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“The old idea that words possess magical powers is false; but its falsity is the distortion of a very important truth. Words do have a magical effect — but not in the way that magicians supposed, and not on the objects they were trying to influence. Words are magical in the way they affect the minds of those who use them. ‘A mere matter of words’ we say contemptuously, forgetting that words have power to mould men’s thinking, to canalize their feeling, to direct their willing and acting. Conduct and character are largely determined by the nature of the words we currently use to discuss ourselves and the world around us.” — Aldous Huxley

WATCH Premier Danielle Smith rejects adding an independence question to the ballot unless it comes through a citizen-led initiative. "It would not be a government-sponsored question," she said, reiterating her position that Alberta should remain in Canada.

Fun fact: In Canada, power is divided, not centralized. Different governments. Different roles. But here’s the problem: most people don’t know who does what. When you don’t know where power sits, you can’t hold it accountable. That’s where civic knowledge changes everything.

Young kids can't find work because adults need to work until the minute they expire to survive a mediocre existence.

There will be no difference between communism and capitalism once AI and robots take over all work. Communism is government ownership of the means of production. The main economic problems with communism were the lack of incentives to be productive and the lack of freedom to produce what people wanted. In a fully automated economy, the government could own all the means of production while allowing the system to be completely responsive to consumer demand. Essentially, everyone could get anything they want, even a product made especially for them. It would be designed and produced quickly, at low cost, by AI and robots. There would be no need to incentivize work, since there would be no human workers to incentivize. There would be no need for profit to incentivize production, since anything people wanted could be made by fully automated industry. Alternatively, it would be possible for all businesses to be privately owned. However, from an economic perspective, and from the consumer’s perspective, there would essentially be no difference. Either way, a tax would be added to all sales so that UEI payments could be paid out to consumers. It may be the case that the economy will become so productive that demand will saturate. This means that people would not spend all the UEI they are given. If that turns out to be the case universally (no one wants more than the UEI pays out), then we could switch to a system where anyone can order whatever they want without paying. Under such conditions, private companies could also order equipment and supplies without paying, and then give away production for free. They would not be able to earn any profit. However, as I explained in a previous post, private companies would not be profitable anyway due to perfect competition and perfectly efficient markets. I know this all sounds strange, but this is likely to be the actual outcome when AI and robots take over all production, and once we reach the optimal limit to technology. This is not something I am proposing. It is not even really a prediction. It is simply an analysis of how the economy is likely to function under the conditions we are likely to see in the near future.