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#socialcredit — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #socialcredit, aggregated by home.social.

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  1. @cbcnews @politics-cbcnews Canadians joining the #weird #MAGA cult reminds me of the #SocialCredit whack-jobs. So no surprise this scene took place in #BritishColumbia. #CdnPoli

  2. The Creditary Nature of Money in Post Scarcity

    socred.org/s-c-action/social-c

    Abstract:

    'The Austrian School of economics maintains that money originated as a high-saleability commodity selected by market forces to reduce barter friction, treating credit as a secondary mechanism backed by pre-existing physical savings. This paper demonstrates that the Austrian foundational model rests on dual empirical and operational fallacies: the myth of commodity money and the myth of absolute physical scarcity. Drawing on A. Mitchell Innes’s credit theory of money, modern balance-sheet mechanics, C.H. Douglas’s Social Credit analysis, and the realities of modern industrial capacity, we show that money has always been credit—a system of clearing debt—and that credit creation precedes both savings and physical production. In a technological era characterized by systemic capacity abundance, holding to gold-standard or loanable-funds assumptions misdiagnoses the nature of financial capital, misunderstands the true drivers of inflation, and severely distorts macroeconomic analysis.'

    #AustrianSchoolofEconomics #Economics #MonetaryReform #Money #SocialCredit

    (The sharpest analysis of the Austrian School I've ever read.)

  3. S. Korea digital currency trial sparks fear, misinformation online

    South Korea’s ramped-up testing of a central bank digital currency (CBDC) has sparked a torrent of misleading online…
    #EuropeSays #Korea #KR #BankofKorea #BOK #CBDC #Centralbanks #digitalcurrency #digitalfinance #pilotproject #socialcredit #socialcreditsystem #SouthKorea
    europesays.com/korea/126146/

  4. He says the British govt's been experimenting with #SocialCredit but there isn't a single link to ANY proof for ANYTHING he says. He's "proven" other things before; granted it was just articles and not the legislation itself, but this has NOTHING!!

    youtu.be/GJkAAf9oCyg

    #DigitalID #Privacy #PrivacyIsDead #Stalking #Surveillance

  5. 🧵 1/2

    thewalrus.ca/how-albertas-sepa

    This article traces the separatist movement back to 1980 and the response to the National Energy Program.

    I'm not an expert on the history of Canada, still less that of Alberta, so I have no grounds for for contesting the article's claim about the beginnings of calls for separation.

    I wonder, though, if the groundwork for the rise of separatism was laid by Alberta's distinctive political history from 1935 onwards. That year saw the election of a Social Credit government in the province; the right populist party would dominate the political landscape there for another 35 years.

    The heritage of the Social Credit movement in Alberta, with its roots in evangelicalism and populist resentment of banks and distant metropolitan elites, might explain some (not all) of the current separatist movement's sympathies with Trumpish Americanism.

    Understanding the rise of the Social Credit movement in Alberta matters not only for the history of Canada and of the Grest Depression in general, but also for our understanding of right wing populist movements.

    In another part of the article...

    #Alberta #Canada #Politics #CanadianHistory #Separatism #SocialCredit #History #Populism

  6. Спустя несколько часов после того, как администрация #Trump ввела ограничения против #Anthropic, их главный конкурент — #OpenAI — объявил о масштабном соглашении с #Pentagon.

    Глава компании #SamAltman сообщил, что модели #AI будут интегрированы в информационные военные системы #USA, но при соблюдении жёстких «красных линий».

    Ирония ситуации в том, что эти ограничения почти совпадают с теми, из-за которых под давление попала #Anthropic: запрет на массовую слежку за американцами, запрет на управление полностью автономным оружием и отказ от систем наподобие китайского #SocialCredit.

    Разница — в архитектуре. #OpenAI предложила более гибкую модель использования технологий: системы будут работать через облачную инфраструктуру под контролем инженеров. Такой подход, по словам компании, физически исключает установку моделей на боевые #Drones или автономные роботизированные платформы.

    Глава Пентагона #PeteHegseth уже приветствовал соглашение, назвав #OpenAI «надёжным партнёром». В то же время #Anthropic готовится оспаривать в суде статус угрозы для цепочек поставок и возможный запрет на участие в государственных контрактах США.

    Сам #SamAltman публично призвал #Pentagon предложить аналогичные условия всем разработчикам #ArtificialIntelligence и снизить напряжение вокруг конфликта с #Anthropic. По его словам, для защиты демократии военным действительно нужны передовые технологии, но с чёткими ограничителями и механизмами безопасности.

