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Javier E

Business - Lori Gottlieb - Why There's No Such Thing as 'Having It All'-and There Never... - 1 views

  • somebody has to state two basic facts:
  • Nobody, male or female, married or single, young or old, tall or short, educated or not, pretty or plain, wealthy or poor, with kids or without, can have it all -
  • Recognizing this makes people happier!
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  • High powered jobs come with high-powered workloads, high-powered commitments and, often, high-powered salaries. If that's what a person -- male or female, kids or no kids -- chooses, trade-offs will always be involved, whether you're trading your sleep, your health, your leisure time, your social life, or time with your kids.
  • any reasonable adult would explain that the world does not revolve around one particular person; that the child can't be two places at the same time; that she must choose one activity or the other; and that, in so choosing, she gains one opportunity but forfeits another.
  • How does a smart woman like Slaughter still believe in the childlike notion that people (of either gender) can have whatever they want whenever they want it, regardless of life's intrinsic constraints?
  • I work from home three days a week and am away at my office the other two, and as far as my son is concerned, my being home is no different from my being at the office. Am I spending quality time with my son when I'm working from home? No. I'm working! Would I get any work done if I were interacting with my son while trying to focus and write on deadline? Of course not.
  • So why do women with choices have such a hard time accepting this? Thirty years ago women used to complain that they wanted "a wife." Now that women like Slaughter have wives (in the guise of her husband who, functioning as a single dad, took care of two kids and the entire household every weekday for two years while he also held down a job and earned a living), they don't like being the husband very much. To their surprise, it turns that husbands don't "have it all" either. And Slaughter is mad as hell to have worked this hard and given up so much only to discover that being the husband kind of sucks. Being the husband requires far more compromise than she and many high-powered women ever imagined.
  • Most women, given the luxury of choice, might or might not decide to work in some capacity, but they wouldn't decide to be high-powered executives, even if they had the talent, education, and opportunity to do so. As Slaughter discovered about her own desires, they'd rather be doing the carpools and play dates and volunteering at school and staying home when their child has strep throat without suffering massive amounts of guilt. They don't want to die young and look ten years older than their actual age because of undue amounts of stress trying to keep up with their kids' lives and hold down a demanding job at the same time.
  • Just as Slaughter wants it both ways, so does the rhetoric around gender. Look at the recent covers of this magazine. On the one hand, women are told that they're superior to men (Hanna Rosin's "The End of Men," Kate Bolick's there's-a-scarcity-of-men-in-my-league "All the Single Ladies") and in the same breath, that they're victims of them (Slaughter's piece).
  • The real problem is that technology has made it possible to work 24/7, so that the boundary between work and our personal lives has disappeared. Our cubicles are in our pockets, at the dinner table, next to our beds and even next to our children's beds as we're tucking them in. In many households, one income isn't enough, and both men and women have to work long hours -- longer hours than ever before -- to make ends meet.
  • The problem here is that many people work too much -- not just women, and not just parents.
Javier E

The Great Disconnect - NYTimes.com - 0 views

  • A sense of proportion, once the conservative virtue, is considered treasonous on the right today
  • how large a stake conservatives have in convincing themselves and voters that Reagan failed. Think about it: if they conceded ideological victory they would have to confront the more prosaic reasons that entitlements, deficits and regulations continue to grow in Republican and Democratic administrations alike. They would be forced to devise a new, forward-looking agenda to benefit even their own constituencies, like ensuring that American business can draw on an educated, healthy work force; can rely on modern public infrastructure; and can count on stable, transparent financial markets. And they would have to articulate a conservative vision for those welfare state programs that are likely to remain with us, like disability insurance, food stamps and Head Start.
  • Conservatives have always been great storytellers; it is their fatal weakness. They love casting their eyes back to the past to avoid seeing what lies right under their noses. The story always involves some expulsion from Eden, whether by the hippies of the 1960s, or the suffragists, or the wretched refuse of the shtetls, or the French Revolution, or the Enlightenment, or Luther, or Machiavelli or the sack of Rome.
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  • For some years now the Claremont Institute has been promoting the idea that Wilson was a kind of double agent, whipping the Huns in World War I while surreptitiously introducing the Hegelian bacillus into the American water supply and turning us into zombie-slaves of an elite-run progressivist State.
  • Yes, the hydra-headed Progressive movement, resisting varied but real economic threats to democratic self-­government, did extend the jurisprudential limits of government activity in ways that were wise and sometimes not so wise. Yes, the New Deal did convince Americans that citizens are not road kill and that government can legitimately protect public welfare and basic human dignity. And yes, the Great Society’s liberal architects vastly overreached and overpromised, destroying the public’s confidence in active government and threatening the solid achievements of the New Deal and the Progressive Era.
  • Reagan did in fact restore (then overinflate) America’s self-confidence, and he did bequeath to Republicans a clear ideological alternative to Progressivism. But he also transformed American liberalism. As an author named Barack Obama once wrote, Reagan “put us on a fundamentally different path because the country was ready for it.” By delegitimizing Great Society liberalism and emphasizing growth, he forced the Democratic Party back toward the center, making the more moderate presidencies of Bill Clinton and Barack Obama possible. Reagan won the war of ideas, as everyone knows. Except conservatives.
  • Conservatives need a psychological specialist, someone at the level of the great Jewish sage and sometime physician Maimonides. In the late 12th century Maimonides received a letter from a group of rabbis in Marseille who had worked themselves into a frenzy over astrological predictions of the End Times. His prescription — I translate loosely from the Hebrew — was, Get a grip!
  • By now conservative intellectuals and media hacks have realized that it’s much easier to run a permanent counterrevolution out of their plush think-tank offices and television studios than to reflect seriously, do homework and cut a deal. All they have to do is spook their troops into believing that the Progressive Idea is still on the march and that they are setting out to meet it at Armageddon.
  • the conservatives have also spooked themselves. They now really believe the apocalyptic tale they’ve spun, and have placed mild-mannered Barack Obama at the center of it.
  • Kesler admits that “Obama is at pains to be, and to be seen as, a strong family man, a responsible husband and father urging responsibility on others, a patriot, a model of pre-’60s, subliminally anti-’60s, sobriety.” But that’s just a disguise. In fact, he’s the “latest embodiment of the visionary prophet-statesman” of the Progressives, someone who “sees himself engaged in an epic struggle” whose success will mean “the Swedenization of America.”
  • what is Kesler’s evidence for these extravagant claims? He hasn’t any. Early in the book he writes that Obama came to office planning “bold, systemic changes to energy policy, environmental regulation, taxation, foreign policy” — though he never describes these plans and in fact never mentions them again. He carefully avoids Obama’s moderate record
  • the right’s rage against Obama, which has seeped out into the general public, has very little to do with anything the president has or hasn’t done. It’s really directed against the historical process they believe has made America what it is today. The conservative mind, a repository of fresh ideas just two decades ago, is now little more than a click-click slide projector holding a tray of apocalyptic images of modern life that keeps spinning around, raising the viewer’s fever with every rotation.
  • more than a few of our fellow citizens are loathing themselves blind over Barack Obama. Why?
  • Whenever conservatives talk to me about Barack Obama, I always feel quite certain that they mean something else. But what exactly? The anger, the suspicion, the freestyle fantasizing have no perceptible object in the space-time continuum that centrist Democrats like me inhabit. What are we missing? Seen from our perspective, the country elected a moderate and cautious straight shooter committed to getting things right and giving the United States its self-­respect back after the Bush-Cheney years.
  • Kesler’s history of Progressivism doesn’t involve real public figures making real choices about real policies under real constraints in real time. It follows the determined historical journey of the Progressive Idea in words, from the New Freedom platform of Wilson’s first campaign, down through the New Deal speeches of Franklin Roosevelt (who spoke German as a child), then to Lyndon Johnson’s announcements of the War on Poverty and the Great Society. Once that rhetorical lineage is established, he then tries to show how the Idea spread out into American culture at large, bringing with it existentialist self-absorption, moral relativism and passivity in the face of the new administrative state, so that by the midcentury we nearly became Europeans (only fatter)
Conner Armstrong

Obama Calls for Overhaul of N.S.A.'s Phone Data Collection Program - NYTimes.com - 0 views

  • “to both defend our nation and uphold our civil liberties,” announced carefully calculated changes to surveillance policies on Friday, saying he would restrict the ability of intelligence agencies to gain access to telephone data, and would ultimately move that data out of the hands of the government.
  • and left the implementation of many of his changes up to Congress and the intelligence agencies themselves.
  • America’s capabilities are unique,” Mr. Obama said. “And the power of new technologies means that there are fewer and fewer technical constraints on what we can do. That places a special obligation on us to ask tough questions about what we should do.”
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  • The president did not accept one of the most significant recommendations of his own advisory panel on surveillance practices: requiring prior court approval for so-called national security letters, which the government uses to demand information on individuals from companies. And in leaving much of the implementation up to Congress, he most likely opened the door to extremely contentious b
  • what’s really at stake is how we remain true to who we are in a world that is remaking itself at dizzying speed.”
Javier E

What American Healthcare Can Learn From Germany - Olga Khazan - The Atlantic - 0 views

