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anonymous

"The Coming Population Crash": The overpopulation myth - 0 views

  • earce argues that the world’s population is peaking. In the next century, we’re heading not for exponential growth, but a slow, steady decline. This, he claims, has the potential to massively change both our society and our planet: Children will become a rare sight, patriarchal thinking will fall by the wayside, and middle-aged culture will replace our predominant youth culture. Furthermore, Pearce explains, the population bust could be the end of our environmental woes. Fewer people making better choices about consumption could lead to a greener, healthier planet.
  • the carbon emissions of one American is the same as that of 20 Indians, 30 Pakistanis, 40 Nigerians and 250 Ethiopians. If, as economists suggest, the world economy will grow by 400 percent by 2050, then no more than a tenth of that will be a result of population growth. The issue is consumption, and that puts the onus right back on the conspicuous consumers to do something about their economic systems, not least before more developing countries follow the same model.
  • When Paul Ehrlich wrote his famous book ["The Population Bomb"], women were having an average around the world of five or six children; now they’re having an average of 2.6.
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  • Urbanization is a factor. When you’re in the countryside, your kids are an economic resource very early. They can help in the fields, they can look after the animals; there are piles of stuff they can do from the age of 4 or 5. Kids are an economic resource, which is why rural families tend to be larger.
  • thanks to advances in sanitation and medicine, women no longer need to have five or six children to make sure that two of them will live to adulthood.
  • Feminism, I suspect, is as much a consequence of falling fertility as a cause, though I am sure they reinforce each other.
  • But once you’re in cities, kids are an economic drain for much, much longer. They can’t help out in the fields because you haven’t got any fields. If they’re going to get a job, they’ve got to be educated, and in most countries that costs money.
  • see the failure of the Catholic Church: It ends up encouraging patriarchal social norms that push women toward ultra-low fertility, such as in Italy.
  • Much of the reproductive revolution happened by keeping young kids from dying. Now we need another revolution to keep the old fitter for longer.
  • If chaos theory taught us anything, it’s that societies head off in all kinds of directions we couldn’t predict. Fifty years ago, if we had taken a slightly different path in industrial chemistry and used bromine instead of chlorine, we’d have burned out the entire ozone layer before we knew what the hell was going on, and the world would have been very different. There’s always scary stuff out there that we may not know about. You can’t predict the future. You can just try and plan for it.
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    "How feminism and pop culture saved Earth from getting too crowded -- and are helping to avert planetary catastrophe" - An interesting article that's buttressed by a wide variety of easily available demographic data.
anonymous

Looking Closer » Blog Archive » Give us somebody we can blast into pieces! - 0 views

  • We’re seeing more and more movies that suggest that the world is in crisis, and that our methods for saving it are failing. We’re looking for hope in all the old familiar places, and those stories are starting to seem unsatisfying.
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    "We're seeing more and more movies that suggest that the world is in crisis, and that our methods for saving it are failing. We're looking for hope in all the old familiar places, and those stories are starting to seem unsatisfying. It used to be that we could find catharsis by demonizing another culture and making them the enemy. But globalization, technology, and an increasingly multicultural America have brought us into closer relationship with people who are different from us. It's harder for American storytellers to make scapegoats out of people who are different than us. We used to cast Russians and Japanese and Iraqis as "the Enemy." Now, we're more careful. We've learned that it's dangerous and foolish to portray another culture as thoroughly corrupt. And we're coming to see that Americans can be as corrupt as the worst of them."
anonymous

Libertarianism and Hegemony - 0 views

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    The comments are a hoot. "My views on foreign policy tend to diverge from mainstream libertarian doctrine. Take American hegemony. Many people are predicting (usually with glee) the demise of American power (see, for example, Ronald Dworkin). Regardless of the accuracy of these predictions, I think libertarians have reasons to support American global hegemony. Realistic alternatives to hegemony are the international state of nature, balance of power, and governance by an international institution such as the United Nations. The state of nature is undesirable for well-known Hobbesian reasons: defensive efforts would undermine productive cooperation. Balance of power is inherently unstable; sooner or later will morph into hegemonic power. And, at least in today's world, governance by an international institution would be plagued by legitimacy deficits and agency costs that would surely threaten liberal values. So, if we are going to have hegemony as the only arrangement capable of providing global public goods, the United States is the least bad because American institutions and culture embody liberal values. Any likely competitor is certainly to be worse for those who cherish liberal values. I believe history supports this, too: three times during the 20th century the United States saved liberal culture from onslaughts by illiberal forces. Objections to hegemony are often condemnations of means rather than ends, and I certainly agree with those where applicable. Let us concede that the United States sometimes pursues moral ends (say, helping other nations achieve freedom) with immoral means (say, bringing about unjustified collateral harm). Citizens in liberal democracies must oppose the use of immoral means, even for a good cause. However, this kind of criticism cannot be a wholesale condemnation of hegemony, because there are world powers, such as the Soviet Union, who pursue immoral ends. Surely these cannot be saved even when they use moral means (whi
anonymous

The Insidious Evils of 'Like' Culture - 2 views

  • Once, there was something called a point of view. And, after much strife and conflict, it eventually became a commonly held idea in some parts of the world that people were entitled to their own points of view.
  • Unfortunately, this idea is becoming an anachronism.
    • anonymous
       
      No, it's not.
  • A status update that is met with no likes (or a clever tweet that isn't retweeted) becomes the equivalent of a joke met with silence.
    • anonymous
       
      Maybe if you're an SEO-obsessed nutball, but for the rest of us, it's simply another kind of bookmark. Moreover, "liking" something (via button) is not the same as "liking" something (conventionally). It is often accompanied by quite a back and forth that would seem to defy this author's notion of "Like".
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  • Conversely, when we're looking at someone else's content—whether a video or a news story—we are able to see first how many people liked it and, often, whether our friends liked it. And so we are encouraged not to form our own opinion but to look to others for cues on how to feel.
    • anonymous
       
      This is certainly true, but seems to pertain only to the naive or those with the intelligence of a harp-seal.
  • "Like" culture is antithetical to the concept of self-esteem, which a healthy individual should be developing from the inside out rather than from the outside in.
  • Yet, despite all the time and effort spent amassing and catering to followers, as soon as a social network falls out of use, like MySpace, all that work collapses like a castle built of sand.
    • anonymous
       
      If your work boils down to a particular network (rather than, you know, your *work*), then this is surely true.
  • Share what makes you different from everyone else, not what makes you exactly the same. Write about what's important to you, not what you think everyone else wants to hear. Form your own opinions of something you're reading, rather than looking at the feedback for cues about what to think. And, unless you truly believe that microblogging is your art form, don't waste your time in pursuit of a quick fix of self-esteem and start focusing on your true passions.
    • anonymous
       
      People are doing this all the time - with and without the Like button. Dumbass.
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    Conformity is a new problem? Sounds like someone at the WSJ has been thinking too hard and has lost perspective. If anything, online life has made it very hard to blindly conform; the culture of debate (however debased) has forced me to be sharper and more succinct with ideas. It's not just about clicking +1. I'm not even sure what the point of the piece is, but I can't shake the picture of an old man folding his arms and harrumphing. Another bang-up article by one C. Montgomery Burns (or other appropriate analogue) at the Wall Street Journal.
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    I believe you were looking for Andy Rooney. I send his picture as a response to some of the crankier "kids these days" copy I get from people like Sands.
anonymous

A Brief History of the Corporation: 1600 to 2100 - 1 views

  • In its 400+ year history, the corporation has achieved extraordinary things, cutting around-the-world travel time from years to less than a day, putting a computer on every desk, a toilet in every home (nearly) and a cellphone within reach of every human.  It even put a man on the Moon and kinda-sorta cured AIDS.
  • The Age of Corporations is coming to an end. The traditional corporation won’t vanish, but it will cease to be the center of gravity of economic life in another generation or two.  They will live on as religious institutions do today, as weakened ghosts of more vital institutions from centuries ago.
  • this post is mostly woven around ideas drawn from five books that provide appropriate fuel for this business-first frame. I will be citing, quoting and otherwise indirectly using these books over several future posts
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  • For a long time, I was misled by the fact that 90% of the available books frame globalization and the emergence of modernity in terms of the nation-state as the fundamental unit of analysis, with politics as the fundamental area of human activity that shapes things.
  • But the more I’ve thought about it, the more I’ve been pulled towards a business-first perspective on modernity and globalization.
  • The human world, like physics, can be reduced to four fundamental forces: culture, politics, war and business.
  • Culture is the most mysterious, illegible and powerful force.
  • But one quality makes gravity dominate at large space-time scales: gravity affects all masses and is always attractive, never repulsive.  So despite its weakness, it dominates things at sufficiently large scales. I don’t want to stretch the metaphor too far, but something similar holds true of business.
  • On the scale of days or weeks, culture, politics and war matter a lot more in shaping our daily lives.
  • Business though, as an expression of the force of unidirectional technological evolution, has a destabilizing unidirectional effect. It is technology, acting through business and Schumpeterian creative-destruction, that drives monotonic, historicist change, for good or bad. Business is the locus where the non-human force of technological change sneaks into the human sphere.
  • Culture is suspicious of technology. Politics is mostly indifferent to and above it. War-making uses it, but maintains an arms-length separation.
  • Business? It gets into bed with it. It is sort of vaguely plausible that you could switch artists, politicians and generals around with their peers from another age and still expect them to function. But there is no meaningful way for a businessman from (say) 2000 BC to comprehend what Mark Zuckerberg does, let alone take over for him. Too much magical technological water has flowed under the bridge.
  • It is business that creates the world of magic, not technology itself. And the story of business in the last 400 years is the story of the corporate form.
  • There are some who treat corporate forms as yet another technology (in this case a technology of people-management), but despite the trappings of scientific foundations (usually in psychology) and engineering synthesis (we speak of organizational “design”), the corporate form is not a technology.  It is the consequence of a social contract like the one that anchors nationhood. It is a codified bundle of quasi-religious beliefs externalized into an animate form that seeks to preserve itself like any other living creature.
  • What was new was the idea of a publicly traded joint-stock corporation, an entity with rights similar to those of states and individuals, with limited liability and significant autonomy
  • two important points about this evolution of corporations.
  • The first point is that the corporate form was born in the era of Mercantilism, the economic ideology that (zero-sum) control of land is the foundation of all economic power.
  • In politics, Mercantilism led to balance-of-power models.
  • In business, once the Age of Exploration (the 16th century) opened up the world, it led to mercantilist corporations focused on trade
  • The forces of radical technological change — the Industrial Revolution — did not seriously kick until after nearly 200 years of corporate evolution (1600-1800) in a mercantilist mold.
  • Smith was both the prophet of doom for the Mercantilist corporation, and the herald of what came to replace it: the Scumpeterian corporation.
  • The corporate form therefore spent almost 200 years — nearly half of its life to date — being shaped by Mercantilist thinking, a fundamentally zero-sum way of viewing the world.
  • It was not until after the American Civil War and the Gilded Age that businesses fundamentally reorganized around (as we will see) time instead of space, which led, as we will see, to a central role for ideas and therefore the innovation function.
  • The Black Hills Gold Rush of the 1870s, the focus of the Deadwood saga, was in a way the last hurrah of Mercantilist thinking. William Randolph Hearst, the son of gold mining mogul George Hearst who took over Deadwood in the 1870s, made his name with newspapers. The baton had formally been passed from mercantilists to schumpeterians.
    • anonymous
       
      So, Mercantilism was about colonizing space. Corporatism is about colonizing time. This is a pretty useful (though arguably too-reductionist) way to latch on to the underpinning of later thoughts.
  • This divide between the two models can be placed at around 1800, the nominal start date of the Industrial Revolution, as the ideas of Renaissance Science met the energy of coal to create a cocktail that would allow corporations to colonize time.
  • The second thing to understand about the evolution of the corporation is that the apogee of power did not coincide with the apogee of reach.
  • for America, corporations employed less than 20% of the population in 1780, and over 80% in 1980, and have been declining since
  • Certainly corporations today seem far more powerful than those of the 1700s, but the point is that the form is much weaker today, even though it has organized more of our lives. This is roughly the same as the distinction between fertility of women and population growth: the peak in fertility (a per-capita number) and peak in population growth rates (an aggregate) behave differently.
  • a useful 3-phase model of the history of the corporation: the Mercantilist/Smithian era from 1600-1800, the Industrial/Schumpeterian era from 1800 – 2000 and finally, the era we are entering, which I will dub the Information/Coasean era
    • anonymous
       
