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Javier E

How Toxic Positivity Demoralizes Teachers and Hurts Schools | EdSurge News - 1 views

www.edsurge.com/...zes-teachers-and-hurts-schools

teaching school Culture

shared by Javier E on 05 Oct 21 - No Cached
  • There is a certain TED Talk that teachers on social media sometimes reach for to describe the toxic positivity mentality.
  • the late Rita Pierson’s iconic “Every kid needs a champion” talk from 2013, which is often played or referenced wherever teachers gather. In it, Pierson repeatedly stresses the essential value of forming strong bonds with students, and at one point says that kids don’t learn from people they don’t like.
  • Untrue, say teachers on Reddit and Twitter, and unrealistic. Not every student and teacher will get along, and not every middle or high school teacher will be able to befriend each of their students. Still, under these imperfect conditions learning takes place.
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  • too much cheerfulness can be bad because it leaves no room for appropriate negative emotions like sadness, anxiousness or frustration.
  • The Harvard psychologist Susan David once referred to it as “a tyranny of positivity.”
  • Toxic positivity is obviously frustrating, but it’s also harmful—even to those who genuinely believe in it. Research has shown, for instance, that bottling up emotions can lead to stress, depression and anxiety
  • In the 1990s, psychologist James Pennebaker’s studies linked repressed emotions with suppressed body immunity, and found that releasing those emotions can boost our body’s immune system. A separate study has actually linked such repression to increased aggression.
  • Frequently, excessive upbeatness isn’t used to lift spirits the way a motivational poster might, but rather as a tool of control and conformity.
  • Teachers adopt this mindset and weaponize it against colleagues, particularly ones with unpopular opinions, reframing things on their own terms.
Javier E

Collapsing Levels of Trust Are Devastating America - The Atlantic - 0 views

www.theatlantic.com/...616581

politics history crisis culture US trust anomie polarization progressive progress

shared by Javier E on 19 Dec 20 - No Cached
  • American history is driven by periodic moments of moral convulsion
  • Harvard political scientist Samuel P. Huntington noticed that these convulsions seem to hit the United States every 60 years or so: the Revolutionary period of the 1760s and ’70s; the Jacksonian uprising of the 1820s and ’30s; the Progressive Era, which began in the 1890s; and the social-protest movements of the 1960s and early ’70s
  • A highly moralistic generation appears on the scene. It uses new modes of communication to seize control of the national conversation. Groups formerly outside of power rise up and take over the system. These are moments of agitation and excitement, frenzy and accusation, mobilization and passion.
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  • In 1981, Huntington predicted that the next moral convulsion would hit America around the second or third decade of the 21st century—that is, right about now.
  • Trump is the final instrument of this crisis, but the conditions that brought him to power and make him so dangerous at this moment were decades in the making, and those conditions will not disappear if he is defeated.
  • Social trust is a measure of the moral quality of a society—of whether the people and institutions in it are trustworthy, whether they keep their promises and work for the common g
  • When people in a society lose faith or trust in their institutions and in each other, the nation collapses.
  • This is an account of how, over the past few decades, America became a more untrustworthy society
  • under the stresses of 2020, American institutions and the American social order crumbled and were revealed as more untrustworthy still
  • We had a chance, in crisis, to pull together as a nation and build trust. We did not. That has left us a broken, alienated society caught in a distrust doom loop.
  • The Baby Boomers grew up in the 1950s and ’60s, an era of family stability, widespread prosperity, and cultural cohesion. The mindset they embraced in the late ’60s and have embodied ever since was all about rebelling against authority, unshackling from institutions, and celebrating freedom, individualism, and liberation.
  • The emerging generations today enjoy none of that sense of security. They grew up in a world in which institutions failed, financial systems collapsed, and families were fragile. Children can now expect to have a lower quality of life than their parents, the pandemic rages, climate change looms, and social media is vicious. Their worldview is predicated on threat, not safety.
  • Thus the values of the Millennial and Gen Z generations that will dominate in the years ahead are the opposite of Boomer values: not liberation, but security; not freedom, but equality; not individualism, but the safety of the collective; not sink-or-swim meritocracy, but promotion on the basis of social justice
  • A new culture is dawning. The Age of Precarity is here.
  • I’ve spent my career rebutting the idea that America is in decline, but the events of these past six years, and especially of 2020, have made clear that we live in a broken nation. The cancer of distrust has spread to every vital organ.
  • Those were the days of triumphant globalization. Communism was falling. Apartheid was ending. The Arab-Israeli dispute was calming down. Europe was unifying. China was prospering. In the United States, a moderate Republican president, George H. W. Bush, gave way to the first Baby Boomer president, a moderate Democrat, Bill Clinton.
  • The stench of national decline is in the air. A political, social, and moral order is dissolving. America will only remain whole if we can build a new order in its place.
  • The American economy grew nicely. The racial wealth gap narrowed. All the great systems of society seemed to be working: capitalism, democracy, pluralism, diversity, globalization. It seemed, as Francis Fukuyama wrote in his famous “The End of History?” essay for The National Interest, “an unabashed victory for economic and political liberalism.”
  • Nations with low social trust—like Brazil, Morocco, and Zimbabwe—have struggling economies.
  • We think of the 1960s as the classic Boomer decade, but the false summer of the 1990s was the high-water mark of that ethos
  • The first great theme of that era was convergence. Walls were coming down. Everybody was coming together.
  • The second theme was the triumph of classical liberalism. Liberalism was not just a philosophy—it was a spirit and a zeitgeist, a faith that individual freedom would blossom in a loosely networked democratic capitalist world. Enterprise and creativity would be unleashed. America was the great embodiment and champion of this liberation.
  • The third theme was individualism. Society flourished when individuals were liberated from the shackles of society and the state, when they had the freedom to be true to themselves.
  • For his 2001 book, Moral Freedom, the political scientist Alan Wolfe interviewed a wide array of Americans. The moral culture he described was no longer based on mainline Protestantism, as it had been for generations
  • Instead, Americans, from urban bobos to suburban evangelicals, were living in a state of what he called moral freedom: the belief that life is best when each individual finds his or her own morality—inevitable in a society that insists on individual freedom.
  • moral freedom, like the other dominant values of the time, contained within it a core assumption: If everybody does their own thing, then everything will work out for everybody.
  • This was an ideology of maximum freedom and minimum sacrifice.
  • It all looks naive now. We were naive about what the globalized economy would do to the working class, naive to think the internet would bring us together, naive to think the global mixing of people would breed harmony, naive to think the privileged wouldn’t pull up the ladders of opportunity behind them
  • Over the 20 years after I sat with Kosieva, it all began to unravel. The global financial crisis had hit, the Middle East was being ripped apart by fanatics. On May 15, 2011, street revolts broke out in Spain, led by the self-declared Indignados—“the outraged.” “They don’t represent us!” they railed as an insult to the Spanish establishment. It would turn out to be the cry of a decade.
  • Millennials and members of Gen Z have grown up in the age of that disappointment, knowing nothing else. In the U.S. and elsewhere, this has produced a crisis of faith, across society but especially among the young. It has produced a crisis of trust.
  • Social trust is a generalized faith in the people of your community. It consists of smaller faiths. It begins with the assumption that we are interdependent, our destinies linked. It continues with the assumption that we share the same moral values. We share a sense of what is the right thing to do in different situations
  • gh-trust societies have what Fukuyama calls spontaneous sociability. People are able to organize more quickly, initiate action, and sacrifice for the common good.
  • When you look at research on social trust, you find all sorts of virtuous feedback loops. Trust produces good outcomes, which then produce more trust. In high-trust societies, corruption is lower and entrepreneurship is catalyzed.
  • Higher-trust nations have lower economic inequality, because people feel connected to each other and are willing to support a more generous welfare state.
  • People in high-trust societies are more civically engaged. Nations that score high in social trust—like the Netherlands, Sweden, China, and Australia—have rapidly growing or developed economies.
  • Renewal is hard to imagine. Destruction is everywhere, and construction difficult to see.
  • As the ethicist Sissela Bok once put it, “Whatever matters to human beings, trust is the atmosphere in which it thrives.”
  • During most of the 20th century, through depression and wars, Americans expressed high faith in their institutions
  • In 1964, for example, 77 percent of Americans said they trusted the federal government to do the right thing most or all of the time.
  • By 1994, only one in five Americans said they trusted government to do the right thing.
  • Then came the Iraq War and the financial crisis and the election of Donald Trump. Institutional trust levels remained pathetically low. What changed was the rise of a large group of people who were actively and poi
  • sonously alienated—who were not only distrustful but explosively distrustful. Explosive distrust is not just an absence of trust or a sense of detached alienation—it is an aggressive animosity and an urge to destroy. Explosive distrust is the belief that those who disagree with you are not just wrong but illegitimate
  • In 1997, 64 percent of Americans had a great or good deal of trust in the political competence of their fellow citizens; today only a third of Americans feel that way.
  • In most societies, interpersonal trust is stable over the decades. But for some—like Denmark, where about 75 percent say the people around them are trustworthy, and the Netherlands, where two-thirds say so—the numbers have actually risen.
  • In America, interpersonal trust is in catastrophic decline. In 2014, according to the General Social Survey conducted by NORC at the University of Chicago, only 30.3 percent of Americans agreed that “most people can be trusted,”
  • Today, a majority of Americans say they don’t trust other people when they first meet them.
  • There’s evidence to suggest that marital infidelity, academic cheating, and animal cruelty are all on the rise in America, but it’s hard to directly measure the overall moral condition of society—how honest people are, and how faithful.
  • Trust is the ratio between the number of people who betray you and the number of people who remain faithful to you. It’s not clear that there is more betrayal in America than there used to be—but there are certainly fewer faithful supports around people than there used to be.
  • Hundreds of books and studies on declining social capital and collapsing family structure demonstrate this. In the age of disappointment, people are less likely to be surrounded by faithful networks of people they can trust.
  • Black Americans have high trust in other Black Americans; it’s the wider society they don’t trust, for good and obvious reasons
  • As Vallier puts it, trust levels are a reflection of the moral condition of a nation at any given time.
  • high national trust is a collective moral achievement.
  • High national distrust is a sign that people have earned the right to be suspicious. Trust isn’t a virtue—it’s a measure of other people’s virtue.
  • Unsurprisingly, the groups with the lowest social trust in America are among the most marginalized.
  • Black Americans have been one of the most ill-treated groups in American history; their distrust is earned distrust
  • In 2018, 37.3 percent of white Americans felt that most people can be trusted, according to the General Social Survey, but only 15.3 percent of Black Americans felt the same.
  • People become trusting when the world around them is trustworthy. When they are surrounded by people who live up to their commitments. When they experience their country as a fair place.
  • In 2002, 43 percent of Black Americans were very or somewhat satisfied with the way Black people are treated in the U.S. By 2018, only 18 percent felt that way, according to Gallup.
  • The second disenfranchised low-trust group includes the lower-middle class and the working poor.
  • this group makes up about 40 percent of the country.
  • “They are driven by the insecurity of their place in society and in the economy,” he says. They are distrustful of technology and are much more likely to buy into conspiracy theories. “They’re often convinced by stories that someone is trying to trick them, that the world is against them,”
  • the third marginalized group that scores extremely high on social distrust: young adults. These are people who grew up in the age of disappointment. It’s the only world they know.
  • In 2012, 40 percent of Baby Boomers believed that most people can be trusted, as did 31 percent of members of Generation X. In contrast, only 19 percent of Millennials said most people can be trusted
  • Seventy-three percent of adults under 30 believe that “most of the time, people just look out for themselves,” according to a Pew survey from 2018. Seventy-one percent of those young adults say that most people “would try to take advantage of you if they got a chance.
  • A mere 10 percent of Gen Zers trust politicians to do the right thing.
  • Only 35 percent of young people, versus 67 percent of old people, believe that Americans respect the rights of people who are not like them.
  • Fewer than a third of Millennials say America is the greatest country in the world, compared to 64 percent of members of the Silent Generation.
  • “values and behavior are shaped by the degree to which survival is secure.” In the age of disappointment, our sense of safety went away
  • Some of this is physical insecurity: school shootings, terrorist attacks, police brutality, and overprotective parenting at home
  • the true insecurity is financial, social, and emotional.
  • By the time the Baby Boomers hit a median age of 35, their generation owned 21 percent of the nation’s wealth
  • First, financial insecurity
  • As of last year, Millennials—who will hit an average age of 35 in three years—owned just 3.2 percent of the nation’s wealth.
  • Next, emotional insecurity:
  • fewer children growing up in married two-parent households, more single-parent households, more depression, and higher suicide rates.
  • Then, identity insecurity.
  • All the traits that were once assigned to you by your community, you must now determine on your own: your identity, your morality, your gender, your vocation, your purpose, and the place of your belonging. Self-creation becomes a major anxiety-inducing act of young adulthood.
  • liquid modernity
  • Finally, social insecurity.
  • n the age of social media our “sociometers”—the antennae we use to measure how other people are seeing us—are up and on high alert all the time. Am I liked? Am I affirmed?
  • Danger is ever present. “For many people, it is impossible to think without simultaneously thinking about what other people would think about what you’re thinking,” the educator Fredrik deBoer has written. “This is exhausting and deeply unsatisfying. As long as your self-conception is tied up in your perception of other people’s conception of you, you will never be free to occupy a personality with confidence; you’re always at the mercy of the next person’s dim opinion of you and your whole deal.”
  • In this world, nothing seems safe; everything feels like chaos.
  • Distrust sows distrust. It produces the spiritual state that Emile Durkheim called anomie, a feeling of being disconnected from society, a feeling that the whole game is illegitimate, that you are invisible and not valued, a feeling that the only person you can really trust is yourself.
  • People plagued by distrust can start to see threats that aren’t there; they become risk averse
  • Americans take fewer risks and are much less entrepreneurial than they used to be. In 2014, the rate of business start-ups hit a nearly 40-year low. Since the early 1970s, the rate at which people move across state lines each year has dropped by 56 percent
  • People lose faith in experts. They lose faith in truth, in the flow of information that is the basis of modern society. “A world of truth is a world of trust, and vice versa,”
  • In periods of distrust, you get surges of populism; populism is the ideology of those who feel betrayed
  • People are drawn to leaders who use the language of menace and threat, who tell group-versus-group power narratives. You also get a lot more political extremism. People seek closed, rigid ideological systems that give them a sense of security.
  • fanaticism is a response to existential anxiety. When people feel naked and alone, they revert to tribe. Their radius of trust shrinks, and they only trust their own kind.
  • When many Americans see Trump’s distrust, they see a man who looks at the world as they do.
  • By February 2020, America was a land mired in distrust. Then the plague arrived.
  • From the start, the pandemic has hit the American mind with sledgehammer force. Anxiety and depression have spiked. In April, Gallup recorded a record drop in self-reported well-being, as the share of Americans who said they were thriving fell to the same low point as during the Great Recession
  • These kinds of drops tend to produce social upheavals. A similar drop was seen in Tunisian well-being just before the street protests that led to the Arab Spring.
  • The emotional crisis seems to have hit low-trust groups the hardest
  • “low trusters” were more nervous during the early months of the pandemic, more likely to have trouble sleeping, more likely to feel depressed, less likely to say the public authorities were responding well to the pandemic
  • Eighty-one percent of Americans under 30 reported feeling anxious, depressed, lonely, or hopeless at least one day in the previous week, compared to 48 percent of adults 60 and over.
  • Americans looked to their governing institutions to keep them safe. And nearly every one of their institutions betrayed them
  • The president downplayed the crisis, and his administration was a daily disaster area
  • The Centers for Disease Control and Prevention produced faulty tests, failed to provide up-to-date data on infections and deaths, and didn’t provide a trustworthy voice for a scared public.
  • The Food and Drug Administration wouldn’t allow private labs to produce their own tests without a lengthy approval process.
  • In nations that ranked high on the World Values Survey measure of interpersonal trust—like China, Australia, and most of the Nordic states—leaders were able to mobilize quickly, come up with a plan, and count on citizens to comply with the new rules.
  • In low-trust nations—like Mexico, Spain, and Brazil—there was less planning, less compliance, less collective action, and more death.
  • Countries that fell somewhere in the middle—including the U.S., Germany, and Japan—had a mixed record depending on the quality of their leadership.
  • South Korea, where more than 65 percent of people say they trust government when it comes to health care, was able to build a successful test-and-trace regime. In America, where only 31 percent of Republicans and 44 percent of Democrats say the government should be able to use cellphone data to track compliance with experts’ coronavirus social-contact guidelines, such a system was never really implemented.
  • For decades, researchers have been warning about institutional decay. Institutions get caught up in one of those negative feedback loops that are so common in a world of mistrust. They become ineffective and lose legitimacy. People who lose faith in them tend not to fund them. Talented people don’t go to work for them. They become more ineffective still.
  • On the right, this anti-institutional bias has manifested itself as hatred of government; an unwillingness to defer to expertise, authority, and basic science; and a reluctance to fund the civic infrastructure of society, such as a decent public health system
  • On the left, distrust of institutional authority has manifested as a series of checks on power that have given many small actors the power to stop common plans, producing what Fukuyama calls a vetocracy
  • In 2020, American institutions groaned and sputtered. Academics wrote up plan after plan and lobbed them onto the internet. Few of them went anywhere. America had lost the ability to build new civic structures to respond to ongoing crises like climate change, opioid addiction, and pandemics, or to reform existing ones.
  • In a lower-trust era like today, Levin told me, “there is a greater instinct to say, ‘They’re failing us.’ We see ourselves as outsiders to the systems—an outsider mentality that’s hard to get out of.”
  • Americans haven’t just lost faith in institutions; they’ve come to loathe them, even to think that they are evil
  • 55 percent of Americans believe that the coronavirus that causes COVID-19 was created in a lab and 59 percent believe that the U.S. government is concealing the true number of deaths
  • Half of all Fox News viewers believe that Bill Gates is plotting a mass-vaccination campaign so he can track people.
  • This spring, nearly a third of Americans were convinced that it was probably or definitely true that a vaccine existed but was being withheld by the government.
  • institutions like the law, the government, the police, and even the family don’t merely serve social functions, Levin said; they form the individuals who work and live within them. The institutions provide rules to live by, standards of excellence to live up to, social roles to fulfill.
  • By 2020, people had stopped seeing institutions as places they entered to be morally formed,
  • Instead, they see institutions as stages on which they can perform, can display their splendid selves.
  • People run for Congress not so they can legislate, but so they can get on TV. People work in companies so they can build their personal brand.
  • The result is a world in which institutions not only fail to serve their social function and keep us safe, they also fail to form trustworthy people. The rot in our structures spreads to a rot in ourselves.
  • The Failure of Society
  • The coronavirus has confronted America with a social dilemma. A social dilemma, the University of Pennsylvania scholar Cristina Bicchieri notes, is “a situation in which each group member gets a higher outcome if she pursues her individual self-interest, but everyone in the group is better off if all group members further the common interest.”
  • Social distancing is a social dilemma. Many low-risk individuals have been asked to endure some large pain (unemployment, bankruptcy) and some small inconvenience (mask wearing) for the sake of the common good. If they could make and keep this moral commitment to each other in the short term, the curve would be crushed, and in the long run we’d all be better off. It is the ultimate test of American trustworthiness.
  • While pretending to be rigorous, people relaxed and started going out. It was like watching somebody gradually give up on a diet. There wasn’t a big moment of capitulation, just an extra chocolate bar here, a bagel there, a scoop of ice cream before bed
  • in reality this was a mass moral failure of Republicans and Democrats and independents alike. This was a failure of social solidarity, a failure to look out for each other.
  • Alexis de Tocqueville discussed a concept called the social body. Americans were clearly individualistic, he observed, but they shared common ideas and common values, and could, when needed, produce common action. They could form a social body.
  • Over time, those common values eroded, and were replaced by a value system that put personal freedom above every other value
  • When Americans were confronted with the extremely hard task of locking down for months without any of the collective resources that would have made it easier—habits of deference to group needs; a dense network of community bonds to help hold each other accountable; a history of trust that if you do the right thing, others will too; preexisting patterns of cooperation; a sense of shame if you deviate from the group—they couldn’t do it. America failed.
  • The Crack-up
  • This wasn’t just a political and social crisis, it was also an emotional trauma.
  • The week before George Floyd was killed, the National Center for Health Statistics released data showing that a third of all Americans were showing signs of clinical anxiety or depression. By early June, after Floyd’s death, the percentage of Black Americans showing clinical signs of depression and anxiety disorders had jumped from 36 to 41 percent
  • By late June, American national pride was lower than at any time since Gallup started measuring, in 2001
  • In another poll, 71 percent of Americans said they were angry about the state of the country, and just 17 percent said they were proud.
  • By late June, it was clear that America was enduring a full-bore crisis of legitimacy, an epidemic of alienation, and a loss of faith in the existing order.
  • The most alienated, anarchic actors in society—antifa, the Proud Boys, QAnon—seemed to be driving events. The distrust doom loop was now at hand.
  • The Age of Precarity
  • Cultures are collective responses to common problems. But when reality changes, culture takes a few years, and a moral convulsion, to completely shake off the old norms and values.
  • The culture that is emerging, and which will dominate American life over the next decades, is a response to a prevailing sense of threat.
  • This new culture values security over liberation, equality over freedom, the collective over the individual.
  • From risk to security.
  • we’ve entered an age of precarity in which every political or social movement has an opportunity pole and a risk pole. In the opportunity mentality, risk is embraced because of the upside possibilities. In the risk mindset, security is embraced because people need protection from downside dangers
  • In this period of convulsion, almost every party and movement has moved from its opportunity pole to its risk pole.
  • From achievement to equality
  • In the new culture we are entering, that meritocratic system looks more and more like a ruthless sorting system that excludes the vast majority of people, rendering their life precarious and second class, while pushing the “winners” into a relentless go-go lifestyle that leaves them exhausted and unhappy
  • Equality becomes the great social and political goal. Any disparity—racial, economic, meritocratic—comes to seem hateful.
  • From self to society
  • If we’ve lived through an age of the isolated self, people in the emerging culture see embedded selves. Socialists see individuals embedded in their class group. Right-wing populists see individuals as embedded pieces of a national identity group. Left-wing critical theorists see individuals embedded in their racial, ethnic, gender, or sexual-orientation identity group.
  • The cultural mantra shifts from “Don’t label me!” to “My label is who I am.”
  • From global to local
  • When there is massive distrust of central institutions, people shift power to local institutions, where trust is higher. Power flows away from Washington to cities and states.
  • From liberalism to activism
  • enlightenment liberalism, which was a long effort to reduce the role of passions in politics and increase the role of reason. Politics was seen as a competition between partial truths.
  • Liberalism is ill-suited for an age of precarity. It demands that we live with a lot of ambiguity, which is hard when the atmosphere already feels unsafe. Furthermore, it is thin. It offers an open-ended process of discovery when what people hunger for is justice and moral certainty.
  • liberalism’s niceties come to seem like a cover that oppressors use to mask and maintain their systems of oppression. Public life isn’t an exchange of ideas; it’s a conflict of groups engaged in a vicious death struggle
  • The cultural shifts we are witnessing offer more safety to the individual at the cost of clannishness within society. People are embedded more in communities and groups, but in an age of distrust, groups look at each other warily, angrily, viciously.
  • The shift toward a more communal viewpoint is potentially a wonderful thing, but it leads to cold civil war unless there is a renaissance of trust. There’s no avoiding the core problem. Unless we can find a way to rebuild trust, the nation does not function.
  • How to Rebuild Trust
  • Historians have more to offer, because they can cite examples of nations that have gone from pervasive social decay to relative social health. The two most germane to our situation are Great Britain between 1830 and 1848 and the United States between 1895 and 1914.
  • In both periods, a highly individualistic and amoral culture was replaced by a more communal and moralistic one.
  • But there was a crucial difference between those eras and our own, at least so far. In both cases, moral convulsion led to frenetic action.
  • As Robert Putnam and Shaylyn Romney Garrett note in their forthcoming book, The Upswing, the American civic revival that began in the 1870s produced a stunning array of new organizations: the United Way, the NAACP, the Boy Scouts, the Forest Service, the Federal Reserve System, 4-H clubs, the Sierra Club, the settlement-house movement, the compulsory-education movement, the American Bar Association, the American Legion, the ACLU, and on and on
  • After the civic revivals, both nations witnessed frenetic political reform. During the 1830s, Britain passed the Reform Act, which widened the franchise; the Factory Act, which regulated workplaces; and the Municipal Corporations Act, which reformed local government.
  • The Progressive Era in America saw an avalanche of reform: civil-service reform; food and drug regulation; the Sherman Act, which battled the trusts; the secret ballot; and so on. Civic life became profoundly moralistic, but political life became profoundly pragmatic and anti-ideological. Pragmatism and social-science expertise were valued.
  • Can America in the 2020s turn itself around the way the America of the 1890s, or the Britain of the 1830s, did? Can we create a civic renaissance and a legislative revolution?
  • I see no scenario in which we return to being the nation we were in 1965, with a cohesive national ethos, a clear national establishment, trusted central institutions, and a pop-culture landscape in which people overwhelmingly watch the same shows and talked about the same things.
  • The age of distrust has smashed the converging America and the converging globe—that great dream of the 1990s—and has left us with the reality that our only plausible future is decentralized pluralism.
  • The key to making decentralized pluralism work still comes down to one question: Do we have the energy to build new organizations that address our problems, the way the Brits did in the 1830s and Americans did in the 1890s?
  • social trust is built within organizations in which people are bound together to do joint work, in which they struggle together long enough for trust to gradually develop, in which they develop shared understandings of what is expected of each other, in which they are enmeshed in rules and standards of behavior that keep them trustworthy when their commitments might otherwise falter.
  • Over the past 60 years, we have given up on the Rotary Club and the American Legion and other civic organizations and replaced them with Twitter and Instagram. Ultimately, our ability to rebuild trust depends on our ability to join and stick to organizations.
  • Whether we emerge from this transition stronger depends on our ability, from the bottom up and the top down, to build organizations targeted at our many problems. If history is any guide, this will be the work not of months, but of one or two decades.
  • For centuries, America was the greatest success story on earth, a nation of steady progress, dazzling achievement, and growing international power. That story threatens to end on our watch, crushed by the collapse of our institutions and the implosion of social trust
  • But trust can be rebuilt through the accumulation of small heroic acts—by the outrageous gesture of extending vulnerability in a world that is mean, by proffering faith in other people when that faith may not be returned. Sometimes trust blooms when somebody holds you against all logic, when you expected to be dropped.
  • By David Brooks
Javier E

