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Javier E

Led by Its Youth, U.S. Sinks in World Happiness Report - The New York Times - 0 views

  • Each year, it’s no surprise that Finland tops the annual World Happiness Report. And this year was no different, marking the country’s seventh consecutive year doing so
  • Americans — particularly those under 30 — have become drastically less happy in recent years
  • the latest data point in what some researchers have described as a crisis among America’s youth.
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  • For the first time since the first World Happiness Report was published in 2012, the United States fell out of the Top 20 and dropped to 23rd, pushed down by cratering attitudes of Americans under 30.
  • Americans have long been an unhappy bunch. They have never ranked in the Top 10 of the World Happiness Report, which is based on how respondents in different countries rate their own happiness.
  • cited the disruptions to life brought about by the coronavirus pandemic as a chief cause of mental health challenges among younger Americans.
  • The happiest young people are in Lithuania, while the unhappiest are in Afghanistan.
  • “I have never seen such an extreme change,” John Helliwell, an economist and a co-author of the report, said in an interview, referring to the drop in happiness among younger people. “This has all happened in the last 10 years, and it’s mainly in the English-language countries. There isn’t this drop in the world as a whole.”
  • Respondents were asked — among other prompts — to think of their life as a ladder and to rate it on a scale of one to 10, with 10 being the best possible life.
  • this was the first time that the consortium separated results by age, finding disparities in the views of younger and older Americans. Among the 143 countries surveyed, the United States ranked 10th for people 60 and older, but 62nd for people under 30.
  • Jade Song, a 27-year-old novelist, counted herself among those who had become increasingly unhappy in recent years.
  • “Many of the things that would have normally taken place for people, particularly high school young adults, did not take place,” he added. “And that is still occurring.”
  • “It’s mostly because as an adult you suddenly become aware of all the world news and you pay attention more to what you can control, and you realize that there is so little you can control,” Ms. Song, who was not part of the study, said in an interview. “Even if you’re going to protests or paying your rent and bills all on time, it’s so difficult, especially now, to break free from how you’re living your life when you realize how little impact your actions actually have on a broader level.”
  • There is a silver lining, though
  • In 2022, a Harvard University study showed that well-being among young adults in the United States had declined in the previous 20 years. Young people — those between the ages of 18 and 25 — reported the lowest levels of happiness compared with other age groups, as well as the poorest mental and physical health, sense of purpose, character, virtue, close social relationships and financial stability
  • Similar findings have emerged in Britain and Canada.
  • “One factor, which we’re all thinking about, is social media,” said Dr. Robert Waldinger, the director of the Harvard Study of Adult Development
  • “Because there’s been some research that shows that depending on how we use social media, it lowers well-being, it increases rates of depression and anxiety, particularly among young girls and women, teenage girls.”
  • In addition, Dr. Waldinger said, the negative feedback loop from news consumption has become a contributing factor.
  • “There’s also a lot of anxiety about the state of the world,” he said. “About climate change. About all of the polarization that we’re seeing.”
  • in some other countries, such as Croatia, Switzerland and Austria, the World Happiness Report shows that young people are becoming happier.
  • “Part of the problem is that we have this huge expectation of happiness in America,” said Eric Weiner, the author of “The Geography of Bliss,” and so we suffer partly from the unhappiness of not being happy and the expectation that we should be happy. And not every country in the world has that.”
  • “There’s an assumption that if you’re American, you’re wealthy and you’re high tech and you’re successful; you should be happy,” he said. “There’s a lot of data that shows that the greater your expectations, the less you’re happy.”
  • The expectations for young people like Ms. Song, the novelist, said have shifted.
  • “We have less to look forward to,” she said. “Because in the future, there’s going to be climate change that will affect the way we live. I think there’s less of a clear-cut trajectory for our life paths, because for so long, it was so easy just to know that you could go get married and have your 2.5 kids, and then pay for your house. But now that path is a lot more closed.”
  • “The literature is clear in practice — the effect that this had on socialization, pro-social behavior, if you will, and the ability for people to feel connected and have a community,”
  • “A, this angst is very local and, B, it’s very recent, which means, C, it’s not fundamental and going to last forever,” he said. “If it has been created that quickly, it could be removed that quickly.”
Javier E