      I think it would be useful to map these eras against the backdrop of my previously established Generational timeline (as well as the StratFor 50-year cycle breakdown) in order to see if there are any self-supporting model elements.
  • By a happy accident, there is a major economist whose ideas help fingerprint the economic contours of our world: Ronald Coase.
  • To a large extent, the history of the first 200 years of corporate evolution is the history of the East India Company. And despite its name and nation of origin, to think of it as a corporation that helped Britain rule India is to entirely misunderstand the nature of the beast.
  • Two images hint at its actual globe-straddling, 10x-Walmart influence: the image of the Boston Tea Partiers dumping crates of tea into the sea during the American struggle for independence, and the image of smoky opium dens in China. One image symbolizes the rise of a new empire. The other marks the decline of an old one.
  • At a broader level, the EIC managed to balance an unbalanced trade equation between Europe and Asia whose solution had eluded even the Roman empire.
  • For this scheme to work, three foreground things and one background thing had to happen: the corporation had to effectively take over Bengal (and eventually all of India), Hong Kong (and eventually, all of China, indirectly) and England.
  • The background development was simpler. England had to take over the oceans and ensure the safe operations of the EIC.
  • eventually, as the threat from the Dutch was tamed, it became clear that the company actually had more firepower at its disposal than most of the nation-states it was dealing with. The realization led to the first big domino falling, in the corporate colonization of India, at the battle of Plassey.
  • The EIC was the original too-big-to-fail corporation. The EIC was the beneficiary of the original Big Bailout. Before there was TARP, there was the Tea Act of 1773 and the Pitt India Act of 1783. The former was a failed attempt to rein in the EIC, which cost Britain the American Colonies.  The latter created the British Raj as Britain doubled down in the east to recover from its losses in the west. An invisible thread connects the histories of India and America at this point. Lord Cornwallis, the loser at the Siege of Yorktown in 1781 during the revolutionary war, became the second Governor General of India in 1786.
  • But these events were set in motion over 30 years earlier, in the 1750s. There was no need for backroom subterfuge.  It was all out in the open because the corporation was such a new beast, nobody really understood the dangers it represented.
  • there was nothing preventing its officers like Clive from simultaneously holding political appointments that legitimized conflicts of interest. If you thought it was bad enough that Dick Cheney used to work for Halliburton before he took office, imagine if he’d worked there while in office, with legitimate authority to use his government power to favor his corporate employer and make as much money on the side as he wanted, and call in the Army and Navy to enforce his will. That picture gives you an idea of the position Robert Clive found himself in, in 1757.
  • The East India bubble was a turning point.
  • Over the next 70 years, political, military and economic power were gradually separated and modern checks and balances against corporate excess came into being.
  • It is not too much of a stretch to say that for at least a century and a half, England’s foreign policy was a dance in Europe in service of the EIC’s needs on the oceans.
  • Mahan’s book is the essential lens you need to understand the peculiar military conditions in the 17th and 18th centuries that made the birth of the corporation possible.)
  • The 16th century makes a vague sort of sense as the “Age of Exploration,” but it really makes a lot more sense as the startup/first-mover/early-adopter phase of the corporate mercantilism. The period was dominated by the daring pioneer spirit of Spain and Portugal, which together served as the Silicon Valley of Mercantilism. But the maritime business operations of Spain and Portugal turned out to be the MySpace and Friendster of Mercantilism: pioneers who could not capitalize on their early lead.
  • Conventionally, it is understood that the British and the Dutch were the ones who truly took over. But in reality, it was two corporations that took over: the EIC and the VOC (the Dutch East India Company,  Vereenigde Oost-Indische Compagnie, founded one year after the EIC) the Facebook and LinkedIn of Mercantile economics respectively. Both were fundamentally more independent of the nation states that had given birth to them than any business entities in history. The EIC more so than the VOC.  Both eventually became complex multi-national beasts.
  • arguably, the doings of the EIC and VOC on the water were more important than the pageantry on land.  Today the invisible web of container shipping serves as the bloodstream of the world. Its foundations were laid by the EIC.
    • anonymous
       
      There was an excellent episode of the original Connections series that pointed this out, specifically focusing on the Dutch boats and the direct line to container ships and 747 cargo planes.
  • A new idea began to take its place in the early 19th century: the Schumpeterian corporation that controlled, not trade routes, but time. It added the second of the two essential Druckerian functions to the corporation: innovation.
  • I call this the “most misleading table in the world.”
  • corporations and nations may have been running on Mercantilist logic, but the undercurrent of Schumpeterian growth was taking off in Europe as early as 1500 in the less organized sectors like agriculture. It was only formally recognized and tamed in the early 1800s, but the technology genie had escaped.
  • The action shifted to two huge wildcards in world affairs of the 1800s: the newly-born nation of America and the awakening giant in the east, Russia. Per capita productivity is about efficient use of human time. But time, unlike space, is not a collective and objective dimension of human experience. It is a private and subjective one. Two people cannot own the same piece of land, but they can own the same piece of time.  To own space, you control it by force of arms. To own time is to own attention. To own attention, it must first be freed up, one individual stream of consciousness at a time.
  • The Schumpeterian corporation was about colonizing individual minds. Ideas powered by essentially limitless fossil-fuel energy allowed it to actually pull it off.
  • it is probably reaosonably safe to treat the story of Schumpeterian growth as an essentially American story.
  • In many ways the railroads solved a vastly speeded up version of the problem solved by the EIC: complex coordination across a large area.  Unlike the EIC though, the railroads were built around the telegraph, rather than postal mail, as the communication system. The difference was like the difference between the nervous systems of invertebrates and vertebrates.
  • If the ship sailing the Indian Ocean ferrying tea, textiles, opium and spices was the star of the mercantilist era, the steam engine and steamboat opening up America were the stars of the Schumpeterian era.
  • The primary effect of steam was not that it helped colonize a new land, but that it started the colonization of time. First, social time was colonized. The anarchy of time zones across the vast expanse of America was first tamed by the railroads for the narrow purpose of maintaining train schedules, but ultimately, the tools that served to coordinate train schedules: the mechanical clock and time zones, served to colonize human minds.  An exhibit I saw recently at the Union Pacific Railroad Museum in Omaha clearly illustrates this crucial fragment of history:
  • For all its sophistication, the technology of sail was mostly a very-refined craft, not an engineering discipline based on science.
  • Steam power though was a scientific and engineering invention.
  • Scientific principles about gases, heat, thermodynamics and energy applied to practical ends, resulting in new artifacts. The disempowerment of craftsmen would continue through the Schumpeterian age, until Fredrick Taylor found ways to completely strip mine all craft out of the minds of craftsmen, and put it into machines and the minds of managers.
  • It sounds awful when I put it that way, and it was, in human terms, but there is no denying that the process was mostly inevitable and that the result was vastly better products.
  • The Schumpeterian corporation did to business what the doctrine of Blitzkrieg would do to warfare in 1939: move humans at the speed of technology instead of moving technology at the speed of humans.
  • Blitzeconomics allowed the global economy to roar ahead at 8% annual growth rates instead of the theoretical 0% average across the world for Mercantilist zero-sum economics. “Progress” had begun.
  • Two phrases were invented to name the phenomenon: productivity meant shrinking autonomously-owned time. Increased standard of living through time-saving devices became code for the fact that the “freed up” time through “labor saving” devices was actually the de facto property of corporations. It was a Faustian bargain.
  • Many people misunderstood the fundamental nature of Schumpeterian growth as being fueled by ideas rather than time. Ideas fueled by energy can free up time which can then partly be used to create more ideas to free up more time. It is a positive feedback cycle,  but with a limit. The fundamental scarce resource is time. There is only one Earth worth of space to colonize. Only one fossil-fuel store of energy to dig out. Only 24 hours per person per day to turn into capitive attention.
  • Then the Internet happened, and we discovered the ability to mine time as fast as it could be discovered in hidden pockets of attention. And we discovered limits. And suddenly a new peak started to loom: Peak Attention.
  • There is certainly plenty of energy all around (the Sun and the wind, to name two sources), but oil represents a particularly high-value kind. Attention behaves the same way.
  • Take an average housewife, the target of much time mining early in the 20th century. It was clear where her attention was directed. Laundry, cooking, walking to the well for water, cleaning, were all obvious attention sinks. Washing machines, kitchen appliances, plumbing and vacuum cleaners helped free up a lot of that attention, which was then immediately directed (as corporate-captive attention) to magazines and television.
  • The point isn’t that we are running out of attention. We are running out of the equivalent of oil: high-energy-concentration pockets of easily mined fuel.
  • There is a lot more money to be made in replacing hand-washing time with washing-machine plus magazine time, than there is to be found in replacing one hour of TV with a different hour of TV.
  • . To get to Clay Shirky’s hypothetical notion of cognitive surplus, we need Alternative Attention sources. To put it in terms of per-capita productivity gains, we hit a plateau.
  • When Asia hits Peak Attention (America is already past it, I believe), absolute size, rather than big productivity differentials, will again define the game, and the center of gravity of economic activity will shift to Asia.
  • Once again, it is the oceans, rather than land, that will become the theater for the next act of the human drama. While American lifestyle designers are fleeing to Bali, much bigger things are afoot in the region. And when that shift happens, the Schumpeterian corporation, the oil rig of human attention, will start to decline at an accelerating rate. Lifestyle businesses and other oddball contraptions — the solar panels and wind farms of attention economics — will start to take over.
  • It will be the dawn of the age of Coasean growth.
  • Coasean growth is not measured in terms of national GDP growth. That’s a Smithian/Mercantilist measure of growth. It is also not measured in terms of 8% returns on the global stock market.  That is a Schumpeterian growth measure. For that model of growth to continue would be a case of civilizational cancer (“growth for the sake of growth is the ideology of the cancer cell” as Edward Abbey put it).
  • Coasean growth is fundamentally not measured in aggregate terms at all. It is measured in individual terms. An individual’s income and productivity may both actually decline, with net growth in a Coasean sense.
  • How do we measure Coasean growth? I have no idea. I am open to suggestions. All I know is that the metric will need to be hyper-personalized and relative to individuals rather than countries, corporations or the global economy. There will be a meaningful notion of Venkat’s rate of Coasean growth, but no equivalent for larger entities.
  • The fundamental scarce resource that Coasean growth discovers and colonizes is neither space, nor time. It is perspective.
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    This is a lay friendly, amateur, mental exploration of the Corporation. It's also utterly absorbing and comes with the usual collection of caveats that we amateurs are accustomed to rattling off when we dunk ourselves into issues much bigger than ourselves. Thanks to BoingBoing, via Futurismic, for the pointer: http://www.boingboing.net/2011/06/23/a-brief-history-of-t.html http://futurismic.com/2011/06/22/a-brief-history-of-the-corporation-1600-to-2100/ "The year was 1772, exactly 239 years ago today, the apogee of power for the corporation as a business construct. The company was the British East India company (EIC). The bubble that burst was the East India Bubble. Between the founding of the EIC in 1600 and the post-subprime world of 2011, the idea of the corporation was born, matured, over-extended, reined-in, refined, patched, updated, over-extended again, propped-up and finally widely declared to be obsolete. Between 2011 and 2100, it will decline - hopefully gracefully - into a well-behaved retiree on the economic scene."
anonymous