Opinion | Readers Have Questions About Stocks. An Economist Replies. - The New York Times - 0 views

www.nytimes.com/...vesting-stocks-retirement.html

investments strategy stock market

shared by Javier E on 23 Jan 22 - No Cached
  • the more times you drive, the greater the risk of at least one accident. Let’s say tossing heads is bad. The probability of completely avoiding heads is 50 percent on the first toss, but only 1 in 1,000 over 10 tosses.
  • True, the probability of ending up with more money after X years goes up the higher the share of stocks in your portfolio. But so does the probability of ending up with less than the purely safe investment. This is the dirty little secret of Wall Street.
  • I introduce “upside investing” in my new book as a safe and simple way for risk-averse investors to play the market. The idea is to treat all your money now in stocks and all the money you’ll add to your stock holdings as if you will lose every penny of it
  • ...12 more annotations...
  • Then invest your remaining money in safe assets, i.e., TIPS — Treasury Inflation Protected Securities. This sets a floor to your living standard. Until you withdraw money from the stock market, you spend only the floor amount
  • As you withdraw from the market, invest the proceeds in TIPS, which gives you more safe assets, justifying a higher living-standard floor.
  • Taking dividends and safely investing them is an example of “upside investing.” The key thing is never spending out of a pool of funds that isn’t fully safe. This way your living-standard floor will only rise
  • ersions of “upside investing” are considered in “Risk Less and Prosper: Your Guide to Safer Investing” by Zvi Bodie and Rachelle Taqqu.
  • people who said owning a house is a good way to protect yourself from the vicissitudes of the markets. Is that true, and if so, why?
  • Absolutely. When you own your home you’re protected from rent increases. The shelter that the house provides is like an inflation-protected annuity you might buy from an insurance company.
  • The one big advantage, though, even if you must move, is that homes are real assets. As such, they should maintain their real value during periods, like now, of high inflation.
  • Wall Street’s focus is on probability, whereas economists focus on outcomes. Losing everything, not matter how low the probability, is not something an economist would ever entertain as part of a reasonable financial plan.
  • if you do lose, it can be disastrous. Suppose you are blindfolded and have two options — stay where you are (hold safe bonds) or toss a die (hold risky stock).
  • many readers said that there’s no reason for a long-term investor to shy away from stocks because they always go up in the long run, say, over 20 or 30 years. Your response?
  • Unfortunately, the history is far too short to provide statistical reliability about cumulative returns over independent 30-year holding periods.
  • This statement is wrong. There are several 30-year periods over which stocks barely rose in inflation-adjusted terms, and many 20-year periods in which they outright declined. Plus, we don’t have enough independent observations to go on.
woodlu

