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Javier E

Charleston's Museums Finally Chronicle History of Slavery - NYTimes.com - 0 views

  • At the beginning of the 20th century, in fact, the field was dominated by Southern historians who gave the institution of slavery a paternalistic veneer. It was only in the 1930s that the historian Frederic Bancroft began piecing together the evidence showing just how important the domestic slave trade was. And that meant, to put it mildly, that slave families and owner loyalties were far less secure than previously portrayed.
Javier E

The Conservative Revolutionary | Via Meadia - 0 views

  • Modern history teaches two great lessons about revolution: that revolutions are inevitable, and that a large majority of revolutions either fail or go bad.  Americans almost instinctively look at revolutions in terms of our own past: the 1688 Glorious Revolution that made Parliament more powerful than the King in  England, and the American Revolution that led in relatively short order to the establishment of a stable and constitutional government.
  • Most revolutions don’t work like this at all.  Many of them fail, with the old despots crushing dissent or making only cosmetic changes to the old system.  (This happened in Austria in 1848 and something very like it may be happening in Egypt today.)  Others move into radicalism, terror and mob rule before a new despot comes along to bring order — at least until the next futile and bloody revolutionary spasm.  That was France’s history for almost 100 years after the storming of the Bastille.  China, Russia and Iran all saw revolutions like this in the 20th century.
  • the countries that had ‘velvet’ revolutions shared a number of important characteristics.  They had or longed to have close political and cultural ties to the West.  They wanted to join NATO and the EU, and had a reasonable confidence of doing so sooner rather than later.  They could expect enormous amounts of aid and foreign direct investment if they continued along the path of democratic reform.  They lay on the ‘western’ side of the ancient division of Europe between the Orthodox east and the Catholic/Protestant homeland of the modern liberal tradition.
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  • If realists ignore the inevitability of revolution, idealists close their eyes to the problems of revolutionary upheavals in societies that have difficult histories, deep social divisions, and poor short term economic prospects.  Unfortunately the countries most likely to experience revolutions are usually the countries that lack the preconditions for Anglo-American style relatively peaceful revolutions that end with the establishment of stable constitutional order.  If things were going well in those countries, they would not be having revolutions.
  • The difficulty American policymakers have in coming to grips with the recurring phenomenon of foreign revolutions is rooted in America’s paradoxical world role.  We are not just the world’s leading revolutionary nation; we are also the chief custodian of the international status quo.  We are upholding the existing balance of power and the international system of finance and trade with one hand, but the American agenda in the world ultimately aims to transform rather than to defend.
  • Revolutionary powers have a tougher job; building the future is harder work than holding on to the past.  This is particularly true in the American case; the global transformation we seek is unparalleled for depth, complexity and scale.
  • We are not sure how this revolutionary transformation works.  We know that it involves liberal political change: governments of law rather than of men and legitimacy derived from the consent of the governed as measured in regular and free elections.  We also know that involves intellectual and social change: traditional religious ideas must make room for the equality of the sexes and the rights of religious minorities.  Property rights must be rooted in law and protected by an independent judicial system.  While governments have a role in the economy, the mechanisms of the market must ultimately be allowed to work their way.
  • We are trying to carry out a vast reordering of global society even as we preserve the stability of the international political order: we are trying to walk blindfolded on a tightrope across Niagara Falls — while changing our clothes.
  • the United States has been doing two things for more than 200 years: getting foreign revolutions wrong, but somehow still pushing its global revolution forward.  America’s success as a conservative revolutionary power on a global scale depends less on the clever policies of our presidents and our secretaries of state, and more on the creativity and dynamism of American society as a whole.
Javier E

Book Review - Bismarck - By Jonathan Steinberg - NYTimes.com - 0 views

  • with a few brusque strokes, the novice minister solved the riddle that had stymied European diplomacy for two generations: how to unify Germany and reorganize Central Europe. He had to overcome the obstacle that Germany comprised 39 sovereign states grouped in the so-called German Confederation. All the while, Central European trends were warily observed by the two “flanking” powers, France and Russia, ever uneasy about — and tempted to prevent — the emergence of a state capable of altering the existing European balance of power.
  • “the greatest diplomatic and political achievement by any leader in the last two centuries.”
  • a highly complex person who incarnated the duality that later tempted Germany into efforts beyond its capacity
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  • Bismarck is often cited as the quintessential realist, relying on power at the expense of ideals. He was, in fact, far more complicated. Power, to be useful, must be understood in its components, including its limits. By the same token, ideals must be brought, at some point, into relationship with the circumstances the leader is seeking to affect. Ignoring that balance threatens policy with either veering toward belligerence from the advocates of power or toward crusades by the idealists.
  • Bismarck dominated because he understood a wider range of factors relevant to international affairs — some normally identified with power, others generally classified as ideals — than any of his contemporaries.
  • Bismarck’s originality consisted of being neither in the camp of power nor in that of ideology.
  • Like a physicist, Bismarck analyzed the principal elements of each situation and then used them in an overall design.
  • Any serious policy requires a fixed point from which to alter the world. Bismarck’s Archimedean point was the belief in the uniqueness of Prussian institutions.
  • Bismarck foreshadowed an age whose equilibrium was an ever-changing interaction of forces, themselves in constant flux,
  • Like Disraeli, he believed that a broadly based suffrage would be nationalistic and could be mobilized for conservative causes.
  • The result, however, sowed the seeds of Germany’s 20th-century tragedies. Dominated as it was by what Steinberg calls “the sovereignty of an extraordinary, gigantic self,” the new Germany lacked institutional balance.
  • for the 28 years that he served as chancellor of Germany, Bismarck preserved what he had built by a restrained and wise diplomacy, which was the single most important element in maintaining the peace of Europe.
  • When he acted as a revolutionary as minister-president of Prussia, Bismarck could control the timing of policy. In his years as chancellor of Germany and as protector of what existed, others posed the challenges. Bismarck had to await events. In a sense, he became the prisoner of his own design and of its domestic necessities (to which, for example, he had to sacrifice his reluctance to enter the colonial race).
  • Bismarck’s successor, Caprivi, pointed out the essential weakness of the Bismarckian system by saying that while Bismarck had been able to keep five balls in the air simultaneously, he (Caprivi) had difficulty controlling two.
  • The second caveat concerns the direct line Steinberg draws from Bismarck to Hitler. Bismarck was a rationalist, Hitler a romantic nihilist. Bismarck’s essence was his sense of limits and equilibrium; Hitler’s was the absence of measure and rejection of restraint. The idea of conquering Europe would never have come to Bismarck; it was always part of Hitler’s vision. Hitler could never have pronounced Bismarck’s famous dictum that statesmanship consisted of listening carefully to the footsteps of God through history and walking with him a few steps of the way. Hitler left a vacuum. Bismarck left a state strong enough to overcome two catastrophic defeats as well as a legacy of unassimilable greatness.
Javier E