Nigerian Characteristics - 0 views

  • To talk about an individual's personality and tendencies is easy for those who know the person well; to talk about the personality and tendencies of millions of people who form a nation is much trickier and fraught with moral risk.
  • For the result is often simplistic stereotyping of what are often very complex identities.
  • national traits are the product of a people's experience of living on a singular terrain for centuries and longer, leading to an identifiable national or ethnic culture and thus to specific characteristics.
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  • To deny this altogether is to immobilize observation, which, in turn, leads to analysis that is both unrealistic and naive.
  • Thus, we come to Nigeria, a country of more than 166 million people with severe overcrowding due to the fact that much of the country is desert and swamps where few people can live.
  • For too many Nigerians, life is a Hobbesian, zero-sum game that adds up to an aggressive, predatory system of survival of the fittest. Nigeria is a place where life is too often a matter of who can intimidate whom. Indeed, war, crime and thuggery are the province of young males, and Nigeria's population is composed of many of them.
  • Nigeria is an assemblage of several British-ruled territories: specifically a Muslim north that the British governed indirectly through traditional rulers and a non-Muslim south that the British ruled directly. The tension between the different parts of Nigeria has dominated political life for decades, leading to coups and counter-coups and significant periods of democracy characterized by exceedingly high levels of corruption, which is, in turn, part of the spoils system that staves off civil war.
  • For Nigerian politics at the highest levels is as predatory as life on the street.
  • There are essentially three geographical parts to Nigeria:
  • a Muslim-dominated north of desert and semi-desert, which produces the Hausa officers' corps that for decades has dominated the military and, by association, politics for significant periods
  • a southwestern region dominated by the Yoruba people, which contains the commercial capital of Lagos
  • and the southeast where much of the oil is located, dominated by the Igbo tribe.
  • Abuja, to no one's surprise, is less the capital city than the point of arbitration for a weak and sprawling empire otherwise known as the state of Nigeria. Abuja is where the economic spoils are distributed -- the benefit of upwards of 2.5 million barrels of oil pumped daily.
  • Ignored for decades and violently intimidated during the 1990s, the Ijaw in the 2000s waged an increasingly militant campaign to assert their presence. Pipeline sabotage and bombings of oil facilities effectively held the country's economy for ransom. The Ijaw were accommodated in 2007 and were rewarded with the vice presidency, in exchange for curtailing the sponsorship of militant groups like the Movement for the Emancipation of the Niger Delta, or MEND.
  • Indeed, Nigeria attests to the triumph of naked power and geography over the realm of ideas. Nigeria's strength is evinced in the fact that its peacekeepers have successfully led intervention forces in Sierra Leone and Liberia, and in the fact that Nigerian businessmen are all over West Africa playing pivotal roles in local economies.
  • Nigerians can be found as captains of continental and even global industry, if the black market sectors of business scams and drug, human, car and crude oil smuggling rackets are included. But Nigeria is weak in the sense that its own condition of semi-anarchy makes it impossible for Nigeria to police the region the way a great regional power should.
  • Nigeria and South Africa both should be imperial powers in West Africa and southern African respectively, helping to stabilize places like Mali and the Congo. But they clearly are not due to their own internal weaknesses.
  • Nigeria will totter onwards. It will not descend into civil war because all the regional and ethnic groups understand limits -- and how they can all, at one point or another, benefit from a flagrant system of spoils and kickbacks. Corruption, make no mistake, while it contributes to misrule, is also a pacifying force in Nigeria. But neither will there be the emergence of a strong state.
    • anonymous
       
      Corruption = Semi-stability. Depressing.
  • It is a maxim of Western elites that economic development and global integration will lead to civil societies in places like Nigeria. There is an important element of truth in that, but such a truth has severe limits. Economic growth also leads to wider disparities as well as more spoils to fight over.
  • In the case of Nigeria, there is effectively one spoil: those 2.5 million barrels of crude oil per day. And global society has sunk roots mainly among the elites, not among the tens of millions of people in a place like Nigeria for whom life is a constant, predatory struggle. Nigeria should keep us humble about the human condition and the persistence of national characteristics.
  •  
    "Individuals are more concrete than the national or ethnic group of which they form a part. To talk about an individual's personality and tendencies is easy for those who know the person well; to talk about the personality and tendencies of millions of people who form a nation is much trickier and fraught with moral risk. For the result is often simplistic stereotyping of what are often very complex identities. Nevertheless, to assume Danes harbor the same national characteristics as, say, Chinese, is absurd. The fact is, national traits are the product of a people's experience of living on a singular terrain for centuries and longer, leading to an identifiable national or ethnic culture and thus to specific characteristics. To deny this altogether is to immobilize observation, which, in turn, leads to analysis that is both unrealistic and naive."
anonymous

Geopolitical Journey: Europe, the Glorious and the Banal - 1 views

  • How prosaic business opportunities generate the most risky and grandiose undertakings has come to interest me. This school arose with the specific goal of training sailors to go farther and farther south along the African coast in search of a sea route to India.
  • The Portuguese sought this route to cut out the middleman in the spice trade. Spices were wealth in Europe; they preserved and seasoned food, and were considered medicinal and even aphrodisiacs. But they were fiendishly expensive
  • The more I learn more about Henry, the more his program reminds me of NASA and of Tom Wolfe's classic, The Right Stuff, about America's space program. Like NASA, each mission built on the last, trying out new methods in an incremental fashion. Henry didn't try to shoot to the moon, as they say. He was no Columbus, risking everything for glory, but rather a methodical engineer, pushing the limits a little at a time and collecting data.
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  • Europe wasn't kind to the world it discovered. But over time it did force each culture to become aware of all the others; after centuries, a Mongol student might learn about the Aztecs. Instead of a number of isolated worlds, each believing itself to be the center of the Earth, each new discovery fed the concept of a single world.
  • On this cape, early in the 15th century, well before Columbus sailed, Henry planned Europe's assault on the world. In the process, he laid the foundation of the modern world and modern Europe.
  • If Henry created his school solely for knowledge, then perhaps sending messages in a bottle and waiting for a reply would have done that. But Henry, the prince who became a monk, also acted for wealth, God's glory and to claim his place in history.
  • Today, we have entered a phase of history where the buccaneering spirit has left us. The desire for knowledge has separated itself from the hunger we have for wealth and glory. Glory is not big today, cool is. Cool does not challenge the gates of heaven, it accepts what is and conforms to it.
  • This is a passing phase, however. Humans will return to space to own it, discover unknown wealth and bring glory.
  • Out in West Texas and other desolate places, private companies -- privateers -- are reinventing the space program. They are searching for what Henry sought -- namely, wealth and glory.
  • Certainly, European imperialism brought misery to the world. But the world was making itself miserable before, and has since: One group of people has always been stealing land from other groups in a constant flow of history. What culture did not live on land stolen from another culture, either annihilated or absorbed? Ours has always been a brutal world. And the Europe Henry founded did not merely oppress and exploit, although it surely did those things. It also left as its legacy something extraordinary: a world that knew itself and all of its parts.
  • Only the dead leave legacies, and Europe is not dead. Yet something in it has died. The swagger and confidence of a great civilization is simply not there, at least not on the European peninsula.
  • Instead, there is caution and fear. You get the sense in Europe -- and here I think of conversations I had on previous trips in the last year or so -- of a fear that any decisive action will tear the place apart.
  • The European search for comfort and safety is not trivial, not after the horrors of the 20th century. The British and French have given up empires, Russia has given up communism, Germany and Italy have given up fascism and racism. The world is better off without these things. But what follows, what is left?
  • I am not talking here of the economic crisis that is gripping Europe, leaving Portugal with 17 percent unemployment and Spain with 26 percent. These are agonizing realities for those living through them. But Europeans have lived through more and worse.
  • Instead, I am speaking of a crisis in the European soul, the death of hubris and of risk-taking. Yes, these resulted in the Europeans trying to convert the world to Christianity and commerce, in Russia trying to create a new man and in Germany becoming willing to annihilate what it thought of as inferior men.
  • The Europeans are content to put all that behind them. Their great search for the holy grail is now reduced to finding a way to resume the comforts of the unexceptional. There is something to be said for the unexceptional life. But it cannot be all there is. 
  • We humans are caught between the hunger for glory and the price you pay and the crimes you commit in pursuing it. To me, the tension between the hunger for ordinary comforts and the need for transcendence seems to lie at the heart of the human condition. Europe has chosen comfort, and now has lost it. It sought transcendence and tore itself apart. The latter might have been Henry's legacy, but ah, to have gone to his school with da Gama and Magellan.
  •  
    "We flew into Lisbon and immediately rented a car to drive to the edge of the Earth and the beginning of the world. This edge has a name: Cabo de Sao Vicente. A small cape jutting into the Atlantic Ocean, it is the bitter end of Europe. Beyond this point, the world was once unknown to Europeans, becoming a realm inhabited by legends of sea monsters and fantastic civilizations. Cabo de Sao Vicente still makes you feel these fantasies are more than realistic. Even on a bright sunny day, the sea is forbidding and the wind howls at you, while on a gloomy day you peer into the abyss. Just 3 miles east of Cabo de Sao Vicente at the bas"
anonymous

Where criminals get their guns - 0 views

  • Believe it or not I actually heard her say, “A lot of criminals get their guns from gun stores.” Really? Let’s look at the facts.
  • A 1997 Justice Department survey of more than 18,000 state and federal convicts revealed the truth: • 39.6% of criminals obtained a gun from a friend or family member • 39.2% of criminals obtained a gun on the street or from an illegal source • 0.7% of criminals purchased a gun at a gun show • 1% of criminals purchased a gun at a flea market • 3.8% of criminals purchased a gun from a pawn shop • 8.3% of criminals actually bought their guns from retail outlets
  • Note that less than 9 percent of all guns obtained by criminals in this survey came from retail outlets, hardly “a lot” compared to the almost 40 percent of convicts who obtained guns from friends or family or the almost 40 percent who obtained them illegally on the street.
  • ...3 more annotations...
  • The gun-show loophole? Less than 1 percent of criminal guns came from gun shows. Nothing there, either.
  • The survey data were analyzed and released in 2001 then revised in 2002, but while the eye-opening details are more than 10 years old it’s hard to believe criminal responses have changed much over the last decade.
    • anonymous
       
      On the contrary, this is worth investigating with fresher data. The perception of a culture war against gun owners has caused sales to surge in *spite* of an overall decrease on the proportion of citizens who own guns. In other words: Gun owners are buying more guns while fewer people want to own then. My gut says that may have moved some statistical indicators. Still, the author's point stands. Even without fresh data, you can get a good snapshot of the rough picture.
  • “Universal” background checks won’t work. The fact is we have them now. Anytime a law-abiding citizen purchases a gun from a brick-and-mortar or online retailer, pawn shop owner or private dealer—essentially any licensed dealer who sells more than a handful of firearms per month—he or she must submit to a background examination via the National Instant Check System.
  •  
    "Across all media these days the information is far from accurate when it comes to the culture war waged against gun owners. The topic the other day on a Fox News program was Chicago's "gun problem." Of course everyone knows Chicago's problem is crime committed by thugs who disobey the law, but that didn't stop one woman from insisting "universal" background checks would cut down the number of guns on the city's streets."
anonymous

The Inequality That Matters - 1 views

  • there’s more confusion about this issue than just about any other in contemporary American political discourse.
  • The reality is that most of the worries about income inequality are bogus, but some are probably better grounded and even more serious than even many of their heralds realize. If our economic churn is bound to throw off political sparks, whether alarums about plutocracy or something else, we owe it to ourselves to seek out an accurate picture of what is really going on.
  • Let’s start with the subset of worries about inequality that are significantly overblown.
  • ...107 more annotations...
  • Most analyses of income inequality neglect two major points.
  • First, the inequality of personal well-being is sharply down over the past hundred years and perhaps over the past twenty years as well.
  • by broad historical standards, what I share with Bill Gates is far more significant than what I don’t share with him.
  • Compare these circumstances to those of 1911, a century ago. Even in the wealthier countries, the average person had little formal education, worked six days a week or more, often at hard physical labor, never took vacations, and could not access most of the world’s culture.
  • when average people read about or see income inequality, they don’t feel the moral outrage that radiates from the more passionate egalitarian quarters of society. Instead, they think their lives are pretty good and that they either earned through hard work or lucked into a healthy share of the American dream.
  • In narrowly self-interested terms, that view may be irrational, but most Americans are unwilling to frame national issues in terms of rich versus poor.
  • There’s a great deal of hostility toward various government bailouts, but the idea of “undeserving” recipients is the key factor in those feelings. Resentment against Wall Street gamesters hasn’t spilled over much into resentment against the wealthy more generally.
  • their constituents bear no animus toward rich people, only toward undeservedly rich people.
    • anonymous
       
