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tongoscar

Trump's Iran strike could present an opportunity to China - CNN - 0 views

shared by tongoscar on 20 Jan 20 - No Cached
  • Last June, however, world leaders flocked to the capital of Kyrgyzstan for a meeting of the Shanghai Cooperation Organization, a key regional security and political alliance. Attendees included Russian President Vladimir Putin and Chinese leader Xi Jinping, as well as Iranian President Hassan Rouhani, with whom they posed alongside in photos from the event. It was a pertinent reminder of Tehran's strong ties with two of the world's foremost powers, further underlined when the three countries held joint naval exercises near the strategically vital Strait of Hormuz in the Indian Ocean last month.
  • A statement added that Tehran hoped China could "play an important role in preventing escalation of regional tensions."Such sentiments are also likely shared well beyond Iran's borders, including among other Middle Eastern powers which are no fans of Tehran. The killing of Soleimani could present Beijing with a major opportunity, not only to prevent another disastrous war, but to increase its influence in the region, supplanting an increasingly unpredictable Washington.
  • "China's emphasis on noninterference, state-led economic development, and regional stability resonates with many autocratic leaders in the Middle East, allowing China to promote its 'alternative' model of great power leadership."
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  • So far -- in no small part thanks to its humungous checkbook -- China has managed to thread the needle of maintaining ties with traditional allies such as Iran and Syria, while also improving relations with their rivals in Saudi Arabia, Israel and the United Arab Emirates. Beijing has also resisted strong pressure from Washington to ditch both Tehran and Damascus, using its role as a United Nations Security Council member to rein in some international action against them.
  • Tehran's enemies may frown at Beijing's refusal to ditch its old ally to make new ones, but this policy will appear far more attractive in the wake of Soleimani's death. And the distinct chance we could now be headed for another Middle Eastern conflict -- or at the very least a period of saber-rattling and disruption to global trade -- could prop up Beijing's ability to play all sides, perhaps indefinitely.
  • "China is not a revisionist state. It does not want to reshape the Middle East and take over the responsibility of securing it. It wants a predictable, stable region -- as much as that is possible -- in which it can trade and invest,"
  • Such a role will likely be welcomed by many players in the region. Indeed, it's difficult to think of a more pertinent example of the contrast between Chinese and US policy than Trump threatening -- just as Beijing was calling for calm -- to target Iranian cultural sites, in what could well be a war crime if it was carried out.
Javier E

The American Scholar: The Disadvantages of an Elite Education - William Deresiewicz - 1 views

  • the last thing an elite education will teach you is its own inadequacy
  • I’m talking about the whole system in which these skirmishes play out. Not just the Ivy League and its peer institutions, but also the mechanisms that get you there in the first place: the private and affluent public “feeder” schools, the ever-growing parastructure of tutors and test-prep courses and enrichment programs, the whole admissions frenzy and everything that leads up to and away from it. The message, as always, is the medium. Before, after, and around the elite college classroom, a constellation of values is ceaselessly inculcated.
  • The first disadvantage of an elite education, as I learned in my kitchen that day, is that it makes you incapable of talking to people who aren’t like you. Elite schools pride themselves on their diversity, but that diversity is almost entirely a matter of ethnicity and race. With respect to class, these schools are largely—indeed increasingly—homogeneous. Visit any elite campus in our great nation and you can thrill to the heartwarming spectacle of the children of white businesspeople and professionals studying and playing alongside the children of black, Asian, and Latino businesspeople and professionals.
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  • My education taught me to believe that people who didn’t go to an Ivy League or equivalent school weren’t worth talking to, regardless of their class. I was given the unmistakable message that such people were beneath me.
  • The existence of multiple forms of intelligence has become a commonplace, but however much elite universities like to sprinkle their incoming classes with a few actors or violinists, they select for and develop one form of intelligence: the analytic.
  • Students at places like Cleveland State, unlike those at places like Yale, don’t have a platoon of advisers and tutors and deans to write out excuses for late work, give them extra help when they need it, pick them up when they fall down.
  • When people say that students at elite schools have a strong sense of entitlement, they mean that those students think they deserve more than other people because their SAT scores are higher.
  • The political implications should be clear. As John Ruskin told an older elite, grabbing what you can get isn’t any less wicked when you grab it with the power of your brains than with the power of your fists.
  • students at places like Yale get an endless string of second chances. Not so at places like Cleveland State.
  • The second disadvantage, implicit in what I’ve been saying, is that an elite education inculcates a false sense of self-worth. Getting to an elite college, being at an elite college, and going on from an elite college—all involve numerical rankings: SAT, GPA, GRE. You learn to think of yourself in terms of those numbers. They come to signify not only your fate, but your identity; not only your identity, but your value.
  • For the elite, there’s always another extension—a bailout, a pardon, a stint in rehab—always plenty of contacts and special stipends—the country club, the conference, the year-end bonus, the dividend.
  • In short, the way students are treated in college trains them for the social position they will occupy once they get out. At schools like Cleveland State, they’re being trained for positions somewhere in the middle of the class system, in the depths of one bureaucracy or another. They’re being conditioned for lives with few second chances, no extensions, little support, narrow opportunity—lives of subordination, supervision, and control, lives of deadlines, not guidelines. At places like Yale, of course, it’s the reverse.
  • Elite schools nurture excellence, but they also nurture what a former Yale graduate student I know calls “entitled mediocrity.”
  • An elite education gives you the chance to be rich—which is, after all, what we’re talking about—but it takes away the chance not to be. Yet the opportunity not to be rich is one of the greatest opportunities with which young Americans have been blessed. We live in a society that is itself so wealthy that it can afford to provide a decent living to whole classes of people who in other countries exist (or in earlier times existed) on the brink of poverty or, at least, of indignity. You can live comfortably in the United States as a schoolteacher, or a community organizer, or a civil rights lawyer, or an artist
  • The liberal arts university is becoming the corporate university, its center of gravity shifting to technical fields where scholarly expertise can be parlayed into lucrative business opportunities.
  • You have to live in an ordinary house instead of an apartment in Manhattan or a mansion in L.A.; you have to drive a Honda instead of a BMW or a Hummer; you have to vacation in Florida instead of Barbados or Paris, but what are such losses when set against the opportunity to do work you believe in, work you’re suited for, work you love, every day of your life? Yet it is precisely that opportunity that an elite education takes away. How can I be a schoolteacher—wouldn’t that be a waste of my expensive education?
  • Isn’t it beneath me? So a whole universe of possibility closes, and you miss your true calling.
  • This is not to say that students from elite colleges never pursue a riskier or less lucrative course after graduation, but even when they do, they tend to give up more quickly than others.
  • But if you’re afraid to fail, you’re afraid to take risks, which begins to explain the final and most damning disadvantage of an elite education: that it is profoundly anti-intellectual.
  • being an intellectual is not the same as being smart. Being an intellectual means more than doing your homework.
  • The system forgot to teach them, along the way to the prestige admissions and the lucrative jobs, that the most important achievements can’t be measured by a letter or a number or a name. It forgot that the true purpose of education is to make minds, not careers.
  • Being an intellectual means, first of all, being passionate about ideas—and not just for the duration of a semester, for the sake of pleasing the teacher, or for getting a good grade.
  • Only a small minority have seen their education as part of a larger intellectual journey, have approached the work of the mind with a pilgrim soul. These few have tended to feel like freaks, not least because they get so little support from the university itself. Places like Yale, as one of them put it to me, are not conducive to searchers. GA_googleFillSlot('Rectangle_InArticle_Right'); GA_googleCreateDomIframe("google_ads_div_Rectangle_InArticle_Right_ad_container" ,"Rectangle_InArticle_Right"); Places like Yale are simply not set up to help students ask the big questions
  • Professors at top research institutions are valued exclusively for the quality of their scholarly work; time spent on teaching is time lost. If students want a conversion experience, they’re better off at a liberal arts college.
  • When elite universities boast that they teach their students how to think, they mean that they teach them the analytic and rhetorical skills necessary for success in law or medicine or science or business.
  • Although the notion of breadth is implicit in the very idea of a liberal arts education, the admissions process increasingly selects for kids who have already begun to think of themselves in specialized terms—the junior journalist, the budding astronomer, the language prodigy. We are slouching, even at elite schools, toward a glorified form of vocational training.
  • There’s a reason elite schools speak of training leaders, not thinkers—holders of power, not its critics. An independent mind is independent of all allegiances, and elite schools, which get a large percentage of their budget from alumni giving, are strongly invested in fostering institutional loyalty.
  • At a school like Yale, students who come to class and work hard expect nothing less than an A-. And most of the time, they get it.
  • Yet there is a dimension of the intellectual life that lies above the passion for ideas, though so thoroughly has our culture been sanitized of it that it is hardly surprising if it was beyond the reach of even my most alert students. Since the idea of the intellectual emerged in the 18th century, it has had, at its core, a commitment to social transformation. Being an intellectual means thinking your way toward a vision of the good society and then trying to realize that vision by speaking truth to power.
  • It takes more than just intellect; it takes imagination and courage.
  • Being an intellectual begins with thinking your way outside of your assumptions and the system that enforces them. But students who get into elite schools are precisely the ones who have best learned to work within the system, so it’s almost impossible for them to see outside it, to see that it’s even there.
  • Paradoxically, the situation may be better at second-tier schools and, in particular, again, at liberal arts colleges than at the most prestigious universities. Some students end up at second-tier schools because they’re exactly like students at Harvard or Yale, only less gifted or driven. But others end up there because they have a more independent spirit. They didn’t get straight A’s because they couldn’t be bothered to give everything in every class. They concentrated on the ones that meant the most to them or on a single strong extracurricular passion or on projects that had nothing to do with school
  • I’ve been struck, during my time at Yale, by how similar everyone looks. You hardly see any hippies or punks or art-school types, and at a college that was known in the ’80s as the Gay Ivy, few out lesbians and no gender queers. The geeks don’t look all that geeky; the fashionable kids go in for understated elegance. Thirty-two flavors, all of them vanilla.
  • The most elite schools have become places of a narrow and suffocating normalcy. Everyone feels pressure to maintain the kind of appearance—and affect—that go with achievement
  • Now that students are in constant electronic contact, they never have trouble finding each other. But it’s not as if their compulsive sociability is enabling them to develop deep friendships.
  • What happens when busyness and sociability leave no room for solitude? The ability to engage in introspection, I put it to my students that day, is the essential precondition for living an intellectual life, and the essential precondition for introspection is solitude
  • the life of the mind is lived one mind at a time: one solitary, skeptical, resistant mind at a time. The best place to cultivate it is not within an educational system whose real purpose is to reproduce the class system.
jlessner