  • Every German resident must belong to a sickness fund, and in turn the funds must insure all comers. They’re also mandated to cover a standard set of benefits, which includes most procedures and medications. Workers pay half the cost of their sickness fund insurance, and employers pay the rest. The German government foots the bill for the unemployed and for children. There are also limits on out-of-pocket expenses, so it’s rare for a German to go into debt because of medical bills.
  • this is very similar to the health-insurance regime that Americans are now living under, now that the Affordable Care Act is four years old and a few days past its first enrollment deadline.
  • There are, of course, a few key differences. Co-pays in the German system are minuscule, about 10 euros per visit. Even those for hospital stays are laughably small by American standards: Sam payed 40 euro for a three-day stay for a minor operation a few years ago
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  • nearly five million Americans fall into what’s called the “Medicaid gap”
  • In Germany, employees' premiums are a percentage of their incomes, so low-wage workers simply pay rock-bottom insurance rates.
  • Germany actually pioneered this type of insurance—it all started when Otto von Bismarck signed his Health Insurance Bill of 1883 into law. (It’s still known as the “Bismarck model” because of his legacy, and other parts of Europe and Asia have adopted it over the years.)
  • You can think of this setup as the Goldilocks option among all of the possible ways governments can insure health. It's not as radical as single-payer models like the U.K.’s, where the government covers everyone. And it's also not as brutal as the less-regulated version of the insurance market we had before the ACA.
  • Since there are no provider networks in Germany, doctors don’t know what other providers patients have seen, so there are few ways to limit repeat procedures.
  • All things considered, it’s good to be a sick German. There are no network limitations, so people can see any doctor they want. There are no deductibles, so Germans have no fear of spending hundreds before their insurance ever kicks in.
  • There’s also no money that changes hands during a medical appointment. Patients show their insurance card at the doctor’s office, and the doctors' association pays the doctor using money from the sickness funds. "You don’t have to sit at home and sort through invoices or wonder if you overlooked fine print,”
  • That insurance card, by the way, is good for hospital visits anywhere in Europe.
  • of all of the countries studied, Germans were the most likely to be able to get a same-day or next-day appointment and to hear back from a doctor quickly if they had a question. They rarely use emergency rooms, and they can access doctors after-hours with ease.
  • And Germany manages to put its health-care dollars to relatively good use: For each $100 it spends on healthcare, it extends life by about four months, according to a recent analysis in the American Journal of Public Health. In the U.S., one of the worst-performing nations in the ranking, each $100 spent on healthcare resulted in only a couple of extra weeks of longevity.
  • those differences aside, it’s fair to say the U.S. is moving in the direction of systems like Germany’s—multi-payer, compulsory, employer-based, highly regulated, and fee-for-service.
  • The German government is similarly trying to push more people into “family physician” programs, in which just one doctor would serve as a gatekeeper.
  • like the U.S., Germany may see a shortage of primary-care doctors in the near future, both because primary-care doctors there don’t get paid as much as specialists, and because entrenched norms have prevented physician assistants from shouldering more responsibility
  • With limitations on how much they can charge, German doctors and hospitals instead try to pump up their earnings by performing as many procedures as possible, just like American providers do.
  • Similarly, “In Germany, it will always be an operation,” Göpffarth said. “Meanwhile, France and the U.K. tend to try drugs first and operations later.”
  • With few resource constraints, healthcare systems like America's and Germany's tend to go with the most expensive treatment option possible. An American might find himself in an MRI machine for a headache that a British doctor would have treated with an aspirin and a smile.
  • Perhaps the biggest difference between our two approaches is the extent to which Germany has managed to rein in the cost of healthcare for consumers. Prices for procedures there are lower and more uniform because doctors’ associations negotiate their fees directly with all of the sickness funds in each state. That's part of the reason why an appendectomy costs $3,093 in Germany, but $13,000 in the U.S.
  • Now, Maryland is going a step further still, having just launched a plan to cap the amount each hospital can spend, total, each year. The state's hospital spending growth will be limited to 3.58 percent for the next five years. “We know that right now, the more [doctors] do, the more they get paid,” John Colmers, executive director of Maryland’s Health Services Cost Review Commission, told me. “We want to say, ‘The better you do, the better you get paid.’”
  • certain U.S. states have tried a more German strategy, attempting to keep costs low by setting prices across the board. Maryland, for example, has been regulating how much all of the state’s hospitals can charge since 1977. A 2009 study published in Health Affairs found that we would have saved $2 trillion if the entire country’s health costs had grown at the same rate as Maryland’s over the past three decades.
  • “In Germany, there is a uniform fee schedule for all physicians that work under the social code,” Schlette said. “There’s a huge catalogue where they determine meticulously how much is billed for each procedure. That’s like the Bible.”
  • “The red states are unlikely to follow their lead. The notion that government may be a big part of the solution, instead of the problem, is anathema, and Republican controlled legislatures, and their governors, would find it too substantial a conflict to pursue with any vigor.”
  • no other state has Maryland’s uniform, German-style payment system in place, “so Maryland starts the race nine paces ahead of the other 46 states,” McDonough said.
  • the unique spirit of each country is what ultimately gets in its way. Germany’s more orderly system can be too rigid for experimentation. And America’s free-for-all, where hospitals and doctors all charge different amounts, is great for innovation but too chaotic to make payment reforms stick.
  • rising health costs will continue to be the main problem for Americans as we launch into our more Bismarckian system. “The main challenge you’ll have is price control,” he said. “You have subsidies in health exchanges now, so for the first time, the federal budget is really involved in health expenditure increases in the commercial market. In order to keep your federal budget under control, you’ll have to control prices.”
Javier E

Lethal Drones: Coming Soon to Every Country That Wants Them - Conor Friedersdorf - The ... - 0 views

  • Within 10 years, "virtually every country on Earth will be able to build or acquire drones capable of firing missiles," Defense One reports. "Armed aerial drones will be used for targeted killings, terrorism and the government suppression of civil unrest." 
  • The best chance for future success would require us to put constraints on American behavior before other countries match our technology. That would create a short-term disadvantage, but it could pay huge long-term dividends.
  • Instead, the United States seems intent on developing weaponized drones that also operate autonomously. By the time an article can be written about how every country will have that technology available to them, it will be too late to stop it. 
Javier E

You've Got to Have (150) Friends - NYTimes.com - 0 views

  • Our circle of actual friends remains stubbornly small, limited not by technology but by human nature. What Facebook has done, though, is provide us a way to maintain those circles in a fractured, dynamic world.
  • The critical component in social networking is the removal of time as a constraint. In the real world, according to research by myself and others, we devote 40 percent of our limited social time each week to the five most important people we know, who represent just 3 percent of our social world and a trivially small proportion of all the people alive today. Since the time invested in a relationship determines its quality, having more than five best friends is impossible when we interact face to face, one person at a time.
  • our minds are not designed to allow us to have more than a very limited number of people in our social world. The emotional and psychological investments that a close relationship requires are considerable, and the emotional capital we have available is limited.
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  • most of us can maintain only around 150 meaningful relationships, online and off — what has become known as Dunbar’s number.
  • This isn’t to say that Facebook and its imitators aren’t performing an important, even revolutionary, task — namely, to keep us in touch with our existing friends. Until relatively recently, almost everyone on earth lived in small, rural, densely interconnected communities, where our 150 friends all knew one another, and everyone’s 150 friends list was everyone else’s.
  • Emotional closeness declines by around 15 percent a year in the absence of face-to-face contact, so that in five years someone can go from being an intimate acquaintance to the most distant outer layer of your 150 friends.
  • Facebook and other social networking sites allow us to keep up with friendships that would otherwise rapidly wither away. And they do something else that’s probably more important, if much less obvious: they allow us to reintegrate our networks so that, rather than having several disconnected subsets of friends, we can rebuild, albeit virtually, the kind of old rural communities where everyone knew everyone else.
Javier E

Eurozine - Multiculturalism at its limits? - Kenan Malik, Fero Sebej Managing diversity... - 0 views

