The Root of All Evil: Quality Vs. Quantity in America

We have a number problems in this country:  the national debt,the quantity of jobs available, the rocky relationship between Robert Pattinson and Kristen Stewart, all of which deserve our undivided focus and attention.  There is another problem we face, one that comes close to equaling Rob and Kristen’s emotional rollercoaster. It is a problem that contributes to our social and economic conditions. Our society faces the problem of trying to find the delicate balance between the lack of quality and the excess of quantity that is found in multiple aspects of our culture. Simply put, Americans want more. And they want it to levels of excess that have become problematic and detrimental.

Today, we’ll first look at the causes behind our society’s issues with quality as it relates to quantity. Next, we’ll examine the effects of this epidemic, and finally, we’ll pin-point some solutions that will allow us to balance our growing need for more, with what we actually need, so that we can tip the scales in our favor.

quantity

Need money, feed me! hateandanger.wordpress.com

Tipping the scales back towards center may not be as easy as it seems. We are fighting against more than balancing our needs and wants; we are fighting against a way of thinking that has dominated our social understanding of quality versus quantity. In the 1987 movie Wallstreet, corrupt businessman Gordon Gekko tells us that,

Greed is good. Greed is right, greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit.

Unfortunately, what Mr. Gekko says is true. Greed is now what drives our wants and desires, and what pushes us to obtain what we want at any cost. We have entered a time where people pay less attention to what you have, and more attention to how much of it you have. We are blinded by the quantity of the things we own, rather than the quality of our possessions and our lives. According to physicist and computer scientist Carlos Roca in his article “Social Cohesion in a Society of Greedy, Mobile Individuals,” published in the Journal of the National Academy of Sciences,

Human wellbeing in modern societies relies on social cohesion, which can be characterized by high levels of cooperation and a large number of social ties. Both features, however, are frequently challenged by individual self-interest.  The stability of social and economic systems can suddenly break down as the recent financial crisis illustrates.

quantity

Very, very dependable. http://bostonoccupier.com/

What this means is that our individual interests are actually breaking down our social structure.  Our “me-first” attitude is what directly affects our need for quantity, instead of quality. If we are focused on getting as much as we can, as fast as we can, the quality of what we consume is going to be compromised.

There are many aspects of our society that have been affected by our focus on quantity at the expense of quality. In the business and entertainment sectors, we’ve seen politicians sent to jail for crimes motivated by greed, and celebrities and artists produce material that is at best of questionable quality. One need look no further than politicians like disgraced Illinois senator Rod Blagoivich, or companies like Johnson and Johnson, which in 2007 reported illegal activity to the government such as bribing government-paid doctors and health officials to promote sales of medical devices in Greece, Poland and Romania. According to Robert Khuzami, director of the Securities and Exchange Commission’s division of enforcement,

For years, the company tried to hide its illegal activities by using sham contracts and off-shore companies to cover its tracks. The Johnson & Johnson’s bribes might have harmed public health in several European countries.

The scariest effect of this mentality is the disregard for the public’s well-being. This side-effect manifests itself in the actions of companies like Johnson and Johnson, but also in what we are exposed to in our everyday lives.

quantity

OMG let’s go to the mall! http://www.ourbreathingplanet.com

Our country’s obesity rate, for example, is a calling card of society’s issue with quantity.  A 2012 report published by the American Journal of Preventive Medicine found that by 2030, 42 percent of U.S. adults will be obese, adding $550 billion in obesity-related medical expenses to healthcare costs over that period, unless Americans change their ways.  Our need for more money, more food, and more recognition is literally making us sick. If we don’t work to correct the imbalance between how much of everything we want, versus how much of it we need, we will find ourselves with a lot of stuff, but without the most important things we have – our physical and emotional health.

Back in 1997, Rapper The Notorious B.I.G. told us that,

The more money we come across, the more problems we see.

Fifteen years later, his words, like the rapper, have started to take on an even larger meaning.  When it comes to getting our B.I.G. quantity issues under control, we need to change rappers. And by that I mean, change the rap lyrics our country has come to identify with. The iconic group Outkast tells us,

Don’t act impatiently.  You’ll get where you need to be, in due time.