Why Facebook's News Experiment Matters to Readers - NYTimes.com - 0 views

  • Facebook’s new plan to host news publications’ stories directly is not only about page views, advertising revenue or the number of seconds it takes for an article to load. It is about who owns the relationship with readers.
  • It’s why Google, a search engine, started a social network and why Facebook, a social network, started a search engine. It’s why Amazon, a shopping site, made a phone and why Apple, a phone maker, got into shopping.
  • Facebook’s experiment, called instant articles, is small to start — just a few articles from nine media companies, including The New York Times. But it signals a major shift in the relationship between publications and their readers. If you want to read the news, Facebook is saying, come to Facebook, not to NBC News or The Atlantic or The Times — and when you come, don’t leave. (For now, these articles can be viewed on an iPhone running the Facebook app.)
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  • The front page of a newspaper and the cover of a magazine lost their dominance long ago.
  • But news reports, like albums before them, have not been created that way. One of the services that editors bring to readers has been to use their news judgment, considering a huge range of factors, when they decide how articles fit together and where they show up. The news judgment of The New York Times is distinct from that of The New York Post, and for generations readers appreciated that distinction.
  • “In digital, every story becomes unbundled from each other, so if you’re not thinking of each story as living on its own, it’s tying yourself back to an analog era,” Mr. Kim said.
  • Facebook executives have insisted that they intend to exert no editorial control because they leave the makeup of the news feed to the algorithm. But an algorithm is not autonomous. It is written by humans and tweaked all the time. Advertisement Continue reading the main story Advertisement Continue reading the main story
  • That raises some journalistic questions. The news feed algorithm works, in part, by showing people more of what they have liked in the past. Some studies have suggested that means they might not see as wide a variety of news or points of view, though others, including one by Facebook researchers, have found they still do.
  • Tech companies, Facebook included, are notoriously fickle with their algorithms. Publications became so dependent on Facebook in the first place because of a change in its algorithm that sent more traffic their way. Later, another change demoted articles from sites that Facebook deemed to run click-bait headlines. Then last month, Facebook decided to prioritize some posts from friends over those from publications.
Javier E

This is what it's like to grow up in the age of likes, lols and longing | The Washingto... - 1 views

  • She slides into the car, and even before she buckles her seat belt, her phone is alight in her hands. A 13-year-old girl after a day of eighth grade.
  • She doesn’t respond, her thumb on Instagram. A Barbara Walters meme is on the screen. She scrolls, and another meme appears. Then another meme, and she closes the app. She opens BuzzFeed. There’s a story about Florida Gov. Rick Scott, which she scrolls past to get to a story about Janet Jackson, then “28 Things You’ll Understand If You’re Both British and American.” She closes it. She opens Instagram. She opens the NBA app. She shuts the screen off. She turns it back on. She opens Spotify. Opens Fitbit. She has 7,427 steps. Opens Instagram again. Opens Snapchat. She watches a sparkly rainbow flow from her friend’s mouth. She watches a YouTube star make pouty faces at the camera. She watches a tutorial on nail art. She feels the bump of the driveway and looks up. They’re home. Twelve minutes have passed.
  • Katherine Pommerening’s iPhone is the place where all of her friends are always hanging out. So it’s the place where she is, too.
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  • “Over 100 likes is good, for me. And comments. You just comment to make a joke or tag someone.”
  • The best thing is the little notification box, which means someone liked, tagged or followed her on Instagram. She has 604 followers. There are only 25 photos on her page because she deletes most of what she posts. The ones that don’t get enough likes, don’t have good enough lighting or don’t show the coolest moments in her life must be deleted.
  • Sociologists, advertisers, stock market analysts – everyone wants to know what happens when the generation born glued to screens has to look up and interact with the world.
  • “It kind of, almost, promotes you as a good person. If someone says, ‘tbh you’re nice and pretty,’ that kind of, like, validates you in the comments. Then people can look at it and say ‘Oh, she’s nice and pretty.’ ”
  • School is where she thrives: She is beloved by her teachers, will soon star as young Simba in the eighth-grade performance of “The Lion King” musical, and gets straight A’s. Her school doesn’t offer a math course challenging enough for her, so she takes honors algebra online through Johns Hopkins University.
  • “Happy birthday posts are a pretty big deal,” she says. “It really shows who cares enough to put you on their page.”
  • He checks the phone bill to see who she’s called and how much she’s been texting, but she barely calls anyone and chats mostly through Snapchat, where her messages disappear.
  • Some of Katherine’s very best friends have never been to her house, or she to theirs. To Dave, it seems like they rarely hang out, but he knows that to her, it seems like they’re together all the time.
  • Dave Pommerening wants to figure out how to get her to use it less. One month, she ate up 18 gigabytes of data. Most large plans max out at 10. He intervened and capped her at four GB. “I don’t want to crimp it too much,” he says. “That’s something, from my perspective, I’m going to have to figure out, how to get my arms around that.”
  • Even if her dad tried snooping around her apps, the true dramas of teenage girl life are not written in the comments. Like how sometimes, Katherine’s friends will borrow her phone just to un-like all the Instagram photos of girls they don’t like. Katherine can’t go back to those girls’ pages and re-like the photos because that would be stalking, which is forbidden.
  • Or how last week, at the middle school dance, her friends got the phone numbers of 10 boys, but then they had to delete five of them because they were seventh-graders. And before she could add the boys on Snapchat, she realized she had to change her username because it was her childhood nickname and that was totally embarrassing.
  • Then, because she changed her username, her Snapchat score reverted to zero. The app awards about one point for every snap you send and receive. It’s also totally embarrassing and stressful to have a low Snapchat score. So in one day, she sent enough snaps to earn 1,000 points.
  • Snapchat is where flirting happens. She doesn’t know anyone who has sent a naked picture to a boy, but she knows it happens with older girls, who know they have met the right guy.
  • Nothing her dad could find on her phone shows that for as good as Katherine is at math, basketball and singing, she wants to get better at her phone. To be one of the girls who knows what to post, how to caption it, when to like, what to comment.
  • Katherine doesn’t need magazines or billboards to see computer-perfect women. They’re right on her phone, all the time, in between photos of her normal-looking friends. There’s Aisha, there’s Kendall Jenner’s butt. There’s Olivia, there’s YouTube star Jenna Marbles in lingerie.
  • The whole world is at her fingertips and has been for years. This, Katherine offers as a theory one day, is why she doesn’t feel like she’s 13 years old at all. She’s probably, like, 16.
  • “I don’t feel like a child anymore” she says. “I’m not doing anything childish. At the end of sixth grade” — when all her friends got phones and downloaded Snapchat, Instagram and Twitter — “I just stopped doing everything I normally did. Playing games at recess, playing with toys, all of it, done.”
  • Her scooter sat in the garage, covered in dust. Her stuffed animals were passed down to Lila. The wooden playground in the back yard stood empty. She kept her skateboard with neon yellow wheels, because riding it is still cool to her friends.
  • On the morning of her 14th birthday, Katherine wakes up to an alarm ringing on her phone. It’s 6:30 a.m. She rolls over and shuts it off in the dark. Her grandparents, here to celebrate the end of her first year of teenagehood, are sleeping in the guest room down the hall. She can hear the dogs shuffling across the hardwood downstairs, waiting to be fed. Propping herself up on her peace-sign-covered pillow, she opens Instagram. Later, Lila will give her a Starbucks gift card. Her dad will bring doughnuts to her class. Her grandparents will take her to the Melting Pot for dinner. But first, her friends will decide whether to post pictures of Katherine for her birthday. Whether they like her enough to put a picture of her on their page. Those pictures, if they come, will get likes and maybe tbhs. They should be posted in the morning, any minute now. She scrolls past a friend posing in a bikini on the beach. Then a picture posted by Kendall Jenner. A selfie with coffee. A basketball Vine. A selfie with a girl’s tongue out. She scrolls, she waits. For that little notification box to appear.
blythewallick

