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Javier E

Opinion | The Green Transition Is Happening Fast. The Climate Bill Will Only Speed It U... - 0 views

  • Among the first things you likely heard about the Inflation Reduction Act was its size.The bill, signed into law by President Biden on Tuesday, makes $369 billion in climate and energy investments — by far the largest such investment in American history.
  • But there are several ways to measure the size of a bill, and given how high the country’s emissions targets are, even many of the I.R.A.’s supporters will openly concede that it is, on its own, inadequate
  • it is ultimately how much carbon we put into the atmosphere and not how much solar power we produce that determines the future of warming. But the power of carrots also just reflects some new realities: To simplify radically, a 90 percent reduction in the cost of solar power over the last decade means that the same amount of money now goes ten times as far.
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  • the broader economic and cultural landscape is so different now than it was just a few years ago that public investments of even this somewhat smaller scale appear poised to make an enormous difference.
  • That’s because those public investments are being made not against dirty-energy headwinds but with the support of much broader tailwinds
  • Thanks to technological change and the plunging cost of renewables, a growing political and cultural focus on decarbonization and increasing awareness of the public health costs of pollution and market trends for things like electric vehicles and heat pumps, it’s genuinely a whole new world out there. Not that long ago, the upfront cost of a green transition looked almost incalculably large. Today it seems plausible that quite dramatic emissions gains can be achieved for just, say, $369 billion
  • For 90 percent of the world, clean energy is now cheaper than dirty alternatives, and while countries like Spain are boasting about more than tripling solar power capacity by 2030, in Texas, solar output has grown 39-fold in just six years. Globally, renewable output has grown fourfold in the past decade
  • Ten years ago, when the United States endeavored to tackle the problem of climate change, it tried to do so largely by punishing the cost of dirty energy with a cap-and-trade system. This time, it’s giving a kick-start, or a boost of momentum, to an already ongoing green transition.
  • this strategic choice of carrots rather than sticks has received some deserved praise: It’s better and more popular to subsidize cheap, clean energy than it is to make the bad stuff more expensive
  • A “fair share” analysis suggests the United States — today the world’s second largest emitter, and historically the largest by far — should be moving faster than any nation in the world.
  • The models may ultimately prove optimistic, given the complications of infrastructure build-out
  • it is fair to wonder about the uncertain economics of some of the bill’s technological bets, like carbon capture and storage, which could allow emissions from industry and power generation to be trapped and sequestered, and which some climate activists and environmental justice advocates distrust
  • Jesse Jenkins, who leads the REPEAT Project, says he believes that the tech problems of C.C.S. have been solved and that, with tax credits, the bill will address its cost problem, leading to a dramatic scale-up in use. Julio Friedmann, a former Obama-era Energy Department official turned carbon removal advocate, says that a rapid scale-up of C.C.S. would be, while miraculous, also plausible.
  • the fact that this much climate progress appears even remotely possible for less than the annualized budget of the State Department, as Ben Dreyfuss recently put it, is a remarkable reflection of the state of green energy today, even without the new law. When it comes to emissions, we are no longer fighting an uphill battle, at least in the United States and many other countries like it. We are deciding how quickly to race downhill.
  • at the risk of playing Pollyanna, I think it is also possible to see the size of the bill — its relative smallness — as at least a mark of good news
  • The headline projection of the I.R.A. impact appears, if inadequate by the standards of the Paris agreement, nevertheless impressive: a 40 percent reduction in just eight years
  • already today the United States has reduced emissions 20 percent from 2005 levels, and was projected to reduce them further even without the benefit of the I.R.A. As recently as a few weeks ago, before the bill was revived, it might have felt like the United States was permanently stalled on climate action, but in fact the country was already moving to decarbonize, if not fast enough.
  • peed really matters; as the writer and activist Bill McKibben put it, when it comes to warming, “winning slowly is the same as losing.” Simply moving in the right direction isn’t enough, and too much time has been squandered — within the United States and globally — to avoid what was once described as a catastrophic climate future.
  • If the United States achieves that 40 percent reduction, that’s still well short of the country’s target of a 50-52 percent reduction by 2030. The gap may seem relatively small, but it represents more than half a billion tons of carbon each year. That’s a lot.
  • the I.R.A. is a compromise, obviously and outwardly, tying new leases for wind power development to new ones for oil and gas, only moderately reducing the country’s demand for oil and gas over the next decade and investing less in environmental justice measures than Biden himself promised not too long ago
  • But its basic bet — that many of these markets and technologies are close enough to tipping points that relatively small public support can get them racing toward inevitability — also means the ultimate impacts could be larger and far-reaching.
  • The effects on prices and markets could make state and local action cheaper and easier, and even federal regulation more palatable
  • the bill includes some unheralded provisions to help retire coal power more quickly, as Keane Bhatt, the policy director for the Progressive Caucus, has pointed out, as well as an under-discussed “stick” in the form of a fee for methane
  • The impact of its “green bank” and Energy Department loans could be quite large — some estimates have suggested they could run into the hundreds of billions, and the $27 billion handed to the Green Bank could catalyze ten times as much private capital
  • because much of the I.R.A.’s top-line “investment” comes in the form of tax credits, its outlays — and impacts — could ultimately grow substantially if certain sectors (wind, solar and C.C.S., for instance) really do take off.
  • This might not ultimately be just a $369 billion package, in other words, but something quite a bit bigger. Enough to get us to 50 percent by 2030? “I think we have a pretty good chance,” Jenkins says.
  • it is striking that, given where we were not that long ago, such a proposition seems credible at all. Here’s hoping.
  • The provisions tying future auctions for wind power to leases for oil and gas development have been called “poison pills,” because they appear to lock in future emissions. But the ultimate impact is likely to be quite small. (Energy Innovation estimates at most 50 million tons of additional annual carbon emissions, compared with a billion in reductions from other measures in the bill.)
Javier E

How Russian Sanctions Work - The Atlantic - 0 views

  • Central-bank sanctions are a weapon so devastating, in fact, that the only question is whether they might do more damage than Western governments might wish. They could potentially bankrupt the entire Russian banking system and push the ruble into worthlessness.
  • Very seldom does any actual paper money change hands
  • There’s only about $12 billion of cash dollars and euros inside Russia, according to Bernstam’s research. Against that, the Russian private sector has foreign-currency claims on Russian banks equal to $65 billion, Bernstam told me. Russia’s state-owned companies have accumulated even larger claims on Russia’s foreign reserves.
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  • Russians don’t run on their banks, because they believe that in a real crunch, the Russian central bank would provide the needed cash. After all, the Russian central bank holds enormous quantities of reserves: $630 billion at the last tally
  • To finance its war on Ukraine, Russia might have hoped to draw down its foreign-currency reserves with Western central banks.
  • Not so fast, argues Bernstam. What does it mean that Russia “has” X or Y in foreign reserves? Where do these reserves exist? The dollars, euros, and pounds owned by the Russian central bank—Russia may own them, but Russia does not control them. Almost all those hundreds of billions of Russian-owned assets are controlled by foreign central banks.
  • We, the people of the Western world collectively owe the Russian state hundreds of billions of dollars. That’s not our problem. That’s Russia’s problem, an enormous one. Because one thing any debtor can do is … not pay when asked.
  • With $630 billion in reserves, there is no way Russia would ever run out of foreign currency. You’ve probably read that assertion many times in the past few days
  • All of this requires the cooperation of the Fed or ECB in the first place. The Fed or ECB could say: “Nope. Sorry. The Russian central bank’s money is frozen. No transfers of dollars or euros from the Russian central bank to commercial banks. No transfers from commercial banks to businesses or individuals. For all practical purposes, you’re broke.”
  • if Russia’s foreign income slows at the same time as it is waging a hugely costly war against Ukraine, it will need its reserves badly. And suddenly, it will be as if the money disappeared. Every Russian person, individual, or state entity with any kind of obligation denominated in foreign currency would be shoved toward default.
  • Of course, long before any of that happened, everybody involved in the transactions would have panicked.
  • The ruble would cease to be a convertible currency. It would revert to being the pseudo-currency of Soviet times: something used for record-keeping purposes inside Russia, but without the ability to buy goods or services on international markets. The Russian economy would close upon itself, collapsing into as much self-sufficiency as possible for a country that produces only basic commodities.
  • Russia imports almost everything its citizens eat, wear, and use. And in the modern digitized world, that money cannot be used without the agreement of somebody’s central bank. You could call it Bernstam’s law: “Do not fight with countries whose currencies you use as a reserve currency to maintain your own.”
  • There is one exception to the rule about reserves as notations: About $132 billion of Russia’s reserves takes the form of physical gold in vaults inside Russia
  • Only one customer is rich enough to take significant gold from a sanctioned nation like Russia: China.
  • that does not solve the real problem, which is not to buy specific items from specific places, but to sustain the ruble as a currency that commands confidence from Russia’s own people. China cannot do that for Russians. Only the Western central banks can.
  • Putin launched his war against Ukraine in part to assert Russia’s great-power status—a war to make Russia great again. Putin seemingly did not understand that violence is only one form of power, and not ultimately the most decisive
  • The power Putin is about to feel is the power of producers against gangsters, of governments that inspire trust against governments that rule by fear.
  • Russia depends on the dollar, the euro, the pound, and other currencies in ways that few around Putin could comprehend. The liberal democracies that created those trusted currencies are about to make Putin’s cronies feel what they never troubled to learn. Squeeze them.
Javier E

Opinion | The Alexandria Ocasio-Cortez You Don't Know - The New York Times - 0 views

