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anonymous

The creepy, dangerous ideology behind Silicon Valley's Cult of Disruption - 1 views

  • The pro-Disruption argument goes like this: In a digitally connected age, there’s absolutely no need for public carriage laws (or hotel laws, or food safety laws, or… or…) because the market will quickly move to drive out bad actors. If an Uber driver behaves badly, his low star rating will soon push him out of business.
  • It’s a compelling message but also one with dire potential consequences for public safety, particularly for those who can’t afford to take a $50 cab ride to Whole Foods.
  • “Just because there are people who want to rape, murder, or rob you shouldn’t prevent me from making another million dollars,” he’ll argue.
    • anonymous
       
      not a straw man argument, sadly.
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  • The truth is, what Silicon Valley still calls “Disruption” has evolved into something very sinister indeed. Or perhaps “evolved” is the wrong word: The underlying ideology — that all government intervention is bad, that the free market is the only protection the public needs, and that if weaker people get trampled underfoot in the process then, well, fuck ‘em — increasingly recalls one that has been around for decades. Almost seven decades in fact, since Ayn Rand’s “The Fountainhead” first put her on the radar of every spoiled trust fund brat looking for an excuse to embrace his or her inner asshole. (For a delightful essay on that subject, I recommend Jason Heller’s “I Was A Teenage Randroid.”)
  • Let’s consider how Kalanick treated his Uber taxi drivers in New York. When he was trying to convince them to break the law to boost Uber’s footprint in the city, Kalanick offered yellow cab drivers free iPhones and promised to “take care of” any legal problems they encountered with the TLC. A few short months later, when the service was forced to close, those same drivers received a message to come to Uber HQ. Reports the Verge… Multiple drivers said Uber called them into headquarters, claiming they needed to come by in order to get paid and would get a cash bonus for showing up. When the cabbies came in, Uber surprised them by asking for the device back, informing them that taxi service was no longer available in New York. That’s classic Rand right there. The more replaceable the worker, the more they can be treated like total shit. After all, if they’re so damn special, they can always leave and find another job.
  • “The notion that there some sort of deal or arrangement or whatever was just not the case,” said Kalanick in an interview with the Washington Post. How embarrassing, then, when the Post uncovered documents proving that Uber had indeed tried to make under the table arrangements to operate in DC. Or as the Post’s Mike DeBonist put it: “If you’re going to be dismissive of backroom deals, it behooves you to stay out of backrooms.”
  • And there’s the rub. Given their Randian origins, we kid ourselves if we think most Disruptive businesses are fighting government bureaucracy to bring us a better deal.
  • A Disruptive company might very well succeed in exposing government crooks lining their pockets exploiting outdated laws, but that’s only so the Disruptor can line his own pockets through the absence of those same laws. A Disruptive company may give you free candy in your 50-dollar cab but, again, that’s only because doing so is good business. If poisoning that same candy suddenly becomes better business (like encouraging New York cab drivers to be distracted by their phones, or putting vulnerable people at risk of attack is better business)… well maybe that’s an option worth exploring too. After all, food safety legislation is just another attempt by the government to drive Disruptive businesses off the road.
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    The pro-Disruption argument goes like this: In a digitally connected age, there's absolutely no need for public carriage laws (or hotel laws, or food safety laws, or… or…) because the market will quickly move to drive out bad actors. If an Uber driver behaves badly, his low star rating will soon push him out of business.
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    I'm going to have to dig into this. I don't see the necessary connection between valuing "disruptive" and being a Randian. I'm sure there are sociopathic enterprises that claim to be disruptive, but that doesn't equate the two.
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    Looking at the rest of the (lengthy) piece, I get the sense that the real nested claim here is that most people claiming to be disruptive are of this radical libertarian egotist ilk.
anonymous

Everything You Know About Fitness is a Lie - 0 views

shared by anonymous on 15 Dec 11 - Cached
  • Weight machines, on the other hand, are far more insidious because they appear to be a huge technological advance over free weights. But quite the opposite is true: Weight machines train individual muscles in isolation, while the rest of you sits completely inert. This works okay for physical therapy and injury rehab, and it’s passable for bodybuilding, but every serious strength-and-conditioning coach in America will tell you that muscle-isolation machines don’t create real-world strength for life and sport.
  • Most gyms do include a few token free weights, but think about where you’ll find them: around the edges of the room, like fresh fruits and vegetables in a supermarket that gives all the prime middle-of-the-store shelf space to Frosted Flakes and frozen cheesecake. Truly indispensable gear — like the good old-fashioned adjustable barbell rack, the sine qua non of any remotely serious gym — has, by contrast, become a downright rarity. As for niche but no less important equipment like an Olympic lifting platform, forget about it: The lawyers would never let it through the door.
  • Here’s the problem: If you’re in the fitness-equipment business, free weights are a loser.
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  • Commercial health clubs need about 10 times as many members as their facilities can handle, so designing them for athletes, or even aspiring athletes, makes no sense.
  • Next up, shake hands with that nice, buff guy in the “trainer” shirt, and confess that you really don’t have a clue how to use a gym but that you’re into outdoor sports and you want to stay fit enough to have fun on weekends. He’ll nod a lot and pretend to take notes. Then he’ll measure your body fat with some high-tech-looking device and ask you lots of questions, ultimately convincing you to hire him twice a week.
    • anonymous
       
