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" Fearless commentary on finance, economics, politics and power Follow yvessmith on Twitter Feedburner RSS Feed RSS Feed for Comments Subscribe via Email SUBSCRIBE Recent Items Links 3/11/17 - 03/11/2017 - Yves Smith Deutsche Bank Tries to Stay Alive - 03/11/2017 - Yves Smith John Helmer: Australian Government Trips Up Ukrainian Court Claim of MH17 as Terrorism - 03/11/2017 - Yves Smith 2:00PM Water Cooler 3/10/2017 - 03/10/2017 - Lambert Strether Why a 400-Year Program of Modernist Thinking is Exploding - 03/10/2017 - Yves Smith Links 3/10/17 - 03/10/2017 - Yves Smith Why It Will Take a Lot More Than a Smartphone to Get the Sharing Economy Started - 03/10/2017 - Yves Smith CalPERS' General Counsel Railroads Board on Fiduciary Counsel Selection - 03/10/2017 - Yves Smith Another Somalian Famine - 03/10/2017 - Yves Smith Trade now with TradeStation - Highest rated for frequent traders Why a 400-Year Program of Modernist Thinking is Exploding Posted on March 10, 2017 by Yves Smith By Lynn Parramore, Senior Research Analyst at the Institute for New Economic Thinking. Originally published at the Institute for New Economic Thinking website Across the globe, a collective freak-out spanning the whole political system is picking up steam with every new "surprise" election, rush of tormented souls across borders, and tweet from the star of America's great unreality show, Donald Trump. But what exactly is the force that seems to be pushing us towards Armageddon? Is it capitalism gone wild? Globalization? Political corruption? Techno-nightmares? Rajani Kanth, a political economist, social thinker, and poet, goes beyond any of these explanations for the answer. In his view, what's throwing most of us off kilter - whether we think of ourselves as on the left or right, capitalist or socialist -was birthed 400 years ago during the period of the Enlightenment. It's a set of assumptions, a particular way of looking at the world that pushed out previous modes o

"With each interaction, Alexa is training to hear better, to interpret more precisely, to trigger actions that map to the user's commands more accurately, and to build a more complete model of their preferences, habits and desires. What is required to make this possible? Put simply: each small moment of convenience - be it answering a question, turning on a light, or playing a song - requires a vast planetary network, fueled by the extraction of non-renewable materials, labor, and data. The scale of resources required is many magnitudes greater than the energy and labor it would take a human to operate a household appliance or flick a switch. A full accounting for these costs is almost impossible, but it is increasingly important that we grasp the scale and scope if we are to understand and govern the technical infrastructures that thread through our lives. III The Salar, the world's largest flat surface, is located in southwest Bolivia at an altitude of 3,656 meters above sea level. It is a high plateau, covered by a few meters of salt crust which are exceptionally rich in lithium, containing 50% to 70% of the world's lithium reserves. 4 The Salar, alongside the neighboring Atacama regions in Chile and Argentina, are major sites for lithium extraction. This soft, silvery metal is currently used to power mobile connected devices, as a crucial material used for the production of lithium-Ion batteries. It is known as 'grey gold.' Smartphone batteries, for example, usually have less than eight grams of this material. 5 Each Tesla car needs approximately seven kilograms of lithium for its battery pack. 6 All these batteries have a limited lifespan, and once consumed they are thrown away as waste. Amazon reminds users that they cannot open up and repair their Echo, because this will void the warranty. The Amazon Echo is wall-powered, and also has a mobile battery base. This also has a limited lifespan and then must be thrown away as waste. According to the Ay

Many books have been written about our cosmic origins: the creation of the universe 13.8 billion years ago; the Big Bang and all that followed. The denouement, presumably tens of billions of years away, remains comparatively mysterious. How does it all end? For that matter, does it all end, or can we keep on in our merry way indefinitely? In "The End of Everything: (Astrophysically Speaking)," Mack, a theoretical cosmologist at North Carolina State University, attempts to answer what might seem the most remote of scientific questions.

"Design thinking is an abductive approach to complex problem solving that leverages the designer's empathetic mindset in order to understand people's unarticulated needs and identify opportunities for solutions. This is a human-centered innovation process that can be applied to a wide range of challenges: design thinking can be used to create everything from products and services to business models and processes."

Slack is taking the business world by storm. More and more companies are using this communication tool-and it's becoming an increasingly robust platform due to all of the integrations being built on top of it. Now, you can do pretty much everything in Slack-from tracking how your customers use your app, to keeping tabs on company finances at a glance, to getting a daily digest of top news from around the web. Here are 20 of the Product Hunt community's most-loved Slack integrations. Trust us-once you give some of these a try, you'll wonder how you ever made it through the day without them.

"Realignment and Legitimacy "The Constitutional Crisis Is Now" [Robert Reich, The American Prospect]. "If [Trump] refuses to accept the results [the 2020] election, as he threatened to do if he lost the 2016 election, he will have to be forcefully removed from office." This is lunacy. In 2016, liberal Democrats floated the idea that "faithless electors" in the Electoral College should not appoint Trump - based on information from the "intelligence community" that the public was not allowed to see. From that day to this, liberal Democrats haven't accepted the results of 2016, which is what the "Clinton won the popular vote" amounts to. Is the inability to look in the mirror a 10%-er deformation professionnelle? "The Democratic Party unraveling is not good for America" [Ed Rogers, WaPo]. "The Democratic Party is not functioning as an umbrella organization or even a coalition. Instead, activists from Tom Steyer to George Soros to Planned Parenthood are operating independently*, doing things a political party otherwise would. These independent actors are pushing pet causes. Traditional party building isn't one of them. Campaign finance reform and communication technologies have empowered wealthy individuals and collateral groups while at the same time inhibiting parties and individual campaigns. I say this not to kick the Democratic Party while it is down but because I believe in the two-party system…. We need reforms that empower parties and candidates and diminish the influence of deep-pocketed plutocrats and narrowly focused interest groups." Rogers is a veteran of the Reagan and Bush White Houses, but he's not wrong. NOTE * Maybe. When you start thinking, it's hard to know where the boundaries of the Democrat Party really are. For example, are journalists who propagate Brock talking points in the party, or not? My instinct is to say that they are, but how is an institution with fluid boundaries like that to be named and cate