#industrial solar panel price
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rishikakraftsolar · 1 month ago
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Rishika Kraft Solar provides top-quality industrial solar panel installations in India at the best prices. Our expert team ensures efficient energy solutions tailored to your industrial needs, helping you reduce costs and achieve sustainability. Embrace solar power for your business with reliable installation and cutting-edge technology from Rishika Kraft Solar.
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evaskaenergy8 · 1 year ago
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How Solar Power Is The Answer To The Power Crisis In India?
Even though we are the world's most significant coal producer, the country continues to face a coal supply shortage. This scarcity is becoming an essential contributor to India's electricity issue. The difficulty with evacuating and storing coal in the thermal power plant caused a supply shortage. Because of the unusual weather changes worldwide, the price of coal imports has risen, resulting in severe scarcity.
As a result, power outages are still widespread throughout India, with over 500 communities unable to access electricity. According to official statistics, India was able to fulfill the aim of 100% electrification in 2018, but unfortunately, this assertion is only limited to newspapers and articles. In actuality, the city is in better shape than in recent years, but the overall total for the country remains depressing.  
Following the Covid-19 period, the Indian manufacturing sector resumed operations and made additional attempts to recoup from the pandemic's losses. Population growth is also a major factor in the country's electrical supply.
The rising demand for electricity and the increasing rate of the power crisis give the country a chance to reduce its reliance on traditional electricity producers (Fossil Fuels) and expand its usage of renewable energy offered by our mother nature. An excellent environmentally friendly solution to the power crisis dilemma.
The sun is the only 100% cost-effective and environmentally friendly answer to India's electricity dilemma
Solar energy is the solution to all electricity-related problems. You may utilise electricity without affecting the environment by installing a high-quality solar system on your rooftop. Solar power panels are the simplest and quickest answer to all energy concerns, particularly in rural areas, which house around 65% of the country's population. 
Evaska Energy solar solutions are ideal for any sort of rooftop or land, and for any use, whether industrial, residential, hospitality, or any other form of energy demands. Solar panels are the only outstanding low-cost, high-tech answer. Evaska Energy has successfully established itself as the best solar power company in Noida, offering mini-grid and off-grid solar power installation solutions with minimal maintenance and trouble-free installation.
The continued expansion of solar panels directly impacts India's electricity issue
Since 2013, the usage of solar power panels in India has grown slowly but has increased by 72 MW per year to 227 MW per year. This is owing to the government's many solar panel subsidy programmes, tax vacations, and excise duty exemptions, which have increased the installation of solar power panels. However, there is still need more work to be done to increase the usage of solar solutions in India.
According to a government report, states, including Tamil Nadu, Maharashtra, and Gujarat, are making significant headway in installing solar panels on their rooftops. 
Which one do you believe helps to alleviate India's electricity issue - Solar versus Diesel
According to a recent study, the power provided by Solar Power Panels is less expensive than diesel-generated electricity. Diesel generators are now largely used in India when grid access is low. According to research conducted by the Centre for Science and Environment, diesel generators cost between 15-20 units of energy, but solar panels cost just approximately INR 5-6 units. This research covers the states of Delhi, Uttar Pradesh, Haryana, and Rajasthan. 
Surely!! Everyone who reads this essay should consider getting solar if they haven't already. If you are also debating whether to go solar, please contact Evaska Energy, a leading solar power company in Greater Noida with a professional team of engineers who will collaborate with you, listen to all your concerns and worries, and then specially customise the best quality solar power solution for your rooftops.
Let us look at some of the advantages of solar energy
It reduces the demand for coal: solar energy generation is at its peak during the day. This is also a period when there is a significant demand for power. If individuals can get the same results as coal-based electricity with solar panels, their reliance on coal will be reduced. 
Increases grid security:- with local and big-scale solar power solutions installed across the states, the number of energy generation centres increases. Solar electricity is being deployed on utility grids, which improves system security. Strong networks, such as Evaska Energy's, reduce the likelihood of frequent blackouts.
Reduce your power bills: As the cost of electricity rises, so does productivity, particularly in industrial locations. Evaska Energy offers the best industrial solar panel price with low initial instalments.
Evaska Energy has effectively built its status as the leading solar power provider by implementing 100% highest quality solar solutions throughout India, which offers cost-effective, simple, dependable, and low-maintenance residential, commercial, and industrial solar systems. So, if you're seeking high-quality solar solution suppliers, Evaska Energy is the firm to call. Visit the official website of Evaska Energy or give us a call right now. 
