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nataliedepaulo1

The ugliness of Trump vs. Clinton flatters Obama's legacy - CNN.com - 0 views

  • The ugliness of Trump vs. Clinton flatters Obama's legacy
  • Barack Obama will probably leave office on a high. His weekly average approval rating now stands at 54%. Given the state of the economy and America's troubles overseas, the likely explanation is that voters are contrasting him favorably with the election candidates
  • One legacy of Donald Trump might be to give Obama a better legacy -- a reminder of the calmer, simpler time that we all lived in 18 months ago.
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  • Trump often asserts that he'll win because polls show that folks don't approve of the direction of the country. What he fails to realize is that voters aren't only registering dissatisfaction with Obama's record -- they are also disgusted with this campaign. As we slouch toward November 8, the President's approval rating may rise even further. Contrasted with his potential replacements he sounds ... well, presidential.
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    This article shows how the current political situation changes how we view Obama, and the mistakes Trump has made.
redavistinnell

Supreme Court sides with death row inmate in race discrimination case - CNNPolitics.com - 0 views

  • Supreme Court sides with death row inmate in racial discrimination case
  • The Supreme Court ruled Monday morning in favor of a death row inmate in a case concerning race discrimination in jury selection.
  • The jury that convicted him was all white. Twenty years after his sentence his attorneys obtained notes the prosecution team took while it was engaged in picking a jury, including marking potential jurors who were black had a "b" written by their name.
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  • The 7-1 decision comes as a welcome relief to critics who say racial discrimination in jury selection persists across the country some 30 years after the Supreme Court ruled potential jurors cannot be struck because of race.
  • Monday's ruling can provide "new life to these so-called Batson claims in the lower courts and the issue of racial bias in jury selection," said Steve Vladeck, CNN contributor and law professor at American University Washington College of Law, referring to the 1986 case Batson v. Kentucky.
  • "This discrimination became apparent only because we obtained the prosecution's notes which revealed their intent to discriminate. Usually that does not happen," said Foster's lead lawyer, Stephen Bright, from the Southern Center of Human Rights. "The practice of discriminating in striking juries continues in courtrooms across the country. Usually courts ignore patterns of race discrimination and accept false reasons for the strikes."
  • "The Court today invites state prisoners to go searching for new 'evidence' by demanding the files of the prosecutors who long ago convicted them . ...I cannot go along with that 'sort of sandbagging of state courts.' New evidence should not justify the relitigation of Batson claims,
  • Nearly 20 years after the conviction, through an open records request, Foster's lawyers obtained the notes the prosecution team took while it was engaged in the process of picking a jury.
  • "The prosecutors in this case came to court on the morning of jury selection determined to strike all the black prospective jurors," Bright said. "Blacks were taken out of the picture here, they were taken and dealt with separately."
  • One set of documents from the prosecution files shows that potential jurors who were black had a "B" written by their name and their names highlighted with a green pen. On some juror questionnaire sheets, the juror's race "black," "color" or "negro" was circled. One juror, Eddie Hood, was labeled "B #1. Others were labeled B#2, and B#3.
  • The Supreme Court's 1986 case held that once a defendant has produced enough evidence to raise an inference that the state impermissibly excluded a juror based on race, the state must come forward with a race-neutral explanation for the exclusion.
mcginnisca

Sorry, uncovering America's racist underbelly wasn't why Trump won-Commentary - 0 views

  • The last wrong explanation for Clinton's loss is one people both on the Left and the Right are making: The Clinton email scandal. Of course, the continuing cloud of the on again/off again FBI investigation into Clinton's illegal private email server didn't help her campaign
  • The largest single economic group in our country has been sold out and ignored by the leaders of both parties for more than a generation. They are the hourly wage-earning Americans who have been bounced around from good manufacturing jobs, to service jobs, to seasonal work without the rest of us noticing that much. And that's even though there are a lot more of them than the college-educated white collar office workers out there. You know the financial uncertainty you felt last night when you saw the Dow futures crash down by 750 points? That's the kind of emotion millions of your fellow Americans have been feeling every night for years even though they're not "poor" or even necessarily unemployed.
  • And it goes beyond economics. This is a divide that truly began in America during the Vietnam War, which was protested and defended by the rich and upper middle class while the lower middle class and poor actually did the fighting in country. That divide and the wounds from it have never really healed. I doubt we'll ever see an exit poll this specific, but I'd be willing to bet that Trump won 60 percent plus of the Vietnam veterans' vote because he spoke to their past and current pain in a way actual Vietnam vets like John Kerry and John McCain — guys who actually served in the war — never could
rachelramirez

U.S. Can't Find ISIS Prisoners - The Daily Beast - 0 views

  • THE DISAPPEAREDU.S. Can’t Find ISIS Prisoners
  • Iraq’s security forces have allowed the U.S. military to interview fewer than “a handful” of detained fighters under Iraqi control since the Mosul offensive began in mid-October, a U.S. defense official told The Daily Beast.
  • Iraqi officials have said hundreds of ISIS fighters have died so far in the three-week-long battle; U.S. officials estimate a smaller number have fled.
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  • In contrast, the U.S. military during its last war in Iraq had access to thousands of Iraqi prisoners—and the intelligence they provided. But observers said the lack of detainees this time around reflects an ISIS eager to fight. And it shows the limits of a war in a city littered with bombs and tunnels, and home to hundreds of thousands of civilians.
  • You can’t do these capture operations in the middle of the urban warfare. It’s too dangerous
  • In the war against ISIS in Mosul, the number of fighters detained is the dog that doesn’t bark. ISIS repeatedly has urged its troops to fight to the death, declaring anything short of that punishable by execution.
  • Human Rights Watch offered a more troubling explanation for the lack of reported detainees, saying it believes that Iraqi and Kurdish forces have detained “at least 37 men from areas around Mosul and Hawija suspected of being affiliated with the Islamic State” and that government officials have not allowed those detainees to make outside contact.
  • To be sure, both Iraqi and Kurdish forces have arrested hundreds of fighters but what it is less clear is how many have remained in custody.
  • There are international rules for the treatment of prisoners of war but each nation decides how to treat its own criminals. And therefore it is up to the Iraqi government if it will expend resources to bring a case against a prisoner through its tenuous court system.
  • When roughly 100 ISIS fighters launched a surprise attack last month on the Iraqi city of Rutbah, for example, half the ISIS fighters involved were killed in the 36-hour battle, U.S. Air Force Col. John Dorrian told The Daily Beast.
  • There could be more ISIS detainees in the weeks ahead, as Iraqi Security Forces and Kurdish Peshmerga fighters start the block-by-block clearance of Mosul, Pentagon officials said, as it will be much harder for ISIS militants to flee in that urban environment. Iraqi security forces and Kurdish Peshmerga forces first reached the city borders last week.
  • The U.S. troops joining local forces in the push against Mosul are only there in an advisory role, Pentagon officials have said.
marleymorton

Here are the lies Paul Ryan told about Obamacare during his town hall meeting - 0 views

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    We know that House Speaker Paul D. Ryan (R-Wisc.) is desperate to repeal the Affordable Care Act. What he never has been able to explain adequately is why. Oh, sure, Ryan has offered some rhetorical explanations. He says Obamacare is "collapsing." That it's in a "death spiral." That it's a "struggle" for Americans.
Javier E

