Economy Cars Quotes

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Let's just say that if these scientist had been using their brilliance for good instead of evil, cars would run off water vapor and leave fresh compost behind them; no one would be hungry; no one would be ill; all buildings would be earthquake-, bomb-, and flood-proof; and the world's entire economy would have collapsed and been replaced by one based on the value of chocolate.
James Patterson (Saving the World and Other Extreme Sports (Maximum Ride, #3))
The Democrats seem to be basically nicer people, but they have demonstrated time and again that they have the management skills of celery. They're the kind of people who'd stop to help you change a flat, but would somehow manage to set your car on fire. I would be reluctant to entrust them with a Cuisinart, let alone the economy. The Republicans, on the other hand, would know how to fix your tire, but they wouldn't bother to stop because they'd want to be on time for Ugly Pants Night at the country club
Dave Barry (Dave Barry Slept Here: A Sort of History of the United States)
Hitch: making rules about drinking can be the sign of an alcoholic,' as Martin Amis once teasingly said to me. (Adorno would have savored that, as well.) Of course, watching the clock for the start-time is probably a bad sign, but here are some simple pieces of advice for the young. Don't drink on an empty stomach: the main point of the refreshment is the enhancement of food. Don't drink if you have the blues: it's a junk cure. Drink when you are in a good mood. Cheap booze is a false economy. It's not true that you shouldn't drink alone: these can be the happiest glasses you ever drain. Hangovers are another bad sign, and you should not expect to be believed if you take refuge in saying you can't properly remember last night. (If you really don't remember, that's an even worse sign.) Avoid all narcotics: these make you more boring rather than less and are not designed—as are the grape and the grain—to enliven company. Be careful about up-grading too far to single malt Scotch: when you are voyaging in rough countries it won't be easily available. Never even think about driving a car if you have taken a drop. It's much worse to see a woman drunk than a man: I don't know quite why this is true but it just is. Don't ever be responsible for it.
Christopher Hitchens (Hitch 22: A Memoir)
Tim stared at the steel rod in the gloved hand. "Is that a magic wand?" The Covenant Man appeared to consider. "I suppose so. Although it started life as the gearshift of a Dodge Dart, America's economy car, young Tim." "What's America?" "A kingdom filled with toy-loving idiots. It has no part in our palaver.
Stephen King (The Wind Through the Keyhole (The Dark Tower, #4.5))
Today, even tangibles are intangibles - cars, planes, and computers rely on software. They are essentially digital assets under the disguise of a mechanical body, and much of their value is intangible.
Roger Spitz (The Definitive Guide to Thriving on Disruption: Volume IV - Disruption as a Springboard to Value Creation)
Even if we could grow our way out of the crisis and delay the inevitable and painful reconciliation of virtual and real wealth, there is the question of whether this would be a wise thing to do. Marginal costs of additional growth in rich countries, such as global warming, biodiversity loss and roadways choked with cars, now likely exceed marginal benefits of a little extra consumption. The end result is that promoting further economic growth makes us poorer, not richer.
Herman E. Daly (For the Common Good: Redirecting the Economy toward Community, the Environment, and a Sustainable Future)
If you want your fridge-freezer and your car and a nice house and asphalt on the roads and a health service, then thank the weapons business. Thank the war economy that drives us to this.
Jasper Fforde (The Eyre Affair (Thursday Next, #1))
You have to distinguish between two things - the Swedish economy and the Swedish stock market. The Swedish economy is the sum of all the goods and services that are produced in this country every day. There are telephones from Ericsson, cars from Volvo, chickens from Scan, and shipments from Kiruna to Skovde. That's the Swedish economy, and it's just as strong or weak today as it was a week ago... The Stock Exchange is something very different. There is no economy and no production of goods and services. There are only fantasies in which people from one hour to the next decide that this or that company is worth so many billions, more or less. It doesn't have a thing to do with the Swedish economy.
Stieg Larsson (The Girl with the Dragon Tattoo (Millennium, #1))
I was having dinner…in London…when eventually he got, as the Europeans always do, to the part about “Your country’s never been invaded.” And so I said, “Let me tell you who those bad guys are. They’re us. WE BE BAD. We’re the baddest-assed sons of bitches that ever jogged in Reeboks. We’re three-quarters grizzly bear and two-thirds car wreck and descended from a stock market crash on our mother’s side. You take your Germany, France, and Spain, roll them all together and it wouldn’t give us room to park our cars. We’re the big boys, Jack, the original, giant, economy-sized, new and improved butt kickers of all time. When we snort coke in Houston, people lose their hats in Cap d’Antibes. And we’ve got an American Express card credit limit higher than your piss-ant metric numbers go. You say our country’s never been invaded? You’re right, little buddy. Because I’d like to see the needle-dicked foreigners who’d have the guts to try. We drink napalm to get our hearts started in the morning. A rape and a mugging is our way of saying 'Cheerio.' Hell can’t hold our sock-hops. We walk taller, talk louder, spit further, fuck longer and buy more things than you know the names of. I’d rather be a junkie in a New York City jail than king, queen, and jack of all Europeans. We eat little countries like this for breakfast and shit them out before lunch.
P.J. O'Rourke (Holidays in Hell: In Which Our Intrepid Reporter Travels to the World's Worst Places and Asks, "What's Funny about This?")
Soon shall thy arm, UNCONQUER'D STEAM! afar Drag the slow barge, or drive the rapid car; Or on wide-waving wings expanded bear The flying-chariot through the fields of air.
Erasmus Darwin (The Botanic Garden. Part 1: The Economy of Vegetation)
But such people (Moderate Conservatives) aren't liberal. What they are is corporate. Their habits and opinions owe far more to the standards of courtesy and taste that prevail within the white-collar world than they do to Franklin Roosevelt and the United Mine Workers. We live in a time, after all, when hard-nosed bosses compose awestruck disquisitions on the nature of 'change,' punk rockers dispense leadership secrets, shallow profundities about authenticity sell luxury cars, tech billionaires build rock'n'roll musuems, management theorists ponder the nature of coolness, and a former lyricist fro the Grateful Dead hail the dawn of New Economy capitalism from the heights of Davos. Coversvatives may not understand why, but business culture had melded with counterculture for reasons having a great deal to do with business culture's usual priority - profit.
Thomas Frank
Old Deuteronomy's lived a long time; He's a Cat who has lived many lives in succession. He was famous in proverb and famous in rhyme A long while before Queen Victoria's accession. Old Deuteronomy's buried nine wives And more – I am tempted to say, ninety-nine; And his numerous progeny prospers and thrives And the village is proud of him in his decline. At the sight of that placid and bland physiognomy, When he sits in the sun on the vicarage wall, The Oldest Inhabitant croaks: "Well, of all … Things … Can it be … really! … No! … Yes! … Ho! hi! Oh, my eye! My mind may be wandering, but I confess I believe it is Old Deuteronomy!" Old Deuteronomy sits in the street, He sits in the High Street on market day; The bullocks may bellow, the sheep they may bleat, But the dogs and the herdsman will turn them away. The cars and the lorries run over the kerb, And the villagers put up a notice: ROAD CLOSED — So that nothing untoward may chance to disturb Deuteronomy's rest when he feels so disposed Or when he's engaged in domestic economy: And the Oldest Inhabitant croaks: "Well of all … Things … Can it be … really! … No! … Yes! … Ho! hi! Oh, my eye! My sight's unreliable, but I can guess That the cause of the trouble is Old Deuteronomy!
T.S. Eliot (Old Possum's Book of Practical Cats)
The more automated society gets and the more powerful the attacking AI becomes, the more devastating cyberwarfare can be. If you can hack and crash your enemy’s self-driving cars, auto-piloted planes, nuclear reactors, industrial robots, communication systems, financial systems and power grids, then you can effectively crash his economy and cripple his defenses. If you can hack some of his weapons systems as well, even better.
Max Tegmark (Life 3.0: Being Human in the Age of Artificial Intelligence)
No matter how good the car, or how well you care for it and how much utility and enjoyment you get from using it, you end up losing money in the long run.
Elly Blue (Bikenomics: How Bicycling Can Save The Economy (Bicycle))
The sooner we associate long hours and multitasking with incompetence and carelessness the better. The next time you hear boasts of executives pulling an all-nighter or holding conference calls in their cars, be sure to offer your condolences; it's grim being stuck in sweatshops run by managers too ignorant to understand productivity and risk. Working people like this is as smart as running your factory without maintenance. In manufacturing and engineering businesses, everyone learns that the top priority is asset integrity: protecting the machinery on which the business depends. In knowledge-based economies, that machinery is the mind.
Margaret Heffernan (Willful Blindness: Why We Ignore the Obvious at Our Peril)
Résumons en quatre mots le pacte social des deux états. Vous avez besoin de moi, car je suis riche et vous êtes pauvre ; faisons donc un accord entre nous : je permettrai que vous ayez l'honneur de me servir, à condition que vous me donnerez le peu qui vous reste pour la peine que je prendrai de vous commander.
Jean-Jacques Rousseau (A Discourse on Political Economy)
The best scenario of all when it comes to air pollution has nothing to do with tailpipe filters or hybrid, electric, or zero emissions car technology. The way to reduce pollution is to reduce driving, plain and simple.
Elly Blue (Bikenomics: How Bicycling Can Save The Economy (Bicycle))
We have long understood that it is not income that matters but consumption. Stripped to its essentials, the argument is that if somehow the consumption of middle-class householders keeps up, if they can afford a new car every few years and the occasional exotic holiday, perhaps they will pay less attention to their stagnant monthly paychecks.
Raghuram G. Rajan (Fault Lines: How Hidden Fractures Still Threaten The World Economy)
The limits of endurance running, according to physiologists, could be quantified with three parameters: aerobic capacity, also known as VO2max, which is analogous to the size of a car’s engine; running economy, which is an efficiency measure like gas mileage; and lactate threshold, which dictates how much of your engine’s power you can sustain for long periods of time.