What this means is that we need to be patient and work for good things in our lives, instead of accepting the many mediocre things that come our way.  Anthony Levine, CEO of the Nonprofit Finance Fund and author of Impact Investing: Transforming How We Make Money While Making a Difference, argues we need to approach solving our attitudes towards the need for excessive quantity from an economic angle. He says that,

When the market’s crashed in 2008, I think people realized just how much we need community. Not only did out of control money put us in a bad situation, but we realized that we can’t rely 100% on 401ks and the market to take care of us.  Trying to make so much money so that you don’t need anyone is a ridiculous and lonely pursuit. We need to view our financial returns alongside the society we’re building. It keeps us connected.

quantity

Please sir, may I have some more? rashidaanurse.blogspot.com

As Mr. Levine says, we need to make sure we are focusing on what’s good for our society, not just what is good for us as individuals. We need to remember that greed only leads to excess, which does not translate into having items of quality in our lives, and also, a quality society. The only thing greed leads to is a huge quantity of stuff.

As the saying goes, the best things in life are worth waiting for. And that is what we need to keep in mind when we evaluate what we have in our lives. You may desire more in terms of your financial, social, or personal gains, but that isn’t the answer. The answer is to appreciate the quality of what you have and know that quantity never equals quality.

So, while we still have issues such as our nation’s debt and the job crisis, perhaps these words will reach the ears of the people who hold the fate of our country’s happiness and health in their hands, and it will teach them to love and be grateful for what they have.  Here’s looking at you, Kristen and Rob.

 

 

Sources:

http://www.imdb.com/title/tt0094291/

http://www.pnas.org/content/early/2011/06/21/1101044108.abstract

http://star.worldbank.org/corruption-cases/node/20060

http://en.wikipedia.org/wiki/Rod_Blagojevich

http://www.nytimes.com/2011/04/09/business/09drug.html

http://www.reuters.com/article/2012/09/18/us-obesity-us-idUSBRE88H0RA20120918

http://www.youtube.com/watch?v=xZ4tNmnuMgQ

http://www.youtube.com/watch?v=Dg-0843U7zM

http://www.forbes.com/sites/elmirabayrasli/2011/09/06/greed-has-gone-good-social-capital-markets-2011/

Costly Climate Changes

 

A new study has yielded that with our current rate of pollution, we will have to waste some 60 trillion dollars due to climate change. That cost will not be up front, it is mostly found in money we will likely have to spend to counter all the effects of global warming. Mother Nature sure has expensive tastes. According to some figures posted in the International Weekly Journal of Science: Nature, we are causing some costly damage to our planet, but that should not come as a surprise to us as we are still completely dependent on fossil fuels and wars over oil still exist throughout the world.

Related Article: Ask an Astrobiologist: Global Warming and What to Expect

So what is it exactly? Why is this type of Global Warming a bad thing?

It seems to be that methane, which is stored under the melting ice of the Arctic, will be released as the melting icecaps continue to diminish. Researchers claim that:

A 50-gigatonne (Gt) reservoir of methane, stored in the form of hydrates, exists on the East Siberian Arctic Shelf. It is likely to be emitted as the seabed warms, either steadily over 50 years or suddenly.

If all of that methane were to be released, we would most likely see a time where the climate shifts more than 2°C, causing intense weather patterns and wind pattern changes. Maybe you have noticed the recent intense weather patterns? The storms that rage and destroy? The flash floods that are intensifying in your area? The little degree or two extra that the global temperature has been altered by over the years is rapidly messing with our climate, and it is likely that we will only see more drastic results in our lifetimes if this sudden outpour of methane occurs.

Related Article: Climate Changes Too Fast, Evolution Can’t Keep Up

Still, 60 trillion dollars, isn’t that a bit much?

For a time there has been speculation that the coasts would plummet underwater and we would all live in a Waterworld! Oh Kevin Costner, you do tickle my fancy so. But all of that was of the extremist perspective of course. There are however smaller versions of this, for instance the idea that California’s coasts will be completely submerged may be a plausible theory if  all of Greenland’s ice melts. NRDC or Natural Resources Defense Council states that:

Greenland holds 10 percent of the total global ice mass. If it melts, sea levels could increase by up to 21 feet.

That 21 feet would likely raise sea levels and ocean levels high enough to take away from our beaches, and leave us with a smaller and less attractive California. Not to mention all the destruction and devastation in such an occurrence. And this is just California. In reality, the big thing to watch is the storms and wind pattern changes. And by watch I mean experience. In 2006 TIME posted that:

Two studies last year found that in the past 35 years the number of Category 4 and 5 hurricanes worldwide has doubled while the wind speed and duration of all hurricanes has jumped 50%.

That was in 2006. At that rate, we can expect many many more damaging changes and the price to pay for all that is very, very steep. It might be even higher than the predicted 60 trillion. In fact, all of this is happening and the release of methane stored under the icecaps hasn’t begun yet. Tis a dangerous road we walk upon.