China to Be No. 1 Economy Before 2030, Study Says - NYTimes.com - 1 views

  • To assess the validity of this study, the research and analysis team graded their past work on global trends, an effort undertaken every four years since 1996. Past studies, they found, had underestimated the speed with which changes arrived on the global scene.
  • The risk of conflict within a state — like a civil war or an insurgency — is expected to decline in Latin America, but will remain high in sub-Saharan Africa, in parts of the Middle East and South Asia, as well as in some Asia-Pacific island hot spots, the study warns.
  • “the health of the global economy increasingly will be linked to how well the developing world does — more so than the traditional West.” In addition to China, the developing nations that “will become especially important to the global economy” include India, Brazil, Colombia, Indonesia, Nigeria, South Africa and Turkey.
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  • A new intelligence assessment of global trends projects that China will outstrip the United States as the leading economic power before 2030, but that America will remain an indispensable world leader
  • “The growth of the global middle class constitutes a tectonic shift,” the study says, adding that billions of people will gain new individual power as they climb out of poverty. “For the first time, a majority of the world’s population will not be impoverished, and the middle classes will be the most important social and economic sector in the vast majority of countries around the world.”
  • half of the world’s population will probably be living in areas that suffer from severe shortages of fresh water, meaning that management of natural resources will be a crucial component of global national security efforts.
  • terrorists could mount a computer-network attack in which the casualties would be measured not by the hundreds or thousands killed but by the millions severely affected by damaged infrastructure, like electrical grids being taken down.
  • At least 15 countries are “at high risk of state failure” by 2030, the report predicts, among them Afghanistan and Pakistan, but also Burundi, Rwanda, Somalia, Uganda and Yemen.
  • The best-case situation for global security until 2030, according to the study, would be a growing political partnership between the United States and China.
  • The worst-case situation envisions a stalling of economic globalization that would preclude advancement of financial well-being around the world. That would be a likely outcome after an outbreak of a health pandemic that, even if short-lived, would result in closed borders and economic isolationism.
  • Mr. Burrows noted that the audiences in China were far more accepting of the American intelligence assessments — both those predicting China’s economic ascendancy and those warning of political dangers if there was no reform of governance in Beijing — than were audiences in Russia.
  • To assess the validity of this study, the research and analysis team graded its past work on global trends, an effort undertaken every four years since 1996. Past studies, it found, underestimated the speed with which changes arrived on the global scene.
  • previous assessments should have paid greater attention to ideology.
  • The risk of conflict within a state — like a civil war or an insurgency — is expected to decline in Latin America, but will remain high in sub-Saharan Africa, in parts of the Middle East and South Asia, and in some Asia-Pacific island hot spots
  • Most worrisome — and already a part of the global security dynamic — is an assessment that future wars in Asia and the Middle East could include nuclear weapons.
  • Other important demographic trends will be aging populations in Europe, Japan, South Korea and Taiwan, which could slow their economies further
  • “the health of the global economy increasingly will be linked to how well the developing world does — more so than the traditional West.”
  • In addition to China, the developing nations that “will become especially important to the global economy” include Brazil, Colombia, India, Indonesia, Nigeria, South Africa and Turkey.
Javier E

FOCUS | The Right's Second Amendment Lies - 0 views

  • ight-wing resistance to meaningful gun control is driven, in part, by a false notion that America's Founders adopted the Second Amendment because they wanted an armed population that could battle the U.S. government. The opposite is the truth, but many Americans seem to have embraced this absurd, anti-historical narrative.
  • The reality was that the Framers wrote the Constitution and added the Second Amendment with the goal of creating a strong central government with a citizens-based military force capable of putting down insurrections, not to enable or encourage uprisings
  • The men who gathered in Philadelphia in 1787 weren't precursors to France's Robespierre or Russia's Leon Trotsky, believers in perpetual revolutions. In fact, their work on the Constitution was influenced by the experience of Shays' Rebellion in western Massachusetts in 1786, a populist uprising that the weak federal government, under the Articles of Confederation, lacked an army to defeat.
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  • "If three years ago [at the end of the American Revolution] any person had told me that at this day, I should see such a formidable rebellion against the laws & constitutions of our own making as now appears I should have thought him a bedlamite - a fit subject for a mad house," Washington wrote to Knox on Feb. 3, 1787, adding that if the government "shrinks, or is unable to enforce its laws … anarchy & confusion must prevail."
  • Washington's alarm about Shays' Rebellion was a key factor in his decision to take part in - and preside over - the Constitutional Convention, which was supposed to offer revisions to the Articles of Confederation but instead threw out the old structure entirely and replaced it with the U.S. Constitution, which shifted national sovereignty from the 13 states to "We the People" and dramatically enhanced the power of the central government.
  • A central point of the Constitution was to create a peaceful means for the United States to implement policies favored by the people but within a structure of checks and balances to prevent radical changes deemed too disruptive to the established society. For instance, the two-year terms of the House of Representatives were meant to reflect the popular will but the six-year terms of the Senate were designed to temper the passions of the moment.
  • Within this framework of a democratic Republic, the Framers criminalized taking up arms against the government. Article IV, Section 4 committed the federal government to protect each state from not only invasion but "domestic Violence," and treason is one of the few crimes defined in the Constitution as "levying war against" the United States as well as giving "Aid and Comfort" to the enemy (Article III, Section 3).
  • To win over other skeptics, Madison agreed to support a Bill of Rights, which would be proposed as the first ten amendments to the Constitution.
  • The Second Amendment dealt with concerns about "security" and the need for trained militias to ensure what the Constitution called "domestic Tranquility." There was also hesitancy among many Framers about the costs and risks from a large standing army, thus making militias composed of citizens an attractive alternative.
  • "A well-regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed." Contrary to some current right-wing fantasies about the Framers wanting to encourage popular uprisings over grievances, the language of the amendment is clearly aimed at maintaining order within the country.
  • That point was driven home by the actions of the Second Congress amid another uprising which erupted in 1791 in western Pennsylvania. This anti-tax revolt, known as the Whiskey Rebellion, prompted Congress in 1792 to expand on the idea of "a well-regulated militia" by passing the Militia Acts which required all military-age white males to obtain their own muskets and equipment for service in militias.
  • there is also the simple logic that the Framers represented the young nation's aristocracy. Many, like Washington, owned vast tracts of land. They recognized that a strong central government and domestic tranquility were in their economic interests.
  • it would be counterintuitive - as well as anti-historical - to believe that Madison and Washington wanted to arm the population so the discontented could resist the constitutionally elected government. In reality, the Framers wanted to arm the people - at least the white males - so uprisings, whether economic clashes like Shays' Rebellion, anti-tax protests like the Whiskey Rebellion, attacks by Native Americans or slave revolts, could be repulsed.
Javier E