Robert W. Fogel Investigates Human Evolution - NYTimes.com - 0 views

  • the basic argument is rather simple: that the health and nutrition of pregnant mothers and their children contribute to the strength and longevity of the next generation. If babies are deprived of sufficient nutrition in the womb and early in life, they will be more fragile and more vulnerable to diseases later on. These weakened adults will, in turn, produce weaker offspring in a self-reinforcing spiral.
  • Technology rescued humankind from centuries of physical maladies and malnutrition, Mr. Fogel argues. Before the 19th century, most people were caught in an endless cycle of subsistence farming. A colonial-era farmer, for example, worked about 78 hours during a five-and-a-half-day week. People needed more food to grow and gain strength, but they were unable to produce more food without being stronger.
  • “In many parts of the world, including the United States in the 20th century, medical advances appear to be at least as important as improvements in nutritional intake,”
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  • the Harvard School of Public Health published a paper that used the height of women in 54 low- and middle-income countries to indicate how children in Africa, Latin America, Asia and the Middle East were faring. (The answer was not good: height had stayed the same or declined, particularly in Africa, suggesting that living conditions and disease controls for children have deteriorated.)
  • If food production is the most important factor, then focusing on economic growth might be the best policy, but if infectious disease is a major reason for chronic illness and premature death, then more aggressive public health measures might also be needed.
  • historians have not paid enough attention to changes in height (as a useful measure of nutrition and disease) or in lifespan. History textbooks, she complained, almost completely ignore the topic.
Javier E

A Strategy for National Security, Focused on Sustainability - NYTimes.com - 1 views

  • “We must recognize that security means more than defense,” they write. After ending the 20th century as the world’s most powerful country, “we failed to recognize that dominance, like fossil fuel, is not a sustainable form of energy.”
  • In their paper, the officers argue that the United States has to move from “containment” — the foreign policy established after World War II to limit the expansion and influence of the Soviet Union — to what they call “sustainment” or sustainability.
  • The first priority, they write, should be “intellectual capital and a sustainable infrastructure of education, health and social services to provide for the continuing development and growth of America’s youth.”
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  • the country’s security may require “a hard look at the distribution of our treasure,” arguing that the historic focus on defense and protectionism has meant the neglect of international development and diplomacy. And with technology piercing the isolation of nations, they write that the United States has a stake in helping countries held down by illiteracy and poverty.
  • the country must face the demands for water, food, land and energy.
Javier E

Discoveries Challenge Beliefs on Humans' Arrival in the Americas - NYTimes.com - 0 views

  • Researchers here say they have unearthed stone tools proving that humans reached what is now northeast Brazil as early as 22,000 years ago. Their discovery adds to the growing body of research upending a prevailing belief of 20th-century archaeology in the United States known as the Clovis model, which holds that people first arrived in the Americas from Asia about 13,000 years ago.
  • Paleontologists in Uruguay published findings in November suggesting that humans hunted giant sloths there about 30,000 years ago. All the way in southern Chile, Tom D. Dillehay, an anthropologist at Vanderbilt University, has shown that humans lived at a coastal site called Monte Verde as early as 14,800 years ago.
  • Dr. Guidon, the Brazilian archaeologist who pioneered the excavations, asserted more than two decades ago that her team had found evidence in the form of charcoal from hearth fires that humans had lived here about 48,000 years ago.
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  • the Clovis model was recently bolstered by new DNA analysis ancestrally connecting indigenous peoples in Central and South America to a boy from the Clovis culture whose 12,700-year-old remains were found in 1968 at a site in Montana.
  • she said she believed that humans had reached these plateaus even earlier, around 100,000 years ago, and might have come not overland from Asia but by boat from Africa.
  • Professor Boëda, who succeeded Dr. Guidon in leading the excavations, said that such early dates may have been possible but that more research was needed. His team is using thermoluminescence, a technique that measures the exposure of sediments to sunlight, to determine their age.
  • In what may be another blow to the Clovis model of humans’ coming from northeast Asia, molecular geneticists showed last year that the Botocudo indigenous people living in southeastern Brazil in the late 1800s shared gene sequences commonly found among Pacific Islanders from Polynesia.
  • How could Polynesians have made it to Brazil? Or aboriginal Australians? Or, if the archaeologists here are correct, how could a population arrive in this hinterland long before Clovis hunters began appearing in the Americas? The array of new discoveries has scholars on a quest for answers.
  • But he added that if the results obtained here in Serra da Capivara are accurate, they will raise even more questions about how the Americas were settled.“If so, then whoever lived there never passed on their genetic material to living populations,” said Dr. Waters, explaining how the genetic history of indigenous peoples links them to the Clovis child found in Montana. “We must think long and hard about these early sites and how they fit into the picture of the peopling of the Americas.”
Javier E