Source: https://www.evaskaenergy.com/blog/how-solar-power-is-the-answer-to-the-power-crisis-in-india
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greenedgetechnologies · 2 years ago
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Finding The Passionate And Best Solar Installers Melbourne
If you are looking for the best solar installation services for your home or business, look no further than our company, Green Edge Technologies. We have a team of highly skilled solar installers working day in and day out to ensure that all new installations are on time, meet all safety regulations, and provide customers with excellent value for money. We aim to provide our customers with the best possible solar installation services at a competitive price. We will work closely with you to ensure your needs are fulfilled, whether a small residential installation or a large commercial one. Contact us for more details about Best Solar Installers Melbourne.
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raybotixsolar · 1 month ago
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How Solar Panels Can Reduce Energy Costs for Industries
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Raybotix Technologies numerous benefits, from cost savings that are substantial to increased energy self-reliance and environmental stewardship, the addition of solar panels into the industrial operations enjoys. In relation to the increasing energy prices, it is well set as a commitment from today up to a long time: in terms of economies and sustainability for those industries that commit to utilizing solar energy. In these economies of government incentives and dwindling costs of installation, it has never been the right moment for industries to shift to solar.
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indiansolarsolutions · 1 month ago
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Indian Solar Solution is one of Indore s Best Solar Company Contractors, focusing on designing various rooftop systems from various angles Call us 9424836103
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ibsolar01 · 1 year ago
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Sofar Inverter Distributors in India
Looking for reliable Sofar inverter distributors in India? Look no further! We are a trusted distributor of Sofar inverters, offering high-quality products at competitive prices. Our extensive network ensures quick and efficient delivery to customers across India. Whether you need a single inverter or bulk orders, we've got you covered. With our excellent customer service and industry expertise, we strive to meet your requirements and provide you with the best inverters in the market. Contact us today to discuss your needs and place your order.
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freyrenergyservice · 2 years ago
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Worried about your power bill - Go solar today - Freyr Energy:
That feeling you get when your power bill arrives but you have solar panels
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zvaigzdelasas · 8 months ago
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Millions of solar panels are piling up in warehouses across the Continent because of a manufacturing battle in China, where cut-throat competition has driven the world’s biggest panel-makers to expand production far faster than they can be installed.
The supply glut has caused solar panel prices to halve. This sounds like great news for the EU, which recently pledged to triple its solar power capacity to 672 gigawatts by 2030. That’s roughly equivalent to 200 large nuclear power stations.
In reality, though, it has caused a crisis. Under the EU’s “Green Deal Industrial Plan”, 40pc of the panels to be spread across European fields and roofs were meant to be made by European manufacturers.
However, the influx of cheap Chinese alternatives means that instead of tooling up, manufacturers are pulling out of the market or becoming insolvent. Last year 97pc of the solar panels installed across Europe came from China.[...]
The best estimates suggest that about 90 gigawatts worth of solar panels are stashed around Europe. That solar power capacity roughly equates to 25 large nuclear power stations the size of Hinkley Point C.[...]
The sheer scale of the problem was revealed in a recent report from the International Energy Agency (IEA).
It warned that although the world was installing at record rates of around 400 gigawatts a year, manufacturing capacity was growing far faster.
By the end of this year solar panel factories, mostly in China, will be capable of churning out 1,100 gigawatts a year – nearly three times more than the world is ready [sic] for. For comparison, that’s about 11 times [!!!!] the UK’s entire generating capacity.
For some solar power installers, it’s a dream come true. Sagar Adani is building solar farms across India’s deserts, with 54 in operation and another 12 being built.
His company, Adani Green Energy, is constructing one solar farm so large that it will cover an area five times the size of Paris and have a capacity of 30 gigawatts – equal to a third of the UK’s entire generating capacity.
“I am installing tens of millions of solar panels across these projects,” says Adani. “Almost all of them will have been imported from China. There is nowhere else that can supply them in such numbers or at such prices.
“China saw the opportunity before others, it looked forward to what the world is going to set up 10 years on. And because they scaled up in the way they did, they were able to reduce costs substantially as well.”
That scaling up meant the capital cost of installing solar power fell from around £1.25m per megawatt of generating capacity in 2015 to around £600,000 today – a decrease of more than 50pc – making it cheaper than almost any other form of generation, including wind.[...]
“Up to 2012 there was a healthy looking European solar panel industry but it was actually very reliant on subsidies and preferential treatment.
“But then European governments and other customers started buying from China because their products were so much cheaper. And China still has cheap labour and cheap energy plus a massive domestic market. It’s hard to see Europe recovering from those disadvantages.”
