong with these people trying to alert the world about a virus that is as deadly as this. These people really have a lot of questions to answer about this.
full member
Activity: 854
Merit: 140
Wait until corona virus end and many countries take recovery to get economic revolution, without stop corona virus many business failed because have country stop allowed receiving other people come to their country, many company stop working after their country get lock down level.
member
Activity: 132
Merit: 10
all countries begin to implement policies to control the corona virus (Covid 19) need time to restore the condition as before. various countries now experiencing extraordinary economic shocks, a total revolution may be carried out when normal conditions return after the world found a vaccine to overcome Covid 19.
full member
Activity: 854
Merit: 104
I see no reason for panic, much less for any revolution. Governments have already taken unprecedented measures to combat the spread of coronavirus. In a sense, they can even be called excessive, because due to restrictive measures, the economies of almost all countries began to plummet. Coronavirus cannot be defeated by any revolution. Now he has already begun to decline and we hope that on such a scale he will not return.
full member
Activity: 854
Merit: 140
Covid 19 most trouble and get many victim around the world, now have several country keep safety from this covid but still get chance for each country if not quite how to attack corona virus, right now best moment is close flight and never give allowed for other people come to our country.
member
Activity: 1302
Merit: 10
Corona pandemic is a nightmare. I even go through day after day with no hope. Many scientists predict that it will end soon, but I don't know what will happen next after the corona disappears. the possibility of predicting a global economic recovery will occur in 2021 is very much takes months or years for a normal return. along with the recovery of the export and investment levels in 2021. the greater volume of imported capital goods will cause the current account deficit to remain the same as this year
full member
Activity: 2408
Merit: 202
At this time government cannot do anything they are cornered i agree this Virus is breaking everything people are jobless some can't even pay for their basic necessities food Rents etc, but all we can do is wait untill the situation is controlled or the vaccine is made. And i believe in anytime soon this situation will be controlled and we will be able to live like before. All we can do is help others out.
this is what we need now to follow orders from the Government because they
are the one who is in control of the situation.
without them we will never win in this battle so let us respect them and follow
what they tell us for our own goodness.
revolution is not answer for this because no one wants this to happen
and every one in the world is fighting for
this to be gone and bring the freedom again in our world,as now we seems to be prisoners of our own bitterness.
legendary
Activity: 2884
Merit: 1117
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You might be scared that if we do an economic revolution we could hurt the economy to a level where we can't comeback from, but honestly there has been trillions of dollars worth of crashes in the world that didn't end up in anywhere, we recovered from them and we are doing better now, which means if do a revolution right now that means we could basically recover from that as well. Maybe it will be horrible for a few years, maybe it would be horrible for a decade, but in the end it will be recovered.

If we take that short term pain that eventually leads to many people being poor and many people dying, eventually we will have a much better long term life, we might live a horrible period in our lives but at least our children will know the real bliss thanks to revolution we created.
full member
Activity: 291
Merit: 119
At this time government cannot do anything they are cornered i agree this Virus is breaking everything people are jobless some can't even pay for their basic necessities food Rents etc, but all we can do is wait untill the situation is controlled or the vaccine is made. And i believe in anytime soon this situation will be controlled and we will be able to live like before. All we can do is help others out.
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