What Gamergate should have taught us about the 'alt-right' | Technology | The Guardian - 0 views

  • Gamergate
  • The 2014 hashtag campaign, ostensibly founded to protest about perceived ethical failures in games journalism, clearly thrived on hate – even though many of those who aligned themselves with the movement either denied there was a problem with harassment, or wrote it off as an unfortunate side effect
  • ure, women, minorities and progressive voices within the industry were suddenly living in fear. Sure, those who spoke out in their defence were quickly silenced through exhausting bursts of online abuse. But that wasn’t why people supported it, right? They were disenfranchised, felt ignored, and wanted to see a systematic change.
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  • Is this all sounding rather familiar now? Does it remind you of something?
  • The similarities between Gamergate and the far-right online movement, the “alt-right”, are huge, startling and in no way a coincidence
  • fter all, the culture war that began in games now has a senior representative in The White House. As a founder member and former executive chair of Brietbart News, Steve Bannon had a hand in creating media monster Milo Yiannopoulos, who built his fame and Twitter following by supporting and cheerleading Gamergate. This hashtag was the canary in the coalmine, and we ignored it.
  • Gamergate was an online movement that effectively began because a man wanted to punish his ex girlfriend. Its most notable achievement was harassing a large number of progressive figures - mostly women – to the point where they felt unsafe or considered leaving the industry
  • The same voices moved into other geek communities, especially comics, where Marvel and DC were criticised for progressive storylines and decisions. They moved into science fiction with the controversy over the Hugo awards. They moved into cinema with the revolting kickback against the all-female Ghostbusters reboot.
  • no one in the movement was willing to be associated with the abuse being carried out in its name. Prominent supporters on Twitter, in subreddits and on forums like 8Chan, developed a range of pernicious rhetorical devices and defences to distance themselves from threats to women and minorities in the industry: the targets were lying or exaggerating, they were too precious; a language of dismissal and belittlement was formed against them. Safe spaces, snowflakes, unicorns, cry bullies. Even when abuse was proven, the usual response was that people on their side were being abused too. These techniques, forged in Gamergate, have become the standard toolset of far-right voices online
  • In 2016, new wave conservative media outlets like Breitbart have gained trust with their audience by painting traditional news sources as snooty and aloof. In 2014, video game YouTube stars, seeking to appear in touch with online gaming communities, unscrupulously proclaimed that traditional old-media sources were corrupt. Everything we’re seeing now, had its precedent two years ago.
  • With 2014’s Gamergate, Breitbart seized the opportunity to harness the pre-existing ignorance and anger among disaffected young white dudes. With Trump’s movement in 2016, the outlet was effectively running his campaign: Steve Bannon took leave of his role at the company in August 2016 when he was hired as chief executive of Trump’s presidential campaign
  • young men converted via 2014’s Gamergate, are being more widely courted now. By leveraging distrust and resentment towards women, minorities and progressives, many of Gamergate’s most prominent voices – characters like Mike Cernovich, Adam Baldwin, and Milo Yiannopoulos – drew power and influence from its chaos
  • These figures gave Gamergate a new sense of direction – generalising the rhetoric: this was now a wider war between “Social Justice Warriors” (SJWs) and everyday, normal, decent people. Games were simply the tip of the iceberg – progressive values, went the argument, were destroying everything
  • it quickly became clear that the GamerGate movement was a mess – an undefined mission to Make Video Games Great Again via undecided means.
  • Using 4chan (and then the more sympathetic offshoot 8Chan) to plan their subversions and attacks made Gamergate a terribly sloppy operation, leaving a trail of evidence that made it quite clear the whole thing was purposefully, plainly nasty. But the video game industry didn’t have the spine to react, and allowed the movement to coagulate – forming a mass of spiteful disappointment that Breitbart was only more than happy to coddle
  • Historically, that seems to be Breitbart’s trick - strongly represent a single issue in order to earn trust, and then gradually indoctrinate to suit wider purposes. With Gamergate, they purposefully went fishing for anti-feminists. 2016’s batch of fresh converts – the white extremists – came from enticing conspiracy theories about the global neoliberal elite secretly controlling the world.
  • The greatest strength of Gamergate, though, was that it actually appeared to represent many left-leaning ideals: stamping out corruption in the press, pushing for better ethical practices, battling for openness.
  • There are similarities here with many who support Trump because of his promises to put an end to broken neo-liberalism, to “drain the swamp” of establishment corruption. Many left-leaning supporters of Gamergate sought to intellectualise their alignment with the hashtag, adopting familiar and acceptable labels of dissent – identifying as libertarian, egalitarian, humanist.
  • At best they unknowingly facilitated abuse, defending their own freedom of expression while those who actually needed support were threatened and attacked.
  • Genuine discussions over criticism, identity and censorship were paralysed and waylaid by Twitter voices obsessed with rhetorical fallacies and pedantic debating practices. While the core of these movements make people’s lives hell, the outer shell – knowingly or otherwise – protect abusers by insisting that the real problem is that you don’t want to talk, or won’t provide the ever-shifting evidence they politely require.
  • In 2017, the tactics used to discredit progressive game critics and developers will be used to discredit Trump and Bannon’s critics. There will be gaslighting, there will be attempts to make victims look as though they are losing their grip on reality, to the point that they gradually even start to believe it. The “post-truth” reality is not simply an accident – it is a concerted assault on the rational psyche.
  • The strangest aspect of Gamergate is that it consistently didn’t make any sense: people chose to align with it, and yet refused responsibility. It was constantly demanded that we debate the issues, but explanations and facts were treated with scorn. Attempts to find common ground saw the specifics of the demands being shifted: we want you to listen to us; we want you to change your ways; we want you to close your publication down. This movement that ostensibly wanted to protect free speech from cry bully SJWs simultaneously did what it could to endanger sites it disagreed with, encouraging advertisers to abandon support for media outlets that published stories critical of the hashtag. The petulance of that movement is disturbingly echoed in Trump’s own Twitter feed.
  • Looking back, Gamergate really only made sense in one way: as an exemplar of what Umberto Eco called “eternal fascism”, a form of extremism he believed could flourish at any point in, in any place – a fascism that would extol traditional values, rally against diversity and cultural critics, believe in the value of action above thought and encourage a distrust of intellectuals or experts – a fascism built on frustration and machismo. The requirement of this formless fascism would – above all else – be to remain in an endless state of conflict, a fight against a foe who must always be portrayed as impossibly strong and laughably weak
  • 2016 has presented us with a world in which our reality is being wilfully manipulated. Fake news, divisive algorithms, misleading social media campaigns.
  • The majority of people who voted for Trump will never take responsibility for his racist, totalitarian policies, but they’ll provide useful cover and legitimacy for those who demand the very worst from the President Elect. Trump himself may have disavowed the “alt-right”, but his rhetoric has led to them feeling legitimised. As with Gamergate, the press risks being manipulated into a position where it has to tread a respectful middle ground that doesn’t really exist.
  • Perhaps the true lesson of Gamergate was that the media is culturally unequipped to deal with the forces actively driving these online movements. The situation was horrifying enough two years ago, it is many times more dangerous now.
Javier E

Facebook will start telling you when a story may be fake - The Washington Post - 0 views