      Which is how the policy can be reframed to the benefit of those that understand this more cleanly.
  • in the United States, most economic resentment is not directed toward billionaires or high-roller financiers—not even corrupt ones. It’s directed at the guy down the hall who got a bigger raise.
    • anonymous
       
      Provincialism!
  • The high status of the wealthy in America, or for that matter the high status of celebrities, seems to bother our intellectual class most. That class composes a very small group, however
  • All that said, income inequality does matter—for both politics and the economy.
  • To see how, we must distinguish between inequality itself and what causes it. But first let’s review the trends in more detail.
  • Income inequality has been rising in the United States, especially at the very top.
  • The data show a big difference between two quite separate issues
  • income growth at the very top
  • greater inequality throughout the distribution
  • When it comes to the first trend, the share of pre-tax income earned by the richest 1 percent of earners has increased from about 8 percent in 1974 to more than 18 percent in 2007. Furthermore, the richest 0.01 percent (the 15,000 or so richest families) had a share of less than 1 percent in 1974 but more than 6 percent of national income in 2007. As noted, those figures are from pre-tax income, so don’t look to the George W. Bush tax cuts to explain the pattern. Furthermore, these gains have been sustained and have evolved over many years, rather than coming in one or two small bursts between 1974 and today.1
  • Caution is in order, but the overall trend seems robust. Similar broad patterns are indicated by different sources, such as studies of executive compensation. Anecdotal observation suggests extreme and unprecedented returns earned by investment bankers, fired CEOs, J.K. Rowling and Tiger Woods.
  • At the same time, wage growth for the median earner has slowed since 1973.
  • But that slower wage growth has afflicted large numbers of Americans, and it is conceptually distinct from the higher relative share of top income earners. For instance, if you take the 1979–2005 period, the average incomes of the bottom fifth of households increased only 6 percent while the incomes of the middle quintile rose by 21 percent. That’s a widening of the spread of incomes, but it’s not so drastic compared to the explosive gains at the very top.
  • The broader change in income distribution, the one occurring beneath the very top earners, can be deconstructed in a manner that makes nearly all of it look harmless. For instance, there is usually greater inequality of income among both older people and the more highly educated, if only because there is more time and more room for fortunes to vary.
  • Since America is becoming both older and more highly educated, our measured income inequality will increase pretty much by demographic fiat.
  • Economist Thomas Lemieux at the University of British Columbia estimates that these demographic effects explain three-quarters of the observed rise in income inequality for men, and even more for women.2
  • Attacking the problem from a different angle, other economists are challenging whether there is much growth in inequality at all below the super-rich. For instance, real incomes are measured using a common price index, yet poorer people are more likely to shop at discount outlets like Wal-Mart, which have seen big price drops over the past twenty years.3 Once we take this behavior into account, it is unclear whether the real income gaps between the poor and middle class have been widening much at all.
  • And so we come again to the gains of the top earners, clearly the big story told by the data.
  • It’s worth noting that over this same period of time, inequality of work hours increased too. The top earners worked a lot more and most other Americans worked somewhat less. That’s another reason why high earners don’t occasion more resentment: Many people understand how hard they have to work to get there.
  • A threshold earner is someone who seeks to earn a certain amount of money and no more.
  • If wages go up, that person will respond by seeking less work or by working less hard or less often. That person simply wants to “get by” in terms of absolute earning power in order to experience other gains in the form of leisure—whether spending time with friends and family, walking in the woods and so on. Luck aside, that person’s income will never rise much above the threshold.
  • It’s not obvious what causes the percentage of threshold earners to rise or fall, but it seems reasonable to suppose that the more single-occupancy households there are, the more threshold earners there will be, since a major incentive for earning money is to use it to take care of other people with whom one lives.
  • For a variety of reasons, single-occupancy households in the United States are at an all-time high.
  • The funny thing is this: For years, many cultural critics in and of the United States have been telling us that Americans should behave more like threshold earners. We should be less harried, more interested in nurturing friendships, and more interested in the non-commercial sphere of life. That may well be good advice.
  • Many studies suggest that above a certain level more money brings only marginal increments of happiness.
  • What isn’t so widely advertised is that those same critics have basically been telling us, without realizing it, that we should be acting in such a manner as to increase measured income inequality.
  • Why is the top 1 percent doing so well?
  • Their data do not comprise the entire U.S. population, but from partial financial records they find a very strong role for the financial sector in driving the trend toward income concentration at the top.
  • The number of Wall Street investors earning more than $100 million a year was nine times higher than the public company executives earning that amount.
  • The authors also relate that they shared their estimates with a former U.S. Secretary of the Treasury, one who also has a Wall Street background. He thought their estimates of earnings in the financial sector were, if anything, understated.
  • Many of the other high earners are also connected to finance.
  • After Wall Street, Kaplan and Rauh identify the legal sector as a contributor to the growing spread in earnings at the top.
  • Finance aside, there isn’t much of a story of market failure here, even if we don’t find the results aesthetically appealing.
  • When it comes to professional athletes and celebrities, there isn’t much of a mystery as to what has happened.
  • There is more purchasing power to spend on children’s books and, indeed, on culture and celebrities more generally. For high-earning celebrities, hardly anyone finds these earnings so morally objectionable as to suggest that they be politically actionable.
  • We may or may not wish to tax the wealthy, including wealthy celebrities, at higher rates, but there is no need to “cure” the structural causes of higher celebrity incomes.
  • If we are looking for objectionable problems in the top 1 percent of income earners, much of it boils down to finance and activities related to financial markets. And to be sure, the high incomes in finance should give us all pause.
  • some investors opt for a strategy of betting against big, unexpected moves in market prices.
  • Most of the time investors will do well by this strategy, since big, unexpected moves are outliers by definition. Traders will earn above-average returns in good times. In bad times they won’t suffer fully when catastrophic returns come in, as sooner or later is bound to happen, because the downside of these bets is partly socialized onto the Treasury, the Federal Reserve and, of course, the taxpayers and the unemployed.
  • To understand how this strategy works, consider an example from sports betting.
  • if you bet against unlikely events, most of the time you will look smart and have the money to validate the appearance. Periodically, however, you will look very bad
  • Does that kind of pattern sound familiar? It happens in finance, too. Betting against a big decline in home prices is analogous to betting against the Wizards. Every now and then such a bet will blow up in your face, though in most years that trading activity will generate above-average profits and big bonuses for the traders and CEOs. To this mix we can add the fact that many money managers are investing other people’s money.
  • If you plan to stay with an investment bank for ten years or less, most of the people playing this investing strategy will make out very well most of the time. Everyone’s time horizon is a bit limited and you will bring in some nice years of extra returns and reap nice bonuses.
  • And let’s say the whole thing does blow up in your face? What’s the worst that can happen? Your bosses fire you, but you will still have millions in the bank and that MBA from Harvard or Wharton.
  • For the people actually investing the money, there’s barely any downside risk other than having to quit the party early.
  • Moreover, smart shareholders will acquiesce to or even encourage these gambles.
  • They gain on the upside, while the downside, past the point of bankruptcy, is borne by the firm’s creditors.
  • Perhaps more important, government bailouts minimize the damage to creditors on the downside.
  • Neither the Treasury nor the Fed allowed creditors to take any losses from the collapse of the major banks during the financial crisis. The U.S. government guaranteed these loans, either explicitly or implicitly.
  • For better or worse, we’re handing out free options on recovery, and that encourages banks to take more risk in the first place.
  • In short, there is an unholy dynamic of short-term trading and investing, backed up by bailouts and risk reduction from the government and the Federal Reserve. This is not good.
  • But more immediate and more important, it means that banks take far too many risks and go way out on a limb, often in correlated fashion. When their bets turn sour, as they did in 2007–09, everyone else pays the price.
  • And it’s not just the taxpayer cost of the bailout that stings. The financial disruption ends up throwing a lot of people out of work down the economic food chain, often for long periods.
  • In essence, we’re allowing banks to earn their way back by arbitraging interest rate spreads against the U.S. government. This is rarely called a bailout and it doesn’t count as a normal budget item, but it is a bailout nonetheless. This type of implicit bailout brings high social costs by slowing down economic recovery (the interest rate spreads require tight monetary policy) and by redistributing income from the Treasury to the major banks.
  • The more one studies financial theory, the more one realizes how many different ways there are to construct a “going short on volatility” investment position.
  • In some cases, traders may not even know they are going short on volatility. They just do what they have seen others do. Their peers who try such strategies very often have Jaguars and homes in the Hamptons. What’s not to like?
  • The upshot of all this for our purposes is that the “going short on volatility” strategy increases income inequality.
  • In normal years the financial sector is flush with cash and high earnings. In implosion years a lot of the losses are borne by other sectors of society. In other words, financial crisis begets income inequality. Despite being conceptually distinct phenomena, the political economy of income inequality is, in part, the political economy of finance.
  • If you’re wondering, right before the Great Depression of the 1930s, bank profits and finance-related earnings were also especially high.8
  • There’s a second reason why the financial sector abets income inequality: the “moving first” issue.
  • The moving-first phenomenon sums to a “winner-take-all” market. Only some relatively small number of traders, sometimes just one trader, can be first. Those who are first will make far more than those who are fourth or fifth.
  • Since gains are concentrated among the early winners, and the closeness of the runner-ups doesn’t so much matter for income distribution, asset-market trading thus encourages the ongoing concentration of wealth. Many investors make lots of mistakes and lose their money, but each year brings a new bunch of projects that can turn the early investors and traders into very wealthy individuals.
  • These two features of the problem—“going short on volatility” and “getting there first”—are related.
  • Still, every now and then Goldman will go bust, or would go bust if not for government bailouts. But the odds are in any given year that it won’t because of the advantages it and other big banks have.
  • It’s as if the major banks have tapped a hole in the social till and they are drinking from it with a straw.
  • In any given year, this practice may seem tolerable—didn’t the bank earn the money fair and square by a series of fairly normal looking trades?
  • Yet over time this situation will corrode productivity, because what the banks do bears almost no resemblance to a process of getting capital into the hands of those who can make most efficient use of it.
  • And it leads to periodic financial explosions. That, in short, is the real problem of income inequality we face today. It’s what causes the inequality at the very top of the earning pyramid that has dangerous implications for the economy as a whole.
  • A key lesson to take from all of this is that simply railing against income inequality doesn’t get us very far.
  • We have to find a way to prevent or limit major banks from repeatedly going short on volatility at social expense. No one has figured out how to do that yet.
  • It remains to be seen whether the new financial regulation bill signed into law this past summer will help.
  • The bill does have positive features.
  • First, it forces banks to put up more of their own capital, and thus shareholders will have more skin in the game, inducing them to curtail their risky investments.
  • Second, it also limits the trading activities of banks, although to a currently undetermined extent (many key decisions were kicked into the hands of future regulators).
  • Third, the new “resolution authority” allows financial regulators to impose selective losses, for instance, to punish bondholders if they wish.
  • We’ll see if these reforms constrain excess risk-taking in the long run. There are reasons for skepticism.
  • Most of all, the required capital cushions simply aren’t that high, so a big enough bet against unexpected outcomes still will yield more financial upside than downside
  • What about controlling bank risk-taking directly with tight government oversight? That is not practical. There are more ways for banks to take risks than even knowledgeable regulators can possibly control
  • It’s also not clear how well regulators can identify risky assets.
  • Some of the worst excesses of the financial crisis were grounded in mortgage-backed assets—a very traditional function of banks—not exotic derivatives trading strategies.
  • Virtually any asset position can be used to bet long odds, one way or another. It is naive to think that underpaid, undertrained regulators can keep up with financial traders, especially when the latter stand to earn billions by circumventing the intent of regulations while remaining within the letter of the law.
  • For the time being, we need to accept the possibility that the financial sector has learned how to game the American (and UK-based) system of state capitalism.
  • It’s no longer obvious that the system is stable at a macro level, and extreme income inequality at the top has been one result of that imbalance. Income inequality is a symptom, however, rather than a cause of the real problem.
  • The root cause of income inequality, viewed in the most general terms, is extreme human ingenuity, albeit of a perverse kind. That is why it is so hard to control.
  • Another root cause of growing inequality is that the modern world, by so limiting our downside risk, makes extreme risk-taking all too comfortable and easy.
  • More risk-taking will mean more inequality, sooner or later, because winners always emerge from risk-taking.
  • Yet bankers who take bad risks (provided those risks are legal) simply do not end up with bad outcomes in any absolute sense.
  • We’re not going to bring back torture, trial by ordeal or debtors’ prisons, nor should we. Yet the threat of impoverishment and disgrace no longer looms the way it once did, so we no longer can constrain excess financial risk-taking. It’s too soft and cushy a world.
  • That’s an underappreciated way to think about our modern, wealthy economy: Smart people have greater reach than ever before, and nothing really can go so wrong for them.
  • How about a world with no bailouts? Why don’t we simply eliminate the safety net for clueless or unlucky risk-takers so that losses equal gains overall? That’s a good idea in principle, but it is hard to put into practice.
  • Once a financial crisis arrives, politicians will seek to limit the damage, and that means they will bail out major financial institutions.
  • Had we not passed TARP and related policies, the United States probably would have faced unemployment rates of 25 percent of higher, as in the Great Depression. The political consequences would not have been pretty.
  • Bank bailouts may sound quite interventionist, and indeed they are, but in relative terms they probably were the most libertarian policy we had on tap. It meant big one-time expenses, but, for the most part, it kept government out of the real economy (the General Motors bailout aside).
  • So what will happen next?
  • One worry is that banks are currently undercapitalized and will seek out or create a new bubble within the next few years, again pursuing the upside risk without so much equity to lose.
  • A second perspective is that banks are sufficiently chastened for the time being but that economic turmoil in Europe and China has not yet played itself out, so perhaps we still have seen only the early stages of what will prove to be an even bigger international financial crisis.
  • A third view is perhaps most likely. We probably don’t have any solution to the hazards created by our financial sector, not because plutocrats are preventing our political system from adopting appropriate remedies, but because we don’t know what those remedies are.
  • Yet neither is another crisis immediately upon us. The underlying dynamic favors excess risk-taking, but banks at the current moment fear the scrutiny of regulators and the public and so are playing it fairly safe.
  • They are sitting on money rather than lending it out. The biggest risk today is how few parties will take risks, and, in part, the caution of banks is driving our current protracted economic slowdown. According to this view, the long run will bring another financial crisis once moods pick up and external scrutiny weakens, but that day of reckoning is still some ways off.
  • Is the overall picture a shame? Yes. Is it distorting resource distribution and productivity in the meantime? Yes. Will it again bring our economy to its knees? Probably. Maybe that’s simply the price of modern society. Income inequality will likely continue to rise and we will search in vain for the appropriate political remedies for our underlying problems.
    • anonymous
       
