Archive for the Technology Category

Everything Monopolized, Nothing Economized.  Completion Of “The General Theory Of Economics” Is In Remission . . .  Oh, And Happy Halloween! (October 29, 2018)

Posted in Economics, Economics Nobel, Market Solutions, Markets, Monopoly, Noble Prize in Eco-nomics, Price, Technology on October 29, 2018 by e-commentary.org

. . .

J          “Bummer.  After all that time and thought.”

K          “And all that fun.  I tell you I realized that if it was going to be done and if it was going to be done right, I would have to do it to get it done right.”

J          “Been there.  Done that.”

. . .

K          “A construct such as the IS-LM model is largely malarkey but is heuristically valuable.  Today, the fundamental problem trying to describe and direct the operation and function of the economy is that there really is not an operating and functioning economy.  With all of the distortion, intervention and manipulation, price is not tied to anything real.  Every business, every single business in every single industry, is a monopoly.  The business is the industry; the industry is the business.  From pork to politics.”

J          “Yet only a few folks have discovered and understand that we cannot discover price.  Price discovery now is so passé.  Without price, we cannot communicate in the economic marketplace.  And the central bankers working alone and together destroyed the language of the marketplace.”

. . .

K          “He left Iowa with his father marketing the hogs to five potential buyers and returned to find that one buyer sets the price.”

J          “And both Senators from Iowa are Republicans.  You don’t have to ‘go figure’ when ‘it figures’ so clearly.”

. . .

J          “And the Swedish central bankers reward those individuals who provide the economic cover for the crimes and misdemeanors of all the central bankers by giving their ignoble ‘Nobel’ Prize in E-con-omics to the most successful errand boy or girl.”

K          “The Noble Prize in Eco-nomics is the part of the answer.”

. . .

J          “The most vexing monopoly is the government/corporate syndicate that precludes any competing alternative entity.”

K          “The twisted irony is that most industries, and all the major tech industries without exception, are basically ‘natural monopolies’ and thus ‘utilities’ such as the water company.  A utility is a monopoly.  A monopoly must be regulated.  Yet the tech companies/tech utilities own the government and quash any regulation.”

. . .

J          “The Republican political monopoly firmly supports the current economic monopolies who in turn own the Republican political monopoly.  The Death Spiral is spiraling but not changing.”

K          “In a fortnight, the slow boiling coup d’état by the Republicans could be completed by the Republicans.  If the Democrats do not take the House, the control of government will be concentrated in one mega-corporation – the Republican Party, Inc. / the Corporation, Inc.  The political ‘campaign’ is aptly namely for battle because the Democrats are charging east up Jenkins Hill trying to retake the southern flank of the Capitol and the House of Commons under intense enemy fire.  We need to hire the friends and fire the enemy.”

J          “The Presidency is a lock, the Judiciary is the stock and the Congress is the barrel.  Lock, stock and barrel.” 

K          “For the next two years at least, the Presidency is indeed a lock for the Republicans.  For the rest of our time on this Planet, the judiciary is a laughing stock and a wholly-owned subsidiary of the Republican Party, Inc. / the Corporation, Inc. doing their bidding.  And the Republican Congress has the ordinary citizen over a barrel.”

J          “Hook, line and sinker.  We are hooked, they have us firmly on the line and all of us are sunk.”

. . . 

[See the discussion in “This is Not a Market” in “The Automatic Earth” by Raul Ilargi Meijer dated April 23, 2018.]

[See the scary e-commentary last Halloween at “Are ‘Prices’ Language?  Are Antitrust Laws Grounded In The First Amendment?  How Do We Forestall The ‘Frightful Five’ And Other Monopolies. Oh, And Happy Halloween! (October 30, 2017)”.]

Bumper sticker of the week:

Free markets now!

National People’s Radio?; National Public Radio?; National Petroleum Radio?; National Propaganda Radio? (June 11, 2018)

Posted in Boycott Series, Journalism, Neoconservatives, Newspapers, NPR, Press/Media, Radio, Technology, Television on June 11, 2018 by e-commentary.org

. . .