School Start Times and Teens' Sleep Needs | Psychology Today - 0 views

  • In 2014, the American Academy of Pediatrics recommended that middle and high school start no earlier than 8:30 a.m. And just this week, California was the first state to pass into law school start times of no earlier than 8 a.m. for middle schools and 8:30 a.m.
  • The research is clear that sleep is critical for healthy functioning and development at all points across the lifespan. Sleep disturbances have been linked to a host of outcomes including more difficulty concentrating and learning new material, lower academic performance, higher rates of obesity, increased inflammation, higher mortality, and compromised psychological health.
  • As a result of the mismatch between biological changes and earlier school start times, teenagers are often unable to sleep the recommended 8-10 hours per night that is recommended for this age. In fact, national studies show that teenagers are one of the most sleep-deprived groups in the country with only 15 percent getting the recommended hours of sleep.
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  • We know that adolescents undergo significant biological changes that impact their circadian rhythm—as a result, their biological clocks shift so that their bodies naturally want to go to sleep later. However, in many communities, these biological shifts are at odds with school schedules which often have younger, elementary school age youth beginning school later, and older, high-school teens beginning school earlier.
  • researchers found that students slept an average of 34 minutes more after the start time delay. Moreover, the increase in sleep duration was explained by students waking up later (that is, students were still going to bed around the same time). In addition, delaying school start times was also associated with higher grades, lower levels of daytime sleepiness, and fewer first-period tardies and absences. 
  • With California schools leading the way in implementing a delay at the state level, in the next three years, it is my hope that we will have more information and data about all the ways in which school start times impact all levels of a school system (e.g., bus drivers, teachers, students, parents, families, administrators) and for all students.  
Javier E

A Modest Proposal for More Back-Stabbing in Preschool - NYTimes.com - 0 views

  • I am a deluded throwback to carefree days, and in my attempt to raise a conscious, creative and socially and environmentally responsible child while lacking the means to also finance her conscious, creative and environmentally and socially responsible lifestyle forever, I’d accidentally gone and raised a hothouse serf. Oops.
  • Reich’s thesis is that some inequality is inevitable, even necessary, in a free-market system. But what makes an economy stable and prosperous is a strong, vibrant, growing middle class. In the three decades after World War II, a period that Reich calls “the great prosperity,” the G.I. Bill, the expansion of public universities and the rise of labor unions helped create the biggest, best-educated middle class in the world. Reich describes this as an example of a “virtuous circle” in which productivity grows, wages increase, workers buy more, companies hire more, tax revenues increase, government invests more, workers are better educated. On the flip side, when the middle class doesn’t share in the economic gains, it results over time in a downward vicious cycle: Wages stagnate, workers buy less, companies downsize, tax revenues decrease, government cuts programs, workers are less educated, unemployment rises, deficits grow. Since the crash that followed the deregulation of the financial markets, we have struggled to emerge from such a cycle.
  • What if the kid got it in her head that it was a good idea to go into public service, the helping professions, craftsmanship, scholarship or — God help her — the arts? Wouldn’t a greedier, more back-stabby style of early education be more valuable to the children of the shrinking middle class ­ — one suited to the world they are actually living in?
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  • Are we feeding our children a bunch of dangerous illusions about fairness and hard work and level playing fields? Are ideals a luxury only the rich can afford?
  • I’m reminded of the quote by John Adams: “I must study politics and war, that my sons may have the liberty to study mathematics and philosophy. My sons ought to study mathematics and philosophy, geography, natural history [and] naval architecture . . . in order to give their children a right to study painting, poetry, music, architecture, tapestry and porcelain.” For all intents and purposes, I guess I studied porcelain. The funny thing is that my parents came from a country (Peru) with a middle class so small that parents had to study business so that their children could study business. If I didn’t follow suit, it’s at least in part because I spent my childhood in the 1970s absorbing the nurturing message of a progressive pop culture that told me I could be anything I wanted, because this is America.
  • “When we see the contrast between the values we share and the realities we live in, that is the fundamental foundation for social change.”
Javier E