  • part of the problem is confusion over what we mean by multiculturalism. It can mean one of two things. First: diversity as lived experience. Second: multiculturalism as a political process.
  • To talk of diversity as lived experience is to talk of the experience of living in a society that, through mass immigration, has become more open, more vibrant and more cosmopolitan.
  • But multiculturalism as a political process has come to mean something very different, namely the process of managing that diversity by putting people into ethnic boxes. It's a process through which cultural differences are institutionalized, publicly affirmed, recognized and institutionalized; through which political
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  • why is diversity good? Diversity isn't good in and of itself; it's good because it allows us to expand our horizons, to break out of the boxes – by they cultural, ethnic, or religious – in which we find ourselves. To think about other values, other beliefs, other lifestyles, to make judgements upon those values and beliefs and lifestyles. To enter, in other words, into a dialogue, a debate, through which a more universal language of citizenship can arise. It is precisely such dialogue and debate that multiculturalism as a political process undermines and erodes in the name of "respect" and "tolerance".
  • I think the very notion of multiculturalism is an irrational one. It assumes from the start that societies are composed of cultures that somehow relate to each other externally, as it were. Here is one culture, here's another, and there's another, and these cultures then interact with each other. In fact cultures aren't like that: cultures are living, organic entities that constantly change. There is no such thing as a multicultural society. There are societies with a variety of cultural forms, beliefs, lifestyles, values – in fact, virtually every society embodies such diversity – but to say that is to say something very different thing to the claim that a society is "multicultural".
  • Societies have always been conflictual, riven by class differences, generational differences, gender differences, ideological differences. But today we tend to see social clashes in a very narrow way, in terms of religion, faith and culture, because we have come to see identity in very narrow ways. The debate about multiculturalism is a debate in which certain differences – culture, ethnicity and faith – have come to be regarded as important and others – such as class, say, or generation – as less relevant.
  • There are two ways over the past half-century in which we've stopped treating people as citizens. One is through racism. The racist says "you're not a citizen, you don't have full rights in this society because you have a different skin colour, you are foreign", etc. The second is multiculturalism. The multiculturalist says: "we treat you not as an individual citizen, but as a Muslim or a Hindu or a Sikh or a black". The irony is that multiculturalism developed as an attempt to combat the problems created by racism. But it has recreated many of the problems by treating people not as citizens but as members of groups, and by formulating public policy in relation to those groups and not in relation to the needs of individual citizens.
  • we have to say that the multicultural policies were flawed from the very beginning: it wasn't as if this was a good set of policies that somehow eroded over time. The fact is that it was a lot easier to combat racism by saying to people "go on, follow your own values, cultures, lifestyles, beliefs, we will fund your festival, your dance troupe, your cultural centre"... we used to call it the "saree, samosa and steel band brigade".
  • What has happened is that the very notion of equality has transformed over the last twenty years. Equality used to mean that everybody was treated the same despite their differences. Now it's come to me that everybody is treated differently because of those differences.
  • Fighting racism doesn't mean I have to limit freedom of expression. I hate racist jokes, but I would protect the right of people to tell them. They are really ugly and stupid, but I wouldn't dream of regulating it by law. Actually, I do not believe in collective rights. I think everyone should be treated equally, but people also need to be free to live how they prefer. Fighting violent racism is something that should be done by law enforcement authorities. But it is also the responsibility of the cultural elites: to make racism something one should be ashamed of. It's a matter of education, I think. Not of laws limiting free speech.
  • As for the relationship between multiculturalism and constraints on free speech, an argument has developed that runs something like this: we live in a society where there are lots of different peoples and cultures, each with deeply set, often irreconcilable, views and beliefs. In such a society we need to restrict what people say or do in order to minimize friction between cultures and to guarantee respect for people embedded in different cultures.
  • it is precisely because we live in a plural society that we need the most robust defence of free speech possible. It seems to me that in a plural society, the giving of offence is both inevitable and necessary. It is inevitable because we do have societies with deep-seated, conflicting views. But it's far better to have those conflicts out in the open than to suppress them in the name of respect and tolerance. But most importantly, the giving of offence is necessary because no kind of social change or social progress is possible without offending some group of other. When people say, "you are offending me", what they are really saying is, "you can't say that because I don't want my beliefs to be questioned or ridiculed or abused." That seems to me deeply problematic.
  • The real issue is not actually the threat of violence from Islamists. It is something much more internal to western societies, the sense that it is morally wrong to give offence to other groups and cultures. People are frightened of doing things because they fear the repercussions, but they are also frightened of doing things because they think it is morally wrong to offend other people and other cultures. And I think that is a much greater problem. We should say it is morally right to offend people. That is what a plural society is. If we want to live in a plural society, the price of a plural society – though I don't see it as a price, I think it is the value of the plural society – is that we confront each other. That is what is good about plural society.
  • We also need to make a distinction between colour blindness and racism blindness. The two have become confused, so that in France, for instance, arguments against multiculturalism have become an argument in defence of racism. Discriminatory policies, and not just against the Roma, but also against Muslims and others, have been defended on the basis that they are necessary for assimilation. The law outlawing the burqa, for instance. In one sense assimilation means treating individuals as citizens and not as members of a particular group. That seems to me to be a very good thing. But that is not what assimilation has come to mean in practice somewhere like France, where policies of assimilation have re
  • sulted in the authorities treating different groups of people differently by pointing up their differences, insisting that certain groups – Muslims or the Roma, for example – cannot belong to our culture, to our society, because their culture, their values, their ways of life are so different and inimical to ours. That is the way assimilation policies have developd and I think that is very dangerous.
  • Part of the problem of multiculturalism is that the distinction between the public and the private realms have become eroded. We need to defend the right of people to pursue their values, their lifestyles, their beliefs in private. By "private", I don't mean in the privacy of their homes, but in those areas of life distinct from the state and state institutions. But we also need to ensure that, in the public realm, the state does not treat people differently because of their particular values, beliefs or lifestyles. The ideal plural society is one where people have perfect freedom to pursue their beliefs, values and lifestyles in private but in public are treated as citizens, whatever those lifestyles, beliefs and values are. Multiculturalism has come to mean the very opposite: people are treated differently in the public realm because of their values, beliefs and lifestyles, but at the same time restrictions are placed upon the private realm, on what one can say or do, because of fear of giving offence.
  • There are two problems with granting people rights by virtue of their belonging to a group, as opposed to their being citizens with specific social, economic and other needs. First, the group becomes a focus not only for providing rights, but also for prejudice: you deal not with the problems of individual Roma, but the imputed problems of Roma as a whole. Second, you deny the same rights to other groups, to others who don't happen to be in that group, such as Muslims.
  • The point about free speech is this: who is it that benefits from censorship? Is it those in power, or is it those without power? It seems to me that the only people to benefit from censorship are those with the power to enforce that censorship and the need to do so. Those who have no power are much better served by as little censorship as possible. Free speech is always the weapon in the hands of those who want to challenge power and censorship is always a weapon in those who want to preserve their power. That's why I think anyone who wants to challenge racism should support of the greatest extension of free speech possible.
Javier E

Can Jeremy Grantham Profit From Ecological Mayhem? - NYTimes.com - 0 views

  • Energy “will give us serious and sustained problems” over the next 50 years as we make the transition from hydrocarbons — oil, coal, gas — to solar, wind, nuclear and other sources, but we’ll muddle through to a solution to Peak Oil and related challenges. Peak Everything Else will prove more intractable for humanity. Metals, for instance, “are entropy at work . . . from wonderful metal ores to scattered waste,” and scarcity and higher prices “will slowly increase forever,” but if we scrimp and recycle, we can make do for another century before tight constraint kicks in.
  • Agriculture is more worrisome. Local water shortages will cause “persistent irritation” — wars, famines. Of the three essential macro nutrient fertilizers, nitrogen is relatively plentiful and recoverable, but we’re running out of potassium and phosphorus, finite mined resources that are “necessary for all life.” Canada has large reserves of potash (the source of potassium), which is good news for Americans, but 50 to 75 percent of the known reserves of phosphate (the source of phosphorus) are located in Morocco and the western Sahara. Assuming a 2 percent annual increase in phosphorus consumption, Grantham believes the rest of the world’s reserves won’t last more than 50 years, so he expects “gamesmanship” from the phosphate-rich.
  • he rates soil erosion as the biggest threat of all. The world’s population could reach 10 billion within half a century — perhaps twice as many human beings as the planet’s overtaxed resources can sustainably support, perhaps six times too many.
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  • most economists see global trade as a win-win proposition, but resource limitation turns it into a win-lose, zero-sum contest. “The faster China grows, the higher grain prices go, the more people in China or India who upgrade to meat, the higher the tendency for Africa to starve,” he said.
  • Grantham argues that the late-18th-century doomsayer Thomas Malthus pretty much got it right but just had the bad timing to make his predictions about unsustainable population growth on the eve of the hydrocarbon-fueled Industrial Revolution, which “partially removed the barriers to rapid population growth, wealth and scientific progress.” That put off the inevitable for a couple of centuries, but now, ready or not, the age of cheap hydrocarbons is ending. Grantham’s July letter concludes: “We humans have the brains and the means to reach real planetary sustainability. The problem is with us and our focus on short-term growth and profits, which is likely to cause suffering on a vast scale. With foresight and thoughtful planning, this suffering is completely avoidable.”
  • “E.D.F. is educating people that dealing with climate change will be good for the economy and job creation. One of Jeremy’s insights is that we can make headway on the market side because higher commodity prices will enforce greater efficiency.”
  • When he reminds us that modern capitalism isn’t equipped to handle long-range problems or tragedies of the commons (situations like overfishing or global warming, in which acting rationally in your own self-interest only deepens the harm to all), when he urges us to outgrow our touching faith in the efficiency of markets and boundless human ingenuity, and especially when he says that a wise investor can prosper in the coming hard times, his bad news and its silver lining come with a built-in answer to the skeptical question that Americans traditionally pose to egghead Cassandras: If you’re so smart, how come you’re not rich?
  • Grantham believes that the best approach may be to recast global warming, which depresses crop yields and worsens soil erosion, as a factor contributing to resource depletion. “People are naturally much more responsive to finite resources than they are to climate change,” he said. “Global warming is bad news. Finite resources is investment advice.”
  • “Americans are just about the worst at dealing with long-term problems, down there with Uzbekistan,” he said, “but they respond to a market signal better than almost anyone. They roll the dice bigger and quicker than most.”
  • Grantham, the public face of a company that manages more than $100 billion in assets, the very embodiment of a high-finance insider in blue blazer and yellow tie, has serious doubts about capitalism’s ability to address the biggest problems facing humanity.
  • Grantham says that corporations respond well to this message because they are “persuaded by data,” but American public opinion is harder to move, and contemporary American political culture is practically dataproof. “The politicians are the worst,” he said. “An Indian economist once said to me, ‘We have 28 political parties, and they all think climate change is important.’ ” Whatever the precise number of parties in India, and it depends on how you count, his point was that the U.S. has just two that matter, one that dismisses global warming as a hoax and one that now avoids the subject.
  • Grantham, who says that “this time it’s different are the four most dangerous words in the English language,” has become a connoisseur of bubbles. His historical study of more than 300 of them shows the same pattern occurring again and again. A bump in sales or some other impressive development causes people to get excited. When they do, the price of that asset class — South Sea company shares, dot-coms — goes up, and human nature and the financial industry conspire to push it higher. People want to hear good news; they tend to be bad with numbers and uncertainty, and to assume that present conditions will persist. In the financial industry, the imperative to minimize career risk produces herd behavior.
  • So it’s news when Grantham, who has built his career on the conviction that peaks and troughs will even out as prices inevitably revert to their historical mean, says that this time it really is different, and not in a good way. In his April letter, “Time to Wake Up: Days of Abundant Resources and Falling Prices Are Over Forever,” he argued that “we are in the midst of one of the giant inflection points in economic history.” The market is “sending us the Mother of all price signals,” warning us that “if we maintain our desperate focus on growth, we will run out of everything and crash.”
  • here’s the short version: “The prices of all important commodities except oil declined for 100 years until 2002, by an average of 70 percent. From 2002 until now, this entire decline was erased by a bigger price surge than occurred during World War II. Statistically, most commodities are now so far away from their former downward trend that it makes it very probable that the old trend has changed — that there is in fact a Paradigm Shift — perhaps the most important economic event since the Industrial Revolution.”
  • When prices go up and stay up, it’s not a bubble. Prices may always revert to the mean, but the mean can change; that’s a paradigm shift. As Grantham tells it, oil went first. For a century it steadily returned to about $16 a barrel in today’s currency, then in 1974 the mean shifted to about $35, and Grantham believes it has recently doubled again. Metals and nearly everything else — coal, corn, palm oil, soybeans, sugar, cotton — appear to be following suit. “From now on, price pressure and shortages of resources will be a permanent feature of our lives,” he argues. “The world is using up its natural resources at an alarming rate, and this has caused a permanent shift in their value. We all need to adjust our behavior to this new environment. It would help if we did it quickly.”
  • Grantham is taking the Malthusian side in an ongoing debate about growth and commodity prices­. The argument often circles back to the bet made in 1980 between the biologist Paul Ehrlich, who foretold catastrophic scarcity caused by overpopulation, and the economist Julian Simon, who argued that any short-term increase in resource prices caused by population growth will stimulate inventors and entrepreneurs to find new ways to exploit those resources, lowering prices in the long run. The two men picked five commodities and wagered on whether their prices, taken as an indicator of scarcity, would be higher or lower in 1990. Simon won, 5-0, even though the world’s population grew by 800 million during that decade. Malthusians have been trying to live down that defeat ever since, but, as Grantham points out in his July letter, if we extend the original bet past its arbitrary 10-year limit to the present day, Ehrlich wins the five-commodity bet 4-1, and he wins big if the bet is further extended to all important commodities.
  • He’s an impassioned environmentalist not only for the usual reasons but also because he believes humanity’s vexed relationship with the planet is the great economic story of our time. “This commodities thing may turn out to be the most interesting call of my career,” he told me. “I have no doubt we’re going to have a bad hundred years. We have the resources to gracefully handle the transition, but we won’t. We apparently can’t.”
  • “Whether the stable population will be 1.5 billion or 5 billion,” he said to me, “the question is: How do we get there?”
Javier E