      This is known as the *Chiropractor* approach.
  • these days, it’s all about “functional fitness,” a complex integration of balance and stability and strength.
  • My conversion moment came in a garage-like industrial space next to an ATV rental yard in Jackson Hole, Wyoming. I was lying on a concrete floor, near puking, having just humiliated myself on the king of all strength exercises, the old-school back squat. “The best thing I can do for an athlete,” coach Rob Shaul said to me as I struggled to get up, “is to make him strong. Strength is king, and you’re fucking little-girl weak.”
  • I jumped on a plane, slept in a motel, gulped a crappy coffee, drove down a lonely highway, and presented myself. Beneath the Mountain Athlete banners, I saw nothing but dumbbells, barbells, iron weight plates, braided climbing ropes hanging off the ceiling, pull-up bars, and dip bars. No mirrors, no TVs, no music, no elliptical trainers, no weight machines, and, to my annoyance, absolutely no rubber bands or stability balls.
  • He ordered us over to the barbell racks, telling us to work our way up to the heaviest squat we could do once. I realized that I had never done this particular test in my life. In fact, the more I thought about it, the more certain I became that I’d never even done plain old squats. Wasn’t it far better to squat on a stability ball and get all that additional balance and core work?
  • The rest of the session — more barbell moves, along with push-ups, pull-ups, and dips — revealed more of the same. I was, in a word, weak. Not even middle-aged-lady weak — little-girl weak.
  • True sport-specific training, for literally everybody except elite athletes, isn’t sport-specific at all. It’s about getting strong, durable, and relentless in simple, old-school ways that a man can train, test, and measure. Nobody does crunches training this way, nobody watches television from the stationary bike, and 60-year-old women dead-lift 200 pounds and more.
  • And now I knew this wasn’t about a gym or about gym equipment; it was about an ethos, an understanding that nothing on Earth beats the fundamentals, a commitment to regular, measurable improvement in everything that a gym trainer won’t teach, for fear you’ll walk away bored: push-ups, pull-ups, bench presses, squats, dead lifts, and even such military-seeming tests as just how fast you can run a single mile.
  • TRUTH 3: ONCE YOU “GET IT,” YOU’LL LOVE IT.
  • Shaul’s guys out in Wyoming get massively strong and powerful on precisely three gym sessions a week, each lasting an hour and no more. Louie Simmons, the single biggest name in gorilla-style competitive power lifting, will tell you that 45 minutes is the max length of any smart training session.
  • Strength means how much you can lift once
  • Power is a more slippery term that means “speed strength,” or how much you can lift very, very quickly
  • Muscle mass can be a liability in sports like climbing, where it’s all about strength-to-weight ratio, but mass helps enormously with games like rugby and football, and it can support strength and power
  • Muscular endurance means how many times you can lift a given weight in a row without stopping
  • Down the road, if you’re like me, you’ll want to train multiple aptitudes at once: strength, power, and endurance.
  • Every serious strength-and-conditioning coach sticks to the basic barbell movements, because our bodies don’t operate as single muscles — they operate as a whole.
  • First: The human body adapts to stress. Throw us in ice-cold water every day and we’ll sprout subcutaneous fat for insulation; expose us to the desert sun and our skin will darken. What this means for getting in shape is that each week, you have to stress your body a little more than last time — lift a little heavier, run a little harder. Muscles weaken with exhaustion after a workout, but then they recover and typically, a few days later, go into what’s known as “supercompensation,” a fancy word that just means bouncing back a little stronger than before.
  • Finally, keep it simple; understand that variety is overrated. Variety does stave off boredom — it’s fun to mix in new exercises all the time — but a guy who hasn’t trained in a long time, if ever, will get stronger faster on the simplest program of squats, dead lifts, and presses, three times a week.
  • To get it just right, keep meticulous records, writing down every rep and every lift so your targets for each workout are easy to spot and your gains are easy to measure.
  • This simple formula is 90 percent of what you need to know, and you now officially know more than the buff 25-year-old doing your gym-membership orientation.
  • “Somewhere inside every man’s body,” Brown told me, lying in a La-Z-Boy, “there’s a weak link, a weak muscle waiting to fail. My job is to find that muscle and make it strong.”
  • two problems: First, if you have powerful prime movers from doing muscle-isolation machines at the gym but weak stabilizers because you rarely get to play a sport, you can’t access all your strength when you, say, bang off a mogul on a ski hill
  • Second, and worse still, the strength of the prime movers can shred your unstable joints.
  • He returned to the matters at hand, telling me that my weak knees and shoulder, my tight neck and spastic lumbar, were absolutely typical of a middle-aged recreational athlete with a desk job who spends all day slumped over and slack and then goes out and plays hard. Ignore this stuff, he said, and keep training, and I was guaranteed to get injuries that could set me back for a year. The good news, Brown told me, was that joint stability in each area could be traced to a remarkably small number of tiny stabilizer muscles. And while you could spend a fortune on physical therapists, trying to get them to tell you the same thing, you could also just start exercising those stabilizers. “I’m not reinventing the wheel here,” Brown told me. “This is just better-mousetrap kind of stuff.”
  • One book in particular, Mark Rippetoe’s Starting Strength: Basic Barbell Training, inspired me to start with the very first of the Fundamental Four: strength. I liked the clarity of the word, and I liked the idea of keeping life simple, learning one aptitude at a time. Many pros will tell you that strength is the place to start, because once you’ve built pure strength, you’ll have no trouble adding power, size, and endurance. I decided to just follow Rippetoe’s bare-bones old-school program.
  • Before Starting Strength, I didn’t even know what a dead lift was, but my dead lift went from 135 pounds to 335. My bench press went well over my body weight. At age 42 — 6-foot-2 and gangly and 20 years into complaining about a bad back and bum knees, and right when any doctor or physical therapist would have told me it was time to embrace the low-impact elliptical — my back squat hit 275, going below parallel. My thighs got so big I couldn’t fit into most of my jeans, and I had to start shopping for new T-shirts.
  • But there’s an even better reason to build pure strength. I’ve come to believe that men don’t go to gyms just to avoid heart disease or support our weekend sports. It’s worth getting strong because we go to gyms in large part to maintain a little goddamned self-respect, and to blow off steam, and to insist, against all odds, that we do remain fiercely vital physical beings. And trust me, there’s nothing like watching your dead lift skyrocket to make you feel vital. It’s the happy exhaustion, the sense of hard work well done, with a clear purpose; it’s the rush of seeing your body change, fat turning into lean mass.
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    Gym machines are boring, CrossFit is sadistic, and dieting sucks. Luckily, none of them is essential to being truly fit. Through years of trial and error - and humiliation at the hands of some of the world's top trainers - the author discovered the secrets to real health.
anonymous

