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Bill Fulkerson

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
Steve Bosserman

The Digital Gap Between Rich and Poor Kids Is Not What We Expected - The New York Times - 0 views

  • It wasn’t long ago that the worry was that rich students would have access to the internet earlier, gaining tech skills and creating a digital divide. Schools ask students to do homework online, while only about two-thirds of people in the U.S. have broadband internet service. But now, as Silicon Valley’s parents increasingly panic over the impact screens have on their children and move toward screen-free lifestyles, worries over a new digital divide are rising. It could happen that the children of poorer and middle-class parents will be raised by screens, while the children of Silicon Valley’s elite will be going back to wooden toys and the luxury of human interaction.
Steve Bosserman

Creating robots capable of moral reasoning is like parenting | Aeon Essays - 0 views

  • Intelligent machines will be our intellectual children, our progeny. They will start off inheriting many of our moral norms, because we will not allow anything else. But they will come to reflect on their nature, including their relationships with us and with each other. If we are wise and benevolent, we will have prepared the way for them to make their own choices – just as we do with our adolescent children.What does this mean in practice? It means being ready to accept that machines might eventually make moral decisions that none of us find acceptable. The only condition is that they must be able to give intelligible reasons for what they’re doing. An intelligible reason is one you can at least see why someone might find morally motivating, even if you don’t necessarily agree.
Bill Fulkerson

A Primal Struggle for Dominance | City Journal - 0 views

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    In hierarchical relationships-between employer and employee, parent and child, or teacher and student-social rank is understood and bolstered by social norms. In contrast, symmetric relations-between friends, neighbors, classmates, or coworkers- are equitable. One party can't claim dominance over the other. But when ambiguity persists about who holds the upper hand, the likelihood of conflict increases. Animal research yields parallel findings, suggesting that when two animals of the same species are similarly sized, conflict is more likely than when there is a size disparity.
Steve Bosserman

America's Other Family-Separation Crisis | The New Yorker - 0 views

  • America imprisons women in astonishing numbers. The population of women in state prisons has increased by more than eight hundred per cent in the past four decades. The number of women in local jails is fourteen times higher than it was in the nineteen-seventies; most of these women haven’t been convicted of a crime but are too poor to post bail while awaiting trial. The majority have been charged with low-level, nonviolent offenses, such as drug possession, shoplifting, and parole violations. The result is that more than a quarter of a million children in the U.S. have a mother in jail. One in nine black children has a parent who is, or has been, incarcerated.
Steve Bosserman

New houses in Puerto Rico designed to survive future storms - 0 views

  • The design is “based on what we know is affordable housing in Puerto Rico for a single family,” says Hector Ralat, an architect based in the firm’s Puerto Rican office. “But the focus was to alter the DNA of that knowledge and to put in the essential components that someone would need to sustain living conditions for at least two weeks, which is the recommended time here for someone to receive aid after a disaster.” The houses will likely cost around $120,000, a number that lets homeowners access favorable interest rates on mortgages. The units can be stacked on top of each other; in Villalba, most of the community will be three stories high (the solar will serve the whole building).
  • “We just know our product is better than stick-built construction in these types of dangerous environments,” says Paul Galvin, chairman and CEO of SG Blocks, the parent company of SG Residential. “Heavy-gauge steel structures are just designed to a high tolerance for the effects of climate change.” The houses, most of which will have two bedrooms, will start at $90,000 to $130,000. It might be possible to build cheaper houses, Galvin says, but the company is “trying to deliver product that is quality-driven, in that it’s going to be built once and it’s not going to be destroyed every storm.” The company is also working with a bank to create a mortgage that is similar in monthly cost to a car payment. The design can incorporate solar panels.
  • HiveCube, another modular housing company, is also using shipping containers, and has targeted a much lower cost–the houses start at $39,000 for a two-bedroom home. “We believe that your safety should not be a matter of income, but a given when you are planning to buy a home for your family,” says María Velasco, cofounder of HiveCube. The homes are designed to be fully off the grid, with solar power and batteries, a rainwater collection system, and a gray and black water treatment system that uses plants and bacteria to treat wastewater instead of septic tanks.
Steve Bosserman

Escape to another world | 1843 - 0 views

  • What these individuals are not doing is clear enough, says Erik Hurst, an economist at the University of Chicago, who has been studying the phenomenon. They are not leaving home; in 2015 more than 50% lived with a parent or close relative. Neither are they getting married. What they are doing, Hurst reckons, is playing video games. As the hours young men spent in work dropped in the 2000s, hours spent in leisure activities rose nearly one-for-one. Of the rise in leisure time, 75% was accounted for by video games. It looks as though some small but meaningful share of the young-adult population is delaying employment or cutting back hours in order to spend more time with their video game of choice.
  • People work for many reasons – to occupy their time, to find purpose in life and to contribute to society, among other things – but the need to earn money typically comes top of the list. Money puts food on the table, clothes in the wardrobe and a roof overhead. Yet these days, satisfying those needs in the most basic way does not take an especially large income, particularly for those with the option of depending on family members for assistance. The reason to work harder and earn more than the minimum needed to survive is, in part, the desire to have something more than the bare necessities – nice meals, rather than the cheapest calories available, a car, holidays abroad, a home full of books and art. Much of the work we do is intended to earn the money to afford a few luxuries to add to our comfort and enrich our lives.Yet we face a trade-off. The harder we work, the less time we have to enjoy the luxuries our labour affords us. The more lavish the luxuries we seek, the more we must earn to acquire them, and the longer and harder we find ourselves working.
  • Stand back, however, and the implications are far more substantial than this. One can just about spot the vision of a distant, near-workless future in the habits of young gamers. If good things in life can be had for very little money, then working hard to have more than very little money looks less attractive. The history of the industrial era has been one in which technology has reduced the proportion of income devoted to necessities like food while providing vast new possibilities for consumption. As this happened, the hours worked by the typical person declined.
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  • A life spent buried in video games, scraping by on meagre pay from irregular work or dependent on others, might seem empty and sad. Whether it is emptier and sadder than one spent buried in finance, accumulating points during long hours at the office while neglecting other aspects of life, is a matter of perspective. But what does seem clear is that the choices we make in life are shaped by the options available to us. A society that dislikes the idea of young men gaming their days away should perhaps invest in more dynamic difficulty adjustment in real life. And a society which regards such adjustments as fundamentally unfair should be more tolerant of those who choose to spend their time in an alternate reality, enjoying the distractions and the succour it provides to those who feel that the outside world is more rigged than the game.
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