A Fast and Furious 'Macbeth' at Park Avenue Armory - NYTimes.com - 0 views

  • The actual playing area is modeled after the 19th-century deconsecrated church in Manchester, England, where I first saw this “Macbeth” (as part of the Manchester International Festival) last summer. Once again, there is a central aisle between tiers of benches that turn the audience into a cross between guilty churchgoers and prurient spectators at a bullfight. And once again, there is a chancel at one end, with an altar ablaze with devotional candles
  • But Mr. Oram has scaled up his original designs and, free of the constraints of working in an existing church, has shifted the emphasis from the ecclesiastic to the chthonic. Theatergoers herded into the Armory’s main hall (and herded they are, having been divided into seating groups with names of Scottish clans) walk a stone path toward an ominous, Stonehenge-like structure.
  • The production begins in medias res: a full-throttle battle fought in the aisle between the seating areas. The floor is dark dirt, soon to be moistened by rain and blood. And throughout the show, people will grab handfuls of it, flinging it in wide arcs, as if to further besmirch the always crepuscular skies.
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  • Seeing clearly, of course, isn’t easy in a world of endless night. And Mr. Austin’s lighting summons shadows pregnant with menace — all the characters keep looking over their shoulders to make sure they’re alone — and with dreams that take on flesh. Mr. Ashford uses his experience as a celebrated director of musicals to stunning, time-bending effect here, in sequences that include a funeral that turns into a coronation and a mesmerizing procession of royal apparitions.
Javier E

For Stanford Class of '94, a Gender Gap More Powerful Than the Internet - NYTimes.com - 0 views

  • “The Internet was supposed to be the great equalizer,” said Gina Bianchini, the woman who had appeared on the cover of Fortune. “So why hasn’t our generation of women moved the needle?”
  • identity politics pushed many people into homogeneous groups; Scott Walker, one of the only African-Americans in the class to try founding a start-up, said in an interview that he regretted spending so much time at his all-black fraternity, which took him away from the white friends from freshman year who went on to found and then invest in technology companies.
  • But there were still many hoops women had greater trouble jumping through — components that had to be custom-built, capital that needed to be secured from a small number of mostly male-run venture firms.
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  • But with the web, “all of the sudden we began moving to a market where first mover advantage became enormous,” he said. Connection speeds were growing faster, Americans were starting to shop online, and multiplying e-commerce sites fought gladiatorial battles to control most every area of spending.
  • If the dawn of the start-up era meant that consumer-oriented ideas were becoming more important than proprietary technology, he asked himself aloud, shouldn’t more women have flooded in?
  • “The notion that diversity in an early team is important or good is completely wrong,” he added. “The more diverse the early group, the harder it is for people to find common ground.”
  • David Sacks, on the other hand, was unmarried and unencumbered, and in 1999 he left politics, his law degree and a job at the consulting firm McKinsey & Company to join his Stanford Review friends at a technology start-up, because of “the desire to live on the edge, to fight an epic battle, to experience in a very diluted way what previous generations must have felt as they prepared to go to war,” he wrote at the time. For his generation, he wrote, “instead of violence, unbridled capitalism has become the preferred vehicle for channeling their energy, intellect and aggression.”
  • his lack of social grace became an asset, according to Mr. Thiel and other former colleagues. He did not waste time on meetings that seemed pointless, and he bluntly insisted that the engineers whittle an eight-page PayPal registration process down to one.
  • But those debates did a great deal for Mr. Sacks. After graduation, he and Mr. Thiel published “The Diversity Myth,” a book-length critique of Stanford’s efforts. Within a few more years, he, Mr. Thiel, Mr. Rabois and others had transformed themselves into a close-knit network of technology entrepreneurs — innovators who created billion-dollar business after billion-dollar business, using the ideas, ethos and group bonds they had honed at The Stanford Review.
  • he and Mr. Thiel now had a setting in which to try out their ideas about diversity and meritocracy. “In the start-up crucible, performing is all that matters,” Mr. Sacks wrote about that time. He wanted to give all job applicants tests of cognitive ability, according to his colleague Keith Rabois, and when the company searched for a new chief executive, one of the requirements was an I.Q. of 160 — genius level.
  • intentionally or not, he stated something many people quietly believed: The same thing that made Silicon Valley phenomenally successful also kept it homogeneous, and start-ups had an almost inevitable like-with-like quality.
  • The kind of common ground shared by the early PayPal leaders “is always the critical ingredient on the founding teams,” Mr. Thiel said in an interview. “You have these great friendships that were built over some period of time. Silicon Valley flows out of deep relationships that people have built. That’s the structural reality.”
  • Another woman from the class of 1994 was quoted in the Fortune article: Trae Vassallo, who was Traci Neist when she built the taco-eating machine all those years ago, attended Stanford Business School with Ms. Herrin and Ms. Bianchini, co-founded a mobile device company, and then joined Kleiner Perkins, a premier venture capital firm.
  • The success of the struggle to create PayPal, and its eventual sale price, gave the men a new power: the knowledge to create new companies and the ability to fund their own and one another’s. Billion-dollar start-ups had been rare. But in the next few years, the so-called PayPal Mafia went on to found seven companies that reached blockbuster scale, including YouTube, LinkedIn, Yelp and a business-messaging service called Yammer, founded by Mr. Sacks and sold a few years later to Microsoft for $1.2 billion.
  • Since 1999, the number of female partners in venture capital has declined by nearly half, from 10 percent to 6 percent, according to a recent Babson College study.
  • in early 2014, Ms. Vassallo was quietly let go. The firm was downsizing over all, especially in green technology, one of Ms. Vassallo’s specialties, and men were shown the exit as well. But in interviews, several former colleagues said it was far from an easy environment for women, with all-male outings and fierce internal competition for who got which board seat — meaning internal credit — for each company, not to mention a sexual discrimination lawsuit filed by a female junior partner, scheduled for trial in early 2015.
  • They also said that Ms. Vassallo, earnest and so technical that she started a robotics program at a local girls’ school, had not been as forceful, or as adept a politician, as some of her male peers.
  • Less than 10 years after graduation, he and Mr. Thiel had been transformed from outcasts into favorites with a reputation for seeing the future. Far from the only libertarians in Silicon Valley, they had finally found an environment that meshed perfectly with their desire for unfettered competition and freedom from constraints. The money they made seemed like vindication of their ideas.
  • As classmates started conversations with greetings like “How’s your fund?” some of those who did not work in technology joked that they felt like chumps. The Stanford campus had gone computer science crazy, with the majority of students taking programming courses. A career in technology didn’t feel like a risk anymore — it felt like a wise bet, said Jennifer Widom, a programming professor turned engineering dean. Computer science “is a degree that guarantees you a future, regardless of what form you decide to take it in,” she said.
  • The nature of start-ups was shifting again, too, this time largely in women’s favor. From servers onward, many components could be inexpensively licensed instead of custom-built. Founders could turn to a multiplying array of investment sources, meaning they no longer had to be supplicants at a handful of male-run venture firms. The promise that the Internet would be a leveler was finally becoming a bit more fulfilled.
  • The frenzy had an unlikely effect on the some members of the Stanford Review group: They were becoming cheerleaders for women in technology, not for ideological reasons, but for market-based ones.
  • Like many others, he was finding that the biggest obstacle to starting new companies was a dearth of technical talent so severe they worried it would hinder innovation.
  • The real surprise of the reunion weekend, however, was that more of the women in the class of ’94 were finally becoming entrepreneurs, later and on a smaller scale than many of the men, but founders nonetheless.
  • The rhythms of their lives and the technology industry were finally clicking: Companies were becoming easier to start just as their children were becoming more self-sufficient, and they did not want to miss another chance.
Javier E