    Ситуация вызывает дополнительный интерес ещё и потому, что выбор #OpenAI может объясняться не только технологическими возможностями, но и большей гибкостью в вопросах регулирования #AI. В отличие от жёсткой позиции #Anthropic, компания Альтмана показала готовность к компромиссам, позволяющим #USGov формально соблюдать ограничения и одновременно сохранять доступ к передовым разработкам.

    Немаловажную роль играет и фактор #SiliconValley. Ранее Альтман возглавлял #YCombinator, который традиционно связан с кругом предпринимателей, известным как #PayPalMafia.

    Одной из ключевых фигур там остаётся #PeterThiel — сооснователь #PayPal и #Palantir, компании, которая уже давно считается одним из ключевых технологических подрядчиков американской разведки и оборонного сектора.

    @yigal_levin

    #AIWar
    #DefenseTech
    #MilitaryAI
    #TechPolitics
    #USDefense
    #Geopolitics

  7. This is the real reason they made up the lie about China's social credit score!

    There is, in fact, a government run social credit score, but it's very specific. It's to punish greedy capitalists who live in luxury while underpaying their workers, not paying taxes, etc.

    It all makes perfect sense now.

    #China #socialcredit #communism

    xhslink.com/o/45vMaXNzwr1

  8. And so it starts. The start of your liberties being taken away. Well done ReformUK & the flag waving racists, you gave them the excuse they needed/wanted you dumb f...s

    #Britcard #IDCard #Orwell #News #DigitalID #NigelFarage #DigitalCurrency #SocialCredit
    news.sky.com/story/the-first-d

  9. 「 The only difference between your phone and China's social credit system is that China tells you what they're doing. We pretend our algorithmic reputation scores are just “user experience features.” At least Beijing admits they're gamifying human behavior 」

    thenexus.media/your-phone-alre

    #socialcredit #privacy #surveillance

  10. "My #socialcredit system is better than yours" 🤦

    The fact of the matter is that the application of algorithms in manners that directly affect individuals used to be an isolated, sandboxed (and typically regulated) practice (like credit scores in banking, actuarial tables in insurance etc).

    But the carte-blanche granted to #adtech (and #bigtech more broadly) has opened Pandora's box of opaque, unregulated, abusive monitoring and influencing of user behaviors.

    thenexus.media/your-phone-alre

  11. Congratulations! 🎉 You've just realized your phone is a tattletale that snitches on your every move for digital brownie points. 📱💩 Don't worry, though. We just wrap it up in a pretty lie, slap a fancy term on it, and call it "social credit" — because "creepy digital stalking" didn't quite pass the marketing test. 🙄
    thenexus.media/your-phone-alre #socialcredit #digitalprivacy #technews #marketingfails #privacyconcerns #HackerNews #ngated

  12. What's YOUR loyalty rating? Do you love #BigBrother, um, we mean #Trump enough?
    ___
    Scoop: White House hands down loyalty ratings for hundreds of companies archive.ph/1LLTe

    #uspol #fascist #fascism #socialcredit

  13. Republicans, beside the liberty caucus, have a poor liberty score and want the big daddy government to tread on us.

    We need more Ron Paul, Rand Paul, Thomas Massie & Justin Amash in the government to defend our individual rights, first amendment, second amendment, private property, free trade, and protect us for mass surveillance & from involvement in foreign agenda wars.

    #republicrats
    #republicans
    #donttreadonme
    #palantir
    #socialcredit
    #republicanlibertycaucus
    #rlc

  14. The "maladjustment" by William Waite

    substack.com/home/post/p-16291

    Quote:

    'There is an alternative. Where there is a shortfall of consumer purchasing power it could be made up with steady and measured credit injections directly to the public. This would render the old system obselete. No longer would new investment be required solely to distribute money for consumption. There would also be a reduction in the need for consumer and government debt. The monopoly of credit would be broken, its power distributed and decentralised.

    Easy fix. That doesn’t mean we’re going to even talk about it. The monopoly of credit is nothing if not tenacious and people remain mostly blind to the irrationalities of debt-economics and full employment. Politics is reluctant to lead where the public is unprepared to follow.'

    #Debt #Economics #MonetaryReform #SocialCredit

  15. The other option is to introduce the #SocialCredit System. One China tried to implement in 2000 for the entire country but was postponed because of the SARS-CoV-2 virus that resulted in the COVID-19 pandemic.

  16. @LALegault @david_crispin amazing Jenni Byrne connects with Poilievre's conservatives that has, at its roots, the uncle of #bountifulbc ' s winston blackmore who's cult still adheres to the doctrine of "bleeding the beast" .