  • The social network is going to partner with the Poynter International Fact-Checking Network, which includes groups such as Snopes and the Associated Press, to evaluate articles flagged by Facebook users. If those articles do not pass the smell test for the fact-checkers, Facebook will label that evaluation whenever they are posted or shared, along with a link to the organization that debunked the story.
  • Mosseri said the social network still wants to be a place where people with all kinds of opinions can express themselves but has no interest in being the arbiter of what’s true and what's not for its 1 billion users.
  • The new system will work like this: If a story on Facebook is patently false — saying that a celebrity is dead when they are still alive, for example — then users will see a notice that the story has been disputed or debunked. People who try to share stories that have been found false will also see an alert before they post. Flagged stories will appear lower in the news feed than unflagged stories.
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  • Users will also be able to report potentially false stories to Facebook or send messages directly to the person posting a questionable article.
  • The company is focusing, for now, on what Mosseri called the “bottom of the barrel” websites that are purposefully set up to deceive and spread fake news, as well as those that are impersonating other news organizations. “We are not looking to flag legitimate organizations,” Mosseri said. “We’re looking for pages posing as legitimate organizations.” Articles from legitimate sites that are controversial or even wrong should not get flagged, he said.
  • The company will also prioritize checking stories that are getting lots of flags from users and are being shared widely, to go after the biggest targets possible.
  • "From a journalistic side, is it enough? It’s a little late.”
  • Facebook is fine to filter out other content -- such as pornography -- for which the definition is unclear. There's no clear explanation for why Facebook hasn't decided to apply similar filters to fake news. “I think that’s a little weak,” Tu said. “If you recognize that it’s bad and journalists at the AP say it’s bad, you shouldn’t have it on your site.”
  • Others said Facebook's careful approach may be warranted. "I think we'll have to wait and see early results to determine how effective the strategy is," said Alexios Mantzarlis, of Poynter's International Fact-Checking Network. "In my eyes, erring on the side of caution is not a bad idea with something so complicated," he said
  • Facebook is also trying to crack down on people who have made a business in fake news by tweaking the social network's advertising practices. Any article that has been disputed, for example, cannot be used in an ad. Facebook is also playing around with ways to limit links from publishers with landing pages that are mostly ads — a common tactic for fake-news websites
  • With those measures in place, “we’re hoping financially motivated spammers might move away from fake news,” Mosseri said
  • Paul Horner, a fake news writer who makes a living writing viral hoaxes, said he wasn't immediately worried about Facebook's new crackdown on fake news sites. "It's really easy to start a new site. I have 50 domain names. I have a dedicated server. I can start up a new site within 48 hours," he said, shortly after Facebook announced its new anti-hoax programs.  If his sites, which he describes as "satire"-focused, do end up getting hit too hard, Horner says he has "backup plans."
ecfruchtman

UK adopts official anti-Semitism definition - 0 views

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    It is the first country to embrace the International Holocaust Remembrance Alliance's (IHRA) explanation of the term, according to that organization. It aims to make it harder for culprits to get away with harassing and abusing Jews.
maddieireland334

Hillary Clinton's email problems just got much worse - The Washington Post - 0 views

  • The State Department’s inspector general released its report on the email practices of Clinton and a number of other past secretaries of state.
  • The report, which you can read in its entirety here, badly complicates Clinton’s past explanations about the server and whether she complied fully with the laws in place governing electronic communication. And it virtually ensures that Clinton’s email practices will be front and center in Donald Trump’s fusillade of attacks against her credibility and honesty between now and Nov. 8.
  • The inspector general, in a long-awaited review obtained Wednesday by The Washington Post in advance of its publication, found that Clinton’s use of private email for public business was “not an appropriate method” of preserving documents and that her practices failed to comply with department policies meant to ensure that federal record laws are followed.
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  • The report says Clinton, who is the Democratic presidential front-runner, should have printed and saved her emails during her four years in office or surrendered her work-related correspondence immediately upon stepping down in February 2013.
  • Clinton’s team has spent months casting the State Department inspector general’s office as overly aggressive and working hand in hand with congressional Republicans to cast the former secretary of state in the worst possible light.
  • It was particularly critical of former secretary of state Colin Powell — who has acknowledged publicly that he used a personal email account to conduct business — concluding that he too failed to follow department policy designed to comply with public-record laws.
  • For a candidate already struggling to overcome a perception that she is neither honest nor trustworthy, the IG report makes that task significantly harder.
  • Clinton remains blessed that Republicans are on the verge of nominating Donald Trump, a candidate whose numbers on honesty, trustworthiness and even readiness to lead are worse — and in some cases, far worse — than hers. But Trump’s task of casting her as “Crooked Hillary” just got easier.
Javier E

The Astonishing Age of a Neanderthal Cave Construction Site - The Atlantic - 0 views

  • After drilling into the stalagmites and pulling out cylinders of rock, the team could see an obvious transition between two layers. On one side were old minerals that were part of the original stalagmites; on the other were newer layers that had been laid down after the fragments were broken off by the cave’s former users. By measuring uranium levels on either side of the divide, the team could accurately tell when each stalagmite had been snapped off for construction.Their date? 176,500 years ago, give or take a few millennia.
  • Outside Bruniquel Cave, the earliest, unambiguous human constructions are  just 20,000 years old. Most of these are ruins—collapsed collections of mammoth bones and deer antlers. By comparison, the Bruniquel stalagmite rings are well-preserved and far more ancient.
  • Neanderthals must have been responsible. There simply wasn’t any other hominin in that region at that time.
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  • Why did they build the rings and mounds? The structures weren’t foundations for huts; the chamber contains no stone tools, human bones, or any other sign of permanent occupation, and besides, why build shelter inside a cave? “A plausible explanation is that this was a meeting place for some type of ritual social behavior,”
  • Nor is it clear how the Neanderthals made the structures. Verheyden says it couldn’t have been one lone artisan, toiling away in the dark. Most likely, there was a team, and a technically skilled one at that. They broke rocks deliberately, and arranged them precisely. They used fire, too.
  • “The Neanderthal group responsible for these constructions had a level of social organization that was more complex than previously thought,” the team writes.
  • These discoveries are part of the Neanderthals’ ongoing rehabilitation.
  • we now know that Neanderthals made tools, used fire, made art, buried their dead, and perhaps even had language. “The new findings have ushered a transformation of the Neanderthal from a knuckle-dragging savage rightfully defeated in an evolutionary contest, to a distant cousin that holds clues to our identity,”
  • we have several lines of evidence showing that the cognitive abilities and behaviors of Neanderthals were complex,” says Marie Soressi from Leiden University. “But we had no direct evidence of their ability to build. That changes the picture for me. It’s puzzling to find such structures so deep inside the cave.”
Javier E

Blaming the Chief Justice - The New York Times - 0 views

  • In trying to understand how one of the most conservative members of the most conservative court in decades has come to be viewed by fellow conservatives as an enemy of the people, several possible explanations come to mind.
  • Derangement may be one. A mind-clouding obsession with the Affordable Care Act is another.
  • The scapegoating of Chief Justice Roberts is the clearest demonstration yet of a profound shift in the political polarity of judicial activism.
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  • For decades, conservative politicians railed against the “judicial activism” of judges who overturned democratically enacted legislation, accusing such judges of seeking to use the power of the courts to impose their own political and social agendas
  • Now it’s judges who decline to strike down laws who stand accused of being political. Not so long ago, “judicial restraint” was a conservative goal against which judicial performance was measured. Now it’s an epithet hurled at, of all people, Chief Justice Roberts
  • whose opinion four years ago gutting the Voting Rights Act of 1965 on the basis of a newly manufactured theory of federalism was undoubtedly one of the most activist of all recent Supreme Court decisions. That was the good kind of activism, it seems. Nothing political there. It’s judicial restraint that’s political.
  • The fear of judicial restraint runs deep. Ilya Shapiro, the Cato Institute scholar who blamed John Roberts for Donald Trump, expressed it vividly. Lamenting the failure of the attack on the Affordable Care Act, he wrote, seemingly without irony: “Constitutional conservatism simply couldn’t survive judicial conservatism.”
Javier E