Twin Peaks Planet - NYTimes.com - 0 views

  • it is now obvious that income and wealth are more concentrated at the very top than they have been since the Gilded Age — and the trend shows no sign of letting up.
  • You really want to supplement Piketty-style analysis with a global view, and when you do, I’d argue, you get a better sense of the good, the bad and the potentially very ugly of the world we live in.
  • Income growth in emerging nations has produced huge gains in human welfare, lifting hundreds of millions of people out of desperate poverty and giving them a chance for a better life.
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  • income growth since the fall of the Berlin Wall has been a “twin peaks” story. Incomes have, of course, soared at the top, as the world’s elite becomes ever richer. But there have also been huge gains for what we might call the global middle — largely consisting of the rising middle classes of China and India.
  • the bad news: Between these twin peaks — the ever-richer global elite and the rising Chinese middle class — lies what we might call the valley of despond: Incomes have grown slowly, if at all, for people around the 20th percentile of the world income distribution. Who are these people? Basically, the advanced-country working classes.
  • the travails of workers in rich countries are, in important ways, the flip side of the gains above and below them.
  • Competition from emerging-economy exports has surely been a factor depressing wages in wealthier nations, although probably not the dominant force.
  • More important, soaring incomes at the top were achieved, in large part, by squeezing those below: by cutting wages, slashing benefits, crushing unions, and diverting a rising share of national resources to financial wheeling and dealing.
  • more important still, the wealthy exert a vastly disproportionate effect on policy. And elite priorities — obsessive concern with budget deficits, with the supposed need to slash social programs — have done a lot to deepen the valley of despond.
  • The problem with these conventional leaders, I’d argue, is that they’re afraid to challenge elite priorities, in particular the obsession with budget deficits, for fear of being considered irresponsible
  • who speaks for those left behind in this twin-peaked world? You might have expected conventional parties of the left to take a populist stance on behalf of their domestic working classes. But mostly what you get instead — from leaders ranging from François Hollande of France to Ed Milliband of Britain to, yes, President Obama — is awkward mumbling.
  • All of this suggests some uncomfortable historical analogies. Remember, this is the second time we’ve had a global financial crisis followed by a prolonged worldwide slump. Then, as now, any effective response to the crisis was blocked by elite demands for balanced budgets and stable currencies. And the eventual result was to deliver power into the hands of people who were, shall we say, not very nice.
  • political and opinion leaders need to face up to the reality that our current global setup isn’t working for everyone. It’s great for the elite and has done a lot of good for emerging nations, but that valley of despond is very real. And bad things will happen if we don’t do something about it.
Javier E

'Empire of Cotton,' by Sven Beckert - NYTimes.com - 0 views

  • The history of an era often seems defined by a particular commodity.
  • The 18th century certainly belonged to sugar. The race to cultivate it in the West Indies was, in the words of the French Enlightenment writer Guillaume-Thomas de Raynal, “the principal cause of the rapid movement which stirs the Universe.”
  • Today some 350 million people are involved in growing, transporting, weaving, stitching or otherwise processing the fibers of this plant.
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  • Harvard historian Sven Beckert makes the case that in the 19th century what most stirred the universe was cotton.
  • In the 20th century and beyond, the commodity has been oil: determining events from the Allied partitioning of the Middle East after World War I to Hitler’s drive for Balkan and Caspian wells to the forging of our own fateful ties to the regimes of the Persian Gulf.
  • the slave plantations that spread across the American South, a form of outsourcing before the word was invented. These showed that cotton could be lucratively cultivated in bulk for consumers as far afield as another continent, and that realization turned the world upside down. Without slavery, he says, there would have been no Industrial Revolution.
  • Beckert’s most significant contribution is to show how every stage of the industrialization of cotton rested on violence.
  • Then planters discovered that climate and rainfall made the Deep South better cotton territory than the border states. Nearly a million American slaves were forcibly moved to Georgia, Mississippi and elsewhere, shattering many families in the process.
  • As soon as the profit potential of those Southern cotton fields became clear in the late 1780s, the transport of slaves across the Atlantic rapidly increased. Cotton cloth itself had become the most important merchandise European traders used to buy slaves in Africa.
  • The search for more good cotton-­growing soil in areas that today are such states as Texas, Arkansas, Kansas and Oklahoma was a powerful incentive to force Native Americans off their traditional lands and onto reservations, another form of violence by the “military-cotton complex.”
  • by 1850, two-thirds of American cotton was grown on land that had been taken over by the United States since the beginning of the century.
  • it was not only white Southerners who were responsible for the harsh regime of slave-grown cotton: merchants and bankers in the North and in Britain lent them money and were investors as well.
  • another major theme of “Empire of Cotton” is that, contrary to the myth of untrammeled free enterprise, this expanding industry was fueled at every stage by government intervention.
  • it was not just in the United States that planters’ thirst to sow large tracts with cotton pushed indigenous peoples and self-sufficient farmers off their land; colonial armies did the same thing in India, West Africa and elsewhere
  • Beckert practices what is known as global or world history: the study of events not limited to one country or continent.
  • From Denmark to Mexico to Russia, states lent large sums to early clothing manufacturers. Whether it was canals and railways in Europe or levees on the Mississippi, governments jumped in to build or finance the infrastructure that big cotton growers and mills demanded
  • Britain forced Egypt and other territories to lower or eliminate their import duties on British cotton.
  • he wants to use that commodity as a lens on the development of the modern world itself. This he divides into two overlapping phases: “war capitalism” for the stage when slavery and colonial conquest prepared the ground for the cotton industry, and “industrial capitalism” for the period when states intervened to protect and help the business in other ways
  • Today, a “giant race to the bottom” by an industry always looking for cheaper labor has shifted most cotton growing and the work of turning it into clothing back to Asia
  • violence in different forms is still all too present. In Uzbekistan, up to two million children under 15 are put to work harvesting cotton each year
  • In China, the Communist Party’s suppression of free trade unions keeps cotton workers’ wages down, just as British law in the early 1800s saw to it that men and women who abandoned their ill-paid jobs and ran away could be jailed for breach of contract.
  • in Bangladesh, the more than 1,100 people killed in the notorious collapse of the Rana Plaza building in 2013 were mostly female clothing workers, whose employers were as careless about their safety as those who enforced 14- or 16-hour workdays in German and Spanish weaving mills a century before
Javier E

The Real Story of How America Became an Economic Superpower - The Atlantic - 0 views

