

"Let the working man and the employer make free agreements, and in particular let them agree freely as to the wages; nevertheless, there underlies a dictate of natural justice more imperious and ancient than any bargain between man and man, namely, that wages ought not to be insufficient to support a frugal and well-behaved wage-earner. If through necessity or fear of a worse evil the workman accept harder conditions because an employer or contractor will afford him no better, he is made the victim of force and injustice".Distributive justice requires that
all citizens, without exception, are obliged to contribute something to the sum-total common goods, some share of which naturally goes back to each individual,Yet what Pope Leo XIII gave with his right hand. Thus jusitice required workers to not disrupt social harmony as they sought a better life for themselves and their families.
The great mistake made in regard to the matter now under consideration is to take up with the notion that class is naturally hostile to class, and that the wealthy and the working men are intended by nature to live in mutual conflict. So irrational and so false is this view that the direct contrary is the truth. . . it (is) ordained by nature that these two classes should dwell in harmony and agreement, so as to maintain the balance of the body politic. Each needs the other: capital cannot do without labor, nor labor without capital. Mutual agreement results in the beauty of good order, while perpetual conflict necessarily produces confusion and savage barbarity.But De Rerum Novarum went far beyond promoting what it viewed as a harmonious relationship between workers and owners in modern society. It offered an attempt to base an economic theory on the concept of distributive justice. Here we encounter a way that De Rerum Novarum comes into direct conflict with the modern because in modern thought there is a conceptual seperation between the economic order and the moral order. In modern society there is no one unifying theory of the just, and so communities do not attempt to imposes ethical obligations on their members, rather they filter their diverse interpretation of the ethical though a series of laws that imposes minimal aproximate standards of the ethical on their members. De Rerum Novarum went well beyound the modern, by laying out a theory of economic justice that drew on the very unmodern philosoply of Thomas Aquinas.
saves something by restricting expenditures and invests his savings in a piece of land in order to keep the fruit of his thrift more safe, a holding of this kind is certainly nothing else than his wage under a different form; and on this account land which the worker thus buys is necessarily under his full control as much as the wage which he earned by his labor.The right to own land and enjoy its fruits is a major concern of De Rerum Novarum.
The land, surely, that has been worked by the hand and the art of the tiller greatly changes in aspect. The wilderness is made fruitful; the barren field, fertile. But those things through which the soil has been improved so inhere in the soil and are so thoroughly intermingled with it, that they are for the most part quite inseparable from it. And, after all, would justice permit anyone to own and enjoy that upon which another has toiled? As effects follow the cause producing them, so it is just that the fruit of labor belongs precisely to those who have performed the labor.What Distributionism did was to expand the connection which Leo XIII made between social justice and property ownership, by focusing the land owning rights of workers on farming. The Catholic writer Hilaire Belloc pushed De Rerum Novarum to a more radical view as Raymond Williams explained in "Culture and Society":
Rightly therefore, the human race as a whole, moved in no wise by the dissenting opinions of a few, and observing nature carefully, has found in the law of nature itself the basis of the distribution of goods, and, by the practice of all ages, has consecrated private possession as something best adapted to man's nature and to peaceful and tranquil living together. Now civil laws, which, when just, derive their power from the natural law itself, confirm and, even by the use of force, protect this right of which we speak. -- And this same right has been sanctioned by the authority of the divine law, which forbids us most strictly even to desire what belongs to another. "Thou shalt not covet thy neighbor's wife, nor his house, nor his field, nor his maidservant, nor his ox, nor his ass, nor anything that is his."
