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Schtreaky's avatar

These studies are perverse, "historical judgement" and logic(!?) notwithstanding. It's not just economists who think like this. The same cold-blooded calculations have been used for centuries by oppressors when planning to exterminate people to steal their land and resources. The of use of graphs and spreadsheets just makes it all seem more logical.

Classifying the survivors of a holocaust by their occupations may have given Truppner the data he needed to create his report, but it reeks of survivalist capitalism. His assumption is that if enough (capital) property and people (workers) can survive the blast then the local economy will reemerge; and maybe wealthier than before!

Why look for one's profession in Truppner's lists? You really think there will be an immediate need for professors (you) or graphic designers (me) in the aftermath? You and Truppner don't consider that besides the physical losses in some categories there will be exponential increases in others. I did a search of his report and found no data for scavengers and gravediggers; however, there was a listing for "Engravers ... ." LOL

Finally, a modest proposal: workers who do "not have transferable skills" may be useful as a food source.

Robin Smith's avatar

Truppner is talking about economic value, not subjective value. That is, what is something worth, in exchange. But he also errors by looking at real estate selling price rather than land rental value. Yet he does get it perfectly correct that the value of land - its economic rent, is the best measure of the state of an economy in that time and place. It matters little, economically, about anything else if you are trying to measure its value...economically.

Of course there are other values to be considered. But which ones in this scenario will be considered first? It will be the ones that can get you the most water, food and shelter and a stock of reserves for the future. That, is how all people will be thinking and acting will it not? And that value is measured in RENT. Just as it is today in peacetime.

I concur with you that relying on a professor of economics is a mugs game. They are always and always will be devoted to their 'Lord' feeding them and maintaining their incomes in rent. And this might be why Truppner has 'accidentally' forgotten about the one thing all economists agree on - rent. Because its an embarrassingly selfish activity for all people in times of peace and war equally.

So it is not the "properties" that matter post burst. It is the land rental value. As it always has been in the past, as it will be after the bang and as it always will be, forever.

The term 'wealth' also raises its head and as usual prior to anyone defining what they mean by the term. And then going onto to use the identical term with different meanings within the next few sentences. People think this is not important. But are we trying to decide what is actually happening or not?

When he state "we must protect property" surely he means we must increase its value as soon a possible. This is not greed. It is because that is how people recover the most quickly. Speaking sentimentally about greed will soon seen you shot dead post nuclear attack. This is not nice I agree. It will happen.

Its hard to consider the possibility that whatever happens, RENT IS ALL. Even Mr. Musk is not that bothered about data centres in space. He wants the rent from those operating the centres - his tenants. I reckon. Maybe I'm being too harsh on the man. Many are way too harsh on him already, especially the rent seekers themselves. But do you remember how rail expanded out west in the young United States and those who owned a piece of desert one day next to the stop, where millionaires the next? And look to the chattel slaves in the southern states - were they better off as slaves in the cotton fields or tenants with their freedom? Harsh, yet true. I digress.

It is not "a horrifying" analysis. It is how things happen today during peace time. Te same will happen after a bomb. Only the scale of it changes.

This is an interesting post. Because it talks again about how all people are again trying to cover up their complicity in the kind of activity - that might lead indirectly but with great force, to nuclear war. But will never confess to it for obvious reason in the eyes of society.

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