Why Russia has never accepted Ukrainian independence | The Economist - 0 views

www.economist.com/...ccepted-ukrainian-independence

politics history crisis

shared by woodlu on 26 Jan 22 - No Cached
  • Yeltsin did not just want what Mr Kravchuk had achieved in Ukraine for economic reasons. Independence would, he felt, be crucial to consolidating his power and pursuing liberal democracy. And Ukraine—never, until the 19th century, a well-defined territory, and home to various ethnic enclaves and deep cultural divides—becoming an independent unitary state within its Soviet borders set a precedent for Russia to define itself the same way, and refuse independence to restive territories such as Chechnya.
  • That was why the Russian republic was one of the first three polities in the world to recognise it as an independent state.
  • if a world in which Ukraine, Russia and indeed Belarus were completely independent from the Soviet Union was attractive, one in which they were not tied to each other in some other way was very troubling to a Russian like Yeltsin.
  • ...37 more annotations...
  • It was not just that Ukraine was the second-most-populous and economically powerful of the remaining republics, its industries tightly integrated with Russia’s. Nor was it the question of what was to happen to the nuclear forces stationed there but still notionally under the command of Soviet authorities in Moscow. It went deeper.
  • The need to let the Baltic states go was clear—and when they left the Soviet Union in 1990, Solzhenitsyn, Yeltsin and most of Russia rallied against revanchist attempts to keep them in. Much the same was true of Central Asia and the Caucasus; they were colonies. Belarus and Ukraine were part of the metropolitan core. The bonds which tied “Little Russians” (ie Ukrainians), “Great Russians” and Belarusians together, Solzhenitsyn argued, must be defended by all means short of war.
  • For centuries Ukraine had anchored Russia’s identity. As the centre of the storied medieval confederation known as Kyivan Rus, which stretched from the White Sea in the north to the Black Sea in the south, Kyiv was seen as the cradle of Russian and Belarusian culture and the font of their Orthodox faith.
  • Being united with Ukraine was fundamental to Russia’s feeling of itself as European.
  • Instead the shooting down of planes, along with the violation of Ukrainian sovereignty, the seizure of Crimea, the reassertion that the legacy of Kyivian Rus meant the nations must be shackled together and the reversion of Belarus to dictatorship—that all came later, a sequence of events which led, 30 Decembers later, to 70,000 or more Russian troops on the border of Ukraine and, in a ghastly sideshow, thousands of Middle Eastern refugees stuck in the Belovezh forest itself. The once seemingly settled question of post-Soviet relations between the three nations has once again become an overriding geopolitical concern.
  • The agreement reached, in draft form, at 4am on Sunday morning achieved those aims with a rather neat piece of casuistry. For Russia simply to have followed Ukraine into independence would have left moot the question of the Soviet Union’s residual powers. So instead they abolished the union itself.
  • The Soviet Union had been formed, in 1922, through a joint declaration by four Soviet republics—the Transcaucasian republic and the three represented at Viskuli. With the Transcaucasian republic long since dismembered, the presidents dissolved by fiat what their forebears had bound together. In its place they put a Commonwealth of Independent States (CIS)—Mr Kravchuk would not allow any use of the word “union”—with few clearly defined powers which any post-Soviet state would be welcome to join. There was to be no special relationship between the Slavic three.
  • The importance of Ukraine was not an abstract matter to him. Like Solzhenitsyn, he was the child of a Ukrainian mother and a Russian father. He grew up singing Ukrainian songs and reading Gogol, who reimagined his native country’s folk magic as rich poetry after moving to St Petersburg. The Soviet Union had meant that Mr Gorbachev and others like him, whatever their parentage, could partake in both identities.
  • disassembling a multi-ethnic empire of 250m people was still a subject of huge trepidation. As Solzhenitsyn had written in “Rebuilding Russia”, “The clock of communism has stopped chiming. But its concrete edifice has not yet crumbled. And we must take care not to be crushed beneath its rubble instead of gaining liberty.” The fact that in that rubble, if rubble there was to be, there would be the world’s largest nuclear arsenal, spread between four separate countries (the three Slavic ones and Kazakhstan), frightened statesmen around the world.
  • “the Kyivan myth of origins…became the cornerstone of Muscovy’s ideology as the polity evolved from a Mongol dependency to a sovereign state and then an empire.” Russian empire required Ukraine; and Russia had no history other than one of empire. The idea of Kyiv as just the capital of a neighbouring country was unimaginable to Russians.
  • When, as the economy worsened, Mr Gorbachev went to President George Bush for $10bn-15bn, Bush’s top concern was the nuclear threat. The same worry had led him to oppose Ukraine’s secession in a speech given just before the August coup. “Do you realise what you’ve done?” Mr Gorbachev demanded of Mr Shushkevich. “Once Bush finds out about this, what then?”
  • Yeltsin was overcome by a sense of lightness and freedom. “In signing this agreement,” he later recalled, “Russia was choosing a different path, a path of internal development rather than an imperial one…She was throwing off the traditional image of ‘potentate of half the world’, of armed conflict with Western civilisation, and the role of policeman in the resolution of ethnic conflicts. The last hour of the Soviet empire was chiming.” Maybe the convoluted interdependency of Russia and Ukraine did not matter as much as people thought; maybe democratic nationhood was enough. Maybe the problem had been a failure of imagination.
  • His foreign supporters stood by him too, and the following year a security agreement saw America, Britain and Russia guarantee respect for Ukraine’s integrity within its existing borders—which is to say, including Crimea—in exchange for its giving up the nuclear weapons it had inherited from the Soviet Union. Ukraine was grateful; the West saw further evidence of a transition towards a liberal, democratic Russian state.
  • Yeltsin’s unburdened moment among the trees had been that of a man who did not want to, and did not have to, rule an empire. He consciously rejected not just the Soviet Union’s ideology and central planning, but also the tools of statecraft that had held it together—repression and lies. To him, the market economy was a condition for freedom, not a substitute for it. His successor, Vladimir Putin, also embraced capitalism. But he saw no need for it to bring freedom with it, and had no problem with a state run through repression and lies. He thus reversed Yeltsin’s democratic project and, though not at first territorially imperialist himself, took the country down the other side of Brzezinski’s fork. It is that which puts Russia and its Slavic neighbours in such a parlous position today.
  • But when pollsters asked people what they expected of their incoming president, reducing this corruption was not their highest priority. The standing of the state was. Russians wanted a strong state and one respected abroad. As Mr Putin’s successful manifesto put it,
  • “A strong state is not an anomaly to fight against. Society desires the restoration of the guiding, organising role of the state.” When, shortly after his election, Mr Putin restored the Soviet anthem, it was not as a symbol of reverting to central planning or rebuilding an empire. It was a signal that the strong state was back. State power did not mean the rule of law or a climate of fairness. It did not have, or need, an ideology. But it did have to take on some of the “geopolitical reality” that the meeting in Viskuli had stripped from the Soviet Union.
  • The strong state which provided an effective cover for kleptocracy in Mr Putin’s Russia was not an option for Mr Kuchma’s similarly oligarchic Ukraine. It had no real history as a state, let alone a strong one. Its national myth was one of Cossacks riding free. So in Ukraine the stealing was instead dressed up in terms of growing into that distinctive national identity. The essence of the argument was simple. As Mr Kuchma put it in a book published in 2003, “Ukraine is not Russia”.
  • And the West, spooked by the increased belligerence Russia had shown in Georgia, was taking a keen interest in Ukraine. The EU offered the country an association agreement which would allow Ukrainians to enjoy the benefits of a deep and comprehensive free-trade agreement and free travel across Europe.
  • Mr Kuchma could have used force against them; Mr Putin encouraged him to do so. But various considerations, including Western opprobrium, argued against it.
  • Perhaps most fundamental was his sense that, as a Ukrainian president, he could not thus divide the Ukrainian nation. He stayed his hand and allowed a second vote. Viktor Yushchenko, pro-Western and Ukrainian-speaking, beat Viktor Yanukovych, a corrupt thug from Donbas (the easternmost part of the country and, save Crimea, the most ethnically Russian) who had claimed victory the first time round. The “Orange revolution”, as the protest came to be known, was a serious setback for Mr Putin—all the more so when a similar uprising in Georgia, the Rose revolution, put another pro-Western state on his borders.
  • Mr Putin’s return to the presidency in 2012 came at a time when the global financial crisis had choked the Russian economy.
  • The degree to which Ukraine was not Russia became clearer, though, in 2004, when a rigged presidential election saw hundreds of thousands of Ukrainians protesting in the streets.
  • A year earlier a group of economists had told Mr Putin that a customs union with Ukraine would be a smart move. What was more, such a deal would preclude Ukraine’s association with the EU. Pursuing it was thus a way for Mr Putin to achieve three things at once: push back against the West; give Russia a victory that would prove its importance; and help the economy.
  • Mr Yanukovych did not want to be Russia’s vassal. Nor did he share western Europe’s values—especially when applied to matters of anti-corruption. But eventually he had to choose a side. At a secret meeting in Moscow in November 2013, as European leaders were preparing to sign their agreement with Ukraine, he was promised a $15bn credit line with $3bn paid up front. He ditched the European deal. And at 4am on November 30th his goons bludgeoned a few dozen students protesting against his betrayal in Kyiv’s Independence Square, known as Maidan.
  • This was far worse, for Mr Putin, than the Orange revolution. Ukraine had made geopolitical reality, to coin a phrase, of the independence it had claimed two decades before. Its demands for dignity resonated with Russia’s middle class and some of its elite, making it a genuinely dangerous example. So Mr Putin annexed Crimea and started a war in Donbas.
  • According to Russian state media, Mr Putin was not undermining a revolution against a corrupt regime quite like his own; he was protecting the Russian people and language from extermination at the hands of western Ukrainian fascists. The relevance to Russia of the issues that had led to what was being called in Ukraine “the revolution of dignity” was thus obscured
  • the annexation was supported by nearly 90% of the Russian population.
  • tract published in both Russian, Ukrainian and English in July 2021, Mr Putin described how the inheritors of “Ancient Rus” had been torn apart by hostile powers and treacherous elites, and how Ukraine had been turned from being “not Russia” into an anti-Russia, an entity fundamentally incompatible with Russia’s goals.
  • All baloney. Mr Putin did not attack Ukraine in order to honour or recreate an empire, whether Russian or Soviet. He attacked it to protect his own rule; the history is window-dressing. At the same time, following Brzezinski, for Russia to be something other than a democracy it has to at least be able to think of itself as an empire. And in Russia, empire requires Ukraine—now more deeply opposed to union with Russia than ever before.
  • “The Russian state, with its severe and inflexible interior, survived exclusively because of its tireless expansion beyond its borders. It has long lost the knowledge [of]—how to survive otherwise.”
  • The only way Russia can escape chaos, he argued, is to export it to a neighbouring country.
  • What he did not say was that Mr Putin’s export of chaos, and violence, to that end has severed the ties between the Slavic nations and their peoples in a way which the collapse of the Soviet empire did not.
  • Ukraine is not a province, or a colony; it is a beleaguered nation in a messy, perilous process of self-realisation. Belarus, for its part, is a grim illustration of how “severe and inflexible” things have to get in order to stop such aspirations welling up. Mr Lukashenko has met a nationalist resurgence with ever more brutal and well-orchestrated repression—a bloody irony given that he helped start it.
  • Like Ukraine, Belarus had no real history of statehood; all that Mr Lukashenko had given it since 1994 was a rough approximation of its Soviet past, fascism with Stalinist trappings. But the idea of something better had taken hold.
  • But change is afoot; it can be seen in the way that demography increasingly trumps regional allegiance. Even in the east nearly 60% of those born since 1991 see their future as in the EU—countrywide, the figure is 75%. All told 90% want Ukraine to stay independent, and nearly 80% are optimistic about its future.
  • That is why Alexei Navalny was first poisoned and is now jailed. As the leader of the opposition to Mr Putin he has championed the idea of Russia not as an empire but as a civic nation: a state for the people. It is why Russia has recently become much more repressive. It is why Mr Putin cannot tolerate a true peace on his borders.
  • Unlike Ukrainians and Belarusians, Russians cannot separate themselves from Russia, so they have to change it from within. They cannot do that in a forest retreat, or with a few phone calls. But only through such change will they become truly independent of the Soviet Union.
lucieperloff

How Democrats Would Tax Billionaires to Pay for Their Agenda - The New York Times - 0 views

www.nytimes.com/...billionaires-tax.html

government policy taxes economics

shared by lucieperloff on 28 Oct 21 - No Cached
  • Senate Democrats plan to tax the richest of the rich, hoping to extract hundreds of billions of dollars from the mountains of wealth that billionaires sit on to help pay for their social safety net and climate change policies.
  • It would for the first time tax billionaires on the unrealized gains in the value of their liquid assets, such as stocks, bonds and cash, which can grow for years as vast capital stores that can be borrowed off to live virtually income tax free.
  • on anyone with more than $1 billion in assets or more than $100 million in income for three consecutive years
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  • Democrats say the billionaires tax could be one of the most politically popular elements of their social safety net and climate change bill, which is expected to cost at least $1.5 trillion and could be completed as soon as Wednesday.
  • “I think there is an absolute understanding that at a time of massive income and wealth inequality, when you have people like Jeff Bezos, in a given year, not paying a nickel in federal income taxes, that these guys are going to have to start paying their fair share,” said Senator Bernie Sanders, the Vermont independent.
  • Such tax avoidance could be adapted to the new system, for instance by shifting wealth from tradable assets like stocks to less liquid ones like real estate or companies.
  • Democrats’ tax proposal would impose a new interest charge on them, which would be paid when those assets were sold, on top of the existing capital gains tax.
  • They could also deem up to $1 billion of tradable stock in a single corporation to be a non-tradable asset, to ensure that founders of a company could maintain their controlling shares.
  • For instance, any gift or bequest that did not go to a spouse or charity would be considered a taxable event, subject to capital gains taxation.
  • “direct taxes” — a term without clear definition — should be apportioned among the states so that each state’s residents pay a share equal to the share of the state’s population.
Javier E