  • First impressions are hard to erase, and the obstinacy that made Ms. Ocasio-Cortez an instant national celebrity remains at the heart of her detractors’ most enduring critique: that she is a performer, out for herself, with a reach that exceeds her grasp.
  • In straddling the line between outsider and insider, Ms. Ocasio-Cortez is trying to achieve the one thing that might just shore up her fractured party: building a new Democratic coalition that can consistently draw a majority of American support.
  • In some ways, she’s asking the obvious questions: What’s broadly popular among a vast majority of Americans, and how can I make it happen? To achieve progress on these issues, she has sought common ground in places where her peers are not thinking to look. Her willingness to forge unlikely alliances, in surprisingly productive places, has opened a path to new voters — for her party, her ideas and her own political ambitions if she ever decides to run for higher office.
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  • Since 2016, there have been two competing visions for the Democratic Party. One is the promise that began with Barack Obama of a multiracial coalition that would grow stronger as America’s demographics shifted; the other is the political revolution championed by Bernie Sanders as a way to unite nonvoters with the working class
  • Ms. Ocasio-Cortez bridges the gap between the two
  • what’s clear is that at a time when Democrats are struggling, she is quietly laying the groundwork to build a coalition broader than the one she came to power with, unafraid to take risks along the way.
  • After five years in Congress, she has emerged as a tested navigator of its byzantine systems, wielding her celebrity to further her political aims in a way few others have.
  • Three terms in, one gets the sense that we’re witnessing a skilled tactician exiting her political adolescence and coming into her own as a veteran operator out to reform America’s most dysfunctional political body.
  • To grasp what sets Ms. Ocasio-Cortez apart from many of her colleagues, you have to understand where she finds allies
  • In 2019, she and Senator Ted Cruz of Texas considered joining forces to write a bill that would bar former members of Congress from becoming lobbyists. Asked why she would consider an alliance with someone so loathed by liberals, she said, “I will swallow all of my distaste in this situation because we have found a common interest.”
  • It was a window into the politician she would become: pragmatic and results-driven, willing to work with people she considers her political adversaries, at least on legislation that appeals to her base
  • She has attributed the success of these efforts at least in part to her role as the second most powerful Democrat on the House Oversight Committee, which she said has “opened many windows” for collaboration.
  • while these bills may seem like small victories, they are more than that because, in a sense, she is redefining what bipartisanship looks like in Washington.
  • For decades, bipartisanship has meant bringing together moderates, lobbyists and establishment insiders to produce watered-down legislation unpalatable to many voters in both political partie
  • What Ms. Ocasio-Cortez is doing is different; she’s uniting politicians on the fringes of American politics around a broadly popular set of policies.
  • Americans in both parties overwhelmingly say that they don’t trust the government to do the right thing and that donors and lobbyists have too much sway over the legislative process.
  • more than 8 in 10 Americans believe politicians “are more focused on fighting each other than on solving problems.” One-fifth of respondents said lack of bipartisan cooperation was the biggest problem with the political system.
  • Ms. Ocasio-Cortez’s efforts to reach out to Republicans are offering what a sizable portion of Americans want from Congress: a return to getting things done.
  • The few policy matters on which progressives and conservatives align often boil down to a distrust of politicians and of big corporations, particularly technology companies and pharmaceutical giants.
  • Ms. Ocasio-Cortez has shrewdly made those causes her passion, building alliances with conservative colleagues interested in holding these industries accountable.
  • Last spring, she cosponsored a bill with, among others, Brian Fitzpatrick, a moderate Republican from Pennsylvania, and Matt Gaetz, the Florida rabble-rouser who has become one of Mr. Trump’s most steadfast allies. The legislation would bar members of Congress from trading individual stocks, a measure that as of the fall of 2022 was supported by nearly 70 percent of voters across party lines.
  • On Gaza, too, she has been willing to buck other members of her party to pursue an agenda that a majority of voters support. She was one of the first Democrats to call for a cease-fire; within weeks, nearly 70 percent of Americans said Israel should call one and try to negotiate with Hamas.
  • In March, Ms. Ocasio-Cortez was accosted by a handful of protesters who demanded that she call Israel’s war in Gaza a genocide.
  • Less than three weeks later, Ms. Ocasio-Cortez did accuse Israel of genocide and chastised the White House for providing military aid to the country while it blockaded Gaza. “If you want to know what an unfolding genocide looks like,” Ms. Ocasio-Cortez said in a speech on the House floor, “open your eyes. It looks like the forced famine of 1.1 million innocents. It looks like thousands of children eating grass as their bodies consume themselves, while trucks of food are slowed and halted just miles away.”
  • Last month, she voted against providing additional funding for Israel. Those were unpopular positions in Congress, where unconditional support for the country remains the norm, but they put her in line with a majority of Democratic voters.
  • These stances haven’t been enough to quell the doubts from a faction of the left that helped get her elected. Over the past few weeks, some have accused her of caving in to pressure from moderate Democrats
  • . Ms. Ocasio-Cortez has taken much of the heat from leftist activists who see her as a symbol of the contradictions and compromises inherent in the political system. It may not be realistic to expect absolute purity from her; she is, after all, a politician. But these critiques overlook the promise of what she’s doing behind the scenes.
  • There are, of course, limits to this strategy. Some on the left see Ms. Ocasio-Cortez’s endorsement of Mr. Biden as a betrayal of progressive values, particularly in the wake of the climbing death toll in Gaza.
  • Some of the betrayal these voters feel was hardly the president’s fault; he was hampered on student loan debt by a federal judiciary stacked with judges sympathetic to conservative legal arguments, and Congress refused to pass the comprehensive immigration bill he supported in 2021, which would have provided legal status to as many as 11 million undocumented immigrants.
  • A more gifted orator might have been able to make the structural impediments in his way clear to voters, while also putting forth a proactive vision for dismantling the core problems baked into our politics.
  • In that, someone like Ms. Ocasio-Cortez, who endorsed Mr. Biden for re-election in 2023, may be able to help. She’s the Democratic Party’s most charismatic politician since Barack Obama and its most ardent populist since Bernie Sanders.
  • she can offer voters something more substantial than a hollow rebuke of Trumpism
  • Last month, when the journalist Mehdi Hasan asked her how she’d respond to “a young progressive or Arab American who says to you, ‘I just can’t vote for Biden again after what he’s enabled in Gaza,’” Ms. Ocasio-Cortez said a vote for Mr. Biden didn’t necessarily mean an endorsement of all his policies. “Even in places of stark disagreement, I would rather be organizing under the conditions of Biden as an opponent on an issue than Trump,” she said. It was a shrewd political maneuver, designed to distance herself from Democrats who support Israel unconditionally, while meeting voters — some of whom have lost family members in Gaza — where they are
  • Democratic pollsters and strategists are searching for ways for Mr. Biden to win back Muslims and Arab Americans in swing states such as Michigan and Georgia, recent college graduates who hoped to have their student debt forgiven, immigrant-rights activists and Latinos.
  • The moderate Republicans who turned out for Mr. Biden in 2020 might shrink from a Democratic Party led by someone they consider an outspoken progressive.
  • But for every moderate or leftist voter lost with a strategy like Ms. Ocasio-Cortez’s, the Democratic Party may be able to win someone new — from the pool of disillusioned Americans who feel shut out of the political process.
Javier E

Opinion | A Simple Fix for the Antisemitism Awareness Act - The New York Times - 0 views

  • it’s necessary to understand the legal ambiguities that now exist on campus. “No person in the United States,” Title VI of the Civil Rights Act of 1964 states, “shall, on the ground of race, color or national origin, be excluded from participation in, be denied the benefits of, or be subjected to discrimination under any program or activity receiving federal financial assistance.” There is no corresponding federal prohibition on discrimination on the basis of religion.
  • The problem is immediately obvious. Jewishness doesn’t fit neatly into any of those three categories. Israelis of all races, religions and ethnicities are protected because of their national origin, but what about American Jews? Judaism is a religion, and religion isn’t covered. Jewishness is more of an ancestry than a “race” or a “color” — there are Jews of many races and colors.
  • There is an answer to the problem. Congress should pass legislation clearly stating that antisemitism is included in the scope of Title VI.
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  • Biden’s Department of Education has interpreted Title VI to apply when students “experience discrimination, including harassment,” on the basis of their “shared ancestry or ethnic characteristics.”
  • these statements — even if fairly rooted in the text of Title VI — are not a solution
  • Executive orders and administrative regulations are more ephemeral than federal statutes. The next president (or one elected in 2036 or 2052) may choose to interpret Title VI differently. Biden’s interpretation is broader than Trump’s, for example. Courts will also have their own say, and they are now less deferential to presidential interpretations of the law than they’ve been in decades.
  • The definitions don’t just implicate the First Amendment, they also breed confusion around the very concept of harassment itself. Hearing unpleasant or even hateful thoughts or ideas isn’t “harassment.”
  • The best parts of the Antisemitism Awareness Act explicitly incorporate discrimination based on “actual or perceived shared ancestry or ethnic characteristics” into federal statutory law, elevating the legal protections well beyond the executive orders and guidance letters of previous administrations.
  • If the law had stopped there — or even if it had gone further and explicitly stated that discrimination on the basis of actual or perceived Jewish identity is by definition discrimination on the basis of shared ancestry, then it would be a vital addition to federal law.
  • But the law did not stop there. It goes on to require schools to consider the International Holocaust Remembrance Alliance’s working definition of antisemitism when determining whether there has been a violation of Title VI
  • This is a serious mistake. The alliance’s definition includes examples of antisemitism that encompass a broad range of statements that are protected by the First Amendment.
  • Both the Trump and the Biden administrations attempted to solve the problem by interpreting Title VI to apply to antisemitism, at least in some circumstances. The Trump administration issued an executive order stating that “discrimination against Jews may give rise to a Title VI violation when the discrimination is based on an individual’s race, color or national origin.”
  • That’s an inescapable part of life in a free, pluralistic nation
  • Harassment is something else entirely.
  • In a 1999 case, Davis v. Monroe County Board of Education, the Supreme Court defined student-on-student harassment under Title IX (the federal statute prohibiting sex discrimination in federally funded education) as conduct “so severe, pervasive and objectively offensive, and that so undermines and detracts from the victims’ educational experience, that the victims are effectively denied equal access to an institution’s resources and opportunities.”
  • Harassment doesn’t depend so much on the content or viewpoint of the objectionable speech as where, when and how it happens.
  • If students chant, “Globalize the intifada,” at a lawful public protest, then that’s protected
  • If they shout down Jewish students in class using the same phrase, or chant it outside the dorm rooms of Jewish students at 3 a.m., then they’re engaging in harassment. Jewish students can’t study or sleep on an equal basis with other students.
  • In both of those circumstances, the actual content of the words is less important than the timing and the targets. A person can commit an act of antisemitic harassment if he targets Jewish students with words that have nothing to do with ancestry or ethnicity
  • For example, if someone stands outside a Jewish student’s room night after night yelling, “Michael Jordan is the GOAT” relentlessly so that the student can’t sleep or targets her Jewish roommate with constant interruption and distraction then she’s engaging in antisemitic harassment not because of the content or viewpoint of the words, but rather because of the identity of the target and the time and manner of the speech.
  • I’d like to humbly offer a better way. Strip the problematic incorporation of the alliance’s antisemitism definition and examples from the bill entirely. Instead, simply amend Title VI itself to make it explicit that discrimination based on “actual or perceived shared ancestry or ethnic characteristics” is prohibited by the statute and that antisemitic discrimination meets that definition.
  • by revising Title VI to clearly prohibit discrimination against Jews without any further amplification or definition, antisemitic harassment will fit neatly into existing case law that has longed harmonized free speech principles and nondiscrimination law
Javier E