Alex Hutchinson (Endure: Mind, Body, and the Curiously Elastic Limits of Human Performance)
...the economy cannot stop making us consume more and more, and to consume without respite is to change illusions at an accelerating pace which gradually dissolves the illusion of change. We find ourselves alone, unchanged, frozen in the empty space behind the waterfall of gadgets, family cars and paperbacks.
Raoul Vaneigem (The Revolution of Everyday Life)
Our inner life is what makes us human and, to me, it’s even more important for the way we live now. We’re constantly assaulted by all kinds of things—cell phones, televisions, ads, cars, news of war, the bad economy, shootings. It's endless. Can you imagine just continuously reacting to these things? You lose your soul.
E. Journey (Hello, My Love! (Between Two Worlds, #1))
Perhaps the deepest indication of our slavery is the monetization of time. It is a phenomenon with roots deeper than our money system, for it depends on the prior quantification of time. An animal or a child has “all the time in the world.” The same was apparently true for Stone Age peoples, who usually had very loose concepts of time and rarely were in a hurry. Primitive languages often lacked tenses, and sometimes lacked even words for “yesterday” or “tomorrow.” The comparative nonchalance primitive people had toward time is still apparent today in rural, more traditional parts of the world. Life moves faster in the big city, where we are always in a hurry because time is scarce. But in the past, we experienced time as abundant. The more monetized society is, the more anxious and hurried its citizens. In parts of the world that are still somewhat outside the money economy, where subsistence farming still exists and where neighbors help each other, the pace of life is slower, less hurried. In rural Mexico, everything is done mañana. A Ladakhi peasant woman interviewed in Helena Norberg-Hodge’s film Ancient Futures sums it all up in describing her city-dwelling sister: “She has a rice cooker, a car, a telephone—all kinds of time-saving devices. Yet when I visit her, she is always so busy we barely have time to talk.” For the animal, child, or hunter-gatherer, time is essentially infinite. Today its monetization has subjected it, like the rest, to scarcity. Time is life. When we experience time as scarce, we experience life as short and poor. If you were born before adult schedules invaded childhood and children were rushed around from activity to activity, then perhaps you still remember the subjective eternity of childhood, the afternoons that stretched on forever, the timeless freedom of life before the tyranny of calendar and clocks. “Clocks,” writes John Zerzan, “make time scarce and life short.” Once quantified, time too could be bought and sold, and the scarcity of all money-linked commodities afflicted time as well. “Time is money,” the saying goes, an identity confirmed by the metaphor “I can’t afford the time.” If the material world
Charles Eisenstein (Sacred Economics: Money, Gift, and Society in the Age of Transition)
Henry Ford gave that idea popular currency when he brought out the famous Model T car and announced in 1914 that he would pay his workers the then unheard-of wage of $ 5 a day. Not only was it a matter of social justice, Ford later wrote, but it was smart business. When wages are low, Ford argued, business and the economy are at risk. But when pay is high and steady, Ford reasoned, business is more secure because workers earn enough to be good customers and eventually to be able to afford to buy Model Ts.
Hedrick Smith (Who Stole the American Dream?)
Britain’s fashion industry employs more people and makes more money than do its car or steel industries.
John Howkins (The Creative Economy: How People Make Money from Ideas)
Teen drivers are more dangerous even than drivers in their eighties. And safety education, including showing teens gory movies of car crashes, has little effect.
Elly Blue (Bikenomics: How Bicycling Can Save The Economy (Bicycle))
Yeah, I toss trash out of my car onto the road. But I do it for the good of the economy, because by littering I’m literally creating jobs for garbage collection agencies.
Jarod Kintz (Sleepwalking is restercise)
Converting car parking to bike parking is one of the cheapest, easiest, and most effective ways for any city to make a sizeable dent in the bad economics of our current transportation system.
Elly Blue (Bikenomics: How Bicycling Can Save The Economy (Bicycle))
We have a very large cultural blind spot when it comes to cars. Using the roads by any means is one of the most dangerous things you will do on a daily basis; in a car, you are not very much less at risk, but you become a tremendous danger to others.
Elly Blue (Bikenomics: How Bicycling Can Save The Economy (Bicycle))
You have to distinguish between two things – the Swedish economy and the Swedish stock market. The Swedish economy is the sum of all the goods and services that are produced in this country every day. There are telephones from Ericsson, cars from Volvo, chickens from Scan, and shipments from Kiruna to Skövde. That’s the Swedish economy, and it’s just as strong or weak today as it was a week ago.” He paused for effect and took a sip of water. “The Stock Exchange is something very different. There is no economy and no production of goods and services. There are only fantasies in which people from one hour to the next decide that this or that company is worth so many billions, more or less. It doesn’t have a thing to do with reality or with the Swedish economy.
Stieg Larsson (The Girl with the Dragon Tattoo (Millennium, #1))
New Rule: Republicans must stop pitting the American people against the government. Last week, we heard a speech from Republican leader Bobby Jindal--and he began it with the story that every immigrant tells about going to an American grocery store for the first time and being overwhelmed with the "endless variety on the shelves." And this was just a 7-Eleven--wait till he sees a Safeway. The thing is, that "endless variety"exists only because Americans pay taxes to a government, which maintains roads, irrigates fields, oversees the electrical grid, and everything else that enables the modern American supermarket to carry forty-seven varieties of frozen breakfast pastry.Of course, it's easy to tear government down--Ronald Reagan used to say the nine most terrifying words in the Englishlanguage were "I'm from the government and I'm here to help." But that was before "I'm Sarah Palin, now show me the launch codes."The stimulus package was attacked as typical "tax and spend"--like repairing bridges is left-wing stuff. "There the liberals go again, always wanting to get across the river." Folks, the people are the government--the first responders who put out fires--that's your government. The ranger who shoos pedophiles out of the park restroom, the postman who delivers your porn.How stupid is it when people say, "That's all we need: the federal government telling Detroit how to make cars or Wells Fargo how to run a bank. You want them to look like the post office?"You mean the place that takes a note that's in my hand in L.A. on Monday and gives it to my sister in New Jersey on Wednesday, for 44 cents? Let me be the first to say, I would be thrilled if America's health-care system was anywhere near as functional as the post office.Truth is, recent years have made me much more wary of government stepping aside and letting unregulated private enterprise run things it plainly is too greedy to trust with. Like Wall Street. Like rebuilding Iraq.Like the way Republicans always frame the health-care debate by saying, "Health-care decisions should be made by doctors and patients, not government bureaucrats," leaving out the fact that health-care decisions aren't made by doctors, patients, or bureaucrats; they're made by insurance companies. Which are a lot like hospital gowns--chances are your gas isn't covered.
Bill Maher (The New New Rules: A Funny Look At How Everybody But Me Has Their Head Up Their Ass)
As the parts that made the Bugatti were pulled apart and twisted, the information that was embodied in the Bugatti was largely destroyed. This is another way of saying that the $2.5 million worth of value was stored not in the car’s atoms but in the way those atoms were arranged.
César A. Hidalgo (Why Information Grows: The Evolution of Order, from Atoms to Economies)
When bicycling, you’re simply less likely to make unplanned purchases, especially large ones. Shopping, especially for bulky items, must be more carefully planned and premeditated—you’ll want to do it all at once, and either bringing your trailer or renting or borrowing a car for an afternoon.
Elly Blue (Bikenomics: How Bicycling Can Save The Economy (Bicycle))
Is it weird that when I see a cool t shirt or pick up a toothbrush or see a new car I don't think about the product itself? I think about the thousands of people and dollars to make it. I think about how the retailer that took the risk to buy and resell it. Then I work backwards to the store costs, the distributer who got it there, the shipping company that brought it over from China, the factory workers that made it, the people that sourced the materials and the people that harvested the raw materials, and on and on.. . The global economy is amazing. Your $20 t-shirt is a freaking miracle.
Richie Norton
That’s why capitalism encourages us to seek immortality, happiness and divinity. There’s a limit to how many shoes we can wear, how many cars we can drive and how many skiing holidays we can enjoy. An economy built on everlasting growth needs endless projects – just like the quests for immortality, bliss and divinity.
Yuval Noah Harari (Homo Deus: A Brief History of Tomorrow)
That we can prescribe the terms of our own success, that we can live outside or in ignorance of the Great Economy are the greatest errors. They condemn us to a life without a standard, wavering in inescapable bewilderment from paltry self-satisfaction to paltry self-dissatisfaction. But since we have no place to live but in the Great Economy, whether or not we know that and act accordingly is the critical question, not about economy merely, but about human life itself. It is possible to make a little economy, such as our present one, that is so short-sighted and in which accounting is of so short a term as to give the impression that vices are necessary and practically justifiable. When we make our economy a little wheel turning in opposition to what we call “nature,” then we set up competitiveness as the ruling principle in our explanation of reality and in our understanding of economy; we make of it, willy-nilly, a virtue. But competitiveness, as a ruling principle and a virtue, imposes a logic that is extremely difficult, perhaps impossible, to control. That logic explains why our cars and our clothes are shoddily made, why our “wastes” are toxic, and why our “defensive” weapons are suicidal; it explains why it is so difficult for us to draw a line between “free enterprise” and crime. If our economic ideal is maximum profit with minimum responsibility, why should we be surprised to find our corporations so frequently in court and robbery on the increase? Why should we be surprised to find that medicine has become an exploitive industry, profitable in direct proportion to its hurry and its mechanical indifference? People who pay for shoddy products or careless services and people who are robbed outright are equally victims of theft, the only difference being that the robbers outright are not guilty of fraud.
