Trump Relaxing Banking Regulations Could Sow the Seeds of the Next Financial Crisis

Trump relaxing banking regulations could sow the seeds of the next financial crisis. I don’t think he understands that regulation is a good thing, as the consumers need to be protected, rather than a bad thing. It seems he takes his orders from Steve Bannon and somehow believes deregulation will cause growth in the short term. This is bad news for the long-term outlook for the world. Hopefully the next US president and government pushes back against this and undoes the damage before it’s too late.

Poem: What Next for The World?

What next for the world,

What next for us?

What next for the world,

Is it written on a bus?

What next for the world,

What next for the good?

What next for the bad,

What will happen –

What should?

Could,

Would,

Be,

Is it time for us to live the future free?

The Effect of Technology on Future Employment

The effect of technology on future employment, as highlighted by business leaders at Davos, is profound. More and more software, computers and robots will be replacing human workers, and some of it has already happened (think the lack of as many human cashiers in supermarkets).

One answer to the increased joblessness and lack of expendable income is a “spending wage” for citizens for doing no work at all. This would stimulate the economy by allowing people to purchase consumer goods, though it may not solve the self-esteem issue of people not feeling that they have a purpose in life, or that they at least have a diminished purpose in life.

The Branding of Juventus and Pogba

Like it or loathe it, Juventus’ new logo is another sign of the branding and commercial focus of soccer clubs nowadays. Juventus is up against all the other big clubs and they need to make an effort to stand out. Even if I happen to like the new logo, the announcement was full of the usual marketing mumbo jumbo, so it quickly became annoying and pretentious.

It may also be a mistake. Juventus’ logo is recognised by millions so to change it seems like a silly waste of money and, more importantly, branding capital. They have to start from scratch with this new logo. It helps that it features a capitalised “j”, but still. Much more important, however, is the players this club can attract and what it can achieve on the pitch.

Paul Pogba spent a bit of time getting “p”s shaved into his head and having two capitalised “p”s bleached a greenish yellow colour to signify “Paul Pogba” on his noggin alongside getting his own Twitter emoji. Considering his performance against Liverpool on Sunday he should probably be focusing on how to get the best performance out of himself for his club. Though I think it has become clear to a lot of people that his choice to move to Manchester United was driven as much by commercial and branding ambitions as soccer ones.

Apple on Course to Disrupt the Hardcore Gaming Consoles

Apple, yesterday allowing developers to have games and apps that are as big as four gigabytes is a sign that Apple TV will be hosting hardcore video games and 4K content for those games and apps very soon. This is a warning sign to the PS4, Xbox One and the Nintendo Switch: Apple is coming to eat their lunch. Apple is also going to have 4K content in apps so their apps will be top-notch. In an example of how quickly things exponentially change in the tech world, the previous limit on apps and games was 200 MB file sizes. That’s a 20 times increase. Your move, Google.

Co-opism is What’s Best for the Future of Humanity

Now I want to share an idea of mine of a new political ideology that could help humanity have a better future. I call it “Co-opism”. This ideology would still fall under the umbrella of capitalism technically, as it would still be about the profit motive in a capitalist economy, but with the benefits of a co-operative structure, like better pay, better conditions and more engagement with the company, and thus happier employees who are more motivated to outdo the purely capitalist competition because they are happier and because they have a stake in the company.

This simple idea can be put into place in countries all over the world. And the world will have to fight politically to put this idea into place by incentivising the founding of co-operatives and helping co-operatives in state policy and penalising and not helping non-co-operative companies. Now, I am aware that there is a system that is even better for the average citizen than co-opism and that is workers self-directed enterprises (WSDEs), as outlined by Richard D. Wolff on his website http://www.democracyatwork.info/ but I don’t think it is realistic to jump straight from pure capitalism to WSDEs. It is more realistic to work with the co-operatives that are in your country now and that are part of a culturally well-understood system.

One reason why I think Co-opism will work and that it as an idea will inevitably be put into action is that it is a nice halfway house between communism and capitalism. It gives better benefits for workers like communism but still has the healthy profit motive of capitalism.

So, here’s the part where I try to inspire you to take action. Put co-opism into place by founding a co-operative-focused political party! Spread co-opism elsewhere by simply sharing this blog post or by communicating the idea to others! Rise up against pure capitalism and neo-liberalism!

All Publicity is Good Publicity in US Politics

This opinion piece: http://www.irishtimes.com/opinion/kathy-sheridan-the-media-got-it-right-on-trump-but-nobody-cares-1.2877809 is clearly just one angle rather than a comprehensive assessment of why Trump won. This is partly because The Irish Times wants to write more than one article about Trump.

Anyway, the US media made Trump. The Irish Times and the rest of the Irish media are obsessed with Trump – just like the US media.

Of course the media, as a group, want to say they had no part in Trump’s victory, but it’s just not true. What Trump understands about publicity is that all publicity is good publicity in US politics. People, after having a candidate thrust into their faces for a year and a half, forget why they know the candidate’s name but they sure as hell remember that person’s name, and hey, what’s he promising? Change? That doesn’t sound bad to them.