What's Wrong With 'All Lives Matter'? - NYTimes.com - 1 views

  • what we see is that some lives matter more than others, that some lives matter so much that they need to be protected at all costs, and that other lives matter less, or not at all. And when that becomes the situation, then the lives that do not matter so much, or do not matter at all, can be killed or lost, can be exposed to conditions of destitution, and there is no concern, or even worse, that is regarded as the way it is supposed to be
  • we have to remember that under slavery black lives were considered only a fraction of a human life, so the prevailing way of valuing lives assumed that some lives mattered more
  • when and where did black lives ever really get free of coercive force? One reason the chant “Black Lives Matter” is so important is that it states the obvious but the obvious has not yet been historically realized. So it is a statement of outrage and a demand for equality, for the right to live free of constraint, but also a chant that links the history of slavery, of debt peonage, segregation, and a prison system geared toward the containment, neutralization and degradation of black lives,
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  • We can see the videos and know what is obviously true, but it is also obviously true that police and the juries that support them obviously do not see what is obvious, or do not wish to see.
  • we cannot name all the black men and women whose lives are snuffed out all because a police officer perceives a threat, sees the threat in the person, sees the person as pure threat. Perceived as a threat even when unarmed or completely physically subdued, or lying in the ground, as Rodney King clearly was, or coming back home from a party on the train and having the audacity to say to a policeman that he was not doing anything wrong and should not be detained: Oscar Grant.
  • also a police system that more and more easily and often can take away a black life in a flash all because some officer perceives a threat.
  • The perception is then ratified as a public perception at which point we not only must insist on the dignity of black lives, but name the racism that has become ratified as public perception.
  • to make that universal formulation concrete, to make that into a living formulation, one that truly extends to all people, we have to foreground those lives that are not mattering now, to mark that exclusion, and militate against it. Achieving that universal, “all lives matter,” is a struggle
  • it is not just that black lives matter, though that must be said again and again. It is also that stand-your-ground and racist killings are becoming increasingly normalized, which is why intelligent forms of collective outrage have become obligatory.
  • At least in these cases that have galvanized the nation and the world in protest, we all see the twisted logic that results in the exoneration of the police who take away the lives of unarmed black men and women. And why is that the case? It is not because what the police and their lawyers present as their thinking in the midst of the situation is very reasonable. No, it is because that form of thinking is becoming more “reasonable” all the time. In other words, every time a grand jury or a police review board accepts this form of reasoning, they ratify the idea that blacks are a population against which society must be defended, and that the police defend themselves and (white) society, when they preemptively shoot unarmed black men in public space.
  • What has led us to this place? J.B.: Racism has complex origins, and it is important that we learn the history of racism to know what has led us to this terrible place. But racism is also reproduced in the present, in the prison system, new forms of population control, increasing economic inequality that affects people of color disproportionately.
  • I’ve heard that some white people have held signs that read “All Lives Matter.” J.B.: When some people rejoin with “All Lives Matter” they misunderstand the problem, but not because their message is untrue. It is true that all lives matter, but it is equally true that not all lives are understood to matter which is precisely why it is most important to name the lives that have not mattered, and are struggling to matter in the way they deserve.
  • So the police see a threat when there is no gun to see, or someone is subdued and crying out for his life, when they are moving away or cannot move. These figures are perceived as threats even when they do not threaten, when they have no weapon, and the video footage that shows precisely this is taken to be a ratification of the police’s perception
  • we cannot have a race-blind approach to the questions: which lives matter? Or, which lives are worth valuing? If we jump too quickly to the universal formulation, “all lives matter,” then we miss the fact that black people have not yet been included in the idea of “all lives.”
  • whiteness is figured as a young virgin whose future husband is white — this characterization ratifies the sentiments that oppose miscegenation and defend norms or racial purity. But whose sexuality is imperiled in this scene? After all, black women and girls were the ones who were raped, humiliated and disposed of under conditions of slavery, and it was black families who were forcibly destroyed: black kinship was not recognized as kinship that matters
  • women of color, and black feminists in particular, have struggled for years against being the sexual property of either white male power or black masculinity, against poverty, and against the prison industry, so there are many reasons it is necessary to define racism in ways that acknowledge the specific forms it takes against men, women, and transgendered people of color.
  • there are white people who may be very convinced that they are not racist, but that does not necessarily mean that they have examined, or worked though, how whiteness organizes their lives, values, the institutions they support, how they are implicated in ways of talking, seeing, and doing that constantly and tacitly discriminate. Undoing whiteness has to be difficult work, but it starts, I think, with humility, with learning history, with white people learning how the history of racism persists in the everyday vicissitudes of the present, even as some of us may think we are “beyond” such a history, or
  • It is difficult and ongoing work, calling on an ethical disposition and political solidarity that risks error in the practice of solidarity.
  • It is probably important and satisfying as well to let one’s whiteness recede by joining in acts of solidarity with all those who oppose racism.
  • Whiteness is not an abstraction; its claim to dominance is fortified through daily acts which may not seem racist at all precisely because they are considered “normal.”
  • it is probably an error, in my view, for white people to become paralyzed with guilt and self-scrutiny. The point is rather to consider those ways of valuing and devaluing life that govern our own thinking and acting, understanding the social and historical reach of those ways of valuing.
  • ut just as certain kinds of violence and inequality get established as “normal” through the proceedings that exonerate police of the lethal use of force against unarmed black people, so whiteness, or rather its claim to privilege, can be disestablished over time
  • There are many ways to do this, in the street, the office, the home, and in the media. Only through such an ever-growing cross-racial struggle against racism can we begin to achieve a sense of all the lives that really do matter.
  • This week’s conversation is with Judith Butler, Maxine Elliot Professor in the department of comparative literature and the program of critical theory at the University of California, Berkeley.
Javier E

The Coming Democratic Schism - NYTimes.com - 0 views

  • According to Pew, the older group believes, 73-20, that “government should do more to solve problems.” Only 44 percent of the younger group agrees — and of younger respondents, 50 percent believe that “government is trying to do too much.”
  • Eighty-three percent of the older group of Democratic voters believes that “circumstances” are to blame for poverty; only 9 percent blame “a lack of effort.” The younger group of pro-Democratic voters is split, with 47 percent blaming circumstances and 42 percent blaming lack of effort.
  • Asked by Pew to choose between two statements — “Racial discrimination is the main reason why many blacks can’t get ahead” and “Blacks who can’t get ahead are mostly responsible for their own condition” – the older Democratic cohort blamed discrimination, by an 80 to 10 margin. In contrast, only 19 percent of the younger group of Democrats blamed discrimination, with 68 percent saying that blacks “are mostly responsible for their own condition.”
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  • A 56 percent majority of the younger group of Democrats believes that “Wall Street helps the American economy more than it hurts,” with just 36 percent believing that Wall Street hurts the economy. Older Democrats have almost exactly the opposite view. 56 percent believe that Wall Street hurts the economy; 36 percent believe it helps.
  • An overwhelming majority of the older cohort, 83-12, believes that “government should do more to help needy Americans, even if it means more debt,” while a majority of the younger Democratic respondents, 56-39, believes “government cannot afford to do much more.”
  • Some 91 percent of the older group said the “U.S. needs to continue making changes to give blacks equal rights,” and just 6 percent said the “U.S. has made the changes needed to give blacks equal rights.” 67 percent of the younger group said the United States has done enough for blacks, and 28 percent said that the country needs to do more to give blacks equal rights.
  • By a margin of 70-35, millennials in the Reason survey chose “competition is primarily good; it stimulates people to work hard and develop new ideas” over “competition is primarily harmful; it brings out the worst in people.” By 64-25, millennials picked “profit is generally good because it encourages businesses to provide valued products to attract customers” as opposed to “profit is generally bad because it encourages businesses to take advantage of their customers and employees.”
  • every one of the prospective Republican presidential candidates pollsters mentioned — Christie, Rand Paul, Paul Ryan, Marco Rubio, Mike Huckabee, Jeb Bush and Bobby Jindal — received more noes than yeses from millennials, by margins ranging from two noes for every yes to four noes for every yes
  • When asked by Reason if they would consider voting for Clinton, 53 percent of those surveyed said yes, and 27 percent said no. Both Joe Biden, the vice president, and Elizabeth Warren, a Democratic senator from Massachusetts, received more yeses than noes.
  • In some other respects, the millennial voters studied by Reason appear to hold orthodox liberal views: they support more spending to help the poor, even if it means higher taxes; government action to guarantee a living wage, enough for everyone to eat and have a place to sleep; and a government guarantee of health insurance. Conversely, majorities of the same voters believe that wealth should be distributed according to achievement as opposed to need, and that “people should be allowed to keep what they produce, even if there are others with greater needs.”
  • “You may have issue differences within the Democratic Party, but they become irrelevant when confronted by a Republican Party determined to turn elections into cultural conflicts,” Greenberg said in a phone interview. “These differences don’t matter in the context of a Republican party that brings out the commonality of the Democratic Party.”
  • Money, in Leege’s view, will be likely to trump the demographic trends favoring Democrats. Continue reading the main story 378 Comments Leege raises a fundamental question. The Democratic Party could well gain strength politically as it edges away from economic liberalism to a coalition determined to protect personal liberties from conservative moral constraint.
  • Corporate America faces a divided Democratic Party, vulnerable to the kind of lobbying pressures that the business elite specializes in. Under this scenario, Wall Street and the Chamber of Commerce will enjoy increased leverage in the policy-making arenas of Congress and the executive branch despite – or even because – of Democratic political success.
Javier E

Economic history: What can we learn from the Depression? | The Economist - 0 views