Wendell Berry (What Matters?: Economics for a Renewed Commonwealth)
In larger scale disasters, bicycles are also proving to be valuable resources. After a hurricane, a tornado, or a flood, the streets tend to be clogged with debris, fuel is unavailable, cars are out of commission, and resources are strained. A bicycle with tough, knobby tires is often the only way to get around the city. These are times when the latent demand for bicycling makes itself known.
Elly Blue (Bikenomics: How Bicycling Can Save The Economy (Bicycle))
With the invention of the city and its powerful combination of economies of scale coupled to innovation and wealth creation came the great divisions of society. Our present social network structures barely existed in their present form until urban communities evolved. Hunter-gatherers were significantly less hierarchical, more egalitarian and community oriented than we are. The struggle and tension between unbridled individual self-enhancement and the care and concern for the less fortunate has been a major thread running throughout human history, especially over the past two hundred years. Nevertheless, it seems that without the motive of self-interest our entrepreneurial free market economy would collapse. The system we have evolved critically relies on people continually wanting new cars and new cell phones, new widgets and gadgets, new clothes and new washing machines, new thrills, new entertainment, and pretty much new everything, even when they already have enough of “everything.” It may not be a pretty picture and it doesn’t work for everyone, but so far, it’s worked remarkably well for most of us, and apparently most of us seem to want it to continue. Whether it can is a topic I’ll return to in the last chapter.
Geoffrey West (Scale: The Universal Laws of Growth, Innovation, Sustainability, and the Pace of Life, in Organisms, Cities, Economies, and Companies)
Under Coolidge, the federal debt fell. Under Coolidge, the top income tax rate came down by half, to 25 percent. Under Coolidge, the federal budget was always in surplus. Under Coolidge, unemployment was 5 percent or even 3 percent. Under Coolidge, Americans wired their homes for electricity and bought their first cars or household appliances on credit. Under Coolidge, the economy grew strongly, even as the federal government shrank. Under Coolidge, the rates of patent applications and patents granted increased dramatically. Under Coolidge, there came no federal antilynching law, but lynchings themselves became less frequent and Ku Klux Klan membership dropped by millions. Under Coolidge, a man from a town without a railroad station, Americans moved from the road into the air. Under Coolidge, religious faith found its modern context: the first great White House Christmas tree was lit, an ingenious use for the new technology, electricity. Under Coolidge, the number of local telephone calls went up by a quarter. In Silent Cal’s time, Americans learned to chatter. Under Coolidge, wages rose and interest rates came down so that the poor might borrow more easily. Under Coolidge, the rich came to pay a greater share of the income tax.
Amity Shlaes (Coolidge)
So, Ryan, back to my Economy model. In motor-vehicle parlance, she's the cloth-seats and plastic-steering-wheel version. But she gets you from A to B. This model comes only in white. My sister-in-law's a lovely black woman from Jamaica and she said to me, she said, Ron! Don't you dare do an Economy black woman. And I love women, I do, and I thought, yeah, show respect. Also, Bridget would knock the shit out of me.
Jeanette Winterson (Frankissstein: A Love Story)
There is a saying in the Middle East that goes something like this: “My grandfather rode a camel, my father drove a car, I travel on a jet, and my grandchild will ride a camel.” Not necessarily. The deserts of the Middle East and North Africa have more solar potential per square inch than any other region in the world—more energy potential, in fact, than all of the oil ever extracted from deep beneath its sand dunes. The
Jeremy Rifkin (The The Third Industrial Revolution: How Lateral Power Is Transforming Energy, the Economy, and the World)
When it comes to bicycling, short trips, close to home, are the lowest-hanging fruit. A quarter of all our daily travel is done within a mile of our homes. We do most of these short hops by car; less car-centric standards for neighborhood roads could easily make bicycling or walking a more attractive option. This need becomes especially clear when you know that these short local trips result in 60% of the pollution caused by our cars.
Elly Blue (Bikenomics: How Bicycling Can Save The Economy (Bicycle))
The more monetized society is, the more anxious and hurried its citizens. In parts of the world that are still somewhat outside the money economy, where subsistence farming still exists and where neighbors help each other, the pace of life is slower, less hurried. In rural Mexico, everything is done mañana. A Ladakhi peasant woman interviewed in Helena Norberg-Hodge's film Ancient Futures sums it all up in describing her city-dwelling sister: "She has a rice cooker, a car, a telephone — all kinds of time-saving devices. Yet when I visit her, she is always so busy we rarely have time to talk." For the animal, child, or hunter-gatherer, time is essentially infinite. Today its monetization has subjected it, like the rest, to scarcity. Time is life. When we experience time as scarce, we experience life as short and poor. If you were born before adult schedules invaded childhood and children were rushed around from activity to activity, then perhaps you still remember the subjective eternity of childhood, the afternoons that stretched on forever, the timeless freedom of life before the tyranny of calendar and clocks. "Clocks," writes John Zerzan, "make time scarce and life short." Once quantified, time too could be bought and sold, and the scarcity of all money-linked commodities afflicted time as well. "Time is money," the saying goes, an identity confirmed by the metaphor "I can't afford the time.
Charles Eisenstein (Sacred Economics: Money, Gift, and Society in the Age of Transition)
When we talk about reducing transportation emissions, the conversation tends to solely be about cars and fuel. Efforts to invent and promote electric and hybrid cars have enjoyed some success, and have proven the latent market demand for lower-emissions personal transportation. These vehicles pollute less, but they still require roads and parking spaces, are susceptible to crashes, and contribute to a dispersed and unhealthy landscape. And they are far from energy-neutral.
Elly Blue (Bikenomics: How Bicycling Can Save The Economy (Bicycle))
all this important stuff has *no one in charge of it.* Some people claim to be, but they're in charge of one tiny piece of it, and maybe they think *their* piece is a brake or a steering wheel, but they're wrong. The world's economy is a runaway train, the driver dead at the switch, the passengers clinging on for dear life as their possessions go flying off the freight-cars and out the windows, and each curve in the tracks threatens to take it off the rails altogether. There's a small number of people in the back of the train who fiercely argue about when it will go off the rails, and whether the train can be slowed down by everyone just calming down and acting as though everything was all right. These people are the economists, and some of the first-class passengers pay them very well for their predictions about whether the train is doing all right and which side of the car they should lean into to prevent their hats from falling off on the next corner. Everyone else ignores them.
Cory Doctorow (For the Win)
the modern economy needs constant and indefinite growth in order to survive. If growth ever stops, the economy won’t settle down to some cosy equilibrium; it will fall to pieces. That’s why capitalism encourages us to seek immortality, happiness and divinity. There’s a limit to how many shoes we can wear, how many cars we can drive and how many skiing holidays we can enjoy. An economy built on everlasting growth needs endless projects – just like the quests for immortality, bliss and divinity.
Yuval Noah Harari (Homo Deus: A Brief History of Tomorrow)
The cost to maintain local roads is, on average, more than 6 cents per mile for each car each year. How much of this do drivers actually pay? Less than a penny. What does this mean for bicycling? While people do not pay to ride bicycles on the road, bicycling also costs almost nothing—less than 1% of money spent on transportation infrastructure in the U.S. goes to anything bike-related, and bicycles do not contribute significantly to other road-related expenses like potholes, crashes, or congestion.
Elly Blue (Bikenomics: How Bicycling Can Save the Economy)
Secondly, if we somehow succeed in hitting the brakes, our economy will collapse, along with our society. As explained in a later chapter, the modern economy needs constant and indefinite growth in order to survive. If growth ever stops, the economy won’t settle down to some cosy equilibrium; it will fall to pieces. That’s why capitalism encourages us to seek immortality, happiness and divinity. There’s a limit to how many shoes we can wear, how many cars we can drive and how many skiing holidays we can enjoy. An economy built on everlasting growth needs endless projects – just like the quests for immortality, bliss and divinity.
Yuval Noah Harari (Homo Deus: A Brief History of Tomorrow)
Modern economies will always be tied to massive material flows, whether those of ammonia-based fertilizers to feed the still-growing global population; plastics, steel, and cement needed for new tools, machines, structures, and infrastructures; or new inputs required to produce solar cells, wind turbines, electric cars, and storage batteries. And until all energies used to extract and process these materials come from renewable conversions, modern civilization will remain fundamentally dependent on the fossil fuels used in the production of these indispensable materials. No AI, no apps, and no electronic messages will change that.
Vaclav Smil (How the World Really Works: The Science Behind How We Got Here and Where We're Going)
They hesitate. It seems that they share a secret but the secret can’t be spoken. The secret is this, the two of them, silent together, weary and vigilant, unaccompanied in the world although they are not alone in it; waiting, both of them, for something to collapse: the chair, the house, the economy; alert to the possibility of distant sounds: an approaching car, a whimpering child; two people who can’t stop paying attention, ever; who are compelled to worry about the future because the future threatens to unmake their children. Two people who thought, each in her own way, that she’d be different. The secret is neither more nor less than this, the two of them, here.
Michael Cunningham (Day)
The worst effects of breathing polluted air are experienced where it is densest: in traffic. Spending time on and near highways, freeways, and other busy roads is terrible for your health. How near is a question that is still being studied, but researchers believe that the effects are worst within either a fifth or a third of a mile. People in cars or buses are exposed to considerably more air pollution, perhaps because of, rather than despite, being in a closed space. People walking and bicycling on or next to roads breathe more air, but inhale somewhat less pollution; and cyclists have been found to have even less risk if they are on paths that are separated from the road.