An Evangelical Climate Scientist Wonders What Went Wrong - The New York Times - 0 views

  • Mark Noll is a historian at Notre Dame. He wrote a book in 1994 called “The Scandal of the Evangelical Mind.” In it he tracked how the political evolution of the United States directly related to how people viewed religion from an increasingly nationalistic and individualistic perspective, an increasing rejection of authority. Noll’s book, even though it was written so long ago, shows how the land had already been cleared, tilled and sowed for when the Moral Majority came along in the 1980s. They took advantage of those fertile fields to deliberately politicize religion in America. They couldn’t have succeeded if it wasn’t for this trend over the last hundred years to conflate individualism and American culture with theology.
  • churches are not catechizing.33 Jacobs, in Wehner’s article, “The Evangelical Church Is Breaking Apart,” which was published in late October: “People come to believe what they are most thoroughly and intensively catechized to believe, and that catechesis comes not from the churches but from the media they consume. . . . The churches have barely better than a snowball’s chance in hell of shaping most people’s lives.” People might show up for one hour on a Sunday morning, and half of that is singing, and there’s some entertaining talking because they want to keep people coming in the door because that’s how you fill the coffers. Churches are not teaching and people are spending hours and hours on cultural and political content and that is what is informing our beliefs.
  • the biggest problem is not the people who aren’t on board; the biggest problem is the people who don’t know what to do.44 According to research conducted by the Yale Program on Climate Change Communication, 26 percent of people believe climate change is an urgent problem but are unsure what they can do to solve it. And if we don’t know what to do, we do nothing. Just start by doing something, anything, and then talk about it!
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  • Talk about how it matters to your family, your home, your city, the activity that you love. Connect the dots to your heart so you don’t see climate change as a separate bucket but rather as a hole in the bucket of every other thing that you already care about in your life.
  • Talk about what positive, constructive actions look like that you can engage in individually, as a family, as an organization, a school, a place of work
  • Even if we live in a progressive bubble, most of the people are not activated, and we activate them by using our voice.
  • we’re so individualistic that it affects our perspective on climate solutions. We think it’s all about us and then we’re racked with guilt over the bottle that we didn’t recycle or the hamburger that we ate.
  • I get discouraged and depressed reading about that stuff. That’s why we need to make people aware that, yes, our personal actions do matter but they matter because they can change others.
  • When we take that extra step of saying: “Hey, I tried a Beyond Meat burger, and it was delicious. Let’s go to this place for lunch and give it a try together.” Or: “I reduced my food waste. Have we thought about composting in our cafeteria?” If you take those kinds of actions, all of a sudden you’ve got 30, 50, 100 more people whose hands are on the boulder beside you, and you realize, hey, we might have a shot at fixing this.
  • We are primarily emotional, and emotions are engaged deeply with climate change because it brings up the most profound sense of loss: People on the right, for example, deeply fear losing their liberties because of climate solutions.
  • So what we need to do is to show everyone how climate solutions are not only not incompatible with who they are but help more genuinely express who they are and what we care about; make us an even more-genuine advocate for national security, an even stronger supporter of the free market, an even more independent person or, in my case, a more genuine expression of my faith.
  • the dean came and sat down and said, “I used to be an evangelical.” So I asked the obvious question: “Why are you no longer?” He said: “It wasn’t because I doubted the existence of God. It’s because I couldn’t see any evidence of God working in people. I saw person after person who claimed that they took the Bible seriously, they were Christian” — I’m paraphrasing — “and all I saw was the opposite of love. It got to the point where I couldn’t see any evidence of God working in people.” That’s what I’ve struggled with, too. What breaks my heart is the attacks I get from people who identify as Christians.
Javier E