Belloc's argument is that capitalism as a system is breaking down, and that this is to be welcomed. A society in which a minority owns and controls the means of production, while the majority are reduced to proletarian status, is not only wrong but unstable. Belloc sees it breaking down in two ways — on the one hand into State action for welfare (which pure capitalism cannot embody); on the other hand into monopoly and the restraint of trade. There are only two alternatives to this system: socialism, which Belloc calls collectivism; and the redistribution of property on a significant scale, which Belloc calls distributivism.Belloc worked in close intellectual collaboration with the better known writer G.K. Chesterton., but is regarded as laying the theoretical foundations for Distributionism. In a number of respects Belloc's thinking paralleled Marxism . He certainly held capitalism in low regard:
"The Capitalist state breeds a Collectivist theory which in action produces the Servile State".and
"..a collectivist solution is the easiest for a Capitalist state to aim at, and yet, in the very act of attempting collectivism, the servitude of the many results and the confirmation of the present privilege of the few?.
... If there is an axis in history, we must find it empirically in profane history, as a set of circumstances significant for all men, including Christians. It must carry conviction for Westerner, Asiatics, and all men, without the support of any particular content of faith, and thus provide all men with a common historical frame of reference. The spiritual process which took place between 800 and 200 B.C.E. seems to constitute such an axis. It was then that the man with whom we live today came into being. Let us designate this period as the "axial age." Extraordinary events are crowded into this period. In China lived Confucius and Lao Tse, all the trends in Chinese philosophy arose... In India it was the age of the Upanishads and of Buddha; as in China, all philosophical trends, including skepticism and materialism, sophistry and nihilism, were developed. In Iran Zarathustra put forward his challenging conception of the cosmic process as a struggle between good and evil; in Palestine prophets arose: Elijah, Isaiah, Jeremiah, Deutero-Isaiah; Greece produced Homer, the philosophers Parmenides, Heraclitus, Plato, the tragic poets, Thucydides and Archimedes. All the vast development of which these names are a mere intimation took place in those few centuries, independently and almost simultaneously in China, India and the West…If we are to understand the significant of the Buddha and his controbutions to human thought, we ought to begin by understanding the insecurities of the Iron age and the limitations of Iron Age solutions to those insecurities. In a way it was those insecurities that lead to an intellectual revolution in Europe that began with Francis Bacon. Bacon was the first thinker to observe that science could contribute of human security and material well being. Francis Bacon was undoubtedly the spiritual father of all true progressives. Bacon wrote
I would address one general admonition to all; that they consider what are the true ends of knowledge, and that they seek it not either for pleasure of the mind, or for contention, or for superiority to others, or for profit, or fame, or power, or any of these inferior things; but for the benefit and use of life;Bacon signaled the beginning of a second axiel age in human history, one which has begun the problems of human insecurity in ways that thinkers of the first Axiel age did not. †he great accomplishment of the second Axiel Age has been the expantion of the power of ordinary people, and indeed both Bacor and DesCartes for saw this acomplishment. By expanding human power the second Axiel also lead inexorably to a more complex society. consider the the relationship between the American and Chinese currencies:
if the Chinese economy continues to deteriorate – a likely scenario as the deterioration just started – the Chinese government will stop buying US Treasuries and even worse, it will start digging into its US reserves. Since there are no other natural buyers (in size) of the US debt, our interest rates may actually skyrocket, the US dollar drops against Chinese currency, while our inflation may still remain low. This is bad for China twice:In a complex economic environment war becomes more difficult. War becomes increasingly impossible in an international economy in which the wealth and prosperity of one nation is tied up with that of other nations. But complexity has its enemies. There are always those who long to return to simpler times. The Economist E. F. Schumacher was one. Schumacher wrote
- High interest rates mean even lower economic growth from the US and thus even lower consumption of Chinese-made goods.
- China cannot afford a weak US dollar – its US dollar reserves are worth less, and more importantly, its product becomes more expensive for US consumers.
What I’m struggling to do is to help recapture something our ancestors had. If we can just regain the consciousness the West had before the Cartesian Revolution, which I call the Second Fall of Man, then we’ll be getting somewhere.One must understand that in energy matters Schumacher was a long time advocate of Coal. He consulted for many years with the British Coal Board, and no doubt his acknowledge opposition to both oil and nuclear power was in no small measure to his vested interest in the fortunes of coal. But Charles Fager pointed out something else about Schumacher thinking about economics.