Elly Blue (Bikenomics: How Bicycling Can Save The Economy (Bicycle))
There is a tendency among environmentalists to single out the big players in the market as the principal culprits: to pin environmental crime on those – like oil companies, motor manufacturers, logging corporations, agribusinesses, supermarkets – that make their profits by exporting their costs to others (including others who are not yet born). But this is to mistake the effect for the cause. In a free economy such ways of making money emerge by an invisible hand from choices made by all of us. It is the demand for cars, oil, cheap food and expendable luxuries that is the real cause of the industries that provide these things. Of course it is true that the big players externalize their costs whenever they can. But so do we. Whenever we travel by air, visit the supermarket, or consume fossil fuels, we are exporting our costs to others, and to future generations. A free economy is driven by individual demand. And in a free economy individuals, just as much as big businesses, strive to pass on their costs to others, while keeping the benefits. The solution is not the socialist one, of abolishing the free economy, since this merely places massive economic power in the hands of unaccountable bureaucrats, who are equally in the business of exporting their costs, while enjoying secure rents on the social product.16 The solution is to adjust our demands, so as to bear the costs of them ourselves, and to find the way to put pressure on businesses to do likewise. And
Roger Scruton (Green Philosophy: How to think seriously about the planet)
Them, too, but I was thinking of the people who make a religion out of something completely different. Like money—actually, that’s the nearest thing the government has to an ideology, and I’m not talking about bribes, Sam. Nowadays it’s not just unfortunate if you have a low-paid job, have you noticed? It’s actually irresponsible: you’re not a good member of society, you’re being very very naughty not to have a big house and a fancy car.” “But if anyone asks for a raise,” I said, whapping the ice tray, “they’re being very very naughty to threaten their employer’s profit margin, after everything he’s done for the economy.” “Exactly. If you’re not rich, you’re a lesser being who shouldn’t have the gall to expect a living wage from the decent people who are.
Tana French (In the Woods (Dublin Murder Squad, #1))
Them, too, but I was thinking of the people who make a religion out of something completely different. Like money - actually, that's the nearest thing the government has to an ideology, and I'm not talking about bribes, Sam. Nowadays it's not just unfortunate if you have a low-paid job, have you noticed? It's actually irresponsible: you're not a good member of society, you're being very very naughty not to have a big house and a fancy car." "But if anyone asks for a raise," I said, whapping the ice tray, "they're being very very naughty to threaten their employer's profit margin, after everything he's done for the economy." "Exactly. If you're not rich, you're a lesser being who shouldn't have the gall to expect a living wage from the decent people who are.
Tana French (In the Woods (Dublin Murder Squad, #1))
Why is the Deliverator so equipped? Because people rely on him. He is a role model. This is America. People do whatever the fuck they feel like doing, you got a problem with that? Because they have a right to. And because they have guns and no one can fucking stop them. As a result, this country has one of the worst economies in the world. When it gets down to it—talking trade balances here—once we've brain-drained all our technology into other countries, once things have evened out, they're making cars in Bolivia and microwave ovens in Tadzhikistan and selling them here—once our edge in natural resources has been made irrelevant by giant Hong Kong ships and dirigibles that can ship North Dakota all the way to New Zealand for a nickel—once the Invisible Hand has taken all those historical inequities and smeared them out into a broad global layer of what a Pakistani brickmaker would consider to be prosperity—y'know what?
Neal Stephenson (Snow Crash)
No society has succeeded in abolishing the distinction between ruler and ruled... to be a ruler gives one special status and, usually, special privileges. During the Communist era, important officials in the Soviet Union had access to special shops selling delicacies unavailable to ordinary citizens; before China allowed capitalist enterprises in its economy, travelling by car was a luxury limited to tourists and those high in the party hierarchy Throughout the 'communist' nations, the abolition of the old ruling class was followed by the rise of a new class of party bosses and well-placed bureaucrats, whose behaviour and life-style came more and more to resemble that of their much-denounced predecessors. In the end, nobody believed in the system any more. That, couple with its inability to match the productivity of the less bureaucratically controlled, more egoistically driven capitalist economies, led to its downfall.
Peter Singer (Marx: A Very Short Introduction)
It’s hard to believe you’d have an economy at all if you gave pink slips to more than half the labor force. But that—in slow motion—is what the industrial revolution did to the workforce of the early 19th century. Two hundred years ago, 70 percent of American workers lived on the farm. Today automation has eliminated all but 1 percent of their jobs, replacing them (and their work animals) with machines. But the displaced workers did not sit idle. Instead, automation created hundreds of millions of jobs in entirely new fields. Those who once farmed were now manning the legions of factories that churned out farm equipment, cars, and other industrial products. Since then, wave upon wave of new occupations have arrived—appliance repair person, offset printer, food chemist, photographer, web designer—each building on previous automation. Today, the vast majority of us are doing jobs that no farmer from the 1800s could have imagined.
Kevin Kelly (The Inevitable: Understanding the 12 Technological Forces That Will Shape Our Future)
This is America. People do whatever the fuck they feel like doing, you got a problem with that? Because they have a right to. And because they have guns and no one can fucking stop them. As a result, this country has one of the worst economies in the world. When it gets down to it—talking trade balances here—once we've brain-drained all our technology into other countries, once things have evened out, they're making cars in Bolivia and microwave ovens in Tadzhikistan and selling them here—once our edge in natural resources has been made irrelevant by giant Hong Kong ships and dirigibles that can ship North Dakota all the way to New Zealand for a nickel—once the Invisible Hand has taken all those historical inequities and smeared them out into a broad global layer of what a Pakistani brickmaker would consider to be prosperity—y'know what? There's only four things we do better than anyone else music movies microcode (software) high-speed pizza delivery
Neal Stephenson (Snow Crash)
In the early '80s, I spent a year working on a verse-play -- based on the life of Anne Maguire (whose sister, Mairead, founded the Peace People movement after Anne took her own life). Anne's three children were killed on the pavement as she was wheeling the pram one day in 1976 by an IRA fugitive's getaway car -- the driver fatally shot by a British soldier; this singular incident crystallized for me so much of the terror then in the air. Writing was a way of keeping clear -- in the sense of fixing it, restoring it facet by facet, to clarity. Catching a moment of history like a fly in amber with the chorus of witnesses alive, outside. After all, poetry affords this license and extreme economy. I have no business, of course, to write about such matters, being a complete foreigner in Ireland. But you do it because it is nobody's business. What you write is nobody's business. Isn't that poetry? - "What You Write Is Nobody's Business": An Interview With Wong May (The Believer, May 2014)
Wong May
Imagine that seven out of ten working Americans got fired tomorrow. What would they all do? It’s hard to believe you’d have an economy at all if you gave pink slips to more than half the labor force. But that—in slow motion—is what the industrial revolution did to the workforce of the early 19th century. Two hundred years ago, 70 percent of American workers lived on the farm. Today automation has eliminated all but 1 percent of their jobs, replacing them (and their work animals) with machines. But the displaced workers did not sit idle. Instead, automation created hundreds of millions of jobs in entirely new fields. Those who once farmed were now manning the legions of factories that churned out farm equipment, cars, and other industrial products. Since then, wave upon wave of new occupations have arrived—appliance repair person, offset printer, food chemist, photographer, web designer—each building on previous automation. Today, the vast majority of us are doing jobs that no farmer from the 1800s could have imagined. It
Kevin Kelly (The Inevitable: Understanding the 12 Technological Forces That Will Shape Our Future)
Though it finds its baldest expression in things like the Fiverr ads, this phenomenon—of work metastasizing throughout the rest of life—isn’t constrained to the gig economy. I learned this during the few years that I worked in the marketing department of a large clothing brand. The office had instituted something called the Results Only Work Environment, or ROWE, which meant to abolish the eight-hour workday by letting you work whenever from wherever, as long as you got your work done. It sounded noble enough, but there was something in the name that bothered me. After all, what is the E in ROWE? If you could be getting results at the office, in your car, at the store, at home after dinner—aren’t those all then “work environments”? At that time, in 2011, I’d managed not to get a phone with email yet, and with the introduction of this new workday, I put off getting one even longer. I knew exactly what would happen the minute I did: that every minute of every day I would in fact be answerable to someone, even if my leash was a lot longer.
Jenny Odell (How to Do Nothing: Resisting the Attention Economy)
Hoover’s greatest challenge was one of the least visible: the humble screw thread. Screws, nuts, and bolts are universal fasteners. They function in industrial societies, as one writer put it, like salt and pepper “sprinkled on practically every conceivable kind of apparatus.” Yet every such society encounters, early on, the vexing problem of incompatible screw threads. Different screws have different measurements, including the thread angles. If those don’t line up between the males and the females, you are, so to speak, screwed. .... Screw thread incompatibilities grew even more worrisome with the advent of cars and planes—complex vibrating objects whose failure could mean death. The problem had hobbled the armed forces in the First World War, which led Congress to appoint a National Screw Thread Commission. Still, it took years, until 1924, before the first national screw thread standard was finally published. It wasn’t a big-splash innovation like the Model T or the airplane, but that hard-won screw thread standard quietly accelerated the economy nonetheless.
Daniel Immerwahr (How to Hide an Empire: A History of the Greater United States)
Today, working hard is about taking apparent risk. Not a crazy risk like betting the entire company on an untested product. No, an apparent risk: something that the competition (and your co-workers) believe is unsafe but that you realize is in fact far more conservative than sticking with the status quo. Richard Branson doesn’t work more hours than you do. Neither does Steve Ballmer or Carly Fiorina. Robyn Waters, the woman who revolutionized what Target sells—and helped the company trounce Kmart—probably worked fewer hours than you do in an average week. None of the people who are racking up amazing success stories and creating cool stuff are doing it just by working more hours than you are. And I hate to say it, but they’re not smarter than you either. They’re succeeding by doing hard work. As the economy plods along, many of us are choosing to take the easy way out. We’re going to work for the Man, letting him do all the hard work while we put in the long hours. We’re going back to the future, to a definition of work that embraces the grindstone. Some people (a precious few, so far) are
Seth Godin (Small Is the New Big: and 183 Other Riffs, Rants, and Remarkable Business Ideas)
Now, although hypertension is accentuated by modern civilisation, it is not specifically a disease of civilisation. It is a disease of consciousness—that is, of being human. The farm labourer going to work is as likely to ignore his surroundings as the harassed car salesman. And if the inhabitants of some Amazon village are ‘closer to nature’ than New Yorkers, this is usually at the cost of dirt and ignorance and inconvenience. Hypertension is the price we pay for the symphonies of Beethoven, the novels of Balzac, the advances in medical knowledge that prevent children dying of smallpox. However, it is not a necessary and inescapable price. It is the result of ignorance, of bad management of our vital economy. The point to observe here is that although hypertension may not be necessary, it is as widespread as the common cold. It would not be inaccurate to say that all human beings live in a state of ‘vigilance’ and anxiety that is far above the level they actually need for vital efficiency. It is a general tendency of consciousness to ‘spread the attention too thinly’; and, like an over-excited child with too many toys on Christmas Day, the result is nervous exhaustion.