In Its Defense, Police Dept. Cites Laziness of Its Officers - NYTimes.com - 0 views

  • The trial’s focus on quotas and productivity goals has illuminated the labor-management tensions that run deep through the Police Department, with 15,000 rank-and-file officers on the patrol force. “I think we’re charged with trying to get the police officers to work, do the things that they’re getting paid for,” the Police Department’s deputy commissioner for labor relations, John Beirne, testified.
  • “You have 10 percent that will work as hard as they can, whenever they can, no matter how bad we treat them, how bad the conditions are,” Mr. Esposito said. These officers “love being cops and they’re going to do it no matter what.” On the other extreme, Mr. Esposito said, “You have 10 percent on the other side that are complete malcontents that will do as little as possible no matter how well you treat them.”
  • While most police commanders have denied putting a quota in place, city officials have not shied from explaining that they keep close track of how productive their officers are, as would any other employer of a large work force.
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  • In some precincts, Mr. Esposito noted, most enforcement activity, like ticket writing, occurred when officers were paid time-and-a-half overtime, instead of during their regular workweek. “It’s a question as to why they can see activity when they are being paid overtime as opposed to not being able to see activity when they are on straight time,” Mr. Esposito testified.
  • A 2010 state law forbids the department from retaliating against officers for not making a certain minimum number of street stops. But Mr. Beirne testified that performance goals did not violate that law. “My feeling was that the supervisors or the department could set performance goals for employees,” Mr. Beirne said. “Whether they be numerical or not was not an issue.”
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julia rhodes

Analyses - The Debate Over How To Deal With North Korea | Kim's Nuclear Gamble | FRONTL... - 0 views

  • It was a playing field on which we were expected to pay the North Koreans not to do dangerous things, and that is not a sound basis for a policy.
  • When Bush won the presidency, talks [with North Korea] ceased immediately. The criticism that comes from the Clinton camp is that there was no continuity in policy.
  • I honestly don't see how, looking back, the architects of that agreement can hold the Bush administration culpable for behavior that, in retrospect, should make us reconsider whether the original Framework Agreement was a sensible idea.
    • julia rhodes
       
      hmm
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  • It is the policy of the government of North Korea, in my judgment, to use its capacity to do harm to elicit support from those who might be harmed by actions they would agree not to take
  • The criticism of the Bush administration would be that it, in all of this tough talk and rebuffing the Sunshine Policy, that they have failed to get to the negotiating table and that things have only gotten worse.
  • The Sunshine Policy, we now know, involves a lot less sunshine, a lot less light than heat -- massive payments, as I understand it -- in order to stage meetings that have political ramifications within South Korea, without any significant movement by the North Koreans in any direction that's any way helpful. So the Sunshine Policy has simply not succeeded. It's a failure.
    • julia rhodes
       
      Every prison camp escapee urges governments to not give anything to North Korea
  • I think that we had a different view of what the 21st century could be like, with much more of a sense, from our perspective, of trying to have an interdependent world, looking at solving regional conflicts, having strength in alliances, operating within some kind of a sense that we were part of the international community and not outside of it. And I just think that basically many of them, saw the world quite differently.
  • But the situation is quite different here, in that a strike on Yongbyon is likely to produce another Korean War, with hundreds of thousands, if not over a million, people dead.Well, we don't know whether it would produce another Korean War. But that's a risk.
  • Well, just a much more zero-sum view of the world. ...
  • The so-called "Perry approach" was focused primarily on WMD -- did not embrace changes in the conventional force alignment, or did not embrace human rights issues.
    • julia rhodes
       
      NOOO!
  • because what we are insisting on is that the regional powers get more involved.
  • Now, this is a tough issue because there's no question that the Chinese should be interested in whether there's a nuclear Korean peninsula, and I know that one of the things the administration wants to do is to get the Chinese to take more responsibility for this.
  • what should happen is that the North Koreans should freeze whatever they're doing, and we should freeze whatever military buildup and various things we're doing in the area in order to negotiate something new, which would be beyond the Agreed Framework.
  • The Bush administration is saying we shouldn't have to give them anything. They're violating the Nuclear Nonproliferation Treaty, they're in defiance of the world. They should be held to task; that appeasement leads to more aggressive behavior.
  • It's not a concession. ... I think that I would not give concessions. There's no reason to. What you do is that you have various quid pro quos in any agreement, but if you decide up front that just having the direct talks is a concession, you're pretty much stuck. That's the problem.
  • A concession, at least to me, is if one side concedes and the other doesn't. I mean, I think that there are ways that there are things we want, and there are things that they want.
  • They wanted that reiterated. As far as I know, we have no hostile intent towards North Korea. Why would it have been such a big deal just to reiterate that? It's things like that where this administration has kind of dug its heels in and said anything that we did vis-a-vis North Korea is appeasement.
  • I completely disagree because I believe that it is essential to see whether there's a way to have some agreements. We talked to Stalin, we talked to Mao, we talked to Khrushchev, and Brezhnev. We made agreements. I don't consider talking appeasement
  • One of the lines of debate in pursuing Korean policy is whether our focus should be on nonproliferation or whether our focus should be on regional stability. These are two different ways of looking at the North Korean problem.
  • I think that's an exaggeration. The clear policy of our government is that we find nuclear weapons in North Korea to be unacceptable and intolerable. Nobody wants nuclear weapons in North Korea. So why not talk to them?
  • I believe the [Agreed Framework] would have been more effective if other players had been more directly involved.
  • They just want to talk to the United States.Well, do we have to give them what they want all the time?
  • I was surprised. I'm not surprised some people in the administration thought that. I'm surprised they'd take that policy approach to North Korea. I thought it was counterproductive.
  • t may be therapeutic for us to to talk that way, but does not accomplish our objectives, and does not enhance our security. Indeed, as it's turning out, I think it's putting it in some danger
  • I think it's quite possible that the North Koreans have already decided that they're going to become a declared nuclear state and that no amount of dialogue will stop them from that.
  • The world is running out of time.
  • For us to strike militarily at North Korea, given the risk that we would be incurring for South Korea, would be one of the most immoral acts conceivable. So we are left then, with only the option of engaging with them.
  • But, yes, it's extortion, and we're rewarding bad behavior. But much of diplomacy is rewarding bad behavior. You're trying to figure out how you can stop the worst of the behavior at the lowest-possible price
  • I think they've not accomplished much that's good.
  • preemptive war, preventive war -- kind of runs up against its match in the Korean peninsula?
  • Why are we doing in Iraq what we're not trying to do in North Korea?
  • And that's the whole problem with one, the axis of evil concept and two, the doctrine, if it is a doctrine, of preemptive deterrence. That there are some things that you can't preemptively deter. And North Korea I think is a classic example. ...
    • julia rhodes
       
