If you are a true inventor it is a tap you
cannot turn off.
You would need a mechanism to catch that extra value and redistribute it to real R&D. I'm not saying its impossible, but it's not as easy as just saying lets do it.
I completely agree. However, I propose we put a serious damper on growth. Now, I know I cannot effectively or efficiently dictate how capital is allocated but we can do something almost as good. We can try to disassociate risk and reward.
It is my sincere beliefs that the inventions, the discoveries, and the creation of useful arts will take place sooner or later even without the motivation of the 100x gains. It might take a few years, decades, or centuries but we will get there. Yes, the plan requires a hint of central planning but I think it is acceptable.
The more I think about this the more I am convinced that an effective maximum yearly individual income is pivotal to the success of our society going forward. If adding the value of perks would amount to the annual maximum income would push someone over the maximum individual income then they should rightfully pay the correct income tax on the sum over the maximum income (which I tentatively set at 100 * 2000 * minimum wage per hour, it ought to be lower but we need to be pragmatic).
The reason we need to spend so much money on everything and we need 100x gains is that our enterprises have become too top heavy. The only "simple" way to curtail it that I can think of is to impose a maximum personal income (above which we tax away a large part, lets say 90% of the income). We can make it something more palatable. We have the ability to do it. We just need the will power to effect this tweak in the way our society rewards people.
> Meanwhile billionaire Larry Ellison leased his own aircraft to the company he runs for $1.5 million. (source http://www.bloomberg.com/news/articles/2014-05-02/ceos-take-... )
Now this idea isn't perfect. Right away I can think of a way people will try to game the system by "packing" the board of directors with nephews, nieces, children, grandchildren, butlers, and maids of the corporate officers. I don't have a solution to this yet but I am sure we can fix these bugs as we see them in production. The idea is to get the ball rolling and iterate as we go.
And how much more would we have gotten from Tesla if he hadn't been in financial ruins? He's probably proof positive that without the financial incentive/backing, the world loses out on countless inventions.
Even at the time, Tesla's greatest contributions were being simultaneously discovered by contemporaries like Galileo Ferraris. Discovery marches on, and is more a product of the existing body of scientific knowledge than of any one man.
There have been too many other great minds in physics and electrical engineering for it to be remotely plausible that we've missed out on "countless inventions" that would be available to us today, if only Tesla had more money for his experiments.
What seems to be the case is that they're shooting for slow incremental improvement, moving from less touchy areas to more touchy areas. They've gone from not talking about corruption to cracking down on it higher and higher up the ranks. It's a very slow sleigh of hand, with the distraction being economic growth, and various distinctly communist tasting programs (the current one should be 中国梦(Chinese Dream), if I recall correctly).
But their fear doesn't seem unjustified. There are still spontaneous uprisings which are usually nipped in the bud before they can escalate by means of information and communication monitoring. That's what they care about. Expats in China using VPNs? They don't give one.
Whilst I'm all for democracy, introducing it to China right now would work about as well as introducing it to the Middle East. Groups feeling under-represented would fraction off, there would likely be civil war, widespread devastation to one of the most populous countries of the world, and worst of all, whilst Iran getting nuclear weapons seems like a looming threat, China does have them. The sheer pandemonium would make Syria look like a backwater stand-off. I may be exaggerating, but then look at the bloodshed of the cultural revolution.
I grew up in Germany, so it's not like I'm opposed or unfamiliar with the idea of democracy, it's an incredible system. But for China right now? Well meant, but not practical. It'd be a less bloody affair to turn the US into a monarchy (to make a comparison). In 20 years, maybe, though it might take longer.
Thinking China can be fixed with a fair heaping of democracy and human rights ignores a lot of very significant details in a country that works contrary to a lot of accepted wisdom in the west.
/rant
PS: There's lots of interesting things going on here, playing churned lover with western ideals is literally the least interesting thing to talk about. The day before yesterday they announced changes to the Visa regimen, coming into effect in March. 72-hour visa free visit in 4 yangtze river cities, and some streamlining of visa/green card programs for tech people and entrepreneurs working in China. Maybe I should have chosen a less ironic user name, because this is starting to sound like a sales pitch.
The new visa regimes are interesting, but it hasn't seem to trickle down yet to us tech PhD people's. Really, China doesn't like foreigners, and they merely tolerate us, making us register at police stations after every trip, making us renew our visas yearly, not giving us access to the same services as natives.
The regulation I'm referring to seems like a pilot program in scope. It allows foreign students to work for and start tech businesses in the Zhongguancun area, as well as allowing people that have worked for 4 years or more for a technology company here to receive a residency permit. That's been exciting me the last 3-4 days since I heard of it, since I've been playing with the thought of doing exactly that.