Opinion | Why Barbie and Ken Need Each Other - The New York Times - 0 views

www.nytimes.com/...barbie-ken-ideology.html

partnerships partner couples happiness male female marriage feminism patriarchy

shared by Javier E on 10 Aug 23 - No Cached
  • Between the middle of the 1970s and the late 2010s, in their responses to the General Social Survey, American women reported themselves to be steadily unhappier. The trend was not drastic, but it was consistent: Women were less happy in the 1980s than they were in the 1970s, less happy in the Obama era than the Clinton era, and still less happy under Trump.
  • For men, the trend was more complex. They started out slightly unhappier than women and then made gains in the Reagan and Clinton years, while female happiness declined. But then male unhappiness plunged between the 9/11 era and Barack Obama’s re-election in 2012, before stabilizing a bit thereafter. By the pre-Covid period, the sexes were close to parity — sharing more reported unhappiness than either had been experiencing 30 or 40 years before.
  • These figures are drawn out of a fascinating new paper, “The Socio-Political Demography of Happiness,” from the University of Chicago economist Sam Peltzman
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  • a different trend covered in the Peltzman paper: the persistent happiness advantage enjoyed by married couples over the unmarried, which has slightly widened since the early 1970s and now sits at around 35 points on a scale running from -100 to 100.
  • Over that same period, Americans have become much less likely to be married overall. In 1970, just 9 percent of people ages 25 to 50 had never tied the knot; in 2018, it was 35 percent.
  • the simplest possible explanation for declining happiness: For women maybe first, and for men too, eventually, less wedlock means more woe.
  • Barbieland itself is a female-first utopia that looks fundamentally dystopian — plastic, denatured, death-denying, cut off from love and procreation. The way that Barbiedom marginalizes images of pregnancy and motherhood, to say nothing of literal baby dolls, is a running preoccupation of the film
  • Is the Greta Gerwig movie proudly feminist, crypto-conservative or somewhere in between?
  • The simplest reading is the feminist one. The movie depicts a dolltopia where Barbies occupy every important job and office (with their Kens as arm candy) and tell themselves that their example has solved all of women’s problems in the real world, too — only to discover, when Margot Robbie’s “stereotypical Barbie” goes on a quest into our own contemporary reality, that sexism still exists, the patriarchy is disguised but maybe still resilient, the board of Mattel is proudly “feminist” but all male, and early 21st-century women are being asked to do it all for meager recompense.
  • Michael Knowles of The Daily Wire claims, “conservative, anti-feminist, pro-family, pro-motherhood” themes
  • In part, the conservative spin comes from the sheer fun of Gosling’s performance
  • I want to talk about these findings in the light of the running debate about the true ideological perspective of the billion-dollar box-office juggernaut “Barbie.”
  • Ken’s plight is treated sympathetically — he’s mostly running his coup to impress Barbie, and what are men for in the post-sexual-revolution landscape, anyway?
  • Barbie’s own arc is away from the female-dominated dystopia and back toward embodied womanhood, the real world with all its patriarchal holdovers
  • “Barbie” is a movie with a feminist default, but also complicated and sometimes muddled feelings about what the sexual revolution has done and where feminism ought to go.
  • It’s against the resilient patriarchy, but wary of the girlboss alternative
  • It wants womanhood and motherhood, but it doesn’t want the Kens back in charge, and it doesn’t really know what purpose men should serve.
  • In each narrative, the one way that the current dissatisfactions of women and men can’t be resolved is with the happy ending that even stories about the battle of the sexes used to take for granted — not a rearrangement of political power but a romantic partnership, not one sex’s rule but both sexes’ contentment.
  • so the movie ends — again, spoiler — with Barbie out of Barbieland but on her own, seeking out some sort of reproductive destiny at the gynecologist with a mother-daughter cheerleading squad beside her and no Ken in sight.
  • There’s an interesting parallel to the ending of Lena Dunham’s series “Girls,”
  • A guy can literally organize a revolution and it still isn’t enough to make Barbie see him as a lover, a romantic partner, an erotic object, a husband or a father.
  • In the movie they made, “Barbie and Ken” is a statement of reverse subordination, female rule and male eclipse. But in reality, nothing may matter as much to male and female happiness, and indeed, to the future of the human race, as whether Barbie and Ken can make that “and” into something reciprocal and fertile — a bridge, a bond, a marriage.
Javier E

Men's groups reject masculinity promoted by Trump, Josh Hawley - The Washington Post - 0 views

www.washingtonpost.com/...y-journeymen-josh-hawley-trump

men loneliness anxiety masculinity connection sharing therapy culture us crisis

shared by Javier E on 14 Aug 23 - No Cached
  • connection that U.S. men increasingly say is missing from their lives, leaving them lonely, disconnected and, often, angry. Earlier this year, Surgeon General Vivek H. Murthy declared the country to be in an “epidemic of loneliness and isolation.” National suicide rates have risen in recent decades, and men in 2021 died by suicide at a rate nearly four times higher than women, according to the American Foundation for Suicide Prevention.
  • American men’s isolation stems in large part from a pervasive cultural belief, experts say: that men should be self-reliant and hide their emotions, especially from other men.
  • Today, a battle over the face of American masculinity is underway. Popular music, action movies and leaders like former president Donald Trump and Sen. Josh Hawley (R-Mo.), author of the recent book “Manhood: The Masculine Virtues America Needs,” push for a more aggressive model.
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  • “If a boy expresses too much emotion or too much need for connection, is too giddy, is too joyful, what we say to that boy is, ‘What are you, a sissy? What are you, a girl? What are you, gay?’” Greene said. “It’s your job to dominate those around you, or you will lose status, and that will increase the number of individuals above you who can dish out dominance to you. And what we find is that in that system, in that structure, men are constantly in competition with each other and constantly driven by this sense of anxiety.”
  • many boys are raised with what she called “the cowboy mentality — ‘I can do it myself, I don’t need others,’” often perpetuated by “the father wanting the son to man up and not be so soft. … The whole model of getting help is part of so-called femininity.”
  • As a result, she said, “Women end up being the therapist for their husband, and more are getting sick of it.”
  • some men are looking for alternatives, and some are finding them in fellowship organizations with names like EvryMan, the ManKind Project and the Journeymen, the group doing breathwork that night in D.C.
  • “We have all these groups that are just spontaneously coming into being, as men say, ‘I want a circle of men that I can call my brothers, I want a circle of men that I can express what’s going on for me emotionally, and I want a circle of men who will hold me accountable in positive ways,’”
  • The theme of the Journeymen’s gathering in April, their first in-person meeting in D.C. since the pandemic, was “heartbreak and grief.” As the sky turned cobalt, Williamson implored the men to sense their emotions and “let them flow freely,” to raise their voices and “release them into the darkness.”
  • “People here have gone through a lot in our lives, some in the last few months. As we move through the world as men, sometimes it can be hard to have a sense of that,” he said. “All that which has been unnamed and unfelt, it’s actually been felt, it just hasn’t been dealt with. We put up a stiff arm and won’t let the other guy into our lane of traffic, we don’t want to make eye contact because if we did, we’d have to let him into our lane and show up really differently in the world.”
  • As a man, he said, “you can sense that there are deeper things that are happening in men’s lives, but when you bring it up the subject is changed. If guys’ lives are a house, they only let you see the living room with the plastic on the furniture. And you’re like, ‘Hey, I’m hearing some baying in the basement.’ But we don’t talk about that.”
  • Going around the circle, they began to talk about what lurked in the basement. One had lost his sister a few months earlier. Many talked of fraught or violent relationships with their fathers — or of not having a father around.
  • The toll of American loneliness is steep. The condition can increase the risk of premature death to a degree comparable to smoking 15 cigarettes a day and correlates with an increased risk of heart disease, stroke and dementia. “Humans are wired for social connection,” said Murthy, the surgeon general, “but we’ve become more isolated over time.”
  • “I saw guys suffering with their sense of identity, their sense of self-worth, their sense of belonging, their sense of their rights to their pain,” he said. “I’d see a guy who’d be drinking really heavily. … They’d come over and start talking about their relationship or lack of relationship. Next minute they’d sober up, they didn’t want to talk about it anymore.”
  • Cogan, now 47, had been working through his own personal difficulties: the end of a previous relationship; his at-times fraught relationship with his father; the bullying he had suffered as a child. Now, he said, he was often the only man his male friends were talking to. “My intuition is that I was modeling openness,” he said. “They saw me talk about my relationship, crying, going to therapy. They saw me as a safe harbor.”
  • For many men, he said, “The world isn’t safe. There’s no expectation that a guy in our culture can say, ‘I’m scared, I’ve got fear.’ There’s no expectation that a guy can ask for safety in our culture. A lot of the guys I know, they can’t even do this with their partner.”
  • in recent years, Way said, men have witnessed societal movements such as the #MeToo movement and Black Lives Matter, which also challenged old paradigms. “Then covid happens, and we hit the bottom of the barrel on connections,” she noted. “We can’t walk out of our homes. We woke up to see we are a mess, and we’re not having the connections we want, and we’re not actually happy.
Javier E

China's 40-Year Boom Is Over. What Comes Next? - WSJ - 0 views

www.wsj.com/...bt-slowdown-recession-622a3be4

china boom economics crisis policy history politics

shared by Javier E on 21 Aug 23 - No Cached
  • China’s boom was underpinned by unusually high levels of domestic investment in infrastructure and other hard assets, which accounted for about 44% of GDP each year on average between 2008 and 2021. That compared with a global average of 25% and around 20% in the U.S., according to World Bank data.
  • Such heavy spending was made possible in part by a system of “financial repression” in which state banks set deposit rates low, which meant they could raise funds inexpensively and fund building projects. China added tens of thousands of miles of highways, hundreds of airports, and the world’s largest network of high-speed trains.
  • About one-fifth of apartments in urban China, or at least 130 million units, were estimated to be unoccupied in 2018,
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  • With so many needs met, economists estimate China now has to invest about $9 to produce each dollar of GDP growth, up from less than $5 a decade ago, and a little over $3 in the 1990s.
  • Returns on assets by private firms have declined to 3.9% from 9.3% five years ago, according to Bert Hofman, head of the National University of Singapore’s East Asian Institute. State companies’ returns have retreated to 2.8% from 4.3%.
  • China’s labor force, meanwhile, is shrinking, and productivity growth is slowing. From the 1980s to the early 2000s, productivity gains contributed about a third of China’s GDP growth, Hofman’s analysis shows. That ratio has declined to less than one sixth in the past decade.
  • Changing that would require China’s government to undertake measures aimed at encouraging people to spend more and save less. That could include expanding China’s relatively meager social safety net with greater health and unemployment benefits.
  • Much of the debt was incurred by cities. Limited by Beijing in their ability to borrow directly to fund projects, they turned to off-balance sheet financing vehicles whose debts are expected to reach more than $9 trillion this year,
  • only about 20% of financing firms used by local governments to fund projects have enough cash reserves to meet their short-term debt obligations, including bonds owned by domestic and foreign investors.
  • The solution for many parts of the country has been to keep borrowing and building. Total debt, including that held by various levels of government and state-owned companies, climbed to nearly 300% of China’s GDP as of 2022, surpassing U.S. levels and up from less than 200% in 201
  • Household consumption makes up only about 38% of GDP in China, relatively unchanged in recent years, compared with around 68% in the U.S.,
  • The most obvious solution, economists say, would be for China to shift toward promoting consumer spending and service industries, which would help create a more balanced economy
  • i and some of his lieutenants remain suspicious of U.S.-style consumption, which they see as wasteful at a time when China’s focus should be on bolstering its industrial capabilities and girding for potential conflict with the West, people with knowledge of Beijing’
  • The leadership also worries that empowering individuals to make more decisions over how they spend their money could undermine state authority, without generating the kind of growth Beijing desires.
  • A plan announced in late July to promote consumption was criticized by economists both in and outside China for lacking details. It suggested promoting sports and cultural events, and pushed for building more convenience stores in rural areas.
  • Instead, guided by a desire to strengthen political control, Xi’s leadership has doubled down on state intervention to make China an even bigger industrial power, strong in government-favored industries such as semiconductors, EVs and AI.
  • While foreign experts don’t doubt China can make headway in these areas, they alone aren’t enough to lift up the entire economy or create enough jobs for the millions of college graduate
  • a speech made by Xi six months earlier to senior officials, in which the leader emphasized the importance of focusing on long-term goals instead of pursuing Western-style material wealth. “We must maintain historic patience and insist on making steady, step-by-step progress,” Xi said in the speech. 
Javier E

Opinion | One Reason the Trump Fever Won't Break - The New York Times - 0 views

www.nytimes.com/...alism-trump-renew-america.html

christian Christianist nationalism irrationality history crisis culture politics US GOP trump

shared by Javier E on 01 Oct 23 - No Cached
  • most observers and critics are paying too much attention to the wrong group of Christian nationalists. We mainly think of Christian nationalism as a theology or at least as a philosophy
  • In reality, the Christian nationalist movement that actually matters is rooted in emotion and ostensibly divine revelation, and it’s that emotional and spiritual movement that so stubbornly clings to Donald Trump.
  • Arguments about the proper role of virtue in the public square, for example, or arguments over the proper balance between order and liberty, are helpless in the face of prophecies, like the declarations from Christian “apostles” that Donald Trump is God’s appointed leader, destined to save the nation from destruction.
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  • Essays and books about philosophy and theology are important for determining the ultimate health of the church, but on the ground or in the pews? They’re much less important than emotion, prophecy and spiritualism.
  • Christians will claim that the Holy Spirit spoke to them directly. As one longtime friend told me, “David, I was with you on opposing Trump until the Holy Spirit told me that God had appointed him to lead.”
  • a key part of Trump’s appeal is the joy and fellowship that Trump supporters feel with each other. But there’s one last element that cements that bond with Trump: faith, including a burning sense of certainty that by supporting him, they are instruments of God’s divine plan.
  • It’s not a serious position to argue that this diverse, secularizing country will shed liberal democracy for Catholic or Protestant religious rule. But it’s exceedingly dangerous and destabilizing when millions of citizens believe that the fate of the church is bound up in the person they believe is the once and future president of the United States.
  • That’s why the Trump fever won’t break. That’s why even the most biblically based arguments against Trump fall on deaf ears. That’s why the very act of Christian opposition to Trump is often seen as a grave betrayal of Christ himself.
  • In 2024, this nation will wrestle with Christian nationalism once again, but it won’t be the nationalism of ideas. It will be a nationalism rooted more in emotion and mysticism than theology. The fever may not break until the “prophecies” change, and that is a factor that is entirely out of our control.
Javier E

