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A "Sense of Justice" may well be universal and constant for any social being that forms communities with its peers.

"Justice" itself however is formed from these communities and can only be effective within them with a single sovereign power (Monarch or Constitutional Office (e.g. The President)). For more on this read Hobbes' Leviathan and subsequent enlightenment thinkers.

Therefore it is clear that Justice in our mortal experience is neither constant nor universal as there are many communities with different degrees of justice that are inconsistent with each other.

So effectively your question leads the answer towards concepts that only a Monotheist would argue for, needing a sovereign, omnipotent and eternal power in which Justice could flow in an existence beyond our mortal experience.

Interestingly what came first do we think? Our ideas of Justice or Monotheism?

Within the logistics fraternity all the focus is on shifting more onto water from air, road and rail. eCO2 per Tonne-km is roughly 1% of airfreight, 10% road and 50% of rail. I think this fact has allowed the Sea-freight community to keep off the hook until now. So great to see the realization that complacency of being the most efficient mode of transport should not get in the way of radical improvement. There are some appallingly old and inefficient shipping stock on the seas and the economics of the industry sometimes create odd conditions where lanes can be underutilized despite there being cargo available at a price above marginal cost.

That being said if it was my choice to invest a tonne of CO2 anywhere it would be on shipping. Compared to Air transport which either moves only the wealthy or the goods and services that the wealthy consume, Sea freight impacts the lives and well being of almost everyone on the planet.

So the question is... what the hell are we going to do about aviation?

This article reminded me of the excellent BBC Radio series "A History of Britain in Numbers" from a few years back where it illustrated quite excellently just how far we have come in 150 years. The presenter was the Head of the UK statistics agency and one of his summary statements near the end of the series was so good I had to transcribe it:

"It’s easier to romanticise the past than the present. People know every blemish on the here and now and we dwell on them our daily toils and woes with a foul cry of injustice over the late running of the 8:03. At the same time, familiarity can create the habit of taking the good for granted. It doesn’t make for a balanced judgement of how we are doing [….]

To me the groaners have it the wrong way round. Today we live beyond the dreams of our ancestors. If you doubt that: pull out half your teeth; solve your pension problem by dying early; contract TB; quarter your income; make your home more affordable by stripping out the toilet, hot water, heating, phone line and let it grow damp, dark, cold and overcrowded; cancel all leave bar bank holidays and work, WORK, HARD until you drop. If you are a woman give up all hope of the same freedoms and opportunities as men and have four or five extra kids the mourn the death of a few of them in infancy."

thelurkerawakens  ·  link  ·  parent  ·  post: Would you rent a watch?

I would have rented a Seiko Kinetic only on the basis that they seem to die just after the warranty period and in operating rental models that is the problem of the asset owner. It would force them to actually make them to last! (That's how my last two watches died and three years on I haven't missed having a watch.)

From what I read on the Circular Economy this is the key sustainability benefit of renting... making the manufacturer design things with life cycle costs fully optimized, not just to limp over the warranty window at the point that someone will be stuck into buying an upgrade.

The article ends comparing Social Media with the early car industry, suggesting that a suitable response is specific regulatory requirements (Seat belts, lead free paint, etc…). It finishes with the point that the conversation needs to start now… Then says nothing. Another “something must be done” article.

So in the interests of actually doing something. I wonder what ideas we have?

Here are my straw men, ready for you all to burn them to ashes:

1) Responsibility to retract. It is too much to expect an independent body to fact check anything looking like news before it is published. But this is the case with old fashioned newspapers as well. After the fact allow a mechanism for a particular article to be brought before a judicial review board and if judged intentionally incorrect then the media company must issue a retraction to any feed that got fed that particular article. Applied today then every other feed would probably be a retraction notice rendering social media suddenly less engaging. In turn this incentivises FB, etc… to exercise judgement in what they take on rather than sitting on the side lines going “Free Speech. Not our job to regulate.”

2) Visible sponsor. On any article that is “Sponsored” full traceability needs to be provided to find who commissioned the article. Admittedly this would probably end up being an innocuous sounding shell company (Friends for Free Information and Kittens inc.) and inevitably you would end up running into Dark Money, but at least to the discerning consumer it would erect an additional defence against the BS.

3) Commentary is less clear and I have few ideas, but that being said any commentator that re-tweets/reposts an article in effect binds themselves and the social media platform to the responsibility to retract in the future. In the end though one’s own comments are less dangerous as I suspect most savvy social media consumers can spot trolls and shills quite easily.

For once the Brits get to see something well before the US! The whole series is stunning - wait for the Octopus!

The BBC can sometimes create some amazing content, only the blockbuster stuff like this, Dr Who and some other stuff gets marketed outside the UK. There are some seriously excellent radio programmes that go into some great depth into subjects and connect to some of the best minds in the field. For those who digest info by audio book, there are some amazing resources like "In Our Time" and "The Life Scientific" that can't be found anywhere else.

I usually have no idea what I am talking about either, but given this is rumination....

Reading around it seems a lot of analysts are taking the same approach. There is some debate around the velocity of Bitcoin (how many transactions in a year would a single unit account for). Interestingly many pundits are suggesting Bitcoin should be measured with a velocity of ten, which is similar to hard cash in many cases. Velocity of 10 * 21 million BTC asymptote gets 210million transactions per year or $3tn at current valuation.

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