  • Can economic historians give policy-makers advice on the basis of what they believed caused the Great Depression? A discussion of this topic by Britain’s top economic historians in a lecture at Cambridge University on November 4th suggested the question is more complex than it first appears
  • what has made producing lessons more difficult is that many traditional views about the causes of the Depression have been overturned by academics in recent decades.
  • Although the rise of protectionism increased the velocity and depth of the depression when tariffs started rising in 1930, they were still only responsible for part of the fall in world GDP during the Depression
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  • The idea that the Wall Street crash caused the depression has also gone out of favour in recent years.
  • As with the rise of protectionism, it seems that the Wall Street crash was a symptom of problems in the global economy, rather than the underlying cause of them.
  • Economic historians now focus on a different candidate to take the blame for the sudden economic collapse of the 1930s: the structure of the world financial system before 1929. In particular, the work of the economic historians such as Mr Eichengreen and Peter Temin has recently stressed the importance of the malfunctioning of the gold standard currency system as the cause of the Depression, as well as its severity.
  • This system came to a head when the global economy started what, at first, seemed to be a very ordinary business cycle downturn in the late-1920s. When the drop in global demand caused balance-of-payments crises in countries around the world due to gold outflows, they were forced to use fiscal and monetary means to deflate their economies to protect the fixed value of their currencies (they also resorted to tariffs).This amplified the recession into a depression.
  • According to some monetarist historians, the four waves of banking crises in the 1930-33 period that bankrupted half of America’s banks were caused by the Federal Reserve tightening monetary policy in response to gold outflows.
  • According to research by Mr Eichengreen, countries that escaped the gold standard and changed to floating exchange rates first, such as Britain in 1931 and America in 1933, tended to recover earlier and far faster. The critique of monetary policy as a conduit of Depression dates back to Milton Friedman and Anna Schwartz's "Monetary History of the United States", first published in 1963
  • Policy-makers have drawn some lessons from the 1930s. Unlike in the Depression, central banks in Britain and America avoided unnecessary monetary tightening. Instead, they slashed interest rates and used unconventional monetary stimulus such as quantitative easing in an effort to fend off deflation (a scourge of the Depression). The role of banking crises in turning a normal recession into a deep depression has also been recognised. Governments pulled out the stops to prevent the Lehman failure from generating a global financial meltdown, keenly aware of the role of financial contagion in the 1930s. 
  • lessons from the Great Depression for Europe's current problems may be more difficult to discern than one might assume. The euro zone is a fixed-exchange-rate system, with elements similar to those of the gold standard. But the political and economic constraints holding back policy-makers are different from those that prevailed in the 1930s. Economists now say that the higher level of financial integration in Europe today makes leaving the euro-zone a much riskier prospect than was leaving the gold standard was back in the 1930s. And the euro zone has a central bank that can print euros—something the gold-standard system lacked.
  • Perhaps economic historians can make a better contribution by ensuring the past is not abused in debates about modern-day crises. For instance, putting all the blame on Wall Street for the Great Depression—or on bankers in the current crisis—does not stand up to historical scrutiny. The responsibility may more properly lie in a complex combination of factors, like how global financial systems are structured. But this still needs be interpreted from modern day evidence rather than in over-simplistic “lessons” from the past
katyshannon

Obama Sends Plan to Close Guantánamo to Congress - The New York Times - 0 views

  • President Obama sent Congress a plan on Tuesday to close the United States military prison at Guantánamo Bay, Cuba, his latest attempt to deliver on an unfulfilled promise of his presidency, which faces near-certain rejection by Congress.
  • The prison has come to symbolize the darker side of the nation’s antiterrorism efforts, but the series of steps that Mr. Obama outlined at the White House were as much an acknowledgment of the constraints binding him during his final year in office as they were a practical blueprint for transferring prisoners.
  • n presenting them, the president made little secret of his frustration that his quest to close Guantánamo, once regarded as a bipartisan moral imperative, had become a divisive political issue.
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  • I am very cleareyed about the hurdles to finally closing Guantánamo: The politics of this are tough,” Mr. Obama said during a 17-minute address. “I don’t want to pass this problem on to the next president, whoever it is. And if, as a nation, we don’t deal with this now, when will we deal with it?”
  • He said the issue had cost him “countless hours” of consternation as he toiled to craft a workable solution to a problem that he inherited from his predecessor, President George W. Bush, and that forced him to apologize on the world stage for an approach to terrorism he never supported.
  • Reprising arguments he has made since he first campaigned for president, Mr. Obama said the prison had fueled the recruitment efforts of terrorists, harmed American alliances and been a drain on taxpayer dollars.
  • It was also a final bid to erase what has become a painful and persistent blot on his tenure: his inability to tackle an issue that animated his campaign in 2008 and in many ways encapsulates his approach to national security.
  • The White House refused on Tuesday, as Mr. Obama’s advisers have done consistently, to rule out the prospect that he would use his constitutional powers as commander in chief, if Congress refuses to act, to close the prison unilaterally before leaving office.
  • The nine-page plan was immediately rejected by Republican presidential candidates and members of Congress.
  • “Not only are we not going to close Guantánamo, when I am president, if we capture a terrorist alive, they are not getting a court hearing in Manhattan. They are not going to be sent to Nevada,” Senator Marco Rubio of Florida, a presidential candidate, said at a campaign rally in Las Vegas before the state’s Republican caucus. “They are going to Guantánamo, and we are going to find out everything they know.”
  • The president’s plan faces steep obstacles, however. Congress has enacted a law banning the military from transferring detainees from Guantánamo onto domestic soil, and lawmakers have shown little interest in lifting that restriction.
  • The blueprint offered few specifics, refraining from mentioning any of the potential replacement facilities the Pentagon had visited in preparing it, including military prisons in Leavenworth, Kan., and Charleston, S.C., as well as several civilian prisons in Colorado.
  • At the start of his administration, Mr. Obama noted, Republicans — including his predecessor, George W. Bush, and his rival for the White House, Senator John McCain of Arizona — backed the idea of closing the prison. “This was not some radical, far-left view,” Mr. Obama said. But “the public was scared into thinking that, well, if we close it, somehow we’ll be less safe.”
  • The Pentagon argued in its proposal that replacing Guantánamo would cost less than keeping detainees at the naval base in Cuba. Upgrading an existing prison could cost as much as $475 million, but would save the government as much as $85 million annually in operational costs compared with Guantánamo, it found.
  • Democrats, too, were skeptical of the strategy, which centers on bringing to a prison on domestic soil 30 to 60 detainees who are deemed too dangerous to release, while transferring the remaining detainees to other countries.
  • Human rights groups and lawyers for detainees were divided. Some oppose bringing detainees who are being detained indefinitely without trial onto domestic soil, saying that would simply relocate the problem without solving it.
  • The Bush administration opened the prison in January 2002 and sent detainees from the Afghanistan war there. It declared that the detainees were not protected by the Geneva Conventions and that courts had no authority to oversee what the government did to prisoners at the base. In the prison’s early years, interrogators frequently used coercive techniques on detainees.
  • In one of his first acts as president, Mr. Obama issued an executive order instructing the government to shut the prison down within a year. But that proved easier said than done, and as the administration studied how to go about achieving that goal, political support for it melted away.
  • Mr. Obama has refused to add any more detainees to the 242 he inherited, instead working to chip away at the population. Of the 91 who remain, 35 are recommended for transfer if security conditions can be met, 10 have been charged or convicted before the military commissions system, and 46 have neither been charged with a crime nor approved for transfer.
  • A parolelike periodic review board is slowly working its way through their numbers and moving some to the transfer list. It was meeting even on Tuesday, senior administration officials said, as Mr. Obama strode into the Roosevelt Room to say, “Let us go ahead and close this chapter.”
maddieireland334

'Making a Murderer' and failing justice system (Opinion) - CNN.com - 0 views

  • Laws are designed to keep chaos at bay, to set a foundation for a civil society. My not slowing down fast enough was not a threat to the social order.
  • About the time of my last ticket, the country was fighting over O.J. Simpson. Most white Americans were horrified that because they believed he got away with a double murder and didn't want to know about prosecutorial mistakes and dubious police actions. Most black people cheered that a system they had long believed was corrupt had been beaten, for once. A lead detective lying on the stand, using the n-word and bragging about planting evidence were not incidental facts to them
  • "Making a Murderer" is forcing us to confront those disparate views anew, as well as encouraging us to better understand that the people who are ticketed or jailed and imprisoned more, and more harshly, than the rest of us aren't necessarily more deserving of punishment than those of us who have skated by dent of birth, happenstance or policy design.
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  • Michelle Alexander did a great job detailing that arbitrariness in "The New Jim Crow."
  • "The clear majority of Americans of all races have violated drug laws. But due to resource constraints (and the politics of the drug war), only a small fraction are arrested, convicted, and incarcerated," she wrote. "In 2002, for example, there were 19.5 million illicit drug users, compared to 1.5 million drug arrests and 175,000 people admitted to prison for a drug offense."
  • everyone is innocent until proven guilty; you will only be convicted if there is no real doubt that you committed the crime -- are either outright lies or fantastical tales we tell ourselves.
  • Avery spent almost 18 years in prison for a rape he didn't commit. DNA testing done by the Innocence Project proved that a different man was the assailant. While he served time, the actual rapist was free to hurt other women. That man, Gregory Allen, is serving a 60-year prison sentence for a 1995 rape.
  • Since the airing of the documentary, we've learned that a juror in the Avery case said the verdict was a sort of compromise, that not everyone in the room believed he had done what he had been charged with: the definition of reasonable doubt if ever there was one. No matter; they sent him to prison anyway.
  • "The 'reasonable doubt' rule was not originally designed to serve the purpose it is asked to serve today: It was not originally designed to protect the accused. Instead, it was designed to protect the souls of the jurors against damnation," he wrote.
  • An alternate juror told me there's no doubt he would have voted not guilty had he been the 12th, not 13th juror -- which would have been enough to set Huggins free. Talk about arbitrary. Because of that roll of the dice, Huggins sits in prison hoping an appeal is successful instead of raising his young kids and taking care of his elderly mother.
  • I complained about the arbitrariness of a cop giving me a ticket in a speed trap. That's nothing compared to what men like Avery and Huggins -- and too many others -- face. Finally, the public seems to be recognizing that ugly reality.
Javier E