Trying sososo hard to make this sound like a bad thing [23 Mar 24]
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orcboxer · 4 months ago
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 Aliens land in the middle east and due to a short altercation some people die so the US intervenes and they're quickly like "we have declared war on the aliens on behalf of Earth" and there's this huuuge media campaign about how we're all in this together and we can defend our homes and humans may not have those fancy alien weapons but we have Courage and Unity, that's our secret weapon, and everyone's like "damn this is a hell of a time to live in, we got invaded by aliens from space that's so crazy I can't believe it's real" and that's all anybody talks about for months and it's kind of annoying because fucking Nate your coworker spends over an hour every day chatting with the manager about it while you are 10 feet away doing the work of both of you. Meanwhile all the prices skyrocket and people are stocking their doomsday bunkers and talking all Serious and Brooding style and you can tell they are like, imagining themselves being the salt-of-the-earth badass with all this wisdom and they're totally gonna kill all the aliens that they expect to come flooding into their house using the semi-automatic rifle that they are now allowed to carry around all day at work just in case of aliens but your main concern is trying to pay rent which has doubled since all this began and nobody will even talk about it because "how can you talk about that when there's ALIENS invading EARTH?" Of course eventually all the aliens get killed to death and the president (a geriatric republican who in the throes of dementia has forgotten everything except, inexplicably, a list of particularly obscure racial slurs) gives a long rambling speech full of pithy lines about the strength of the American Spirit as well as a baffling direct quote from hitler? and somehow when it's all over the US comes out of it owning more land in the middle east and the oil industry experiences a boom in profits and at this point in history the sea has been rising at a ridiculously high rate like New Orleans is just gone and now that the whole alien thing is done people are starting to protest climate change again but Congress passes a bill called like, the Planet Temperature Restoration Act, and all of the parts in the original draft of the bill that would have hurt oil companies all get removed and the version of the bill that passes mainly just subsidizes corporations that put a couple solar panels on their buildings and the only reason it gets passed is because the GOP added a section that dumps trillions of dollars into space exploration using the aliens' ship as well as research into the alien technology and then later during a workers' rights protest the government attacks their own unarmed civilians with the aliens' weapons.
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simspaghetti · 1 year ago
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Ancient Modernity Makeover DOWNLOAD
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Hello!! I had a few requests to put this build up for download, and since I just recently hit 800 followers (eeek!! Thank you so much 😭😭) I figured this was a good gift to show my thanks!
Disclaimer: The original version from Gen2 of my Random Legacy uses a ridiculous amount of CC but this is a stripped-back model to make it more accessible for most players, if it looks different that’s why!
Tour Pictures:
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Download & more info under the cut! ⬇️
Basic Information:
Price: Furnished = §85,896 / Unfurnished = §48,259
Lot Size: 40x40
2 Bedrooms / 2 Bathrooms
Furnished for 2 Sims (A Couple), 1 Baby/Toddler and 1 Dog 
Potential to turn the upstairs fashion studio into a bedroom as well
Expansions Needed:
World Adventures / Ambitions / Supernatural / Late Night / Seasons / Pets / University Life / Generations
I appreciate that this build still uses quite a bit of CC, so for my minimal CC playing folks, I’ve also made an unfurnished shell version, which uses much less!
Unfurnished Shell CC:
BlamsEAStore:
Casually Corrugated Wall
Plants: Lovely Lupin / Bird of Paradise / Swiss Cheese 
Dolly Door
Posture Glass Double Door
Greenhouse Window
Muntin Window
Other Creators:
AA6x7 Halved Progress Industrial Chic Window (Only the ‘top’ version)
(Solar Redux) A Sensible Panel 
Additional CC for Furnished Version:
‼️You also need everything from the 'Unfurnished Shell' CC list‼️
Blams EA Store:
Bedside Cabinet-Ish End Table / Tropical Leaves of Repose / Murano Retro & Ripe Fruit Bowl / Alvar Vintage Chill Well Refrigerator / Grandmother’s Cooktop / Dirty-No-More Changing & Bathing Station
AroundTheSims3:
Ilona’s Kitchen Cabinet / Bree-KEA Kitchen Cabinets (Just the Normal version & the shorter version) EcoLiving Power Generator / Summer Festival Stylist Station
Other Creators:
Basimcly Simple Curtains Mutske (TSR, sorry!) Florence Curtains ChasmChronicle (MTS): DIY Curtains, Blinds & Shutters - Only the 'Medium rolled up blinds' are needed! Twinsimming: Curtain Call - Both Billionaire’s Curtains & Fashion Forward - Trending Style Board (final) / Industrial Clothing Rack / Clothes by MLys (without dress) KandiRaverSims: Cats&Dogs - Bella Curtain (Both sizes) & Laundry Day - Ironing Board / Shelving Essentials
TOU: Don’t reupload or claim as your own, tags on posts aren’t necessary but are definitely appreciated :) - Feel free to modify or refurnish the build however you want!
