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Author Topic: What drives development?  (Read 907 times)

Calach Pfeffer

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What drives development?
« on: April 13, 2017, 11:34:18 PM »
This is probably a tone deaf analysis, but material development is messy. The same way a factory will kill you sooner than a forest, material development fucks up the landscape, shortens people's live wholescale, enriches some, provides lots of material goods for most, and basically just lurches so far ahead of extant social institutions that people end up doing, saying, and living weirdly stressed out, messed up lives. You'd think, maybe, eventually, enough would be enough. But no, nations bubble up out of the mud and surround themselves with skyscrapers and black haze. wtf?
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Tree

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Re: What drives development?
« Reply #1 on: April 14, 2017, 01:13:07 AM »
Which in turn, provides the society with enough resources and efficiency to achieve goals, so it boils down to human value systems in the end.
The greatest and most important problems of life are all in a certain sense insoluble. They can never be solved, but only outgrown.
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Calach Pfeffer

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Re: What drives development?
« Reply #2 on: April 14, 2017, 01:49:41 AM »
Well I hope not because that makes China look like ass. Broadly, and without much insight into actual historical conditions, China's "development" is so much more acquisitive than it is innovative. This ain't no Industrial Revolution here. Science and technology is not going through any kind of shakeup. The whole process is so very like simple materials transfer (on a tremendous scale) that, like, what drives it? Getting stuff so you can... have stuff?

Is there any sophistication to Chinese development? Because if there isn't, there's no really good reason for thinking the extant value systems will meld anything less than uncomfortably with the level of actual material content. (And frankly, I think that is what we do see - peasants in cars, cookie cutter cities, "parks" that can't sustain even grass... the people who make these things have all the big tools and none of the little ones.)
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Granny Mae

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Re: What drives development?
« Reply #3 on: April 14, 2017, 09:33:09 PM »
To answer your question simply; "MONEY"!

Calach Pfeffer

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Re: What drives development?
« Reply #4 on: April 15, 2017, 01:42:00 AM »
 ahahahahah probably true.

At least in terms of the very small amount of history I know, the Industrial revolution was about money and some idealism. Industrialisation allowed some owners to become very rich; and a burgeoning idealised scientific method allowed industrialisation to proceed, both in terms of technology and organization (because of things like studying factory workers and trying to determine optimum conditions for production).

China's "development" thought... there's money in controlling (ie importing and deploying) the technological means of production, and there's idealism in... the Party?
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cruisemonkey

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Re: What drives development?
« Reply #5 on: April 15, 2017, 08:15:40 AM »
Here in China, the government told the banks to lend money to developers and they did... billions and billions... and continue to. When I moved here there were no high rise apartments/condos. Now, from the campus I can see hundreds of them. Probably 70% are bought on spec and will remain empty... as they fall apart. The question is when will the bubble burst?
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Calach Pfeffer

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Re: What drives development?
« Reply #6 on: April 16, 2017, 02:23:08 AM »
A while back I discovered there'd been a building boom in this little burg. In the city center, obviously, but on the outskirts as well. Rows and ranks and whole parks of apartment buildings, ten and more stories high. And by the look of them, largely empty. (Occupied apartments stood out because of obvious wear, like bars on the windows, actual windows, and of course, hanging laundry.) I decided to start counting. Ballpark figure right now? I'd say 10,000 unoccupied apartments. For a while I considered this to be urban development, as in people were going to move in to these areas, they'd become more like suburbs, and businesses that supported such lifestyles would start to appear. (I even said as much to students, imagining I was letting them in on a secret that would help them choose how to work.) I suppose it could still happen like that, but the scale, man...

The other thing is it's kind of bizarre to be putting up high intensity urban living buildings in vastly vacant areas. Why plan pack people in like that? (I know, I know - there was no plan, but still....)
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cruisemonkey

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Re: What drives development?
« Reply #7 on: April 16, 2017, 03:22:21 AM »
The other thing is it's kind of bizarre to be putting up high intensity urban living buildings in vastly vacant areas. Why plan pack people in like that? (I know, I know - there was no plan, but still....)

Granny Mae told you - Money!

People are getting rich... on paper. But, it's only a matter of time until it all goes 'Poof'... and they have nothing.
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Escaped Lunatic

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Re: What drives development?
« Reply #8 on: April 17, 2017, 12:17:26 AM »
It's the same pattern which has been repeated in many countries.  Industrialized development creates much larger amounts of wealth than agriculture.  Those who want to move off the farm are pleased and will give up anything (including clean air) to get it.  Eventually, people realize that no amount of money can compensate for the damage the pollution is causing, so things slowly get cleaned up.

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Calach Pfeffer

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Re: What drives development?
« Reply #9 on: April 17, 2017, 02:27:45 AM »
So...  the people drive development?

First stage: the robber barons; Second stage: the middle classes who might riot if they can't breath any more?
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Granny Mae

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Re: What drives development?
« Reply #10 on: April 17, 2017, 09:51:27 PM »
My observations are that "things get cleaned up", so that people can continue to live and make money to afford to eat etc. After the basics are met, people then look to their perceptions of a "better" lifestyle which requires money in the final analysis. bjbjbjbjbj

Escaped Lunatic

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Re: What drives development?
« Reply #11 on: April 18, 2017, 04:55:45 AM »
So...  the people drive development?

First stage: the robber barons; Second stage: the middle classes who might riot if they can't breath any more?

First stage - to various degrees. ahahahahah
Second stage - middle and upper class demand better environment.  Complaints usually start lower down (lower middle class quite often), but move up over the span of a few years.
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Tree

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Re: What drives development?
« Reply #12 on: April 19, 2017, 06:32:18 AM »
Building high rises keeps unemployment low, provides an outlet for the country's over-capacity of concrete and steel, thus boosts GDP. This is the main driver of that vaunted "6.X%" growth. Keynesian economics 101. It's either a) the only way to grow an economy or b) follows the same pattern as an alcoholic - just keep going. Depends on your priors.
The greatest and most important problems of life are all in a certain sense insoluble. They can never be solved, but only outgrown.
- Jung

Escaped Lunatic

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Re: What drives development?
« Reply #13 on: May 01, 2017, 03:30:47 AM »
And when those highrises are full of empty apartments and offices being saved as investments and the money spent to buy them goes to building more buildings which will be purchased only to remain empty, just remember - despite years of unprecedented real-estate price increases, there is no bubble.  Prices can only go up.  Put all your money in as soon as possible. uuuuuuuuuu
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Tree

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Re: What drives development?
« Reply #14 on: May 02, 2017, 05:08:20 AM »
Right.

People's beliefs influence aggregate demand - the trick is to get out 1 minute before the collapse and not a moment sooner. Financial chicken, or perhaps musical chairs. Gotta get while the getting is good.

However, the Chinese ability to undertake massive unilateral policies may help them absorb some of the damage - an option not available in the west. Just gotta find something to do with all those unemployed people. Methinks huge green energy infrastructure projects can help soften the blow, and we are seeing the beginning of that now.
The greatest and most important problems of life are all in a certain sense insoluble. They can never be solved, but only outgrown.
- Jung