Small Is Beautiful -- a message so skillfully delivered that it has been absorbed by his audiences apparently without being noticed. What is the message? Nothing less than a passionate plea for the rediscovery of old-time Western religion -- Roman Catholic religion, to be precise.Fager continues:
That’s right: E. F. Schumacher is really an apologetical preacher, one of the rare breed whose experience has made it possible for him to employ effectively the language and concepts of economics as a medium for communicating what is essentially a sermon, a call for readers to repent, believe the gospel and reorder their lives accordingly.
He readily owned up to being a Catholic, a certified convert as of five years ago. This item is not mentioned in his book; in fact, one of the most frequently cited chapters, “Buddhist Economics,” almost made it appear as if he were deeply involved in Eastern religions. But wasn’t this chapter, I inquired, really more informed by the Catholic writings and thinkers he mentioned so frequently elsewhere in the book -- the papal encyclicals, Newman, Gilson and, above all, Thomas Aquinas?
Schumacher grinned. “Of course. But if I had called the chapter ‘Christian Economics,’ nobody would have paid any attention!”
This is not to say that the reference to Buddhism was a sham; he is firmly convinced that the basic elements of a common religious outlook are to be found in all the world’s major religions. But it was done artfully, to help get his message across. “You see, most people in the West are suffering from what I call an anti-Christian trauma,” he explained, “and I don’t blame them. I went through that for 20 years myself.”
Paradoxically, it was Buddhism that opened the door to Schumacher’s return to Western religion, so his use of Buddhist concepts, besides being shrewd, is authentically based in his experience. “I was raised in Germany in the atmosphere of scientific materialism,” he explained, “though with a veneer of Christianity -- Lutheranism. But after I went to the university, I reacted very strongly, like many young people, against veneers of religion and culture, and that was the beginning of my own version of the anti-Christian trauma. There’s much truth to that reaction too, of course, because the churches have become associated with so much that’s wrong about our culture.”
But this scientific materialism was hardly a satisfactory alternative world view for a sensitive soul. “These attitudes,” said Schumacher, “all left the taste of ashes in my mouth,” and it wasn’t long before he was searching for some better view of life.
the vagueness of the Buddhist canon on economic matters combined with its complexity and length allows room for quite different interpretations of an ideal economic system in modern times, especially since conditions are very much different than they were more than 2000 years ago when the Buddha lived. Of course, this situathon is little different from that of Christianity. The really difficult problem is to determine what part of the canon will be taken seriously under what circumstances, but this would require a much different kind of approach than the textual exegesis offered here.Schumacher conceived of the ideas of Buddhists economics while serving as a consultant for the government of Burma in the mid 1950's. The Buddhist economic program of U Nu, who Schumacher advised failed, and the country has been rulled for many years by a corrupt and tyrantical military 7Junta.
"Power tends to corrupt, and absolute power corrupts absolutely. Great men are almost always bad men."The only protection we have against the corruption that power brings is a competitive political system, but an adversarial system brings with it the possibility of using hate as a motivating force in politics. It is easier to demonize an opponent by denigrating him to the electorate rather than to defeat his argument through the use of reasoned arguments. Thus laziness is a major source of fallacious reasoning in politics. Ideology is a system of reasoning that relies on a closed system of related or semi-related propositions to yield answers to all political questions. Again the expediency of ideology is the effort it saves in thinking though issues. In addition, a shared ideology allows for consistency and cooperation among people who share the ideology. Thus ideologies may be very useful to political parties. However, once an ideology is applied to a problem, the ideologue typically stops thinking. If the ideologically correct solution fails to correct the problem, the ideologue who focuses on ideology rather than fact, may fail to notice that the problem is not solved by the ideologically correct solution. Even worse, the ideology may make assumptions that are just plain wrong and lead systematically to political errors.