Minsky's moment | The Economist - 0 views

  • Minsky started with an explanation of investment. It is, in essence, an exchange of money today for money tomorrow. A firm pays now for the construction of a factory; profits from running the facility will, all going well, translate into money for it in coming years.
  • Put crudely, money today can come from one of two sources: the firm’s own cash or that of others (for example, if the firm borrows from a bank). The balance between the two is the key question for the financial system.
  • Minsky distinguished between three kinds of financing. The first, which he called “hedge financing”, is the safest: firms rely on their future cashflow to repay all their borrowings. For this to work, they need to have very limited borrowings and healthy profits. The second, speculative financing, is a bit riskier: firms rely on their cashflow to repay the interest on their borrowings but must roll over their debt to repay the principal. This should be manageable as long as the economy functions smoothly, but a downturn could cause distress. The third, Ponzi financing, is the most dangerous. Cashflow covers neither principal nor interest; firms are betting only that the underlying asset will appreciate by enough to cover their liabilities. If that fails to happen, they will be left exposed.
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  • Economies dominated by hedge financing—that is, those with strong cashflows and low debt levels—are the most stable. When speculative and, especially, Ponzi financing come to the fore, financial systems are more vulnerable. If asset values start to fall, either because of monetary tightening or some external shock, the most overstretched firms will be forced to sell their positions. This further undermines asset values, causing pain for even more firms. They could avoid this trouble by restricting themselves to hedge financing. But over time, particularly when the economy is in fine fettle, the temptation to take on debt is irresistible. When growth looks assured, why not borrow more? Banks add to the dynamic, lowering their credit standards the longer booms last. If defaults are minimal, why not lend more? Minsky’s conclusion was unsettling. Economic stability breeds instability. Periods of prosperity give way to financial fragility.
  • Minsky’s insight might sound obvious. Of course, debt and finance matter. But for decades the study of economics paid little heed to the former and relegated the latter to a sub-discipline, not an essential element in broader theories.
  • Minsky was a maverick. He challenged both the Keynesian backbone of macroeconomics and a prevailing belief in efficient markets.
  • t Messrs Hicks and Hansen largely left the financial sector out of the picture, even though Keynes was keenly aware of the importance of markets. To Minsky, this was an “unfair and naive representation of Keynes’s subtle and sophisticated views”. Minsky’s financial-instability hypothesis helped fill in the holes.
  • His challenge to the prophets of efficient markets was even more acute. Eugene Fama and Robert Lucas, among others, persuaded most of academia and policymaking circles that markets tended towards equilibrium as people digested all available information. The structure of the financial system was treated as almost irrelevant
  • In recent years, behavioural economists have attacked one plank of efficient-market theory: people, far from being rational actors who maximise their gains, are often clueless about what they want and make the wrong decisions.
  • But years earlier Minsky had attacked another: deep-seated forces in financial systems propel them towards trouble, he argued, with stability only ever a fleeting illusion.
  • Investors were faster than professors to latch onto his views. More than anyone else it was Paul McCulley of PIMCO, a fund-management group, who popularised his ideas. He coined the term “Minsky moment” to describe a situation when debt levels reach breaking-point and asset prices across the board start plunging. Mr McCulley initially used the term in explaining the Russian financial crisis of 1998. Since the global turmoil of 2008, it has become ubiquitous. For investment analysts and fund managers, a “Minsky moment” is now virtually synonymous with a financial crisis.
  • it would be a stretch to expect the financial-instability hypothesis to become a new foundation for economic theory. Minsky’s legacy has more to do with focusing on the right things than correctly structuring quantifiable models. It is enough to observe that debt and financial instability, his main preoccupations, have become some of the principal topics of inquiry for economists today
  • As Mr Krugman has quipped: “We are all Minskyites now.”
Javier E

The Myth of Cosmopolitanism - The New York Times - 0 views

  • Genuine cosmopolitanism is a rare thing. It requires comfort with real difference, with forms of life that are truly exotic relative to one’s own. It takes its cue from a Roman playwright’s line that “nothing human is alien to me,” and goes outward ready to be transformed by what it finds.
  • The people who consider themselves “cosmopolitan” in today’s West, by contrast, are part of a meritocratic order that transforms difference into similarity, by plucking the best and brightest from everywhere and homogenizing them into the peculiar species that we call “global citizens.”
  • This species is racially diverse (within limits) and eager to assimilate the fun-seeming bits of foreign cultures — food, a touch of exotic spirituality
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  • But no less than Brexit-voting Cornish villagers, our global citizens think and act as members of a tribe.
  • They have their own distinctive worldview (basically liberal Christianity without Christ), their own common educational experience, their own shared values and assumptions (social psychologists call these WEIRD — for Western, Educated, Industrialized, Rich and Democratic)
  • and of course their own outgroups (evangelicals, Little Englanders) to fear, pity and despise.
  • it’s a problem that our tribe of self-styled cosmopolitans doesn’t see itself clearly as a tribe: because that means our leaders can’t see themselves the way the Brexiteers and Trumpistas and Marine Le Pen voters see them.
  • They can’t see that what feels diverse on the inside can still seem like an aristocracy to the excluded, who look at cities like London and see, as Peter Mandler wrote for Dissent after the Brexit vote, “a nearly hereditary professional caste of lawyers, journalists, publicists, and intellectuals, an increasingly hereditary caste of politicians, tight coteries of cultural movers-and-shakers richly sponsored by multinational corporations.”
  • They can’t see that paeans to multicultural openness can sound like self-serving cant coming from open-borders Londoners who love Afghan restaurants but would never live near an immigrant housing project, or American liberals who hail the end of whiteness while doing everything possible to keep their kids out of majority-minority schools.
  • They can’t see that their vision of history’s arc bending inexorably away from tribe and creed and nation-state looks to outsiders like something familiar from eras past: A powerful caste’s self-serving explanation for why it alone deserves to rule the world.
Javier E