Opinion | Putin Can't Escape History - The New York Times - 0 views

www.nytimes.com/...-russian-military-ukraine.html

history crisis policy putin russia authoritarian

shared by Javier E on 11 Nov 22 - No Cached
  • Yegor Gaidar, the wunderkind who shaped the first post-Communist reforms in Russia, mulled on this cyclical pattern in an article in the newspaper Izvestia in 1994, wondering — as did many in Russia and in the West at the time — whether the pattern would repeat itself after the collapse of the Soviet Union. “Russia’s race for a place in the civilized world recalls Achilles’ chase after the tortoise,” Gaidar wrote. “Through superhuman effort, Russia would manage to catch up and overtake, especially in military technology. Yet the world would unnoticeably but steadily move on, and again after disgraceful and tortuous setbacks the country would regroup for a leap and make another lurch, and everything would be repeated.”
  • Nearly 30 years later, Vladimir Putin’s ruthless efforts to reconstitute a Great Russia by brute force, in the process mauling Ukraine with shocking cruelty and weakening his own country for decades to come, appear to be falling into Gaidar’s pattern
  • Mr. Putin’s strongest pitch, that “losing” Ukraine represents a humiliating demotion of Russia the superpower, still resonates among people who were raised on the Soviet ethos, in which empire was a far stronger bond than nationalism.
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  • Before the announcement of the recent mass conscription, which was followed by the declaration of martial law in Russian-occupied areas of Ukraine, about 30 percent of Russians who were asked by a pro-Kremlin pollster to describe the predominant mood of people around them said they were anxious. Since the decree, that number has risen to 69 percent.
  • as the invasion has dragged on, Mr. Putin has had to shout “Wolf!” ever more stridently.
  • With little experience of democracy, Russians have traditionally been content to entrust their government to a strong “khoziayin,” or master, so long as he provides stability and seems to know what he’s doing. But if that contract is violated, as Russia’s greatest poet, Alexander Pushkin, warned in a quote every Russia knows by heart, “God save us from seeing a Russian revolt, senseless and merciless.”
  • He has drawn liberally on his rewriting of Russian history and culture — as he did again in the Valdai speech, citing, among others, Solzhenitsyn and Dostoyevsky — to claim a spiritual superiority over a West he sees as decadent and decaying. Never mind that these two writers were both repressed by the state, Soviet and czarist, and that Russia is widely perceived as a kleptocracy.
  • There is no soft power in this equation, no appreciation of reasons Ukraine might be more attracted to Europe than to Russia, but only spheres of control parceled out according to rules of conquest and control that the West rejected after World War II. The longings of the Ukrainians have no part in this; Russia’s — Mr. Putin’s — mission is to return to Russia what is Russia’s by right of might
  • it is becoming evident that Mr. Putin, increasingly isolated during the Covid pandemic, was led to believe by his sycophantic lieutenants that a quick invasion would promptly topple the Kyiv government and herd Ukraine back into the fold, and that the West was too far gone to do anything about it.
Javier E

Russia is becoming increasingly dependent on China - The Washington Post - 0 views

www.washingtonpost.com/...alance-putin-xi-junior-partner

russia china

shared by Javier E on 12 Aug 22 - No Cached
  • A few weeks before Russia launched its war, Putin and Xi met at a summit and declared a partnership with “no limits.” Now, after a summer of spiraling tensions, their governments are locked in a tighter embrace, voicing their shared animus toward the American hegemon that looms over their own perceived spheres of influence.
  • This week, Zhang Hanhui, China’s ambassador to Moscow, attacked the United States for supposedly stoking the conflict in Ukraine. “As the initiator and main instigator of the Ukrainian crisis, Washington, while imposing unprecedented comprehensive sanctions on Russia, continues to supply arms and military equipment to Ukraine,” Zhang told Russian state news agency Tass. “Their ultimate goal is to exhaust and crush Russia with a protracted war and the cudgel of sanctions.”
  • Earlier, Dmitry Peskov, Putin’s press secretary, had lambasted Washington for House Speaker Nancy Pelosi’s controversial visit to Taiwan. “This is not a line aimed at supporting freedom and democracy,” Peskov said. “This is pure provocation. It’s necessary to call such steps what they really are.”
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  • Putin may be possessed by neo-imperial dreams of Russia’s place in Europe, but he is presiding over a state of affairs that has steadily given Beijing more leverage over Moscow. Far removed from the days of the Cold War when the Kremlin viewed communist China as its “poorer cousin,” Russia — isolated and enfeebled — is sliding inexorably into the role of “junior partner” to the Asian giant.
  • The war in Ukraine has rendered Russia increasingly dependent on China: Sanctions have curtailed the global market for its exports and thinned out possible suppliers for its exports. Enter China, whose imports from Russia have surged, jumping 80 percent in May compared with last year, largely in the form of oil and other natural resources. The Russian market, left bereft of many European products, may get all the more flooded by Chinese goods and technology in the months and even years ahead.
  • Gabuev suggested that current trendlines could see China’s renminbi, which has already outperformed the euro on Moscow’s stock exchange, becoming “the de facto reserve currency for Russia even without being fully convertible,” and thereby “increasing Moscow’s dependence on Beijing.”
  • Imbalances that already existed between both countries are only amplifying. China is edging closer to Russia as a leading arms supplier to developing countries. Russia was compelled to significantly discount oil sales to China, while Chinese car manufacturers — recognizing the paucity of options now facing Russian consumers — have in some instances raised prices for their vehicles in Russia by 50 percent
  • Gabuev unpacked the geopolitical ramifications of Russia’s supplication to China. “To keep China happy, Russian leaders will have little choice but to accept unfavorable terms in commercial negotiations, to support Chinese positions in international forums such as the United Nations, and even to curtail Moscow’s relations with other countries, such as India and Vietnam,”
  • Even in the remote scenario where Putin himself falls, it’s hard to imagine the broader tectonic realignments taking place would shift all that much. “Russia is turning into a giant Eurasian Iran: fairly isolated, with a smaller and more technologically backward economy thanks to its hostilities to the West but still too big and too important to be considered irrelevant,
  • With China as Russia’s biggest external partner and major diplomatic ally, Gabuev concluded, “the aging ruling elite in the Kremlin, myopically fixated on Washington, will be even more eager to serve as China’s handmaidens as it rises to become the archrival of the United States.”
  • “The best way for the West to deal with the China-Russia alignment is to acknowledge that these bonds are strong and to improve its own resilience and deterrence capacities,” wrote Justyna Szczudlik, a China analyst at the Polish Institute of International Affairs.
Javier E

Opinion | Trump taking the Fifth should disqualify him from office - The Washington Post - 0 views

www.washingtonpost.com/...taking-fifth-disqualify-office

5th amendment duty officials

shared by Javier E on 18 Aug 22 - No Cached
  • taking the Fifth — especially concerning his alleged misconduct related to the attempted coup — should disqualify him from the presidency.
  • a president “has a constitutional as well as a moral duty to see to it that the laws are faithfully executed — not just a passive duty to avoid violating the law, a duty everyone of course shares, but an active duty to ensure that the law is fully enforced as well as complied with. That active duty arguably includes an obligation to avoid invoking various otherwise available privileges — including the privilege to withhold criminally incriminating information.”
  • “In that special sense, a president or a former president, more than any other public official or private citizen, arguably betrays his or her duty to the American people by taking the Fifth.”
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  • “Fealty to the law meant nothing to him. The country’s interests meant nothing to him. The only oath he has taken is to his own greed and self-preservation.” But that does not mean voters can ignore the obvious conflict that occurs when someone simultaneously thwarts a government investigation and pledges to enforce the Constitution.
  • Tribe notes that Article VI of the Constitution specifies that public officials must take an oath “not just to obey the Constitution and laws of the United States but ‘to support this Constitution.’ ”
  • In other words, should members of Congress implicated in the plot to overturn the 2020 election choose to take the Fifth, they would be setting up a conflict between their self-interest and the interest in upholding and supporting the Constitution
  • True, the Constitution spells out no disqualifications for federal office, other than conviction through impeachment and Section 3 of the 14th Amendment, which bars a person from office if they have “engaged in insurrection or rebellion against the same, or given aid or comfort to the enemies thereof.”
  • voters certainly should consider the underlying conflict when a candidate for office takes the Fifth, especially when the issue goes to the core of our democracy.
  • Defenders might insist that Trump has not been convicted of any crime. But voters are allowed to draw their own conclusions about not only his underlying conduct but also his refusal to testify.
  • there is a “bond” between an official and the people of the nation, which is “created by election or appointment and also cemented by the oath of office.” Just as a civil jury can draw an adverse conclusion from Trump’s refusal to answer questions, “it should be disqualifying for Trump if he seeks to run again.”
  • Taking the Fifth is their prerogative, but it is the prerogative of voters to hold it against them as evidence that they are putting themselves above the interests of the country.
Javier E

Walter Russell Mead on the Past and Future of American Foreign Policy (Ep. 161) | Conve... - 0 views

conversationswithtyler.com/...walter-russell-mead

mead foreign policy future history culture crisis policy politics us interview cowen

shared by Javier E on 07 Oct 22 - No Cached
  • COWEN: How has the decline of American religiosity influenced US foreign policy?
  • MEAD: Well, I think the most important way is that it has diminished our coherence as a society and undermined the psychological strength of individuals in our foreign policy world.
  • What do I mean by that? If you think about what it’s like to do foreign policy, or even think about foreign policy in today’s world, what are we looking at? Existential threats to human existence. You led us off with nuclear weapons. In the book, I talk about how, as a 10-year-old, my friends and I used to stand around on the playground, debating whether our town, Chapel Hill, North Carolina, would be destroyed in a nuclear attack.
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  • In any case, the fear of nuclear war has been around since the time of Hiroshima, but also, there are other fears. If we don’t get climate policy right, will we all be cooked? Or will climate-induced disruptions lead to great power war, nuclear conflict? Will changing technology — the AIs — take over? Whatever, we live in a time of existential fear, and foreign policy and all kinds of national policy questions get invested with these ultimate questions.
  • What makes democracy work under those circumstances tends to be senses of identification with elites, with different social-political groups. The glue that holds a democratic society — the cultural glue, intellectual glue, spiritual glue — becomes much more important
  • In terms of mass societies and democracies and large cultural groups, it’s profoundly destabilizing. You have that problem, that existential fear, which some people respond to by denial, some people fall into extremism — lots of responses, but you can see that.
  • Then the other thing is that, in a large democratic society like ours — 300-plus million people — if political power was divided equally among all 300 million Americans, it would mean that no one had any power.
  • Politics is less about, if we raise the sales tax half a percent, is that a good thing or a bad thing on balance? It’s more about, can we save the planet? Can we save human civilization? When people face those kinds of questions without some kind of grounding in some kind of religion, faith, it’s actually . . . There are individual people who can keep their psychological balance in the face of that. There are not many.
  • The American political-studies belief since World War II has essentially been, democracy is the only stable form of government. Everywhere democracy is inexorably rising, and every other form of government is incredibly unstable. This bears very, very little relationship to the facts outside of Western Europe, let’s say the world of NATO plus Japan and Australia.
  • to do foreign policy well
  • Which American president has best understood the Middle East, and then worst? MEAD: Interesting. Nobody’s gotten it totally. I’d say George H.W. Bush and Richard Nixon probably are the two, in my mind, who best understood what they were dealing with.
  • COWEN: What is it they had that maybe the others didn’t? MEAD: What they saw in the Middle East is that America has both hard-power goals and what you could call soft-power, idealistic goals in the Middle East, that our hard-power goals are vital, and they are achievable. Our soft-power goals are important but largely unachievable. What they did was, they set about dealing with what was essential, and they both did it pretty successfully.
  • The American academy is actually a terrible place for coming to understand how world politics works.
  • COWEN: Sorry. Is Germany still part of the Western Alliance? MEAD: Well, in the sense it’s been for some time. I remember that Kennan’s goal for Germany was to have a united, neutral, disarmed Germany at the heart of Europe. In some ways, [laughs] Kennan’s goal looks, maybe, closer than ever.
  • Look, I think Germany is a country whose basic economic model is now under question. The German model — and it’s very important in understanding that country — is based on the availability of cheap energy from Russia and large markets in China.
  • Again, let’s remember that the German establishment is more terrified of ordinary German public opinion than even the American liberal establishment is terrified of the Trumpists. You don’t have to look all that deeply into history to see why that would be the case. Providing stability, affluence, and employment for the mass of the German people is a key test of the legitimacy of the German state.
  • Really, ever since we failed to break up the large German corporations after World War II, that German establishment has been the motor of the astonishing success of postwar Germany. Now, suddenly, that engine is running out of fuel on the one hand, and its key customer, China, regardless of anything about human rights or geopolitics, the goal of the Chinese economic development strategy is to end its dependency on capital goods imported from countries like Germany by becoming an exporter of high-tech capital goods.
  • China’s development plans, much more than its Taiwan policy or its human rights, is a gun pointed at the head of German business. So, where do they go? It’s not clear where they go. I don’t think it’s clear to them where they go. That means that a fundamental element of the American alliance system is in a completely new place.
  • I think what we have to be doing in terms of analyzing where German foreign policy goes is to think a little bit less about ideology or things like the German anti-war sentiment or these kinds of things. Yes, these are all there, the Russian soul, all of that. It’s there, but really, how is Germany going to make a living? That’s the question that has to be answered, and that will drive Germany’s orientation in foreign policy.
  • I think, in our society, the ebbing of religion among some, certainly not all, Americans has tended to dissolve these bonds and leads, in all kinds of ways, both on the left and the right, to some of the sense of suspicion, of paranoia, a lack of trust, and declining support for democracy.
  • COWEN: How would you describe that advantage? MEAD: I don’t really believe in disciplines. I see connections between things. I start from reality. I’m not trying to be anti-intellectual here. You need ideas to help you organize your perceptions of reality. But I think there’s a tendency in a lot of social science disciplines — you start from a bunch of really smart, engaged people who have been thinking about a set of questions and say, “We’ll do a lot better if we stop randomly thinking about everything that pops up and try, in some systematic way, to organize our thinking of this.”
  • I think you do get some gains from that, but you see, over time, the focus of the discipline has this tendency to shift. The discipline tends to become more inward navel-gazing. “What’s the history of our efforts to systematize our thinking about this?” The discipline becomes more and more, in a sense, ideological and internally focused and less pragmatic.
  • I think that some of the problem, though, is not so much in the intellectual weaknesses of a lot of conventional postgrad education, but simply almost the crime against humanity of having whole generations of smart people spend the first 30, 35 years of their lives in a total bubble, where they’re in this academic setting, and the rule . . . They become socialized into the academy, just as much as prisoners get socialized into the routines of a prison.
  • COWEN: Do you think of it as an advantage that you don’t have a PhD? MEAD: Huge advantage.
  • COWEN: For our final segment, a few questions about the Walter Russell Mead production function. How much did growing up in South Carolina influence your views on foreign policy? MEAD: I think it’s affected my views of America, and that, in turn, affects my views. Growing up in the segregated South during the civil rights era, where, on the one hand, my father actually knew Martin Luther King and marched with him and was involved in a lot of things; but then I had relatives, older relatives who were very much on the other side. That gave me a certain sense of I could love my grandfather even though he voted for George Wallace.
  • MEAD: Yes. All right. The fact that I could love him while really disliking his politics helps me understand . . . I think it helps understand some of the divisions in America even today and gives you a more human rather than a strictly ideological look.
  • But there’s also this: that the South and the White South — which, of course, is where I come from — has had the experience of both being defeated and being wrong. That’s something that a lot of American political culture doesn’t have — your WASP Yankee patricians. I think neoconservatism reflected a sense of people who’ve never been wrong and never been beaten, at least in their own minds. There’s a hubris that comes with that.
  • Historically, one of the roles of Southern politics — think of William Fulbright during the Vietnam War — both for good and bad reasons, doubt that this American ideological project can be transferred, partly because they know America is bad at reconstruction. The failure of reconstruction, both in terms of the White South and the Black South after the Civil War, is a lesson that you get growing up in the South. And so you have an inherent sense of the limits of America’s ability to transform societies. That’s important.
  • COWEN: Your foreign policy understanding — what did it learn from going to Groton?
  • MEAD: Well, I learned a lot there. On the one hand, Groton is a place that prides itself on its tradition of producing foreign policy leaders: Dean Acheson, the Allsopp brothers, Averell Harriman, Franklin Roosevelt. That wonderful book, The Wise Men by David Halberstam — actually, my history teacher is in there. There’s a whole scene that could be from our fourth-form 10th-grade history class.
  • You got the sense of being part of a tradition, and you got the inside view. The way we were taught American history was in no way idealized. Just, say, reading something like the 1619 Project didn’t come to me as a shock. “Oh my gosh, there was slavery, there was injustice in America.”
  • In fact, one of the teachers at Groton used to take aside some of the boys — it was an all-boys school at the time — and explain to them how their family fortune was made. He might say, “Well, George, we’ve been reading a lot about war profiteers in World War I. You need to know that your grandfather . . .” Et cetera, et cetera. Unfortunately, none of my grandparents had participated in such things, so there was no need to explain to me the family fortune, as there wasn’t one.
  • More than that, though, I was at Groton ’65 to ’70. Those were the years of the Vietnam War. The national security adviser at the time, McGeorge Bundy, was the chair of the Groton Board of Trustees, so I had a close-up look at the aggressive self-confidence of the WASP establishment meeting the Vietnam War and beginning to come to grips with what was going wrong.
  • Those two visions of the inner workings of the American foreign policy elite, and then the ringside seat at the crisis of the old American foreign policy elite, have been profoundly important in my thinking about the world.
  • COWEN: You meet young people all the time. How do you spot the next Walter Russell Mead? What do you look for?
  • MEAD: Well, first of all, I’m hoping for somebody who’s a lot better than me. I’m looking for someone — what is it? Whose sandals I am unworthy to buckle. And I would say that I look for, first of all, curiosity, intense curiosity. I look for an understanding that the personal and the political are mixed, that character matters. You can learn about the world by coming to understand your own psychological flaws and distress, and vice versa.
  • That history matters a lot, and that you can’t know too much history. Now, you have to digest it, but you can’t know too much history. A hunger for travel. I think too many foreign policy types don’t actually get out into the field nearly as much as they should. Curiosity about other cultures. A strong grounding in a faith of your own, which can be a secular ideology, perhaps, in some cases, but more often is likely to be a great religious tradition of some kind.
  • I’m a Christian. I could wish that everyone was, but my friend Shadi Hamid is a Muslim, and I think his Muslim faith actually helps him navigate and understand the world, and I certainly have lots of Jewish friends in the same circumstance. Again, we’re ending up where we started, maybe, but a religious faith, connected to one of the great historical traditions, gives you a degree of insight and potential for self-criticism that are absolutely crucial to foreign affairs.
Javier E

