Liz Truss Takes the Helm

A few days ago on Monday morning I learned that Liz Truss won the leadership race and became the Prime Minister of the UK. The impression I got from Liz Truss is that she is a problem solver, someone that has been solving complicated problems all her life. She worked in high positions in 'Shell' and 'A T &T' before. She now has a very big problem to solve so this will be interesting. I think her Dad is a Maths Professor. 

I was thinking, if they lowered VAT to about 15%, they would get the same revenue as last year because everything is inflated. That would help everyone because it would bring down the prices. VAT is 20% now so when I buy 5 t-shirts, one of them is just tax. I guess it's not that simple, right? 

This last six months of inflation has proven that we can't afford to rely on fossil fuels to power our world. I would say we should use water power because there are rivers everywhere on this island. We could put water wheels everywhere. I read somewhere that the average wind speed in the UK is highest in Europe but then I think to myself how long do those large windmills need to spin before they even offset their own carbon footprint; they have to burn a lot of fuel to make each one of those things. Why don't they make lots of smaller windmills instead of large ones. I don't know. 

Capital paradox

I describe the society I live in as a new age capitalist one. It works much like a food chain would in the natural world.

The first link in the chain is Energy and the next link is the maker and then the trader and then the Bank. This system works very well and creates prosperity. The problem is that our version of new age capitalism is corrupt.

The energy at the start of our food chain is fossil fuels, concentrated hydrocarbons that were left over from organisms that died millions of years ago. We turned our backs on all the free energy that was given to us from our star. We have turned ourself into a force of nature, displacing materials and changing the surface of the planet. If we don't change, our way of life will end as soon as the hydrocarbons are used up.

Corrupt leaders in the past submitted to lobbyists from oil companies. We need new leaders that can embrace a better way to be. It is the ordinary people like me that will gently steer them in the right direction.