Dogma wears two hats. . . . dogma facilitates bonding.When Democrats start talking about energy efficiency, clean energy, renewables, and dangerous nuclear power, they are being no more rational than Republicans are when they claim that "AGW is hype".
The assertion of group-approved-nonsense looks and sounds ridiculous to outsiders, but uttering it loudly in the presence of one’s group proves one’s loyalty to those insiders. The more nonsensical the dogma is, the tighter the bond it is capable of generating among those willing to utter it. . . .
Uttering officially-approved nonsense in front of one’s group identifies one as a bona fide member of that group. Uttering absurd things is a display that one desires to be a member of that group so incredibly much that one is willing to utter the sorts of things that will trigger social ridicule from learned outsiders. . . .
Therefore, uttering nonsensical dogma is not primarily about conveying the truth of the matter asserted. Rather, it’s about sending out a sonar signal in order to identify allies and enemies. It is a herding mechanism.This deep need to be accepted by a group is so deeply wired into humans that, in most people, it even overcomes the urge to follow evidence where it leads. Unfortunately, the literal meaning of the dogma doesn’t entirely dissipate. Therefore, we have lots of Republicans who still refuse to act on the threat of global warming. . . .
Raising one’s hand to swear allegiance to scientific nonsense is usually done in full view, but such it actually functions like a secret handshake.
If you want to feel the glow of acceptance by a big group of Republicans, all you’ve got to do is say the magic phrase: “Global Warming has not been proven.” Say it just often enough to piss off Democrats. Don’t say it too often or too loudly, or even the Republicans will think that you’re wierd. With those magic words denying global warming, you’ll get smiles and pats on the back from total strangers who will buy you drinks and regale you with stories about how they outwitted stupid Democrats; they’ll laugh at your jokes and they’ll tell you that you’re smart. . . .
Here’s an experment that demonstrates what I’m claiming. Take a Republican off to the side and talk to him one-on-one. Be cordial and non-threatening. He’ll eventually settle down and you’ll find him somewhat reasonable on many topics. Then allow him to wander back to his group of fellow Republicans and listen to the dogma start to fly again–the same guy who (minutes ago) was starting to make sense (when it was just the two of you) is now spouting nonsense like he’s absolutely sure of himself. . . .
Human beings do not live in the objective world alone, nor alone in the world of social activity as ordinarily understood, but are very much at the mercy of the particular language which has become the medium of expression for their society. It is quite an illusion to imagine that one adjusts to reality essentially without the use of language, and that language is merely an incidental means of solving specific problems of communication or reflection. The fact of the matter is that the "real world" is to a large extent unconsciously built up on the language habits of the group.One of my most telling formative experiences occurred on the first day of the school year a high school biology class. Several of the students in the class were to go to win National Merit Scholarships, which makes what happened that day so remarkable. The teacher began the class by talking about the study of living things, which is the subject. He mentioned several living organisms. Then he began to point to a potted plant that sat on his desk. He asked a member of the class if the plant was a living organism. The answer was "yes." Several other students were asked the same question, and each answered yes. Then the teacher pointed to a student in the back of the classroom if the glass in the classroom window was a living organism. The student answered "yes". Then the teacher asked the student who was sitting next to the first student, if the window glass was a living organism. The answer again came back yes. The teacher then very calmly began to work his way through the classroom, asking each student in turn if the window was a living organism. The answer was always, "yes". Eventually the teacher reached the front row, where I had taken a seat next to Vanda Brown, the a girl with a truly astonishing anatomy. The teacher finally asked me, "Mr. Barton, is the window glass a living organism?" I withdrew from my teenage revery on Vanda's most astonishing features long enough to say, "No". I probably lost my chance with Vanda at that moment, but the teacher thanked me for the right answer. I did not make an "A" in biology, but several of the students who had said the window was a living organism on the first day did. Once they figured out how to give the answers the teacher was looking for in class, they did fine.