Opinion | The Question of Joe Biden - The New York Times - 0 views

www.nytimes.com/...joe-biden-trump-election.html

biden evaluation Democratic party politics crisis history

shared by Javier E on 07 Oct 23 - No Cached
  • The more I covered Biden, the more I came to feel affection and respect for him. Then, as now, he could be a tough boss, occasionally angry and hard on his staff. But throughout his life, Biden has usually been on the side of the underdog. I’ve rarely met a politician so rooted in the unpretentious middle-class ethos of the neighborhood he grew up in. He has a seemingly instinctive ability to bond with those who are hurting.
  • He has his faults — the tendency to talk too much, the chip on his shoulder about those who think they are smarter than he is, the gaffes, that episode of plagiarism and the moments of confusion — but I’ve always thought: Give me a leader who identifies with those who feel looked down upon. Give me a leader whose moral compass generally sends him in the right direction.
  • But I’ve also come to fear and loathe Donald Trump. I cannot fathom what damage that increasingly deranged man might do to this country if given a second term. And the fact is that as the polls and the mood of the electorate stand today, Trump has a decent chance of beating Biden in November of next year and regaining power in 2025.
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  • Biden’s approval ratings are stubbornly low. In a recent ABC poll, only 30 percent of voters approve of his handling of the economy and only 23 percent approve of his handling of immigration at the southern border. Roughly three-quarters of American voters say that Biden, at 80, is too old to seek a second term. There have been a string of polls showing that large majorities in his own party don’t want him to run again. In one survey from 2022, an astounding 94 percent of Democrats under 30 said they wanted a different nominee.
  • I thought Biden’s favorability ratings would climb as economic growth has remained relatively strong and as inflation has come down. But it just hasn’t happened.
  • don’t find this passive fatalism compelling. The party’s elected officials are basically urging rank-and-file Democrats not to be anxious about a situation that is genuinely anxiety-inducing. Last month Gov. Phil Murphy of New Jersey told The Times, “This is only a matter of time until the broad party, and broadly speaking, Americans, converge with the opinions of folks like myself.” Really? Surely if there’s a lesson we should have learned from the last decade, it’s that we should all be listening harder to what the electorate is trying to say.
  • The Republicans who portray him as a doddering old man based on highly selective YouTube clips are wrong. In my interviews with him, he’s like a pitcher who used to throw 94 miles an hour who now throws 87. He is clearly still an effective pitcher.
  • People who work with him allow that he does tire more easily, but they say that he is very much the dynamic force driving this administration
  • In fact, I’ve noticed some improvements in his communication style as he’s aged. He used to try to cram every fact in the known universe into every answer; now he’s more disciplined. When he’s describing some national problem, he is more crisp and focused than he used to be, clearer on what is the essential point here — more confidence-inspiring, not less.
  • What about four or five years from now, at the end of a second term? Will he still be competent enough to lead? Biden is fit, does not smoke or drink alcohol, exercises frequently and has no serious health conditions, according to the White House
  • A study in The Journal on Active Aging of Biden’s and Trump’s health records from before the 2020 elections found that both men could qualify as “super-agers” — the demographic that maintains physical and mental functioning beyond age 80.
  • if the president I see in interviews and at speeches is out campaigning next year against an overweight man roughly his own age, then my guess is that public anxieties on this front will diminish.
  • To me, age isn’t Biden’s key weakness. Inflation is. I agree with what Michael Tomasky wrote in The New Republic: Biden’s domestic legislative accomplishments are as impressive as any other president’s in my adult life. Exactly as he should have, he has directed huge amounts of resources to the people and the places that have been left behind by the global economy. By one Treasury Department estimate, more than 80 percent of the investments sparked by the Inflation Reduction Act are going to counties with below-average college graduation rates and nearly 90 percent are being made in counties with below-average wages. That was the medicine a riven country needed.
  • it is also true that Biden’s team overlearned the lessons of the Obama years. If Barack Obama didn’t stimulate the economy enough during the Great Recession, Biden stimulated it too much, contributing to inflation and the sticker shock people are feeling.
  • Anger about inflation is ripping across the world, and has no doubt helped lower the approval ratings of leaders left, right and center. Biden’s 40 percent approval rating may look bad, but in Canada, Justin Trudeau’s approval rating is 36; in Germany Olaf Scholz is at 29; in Britain Rishi Sunak is at 28; in France Emmanuel Macron is at 23; and in Japan Fumio Kishida is also at 23. This is a global phenomenon
  • “Inflation is the reason Biden could not deliver on his core promise to return the country to normal and the main reason his poll numbers are bad.”
  • voters are looking back and retroactively elevating their opinion of Trump’s presidency. When he left office only 38 percent of Americans approved of his performance as president. Today, 48 percent do, his high-water mark.
  • Bitterness, cynicism and distrust pervade the body politic. People perceive reality through negative lenses, seeing everything as much worse than it is. At 3.8 percent, America’s unemployment rate is objectively low, but 57 percent of voters say that the unemployment rate is “not so good” or “poor.”
  • The nation’s bitter state of mind is a self-perpetuating negativity machine. Younger people feel dismissed; the older generations are hogging power. Faith in major institutions is nearing record lows. The country is hungry for some kind of change but is unclear about what that might look like. As the incumbent, Biden will be tasked with trying to tell a good news story of American revival, which is just a tough story to sell in this environment. And Biden is not out there selling it convincingly.
  • The bracing reality is that Trump’s cynicism and fury match the national mood more than Biden’s faithful optimism.
  • “They seem hell bent on nominating the one Democrat who would lose to Donald Trump,” Karl Rove told me recently. “They’ve got a lot of talent on their side, let’s not kid ourselves,” he continued, pointing to younger Democrats like Gretchen Whitmer, Mitch Landrieu, Gavin Newsom and Cory Booker.
  • A lot of the dump-Biden conversations are based on a false premise: that the Democratic Party brand and agenda are somehow strong and popular enough that any number of younger candidates could win the White House in 2024, and that if Biden were just to retire, all sorts of obstacles and troubles would go with him.
  • But Biden is not the sole or even primary problem here. To the extent that these things are separable, it’s the Democratic Party as a whole that’s ailing. The generic congressional ballot is a broad measure of the strength of the congressional party. Democrats are now behind. According to a Morning Consult poll, Americans rate the Democratic Party as a whole as the more ideologically extreme party by a nine-point margin.
  • When pollsters ask which party is best positioned to address your concerns, here too, Democrats are trailing. In a recent Gallup poll 53 percent of Americans say Republicans will do a better job of keeping America prosperous over the short term while only 39 percent thought that of the Democrats.
  • Fifty-seven percent of Americans said that the Republicans would do a better job keeping America safe, while only 35 percent favor the Democrats. These are historically high Republican advantages.
  • Here are the hard, unpleasant facts: The Republicans have a likely nominee who is facing 91 charges. The Republicans in Congress are so controlled by a group of performative narcissists, the whole House has been reduced to chaos. And yet they are still leading the Democrats in these sorts of polling measures
  • There is no other potential nominee who is so credibly steeped in knowing what life is like for working- and middle-class people, just as there was no other potential nominee in 2020. After watching him for a quarter-century, I think he is genuinely most comfortable when he is hanging around the kinds of people he grew up with. He doesn’t send out any off-putting faculty lounge vibes. On cultural matters he is most defined by what he doesn’t do — needlessly offend people with overly academic verbiage and virtue signaling. That is why I worry when he talks too stridently about people on the right, when he name-calls and denounces wide swaths of people as MAGA.
  • Over the last half-century, the Democrats have become increasingly the party of the well-educated metropolitan class.
  • This is about something deeper than Joe Biden’s age. More and more people are telling pollsters that the Republicans, not the Democrats, care about people like me.
  • But Democrats are losing something arguably more important than a reliable base of supporters. The party is in danger of letting go of an ethos, a heritage, a tradition. The working-class heart and soul the Democrats cultivated through the Roosevelt, Truman and Kennedy years rooted Democratic progressivism in a set of values that emphasized hard work, neighborhood, faith, family and flag. Being connected to Americans’ everyday experiences kept the party pinioned to the mainstream.
  • . It grew prone to taking flights of fancy in policy and rhetoric, be it Medicare for All or “defund the police,” going to places where middle-of-the-road voters would not follow. It became more vulnerable to the insular outlooks of its most privileged and educated members.
  • And that is the fact I keep returning to. Biden is not what ails the party. As things stand, he is the Democrats’ best shot at curing what ails the party.
  • today, the party is bleeding working-class voters of all varieties. As John B. Judis and Ruy Teixeira point out in their forthcoming book, “Where Have All the Democrats Gone?” Democrats have been losing ground among Hispanics for the last few years. In 2012, Barack Obama carried nonwhite voters without a college degree by a 67-point margin. In 2020, Biden carried this group with a 48-point margin. Today, the Democratic ticket leads among this group by a paltry 16 points
  • These cultural and spiritual roots give him not just a style but a governing agenda. He has used the presidency to direct resources to those who live in the parts of the country where wages are lower, where education levels are lower, where opportunities are skimpier. Biden’s ethos harks back to the ethos of the New Deal Democratic Party, but it also harks forward to something — to a form of center-left politics that is culturally moderate and economically aggressive
  • Something almost spiritual is at play here, not just about whether the Democrats can win in 2024, but who the Democrats are.
  • I also find myself arriving foursquare at the conclusion that rejecting the president now would be, in the first place, a mistake. He offers the most plausible route toward winning the working- and middle-class groups the Democrats need, the most plausible route toward building a broad-based majority party
  • But it would be worse than a mistake. It would be a renunciation of the living stream of people, ideas and values that flow at the living depths of the party, a stream that propelled its past glories and still points toward future ones.
Javier E