  • a new history of the 20th century: the American century, which according to Tooze began not in 1945 but in 1916, the year U.S. output overtook that of the entire British empire.
  • The two books narrate the arc of American economic supremacy from its beginning to its apogee. It is both ominous and fitting that the second volume of the story was published in 2014, the year in which—at least by one economic measure—that supremacy came to an end.
  • “Britain has the earth, and Germany wants it.” Such was Woodrow Wilson’s analysis of the First World War in the summer of 1916,
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  • what about the United States? Before the 1914 war, the great economic potential of the U.S. was suppressed by its ineffective political system, dysfunctional financial system, and uniquely violent racial and labor conflicts. “America was a byword for urban graft, mismanagement and greed-fuelled politics, as much as for growth, production, and profit,”
  • as World War I entered its third year—and the first year of Tooze’s story—the balance of power was visibly tilting from Europe to America. The belligerents could no longer sustain the costs of offensive war. Cut off from world trade, Germany hunkered into a defensive siege, concentrating its attacks on weak enemies like Romania. The Western allies, and especially Britain, outfitted their forces by placing larger and larger war orders with the United States
  • His Wilson is no dreamy idealist. The president’s animating idea was an American exceptionalism of a now-familiar but then-startling kind.
  • That staggering quantity of Allied purchases called forth something like a war mobilization in the United States. American factories switched from civilian to military production; American farmers planted food and fiber to feed and clothe the combatants of Europe
  • But unlike in 1940-41, the decision to commit so much to one side’s victory in a European war was not a political decision by the U.S. government. Quite the contrary: President Wilson wished to stay out of the war entirely. He famously preferred a “peace without victory.” The trouble was that by 1916, the U.S. commitment to Britain and France had grown—to borrow a phrase from the future—too big to fail.
  • His Republican opponents—men like Theodore Roosevelt, Henry Cabot Lodge, and Elihu Root—wished to see America take its place among the powers of the earth. They wanted a navy, an army, a central bank, and all the other instrumentalities of power possessed by Britain, France, and Germany. These political rivals are commonly derided as “isolationists” because they mistrusted the Wilson’s League of Nations project. That’s a big mistake. They doubted the League because they feared it would encroach on American sovereignty.
  • Grant presents this story as a laissez-faire triumph. Wartime inflation was halted. Borrowing and spending gave way to saving and investing. Recovery then occurred naturally, without any need for government stimulus. “The hero of my narrative is the price mechanism, Adam Smith’s invisible hand,
  • It was Wilson who wished to remain aloof from the Entente, who feared that too close an association with Britain and France would limit American options.
  • Wilson was guided by a different vision: Rather than join the struggle of imperial rivalries, the United States could use its emerging power to suppress those rivalries altogether. Wilson was the first American statesman to perceive that the United States had grown, in Tooze’s words, into “a power unlike any other. It had emerged, quite suddenly, as a novel kind of ‘super-state,’ exercising a veto over the financial and security concerns of the other major states of the world.”
  • Wilson hoped to deploy this emerging super-power to enforce an enduring peace. His own mistakes and those of his successors doomed the project,
  • What went wrong? “When all is said and done,” Tooze writes, “the answer must be sought in the failure of the United States to cooperate with the efforts of the French, British, Germans and the Japanese [leaders of the early 1920s] to stabilize a viable world economy and to establish new institutions of collective security. … Given the violence they had already experienced and the risk of even greater future devastation, France, Germany, Japan, and Britain could all see this. But what was no less obvious was that only the US could anchor such a new order.”
  • And that was what Americans of the 1920s and 1930s declined to do—because doing so implied too much change at home for them: “At the hub of the rapidly evolving, American-centered world system there was a polity wedded to a conservative vision of its own future.”
  • The Forgotten Depression is a polemic embedded within a narrative, an argument against the Obama stimulus joined to an account of the depression of 1920-21. As Grant correctly observes, that depression was one of the sharpest and most painful in American history.
  • Then, after 18 months of extremely hard times, the economy lurched into recovery. By 1923, the U.S. had returned to full employment.
  • “By the end of 1916, American investors had wagered two billion dollars on an Entente victory,” computes Tooze (relative to America’s estimated GDP of $50 billion in 1916, the equivalent of $560 billion in today’s money).
  • the central assumption of his version of events is the same one captured in Rothbard’s title half a century ago: that America’s economic history constitutes a story unto itself.
  • Americans, meanwhile, were preoccupied with the problem of German recovery. How could Germany achieve political stability if it had to pay so much to France and Belgium? The Americans pressed the French to relent when it came to Germany, but insisted that their own claims be paid in full by both France and Britain.
  • Germany, for its part, could only pay if it could export, and especially to the world’s biggest and richest consumer market, the United States. The depression of 1920 killed those export hopes. Most immediately, the economic crisis sliced American consumer demand precisely when Europe needed it most.
  • But the gravest harm done by the depression to postwar recovery lasted long past 1921. To appreciate that, you have to understand the reasons why U.S. monetary authorities plunged the country into depression in 1920.
  • Monetary authorities, worried that inflation would revive and accelerate, made the fateful decision to slam the credit brakes, hard. Unlike the 1918 recession, that of 1920 was deliberately engineered. There was nothing invisible about it. Nor did the depression “cure itself.” U.S. officials cut interest rates and relaxed credit, and the economy predictably recovered
  • But 1920-21 was an inflation-stopper with a difference. In post-World War II America, anti-inflationists have been content to stop prices from rising. In 1920-21, monetary authorities actually sought to drive prices back to their pre-war levels
  • James Grant hails this accomplishment. Adam Tooze forces us to reckon with its consequences for the rest of the planet.
  • When the U.S. opted for massive deflation, it thrust upon every country that wished to return to the gold standard (and what respectable country would not?) an agonizing dilemma. Return to gold at 1913 values, and you would have to match U.S. deflation with an even steeper deflation of your own, accepting increased unemployment along the way. Alternatively, you could re-peg your currency to gold at a diminished rate. But that amounted to an admission that your money had permanently lost value—and that your own people, who had trusted their government with loans in local money, would receive a weaker return on their bonds than American creditors who had lent in dollars.
  • Britain chose the former course; pretty much everybody else chose the latter.
  • The consequences of these choices fill much of the second half of The Deluge. For Europeans, they were uniformly grim, and worse.
  • But one important effect ultimately rebounded on Americans. America’s determination to restore a dollar “as good as gold” not only imposed terrible hardship on war-ravaged Europe, it also threatened to flood American markets with low-cost European imports. The flip side of the Lost Generation enjoying cheap European travel with their strong dollars was German steelmakers and shipyards underpricing their American competitors with weak marks.
  • American leaders of the 1920s weren’t willing to accept this outcome. In 1921 and 1923, they raised tariffs, terminating a brief experiment with freer trade undertaken after the election of 1912. The world owed the United States billions of dollars, but the world was going to have to find another way of earning that money than selling goods to the United States.
  • Between 1924 and 1930, world financial flows could be simplified into a daisy chain of debt. Germans borrowed from Americans, and used the proceeds to pay reparations to the Belgians and French. The French and Belgians, in turn, repaid war debts to the British and Americans. The British then used their French and Italian debt payments to repay the United States, who set the whole crazy contraption in motion again. Everybody could see the system was crazy. Only the United States could fix it. It never did.
  • The reckless desperation of Hitler’s war provides context for the horrific crimes of his regime. Hitler’s empire could not feed itself, so his invasion plan for the Soviet Union contemplated the death by starvation of 20 to 30 million Soviet urban dwellers after the invaders stole all foodstuffs for their own use. Germany lacked workers, so it plundered the labor of its conquered peoples. By 1944, foreigners constituted 20 percent of the German workforce and 33 percent of armaments workers
  • “If man accumulates enough combustible material, God will provide the spark.” So it happened in 1929. The Deluge that had inundated the rest of the developed world roared back upon the United States.
  • From the start, the United States was Hitler’s ultimate target. “In seeking to explain the urgency of Hitler’s aggression, historians have underestimated his acute awareness of the threat posed to Germany, along with the rest of the European powers, by the emergence of the United States as the dominant global superpower,” Tooze writes. “The originality of National Socialism was that, rather than meekly accepting a place for Germany within a global economic order dominated by the affluent English-speaking countries, Hitler sought to mobilize the pent-up frustrations of his population to mount an epic challenge to this order.”
  • Germany was a weaker and poorer country in 1939 than it had been in 1914. Compared with Britain, let alone the United States, it lacked the basic elements of modernity: There were just 486,000 automobiles in Germany in 1932, and one-quarter of all Germans still worked as farmers as of 1925. Yet this backward land, with an income per capita comparable to contemporary “South Africa, Iran and Tunisia,” wagered on a second world war even more audacious than the first.
  • That way was found: more debt, especially more German debt. The 1923 hyper-inflation that wiped out Germany’s savers also tidied up the country’s balance sheet. Post-inflation Germany looked like a very creditworthy borrower.
  • On paper, the Nazi empire of 1942 represented a substantial economic bloc. But pillage and slavery are not workable bases for an industrial economy. Under German rule, the output of conquered Europe collapsed. The Hitlerian vision of a united German-led Eurasia equaling the Anglo-American bloc proved a crazed and genocidal fantasy.
  • The foundation of this order was America’s rise to unique economic predominance a century ago. That predominance is now coming to an end as China does what the Soviet Union and Imperial Germany never could: rise toward economic parity with the United States.
  • t is coming, and when it does, the fundamental basis of world-power politics over the past 100 years will have been removed. Just how big and dangerous a change that will be is the deepest theme of Adam Tooze's profound and brilliant grand narrative
jlessner