➡️ DOWNLOAD IT HERE
(Simfileshare Folder with both Furnished & Unfurnished versions included)
These are library files, so they go in your The Sims 3 -> Library folder
Alsoo this is my first time uploading a build, so please let me know if you encounter any issues!
Have fun using this build in your game! I’d love to see pictures of your sims using the build if you do tag me, and thank you again for 800 followers - it's bananas that I've hit that number, I'm so thankful to all of you!! :D
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mightyflamethrower · 3 months ago
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Biden’s ironically named Inflation Reduction Act (IRA) was supposed to create millions of green jobs and launch the “sustainable power” industry.
Subsidies flowed to support electric vehicles, wind farms, and solar energy.  We have been covering the slowdown in the EV market, and residents of the East Coast are questioning all the promises made by the wind energy companies after the Vineyard Wind blade failure.
Now, it’s time to turn our attention to solar power. SunPower, the company that provides solar panels to many Californian homes in the sunny Coachella Valley area, filed for bankruptcy this week.
It is the latest development in a saga that has seen the company facing numerous serious and seemingly escalating challenges over the past several months, including allegations about executives’ misconduct related to the company’s financial statements and a recent decision that SunPower would no longer offer new solar leases. Days after the latter announcement, Coachella Valley-based Renova Energy, which markets and installs SunPower systems, said it was ending its partnership with SunPower and temporarily pausing operations after not receiving required payments from SunPower. SunPower’s executive chairman wrote in a letter posted on the company’s website on Monday that the company had reached an agreement to sell certain divisions of its business and suggested it was looking for one or more buyers to take on the rest, including the company’s responsibilities to maintain solar systems it has previously sold or leased.
It is important to note that SunPower was the industry’s “darling” to understand the magnitude of this development.
Founded in 1985 by a Stanford professor, SunPower was, for the past two decades, a darling of the solar industry. The company helped build America’s biggest solar plant, called Solar Star and located near Rosamond, California, and has installed solar panels on more than 100,000 homes. The company’s stock price has fluctuated dramatically, peaking during the solar stock frenzy of late 2007. As recently as January 2021, SunPower’s valuation momentarily reached $10 billion, buoyed by the expansion of its residential solar panels program. But since then, the company’s value has cratered — and this year, its situation became particularly dire.
It is also important to note that earlier this month, the bankruptcy of a solar-powered company in South Florida created an array of problems on the South Coast of California. Subcontractors are scrambling to find ways to guarantee payment for work on homes with equipment from the firm.
Meanwhile, homeowners are regretting their misplaced trust in eco-activists and city officials.
The business — Electriq Power Inc. — was putting solar panels and batteries on Santa Barbara rooftops at no expense to homeowners and with the blessings of the cities of Santa Barbara, Goleta, and Carpinteria. But then Electriq filed Chapter 7 on May 3, freezing all its operations. This prompted one of its subcontractors, Axiom 360 of Grover Beach, to place mechanics liens on homes for which it had yet to be paid. This preserves Axiom’s options for full payment of its installation work and is not unusual among contractors. But for homeowners who didn’t expect any financial outlay, it came as a shock, especially as the recording notice lists foreclosure in 90 days among the penalties. “You’re helping the environment. You’re not paying high rates to Southern California Edison,” said homeowner Randy Freed, explaining why he signed on to Electriq’s PoweredUp Goleta program. He was pleased with the savings in the solar array and storage batteries, but then he received the mechanics lien in June. The possibility of foreclosure was unanticipated, Freed said, and he’d relied on the cities’ endorsements. “It’s a great program; we’ve checked them out,” he recalled the cities saying on a postcard he received.
Hot Air's Beege Welborne takes an in-depth look at the cascade of warnings that indicate SunPower and the residential solar market are in serious trouble. She also hits on a point that is true for all green energy schemes: Today’s technology cannot keep up with the promises being made about tomorrow.
The technology side still hasn’t ironed itself out and may never with as saturated as the market is. With interest rates as high as they are and home prices through the roof, no one wants to pay a fortune for something that’s not rock solid. …That “sustainable” growth is only possible once all the artificial supports are knocked away and the technology proves viable and worth the cost once and for all.