We're not yet ready for what's already happened - 0 views

  • The planetary crisis is what I call the interlocking, complex, accelerating changes our actions are bringing on in the natural world.
  • There is an almost religious belief that by invoking the noble traditions of grand collective actions of the past, we can summon a new collective action large enough to unmake discontinuity itself.
  • In the real world, even the truly dire scenarios for the human future are no longer actually apocalyptic. Too much action is underway, and much more action is now inevitable
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  • That doesn’t mean that we don’t want the boldest, fastest action we can get.
  • The true measure of the seriousness of the planetary crisis is not destruction but discontinuity.
  • This is not the kind of language you hear in public radio policy debates, at high-ticket ideas conferences
  • No, the buzz in those circles is that the challenge of climate action is balancing progress with continuity. Trade-offs, and how to make the smartest ones.
  • one of the grimmest aspects of this crisis is its transapocalyptic nature. That is, just how much of the world can thrive relatively well while enormous numbers of people suffer
  • the perception is that if we can’t hold on to continuity, all is lost. The end of the world is nigh. Discontinuity can only mean apocalypse.
  • When we center the planetary crisis in our thinking about the world, one central fact becomes clear: our ideas about the pace of change—how fast we can create change, the costs and benefits of more rapid action, the politics of speed and delay—are the most out-of-date part of the climate/sustainability debate. Our sense of tempo is broken, and few of us are ready for how fast things are beginning to move… or that most of humanity benefits more the faster we move.
  • Tens of millions of Americans are living in the crosshairs of disaster, in a degree of economic precarity we haven’t seen since the Great Depression, a missed paycheck away from a foreclosed home, surrounded by culture wars, violence and pandemic grief.
  • We have never needed new thinking more. The demand for clear advocacy, for fresh foresight, and for strategic acumen is effectively unlimited. The supply, however, is not
  • Seen through 20th century eyes, everything is about to get really weird, really fast.
  • The human world is also discontinuous along multiple trajectories.
  • WE ARE IN DISCONTINUITY
  • Barriers to action that have stood half a century are falling now. As they fall, a vast demand is revealing itself: a demand for the new models of sustainable prosperity. Billions of people need better ways of providing for themselves—better both in the sense of more sustainable, and more accessible.
  • Even if climate change and ecological collapse mysteriously ceased to be problems tomorrow, we’d still be awash in tidal forces—technological acceleration, economic inequality, the breakdown of the nation state, deepening globalization, and so on—that together add up to an ongoing discontinuity in their own right
  • Some doomers like to take their new fluency with the ecological end times as evidence of their intellectual superiority over the sheeple who cling to say, seeking a survivable future for their kids. These “first time climate dudes” are big on casting themselves as the only ones with the guts to call it like it is.
  • These days, even former anti-environmentalists and climate denialists claim to want action on climate and sustainability
  • Those defeats have altered all our human systems, already. Not only is the Earth’s entire biosphere being transformed at a speed greater than anything humans have lived through before, but the human world has become something no human has ever experienced before.
  • Focusing a major share of public resources on meeting the planetary crisis—which is what is demanded to head off the worsening of the crisis—itself shatters the illusion that value will persist in assets and expertise that cannot endure. It forces a reckoning with reality. To go big is to burst bubbles.
  • Now, we humans have an innate desire for continuity. That desire is not the problem. Denial is. We are deeply in denial about the reality of living in discontinuity.
  • It remains a bedrock assumption, often buried too deeply to be noticed, much less questioned, that the purpose of climate action and sustainability is to prevent changes in the human world, to keep hold of what we have.
  • Above all, this means building. It means hundreds of millions of new homes; wind farms and solar fields by the tens of thousands, factories churning out batteries and electric cars and induction stoves and geothermal systems; new shipping infrastructure; the rebuilding of coastal cities everywhere; massive investments in ecosystem services, fire protections, water and soil conservation; a reinvention of huge industries like chemicals and concrete and consumer plastics; a landscape in upheaval. A giant building boom is what successful action looks like.
  • The demand for continuity, especially in America, is held is place with panic, precarity and populism.
  • My most succinct working definition of a “discontinuity” is a watershed moment, one where past experience loses its value as a guide to decision-making about the future.
  • whether we conjure up a zombie apocalypse or a future of deep adaption on the dark mountain, it is clearly far easier and less scary for most people to imagine the end of everything than a time of uncontrolled change
  • The local forecast for some may be ecological collapse with choking air and a side of failed state—but elsewhere, times are good, the skies are clear and the markets are up.
  • That doesn’t mean we won’t see almost inconceivable tragedy and mind-bogglingly stupid losses—and that we don’t want to fight like hell to minimize them—but they’re not the end of the human story. Failures are not doom.
  • “You don’t have to give up a quality of life to achieve some of the things that we know we have to achieve,” US climate envoy John Kerry said last week
  • The planetary crisis is a discontinuity. This is the most important thing about it. Failing to understand the climate/ecological emergency as an all-encompassing discontinuity in human societies is failing to understand it, full stop.
  • The consensus vision of success is one in which we solve climate change, and the human world remains pretty much as it is now, especially for those in the wealthy parts of the worl
  • Well, we all need to make some sacrifices to avoid the ecopocalypse. But our lifestyle shall endure. The consensus about success is that we must meet the planetary crisis precisely so that we can avoid changing anything important.
  • But discontinuity is not just danger. Discontinuity means change in our selves and our societies. Transformation is not just a matter of loss. The losses are profoundly tragic. They are not, however, the whole story, or even its most important plot line
  • on a wide variety of fronts, the defeats we’ve already dealt ourselves over decades of inaction are growing unignorable. Many more are coming into focus now
  • The urgency of this crisis has fused with the scale of those opportunities. Seen clearly, they are the same phenomenon, and they stand to drive both the speed of change and the rate of human progress at a pace we’re not used to imagining. The coming boom will collide with the worsening of the planetary crisis. Then things will become truly, deeply discontinuous.
  • We are surrounded by ubiquitous mismatches between the value of systems, enterprises and places given their suitability to the world we now live in, and the way those things are priced by markets. We are surrounded, in short, by bubbles
  • We are not now capable of designing a future that works in continuity with our existing systems and practices while producing emissions reductions and sustainability gains fast enough to avoid truly dire ecological harm.
  • The insistence that the point of action be the restoration of continuity leads to the belief that only massively-scaled collective action can save us
  • The planetary crisis is a crisis because it has unleashed discontinuity throughout human systems, and because only a few of us can see it yet.
  • Here in the U.S., the rhetoric of the mid-Twentieth century features prominently. We must, we are told, rise to meet the planetary emergency on a sort of wartime footing, like the industrial mobilizations of World War Two. A Green New Deal is demanded to save us. We need a climate tech Moonshot.
  • use the unexpected boon of seriousness is awakening to possibility, to the capacities we gain amidst disruption and acceleration.
  • It’s a forlorn hope that we can tackle the crisis while avoiding the very conflicts over the speed of change that created this fucking crisis in the first place.
  • These bubbles are kept inflated by denial. One of the reasons even massive programs of government spending can’t restore continuity is that to engage in spending at that scale is to reveal the fragility of the unsustainable, brittle and outdated.
  • In this untrustworthy calculus, the only costs that count are the lost profits and jobs in unsustainable industries, the only fairness is that those who don’t want to change shouldn’t have to
  • We can talk about them as separate challenges, but in reality they are all one crisis. And it is getting worse, fast.
  • president Biden’s climate proposals and actions—despite being the boldest this nation has ever seen—are not even sufficient to meet this crisis, much less to run the meter backwards into a past world that could avoid discontinuity.
  • We need thousands upon thousands of committed people learning how to lead in the real world of unprecedented and uncontrolled change, and finding ways to leverage opportunity and impact together. We need a snap forward.
  • Doomerism's "courage,” of course, is largely being fearless about profitably declaring defeat, while sacrificing young people's lives and dreams. "I am intellectually brave enough to decide you don't have a future" is pretty crap as an iconoclastic stance.
  • Belief in continuity serves a profitable purpose: it is a precondition for predatory delay.
  • The supposed imminence of apocalypse gives selfish people a reason to begin acting as if the shit has already hit the fan.
  • “When we can imagine no future we want, something far more dangerous takes its place in our minds: the future we fear. Without visions of progress worth coming together to fight for, crisis tears people apart.
  • It’s difficult to overstate the scale of the demand for sustainable prosperity and rugged systems, and how fast we need them. That demand by itself exerts a sort of strange gravity that’s hard to gauge as long as we’re focused on the loss of continuity
  • it is absolutely not too late to limit our losses to those we’ve already set in motion, and to seize our opportunities to build a better human world—indeed, quite possibly a better world than the one we have now.
  • Worse is coming. A sense of doom is a powerful force in the landscape, especially in the U.S. We ignore it at our peril.
  • he emphasis has to land on the “trade-offs” between the needs of the status quo (and those best served by it) and the speed of action demanded by real world conditions.
  • In order for good people to accept the moral implications of predatory delay—the massive losses, harms, and further discontinuity brought on by unchecked ecological mayhem—they must be convinced that the systems they're defending will still have value in the future
  • There’s more. If continuity is valid, then change is a choice, and those choosing change should compensate those being forced to change.
  • There are scores of reasons why we can’t spend our way back to continuity, beginning with the most powerful one, which is that the damage we’ve done to our climate and biosphere is not reversible in human time scales. This is a one-way trip. The ticket we’ve already bought means taking a ride that is going to land us on a different planet.
  • For predatory delay to seem reasonable, the unsustainable must be described as systems of great inherent worth, ones that can be reliably and gradually modified into new versions of themselves. They must believe in an orderly transition between their legacy and a positive future
  • The deserving are coal miners, not construction workers sent home during heat waves; gas station owners, but not shellfish farmers; auto dealership and gas stove manufacturers, but not the mountain towns whose whole economies depend on skiers showing up in the winter
  • A dark unknowable future becomes raw power in the hands of a fear-monger. All over the world, we see demagogues lashing audiences into frenzies by putting old faces of hate on people’s new fears for the world ahead of us. Combining the anxiety of crisis with political scapegoating has birthed some of the greatest evil humanity has ever seen. Make no mistake: That evil is again on the march in the world, with talk of walls and camps, wars for living space and the battle for the last remaining resources.”
  • Many responsible people, though, ignore the refusal. Or, they see it as even more reason to restore an orderly transition, to hold on to the lives we’ve built, to keep everyone feeling like we’re all in it together.
  • the most important point: We can create a better future even in a context of discontinuity.
  • Doomerism excuses reckless disregard for others and the worsening of manageable problems as unavoidable parts of the process of an unfolding apocalypse.
  • when discussing the planetary crisis, we don’t foreground these bubbles, and the extent to which a massive and widespread repricing is on its way.) We pretend a stability in our economy that doesn’t exist.
Javier E

Japan the Model - NYTimes.com - 0 views

  • the really remarkable thing about “Abenomics” — the sharp turn toward monetary and fiscal stimulus adopted by the government of Prime Minster Shinzo Abe — is that nobody else in the advanced world is trying anything similar. In fact, the Western world seems overtaken by economic defeatism.
  • In America, for example, there are still more than four times as many long-term unemployed workers as there were before the economic crisis, but Republicans only seem to want to talk about fake scandals. And, to be fair, it has also been a long time since President Obama said anything forceful publicly about job creation.
  • It would be easy for Japanese officials to make the same excuses for inaction that we hear all around the North Atlantic:
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  • The truth, however — a truth that the Abe government apparently gets — is that all of these problems are made worse by economic stagnation.
  • at this point the Western world has seemingly succumbed to a severe case of economic defeatism; we’re not even trying to solve our problems. That needs to change — and maybe, just maybe, Japan can be the instrument of that change
James Flanagan

U.S. may default on its debt a half-month earlier than expected, new analysis shows - T... - 0 views

  • The U.S. government may default on its debt as soon as Feb. 15, half a month earlier than widely expected, according to a new analysis adding urgency to the debate over how to raise the federal debt ceiling.
  • The government hit the $16.4 trillion statutory debt limit on Dec. 31 , but the Treasury Department is able to undertake a number of accounting schemes to delay when the government runs into funding problems.
  • “Our numbers show that we have less time to solve this problem than many realize,” Steve Bell, senior director of economic policy at the Bipartisan Policy Center, said in a statement. “It will be difficult for Treasury to get beyond the March 1 date in our judgment.”
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  • Republicans say they plan to use the occasion to demand deep federal spending cuts, with House Speaker John A. Boehner (Ohio) insisting on a dollar reduction in federal spending for every dollar increase in the nation’s borrowing limit.
  • But the White House says President Obama will not negotiate this point, because the debt ceiling represents a limit to obligations that Congress already has promised to pay. “What he will not do — as he has made clear — is negotiate with Congress over Congress’s sole responsibility to pay the bills that Congress has already incurred,” White House press secretary Jay Carney said Monday. “Nobody forced Congress to rack up the bills that it incurred. And it is an abdication of responsibility to say that we’re going to let the country default and cause global economic calamity simply because we’re not getting what we want in terms of our ideological agenda.”
Javier E

After Trump, conservatives should stop longing for the past - and learn a little humili... - 0 views