Charlie Hebdo Attack Chills Satirists and Prompts a Debate - NYTimes.com - 0 views

  • The killing of a dozen people in Wednesday’s attack on the French satirical newspaper Charlie Hebdo has prompted an outpouring of tributes from cartoonists around the world, who have flooded the Internet with images ranging from the elegiac to the scabrously rude.
  • But amid all the “I Am Charlie” marches and declarations on social media, some in the cartooning world are also debating a delicate question: Were the victims free-speech martyrs, full stop, or provocateurs whose aggressive mockery of Islam sometimes amounted to xenophobia and racism?
  • uch debates unfold differently in different countries. But the conversation could be especially acute in the United States, where sensitivities to racially tinged caricatures may run higher than in places like France, where historically tighter restrictions on speech have given rise to a strong desire to flout the rules.
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  • But it wasn’t just the powerful who felt the sting of cartoonist’s pens. In 19th-century Europe and America, minority groups who felt maligned, like Jews or Irish-Americans, also lodged frequent complaints against what they saw as stereotypes, only to be largely ignored.
  • Continuing censorship battles in the 20th century gave rise to underground comics, with their nothing-is-sacred sensibility. And Charlie Hebdo, which arose in the wake of the 1960s battles over France’s then-restrictive speech laws, did outré political satire better than just about anyone, the cartoonist Art Spiegelman said.
  • When it reprinted the Danish cartoons mocking the prophet Muhammad in 2006, “they were the only magazine to do it for absolutely the right reasons,” Mr. Spiegelman said. “The others that published the cartoons were baiting Muslims, but for them it was part of their self-perceived mission to be provocative, to provoke thought.”
  • But not everyone in the comics world has taken such an admiring view. Mr. Spurgeon of The Comics Reporter said that when he posted some of what he called Charlie Hebdo’s “ugly, racist” covers in a show of solidarity on Wednesday, he got a number of emails from cartoonists challenging the decision.
  • “Some people questioned such work as simply cruelty hiding behind the idea of free speech,” Mr. Spurgeon said.
  • “In the face of a really horrible attack on free speech, it’s important that we don’t blindly disseminate super-racist material,” he said in an interview, referring to some colleagues’ decisions to repost some of Charlie Hebdo’s particularly extreme cartoons.
Javier E

The End of Pluralism - Shadi Hamid - The Atlantic - 2 views

  • From Libya to Palestine to parts of the Egyptian Sinai, armed—and increasingly hard-line—Islamist groups are making significant inroads. This is the Arab world’s Salafi-Jihadi moment.
  • In Libya and Syria, even non-Salafi groups like the Brotherhood are adapting to the new world of anti-politics, allying themselves with local armed groups or working to form their own militias.
  • This is one of the great tragedies of the past few years—that a movement meant to demonstrate that peaceful protest could work ultimately demonstrated the opposite.
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  • emphasizing the religious aspects of violence can easily devolve into cultural essentialism: the belief that “ancient hatreds” drive modern conflicts. It’s a view most commonly associated with Robert Kaplan’s Balkan Ghosts
  • “Here men have been doomed to hate,” he writes. The word “doomed” suggests the kind of resigned pessimism that, two decades later, characterizes Washington hand-wringing in response to the manifest failures of the Arab Spring. According to this view, we can never hope to understand the Middle East, with all of its sectarian complexity and sheer religious passion
  • this is what makes Egypt’s conflict so frightening: It is not between sects but within one sect. In Syria or Lebanon, the lines are clear for those who insist on seeing them: Sunnis are Sunnis and Shiites are Shiites. In Egypt, however, it’s never entirely clear who is “Islamist” and who is “secular,” to say nothing of the many shades in between. Because their numbers can’t be defined, each side claims the vast majority of Egyptians as their own. The conflict, then, isn’t between fixed identities but rather fluid ideas of what the state is and what it should be.
  • The word “Islamists,” or Islamiyoun in Arabic, did not exist centuries ago, not because Muslims didn’t believe that Islamic law should play a central role in politics, but because it went without saying.
  • slamism, as a distinctive construct, only made sense in opposition to something else—and that something else was secularism, which grew in influence during the late 19th and early 20th centuries. Islam was no longer just a way of being; in the face of Western dominance, it became a political theology of authenticity and resistance and a spiritual alternative to liberal-secular democracy.
  • The default to inaction in the face of a complex region we cannot hope to understand, and when our “vital” interests do not seem to be engaged, is one response. Implicit here, and explicit in Bacevich’s account, is the notion that military action is distinctly unsuited for conflicts in which primeval divides predominate, and that America’s reliance on the use of force has only made matters worse.
Javier E