      Painfully straightforward.
  •  
    "Does growing wealth and income inequality in the United States presage the downfall of the American republic? Will we evolve into a new Gilded Age plutocracy, irrevocably split between the competing interests of rich and poor? Or is growing inequality a mere bump in the road, a statistical blip along the path to greater wealth for virtually every American? Or is income inequality partially desirable, reflecting the greater productivity of society's stars?"
anonymous

Captive Virgins, Polygamy, Sex Slaves: What Marriage Would Look Like if We Actually Fol... - 3 views

  • “Bible-believing” Christians, also called “biblical literalists,” believe the Bible is the literally perfect word of God, essentially dictated by God to the writers. Thanks to the determined work of historical revisionists like David Barton, many of them also believe (very, very wrongly) that America’s Constitution and legal system also were founded on principles and laws drawn from the Bible. 
  • Not all Christians share this view. Biblical literalists are at the opposite end of the theological spectrum from modernist Christians, who see the Bible as the record of our imperfect spiritual ancestors who struggled to understand what is good and what is God and how to live in moral community with each other.
    • anonymous
       
      Reasonably minded Christians everywhere thank the author for pointing this very fucking important fact out.
    • Erik Hanson
       
      "Modernist Christians"? I'd say Modernist theology is a big part of the problem. (This is a semantic quibble.)
  • Even though divorce and teen pregnancy rates are lower in more secular parts of the country, Bible believers see both as problems caused primarily by America’s loss of faith.
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  • Let me tell you a secret about Bible believers that I know because I was one. Most of them don’t read their Bibles. If they did, they would know that the biblical model of sex and marriage has little to do with the one they so loudly defend.
    • Erik Hanson
       
      That's the easy explanation, but not necessarily the right one. I've sat in Bible-study groups of fairly wealthy Christians as they spent an hour convincing themselves that Jesus doesn't really want them to sell their stuff and give the proceeds to the church and the poor, even if there are multiple instances of what I take to be fairly clear language saying that Christians should do precisely that. It's that "Modernist" stuff again-our brains aren't that rational.
    • anonymous
       
      That's a fair point. Whether you read the Bible or not, that lack-of-rationality thing is surely in play. As you implicitly note, though, this is not the fault of religion - it's our damned species.
    • Erik Hanson
       
      Theologically speaking, it's almost as if God didn't set us up to be able to have Godlike understanding of everything. Like we're limited and mortal or something.
  • Stories depicted in the Bible include rape, incest, master-slave sexual relations, captive virgins, and more. Now, just because a story is told in the Bible doesn’t mean it is intended as a model for devout behavior. Other factors have to be considered, like whether God commands or forbids the behavior, if the behavior is punished, and if Jesus subsequently indicates the rules have changed, come the New Testament. 
  • Through this lens, you find that the God of the Bible still endorses polygamy and sexual slavery and coerced marriage of young virgins along with monogamy. In fact, he endorses all three to the point of providing detailed regulations.
  • Polygamy is a norm in the Old Testament and accepted in the New Testament.
  • Concubines are sex slaves, and the Bible gives instructions on acquisition of several types of sex slaves, although the line between biblical marriage and sexual slavery is blurry.
  • In the book of Numbers (31:18) God’s servant commands the Israelites to kill all of the used Midianite women who have been captured in war, and all of the boy children, but to keep all of the virgin girls for themselves.
  • These stories might be irrelevant to the question of biblical marriage were it not that Bible believers keep telling us that God punishes people when he dislikes their sexual behavior.
  • The nuclear family model so prized by America’s fundamentalist Christians emerged from the interplay between Christianity and European cultures including the monogamous tradition of the Roman Empire.
  • Bible believers, even those who think themselves “nondenominational,” almost all follow some theological tradition that tells them which parts of the Bible to follow and how.
  • But many who call themselves Bible believers are simply, congenitally conservative – meaning change-resistant. It is not the Bible they worship so much as the status quo, which they justify by invoking ancient texts. Gay marriage will come, as will reproductive rights, and these Bible believers will adapt to the change as they have others: reluctantly, slowly and with angry protests, but in the end accepting it, and perhaps even insisting that it was God’s will all along.  
  •  
    There's no way to understand politics anywhere without understanding religion, but to an outsider American Christianity -- and so American politics -- can seem almost incomprehensible. Over the last 2,000 years, Christians have quarreled themselves into 30,000 different denominations. On top of that, American Christianity, like American culture more broadly, tends to flout hierarchy and authority, which means that a sizeable number of American Christians consider themselves "nondenominational."
anonymous

There Is No God, There Is No Devil, And Innovation Is The Work Of Multitudes - 0 views

shared by anonymous on 21 Jun 12 - Cached
  • Nationalism, tribalism, us-vs-them-ism, the perpetual aggrievement of this or that identity culture – these are the real villains, if we must have villains, because this state of mind can only see competition as a threat rather than as a challenge.
  •  
    After all, when it comes to the Ire of the Geeks, no controversy is too small. As Freddie deBoer puts it, in likening geek culture to the Tea Party, geeks are "so invested in certain grievances [...] that they seem completely incapable of judging whether those grievances are rational." Thanks to Erik Hanson for the pointer. Which might help explain the tone of The Oatmeal's response to Alex's piece. Freddie calls it "a whiny, petulant reply" and there's no doubt, that for all the creativity of a drawn response, it was petulant. Good faith is in short enough supply on the internet, of course, but still, one can't help but wonder what's at the root of such a response.
anonymous