Colin Wilson (The Occult)
Online’ sales on the Internet are only an improvement of the old mail order catalogues, which were introduced in . . . 1850; they do not represent a structural change. Similarly, the Internet, multimedia cell phones, cable television, smartcards and the general computerisation of society — even genetic engineering — do not represent structural changes. They are all only developments of what already existed. There is nothing in all this to compare with inventions that really turned the world upside down, the real techno-economic metamorphoses introduced between 1860 and 1960 that revolutionised society and the framework of life: internal combustion engines, electricity, the telephone, telegraph, radio (which was more revolutionary than television), trains, cars, airplanes, penicillin, antibiotics, and so forth. The ‘new economy’ is behind us! No fundamental innovation has taken place since 1960. Computers only allow us to accomplish differently, faster and more cheaply (but with much greater fragility) what was already being done. On the other hand, the automobile, antibiotics, telecommunications and air travel were authentic revolutions that made possible what before had been impossible.
Guillaume Faye (Convergence of Catastrophes)
To purchase a Volkswagen, customers were required to make a weekly deposit of at least 5 Reichsmarks into a DAF account on which they received no interest. Once the account balance had reached 750 Reichsmarks, the customer was entitled to delivery of a VW. The DAF meanwhile achieved an interest saving of 130 Reichsmarks per car. In addition, purchasers of the VW were required to take out a two-year insurance contract priced at 200 Reichsmarks. The VW savings contract was non-transferable, except in case of death, and withdrawal from the contract normally meant the forfeit of the entire sum deposited. Remarkably, 270,000 people signed up to these contracts by the end of 1939 and by the end of the war the number of VW-savers had risen to 340,000. In total, the DAF netted 275 million Reichsmarks in deposits. But not a single Volkswagen was ever delivered to a civilian customer in the Third Reich. After 1939, the entire output was reserved for official uses of various kinds. Most of Porsche’s half-finished factory was turned over to military production. The 275 million Reichsmarks deposited by the VW savers were lost in the post-war inflation. After a long legal battle, VW’s first customers received partial compensation only in the 1960s.
Adam Tooze (The Wages of Destruction: The Making and Breaking of the Nazi Economy)
Once a young man with a black beard asked if he could have Roger’s parking space in a car park, and Roger waited twenty minutes before he moved the car. Out of principle! ... He waited twenty minutes before he moved the car out of principle. Because on the news that morning there was a man, a politician, who said we ought to stop helping immigrants. That they just come here thinking they can get everything for free, and that a society can’t work like that. He swore a lot, and said they’re all the same, people like that. And Roger had voted for the party that man belonged to, you see. Roger has very firm ideas about the economy and fuel taxes and things like that, he doesn’t like it when Stockholmers turn up and decide how everyone outside Stockholm should live. And he can be very sensitive. Sometimes he expresses himself a bit harshly, I’ll admit that, but he has his principles. No one can say he hasn’t got principles. And that particular day, after he’d heard that politician say that, we were in a shopping mall, it was just before Christmas so the car park was completely full when we got back to the car. Long, long queues. And that young man with the black beard, he saw us walking back to our car and wound his window down and asked if we were leaving, and if he could have our space if we were.
Fredrik Backman (Anxious People)
the cotton fields and strawberry patches of a much harsher world whose tragedies and daily burdens had blunted her temperament and quelled her emotions. But its most immediate impact on this teenage girl was not the lack of a demure coquettishness that otherwise might have defined her had she grown up in better circumstances; it was the visible evidence of the hardship of her journey. This was not a pom-pom-waving homecoming queen or a varsity athlete who had toned her body in a local gym. My mother never complained, but it was her struggles that had visibly shaped her shoulders, grown her biceps, and crusted her palms—while in a less visible way narrowing her view of her own long-term horizons. Decades later, when I was in my forties, I suppressed a defensive anger as I watched my mother sit quietly in an expansive waterfront Florida living room while a well-bred woman her age described the supposedly difficult impact of the Great Depression on her family. As the woman told it, the crash on Wall Street and the failed economy had made it necessary for them to ship their car by rail from New York to Florida when they headed south for the winter. Who could predict, she reasoned, whether there would be food or gasoline if their driver had to refuel and dine in the remote and hostile environs of small-town Georgia? My mother merely smiled and nodded, as
James Webb (I Heard My Country Calling: A Memoir)
It was the economy that troubled most people prior to World War II. Europe, especially Germany, was dealing with a deep worldwide depression. Fascism was gaining a stronghold in Germany as well as in many other European countries. Although small and generally not popular, the Communist Party was the only organized group to stand in opposition to the Nazis. Small bands of these Communists occasionally attempted to disrupt the government by rioting in the streets. Occasionally gunfire would be heard, but very little could be done about it by a people that did not want to get involved. Hitler’s “Brown Shirts” were rapidly solidifying their position, and the Nazi Party was becoming stronger. Even though they frequently violated the National Constitution, they brought order to what had been chaos. The Treaty of Versailles, enacted after World War I, was hated by the German people, who felt that it suppressed them in a most demeaning way. However now Hitler was putting people to work building cars and an autobahn highway system that connected the larger cities. Modernization of airports and the development of a national railroad were all in violation of the imposed international regulations. Workers were again bringing paychecks home and could once more feed their families. Therefore, little thought was given to Hitler’s power grab. Germany was emerging from the dark era following World War I, and things were getting better. The Vaterland was regaining its strength, without regard to what France and other European countries thought.... After all, what could they, or would they, do about it?
Hank Bracker
Here’s the four point battle plan, which we’ll return to at the end of the book: Disregard the Doomsayers: The misguided belief that “it’s too late” to act has been co-opted by fossil fuel interests and those advocating for them. It’s just another way of legitimizing business-as-usual and a continued reliance on fossil fuels. We must reject the overt doom and gloom that we increasingly encounter in today’s climate discourse. A Child Shall Lead Them: The youngest generation is fighting tooth and nail to save their planet, and there is a moral authority and clarity in their message that none but the most jaded ears can fail to hear. They are the game-changers that climate advocates have been waiting for. We should model our actions after theirs and learn from their methods and their idealism. Educate, Educate, Educate: Most hard-core climate-change deniers are unmovable. They view climate change through the prism of right-wing ideology and are impervious to facts. Don’t waste your time and effort trying to convince them. But there are many honest, confused folks out there who are caught in the crossfire, victims of the climate-change disinformation campaign. We must help them out. Then they will be in a position to join us in battle. Changing the System Requires Systemic Change: The fossil fuel disinformation machine wants to make it about the car you choose to drive, the food you choose to eat, and the lifestyle you choose to live rather than about the larger system and incentives. We need policies that will incentivize the needed shift away from fossil fuel burning toward a clean, green global economy. So-called leaders who resist the call for action must be removed from office.
Michael E. Mann (The New Climate War: The Fight to Take Back Our Planet)
Once a young man with a black beard asked if he could have Roger’s parking space in a car park, and Roger waited twenty minutes before he moved the car. Out of principle! ... He waited twenty minutes before he moved the car out of principle. Because on the news that morning there was a man, a politician, who said we ought to stop helping immigrants. That they just come here thinking they can get everything for free, and that a society can’t work like that. He swore a lot, and said they’re all the same, people like that. And Roger had voted for the party that man belonged to, you see. Roger has very firm ideas about the economy and fuel taxes and things like that, he doesn’t like it when Stockholmers turn up and decide how everyone outside Stockholm should live. And he can be very sensitive. Sometimes he expresses himself a bit harshly, I’ll admit that, but he has his principles. No one can say he hasn’t got principles. And that particular day, after he’d heard that politician say that, we were in a shopping mall, it was just before Christmas so the car park was completely full when we got back to the car. Long, long queues. And that young man with the black beard, he saw us walking back to our car and wound his window down and asked if we were leaving, and if he could have our space if we were. ... There were so many cars there that it took the young man twenty minutes to get to the part of the garage where we were parked. Roger refused to move the car until he got there. He had two little children in the back of the car, I hadn’t noticed, but Roger had. When we drove away I told Roger I was proud of him, and he replied that it didn’t mean he’d changed his mind about the economy or fuel taxes or Stockholmers. But then he said that he realized that in that young man’s eyes, Roger must look just like that politician on television, they were the same age, had the same color hair, the same dialect, and everything. And Roger didn’t want the man with the beard to think that meant they were all exactly the same.