Establishment Populism Rising - NYTimes.com - 0 views

  • If we had the same income distribution in the United States that we did in 1979, the top 1 percent would have $1 trillion less today [in annual income], and the bottom 80 percent would have $1 trillion more. That works out to about $700,000 [a year for] for a family in the top 1 percent, and works out to about $11,000 a year for a family in the bottom 80 percent.
  • The lion’s share of the income of the top 1 percent is concentrated in the top 0.1 percent and 0.01 percent. The average income of the top 1 percent in 2013, according to data provided by Emmanuel Saez, a Berkeley economist, was $1.2 million, for the top 0.1 percent, $5.3 million, and for the top 0.01 percent, $24.9 million.
  • In other words, any attempt to correct the contemporary pattern in income distribution would require large and controversial changes in tax policy, regulation of the workplace, and intervention in the economy to expand employment and to raise wages.
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  • To counter the weak employment market, Summers called for major growth in government expenditures to fill needs that the private sector is not addressing:In our society, whether it is taking care of the young or taking care of the old, or repairing a lot that needs to be repaired, there is a huge amount of very valuable work that needs to be done. It’s much less clear, to use a modern phrase, that there’s a viable business model for getting it done. And I guess the reason why I think there is going to need to be a lot of reflection on the role of government going forward is that, if I’m right, that there’s vitally important work to be done for which there is no standard capital business model that will get it done. That suggests important roles for public policy.
  • the report calls for tax and regulatory policies to encourage employee ownership, the strengthening of collective bargaining rights, regulations requiring corporations to provide fringe benefits to employees working for subcontractors, a substantial increase in the minimum wage, sharper overtime pay enforcement, and a huge increase in infrastructure appropriations – for roads, bridges, ports, schools – to spur job creation and tighten the labor market.
  • Summers also calls for significant increases in the progressivity of the United States tax system.
  • He advocates aggressive steps to eliminate “rents” — profits that result from monopoly or other forms of government protection from competition. Summers favors attacking rents in the form of “exclusionary zoning practices” that bid up the price of housing, “excessively long copyright” protections, and financial regulations “providing implicit subsidies to a fortunate minority.”
  • Signaling that he now finds himself on common ground with stalwarts of the Democratic left like Elizabeth Warren and Joe Stiglitz, Summers adds, “Government needs to try to make sure everyone can get access to financial markets on an equal basis.”
  • Summers supports looking past income inequality to the distribution of wealth. During our conversation, he pointed out that “a large fraction of capital gains escapes taxation entirely” through “the stepped up basis at death.”
  • The idea that an economy could suffer from a persistent shortage of demand is an enormous switch for Summers or anyone who had been adhering to the economic orthodoxy in the three decades prior to the crisisin 2008. Baker goes on to argue that Summers “now recognizes that the financial system needs serious regulation.”
  • Many of the policies outlined by Summers — especially on trade, taxation, financial regulation and worker empowerment — are the very policies that divide the Wall-Street-corporate wing from the working-to-middle-class wing of the Democratic Party. Put another way, these policies divide the money wing from the voting wing.
  • Summers has forced out in the open a set of choices that Hillary Clinton has so far avoided, choices that even if she attempts to elide them will amount to a signal of where her loyalties lie.
  • “The core problem,” according to Summers, is thatthere aren’t enough jobs, and if you help some people, you can help them get the jobs, but then someone else won’t get the jobs. And unless you’re doing things that are affecting the demand for jobs, you’re helping people win a race to get a finite number of jobs, and there are only so many of them.
  • he is “all for” more schooling and job training, but as an answer to the problems of the job marketplace, “it is fundamentally an evasion.”
  • Summers’s analysis of current economic conditions suggests that free market capitalism, as now structured, is producing major distortions. These distortions, in his view, have resulted in gains of $1 trillion annually to those at the top of the pyramid, and losses of $1 trillion every year to those in the bottom 80 percent.
  • Summers’s ascendance is a reflection of the abandonment by much of the party establishment of neo-liberal thinking, premised on the belief that unregulated markets and global trade would produce growth beneficial to worker and C.E.O. alike.
  • Larry Summers, who withdrew his candidacy for the chairmanship of the Federal Reserve under pressure from the liberal wing of the Democratic Party in 2013, has emerged as the party’s dominant economic policy strategist. The former Treasury secretary’s evolving message has won over many of his former critics.
adonahue011

In a Swing County in a Swing State, the Verdict Is In: It's Going to Be Close - The New... - 0 views

    • adonahue011
       
      Hillary could not win over Pinellas County the same way Obama could, she did resonate with middle-class voters. This seems to be a common theme when referring to the election in 2016. It seemed that Trump appealed to the middle class more so that Hillary.
    • adonahue011
       
      The county also reflects the sate in terms of being a "swing"
    • adonahue011
       
      The county also reflects the sate in terms of being a "swing"
    • adonahue011
       
      Important demographic of the area
    • adonahue011
       
      Important demographic of the area
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  • with most polls indicating that it’s anyone’s guess who will carry Florida
  • held rallies in nearby Tampa on Thursday that underlined the polar-opposite realities each candidate now inhabits:
    • adonahue011
       
      I like how the article highlights the way the two candidates went about trying to win a swing state like Florida. Biden being focused on Coronavirus and actual problems. While Trump went on to make Biden look bad instead of focusing on problems and policy.
    • adonahue011
       
      I like how the article highlights the way the two candidates went about trying to win a swing state like Florida. Biden being focused on Coronavirus and actual problems. While Trump went on to make Biden look bad instead of focusing on problems and policy.
  • a conservative who said he had blocked Fox News on social media for being “too mainstream,”
  • “felt that it would be a good learning experience, so she could learn about some history and politics firsthand.”
    • adonahue011
       
      Interesting that he took his daughter out of school to be apart of history. It makes me think about the question of "what side of history do you want to be on?"
  • Does he have a locker-room mentality?
  • “Yeah, sure, but I’m not hiring him to be nice.”
  • once overshadowed by Clearwater’s beach-retirement hub — has been transformed by recent years that have brought a mix of gentrification and progressive politics.
  • get-out-the-vote rally in honor of Representative John Lewis, the Georgia Democrat and voting rights champion who died over the summer
    • adonahue011
       
      It is so interesting how areas so close to each other are so drastically different in politics and beliefs.
  • One in five Black Floridians is thought to have a felony conviction and could be unable to vote because of it.
  • “I’m not encouraging anyone to break the law, but today is a day for some ‘good trouble,’” she added, using one of Mr. Lewis’s signature phrases from his civil rights struggles
  • Mr. Overcast sighed. He said that living in the same county as the Church of Scientology’s headquarters had taught him how to tolerate almost any point of view, even that of the neighbor, who he suspected had stolen the Trump sign from his lawn.Mr. Overcast said his home security system had filmed the culprit making off with it. But rather than confront the neighbor, Mr. Overcast just bought another sign.“But with this one I tied 90 pounds of fishing line on it and tied it to a tree in my yard,” he said.
  • Billy Overcast — “spelled like the weather,” said Mr. Overcast, pointing up, however, to a typically clear day with one hand, a “Trump 2020” flag in the other.
    • adonahue011
       
      Once again so close but so drastically different
    • adonahue011
       
      He is showing his beliefs even though the majority of his club fly Trump flags, not Biden flags. The picture at the beginning of the article shows how much pride he has for his beliefs
  • Clearwater
    • adonahue011
       
      Interesting how they are comparing Florida being a swing state to the flying of flags on jeeps
  • The Confederate flag also bothered him, he told his fellow Jeep enthusiasts, as did the systemic racism
  • decorated with red, white and blue balloons; an American flag; a Black Lives Matter flag; another flag with an L.G.B.T. rainbow he found on Amazon; and lots of Biden-Harris campaign paraphernalia.
  • St. Petersburg and conservative Clearwater, the vacation hub and base of the Church of Scientology.
  • in the swing state that crowned past presidents by small margins, much in this country is riding o
  • n the all-important question of who flies what flag on which Jeep.
  • Pinellas County, about three-quarters of which is white, includes a good number of older retirees and suburban women
  • favor Joseph R. Biden Jr., the Democratic presidential nominee.
  • 256,000 are registered as Democrats
  • 252,000 as Republicans.
  • a swing county in a swing state
  • Donald J. Trump narrowly triumphed here by roughly 6,000 votes, out of about half a million cast
  • But postelection observers said her appeals to middle-class voters in Pinellas County didn’t resonate as well as Mr. Obama’s had.
mcginnisca

Why Do We Teach Girls That It's Cute to Be Scared? - The New York Times - 0 views

  • Why Do We Teach Girls That It’s Cute to Be Scared?
  • Apparently, fear is expected of women.
  • parents cautioned their daughters about the dangers of the fire pole significantly more than they did their sons and were much more likely to assist them
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  • But both moms and dads directed their sons to face their fears, with instruction on how to complete the task on their own.
  • Misadventures meant that I should try again. With each triumph over fear and physical adversity, I gained confidence.
  • She said that her own mother had been very fearful, gasping at anything remotely rough-and-tumble. “I had been so discouraged from having adventures, and I wanted you to have a more exciting childhood,”
  • arents are “four times more likely to tell girls than boys to be more careful”
  • “Girls may be less likely than boys to try challenging physical activities, which are important for developing new skills.” This study points to an uncomfortable truth: We think our daughters are more fragile, both physically and emotionally, than our sons. Advertisement Continue reading the main story Advertisement Continue reading the main story
  • Nobody is saying that injuries are good, or that girls should be reckless. But risk taking is important
  • It follows that by cautioning girls away from these experiences, we are not protecting them. We are failing to prepare them for life.
  • When a girl learns that the chance of skinning her knee is an acceptable reason not to attempt the fire pole, she learns to avoid activities outside her comfort zone.
  • Fear becomes a go-to feminine trait, something girls are expected to feel and express at will.
  • By the time a girl reaches her tweens no one bats an eye when she screams at the sight of an insect.
  • When girls become women, this fear manifests as deference and timid decision making
  • We must chuck the insidious language of fear (Be careful! That’s too scary!) and instead use the same terms we offer boys, of bravery and resilience. We need to embolden girls to master skills that at first appear difficult, even dangerous. And it’s not cute when a 10-year-old girl screeches, “I’m too scared.”
  • I was often scared. Of course I was. So were the men.
jlessner

