Dear Hiveans,
in my view, current (western) societies have a reluctance to tolerate pain. Most policies aim on avoiding pain and maximizing (short-term) wellbeing and pleasure. Governments do that (or try to do that) via fiscal stimulus, monetary stimulus (Quantitative Easing, etc.), and all kinds of regulatory measures. They justify these measures with "TINA" (there is no alternative). But that's wrong. There are always alternatives.
This is a form of hedonism (wrote about it here) writ-large, on a societal level. In my opinion that kind of "philosophy" came with the generation of 1968/69 (wiki) and the Babyboomers whose maxim seems to be "we are allowed to do everything, and others should pay for it".
As too much hedonism weakens the mind, and leads to a morass of primitive relativism, moral self-indulgence, and decadence (or as al-Ghazālī said it is a "beastial indulgence of the appetite"), it is a very bad recipe and it has consequences...
As politicians and many decision-makers have prevented or hindered meaningful corrections since 2009, our economic, financial, and political systems have become less resilient. Creative destruction (according to Schumpeter the process of industrial mutation that continuously revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one, wiki) has been prevented, and productivity has flatlined since 2008 (example_UK).
Ultimately these choices will have dire consequences. The question is when.
What do you think?
Have a great day,
zuerich
P.S. also interesting: https://fs.blog/suppressing-volatility/
Liebe Hiver,
meiner Meinung nach haben die heutigen (westlichen) Gesellschaften eine Abneigung, jedwedes Leid zu tolerieren. Die meisten politischen Maßnahmen zielen darauf ab, Leid zu vermeiden und das (kurzfristige) Wohlbefinden und Vergnügen zu maximieren. Die Regierungen tun dies (oder versuchen es) durch fiskalischen und monetären Stimulus (Quantitative Easing usw.) und allerlei Regulierungen. Sie rechtfertigen diese Maßnahmen mit "TINA" (There is no alternative). Aber das ist falsch. Es gibt immer Alternativen.
Das ist eine Form von Hedonismus (ich schrieb hier darüber), auf gesellschaftlicher Ebene. Meiner Meinung nach kam diese "Philosophie" mit der 68er Generation (wiki) und den Babyboomern, deren Maxime zu sein scheint: "Wir dürfen alles tun, und andere sollen dafür bezahlen".
Da zu viel Hedonismus den Geist schwächt und zu einem Morast von primitivem Relativismus, moralischer Selbstverliebtheit und Dekadenz führt (oder wie al-Ghazālī sagte, es ist ein "bestialischer Genuss des Appetits"), ist er ein sehr schlechtes Rezept, und das hat Konsequenzen...
Da Politiker und viele Entscheidungsträger seit 2009 sinnvolle Korrekturen verhindert oder erschwert haben, sind unsere wirtschaftlichen, finanziellen und politischen Systeme weniger widerstandsfähig geworden. Die schöpferische Zerstörung (nach Schumpeter der Prozess der industriellen Mutation, der die Wirtschaftsstruktur kontinuierlich von innen heraus revolutioniert, indem er unaufhörlich die alte Struktur zerstört und eine neue schafft, wiki) wurde verhindert, und die Produktivität ist stagniert seit 2008 (example_UK).
Letztendlich werden diese Entscheidungen fatale Folgen haben. Die Frage ist nur: Wann?
Was denkst Du?
Have a nice day,
zuerich
Queridos Hiveanos,
en mi opinión, las sociedades (occidentales) actuales son reacias a tolerar el dolor. La mayoría de las políticas tienen como objetivo evitar el dolor y maximizar el bienestar y el placer (a corto plazo). Los gobiernos lo hacen (o lo intentan) mediante estímulos fiscales, monetarios (Quantitative Easing, etc.) y todo tipo de medidas reguladoras. Justifican estas medidas con el "TINA" (no hay alternativa). Pero eso es erróneo. Siempre hay alternativas.
Esto es una forma de hedonismo (escribí sobre ello aquí) escrito en grande, a nivel social. En mi opinión, ese tipo de "filosofía" llegó con la generación de 1968/69 (wiki) y los Babyboomers, cuya máxima parece ser "se nos permite hacer de todo, y los demás deben pagar por ello".
Como demasiado hedonismo debilita la mente y conduce a un pantano de relativismo primitivo, autoindulgencia moral y decadencia (o como dijo al-Ghazālī es una "indulgencia bestial del apetito"), es una receta muy mala y tiene consecuencias...
Dado que los políticos y muchos responsables de la toma de decisiones han impedido u obstaculizado correcciones significativas desde 2009, nuestros sistemas económico, financiero y político se han vuelto menos resistentes. Se ha impedido la destrucción creativa (según Schumpeter, el proceso de mutación industrial que revoluciona continuamente la estructura económica desde dentro, destruyendo incesantemente la antigua y creando incesantemente una nueva, wiki), y la productividad se ha estancado desde 2008 (ejemplo_UK).
En última instancia, estas decisiones tendrán consecuencias nefastas. La cuestión es cuándo.
¿Qué opinan ustedes?
Que tenga un buen día,
zuerich
There are many indications that it will be very soon, in addition these "processes" are slow so that they do not catch it and cannot do anything, everything is a manipulation.
Greetings!
Guten tag! Dear @zuerich !
Jesus bore the pain of the cross to save all mankind!
I believe that pain gives humans life!
Dangke!
We actually really need to be able to hold on to some pains because it shapes us to be better person
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I think blaming my generation (I came of age in the 60s😄) is not helpful. Bread and Circus are as old as the first politician, and the first politician was probably born sometime, long ago, in a cave.
Actually, my generation was about generosity. We rebelled against the materialist culture of the 50s, the post war boom generation. We didn't want more for ourselves; we wanted more for a greater number of people. We wanted less pain for everyone, and we were willing to work for that goal. We were very willing to do with less, so others could have more. I think mine may have been the last idealistic generation.
Personally, I've always had a problem with money--that is, appreciating it. And I think the inclination to share and join in good causes is more representative of my generation than any that has come after.
The Peace Corp was a product of the 60s. Gordon Gecko was a creature of the 80s.
Of course, I may be prejudiced. I speak from experience, so that is a narrow lens.
Interesting blog, as always.
Dear @agmoore,
thank you for your interesting comment.
Blaming a generation is wrong in most cases, as it is a big generalization.
Yes, your generation didn't want more for themselves, but they didn't want (or have) to pay for it either. So it was not altruistic, and I wouldn't call it generosity.
Isn't that an aim of every generation? Mine (I am an older Millennial) want(ed) that, too.
I am less sure about Generation X, but the Millennials were idealistic, too. Having come of age during the dotcom bubble, 911, the Afghan and Iraq Wars and the Great Financial Crisis, many were idealistic, anti-War, anti-Capitalist, etc.
That is one way to put it. I'd put it this way: Gordon Gecko (or yuppies in general) are the consequence of having come of age in the highly inflationary 1970s and realizing that their Generation X was much smaller than the Babyboomers. Politically they had insignificant influence, and thus everybody fought for him- or herself, moving into cities and trying to make big money and pay little to government or society. (no taxation without representation)
Sometimes it is not easy to tolerate some pains at times that usually comes our way but we just really need to keep going no matter what