The Urgent Case for Shrinking the Economy | The New Republic - 0 views

newrepublic.com/...wth-climate-change-book-review

economy climate change crisis growth politics economics history Culture degrowth

shared by Javier E on 16 Jan 21 - No Cached
  • A classic example of this dynamic is the advent of the chain saw. A person with a chain saw can cut 10 times as many trees in the same time as a person using older methods. Logging companies did not use this invention, however, to shorten the workweek by 90 percent. They used it to cut 10 times more trees than they otherwise would have. “Lashed by the growth imperative, technology is used not to do the same amount of stuff in less time, but rather to do more stuff in the same amount of time,”
  • The problem, Hickel argues, is explained by the “paradox” first observed by the nineteenth-century economist William Stanley Jevons: In a growth system, gains in efficiency do not translate to higher wages, greater equality, more leisure, or lower emissions; they are plowed right back into the growth cycle
  • Increasing outputs of wind, solar, and other renewables are not leading to a drop in the use of fossil fuels. Instead, renewables and fossil fuels are used to satisfy rising global energy demand. “New fuels aren’t replacing the older ones,” Hickel writes. “They are being added on top of them.”
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  • The economy that Hickel envisions would cease to pursue growth, green or otherwise. Materials and energy will still be consumed, and waste generated, but at much lower levels. All impacts on the natural world will be tethered to the question, “Growth for whom, and to what ends?” In place of an individualistic consumer economy, Hickel’s post-growth economy would direct itself toward the creation of public goods that allow the many to live well—mass transit, health care—rather than to keep a few in luxury.
  • A growing body of research reveals an inverse relationship between “happiness” and growth beyond a certain point.
  • In the rich countries, general contentment peaked in 1950, when GDP and real per capita incomes were fractions of their present size (and inequality near modern historic lows); degrowthers posit that similar happiness levels will be reclaimed on the way back down the economic mountain
  • Hickel describes a post-growth economy defined by stability and equality, and the freedom and leisure possible when the economy is no longer subservient to the god of growth
  • He estimates that the U.S. economy could be scaled down by as much as 65 percent while still improving the lives of its citizens. This includes the metric most often tied to celebrations of endless growth: life expectancy.
  • degrowth will entail a steep reduction across a much wider range of high-energy consumer goods. Keeping a global economy within safe ecological limits is a zero-sum game.
  • When limited resources are directed toward clean energy infrastructure, public health care, and regenerative agriculture, it will still be possible to build and power modern 24-hour hospitals in every city, but not to have Xbox consoles, two-car garages, and giant appliances in every home.
  • would have to redefine it, too.
  • The post-growth economy could not succeed solely by redistributing wealth; it would have to redefine it, too.
  • He argues that short-term growth would have to continue in those countries that have still not achieved the basic levels of sanitation, infrastructure, and education needed for a decent standard of living, to close the gap. Their larger goal, meanwhile, would be to break free from their historical role as a source of natural resources and cheap labor for the north.
  • For degrowth to be just, global, and effective, the sharpest reduction in consumption will have to come from the north, where the greatest damage to the planet is currently being done
  • Ecological economists generally agree that the safe outer limit is eight tons
  • One person in a low-income country has a materials footprint of roughly two tons per year, a measure of total raw materials consumed, including those embodied in imports. In lower-middle–income countries, that number is four tons; in upper-middle–income countries, 12 tons. In the high-income nations of North America, Europe, and Asia, the number leaps to 28
  • The wealthiest 20 percent of the human population is responsible for 90 percent of “overshoot” carbon in the atmosphere (that is, a level of carbon that exceeds the limit needed to keep global temperature rise below 2 degrees Celsius)
  • The planet’s richest one percent has a carbon footprint twice the size of the poorest half of the world’s population combined
  • For the global north, degrowth not only starts at home, it starts with the biggest houses.
  • Less Is More doesn’t end in a poetic appreciation for nature’s majesty, but by teasing out its implications for the political project of preserving a habitable planet. Hickel devotes much of the book to explaining that degrowth must be central to this project, promising not just survival, but real democracy, social abundance, and liberation.
  • Both involve broad social shifts away from private consumption and toward the production of shared public goods.
  • This beautiful coincidence overlaps with policy programs like the Green New Deal in important way
  • In July 1979, shortly after installing a set of solar panels over the West Wing, Jimmy Carter did something peculiar for a peacetime president. He asked Americans to sacrifice: to consume less, take public transit more, value community over material things, and buy bonds to fund domestic energy development, including solar
  • Next to Schumacher’s “Buddhist economics,” Debsian socialism was reformist tinkering. Schumacher didn’t see liberation as a matter of reshuffling the ownership and management structures of the smokestack-powered growth economy. He believed a deeper transformation was needed to maintain a livable planet. This would require new socioecological blueprints “designed for permanence.” As the left and the right battled for control over growth’s levers and spoils, Schumacher pointed out how both had become blind to the rise of growth as its own self-justifying, pan-ideological religion; its patterns of production and consumption, he observed, required “a degree of violence” that did not “fit into the laws of the universe.”
  • They determined that infinite growth was, in fact, impossible on a finite planet. Barring a major course correction, the team projected, growthism would result in an ecological systems breakdown sometime in the middle of the twenty-first century
  • This warning, detailed in the 1972 bestseller The Limits to Growth, has aged better than the scorn heaped on it
  • We are now witnessing what appears to be the beginnings of the collapse predicted nearly 50 years ago
  • In his new book, Less Is More, Jason Hickel, an anthropologist and journalist, attempts to bring a comprehensive critique of growth closer to the center of the conversation, arguing through a sweeping history of capitalism that it’s uncontrolled growth, not its controlled arrest and reversal, that is the preposterous concept.
  • This economic and political revolution was reinforced by a complementary scientific one that displaced the lingering animist cosmology of pre-capitalist Europe. The dualism of Francis Bacon and Descartes held reason to be distinct from and superior to matter.
  • The idea of limitless growth is a relatively recent one. In Less Is More, Hickel traces its origins to the enclosure of the European commons in the sixteenth century
  • Starving refugees were scattered and forced into a new economy defined by neo-feudal servitude and wage labor. Landowners, meanwhile, began amassing great stores of surplus wealth.
  • By the mid-1800s, a new “science” had arisen from these assumptions. Neoclassical economics fully abstracted the economy from the natural world. The economy was geared not toward the creation of a happy and prosperous society, but toward the perpetual growth of wealth as its own end, achieved in an inherently virtuous cycle of converting labor and resources into capital, to be accumulated and reinvested in faster and more productive conversions of labor and resources
  • This ideology subsumed and profaned notions about progress and morality held by the classical economists, until eventually the field even l
  • This process unfolded despite repeated warnings along the way. Classical economists like John Stuart Mill and, to a lesser extent, Adam Smith not only acknowledged the existence of natural limits to growth, but saw economic development as a phase; at some point, they believed, nations would create enough wealth to pursue other definitions of progres
  • the caveats issued by Simon Kuznets, father of the concept adopted in the twentieth century as growth’s universal and signature metric: gross domestic product. Kuznets, Hickel points out, “warned that we should never use GDP as a normal measure of economic progress,” because GDP does not distinguish between productive and destructive behavior
  • Most people encounter the growth debate, if they encounter it at all, through the idea of “green growth.
  • This is a vision for our collective future based on the belief that technological advance will drastically reduce the amount of raw materials needed to sustain growth—a process known as dematerialization—and “decouple” growing GDP from its ecological impacts.
  • boosters of the idea point to the transition by rich countries from manufacturing to service-based economies, as well as efficiency gains in energy and in the use of materials
  • The belief that green growth will save us, also known as “ecomodernism” or “ecopragmatism,” has become a trendy article of faith among elites who acknowledge climate change and the dangers of breaching ecological boundaries
  • n 2017, Barack Obama threw his support behind the idea in an article for Science magazine, maintaining that signs of decoupling in major economies “should put to rest the argument that combatting climate change requires accepting lower growth or a lower standard of living.”
  • The argument that capitalism can grow itself out of the present crisis may be soothing to those who like the world as it is. It also relies on the kind of accounting tricks and rejection of reality
  • By only counting the emissions created within a country that imports most of its cars, washing machines, and computers, you end up pushing the emissions related to their production off the books. When you factor them back in, the picture is much less green. A number of recent studies show no evidence of meaningful decoupling—in energy or materials—even as the world increases its use of renewable energy and finds ways to use some materials more efficiently.
  • Green growth, Hickel concludes, is an ecologically incoherent “fairy tale.”
  • consider what the ecomodernist position asks us to believe. The current system requires annual growth of roughly 3 percent to avoid the shock of recession. This means doubling the size of the economy every 23 years
  • he economy of 2000 must be 20 times larger in the year 2100, and 370 times larger in the year 2200.
  • Hickel is less interested in the macroeconomic details of this future than are growth critics based in economics departments, like Tim Jackson and Kate Raworth, and more focused on the leisure, security, and general human flourish
  • he makes an alluring case that degrowth does not require anything like the “command-and-control fiasco of the Soviet Union, or some back-to-the-caves, hair-shirted disaster of voluntary impoverishment.”
  • Attaining the benefits of the post-growth economy would, however, require what the present consumer society considers “sacrifices.
  • it’s not clear how many of them are ready to give up its superficial pleasures enabled by consumer debt
  • Among nations, there’s also the question of fairness: Wouldn’t it be unjust to impose degrowth across the world, when it’s disproportionately the countries of the global north that have spent centuries burning through the planet’s resources?
  • This output tracks to the one percent’s share of global wealth—a number equal to the GDP of the bottom 169 countries.
  • Even if you accept the argument that inequality would be best addressed by more centuries of trickle-down growth, you keep running up against the simple fact of its impossibility. Even just one more century of growth—which so far has shown no sign of taking a less destructive form—will require multiple earths
  • Hickel is serious about bringing the system critiques of E.F. Schumacher and others out of their traditional cloisters and into the streets, and has sought allies in this effort
  • emphasize what Hickel calls the “beautiful coincidence” of degrowth: that “what we need to do to survive is the same as what we need to do to have better lives.”
  • Both are internationalist in outlook, and see the world through a lens of climate justice as well as climate equilibrium.
  • that is, communicating the many benefits of moving beyond the insecurity and terrors of the current system, and building a new society that is sustainable, stable, democratic, and fundamentally better in every way.
Javier E

How Climate Change Is Changing Therapy - The New York Times - 0 views

www.nytimes.com/...climate-anxiety-therapy.html

climate change therapy mental health adaptation role psychology response history

shared by Javier E on 22 Oct 23 - No Cached
  • Andrew Bryant can still remember when he thought of climate change as primarily a problem of the future. When he heard or read about troubling impacts, he found himself setting them in 2080, a year that, not so coincidentally, would be a century after his own birth. The changing climate, and all the challenges it would bring, were “scary and sad,” he said recently, “but so far in the future that I’d be safe.”
  • That was back when things were different, in the long-ago world of 2014 or so. The Pacific Northwest, where Bryant is a clinical social worker and psychotherapist treating patients in private practice in Seattle, is a largely affluent place that was once considered a potential refuge from climate disruption
  • “We’re lucky to be buffered by wealth and location,” Bryant said. “We are lucky to have the opportunity to look away.”
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  • starting in the mid-2010s, those beloved blue skies began to disappear. First, the smoke came in occasional bursts, from wildfires in Canada or California or Siberia, and blew away when the wind changed direction. Within a few summers, though, it was coming in thicker, from more directions at once, and lasting longer.
  • Sometimes there were weeks when you were advised not to open your windows or exercise outside. Sometimes there were long stretches where you weren’t supposed to breathe the outside air at all.
  • Now lots of Bryant’s clients wanted to talk about climate change. They wanted to talk about how strange and disorienting and scary this new reality felt, about what the future might be like and how they might face it, about how to deal with all the strong feelings — helplessness, rage, depression, guilt — being stirred up inside them.
  • As a therapist, Bryant found himself unsure how to respond
  • while his clinical education offered lots of training in, say, substance abuse or family therapy, there was nothing about environmental crisis, or how to treat patients whose mental health was affected by it
  • Bryant immersed himself in the subject, joining and founding associations of climate-concerned therapists
  • eventually started a website, Climate & Mind, to serve as a sort of clearing house for other therapists searching for resources. Instead, the site became an unexpected window into the experience of would-be patients: Bryant found himself receiving messages from people around the world who stumbled across it while looking for help.
  • Over and over, he read the same story, of potential patients who’d gone looking for someone to talk to about climate change and other environmental crises, only to be told that they were overreacting — that their concern, and not the climate, was what was out of whack and in need of treatment.
  • “You come in and talk about how anxious you are that fossil-fuel companies continue to pump CO2 into the air, and your therapist says, ‘So, tell me about your mother.’”
  • In many of the messages, people asked Bryant for referrals to climate-focused therapists in Houston or Canada or Taiwan, wherever it was the writer lived.
  • his practice had shifted to reflect a new reality of climate psychology. His clients didn’t just bring up the changing climate incidentally, or during disconcerting local reminders; rather, many were activists or scientists or people who specifically sought out Bryant because of their concerns about the climate crisis.
  • could now turn to resources like the list maintained by the Climate Psychology Alliance North America, which contains more than 100 psychotherapists around the country who are what the organization calls “climate aware.”
  • But treating those fears also stirred up lots of complicated questions that no one was quite sure how to answer. The traditional focus of his field, Bryant said, could be oversimplified as “fixing the individual”: treating patients as separate entities working on their personal growth
  • It had been a challenging few years, Bryant told me when I first called to talk about his work. There were some ways in which climate fears were a natural fit in the therapy room, and he believed the field had coalesced around some answers that felt clear and useful
  • Climate change, by contrast, was a species-wide problem, a profound and constant reminder of how deeply intertwined we all are in complex systems — atmospheric, biospheric, economic — that are much bigger than us. It sometimes felt like a direct challenge to old therapeutic paradigms — and perhaps a chance to replace them with something better.
  • In one of climate psychology’s founding papers, published in 2011, Susan Clayton and Thomas J. Doherty posited that climate change would have “significant negative effects on mental health and well-being.” They described three broad types of possible impacts: the acute trauma of living through climate disasters; the corroding fear of a collapsing future; and the psychosocial decay that could damage the fabric of communities dealing with disruptive changes
  • All of these, they wrote, would make the climate crisis “as much a psychological and social phenomenon as a matter of biodiversity and geophysics.”
  • Many of these predictions have since been borne out
  • Studies have found rates of PTSD spiking in the wake of disasters, and in 2017 the American Psychological Association defined “ecoanxiety” as “a chronic fear of environmental doom.”
  • Climate-driven migration is on the rise, and so are stories of xenophobia and community mistrust.
  • According to a 2022 survey by Yale and George Mason University, a majority of Americans report that they spend time worrying about climate change.
  • Many say it has led to symptoms of depression or anxiety; more than a quarter make an active effort not to think about it.
  • There was little or no attention to the fact that living through, or helping to cause, a collapse of nature can also be mentally harmful.
  • In June, the Yale Journal of Biology and Medicine published a paper cautioning that the world at large was facing “a psychological condition of ‘systemic uncertainty,’” in which “difficult emotions arise not only from experiencing the ecological loss itself,” but also from the fact that our lives are inescapably embedded in systems that keep on making those losses worse.
  • Climate change, in other words, surrounds us with constant reminders of “ethical dilemmas and deep social criticism of modern society. In its essence, climate crisis questions the relationship of humans with nature and the meaning of being human in the Anthropocene.”
  • This is not an easy way to live.
  • Living within a context that is obviously unhealthful, he wrote, is painful: “a dimly intuited ‘fall’ from which we spend our lives trying to recover, a guilt we can never quite grasp or expiate” — a feeling of loss or dislocation whose true origins we look for, but often fail to see. This confusion leaves us feeling even worse.
  • When Barbara Easterlin first started studying environmental psychology 30 years ago, she told me, the focus of study was on ways in which cultivating a relationship with nature can be good for mental health
  • A poll by the American Psychiatric Association in the same year found that nearly half of Americans think climate change is already harming the nation’s mental health.
  • the field is still so new that it does not yet have evidence-tested treatments or standards of practice. Therapists sometimes feel as if they are finding the path as they go.
  • Rebecca Weston, a licensed clinical social worker practicing in New York and a co-president of the CPA-NA, told me that when she treats anxiety disorders, her goal is often to help the patient understand how much of their fear is internally produced — out of proportion to the reality they’re facing
  • climate anxiety is a different challenge, because people worried about climate change and environmental breakdown are often having the opposite experience: Their worries are rational and evidence-based, but they feel isolated and frustrated because they’re living in a society that tends to dismiss them.
  • One of the emerging tenets of climate psychology is that counselors should validate their clients’ climate-related emotions as reasonable, not pathological
  • it does mean validating that feelings like grief and fear and shame aren’t a form of sickness, but, as Weston put it, “are actually rational responses to a world that’s very scary and very uncertain and very dangerous for people
  • In the words of a handbook on climate psychology, “Paying heed to what is happening in our communities and across the globe is a healthier response than turning away in denial or disavowal.”
  • But this, too, raises difficult questions. “How much do we normalize people to the system we’re in?” Weston asked. “And is that the definition of health?
  • Or is the definition of health resisting the things that are making us so unhappy? That’s the profound tension within our field.”
  • “It seems to shift all the time, the sort of content and material that people are bringing in,” Alexandra Woollacott, a psychotherapist in Seattle, told the group. Sometimes it was a pervasive anxiety about the future, or trauma responses to fires or smoke or heat; other times, clients, especially young ones, wanted to vent their “sort of righteous anger and sense of betrayal” at the various powers that had built and maintained a society that was so destructive.
  • “I’m so glad that we have each other to process this,” she said, “because we’re humans living through this, too. I have my own trauma responses to it, I have my own grief process around it, I have my own fury at government and oil companies, and I think I don’t want to burden my clients with my own emotional response to it.”
  • In a field that has long emphasized boundaries, discouraging therapists from bringing their own issues or experiences into the therapy room, climate therapy offers a particular challenge: Separation can be harder when the problems at hand affect therapist and client alike
  • Some therapists I spoke to were worried about navigating the breakdown of barriers, while others had embraced it. “There is no place on the planet that won’t eventually be impacted, where client and therapist won’t be in it together,” a family therapist wrote in a CPA-NA newsletter. “Most therapists I know have become more vulnerable and self-disclosing in their practice.”
  • “If you look at or consider typical theoretical framings of something like post-traumatic growth, which is the understanding of this idea that people can sort of grow and become stronger and better after a traumatic event,” she said, then the climate crisis poses a dilemma because “there is no afterwards, right? There is no resolution anytime in our lifetimes to this crisis that we nonetheless have to build the capacities to face and to endure and to hopefully engage.”
  • many of her patients are also disconnected from the natural world, which means that they struggle to process or even recognize the grief and alienation that comes from living in a society that treats nature as other, a resource to be used and discarded.
  • “How,” she asked, “do you think about resilience apart from resolution?”
  • she believed this framing reflected and reinforced a bias inherent in a field that has long been most accessible to, and practiced by, the privileged. It was hardly new in the world, after all, to face the collapse of your entire way of life and still find ways to keep going.
  • Torres said that she sometimes takes her therapy sessions outside or asks patients to remember their earliest and deepest connections with animals or plants or places. She believes it will help if they learn to think of themselves “as rooted beings that aren’t just simply living in the human overlay on the environment.” It was valuable to recognize, she said, that “we are part of the land” and suffer when it suffers.
  • Torres described introducing her clients to methods — mindfulness, distress tolerance, emotion regulation — to help them manage acute feelings of stress or panic and to avoid the brittleness of burnout.
  • She also encourages them to narrativize the problem, including themselves as agents of change inside stories about how they came to be in this situation, and how they might make it different.
  • then she encourages them to find a community of other people who care about the same problems, with whom they could connect outside the therapy room. As Woollacott said earlier: “People who share your values. People who are committed to not looking away.”
  • Dwyer told the group that she had been thinking more about psychological adaptation as a form of climate mitigation
  • Therapy, she said, could be a way to steward human energy and creative capacities at a time when they’re most needed.
  • It was hard, Bryant told me when we first spoke, to do this sort of work without finding yourself asking bigger questions — namely, what was therapy actually about?
  • Many of the therapists I talked to spoke of their role not as “fixing” a patient’s problem or responding to a pathology, but simply giving their patients the tools to name and explore their most difficult emotions, to sit with painful feelings without instantly running away from them
  • many of the methods in their traditional tool kits continue to be useful in climate psychology. Anxiety and hopelessness and anger are all familiar territory, after all, with long histories of well-studied treatments.
  • They focused on trying to help patients develop coping skills and find meaning amid destabilization, to still see themselves as having agency and choice.
  • Weston, the therapist in New York, has had patients who struggle to be in a world that surrounds them with waste and trash, who experience panic because they can never find a place free of reminders of their society’s destruction
  • eston said, that she has trouble with the repeated refrain that therapist and patient experiencing the same losses and dreads at the same time constituted a major departure from traditional therapeutic practice
  • “I’m so excited by what you’re bringing in,” Woollacott replied. “I’m doing psychoanalytic training at the moment, and we study attachment theory” — how the stability of early emotional bonds affects future relationships and feelings of well-being. “But nowhere in the literature does it talk about our attachment to the land.”
  • Lately, Bryant told me, he’s been most excited about the work that happens outside the therapy room: places where groups of people gather to talk about their feelings and the future they’re facing
  • It was at such a meeting — a community event where people were brainstorming ways to adapt to climate chaos — that Weston, realizing she had concrete skills to offer, was inspired to rework her practice to focus on the challenge. She remembers finding the gathering empowering and energizing in a way she hadn’t experienced before. In such settings, it was automatic that people would feel embraced instead of isolated, natural that the conversation would start moving away from the individual and toward collective experiences and ideas.
  • There was no fully separate space, to be mended on its own. There was only a shared and broken world, and a community united in loving it.
Javier E