Straight Talk for White Men - NYTimes.com - 0 views

  • SUPERMARKET shoppers are more likely to buy French wine when French music is playing, and to buy German wine when they hear German music. That’s true even though only 14 percent of shoppers say they noticed the music, a study finds.
  • Researchers discovered that candidates for medical school interviewed on sunny days received much higher ratings than those interviewed on rainy days. Being interviewed on a rainy day was a setback equivalent to having an MCAT score 10 percent lower, according to a new book called “Everyday Bias,” by Howard J. Ross.
  • Those studies are a reminder that we humans are perhaps less rational than we would like to think, and more prone to the buffeting of unconscious influences. That’s something for those of us who are white men to reflect on when we’re accused of “privilege.”
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  • When I wrote a series last year, “When Whites Just Don’t Get It,” the reaction from white men was often indignant: It’s an equal playing field now! Get off our case!
  • Yet the evidence is overwhelming that unconscious bias remains widespread in ways that systematically benefit both whites and men. So white men get a double dividend, a payoff from both racial and gender biases.
  • male professors are disproportionately likely to be described as a “star” or “genius.” Female professors are disproportionately described as “nasty,” “ugly,” “bossy” or “disorganized.”
  • When students were taking the class from someone they believed to be male, they rated the teacher more highly. The very same teacher, when believed to be female, was rated significantly lower.
  • The study found that a résumé with a name like Emily or Greg received 50 percent more callbacks than the same résumé with a name like Lakisha or Jamal. Having a white-sounding name was as beneficial as eight years’ work experience.
  • Then there was the study in which researchers asked professors to evaluate the summary of a supposed applicant for a post as laboratory manager, but, in some cases, the applicant was named John and in others Jennifer. Everything else was the same.“John” was rated an average of 4.0 on a 7-point scale for competence, “Jennifer” a 3.3. When asked to propose an annual starting salary for the applicant, the professors suggested on average a salary for “John” almost $4,000 higher than for “Jennifer.”Continue reading the main story Continue reading the main story
  • While we don’t notice systematic unfairness, we do observe specific efforts to redress it — such as affirmative action, which often strikes white men as profoundly unjust. Thus a majority of white Americans surveyed in a 2011 study said that there is now more racism against whites than against blacks.
Javier E

Why Rotterdam Wouldn't Allow a Bridge to Be Dismantled for Bezos' Yacht - The New York ... - 0 views

  • explaining the anger that Mr. Bezos and Oceanco, the maker of the three-masted, $500 million schooner, inspired after making what may have sounded like a fairly benign request. The company asked the local government to briefly dismantle the elevated middle span of the Hef, which is 230 feet tall at its highest point, allowing the vessel to sail down the King’s Harbor channel and out to sea.
  • The whole process would have taken a day or two and Oceanco would have covered the costs.AdvertisementContinue reading the main story
  • The bridge, a lattice of moss-green steel in the shape of a hulking “H,” is not actually used by anyone. It served as a railroad bridge for decades until it was replaced by a tunnel and decommissioned in the early 1990s. It’s been idle ever since.
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  • In sum, the operation would have been fast, free and disrupted nothing. So why the fuss?
  • “What can you buy if you have unlimited cash? Can you bend every rule? Can you take apart monuments?”
  • “There’s a principle at stake,”
  • The first problem was the astounding wealth of Mr. Bezos.
  • “The Dutch like to say, ‘Acting normal is crazy enough,’
Javier E

How Can 'Absurd' Luxury Prices be Justified? - The New York Times - 1 views

  • According to the data company EDITED, average luxury prices are up by 25 percent since 2019. Many brands attribute their increases to everything from inflation and the balancing out of regional price disparities to the fallout of the pandemic and impact of the war in Ukraine. But for many luxury fashion brands, the uptick has been taking place over a longer timeline.
  • Take Chanel, where handbag prices have more than doubled since 2016. The auction house Sotheby’s found a classic 2.55 Chanel bag sold for around $1,650 in 2008. In 2023, that figure from Chanel is closer to $10,200. (If the cost had risen in line with inflation over the 15-year period, it would be expected to cost $2,359).
  • “Industrywide, the pricing has gotten truly absurd,” the influencer Bryan Yambao noted in an Instagram post this week when discussing a $6,000 woolen Miu Miu coat.
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  • The answer is the 1 percent, obviously (or those willing to incur credit card debt). Luca Solca, an analyst for Bernstein, estimates that the top 5 percent of luxury clients now account for more than 40 percent of sales for most luxury goods brands
  • As wealth inequality increases globally, luxury brands are doubling down on an ever smaller slice of their clientele
  • VF There’s a sort of warring imperative here between people who see it as a badge of honor not to buy full price and those who belong to the very tiny club that can. Economics are involved, but as much as anything, it’s also psychology.
  • VF Which brings me back to Phoebe Philo’s current scarcity model: We don’t even know how much of any piece they produced (the company wouldn’t say) but the message is the market will bear the prices, since the products are sold out. We think because it is more expensive, it has more value.
  • GT This is the stuff for which Daniel Kahneman won the Nobel. Subjects shown two identical cashmere sweaters, one at a far higher price, inevitably chose the more costly of the two. His point was that we don’t think. We act irrationally.
  • EP Speaking of dollars, a quarter of a trillion them have been wiped off the value of Europe’s seven biggest luxury businesses since April, and sales are generally down across most fashion groups. That is the aspirational middle class stepping away from the credit card machine.
Javier E

Opinion | I Did Not Feel the Need to See People Like Me on TV or in Books - The New Yor... - 0 views

  • It reminds me of how many people complain that they don’t see themselves in movies, books, etc. When I was growing up, I didn’t much, either, but I can’t say that it bothered me.
  • But what I enjoyed about TV was seeing something other than myself. I liked it as a window on the world, not as a look into my own life.
  • It was the same with books. The last thing I expected when growing up was to read about myself
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  • There were plenty of books about Black people, but they tended to be about poor or working-class Black people and often depicted Black lives proscribed by discrimination and inequality
  • I was aware of two instances of myself in fiction of the time. One was the nerdy teenage middle-class Black girl in Louise Fitzhugh’s “Nobody’s Family Is Going to Change.” Then there was “Sarah Phillips” by Andrea Lee in 1984. That one was a near-sacred experience for me, in depicting a middle-class Black girl who grew up outside Philadelphia, went to Harvard and then moved to Europe. Here was someone I could have been, a variation on some people I knew
  • But I neither needed nor sought out more such books. How much me did I need? I read to learn about what I didn’t know.
  • when I started my graduate study, I explicitly did not want to study Black English. It was too close to home.
  • What fascinated me, and still does, are languages utterly unlike the one I grew up with. This is what I do my academic work on. I am happy to write about Black English, but I do it out of civic duty. What first hooked me on languages was hearing someone speak Hebrew
  • This idea that one, if brown, is to seek one’s self in what one reads and watches gets around quite a bit.
  • But still, the idea that Black people are deprived in not exploring what they already relate to is not as natural as it sounds.
  • This position is rooted, one suspects, as a defense against racism, in a sense that learning most meaningfully takes place within a warm comfort zone of cultural membership. But it’s a wide, wide world out there, and this position ultimately limits the mind and the soul.
  • I question its necessity in 2023. The etymology of the word “education” is related to the Latin “educere,” meaning to lead outward, not inward.
  • It can be especially ticklish to hear white people taking up the idea that Black people stray from their selves when taking up things beyond Blackness
  • I sense the idea that real Blackness means ever seeking yourself in your reading and viewing is a post-1966 thing, to refer to what I wrote here last week.
  • W.E.B. Du Bois had no such idea. He wrote: “I sit with Shakespeare, and he winces not. Across the color line I move arm in arm with Balzac and Dumas, where smiling men and welcoming women glide in gilded halls. From out the caves of evening that swing between the strong-limbed Earth and the tracery of the stars, I summon Aristotle and Aurelius and what soul I will, and they come all graciously with no scorn nor condescension.”
  • Du Bois adapted these “white” works to his own needs and predilections. Even the naked racism he lived with daily did not lead him to draw a line around “white” things as something alien to his essence
  • Rather, he insisted that these works were, in fact, part of his self, regardless of how wider society saw that self or how figures like Shakespeare and Aristotle would have seen him.
  • Du Bois, in this, was normal. Today I sit with “Succession,” Steely Dan and Saul Bellow, and they wince not. I see myself in none of them. Yes, Bellow had some nasty moments on race, such as a gruesomely prurient scene in “Mr. Sammler’s Planet.” But I’m sorry: I cannot let that one scene — or even two — deprive me of the symphonic reaches of “Herzog” and “Humboldt’s Gift.” What they offer, after all, becomes part of me along with everything else.
  • the truth is that characters I can see as me are now not uncommon on television in particular. Andre Braugher’s Captain Holt on “Brooklyn Nine-Nine” was about as close to me as I expect a sitcom character ever to be, for example. That was fun. But honestly, I didn’t need it. I live with me. I watch TV to see somebody else.
Javier E