How 'Concept Creep' Made Americans So Sensitive to Harm - The Atlantic - 0 views

  • How did American culture arrive at these moments? A new research paper by Nick Haslam, a professor of psychology at the University of Melbourne, Australia, offers as useful a framework for understanding what’s going on as any I’ve seen. In “Concept Creep: Psychology's Expanding Concepts of Harm and Pathology,”
  • concepts like abuse, bullying, trauma, mental disorder, addiction, and prejudice, “now encompass a much broader range of phenomena than before,”expanded meanings that reflect “an ever-increasing sensitivity to harm.”
  • “they also have potentially damaging ramifications for society and psychology that cannot be ignored.”
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  • He calls these expansions of meaning “concept creep.”
  • critics may hold concept creep responsible for damaging cultural trends, he writes, “such as supposed cultures of fear, therapy, and victimhood, the shifts I present have some positive implications.”
  • How did a working-class mom get arrested, lose her fast food job, and temporarily lose custody of her 9-year-old for letting the child play alone at a nearby park?
  • The concept of abuse expanded too far.
  • Classically, psychological investigations recognized two forms of child abuse, physical and sexual, Haslam writes. In more recent decades, however, the concept of abuse has witnessed “horizontal creep” as new forms of abuse were recognized or studied. For example, “emotional abuse” was added as a new subtype of abuse. Neglect, traditionally a separate category, came to be seen as a type of abuse, too.
  • Meanwhile, the concept of abuse underwent “vertical creep.” That is, the behavior seen as qualifying for a given kind of abuse became steadily less extreme. Some now regard any spanking as physical abuse. Within psychology, “the boundary of neglect is indistinct,” Haslam writes. “As a consequence, the concept of neglect can become over-inclusive, identifying behavior as negligent that is substantially milder or more subtle than other forms of abuse. This is not to deny that some forms of neglect are profoundly damaging, merely to argue that the concept’s boundaries are sufficiently vague and elastic to encompass forms that are not severe.”
  • Concept creep is inevitable and vital if society is to make good use of new information. But why has the direction of concept creep, across so many different concepts, trended toward greater sensitivity to harm as opposed to lesser sensitivity?
  • Haslam endorses two theories
  • One concerns the field of psychology and its incentives. “It could be argued that just as successful species increase their territory, invading and adapting to new habitats, successful concepts and disciplines also expand their range into new semantic niches,” he theorizes. “Concepts that successfully attract the attention of researchers and practitioners are more likely to be applied in new ways and new contexts than those that do not.”
  • The other theory posits an ideological explanation. “Psychology has played a role in the liberal agenda of sensitivity to harm and responsiveness to the harmed,” he writes “and its increased focus on negative phenomena—harms such as abuse, addiction, bullying, mental disorder, prejudice, and trauma—has been symptomatic of the success of that social agenda.”
  • Jonathan Haidt, who believes it has gone too far, offers a fourth theory. “If an increasingly left-leaning academy is staffed by people who are increasingly hostile to conservatives, then we can expect that their concepts will shift, via motivated scholarship, in ways that will help them and their allies (e.g., university administrators) to prosecute and condemn conservatives,
  • there are many reasons to be concerned about excessive sensitivity to harm:
  • While Haslam and Haidt appear to have meaningfully different beliefs about why concept creep arose within academic psychology and spread throughout society, they were in sufficient agreement about its dangers to co-author a Guardian op-ed on the subject.
  • It focuses on how greater sensitivity to harm has affected college campuses.
  • “Of course young people need to be protected from some kinds of harm, but overprotection is harmful, too, for it causes fragility and hinders the development of resilience,” they wrote. “As Nasim Taleb pointed out in his book Antifragile, muscles need resistance to develop, bones need stress and shock to strengthen and the growing immune system needs to be exposed to pathogens in order to function. Similarly, he noted, children are by nature anti-fragile – they get stronger when they learn to recover from setbacks, failures and challenges to their cherished ideas.”
  • police officers fearing harm from dogs kill them by the hundreds or perhaps thousands every year in what the DOJ calls an epidemic.
  • After the terrorist attacks of September 11, 2001, the Bush Administration and many Americans grew increasingly sensitive to harms, real and imagined, from terrorism
  • Dick Cheney declared, “If there's a 1% chance that Pakistani scientists are helping al-Qaeda build or develop a nuclear weapon, we have to treat it as a certainty in terms of our response. It's not about our analysis ... It's about our response.” The invasion of Iraq was predicated, in part, on the idea that 9/11 “changed everything,”
  • Before 9/11, the notion of torturing prisoners was verboten. After the Bush Administration’s torture was made public, popular debate focused on mythical “ticking time bomb” scenarios, in which a whole city would be obliterated but for torture. Now Donald Trump suggests that torture should be used more generally against terrorists. Torture is, as well, an instance in which people within the field of psychology pushed concept creep in the direction of less sensitivity to harm,
  • Concept creep can be necessary or needless. It can align concepts more or less closely with underlying realities. It can change society for better or worse. Yet many who push for more sensitivy to harm seem unaware of how oversensitivty can do harm.
Javier E

What's the matter with Dem? Thomas Frank talks Bill Clinton, Barack Obama and everythin... - 0 views

