Friday, January 15, 2010

Cyclical Consumption






Cyclical consumption can be characterized as an economical pattern that has wave like trends or cycles. Thus, in order for the economy to function, it must repeat the same trends or go through the same cycles over and over. The same reason that financial bubbles are always followed by a collapse. Too have to big of a gap or low point between repeated cycles, and the economy will collapse.

Cyclical consumption is a very important part of our economies, without it all the economies in the world would collapse as soon as you hit critical mass or maximum entropy of the consumer base. In order for a business to function, it must create a product that the population wants, that people will want or need to buy. Now what happens when that product reaches critical mass such as the car, mobile phone or something as simple as a light bulb? If a product lasts for a very long time, then the company will wither up and die with time since no one will need to purchase their products anymore. So a funny thing happened.

Companies started to make their products purposefully defective, or took design shortcuts that directly comprised the lifespan of the product. Its called 'planned obsolescence' and it's a nasty by-product of capitalism and supply & demand.

The very first light bulb created by Thomas Edison is still burning in his house today. So why do we have light bulbs that last only a couple of thousand hours before it dies; because all the light bulb companies would be out of business by now if they created light bulbs that lasted. So light bulb companies add oxygen to the vacuum inside of a light bulb that causes the filament to oxidize and eventually turn to powder. Electronic makers use more plastic's in iPods, DVD players etc as plastic is cheaper to use, and more prone to failure due to it's head intolerance and environmental susceptibility.

Planned obsolescence also has another nasty side effect; Waste. If we are constantly exposed to buying new products that we need and want, what happens to the old products that we had that are being replaced. They end up in land fills, polluting the environment or being re-used into more useless products that we don't need and eventually end up in the landfill anyway.

Planned obsolescence is using up our planets resources faster than we can recycle it, or do something about it because by the time a lot of us figure out what is happening it will be to late. We are creating scarcity on our planet. Scarcity is the number one cause of all wars, it is the number one cause of crime although that is due to the artificial scarcity in our monetary system which is needed to acquire our needs and wants, so could be considered neurosis by planned obsolescence. The more scarce we make our planets resources; the more war, crime and poverty we will create, and the more that the big countries we live in will abuse the less fortunate and poorer countries elsewhere, something that is already going on. Fantastic system we live in.

About the only real solution, short of ending the monetary system, which is probably the only viable long term solution for the development of the human race is ethical consumerism. Which is pretty much the boycotting of products that use cheap materials, bad practices, sweat shops and other practices that only serve to make their product cheaper, reduces product lifespans, creates endless waste, promotes scarcity in less fortunate countries and forces us to spend our hard earned money on products that should last. 

So until we can get rid of money, I will do my best to be an ethical consumer, as I am as guilty, if not more than most people when it comes to supporting cyclical consumption in the past with my needless continuous purchases of gadgets, electronics and things I really don't need.




Thursday, January 7, 2010

Climbing of Ze Rock

Today I went rock climbing at the Edge. Every year for the past three years, I have come home just before the new year to catch up with friends and family, and have one futile attempt to work myself over to the giant wall taunting me. I work overseas, so recreation time is scarce. With this in mind, I decided to conquer the giant wall on this day.

I succeeded!

On the way home, I started thinking about cyclical consumption, and how our economies revolve around it. That will probably be my next blog post in a few days. That will be a mouthful.

Tuesday, January 5, 2010

Credit Cards

In the last few months, I have learnt a lot about central banks, in particular the Federal Reserve, our economies and how they function in the West. Then for some reason, the other day, I was at a Sanity store buying the 300 Collector's Edition, when it hit me. I don't know why it never hit me before. The purpose of a credit card is to provide you with credit, when you don't have any, or you are running low.

Well as any informed individual will know, the money that you use on a credit card is created out of nothing by the bank and then you have to pay them with your existing monies. So the bank wins by not only creating money out of nothingness, but then in the ultimate insult you have to pay them back with your hard earned money. To top that off, every dollar that is created by the bank to feed mine and your credit card debt contributes to inflation; inflation makes every dollar in the economy weaker which effectively makes the poor poorer and the rich richer. Since the rich have their monies in CD's generating interest that the lower and middle class feed them with the interest from their mortgage, they get richer in a inflationary environment. How awesome! Recently I was asked to put my saving's in a CD account, and I declined for precisely this reason. I don't want to be one of those people who benefits because of the less fortunate.

Thus, I have decided to never use my credit card again, unless I am in an emergency of course or if the retailer refuses to accept my EFPTOs card and what I want is really really pretty.

I don't know why it took me this long for that to hit me, sometimes I can be a bit slow but since my 4th code in life stipulates that I should 'be the change I want to see in the world', then I have no choice. I won't take part in the brazen attempt by banks and government to control us via the use of debt. Just remember, that it is the Central Bank's and every other bank's intention to put you in debt. A person in debt is much more likely to submit for work in a capitalist society to keep the economy pushing ever forward.

I don't won't to be a part of that game. My intentions are to rid myself of debt so that I can live without a full-time job. Only a mortgage to pay off before I reach that nirvana.

-Honest Arab

Monday, January 4, 2010

First Post


I have decided to verbalize my thoughts for two reasons. To make sure I don't forget them, and secondly, to open myself to public critique. I'm not always right, even though I like to think that I am but the more I am proven wrong, the more opportunities I have to learn and improve upon myself. Being wrong in today's society has a bad stigma attached to it, being wrong today almost means that you are a failure, and thus people take it very personally. I have recently taken the mental attitude to re-associate being wrong to being a good thing, for the more I am proven wrong, the smarter I get, and the less I get proven wrong with time, the smarter I am. Anyway, that's just my train of thought.


I like to talk about everything, so my posts will range from mildly to incredibly stupid, to hopefully thought provoking and everything in-between.