Thirty More Years of Hell - 1 views

  • A Pew poll from a few weeks back asked Americans how they felt about capitalism versus socialism. The results said all you need to know about how much longer we’re going to have to wade through this misery. You guessed it: until the Boomers finally croak.
  • For maybe the first time in modern history, we now have a generation that actually has warmer feelings about socialism than it does capitalism: 49% to 46%.
  • And a few days later, amid a multi-billion dollar war on public sector workers, another poll was released demonstrating that a whopping 69% of Millennials think teachers are underpaid (compared to 56% for Americans of all ages).
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  • I first heard the “s”-word from by my sixth grade history teacher—this was in the early days of Yeltsin. She said socialism is when you have to wait in line for hours just for a Happy Meal.
  • Read the fine print: it’s 5% of wages, income from “investments” is excluded. Tax the poor wage-slave, spare the wealthy rentier. Americans still can’t see the play even with Buffett rubbing his secretary’s tax return in our faces.
  • And it’s a servitude from which we can never escape. Forget bankruptcy. Default on a student loan and the government will garnish your wages until they get it all back, plus interest. They can even go after your social security money, off limits for all other debts.
  • Mike Konczal sees this as just another sign of a “submerged state”—the unholy fertilizer that keeps the American libertarian discourse in full bloom. None of the “welfare,” but all of the “state.”
  • “After the Great Society program in the 1960s,” says Leo Panitch, “left-wing Democrats, rather than calling for more public housing to rebuild America’s cities instead called for the banks to lend money to poor black communities…one of the effects of winning those demands was a channeling of those communities more deeply into the structures of finance, the most dynamic sector of neoliberal capitalism.”
  • While a liberal looks upon the New Deal and Great Society generation as a pantheon of benevolent patriarchs, I see a bunch of technocrats who slapped together a crude simulacrum of social democracy and called it “free-enterprise.”
  • Unlike the nations of Western Europe, American workers failed to get a good deal of the social democratic compact written into law, which means it was all the easier to dismantle over here.
  • There are the wars, of course—now pretty much the only way for a good many of us to get a debt-free education.
  • Then there’s the ever-popular Drug War, always trolling for some fresh blood. The Millennials are, after all, the least white generation in U.S. history, making us perfect fodder for the country’s ongoing race war.
  • As The Wire’s David Simon has pointed out, it was Clinton—the first Boomer president—that passed some of the most draconian “anti-crime” laws. Even business in the for-profit juvenile prisons sector is a-boomin’. Same goes for our expanding network of privatized immigration detention centers—a direct beneficiary of the Tea Party campaign for a brutal crackdown on “illegals.”
  • Much of the Patriot Act itself was comprised of legislation creeping around the halls of powers well before 9/11, much of it written with the burgeoning “anti-globalization” movement
  • The fact is that being arrested is pretty much a rite of passage today—or the end-of-the-line for your hopes and dreams if you happen to be a darker shade of pale.
  • Which is why I love the Tea Party so much. They don’t dick around about any of this. It’s a full-scale generational war they’re after.
  • The Ryan Budget—and the GOP campaign around it—divides the American populace into “those who are 55 or older now, and those who are younger.” Meaning Boomers will receive Medicare and Social Security checks unchanged, whereas Millennials get the axe—despite the fact that many of us have been paying into these programs for the past 15 years. Let the record show that it was they who fired the first shot.
  • All of the hippies who skulked off into the world of children’s programming to ride out the counterrevolution have cursed us with both our potential salvation (respect for the commons) and our ultimate weakness (pacifist nonsense).
  • But mostly our decency stems from the fact that we’ve all been muzzled and defanged by student debt, slave wages and mass unemployment. Unlike our parents, we’ll never even get the chance to gobble up our own children and leave them with the tab.
  • Which is why, psychologically, this Great Depression of ours can never hurt us like it hurts them. I see it all the time: the unemployed Boomer thinks himself a loser. He’s spent his life watching his peers accumulate wealth and power. Now he feels like the rug has been pulled from under him. Something has gone terribly wrong. When he files for food-stamps, he feels exactly what the Ruling Class wants him to feel: shame and personal failing.
  • Whereas a Millennial shrugs and swipes the SNAP card at the farmer’s market for a quart of fresh cider and a pomegranate muffin. Why should she feel guilty?
  • We Millennials have all the same ludicrous delusions of grandeur as our parents, but now, we’re ready to shuck capitalist gospel out the window. The Boomers call us spoiled, and ask us to do more with less, telling us to tamper our dreams. But the best thing we Americans have going for us is our entitlement, sans the free-market faith.
  • Way back in 1892, Friedrich Engels knew that success was the real curse of the USA. And that a powerful, anti-capitalist left could never take off in this country until the game stopped paying out: “Only when there is a generation of native-born workers that cannot expect anything from speculation any more will we have a solid foothold in America.” Sound familiar? That’s what Occupy is for most of us—a guttural roar that capitalism will not do.
  • The Boomers are right that it all smacks of entitlement. We are entitled. The world, and this country in particular, is awash in capital. With the billions floating in and out of this city every day, it’s amazing that you can walk around Manhattan and not end up with at least a grand worth of cash sifting around in your shoes like beach sand. The big lie is that the coffers are empty and budgets must be balanced. What a fucking joke. American workers have spent hundreds of years building this country and amassing this wealth, and it’s about time we claimed the vast majority of it.
  • Conservative apostate David Frum recently characterized the contemporary GOP’s platform as “a going-out-of-business sale for the Baby Boomer generation.” Which is pretty much the Democrats’ platform too. They just have better table manners.
  • Boomers know what they’ve wrought. Climate change? Don’t believe the polls. They know it’s happening. Yeah, if you confront one of them, he might put up a denialist front for a couple of minutes. But keep pelting him and it all crumbles, giving way to “well, it’s too late.” Translated: “I’ll be on, or near, my deathbed when the shit really hits the fan. You, youngster, will be hauling your family across the country George Romero style, scavenging for orphans to sell off as catamites to the warlord chieftains.”
  • Documentary filmmaker Adam Curtis has spent the past few years chronicling this ghastly mutation step-by-step—unraveling the seemingly incongruous strands and the hideous parentage of Boomer ideology. Their embrace of American libertarianism—with all of its absurdities, vulgarities and utopianism—was the final cry for help.
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    "Generational analysis is bullshit. Or so I'm told. Fit for netroots liberals and horoscope clippers, maybe. And to be fair, it's mostly thinktank types who've been profiting off that whole Millennials Rising genre. One of the authors of that book is a former writing partner of Pete G. Peterson's, the octogenarian billionaire who has spent the last couple of decades trying to kick over the Social Security ladder before us young'ns can scamper up and collect. Most of it reads like a debriefing after a recon mission-you can feel them sizing us up, drawing up blueprints for the generational counterrevolution that we're living through right now."
anonymous

Coordinated Punishment Leads to Increased Cooperation in Large Groups - 0 views

  • Humans are incredibly cooperative, but why do people cooperate and how is cooperation maintained? A new research study by UCLA anthropology professor Robert Boyd and his colleagues from the Santa Fe Institute in New Mexico suggests cooperation in large groups is maintained by punishment.
  • Group members cooperate because they do not want to hurt their friends by not participating in group efforts, and also because they may want help in the future.
  • in a larger group, like a tribe, those mechanisms for maintaining cooperation are lost. All group members experience the benefits of the large group, even those members who stop cooperating and become "free-riders."
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  • Boyd and his colleagues suggest cooperation is maintained by punishment, which reduces the benefits to free riding.
  • To address the problem, Boyd and his colleagues changed the assumptions built into previous cooperation/punishment models.
  • First, they allowed for punishment to be coordinated among group members.
  • Second, the researchers allowed for the cost of punishing a free-rider to decline as the number of punishers increased.
  • Their model had three stages in which a large group of unrelated individuals interacted repeatedly.
  • The first stage was a signaling stage where group members could signal their intent to punish. In the second stage, group members could choose to cooperate or not. The final stage was a punishment stage when group members could punish other group members.
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    By PhysOrg on May 1, 2010. Found on my uncle's Facebook page.
anonymous