  • He explains the illusory appeal of nostalgia-driven politics in the United States, the kind that Trump stokes in coarse, simplistic terms.
  • he offers a path forward for the American right after this campaign, whether it is adjusting to life in Trump’s America or coping again with another electoral setback.
  • Levin wants a humbler, more local conservatism, one less concerned with tearing down Washington or promoting hyper-individualism than with creating space for America’s “mediating institutions” of family and community to blossom
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  • This vision involves “a mix of dependence on others and obligations to them,” Levin writes, “and so a connection with specific people with whom you share some meaningful portion of the actual experience of life.”
  • Levin understands the allure of nostalgia; indeed, he believes that almost all contemporary politics is based on it
  • These competing nostalgias, though more sophisticated than Trump’s, are no less misguided, and lead to bad politics and policy.
  • Sure, there is plenty to long for, Levin says. In the early decades of the post-World War II era, the United States enjoyed “relative cultural cohesion, low economic inequality, high confidence in national institutions, and widespread optimism about the nation’s prospects” (especially if you were white and male). But that was a unique pivot point in U.S. history, a time when the country was straddling two opposing forces that would define the American century: consolidation and diffusion.
  • The first half of the 20th century, Levin contends, was an age of consolidation, with a peerless industrial economy, a strong centralized government and a relatively uniform cultural identity shaped by a powerful mass media.
  • In the century’s second half, by contrast, the U.S. economy became more diversified and deregulated, while cultural conformity broke down in favor of individualism and the politics of personal identity.
  • for a fleeting moment at midcentury, it enjoyed the best of both. “The social, political, and economic forms of American life at midcentury made possible a degree of prosperity and cohesion that in turn enabled many Americans to flourish,”
  • “Democrats talk about public policy as though it were always 1965 and the model of the Great Society welfare state will answer our every concern,”
  • Republicans talk as though it were always 1981 and a repetition of the Reagan Revolution is the cure for what ails us.”
  • This stale — and stalemated — debate leaves people discouraged with politicians who don’t seem engaged with their current struggles. “In the absence of relief from their own resulting frustration, a growing number of voters opt for leaders who simply embody or articulate that frustration,”
  • the nostalgia of the traditional political class is also pernicious and “blinding,” Levin argues, because it keeps us from grappling with the real problems assaulting us in the age of diffusion
  • “In liberating many individuals from oppressive social constraints, we have also estranged many from their families and unmoored them from their communities, work, and faith,”
  • “Rather than decrying the collapse of moral order, we must draw people’s eyes and hearts to the alternative.” Their incessant focus on religious liberty, for example, while important, may be counterproductive, “a fundamentally plaintive and inward-looking minority asking to protect what it has and in essence to be left alone,”
  • In unleashing markets to meet the needs and wants of consumers, we have freed them also to treat workers as dispensable and interchangeable.
  • In pursuing meritocracy, we have magnified inequality.”
  • The result is a bifurcated America, torn between wealth and poverty, order and disorder. “Increasingly, society consists of individuals and a national state, while the mediating institutions — family, community, church, unions, and others — fade and falter.”
  • he worries that the price of this new freedom has been high. “We have set loose a scourge of loneliness and isolation that we are still afraid to acknowledge as the distinct social dysfunction of our age of individualism, just as crushing conformity was the characteristic scourge of an era of cohesion and national unity,”
  • The answer to all this is the pursuit of what Levin describes as a “modernized politics of subsidiarity — that is, of putting power, authority and significance as close to the level of interpersonal community as reasonably possible.”
  • He is most concerned with the thicket of institutions in the middle — families, schools, religious organizations, all the things usually lumped together as civil society.
  • “we should see it as an effort to open up the space between them — the space where a free society can genuinely thrive.” Our objective should be to “channel power and resources to the mediating institutions of society and allow for bottom-up problem solving that takes a variety of specialized, adapted forms.”
  • It is a very Tocquevillian vision, with a dash of Catholic social teaching thrown in. No doubt, to yearn for the renewal of these traditional institutions is its own kind of nostalgia.
  • So how do we go about strengthening families, religious organizations, schools and all those mediating institutions?
  • He calls for a “mobility agenda,” with economic growth spurred by tax and regulatory reform
  • a more competitive and low-cost health-care system, lower budget deficits — all part of a standard conservative recipe.
  • He proposes education reform that includes more professional certificates, apprenticeships “and other ways of gaining the skills for well-paid employment that do not require a college degree.”
  • Levin’s intention here is less to offer detailed proposals than to shift the locus of policymaking itself — and to infuse it with greater humility. “There is not much that public policy can do,” he admits, “to create communities that do a better job of encouraging constructive behavior: it could, however, do less harm, and it could leave room for such communities to form, and protect the space in which they take root and grow.”
  • “In loosening the reins of cultural conformity and national identity we have weakened the roots of mutual trust.
  • Instead, social and religious conservatives should “assert themselves by offering living models of their alternative to the moral culture of our hyper-individualist age.”
  • In other words, less hectoring and lecturing, less trying to remake the culture at large, and more strengthening one’s “near-at-hand community,” Levin writes. He calls this approach “subcultural traditionalism
  • he sees it in “civic groups that channel their energies into making neighborhoods safe and attractive, or into helping the poor, or protecting the vulnerable, or assimilating immigrants, or helping fight addiction
  • in schools that build character and inculcate the values parents think are most important; in religious congregations that mold themselves into living communities of like-minded families, and that turn their faiths into works to improve the lives of others;
  • in the work of teachers and students who are committed to liberal learning and engagement with the deepest questions.”
  • Such a localized focus, Levin maintains, is not “an alternative to fighting for the soul of the larger society, but a most effective means of doing so.”
  • I suspect the fulfillment of Levin’s vision would require a party and a movement that grasp the exhaustion of their current approach. A November defeat, especially a landslide, might accomplish that
Javier E

Donald Trump and the end of history - The Washington Post - 0 views

  • Fukuyama, you see, believed that just because we'd reached the end of history didn't mean we'd stay in the end of history. That peace and prosperity might not be enough for some people who would, "struggle for the sake of struggle" simply "out of a certain boredom" from living in a world that doesn't seem to have meaning or identity any more.
  • the white working class is letting out a wail across the Western world against a political system they don't think recognizes them, and a society they don't recognize themselves. Add in the monotony of day-to-day life—why not smash it up just to see what happens?—and you've got a global revolt against the global order.
  • the first 25 years of the postwar liberal order had maybe the best and most broadly-shared growth in all of human history. We built the UN to keep the peace, NATO to defend Europe, the IMF to help countries out of economic trouble, and a middle class that, if you were white, got the help it needed to own a home and go to college.
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  • Really, though, it's white men who are the ones rebelling against an economy that they feel like devalues their work, against a culture that they fear is devaluing their once-preeminent place in it, and against a mundane existence that devalues any kind of meaning.
  • Productivity growth stalled in the 1970s, and, at least in the United States, what economic growth there was overwhelmingly accrued to the top 1 percent in the 1980s and beyond. Part of this was due to Western workers having to compete with billions of Chinese, Indian, and Indonesian ones after the Berlin Wall came down. An even bigger part was good-paying jobs being automated into obsolescence. And the rest was policy—tax cuts for the rich, deunionization for the rest, and deregulation for Wall Street—which is why inflation-adjusted median incomes stagnated even more in the U.S. than in Europe
  • Trump supporters aren't any more likely to have come from places that have lost a lot of manufacturing jobs or have a lot of immigrants. The opposite, actually. Nor are they just people who are barely getting by. They tend to be a rung or two above that—decently middle class or more—who nonetheless might feel economically insecure because they haven't gotten a raise in a long time, and see everyone else around them doing even worse.
  • It's no surprise that these kind of economic grievances can ratchet up racial ones.
  • as Harvard economist Ben Friedman found in The Moral Consequences of Economic Growth, "a rising standard of living for the clear majority of citizens more often than not fosters greater opportunity, tolerance of diversity, social mobility, commitment to fairness, and dedication to democracy." So a stagnant one can make people meaner, less generous, and more suspicious of people who don't sound, look, or worship like they do.
  • it's important to point out that a weak economy isn't necessary for this kind of backlash. Any time white people—and really white men—feel like their position in society is being challenged in any way, this has happened. Like it did, for example, even when the economy was booming during the civil rights movement.
  • The fact is that a lot of white people don't like being around minorities who haven't assimilated, and they don't want to assimilate to a culture where they'll soon be a minority themselves
  • even white liberals who aren't used to hearing Spanish in public became much more opposed to increased immigration and much less in favor of letting kids who were born here stay here if their parents were undocumented once they were exposed to Spanish-speakers during their morning commutes. Which seems to explain why, as the Wall Street Journal found, the counties that experienced the fastest minority growth between 2000 and today voted so heavily for Trump.
  • As researchers Maureen Craig and Jennifer Richeson found, all you have to do is remind them that the country is on track to being majority-minority to make them endorse these kind of racially conservative policies.
  • But it's not just minorities who white men are worried about. It's women too—or one woman in particular.
  • There's still a socially-accepted hostility to women being in charge, a fear that this would make a man not a man, and a feeling that women shouldn't even try to act like men. Researchers Tyler Okimoto and Victoria Brescall found that people experienced "moral outrage" when they were told that a hypothetical female politician was ambitious, but nothing when they were told a male was.
  • For a lot of people, there is no great cause, no great conflict, no great meaning to it all. The big battles have already been won, and now there are just bills to pay and weekends to look forward to.  The problem with this, Fukuyama wrote, is that "if men cannot struggle on behalf of a just cause because the just cause was victorious in an earlier generation, then they will struggle against the just cause."
  • it's something that his supporters don't seem to mind. Earlier this the year, 84 percent of them said that "what we need is a leader who will say or do anything to solve America's problems." Constitutional conservatism this is not.
  • It's not clear what is to be done. It's true that for almost 35 years now the liberal international order has failed to give rich world workers the rising standard of living they expect. Insofar as that was what was motivating Trump's supporters, we could redistribute more to try to make the economy work for everyone. But Europe already does that, and it hasn't stopped the rise of right-wing nationalists there.
  • But insofar as Trump's voters were really driven by a fear of a future where white men are no longer politically, economically, and culturally dominant, there's nothing we should do. Some things should not be accommodated
  • It's possible that 2016 will be our own 1914. Not that we'll descend into a paroxysm of suicidal violence, but that a world that was defined by openness might give way to one that's not.
  • For the last 70 years, liberal democracy has guaranteed people's individual rights, and the U.S. has guaranteed liberal democracy's right to exist. All of that is doubt now.
  • Whatever its flaws, the liberal international order gave us peace and prosperity on a scale heretofore unknown in human history. And perhaps in our future too.
Javier E

