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Physical Economics is an essay I wrote in around 2018.  It was an important learning process for me and a step towards the work of Deutsch and Popper.  I'm grateful to you for reading it and even more so if you'd care to leave a comment below - 

Physical Economcs

Truth emerges more readily from error than from confusion - Francis Bacon

Aims

 

 

Primary Aim: Socio-economic

The Primary Aim: to establish the definitions of Wealth and Progress according to Physical Economics as the most consistent and reliable measure.

Subsidiary aims:

 

Political

The First Subsidiary: to establish a new dialectical analysis of society based on individualism V collectivism.

Spiritual

The Second Subsidiary:- To reverse entropy – the superordinate of all values, morality and ethics.

Comment on Aims

The Primary Aim is central and integral to Physical Economics.

The two subsidiary aims are matters entirely of personal preference and can be disregarded and omitted according to individual choice.

Part One
 

The human brain is most complex object in the known universe. This could

turn out to be wrong but it is so according to the current state of knowledge.

 

The human brain is reckoned to be the most complex object in the known universe. The hairless, naked, unarmed, slow and weak species of primate probably survived its genesis only because of its intelligence, which may have come about merely as an accident of nature, merely the result of peculiar and excessive genetic mutations.

It may also be incorrect. There may be objects on faraway worlds far, far more complex than the human brain. But according to the current state of knowledge by our species on this planet, the human brain is the most complex object in the known universe.

Whether this is by design or simply a freak of nature, the functions of the human brain offer us a definition of human beings as distinct from other known animals on planet Earth. Whether by design or by accident this definition of human beings, through incorporation of the laws of thermodynamics, provides us with a

comprehensive philosophical view of our existence and potential.

Part Two

 

A definition of human beings incorporating the

laws of thermodynamics. Entropy. Prometheus.

Human beings are the species of animal that, through technology produced by the interaction of its intelligence and its environment, increases the quantity of energy and mass that it converts from one form to another. Economic activity results from this.

It may be as Jing Chen (2005; 2008) theorises, that the purpose of this is to reduce entropy and that the human mind has evolved for this very purpose. It may be that myths like that of Prometheus contained a primitive insight into this phenomenon. It may be that this definition is incorrect and insignificant. It may be that this definition is correct but insignificant in the grand scheme of all things.

The claim of Physical Economics is that, in accordance with the current state of knowledge it is plausible and it is the best theory available. Furthermore, the definition of human beings according to Physical Economics is also the definition of Progress and of Wealth, denoting that humanity is destined to progress.

Part Three

A Definition of Progress according to Physical Economics. A Definition of Wealth

according to Physical Economics. The law of conservation of energy. Other definitions of

Progress. The limits of human progress and the total energy in the universe.

According to the law of conservation of energy: energy cannot be created, only transformed or transferred from one form to another. According to Physical Economics: Progress is the increase in the amount of energy humanity converts from one form into another.

There are other valid definitions of Progress. Amongst others, Stephen Pinker (2017) has described several methods of measuring progress, all of which are reasonable, credible and valid. These include a reduction in war deaths per capita, the overall trend of democratisation, the decline in homicides over the world, life expectancy, reduction in extreme poverty, environmental improvement, economic growth, protection of the planet from exploitation, the amount of carbon released into the atmosphere per dollar of GDP and of course rises in GDP itself.

The claim here is that the definition of Progress offered by Physical Economics is the most consistent and reliable measure of all. Physical Economics is not a prescriptive ideology. The limits of progress are merely considered and the possibilities acknowledged.

Nonetheless, there is a valid question: whether, at the dawn of the space age, as humanity continues to increase the amount of energy it converts into different forms through technology conceived by the most complex object in the universe, if it is indeed too fanciful to ask what the limit to the amount of energy that passes through human technology will be.

Nikolai Kardashev’s Scale, as described by A.S. Deller (2018) provides some perspective.

The Kardashev Scale

In 1964, Russian astrophysicist Nikolai Kardashev, who had been searching for evidence of potential intelligence in cosmic signals, devised a scale by which we might measure the levels of technological advancement such civilisations might display. This came to be known as, rightly, the Kardashev Scale, and it breaks technological civilisations down into 3 main groups, based on how much energy the society has access to use:

Type I (¹⁰¹⁶W), Type II (¹⁰²⁶W), and Type III (¹⁰³⁶W).