Related Article: Germany Sets Example for Global Climate Battle

Leave it to us to mess up mother nature’s plan for Earth. Well, if its bound to happen anyways, might as well buy that Camaro ZL1 that I have always wanted and burn the crap out of some oil! MMM 580 HP…

 

Research:

Climate Science: Vast Costs of Arctic Change

TIME: Earth at the Tipping Point 

Chevrolet: Camaro ZL1

IMDB – Waterworld

Consequences of Global Warming

Wondergressive: Climate Changes Too Fast

Wondergressive: Germany Sets Example

Wondergressive: Ask an Astrobiologist

Starcraft as a Model for Future Interstellar Warfare

 

Starcraft and its sequel Starcraft 2 are wildly popular real time strategy computer games made by Blizzard Entertainment.  They are played by people from all over the world. In fact, Starcraft 2 was the top selling computer game of 2010 and continues to be played by millions of gamers, even being featured in highly publicized worldwide tournaments. It has recently come under the microscope of legitimate science as researchers tout it for the incredible expertise required to become a master of the game.  While chess was historically used as a major measure for cognitive speed and power, Starcraft is now used as the true measure for cognitive fortitude due to its added complexity, fast pace, and rapidly changing infinitude of variables.  There is even research being performed by the SFU Cognitive Science Lab on the extreme mental capacity required to compete with the Starcraft elite.  The set of abilities is called Skillcraft. The chess masters of yesterday are like bumbling children compared to the Starcraft masters of today.

Drs. Thomas Targett and Duncan Forgan, both of the Institute for Astronomy at the University of Edinburgh, wanted to know how humans would fare in a cosmic battle between other space-faring alien races.  War and destruction are after all what humans do best. The problem is that the only space-faring species we’ve ever seen is, well, us, and we’ve just barely left our own rock.  What would an alien race look like? What would their capabilities entail?  What motives would they have? Are they as insanely militaristic and imperialistic as us? Are they so technologically advanced that they can remain invisible and spatially aloof to the point that they could be standing over your shoulder reading this without you even realizing it?!

None of these questions can be answered with certainty, but they can certainly be modeled.  Theorizing and modeling are the foundation of all sciences.  The theory is that one day there will be a war of the worlds, so how do we properly model this war? By using Starcraft, of course.

Starcraft has players choose one of three races of alien beings: the hive minded Zerg, the technologically advanced and telepathic Protoss, or Terrans, which are humans with technology based on our own present day capabilities. The pair of doctors set out to learn what they could from the endless stream of results from battles waged in Starcraft day after day.  They stated that:

In a classic example of citizen science, we found that the general public had generated a vast dataset of (admittedly fictional) alien behaviour, which we could use to drive our simulations. So, we created a population of stars similar to the local Solar neighbourhood, and seeded it with six different races, each representing one of the three [Starcraft] civilizations.

Each of the six races in the simulation carried out one of two primary strategies, a macro or micro strategy.  The macro strategy is one where a species builds up a vast number of resources before engaging in battle, while the micro strategy involves rapid movement of smaller military forces used to quickly eliminate developing opponents.

This gives 30 possible combinations of combatants.  As we had access to user data showing the outcome of each combination rehearsed many times in StarCraft 2 games played online, we could soon develop a probability that Race 1 defeats Race 2, and so on and so forth. This allowed us to do two things: i) we could see if there was a preferred strategy for StarCraft 2 users to adopt, and ii) How does the balance of power change when these alien races are placed in a Galactic context?

The results were intriguing.  If humans were to go to war with a hiveminded alien race, or an ancient telepathic alien race, we would be pulverized if we took the macro economic approach.  However, the micro strategy grants us a great amount of advantages.  While the model revealed that a micro strategy is favorable across the board for all races, a human type alien race has the upper hand when it comes to smaller, fast paced battles and guerrilla tactics. According to the Starcraft model, as long as we stick to the micro strategy, our only concern should be how to spend our time on the beaches of all our new colonized worlds.

The researchers point out that

we don’t intend to claim the Zerg and Protoss are real! We were interested in seeing how the video games industry can help scientists understand difficult topics like life in the Galaxy, where actual data is so thin on the ground.

Starcraft players of the world, you may be Earth’s only hope for successful interstellar dominion!

While it’s true that we still haven’t found life outside of our tiny stellar neighborhood, remember, life is all over the place; it’s only a matter of time!