Opinion | Easy money, cut-rate energy and discount labor are all going away - The Washi... - 0 views

www.washingtonpost.com/...energy-money-cheap-era-ending

money energy labor cheap inflation realist policy economics history

shared by Javier E on 24 Oct 23 - No Cached
  • here is no reason to panic. The United States has had a nearly perfect economic cooling over the past few years, maintaining a strong jobs market and good GDP growth while settling down from the post-covid reopening highs. We are not only doing better than anyone expected; we are doing far better than our peers in Europe, including Britain, and Japan
  • So, what’s going on? Something that sounds bad but is, in reality, encouraging: The era of cheap is over.
  • The past five years — which have featured a pandemic, the war in Ukraine and the aftermath of both — signal the end to an economy that was based on cheap everything: cheap money, cheap energy and cheap labor
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  • The United States, Europe and China are, in different ways, all speeding up the transition to a green economy.
  • The first to go is the era of easy money. This isn’t a short-term response to President Biden’s much-needed post-pandemic fiscal stimulus. (In fact, that stimulus is exactly what kept the U.S. economy resilient while peers flagged, according to a recent New York Fed report.
  • This is a return to an economy that is more rational and hardheaded. Not all companies, or stocks, are created equal. Many have too much debt on their books.
  • Years of easy money propped up everything. A higher cost of capital will be painful temporarily, but it will give markets what they’ve needed for years — a reason for investors to sort out risky investments
  • Cheap energy is over, too. One outcome of Russia’s invasion of Ukraine is the realization (especially in Europe) that getting crucial commodities from autocrats is never a good idea
  • At home, that means more wind and solar farms, more electric cars and more diverse supply chains to build it all. This will be inflationary in the short term, as it means manufacturing new products and investing in new technologies
  • The bond market won’t like it, and there will be calls to return to the old ways, particularly if inflation continues to bite.
  • But it will be strongly deflationary if we can make the shift.
  • Finally, the era of cheap labor has ended
  • Wages are rising, and we’ve seen more labor activity, including strikes, this year than in the past four decades. More will follow. This is an appropriate response to decades of wage stagnation amid record corporate profits
  • Unions, but also non-union workers in many areas of the economy including construction and manufacturing, have been buoyed by the largest infrastructure investment since the 1950s — which has given them negotiating power that they haven’t had in years
  • Meanwhile, companies in the service sector are reconsidering their usual hire-and-fire-fast approach, having been trained by the pandemic to hang onto employees as long as possible.
  • Yes, artificial intelligence could throw a spammer in all this. CEOs are looking to use it to bring down labor costs. But workers today are becoming more proactive about demanding more control of both trade and technology;
  • The end of cheap is a huge shift. It means Main Street rather than Wall Street will drive the economy. It will make for a more balanced and resilient economy.
  • All of that is going away or gone. A decade and a half of go-go speculation is finished. The era of cheap is kaput.
  • cheap isn’t really cheap. It’s just putting your troubles on layaway.
Javier E

Foreign Firms Pull Billions in Earnings Out of China - WSJ - 0 views

www.wsj.com/...earnings-out-of-china-0423b68a

china earnings investment

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  • Foreign firms yanked more than $160 billion in total earnings from China during six successive quarters through the end of September, according to an analysis of Chinese data, an unusually sustained run of profit outflows that shows how much the country’s appeal is waning for foreign capital.
  • The outflows add to pressure on China’s currency, the yuan, when the country’s central bank is already battling to slow its decline as investors sour on Chinese stocks and bonds and new investment in China is scarce. The yuan has depreciated 5.7% against the U.S. dollar this year and touched its lowest level in more than a decade in September. 
  • A range of factors have contributed to the profit exodus, economists and corporate executives say. Those include a widening gap between China’s interest rates and those in the U.S. and Europe that has made it more attractive to park earnings in the West.
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  • many foreign firms are looking for better uses for their money, as China’s economy slows and geopolitical tensions rise. Chilly relations between Beijing and the U.S.-led West have pushed global companies to rethink their supply chains and exposure to China.
  • The data show that for all but two quarters between 2014 and the middle of last year, foreign firms were reinvesting more in China than they were transferring abroad. In 2021, for instance, firms reinvested a net $170 billion. 
  • That shifted in the middle of 2022, when China was under sporadic lockdowns and the U.S. Federal Reserve began raising interest rates to combat rocketing inflation. Outflows have continued in each quarter since. 
Javier E

How inheritance data secretly explains U.S. inequality - The Washington Post - 0 views

www.washingtonpost.com/...ritance-america-taxes-equality

inheritance inequality

shared by Javier E on 18 Nov 23 - No Cached
  • Every three years the Fed, with the help of NORC at the University of Chicago, asks at least 4,500 Americans an astonishingly exhaustive, almost two-hour battery of questions on income and assets, from savings bonds to gambling winnings to mineral rights. One of our all-time favorite sources, the survey provides our best measure of America’s ghastly wealth disparities.
  • It also includes a deep dive on inheritance, the passing down of the family jewels (or whatnot) from parents (73 percent in 2022), grandparents (14 percent) and aunts and uncles (8 percent).
  • The average American has inherited about $58,000 as of 2022. But that’s if you include the majority of us whose total lifetime inheritance sits at $0
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  • Since 1992, the number of people getting inheritances from parents has nearly doubled even as bequests from grandparents and aunts and uncles have remained flat. Your 50s will be your peak inheriting ages, which makes sense given that an average 65-year-old in the U.S. can expect to live to around age 83 and your parents are, sadly, mortal.
  • If you look only at the lucky few who inherited anything, their average is $266,00
  • And if you look only at those in their 70s, it climbs to $344,000. Of course, that’s the value at the time of the gift. Add inflation and market-level returns and many bequests are worth much more by the time you earn your septuagenarian badge.
  • when we ran the numbers, we found they weren’t random at all.
  • White folks are about three times more likely to inherit than their Black, Hispanic or Asian friend
  • it remains vast enough to help explain why the typical White family has more than six times the net worth of the typical Black American famil
  • Up and down the demographic charts, it appears to be a case of to whom much is given … much more is given
  • Folks in the bottom 50 percent of earners inherit at half the national rate, while those in the top 1 percent are twice as likely to inherit something.
  • he confirmed that inheritances make the rich richer. But a rich kid’s true inheritance goes far beyond cash value: In a million less-measurable ways, elite parents give you a head start in life. By the time they die and hand you a windfall, you’ve already used all your advantages to accumulate wealth of your own.
  • “It’s not just the dollar amount that you get when your parents die,” Ricco said. “It’s the safety net that you had to start a business when you were younger, or the ability to put down a larger share of your savings into a down payment and a house because you know that you can save less for retirement.
  • “Little things like that are probably the main mechanisms through which intergenerational wealth is transmitted and are not easily captured just by the final value of what you see.”
  • Just one variable — how much you inherit — can account for more than 60 percent of U.S. wealth inequality
  • So, if you had to guess someone’s economic station in life and you could peek at only one data point, inheritance would be a pretty good bet. It’s one of the clearest socioeconomic signals on the planet.
  • “They actually reflect many advantages, many inequalities of opportunities that we face.”
  • The U.S. tax system does little to temper our uneven inheritance. Consider the stepped-up basis provision, “one of the most egregious (tax loopholes) that we have,”
  • When you sell something at a profit, you typically pay capital gains tax. But you can avoid that tax by holding the asset until you expire. At your death, the cost basis of your assets gets stepped up to their current value — meaning your heirs avoid getting taxed on what might be a very substantial gain.
  • Say you’re a natural-soda fan who bought $1,000 of Hansen Natural Corp. stock in 2000. You watched your money grow to more than $1.15 million as sleepy Hansen became the world-eating Monster Beverage Corp. Selling the stock would force you to pay capital gains on more than $1 million in earnings, so instead, you took it to the grave
  • (If you needed cash, you probably borrowed against your stockpiled stock pile, a common strategy among the 1 percent.)
  • If your heirs sell it, they’ll pay no taxes. If the value of the stock rises to, say, $1.151 million, they would owe taxes only on that extra $1,000.
  • Now multiply that loophole by the millions of homes, businesses, equities and other assets being handed down each year
  • It encourages older folks to hoard homes and businesses they can no longer make full use of, assets our housing-starved millennial readers would gladly snap up.
  • Early on, Goldwein said, it may have been considered necessary because it was difficult to determine the original value of long-held property. Revenue lost to the loophole was partly offset by a simpler-to-administer levy: the estate tax.
  • For now, you’ll pay the federal estate tax only on the part of your fortune that exceeds $12.92 million ($25.84 million for couples), and rising to $13.61 million in 2024 — and that’s only if your tax lawyers aren’t smart enough to dodge it.
  • “Between politicians continuing to cut the estate tax and taxpayers becoming increasingly good at avoiding it, very few now pay it,” Goldwein said. “That means we now have a big net tax break for most people inheriting large amounts of money.”
  • Kumon presents a convincing explanation: If you didn’t produce a male heir in Japan, it was customary to adopt one. A surplus son from another family would marry into yours. That kept your property in the family.
  • In Europe, if an elite family didn’t produce a male heir, which happened more than a quarter of the time, the default was for a daughter to marry into another well-off family and merge assets. So while Japanese family lines remained intact from generation to generation, European family lines merged, concentrating wealth into fewer and fewer hands.
  • As other families compete to marry into the Darcys’ colossal estate — spoiler for a novel from 1813! — inequality increases.
  • Given a few centuries, even subtle variations in inheritance patterns can produce sweeping societal differences.
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