Since 1964, some astronomers have added Type IV (¹⁰⁴⁶W) and Type V (basically infinite energy access).

It is important to understand where the scale officially begins, with Type I: The amount of energy available to this civilisation equates to all of the radiant energy that can be harnessed from its nearest star. In our current state on Earth, where we utilize fossil fuels and have barely scratched the surface when it comes to the possibilities of solar, geothermal, nuclear and other sources, we are still what might be called a “Type 0” civilisation. It could take a couple of centuries for us to get close to being a Type I.

 

A Type II civilisation can harness ALL of the energy available from a star, not just radiant energy. A civilisation at this level might encompass a sun with a Dyson sphere to collect every bit of heat and light it outputs, and might also have a mastery of fusion and be able to create a power source that is nearly star-level on its own.

 

Type III, being able to control energies of stars, would be so advanced that they would likely be in the process of galactic colonisation, and given enough time (read: millions of years, perhaps longer) eventually be able to harness the energy of their entire galaxy.

Types IV and V were considered too fanciful by Kardashev himself, taking the harnessing of energy to the universal and then all-potential-universes levels.

If going from Type 0 to Type I takes a civilization roughly 500 years (starting with the beginnings of our industrial use of fossil fuels), then the growth from Type I to Type II might take another 1000 years, and from Type II to Type III, another several thousand years would be expected before any appreciable amount of galactic colonisation might be occurring.

Kardashev may have considered humanity harnessing the energy of the entire

universe and all potential universes through its technology to be fanciful. Yet he

must have considered it. Max Tegmark (2014) writes that, by - 

- measuring the geometry of universe-sized triangles, Einstein’s theory has let us infer the total amount of mass in our Universe. Remarkably, the atoms that were thought to be the building blocks of everything were found to make up only 4% of this mass, leaving 96% unexplained”. Furthermore, as “far as we currently know, our Universe contains about 1011 galaxies, 102 stars, 1080 protons and 1089 photons (particles of light).

For some, there is a powerful need to believe in meaning in the universe and that there will be a teleological occurrence to satisfy this. Others have no need to believe that humanity has a destiny. Physical Economics does not argue that humanity will one day conquer the universe and harness the entirety of its energy. Nor does it deny the possibility of destiny. However, to prevent humanity from harnessing the total energy of the universe and then all potential universes, the trajectory of our energy usage will need to encounter insurmountable barriers.

Part Four

A worldview. Material dialectics was the core of left wing logic. Dialectics. The Culture War.

A definition of Wealth coincident with Progress. Physical Constants. GDP.

E=mc2 and the space-time continuum as dialectics.

Whatever one’s feeling about the limits of human potential, Physical Economics can be placed within the core of a philosophical worldview. In this era of incoherent political discourse, Physical Economics offers a rational, science based, framework for understanding the world.

 

The dichotomy of the past century and a half of left-wing versus right-wing politics has broken down. Pure market economics do not form the basis of any nation’s political system. Capitalist states constantly involve themselves in market activity, not least during the 2008 credit crisis when the US government provided hundreds of billions of dollars to rescue prominent financial firms. Moreover, despite the wealth gap and poverty in the world’s most successful capitalist country, which creates resentment and crime, much the world’s working class obtains a living standard unimagined by the middle class just decades years ago, as the established definitions of social classes no longer reflect reality.

On the left, the term dialectical materialism has evaporated from socialist discourse. This is of immense significance because dialectical materialism formed the core of socialist rationale. Karl Marx’s greatest achievement was his theory of dialectical materialism, which inserted a rational core into socialism. Prior to Marx, socialists like Saint Simone and Robert Owen were in essence religious; 'utopian socialists' as Marx called them, as opposed to his own ‘scientific socialism’. Simone’s ‘New Christianity’ and Owen’s spiritualism need not be derided. But they should be acknowledged as non-scientific motivations for their socialism. What we have witnessed in recent decades is the hollowing out of socialist logic as dialectical materialism has more or less entirely evaporated from socialist discourse.