 

 

Sources:

Starcraft

Real Time Strategy Game

Blizzard Entertainment

Top Selling PC Games

Battlenet World Championships

Scientific American: Starcraft the New Chess

SFU Cognitive Science Lab

Skillcraft

Dr. Thomas A. Targett  

Duncan Forgan

Wondergressive: Every Nuclear Explosion Around the World

Wondergressive: Clouds of Western Intervention Loom Over Syria

The War of the Worlds

Starcraft Science

Starcraft Science Model

 

Wondergressive: Life, It’s All Over the Place

Bitcoin’s Rise and the Cyprus Bailout

 

Nations around the world are flexing the powers of their central banks, from open-ended quantitative easing in the US, to Greek bailouts in the Eurozone. This top-down approach is stretching dangerously thin, both in scope and in effectiveness. One emerging contender to upend the locus of control is Bitcoin, which demonstrates a way to decentralize this authority by sidestepping the fiscal monopolies of individual governments. The demand for Bitcoins has risen dramatically in the past few months, currently trading at well over $100 per coin, as people see a potential escape hatch from traditional currencies. There is now more than $1 billion worth of Bitcoins globally, more than the entire currency stock of 20 countries.

 

 

Bitcoin is an online and anonymous currency that can be used to make global transactions. Unlike similar services such as PayPal, the servers that support Bitcoin are distributed across the world, which makes it impossible, or at least very difficult, for governments to shut down. Bitcoins can also be used to purchase traditional hard currencies like dollars, euros or yen. These advantages are making the service an attractive way for people to secure money – almost likened to a digital, mobile version of squirreling gold away in a shoebox.

People are becoming more interested in a monetary safe haven, especially considering the recent events in Cyprus. In mid-March, the European Union and the International Monetary Fund penned a deal that rightfully incensed Cypriots and sent ripples of fear throughout international markets. In exchange for a €10 billion economic flotation device, the agreement stipulated that accounts in the two largest banks in Cyprus would be given a haircut: a 6.75% confiscation of amounts under €100,000 and a whopping 9.9% for accounts holding more.

 


The Cyprus legislature rejected the deal. However, on March 25, Cyprus President Nicos Anastasiades, along with Eurozone and IMF officials, announced a new plan (which didn’t require parliamentary approval) that would preserve the tax on amounts of more than €100,000 but not on those with less. An estimated 40-80% of the value of such top-tier accounts could be lost. As many of these are held by wealthy Russians who use Cypriot banks as a tax-haven, this compromise seems to be an example of shortsighted and naïve thinking: “Well, it’s not our money being stolen, so it’s OK this time!”

Upon hearing the news, many Cypriots wanted to withdraw their savings to avoid the automatic deductions. However, the government simply closed banks for 12 days, eliminating that avenue of escape. Upon opening them again, withdraws were limited to €300 a day per customer, with some locations lowering the maximum to €100. Anyone leaving the country may only take €1,000 in cash with them. There also restrictions for how much money can be sent overseas.

This is one example of why Bitcoin is becoming so popular. These drastic and draconian measures that hope to ensure solvency are likely attractive to myriad nations facing economic stressors, the US included. Bitcoins can’t (yet!) be confiscated or shut down and they can be used by anyone, anywhere, for any reason. The anonymity the service provides also helps ensure that itchy government fingers–jonesing for their next fiscal fix!–can’t simply swipe money from Bitcoin owners.

People like Charles Schumer (D-NY) and the Drug Enforcement Agency decry Bitcoin for its utility in circumventing federal laws. This is completely irrelevant, as regardless of its form, money has always and will always be used for funding of any kind, illicit or otherwise. Their outrage is based on the idea that somewhere there is activity that they cannot control. Anything that unnerves moral busybodies is a net positive and is further reason to support crypto-currency. People own the fruits of their labor and anything that helps keep the government from snatching it away is something to be lauded. 

Bitcoin and other digital currencies are certainly nascent technologies prone to error. With the rapid increase in Bitcoin’s value, it has been speculated that the entire enterprise is a rapidly inflating bubble. The value has skyrocketed since early March, from $35 a coin to $145 on April 2. I wouldn’t be surprised if the theorized balloon eventually bursts, but I think the collapse would be due to its relatively recent emergence into the market rather than any inherent flaw in the currency. It takes time for new industries to fully adapt to its environment and clientele—just look at the Internet—but that doesn’t mean that the technology is unwanted or not revolutionary.

 

 

More than just Bitcoin, I am enamored with the idea of state-less money and better, safer ways for people to preserve their labor free of government intervention. I welcome increased competition in the crypto-currency market, which would help weed out design flaws, increase stability and ensure that users are as satisfied as possible. It would help individuals retain autonomy over their money, which is considerably better than the current central bank system, which either directly taxes wealth away or decreases its value more subtly through inflation.