For the Love of Money - 0 views

  • I’d learned about the importance of being rich from my dad. He was a modern-day Willy Loman, a salesman with huge dreams that never seemed to materialize. “Imagine what life will be like,” he’d say, “when I make a million dollars.” While he dreamed of selling a screenplay, in reality he sold kitchen cabinets. And not that well. We sometimes lived paycheck to paycheck off my mom’s nurse-practitioner salary.
  • In desperation, I called a counselor whom I had reluctantly seen a few times before and asked for help.She helped me see that I was using alcohol and drugs to blunt the powerlessness I felt as a kid and suggested I give them up. That began some of the hardest months of my life. Without the alcohol and drugs in my system, I felt like my chest had been cracked open, exposing my heart to air. The counselor said that my abuse of drugs and alcohol was a symptom of an underlying problem — a “spiritual malady,” she called it.
  • For the first time in my life, I didn’t have to check my balance before I withdrew money. But a week later, a trader who was only four years my senior got hired away by C.S.F.B. for $900,000. After my initial envious shock — his haul was 22 times the size of my bonus — I grew excited at how much money was available.
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  • At 25, I could go to any restaurant in Manhattan — Per Se, Le Bernardin — just by picking up the phone and calling one of my brokers, who ingratiate themselves to traders by entertaining with unlimited expense accounts. I could be second row at the Knicks-Lakers game just by hinting to a broker I might be interested in going. The satisfaction wasn’t just about the money. It was about the power. Because of how smart and successful I was, it was someone else’s job to make me happy.
  • My counselor didn’t share my elation. She said I might be using money the same way I’d used drugs and alcohol — to make myself feel powerful — and that maybe it would benefit me to stop focusing on accumulating more and instead focus on healing my inner wound. “Inner wound”? I thought that was going a little far and went to work for a hedge fund.
  • I wanted a billion dollars. It’s staggering to think that in the course of five years, I’d gone from being thrilled at my first bonus — $40,000 — to being disappointed when, my second year at the hedge fund, I was paid “only” $1.5 million.
  • But in the end, it was actually my absurdly wealthy bosses who helped me see the limitations of unlimited wealth.
  • I was in a meeting with one of them, and a few other traders, and they were talking about the new hedge-fund regulations. Most everyone on Wall Street thought they were a bad idea. “But isn’t it better for the system as a whole?” I asked. The room went quiet, and my boss shot me a withering look. I remember his saying, “I don’t have the brain capacity to think about the system as a whole. All I’m concerned with is how this affects our company.”Continue reading the main story I felt as if I’d been punched in the gut. He was afraid of losing money, despite all that he had.
  • From that moment on, I started to see Wall Street with new eyes. I noticed the vitriol that traders directed at the government for limiting bonuses after the crash. I heard the fury in their voices at the mention of higher taxes. These traders despised anything or anyone that threatened their bonuses. Ever see what a drug addict is like when he’s used up his junk? He’ll do anything — walk 20 miles in the snow, rob a grandma — to get a fix. Wall Street was like that. In the months before bonuses were handed out, the trading floor started to feel like a neighborhood in “The Wire” when the heroin runs out.
  • I’d always looked enviously at the people who earned more than I did; now, for the first time, I was embarrassed for them, and for me. I made in a single year more than my mom made her whole life. I knew that wasn’t fair; that wasn’t right. Yes, I was sharp, good with numbers. I had marketable talents. But in the end I didn’t really do anything. I was a derivatives trader, and it occurred to me the world would hardly change at all if credit derivatives ceased to exist. Not so nurse practitioners. What had seemed normal now seemed deeply distorted.
  • Wealth addiction was described by the late sociologist and playwright Philip Slater in a 1980 book, but addiction researchers have paid the concept little attention. Like alcoholics driving drunk, wealth addiction imperils everyone.
  • Wealth addicts are, more than anybody, specifically responsible for the ever widening rift that is tearing apart our once great country. Wealth addicts are responsible for the vast and toxic disparity between the rich and the poor and the annihilation of the middle class. Only a wealth addict would feel justified in receiving $14 million in compensation — including an $8.5 million bonus — as the McDonald’s C.E.O., Don Thompson, did in 2012, while his company then published a brochure for its work force on how to survive on their low wages. Only a wealth addict would earn hundreds of millions as a hedge-fund manager, and then lobby to maintain a tax loophole that gave him a lower tax rate than his secretary.
  • DESPITE my realizations, it was incredibly difficult to leave. I was terrified of running out of money and of forgoing future bonuses.
  • The first year was really hard. I went through what I can only describe as withdrawal — waking up at nights panicked about running out of money, scouring the headlines to see which of my old co-workers had gotten promoted.
  • Over time it got easier — I started to realize that I had enough money, and if I needed to make more, I could. But my wealth addiction still hasn’t gone completely away. Sometimes I still buy lottery tickets.
  • In the three years since I left, I’ve married, spoken in jails and juvenile detention centers about getting sober, taught a writing class to girls in the foster system, and started a nonprofit called Groceryships to help poor families struggling with obesity and food addiction.
  • And as time passes, the distortion lessens. I see Wall Street’s mantra — “We’re smarter and work harder than everyone else, so we deserve all this money” — for what it is: the rationalization of addicts. From a distance I can see what I couldn’t see then — that Wall Street is a toxic culture that encourages the grandiosity of people who are desperately trying to feel powerful.
  • I was lucky. My experience with drugs and alcohol allowed me to recognize my pursuit of wealth as an addiction. The years of work I did with my counselor helped me heal the parts of myself that felt damaged and inadequate, so that I had enough of a core sense of self to walk away.
  • Dozens of different types of 12-step support groups — including Clutterers Anonymous and On-Line Gamers Anonymous — exist to help addicts of various types, yet there is no Wealth Addicts Anonymous. Why not? Because our culture supports and even lauds the addiction.
  • Look at the magazine covers in any newsstand, plastered with the faces of celebrities and C.E.O.'s; the superrich are our cultural gods. I hope we all confront our part in enabling wealth addicts to exert so much influence over our country.
  • I recently got an email from a hedge-fund trader who said that though he was making millions every year, he felt trapped and empty, but couldn’t summon the courage to leave. I believe there are others out there.
  • Maybe we can form a group and confront our addiction together. And if you identify with what I’ve written, but are reticent to leave, then take a small step in the right direction. Let’s create a fund, where everyone agrees to put, say, 25 percent of their annual bonuses into it, and we’ll use that to help some of the people who actually need the money that we’ve been so rabidly chasing. Together, maybe we can make a real contribution to the world.
  •  
    "IN my last year on Wall Street my bonus was $3.6 million - and I was angry because it wasn't big enough. I was 30 years old, had no children to raise, no debts to pay, no philanthropic goal in mind. I wanted more money for exactly the same reason an alcoholic needs another drink: I was addicted."
anonymous

Two Decades Of Greed - The Unraveling - 0 views

  • Michael Lewis was a 24 year old Generation X Ivy League graduate who ended up on Wall Street at the outset of the Unraveling. He was flabbergasted by how clueless youngsters could pretend to know what they were doing while taking home phenomenal amounts of money. He was sure it would end in short order. But he was wrong. It built to a decadent crescendo two decades later. It took longer than he expected
  • They were a hollowed out oak tree and Reagan’s defense buildup was the gust of wind that blew the rotting tree over. His achievements were great, but his failure to reduce government spending will haunt the country for decades and planted the seeds of economic disaster.
  • The movie’s message was clear. Unrestrained free-market capitalism with no principles is destructive for society. The movie isn’t anti-capitalism. It distinguishes between the cynical, quick buck culture of the Boomers and the moral hard working culture which had built America.
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  • The 1980’s proceeded as expected with strengthening individualism and weakening institutions. The GI Generation Heroes began to depart from the scene. This steady, cautious, risk adverse generation that built American industry and finance were being pushed into retirement by the Baby Boomer Generation.
  • The delusion of the American populace cannot be underestimated. Their worshipping at the altar of materialism and adoration of Hollywood created pop culture was crucial to the societal delusion.
  • A country that had once produced its way to world domination degenerated into a paper kingdom run by Harvard MBAs, lawyers, tax accountants and central bankers.
  • The result was that the Crisis that arrived in 2005-2008 will be more painful and possibly fatal for the United States. The multiple wars of choice, immense housing bubble, stunning government deficits and unaddressed unfunded liabilities have created a nation weakened and unprepared for the harsh reality ahead. The Empire of Debt has reached epic proportions.
  • Americans are slowly coming to the realization that unbridled greed is not the same as capitalism.
  •  
    A guest post by Tyler Durden at Zero Hedge on June 14, 2010. Thanks to @justinmwhittaker for the hat tip.
anonymous

Diplomacy among the aliens - 0 views

  • The world of the ancient Near East was on a deep level culturally alien to our own, and the period between 1200 and 800 spans a extremely sharp rupture between what came before, and what came after.
  •  
    "The world of the ancient Near East was on a deep level culturally alien to our own, and the period between 1200 and 800 spans a extremely sharp rupture between what came before, and what came after." By Razib Khan at Gene Expression (Discover Magazine) on July 6, 2010.
anonymous

Caucasian Nation - 0 views

  • But it’s futile to insist on nuances of history and law when we’re speaking the language of “offense.” The mythical heartland Sarah Palin speaks from, or for, is full of these voiceless, downtrodden plain folk who are constantly being offended, for whom there is no end to the offenses, real or imagined, perpetrated against them: the Mexican immigrant speaking his native tongue, the Muslim at his prayers, the black man drinking from a public water fountain (oh wait, that one’s not offensive anymore . . .). One of the more charming stories in Budiansky’s history of Reconstruction concerns a Southern gentleman who wanted a freed slave whipped because he had the temerity to wish him “good morning” without being spoken to first. These offended people see with such dreadful clarity things that don’t exist, and so remake reality to suit their grievances.
  • Of course, the majority of white Americans, like the majority of all other kinds of Americans, have good reason to feel aggrieved. They are the victims of bad economic and foreign policies; their state budgets are crippled by debts, their federal legislature is paralyzed, environmental catastrophe stalks their shores, oceans, and atmosphere. But when they go to the polls in November, if they go at all, a fair number of them will cast their vote on the basis of who stood up for them against imaginary Muslim hordes invading lower Manhattan to pray to their terrorist God.
  • In a late interview by turns confessional and triumphant, Lee Atwater, author of the strategy that turned the solidly Democratic, racist South into the solidly Republican, racist South, described the Southern Strategy’s metamorphosis over the years, “You start out in 1954 by saying, ‘Nigger, nigger, nigger.’ By 1968 you can’t say ‘nigger’ — that hurts you. Backfires. So you say stuff like forced busing, states’ rights and all that stuff. You’re getting so abstract now [that] you’re talking about cutting taxes, and all these things you’re talking about are totally economic things and a byproduct of them is blacks get hurt worse than whites.” Partly through Atwater, Republicans developed a kind of reverse means test, an economic version of the old “one-drop rule.” Policies that were likely to help blacks, even if they were also likely to help poor whites, because they were policies largely designed to help the poor, regardless of color, became issues to campaign against: welfare, health care, federal education funding, progressive taxation, clean air regulations, funding for public transportation, just about any “progressive policy” you can think of. Some whites would be hurt, but blacks would be hurt worse. This has proved true. African Americans as a group are still poorer than whites as a group, regardless of the achievements of this generation’s talented tenth and of the growing army of the unemployed of all colors.
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  • The ideology of states’ rights against federal enforcement, the metastasized right to bear arms, the fear of “big government” intervention — these were the pillars on which the Confederate and later segregationist South sought to erect a white plantation nation.
  • As of right now, there exists no serious strategy to combat this new bigotry. The Democratic leadership appears content to hope that once these radical Republican race-baiters take control of Congress after the midterm elections, the ordinary responsibilities and realities of power will force them to abandon the strategies they used to obtain power.
  • Instead of being “overcome,” historic American racism against nonwhite people has gone into deep cover and, with the irrefutable illogic of the unconscious, emerged as a newfangled American antiracism for the protection of white people.
  • “This guy, is, I believe, racist,” said Glenn Beck of Obama back in 2009, probably because he believed, like Breitbart, that when you accuse somebody of racism, however baselessly, the burden of proof shifts to the accused.
  • The crowds thronging to join Beck’s march on Washington — conveniently coinciding with the 47th anniversary of King’s “I had a dream” speech — showed the rest of us that Obama’s “postracial” America looks a lot like racial America.
  • In fact there has been an authentic white culture in American history, or rather a way of life concerned above all with the protection and preservation of white ethnic domination, and playing up the white victim has always been a part of it.
  • Even though we’ve mostly done away with outright racial violence, the memory of violence survives in the symbolism of  the Shirley Sherrod affair, the signs at Tea Party protests that say “the zoo has an African Lion and the White House has a Lyin’ African,” and the “open carry” demonstrations sponsored by the NRA, descendant of the Confederate gun clubs, at the town hall meetings for national health care.
  • Even so we have not yet achieved a more intriguing benchmark of progress: the election to the presidency of the descendant of an actual slave.
  • The most enduring behaviors of nations, like the hardest-to-break habits of individuals, are those we are least aware of. The new racists — that is to say, “concerned citizens” of Caucasian descent — seem only dimly conscious of past American racism, an ignorance no doubt unconsciously maintained, but more potent for that. Journalists for supposedly liberal publications like the Times and the New Republic have sought “actual racists” in the Tea Party movement and, because no one would say the N-word on the record, duly exonerated the Tea Partiers of racist intent. In exchange, Tea Party spokespeople acknowledge that the odd unreconstructed crank might turn up at one of their rallies. It’s a free country. All the reporters could find was that self-identified Tea Partiers were more likely than most Americans to pick a poll option asserting that “too much attention has been paid to problems facing Black Americans.”
  • Ostensibly, then, all the Tea Partiers want are the same contradictory things that most real Americans want: Medicare benefits, disproportionate federal spending on rural districts, and no taxes. As a T-shirt puts it, “I’ll keep my guns, money, and freedom, you can keep the ‘Change.’” But the summer’s events show that the defense of unthreatened freedoms counts for less than an apparently widespread white wish to make more out of their difficulties than other people. This is no longer a culture war, a revolt of stoics against the “culture of complaint,” but something deeper and older that precedes the identity politics movements it aims to subvert. Forty-two years after the Civil Rights Act, white people who still think of themselves predominantly as “white people” want to air their grievances with the aid of a social movement. One half of what passes for American two-party discourse calls now for another rebirth of a nation: the Caucasian States of America, a postmodern ethno-nationalist republic.
  • The Confederacy provided us with our own native opposition to classical 19th-century Liberalism, both economic and political, and it shouldn’t really be that surprising that contemporary antiliberalism with strong support in the former slave and border states borrows its language and gestures.
  • The robust case for dominating other people sounds awful to most American ears today. So the contemporary idea of ethnocracy relies instead on an opposite rhetoric of victimization. The simple-minded mantra we’re taught in grade school goes like this: blacks good because oppressed, whites bad because oppressors. So if whites suddenly became oppressed, even while remaining the majority, they would magically become good again. Many Americans are now being taught to think this way.
  • There is no dispute that both American common-law traditions of liberty of conscience and the First Amendment protect the construction of the center, regardless of its popularity. It shouldn’t be a big deal. And yet: “Ground Zero Mosque supporters: doesn’t it stab you in the heart, as it does ours throughout the heartland? Peaceful Muslims, pls refudiate,” tweeted Sarah Palin, white goddess of the victimization movement. This opening salvo was later amended, with little more grammatical success, to “Peaceful New Yorkers, pls refute the Ground Zero mosque plan if you believe catastrophic pain caused @ Twin Towers site is too raw, too real.” The idea that 9/11 somehow taints all of Islam, so that all Muslims should be honor-bound not to practice their religion within an unspecified radius of Ground Zero for fear of hurting other people’s feelings — this is like the blood libel meets Oprah.
  •  
    "Last week, the NAACP released a detailed report tracking racist elements in the Tea Party. Looking past smoking gun links to actual card-carrying white supremacists, Marco Roth argues that the rhetoric of the Tea Party is tainted, from its very origins, with a long-running strain of "white victimization" politics, dating back to the Confederate South's refusal to accept that it had lost the Civil War." By Marco Roth at n+1 on October 25, 2010.
anonymous