The result is The Culture War; with an incoherent, dogmatic and quasi-religious left claiming the moral high ground by campaigning to raise the status of the world's victims, blaming all injustice on capitalism and arguing only on moral/ethical issues with no rational cohesion. While those on what is termed the ‘right’ default to traditional religions and national identities, which, though providing a spiritual raison d’être capable of warding off the psychological and existential crisis that the left’s incoherent outrage fails to contend with, also lacks a scientific core.

The Definition of Wealth

Physical Economics provides a scientific method by which a nation’s or a state’s wealth can be measured according to the following definition of wealth: Wealth is equal to the amount of energy that can be transformed from one form into another. This is also the most significant measure of Progress.

Energy cannot be created or destroyed, only transformed from one form to another. This is what we do: from the most basic biological functions to our most advanced technology we transform energy and matter from one form into another. Moreover, there is a finite amount of energy in the universe, all of which was created at the time of the Big Bang. Thus there is a consistent standard against which to measure an economy.

Determining the value of an economy primarily by the amount of energy transformed from one form into another within that economy is a major undertaking. However, it will provide a definition that is clear and constant for

economists to measure and it will be more accurate than all other measurements. It will require physicists and economists working together for a substantial period of time. Ultimately, it will contribute to the unification of

science, economics and philosophy.

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Imagine a single human living alone on planet Earth. He owns nothing, no property, no wealth, no technology, no energy and no matter beyond his own body. He becomes hungry and catches a fish with his bare hands. He now owns a stock of energy and matter that will keep him alive; in other words, he has some wealth. The wealth he owns can be measured in relation to the entire wealth of the universe, the total mass and energy in existence. This could be refined to the amount of energy that his metabolism can release for the purpose of living but essentially the energy of the fish relative to the energy of the universe is his wealth.

Now imagine that he is not alone but belongs to a simple, primitive, village society. He has become good at catching fish with his bare hands and he takes some fish to the village to trade for other goods. The process of negotiation will not necessarily yield an exchange of equal energy or wealth to the fish. The invention of money provides some measurement towards equality but trade is of course always imprecise and dependent on innumerable variables, not only market demand but psychological values of art and prestige. However, the

essence of the trade is the exchange of equal energy.

In that village they develop skills and technology. They catch dozens of fish a day because of improved fishing technology. They are a more advanced society than 6the man alone. Through their technology they are able to own more wealth, to convert more energy and matter from one form into another than the simplest human society, the lone human being.

Each individual owns a portion of the wealth of the village. That may be an equal portion if it’s some egalitarian society or whatever they’ve managed to obtain through their own efforts such as fish catching and through trading with other members of the village society. So we have two measures: the measure of the entire village’s wealth and the measure of each individual’s wealth. The measure of each individual’s wealth can be measured relative to ‘wealth’ of the entire universe; the amount of energy within it and also relative to the wealth of the whole village society.

In the village, the chief will probably own more than others. There might be slaves and some kind of class system. Whatever the society’s structure, there’s more to simply trading products and services, as we know. What the exact reason behind the human desire for art and objects of beauty can only be surmised. But we know that adornments matter. Modern and ancient buildings attract people to cities and they bring with them wealth. On an individual level this might also be the motivation for wearing jewellery and expensive clothes. Buying expensive clothes and adornments can be said to have a social value in that how we present ourselves to society may well result in improved opportunities for obtaining wealth through social interaction. There is also a kind of religious impulse attached to objects, which raises their wealth far beyond their practical value of how much energy can be extracted from them. So these kinds of objects can be seen as anomalous to the theory in one sense.

The Great Barrier Reef is that kind of anomaly. It has no practical value like a coalfield or oil reservoir. But it attracts tourists to Australia bringing wealth and it forms part of the Australian national identity. So in another sense the Great Barrier Reef, like an expensive piece of jewellery or an art collection or even owning a football club, falls intrinsically within the theory of Physical Economics if it is viewed as a way of obtaining wealth, however indirectly.

Measuring the precise value of an art collection or a piece of jewellery relative to the entire mass of the universe cannot be exact due to the complexities of the psychology of social status and other innumerable variables. But Physical Economics will provide the clearest measure of wealth when the exchange value of such adornments is considered similarly to the energy value of a fish.

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From a simple, primitive society to the economies in the world today, technology is the main driver of historical progress. Technologies, from fishing equipment to the most advanced energy harnessing constructions, all work towards the same end: the transformation of ever more energy and matter from one form to another.

