Showing posts with label politics. resources. Show all posts
Showing posts with label politics. resources. Show all posts

27 May 2026

Zelensky Wants America's Remaining Patriot and THAAD Missiles

 Between the Ukraine and Iran wars the United States government spent the majority of its normal stockpile of anti-missiles defense missiles. There is just 45% of the dwindling stockpile of Patriots and 20% of THAADS remaining; one to four  are required to build replacements. Ukraine martial law President Zelensky wants those remaining missiles to shoot at Russian missiles. It would be better if he would just sign off on peace with Russia, resign and go live some place on the south of France.

 "Out of prewar inventories, remaining stockpiles are estimated at 900 to 1,270 Patriot missiles and 70 to 170 THAAD missiles."-AI overview

Depleting America's anti-missile defense capability to a substantial degree in order to fund a superfluous protracted war of N.A.T.O. expansion and hegemony is not intelligent. Obviously the Democrats would be too happy to fund the Ukraine boondoggle. The 'reasoning' goes; Patriots only cost 4 million each and THAADs 15 million- a drop in the bucket of the U.S. public debt of 40 trillion.

https://www.aol.com/articles/zelenskyy-pushes-u-more-patriot-172509034.html

14 March 2025

Misallocation of Resources in Developing Economies Like India and China

 I read of the history of the Soviet Union in a college course. In my opinion Marxism-Leninism was a revolutionary philosophy best suited for revolting against royalty and rich oppressors. it was rather historically backward looking at least to Americans for they had revolted against aristocracy a century and a half before the Bolsheviks and without socialism. Is socialism or Marxism relevant to India today? Can axiology of the political economy and fiscal policy of the west be upgraded to include ecospheric sustainability?

India also needed to revolt against royalty and an oppressive foreign class transformation of the Chinese economy from communism to a market basis since 1978. One salient fact mentioned was that the U.S.A. has the least misallocation of resources compared to China finishing second and India third. India does have an official mention that it is a socialist state in the constitution, and unfortunately, Time has shown that state owned enterprises tend to be very inefficient.

The primary sector is the least productive per worker output-agriculture and of course India has less industrialization that China. India has structural reforms they need go through and perhaps they can find a way to accomplish industrialization even as the artificial intelligence and robot revolutions take over much of industrialization for India.

Socialism was based on economics that are quite obsolete with modern technology. China has shown the inefficiency of communal farms comparatively and took a somewhat different course to market economics with its different history position and challenges yet it obviously is getting there. New adaptations of political economy that has a good basic income fo all citizens as a social insurance policy probably will have an effect of increasing individual efficiency when robots and AI take over many jobs. At some point ahead economics may be an easier part of human culture and capital will be minimally sufficient for everyone to live, invent and create. If everyone was invested in the stock market would that make a socialist society? Economists probably concern themselves with allocating resources in the most efficient way possible to increase the productivity of a society, and that way isn’t socialism.