      EXACTLY!
  • Those who criticize the deal because they cheated on it, I think are not understanding the nature of international politics. We have done deals with people who we expected might well cheat. And indeed, the Soviet Union cheated on all kinds of deals, massively in the biological weapons convention. You look at the deal and say
  • I think they're worried about the survival of their regime, independent of what we would do, because they know that they are in deep trouble, in terms of their economy.
  • I think the North Koreans are truly concerned about their security.
  • And if it worked, I'd have no problem with it. There's nothing wrong with the rhetoric. The problem is, it hasn't.
  • "We don't talk to these rogue regimes," and feel good about that, people may die because you failed to deal with this in an effective way, in a diplomatic way. It is not a concession, in my view, to the North Koreans to pay for performance on their part. You can call it a concession. You can call it appeasement. It is dealing with the problem as it is. It is preferable to me than the use of force.
Javier E

A new theory for why Trump voters are so angry - that actually makes sense - The Washin... - 0 views

  • There’s been great thirst this election cycle for insight into the psychology of Trump voters
  • J.D. Vance’s memoir “Hillbilly Elegy” offers a narrative about broken families and social decay. “There is a lack of agency here — a feeling that you have little control over your life and a willingness to blame everyone but yourself,”
  • white voters feel the American Dream is drifting out of reach for them, and they are angry because they believe minorities and immigrants have butted in line.
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  • politics have increasingly become a matter of personal identity. Just about all of her subjects felt a deep sense of bitterness toward elites and city dwellers; just about all of them felt tread on, disrespected and cheated out of what they felt they deserved.
  • this “rural consciousness” is key to understanding which political arguments ring true to her subjects.
  • most rural Wisconsinites supported the tea party's quest to shrink government not out of any belief in the virtues of small government but because they did not trust the government to help “people like them.”
  • it is hard to conclude that the people I studied believe what they do because they have been hoodwinked. Their views are rooted in identities and values, as well as in economic perceptions; and these things are all intertwined.”
  • So it’s all three of these things — the power, the money, the respect. People are feeling like they’re not getting their fair share of any of that.
  • Cramer shows that there are nuances to political rage. To understand Trump's success, she argues, we have to understand how he tapped into people's sense of self.
  • people felt that they were not getting their fair share of decision-making power. For example, people would say: All the decisions are made in Madison and Milwaukee and nobody’s listening to us. Nobody’s paying attention, nobody’s coming out here and asking us what we think. Decisions are made in the cities, and we have to abide by them
  • people would complain that they weren’t getting their fair share of stuff, that they weren’t getting their fair share of public resources. That often came up in perceptions of taxation. People had this sense that all the sense that all the money is sucked in by Madison, but never spent on places like theirs.
  • people felt that they weren’t getting respect. They would say: The real kicker is that people in the city don’t understand us. They don’t understand what rural life is like, what’s important to us and what challenges that we’re facing. They think we’re a bunch of redneck racists.
  • Many have pointed out that American politics have become increasingly tribal; Cramer takes that idea a step further, showing how these tribal identities shape our perspectives on reality.
  • Look at all the graphs showing how economic inequality has been increasing for decades. Many of the stories that people would tell about the trajectories of their own lives map onto those graphs, which show that since the mid-'70s, something has increasingly been going wrong.
  • It’s just been harder and harder for the vast majority of people to make ends meet. So I think that’s part of this story. It’s been this slow burn.
  • So what do you think set it all off? Cramer: The Great Recession didn’t help. Though, as I describe in the book, people weren’t talking about it in the ways I expected them to. People were like, Whatever, we’ve been in a recession for decades. What’s the big deal?
  • Part of it is that the Republican Party over the years has honed its arguments to tap into this resentment. They’re saying: “You’re right, you’re not getting your fair share, and the problem is that it’s all going to the government. So let’s roll government back.”
  • truth be told, I think many people saw the election of an African American to the presidency as a threat. They were thinking: Wow something is going on in our nation and it’s really unfamiliar, and what does that mean for people like me?
  • I think in the end his presence has added to the anxieties people have about where this country is headed.
  • What I heard from my conversations is that, in these three elements of resentment — I’m not getting my fair share of power, stuff or respect — there’s race and economics intertwined in each of those ideas.
  • The other really important element here is people’s perceptions. Surveys show that it may not actually be the case that Trump supporters themselves are doing less well — but they live in places where it’s reasonable for them to conclude that people like them are struggling.