Fredrik Backman (Anxious People)
Maybe nostalgia is itself the problem. A Democrat I met in Macon during a conversation we had about the local enthusiasm for Trump told me that “people want to go back to Mayberry”, the setting of the beloved old Andy Griffith Show. (As it happens, the actual model for Mayberry, Mount Airy, a bedraggled town in North Carolina, has gone all in on the Trump revolution, as the Washington Post recently reported.) Maybe it’s also true, as my liberal friends believe, that what people in this part of the country secretly long to go back to are the days when the Klan was riding high or when Quantrill was terrorizing the people of neighboring Kansas, or when Dred Scott was losing his famous court case. For sure, there is a streak of that ugly sentiment in the Trump phenomenon. But I want to suggest something different: that the nostalgic urge does not necessarily have to be a reactionary one. There is nothing un-progressive about wanting your town to thrive, about recognizing that it isn’t thriving today, about figuring out that the mid-century, liberal way worked better. For me, at least, that is how nostalgia unfolds. When I drive around this part of the country, I always do so with a WPA guidebook in hand, the better to help me locate the architectural achievements of the Roosevelt years. I used to patronize a list of restaurants supposedly favored by Harry Truman (they are slowly disappearing). And these days, as I pass Trump sign after Trump sign, I wonder what has made so many of Truman’s people cast their lot with this blustering would-be caudillo. Maybe what I’m pining for is a liberal Magic Kingdom, a non-racist midwest where things function again. For a countryside dotted with small towns where the business district has reasonable job-creating businesses in it, taverns too. For a state where the giant chain stores haven’t succeeded in putting everyone out of business. For an economy where workers can form unions and buy new cars every couple of years, where farmers enjoy the protection of the laws, and where corporate management has not been permitted to use every trick available to them to drive down wages and play desperate cities off one against the other. Maybe it’s just an impossible utopia, a shimmering Mayberry dream. But somehow I don’t think so.
Thomas Frank (Rendezvous with Oblivion: Reports from a Sinking Society)
OBAMA WENT THROUGH STAGES. That first day, I was in multiple meetings where he tried to lift everyone’s spirits. That evening, he interrupted the senior staff meeting in Denis McDonough’s office and gave a version of the speech that I’d now heard three times as we all sat there at the table. He was the only one standing. It was both admirable and heartbreaking watching him take everything in stride, working—still—to lift people’s spirits. When he was done, I spoke first. “It says a lot about you,” I said, “that you’ve spent the whole day trying to buck the rest of us up.” People applauded. Obama looked down. On the Thursday after the election, he had a long, amiable meeting with Trump. It left him somewhat stupefied. Trump had repeatedly steered the conversation back to the size of his rallies, noting that he and Obama could draw big crowds but Hillary couldn’t. He’d expressed openness to Obama’s arguments about healthcare, the Iran deal, immigration. He’d asked for recommendations for staff. He’d praised Obama publicly when the press was there. Afterward, Obama called a few of us up to the Oval Office to recap. “I’m trying to place him,” he said, “in American history.” He told us Trump had been perfectly cordial, but he’d almost taken pride in not being attached to a firm position on anything. “He peddles bullshit. That character has always been a part of the American story,” I said. “You can see it right back to some of the characters in Huckleberry Finn.” Obama chuckled. “Maybe that’s the best we can hope for.” In breaks between meetings in the coming days, he expressed disbelief that the election had been lost. With unemployment at 5 percent. With the economy humming. With the Affordable Care Act working. With graduation rates up. With most of our troops back home. But then again, maybe that’s why Trump could win. People would never have voted for him in a crisis. He kept talking it out, trying on different theories. He chalked it up to multiple car crashes at once. There was the letter from Comey shortly before the election, reopening the investigation into Clinton’s email server. There was the steady release of Podesta emails from Wikileaks through October. There was a rabid right-wing propaganda machine and a mainstream press that gorged on the story of Hillary’s emails, feeding Trump’s narrative of corruption.
Ben Rhodes (The World As It Is: A Memoir of the Obama White House)
The Deliverator's car has enough potential energy packed into its batteries to fire a pound of bacon into the Asteroid Belt. Unlike a bimbo box or a Burb beater, the Deliverator's car unloads that power through gaping, gleaming, polished sphincters. When the Deliverator puts the hammer down, shit happens. You want to talk contact patches? Your car's tires have tiny contact patches, talk to the asphalt in four places the size of your tongue. The Deliverator's car has big sticky tires with contact patches the size of a fat lady's thighs. The Deliverator is in touch with the road, starts like a bad day, stops on a peseta. Why is the Deliverator so equipped? Because people rely on him. He is a role model. This is America. People do whatever the fuck they feel like doing, you got a problem with that? Because they have a right to. And because they have guns and no one can fucking stop them. As a result, this country has one of the worst economies in the world. When it gets down to it -- talking trade balances here -- once we've brain-drained all our technology into other countries, once things have evened out, they're making cars in Bolivia and microwave ovens in Tadzhikistan and selling them here -- once our edge in natural resources has been made irrelevant by giant Hong Kong ships and dirigibles that can ship North Dakota all the way to New Zealand for a nickel -- once the Invisible Hand has taken all those historical inequities and smeared them out into a broad global layer of what a Pakistani brickmaker would consider to be prosperity -- y'know what? There's only four things we do better than anyone else: * music * movies * microcode (software) * high-speed pizza delivery The Deliverator used to make software. Still does, sometimes. But if life were a mellow elementary school run by well-meaning education Ph.D.s, the Deliverator's report card would say: "Hiro is so bright and creative but needs to work harder on his cooperation skills." So now he has this other job. No brightness or creativity involved -- but no cooperation either. Just a single principle: The Deliverator stands tall, your pie in thirty minutes or you can have it free, shoot the driver, take his car, file a class-action suit. The Deliverator has been working this job for six months, a rich and lengthy tenure by his standards, and has never delivered a pizza in more than twenty-one minutes.
Neal Stephenson (Snow Crash)
Obama is also directing the U.S. government to invest billions of dollars in solar and wind energy. In addition, he is using bailout leverage to compel the Detroit auto companies to build small, “green” cars, even though no one in the government has investigated whether consumers are interested in buying small, “green” cars—the Obama administration just believes they should. All these measures, Obama recognizes, are expensive. The cap and trade legislation is estimated to impose an $850 billion burden on the private sector; together with other related measures, the environmental tab will exceed $1 trillion. This would undoubtedly impose a significant financial burden on an already-stressed economy. These measures are billed as necessary to combat global warming. Yet no one really knows if the globe is warming significantly or not, and no one really knows if human beings are the cause of the warming or not. For years people went along with Al Gore’s claim that “the earth has a fever,” a claim illustrated by misleading images of glaciers disappearing, oceans swelling, famines arising, and skies darkening. Apocalypse now! Now we know that the main body of data that provided the basis for these claims appears to have been faked. The Climategate scandal showed that scientists associated with the Intergovernmental Panel on Climate Change were quite willing to manipulate and even suppress data that did not conform to their ideological commitment to global warming.3 The fakers insist that even if you discount the fakery, the data still show.... But who’s in the mood to listen to them now? Independent scientists who have reviewed the facts say that average global temperatures have risen by around 1.3 degrees Fahrenheit in the past 100 years. Lots of things could have caused that. Besides, if you project further back, the record shows quite a bit of variation: periods of warming, followed by periods of cooling. There was a Medieval Warm Period around 1000 A.D., and a Little Ice Age that occurred several hundred years later. In the past century, the earth warmed slightly from 1900 to 1940, then cooled slightly until the late 1970s, and has resumed warming slightly since then. How about in the past decade or so? Well, if you count from 1998, the earth has cooled in the past dozen years. But the statistic is misleading, since 1998 was an especially hot year. If you count from 1999, the earth has warmed in the intervening period. This statistic is equally misleading, because 1999 was a cool year. This doesn’t mean that temperature change is in the eye of the beholder. It means, in the words of Roy Spencer, former senior scientist for climate studies at NASA, that “all this temperature variability on a wide range of time scales reveals that just about the only thing constant in climate is change.”4
Dinesh D'Souza (The Roots of Obama's Rage)
If we are going to avoid similar financial crises in the future, we need to restrict severely freedom of action in the financial market. Financial instruments need to be banned unless we fully understand their workings and their effects on the rest of the financial sector and, moreover, the rest of the economy. This will mean banning many of the complex financial derivatives whose workings and impacts have been shown to be beyond the comprehension of even the supposed experts. You may think I am too extreme. However, this is what we do all the time with other products – drugs, cars, electrical products, and many others. When a company invents a new drug, for example, it cannot be sold immediately. The effects of a drug, and the human body’s reaction to it, are complex. So the drug needs to be tested rigorously before we can be sure that it has enough beneficial effects that clearly overwhelm the side-effects and allow it to be sold.
Ha-Joon Chang (23 Things They Don't Tell You about Capitalism)
Here are the six steps Bazerman and Moore argue you should take, either implicitly or explicitly, when applying a rational decision-making process. “Define the problem. Managers often act without a thorough understanding of the problem to be solved, leading them to solve the wrong problem. Accurate judgment is required to identify and define the problem. Managers often err by (a) defining the problem in terms of a proposed solution, (b) missing a bigger problem, or (c) diagnosing the problem in terms of its symptoms. Your goal should be to solve the problem, not just eliminate its temporary symptoms.” “Identify the criteria. Most decisions require you to accomplish more than one objective. When buying a car, you may want to maximize fuel economy, minimize cost, maximize comfort, and so on. The rational decision maker will identify all relevant criteria in the decision-making process.” “Weight the criteria. Different criteria will vary in importance to a decision maker. Rational decision makers will know the relative value they place on each of the criteria identified (for example, the relative importance of fuel economy versus cost versus comfort). The value may be specified in dollars, points, or whatever scoring system makes sense.” “Generate alternatives. The fourth step in the decision-making process requires identification of possible courses of action. Decision makers often spend an inappropriate amount of search time seeking alternatives, thus creating a barrier to effective decision making. An optimal search continues only until the cost of the search outweighs the value of added information.” “Rate each alternative on each criterion. How well will each of the alternative solutions achieve each of the defined criteria? This is often the most difficult stage of the decision-making process, as it typically requires us to forecast future events. The rational decision maker carefully assesses the potential consequences on each of the identified criteria of selecting each of the alternative solutions.” “Compute the optimal decision. Ideally, after all of the first five steps have been completed, the process of computing the optimal decision consists of (a) multiplying the ratings in step 5 by the weight of each criterion, (b) adding up the weighted ratings across all of the criteria for each alternative, and (c) choosing the solution with the highest sum of weighted ratings.