  • The Democrats are a class party; it’s just that the class in question is not the one we think it is. It’s not working people, you know, middle class. It’s the professional class. It’s people with advanced degrees. They use that phrase themselves, all the time: the professional class.
  • What is the professional class?The advanced degrees is an important part of it. Having a college education is obviously essential to it. These are careers based on educational achievement. There’s the sort of core professions going back to the 19th century like doctors, lawyers, architects, engineers, but nowadays there’s many, many, many more and it’s a part of the population that’s expanded. It’s a much larger group of people now than it was 50 or 60 years ago thanks to the post-industrial economy. You know math Ph.Ds that would write calculations on Wall Street for derivative securities or like biochemists who work in pharmaceutical companies. There’s hundreds of these occupations now, thousands of them. It’s a much larger part of the population now than it used to be. But it still tends to be very prosperous people
  • there’s basically two hierarchies in America. One is the hierarchy of money and big business and that’s really where the Republicans are at: the one percent, the Koch brothers, that sort of thing.
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  • The hierarchy of status is a different one. The professionals are the apex of that hierarchy.
  • these two hierarchies live side by side. They share a lot of the same assumptions about the world and a lot of the same attitudes, but they also differ in important ways. So I’m not one of these people who says the Democrats and the Republicans are the same. I don’t think they are. But there are sometimes similarities between these two groups.
  • professionals tend to be very liberal on essentially any issue other than workplaces issues. So on every matter of cultural issues, culture war issues, all the things that have been so prominent in the past, they can be very liberal.
  • On economic questions, however, they tend not to be. (dishes clattering) They tend to be much more conservative. And their attitudes towards working-class people in general and organized labor specifically is very contemptuous.
  • if you look just back to the Bill Clinton administration: In policy after policy after policy, he was choosing between groups of Americans, and he was always choosing the interests of professionals over the interests of average people. You take something like NAFTA, which was a straight class issue, right down the middle, where working people are on one side of the divide and professionals are on another. And they’re not just on either side of the divide: Working people are saying, “This is a betrayal. You’re going to ruin us.” And professional people are saying, “What are you talking about? This is a no-brainer. This is what you learn on the first day of economics class.” And hilariously, the working people turned out to be right about that. The people flaunting their college degrees turned out to be wrong.
  • Every policy decision he made was like this. The crime bill of 1994, which was this sort of extraordinary crackdown on all sorts of different kinds of people. And at the same time he’s deregulating Wall Street.
  • You’re teaching a course that meets three times a week and you’re getting $1,500 for an entire semester. That was a shocking lesson but at the same time that was happening to us, the price of college was going up and up and up, because increasingly the world or increasingly the American public understands and believes that you have to have a college degree to get ahead in life. So they are charging what the markets can bear
  • If you go down the list of leading Democrats, leading Democratic politicians, what you find is that they’re all plucked from obscurity by fancy universities. This is their life story. Bill Clinton was from a town in Arkansas, goes to Georgetown, becomes a Rhodes Scholar, goes to Yale Law School — the doors of the world open up for him because of college.
  • beginning in the 1960s, Americans decided that the right way to pursue opportunities was through the university. It’s more modern than you think. I was reading a book about social class from right after World War II. And the author was describing this transition, this divide between people who came up through their work, who learned on the job and were promoted, versus people who went to universities. And this was in the ’40s. But by the time Bill Clinton was coming up in the ’60s, university was essential
  • just look at his cabinet choices, which are all from a very concentrated very narrow sector of the American elite. It’s always Ivy League institutions.
  • The tuition price spiral is one of the great landmark institutions of our country in the last couple of decades.
  • Or deregulating telecoms. Or capital gains tax cuts. It’s always choosing one group over another.
  • look, I’m in favor of education. I think people should be educated, should go to college. I think it’s insane that it costs as much as it does. And I think that the country is increasingly agreeing with me
  • The student debt crisis? This is unbearable. We have put an entire generation of young people — basically they come out of college with the equivalent of a mortgage and very little to show for it. It’s unbelievable that we’ve done this. My dad went to college basically for free. It wasn’t even that expensive when I went, in the early 1980s. This is unbelieveable what we’re doing to young people now and it can’t go on
  • You seem to be suggesting, the way you talk about the Democrats, that somehow this is elitist and to pursue an education puts you out of touch with real people.I don’t think so. Especially since we’re rapidly becoming a country where — what is the percentage of people who have a college degree now? It’s pretty high. It’s a lot higher than it was when I was young.
  • One of the chronic failings of meritocracy is orthodoxy. You get people who don’t listen to voices outside their discipline. Economists are the most flagrant example of this. The economics profession, which treats other ways of understanding the world with utter contempt. And in fact they treat a lot of their fellow economists with utter contempt.
  • there’s no solidarity in a meritocracy. The guys at the top of the profession have very little sympathy for the people at the bottom. When one of their colleagues gets fired, they don’t go out on strike
  • There’s no solidarity in this group, but there is this amazing deference between the people at the top. And that’s what you see with Obama. He’s choosing those guys.
  • you start to wonder, maybe expertise is a problem.But I don’t think so. I think it’s a number of things.
  • The first is orthodoxy which I mentioned
  • when Clinton ran in ’92, they were arguing about inequality then as well. And it’s definitely the question of our time. The way that issue manifested was Wall Street in ’08 and ’09. He could have taken much more drastic steps. He could have unwound bailouts, broken up the banks, fired some of those guys. They bailed out banks in the Roosevelt years too and they broke up banks all the time. They put banks out of business. They fired executives, all that sort of thing. It is all possible, there is precedent and he did none of it
  • the third thing is this. You go back and look at when government by expert has worked, because it has worked. It worked in the Roosevelt administration, very famously. They called it the Brains Trust. These guys were excellent.
  • These were not the cream of the intellectual crop. Now he did have some Harvard- and Yale-certified brains but even these were guys who were sort of in protest. Galbraith: This is a man who spent his entire career at war with economic orthodoxy. I mean, I love that guy. You go right on down the list. Its amazing the people he chose. They weren’t all from this one part of American life.
  • Is there a hero in your book?I don’t think there is.
  • The overarching question of our time is inequality, as [Obama] himself has said. And it was in Bill Clinton’s time too.Well you look back over his record and he’s done a better job than most people have done. He’s no George W. Bush. He hasn’t screwed up like that guy did. There have been no major scandals. He got us out of the Iraq war. He got us some form of national health insurance. Those are pretty positive things. But you have to put them in the context of the times, weigh them against what was possible at the time. And compared to what was possible, I think, no. It’s a disappointment.
  • The second is that a lot of the professions have been corrupted. This is a very interesting part of the book, which I don’t explore at length. I wish I had explored it more. The professions across the board have been corrupted — accounting, real estate appraisers, you just go down the list
  • What else? You know a better solution for health care. Instead he has this deal where insurance companies are basically bullet-proof forever. Big Pharma. Same thing: When they write these trade deals, Big Pharma is always protected in them. They talk about free trade. Protectionism is supposed to be a bad word. Big Pharma is always protected when they write these trade deals.
  • You talk about “a way of life from which politicians have withdrawn their blessing.” What is that way of life?You mean manufacturing?You tell me. A sort of blue-collar way of life. It’s the America that I remember from 20, 30, 40 years ago. An America where ordinary people without college degrees were able to have a middle class standard of living. Which was — this is hard for people to believe today — that was common when I was young
  • Today that’s disappeared. It’s disappearing or it has disappeared. And we’ve managed to convince ourselves that the reason it’s disappeared is because — on strictly meritocratic grounds, using the logic of professionalism — that people who didn’t go to college don’t have any right to a middle-class standard of living. They aren’t educated enough. You have to be educated if you want a middle-class standard of living.
  • here have been so many different mechanisms brought into play in order to take their power away. One is the decline of organized labor. It’s very hard to form a union in America. If you try to form a union in the workplace, you’ll just get fired. This is well known. Another, NAFTA. All the free trade treaties we’ve entered upon have been designed to give management the upper hand over their workers. They can threaten to move the plant. That used to happen of course before NAFTA but now it happens more often.
  • Basically everything we’ve done has been designed to increase the power of management over labor in a broad sociological sense.
  • And then you think about our solutions for these things. Our solutions for these things always have something to do with education. Democrats look at the problems I am describing and for every economic problem, they see an educational solution
  • The problem is not that we aren’t smart enough; the problem is that we don’t have any power
  • Why do you think that is?I go back to the same explanation which is that Obama and company, like Clinton and company, are in thrall to a world view that privileges the interest of this one class over everybody else. And Silicon Valley is today when you talk about the creative class or whatever label you want to apply to this favored group, Silicon Valley is the arch-representative.
  • So do you think it’s just a matter of being enthralled or is it a matter of money? Jobs? Oh the revolving door! Yes. The revolving door, I mean these things are all mixed together.
  • When you talk about social class, yes, you are talking about money. You are talking about the jobs that these people do and the jobs that they get after they’re done working for government. Or before they begin working for government. So the revolving door — many people have remarked upon the revolving door between the Obama administration and Wall Street.
  • Now it’s between the administration and Silicon Valley. There’s people coming in from Google. People going out to work at Uber.
  • the productivity advances that it has made possible are extraordinary. What I’m skeptical of is when we say, oh, there’s a classic example when Jeff Bezos says, ‘Amazon is not happening to book-selling. The future is happening to book-selling.’ You know when people cast innovation — the interests of my company — as, that’s the future. That’s just God. The invisible hand is doing that. It just is not so.
  • Every economic arrangement is a political decision. It’s not done by God. It’s not done by the invisible hand — I mean sometimes it is, but it’s not the future doing it. It’s in the power of our elected leaders to set up the economic arrangements that we live in. And to just cast it off and say, oh that’s just technology or the future is to just blow off the entire question of how we should arrange this economy that we’re stumbling into.
  • I may end up voting for Hillary this fall. If she’s the candidate and Trump is the Republican. You bet I’m voting for her. There’s no doubt in my mind. Unless something were to change really really really dramatically.
  • Bernie Sanders because he has raised the issues that I think are really critical. He’s a voice of discontent which we really need in the Democratic party. I’m so tired of this smug professional class satisfaction. I’ve just had enough of it. He’s talking about what happens to the millennials. That’s really important. He’s talking about the out-of-control price of college. He’s even talking about monopoly and anti-trust. He’s talking about health care. As far as I’m concerned, he’s hitting all the right notes. Now, Hillary, she’s not so bad, right? I mean she’s saying the same things. Usually after a short delay. But he’s also talking about trade. That’s critical. He’s really raising all of the issues, or most of the issues that I think really need to be raised.
  • My main critique is that she, like other professional class liberals who are so enthralled with meritocracy, that she can’t see this broader critique of all our economic arrangements that I’ve been describing to you. For her, every problem is a problem of the meritocracy: It’s how do we get talented people into the top ranking positions where they deserve to be
  • People who are talented should be able to rise to the top. I agree on all that stuff. However that’s not the problem right now. The problems are much more systemic, much deeper, much bigger. The whole thing needs to be called into question. So I think sometimes watching Hillary’s speeches that she just doesn’t get that
Javier E