Will You Lose Your Job to a Robot? Silicon Valley Is Split - NYTimes.com - 0 views

  • The question for Silicon Valley is whether we’re heading toward a robot-led coup or a leisure-filled utopia.
  • nterviews with 2,551 people who make, research and analyze new technology. Most agreed that robotics and artificial intelligence would transform daily life by 2025, but respondents were almost evenly split about what that might mean for the economy and employment.
  • techno-optimists. They believe that even though machines will displace many jobs in a decade, technology and human ingenuity will produce many more, as happened after the agricultural and industrial revolutions. The meaning of “job” might change, too, if people find themselves with hours of free time because the mundane tasks that fill our days are automated.
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  • The other half agree that some jobs will disappear, but they are not convinced that new ones will take their place, even for some highly skilled workers. They fear a future of widespread unemployment, deep inequality and violent uprisings — particularly if policy makers and educational institutions don’t step in.
  • We’re going to have to come to grips with a long-term employment crisis and the fact that — strictly from an economic point of view, not a moral point of view — there are more and more ‘surplus humans.'  ”
  • “The degree of integration of A.I. into daily life will depend very much, as it does now, on wealth. The people whose personal digital devices are day-trading for them, and doing the grocery shopping and sending greeting cards on their behalf, are people who are living a different life than those who are worried about missing a day at one of their three jobs due to being sick, and losing the job and being unable to feed their children.”
  • “Only the best-educated humans will compete with machines. And education systems in the U.S. and much of the rest of the world are still sitting students in rows and columns, teaching them to keep quiet and memorize what is told to them, preparing them for life in a 20th century factory.”
  • “We hardly dwell on the fact that someone trying to pick a career path that is not likely to be automated will have a very hard time making that choice. X-ray technician? Outsourced already, and automation in progress. The race between automation and human work is won by automation.”
  • “Robotic sex partners will be commonplace. … The central question of 2025 will be: What are people for in a world that does not need their labor, and where only a minority are needed to guide the ‘bot-based economy?'  ”
  • “Employment will be mostly very skilled labor — and even those jobs will be continuously whittled away by increasingly sophisticated machines. Live, human salespeople, nurses, doctors, actors will be symbols of luxury, the silk of human interaction as opposed to the polyester of simulated human contact.”
  • The biggest exception will be jobs that depend upon empathy as a core capacity — schoolteacher, personal service worker, nurse. These jobs are often those traditionally performed by women. One of the bigger social questions of the mid-late 2020s will be the role of men in this world.”
Javier E

So Bill Gates Has This Idea for a History Class ... - NYTimes.com - 0 views

  • Last month, the University of California system announced that a version of the Big History Project course could be counted in place of a more traditional World History class, paving the way for the state’s 1,300 high schools to offer it.
  • “We didn’t know when the last time was that somebody introduced a new course into high school,” Gates told me. “How does one go about it? What did the guy who liked biology — who did he call and say, ‘Hey, we should have biology in high school?’ It was pretty uncharted territory. But it was pretty cool.”
  • The American high school experience, at least as we now know it, is a relatively recent invention. Attendance did not start to become mandatory until the 1850s, and the notion of a nationwide standardized curriculum didn’t emerge until the turn of the century. But by the early 1900s, most children were taking the same list of classes that remains recognizable to this day: English, math, science and some form of history. For much of the 20th century, this last requirement would usually take the form of Western Civilization, a survey course that focused on European countries from around the rise of Rome through modernity.
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  • “I remember the chain of thought,” he said. “I had to do prehistory, so I have to do some archaeology. But to do it seriously, I’m going to talk about how humans evolved, so, yikes, I’m in biology now. I thought: To do it seriously, I have to talk about how mammals evolved, how primates evolved. I have to go back to multicelled organisms, I have to go back to primeval slime. And then I thought: I have to talk about how life was created, how life appeared on earth! I have to talk geology, the history of the planet. And so you can see, this is pushing me back and back and back, until I realized there’s a stopping point — which is the Big Bang.” He paused. “I thought, Boy, would that be exciting to teach a course like this!”
  • In the wake of McNeill’s rebuke, Western Civ was slowly replaced by World History, a more comparative class that stressed broad themes across cultures and disciplines. Over the past 30 years, World History has produced its own formidable academic institutions and journals; these days, three-quarters of all American students take World History
  • by the early ‘70s, as the Vietnam War heightened interest in nations outside Europe, Western Civ was on the decline. In pedagogical circles, a book called “The Rise of the West: A History of the Human Community,” by William Hardy McNeill, a historian at the University of Chicago, persuasively argued that Western Civ was not merely biased against other cultures but also failed to account for the enormous influence that cultures had on one another over the millenniums.
  • Gates has insisted on tracking this venture as he would any Microsoft product or foundation project. The Big History Project produces reams of data — students and teachers are regularly surveyed, and teachers submit the results from classes, all of which allows his team to track what’s working and what isn’t as the course grows. “Our priority,” he told me from across the table, “was to get it into a form where ambitious teachers could latch onto it.”
  • They have monitored teacher feedback closely and decreased the course in size, from 20 units to 10. True to Christian’s original style, however, the high-school course links insights across subjects into wildly ambitious narratives. The units begin with the Big Bang and shift to lesson plans on the solar system, trade and communications, globalization and, finally, the future. A class on the emergence of life might start with photosynthesis before moving on to eukaryotes and multicellular organisms and the genius of Charles Darwin and James Watson. A lecture on the slave trade might include the history of coffee beans in Ethiopia.
  • “Most kids experience school as one damn course after another; there’s nothing to build connections between the courses that they take,” says Bob Bain, a professor of history and education at the University of Michigan and an adviser to the Big History Project, who has helped devise much of the curriculum. “The average kid has no way to make sense between what happens with their first-period World History class and their second-period algebra class, third-period gym class, fourth-period literature — it’s all disconnected. It’s like if I were to give you a jigsaw puzzle and throw 500 pieces on the table and say, ‘Oh, by the way, I’m not going to show you the box top as to how they fit together.’ ”
  • Christian, who is 67, now travels the world as something of an evangelist for the spread of the Big History Project. (His TED Talk, “The History of Our World in 18 Minutes,” has been viewed more than four million times online.)
  • Few schools had teachers who were willing or able to instruct a hybrid course; some schools wound up requiring that two teachers lead the class together. Gates, who had hoped to avoid bureaucracy, found himself mired in it. “You’ve got to get a teacher in the history department and the science department — they have to be very serious about it, and they have to get their administrative staff to agree. And then you have to get it on the course schedule so kids can sign up,” he said. “So they have to decide, kind of in the spring or earlier, and those teachers have to spend a lot of that summer getting themselves ready for the thing.”
  • Perhaps the largest challenge facing the Big History Project, however, is Gates himself, or at least the specter of him. To his bafflement and frustration, he has become a remarkably polarizing figure in the education world. This owes largely to the fact that Gates, through his foundation, has spent more than $200 million to advocate for the Common Core, something of a third rail in education circles
  • Diane Ravitch, an education historian at New York University who has been a vocal critic of Gates, put even it more starkly: “When I think about history, I think about different perspectives, clashing points of view. I wonder how Bill Gates would treat the robber barons. I wonder how Bill Gates would deal with issues of extremes of wealth and poverty.”
  • “It begins to be a question of: Is this Bill Gates’s history? And should it be labeled ‘Bill Gates’s History’? Because Bill Gates’s history would be very different from somebody else’s who wasn’t worth $50-60 billion.”
  • perhaps, Big History might even become a successor to Western Civ and World History.
  • he also noted that Big History — which is already being offered in South Korea, the Netherlands and, of course, Australia — had significant global potential.
  • Sam Wineburg, a professor of education and history at Stanford, told me that although he sees Big History as “an important intellectual movement,” he did not consider the class to be a suitable replacement for an actual history course. “At certain points, it becomes less history and more of a kind of evolutionary biology or quantum physics. It loses the compelling aspect that is at the heart of the word ‘history.’ ”
  • Wineburg’s deepest concern about the approach was its failure to impart a methodology to students. “What is most pressing for American high-school students right now, in the history-social-studies curriculum, is: How do we read a text? How do we connect our ability to sharpen our intellectual capabilities when we’re evaluating sources and trying to understand human motivation?” he asked. “When we think about history, what are the primary sources of Big History? The original scientific reports of the Big Bang?”
  • Barr, the principal in Brooklyn, however, came to feel that Gates’s course was better than the existing alternative. “If you were to interview many, many progressive social-studies teachers, they would tell you that World History is a completely flawed course. It’s spotty. It’s like fact soup. Kids don’t come out of it really having a sense of global history,”
gaglianoj