K          “As long as they broadcast Saint Terry Gross, I will support them.”

J          “Too often they are really just a house organ for the neo-liberals in domestic policy and the neo-conservatives in foreign policy.  National Propaganda Radio, I once broadcast.”

K          “Their message is fundamentally ‘analog journalism’ rather than ‘digital journalism’ even if the transmissions are in a digital format.”  

. . .

K          “They are caught in a sticky dilemma.  They cannot get too far ahead of the listeners or they could lose listeners.  But if they get too far behind the listeners, who will lead the listeners.”

J          “I asked an NPR fund raiser in a red state if they change their advertising strategy after they receive a donation from one listener in an effort to attract the other two listeners in the state.  Tough sell.”  

. . .

J          “Do they broadcast ‘Alternative Radio’ or ‘Counterspin’ or ‘Democracy Now’ or ‘51 percent’ on the play list?  That is the benchmark of commitment.”

K          “One option is to support programs not stations.  Contribute to stations in America that broadcast enlightened programs not necessarily to one’s local station.  And then listen to podcasts rather than the local station on your own time.”

. . .

[See the e-commentary at “The Medium Mandates The Message.  Analog v. Digital: Monopolization & Monetization. Oh, And Happy World Press Freedom Day! (May 7, 2018)”.)

Bumper stickers of the week:

The ‘narrative’ is the story

The medium mandates the message

The Medium Mandates The Message.  Analog v. Digital: Monopolization & Monetization. Oh, And Happy World Press Freedom Day! (May 7, 2018)

Posted in Antitrust, Awards / Incentives, Blog, Cyberactivities, Journalism, Monopoly, Newspapers, Press/Media, Pulitzer, Pushitzer, Technology, Truth on May 7, 2018 by e-commentary.org

. . .

K          “Analog affirms the status quo, digital negates it.  Challenges it, really, with a goodly number of exceptions.”

J          “Yet digital is moving toward and merging with the analog business model which is all about business.  Analog is already monopolized.  Digital is aggressively monetizing.”

K          “The medium mandates the message.”

. . .

K          “Some of the digital messengers are not as beholden to the powers that be as the analog members.  Digital messengers are more likely to connect two disparate and distant points, to realize that two plus zero is not three, and to accept that two or more persons can work together to reach an end, usually to the public’s detriment.”

J          “A few stray digital messengers are acting as the town criers.  The best that a commentator of conviction can hope for is to be a prophet with honor and not to be convicted for writing that challenges the established disorder.”

K          “But no one is listening.”

J          “Makes you want to cry for your town.”

. . .

K          “Six corporations monopolize the popular media.  Most of the digital sites are in the monetization phase and may be forced to modify or mute the original message to survive.”

J          “Yet you cannot thrive if you do not survive.  Decades ago, the editor noted to a friend on the first day of his summer newspaper internship that the most important mission of the newspaper is to make payroll.  No payroll, no paper.  He was not disappointed by the stark insight.”   

K          “Making payroll is painful.  One of the sites challenging inequality has something like seven levels of membership and another sells t-shirts and decoder rings.”

J          “No can thrive if no can survive.” 

. . .

K          “Digital is regressing to the mean, digital is regressing to analog.”

J          “No can thrive if no can survive.”

. . .

[With a nod to Marshall McLuhan.]

[See the e-commentary at “First Annual Pushitzer Prize In Commentary For 2016 (April 18, 2016)”, “Boycott (Advertisers On) AM (Anger Mongering) Radio (March 5, 2011)”, “World Trade Center Building 7 And The AIA (May 18, 2015)”, “A ‘Journalist’ Declares War On Journalists . . . And Journalism (November 28, 2016)”, “Dispatches From The War On Journalism: The New ‘Nixon’s Enemies List’ (December 5, 2016)”, “Blogging Bloggingly About Blogs:  A Thing In Search Of A Name (November 1, 2016)”, “Debasing The Dialogue (April 14, 2014)” and “On Courage and Truth (March 17, 2008)”.]

