Socialism

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How 5G will change (destroy) the world | World Economic Forum

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Editor’s Note: The unforeseen consequences of unleashing an electronic network worldwide with nowhere to hide, with a bombardment of such powerful frequencies as to disrupt every living system with proven oxygen shattering and immune suppressing technology is beginning to unfold. This article is an industry puff piece for the global leaders of industry promoting 5G as the next panacea for all our problems. My friends, this is a crisis of consciousness and will forever map the trajectory of human evolution. Only robots will survive this 5G rollout. Read it and weep!

By Don Rosenberg

It is not an easy time to be an internationalist, to seek global solutions to global problems amid what feels like one of history’s periodic inclinations toward divisiveness.

Yet, ironically, we’re on the verge of a new age of interconnectedness, when the daily lives of people across the planet will be more closely intertwined than ever. Advances in technology will usher in the age of fifth generation, or 5G, telecommunications. And, if past is prologue, this technological evolution will lead to dramatic societal changes.

The first generation of mobile communications, with brick-sized phones, brought just a handful of users expensive and often unreliable analogue voice calling. The second generation introduced digital voice service that was less likely to be dropped, available to many more people and ultimately cheaper to use. 3G ushered in the mobile internet, mobile computing, and the proliferation of apps. 4G (often called LTE) made possible all we have come to expect of mobile broadband: streaming video and audio; instantaneous ride hailing; the explosion of social media.

We take all this connectivity for granted, but the engineering inside the device in your bag or pocket today would have seemed impossible less than 20 years ago.

So, where will 5G take us?

Think about a world in which not just people but all things are connected: cars to the roads they are on; doctors to the personal medical devices of their patients; augmented reality available to help people shop and learn and explore wherever they are. This requires a massive increase in the level of connectivity.

5G is the technological answer, making possible billions of new connections, and making those connections secure and instantaneous. 5G will impact every industry – autos, healthcare, manufacturing and distribution, emergency services, just to name a few. And 5G is purposely designed so that these industries can take advantage of cellular connectivity in ways that wouldn’t have been possible before, and to scale upwards as use of 5G expands.

But generational change in mobile communications doesn’t just appear overnight. It requires significant effort in research and development and the resources necessary to support that effort. Work on 4G took nearly a decade and the challenges were not easy. Consider one of tens of thousands of problems that needed to be solved as described by an engineer at Qualcomm, where much of this technology was invented:

“When the signal leaves the base station, it can undergo a loss of up to 130 decibels before it reaches your mobile phone. To put that loss into perspective, if you consider the transmitted signal power to be roughly the size of the Earth, then the received signal power would be equivalent to the size of a tiny bacteria.”

That is a tremendous loss of power, and it requires some pretty impressive engineering to compensate for the effect of the loss on the words, pictures, and other data we send and receive across the airwaves in a transparent, seamless and instantaneous way.

But we weren’t alone. The international engineering co-operation that goes into development of a telecom standard illustrates how much can be achieved when disparate national, commercial and scientific parties work together for the common good.

Like 3G and 4G, 5G is the responsibility of the standards-setting organisation 3GPP, where the handful of companies that invent technologies come together with many, many more companies who will develop products that implement those technologies.

Think about this process for a moment: engineers from rival inventing companies, rival product makers, rival wireless network operators, all from different countries and continents, discussing, testing, striving to perfect tens of thousands of different technical solutions that ultimately make up a standard like 5G.

They judge each technical solution using a merit-based, consensus-building approach. This process has been at the foundation of a technological revolution that spawned myriad new industries, millions of new jobs and well over a $1 trillion in economic growth.

It’s the fusion of commercial self-interest with the recognition that some problems are best solved by working together. And it’s not a bad model of human behaviour if we are to meet the World Economic Forum’s goal this year to address the problems of “a fractured world”.

The benefits and advantages of 5G technology are expected to be available sometime in 2019. We believe 5G will change the world even more profoundly than 3G and 4G; that it will be as revolutionary as electricity or the automobile, benefitting entire economies and entire societies.

Developing nations have rivalled or surpassed their industrialised counterparts in benefiting from the deployment of mobile technology, and there’s every reason to think 5G will have an even bigger levelling effect than its predecessors.

Economists estimate the global economic impact of 5G in new goods and services will reach $12 trillion by 2035 as 5G moves mobile technology from connecting people to people and information, towards connecting people to everything.

 

Many of the benefits probably aren’t yet apparent to us. Wireless network operators initially resisted proposals to give their customers mobile access to the internet, questioning why they would want it. At the dawn of 4G’s adoption no one could have predicted the new business models that grew on the back of mobile broadband, like Uber, Spotify and Facebook.

Now, according to the European Patent Office, the number of patent applications related to “smart connected objects” has surged 54% over the last three years, suggesting new, related and as-yet unknown inventions will arrive even before 5G becomes available.

This is news that should encourage us amid glum commentaries on the state of the world. There is promise yet in what we’re capable of achieving.