  • We know that when people think about their support for policies, a lot of the time what they’re doing is thinking about whether the recipients of these policies are deserving. Those calculations are often intertwined with notions of hard work, because in the American political culture, we tend to equate hard work with deservingness.
  • it’s not just people of color. People are like: Are you sitting behind a desk all day? Well that’s not hard work. Hard work is someone like me — I’m a logger, I get up at 4:30 and break my back. For my entire life that’s what I’m doing. I’m wearing my body out in the process of earning a living.
  • through resentment and these notions of deservingness, that’s where you can see how economic anxiety and racial anxiety are intertwined.
  • It’s not just resentment toward people of color. It’s resentment toward elites, city people.
  • it’s the perceptions that people have about their reality are the key driving force here. That’s been a really important lesson from this election.
  • As I was reading your book it really struck me that the people you talked to, they really have a strong sense of what they deserve, and what they think they ought to have. Where does that come from? Cramer: Part of where that comes from is just the overarching story that we tell ourselves in the U.S. One of the key stories in our political culture has been the American Dream — the sense that if you work hard, you will get ahead.
  • the notion that they are not getting what they deserve, it comes from them feeling like they’re struggling. They feel like they’re doing what they were told they needed to do to get ahead. And somehow it’s not enough.
  • Oftentimes in some of these smaller communities, people are in the occupations their parents were in, they’re farmers and loggers. They say, it used to be the case that my dad could do this job and retire at a relatively decent age, and make a decent wage. We had a pretty good quality of life, the community was thriving. Now I’m doing what he did, but my life is really much more difficult
  • Cramer: It’s not inevitable that people should assume that the decline in their quality of life is the fault of other population group
  • here’s where having Bernie Sanders and Donald Trump running alongside one another for a while was so interesting. I think the support for Sanders represented a different interpretation of the problem. For Sanders supporters, the problem is not that other population groups are getting more than their fair share, but that the government isn’t doing enough to intervene here and right a ship that’s headed in the wrong direction.
  • There’s just more and more of a recognition that politics for people is not — and this is going to sound awful, but — it’s not about facts and policies. It’s so much about identities, people forming ideas about the kind of person they are and the kind of people others are. Who am I for, and who am I against?
  • Policy is part of that, but policy is not the driver of these judgments. There are assessments of, is this someone like me? Is this someone who gets someone like me?
  • putting energy into trying to understanding they way they view the world and their place in it — that gets us so much further toward understanding how they’re going to vote, or which candidates are going to be appealing to them.
  • All of us, even well-educated, politically sophisticated people interpret facts through our own perspectives, our sense of what who we are, our own identities.
  • I don’t think that what you do is give people more information. Because they are going to interpret it through the perspectives they already have. People are only going to absorb facts when they’re communicated from a source that they respect, from a source who they perceive has respect for people like them.
  • People for months now have been told they’re absolutely right to be angry at the federal government, and they should absolutely not trust this woman, she’s a liar and a cheat, and heaven forbid if she becomes president of the United States. Our political leaders have to model for us what it’s like to disagree, but also to not lose basic faith in the system. Unless our national leaders do that, I don’t think we should expect people to
  • Thank God I was as naive as I was when I started. If I knew then what I know now about the level of resentment people have toward urban, professional elite women, would I walk into a gas station at 5:30 in the morning and say, “Hi! I’m Kathy from the University of Madison”?
  • And then I would go back for a second visit, a third visit, a fourth, fifth and sixth. And we liked each other. Even at the end of my first visit, they would say, “You know, you’re the first professor from Madison I’ve ever met, and you’re actually kind of normal.” And we’d laugh. We got to know each other as human beings.
  • That’s partly about listening, and that’s partly about spending time with people from a different walk of life, from a different perspective. There’s nothing like it. You can’t achieve it through online communication. You can’t achieve it through having good intentions. It’s the act of being with other people that establishes the sense we actually are all in this together.
ecfruchtman

At Wells Fargo, Bank Branches Were Tipped Off to Inspections - 0 views

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    As Wells Fargo & Co.'s sales-tactics scandal unfolded, investors, regulators and politicians asked how improper practices could have persisted for so long. One possible reason: bank branches were given a heads up before Wells Fargo's internal monitors landed for inspections. Managers and employees at the bank's roughly 6,000 branches across the U.S.
Javier E