Objectivism & "Metaphysics," Part 16 - 0 views

  • First and perhaps most important of all, Popper doesn’t support free will and oppose determinism in order to support a view of human nature that goes against the wisdom of human experience and the evidence of experimental and evolutionary psychology.
  • By claiming that innate tendencies don’t exist, Rand undermines the ability to understand human motivation and the evolution of the social order.
  • “Ayn Rand refused to make collective judgments [about the individuals in her circle]. Each time she unmasked one of these individuals [i.e., broke from them] she struggled to learn from her mistake. But then she would be deceived again by some new variant.” [VOR, 350]
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  • She expected her acolytes to think, feel and behave like the heroes of Atlas Shrugged, rather than as human beings. She failed to recognize that many of the weaknesses which plague the human animal are congenital, rooted in biology and the human condition, and that they can never be overcome (assuming they can be overcome at all) if they are not first recognized and dealt with in the open.
  • Popper’s arguments against determinism are far more complex and sophisticated than Rand’s.
  • In his book on determinism, Popper mentions an argument issued by the geneticist J.B.S. Haldane. This argument, first introduced by Haldane in 1898, is so similar to Rand’s that one wonders if there isn’t a connection between the two.
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    "Seddon's defense of Rand's free will. In Fred Seddon's review of my book Ayn Rand Contra Human Nature, we find the following curious assertion: "I would point out that the Objectivist position is very close to that of Karl Popper." While superficially there are points in common between Popper's criticism of determinism and Rand's, the differences are more telling." By Greg Nyquist at Ayn Rand Contra Human Nature on October 19, 2010.
anonymous

Who free-rides on American military power? - 0 views

  • Mr Salam notes that Mr Auslin also "raises an important question, namely whether the fact that much of metropolitan Europe and East Asia 'free-rides' on American military power creates benefits that outweigh the costs."
    • anonymous
       
      This is about American control of the international trade system. If there are any "free rides", it's only because the trade-system has been explicitly engineered in that fashion.
  • China is heavily dependent on its export trade to sustain economic growth at home. It has no incentive to disrupt or “stress” trade flows or to embark on policies abroad that would lead to this.
  • seems to me to be a non-fact
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  • 1. The major European powers spend a healthy 2%-plus of GDP on defence
  • 2. No major European country faces any serious military threat.
  • otherwise "foreign governments will expand their regulatory and confiscatory powers against their domestic economies in order to fund their own military expansions."
    • anonymous
       
      Again, the fear here is that America will lose its leverage in blue-water operations. I think that the bulk of these arguments are sort of beside the point. This is about *control* and America, having been thrust into the world of empire (trade-based though it is), feels the need to maintain that control. Crying about how other nations will act 'badly' is a cute cover.
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    By M.S. at The Economist on April 19, 2010.
anonymous

5 Things They Never Told Us - 0 views

  • #5.You Don't Become An Adult, You Just Suddenly Are One
  • There's no class or test or paperwork to sign. One day you just realize you're a person who pays bills. You're a person who signs up for a club card at your local grocery store because, "Oh, I might as well, I'm there so often." You're a person who gradually is getting less and less familiar with whatever's going on in pop music. You can vote and rent a car and get married and have kids, and it's not weird, it's normal.You're an adult, and no one told you.
  • Remember when you were a kid and you saw adults as all-knowing authority figures who had shit figured out? As the people who were allowed to tell you what to do and make rules, because they were the ones who were running the world? That's what kids think when they see you, even though you're an idiot.
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  • #4.Almost Everything You're Doing is Absolutely Meaningless
  • The only skills you really need to learn in high school and college are how to socialize and be a functioning human in society, because that's the only thing you'll be consistently doing for the rest of your life.
  • College is important, but what you study? Not so much. Focus on learning how to be a human, and focus on networking and meeting the right people, because they are much better at hiring you than your GPA is. Professors and Deans and your parents will stress that your grades are important, but I guarantee you that, as long as they were good at their job, no one in the history of time has ever been fired because of their GPA.
  • You'll Never Have as Much Time, Energy, Or Excuses For Doing Dumb Shit Than When You're 14
  • At 14, you're not legally allowed to work in most states, school is a pointless breeze and you have nothing to be stressed about because you're not paying bills or fighting in a war and no one depends on you for anything. You just have boundless energy, and a stupid amount of free time and no accountability whatsoever.
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    "Given the opportunity, there are probably a lot of tiny, superficial things you say to your fourteen-year-old self, (Get a haircut; Stop being a smartass; Maybe try not masturbating for, like, a night, and see what that does to the amount of free time you have). Small things you wish you'd known, because they would've made middle school, high school and whatever comes after slightly easier. There are also much bigger things, things about life and growing up that someone damn sure should've told you about."
anonymous

Who Makes The Randroids? Inside an ARI Weekend Workshop. - 0 views

  • A typical Objectivist assurance that rational debate is welcome and encouraged. So how did it measure up? Well, let's find out.
  • One, while arguing that abortion is permissible in the third trimester, added this classic Objectivist line to his argument: A is A. A is A entails that abortion is moral? Call the press! The pro-lifers have been officially refuted. And absolutely hilarious was the debate between a Randroid and an ideological anarchist (Editor: did the anarchist call the Randroid a "statist"?? They really hate that!). If only we had a dogmatic libertarian, we could have had the cultist right trifecta!
  • And another remarkable statement: Mr. Biddle told several students that morally we would be justified in overthrowing our government because it is more powerful than the one the Founders overthrew (he does not advocate it because it would be unpractical - but then what happened to Rand's claim that the moral is the practical?)
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  • To be fair, I don't think that most students were as enamored of the book as he was, but still there was an air of fawning about the sessions. The professors helped guide the discussions but otherwise generally stayed out of the way. Interesting to note that the handful of times I criticized Objectivism or Atlas, they were sure to 'correct' me. Not brusquely or rudely, but nonetheless the message was that we were supposed to believe what Rand said (in the group think model, they would be the "mind guards").
  • Unfortunately, his topics were pretty standard fare for those well versed in libertarianism: communism is evil, the welfare state is pretty darn bad too, we need to go back to a commodity standard, and the Fed was the prime mover behind America's Great Recession.
  • So what is the net sum of this potpourri of ideas, quackery, and economics? Some good, I'm sure, but a dangerous potential for evil. I had been a libertarian and Objectivist fanatic for long enough to be familiar with most of the ideas presented in Clemson, but my roommate, who is new to the movement, said he learned a lot, so there's a good chance that many students picked up on a lot of radical right ideas. And there's nothing inherently wrong with that.
  • The trouble is that there were almost no caveats. Dr. Thomson's encouragement to free thinking aside, Rand's ideas were presented as the truth, without any warnings that they were controversial.
  • All too often, as Robert A. Heinlein once said, man is not a rational animal, he is a rationalizing animal. And what's been 'proved' with 'reason' usually turns out to be some arbitrary claim by Rand. As Dr. Eric Daniels said: "To understand political economy, you need to understand man". Sadly, man is perhaps what Objectivism understands the least.
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    "Our ARCHNblog mole "Mr A" goes undercover at an Ayn Rand Institute weekend student workshop. Once a year, the Clemson Institute for the Study of Capitalism hosts a free conference for college students on "The Moral Foundations of Capitalism" and the greatest book ever written in defense of it...oops, I forgot, Atlas Shrugged isn't primarily about capitalism, but hey, it STILL made the best defense of capitalism in the history of the world!"
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.
  •  
    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

