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Dallas E Weaver's avatar

When technology changes history can't repeat and the lessons of history can become dangerous illusions.

When agriculture was invented you could obtain more power and wealth by stealing land from your neighbor and hiring lawyers to make it legal. When industry was invented you could still steal resources like mines, factories, and wealth and still use slave labor to build rockets like Hitler did. The source of the wealth and value was in the physical resources.

With our new scientific revolution where human knowledge is growing at about 10%/yr (number of scientific articles) and this increasing knowledge is reducing the whole concept of resources down into only energy and human "knowledge and creativity" being sources of value, things become more difficult to steal. When all what are commonly called "resources" become fungible (no steel, use fiberglass; no oil, use solar; no ammonia, use air, water and energy; no fisheries use water and energy to Hydrogen to single cell protein to fish food to fish; etc), the real source of value becomes between peoples ears.

Note that there hasn't been a profitable war of conquest in the last half a century. Most of the value in the stock market is no longer "book value" but has become this intangible stuff between peoples ears. All GM factories and resources have less value that what is between the ears of Tesla workers. Conquest not longer economically works and historical analogies are no longer as valid.

Putin still believes he can capture the value in peoples heads, but the more he destroys the more the true value of the people becomes unavailable. He has the illusion that capturing the body and the factory means capturing the mind and that isn't always true. The value he want between peoples ears will just go back to the old communist workers who "just pretend to work while the government pretends to pay them" and the economy rots.

The Null Hypothesis's avatar

Also note that the USSR was effective against Germany because the USA supplied half of their war material. Russian capacity to produce their own war material at scale over time is an open question. This is reason #1,000 why keeping China on the sidelines is so important.

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