The Epocalypse (economic, epoch, apocalypse, collapse): Fear not … Evolution is just forcing an overdue Shift to Network Society
Epocalypse is an amalgamation of four words - economic, epoch, apocalypse and collapse. Epoch is defined as "the beginning of a distinctive period in the history of someone or something." Apocalypse is defined as "the complete final destruction of the world, especially as described in the biblical book of Revelation" or "an event involving destruction or damage on an awesome or catastrophic scale". According to Wikipedia, "it is commonly used in reference to any prophetic revelation or so-called end time scenario, or to the end of the world in general". Quite dramatic! Nothing to fear. It's evolutions way of encouraging a beneficial 'Shift' from Industrial Economy to Network Society. We only need fear continuing efforts to maintain the Industrial Economy model of organising society. In this article, we explore the Epocalypse, its role in evolution and potential evidence that the Epocalypse has started.
Nothing to fear ... it's a beneficial 'Shift'
It's actually very simple. Giant centralised hierarchies have used power (market, political and monetary) to delay evolution toward the Network Society. The adjustment to return to evolution will be harder and faster, but if not resisted, results in a Network Society. It does turn the world on its head and many of the fundamental assumptions underlying society which we consider fixed or correct, will be understood to be variables and incorrect. There will be a shift from inflation to deflation, centralisation to distributed, east to west, fiat/debt money to sound money, risky banking to prudent banking, debt to savings, unsustainable to sustainability, war to peace and other 'Shifts'. It is economic. A society, it's people and it's buildings still exist. It is a failure of the system used to organise society. We simply need a new or alternative method to organise society. The Industrial Economy has failed.
Evolution's tireless deflation will eventually succeed which means lower prices for the people and cheaper equities. Cheaper means better standard of living and is the inevitable outcome of a society that tirelessly produces 'more with less'. Cheaper asset prices means working less years before being able to fund retirement. Our one page plan summarises 'The Shift' and a Punctuated Reform plan to make the transition in 2 years.
The 'Punctuated reform' (1 page plan) crowd create 'Global Village' in 2 years
'Punctuated Reform' (one page plan) crowd creates 'Global Village' and restores evolution, 'The Shift',wisdom, prosperity and peace. It's a plan to escape 'Trapped Transition' and migrate from Industrial Economy (centralised stagnation) to Network Society (distributed prosperity). Everyone has a role to play in a country, sector or institution to drive 'Punctuated Reform' and transition to achieve 'Global Village' in 2 years.
Giant centralised hierarchies diverted us away from evolution's path
The Industrial Economy is the way we organise society. It fragments, centralises and monetises every "thing" for profit or taxation for the benefit of government and industry. The focus is economic and only on 2 of the 8 types of capital - material assets and the financial assets. It centralises power and prosperity in a few. Decisions made by the few are universally made to benefit a few. Inequality is now accepted as entirely a result of politicians granting market power to centralist structures. Paul Krugman states It’s obvious to the naked eye that our economy consists much more of monopolies and oligopolists than it does of the atomistic, price-taking competitors economists often envision". Widening inequality largely reflects political decisions that could have gone in very different directions." The different direction would have allowed society to naturally evolve toward the Network Society which distributes power and prosperity amongst everybody.
Evolution stalled? Why stop at social?
Social networks restructured social interaction by combining "Things" into "books" and sharing them globally. Every book contains a digestible and comprehensive statement of past, present and future regarding the social activities of a person, or of a particular thing? Why doesn't every other sector of society work the same way? Health, education, equity market, innovation, government, governance and every other sectors can operate the same way. The outcome is a Network Society. Why has the "things" into shared books approach not been deployed to other sectors?
