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Recent progress in technology has put an ideal future well within the reach of mankind.
That is, if we can find the will and intelligence to properly accelerate and deploy these newly developed capabilities.
The technologies involved include (but are not limited to) Nanotech, Biotech, Infotech, and one you will be hearing more about, Cogtech. We now have an unprecedented command of nature and natural resources.
What then prevents us from moving into the utopia this should imply?
First, we can (and will) nitpick the meaning of utopia almost indefinitely. Second, we do not have the ability to evaluate and allocate resources as needed to achieve this goal. (This is primarily an economic structure problem, which we will discuss shortly.)
Third is greed, which prevents us from postponing near term gratification for the longer term benefit of all. And, all must include the entire world population. That’s a long way to go.
But if we don’t take this approach, suffering and strife will continue indefinitely.
Economics 101 – In order for capitalism to do the job it is designed to do (allocate resources optimally), two things are essential. First and foremost goods and services must be fairly and rationally valued as to both their present and future importance to humanity.
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