The greatest distinction between a primitive society and a modern is the amount of energy that is transformed. The greatest distinction between contemporary economies and future economies will be the amount of energy transformed. There are of course countless other distinctions but this is the clearest and most

consistent measure. This is the claim made by Physical Economics.

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A study by J.P. Morgan in 2012 (Nye) charts the relative GDPs of China, India, Japan, Russia, Italy, Spain, the UK, France and the USA. Population, economic output, the enormous impact of the Industrial Revolution and the relationship between various nations are amongst the topics discussed. China and India’s proportion of the world’s GDP, from around 30% and 40% respectively at the time of Jesus’ birth to less than 10% each in the mid-20th Century are graphically demonstrated along with China’s recent increased proportion and the USA’s huge share. The methodology is not stated in this article and although the claim of Physical Economics, if put into practice, would not necessarily find a discrepancy with J.P. Morgan’s analysis and could likewise only reveal estimates of relative GDPs, it would be a superior method.

To estimate the GDP of a nation at any stage in history, the entire sum of energy usage will have to be calculated, rather than, for example, salaries. This measure explains how and why Europe eclipsed China and India, whose combined GDPs constituted 70% of the world’s until the 19th Century (En.wikipedia.org, 2019).

There are two measurement methods of GDP described by Thangavelu (2019): “The total consumer spending on goods and services, investments made by businesses, government spending and net exports” and the total national income, including: wages, rent interest returns and profits. The income approach adds: taxes, depreciation, and the net of foreign payments made to Americans versus U.S. payments made to foreigners.” These methods provide “a measure of the monetary value of the goods and services it produces in a specific year”.  However, they do not provide a definition of money itself so the measurement is relative only to the monetary value of goods and services in other economies. Physical Economics leads to a conceptual shift in defining what money is.

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Physical Constants

Physical Economics provides a measurement of Wealth, of Money and of Progress in similar fashion to measurements of distance and weight. In 1960 the metre was redefined in terms of the wavelength of light from a specified source, making it derivable from nature. In 2018 the kilogram was also redefined making its official weight wholly derivable from nature.

In the basement of the Bureau International des Poids et Measures, Paris, is a small, platinum and iridium cylinder weighing exactly one kilogram. It was crafted in 1889 and ever since has served as the standard by which all other kilograms are measured. It is known as ‘le grand K’.

In 2018 this measurement system was replaced. John Pratt, chief of quantum measurement at the National Institute of Standards and Technology, which oversees weights and measures in the United States recently commented, “we could switch from a 19th-century definition of mass to a more 21st- or 22nd- century definition of mass. We could get it based on an idea more than an object. And that’s just beautiful, and I’m proud of our species for getting to this place” (Kaplan 2017).

The metre, the second, the ampere, the kelvin, the mole, the candela and the kilogram are all derivable from nature according to physical constants. The 2018 General Conference on Weights and Measures redefined the kilogram based on Planck’s constant. Planck’s constant was recently calculated to be: 6.626069934X10-34kg.m2/s. However, the monetary value of the product cannot be fixed by anything.

Physical Economics likewise updates the definition of money and progress in relation to a constant: the total energy/mass within the universe. This will be an estimation, which, like the accuracy of Planck’s constant, will no doubt need to be more precisely calculated. However, if there is a finite amount of energy and mass in the universe, then it is a constant and this constant is the total wealth of the universe. The wealth of any economy in the universe, whether the entire world, a group of nations, a single nation or state, a city, a commercial company

or an individual human being, is a proportion of the entire wealth of the universe.

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We can now see several relationships of wealth: a single human being’s wealth relative to a society; a single human being’s wealth relative to the entire wealth of the universe; a society’s wealth relative to the universe and the relationships of wealth between individuals, companies and states all defined by Physical Economics. We can also see the relationships between the wealth of historical periods as defined by Physical Economics, and we can note that it is essentially technology that increases wealth. It is through technology that the amount of

energy that humanity converts from one form to another increases. Although technology can be used to refine and increase energy efficiency it is still the means by which progress occurs. Thus, an economy’s wealth is very much defined by its technological advance relative to other economies.