2014 Was the Warmest Year Ever Recorded on Earth - NYTimes.com - 0 views

  • Last year was the hottest in earth’s recorded history, scientists reported on Friday, underscoring scientific warnings about the risks of runaway emissions and undermining claims by climate-change contrarians that global warming had somehow stopped.
  • Of the large inhabited land areas, only the eastern half of the United States recorded below-average temperatures in 2014
  • Several scientists said the most remarkable thing about the 2014 record was that it occurred in a year that did not feature El Niño, a large-scale weather pattern in which the ocean dumps an enormous amount of heat into the atmosphere.
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  • “Since the end of the 20th century, the temperature hasn’t done much,” Dr. Christy said. “It’s on this kind of warmish plateau.”
  • “It’s because the planet is warming. The basic issue is the long-term trend, and it is not going away.”
jongardner04

Socialist History of International Women's Day | Al Jazeera America - 0 views

  • Rights groups worldwide celebrate International Women’s Day (IWD) on Sunday, as they commemorate women’s achievements and call for equality. But for an event championed by international nongovernment organizations and major global corporations, it may surprise some that IWD was borne out of the U.S. socialist movement in the early 20th century.
  • In 1917, Russian women went on strike for “bread and peace” in protest of the deaths of more than 2 million Russian soldiers in the war, according to the U.N. They demanded the end of czarism and Russian food shortages. After the Russian Revolution, the day was declared a holiday in the Soviet Union. From there, it was primarily celebrated in communist countries such as China.
  •  
    Was important in the abdication of the Tsar 
qkirkpatrick

Russia: ramifications of capitalist restoration - 0 views

  • Economic and social turbulence in Russia are the ramifications of the breakup of the planned economy and capitalist restoration
  • s the last decade of the 20th century was about to begin, gigantic events shook the so-called ‘socialist world’.
  • Economic and social turbulence in Russia are the ramifications of the breakup of the planned economy and capitalist restoration.
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  • The fall of the Berlin Wall and the disintegration and collapse of the Soviet Union were not only mammoth earthquakes politically, but also provided the imperialists, capitalists and their toady journalists, politicians and intelligentsia ammunition to launch a ferocious ideological crusade against socialism, communism and Marxism across the planet.
  • The Russian masses have suffered enormously. However, the propaganda of the western media against Putin of human rights violations and suppression of the right to expression is as hypocritical as it is biased. The incumbent ruling elite in Russia, or the ‘oligarchy’, is in constant fights over the plunder of the country’s resources.
  • he painful experience of despotism and the excruciating blows of free market economics in the aftermath of the breakup of the Soviet Union has been a retrogressive process, pushing the consciousness of the workers and the youth backwards.
Emilio Ergueta

BBC News - What's the appeal of a caliphate? - 0 views

  • In June the leader of Islamic State declared the creation of a caliphate stretching across parts of Syria and Iraq - Abu Bakr al-Baghdadi named himself the caliph or leader. Edward Stourton examines the historical parallels and asks what is a caliphate, and what is its appeal?
  • The last caliphate - that of the Ottomans - was officially abolished 90 years ago this spring. Yet in a 2006 Gallup survey of Muslims living in Egypt, Morocco, Indonesia and Pakistan, two-thirds of respondents said they supported the goal of "unifying all Islamic countries" into a new caliphate
  • "Seventy years after the Prophet's death, this Muslim world stretched from Spain and Morocco right the way to Central Asia and to the southern bits of Pakistan, so a huge empire that was all… under the control of a single Muslim leader," says historian Prof Hugh Kennedy. "And it's this Muslim unity, the extent of Muslim sovereignty, that people above all look back to."
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  • The caliphate was finally extinguished by Kemal Ataturk, the father of modern Turkey, in 1924. He believed the abolition of the institution was essential to his campaign to turn what was left of the empire into a 20th Century secular nation state. The last Ottoman caliph was expelled from Istanbul to live out a life of cultured exile in Paris and on the Cote d'Azur.
  • n the early days of the Arab Spring, the revolutions in countries like Tunisia, Egypt and Libya were interpreted in Western capitals as evidence that the Muslim future lay with democracy. Then in Egypt came the overthrow of the democratically-elected Muslim Brotherhood government by the army under General Abdel Fatah al-Sisi - and then came the horrors of Islamic State amid the bloody chaos of civil strife in Syria and Iraq
  • Many classical Sunni scholars challenge the very notion that the caliphate is a political project. Sheikh Ruzwan Mohammed, for example, argues that the key to the caliphate is really spiritual. "I think the Islamic State should come from within," he says. "It should be an Islamic State first and foremost of mind and soul." And the overwhelming majority, even of those who do believe that a new caliphate is a realistic political objective, completely reject the violence espoused by the self-styled Islamic Stat
  • But IS has skilfully exploited the elements in the caliphate's history which best serve its purposes. The historian Hugh Kennedy has pointed out, for example, that their black uniforms and flags deliberately echo the black robes the Abbasids adopted as their court dress in the 8th Century, thus recalling Islam's Golden Age. And their original title - the Islamic State of Iraq and the Levant - harks back to the days when there was no national border between the two countries, because both territories were part of the great Islamic caliphate.
Grace Gannon