Bumper stickers of the week:

“Every great cause begins as a movement, becomes a business, and eventually degenerates into a racket.”  Eric Hoffer

“Only the small secrets need to be protected.  The big ones are kept secret by public incredulity.”  Marshall McLuhan

May 3 – World Press Freedom Day

Third Annual “Cameo In Courage” Award For 2018 (April 9, 2018)

Posted in Amazon, Awards / Incentives, Cameo In Courage Award, Courage, Facebook, Google, O'Bama, On [Traits/Characteristics], Privacy, Profile In Courage Award, Technology on April 9, 2018 by e-commentary.org

. . .

K          “The envelope please.  . . .  This year, the ‘Cameo In Courage’ Award is awarded to . . . Chelsea Elizabeth Manning and Julian Paul Assange.  Courage is rare.  It must be celebrated.  It is one of the “rare-earths” within the human heart and is very rare on this Earth.”

. . .

And a tip of the hat to the great nation and good people of Ecuador that provide a home and a haven for Mr. Assange.

And a partial tip of the lid to former President O’Bama for commuting all but four months of Ms. Manning’s sentence.  A presidential commutation reduces the sentence being served but does not change the fact of conviction.  A presidential pardon would have forgiven the criminal offenses.  But at core O’Bama lacked the fortitude and courage to pardon Ms. Manning and Mr. Snowden and Mr. Assange.  He could have just done it.  

[Please send nominations for the “Cameo In Courage” Award for 2019 and a supporting letter by January 25, 2019 to e-ssay@gci.net and send the entry fee to your favorite charity.]

[See the e-commentary at “Hero or Traitor? (June 10, 2013)”, “Second Annual ‘Cameo In Courage’ Award For 2017 (March 6, 2017)”, “First Annual ‘Cameo In Courage’ Award For 2016 (May 9, 2016)”, “Award Deadlines (Livelines?) (July 25, 2016)”, “Profile In Cowardice Award (May 12, 2014)”, “Profile In Courage Award, 2015 (May 11, 2015)”, “Chelsea And Ed:  Time For “Con” “dign” Treatment (November 30, 2015)” and “On Courage and Truth (March 17, 2008)”.]

Bumper stickers of the week:

“In a dozen plus years and without a debate or a vote, technology has deprived us of privacy.  With little debate and many hasty votes, Congress has deprived us of privacy at every opportunity.  We as a society should create a rebuttable presumption in favor of privacy even if it appears to sacrifice security.  Our personal insecurities are actually creating greater national insecurity.”  See “Hero or Traitor? (June 10, 2013)”.

Boycott Facebook.  See “Boycott Facebook (August 2, 2010)”.  And Google.  And Amazon.

Love is elusive and transitory; the Internet is forever.

The Internet never forgets.

What’s said on the Internet stays on the Internet.

“Net Neutrality” Now. Oh, And Happy Thanksgiving! (November 20, 2017)

Posted in Amazon, Apple, Facebook, Google, Microsoft, Net Neutrality, Technology on November 20, 2017 by e-commentary.org

. . .

K          “The proposed elimination of the regulations that provide some measure of protection for net neutrality was slated to be foisted on the folks just before Thanksgiving.”

J          “They are getting a jump on sneakiness this holiday season.  They usually sneak such things by the people just before Christmas.”

. . .

K          “Maintaining net neutrality is critical and pivotal.  Someone defined net neutrality as the principle that Internet service providers and governments regulating the Internet should treat all data on the Internet the same.  They should not discriminate or charge differentially by user, content, website, platform, application, type of attached equipment, or mode of communication.”

J          “Sounds like the Equal Protection Clause of the Internet.”

K          “Or the Due Process Clause of the Internet.”

. . .

K          “The folks at Battle For the Net and Fight For the Future are battling and fighting for us.”

J          “I dropped a dime on my Congresspeople and demanded that they protect true net neutrality.”

. . .

K          “Some stores are already foisting their Groundhog Day stuff on us.”

J          “I’ve seen that before.”

. . .

[See “The Upside of Being Ruled by the Five Tech Giants” in “The New York Times” by Farhad Manjoo dated November 1, 2017.]