Jury acquits Occupy protesters - 0 views

  • Last July, Wells Fargo, the nation's largest mortgage lender, agreed to pay $175 million to settle allegations by the U.S. Justice Department that independent brokers originating its loans charged higher fees and rates to minority borrowers than they did to white borrowers with similar credit risks.
  • The current trial began Feb. 25 with seven lawyers representing the 12 free of charge. The defense argued that the sit-in was protected by the First Amendment's free-speech guarantee. They also contended the protest served a "greater good" for society that outweighed the trespass charge.
  •  
    "A Common Pleas Court jury today acquitted 12 Occupy Philadelphia demonstrators arrested in a 2011 sit-in in a Wells Fargo Bank branch in Center City."
anonymous

Five tools to extract "locked" data in PDFs - 0 views

  • Remember, no converter is perfect. This is because PDFs can hold scanned information (that requires another kind of conversion, like OCR), complex tables (with columns or rows spanned multiple cells) or without graphic lines, in short, distinct patterns that hinder the correct formatting of the converted file. 
  • According to the journalist, the best way to do this is to randomly check the converted data to see if it's different from the original. And don't be fooled, there will almost always be a need to clean up the data when using an automatic conversion, especially for tables.  
  • 1. Cometdocs
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  • 2. Zamzar
  • 4. PDFtoText
  • 5. Tabula
  • 3. Nitro PDF to Excel
  •  
    "Extracting data from PDFs for open use is not a simple task, as ProPublica reporter Jeremy B. Merrill, one of the contributors to the "Dollars for Docs" project, can attest. The Knight Center for Journalism in the Americas asked programmers and specialists in data journalism, including the ex-editor of the Guardian Datablog, Simon Rogers, for their recommendations and identified some free tools to facilitate the conversation from PDFs to an open format, like CSV tables."
anonymous

A Smarter Alternative to Raising the Minimum Wage - 0 views

  • It would be preferable to increase the Earned Income Tax Credit, a government program that makes payments to workers in low-income households. Unlike a higher minimum wage, a larger EITC would not create any disincentive to hire; and while some of the benefits of a minimum wage hike will go to teenagers in middle-class households, everyone who benefits from the EITC is poor.
  • So why are we talking about a minimum wage hike instead of a bigger EITC? The big reason is that a bigger EITC would grow the federal budget deficit, while a minimum wage increase is “free.” Of course, it’s not really free -- just like the EITC, it’s a transfer to low-wage workers, though instead of being financed with taxes it will come mostly out of business profits; some of the transfer will come from consumers in the form of higher prices.
  • When the government is under pressure not to spend, it is likely to pursue inferior regulatory alternatives as a way to hide true economic costs.
  •  
    "One of President Barack Obama's biggest proposals in yesterday's State of the Union Address was a big minimum wage increase, from $7.25 per hour to $9. The trade-off with any minimum wage increase is that it reduces inequality and poverty, but may raise unemployment. As Evan Soltas wrote for the Ticker last month, within the wage range that is on the table, the former effect should be substantial and the latter effect small, if existent. So, raising the minimum wage is a better idea than doing nothing. But while a higher minimum wage is a way to address poverty, it's not the best way." Thanks to Theron Jacobs for the pointer.
anonymous

The Self Is Not an Illusion | The Moral Sciences Club | Big Think - 0 views

  •  
    "What could it mean to say that the self is an illusion? Here's Bruce Hood, author of the new book The Self Illusion, in an interview at Sam Harris' joint: Most of us have an experience of a self. I certainly have one, and I do not doubt that others do as well - an autonomous individual with a coherent identity and sense of free will. But that experience is an illusion - it does not exist independently of the person having the experience, and it is certainly not what it seems." Counterpoint.
anonymous

Geopolitical Journey: The U.S.-European Relationship, Then and Now - 0 views

  • We have spoken of the Russians, but for all the flash in their Syria performance, they are economically and militarily weak -- something they would change if they had the means to do so. It is Europe, taken as a whole, that is the competitor for the United States. Its economy is still slightly larger than the United States', and its military is weak, though unlike Russia this is partly by design.
  • American intervention helped win World War I, and American involvement in Europe during World War II helped ensure an allied victory. The Cold War was a transatlantic enterprise, resulting in the withdrawal of Soviet forces from the European Peninsula.
  • The question now is: What will the relationship be between these two great economic entities, which together account for roughly 50 percent of the world's gross domestic product, in the 21st century? That question towers over all others globally.
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  • The Syrian crisis began not with the United States claiming that action must be taken against al Assad's use of chemical weapons but with calls to arms from the United Kingdom, France and Turkey.
  • The United States was rather reluctant, but ultimately it joined these and several other European countries. Only then did the Europeans' opinions diverge.
  • Most important to note was the division of Europe. Each country crafted its own response -- or lack of response -- to the Syrian crisis. The most interesting position was taken by Germany, which was unwilling to participate and until quite late unwilling to endorse participation.
  • Their differences have not manifested as virulently as they did before 1945, but still, it can no longer be said that their foreign policies are synchronized. In fact, the three major powers on the European Peninsula currently are pursuing very different foreign policies.
  • Nothing has ruptured in Europe, but then Europe as a concept has always been fluid. The European Union is a free trade zone that excludes some European countries. It is a monetary union that excludes some members of the free trade zone. It has a parliament but leaves defense and foreign policy prerogatives to sovereign nation-states. It has not become more organized since 1945; in some fundamental ways, it has become less organized.
  • Where previously there were only geographical divisions, now there are also conceptual divisions.
  • no individual European nation has the ability by itself to conduct an air attack on Syria. As Libya showed, France and Italy could not execute a sustained air campaign. They needed the United States.
  • I am old enough to remember that Europeans have always thought of U.S. presidents as either naive, as they did with Jimmy Carter, or as cowboys, as they did with Lyndon Johnson, and held them in contempt in either case.
  • After some irrational exuberance from the European left, Obama has now been deemed naive, just as George W. Bush was deemed a cowboy.
  • Amid profound differences and distrust, U.S. and Soviet leaders managed to avoid the worst. Given their track record, Europe's leaders might have plunged the world further into disaster.
  • The Europeans think well of the sophistication of their diplomacy. I have never understood why they feel that way.
  • We saw this in Syria.
  • First, Europe was all over the place. Then the coalition that coaxed the Americans in fell apart, leaving the United States virtually alone. When Obama went back to his original position, they decided that he had been outfoxed by the Russians. Had he attacked, he would have been dismissed as another cowboy.
  • Whichever way it had gone, and whatever role Europe played in it, it would have been the Americans that simply didn't understand one thing or another.
  • The American view of Europe is a combination of indifference and bafflement. Europe has not mattered all that much to the United States since the end of the Cold War.
  • all of Europe became Scandinavia. It was quite prosperous, a pleasure to visit, but not the place in which history was being made.
  • When Americans can be bothered to think of Europe, they think of it as a continent with strong opinions of what others should do but with little inclination to do something itself.
  • The American perception of Europe is that it is unhelpful and irritating but ultimately weak and therefore harmless.
  • The Europeans are obsessed with the U.S. president because, fool or cowboy or both, he is extraordinarily powerful. The Americans are indifferent to the Europeans not because they don't have sophisticated leaders but because ultimately their policies matter more to each other than they do to the United States.
  • But the most profound rift between the Americans and Europeans, however, is not perception or attitude. It is the notion of singularity, and many of the strange impressions or profound indifferences between the two stem from this notion.
  • The dialogue between Europe and the United States is a dialogue between a single entity and the tower of Babel.
  • For example, a friend pointed out that he spoke four languages but Americans seem unable to learn one. I pointed out that if he took a weekend trip he would need to speak four languages. Citizens of the United States don't need to learn four languages to drive 3,000 miles.
    • anonymous
       