Of course, the solar industry isn’t helped by the fact that the cost savings for customers aren’t quite as lavish as originally promised.
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rishikakraftsolar · 6 months ago
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Industrial Solar Panel Installation Company in Gurgaon, India
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Elevate your energy efficiency with our premier industrial solar panel installation services in Gurgaon. With a focus on innovation and sustainability, we offer expert solutions tailored to your industrial needs, ensuring reliable power generation and environmental responsibility.
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cognitivejustice · 7 months ago
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Emissions fell by a steep 15.5% in 2023, largely driven by reductions in carbon from electricity generation and industry. EU countries added 17 gigawatts (GW)-worth of windmills and covered roofs and fields with 56GW of new solar panels. (For comparison, nuclear-power capacity in the EU was roughly 100GW, though it can run 24 hours a day.) Officials reckon 2024 will be another record year for renewables.
The commission’s modelling suggests that current policies should get the bloc to an 88% reduction of overall emissions by 2040, compared with 1990 levels. With the 2030 target of a 55% reduction within reach, the EU should be able to agree to a target for 2040 of 90%. The main target, to get to net zero by 2050, is unchanged.
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sunshinesmebdy · 9 months ago
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Uranus Awakens: How the Rebellious Bull Shakes Up Business and Finance in 2024
Prepare for disruption, fellow stargazers! As the revolutionary planet Uranus stations direct in the grounded sign of Taurus on January 27, 2024, a cosmic earthquake ripples through the world of business and finance. Get ready for unexpected twists, innovative breakthroughs, and a complete reshaping of the economic landscape. Buckle up, entrepreneurs, investors, and everyone in between — Uranus is here to shake things up!
The Cosmic Cocktail:
Imagine the stoic, earth-loving Taurus as a well-established bank, steeped in tradition and conservative practices. Now, picture the rebellious Uranus, bursting in with a briefcase full of digital currency and blockchain ideas. That’s the essence of this transit — a clash between old and new, stability and revolution, practicality and radical transformation.
Impacts to Expect:
Technological Disruption: Brace yourself for a wave of innovation in finance and business. Cryptocurrency, blockchain, and decentralized finance (DeFi) will take center stage, challenging traditional banking systems and pushing the boundaries of what’s possible.
Prepare for a digital gold rush as Uranus throws open the vault of financial innovation! Cryptocurrency will erupt into mainstream commerce, blockchain will become the new ledger, and DeFi will democratize finance like never before. Traditional banks better dust off their abacus and learn to code, because digital cowboys are charging onto the financial frontier, redefining how we value, exchange, and invest. From peer-to-peer microloans to fractionalized real estate ownership, the possibilities are as limitless as your imagination. Buckle up, because the tectonic plates of finance are shifting, and the digital revolution is rewriting the rules of the game!
Shifting Market Dynamics: Expect volatility and unexpected shifts in established industries. Old guard companies might scramble to adapt, while nimble startups with innovative ideas flourish. Think green energy disrupting fossil fuels, or AI revolutionizing the service industry.
Be prepared for market earthquakes! Uranus, the cosmic trickster, will send shockwaves through established industries, causing titans to tremble and upstarts to dance. Picture fossil fuels choking on the dust of solar panels, brick-and-mortar stores gasping as virtual bazaars boom, and customer service bots replacing flustered clerks. AI will infiltrate every corner, from crafting personalized shopping experiences to streamlining logistics, while sustainable solutions crack open resource-hungry giants. It’s a Darwinian playground for businesses — adapt or face extinction. This isn’t just a market shuffle, it’s a complete reshuffle of the deck, and the cards are dealt anew. Get ready for the thrill of the unexpected, because the only constant in this dynamic landscape is change itself!
Evolving Values: Sustainability, ethical practices, and social responsibility will become increasingly important for consumers and investors alike. Businesses that prioritize these values will thrive, while those stuck in outdated models might struggle.
Get ready for a values revolution! Consumers and investors will turn from price tags to purpose tags, demanding businesses that go beyond profit and prioritize sustainability, ethical sourcing, and social responsibility. Imagine carbon-neutral factories replacing smog-belching behemoths, fair-trade coffee beans eclipsing exploitative practices, and employee well-being becoming a non-negotiable bottom line. Businesses that cling to outdated models will find themselves gasping for air as ethical alternatives steal the oxygen. It’s not just a trend, it’s a tidal wave of conscious consumerism sweeping away the tide of greed. So, businesses, listen up: embrace responsible practices, champion inclusivity, and weave sustainability into your very fabric, or risk being swept away by the rising tide of conscious capitalism. The future belongs to those who do good, not just those who do well!