The tireless 'more with less' evolution of our society simply means less people produce more output in every sector over time. Without new sectors in a stagnant Industrial Economy to provide employment, unemployment is inevitable. The assumption of one person's expenditure is another's income in an Industrial Economy becomes obsolete. Society's success means that a welfare payment to look for employment becomes a 'basic income' which acknowledges employment may simply not be available. A declining worker-dependent ratio resulting from demographics adds to the challenges. The Industrial Economy development model is not able to fund a 'basic income' or retirement for larger numbers of people. The productivity gains from the overdue Third Industrial Revolution and a Network Society is required to fund basic income and enhance society by organising 'contribution' directly between everyone.
Don't fight forces, use them.(1932)
This is not a visible revolution and it is not political. You’re dealing with the invisible world of technology. Politics is absolutely hopeless. That’s why everything has gone wrong. You have ninety-nine percent of the people thinking “politics,” and hollering and yelling. And that won’t get you anywhere. Hollering and yelling won’t get you across the English Channel. It won’t reach from continent to continent; you need electronics for that, and you have to know what you’re doing. Evolution has been at work doing all these things so it is now possible. Nobody has consciously been doing it. The universe is a lot bigger than you and me. We didn’t invent it. (1981)
We must do away with the absolutely specious notion that everybody has to earn a living. It is a fact today that one in ten thousand of us can make a technological breakthrough capable of supporting all the rest. The youth of today are absolutely right in recognizing this nonsense of earning a living. We keep inventing jobs because of this false idea that everybody has to be employed at some kind of drudgery because, according to Malthusian-Darwinian theory, he must justify his right to exist. So we have inspectors of inspectors and people making instruments for inspectors to inspect inspectors. The true business of people should be to go back to school and think about whatever it was they were thinking about before somebody came along and told them they had to earn a living. (1970)
Of course, our failures are a consequence of many factors, but possibly one of the most important is the fact that society operates on the theory that specialization is the key to success, not realizing that specialization precludes comprehensive thinking. (1963)
We are in an age that assumes the narrowing trends of specialization to be logical, natural, and desirable. Consequently, society expects all earnestly responsible communication to be crisply brief. . . . In the meantime, humanity has been deprived of comprehensive understanding. Specialization has bred feelings of isolation, futility, and confusion in individuals. It has also resulted in the individual's leaving responsibility for thinking and social action to others. Specialization breeds biases that ultimately aggregate as international and ideological discord, which, in turn, leads to war. (1975)
It is essential to release humanity from the false fixations of yesterday, which seem now to bind it to a rationale of action leading only to extinction.(1975)
It is now highly feasible to take care of everybody on Earth at a ‘higher standard of living than any have ever known.’ It no longer has to be you or me. Selfishness is unnecessary and henceforth unrationalizable as mandated by survival. (1981)
'Trapped Transition' or 'Punctuated Reform'
The global community is in 'Trapped Transition' between Industrial Economy and Network Society. 'Punctuated reform' and the Shift to the next stage of economic development can occur by design with a proactive and comprehensive plan, or by default with crisis, collapse or war. History shows us that the latter is more likely. Change rarely occurs without crisis, collapse or war. In the Age of Turbulence, old ways crumble, but the new can not take flight. Let’s escape 'Trapped Transition' by implementing 'punctuated reform' to move from centralised stagnation to distributed power and prosperity. We could be in 'Trapped Transition' for another 50 years, or complete 'Punctuated Reform' in 2-5 years.
Humanity is now experiencing history's most difficult evolutionary transformation. (1983)
There is more recognition now that things are changing, but not because there is a political move to do it. It is simply a result of the information being there. Our survival won’t depend on political or economic systems. It’s going to depend on the courage of the individual to speak the truth, and to speak it lovingly and not destructively. It’s saying what you really know and feel is the truth, in all directions. Our greatest vulnerability lies in the amount of misinformation and misconditioning of humanity.