The Great Trump Reshuffle - The New York Times - 0 views

  • In 2012, President Obama lost college-educated voters by 4 points; this year, according to Public Opinion Strategies’ analysis, Clinton will win them by 29 points.
  • Clinton should make substantial gains among voters from households earning in excess of $100,000. While Obama lost these affluent voters in 2012 by 10 points, the NBC/WSJ survey shows Clinton carrying them by 12 points.
  • There are two groups among whom Trump will gain and Clinton will lose: voters making less than $30,000 and voters with high school degrees. Both less affluent groups are expected to increase their level of support for the Republican nominee over their 2012 margins, by 13 and by 17 points.
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  • The Republican coalition of 2016, in fact, will look increasingly like the Democratic Party of the 1930s.
  • A Trump versus Clinton contest will deepen the partisan divisions that for the past five decades have set those who support the social and cultural revolutions of the past five decades on race, immigration, women’s rights, gender equality and gay rights — as well as the broader right to sexual privacy — against those who remain in opposition.
  • Tesler’s findings are illustrated in the accompanying chart. There was a dose effect: the higher you scored on racial resentment, the more likely you were to support Trump; the more you resented immigrants or professed your white ethnocentrism, the likelier you were to plan to vote for Trump.
  • Tesler and Sides ranked white respondents by their level of “white racial identity” — determined by asking white respondents questions like “How Important is being white to your identity?”; “How important is it that whites work together to change laws that are unfair to whites?”; and “How likely is it that many whites are unable to find a job because employers are hiring minorities instead?”
  • In each case, Trump’s level of support in the survey rose in direct proportion to your level of agreement with each of these statements.
  • “The Second Demographic Transition: A concise overview of its development,” by Lesthaeghe, summarizes this concept:The SDT starts in the 1960s with a series of multifaceted revolutions. First, there was the contraceptive revolution, with the introduction of hormonal contraception and far more efficient IUDs; second, there was the sexual revolution, with declining ages at first sexual intercourse; and third, there was the gender revolution, questioning the sole breadwinner household model and the gendered division of labor that accompanied it.
  • These revolutions have reordered much of society. Lesthaeghe continues:These three "revolutions” fit within the framework of an overall rejection of authority, the assertion of individual freedom of choice (autonomy), and an overhaul of the normative structure. The overall outcome of these shifts with respect to fertility was the postponement of childbearing: mean ages at first parenthood rise again, opportunities for childbearing are lost due to higher divorce rates, the share of childless ever-partnered women increases, and higher parity births (four or more) become rare.
  • Measured by these criteria, the top-ranked counties were cosmopolitan centers, with a larger percentage of affluent, highly educated residents: New York City, the District of Columbia, Pitkin County, Colo. (where Aspen is), San Francisco and Marin County, Calif
  • The counties at the bottom tended to be small, white, rural, poor and less educated and they were located in the South and the mountain West:
  • the lower the S.D.T. ranking, the higher Trump’s votes compared to his statewide average; the higher the S.D.T. level, the lower Trump’s vote
  • The nomination of Donald Trump will sharpen and deepen the Republican Party’s core problems. Trump gains the party ground among declining segments of the population — less well educated, less well off whites — and loses ground with the growing constituencies: single women, well-educated men and women, minorities, the affluent and professionals.
  • Not only are more and more Americans adopting the practices and values described by Lesthaeghe and Neidert — self-expressiveness, gender equality, cohabitation, same-sex couples, postponed marriage and childbearing — but so too is much of the developed world.
  • This transition has effectively become the norm in much of Europe, and, as Lesthaeghe points out, it is gaining ground in regions as diverse as East Asia and Latin America.
  • For decades now, the Republican Party has been conducting a racial and cultural counterrevolution. It proved a successful strategy from 1966 to 1992.
  • Since then, as the percentage of Americans on the liberal side of the culture wars has grown steadily, the counterrevolutionary approach has become more and more divisive.
  • In this respect, Trump is not, as many charge, violating core Republican tenets. Instead, he represents the culmination of the rear-guard action that has characterized the party for decades
  • There is a chance that Trump will bring new blood into a revitalized Republican coalition. It’s also possible that he will accelerate the Republican Party’s downward spiral into irrelevance.
Javier E

The Great Stagnation of American Education - NYTimes.com - 0 views

  • For most of American history, parents could expect that their children would, on average, be much better educated than they were. But that is no longer true.
  • From 1891 to 2007, real economic output per person grew at an average rate of 2 percent per year — enough to double every 35 years. The average American was twice as well off in 2007 as in 1972, four times as well off as in 1937, and eight times as well off as in 1902. It’s no coincidence that for eight decades, from 1890 to 1970, educational attainment grew swiftly. But since 1990, that improvement has slowed to a crawl.
  • The surge in high school graduation rates — from less than 10 percent of youth in 1900 to 80 percent by 1970 — was a central driver of 20th-century economic growth. But the percentage of 18-year-olds receiving bona fide high school diplomas fell to 74 percent in 2000
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  • Growth in annual average economic output per capita has slowed from the century-long average of 2 percent, to 1.3 percent over the past 25 years, to a mere 0.7 percent over the past decade.
  • The gains in income since the 2007-9 Great Recession have flowed overwhelmingly to those at the top, as has been widely noted. Real median family income was lower last year than in 1998.
  • There are numerous causes of the less-than-satisfying economic growth in America: the retirement of the baby boomers, the withdrawal of working-age men from the labor force, the relentless rise in the inequality of the income distribution and, as I have written about elsewhere, a slowdown in technological innovation.
  • Education deserves particular focus because its effects are so long-lasting. Every high school dropout becomes a worker who likely won’t earn much more than minimum wage, at best, for the rest of his or her life.
  • The premium that employers pay to a college graduate compared with that to a high school graduate has soared since 1970, because of higher demand for technical and communication skills at the top of the scale and a collapse in demand for unskilled and semiskilled workers at the bottom.
  • research has shown that high-discipline, “no-excuses” charter schools, like those run by the Knowledge Is Power Program and the Harlem Children’s Zone, have erased racial achievement gaps. This model suggests that a complete departure from the traditional public school model, rather than pouring in more money per se, is needed.
  • For most of the postwar period, the G.I. Bill, public and land-grant universities and junior colleges made a low-cost education more accessible in the United States than anywhere in the world. But after leading the world in college completion, America has dropped to 16th.
  • The cost of a university education has risen faster than the rate of inflation for decades. Between 2008 and 2012 state financing for higher education declined by 28 percent
  • Two-year community colleges enroll 42 percent of American undergraduates. The Center on International Education Benchmarking reports that only 13 percent of students in two-year colleges graduate in two years; that figure rises to a still-dismal 28 percent after four year
  • Compared with other nations where students learn several languages and have math homework in elementary school, the American system expects too little. Parental expectations also matter: homework should be emphasized more, and sports less.
  • family breakdown is now biracial.” Among lower-income whites, the proportion of children living with both parents has plummeted over the past half-century
  • the holders of G.E.D.’s performed no better economically than high school dropouts and that the rising share of young people who are in prison rather than in school plays a small but important role in the drop in graduation rates.
  • Lacking in the American system is a well-organized funnel between community colleges and potential blue-collar employers, as in the renowned apprenticeship system in Germany.
  • In Canada, each province manages and finances education at the elementary, secondary and college levels, thus avoiding the inequality inherent in America’s system of local property-tax financing for public schools. Tuition at the University of Toronto was a mere $5,695 for Canadian arts and science undergraduates last year, compared with $37,576 at Harvard. It should not be surprising that the Canadian college completion rate is about 15 percentage points above the American rate.
Javier E