Brett Kavanaugh Bears the Burden of Proof - The Atlantic - 0 views

  • The injustice, in fact, is largely optical. The question before us, after all, is not whether to punish Kavanaugh or whether to assign liability to him. It’s whether to bestow on him an immense honor that comes with great power. Kavanaugh is applying for a much-coveted job. And the burden of convincing in such situations always lies with the applicant. The standard for elevation to the nation’s highest court is not that the nominee established a “reasonable doubt” that the serious allegations against him were true.
  • There is no known standard of evidence applicable here. Realistically, senators make up their own standard, and decide whether Kavanaugh has satisfied it. For most senators, in fact, there’s no standard of evidence at all, for their support for or opposition to him does not depend on the evidence. It is ideological in character.
  • It is possible to imagine his testimony shoring up support among those who want to support him but leaving everyone else with real doubt. This would be, in my view, a disaster for anyone who believes in apolitical courts. And it is not what Kavanaugh should want
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  • Clearing one’s name sufficiently to convince only senators who are already ideologically aligned is not, in fact, clearing one’s name. It’s winning. And while winning may be the highest value for Trump, it isn’t actually the highest value—particularly for a justice.
  • If Kavanaugh means to behave honorably, the challenge gets even harder. Because in seeking to meet his burden about events that allegedly took place under vague circumstances 35 years ago (however one defines the standard of evidence), there are arguments that are rightly off limits to him
  • an attack on Ford’s credibility that is not devastating and complete will only worsen Kavanaugh’s problem—and such an attack should worsen it. As a general matter, Kavanaugh cannot blame or attack or seek to discredit a woman who purports to have suffered a sexual-assault at his hands. He cannot play Harvey Weinstein games if he wants to emerge from this episode as a credible figure. A Supreme Court justice is not a movie executive. Simply winning isn’t good enough.
  • Putting it all together, Kavanaugh’s task strikes me as an unenviable one. He needs to prove a negative about events long ago with sufficient persuasiveness that a reasonable person will regard his service as untainted by the allegations against him, and he needs to do so using only arguments that don’t themselves taint him.
  • Getting out does not mean admitting that Ford’s account of his behavior is accurate, something Kavanaugh should certainly not do if her account is not accurate. It means only acknowledging that there is no way to defend against it in a fashion that is both persuasive and honorable in the context of seeking elevation to a job that requires a certain moral viability. It means acknowledging that whatever the truth may be, Kavanaugh cannot carry his burden of proof given the constraints upon him.
Javier E

The Slaughter Bench of History - Ian Morris - The Atlantic - 0 views

  • War is mass murder, and yet, in perhaps the greatest paradox in history, war has nevertheless been the undertaker’s worst enemy. Contrary to what the song says, war has been good for something: over the long run, it has made humanity safer and richer.
  • There are four parts to the case I will make.
  • The first is that by fighting wars, people have created larger, more organized societies that have reduced the risk that their members will die violently.
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  • This observation rests on one of the major findings of archaeologists and anthropologists over the last century: that Stone Age societies were typically tiny.
  • People generally worked out their differences peacefully, but if someone decided to use force, there were far fewer constraints on him
  • By most estimates, 10 to 20 percent of all the people who lived in Stone Age societies died at the hands of other humans.
  • My third conclusion is that as well as making people safer, the larger societies created by war have also—again, over the long run—made us richer.
  • the winners of wars incorporated the losers into larger societies. The only way to make these larger societies work was for their rulers to develop stronger governments, and one of the first things these governments had to do, if they wanted to stay in power, was suppress violence within the society.
  • They cracked down on killing because well-behaved subjects were easier to govern and tax than angry, murderous ones. The unintended consequence, though, was that rates of violent death fell by 90 percent between Stone Age times and the twentieth century.
  • ut in 1945, there were about 2.5 billion people on earth, and over the course of the twentieth century roughly 10 billion lives were lived—meaning that the century’s 100–200 million war-related deaths added up to just 1 to 2 percent of our planet’s population. If you were lucky enough to be born in the industrialized twentieth century, you were on average 10 times less likely to die violently (or from violence’s consequences) than if you were born in a Stone Age society.
  • People hardly ever give up their freedom, including their rights to kill and impoverish each other, unless forced to do so, and virtually the only force strong enough to bring this about has been defeat in war or fear that such a defeat is imminent.
  • My second claim is that while war is the worst imaginable way to create larger, more peaceful societies, it is pretty much the only way humans have found.
  • Peace created the conditions for economic growth and rising living standards. This process too has been messy and uneven
  • Ten thousand years ago, there were only about 6 million people on earth. On average they lived about 30 years and supported themselves on the equivalent of less than two modern American dollars per day. Now there are more than a thousand times as many of us (7 billion, in fact), living more than twice as long (the global average is 67 years), and earning more than a dozen times as much (today the global average is $25 per day).
  • my fourth argument is that war is now putting itself out of business. For millennia, war has created peace, and destruction has created wealth, but in our own age humanity has gotten so good at fighting—our weapons so destructive, our organizations so efficient—that war is beginning to make further war of this kind impossible.
  • The next 40 years could be the most dangerous in history.
  • The Second Age, by contrast, is for the moment not quite so scary, because the number of warheads is so much smaller, but it is very far from simple. It has more players than the Cold War, using smaller forces and following few if any agreed-on rules.
  • So far, antimissile defenses and the globocop’s guarantees have kept order. But if the globocop does lose credibility in the 2030s and after, nuclear proliferation, arms races, and even preemptive attacks may start to make sense.
  • If major war comes in the 2040s or ’50s, there is a very good chance that it will begin not with a quarantined, high-tech battle between the great powers’ computers, space stations, and robots but with nuclear wars in South, Southwest, or East Asia that expand to draw in everyone else.
Javier E

Can Liberal Democracy Survive Social Media? | by Yascha Mounk | NYR Daily | T... - 0 views