    Yes, john horne blackmore and his #socialcredit movement set up to "bleed the beasts" … the great unwashed masses. its now known as "Axe the Tax" .

    get the word out

  17. So, who's excited for the coming #SocialCreditSystem ? You think the #AI everyone is complaining about is the end of it? The #SocialCredit only works if there's an AI combined with #CCTV #surveillance .

    What are _you_ going to do about it today?
  18. So, who's excited for the coming #SocialCreditSystem ? You think the #AI everyone is complaining about is the end of it? The #SocialCredit only works if there's an AI combined with #CCTV #surveillance . What are _you_ going to do about it today?

  19. So, who's excited for the coming #SocialCreditSystem ? You think the #AI everyone is complaining about is the end of it? The #SocialCredit only works if there's an AI combined with #CCTV #surveillance .

    What are _you_ going to do about it today?

  20. Once in Canada, in the 1970s, we lived through a federal Conservative government that relied on the Social Credit as kingmakers in Joe Clark's minority government. If you're too young to remember the Social Credit party, replace "Social" with "bat shit crazy" and replace "Credit" with "vocal anti-Semitic Catholic extremists". That will give you an idea. BTW, Musk's grandfather ran for many years as a Social Credit candidate during the height of their anti-Semitic era. Go figure.
    _______________
    #SocialCredit

  21. @KrissyKat

    "The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks."

    ― Lord Acton

    Good to know which side the Republicans are on.😏

    #monetaryreform #SocialCredit #CoinageSovereignty

  22. It starts here for places not under authoritarian rule. Once everyone is accustomed to it, the next phase is to introduce the #SocialCreditSystem. www.404media.co/fusus-ai-cam... #AI #Privacy #Security #NationalSocialCredit #SocialCredit #CCTV via Bob Reyes
  23. It starts here for places not under authoritarian rule. Once everyone is accustomed to it, the next phase is to introduce the #SocialCreditSystem.

    Remember how public #CCTV started? Only politicians were in favour of it at first. Years later, no one cared anymore.

    Same strategy.

    They are already expecting people will complain about this. But it is here to stay. And people will once again eventually just accept it and ignore it.

    Then boom: #SocialCredit is here.

    404media.co/fusus-ai-cameras-t

    #AI #Privacy #Security #NationalSocialCredit

    via @bobreyes

  24. China Wants To Implement Social Credit System With Digital IDs In The Metaverse - A new report suggests that China is pushing proposals aiming to transplant its traditiona... - cryptonews.com/news/china-want #blockchainnews #socialcredit #metaverse #china #itu

  25. China proposes to bring its social credit system to the metaverse: Report - Proposals to a United Nations group reportedly show China wants d... - cointelegraph.com/news/china-p #socialcredit #metaverse #beijing #china #leak

  26. @laurenrelarkin Musk yesterday rebranded twitter to "X". Bird logo gone, blue color gone, the name will change. Rumors are he wants to turn it into a #superapp like #wechat in China, knowing him, probably including a #socialcredit systen, too...

    hcommons.social/@thomasrenkert

  27. Während wir in Europa gegen die #Chatkonrolle und #Vorratsdatenspeicherung demonstrieren, herrscht in #China 1984 und es sind die gleichen Argumente FÜR #Überwachung zu hören, wie bei uns.

    Sehr gute, beklemmende und persönliche Doku zum #Überwachungsstaat China und dem #SocialCreditSystem.

    Mit totaler Überwachung zum idealen Staat? Chinas Sozialpunkte-System

    invidious.namazso.eu/watch?v=H

    (Leider noch nicht in der Mediathek verfügbar)

    Mir macht das einfach nur Angst.

    #VDS #StopVDS #Chatkontrollen #ChatkontrolleStoppen #StopChatcontrol #SocialCredit #SocialCreditScore

  28. A group of researchers studied 15 months of human mobility movement data taken from 1.5 million people and concluded that just four points in space and time were sufficient to identify 95 per cent of them, even when the data weren’t of excellent quality.

    That was back in 2013.

    Nearly 10 years on, surveillance technologies permeate all aspects of our lives. They collect swathes of data from us in various forms, and often without us knowing.

    channelnewsasia.com/commentary

    #Surveillance #CCTV #BigBrother #Privacy #Security road to #SocialCredit #NationalSocialCredit

  29. «Soziale Probleme lassen sich nicht technologisch lösen.»
    Katika Kühnreich beim Netzpolitischen Abend der @digiges
    Word!
    #socialcredit #kontrolle #netzpolitik

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