Wrath of the Conned - The New York Times - 0 views

  • basically it comes down to fundamental differences between the parties and how they serve their supporters.
  • while the Democratic establishment more or less tries to make good on those promises, the Republican establishment has essentially been playing bait-and-switch for decades. And voters finally rebelled against the con
  • Things are very different among Republicans. Their party has historically won elections by appealing to racial enmity and cultural anxiety, but its actual policy agenda is dedicated to serving the interests of the 1 percent, above all through tax cuts for the rich — which even Republican voters don’t support, while they truly loathe elite ideas like privatizing Social Security and Medicare.
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  • What Donald Trump has been doing is telling the base that it can order à la carte. He has, in effect, been telling aggrieved white men that they can feed their anger without being forced to swallow supply-side economics, too
  • If there’s a puzzle here, it’s why this didn’t happen sooner. One possible explanation is the decadence of the G.O.P. establishment, which has become ingrown and lost touch. A
  • Probably more important, however, is the collision between demography and Obama derangement. The elite knows that the party must broaden its appeal as the electorate grows more diverse — in fact, that was the conclusion of the G.O.P.’s 2013 post-mortem. But the base, its hostility amped up to 11 after seven years of an African-American president (who the establishment has done its best to demonize) is having none of it.
  • The Republican establishment has been routed because it has been playing a con game on its supporters all along, and they’ve finally had enough.
Javier E

Donald Trump's Media Attacks Should Be Viewed as Brilliant | Time.com - 0 views

  • the central idea of journalism — the conviction, as my old boss Peter Kann once said, “that facts are facts; that they are ascertainable through honest, open-minded and diligent reporting; that truth is attainable by laying fact upon fact, much like the construction of a cathedral; and that truth is not merely in the eye of the beholder.”
  • the executive branch of government is engaged in a systematic effort to create a climate of opinion against the news business.
  • the question of what Mr. Trump might yet do by political methods against the media matters a great deal less than what he is attempting to do by ideological and philosophical methods.
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  • Ideologically, the president is trying to depose so-called mainstream media in favor of the media he likes — Breitbart News and the rest.
  • he’s trying to substitute news for propaganda, information for boosterism.
  • His objection is to objectivity itself. He’s perfectly happy for the media to be disgusting and corrupt — so long as it’s on his side.
  • that’s not all the president is doing.
  • Today, just 17% of adults aged 18-24 read a newspaper daily, down from 42% at the turn of the century. Today there are fewer than 33,000 full-time newsroom employees, a drop from 55,000 just 20 years ago.
  • “Many people say” is what’s known as an argumentum ad populum. If we were a nation of logicians, we would dismiss the argument as dumb.
  • The president is responding to a claim of fact not by denying the fact, but by denying the claim that facts are supposed to have on an argument.
  • He isn’t telling O’Reilly that he’s got his facts wrong. He’s saying that, as far as he is concerned, facts, as most people understand the term, don’t matter: That they are indistinguishable from, and interchangeable with, opinion; and that statements of fact needn’t have any purchase against a man who is either sufficiently powerful to ignore them or sufficiently shameless to deny them — or, in his case, both.
  • If I had to sum it up in a single sentence, it would be this: Truth is what you can get away with.
  • Today we have “dis-intermediating” technologies such as Twitter, which have cut out the media as the middleman between politicians and the public
  • Consider this recent exchange he had with Bill O’Reilly. O’Reilly asks:Is there any validity to the criticism of you that you say things that you can’t back up factually, and as the President you say there are three million illegal aliens who voted and you don’t have the data to back that up, some people are going to say that it’s irresponsible for the President to say that.To which the president replies:Many people have come out and said I’m right.
  • I personally think we crossed a rubicon in the Clinton years, when three things happened: we decided that some types of presidential lies didn’t matter; we concluded that “character” was an over-rated consideration when it came to judging a president; and we allowed the lines between political culture and celebrity culture to become hopelessly blurred.
  • “We have been re-defining deviancy so as to exempt much conduct previously stigmatized, and also quietly raising the ‘normal’ level in categories where behavior is now abnormal by any earlier standard,” Moynihan wrote.
  • If a public figure tells a whopping lie once in his life, it’ll haunt him into his grave. If he lies morning, noon and night, it will become almost impossible to remember any one particular lie. Outrage will fall victim to its own ubiquity.
  • It has been stunning to watch a movement that once believed in the benefits of free trade and free enterprise merrily give itself over to a champion of protectionism whose economic instincts recall the corporatism of 1930s Italy or 1950s Argentina.
  • One of the most interesting phenomena during the presidential campaign was waiting for Trump to say that one thing that would surely break the back of his candidacy.
  • Abraham Lincoln, in his first inaugural address, called on Americans to summon “the better angels of our nature.” Donald Trump’s candidacy, and so far his presidency, has been Lincoln’s exhortation in reverse.
  • Here’s a simple truth about a politics of dishonesty, insult and scandal: It’s entertaining.
  • Whichever way, it’s exhilarating. Haven’t all of us noticed that everything feels speeded up, more vivid, more intense and consequential? One of the benefits of an alternative-facts administration is that fiction can take you anywhere.
  • At some point, it becomes increasingly easy for people to mistake the reality of the performance for reality itself. If Trump can get through a press conference like that without showing a hint of embarrassment, remorse or misgiving—well, then, that becomes a new basis on which the president can now be judged.
  • I’ve offered you three ideas about how it is that we have come to accept the president’s behavior.
  • The first is that we normalize it, simply by becoming inured to constant repetition of the same bad behavior.
  • The second is that at some level it excites and entertains us.
  • And the third is that we adopt new metrics of judgment, in which politics becomes more about perceptions than performance—of how a given action is perceived as being perceived.
  • Let me add a fourth point here: our tendency to rationalize.
  • Overall, the process is one in which explanation becomes rationalization, which in turn becomes justification. Trump says X. What he really means is Y. And while you might not like it, he’s giving voice to the angers and anxieties of Z. Who, by the way, you’re not allowed to question or criticize, because anxiety and anger are their own justifications these days.
  • The most painful aspect of this has been to watch people I previously considered thoughtful and principled conservatives give themselves over to a species of illiberal politics from which I once thought they were immune.
  • In his 1953 masterpiece, “The Captive Mind,” the Polish poet and dissident Czeslaw Milosz analyzed the psychological and intellectual pathways through which some of his former colleagues in Poland’s post-war Communist regime allowed themselves to be converted into ardent Stalinists
  • They wanted to believe. They were willing to adapt. They thought they could do more good from the inside. They convinced themselves that their former principles didn’t fit with the march of history, or that to hold fast to one’s beliefs was a sign of priggishness and pig-headedness. They felt that to reject the new order of things was to relegate themselves to irrelevance and oblivion. They mocked their former friends who refused to join the new order as morally vain reactionaries. They convinced themselves that, brutal and capricious as Stalinism might be, it couldn’t possibly be worse than the exploitative capitalism of the West.
  • I fear we are witnessing a similar process unfold among many conservative intellectuals on the right.
  • The interesting conversation concerns how we come to accept those lies.
  • It is no less stunning to watch people once mocked Obama for being too soft on Russia suddenly discover the virtues of Trump’s “pragmatism” on the subject.
  • And it is nothing short of amazing to watch the party of onetime moral majoritarians, who spent a decade fulminating about Bill Clinton’s sexual habits, suddenly find complete comfort with the idea that character and temperament are irrelevant qualifications for high office.
  • There’s the same desperate desire for political influence; the same belief that Trump represents a historical force to which they ought to belong; the same willingness to bend or discard principles they once considered sacred; the same fear of seeming out-of-touch with the mood of the public; the same tendency to look the other way at comments or actions that they cannot possibly justify; the same belief that you do more good by joining than by opposing; the same Manichean belief that, if Hillary Clinton had been elected, the United States would have all-but ended as a country.
  • This is supposed to be the road of pragmatism, of turning lemons into lemonade. I would counter that it’s the road of ignominy, of hitching a ride with a drunk driver.
  • We each have our obligations to see what’s in front of one’s nose, whether we’re reporters, columnists, or anything else. This is the essence of intellectual integrity.
  • Not to look around, or beyond, or away from the facts, but to look straight at them, to recognize and call them for what they are, nothing more or less. To see things as they are before we re-interpret them into what we’d like them to be. To believe in an epistemology that can distinguish between truth and falsity, facts and opinions, evidence and wishes. To defend habits of mind and institutions of society, above all a free press, which preserve that epistemology. To hold fast to a set of intellectual standards and moral convictions that won’t waver amid changes of political fashion or tides of unfavorable opinion. To speak the truth irrespective of what it means for our popularity or influence.
  • The legacy of Danny Pearl is that he died for this. We are being asked to do much less. We have no excuse not to do it.
Javier E