Likewise, as the entire GDP of humanity increases, its wealth relative to the entirety of the wealth of the universe will be its most precise measure. It is also the main measure and definition of human progress. Such a view inevitably veers towards speculation about the possible teleology of the universe itself. This is so because, according to the laws of thermodynamics, energy and matter cannot be created or destroyed and because there is a finite amount of each in the universe. Marx and Engels attempted to incorporate thermodynamics into an economic system yet were concerned by the religious or teleological implications (Foster and Burkett 2008).

While Marx rejected the ontological principle of dialectics, Engels did not and saw in nature evidence to support the three laws of dialectics:

  1. The law of the transformation of quantity into quality.

  2. The law of the interpenetration of opposites (unity of opposites)

  3. The law of the negation of the negation.

Engels provides a number of examples of the application of these laws. These examples are drawn more or less exclusively from natural science, reflecting Engels’s bias towards traditional materialism. For Engels the law of the transformation of quantity into quality, this law ‘of nature discovered by Hegel celebrates its most important triumph’ in chemistry. If, as Engels suggests, we look at the atomic composition of carbon compounds and the effect of quantitative changes in this composition the evidence appears quite convincing. Simple numerical changes in the numbers of carbon atoms and hydrogen atoms combined with one another produce vastly different substances, ranging from the gas methane (CH4) to the solid body hexadecane (C16 H34). Equally the behaviour of magnets and the relationship of pole in the transmission of electricity appears to confirm the second law of the interpenetration of opposites. Engels draws on mathematics to confirm the validity of the third law of the negation of the negation. In algebra by multiplying two minus qualities e.g. –a by –a, we obtain a positive quantity +a2. Proof of the same law can be found, Engels thinks, in differential calculus where two quantities are made ‘so infinitely small that in comparison with any real quantity, however, small, they disappear’.

(Williams 1989 .211-212)

Had Engels lived to learn of Einstein’s equation E=mc2, he might have seen it as further evidence of the dialectical nature of the universe (likewise, the space- time continuum). Although Marx himself did not believe in the significance of dialectics in a cosmic sense, Engels and many other socialists did. Current political discourse generally is anachronistic. As science has advanced, political discourse has become entrenched in out-of-date analyses with a lexicon that cannot describe the societies and economics of the world today. This lack of logical analyses is symptomatic of the corruption of ideology into identity politics.

Neither dialectical materialism nor market economics are 'correct' theories. The point is that dialectics formed the logical core of socialism, while the rational cohesion of market economics once formed the core of the right wing thought. Physical Economics does not prescribe a belief in market economics or dialectics of any sort. The  theories of Heraclitus, Spinoza, Hegel and Marx may be admired for their intellectual force but not esteemed or even valued. Physical Economics is primarily a way of defining Wealth and Progress that can provide reason and

order to philosophical and political discourse.

Part Five

Progress. Fear of others. Existential crisis,

Worldviews, Ideologies and Religion. Prometheus.

The modern left is fear-driven. Not by the issues it purports to support within its intersectional bundle of victim claims, but by an existential crisis. Seeking meaning after the long death of socialism, its hysteria is a cry for  religion, for an ideology or a coherent worldview. The traditional right, being of the same species, is motivated by the same impulse: the religious impulse, and seeks the more conservative refuges like religion and national identity.

Both are motivated by the fear of evil that they recognise in themselves through its reflection in others. Despite  the intrinsic and intricate relations between the two, the desire for social status is stronger than the desire even for wealth, as social status affords protection from others. Yet, the surest way of obtaining social status is through the accumulation of wealth. Prometheus has revealed the gods’ secret and we will continue to progress and to create wealth; nothing will prevent this. The human ability to create more and more wealth coupled with fear of others, leads us to seek ever more wealth and status in the name of security. Two dialectics are at play here for those who wish to accept the connotations: The relation between wealth and social status and the relation between the individual and the collective.

Physical Economics does not provide religious security and it is not an ideology. Physical Economics is merely the best theory of Wealth and Progress available according to the current state of knowledge. It can form the logical core of a worldview but it is not necessarily a worldview. The choice comes down to the individual.

Humanity may not overcome the barriers to controlling all the energy in the entire universe. Yet the logic remains: We are already on a trajectory of converting more and more energy and mass from one form into another; we have begun space travel; the human brain is the most complex object in the known universe. Thus, the possibility that human existence will have relevance beyond this planet is real.