Is Stanford Too Close to Silicon Valley? : The New Yorker - 0 views

  • Stanford has established itself as the intellectual nexus of the information economy
  • If the Ivy League was the breeding ground for the élites of the American Century, Stanford is the farm system for Silicon Valley
  • Stanford’s public-relations arm proclaims that five thousand companies “trace their origins to Stanford ideas or to Stanford faculty and students.”
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  • At Stanford more than elsewhere, the university and business forge a borderless community in which making money is considered virtuous and where participants profess a sometimes inflated belief that their work is changing the world for the better
  • Faculty members commonly invest in start-ups launched by their students or colleagues. There are probably more faculty millionaires at Stanford than at any other university in the world.
  • In his twelve years as president, Stanford’s endowment has grown to nearly seventeen billion dollars. In each of the past seven years, Stanford has raised more money than any other American university.
  • But Stanford’s entrepreneurial culture has also turned it into a place where many faculty and students have a gold-rush mentality and where the distinction between faculty and student may blur as, together, they seek both invention and fortune.
  • A quarter of all undergraduates and more than fifty per cent of graduate students are engineering majors. At Harvard, the figures are four and ten per cent; at Yale, they’re five and eight per cent.
  • many students uncritically incorporate the excesses of Silicon Valley, and that there are not nearly enough students devoted to the liberal arts and to the idea of pure learning. “The entire Bay Area is enamored with these notions of innovation, creativity, entrepreneurship, mega-success,” he says. “It’s in the air we breathe out here. It’s an atmosphere that can be toxic to the mission of the university as a place of refuge, contemplation, and investigation for its own sake.”
  • Stanford is not the only university to adopt this approach to learning—M.I.T., among others, does, too. But Kelley’s effort is widely believed to be the most audacious. His classes stress collaboration across disciplines and revolve around projects to advance social progress. The school concentrates on four areas: the developing world; sustainability; health and wellness; and K-12 education.
  • Feeling dejected or unhappy in a place like Stanford causes one to feel abnormal and out-of-place, so we may tend to internalize and brood over this lack of happiness instead of productively addressing the situatio
  • his principal academic legacy may be the growth of what’s called “interdisciplinary education.” This is the philosophy now promoted at the various schools at Stanford—engineering, business, medicine, science, design—which encourages students from diverse majors to come together to solve real or abstract problems. The goal is to have them become what are called “T-shaped” students, who have depth in a particular field of study but also breadth across multiple disciplines. Stanford hopes that the students can also develop the social skills to collaborate with people outside their areas of expertise. “Ten years ago, ‘interdisciplinary’ was a code word for something soft,” Jeff Koseff says. “John changed that.”
  • Among the bolder initiatives to create T-students is the Institute of Design at Stanford, or the d.school, which was founded seven years ago and is housed in the mechanical-engineering department.
  • Distance learning threatens one day to disrupt higher education by reducing the cost of college and by offering the convenience of a stay-at-home, do-it-on-your-own-time education. “Part of our challenge is that right now we have more questions than we have answers,” Hennessy says, of online education. “We know this is going to be important and, in the long term, transformative to education. We don’t really understand how yet.”
  • financial aid has produced a campus of diverse students who are unburdened by student debt—and who thus don’t have to spend the first five years of their career earning as much money as they can.
  • “The kinds of project we put in front of our students don’t have right and wrong answers,” Greenberg says. “They have good, better, and really, really better.”
  • he was impressed by “the bias toward action” at the d.school. Newspapers have bureaucracy, committees, hierarchies, and few engineers, he said. At the Post, “diversity” was defined by ethnicity and race. At the d.school, diversity is defined by majors—by people who think different.
  • Byers has kept in touch with Systrom and Krieger and remembers them as “quiet and quite humble,” by which he means that they were outstanding human beings who could get others to follow them. They were, in short, T-students.
  • The United States has “two types of college education that are in conflict with each other,” he said. One is “the classic liberal-arts model—four years of relative tranquility in which students are free to roam through disciplines, great thoughts, and great works with endless options and not much of a rationale.” The second is more utilitarian: “A college degree is expected to lead to a job, or at least to admission to a graduate or professional school.” The best colleges divide the first two years into introductory courses and the last two into the study of a major, all the while trying to expose students to “a broad range of disciplines and modes of thought.” Students, he declared, are not broadly educated, not sufficiently challenged to “search to know.” Instead, universities ask them to serve “the public, to work directly on solutions in a multidisciplinary way.” The danger, he went on, is “that academic researchers will not only embrace particular solutions but will fight for them in the political arena.” A university should keep to “its most fundamental purpose,” which is “the disinterested pursuit of truth.
  • Stanford, along with its peers, is now justifying its existence mostly in terms of what it can do for humanity and improve the world,” he answered. “I am concerned that a research-intense university will become too result-oriented,” a development that risks politicizing the university. And it also risks draining more resources from liberal arts
  • students spent too much time networking and strategizing and becoming “slaves to the dictates of a hoped-for future,” and too little time being spontaneous. “Stanford students are superb consequentialists—that is, we tend to measure the goodness of actions by their eventual results,
  • We excel at making rational calculations of expected returns to labor and investment, which is probably why so many of us will take the exhortation to occupy Wall Street quite literally after graduation. So before making any decision, we ask one, very simple question: What will I get out of it?”
  • “At most great universities, humanities feel like stepchildren,”
  • The long-term value of an education is to be found not merely in the accumulation of knowledge or skills but in the capacity to forge fresh connections between them, to integrate different elements from one’s education and experience and bring them to bear on new challenges and problems. . . . Yet we were struck by how little attention most departments and programs have given to cultivating this essential capacity. We were also surprised, and somewhat chagrined, to discover how infrequently some of our students exercise it. For all their extraordinary energy and range, many of the students we encountered lead curiously compartmentalized lives, with little integration between the different spheres of their experience.
  • Instead of erecting buildings, Andreessen says, Stanford should invest even more of its resources in distance learning: “We’re on the cusp of an opportunity to deliver a state-of-the-art, Stanford-calibre education to every single kid around the world. And the idea that we were going to build a physical campus to reach a tiny fraction of those kids was, to me, tragically undershooting our potential.”
  • In late January, a popular d.school class, Entrepreneurial Design for Extreme Affordability, taught by James M. Patell, a business-school professor, consisted of thirty-seven graduate and three undergraduate students from thirteen departments, including engineering, political science, business, medicine, biology, and education. It was early in the quarter, and Patell offered the students a choice of initial projects. One was to create a monitoring system to help the police locate lost children. Another was to design a bicycle-storage system.
  • The “key question,” he says, is: “How can we increase efficiency without decreasing quality?”
  • online education might also disrupt everything that distinguishes Stanford. Could a student on a video prompter have coffee with a venture capitalist? Could one become a T-student through Web chat? Stanford has been aligned with Silicon Valley and its culture of disruption. Now Hennessy and Stanford have to seriously contemplate whether more efficiency is synonymous with a better education.
Javier E

New 'Digital Divide' Seen in Wasting Time Online - NYTimes.com - 0 views

  • As access to devices has spread, children in poorer families are spending considerably more time than children from more well-off families using their television and gadgets to watch shows and videos, play games and connect on social networking sites, studies show. This growing time-wasting gap, policy makers and researchers say, is more a reflection of the ability of parents to monitor and limit how children use technology than of access to it.
  • “access is not a panacea,” said Danah Boyd, a senior researcher at Microsoft. “Not only does it not solve problems, it mirrors and magnifies existing problems we’ve been ignoring.”
  • d the initial push to close the digital divide did not anticipate how computers would be used for entertainment.
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  • children and teenagers whose parents do not have a college degree spent 90 minutes more per day exposed to media than children from higher socioeconomic families. In 1999, the difference was just 16 minutes.
  • children of parents who do not have a college degree spend 11.5 hours each day exposed to media from a variety of sources, including television, computer and other gadgets. That is an increase of 4 hours and 40 minutes per day since 1999.
  • Children of more educated parents, generally understood as a proxy for higher socioeconomic status, also largely use their devices for entertainment. In families in which a parent has a college education or an advanced degree, Kaiser found, children use 10 hours of multimedia a day, a 3.5-hour jump since 1999.
  • “Despite the educational potential of computers, the reality is that their use for education or meaningful content creation is minuscule compared to their use for pure entertainment,” said Vicky Rideout, author of the decade-long Kaiser study. “Instead of closing the achievement gap, they’re widening the time-wasting gap.”
Javier E

How Hawkish Are Americans? | History News Network - 1 views

  • a nationwide opinion survey just released as a report (Foreign Policy in the New Millennium) by the highly-respected Chicago Council on Global Affairs. Conducted in late May and early June 2012, the survey resulted in some striking findings.
  • most Americans are quite disillusioned with the Iraq and Afghanistan wars of the past decade. Asked about these conflicts, 67 percent of respondents said they had not been worth fighting. Indeed, 69 percent said that, despite the war in Afghanistan, the United States was no safer from terrorism.
  • Eighty-two percent of those surveyed favored bringing U.S. troops home from Afghanistan by 2014 or by an earlier date. Majorities also opposed maintaining long-term military bases in either country. And 71 percent agreed that “the experience of the Iraq war should make nations more cautious about using military force to deal with rogue states.”
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  • a small majority (53 percent) thought that maintaining superior military power was a “very important goal.” But this response was down by 14 points from 2002. Furthermore, to accomplish deficit reduction, 68 percent of respondents favored cutting U.S. spending on the military -- up 10 points from 2010.
  • “As they increasingly seek to cut back on foreign expenditures and avoid military entanglement whenever possible, Americans are broadly supportive of nonmilitary forms of international engagement and problem solving.” These range from “diplomacy, alliances, and international treaties to economic aid and decision making through the UN.”
  • 84 percent of respondents favored the comprehensive nuclear test ban treaty (still unratified by the U.S. Senate), 70 percent favored the International Criminal Court treaty (from which the United States was withdrawn by President George W. Bush), and 67 percent favored a treaty to cope with climate change by limiting greenhouse gas emissions. When asked about China, a nation frequently criticized by U.S. pundits and politicians alike, 69 percent of respondents believed that the United States should engage in friendly cooperation with that country.
  • The Chicago Council survey found that 56 percent of respondents agreed that, when dealing with international problems, the United States should be “more willing to make decisions within the United Nations,” even if that meant that the United States would not always get its way.
Javier E