ThinkUp Helps the Social Network User See the Online Self - NYTimes.com - 1 views

  • In addition to a list of people’s most-used words and other straightforward stats like follower counts, ThinkUp shows subscribers more unusual information such as how often they thank and congratulate people, how frequently they swear, whose voices they tend to amplify and which posts get the biggest reaction and from whom.
  • after using ThinkUp for about six months, I’ve found it to be an indispensable guide to how I navigate social networks.
  • Every morning the service delivers an email packed with information, and in its weighty thoroughness, it reminds you that what you do on Twitter and Facebook can change your life, and other people’s lives, in important, sometimes unforeseen ways.
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  • ThinkUp is something like Elf on the Shelf for digitally addled adults — a constant reminder that someone is watching you, and that you’re being judged.
  • “The goal is to make you act like less of a jerk online,” Ms. Trapani said. “The big goal is to create mindfulness and awareness, and also behavioral change.”
  • One of the biggest dangers is saying something off the cuff that might make sense in a particular context, but that sounds completely off the rails to the wider public. The problem, in other words, is acting without thinking — being caught up in the moment, without pausing to reflect on the long-term consequences. You’re never more than a few taps away from an embarrassment that might ruin your career, or at least your reputation, for years to come.
  • Because social networks often suggest a false sense of intimacy, they tend to lower people’s self-control.
  • Like a drug or perhaps a parasite, they worm into your devices, your daily habits and your every free moment, and they change how you think.Continue reading the main story Continue reading the main story
  • For those of us most deeply afflicted, myself included, every mundane observation becomes grist for a 140-character quip, and every interaction a potential springboard into an all-consuming, emotionally wrenching flame battle.
  • people often tweet and update without any perspective about themselves. That’s because Facebook and Twitter, as others have observed, have a way of infecting our brains.
  • getting a daily reminder from ThinkUp that there are good ways and bad ways to behave online — has a tendency to focus the mind.
  • More basically, though, it’s helped me pull back from social networks. Each week, ThinkUp tells me how often I’ve tweeted. Sometimes that number is terribly high — a few weeks ago it was more than 800 times — and I realize I’m probably overtaxing my followers
  • ThinkUp charges $5 a month for each social network you connect to it. Is it worth it? After all, there’s a better, more surefire way of avoiding any such long-term catastrophe caused by social media: Just stop using social networks.
  • The main issue constraining growth, the founders say, is that it has been difficult to explain to people why they might need ThinkUp.
  • your online profile plays an important role in how you’re perceived by potential employers. In a recent survey commissioned by the job-hunting site CareerBuilder, almost half of companies said they perused job-seekers’ social networking profiles to look for red flags and to see what sort of image prospective employees portrayed online.
  • even though “never tweet” became a popular, ironic thing to tweet this year, actually never tweeting, and never being on Facebook, is becoming nearly impossible for many people.
  • That may change as more people falter on social networks, either by posting unthinking comments that end up damaging their careers, or simply by annoying people to the point that their online presence becomes a hindrance to their real-life prospects.
B Mannke

The War No Image Could Capture - Deborah Cohen - The Atlantic - 1 views

  • Essay December 2013 The War No Image Could Capture Photography has given us iconic representations of conflict since the Civil War—with a notable exception. Why, during the Great War, the camera failed. 
  • They could not be rescued yet, and so an anonymous official photographer attached to the Royal Engineers did what he could to record the scene. The picture he took, though, tells almost nothing without a caption. The landscape is flat and featureless. The dead and wounded look like dots. “Like a million bloody rugs,” wrote F. Scott Fitzgerald of the Somme carnage. In fact, you can’t make out blood. You can’t even tell you’re looking at bodies.
  • iconic representations of war
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  • World War I yielded a number of striking and affecting pictures. Some, included in the gallery of 380 presented in The Great War: A Photographic Narrative, are famous: the line of gassed men, blinded and clutching each other’s shoulders as they approach a first-aid station in 1918; the haunting, charred landscapes of the Ypres Salient in 1917. And yet in both cases, the more-renowned versions were their painted successors of 1919: John Singer Sargent’s oil painting Gassed, and Paul Nash’s semi-abstract rendering of the blasted Belgian flatland, The Menin Road. The essence of the Great War lies in the absence of any emblematic photograph.
  • The quest to communicate an unprecedented experience of combat began almost as soon as the war did, and it has continued ever since
  • All Quiet on the Western Front (1929): the war was unimaginable, dehumanizing, the unredeemable sacrifice of a generation. It marked the origin of our ironic sensibility
  • The central conundrum in representing the First World War is a stark one: the staggering statistics of matériel, manpower, and casualties threaten constantly to extinguish the individual. That was what the war poets understood, and why the images they summoned in words have been transmitted down a century. As Wilfred Owen did in “Dulce et Decorum Est” (1917), the poets addressed their readers directly, unsettling them with a vision of the damage suffered by a particular man’s body or mind.
  • The British prime minister’s own eldest son, Raymond Asquith, was killed a few days later and a few miles away, at the Battle of Flers–Courcelette.
  • We felt they were mad.”
  • Needless to say, such a move was not repeated.
  • A great deal of the official photography of 1914 and 1915 borders on the risible: stiffly posed pictures that gesture to the heroic war that had been foretold rather than the war that was unfolding. In one picture, a marksman in a neat uniform crouches safely behind a fortification, intent on his quarry. In another, a dugout looks like a stage set, in which the actors have been urged to strike contemplative poses.
  • e Battle of Guillemont, a British and French offensive that was successful but at great cost, this image from September 1916, by the British official photographer John Warwick Brooke, is disorienting at first glance. Are the inert lumps on the ground dead bodies, or parts of dead bodies? They are neither. But the initial relief upon recognizing that they’re inanimate objects evaporates
  • Photography, of course, can’t capture sounds or bitter intonations—that devastatingly exact gargling, not gurgling
  • . All the way through—as he meticulously documents the laborious mobilization, the pointless charges, the dead and injured marooned in the field—Sacco’s perspective is from the British lines, which means the soldiers are seen mostly from the back. He gets the details of the carts, the guns, and the uniforms exactly right. The faces he draws are deliberately generic.
  • They visited the battlefields to find the small white headstone with their soldier’s name; when there was no grave, they touched the place where a name was engraved on a memorial. They held séances to summon the dead. But inevitably, as the decades roll on, what endures are the fearsome numbers.
katherineharron

The best country in the world to raise a child? It's not America, survey finds - CNN - 0 views