[See the e-commentary under the Category “Technology”.]

Bumper sticker of the week:

Net Neutrality Now

Are “Prices” A Language? Are Antitrust Laws Grounded In The First Amendment? How Do We Forestall The “Frightful Five” And Other Monopolies? Oh, And Happy Halloween! (October 30, 2017)

Posted in Amazon, Apple, Constitution, Economics, Facebook, First Amendment, Google, Internet, Language, Microsoft, Monopoly, Price, Radio, Technology on October 30, 2017 by e-commentary.org

. . .

K          “Prices for goods and services are a language spoken with numbers (7) not letters (L).”

J          “I love language.  French is the language of love and the language of diplomacy.  Accounting is the language of business.  So Prices are the language of a free market economy?”

K          “Yes.  Russian is one of the languages of literature.”

J          “So is French.”

K          “And English.”

. . .

K          “Monopolies distort Prices which distorts speech.  By distorting Prices, the public is making inaccurate and incomplete decisions and paying more for goods and services while the corporations are not internalizing externalities.”

J          “Price may just be the real Esperanto.”

. . .   

J          “The current monopolies are in part the consequence of acts of commission and even more often acts of omission by the government.”

K          “The problem with my analysis is that the First Amendment is a restriction on government activity not a requirement for government action.”

J          “So the Constitution is unavailing.  We are stuck with Congress, the executive agencies and the courts to protect us.”

K          “They do not speak our language.”

. . .

[See the interview by Terry Gross with the tech columnist Farhad Manjoo with “The New York Times” who cautions that the “Frightful Five” (Amazon, Google/Alphabet, Apple, Microsoft and Facebook) are more powerful than the governments on the “Fresh Air” radio program titled “How 5 Tech Giants Have Become More Like Governments Than Companies” on October 26, 2017.]

Bumper stickers of the week:

Spanish is the language a man uses to talk to his God;

French is the language a man uses to talk to his wife;

Italian is the language a man uses to talk to his mistress;

German is the language a man uses to talk to his mule.

And English is the language a man uses to fly a plane or to surf the web or to engage in international discourse.  You create it, you talk it.

And Price is the language a man and a woman use to value and exchange resources.

Should You “Friend” The Tech Beasts And Behemoths? (October 23, 2017)

Posted in Amazon, Apple, Cyberactivities, Facebook, Google, Internet, Microsoft, Technology on October 23, 2017 by e-commentary.org

. . .

J          “They don’t befriend me.”

K          “They don’t be a friend of me either.”

. . .

J          “In a land where nothing matters and anything goes and no one cares and no one knows, it is not a surprise that the technological monsters are devouring the populace with little comment or resistance by the people.”

. . .

[See “Tech Giants, Once Seen as Saviors, Are Now Viewed as Threats” in “The New York Times” by David Streitfeld dated October 12, 2017 and “Silicon Valley Is Not Your Friend” in the “Sunday Review” of “The New York Times” by Noam Cohen dated October 13, 2017.]

[October is National Cyber Security Awareness Month (NCSAM).   See “High-Frequency Trading = Cybercrime (June 8, 2015).”  The high frequency traders are committing cybercrimes every day.  Consult with them on how to commit and to combat cybercrime.]

Boycott Facebook (August 2, 2010)

Less Government Regulation Series:  Google (November 30, 2009)

‘Legs Network’ Is Big Brother (October 27, 2014)

Net Neutrality (April 20, 2015)

The Great Google Wall (June 27, 2016)

Restraining Google/Alphabet And Damming Amazon (July 17, 2017)

Excellence In Journalism?  Time For A True Trophy (September 24, 2012)

Brave 1984 Farm:  The Best Of All Possible Worlds (March 19, 2012)

A ‘Journalist’ Declares War On Journalists . . . And Journalism (November 28, 2016)

Bumper stickers of the week:

Big Brothers abound

“Legs Network” is Big Brother

Facebook is Big Brother

Google is Big Brother

Twitter is Big Brother

Amazon is Big Brother

ebay is Big Brother

Zillow is Big Brother

_____ is Big Brother

Little Brothers are bound