Whether an individual or a collective chooses to value this reality or considers it too fanciful does not reduce the potential of Physical Economics to elevate discourse above the chaos of the Culture War with its definitions of Wealth and Progress. Moreover, it is important to recognise that this is a choice or rather, a wager of faith.

Part Six

Constant doubt. The religious need. Macbeth and Pozzo. Wagers of faith or an insurance policy. Pascal and Marx. The choices of belief versus nihilism and nihilism versus sacrifice. The suicidal, the psychotic and the need for religion. Individualism and collectivism.

 

Rational modern humanity, both individually and collectively, must live with constant doubt; there is no opportunity for certainty. There is no choice. Yet living without some form of religion, whether we call it a worldview, an ideology or a philosophy is near impossible. As Camille Paglia (Lehmann 2018) writes

… if religion is erased, something must be put in its place. Belief systems are intrinsic to human intelligence and survival. They “frame” the flux of primary experience, which would otherwise flood the mind.

But politics cannot fill the gap.  Society, with which Marxism is obsessed, is only a fragment of the totality of life. As I have written, Marxism has no metaphysics: it cannot even detect, much less comprehend, the enormity of the universe and the operations of nature. Those who invest all of their spiritual energies in politics will reap the whirlwind. The evidence is all around us—the paroxysms of inchoate, infantile rage suffered by those who have turned fallible politicians into saviors and devils, godlike avatars of Good versus Evil.

This contradiction between the religious need and the impossibility of absolute faith obliges a new form of worldview. A spiritual aim of some sort is necessary for a complete and coherent worldview. One cannot not have a spiritual aim. It is intrinsic to existence. It is the negation of the negation for the reason that the opposite of belief is nihilism and nihilism cannot sustain human action. The third aim of Physical Economics is thus a rational means of living with faith and the alternative to nihilism. It is possible as far as we know; therefore it can be aimed at. A worldview that at once provides the possibility of a teleological universe in which humankind’s role is significant yet which is rational and strong enough to doubt this constantly.

Shakespeare, according to Dr. Johnson, wrote with no apparent moral purpose. Yet,

… it commends a man who, after questioning the meaning of creation, comes to accept a design in it beyond our comprehending, and who therefore, after seeking to withdraw from life through an abhorrence of all that is ugly and vicious in it, is finally – though tragically not until death approaches – content to live life as it is, able to acknowledge, in word and deed, ‘The readiness is all’.

(Jenkins. 1982)

It is Macbeth who, after giving all to a self-centred quest and failed, cannot reconcile himself to nihilism:

Tomorrow, and tomorrow, and tomorrow,

Creeps in this petty pace from day to day,

To the last syllable of recorded time;

And all our yesterdays have lighted fools

The way to dusty death. Out, out, brief candle!

Life's but a walking shadow, a poor player,

That struts and frets his hour upon the stage,

And then is heard no more. It is a tale

Told by an idiot, full of sound and fury,

Signifying nothing.

Pozzo put this more succinctly (Beckett 1986), “They give birth astride of a grave, the light gleams an instant, then it's night once more."

Both express unbearable states of being for a human; nihilism is impossible to sustain even for the psychotic and the suicidal. The amoral psychotic needs society to survive and will ultimately be rejected by society if they do not adhere to social conventions, however superficially. While the suicidal, even in the instant of intense nihilistic despair, needs a minimum of faith to summon the energy to commit the act. For the suicidal to find the will to live and for the psychopath to camouflage their amorality, the obligation is the same: Sacrifice.

The suicidal must make the choice to sacrifice through self-will born of the need for faith in life; faith in existence. The paradox of suicide as both the ultimate expression of nihilism and the ultimate expression of faith can return us to dialectical thinking and the continuum of belief and doubt, if we so choose. But even the psychopath will choose to sacrifice; will choose to value life over death, existence over nihilism, albeit a choice imposed by the will to survive in a society. Nonetheless, ultimately, when faced with the choice between belief and nihilism, almost everyone sacrifices: to whatever degree everyone chooses to believe in a value to existence.

Self-sacrifice is the ultimate statement of belief in the value of an entity other than oneself, whatever that entity may be. It is the ‘ultimate decision’ in the sense of being final for the decision maker and in the sense of being the most significant feature of all human life, history and thought. Collective and individual histories are defined by decision-making. The extent to which human beings have free will correlates with freedom to make decisions.