      This is an absolutely crucial point and another reason why geography is a very powerful - and perplexingly invisible - determiner of action.
  • The United States is a unified country with unified economic, foreign and defense policies. Europe never fully came together; in fact, for the past five years it has been disintegrating.
  • Division, as well as a fascinating pride in that division, is one of Europe's defining characteristics. Unity, as well as fascinating convictions that everything is coming apart, is one of the United States' defining characteristics.
  • Europe's past is magnificent, and its magnificence can be seen on the streets of any European capital. Its past haunts and frightens it. Its future is not defined, but its present is characterized by a denial and a distance from its past. U.S. history is much shallower. Americans build shopping malls on top of hallowed battlefields and tear down buildings after 20 years. The United States is a country of amnesia. It is obsessed with its future, and Europe is paralyzed by its past. 
  • Where once we made wars together, we now take vacations. It is hard to build a Syria policy on that framework, let alone a North Atlantic strategy.
  •  
    "Most discussions I've had in my travels concern U.S. President Barack Obama's failure to move decisively against Syria and how Russian President Vladimir Putin outmatched him. Of course, the Syrian intervention had many aspects, and one of the most important ones, which was not fully examined, was what it told us about the state of U.S.-European relations and of relations among European countries. This is perhaps the most important question on the table."
anonymous

The history of inequality (by Peter Turchin) - 0 views

  • Today, the top one per cent of incomes in the United States accounts for one fifth of US earnings. The top one per cent of fortunes holds two-fifths of the total wealth.
  • As the Congressional Budget Office concluded in 2011: ‘the precise reasons for the rapid growth in income at the top are not well understood’.
  • In his book Wealth and Democracy (2002), Kevin Phillips came up with a useful way of thinking about the changing patterns of wealth inequality in the US.
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  • He looked at the net wealth of the nation’s median household and compared it with the size of the largest fortune in the US. The ratio of the two figures provided a rough measure of wealth inequality, and that’s what he tracked, touching down every decade or so from the turn of the 19th century all the way to the present.
  • We found repeated back-and-forth swings in demographic, economic, social, and political structures
  • From 1800 to the 1920s, inequality increased more than a hundredfold.
  • Then came the reversal: from the 1920s to 1980, it shrank back to levels not seen since the mid-19th century.
  • From 1980 to the present, the wealth gap has been on another steep, if erratic, rise. Commentators have called the period from 1920s to 1970s the ‘great compression’. The past 30 years are known as the ‘great divergence’.
    • anonymous
       
      I'd like to pull this citation and superimpose another period-chart onto my timeline.
  • when looked at over a long period, the development of wealth inequality in the US appears to be cyclical. And if it’s cyclical, we can predict what happens next.
  • Does observing just one and a half cycles really show that there is a regular pattern in the dynamics of inequality? No, by itself it doesn’t.
  • In our book Secular Cycles (2009), Sergey Nefedov and I applied the Phillips approach to England, France and Russia throughout both the medieval and early modern periods, and also to ancient Rome.
  • And the cycles of inequality were an integral part of the overall motion.
  • Cycles in the real world are chaotic, because complex systems such as human societies have many parts that are constantly moving and influencing each other.
  • Understanding (and perhaps even forecasting) such trend-reversals is at the core of the new discipline of cliodynamics, which looks at history through the lens of mathematical modelling.
    • anonymous
       