Source: World Economic Forum

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The Insane Cost of Government | Uncommon Wisdom

By Larry Edelson

Editor’s Note: The American’s for Tax Reform Foundation’s Cost of Government Day Report is a mindbender. If this isn’t a steady march towards national, corporate socialism then what?

The Cost of Government Day (COGD), the day of the calendar year on which the average American worker has earned enough gross income to pay off his or her share of the spending and regulatory burdens imposed by government on the federal, state, and local levels, is now August 19, the latest date ever recorded.

In simple language, it means that the average American must work 230 days, or 63% of the year, to pay for the full cost of government.

That’s pretty darn amazing. And frightening. It essentially means that 63% of your labor output belongs not to you and the loved ones you care for, but to Washington.

Here’s how it breaks down:

  1. Federal spending: The average American worker has to labor for 104 days just to pay for federal spending, which consumes 28.6% of national income. That compares to 90 days in 2008, a 15.5% increase. The chief increase in costs were the bailouts of the financial crisis. The bailouts cost the average American 14 days of worth of work to pay for them.
  2. State and local spending: This is also costing us all, big time. In 2010 the average American had to work 52 days just to pay for state and local government expenditures.
  3. That’s up from 42.5 days in 1999. A whopping 22.3% increase in costs.
  4. The regulatory costs of the federal government: Another shocker ― the average American worker must labor 48 days just to cover the costs of federal regulations. And then there’s …
  5. Another 26 days you must toil to pay the costs of state and local regulations.

I don’t know about you, but the cost of government is insane. 63 out of every 100 hours you work is to pay for government?

You get to keep only 37% of your labor?

It’s high time we got rid of big government. That ratio needs to be inverted, at a minimum. We should keep at least 75% of our labor.

Government should cost far less, way less. Less than one-quarter of our labor output, in my opinion.

Source: Uncommon Wisdom

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The Political Economy of Government Employee Unions | LewRockwell.com

By Thomas J. DiLorenzo

Editor’s Note: Unlike the protests and “revolution” in Egypt these domestic uprisings are characterized by government employees and unions demanding more than their fair share of the overall economic pie as if they’re somehow “entitled” to a pension and benefits when the average non-government worker cannot even find a job in this recessionary economy. This is a government of, by and for the people, not of, by and for the government. Let’s get real people!

The main reason why so many state and local governments are bankrupt, or on the verge of bankruptcy, is the combination of government-run monopolies and government-employee unions. Government-employee unions have vastly more power than do private-sector unions because the entities they work for are typically monopolies.

When the employees of a grocery store, for example, go on strike and shut down the store, consumers can simply shop elsewhere, and the grocery-store management is perfectly free to hire replacement workers. In contrast, when a city teachers’ or garbage-truck drivers’ union goes on strike, there is no school and no garbage collection as long as the strike goes on. In addition, teachers’ tenure (typically after two or three years in government schools) and civil-service regulations make it extremely costly if not virtually impossible to hire replacement workers.

Thus, when government bureaucrats go on strike they have the ability to completely shut down the entire “industry” they “work” in indefinitely. The taxpayers will complain bitterly about the absence of schools and garbage collection, forcing the mayor, governor, or city councillors to quickly cave in to the union’s demands to avoid risking the loss of their own jobs due to voter dissatisfaction. This process is the primary reason why, in general, the expenses of state and local governments have skyrocketed year in and year out, while the “production” of government employees declines.

For decades, researchers have noted that the more money that is spent per pupil in the government schools, the worse is the performance of the students. Similar outcomes are prevalent in all other areas of government “service.” As Milton Friedman once wrote, government bureaucracies – especially unionized ones – are like economic black holes where increased “inputs” lead to declining “outputs.” The more that is spent on government schools, the less educated are the students. The more that is spent on welfare, the more poverty there is, and so on. This of course is the exact opposite of normal economic life in the private sector, where increased inputs lead to more products and services, not fewer.

Thirty years ago, the economist Sharon Smith was publishing research showing that government employees were paid as much as 40 percent more than comparable private-sector employees. If anything, that wage premium has likely increased.

The enormous power of government-employee unions effectively transfers the power to tax from voters to the unions. Because government-employee unions can so easily force elected officials to raise taxes to meet their “demands,” it is they, not the voters, who control the rate of taxation within a political jurisdiction. They are the beneficiaries of a particular form of taxation without representation (not that taxation with representation is much better). This is why some states have laws prohibiting strikes by government-employee unions. (The unions often strike anyway.)

Politicians are caught in a political bind by government-employee unions: if they cave in to their wage demands and raise taxes to finance them, then they increase the chances of being kicked out of office themselves in the next election. The “solution” to this dilemma has been to offer government-employee unions moderate wage increases but spectacular pension promises. This allows politicians to pander to the unions but defer the costs to the future, long after the panderers are retired from politics.

As taxpayers in California, Wisconsin, Indiana, and many other states are realizing, the future has arrived. The Wall Street Journal reports that state and local governments in the United States currently have $3.5 trillion in unfunded pension liabilities. They must either raise taxes dramatically to fund these liabilities, as some have already done, or drastically cut back or eliminate government-employee pensions. Read more…