  • the basic deal that traditional elites offered to the people at the inception of our political system: “As long as you let us call the shots, we will pretend to let you rule.”
  • Today, that deal is becoming increasingly difficult to sustain, and the reason is both unlikely and counterintuitive
  • At times, this meant marginalizing passionate critics of the status quo—and thus making it harder for the weak and powerless to make their voices heard. At other times, it meant declining to publish conspiracy theories, outright lies, or racist rants—and thus stabilizing liberal democracy
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  • In one of the most subtle early analyses of what he tellingly called “Liberation Technology,” Larry Diamond argued that new digital tools would empower “citizens to report news, expose wrongdoing, express opinions, mobilize protest, monitor elections, scrutinize government, deepen participation, and expand the horizons of freedom.” Diamond’s article was published in the summer of 2010.
  • Twitter, Andrew Sullivan wrote in The Atlantic, had proven to be a “critical tool for organizing.” In twenty-first-century conflict, Nicholas Kristof echoed in The New York Times, “government thugs firing bullets” would increasingly come up against the resistance of “young protesters firing ‘tweets.’”
  • As Clay Shirky argued in Here Comes Everybody: The Power of Organizing Without Organizations, even in longstanding democracies like the United States the power of digital technology made it much easier for activists to coordinate
  • thanks to Twitter, Donald Trump did not need the infrastructure of traditional media outlets. Instead, he could tweet messages directly to his millions of followers. Once he had done so, established broadcasters faced a stark choice: ignore the main subject of conversation and make themselves irrelevant—or discuss each tweet at length, thereby amplifying Trump’s message even as they ostensibly scrutinized it. Perhaps unsurprisingly, they chose the latter course of action.
  • Breathless claims about digital technology’s liberating potential turned into equally breathless prognostications of doom. Social media was declared the most dangerous foe of liberal democracy.
  • The truth about social media is not that it is necessarily good or bad for liberal democracy. Nor is it that social media inherently strengthens or undermines tolerance.
  • On the contrary, it is that social media closes the technological gap between insiders and outsiders.
  • Until a few decades ago, governments and big media companies enjoyed an oligopoly over the means of mass communication. As a result, they could set the standards of acceptable political discourse.
  • The credibility of those claims depends on what they are compared to. So long as the memory of absolute monarchy was recent, and a more directly democratic system seemed unfeasible, liberal democracies could claim to empower the people.
  • One response has been to put pressure on Twitter and Facebook to change their algorithms and enforce stricter community guidelines; this is the tack that most tech critics have taken in the United State
  • Another response has been to limit what can be said on social media platforms by coercive legislation; this is the stance that European governments have adopted, with remarkable speed.
  • it seems at least as plausible to think that Americans won’t be willing to compromise on their First Amendment rights; that they will decamp to more freewheeling alternatives if existing social media platforms are tamed; and, indeed, that more subtle, yet no less powerful, forms of hate will continue to spread on existing platforms even if its most outrageous manifestations are suppressed.
  • There is, then, a very real possibility that the rise of digital technology, and the concomitant spread of essentially costless communication, have set up a direct clash between two of our most cherished values: freedom of speech and the stability of our political system.
  • the challenge is even more fundamental.
  • Rather, the daily experience of liking and sharing posts on social media may habituate users to a simulated form of direct democracy that makes the existing institutions of representative democracy appear intolerably outmoded.
  • Could digital natives—reared on the direct efficacy of social media—simply be less willing to tolerate the slow, indirect workings of analogue institutions designed in the eighteenth century?
  • And might they therefore be more resistant to accepting the democratic myth that has long underwritten the stability of the American Republic?
  • the rise of the Internet and social media is making the ideological foundation of liberal democracy—which has had a tight hold over our imagination for the better part of two centuries—look increasingly brittle.
  • The political systems of countries like Great Britain and the United States were founded not to promote, but to oppose, democracy; they only acquired a democratic halo in retrospect, thanks to more recent claims that they allowed the people to rule.
  • This held true for the century or so during which democracy enjoyed an unprecedented ideological hegemony. In the age of the Internet, it no longer does. As a result, the democratic myth that helped to make our institutions look uniquely legitimate is losing its hold.
  • The undemocratic roots of our supposedly democratic institutions are clearly on display in Great Britain. Parliament was not designed to put power in the hands of the people; it was a blood-soaked compromise between a beleaguered monarch and the upper echelons of the country’s elite
  • Because the US was founded in a more ideologically self-conscious manner, the same history is even more evident here. For the Founding Fathers, the election of representatives, which we have come to regard as the most democratic way to translate popular views into public policy, was a mechanism for keeping the people at bay
  • The rising tide of egalitarian sentiment during the nineteenth century should, by rights, have come into conflict with a set of avowedly aristocratic institutions. Instead, its fresh packaging gave the representative institutions of the United States and the United Kingdom a new lease on life. It pleased the elites who continued to get their way on the most important issues as much as it pleased the egalitarians who came to see it as a realization of their aspirations.
  • It was only in the nineteenth century, as egalitarian sentiment rose on both sides of the Atlantic, that a set of entrepreneurial thinkers began to dress an ideologically self-conscious republic up in the unaccustomed robes of a born-again democracy.
  • Only gradually did the US make real improvements to its democratic process.
  • And crucial to that transformation was a story about the limits of democratic governance under modern conditions.
  • In ancient Athens, so the story went, the people—or at least those who were regarded as the people, which is to say adult male citizens—could rule directly because there were relatively few of them, because the territory of the state was so small, and because they had leisure to govern since so many of them owned slaves who took care of their daily needs
  • As John Adams noted, the people “can never act, consult, or reason together, because they cannot march five hundred miles, nor spare the time, nor find a space to meet.” In industrial nations that expanded over a huge territory direct democracy was thought to be impossible.
  • While representative institutions had been founded in ideological opposition to democracy, they were now re-described as the closest instantiation of that ideal possible under modern conditions. Thus, the founding myth of liberal-democratic ideology—the improbable fiction that representative government would facilitate the rule of the people—was born.
  • we have not even started to address the issue of how to make the democratic promise of our political system ring true for a new generation.
  • or a long century, the founding myth of liberal democracy retained sufficient footing in reality to keep a deep hold over the popular imagination, and help one political system conquer half the globe. But that basis is now crumbling
  • With the advent of the Internet, John Adams’s worry about the people’s inability to deliberate together has come to seem quaint
  • The physical agora of ancient Athens could be replaced by a virtual agora that would allow millions to debate and vote on policy proposals with even greater ease. As a result, citizens now have a much more instinctive sense that our democratic institutions are highly mediated.
  • They know that if we wanted to design a system of government that truly allowed the people to rule, it would not look much like the representative democracy of today.
  • The rise of the Internet and social media has thus created a giant mismatch between the direct efficiency of our digital lives and the cumbersome inefficiency of our formal institutions—and that has accentuated the contrast between our system’s promise to let the people rule and the reality that the people rarely feel as though they can have a real impact on the most important decisions facing their country
  • The Internet threatens to end the hegemony of liberal democracy not only by amplifying the voice of a small band of haters and extremists, but also by alienating a much larger number of digital natives from the decidedly analogue institutions by which they are governed.
  • We have only just begun to face up to the first big corrosive influence of digital technology on our politics: the way in which social media has helped to mainstream extremists
  • We’re only beginning to understand how we can stop vast platforms like Facebook and Twitter from spreading hate and fake news—and whether that will even prove possible without sacrificing constitutive elements of our political system
  • In short, the Founding Fathers did not believe a representative republic to be second best; they found it far preferable to the factious horrors of a true democracy.
  • the widespread frustration with the state has less to do with excessive bureaucracy or overly cumbersome processes than it does with the underlying reality of the economy and the welfare state: what political scientists call the “performance legitimacy” of our political system has suffered from a combination of rising living costs, stagnating real wages, growing inequality, and dwindling social services.
  • More important, the real barrier to public participation in politics has always been interest, time, and expertise as much as it has been technology
  • Even if it were easy to weigh in, even vote, on every decision made at the local, county, state, and federal level, most citizens would hardly marshal the enthusiasm to be so intimately engaged with such a wide variety of questions of public policy.
  • Nor would most citizens miraculously develop the expertise to assess, for example, what kinds of regulations are needed to keep a power plant safe
  • A dozen years after the invention of Facebook, by contrast, the new technology has spread to every corner of the globe. Some two billion people actively use the platform.
  • there can be little doubt that, in the short run—which is to say, for the rest of our lives—it will make for a more chaotic world.
  • Unfettered by the constraints of the old media system, and buoyed by a growing popular cynicism about democracy’s promise, the demagogues have been willing to say whatever it takes to get elected—to flatter and deceive, to obfuscate, and even to incite hatred of their fellow citizens. Perhaps their rhetoric will prove to be unstoppable. As one state legislator recently pointed out to me, it is difficult for a rational politician to win a debate with a three-sentence answer when his rival is offering a one-sentence answer—especially when the other candidate can blast his simplistic take all over Twitter and Facebook.
  • All is not lost. But to revitalize liberal democracy in the digital age, it will not be enough to think carefully about how to enforce privacy rights or stifle the most hateful voices on the Internet. We must also think anew about how to fill the democratic promise with meaning for a new generation that has lost the belief in the democratic myth that long provided legitimacy for our political system.
Javier E

The flight from the 'Flight 93 Election' - The Washington Post - 0 views

  • “The Flight 93 Election” is a nasty piece of hackwork. Decius blasted D.C. conservatives as the “Washington Generals” of politics, somehow losing to the left on a regular basis (which I suspect would be news to those on the left)
  • Decius railed against many things, most notably that “the ceaseless importation of Third World foreigners with no tradition of, taste for, or experience in liberty means that the electorate grows more left, more Democratic, less Republican, less republican, and less traditionally American with every cycle.”
  • In “The Flight 93 Election,” Anton made the case that Trump was “to the left (conventionally understood) not only of his own party, but of his Democratic opponent” on questions of war.  It is therefore fitting that Anton exits the stage as Bolton arrives. It is safe to say that Bolton is to the right (conventionally understood) of his own party when it comes to the use of force.
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  • Anton’s departure highlights the ways in which his prediction of Trump’s dovish tendencies proved laughably wrong
  • For foreign policy hawks, this will be the best of times … because they are running the entire foreign policy show now. There is no bureaucratic constraint, no countervailing faction, no informed president to block their moves. They have no more impediments.
  • For decades, they have fantasized about the right ways to take out Iran, defang North Korea and checkmate China. Trump has given them the keys to the kingdom.
  • In 2016, Anton joined Trump in rushing the cockpit. He decamps after 14 months to join Hillsdale College’s Kirby Center, the kind of D.C. outpost that Decius would have raged against. The administration he leaves behind is far more hawkish than promised in that essay.
oliviaodon

The Iran Nuclear Deal Is on an Unpredictable Course - The Atlantic - 0 views

  • It now seems likely that Trump will end U.S. compliance with the nuclear deal on May 12, when the next deadline for extending sanctions waivers comes up. It is of course still possible that Trump will take advantage of European gestures—like an agreement to sanction ballistic-missile activity, vigorously enforce inspections, and seek a follow-on agreement—to claim to have “improved” the deal thanks to his negotiating prowess, but that remains a long shot. It was always fanciful to imagine that the Europeans were going to agree to make fundamental changes to the nuclear deal (as if it were somehow in their power to unilaterally revise it without the support of the other parties to the agreement, namely Russia, China, and Iran), which is why that approach always seemed to me to be a ploy to kill the deal and blame others for its demise.
  • There are scenarios being discussed in which Washington abandons the deal in May but it somehow survives.  For example, Trump could refuse to sign the sanctions waivers up for renewal, but agree to go easy on implementation, or give exemptions to firms in European countries who have signaled a willingness to work on a new deal.  I suppose anything is possible, but it’s hard to see how that works. Whatever public or private pledges Trump makes, few European companies are going to invest in Iran or buy Iranian oil if U.S. law requires them to be sanctioned for doing so, and it is hard to see Iran abiding by the deal indefinitely if it accepts all of its constraints but gets none of the benefits.
  • There’s also the risk that countries like China or India—or even some in the EU—ignore the new sanctions and continue to buy Iranian oil, which would mean that we’d have to risk a major international trade clash to try to enforce them, at a time when potential trade wars are already looming. And even if Trump surprises us and extends sanctions for another few months and the deal survives on life support, we would soon be back in the same place we are today, faced with a binary choice between accepting an unchanged deal and blowing it up. If anyone thinks Iran will just come back to the table to accept a “better deal” after the United States, alone, walks away from the current one, they have more faith in Tehran’s political flexibility than I do.
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  • One possible solution is that the credible threat of force can persuade Iran not to resume its nuclear program if the deal is killed. Bolton has of course explicitly advocated using military force to stop an Iranian bomb, and Pompeo as a member of Congress asserted it would not be difficult to take out Iran’s nuclear capabilities with military strikes. If Iran does resume its suspended nuclear activities or kick out inspectors, will they conclude the use of force is necessary?
  • Finally, there is the question of regime change, since that’s what many Iran hawks really think is necessary to solve not just the nuclear program but to ensure security in the Middle East.
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