Collaborative Entrepreneurship: Collaboration and community-driven ventures will rise in prominence. Shared workspaces, cooperatives, and peer-to-peer platforms will gain traction, challenging the traditional top-down corporate structure.
Picture the corporate pyramid crumbling as the cosmic crane hoists the collaborative flag! Uranus, the revolutionary, encourages a seismic shift: from isolated silos to thriving beehives. Shared workspaces buzz with creative collisions, cooperatives blossom out of shared passions, and peer-to-peer platforms become the new marketplace, fueled by trust and mutual aid. The top-down hierarchy shivers as horizontal networks rise, blurring the lines between boss and worker, replacing command with consensus. Collaboration takes center stage, not competition, as communities band together to tackle challenges and build innovative solutions. So, entrepreneurs, shed your solopreneur capes and embrace the power of the collective! In this new social business ecosystem, where synergy triumphs over supremacy, the future belongs to those who share, empower, and co-create a brighter tomorrow. Let the collaborative revolution begin!
Focus on Personal Values: Individuals will increasingly prioritize work that aligns with their personal values and passions. Entrepreneurship fueled by purpose and authenticity will flourish, shaping a more diverse and fulfilling business landscape.
Prepare for a workplace metamorphosis! Uranus, the cosmic butterfly, flutters wings of purpose, urging individuals to shed the career chrysalis and soar towards fulfilling their true potential. Gone are the days of soul-sucking jobs; now, personal values take center stage as the compass guiding career choices. Imagine passionate bakers opening community cafes, eco-conscious designers launching upcycled fashion lines, and tech whizzes crafting apps that tackle social issues. Authenticity becomes the new currency, with entrepreneurs weaving their passions into the fabric of their ventures, creating a mosaic of purpose-driven businesses that cater to every corner of the human experience. This isn’t just a career shift, it’s a heart shift, transforming the business landscape into a vibrant tapestry of diverse talents and fulfilled souls. So, listen to your inner compass, embrace your unique spark, and let your passion ignite the world — the future of work belongs to those who dare to be true to themselves!
Tips for Navigating the Cosmic Chaos:
Embrace innovation: Don’t cling to the old ways. Stay open to new technologies, trends, and business models. Be curious, explore, and experiment.
Adapt and evolve: Be prepared to change course quickly. Agility and responsiveness will be key to success in this dynamic environment.
Prioritize sustainability and ethics: Integrate environmental and social responsibility into your business practices. Consumers and investors are increasingly drawn to values-driven companies.
Collaborate and connect: Build partnerships, join communities, and leverage the power of collective action. Collaboration will be crucial for navigating the changing landscape.
Follow your passion: Don’t be afraid to pursue your entrepreneurial dreams. Uranus encourages authenticity and purpose-driven ventures.
Remember, Uranus isn’t about chaos for chaos’ sake. It’s about dismantling outdated structures and paving the way for a more progressive, sustainable, and fulfilling economic future. By embracing the change, staying adaptable, and aligning your business with your values, you can not only survive this cosmic revolution but thrive in the exciting new world it creates. So, let your inner rebel loose, embrace the disruption, and ride the wave of innovation — the economic future is bright for those who dare to dream big!
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mostlysignssomeportents · 2 years ago
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What comes after neoliberalism?
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In his American Prospect editorial, “What Comes After Neoliberalism?”, Robert Kuttner declares “we’ve just about won the battle of ideas. Reality has been a helpful ally…Neoliberalism has been a splendid success for the top 1 percent, and an abject failure for everyone else”:
https://prospect.org/economy/2023-03-28-what-comes-after-neoliberalism/
If you’d like an essay-formatted version of this post to read or share, here’s a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
https://pluralistic.net/2023/03/28/imagine-a-horse/#perfectly-spherical-cows-of-uniform-density-on-a-frictionless-plane
Kuttner’s op-ed is a report on the Hewlett Foundation’s recent “New Common Sense” event, where Kuttner was relieved to learn that the idea that “the economy would thrive if government just got out of the way has been demolished by the events of the past three decades.”
We can call this neoliberalism, but another word for it is economism: the belief that politics are a messy, irrational business that should be sidelined in favor of a technocratic management by a certain kind of economist — the kind of economist who uses mathematical models to demonstrate the best way to do anything:
https://pluralistic.net/2022/10/27/economism/#what-would-i-do-if-i-were-a-horse
These are the economists whose process Ely Devons famously described thus: “If economists wished to study the horse, they wouldn’t go and look at horses. They’d sit in their studies and say to themselves, ‘What would I do if I were a horse?’”