The world has been slow to realize that we are living this year in the shadow of one of the greatest economic catastrophes of modern history... [The man in the street] begins to doubt the future. Is he now awakening from a pleasant dream to face the darkness of facts? Or dropping off into a nightmare which will pass away?
He need not be doubtful. The other was not a dream. This is a nightmare, which will pass away with the morning. For the resources of nature and men's devices are just as fertile and productive as they were. The rate of our progress towards solving the material problems of life is not less rapid. We are as capable as before of affording for everyone a high standard of life—high, I mean, compared with, say, twenty years ago—and will soon learn to afford a standard higher still. We were not previously deceived. But today we have involved ourselves in a colossal muddle, having blundered in the control of a delicate machine, the working of which we do not understand. The result is that our possibilities of wealth may run to waste for a time — perhaps for a long time.
" [Advanced] nuclear-weapon states such as the United States and Russia, using modern designs, could produce weapons from reactor-grade plutonium having reliable explosive yields, weight, and other characteristics generally comparable to those of weapons made from weapon-grade plutonium."DeVolpi comments,
"I suggest a discriminating reader would see that the quote is limited to “advanced nuclear-weapon states,” confined to “modern designs,” and qualified by terms such as “could produce,” “reliable yields,” and “comparable characteristics.” Since official declarations (hedges) are usually the product of a careful inter-agency vetting. His statement, thus, pretty much excludes reactor-grade plutonium as source material under a number of realistic circumstances: less-advanced nuclear-weapon states, less-sophisticated designs, less-than-assured yields, and other sub-marginal situations. In other words, neither advanced weapon states, nor less-advanced weapon states, nor threshold weapon states are likely to produce weapons from reactor-grade plutonium (for reasons validated by Hafemeister’s carefully chosen omissions)."Needless to say nuclear critics do not engage in such carful reading of the documents that they draw on to make their case. But then nuclear critics are not interested in questions of truth or accuracy. They simply mine sources for supportive quotes, and hope that no one will note important qualifications. Such selective misreading of texts, such cherry picking turns sources into sock puppets on the hands of nuclear critics like Dr Frank Barnaby, who has become the new anti-nuclear wacko on scitizen.
“There are so many job cuts and output cutbacks it’s shocking. That’s not a recession, that’s a depression. I look at the data points and they just scream at me that we are off the cliff.”During the last few months the Fed and the US Treasury has been running the printing presses at a historically high rate. The money creation machine has been working overtime. Conventional economic theory tells us that this should lead to rampant inflation yet as Craig Harrington notes
Despite the Fed’s creation of hundreds of billions of dollars out of thin air and the Treasury’s massive foreign borrowing campaign, the prices of everything from gas and groceries to electronics and clothing has gone down. Most of us are struggling through economic hardship of our own, and the recent drop in prices has been a welcome relief; but these price corrections could have a more sinister undertone. When prices fall across the board the phenomenon is called “deflation.” If this occurs over the course of a few months we typically herald it as a relief. If it occurs over an elongated time period, it spells doom to an economy.The word depression seems appropriate. What is happening is not a local mater in the United States. We are dealing with a world wide phenomena. The entire golbal economy economy is in a tail spin. The insane economic policies of the Bush Administration have something to do with the problem, but the Bush administration policies were expediencies designed to cope with a deeply flawed international economic structure. In my own oppenion, the problem has at least as much to do with distortions in the international economy by the fact Asian consumption of consumer goods was not growing as fast as their production in China and to a lesser extent India.
When prices drop across the board companies are forced to lay off workers, lay offs lead to decreases in disposable income which in turn lead to decreased consumption. In order to bring in customers companies must drop prices further, thus setting off another cycle. If this spirals out of control we could see massive joblessness, falling personal income, and prices so low companies cannot afford to produce or sell goods.
1. Debt liquidation and distress sellingAll nine conditions have arguably have been meet, and the collapse continues at a pace. By this time next year, economic conditions are likely to be much worse than they are now.
