#HumanBrain: #dopamine
#ReinforcementLearning: #reward
#MachineLearning: (negative) #loss
#MarketEconomy: #currency
#Democracy: #votes
#Evolution: #fitness

#LearningAlgorithms are everywhere, and they all follows the same basic principle: Measure #quality in some way, and then #optimize that #metric.

Once you see it, you can't unsee it. We are all learning systems, embedded in learning systems, embedded in learning systems, and it is beautiful.

The more probable worst-case scenario:

"Even if the economic terror system can no longer be stopped in its process of destruction and self-destruction, the motto of Critical Theory still applies: don't let yourself be made stupid by your own powerlessness. Under the given circumstances, this can only mean to refuse any co-responsibility for "market economy and democracy", to do only "work-by-rule" and to sabotage the capitalist enterprise wherever possible." --- Schwarzbuch Kapitalismus, Robert Kurtz

#SchwarzbuchKapitalismus #BlackbookOfCapitalism #Capitalism #Wertkritik #CriticalTheory #MarketEconomy #Democracy #ClimatCrisis #ClimateCrisis #ClimateEmergency

New mass #poverty:

#Unicef also had to announce in 1997 that seven million children die each year before their fifth birthday as a result of malnutrition. No wonder that the U.S. does not find this organization very endearing and wants to get rid of it. Of course, not a single one of these children would have to die if they were not deprived of the necessary help by the "natural laws of the market economy".
--- Schwarzbuch des Kapitalismus, Robert Kurz

(Free translated)

#MarketEconomy #FreeTrade #Children #Starvation

But in reality, in both cases only 100 people obtained a smartphone. Using price to decrease effective demand does not necessarily mean that the need in aggregated demand is satisfied.

That's why it's important to compare economic systems based on their efficiency in satisfying aggregated demand for goods, rather than focusing on deficits and surpluses.

2/2 🧵

#MarketEconomy #PlannedEconomy #economics #socialism

Introduction à l'économie de marché. :shibacool:
#économie #economy #concurrence #competition #MarketEconomy

#Capitalism with no exploitation.
#Revolution with peaceful means, using bourgeois constitution & Parliamentarian path.
#Socialism without dictatorship of the proletarian class.
#Nationalism with internationalism.
#MarketEconomy in Socialism due local conditions.
#Oxymoron #hypocrisy

Good ol’ days: In Putin’s Russia, people increasingly identify with the Soviet Union
https://scroll.in/article/1021839/good-ol-days-in-putins-russia-people-increasingly-identify-with-the-soviet-union
#Russia
#ussr
#marketeconomy

A very interesting read. It's interesting to note that the biggest factor for identifying with erstwhile USSR, is the anti market sentiment. I think people who have suffered enough in the new market economy are realising the benefits of a socialist economy!

That #Aldi in the #UK now because of lack of #Lorry Drivers pays higher wages is a completely correct, even necessary mechanism in a #marketeconomy, keyword supply & demand and equilibrium-prices.
https://www.cityam.com/aldi-increases-drivers-pay-amid-labour-shortages/

See? Apart from countless #protectionist measures this is one of the reasons why #China is NOT a #marketeconomy and should not be treated as such by the #WTO.

No: #China is NOT a #marketeconomy. #Tencent changing the #SouthKorea-made #PUBG to a ideologically *clean* FPS with the #Orwell|ian name «Game for Peace» is just another example on how non-Chinese companies face regulatory hurdles that put them at disadvantage when competing with domestic offerings and the theft of #intellectualproperty issue when trying to do #business in China. https://www.reuters.com/article/us-tencent-games/tencent-pulls-blockbuster-game-pubg-in-china-launches-patriotic-alternative-idUSKCN1SE0CT?feedType=RSS&feedName=worldNews