It does feel like people well versed in technology are the bottleneck for startups over here. Investment is plenty, people with ideas are a RMB a dozen, but tech people knowing more than some PHP or how to set up Bootstrap? Not nearly as many, at least where I'm hanging out.
It's certainly an interesting couple of years ahead, as long as they keep tolerating us here.
It is not there yet but not much success is too negative imho. Looking at Apple and other western brands here I think it even went too far. Mao would not be happy.
Despite leaking state secrets, Snowden's life was never threatened by US officials. Yes, he's a whistleblower, but his actions are far more serious than developing software. Even then, US officials talk of imprisonment at worst.
http://www.foxnews.com/politics/2013/06/11/ron-paul-us-gover...
http://www.businessinsider.com/us-spies-talk-about-killing-s...
http://www.theguardian.com/world/2013/oct/03/edward-snowden-...
Your second link cites Buzzfeed as a source, and the Buzzfeed article[1] claims some unnamed low-level officials would like to kill Snowden. Yet these anonymously-quoted people also admit that they wouldn't do it unless they had approval from higher up. Pretty close, but still not a threat.
Your last link is about a retired government official making a joke in very poor taste.
None of these are actual threats, let alone by US officials. They're either idle musings, or bad jokes, or "I want to, but I'm not going to." I certainly don't agree with the people making these despicable statements, but they're qualitatively different from, "If you don't stop leaking state secrets, you will die."
1. http://www.buzzfeed.com/bennyjohnson/americas-spies-want-edw...
My sister's home town in Michigan says it's illegal to spit on the ground. America threatens jail time for possessing weed!
You mean kind like you're free to go wherever you want in prison, as long as you don't try to walk out of the door of your cell? :P
Here's a really sobering thought though:
> You can have a lot of political 'change' in the United States, but will it really change that much? Will it change the amount of money in someone’s bank account? Will it change contracts? Will it void contracts that already exist? And contracts on contracts? And contracts on contracts on contracts? Not really.
> So I say that free speech in many Western places is free not as a result of liberal circumstances but rather as a result of such intense fiscalization that it doesn’t matter what you say. The dominant elite doesn’t have to be scared of what people think, because a change in political view is not going to change whether they own their company or not; it is not going to change whether they own a piece of land or not. But China is still a political society, although it is rapidly heading toward a fiscalized society. And other societies, like Egypt, are still heavily politicized. Their rulers really do need to be concerned about what people think, so they expend proportionate efforts on controlling freedom of speech.
-- Julian Assange
"... Wang and her husband, human rights attorney Bao Longjun, were detained July 9 and accused of inciting subversion of state power. In early January, they were formally arrested, their lawyer told the New York Times on Jan. 13. The pair have been incommunicado since July, when they began languishing under “residential surveillance”—a status sometimes interpreted to be the equivalent of house arrest but that is actually akin to a “black jail.” There, detainees are held in solitary confinement and subjected to extreme interrogation, forced confessions and even torture. Family members, friends and colleagues have been denied access or even knowledge of their whereabouts.
In April 2015, three months before she disappeared, human rights lawyer Wang protested against expropriations of farmland and properties in Suzhou, northwest of Shanghai.
The arrests of Wang and Bao are just the tip of the iceberg. By mid-November, more than 300 people had been swept up in what human rights monitors describe as an unprecedented crackdown on Chinese lawyers. Those detained or questioned include not only some of the most active rights lawyers but also their support staff, associates and even family members. At least three have seen their children’s passports confiscated and their movements curtailed."
But again. They do things differently. There is unjust percsecution of Lawyers in China (I am not surprised). There are are unjust invasions of countries by "The West" (also, not surprised).
My point is, there is no moral superiority, just political agendas and sides to be chosen/avoided. I think reading news about china (especially if it's in english) is to realise that fact. (Same advice goes to chinese reading news about anything if it's in chinese ;) ).
Crying hypocracy is a substitute for an arguement.
When someone says "spreading human rights" they are appealing to a moral superiority. I'm pointing out there isn't one. But if the sand is comfortable by all means keep your head in there.
Topics like this are not black and white. It is just a waste of time (unless one is a politician making noises to get elected) talking about these topics without solid proof and even then it should be case by case basis, instead of broad generalizations.
Al Gore conceded the election. You can watch his speech on YouTube. If that's not a "win" for his opponent, I don't know what is.
In general I think it will accelerate humanity's technological progress. Looking on an individual level the most impactful inventors weren't motivated by monetary reward (e.g. Tesla). If you are a true inventor it is a tap you cannot turn off. If you are a bro who is in it for the money chances are you will not invent anything particularly ground breaking. The major concern here is that it's the bros who control the capital.