      Cliodynamics - Another thing to learn a bit more about.
  • First, we need to think about jobs.
  • One of the most important forces affecting the labour supply in the US has been immigration
  • it turns out that immigration, as measured by the proportion of the population who were born abroad, has changed in a cyclical manner just like inequality.
  • Another reason why the labour supply in the US went up in the 19th century is, not to put too fine a point on it, sex.
  • This connection between the oversupply of labour and plummeting living standards for the poor is one of the more robust generalisations in history.
  • The population of England doubled between 1150 and 1300.
  • causing the population of London to balloon from 20,000 to 80,000.
  • fourfold increase in food prices and a halving of real wages.
  • when a series of horrible epidemics, starting with the Black Death of 1348, carried away more than half of the population, the same dynamic ran in reverse.
  • The tug of war between the top and typical incomes doesn’t have to be a zero-sum game, but in practice it often is
  • Much the same pattern can be seen during the secular cycle of the Roman Principate.
  • Naturally, the conditions affecting the labour supply were different in the second half of the 20th century in the US. An important new element was globalisation
  • an oversupply of labour tends to depress wages for the poorer section of the population. And just as in Roman Egypt, the poor in the US today eat more energy-dense foods — bread, pasta, and potatoes — while the wealthy eat more fruit and drink wine.
  • Falling wages isn’t the only reason why labour oversupply leads to inequality. As the slice of the economic pie going to employees diminishes, the share going to employers goes up.
  • And so in 13th-century England, as the overall population doubles, we find landowners charging peasants higher rents and paying less in wages: the immiseration of the general populace translates into a Golden Age for the aristocrats.
  • the number of knights and esquires tripled between 1200 and 1300.
  • Only the gentry drank wine, and around 1300, England imported 20,000 tuns or casks of it from France per year. By 1460, this declined to only 5,000.
  • In the US between around 1870 and 1900, there was another Golden Age for the elites, appropriately called the Gilded Age.
  • And just like in 13th-century England, the total number of the wealthy was shooting up. Between 1825 and 1900, the number of millionaires (in constant 1900 dollars) went from 2.5 per million of the population to 19 per million.
  • In our current cycle, the proportion of decamillionaires (those whose net worth exceeds 10 million in 1995 dollars) grew tenfold between 1992 and 2007 — from 0.04 to 0.4 per cent of the US population.
  • On the face of it, this is a wonderful testament to merit-based upward mobility. But there are side effects. Don’t forget that most people are stuck with stagnant or falling real wages. Upward mobility for a few hollows out the middle class and causes the social pyramid to become top-heavy.
  • As the ranks of the wealthy swell, so too do the numbers of wealthy aspirants for the finite supply of political positions.
  • The civil wars of the first century BC, fuelled by a surplus of politically ambitious aristocrats, ultimately caused the fall of the Republic and the establishment of the Empire.
  • So far I have been talking about the elites as if they are all the same. But they aren’t: the differences within the wealthiest one per cent are almost as stark as the difference between the top one per cent and the remaining 99.
  • very intense status rivalry
  • Archaeology confirms a genuine and dramatic shift towards luxury.
  • Social Darwinism took off during the original Gilded Age, and Ayn Rand (who argued that altruism is evil) has grown astonishingly popular during what we might call our Second Gilded Age.
  • Twilight of the Elites (2012): ‘defenders of the status quo invoke a kind of neo-Calvinist logic by saying that those at the top, by virtue of their placement there, must be the most deserving’. By the same reasoning, those at the bottom are not deserving. As such social norms spread, it becomes increasingly easy for CEOs to justify giving themselves huge bonuses while cutting the wages of workers.
  • Labour markets are especially sensitive to cultural norms about what is fair compensation, so prevailing theories about inequality have practical consequences.
  • the US political system is much more attuned to the wishes of the rich than to the aspirations of the poor.
  • Inverse relationship between well-being and inequality in American history. The peaks and valleys of inequality (in purple) represent the ratio of the largest fortunes to the median wealth of households (the Phillips curve). The blue-shaded curve combines four measures of well-being: economic (the fraction of economic growth that is paid to workers as wages), health (life expectancy and the average height of native-born population), and social optimism (the average age of first marriage, with early marriages indicating social optimism and delayed marriages indicating social pessimism).
  • In some historical periods it worked primarily for the benefit of the wealthy. In others, it pursued policies that benefited the society as a whole. Take the minimum wage, which grew during the Great Compression era and declined (in real terms) after 1980.
  • The top marginal tax rate was 68 per cent or higher before 1980; by 1988 it declined to 28 per cent.
  • In one era, government policy systematically favoured the majority, while in another it favoured the narrow interests of the wealthy elites. This inconsistency calls for explanation.
  • How, though, can we account for the much more broadly inclusive policies of the Great Compression era? And what caused the reversal that ended the Gilded Age and ushered in the Great Compression? Or the second switch, which took place around 1980?
  • Unequal societies generally turn a corner once they have passed through a long spell of political instability.
  • We see this shift in the social mood repeatedly throughout history — towards the end of the Roman civil wars (first century BC), following the English Wars of the Roses (1455-85), and after the Fronde (1648-53), the final great outbreak of violence that had been convulsing France since the Wars of Religion began in the late 16th century.
  • Put simply, it is fear of revolution that restores equality. And my analysis of US history in a forthcoming book suggests that this is precisely what happened in the US around 1920.
  • The worst incident in US labour history was the West Virginia Mine War of 1920—21, culminating in the Battle of Blair Mountain.
  • Although it started as a workers’ dispute, the Mine War eventually turned into the largest armed insurrection that the US has ever seen, the Civil War excepted. Between 10,000 and 15,000 miners armed with rifles battled against thousands of strikebreakers and sheriff deputies.
  • Quantitative data indicate that this period was the most violent in US history, second only to the Civil War. It was much, much worse than the 1960s.
  • The US, in short, was in a revolutionary situation, and many among the political and business elites realised it.
  • The US elites entered into an unwritten compact with the working classes. This implicit contract included the promise that the fruits of economic growth would be distributed more equitably among both workers and owners. In return, the fundamentals of the political-economic system would not be challenged (no revolution).
  • The deal allowed the lower and upper classes to co-operate in solving the challenges facing the American Republic — overcoming the Great Depression, winning the Second World War, and countering the Soviet threat during the Cold War.
  • while making such ‘categorical inequalities’ worse, the compact led to a dramatic reduction in overall economic inequality.
  • The co-operating group was mainly native-born white Protestants. African-Americans, Jews, Catholics and foreigners were excluded or heavily discriminated against.
  • When Barry Goldwater campaigned on a pro-business, anti-union and anti-big government platform in the 1964 presidential elections, he couldn’t win any lasting support from the corporate community. The conservatives had to wait another 16 years for their triumph.
  • But by the late 1970s, a new generation of political and business leaders had come to power. To them the revolutionary situation of 1919-21 was just history. In this they were similar to the French aristocrats on the eve of the French Revolution, who did not see that their actions could bring down the Ancien Régime — the last great social breakdown, the Fronde, being so far in the past.
    • anonymous
       
      This heavily mirrors many aspects of Strauss & Howe's observations. Namely that generational cohorts roughly conform to archetypes precisely *because* memory of prior situations moves from accessible-memory (in those who have it) to history/myth once those who remember it have died.
  • It is no coincidence that the life of Communism (from the October Revolution in Russia in 1917 to the fall of the Berlin Wall in 1989) coincides almost perfectly with the Great Compression era.
  • when Communism collapsed, its significance was seriously misread. It’s true that the Soviet economy could not compete with a system based on free markets plus policies and norms that promoted equity.
  • Yet the fall of the Soviet Union was interpreted as a vindication of free markets, period. The triumphalist, heady atmosphere of the 1990s was highly conducive to the spread of Ayn Randism and other individualist ideologies. The unwritten social contract that had emerged during the New Deal and braved the challenges of the Second World War had faded from memory.
  • all of these trends are part of a complex and interlocking system. I don’t just mean that everything affects everything else; that would be vacuous.
  • Rather, that cliodynamic theory can tell us specifically how demographic, economic and cultural variables relate to one another, and how their interactions generate social change.
  • Cliodynamics also explains why historical reversals in such diverse areas as economics and culture happen at roughly similar times. The theory of secular cycles was developed using data from historical societies, but it looks like it can provide answers to questions about our own society.
  • Three years ago I published a short article in the science journal Nature. I pointed out that several leading indicators of political instability look set to peak around 2020.
    • anonymous
       
      2020-2025 is a date-range that continues to pop up in my forecasting readings - and from quite a variety of sources.
  • In other words, we are rapidly approaching a historical cusp, at which the US will be particularly vulnerable to violent upheaval. This prediction is not a ‘prophecy’. I don’t believe that disaster is pre-ordained, no matter what we do. On the contrary, if we understand the causes, we have a chance to prevent it from happening. But the first thing we will have to do is reverse the trend of ever-growing inequality.
  •  
    "After thousands of scholarly and popular articles on the topic, one might think we would have a pretty good idea why the richest people in the US are pulling away from the rest. But it seems we don't. As the Congressional Budget Office concluded in 2011: 'the precise reasons for the rapid growth in income at the top are not well understood'. Some commentators point to economic factors, some to politics, and others again to culture. Yet obviously enough, all these factors must interact in complex ways. What is slightly less obvious is how a very long historical perspective can help us to see the whole mechanism."
anonymous

The Geopolitics of Google Earth - 0 views

  •  
    "It's way beyond crop circles, blood-red lakes in Iraq, and half-hidden UFOs. Officials from Greece to New York to Switzerland are using the free satellite images to find tax cheats with undeclared swimming pools and illegal pot plantations. Armchair cartographers are also getting in on the game, uncovering -- and creating -- political minefields." By Benjamin Pauker at Foreign Policy on August 6, 2010.
anonymous

