Archive for November 26, 2011

Kanye West: POWER

November 26, 2011 2 comments

Lots of symbolism.. Illuminated eyes, Doric columns, Eye of Horus, Isis, Hathor, Sword of Damocles and so on.


Categories: Uncategorized

Why Stability of Income is More Important than Quantity

November 26, 2011 10 comments

I am going to make an assertion that flies in the face of what currently goes for american ‘common’ sense.

Stability of income is significantly more important than its quantity.

To put it another way, a person with a mediocre but very stable income will have a very different world view and lifestyle from someone who makes significantly more (income) but from an unstable source. Let us be clear about a few things- upfront. The mediocre, but stable income, must be enough for a person to meaningfully engage in civil society. So welfare, social security, life behind bars etc does not count as mediocre, but stable, income or livelihoods.

But why is the stability of an income source more important than its size?

Conventional explanations for this phenomena usually take the form of some bullshit about ‘future time orientation’. However any and all such explanations are full of shit because they do not factor in the most important factor concerning the income stream of most people.

The vast majority of people don’t write their own paycheck!

Therefore income stability is not linked to some bullshit ‘race-realist’ drivel, ‘STEM’ jobs or education but to something far more fundamental, trans-cultural and trans-racial. All reasons invoked by CONservatives or LIEbertarians fall flat because they cannot explain why a willing, competent and otherwise reasonable person cannot get a reasonably stable job, which in the current system is the major source of income for most people. A society that cannot provide income (jobs) or any other alternate means of a humane sustenance has failed a very basic test- it has removed all rational reasons for the affected person to participate in that society other than to main, cripple, torture and kill other members of that society.

Income stability is therefore a very good proxy for the health of the ‘social contract’ in any given society.

The problems caused by an unstable income stream are however even more expansive in nature- for they not only reflect a broken social contract but cause a variety of responses which ultimately doom that society. Let me explain-

Take 2 men, person A and person B. Imagine that person A makes 50k/year in a somewhat monotonous, but very stable, 40 hours/week job. Person B makes 80-90k/year but in a unstable industry where job changes, frequent moves and prolonged unemployment between jobs is common. Moreover the industry in which person B works discriminates against older workers. Now put yourself in both their shoes and imagine how you would live, act and see the world around you.

Even though person A makes less than person B, he is reasonably sure where his next paycheck, his next year’s paychecks and even the next decade’s paychecks are going to come from. He can therefore plan his life around that rhythm and develop relationships, buy stuff and be generally involved in the society around him. In contrast, person B is spending most of his time looking for the next job, trying to get information about the latest round of layoffs and spending his time just trying to keep up. Because of the frequent layoffs, firings, moves etc he has no interest in developing relationships and is very cynical about human beings and society in general. To make a long story short- person B won’t invest in or care about preserving society because he has no stake in its stability and well being.

Under reasonably stable conditions, both A and B will act ‘normal’. The fun begins once the overall system becomes more stressed and unstable. While person A will try to stabilize the system and cooperate with others who want to do so, person B will take that a cue to explode, bail out, withdraw or join an ideology that promises a fair share of the loot to its followers. It really comes down to whether there are enough person As to stop person Bs from capsizing a stressed socio-economic system.

The astute reader will note that income streams which created person As were the the norm in post-ww2 period. However the silent neo-liberal/neo-conservative revolution of the 1980s have put an increasing number of people in the person B situation (if they are lucky). It all appeared to work OK till the mid-1990s, when a significant number of people born of person As realized that they had no choice but to become person Bs. I would go so far as to say that most people born after 1970 are person Bs.

However the real impact of their rising numbers requires reduction in the number of person As in the working age group and a series of serious socio-economic crises which test the system. As some of you might have realized we are entering, or have already entered, that situation.

My prediction is that every honest or crooked attempt to stabilize and calm the system will paradoxically make it worse, because our ideas about pacifying people are meant to work on person A, not person B.

What do you think? Comments?