Generally, the choice reduces to one between sacrifice and nihilism or between life and suicide. And generally, through reason, religion or whatever means, humans choose to believe in the worth of existence. It is a kind of wager reminiscent of Pascal’s wager on the existence of God and of Marx’s wager on the significance of history.

 

Pascal reduced belief in God to a choice.

"God is, or He is not." But to which side shall we incline? Reason can decide nothing here. There is an infinite chaos which separated us. A game is being played at the extremity of this infinite distance where heads or tails will turn up. What will you wager? According to reason, you can do neither the one thing nor the other; according to reason, you can defend neither of the propositions.

As there is very little cost in choosing to believe and a potential of eternal happiness, Pascal’s conclusion was to choose to believe because “it is this which will lessen the passions” and bring peace (Pascal. 2019 Pensée 233).

Marx’s wager is the wager that human history has meaning: “Marxist faith is faith in the future which men make for themselves in and through history. Or, more accurately, in the future that we must make for ourselves by what we do, so that this faith becomes a ‘wager’ which we make that our actions will, in fact, be successful” (Goldmann 2013. 73). The yearning for an objective reality, “God for St. Augustine, history for Marx”, unites religion and science. Religion can contain the yearning, but science is the yearning.

Physical Economics does not demand any such choice. An individual may choose to believe in the human potential even to the point of reversing entropy, of mastering the laws of physics and all the energy in a teleological universe in which, despite our faults and horrific crimes, human beings, individually and

collectively are worth existing. Alternatively, an individual may choose the materialist approach: that we can measure our progress against the physical constant of the total energy and mass in the universe. Either way, Physical Economics provides a means of more accurately orienting ourselves in relation to the world around us.

Constantly doubting, refusing the certainty of either choice is the real demand for rational humanity at this stage of Progress, as Brecht’s Galileo describes faith in a scientific future:

In fact we shall question everything all over again … And whatever we wish to find we shall regard, once found, with particular mistrust. So we shall approach the observation of the sun with an irrevocable determination to establish that the earth does not move. Only when we have failed, have been utterly and hopelessly beaten and are licking our wounds in the profoundest depression, shall we start asking if we weren’t right after all, and the earth does go round.

 

 

(Brecht. 81. 1980).

Political discourse is lost in an anachronistic lexicon of left wing versus right wing, socialist versus capitalist politics. Progress has no coherent guide and its ever-faster pace has no known destination. Physical Economics provides a definition of Wealth and Progress. From this starting point the economic relations between individuals and collectives can be more rationally and accurately assessed. The choices, political, moral and ethical that individuals and collectives make can be reconsidered as decisions about how to use their share of energy, their proportion of Wealth as a guide for directing Progress.

References

 

Beckett, S. (1986). Waiting for Godot. London: Faber and Faber.

Brecht, B. (1981). The life of Galileo. London: Eyre Methuen.

Bellamy Foster, J. and Burkett, P. (2008). Classical Marxism and the Second Law of Thermodynamics. Organization & Environment, 21(1), pp.3-37.

Chen, J. (2005). The physical foundation of economics. 1st ed. World Scientific.

Chen, J. (2008). The Physical Foundation of the Mind. NeuroQuantology, 6(3).

Deller, A. (2019). The Epic Scale of Spacetime. [online] Medium. Available at:

https://medium.com/swlh/the-epic-scale-of-spacetime-50e702cfef0 [Accessed 25 Apr. 2019].

En.wikipedia.org. (2019). Great Divergence. [online] Available at:

https://en.wikipedia.org/wiki/Great_Divergence [Accessed 25 Apr. 2019].

Goldmann, L. (2013). The hidden God. London: Routledge.

Kaplan, S. (2017). Scientists are about to change what a kilogram is. That’s massive. [online]

The Washington Post. Available at: https://www.washingtonpost.com/news/speaking-of- science/wp/2017/07/05/scientists-are-about-to-change-what-a-kilogram-is-thats-massive/ utm_term=.50857b088c18 [Accessed 25 Apr. 2019].

Lehmann, C. (2018). Camille Paglia: It’s Time for a New Map of the Gender World - Quillette.

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