Springtime for Scammers - The New York Times - 0 views

  • so far his economic policies are all about empowering ethically challenged businesses to cheat and exploit the little guy.
  • In particular, he and his allies in Congress are making it a priority to unravel financial reform — and specifically the parts of financial reform that protect consumers against predators.
  • Last week Mr. Trump released a memorandum calling on the Department of Labor to reconsider its new “fiduciary rule,” which requires financial advisers to act in their clients’ best interests
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  • He also issued an executive order designed to weaken the Dodd-Frank financial reform, enacted in 2010 in the aftermath of the financial crisis.
  • Why, after all, was the fiduciary rule created? The main issue here is retirement savings — the 401(k)’s and other plans that are Americans’ main source of retirement income over and above Social Security. To invest these funds, people have turned to financial professionals — but most probably weren’t aware that these professionals were under no legal obligation to give advice that maximized clients’ returns rather than their own incomes.
  • This is a big deal. A 2015 Obama administration study concluded that “conflicted investment advice” has been reducing the return on retirement savings by around one percentage point, costing ordinary Americans around $17 billion each year. Where has that $17 billion been going? Largely into the pockets of various financial-industry players.
  • why are consumer protections in the Trump firing line?
  • Gary Cohn, the Goldman Sachs banker appointed to head Mr. Trump’s National Economic Council — populism! — says that the fiduciary rule is like “putting only healthy food on the menu” and denying people the right to eat unhealthy food if they want it. Of course, it doesn’t do anything like that. If you want a better analogy, it’s like preventing restaurants from claiming that their 1400-calorie portions are health food.
  • Mr. Trump offers a different explanation for his hostility to financial reform: It’s hurting credit availability. “I have so many people, friends of mine that had nice businesses, they can’t borrow money.” I
  • Only 4 percent of the small firms surveyed by the National Federation of Independent Business report themselves unsatisfied with loan availability, a historic low.
Javier E

On Trump, Keep it Simple (In 5 Points) - 0 views

  • at this point we know Trump quite well.
  • 1: Trump is a Damaged Personality: Trump is an impulsive narcissist who is easily bored and driven mainly by the desire to chalk up 'wins' which drive the affirmation and praise which are his chief need and drive. He needs to dominate everyone around him and is profoundly susceptible to ego injuries tied to not 'winning', not being the best, not being sufficiently praised and acclaimed, etc. All of this drives a confrontational style and high levels of organizational chaos and drama.
  • 2: Trump is a Great Communicator: Trump has an intuitive and profound grasp of a certain kind of branding. It's not sophisticated. But mass branding seldom is. It is intuitive, even primal. 'Make America Great Again' may be awful and retrograde in all its various meanings. But it captured in myriad ways almost every demand, fear and grievance that motivated the Americans who eventually became the Trump base
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  • Despite his manic temperament, impulsiveness and emotional infantility, this acumen gives him real and in some ways profound communication skills. The two don't cancel each other out. They are both always present. They grow from the same root.
  • Despite all their differences, Trump meets his voters in a common perception (real or not) of being shunned, ignored and disrespected by 'elites'. In short, his politics and his connection with his core voters is based on grievance. This is a profound and enduring connection. This part of his constituency likely amounts to only 25% or 30% of the electorate at most. But it is a powerful anchor on the right.
  • the greatest single explanation of Trump is that his politics profoundly galvanized a minority of the electorate and only a minority of the electorate. Almost everyone who wasn't galvanized was repulsed. But once he had secured the GOP nomination with that minority, the power of partisan polarization kicked in to lock into place perhaps the next 15% to 20% of the electorate which otherwise would never have supported him.
  • As long as Trump remains "us" to Republican voters I see little reason to think anything we can imagine will shake that very high level of support he gets from self-identified Republicans. That likely means that, among other things, no matter how unpopular Trump gets, Republican lawmakers will continue to support him because the chances of ending their careers is greater in a GOP primary than in a general election
  • if Trump's ideology is fluid, he has drawn around him advisors who can only be termed extremists. I believe the chief reason is that Trump's authoritarian personality resonates with extremist politics and vice versa. We should expect them to keep catalyzing each other in dangerous and frightening ways.
  • What does all this mean? We should not think in terms of counter-intuition or 12 dimensional chess. Trump wants to be President and he wants to win and be the best. But he is generally unpopular, has a policy agenda which has great difficulty achieving majority support and a temperament which makes effective governance profoundly difficult.
  • That mix makes the praise and affirmation he craves as President extremely challenging to achieve. Like many with similar temperaments and personalities he has a chronic need to generate drama and confrontation to stabilize himself. It's that simple. It won't change. It won't get better.
maxwellokolo

Amazon broke the internet with a typo - 0 views

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    Amazon published an explanation about Tuesday's disrupted service of S3, part of Amazon Web Services, which provides hosting for hundreds of thousands of websites and apps. Turns out, it was a typo.
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