Are We Hard-Wired for War? - NYTimes.com - 0 views

  • The emerging popular consensus about our biological predisposition to warfare is troubling. It is not just scientifically weak; it is also morally unfortunate, as it fosters an unjustifiably limited vision of human potential.
  • Conflict avoidance, reconciliation and cooperative problem solving could also have been altogether “biological” and positively selected for.
  • Chimpanzees, we now know, engage in something distressingly akin to human warfare, but bonobos, whose evolutionary lineage makes them no more distant from us than chimps, are justly renowned for making love instead.
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  • I seriously question the penchant of observers (scientific and lay alike) to generalize from small samples of our unquestionably diverse species, especially about something as complex as war.
  • peacemaking is, if anything, more pronounced and widely distributed, especially among groups of nomadic foragers who are probably closest in ecological circumstance to our hominin ancestors.
  • The problem with envisioning Homo sapiens as inherently and irrevocably warlike isn’t simply that it is wrong, but also that it threatens to constrain our sense of whether peacemaking is possible and, accordingly, worth trying.
  • There is a story, believed to be of Cherokee origin, in which a girl is troubled by a recurring dream in which two wolves fight viciously. Seeking an explanation, she goes to her grandfather, highly regarded for his wisdom, who explains that there are two forces within each of us, struggling for supremacy, one embodying peace and the other, war. At this, the girl is even more distressed, and asks her grandfather who wins. His answer: “The one you feed.”
Javier E

With Uber, Less Reason to Own a Car - NYTimes.com - 0 views

  • if Uber and its ride-sharing competitors succeed, it wouldn’t be a stretch to see many small and midsize cities become transportation nirvanas on the order of Manhattan — places where forgoing car ownership isn’t just an outré lifestyle choice, but the preferred way to live.
  • “In many cities and even suburbs, it’s becoming much easier to organize your life car-free or car-lite,” said David A. King, an assistant professor of urban planning at Columbia University who studies technology and transportation. By car-lite, Dr. King means that instead of having one car for every driver, households can increasingly get by with owning just a single vehicle, thanks in part to tech-enabled services like Uber.
  • car-sharing services like Zipcar and bike-sharing services have already led to a significant net reduction of car ownership among users.
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  • though you may think of taxis as a competitor to subways and buses, several studies have found just the opposite.
  • The richest Americans do use taxis more often than middle-class Americans, but so do the poorest Americans, who rely heavily on taxis for trips that aren’t practical through public transportation — shopping trips that involve heavy parcels that wouldn’t be convenient to take on the bus, say, or a ride back home after a medical procedure.
  • Taxis and other car services are usually seen as the province of the rich, but that’s only partly true, studies show.
  • many taxi trips are “multimodal,” meaning that riders mix taxis with other forms of transportation. For instance, people from other boroughs might get to Manhattan by train, and then use cabs to return home late at night.
  • “The one-way travel of taxis allows people to use transit, share rides and otherwise travel without a car,” the researchers wrote. “In this way taxis act as a complement to these other modes and help discourage auto ownership and use.”
  • There’s only one problem with taxis: In most American cities, Dr. King found, there just aren’t enough of them. Taxi service is generally capped by regulation, and in many cities the number of taxis has not been increased substantially in decades
  • Ride-sharing services solve this problem in two ways. First, they substantially increase the supply of for-hire vehicles on the road, which puts downward pressure on prices. As critics say, Uber and other services do this by essentially evading regulations that cap taxis. This has led to intense skirmishes with regulators
  • But Uber has done more than increase the supply of cars in the taxi market. Thanks to technology, it has also improved their utility and efficiency. By monitoring ridership, Uber can smartly allocate cars in places of high demand, and by connecting with users’ phones, it has automated the paying process. When you’re done with an Uber ride, you just leave the car; there’s no fiddling with a credit card and no tipping. Even better, there’s no parking.
  • Compared with that kind of convenience, a car that you own — which you have to park, fill up, fix, insure, clean and pay for whether you use it or not — begins to seem like kind of a drag.
Javier E

Pope Francis, in Sweeping Encyclical, Calls for Swift Action on Climate Change - The Ne... - 0 views

  • Pope Francis on Thursday called for a radical transformation of politics, economics and individual lifestyles to confront environmental degradation and climate change, blending a biting critique of consumerism and irresponsible development with a plea for swift and unified global action.
  • He describes relentless exploitation and destruction of the environment and says apathy, the reckless pursuit of profits, excessive faith in technology and political shortsightedness are to blame.
  • He places most of the blame on fossil fuels and human activity, while warning of an “unprecedented destruction of ecosystems, with serious consequence for all of us” if corrective action is not taken swiftly. Developed, industrialized countries were mostly responsible, he says, and are obligated to help poorer nations confront the crisis.
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  • News media interest was enormous, in part because of Francis’ global popularity, but also because of the intriguing coalition he is proposing between faith and science.
  • Catholic bishops and priests around the world are expected to discuss the encyclical in services on Sunday. But Francis is also reaching for a wider audience, asking in the document “to address every person living on this planet.”
  • Advocates of policies to combat climate change have said they hoped that Francis could lend a “moral dimension” to the debate.
  • “Within the scientific community, there is almost a code of honor that you will never transgress the red line between pure analysis and moral issues,” said Hans Joachim Schellnhuber, founder and chairman of the Potsdam Institute for Climate Impact Research. “But we are now in a situation where we have to think about the consequences of our insight for society.”
  • Catholic theologians say the overarching theme of the encyclical is “integral ecology,” which links care for the environment with a notion already well developed in Catholic teaching: that economic development, to be morally good and just, must take into account people’s need for things like freedom, education and meaningful work.
  • “The basic idea is, in order to love God, you have to love your fellow human beings, and you have to love and care for the rest of creation,” said Vincent Miller, who holds a chair in Catholic theology and culture at the University of Dayton, a Catholic college in Ohio. “It gives Francis a very traditional basis to argue for the inclusion of environmental concern at the center of Christian faith.”
  • “Critics will say the church can’t teach policy, the church can’t teach politics. And Francis is saying, ‘No, these things are at the core of the church’s teaching.’ ”
  • in a passage certain to rankle some Christians, he chastises those who cite Genesis as evidence that man has “dominion” over the earth that justifies practices like mountaintop mining or fishing with gill nets.
  • “This is not a correct interpretation of the Bible as understood by the Church,” Francis writes. The Bible teaches human beings to “till and keep” the garden of the world, he says. “ ‘Tilling’ refers to cultivating, plowing or working, while ‘keeping’ means caring, protecting, overseeing and preserving.
  • His most stinging rebuke is a broad critique of profit-seeking and the undue influence of technology on society. He praises achievements in medicine, science and engineering, but says that “our immense technological development has not been accompanied by a development in human responsibility, values and conscience.”
  • The pope rejects the belief that technology and “current economics” will solve environmental problems, or “that the problems of global hunger and poverty will be resolved simply by market growth.”
  • Francis sharply criticizes the trading of carbon credits — a market-based system central to the European Union’s climate policy — and says it “may simply become a ploy which permits maintaining the excessive consumption of some countries and sectors.”
  • “All is not lost,” he writes. “Human beings, while capable of the worst, are also capable of rising above themselves, choosing again what is good, and making a new start.”
Javier E