  • What's the best country in the world to raise a child? If a well developed public education system tops your list, you'd likely consider the United States -- it took the top spot in education in this year's Best Countries Report, done annually since 2016 by U.S. News & World Report and the Wharton School of the University of Pennsylvania.
  • "One area where the US falls behind quite a bit is in the safety metric," she said. "In that attribute, the US actually ranks 32, pretty far down the list. So that really impacts its ratings for raising kids, of course." Read MoreCanada came in fourth for raising kids, followed by the Netherlands, Finland, Switzerland, New Zealand, Australia and Austria. The UK came in at number 11.
  • The Best Countries report evaluated 73 nations across 65 different metrics. To do so it surveyed more than 20,000 people in the Americas, Asia, Europe, the Middle East and Africa. Respondents are rather evenly split between leaders in business; college-educated citizens who consider themselves middle class or higher and who read or watch the news at least four days a week; and the general public, defined as over age 18 who's age and gender were nationally representative of their countries' demographic.
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  • "United States is no longer trustworthy. It's 50% less less trustworthy than it was when we first started a survey back in 2016," said McPhillips.
  • The US also came in at number 15 in citizenship, quality of life and best place to visit. It ranked 17th in greenest countries, 18th in most transparent countries, and 26th in best places to travel alone -- another safety issue.
kushnerha

Will Chinese babies be like Prada bags? (Opinion) - CNN.com - 1 views

  • China's decision to end its 36-year-old one-child policy imposed on 1.3 billion people was surprising but not entirely unexpected.
  • By 2025, the U.N. projects that China will be the most elderly nation on Earth, with more Chinese 60 and over than 14 and under, drastically burdening social welfare infrastructures and slashing workforce productivity.
  • Will the new two child policy really encourage Chinese parents to start having two children?
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  • After all, four decades of social pressure and sometimes coercive enforcement have deeply engrained the one-child norm into Chinese identity — and it may well take as many decades to root it out. And given the economic realities associated with raising a child in modern China, a second child could be an expensive luxury, reserved largely for the wealthy.
  • Chinese culture has long valued children above all things. Families with large broods were seen as exceptionally fortunate — because more offspring are signs of wealth, or meant more hands to work for the family.
  • having two or fewer children was a patriotic duty that ensured the nation would have enough resources for all
  • one child has become a social standard, with the consequence that for every household, a single son or daughter is now doted upon by two parents and four grandparents, showered with material possessions, pushed to excel academically and entrusted with the entirety of a family's hopes and expectations.
  • Americans spend about $13,600 per year on each child they have. That's about 27% of the median U.S. household income. Chinese spend around $3,745 per year on their kids — or about 50% of China's median household income. Almost three-quarters of that money goes toward education and enrichment; it's seen as an investment in the future
  • most of China's 140 million rising middle-class families feel they simply can't afford the financial burden of raising more than one. Which is why China's attempted doubling down on childbirth may ultimately have little near-term effect on Chinese demographics.
  • The affluent have always been able to pay the penalties for multiples. Fong points out that the three richest men in China all have more than one child. But for middle class families, simply removing penalties isn't enough. "I think many will be resistant to have second children unless the measures are accompanied by financial relief — tax breaks, scholarship guarantees, things like that.
  • Will second children simply be a luxury of the wealthy? And if so, how will that impact Chinese society?My prediction: Within a few years, no Chinese millionaire's Mercedes will be fully complete without two baby seats in back, and Bugaboo Donkey double strollers will become the new Prada bags.
caelengrubb

11 mind-blowing facts about the US economy | Markets Insider - 1 views

  • For more than a century, the United States has been the world's economic powerhouse.
  • The US is on the verge of its longest economic expansion on record
  • Last May, the US economy's streak of more than eight years of economic growth became the nation's second longest on record. It's been a slow climb following the Great Recession, but it's growth nonetheless.
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  • But the US also just hit a record 13 straight years without 3% real GDP growth
  • While the US has had a record period of economic expansion, it's not setting the world on fire. It's been a record 13 straight years without reaching 3% real gross domestic product growth. The US has come close, hitting 2.9% growth in 2018, but America hasn't hit a real GDP growth of 3% since 2005, when it grew 3.5%
  • The decade-long expansion has generated 20 million jobs
  • With economic growth stretching the past decade, key figures continue to get better. A 3.4% year-over-year wage growth is the strongest in more than a decade, a good sign as stagnant wages have kept the US middle class at bay
  • Still, the jobless rate fell to 3.8%
  • Sleep deprivation costs the US economy billions of dollars
  • More than a third of the US adult population doesn't get enough sleep, and that costs the US $411 billion through the loss of 1.2 million work days each year.
  • The lack of sleep can come from a variety of factors, whether it's overworking, poor health habits, or even the horrid blue light from electronics
  • About $100,000 separates the middle class from the upper class
  • The sports industry is worth nearly $75 billion
  • Generation Z might spend as much as $143 billion next year
  • Generation Z, the population born between 1997 and 2012, will make up 40% of US consumers by next year.
  • The average car part crosses into Mexico and Canada eight times in production
  • Mexico is the top trade partner, with the US exporting $21.9 billion worth of products to its southern neighbor and importing $27.7 billion, making up 14.8% of all US trade. Canada, meanwhile, makes up 13.8% of US trade as it imports $22.6 billion worth of American goods and sends in $23.4 billion
  • If California were a country, it would have the fifth highest GDP in the world
  • With a gross domestic product of $2.747 trillion, California would only trail Germany, Japan, China, and the US as a whole.
  • The US spends more on defense than the next seven nations combined
  • That $610 billion is good for 15% of all federal spending
  • The US national debt is at an all-time high
  • In February, US government debt hit an all-time high of $22 trillion
  • In 2011, 51% of Americans were considered middle class, and that number grew slightly to 52% in 2016
  • A sports-industry report back in 2015 predicted the market in North America would be worth more than $73.5 billion by this year.
Javier E