Anything that helps maximize individual liberty is a good unto itself, and the cynic in me derives otherworldly pleasure from helping to deprive governments of the unjust ability to impose their will upon the unwilling. Bitcoin may not be perfect, but it’s a step in the right direction towards financial autonomy.

 

That’s a fiscal revolution worth celebrating.

 

 

Sources:

http://www.foxnews.com/tech/2013/03/29/digital-currency-bitcoin-surpasses-20-national-currencies-in-value/

https://mtgox.com/

http://www.bbc.co.uk/news/world-europe-21819990

http://www.guardian.co.uk/business/2013/mar/28/cyprus-reopen-banks-stock-market-closed

http://www.fincen.gov/statutes_regs/guidance/pdf/FIN-2013-G001.pdf

http://www.reuters.com/article/2011/06/08/us-financial-bitcoins-idUSTRE7573T320110608

http://www.businessinsider.com/im-raising-my-bitcoin-price-target-to-400-2013-4

First Audit Results of the Federal Reserve Have Been Released; Scary Stuff

In the last 5 years the Federal Rerserve has secretly bailed out banks, corporations, and governments all around the world with over $16,000,000,000,000 (16 trillion).

 

After years of criminal bankers like Ben Bernanke and Alan Greenspan lying about the chaos in markets that would ensue from an audit of the Federal Reserve, it has successively taken place. 

Here’s a link to the actual GAO audit. 

“The list of institutions that received the most money from the Federal Reserve can be found on page 131of the GAO Audit and are as follows..”

Citigroup: $2.5 trillion ($2,500,000,000,000)
Morgan Stanley: $2.04 trillion ($2,040,000,000,000)
Merrill Lynch: $1.949 trillion ($1,949,000,000,000)
Bank of America: $1.344 trillion ($1,344,000,000,000)
Barclays PLC (United Kingdom): $868 billion ($868,000,000,000)
Bear Sterns: $853 billion ($853,000,000,000)
Goldman Sachs: $814 billion ($814,000,000,000)
Royal Bank of Scotland (UK): $541 billion ($541,000,000,000)
JP Morgan Chase: $391 billion ($391,000,000,000)
Deutsche Bank (Germany): $354 billion ($354,000,000,000)
UBS (Switzerland): $287 billion ($287,000,000,000)
Credit Suisse (Switzerland): $262 billion ($262,000,000,000)
Lehman Brothers: $183 billion ($183,000,000,000)
Bank of Scotland (United Kingdom): $181 billion ($181,000,000,000)
BNP Paribas (France): $175 billion ($175,000,000,000)
and many many more including banks in Belgium of all places

 

Results of the First Federal Reserve Audit Have Been Released: Scary

federal reserve audit

http://www.deesillustration.com/ The federal reserve audit came just in time

Federal Reserve audit shows that in the last 5 years they have secretly bailed out banks, corporations, and governments all around the world with over $16,000,000,000,000 (16 trillion).

After years of criminal bankers like Ben Bernanke and Alan Greenspan lying about the chaos in markets that would ensue from a Federal Reserve audit, the audit has successively taken place.

Here’s a link to the actual US Government Accountability Office (GAO) audit.

The list of institutions that received the most money from the Federal Reserve can be found on page 131 of the GAO Federal Reserve Audit and are as follows:

Citigroup: $2.5 trillion ($2,500,000,000,000)
Morgan Stanley: $2.04 trillion ($2,040,000,000,000)
Merrill Lynch: $1.949 trillion ($1,949,000,000,000)
Bank of America: $1.344 trillion ($1,344,000,000,000)
Barclays PLC (United Kingdom): $868 billion ($868,000,000,000)
Bear Sterns: $853 billion ($853,000,000,000)
Goldman Sachs: $814 billion ($814,000,000,000)
Royal Bank of Scotland (UK): $541 billion ($541,000,000,000)
JP Morgan Chase: $391 billion ($391,000,000,000)
Deutsche Bank (Germany): $354 billion ($354,000,000,000)
UBS (Switzerland): $287 billion ($287,000,000,000)
Credit Suisse (Switzerland): $262 billion ($262,000,000,000)
Lehman Brothers: $183 billion ($183,000,000,000)
Bank of Scotland (United Kingdom): $181 billion ($181,000,000,000)
BNP Paribas (France): $175 billion ($175,000,000,000)
and many many more including banks in Belgium of all places

 

 

 

Sources:

Federal Reserve

TIME: 25 People to Blame for the Financial Crisis

US Government Accountability Office Federal Reserve audit.

Before It’s News: First Audit Results In The Federal Reserve’s Nearly 100 Year History Were Posted Today, They Are Startling!