Those economists — or, if you prefer, economismists — are still around, of course, pronouncing that the “new common sense” is nonsense, and they have the models to prove it. For example, if you’re cheering on the idea of “reshoring” key industries like semiconductors and solar panels, these economismists want you to know that you’ve been sadly misled:
https://foreignpolicy.com/2023/03/24/economy-trade-united-states-china-industry-manufacturing-supply-chains-biden/
Indeed, you’re “doomed to fail”:
https://www.piie.com/blogs/trade-and-investment-policy-watch/high-taxpayer-cost-saving-us-jobs-through-made-america
Why? Because onshoring is “inefficient.” Other countries, you see, have cheaper labor, weaker environmental controls, lower taxes, and the other necessities of “innovation,” and so onshored goods will be more expensive and thus worse.
Parts of this position are indeed inarguable. If you define “efficiency” as “lower prices,” then it doesn’t make sense to produce anything in America, or, indeed, any country where there are taxes, environmental regulations or labor protections. Greater efficiencies are to be had in places where children can be maimed in heavy machinery and the water and land poisoned for a millions years.
In economism, this line of reasoning is a cardinal sin — the sin of caring about distributional outcomes. According to economism, the most important factor isn’t how much of the pie you’re getting, but how big the pie is.
That’s the kind of reasoning that allows economismists to declare the entertainment industry of the past 40 years to be a success. We increased the individual property rights of creators by expanding copyright law so it lasts longer, covers more works, has higher statutory damages and requires less evidence to get a payout:
https://chokepointcapitalism.com/
At the same time, we weakened antitrust law and stripped away limits on abusive contractual clauses, which let (for example) three companies acquire 70% of all the sound recording copyrights in existence, whose duration is effectively infinite (the market for sound recordings older than 90 is immeasurably small).
This allowed the Big Three labels to force Spotify to take them on as co-owners, whereupon they demanded lower royalties for the artists in their catalog, to reduce Spotify’s costs and make it more valuable, which meant more billions when it IPOed:
https://pluralistic.net/2022/09/12/streaming-doesnt-pay/#stunt-publishing
Monopoly also means that all those expanded copyrights we gave to creators are immediately bargained away as a condition of passing through Big Content’s chokepoints — giving artists the right to control sampling is just a slightly delayed way of giving labels the right to control sampling, and charge artists for the samples they use:
https://doctorow.medium.com/united-we-stand-61e16ec707e2
(In the same way that giving creators the right to decide who can train a “Generative AI” with their work will simply transfer that right to the oligopolists who have the means, motive and opportunity to stop paying artists by training models on their output:)
https://pluralistic.net/2023/02/09/ai-monkeys-paw/#bullied-schoolkids
After 40 years of deregulation, union busting, and consolidation, the entertainment industry as a whole is larger and more profitable than ever — and the share of those profits accruing to creative workers is smaller, both in real terms and proportionally, and it’s continuing to fall.
Economismists think that you’re stupid if you care about this, though. If you’re keeping score on “free markets” based on who gets how much money, or how much inequality they produce, you’re committing the sin of caring about “distributional effects.”
Smart economismists care about the size of the pie, not who gets which slice. Unsurprisingly, the greatest advocates for economism are the people to whom this philosophy allocates the biggest slices. It’s easy not to care about distributional effects when your slice of the pie is growing.
Economism is a philosophy grounded in “efficiency” — and in the philosophical sleight-of-hand that pretends that there is an objective metric called “efficiency” that everyone can agree with. If you disagree with economismists about their definition of “efficiency” then you’re doing “politics” and can be safely ignored.
The “efficiency” of economism is defined by very simple metrics, like whether prices are going down. If Walmart can force wage-cuts on its suppliers to bring you cheaper food, that’s “efficient.” It works well.
But it fails very, very badly. The high cost of low prices includes the political dislocation of downwardly mobile farmers and ag workers, which is a classic precursor to fascist uprisings. More prosaically, if your wages fall faster than prices, then you are experiencing a net price increase.