Sam Kyle (The Decision Checklist: A Practical Guide to Avoiding Problems)
At the level of economic theory, the great fallacy in the logic of David Ricardo, the father of free-trade theory, was to view the gains and losses of trade in a static fashion, as a snapshot at a single point in time. In Ricardo’s theory, whose variants are espoused by free-market economists to this day, if nineteenth-century Britain offered better and cheaper manufactured goods, the US should buy them and export something where it could compete—say, raw cotton and lumber—even if that meant the US never developed an industrial economy. By the same token, if twentieth-century America made the best cars, machine tools, and steel, Japan and Korea should import those, and continue to export cheap toys and rice. And if other nations subsidized US industries, Americans, rather than being fearful of displacement, should accept the “gift.” What Ricardo missed—and what leaders from Alexander Hamilton and Abraham Lincoln to Teddy Roosevelt grasped (likewise statesmen in nations from Japan to Brazil), as well as dissenting economists like the German Friedrich List and the Americans Paul Krugman and Dani Rodrik—was that the dynamic gains of economic development over time far surpass the static gains at a single point in time. Economic advantage is not something bestowed by nature. Advantage can be deliberately created—an insight for which Krugman won a Nobel Prize. Policies of economic development often required an active role for the state, in violation of laissez-faire.
Robert Kuttner (Can Democracy Survive Global Capitalism?)
The first and the most exciting thing for me as someone who has studied growth across countries from a macro perspective was that there is something truly unique about the Indian development model. I call this the ‘precocious development model’, since a precocious child does things far ahead of its time—in both the good and bad sense. Political scientists have often observed that India is a complete outlier in having sustained democracy at very low levels of income, low levels of literacy, with deep social fissures, and with a highly agrarian economy. Almost no country in the world has managed that under these conditions. I think the only continuous democracies have all been small countries (Costa Rica, Barbados, Jamaica, Mauritius and Botswana) with higher levels of literacy and fewer social divisions. The second part of the precocious model is that it entails not just precocious politics but also precocious economics. There are many ways of explaining this precocious economics model, but I focus on two. Most countries grow by either specializing in or exploiting their minerals—as in the old model—and in some cases, exploiting their geography. But most of the post-war growth experiences have come about by becoming manufacturing powerhouses, especially starting with low-skill labour and going up the value-added spectrum. Korea, Taiwan and China are classic examples, specializing in textiles and clothing initially and now becoming major exporters of electronics, cars, IT products, etc.
Arvind Subramanian (Of Counsel)
Tesla is a vehicle for an idea: that we humans have better ways to power our lives than to burn a dinosaur-era compaction that dirties the air and skanks up the chemistry of the atmosphere. That notion applies to more than just cars. Tesla also sells its batteries as energy storage units. Since it acquired SolarCity in 2016 and added solar panels to its offerings, Musk has made his intentions clear: Tesla is an energy company. This is the story of how the electric car became a Trojan horse for a new energy economy. I believe it is the most important technology story of the twenty-first century.
Hamish McKenzie (Insane Mode: How Elon Musk's Tesla Sparked an Electric Revolution to End the Age of Oil)
About ten years ago, while visiting Japan, I toured a Toyota car manufacturing plant that was able to produce five hundred cars per day with only four hundred employees because of automation. I thought to myself, ‘Imagine if you could take this automation and productivity out of the factory and put it into our everyday lives?’ I believe this will increase our global economy by orders of magnitude in the decades ahead.
Peter H. Diamandis (Abundance: The Future is Better Than You Think)
By 1900, electric delivery wagons, trucks, buses, ambulances, and taxis were roaming city streets across the country.
Seth Fletcher (Bottled Lightning: Superbatteries, Electric Cars, and the New Lithium Economy)
The small town of Kasane stands on the high veld plains of the northern horn of Botswana, a tourist haven shouldering the economy of the small but rich country. The town is located some one thousand kilometers north-east of the Capital City, Gaborone, with its hard blue skies and river-clear air, Kasane is a piece of paradise in this desert region; a shit-hole for the natives apparently as I was to learn, but still the place is a slice of heaven for tourists coming from outside. At the center of the small town resides an underrated true wonder of nature. A place called Plateau from which one can observe a pack of lions stalking a herd of Zebras; wildebeests crowded together like bees; a fish eagle splashing against the slow moving river and come out bearing a fighting catfish; herds of elephants and Buffaloes grazing and browsing the green mass of flora that escorts what seems like a coiling dark green phantom. The entire place below Plateau to the north is a wide array of interconnected channels, caressed on the sides by tall evergreen grass. The true wonder that is the exemplar of the Chobe District. The gravel to the height of ‘Plateau’ snakes through tall, fat baobab trees rising and falling, offering breathtaking views of the dense ridges, then dipping into creeks filled with clusters of dilapidated shacks and mobile homes with junk cars and abandoned road construction machinery scattered about. It clings to more defined creeks with shallow rapids and water clear enough to drink.
Thabo Katlholo
After World War II, the Italians made tremendous efforts to rebuild their country’s industry and economy. During the 1950s and ‘60s, with the aid of the European Recovery Program, the country encouraged new industries and improved its agriculture. Today, Italy’s industries are thriving, bringing work and wealth to the country. Nearly all families have homes, are well-fed, and own cars, televisions, and other consumer goods. Industrial success has brought problems, however. Building new factories, power stations, and roads has meant less land for housing, and millions of people live in crowded high-rise apartment houses. Industrial waste has caused pollution problems, especially in the rivers and along the coast. On the positive side, the gap between the rich, industrial north and the poorer, agricultural south is narrowing. The Southern Italy Development Fund has helped to make farming more efficient and established new industries, such as making electronic goods, in the south. Tourism has increased greatly, and more care is now being taken to preserve the country’s wildlife, natural landscapes, historical buildings, and works of art.
Marilyn Tolhurst (Italy (People & Places))
this is to mistake the effect for the cause. In a free economy such ways of making money emerge by an invisible hand from choices made by all of us. It is the demand for cars, oil, cheap food and expendable luxuries that is the real cause of the industries that provide these things. Of
Roger Scruton (How to Be a Conservative)
Castro’s revolution, with all of its supposedly good intentions, put a stop to the growth of Havana. Of course it put an end to the Mafia controlling the casinos and entertainment, but for them it was a minor setback. They just packed their bags and went to Las Vegas where they expanded and developed “The Strip!” Batista and his followers fled Cuba for the Dominican Republic, Europe and South Florida. Many Cubans lost everything they had but others fled taking their wealth with them. The upheaval in 1959 marked the beginning of austerity for this former freewheeling city. The communistic de-privatization of all businesses, along with the embargo imposed by the United States, created a serious decline in Havana’s economy. The constant pressure to nationalize, as well as the severe crackdown by the régime to keep people in line, curtailed growth and placed an enormous hardship on the Cuban people. Since the Castro Revolution, the people of Havana have been severely affected, because of the absence of commerce with its former trading partner, the United States, located only 90 miles to the north. In all Havana has taken a severe toll economically, with its dilapidated houses, and the pre-1959 cars on the streets of the city being a testimony to the bygone era. It is only now that with the hope of normalization between the governments of Cuba and the United States that perhaps the people will benefit. For the greatest part, the Port of Havana has also been bypassed, chiefly due to the restrictions placed on them by the United States. However, the Cuban government is now attempting a comeback by attracting tourism from Canada, Mexico, the Bahamas, Latin America, Asia and Europe. The city of Havana has renovated the Sierra Maestra Cruise Port, but only very few cruise companies consider Havana a port of call. Slowly, German and British ships started to arrive, including the Fred Olsen Cruises and Carnival Cruise Line. Technically Real Estate Brokers and Automobile Dealers are illegal in Cuba, although real-estate offices and car dealerships are blatantly open for business. The buying and selling of real estate and cars, which was forbidden for many years, can now be done because of some changes brought about by Raúl Castro, but only by full-time residents of Cuba. However, gray market sales are thriving through the use of friends and family as proxies.
Hank Bracker
The system we have evolved critically relies on people continually wanting new cars and new cell phones, new widgets and gadgets, new clothes and new washing machines, new thrills, new entertainment, and pretty much new everything, even when they already have enough of “everything.
Geoffrey West (Scale: The Universal Laws of Growth, Innovation, Sustainability, and the Pace of Life, in Organisms, Cities, Economies, and Companies)
It was the economy that troubled most people prior to World War II. Europe, especially Germany, was dealing with a deep worldwide depression. Fascism was gaining a stronghold in Germany as well as in many other European countries. Although small and generally not popular, the Communist Party was the only organized group to stand in opposition to the Nazis. Small bands of these Communists occasionally attempted to disrupt the government by rioting in the streets. Occasionally gunfire would be heard, but very little could be done about it by a people that did not want to get involved. Hitler’s “Brown Shirts” were rapidly solidifying their position, and the Nazi Party was becoming stronger. Even though they frequently violated the National Constitution, they brought order to what had been chaos. The Treaty of Versailles, enacted after World War I, was hated by the German people, who felt that it suppressed them in a most demeaning way. Now however, Hitler was putting people to work building cars and an autobahn highway system that connected the larger cities. Modernization of airports and the development of a national railroad were all in violation of the imposed international regulations. Now however, workers were bringing paychecks home and could once again feed their families. Therefore, little thought was given to Hitler’s power grab. Germany was emerging from the dark era following World War I, and things were getting better. The Vaterland was regaining its strength, without regard to what France and other European countries thought.... After all, what could they, or would they, do about it?
Hank Bracker
... the Great Depression had descended on the American economy and there were no jobs available. [He] not only couldn't find a position as an artist, he was unable to secure any kind of work. Weeks and months went by without success. Finally, he was hired by a small Texaco service station at the edge of town where cars seldom came. He was paid one dollar a day to pump gasoline, clean bathrooms, and remove grease off the pavement. My dad would later refer to that time as his days of 'Egyptian Bondage.' The Lord left him in this dead-end job for seven years until he became sick of himself and his lofty dreams.