The Imminent Death of the Internet Troll - 0 views

  •  
    The Internet is full of cruel, hateful people who hide behind the disguise of fake usernames and profile pictures. While online harassment is to be expected in this modern time of technology and online interactions, human behavior has the power to change. A recent study, known as the Pew Study, suggests that there is hope for the future in regards to online harassment. Danielle Citron, law professor at the University of Maryland relates this to the incredible decrease in harassment of women in the work force from the mid 20th century to present day.
Javier E

The Dangerous Myth of Appomattox - NYTimes.com - 0 views

  • Not only did fighting continue in pockets for weeks, but in other ways the United States extended the war for more than five years after Appomattox. Using its war powers to create freedom and civil rights in the South, the federal government fought against a white Southern insurgency that relied on murder and intimidation to undo the gains of the war.
  • the “Appomattox myth” persisted, and continues today. By severing the war’s conflict from the Reconstruction that followed, it drains meaning from the Civil War and turns it into a family feud, a fight that ended with regional reconciliation. It also fosters a national amnesia about what wars are and how they end, a lacuna that has undermined American postwar efforts ever since.
  • Southern soldiers continued to fight as insurgents, terrorizing blacks across the region. One congressman estimated that 50,000 African-Americans were murdered by white Southerners in the first quarter-century after emancipation. “It is a fatal mistake, nay a wicked misery to talk of peace or the institutions of peace,” a federal attorney wrote almost two years after Appomattox. “We are in the very vortex of war.”
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  • The military occupation created pockets of stability and moments of order. Excluded from politics before the war, black men won more than 1,500 offices during Reconstruction. By 1880, 20 percent of black families owned farms.
  • But the occupation that helped support these gains could not be sustained. Anxious politicians reduced the Army’s size even as they assigned it more tasks. After Grant used the military to put down the Ku Klux Klan in the Carolinas in 1871, Congress and the public lost the will to pay the human and financial costs of Reconstruction.
  • Once white Southern Democrats overthrew Reconstruction between the 1870s and 1890s, they utilized the Appomattox myth to erase the connection between the popular, neatly concluded Civil War and the continuing battles of Reconstruction.
  • By the 20th century, history textbooks and popular films like “The Birth of a Nation” made the Civil War an honorable conflict among white Americans, and Reconstruction a corrupt racial tyranny of black over white (a judgment since overturned by historians like W. E. B. DuBois and Eric Foner).
  • separating the war and the military from Reconstruction contributes to an enduring American amnesia about the Army’s role in remaking postwar societies.
  • While it is tempting to blame the George W. Bush administration for these recent wars without end, the problem lies deep within Americans’ understanding of what wars are. We wish that wars, like sports, had carefully organized rules that would steer them to a satisfying end. But wars are often political efforts to remake international or domestic orders. They create problems of governance that battles alone cannot resolve.
  • the South “surrendered at Appomattox, and the North has been surrendering ever since.” In so many wars since, the United States won the battlefield fighting but lost ground afterward.
  • Although a nation has a right to decide what conflicts are worth fighting, it does not have the right to forget its history, and in the process to repeat it.
Javier E

Owner of a Credit Card Processor Is Setting a New Minimum Wage: $70,000 a Year - NYTime... - 0 views

  • Mr. Price surprised his 120-person staff by announcing that he planned over the next three years to raise the salary of even the lowest-paid clerk, customer service representative and salesman to a minimum of $70,000.
  • Under a financial overhaul passed by Congress in 2010, the Securities and Exchange Commission was supposed to require all publicly held companies to disclose the ratio of C.E.O. pay to the median pay of all other employees, but it has so far failed to put it in effect. Corporate executives have vigorously opposed the idea, complaining it would be cumbersome and costly to implement.
  • his unusual proposal does speak to an economic issue that has captured national attention: The disparity between the soaring pay of chief executives and that of their employees.
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  • The United States has one of the world’s largest pay gaps, with chief executives earning nearly 300 times what the average worker makes, according to some economists’ estimates. That is much higher than the 20-to-1 ratio recommended by Gilded Age magnates like J. Pierpont Morgan and the 20th century management visionary Peter Drucker.
  • “The market rate for me as a C.E.O. compared to a regular person is ridiculous, it’s absurd,” said Mr. Price, who said his main extravagances were snowboarding and picking up the bar bill. He drives a 12-year-old Audi
  • Mr. Price, who started the Seattle-based credit-card payment processing firm in 2004 at the age of 19, said he would pay for the wage increases by cutting his own salary from nearly $1 million to $70,000 and using 75 to 80 percent of the company’s anticipated $2.2 million in profit this year.
  • Of all the social issues that he felt he was in a position to do something about as a business leader, “that one seemed like a more worthy issue to go after.”
  • The happiness research behind Mr. Price’s announcement on Monday came from Angus Deaton and Daniel Kahneman, a Nobel Prize-winning psychologist. They found that what they called emotional well-being — defined as “the emotional quality of an individual’s everyday experience, the frequency and intensity of experiences of joy, stress, sadness, anger, and affection that make one’s life pleasant or unpleasant” — rises with income, but only to a point. And that point turns out to be about $75,000 a year.
  • Of course, money above that level brings pleasures — there’s no denying the delights of a Caribbean cruise or a pair of diamond earrings — but no further gains on the emotional well-being scale.
  • As Mr. Kahneman has explained it, income above the threshold doesn’t buy happiness, but a lack of money can deprive you of it.
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