The American Middle Class Is No Longer the World's Richest - NYTimes.com - 0 views

  • After-tax middle-class incomes in Canada — substantially behind in 2000 — now appear to be higher than in the United States
  • The poor in much of Europe earn more than poor Americans.
  • The struggles of the poor in the United States are even starker than those of the middle class. A family at the 20th percentile of the income distribution in this country makes significantly less money than a similar family in Canada, Sweden, Norway, Finland or the Netherlands. Thirty-five years ago, the reverse was true.
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  • the most commonly cited economic statistics — such as per capita gross domestic product — continue to show that the United States has maintained its lead as the world’s richest large country. But those numbers are averages, which do not capture the distribution of income.
  • Three broad factors appear to be driving much of the weak income performance in the United States. First, educational attainment in the United States has risen far more slowly than in much of the industrialized world over the last three decades, making it harder for the American economy to maintain its share of highly skilled, well-paying jobs.
  • technology skills that are above average relative to 55- to 65-year-olds in rest of the industrialized world
  • Younger Americans, though, are not keeping pace: Those between 16 and 24 rank near the bottom among rich countries, well behind their counterparts in Canada, Australia, Japan and Scandinavia
  • Finally, governments in Canada and Western Europe take more aggressive steps to raise the take-home pay of low- and middle-income households by redistributing income.
  • Whatever the causes, the stagnation of income has left many Americans dissatisfied with the state of the country. Only about 30 percent of people believe the country is headed in the right direction,
  • both opinion surveys and interviews suggest that the public mood in Canada and Northern Europe is less sour than in the United States today.
  • Elsewhere in Europe, economic growth has been slower in the last few years than in the United States, as the Continent has struggled to escape the financial crisis. But incomes for most families in Sweden and several other Northern European countries have still outpaced those in the United States, where much of the fruits of recent economic growth have flowed into corporate profits or top incomes.
  • Even in Germany, though, the poor have fared better than in the United States, where per capita income has declined between 2000 and 2010 at the 40th percentile, as well as at the 30th, 20th, 10th and 5th.
  • the poor in the United States have trailed their counterparts in at least a few other countries since the early 1980s. With slow income growth since then, the American poor now clearly trail the poor in several other rich countries. At the 20th percentile — where someone is making less than four-fifths of the population — income in both the Netherlands and Canada was 15 percent higher than income in the United States in 2010.
  • By contrast, Americans at the 95th percentile of the distribution — with $58,600 in after-tax per capita income, not including capital gains — still make 20 percent more than their counterparts in Canada, 26 percent more than those in Britain and 50 percent more than those in the Netherlands. For these well-off families, the United States still has easily the world’s most prosperous major economy.
Javier E

