Municipalism is nothing other than
thousands of neighbours coming together in a joint effort to build a new model
for their city. In the summer of 2014 a set of initiatives necessary for
staging a so-called institutional assault were already appearing in
several Spanish cities: the municipalist movements. These departed from
existing common grounds in their desire to overcome the two-party system, end
with corruption, and democratise the local councils.
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The Cavemen Capitalist: how wealth was created from nothing - 0 views
Why So Many American Children Respect Nothing - 0 views
Why a 400-Year Program of Modernist Thinking is Exploding | naked capitalism - 0 views
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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
When People And Societies Change | Ian Welsh - 0 views
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"The other way people change is just by being young. Neoliberalism, shit that it is, worked for a lot of people. A lot of people got reasonably wealthy off it because it raised asset prices massively, both in the stock market and in housing, and if you were in place or able to take advantage of those things, you got a lot of money doing basically nothing."
Balancing Epistemic Humility and Prior Knowledge - Insight - 0 views
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This virus wasn't something we knew nothing about. There was so much we knew, from day one, including because of SARS, the previous almost-pandemic that was also a similar coronavirus. We could have used that vital pre-information better if we had matched the requisite epistemic humility that a pandemic requires-an acknowledgement that we aren't certain of anything-with an insistence that this situation wasn't a blank slate. We could have utilized our prior knowledge to plan ahead, while not letting go of the uncertainty-taking thoughtful steps but without overstating our confidence.
The Fischer Random Chess Stock Market - Vitaliy Katsenelson Contrarian Edge - 0 views
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There is a parallel between today's stock market and Fischer random chess. The last time we faced a global pandemic was in 1918, and this might as well have been in the BC era. Few of us were alive then, but even the history books are not that useful, as the structure of the US and global economy, the central bank system, the diversity and dynamism of society, and the state of technological progress are nothing like the world knew then. Most of the mental models we as investors rely on are based on an environment that no longer exists. The only common denominator between now and then is that humans have not really changed that much - it takes a few millennia to rewire our DNA and thus our fundamental behavior.
An assault to the skies: the municipalist movement's affair with Podemos | openDemocracy - 0 views
The Problem With 'Self-Investigation' in a Post-Truth Era - The New York Times - 0 views
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But somewhere along the way, the democratization of the flow of information became the democratization of the flow of disinformation. The distinction between fact and fiction was erased, creating a sprawling universe of competing claims. The internet can’t route around censorship when the people who use it remain in their own closed information loops, which is nothing more than self-imposed censorship.
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The great promise of the internet was that it would bring democracies together, giving more people more access to more information, all beyond the control of any single authority. Curious citizens could develop a more nuanced understanding of what was going on; voters would be better informed; we would ferret out the truth from the bottom up and greater freedom would be the inevitable result
The idea of intellectual property is nonsensical and pernicious - Samir Chopra | Aeon E... - 0 views
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A general term is useful only if it subsumes related concepts in such a way that semantic value is added. If our comprehension is not increased by our chosen generalised term, then we shouldn’t use it. A common claim such as ‘they stole my intellectual property’ is singularly uninformative, since the general term ‘intellectual property’ obscures more than it illuminates. If copyright infringement is alleged, we try to identify the copyrightable concrete expression, the nature of the infringement and so on. If patent infringement is alleged, we check another set of conditions (does the ‘new’ invention replicate the design of the older one?), and so on for trademarks (does the offending symbol substantially and misleadingly resemble the protected trademark?) and trade secrets (did the enterprise attempt to keep supposedly protected information secret?) The use of the general term ‘intellectual property’ tells us precisely nothing.
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Property is a legally constructed, historically contingent, social fact. It is founded on economic and social imperatives to distribute and manage material resources – and, thus, wealth and power. As the preface to a legal textbook puts it, legal systems of property ‘confer benefits and impose burdens’ on owners and nonowners respectively. Law defines property. It circumscribes the conditions under which legal subjects may acquire, and properly use and dispose of their property and that of others. It makes concrete the ‘natural right’ of holding property. Different sets of rules create systems with varying allocations of power for owners and others. Some grants of property rights lock in, preserve and reinforce existing relations of race, class or gender, stratifying society and creating new, entrenched, propertied classes. Law makes property part of our socially constructed reality, reconfigurable if social needs change.
