Frederick Bott
3 min readAug 19, 2022

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Thanks for your valuable thoughts as always Indi, but I would beware of reading too much into the writings of Marx, clever as he was, he did not attach much of it to physical things, his idea of capital did not extend much to considering the physical energy implications, whiich is something we have to consider as Engineers, especially now in the presence of solar energy. This is something that didn't exist when Marx lived, although was imagined and even attempted by none other than Nikola Tesla. That is now a reality, and something that Tesla said about it, which was probably the real reason he was defunded by one JP Morgan, is that with free energy, had to come also free money.

It turns out this is true, because the economy as stands, with all money being issued on promises to pay, is not compatible with energy donated, only money reflecting extracted energy is issued, since every promise to pay is ultimately a promise to extract. But solar energy is not extracted, it is donated to us by an external source. Those Joules are additonal to all capital, so they dlute all capital.

Of course capitalists don't like the sound of that, they want to believe their hard earned stash will retain or even grow in value over time.

The only way money can reflect the Joules added from solar is for free money to be given to all people, which of course removes the point of having capital, and so removes all value from capital.

Why bother having savings, if we can have endless free money, with no labor needed in return?

We even saw this already in the US, when 4Tn per month was being issued, oil prices went negative, and the environment saw a brief spike of recovery, whilst the value of the dollar itself went up, and the kings of capital including gold and bitcoin languished, also bankrupt companies offering still loved product were rescued, by folk purchaseing their bankrupt shares using free money via the Robnhood app, the law was changed in the US to allow that to continue, and whale investors including Warren Buffet quit the markets, claiming "Something had gone wrong with money". The car hire company Hertz, and a stack of others, would be no longer with us, if that had not happened.

Now we might notice most companies who received stimulus are now struggling to retain profits, whilst still offering reasonable wages to workers, so almost all are failing, because the stimulus was stopped.

The banks and holders of capital right now are trying to convince us that money issued doesn't come for free, but we can see free energy coming in, so the money issuers are clearly lying, or very low brow, to be not seeing the connection between free energy and free money.

Either way, inflation is setting in for real now, since money is becoming increasingly less representative of valuable product which is solar energy, we are at more than 10% inflation now in UK, with the sky being the limit, and here I've explained the reason why in hard physical terms, but still no-one will take any notice until the inflation actually starts to hurt them personally, like when their capital has significantly reduced in value, the only chance that will be left to regain the value in currencies will be to issue them for free, as dictated by nature, honestly reflecting the valuable product of solar energy recived and put to use. Only then will we start to see any improvements in inflation.

Again either way, dead or alive, capital is finished, one way or another, its utility is ending, it seems to me, it can't survive in the energy rich light of the sun, donated to us for free.

We are moving, from capitalism, to energyism, driven by nature, it seems to me.

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Frederick Bott
Frederick Bott

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