Why US Different? - 0 views

  •  
    Quoted at OB: "Perhaps it is this extreme tendency for Americans to punish free-riders, while not punishing cooperators, that contributes to Americans having the world's highest worker productivity. American society is also anomalous, even relative to other Western societies, in its low relational focus in work settings, which is reflected in practices such as the encouragement of an impersonal work style, direct (rather than indirect) communication, the clear separation of the work domain from the non-work, and discouragement of friendships at work." Post by Robin Hanson at Overcoming Bias on September 22, 2010.
anonymous

Climate Change and Systemic Volatility - 0 views

  • What struck me about this chart, though, is the amount of blue in two of the world's emerging great powers (China and India). The next three to four decades seem likely to witness challenges to the political status quo by at least two rising powers just as those nations are experiencing extreme domestic socio-economic volatility caused by the compounding effects of climate change. To me, this is extremely worrying, because it means that the ruling regimes of those nations will be under intense domestic pressure, leading to potentially volatile and risky foreign policy behavior in order to either preserve domestic unity or seek the resources and geostrategic position to mitigate internal difficulties. Doesn't bode well for those who hope for those states to rise in non-disruptive ways.
  •  
    "There are a few obvious reactions here. One is to note how many of the worlds major emitters of greenhouse gas (so far) are in the "low risk" zone, proving definitively that mother nature has no sense of justice. Another good point is made by Yglesias, who notes that despite reasonably direct lines of causation (greenhouse emissions cause climate shifts which further immiserate already-desperately-poor farmers in already-desperately-poor parts of the world), "free market" boosters seem willfully blind to the negative externalities of polluting behavior; morally this is very weird. " Matt Eckel at Foreign Policy Watch on October 22, 2010.
anonymous

Some Insights on Generation Size/Dates - 0 views

  • The demographic challenge facing America is not as severe as the challenge facing near all of the other developed countries (and even some of the developing countries, like China).  The reason is pretty simple: We have a higher fertility rate and we have a higher immigration rate.  Indeed, we are the *only* developed country experiencing  “replacement rate” fertility.  And we are the only developed country whose total population is projected to continue growing (albeit very slowly), and not turn negative, through to the end of the next century.  The U.S. fiscal situation is also helped by the fact that our pay-as-you-go cash pension system is smaller and less generous, relative to GDP, than those of other countries.  But this plus is more than offset by our super-expensive health-care entitlement edifice, which is much more expensive as a share of GDP than any other country’s and is growing faster as a share of GDP. 
  •  
    "I have recently run into discussions where there is confusion about the date boundaries and sizes of generations. Even the word "generation" can sometimes be up for contention. On the definition of "generation," I don't get hot and bothered about it. The etymological history of the word "generation" is sufficiently broad (having been applied to families, computers, eras, what have you), that people are pretty much free to call any arbitrary cohort group a "generation" if they feel like it. Most of these definitions, however, are ad hoc. Even the famous Census Bureau definition of Boomers (which they define as 1946-64) is ad hoc, determined entirely by an arbitrary uptick and then downtick along a broad fertility-rate swell." By Neil Howe at Lifecourse Blog on November 1, 2010.
anonymous

Post-Tea-Party Nation - 0 views

  • while the Bush administration took wise and bold steps to correct the disaster, the unpopularity of its Troubled Asset Relief Program bequeathed the Obama administration a political disaster alongside the economic disaster.
  • If Republicans are to act effectively and responsibly, we need to learn more positive and productive lessons from the crisis.
  • Lesson 1: The danger of closed information systems.
  • ...15 more annotations...
  • Too often, conservatives dupe themselves. They wrap themselves in closed information systems based upon pretend information. In this closed information system, banks can collapse without injuring the rest of the economy, tax cuts always pay for themselves and Congressional earmarks cause the federal budget deficit. Even the market collapse has not shaken some conservatives out of their closed information system. It enfolded them more closely within it. This is how to understand the Glenn Beck phenomenon.
  • Meanwhile, Republican officeholders who want to explain why they acted to prevent the collapse of the U.S. banking system can get no hearing from voters seized with certainty that a bank collapse would have done no harm to ordinary people.
  • Lesson 2: “The market” (the whole free-market system) must be distinguished from “the markets” (the trading markets for financial assets).
  • the intellectual right accords a deference to the wants and wishes of the financial industry that is seldom accorded to agriculture, manufacturing, transport or retailing.
  • But it’s not always true that what’s good for Goldman Sachs is good for the economy, or vice versa. Nor is what “the markets” want the same as what free-market economics require.
  • Lesson 3: The economy is more important than the budget.
  • During the recession of 1981-82, Democratic politicians demanded that a Republican president set a balanced budget as his top priority. Ronald Reagan disregarded this advice. He held firm to his tax cuts: once the economy returned to prosperity, there would be time then to deal with the deficit. Today, the positions are reversed.
  • eading voices in the Republican Party have convinced themselves that the country is on the verge of hyperinflation — a Weimar moment, says Glenn Beck. But if fiscal stimulus leads to socialism, and quantitative easing leads to Nazism, what on earth are we supposed to do? Cut the budget? But we won’t do that either! On Sean Hannity’s radio show, the Republican House leader John Boehner announced just before the election that one of his first priorities would be the repeal of the Obama Medicare cuts.
  • Lesson 4: Even from a conservative point of view, the welfare state is not all bad.
  • Social Security, unemployment insurance and other benefits were designed as anti-Depression defenses, “automatic stabilizers” as economists called them.
  • Those who denounce unemployment insurance as an invitation to idleness in an economy where there are at least five job seekers for every available job are not just hardening their hearts against distress. They are rejecting the teachings of Milton Friedman, who emphasized the value of automatic stabilizers fully as much as John Maynard Keynes ever did.
  • Lesson 5: Listen to the people — but beware of populism.
  • Non-Tea Party Americans may marvel that any group can think of itself as egalitarian when its main political goals are to cut off government assistance to the poorest and reduce taxes for the richest.
  • But American populism has almost always concentrated its anger against the educated rather than the wealthy. So much so that you might describe contemporary American politics as a class struggle between those with more education than money against those with more money than education
  • The U.S. political system is not a parliamentary system. Power is usually divided. The system is sustained by habits of cooperation, accepted limits on the use of power, implicit restraints on the use of rhetoric.
  •  
    "Republicans lost the presidency in 2008 in large part because of the worst economic crisis since World War II. Republicans have now regained the House of Representatives for the same reason. In the interval, Republicans ferociously attacked the Obama administration's economic remedies, and there certainly was a lot to attack. But the impulse to attack, it must be recognized, was based on more than ideology; it also served important psychological imperatives." By David Frum at The New York Times Idea Lab on November 12, 2010.
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