Welcome, Robot Overlords. Please Don't Fire Us? | Mother Jones - 0 views

  • There will be no place to go but the unemployment line.
  • There will be no place to go but the unemployment line.
  • at this point our tale takes a darker turn. What do we do over the next few decades as robots become steadily more capable and steadily begin taking away all our jobs?
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  • The economics community just hasn't spent much time over the past couple of decades focusing on the effect that machine intelligence is likely to have on the labor marke
  • The Digital Revolution is different because computers can perform cognitive tasks too, and that means machines will eventually be able to run themselves. When that happens, they won't just put individuals out of work temporarily. Entire classes of workers will be out of work permanently. In other words, the Luddites weren't wrong. They were just 200 years too early
  • Slowly but steadily, labor's share of total national income has gone down, while the share going to capital owners has gone up. The most obvious effect of this is the skyrocketing wealth of the top 1 percent, due mostly to huge increases in capital gains and investment income.
  • Robotic pets are growing so popular that Sherry Turkle, an MIT professor who studies the way we interact with technology, is uneasy about it: "The idea of some kind of artificial companionship," she says, "is already becoming the new normal."
  • robots will take over more and more jobs. And guess who will own all these robots? People with money, of course. As this happens, capital will become ever more powerful and labor will become ever more worthless. Those without money—most of us—will live on whatever crumbs the owners of capital allow us.
  • Economist Paul Krugman recently remarked that our long-standing belief in skills and education as the keys to financial success may well be outdated. In a blog post titled "Rise of the Robots," he reviewed some recent economic data and predicted that we're entering an era where the prime cause of income inequality will be something else entirely: capital vs. labor.
  • while it's easy to believe that some jobs can never be done by machines—do the elderly really want to be tended by robots?—that may not be true.
  • Third, as more people compete for fewer jobs, we'd expect to see middle-class incomes flatten in a race to the bottom.
  • The question we want to answer is simple: If CBTC is already happening—not a lot, but just a little bit—what trends would we expect to see? What are the signs of a computer-driven economy?
  • if automation were displacing labor, we'd expect to see a steady decline in the share of the population that's employed.
  • Second, we'd expect to see fewer job openings than in the past.
  • In the economics literature, the increase in the share of income going to capital owners is known as capital-biased technological change
  • Fourth, with consumption stagnant, we'd expect to see corporations stockpile more cash and, fearing weaker sales, invest less in new products and new factories
  • Fifth, as a result of all this, we'd expect to see labor's share of national income decline and capital's share rise.
  • We're already seeing them, and not just because of the crash of 2008. They started showing up in the statistics more than a decade ago. For a while, though, they were masked by the dot-com and housing bubbles, so when the financial crisis hit, years' worth of decline was compressed into 24 months. The trend lines dropped off the cliff.
  • Corporate executives should worry too. For a while, everything will seem great for them: Falling labor costs will produce heftier profits and bigger bonuses. But then it will all come crashing down. After all, robots might be able to produce goods and services, but they can't consume them
  • in another sense, we should be very alarmed. It's one thing to suggest that robots are going to cause mass unemployment starting in 2030 or so. We'd have some time to come to grips with that. But the evidence suggests that—slowly, haltingly—it's happening already, and we're simply not prepared for it.
  • the first jobs to go will be middle-skill jobs. Despite impressive advances, robots still don't have the dexterity to perform many common kinds of manual labor that are simple for humans—digging ditches, changing bedpans. Nor are they any good at jobs that require a lot of cognitive skill—teaching classes, writing magazine articles
  • in the middle you have jobs that are both fairly routine and require no manual dexterity. So that may be where the hollowing out starts: with desk jobs in places like accounting or customer support.
  • In fact, there's even a digital sports writer. It's true that a human being wrote this story—ask my mother if you're not sure—but in a decade or two I might be out of a job too
  • Doctors should probably be worried as well. Remember Watson, the Jeopardy!-playing computer? It's now being fed millions of pages of medical information so that it can help physicians do a better job of diagnosing diseases. In another decade, there's a good chance that Watson will be able to do this without any human help at all.
  • Take driverless cars.
  • The next step might be passenger vehicles on fixed routes, like airport shuttles. Then long-haul trucks. Then buses and taxis. There are 2.5 million workers who drive trucks, buses, and taxis for a living, and there's a good chance that, one by one, all of them will be displaced
  • There will be no place to go but the unemployment lin
  • we'll need to let go of some familiar convictions. Left-leaning observers may continue to think that stagnating incomes can be improved with better education and equality of opportunity. Conservatives will continue to insist that people without jobs are lazy bums who shouldn't be coddled. They'll both be wrong.
  • The modern economy is complex, and most of these trends have multiple causes.
  • we'll probably have only a few options open to us. The simplest, because it's relatively familiar, is to tax capital at high rates and use the money to support displaced workers. In other words, as The Economist's Ryan Avent puts it, "redistribution, and a lot of it."
  • would we be happy in a society that offers real work to a dwindling few and bread and circuses for the rest?
  • Most likely, owners of capital would strongly resist higher taxes, as they always have, while workers would be unhappy with their enforced idleness. Still, the ancient Romans managed to get used to it—with slave labor playing the role of robots—and we might have to, as well.
  •  economist Noah Smith suggests that we might have to fundamentally change the way we think about how we share economic growth. Right now, he points out, everyone is born with an endowment of labor by virtue of having a body and a brain that can be traded for income. But what to do when that endowment is worth a fraction of what it is today? Smith's suggestion: "Why not also an endowment of capital? What if, when each citizen turns 18, the government bought him or her a diversified portfolio of equity?"
  • In simple terms, if owners of capital are capturing an increasing fraction of national income, then that capital needs to be shared more widely if we want to maintain a middle-class society.
  • it's time to start thinking about our automated future in earnest. The history of mass economic displacement isn't encouraging—fascists in the '20s, Nazis in the '30s—and recent high levels of unemployment in Greece and Italy have already produced rioting in the streets and larger followings for right-wing populist parties. And that's after only a few years of misery.
  • When the robot revolution finally starts to happen, it's going to happen fast, and it's going to turn our world upside down. It's easy to joke about our future robot overlords—R2-D2 or the Terminator?—but the challenge that machine intelligence presents really isn't science fiction anymore. Like Lake Michigan with an inch of water in it, it's happening around us right now even if it's hard to see
  • A robotic paradise of leisure and contemplation eventually awaits us, but we have a long and dimly lit tunnel to navigate before we get there.
Javier E

Ian Hacking, Eminent Philosopher of Science and Much Else, Dies at 87 - The New York Times - 0 views

  • In an academic career that included more than two decades as a professor in the philosophy department of the University of Toronto, following appointments at Cambridge and Stanford, Professor Hacking’s intellectual scope seemed to know no bounds. Because of his ability to span multiple academic fields, he was often described as a bridge builder.
  • “Ian Hacking was a one-person interdisciplinary department all by himself,” Cheryl Misak, a philosophy professor at the University of Toronto, said in a phone interview. “Anthropologists, sociologists, historians and psychologists, as well as those working on probability theory and physics, took him to have important insights for their disciplines.”
  • Professor Hacking wrote several landmark works on the philosophy and history of probability, including “The Taming of Chance” (1990), which was named one of the best 100 nonfiction books of the 20th century by the Modern Library.
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  • “I have long been interested in classifications of people, in how they affect the people classified, and how the effects on the people in turn change the classifications,” he wrote in “Making Up People
  • His work in the philosophy of science was groundbreaking: He departed from the preoccupation with questions that had long concerned philosophers. Arguing that science was just as much about intervention as it was about representation, be helped bring experimentation to center stage.
  • Regarding one such question — whether unseen phenomena like quarks and electrons were real or merely the theoretical constructs of physicists — he argued for reality in the case of phenomena that figured in experiments, citing as an example an experiment at Stanford that involved spraying electrons and positrons into a ball of niobium to detect electric charges. “So far as I am concerned,” he wrote, “if you can spray them, they’re real.”
  • His book “The Emergence of Probability” (1975), which is said to have inspired hundreds of books by other scholars, examined how concepts of statistical probability have evolved over time, shaping the way we understand not just arcane fields like quantum physics but also everyday life.
  • “I was trying to understand what happened a few hundred years ago that made it possible for our world to be dominated by probabilities,” he said in a 2012 interview with the journal Public Culture. “We now live in a universe of chance, and everything we do — health, sports, sex, molecules, the climate — takes place within a discourse of probabilities.”
  • Whatever the subject, whatever the audience, one idea that pervades all his work is that “science is a human enterprise,” Ragnar Fjelland and Roger Strand of the University of Bergen in Norway wrote when Professor Hacking won the Holberg Prize. “It is always created in a historical situation, and to understand why present science is as it is, it is not sufficient to know that it is ‘true,’ or confirmed. We have to know the historical context of its emergence.”
  • Hacking often argued that as the human sciences have evolved, they have created categories of people, and that people have subsequently defined themselves as falling into those categories. Thus does human reality become socially constructed.
  • In 2000, he became the first Anglophone to win a permanent position at the Collège de France, where he held the chair in the philosophy and history of scientific concepts until he retired in 2006.
  • “I call this the ‘looping effect,’” he added. “Sometimes, our sciences create kinds of people that in a certain sense did not exist before.”
  • In “Why Race Still Matters,” a 2005 article in the journal Daedalus, he explored how anthropologists developed racial categories by extrapolating from superficial physical characteristics, with lasting effects — including racial oppression. “Classification and judgment are seldom separable,” he wrote. “Racial classification is evaluation.”
  • Similarly, he once wrote, in the field of mental health the word “normal” “uses a power as old as Aristotle to bridge the fact/value distinction, whispering in your ear that what is normal is also right.”
  • In his influential writings about autism, Professor Hacking charted the evolution of the diagnosis and its profound effects on those diagnosed, which in turn broadened the definition to include a greater number of people.
  • Encouraging children with autism to think of themselves that way “can separate the child from ‘normalcy’ in a way that is not appropriate,” he told Public Culture. “By all means encourage the oddities. By no means criticize the oddities.”
  • His emphasis on historical context also illuminated what he called transient mental illnesses, which appear to be so confined 0cto their time 0c 0cthat they can vanish when times change.
  • “hysterical fugue” was a short-lived epidemic of compulsive wandering that emerged in Europe in the 1880s, largely among middle-class men who had become transfixed by stories of exotic locales and the lure of trave
  • His intellectual tendencies were unmistakable from an early age. “When he was 3 or 4 years old, he would sit and read the dictionary,” Jane Hacking said. “His parents were completely baffled.”
  • He wondered aloud, the interviewer noted, if the whole universe was governed by nonlocality — if “everything in the universe is aware of everything else.”“That’s what you should be writing about,” he said. “Not me. I’m a dilettante. My governing word is ‘curiosity.’”
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