Sunreign Reference: Robo(Eco)nomics

Robo(Eco)nomics

Robo eco nomics is the economics for the second industrial age. It takes into account the fact that mechanization and automation replaces humans in the work force. It replaces carbon energy sources (that need to be competitively distributed through fiat currencies) with renewable sources that can be created in abundance at virtually no cost. It has an answer to the flaws of fiat currency It is the final answer to how to balance our mechanized world with our renewable ecology. It can even repair and restore more of our ecology than what we started with at no cost.

Keynsian Misconceptions

In the industrial age fossil fuel based mechanization and automation squeezed out more and more labour from the essential activities needed to maintain our population. Agriculture, food processing and manufacturing all saw increased use of fossiel fuel driven machines to do tedious and labour intensive jobs, but also and increasingly to do more specailized tasks. Computers are now employed to do autonomous surveilance, control factories and the economy as a whole. Algorithmic trading steals millions daily from the much slower human traders.

Al this is improvement really, because humans have better lives not working tough jobs, so the aim of roboeconomics is not full employment. The idea that this is something to strive for is only advocated by people that want to keep profiting from the basic powerstructure created by now common (Keynesian) economic thought: the oil/credit system.

If we had a renewable powered machine that made everything we needed or wanted, would we all be out of work and poor (Keynes), or would we have all we needed and wanted for free (RE)?

A flawed means of exchange

The oil/credit system extends credit (meaning oil/fossil energy) to producers directly or though loans to consumers. This oil (representing all fossil energy sources) powers the machines that generate the products people need. These machines do that as long as they get energy, they don't question whether there are enough boots, jackets, so people making those products are competing with these machines and are at the mercy of the credit system that can keep powering any machine until there is no human employed or capable to do the same job.

What would any fiat currency today be worth if one excluded its use to buy fossil energy? Who would accept it? This reveals the carbon/credit system where banks extend the (carbon)credit the producers need. This is why 'non carbon' energy sources are either fought or centralized, they are a source of currency. This also means debt to banks is for a large part meaningless.

This system makes some people powerfull and wealthy, namely those that maintain and extend it. In order to give them the lifestyle they want many people find themselves without jobs and our ecosystem is depleted. This system can no aknowledge that humans that are replaced should be compensated, because then the oil would have to be used to openly provide all with what they need at least. That sharing has happened in the context of a social safetynet, but then it is framed in a way that pretends the recipients are weak and a parasite. They are not, they are a natural result of the Keynsian oil/credit system.

Fiat currency as it is used now is actually a hack. It is a hack on the concept of a certificate of ownership of f.i. gold, but legaly its value is selfreferencing. Fiat money is not meant to be stored, as it has no ability to ensure that it will be able to but the assets tomorrow that it can buy today. The particular assets may have been burned for instance. Stored fiat money should be destroyed, but that would break the hearts of those who falsely believe the money is a certificate of ownership.

In Roboeconomics the new currency is not a certificate of ownership but one of use. Lets call it the real carbon credit (RCC) Anyone in society can buy the use of energy with it. That is why producers will accept it (those that need to) in order to produce their products with machines, but also to pay their workers.

Energy producers are a special case. They can originate these RCC certificates themselves. There are no banks that have to do it for them. They can pay their workers with it. Any RCC they recieve as payment will be destroyed. That is right. Destroyed because the energy has been delivered. Just like your dry cleaning reciept is worthless once you get your suit back. They don't pay their workers with their income, but with new RCC.

To transition to the Second Industrial Era and apply Roboeconomics the steps are simple:

0. Take control of the energy/banking system. This requires clear loyalty of the army that secures the fossil fuel supply
1. Ration the fossiel supply to maximize the production of renewable energy sources. Set up the energy credit system.
2. Prioritize renewabels that can spawn renewable manufacturing (so you get a multiplier effect).
3. Priotritize the production side of society for conversion to renewables to secure the health and welbeing of the population.
4. Continue until you have a fully renewable powered automated society in which people are giving a basic credit to buy stuff, and products are made because they are preferred.
5. The new energy credit currency will exist only until it ends up with the renewable energy supplier, big or small. Then it is destroyed. It is not a certificate of ownership, but a certificate of right of use.

The result is a world in which people can enjoy the products of automation without being blamed for their 'lack of utility'. A world in wich energy suppliers create the currency, but in which anyone can eventualy originate energy (and currency RCC) from sources with diminshing cost and as a result the cost of everything will tend to zero. A world in which waste can also be recycled at cost tending to zero. A world in which machines are as organic as all life was before the industrial revolution. No competitive pressure on the utilization of fossil fuels. Then the question becomes: What do we like to enjoy? That is what we will have!

The ECO part

If renewable energy becomes abundant that not only means we can produce and live comfortably, it also means we can repair and restore our eco system at little or no cost. We can allow machines to plant trees they hatch themselves in nurseries, and then plant themselves using the power of the sun, we can fertilize our oceans with deep ocean water with roaming bots that float and move themselves with the power of the waves, wind or sun. All this can happen automatically, autonomously and without cost.

Copyright F. Rincker 2011 . Please link to this page and send any question to info@sunreign.com

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(tentative) Rules of the roboeconomy
0. The production and application of the most carbon (production wise) efficient renewable energy sources is prioritized
1. Energy sources are either owned by individuals or by public organizations. Energy companies will become publicly owned.
2. Banks can not own energy resources.
3. The currency is energy certificates that denote energy delivered to the owner by the party that sold the certificate.
4. Anyone that is interested can become an issuer of energy certificates and deliver energy to anyone else.
5. Public energy income is distributed as income to those that do not need to work.
6. ...

Sociology
The roboeconomic society can be simpler than our society, which is being churned and changed because of the competition for carbon resouces. In a stable society progress will be unnecessary and competition and ambtion should be about achieveing the accepted roles. There are cultures without chiefs, and so a government is not needed if society can serve it's own needs. If people are alllowed the freedom to be close and take care of each other they will have less cravings.

- Realism, experientialism, empiric attitude to the world
- Usefull roles that make up the complete spectrum of what people need
- No servants, but fair contributing
- Real direct social interaction driven by celebrating existence, we are human -be-ings
- Games