Evolution of The Piketty Gap and The Kemet Equilirium

“The expectation of continued happiness in a dynamic world will always end in disappointment. But to bring ourselves to a comfortable state in life, Amun Ra, in His wisdom, has favored us with an opportunity under the heavens. Let us seize the sacred chance or else the burden of labor and sorrow fill our world. The Gods have granted us health and strength that we may always have something to do; no one was sent into the world by the Ancestors to be idle.”

Imhotep

Every once in the long drudgery of history, economies suffer a shock to their structure when new and more efficient ways of doing things evolve. New technology always increases productivity, but whether that increase in productivity goes to benefit the masses is the sublime task of a government.

A gap, The Piketty Gap, ensues. The return on investment begins to outmatch the overall economic growth. High initial productivity is the culprit. And new feasible technology is the driver.

Individuals or workers and the government, may be unprepared, and fall prey to the whims and caprices of those with capital, those with an ability to invest and reap immense profits.

When the gap widens, the masses suffer, chaos emerges with a concomitantly high unemployment at the heart of it.

Newer technologies are continually employed to reduce labor and the cost of labor, which affect job creation. The unemployment crisis is further exacerbated, even though investor profits surge.

It is a shock a vibrant economy must absorb if it must survive. An effort must be made to transition quickly towards equilibrium. The Kemet Equilibrium, where workers’ skills and education, and technical prowess are on par with current technology must become the goal of any serious government.

Government must be willing to intervene with adequate reforms – mainly in tax reforms and in educational reforms – so that the day-to-day experience of the average individual does not become meaningless.

With workers newly equipped with technical skills and a strong education, jobs will be created where none existed. Small businesses flourish, big businesses diversify, jobs grow, unemployment falls and an economy fast approaches the Kemet Equilibrium.

However, a lackadaisical government that does not implement the reforms necessary for a nation’s economy to recover, free falls into a recession. The upgrade of workers’ skills, the reformed education vital for training new workers for the market, and the taxing of high corporate profits to modify and build new infrastructure will lag terribly behind increasing productivity.

As such, only a few workers who have become well trained can command jobs that pay at the same level of the growth on the return on investment. Quickening automation will give rise to fewer and fewer workers with the prerequisite qualifications who are able to maintain jobs that require increasing skill.

A recession is often inevitable and painful, which further concentrates capital and land in the hands of a few. This few individuals or corporations immediately and emphatically impose their will on markets.

A serious government must play the key role with new educational reforms for training workers with the prerequisite skills to take advantage of the new economy.

However, this rational may not hold in a fundamentally racist country, say the USA, or a fundamentally ethnocentric country like The Sudan or Israel. The factors that come to play in such countries are more complex.

In a recession with high productivity the race of people or ethnic group that finds itself pegged with larger returns on investment is apt to protect that status at all costs.

Returning to the Kemet Equilibrium may take much longer for such countries, or it may never happen.

And without equilibrium, it is practically impossible for a country to engineer a next phase, or a new age of technological or industrial advancement. Such a nation faces overtaking by other nations that reach the equilibrium faster.

African society is a prime example of a nation that has trudged along the path to reaching equilibrium, and has not. During the advent of new technologies in Africa, governments failed to appreciate the task. Africa’s educational policy did not evolve with the times.

She had invented the gun powder, steel making, city planning, even the toilet and washroom, and various forms of surgery, which should have propelled the continent into an industrial age even during more recent episodes in the 1200s and 1300s.

But such knowledge and technology were restricted to her Religious Temples. And with less and less communication between the Temples, Africa was faced with an educational extinction of her masses. Though some of these Temples flourished in science and theology, others dabbled in mysticism.

The lack of communication led to a lack of peer review of new knowledge, less and less fact checking and inadequate literature reviews. Consequently, the masses were cut from new information and invariably, the necessary education.

Thus, the Piketty Gap, once it had been ignited, persisted for hundreds of years.

Modern Europe followed a different trajectory. Having borrowed from mostly African and Arabic technology, Europe quickly made mainstream education a priority in various states.

Books will come to underscore Europe’s cultural ethos. Peer reviews, literature reviews, and fact checking were encouraged – highly stressing Kemet’s Scientific Method, which had hitherto become a sacred way of thinking restricted to some of Africa’s Temples – and this spurred a new era of scientific innovation.

European masses quickly upgraded their skills and even modified their mentality. Europe matched towards the Kemet Equilibirum, where highly skilled workers were able to find jobs and even created new jobs where there were none. Even when workers couldn’t find nor create jobs, they left their shores in search for new opportunity.

Within that vicinity of the Kemet Equilibrium, it was possible for Europe to master Africa’s Scientific Method, African technology, improve it, and forge newer and newer technologies through the mass education of its citizens, while Africa became stooped in religious fervor, and worse, in mysticism, and the society become permeated with an unequal distribution of wealth.

Economic advancement inevitably ensued in Europe and it was able to overtake the world quickly and swiftly, albeit not without siphoning Africa’s natural and human resources to oil its industrial machine.

Today, that balance of power in Europe and now in America is under a similar threat – a threat from within – that is fueled by capitalism or gluttony. Perhaps, this is invariably a good sign for a more benign emerging economy that is poised to influence the world more constructively. The EU and the USA are faced with a new Piketty Gap and they do not seem ready to return to the Kemet Equilibrium any sooner.

Africa by and large may have learned her lesson. Her Piketty Gap has persisted for centuries and counting. But she must begin to show that she has learned from it, with an increased emphasis on education, science and technology for the masses.

Only then can Africa shake off the parasitic relationship she has with the USA, with the EU, and now even with China. The more quickly African states can return to that Kemet Equilibrium the better.

The Sun is still shinning on us. Perhaps, reminding us that there is a time appointed unto all things under the heavens. There has never been a more urgent moment in our history. Amun Ra has given us some strength. Let us make hay while this Sun shines.