James C. Dobson
At the time of our visit, European manufacturers doubted the robustness of the Indian car market, as well as the merits of being a minority partner in a government-managed company. Their fears were not without basis. Though the Indian economy had grown 7.2 per cent in 1980-81, it was not seen as a very vibrant economy. The demand for cars had been stagnant for a decade. Cars were highly taxed and were considered a luxury item. The economy was still closed and highly controlled and the business environment for foreigners was not friendly. If the number of cars produced was small, royalties would not yield much income. The stringent localization conditions would mean that profits from the sale of imported components would be low. The world car market was going through a downswing at that time and European car makers were battling stiff competition from Japanese cars on their home turf. Getting into an unfamiliar, and what appeared to be an unattractive market, was hardly a priority.
R.C. Bhargava (The Maruti Story)
The best-equipped infantry divisions, numbering 17,700 men, were provided with between 500 and 600 trucks, 390 cars and a similar number of motorcycles. But for the bulk of its transport the German army relied on horses.39 As compared to a wartime complement of 120,000 trucks, mainly drafted from private business, Fromm allowed for 630,700 horses, one animal for every four men in the active field army.
Adam Tooze (The Wages of Destruction: The Making and Breaking of the Nazi Economy)
What had saved Ukraine is precisely what made the United States the most vulnerable nation on earth. Ukraine wasn’t fully automated. In the race to plug everything into the internet, the country was far behind. The tsunami known as the Internet of Things, which had consumed Americans for the better part of the past decade, had still not washed up in Ukraine. The nation’s nuclear stations, hospitals, chemical plants, oil refineries, gas and oil pipelines, factories, farms, cities, cars, traffic lights, homes, thermostats, lightbulbs, refrigerators, stoves, baby monitors, pacemakers, and insulin pumps were not yet “web-enabled.” In the United States, though, convenience was everything; it still is. We were plugging anything we could into the internet, at a rate of 127 devices a second. We had bought into Silicon Valley’s promise of a frictionless society. There wasn’t a single area of our lives that wasn’t touched by the web. We could now control our entire lives, economy, and grid via a remote web control. And we had never paused to think that, along the way, we were creating the world’s largest attack surface.
Nicole Perlroth (This Is How They Tell Me the World Ends: The Cyberweapons Arms Race)
This book is a compilation of interesting ideas that have strongly influenced my thoughts and I want to share them in a compressed form. That ideas can change your worldview and bring inspiration and the excitement of discovering something new. The emphasis is not on the technology because it is constantly changing. It is much more difficult to change the accompanying circumstances that affect the way technological solutions are realized. The chef did not invent salt, pepper and other spices. He just chooses good ingredients and uses them skilfully, so others can enjoy his art. If I’ve been successful, the book creates a new perspective for which the selection of ingredients is important, as well as the way they are smoothly and efficiently arranged together. In the first part of the book, we follow the natural flow needed to create the stimulating environment necessary for the survival of a modern company. It begins with challenges that corporations are facing, changes they are, more or less successfully, trying to make, and the culture they are trying to establish. After that, we discuss how to be creative, as well as what to look for in the innovation process. The book continues with a chapter that talks about importance of inclusion and purpose. This idea of inclusion – across ages, genders, geographies, cultures, sexual orientation, and all the other areas in which new ways of thinking can manifest – is essential for solving new problems as well as integral in finding new solutions to old problems. Purpose motivates people for reaching their full potential. This is The second and third parts of the book describes the areas that are important to support what is expressed in the first part. A flexible organization is based on IT alignment with business strategy. As a result of acceleration in the rate of innovation and technological changes, markets evolve rapidly, products’ life cycles get shorter and innovation becomes the main source of competitive advantage. Business Process Management (BPM) goes from task-based automation, to process-based automation, so automating a number of tasks in a process, and then to functional automation across multiple processes andeven moves towards automation at the business ecosystem level. Analytics brought us information and insight; AI turns that insight into superhuman knowledge and real-time action, unleashing new business models, new ways to build, dream, and experience the world, and new geniuses to advance humanity faster than ever before. Companies and industries are transforming our everyday experiences and the services we depend upon, from self-driving cars, to healthcare, to personal assistants. It is a central tenet for the disruptive changes of the 4th Industrial Revolution; a revolution that will likely challenge our ideas about what it means to be a human and just might be more transformative than any other industrial revolution we have seen yet. Another important disruptor is the blockchain - a distributed decentralized digital ledger of transactions with the promise of liberating information and making the economy more democratic. You no longer need to trust anyone but an algorithm. It brings reliability, transparency, and security to all manner of data exchanges: financial transactions, contractual and legal agreements, changes of ownership, and certifications. A quantum computer can simulate efficiently any physical process that occurs in Nature. Potential (long-term) applications include pharmaceuticals, solar power collection, efficient power transmission, catalysts for nitrogen fixation, carbon capture, etc. Perhaps we can build quantum algorithms for improving computational tasks within artificial intelligence, including sub-fields like machine learning. Perhaps a quantum deep learning network can be trained more efficiently, e.g. using a smaller training set. This is still in conceptual research domain.
Tomislav Milinović
I think of the old slavery, and of the way The Economy has now improved upon it. The new slavery has improved upon the old by giving the new slaves the illusion that they are free. The Economy does not take people’s freedom by force, which would be against its principles, for it is very humane. It buys their freedom, pays for it, and then persuades its money back again with shoddy goods and the promise of freedom. “Buy a car,” it says, “and be free. Buy a boat and be free. Buy a beer and be free.” Is this not the raw material of bad dreams? Or is it maybe the very nightmare itself?
Wendell Berry (Jayber Crow)
It is the work of the preacher to connect the dots. Our participation in the dominant system is so “normal” that we do not notice. As a result our life is caught up in endless TV ads, mostly concerning new cars and more drugs that will kill us. It is assumed among us that more consumer goods will make us happy. It is assumed that more aggressive militarism will make us safe. It is assumed that more soccer practices will make us more ready for college applications. It is assumed that more spectator sports will give us companionship. It is assumed that anger toward Muslims is appropriate and can be unrestrained. All of these assumptions are sponsored by the empire and are regarded as “normal.” It is assumed that it is okay to treat “the other” as a commodity or as an object without merit who qualifies for no respect, compassion, or justice.
Walter Brueggemann (Tenacious Solidarity: Biblical Provocations on Race, Religion, Climate, and the Economy)
The Internet was originally built on trust,” write the authors of the IBM paper, Veena Pureswaran and Paul Brody. “In the post-Snowden era, it is evident that trust in the Internet is over. The notion of IoT solutions built as centralized systems with trusted partners is now something of a fantasy.” Pureswaran and Brody argue that the blockchain offers the only way to build the Internet of Things to scale while ensuring that no one entity has control over it. A blockchain-based system becomes the Internet of Things’ immutable seal. In an environment where so many machine-to-machine exchanges become transactions of value, we will need a blockchain in order for each device’s owner to trust the others. Once this decentralized trust structure is in place, it opens up a world of new possibilities. Consider this futuristic example: Imagine you drive your electric Tesla car to a small rural town to take a hike in the mountains for the day. When you return you realize you don’t have enough juice in your car and the nearest Tesla Supercharger station is too far away. Well, in a sharing economy enabled by blockchains, you would have nothing to fear. You could just drive up to any house that advertises that it lets drivers plug into an outlet and buy power from it. You could pay for it all with cryptocurrency over a high-volume payments system, such as the Lightning Network, and the tokens would be deducted from your car’s own digital wallet and transferred to the wallet of the house’s electric meter. You have no idea who owns this house, whether they can be trusted not to rip you off, or whether they’re the sort of people who might install some kind of malware into your car’s computer to rob its digital-currency wallet.
Michael J. Casey (The Truth Machine: The Blockchain and the Future of Everything)
The Internet put us on this disintermediating path some time ago, well before the blockchain came along. But it’s worth noting that at the heart of each new Internet application that cuts out some incumbent middleman there has typically been a technology that helps humans deal with their perennial mistrust issues. Who would have thought a decade ago that people would feel comfortable riding in the car of some stranger they’d just discovered on their phones? Well, Uber and Lyft got us over that trust barrier by incorporating a reputation scoring system for both drivers and passengers, one that was only made possible because of the expansion of social networks and communication. Their model showed that if we can resolve our trust issues with technology and give people confidence to transact, those people are willing and able to go into direct exchanges with complete strangers. These ideas are setting us on a path to a peer-to-peer economy.
Michael J. Casey (The Truth Machine: The Blockchain and the Future of Everything)
It is a foreign economy car, and while I won’t mention its brand name, I will say that it is made by a people renowned for their craftsmanship, philosophers, musicians and bratwurst.
Mike Royko (Early Royko: Up Against It in Chicago)
The fuel that fuels our cars and trucks on the road is where the economy starts. Small businesses and entrepreneurs greatly aid the nation's economic growth. Thirdly, investing in infrastructure leads to growing businesses and job opportunities.
Fred Mankind
When you sit in your car long enough, you will find that this is what everyone is doing.
Niedria Dionne Kenny
I watch and I wonder and I think. I think of the old slavery, and of the way The Economy has now improved upon it. The new slavery has improved upon the old by giving the new slaves the illusion that they are free. The Economy does not take people’s freedom by force, which would be against its principles, for it is very humane. It buys their freedom, pays for it, and then persuades its money back again with shoddy goods and the promise of freedom. “Buy a car,” it says, “and be free. Buy a boat and be free. Buy a beer and be free.” Is this not the raw material of bad dreams? Or is it maybe the very nightmare itself?
Wendell Berry (Jayber Crow)