Libya, Limited Government, and Imperfect Duties | Cato @ Liberty - 0 views

  • What I find striking is the background assumption that whether the United States military has a role to play here is taken to be a simple function of how much we care about other people's suffering. One obvious answer is that caring or not caring simply doesn't come into it: That the function of the U.S. military is to protect the vital interests of the United States, and that it is for this specific purpose that billions of tax dollars are extracted from American citizens, and for which young men and women have volunteered to risk their lives. It is not a general-purpose pool of resources to be drawn on for promoting desirable outcomes around the world. A parallel argument is quite familiar on the domestic front, however. Pick any morally unattractive outcome or situation, and you will find someone ready to argue that if the federal government plausibly could do something to remedy it, then anyone who denies the federal government should act must simply be indifferent to the problem. My sense is that many more people tend to find this sort of argument convincing in domestic affairs precisely because we seem to have effectively abandoned the conception of the federal government as an entity with clear and defined powers and purposes. We debate whether a particular program will be effective or worth the cost, but over the course of the 20th century, the notion that such debates should be limited to enumerated government functions largely fell out of fashion. Most people—or at least most public intellectuals and policy advocates—now seem to think of Congress as a kind of all-purpose problem solving committee. And I can't help but suspect that the two are linked. Duties and obligations may be specific, but morality is universal: Other things equal, the suffering of a person in Lebanon counts just as much as that of a person in Lebanon, Pennsylvania. Once we abandon the idea of a limited government with defined powers—justified by reference to a narrow set of functions specified in advance—and instead see it as imbued with a general mandate to do good, it's much harder for a moral cosmopolitan to resist making the scope of that mandate global, at least in principle.
  • Stipulate, purely for the sake of argument, that Americans do have some collective obligation to prevent suffering elsewhere in the world, and that this obligation is properly met, at least in part, via government. (Perhaps because governments are uniquely able to remedy certain kinds of suffering—such as those requiring the mobilization of a military.) Given that we have finite resources, surely the worst possible way to go about this is by making a series of ad hoc judgments about particular cases—the "how much do I care about Steve?" method. The refusal to consider whatever global duty we might have holistically is precisely what leads to irrational allocations—like spending billions to protect civilians and rebel troops in Libya when many more lives would be saved (again, let's suppose for the sake of argument) by far less costly malaria eradication efforts. Unless there's an argument that we have some specific or special obligation to people in Libya—and I certainly haven't seen it—then any claim about our obligation to intervene in this case is, necessarily, just a specific application of some broader principle about our obligation to alleviate global suffering generally. The suggestion that we ought to evaluate this case in a vacuum, then, starts to seem awfully strange, because if we are ever going to intervene for strictly humanitarian reasons (rather than to protect vital security interests), then the standard for when to do so has to be, in part, a function of the aggregate demands whatever standard we pick would place on our limited resources.
  • We all know that individuals often make quite different choices on a case-by-case basis than when they formulate general rules of action based on a longer view. We routinely make meta-choices designed to prevent ourselves from making micro-choices not conducive to our interests in the aggregate: We throw out the smokes and the sweets in the cupboard, and even install software that keeps us from surfing the Internet when we're trying to get work done. Faced with a Twinkie or a hilarious YouTube clip, we may predict that we will often make choices that, when they're all added up, conflict with our other long-term goals. Marketers, by contrast, often try to induce us to make snap decisions or impulse purchases when, in a cool hour of deliberation, we'd conclude their product isn't the best use of our money.
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  • A marketer who hopes to trigger an impulse buy can legitimately say he's giving consumers what they choose, but there's a clear sense in which someone acting in accordance with a general rule, formulated with a view to long-term tradeoffs, often chooses in a more deliberative and fully autonomous fashion than someone who does what seems most appealing in each case unfettered by such rules.
  • Something analogous, I want to suggest, can be said about democratic deliberation. A polity can establish broad and general principles specifying the conditions under which government may or should act, or it can vote on individual policies and programs on a case-by-case basis (with many gradations in between, of course). Both are clearly in some sense "democratic"; the proper balance between them will depend in part on one's theory about how democratic deliberation confers legitimacy, just as the weight an individual gives to different types of "choices" will turn on a view about the nature of rational autonomy
Javier E

E. O. Wilson's Theory of Everything - Magazine - The Atlantic - 0 views

  • Wilson told me the new proposed evolutionary model pulls the field “out of the fever swamp of kin selection,” and he confidently predicted a coming paradigm shift that would promote genetic research to identify the “trigger” genes that have enabled a tiny number of cases, such as the ant family, to achieve complex forms of cooperation.
  • In the book, he proposes a theory to answer what he calls “the great unsolved problem of biology,” namely how roughly two dozen known examples in the history of life—humans, wasps, termites, platypodid ambrosia beetles, bathyergid mole rats, gall-making aphids, one type of snapping shrimp, and others—made the breakthrough to life in highly social, complex societies. Eusocial species, Wilson noted, are by far “the most successful species in the history of life.”
  • Summarizing parts of it for me, Wilson was particularly unsparing of organized religion, likening the Book of Revelation, for example, to the ranting of “a paranoid schizophrenic who was allowed to write down everything that came to him.” Toward philosophy, he was only slightly kinder. Generation after generation of students have suffered trying to “puzzle out” what great thinkers like Socrates, Plato, and Descartes had to say on the great questions of man’s nature, Wilson said, but this was of little use, because philosophy has been based on “failed models of the brain.”
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  • His theory draws upon many of the most prominent views of how humans emerged. These range from our evolution of the ability to run long distances to our development of the earliest weapons, which involved the improvement of hand-eye coordination. Dramatic climate change in Africa over the course of a few tens of thousands of years also may have forced Australopithecus and Homo to adapt rapidly. And over roughly the same span, humans became cooperative hunters and serious meat eaters, vastly enriching our diet and favoring the development of more-robust brains. By themselves, Wilson says, none of these theories is satisfying. Taken together, though, all of these factors pushed our immediate prehuman ancestors toward what he called a huge pre-adaptive step: the formation of the earliest communities around fixed camps.
  • “When humans started having a camp—and we know that Homo erectus had campsites—then we know they were heading somewhere,” he told me. “They were a group progressively provisioned, sending out some individuals to hunt and some individuals to stay back and guard the valuable campsite. They were no longer just wandering through territory, emitting calls. They were on long-term campsites, maybe changing from time to time, but they had come together. They began to read intentions in each other’s behavior, what each other are doing. They started to learn social connections more solidly.”
  • “The humans become consistent with all the others,” he said, and the evolutionary steps were likely similar—beginning with the formation of groups within a freely mixing population, followed by the accumulation of pre-adaptations that make eusociality more likely, such as the invention of campsites. Finally comes the rise to prevalence of eusocial alleles—one of two or more alternative forms of a gene that arise by mutation, and are found at the same place on a chromosome—which promote novel behaviors (like communal child care) or suppress old, asocial traits. Now it is up to geneticists, he adds, to “determine how many genes are involved in crossing the eusociality threshold, and to go find those genes.”
  • Wilson posits that two rival forces drive human behavior: group selection and what he calls “individual selection”—competition at the level of the individual to pass along one’s genes—with both operating simultaneously. “Group selection,” he said, “brings about virtue, and—this is an oversimplification, but—individual selection, which is competing with it, creates sin. That, in a nutshell, is an explanation of the human condition.
  • “Within groups, the selfish are more likely to succeed,” Wilson told me in a telephone conversation. “But in competition between groups, groups of altruists are more likely to succeed. In addition, it is clear that groups of humans proselytize other groups and accept them as allies, and that that tendency is much favored by group selection.” Taking in newcomers and forming alliances had become a fundamental human trait, he added, because “it is a good way to win.”
  • If Wilson is right, the human impulse toward racism and tribalism could come to be seen as a reflection of our genetic nature as much as anything else—but so could the human capacity for altruism, and for coalition- and alliance-building. These latter possibilities may help explain Wilson’s abiding optimism—about the environment and many other matters. If these traits are indeed deeply written into our genetic codes, we might hope that we can find ways to emphasize and reinforce them, to build problem-solving coalitions that can endure, and to identify with progressively larger and more-inclusive groups over time.
Javier E

Why Bernie Sanders Is Adopting a Nordic-Style Approach - The Atlantic - 0 views

  • Nordic nations have produced what is, by any metric, an impressive output of successful entrepreneurs, international businesses, and brands. Sweden has Ikea, H&M, Spotify, and Volvo, to name a few. From Denmark have come Lego, Carlsberg, and one of the world’s largest pharmaceutical companies, Novo Nordisk. A Swede and a Dane co-founded the video calling service Skype. The core programming code of Linux—the leading operating system running on the world’s servers and supercomputers—was developed by a Finn. The Finnish company Nokia was the world’s largest mobile phone maker for more than a decade. And newer players like Finland’s Supercell and Rovio, creators of the ubiquitous video games Clash of Clans and Angry Birds, or Sweden’s Mojang, the publisher of the equally popular video game Minecraft, are changing the face of online gaming.
  • Nordic countries are well-ranked when it comes to helping facilitate starting a business. At the most basic level, what the Nordic approach does is reduce the risk of starting a company, since basic services such as education and health care are covered for regardless of the fledgling company’s fate. In addition, companies themselves are freed from the burdens of having to offer such services for their employees at the scale American companies do. And if the entrepreneur succeeds, they are rewarded by tax rates on capital gains that are lower than the rate on wages.
  • as capitalist economies the Nordic countries have proven that capitalism works better when it’s accompanied by smart, universal social policies that are in everyone’s self-interest.
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  • The problem is the way Sanders has talked about it. The way he’s embraced the term socialist has reinforced the American misunderstanding that universal social policies always require sacrifice for the good of others, and that such policies are anathema to the entrepreneurial, individualistic American spirit. It’s actually the other way around. For people to support a Nordic-style approach is not an act of altruism but of self-promotion
  • In an age when more and more people are working as entrepreneurs or on short-term projects, and when global competition is requiring all citizens to be better prepared to handle economic turbulence, every nation needs to ensure that its people have the education, health care, and other support structures they need to take risks, start businesses, and build a better future for themselves and for their country. It’s simply a matter of keeping up with the times.
  • as a proud Finn, I often like to remind my American friends that my countrymen in Finland fought two brutal wars against the Soviet Union to preserve Finland’s freedom and independence against socialism.
  • the truth is that free-market capitalism and universal social policies go well together—this isn’t about big government, it’s about smart government.
  • In the U.S., supporters of not only Bernie Sanders and Hillary Clinton, but also of Donald Trump, are worried about exactly the kinds of problems that universal social policies can help solve: worsening income inequality, shrinking opportunity, the decline of the middle class, and the survival of the ordinary family in the face of globalization. What America needs right now, desperately, isn’t to keep fighting the socialist bogeymen of the past, but to see the future
Javier E

Opinion | Lehman Failed for Good Reasons - The New York Times - 0 views

  • There have been major reforms. There is more transparency and tighter controls
  • Also, the 2008 crisis was the consequence not of too little regulation, but of inconsistent and inconsistently enforced regulation. Entities doing similar trades were applying different rules and were supervised by different regulators depending on their location, and how they were incorporated or chartered. Without functional regulation, this problem persists.
  • Third, no living will can solve the “too big to fail” problem for a highly complex global financial institution. We still do not know how to address the failure of a large international financial firm with hundreds of legal entities across the glob
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  • To me, the biggest risk of all has not been adequately addressed. What I learned from the Lehman experience is the importance of governance. Leadership is about doing the right thing, and no one should go unchallenged when they are about to make a questionable decision. This culture of checks and balances is still lacking in many organizations.
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