Did Culture, Not Biology, Develop Humanity's Sense of Fair Play? - 0 views

  • in a new study published in Science, scientists studying groups of people from different societies have suggested that our sense of fairness may depend on the type of society we live in.
  • Lead researcher Joseph Henrich observed that members of smaller groups were unwilling to punish selfish behavior and were willing to keep much of the money for themselves. This may be because smaller communities lack the social norms or informal institutions like markets and religion, causing them to have narrower concepts of fairness.
  • However critics argue that in the absence of cultural context, the tests seem weak. Terming the games an “artificial situation,” evolutionary game theorists Martin Nowak and David Rand pointed out that college students are “used to [such] concepts and hunter-gatherers aren’t. Who knows how they’re understanding the game?”
  •  
    From Discover Magazine Blogs, by Smriti Rao on March 22, 2010.
anonymous

Backs to the Future - 0 views

  • New analysis of the language and gesture of South America’s indigenous Aymara people indicates a reverse concept of time.
  • “Until now, all the studied cultures and languages of the world – from European and Polynesian to Chinese, Japanese, Bantu and so on – have not only characterized time with properties of space, but also have all mapped the future as if it were in front of ego and the past in back. The Aymara case is the first documented to depart from the standard model,” said Nunez.
  • no one had previously detailed the Aymara’s “radically different metaphoric mapping of time” – a super-fundamental concept, which, unlike the idea of “democracy,” say, does not rely on formal schooling and isn’t an obvious product of culture.
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  • Why, however, is not entirely certain. One possibility, Nunez and Sweetser argue, is that the Aymara place a great deal of significance on whether an event or action has been seen or not seen by the speaker.
  • This cultural, cognitive-linguistic difference could have contributed, Nunez said, to the conquistadors’ disdain of the Aymara as shiftless – uninterested in progress or going “forward.”
  •  
    By Inga Kiderra on June 12, 2006. Referred to by Dave Gottlieb. More thoughts about time, the future, and the past. Thanks, Dave.
anonymous

On Closing the Culture Gap - 0 views

  • acquiring a fundamental understanding of cultural evolution just might be the key to saving civilization from itself.
  • No living person knows even a billionth of the cultural information possessed by humanity. No reader of Seed could assemble a 747 from its parts, let alone tell how each part was manufactured, where, and from what.
    • anonymous
       
      This is what The Long Now is dedicated toward: a repository of essential knowledge for our species.
  • The discourse would emphasize that our brilliant, dominant species has undermined its own life-support systems. It now faces a daunting array of self-generated threats, ones that the human family could cooperatively organize to fight and, with luck, overcome by avoiding the first collapse of a global civilization.
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  • Climate change, biodiversity loss, nuclear conflict—all are caused by human activity. We need a way to reorganize and refocus the sciences and humanities with a “Millennium Assessment of Human Behavior.”
  •  
    By Paul Ehrlich in Seed Magazine on April 8, 2010.
anonymous

The Gen-X Nostalgia Boom - 2 views

  • We bristled when we heard them wax self-congratulatory about ending segregation and war
  • We resented their monopoly on cultural space, realizing that “boom” also described what their collective voice would always be, compared with our demographically feeble squeak.
    • anonymous
       
      I was a late bloomer in this regard. When I finally had a small degree of cultural awareness, I began to note things. Mainly that my music sucked, we sucked, and everything was better before I was around.
  • And when they did briefly notice us, in the Generation X media frenzy of the mid-1990s, it was only to reduce diverse people and experiences to catchwords like “slackers” and “grunge” and dismiss paralyzing economic and ecological anxiety as privileged extended-adolescent angst.
    • anonymous
       
      I had that TIME Magazine. I used to read P.J. O'Rourke bitching about my generation. I bristled at being called a gen-x'er (I only ever tolerated grunge). As quickly as that media fascination came, it went. I guess maybe we were 'dealt with'.
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  • I would say we were marked by two traits: our dislike of nostalgia and our irritation whenever our barely formed narratives were appropriated and marketed back at us.
  • it brings on something of an identity crisis to see Gen X’s formative years become part of the cycle of retro revivalism
  • Meanwhile MTV is exhuming “Beavis and Butt-head” and “Pop-Up Video,” while Nickelodeon is offering a 1990s-themed block of late-night programming with old shows like “The Adventures of Pete & Pete,” presumably to help herbally sautéed 20-somethings regress in giggly reminiscence.
    • anonymous
       
      With our beer bongs and our hula hoops.
  • Most kids who entered college this year weren’t even born when grunge broke. If it’s too soon, you’re too old.
    • anonymous
       
      Ouch.
  • But of course we are not just the unwilling victims of the 20-year cycle of resuscitation. We are its architects, as a few of us have been able to wrest culturally influential posts away from baby boomers.
    • anonymous
       
      S&H would (probably) argue that this is because Gen X is a reactive one (like Silents). 
  • One of The Onion’s most biting headlines this year: “Winona Ryder finally agrees to sleep with Generation X.”
  • This is the sting in the rising buzz of 1990s nostalgia: It feels like retroactively giving in to those reductive media representations.
  • At that time, the sharpest articulation of generational pique was found in The Baffler
  • Now we’ll get to see how The Baffler dissects the rise of Gen-X-Squared
  • age can prompt even the most cynical to realize not only nostalgia’s sickly-sweet temptation but also its usefulness.
  • What is nostalgia good for, then?
  • it runs search-and-rescue missions against the disposability of consumer capitalism
  • And it raises exception to the great leveling effect of the Internet
  • In intimate terms, nostalgia is a glue that reinforces bonds of solidarity and shared experience
    • anonymous
       
      And that's one reason why, as much as I railed against the Gen X label, I certainly was part of a peer group with shared experiences.
  • Today’s Birthers and Tea Partiers seem less apocalyptic if you remember that the last time a Democratic president battled Republicans over health care and federal budgets, he was being smeared as a conspiratorial murderer.
  • So how can an anti-nostalgic generation honor its past without becoming the thing it hated?
  • One answer is the old standby: Gen X’s endemic, possibly pathological, sarcasm.
  • Rather than the 1990s being, as the demoralizing claim went, the “end of history,” it turned out to be more like a mix-tape pause of history between the fall of the Berlin Wall and 9/11, a kind of break from big convulsions while humankind mainly figured out how to work the Internet.
    • anonymous
       
      That's a great bit.
  • There’s a model here for nostalgia that doesn’t wish away the distance between past and present; doesn’t romanticize the past as tragic and heroic; and doesn’t simply trivialize it (as so much 1980s nostalgia did) as trite and silly.
  •  
    Long before we had much life to look back on, North Americans my age knew that nostalgia was a sickness. It's not that we were aware the term was coined to describe the crippling melancholia that overcame many 17th-century Swiss soldiers when war took them away from the bucolic mountain landscapes of home. It was that, being in our teens and 20s in the early 1990s, we had grown up in the penumbra of the great eclipsing nostalgia of the baby boomers
  •  
    And here I could swear I've been toying with nostalgia my whole life. Mind you, it was always nostalgia for previous countercultural movements.
anonymous

The Geopolitics of the United States, Part 1: The Inevitable Empire - 0 views

  • All of the New World entities struggled to carve a modern nation and state out of the American continents. Brazil is an excellent case of how that struggle can be a difficult one. The United States falls on the opposite end of the spectrum.
  • The Greater Mississippi Basin together with the Intracoastal Waterway has more kilometers of navigable internal waterways than the rest of the world combined. The American Midwest is both overlaid by this waterway, and is the world’s largest contiguous piece of farmland. The U.S. Atlantic Coast possesses more major ports than the rest of the Western Hemisphere combined.
  • Two vast oceans insulated the United States from Asian and European powers, deserts separate the United States from Mexico to the south, while lakes and forests separate the population centers in Canada from those in the United States.
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  • The United States has capital, food surpluses and physical insulation in excess of every other country in the world by an exceedingly large margin. So like the Turks, the Americans are not important because of who they are, but because of where they live.
  • Climatically, the continent consists of a series of wide north-south precipitation bands largely shaped by the landmass’ longitudinal topography.
  • The Rocky Mountains dominate the Western third of the northern and central parts of North America
  • Farther east of this semiarid region are the well-watered plains of the prairie provinces of Canada and the American Midwest
  • East of this premier arable zone lies a second mountain chain known as the Appalachians.
  • North of the Great Lakes region lies the Canadian Shield, an area where repeated glaciation has scraped off most of the topsoil.
  • The continent’s final geographic piece is an isthmus of varying width, known as Central America, that is too wet and rugged to develop into anything more than a series of isolated city-states, much less a single country that would have an impact on continental affairs. Due to a series of swamps and mountains where the two American continents join, there still is no road network linking them, and the two Americas only indirectly affect each other’s development.
  • The most distinctive and important feature of North America is the river network in the middle third of the continent.
  • Very few of its tributaries begin at high elevations, making vast tracts of these rivers easily navigable. In the case of the Mississippi, the head of navigation — just north of Minneapolis — is 3,000 kilometers inland.
  • The unified nature of this system greatly enhances the region’s usefulness and potential economic and political power.
  • shipping goods via water is an order of magnitude cheaper than shipping them via land.
  • in the petroleum age in the United States, the cost of transport via water is roughly 10 to 30 times cheaper than overland.
  • This factor is the primary reason why the major economic powers of the past half-millennia have been Japan, Germany, France, the United Kingdom and the United States.
  • the watershed of the Greater Mississippi Basin largely overlays North America’s arable lands.
  • The vast bulk of the prime agricultural lands are within 200 kilometers of a stretch of navigable river.
  • the river network’s unity greatly eases the issue of political integration.
  • All of the peoples of the basin are part of the same economic system, ensuring constant contact and common interests. Regional proclivities obviously still arise, but this is not Northern Europe, where a variety of separate river systems have given rise to multiple national identities.
  • It is worth briefly explaining why STRATFOR fixates on navigable rivers as opposed to coastlines.
  • First, navigable rivers by definition service twice the land area of a coastline (rivers have two banks, coasts only one).
  • Second, rivers are not subject to tidal forces, greatly easing the construction and maintenance of supporting infrastructure.
  • Third, storm surges often accompany oceanic storms, which force the evacuation of oceanic ports.
  • coastal regions are a poor second compared to lands with navigable rivers.
  • There are three other features — all maritime in nature — that further leverage the raw power that the Greater Mississippi Basin provides.
  • First are the severe indentations of North America’s coastline, granting the region a wealth of sheltered bays and natural, deep-water ports.
  • Second, there are the Great Lakes.
  • Third and most important are the lines of barrier islands that parallel the continent’s East and Gulf coasts.
  • Thus, the Greater Mississippi Basin is the continent’s core, and whoever controls that core not only is certain to dominate the East Coast and Great Lakes regions but will also have the agricultural, transport, trade and political unification capacity to be a world power — even without having to interact with the rest of the global system.
  • There are many secondary stretches of agricultural land as well
  • The rivers of the American Atlantic coastal plain — flowing down the eastern side of the Appalachians — are neither particularly long nor interconnected. This makes them much more like the rivers of Northern Europe in that their separation localizes economic existence and fosters distinct political identities, dividing the region rather than uniting it. The formation of such local — as opposed to national — identities in many ways contributed to the American Civil War.
  • What is now Mexico lacks even a single navigable river of any size. Its agricultural zones are disconnected and it boasts few good natural ports.
  • Canada’s maritime transport zones
  • Its first, the Great Lakes, not only requires engineering but is shared with the United States.
  • The second, the St. Lawrence Seaway, is a solid option (again with sufficient engineering), but it services a region too cold to develop many dense population centers.
  • So long as the United States has uninterrupted control of the continental core — which itself enjoys independent and interconnected ocean access — the specific locations of the country’s northern and southern boundaries are somewhat immaterial to continental politics.
  • The eastern end of the border could be anywhere within 300 kilometers north or south of its current location (at present the border region’s southernmost ports — Brownsville and Corpus Christi — lie on the U.S. side of the border). As one moves westward to the barren lands of New Mexico, Arizona, Chihuahua and Sonora, the possible variance increases considerably. Even controlling the mouth of the Colorado River where it empties into the Gulf of California is not a critical issue, since hydroelectric development in the United States prevents the river from reaching the Gulf in most years, making it useless for transport.
    • anonymous
       