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‘Property’ is a legal term with overwhelming emotive, expressive and rhetorical impact. It is regarded as the foundation of a culture and as the foundation of an economic system. It pervades our moral sense, our normative order. It has ideological weight and propaganda value. To use the term ‘intellectual property’ is to partake of property’s expressive impact in an economic and political order constructed by property’s legal rights. It is to suggest that if property is at play, then it can be stolen, and therefore must be protected with the same zeal that the homeowner guards her home against invaders and thieves.
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We are heading for a New Cretaceous, not for a new normal | Aeon Ideas - 0 views
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So while we prattle about ‘the new normal’, we need to recognise that there was nothing ‘normal’ about the Holocene. Expert analysis of how human civilisation developed during the Holocene’s 10,000-year benign spell is only now becoming common knowledge. The geneticist David Reich leads the way, with his myth-busting account Who We Are and How We Got Here (2018), using research based on ancient DNA to link human movement with language development. Such deep knowledge of the period argues that our problem is not confined to post-industrial-era CO2 emissions (global warming, in any case, probably began with forest clearance for early agriculture), but insists that the Holocene was a freakish gift to humanity that we have exploited and taken for granted. We are now assisting at its funeral.
It wasn't just hate. Fascism offered robust social welfare - Sheri Berman | Aeon Ideas - 0 views
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There can be no question that violence and racism were essential traits of fascism. But for most Italians, Germans and other European fascists, the appeal was based not on racism, much less ethnic cleansing, but on the fascists’ ability to respond effectively to crises of capitalism when other political actors were not. Fascists insisted that states could and should control capitalism, that the state should and could promote social welfare, and that national communities needed to be cultivated. The fascist solution ultimately was, of course, worse than the problem. In response to the horror of fascism, in part, New Deal Democrats in the United States, and social democratic parties in Europe, also moved to re-negotiate the social contract. They promised citizens that they would control capitalism and provide social welfare policies and undertake other measures to strengthen national solidarity – but without the loss of freedom and democracy that fascism entailed.
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The lesson for the present is clear: you can’t beat something with nothing. If other political actors don’t come up with more compelling solutions to the problems of capitalism, the popular appeal of the resurgent Right-wing will continue. And then the analogy with fascism and democratic collapse of the interwar years might prove even more relevant than it is now.
Are we living in a post-truth era? Yes, but that's because we're a post-truth species. - 0 views
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A cursory look at history reveals that propaganda and disinformation are nothing new. In fact, humans have always lived in the age of post-truth. Homo sapiens is a post-truth species, who conquered this planet thanks above all to the unique human ability to create and spread fictions. We are the only mammals that can cooperate with numerous strangers because only we can invent fictional stories, spread them around, and convince millions of others to believe in them. As long as everybody believes in the same fictions, we all obey the same laws and can thereby cooperate effectively.
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The truth is, truth has never been high on the agenda of Homo sapiens. If you stick to unalloyed reality, few people will follow you. False stories have an intrinsic advantage over the truth when it comes to uniting people. If you want to gauge group loyalty, requiring people to believe an absurdity is a far better test than asking them to believe the truth. If the chief says the sun rises in the west and sets in the east, only true loyalists will clap their hands. Similarly, if all your neighbors believe the same outrageous tale, you can count on them to stand together in times of crisis. If they are willing to believe only accredited facts, what does that prove?
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Yet the difference between holy books and money is far smaller than it might seem. When most people see a dollar bill, they forget that it is just a human convention. As they see the green piece of paper with the picture of the dead white man, they see it as something valuable in and of itself. They hardly ever remind themselves, “Actually, this is a worthless piece of paper, but because other people view it as valuable, I can make use of it.” If you observed a human brain in an fMRI scanner, you would see that as someone is presented with a suitcase full of hundred-dollar bills, the parts of the brain that start buzzing with excitement are not the skeptical parts but the greedy parts. Conversely, in the vast majority of cases people begin to sanctify the Bible or the Vedas only after long and repeated exposure to others who view it as sacred. We learn to respect holy books in exactly the same way we learn to respect paper currency.
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