The failure modes of this efficiency are endless, and we keep smashing into them in ghastly and brutal ways, which goes a long way to explaining the “new commons sense” Kuttner mentions (“Reality has been a helpful ally.”) For example, offshoring high-tech manufacturing to distant lands works well, but fails in the face of covid lockdowns:
https://locusmag.com/2020/07/cory-doctorow-full-employment/
Allowing all the world’s shipping to be gathered into the hands of three cartels is “efficient” right up to the point where they self-regulate their way into “efficient” ships that get stuck in the Suez canal:
https://pluralistic.net/2021/03/29/efficient-markets-hypothesis/#too-big-to-sail
It’s easy to improve efficiency if you don’t care about how a system fails. I can improve the fuel-efficiency of every airplane in the sky right now: just have them drop their landing gear. It’ll work brilliantly, but you don’t want to be around when it starts to fail, brother.
The most glaring failure of “efficiency” is the climate emergency, where the relative ease of extracting and burning hydrocarbons was pursued irrespective of the incredible costs this imposes on the world and our species. For years, economism’s position was that we shouldn’t worry about the fact that we were all trapped in a bus barreling full speed for a cliff, because technology would inevitably figure out how to build wings for the bus before we reached the cliff’s edge:
https://locusmag.com/2022/07/cory-doctorow-the-swerve/
Today, many economismists will grudgingly admit that putting wings on the bus isn’t quite a solved problem, but they still firmly reject the idea of directly regulating the bus, because a swerve might cause it to roll and someone (in the first class seats) might break a leg.
Instead, they insist that the problem is that markets “mispriced” carbon. But as Kuttner points out: “It wasn’t just impersonal markets that priced carbon wrong. It was politically powerful executives who further enriched themselves by blocking a green transition decades ago when climate risks and self-reinforcing negative externalities were already well known.”
If you do economics without doing politics, you’re just imagining a perfectly spherical cow on a frictionless plane — it’s a cute way to model things, but it’s got limited real-world applicability. Yes, politics are squishy and hard to model, but that doesn’t mean you can just incinerate them and do math on the dubious quantitative residue:
https://locusmag.com/2021/05/cory-doctorow-qualia/
As Kuttner writes, the problem of ignoring “distributional” questions in the fossil fuel market is how “financial executives who further enriched themselves by creating toxic securities [used] political allies in both parties to block salutary regulation.”
Deep down, economismists know that “neoliberalism is not about impersonal market forces. It’s about power.” That’s why they’re so invested in the idea that — as Margaret Thatcher endlessly repeated — “there is no alternative”:
https://pluralistic.net/2021/11/08/tina-v-tapas/#its-pronounced-tape-ass
Inevitabilism is a cheap rhetorical trick. “There is no alternative” is a demand disguised as a truth. It really means “Stop trying to think of an alternative.”
But the human race is blessed with a boundless imagination, one that can escape the prison of economism and its insistence that we only care about how things work and ignore how they fail. Today, the world is turning towards electrification, a project of unimaginable ambition and scale that, nevertheless, we are actively imagining.
As Robin Sloan put it, “Skeptics of solar feasi­bility pantomime a kind of technical realism, but I think the really technical people are like, oh, we’re going to rip out and replace the plumbing of human life on this planet? Right, I remember that from last time. Let’s gooo!”
https://www.robinsloan.com/newsletters/room-for-everybody/
Sloan is citing Deb Chachra, “Every place in the world has sun, wind, waves, flowing water, and warmth or coolness below ground, in some combination. Renewable energy sources are a step up, not a step down; instead of scarce, expensive, and polluting, they have the potential to be abundant, cheap, and globally distributed”:
https://tinyletter.com/metafoundry/letters/metafoundry-75-resilience-abundance-decentralization
The new common sense is, at core, a profound liberation of the imagination. It rejects the dogma that says that building public goods is a mystic art lost along with the secrets of the pyramids. We built national parks, Medicare, Medicaid, the public education system, public libraries — bold and ambitious national infrastructure programs.
We did that through democratically accountable, muscular states that weren’t afraid to act. These states understood that the more national capacity the state produced, the more things it could do, by directing that national capacity in times of great urgency. Self-sufficiency isn’t a mere fearful retreat from the world stage — it’s an insurance policy for an uncertain future.
Kuttner closes his editorial by asking what we call whatever we do next. “Post-neoliberalism” is pretty thin gruel. Personally, I like “pluralism” (but I’m biased).
Have you ever wanted to say thank you for these posts? Here's how you can do that: I'm kickstarting the audiobook for my next novel, a post-cyberpunk anti-finance finance thriller about Silicon Valley scams called Red Team Blues. Amazon's Audible refuses to carry my audiobooks because they're DRM free, but crowdfunding makes them possible.
http://redteamblues.com
[Image ID: Air Force One in flight; dropping away from it are a parachute and its landing gear.]
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