      As a fun project, I'd love to create a map that depicts what could be the outer edges of the American political map without changing its core strategic position.
  • In the north, the Great Lakes are obviously an ideal break point in the middle of the border region, but the specific location of the line along the rest of the border is largely irrelevant. East of the lakes, low mountains and thick forests dominate the landscape — not the sort of terrain to generate a power that could challenge the U.S. East Coast.
  • The border here could theoretically lie anywhere between the St. Lawrence Seaway and Massachusetts without compromising the American population centers on the East Coast
  • So long as the border lies north of the bulk of the Missouri River’s expansive watershed, the border’s specific location is somewhat academic, and it becomes even more so when one reaches the Rockies.
  • On the far western end of the U.S.-Canada border is the only location where there could be some border friction. The entrance to Puget Sound — one of the world’s best natural harbors — is commanded by Vancouver Island.
  • Most of the former is United States territory, but the latter is Canadian — in fact, the capital of British Columbia, Victoria, sits on the southern tip of that strategic island for precisely that reason.
  • It is common knowledge that the United States began as 13 rebellious colonies along the east coast of the center third of the North American continent. But the United States as an entity was not a sure thing in the beginning
  • France controlled the bulk of the useful territory that in time would enable the United States to rise to power, while the Spanish empire boasted a larger and more robust economy and population in the New World than the fledgling United States.
  • Most of the original 13 colonies were lightly populated by European standards — only Philadelphia could be considered a true city in the European sense — and were linked by only the most basic of physical infrastructure. Additionally, rivers flowed west to east across the coastal plain, tending to sequester regional identities rather than unify them.
  • But the young United States held two advantages.
  • First, without exception, all of the European empires saw their New World holdings as secondary concerns.
  • With European attentions diverted elsewhere, the young United States had an opportunity to carve out a future for itself relatively free of European entanglements.
  • Second, the early United States did not face any severe geographic challenges. The barrier island system and local rivers provided a number of options that allowed for rapid cultural and economic expansion up and down the East Coast.
  • This was not England, an island that forced the early state into the expense of a navy. This was not France, a country with three coasts and two land borders that forced Paris to constantly deal with threats from multiple directions. This was not Russia, a massive country suffering from short growing seasons that was forced to expend inordinate sums of capital on infrastructure simply to attempt to feed itself.
  • Instead, the United States could exist in relative peace for its first few decades without needing to worry about any large-scale, omnipresent military or economic challenges, so it did not have to garrison a large military.
    • anonymous
       
      Maybe our obsession with some mythical, truly free market stems from these early roots and is nourished by continued favorable geographic conditions. I wonder if that's one reason we're incredulous that other nations don't adopt our various policies. We have unique circumstances and are oblivious to the fact. 
  • it is inevitable that whoever controls the middle third of North America will be a great power.
    • anonymous
       
      In classic StratFor fashion, the monograph extensively lays out the geographic (and some brief historical relevance) situation without reference to founding fathers or 'sacred' mentalities. On a very personal note, this is a reason that I prefer this style. On the left and right, there's a strong desire to steer perceptions. Surely, StratFor is no different, but it steers perceptions to a particular frame of scale.
  • The United States’ strategic imperatives are presented here in five parts. Normally imperatives are pursued in order, but there is considerable time overlap between the first two and the second two.
  • 1. Dominate the Greater Mississippi Basin
  • The early nation was particularly vulnerable to its former colonial master.
  • There are only two ways to protect a coastal community from sea power. The first is to counter with another navy.
  • The second method of protecting a coastal community is to develop territories that are not utterly dependent upon the sea.
  • Achieving such strategic depth was both an economic and a military imperative.
  • The United States was entirely dependent upon the English imperial system not just for finished goods and markets but also for the bulk of its non-agricultural raw materials, in particular coal and iron ore.
  • The Appalachians may not be the Swiss Alps, but they were sufficiently rugged to put a check on any deep and rapid inland expansion.
  • The Ohio River faced the additional problem of draining into the Mississippi, the western shore of which was the French territory of Louisiana
  • The United States solved this problem in three phases.
  • First, there was the direct purchase of the Louisiana Territory from France in 1803.
  • At the time, Napoleon was girding for a major series of wars that would bear his name. France not only needed cash but also to be relieved of the security burden of defending a large but lightly populated territory in a different hemisphere.
  • The Louisiana Purchase not only doubled the size of the United States but also gave it direct ownership of almost all of the Mississippi and Missouri river basins.
  • The inclusion of the city of New Orleans in the purchase granted the United States full control over the entire watershed.
  • The second phase of the strategic-depth strategy was the construction of that different route: the National Road (aka the Cumberland Road).
  • This single road (known in modern times as Interstate 40 or Interstate 70 for most of its length) allowed American pioneers to directly settle Ohio, Indiana, Illinois and Missouri and granted them initial access to Michigan, Wisconsin, Iowa and Minnesota.
  • For the better part of a century, it was the most heavily trafficked route in the country
  • the original 13 colonies were finally lashed to the Greater Mississippi Basin via a route that could not be challenged by any outside power.
  • The third phase of the early American expansion strategy was in essence an extension of the National Road via a series of settlement trails, by far the most important and famous of which was the Oregon Trail.
  • The trail was directly responsible for the initial settling of Kansas, Nebraska, Wyoming, Idaho and Oregon. A wealth of secondary trails branched off from the main artery — the Mormon, Bozeman, California and Denver trails — and extended the settlement efforts to Montana, Colorado, Utah, Nevada and California.
  • That project’s completion reduced East Coast-West Coast travel time from six months to eight days and slashed the cost by 90 percent (to about $1,100 in 2011 dollars).
  • Collectively, the Louisiana Purchase, the National Road and the Oregon Trail facilitated the largest and fastest cultural expansion in human history.
  • From beginning to end, the entire process required less than 70 years.
  • The Columbia River Valley and California’s Central Valley are not critical American territories.
  • among other things, they grant the United States full access to the Pacific trading basin — only that control of them is not imperative to American security.
  • 2. Eliminate All Land-Based Threats to the Greater Mississippi Basin
  • The first land threat to the young United States was in essence the second phase of the Revolutionary War
  • the British navy could outmatch anything the Americans could float
  • Geopolitically, the most critical part of the war was the participation of semi-independent British Canada.
  • Canadian forces, unlike the British, did not have a supply line that stretched across the Atlantic.
  • Canada is far enough north that its climate is far harsher than that of the United States, with all of the negative complications one would expect for population, agriculture and infrastructure.
  • What few rivers Canada has neither interconnect nor remain usable year round.
  • Most of these river connections also have rapids and falls, greatly limiting their utility as a transport network.
  • the St. Lawrence Seaway — a series of locks that link the St. Lawrence River to the Great Lakes and allow full ocean access — was not completed until 1959.
  • Newfoundland and Prince Edward Island — are disconnected from the Canadian landmass and unable to capitalize on what geographic blessings the rest of the country enjoys
  • what population centers Canada does have are geographically sequestered from one another by the Canadian Shield and the Rocky Mountains.
  • All four provinces have been forced by geography and necessity to be more economically integrated with their southern neighbors than with their fellow Canadian provinces.
    • anonymous
       
      Here's a key fact that I have never read anywhere else. I would love to learn more about this. It's surely plausible; I just find it funny that it's been omitted from view.
  • The British were exhausted from the Napoleonic Wars in Europe and, with the French Empire having essentially imploded, were more interested in reshaping the European balance of power than re-engaging the Americans in distant North America.
  • the Americans were mobilized, angry and — remembering vividly the Canadian/British sacking of Washington — mulling revenge.
  • This left a geographically and culturally fractured Canada dreading a long-term, solitary confrontation with a hostile and strengthening local power. During the following decades, the Canadians had little choice but to downgrade their ties to the increasingly disinterested British Empire, adopt political neutrality vis-a-vis Washington, and begin formal economic integration with the United States. Any other choice would have put the Canadians on the path to another war with the Americans (this time likely without the British), and that war could have had only one outcome.
  • Using a combination of illegal settlements, military pressure and diplomacy, the United States was able to gain control of east and west Florida from Madrid in 1819 in exchange for recognizing Spanish claims to what is now known as Texas
  • the United States’ efforts to secure its southwestern borders shifted to a blatant attempt to undermine and ultimately carve up the one remaining Western Hemispheric entity that could potentially challenge the United States: Mexico.
  • the United States quickly transformed itself from a poor coastal nation to a massively capital-rich commodities exporter.
  • But these inner territories harbored a potentially fatal flaw: New Orleans.
  • the biggest potential security threat to the United States was newly independent Mexico, the border with which was only 150 kilometers from New Orleans. In fact, New Orleans’ security was even more precarious than such a small distance suggested.
  • Just as the American plan for dealing with Canada was shaped by Canada’s geographic weakness, Washington’s efforts to first shield against and ultimately take over parts of Mexico were shaped by Mexico’s geographic shortcomings.
  • In the United States, the cheap transport system allowed early settlers to quickly obtain their own small tracts of land.
  • in time the wealth accumulated to the point that portions of the United States had the capital necessary to industrialize.
  • Mexico, in contrast, suffered from a complete lack of navigable rivers and had only a single good port (Veracruz).
  • First and most obviously, the lack of navigable waterways and the non-abundance of ports drastically reduced Mexico’s ability to move goods and thereby generate its own capital. Second, the disassociated nature of Mexico’s agricultural regions forced the construction of separate, non-integrated infrastructures for each individual sub-region, drastically raising the costs of even basic development.
  • Third, the highland nature of the Mexico City core required an even more expensive infrastructure, since everything had to be transported up the mountains from Veracruz.
  • the 410-kilometer railway linking Mexico City and Veracruz was not completed until 1873. (By that point, the United States had two intercontinental lines and roughly 60,000 kilometers of railways.)
  • very different economic and social structure
  • Instead of small landholdings, Mexican agriculture was dominated by a small number of rich Spaniards
  • The Mexican landowners had, in essence, created their own company towns and saw little benefit in pooling their efforts to industrialize. Doing so would have undermined their control of their economic and political fiefdoms.
  • This social structure has survived to the modern day, with the bulk of Mexican political and economic power held by the same 300 families that dominated Mexico’s early years, each with its local geographic power center.
  • In just two generations — by 1870 — the American population had ballooned to 38.6 million while Mexico’s was only 8.8 million.
  • The American effort against Mexico took place in two theaters.
  • The first was Texas, and the primary means was settlement as enabled by the Austin family.
  •  
    "This installment on the United States, presented in two parts, is the 16th in a series of STRATFOR monographs on the geopolitics of countries influential in world affairs."
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