There’s a built-in resistance to letting humanity be a success. Each one claims that their system is the best one for coping with inadequacy. We have to make them all obsolete. We need to find within technology that there is something we can do which is capable of taking care of everybody, and to demonstrate that this is so. (1981)
Leadership has no plan for the future ... ignore 'more with less' forces driving inevitable unemployment
Global and country governance offers no leadership. They only suggest that there is no alternative to the Industrial Economy and it's constituent parts. The result is evolution will force change. We are unprepared for it. We have misdiagnosed the problem and ignore the power of evolution to deliver 'more with less' and inevitable inflation and unemployment. Prior to the First Industrial Revolution (agriculture), 25% of people worked in agricultural, to feed about 700m. Today, 1.4% work in agriculture to feed 7 billion. Due to centralist distortions, 1/3 of food is wasted and people starve. The same productivity improvements has resulted in similar 'more with less' impacts on sectors. Approximately, 5% of the population can provide agricultural, manufacturing and construction needs for everyone. The Third Industrial Revolution does the same for other sectors. Unfortunately, 'more with less' outcomes in every sector means that people either must be redeployed to new sectors or unemployed. If there are no new sectors, then there are more unemployed and a new social contract needs to be created. Perhaps, income derived from jobs in an Industrial Economy, becomes income derived from contribution to "things" in Network Society.
Epocalypse ... Great Recession and reverberations around the world
Epocalypse is a term used by the Great Recession Blog. The following article provides an insight into the economic status of the US economy in the 'Trapped Transition. This article focuses on the US, but due to dependencies globally the 'Epocalypse' reverberates around the world. The US economy has a disproportionate impact on the world because the world has adopted a Unipolar structure that made the US the central consumer, central financial market and gave it disproportionate influence. US Insolvency and successful economic development in the rest of the world means an inevitable shift to a multipolar structure. A multipolar structure simply means distributed power and prosperity based.
Article: Epocalypse Soon: The Great Economic Collapse is Happening, David Haggith, 10 December 2015
- I use the term “epocalypse” to name the last days of the global economy as we know it — a global economic collapse of biblical proportion. It is economic, epochal, an apocalypse that will change the world and a collapse … all in one word that sounds the right size for what I’m talking about. Call it the “Great Collapse” or the “Epocalypse.” Whatever you call it, it’s about to change the world.
- I am referring to an economic crisis so big that the global economy will be forever different after those days. This economic collapse has already begun throughout the world, but I am holding off on using the title “Epocalypse Now” until the US stock market joins the crash. That’s the point at which we’re all in (i.e., at a level where everyone knows it and denial that it is happening falls apart). I anticipate making that call in a matter of days now. Here is where we stand at present:
- Economic collapse is already global: Open your eyes to a wider scope than just the US stock market, and it’s as if a fog lifts all around you to reveal a war-ravaged landscape. It may not be like the landscape described in the New Testament book, The Apocalypse (The Revelation), but it’s moving in that kind of direction. Let me describe what is already unfolding in case you haven’t caught the big picture.
- The energy crash is certain to worsen.
- All commodity prices are collapsing, and the situation is clearly going to worsen and stay bad for a long time.
- Globally, twenty-seven stock markets are now in correction
- Economic collapse is everywhere; several economies have seen recession this year.
- Global economic trade has been collapsing all year.
- Europe is trying to absorb millions of impoverished refugees.
- Islamic terrorism is not going away.
- Junk bond interest is skyrocketing as the high-yield bond market begins to collapse.
- The US Dept. of Agriculture has forecast that farm incomes will decline 38% this year.
- Major retailers are in decline.
- Auto loans and student loans are a leaning tower of debt.
- The US manufacturing sector is already in recession.
- Dow Theory is waving a bright-red flag. Shipping companies, railroads and trucking companies are all in serious decline
- Hedge funds are tanking.
- The US stock market now rides on only ten stocks.
- Corporate sales have been down every quarter of 2015, and stock buybacks have been the market’s main support to share prices.
- The Fed will raise interest rates in December.
- China’s yuan is now a global reserve currency.
The original article is available here.