John Maynard Keynes – “Anything we can do, we can afford.”
Money tells you how much of society’s resources you can command. Can you use that building, that land or that person?
It’s more than that, of course, but this is its most fundamental use.
But we are all familiar with the fact that often there are empty buildings, unemployed people and land which is not being used productively. We also know that often what people, land and buildings are being used to do is a bad: a net negative.
99% of Wall Street, for just one example. 85% of the US military, for a second.
We use money so much that we forget that it’s only a proxy. What matters is the actual resources: do we have enough, epople, land, buildings, oil, steel, and other resources to do something or can we get the resources we need, either by moving people and other resources away from bad stuff to good stuff, or by creating more resources.
If we have enough or can create enough or can redistribute enough resources, we can do that thing, whatever it is. The limit isn’t money, the limit is actual, real resources.
Estimates of bullshit jobs are at about 40% or so. I’d personally put it higher: jobs that either are pointless or actively harmful are the majority of what we do.
We can do plenty, any time we really, as societies, want to.
There will come a time, and that time is not so distant, where we can’t. Where real and painful decisions will have to be made, but we are still, in most of the developed world, in a surplus situation, with a lot of resources mis-allocated. Reallocate them and we can fix many of our problems and mitigate almost all the rest, while actually improving human and animal welfare massively.
“Afford” is a word for people, not a word for governments who can print money. For them, the question is “does the country have the resources and can they be mobilized?”
We can make the world and ourselves better when we want to, at least for now.
This is a donor supported site, so if you value the writing, please DONATE or SUBSCRIBE.