2. Contraction of the money supply as bank loans are paid off
3. A fall in the level of asset prices
4. A still greater fall in the net worths of business, precipitating bankruptcies
5. A fall in profits
6. A reduction in output, in trade and in employment.
7. Pessimism and loss of confidence
8. Hoarding of money
9. A fall in nominal interest rates and a rise in deflation adjusted interest rates
Brayton power cycles (rather than steamForsberg pointed to the potential of LFTRs to both produce electricity and destroy the dangerous components of nuclear waste.
cycles) that eliminate many of the historical challenges in building MSRs and (2) the conceptual development of several fast-spectrum MSRs that have large negative temperature and void coefficients, a unique safety characteristic not found in solid-fuel fast reactors.
to simultaneously reduce the current TRU wastes 15-fold (with onsite recycling) to 15,000 fold reduction (with the best offsite recycling), while also supplying 9000 GWe electricity for an energy-hungry world.This is surely an ambitious undertaking.
We can virtually eliminate the inventory TRUs in the reactor cores by gradually shutting down the reactors and fissioning the residual inventory off. The optimization goals of the shutdown procedure are:Eventually the TRU's and U-233 involved in the process can be "burned down" to a tiny amount of waste. as much as an 11,000 fold reduction in the amount of waste. The final waste will come from two sources: a very small leak of TRU and U-233 into the fission product stream, and the TRU and U-233 inventory left over when the final, very small TMSR no longer contains enough fissionable material to maintain a chain reactor.
1) minimize the final inventory of TRUs disposed as waste;
2) shut down the vast majority of reactors, as quickly as possible, consistent with the first goal.
The deployment not only provides 1,800,000 GW-yr (1.8 PW-yr) of electricity, but eliminates 90 to 99.99% of the world’s predicted transuranic waste inventory. The NM-TMSR’s fuel flexibility allows virtual elimination of the waste inventory arising from shutting down the reactor fleet. This sort of flexibility is much more difficult to achieve with any proposed solid fuel reactor. The Th-U233 cycle operates with TRU inventories only 5% of those for U238-Pu239 based breeder reactors. While much R&D needs to be funded and completed to bring this reactor to fruition, it is far less than the projected costs for Yucca Mountain, and solves both the TRU waste and energy generation challenges facing our society today.For those concerned about nuclear proliferation, the TMSR and similar LFTRs are wonderful deproliferation tools. Uranium and plutonium from nuclear weapons and weapons available stockpiles can be used as starter charges for LFTRs and burned up by the nuclear process. LFTR can be designed to produce no more U-233 than is burned up in its chain reaction. Thus far from being a nuclear proliferation menace, the LFTR can becomes a prime tool for lowering the possibility of nuclear war.
Ocean Energy assumes its deepwater wind turbines will have a “capacity factor” of 45%, or about half what a nuclear power plant has.The relative capacity factors of nuclear and wind means that for every watt of electricity that Gulf of Maine windmills will produce during a year, A nuclear plant of equivalent rated capacity will produce 2 watts. But arn't reactors more expensive than windmills? Currently cost figures for reactors of $8 billion dollars are being discussed for reactors to be built between 2012, and 2020, but this cost is highly speculative, and assumes a rate of inflation for building costs that may never occur. The same rate of inflation would undoubtedly effect the cost of wind projects, and if we use the $8 billion figure for nuclear we ought to assume a similar inflation cost for wind.
Offshore turbines exposed to stronger winds more months of the year also take a battering, which leads to downtime for additional maintenance and repairs, pushing total output back down.
The European Wind Energy Association figures offshore wind in the future could reach a capacity factor of 40%. In Britain, where the government hopes a raft of big, offshore wind farms will help the country meet its renewable-energy targets, experts figure offshore wind farms get about 33% capacity. In practice, U.K. offshore wind farms tend to produce between 25% and 35% of the listed power capacity. That’s not much better than cheaper onshore wind farms, which average about 27% in the U.K.
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