A Cultural Gift to Paris Could Redesign LVMH's Image - NYTimes.com - 0 views

  • The luxury business is changing. As consumers have experienced what Bain & Company calls “logo fatigue,” growth for brands including Gucci, Prada and Vuitton has slowed.
  • The conventional wisdom was that consumers cared about obvious aspirational signifiers like name and price; the new view is that they now care about the less apparent marks of connoisseurship: handwork and craft
  • “If the 20th century was about manufacturing,” said Michael Burke, the chief executive of Louis Vuitton, “the 21st century will be about intangibles” — concern for preservation, heritage, the environment.
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  • “The sophisticated consumer became a bit disappointed in luxury as it strove for ubiquity,”
  • “You can’t keep opening stores,” Mr. Hutchings said, “so you have to think about exactly how you are engaging with the consumer.” He added: “The new model is representing something a whole lot deeper and more meaningful to consumers.”
  • As a result, a new front has opened in the luxury wars, with the names stitched inside handbags now also chiseled on cultural institutions. In Italy alone, Tod’s, the Italian luxury group, is underwriting the restoration of the Colosseum for 25 million euros, or $31.7 million; LVMH’s Fendi is spending €2 million for restoration of the Trevi Fountain; Versace is helping to restore Milan’s Galleria Vittorio Emanuele II; and Salvatore Ferragamo pitched in at the Uffizi Gallery in Florence.
  • “Consumers buy luxury goods products as a way to ennoble themselves; luxury goods companies and brands can earn more ‘nobility’ by associating their names to art and masterpieces,”
  • All of this halo-associating behavior is occurring as luxury has become more enticing as a sector. In the depths of the recession, the luxury market grew by 5 percent worldwide
  • Mr. Arnault sees his role as ensuring the future of brands, but not necessarily the designers behind them — a crucial distinction. As a result, whenever he makes a controversial play for a company, the predator image becomes part of the fight.
  • the question for a business being courted by several buyers is not so much “Can you afford us?” as “Who do we like best?” In that context, “linking to culture is a very powerful tool,” said Ms. D’Arpizio at Bain. “You are dealing largely with entrepreneurs who want their brand to survive them and last into the future, and culture is all about preserving that for the future.”
  • “Steve Jobs once asked me for some advice about retail, but I said, ‘I am not sure at all we are in the same business.’ I don’t know if we will still use Apple products in 25 years, but I am sure we will still be drinking Dom Pérignon.”Technology is predicated on change; luxury, however, is predicated on heritage and connection to tradition.
  • “France has a complicated relationship to success,” said Mr. Burke, who has worked with Mr. Arnault since that time. “Just think about the fact the expression ‘to make money’ does not exist in France. You ‘gagner l’argent’; you win money — the implication being either you are taking it away from someone by beating them, or you didn’t deserve it. And in France, Bernard Arnault epitomizes making money.”
  • Today, the company vies for brands and creative talent not just with peers like Kering and Richemont, but also with private equity firms like Yucaipa (which has stakes in Barneys and Zac Posen) and players from the Middle East and Asia. The Qatar Investment Authority owns Harrods as well as minority stakes in Tiffany and Porsche. And the Hong Kong-based Fung Group, through its private equity vehicle First Heritage Brands, owns Sonia Rykiel, Robert Clergerie and Delvaux.
  • The increased prominence of Antoine and Delphine Arnault has also helped promote an image of LVMH — despite being a huge public company with €29.1 billion in revenue — as a family affair.
  • “It will show everyone who he really is,” Mr. Claverie said, suggesting that the FLV would reveal Mr. Arnault as someone who makes creativity happen, as opposed to a man who merely exploits and commoditizes it.
  • “I told Mr. Arnault to be prepared for the fact that the French reaction, at least, will not be all positive,” Mr. Burke of Vuitton said. “I think we may get something along the lines of, ‘Who does he think he is to do this? It is not for business people to make these kinds of cultural statements!’ and so on.”
  • “At some point, though, France will adapt to it,” he continued. “Then they will accept it. And then they will love it.”
Javier E

Why the Rich Are So Much Richer by James Surowiecki | The New York Review of Books - 0 views

  • Historically, inequality was not something that academic economists, at least in the dominant neoclassical tradition, worried much about. Economics was about production and allocation, and the efficient use of scarce resources. It was about increasing the size of the pie, not figuring out how it should be divided.
  • “Of the tendencies that are harmful to sound economics, the most seductive, and…the most poisonous, is to focus on questions of distribution.”
  • Stiglitz argues, what we’re stuck with isn’t really capitalism at all, but rather an “ersatz” version of the system.
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  • Stiglitz has made the case that the rise in inequality in the US, far from being the natural outcome of market forces, has been profoundly shaped by “our policies and our politics,” with disastrous effects on society and the economy as a whole. In a recent report for the Roosevelt Institute called Rewriting the Rules, Stiglitz has laid out a detailed list of reforms that he argues will make it possible to create “an economy that works for everyone.”
  • his entire career in academia has been devoted to showing how markets cannot always be counted on to produce ideal results. In a series of enormously important papers, for which he would eventually win the Nobel Prize, Stiglitz showed how imperfections and asymmetries of information regularly lead markets to results that do not maximize welfare.
  • He also argued that this meant, at least in theory, that well-placed government interventions could help correct these market failures
  • in books like Globalization and Its Discontents (2002) he offered up a stinging critique of the way the US has tried to manage globalization, a critique that made him a cult hero in much of the developing world
  • Stiglitz has been one of the fiercest critics of the way the Eurozone has handled the Greek debt crisis, arguing that the so-called troika’s ideological commitment to austerity and its opposition to serious debt relief have deepened Greece’s economic woes and raised the prospect that that country could face “depression without end.”
  • For Stiglitz, the fight over Greece’s future isn’t just about the right policy. It’s also about “ideology and power.
  • there’s a good case to be made that the sheer amount of rent-seeking in the US economy has expanded over the years. The number of patents is vastly greater than it once was. Copyright terms have gotten longer. Occupational licensing rules (which protect professionals from competition) are far more common. Tepid antitrust enforcement has led to reduced competition in many industries
  • The Great Divide is somewhat fragmented and repetitive, but it has a clear thesis, namely that inequality in the US is not an unfortunate by-product of a well-functioning economy. Instead, the enormous riches at the top of the income ladder are largely the result of the ability of the one percent to manipulate markets and the political process to their own benefit.
  • Inequality obviously has no single definition. As Stiglitz writes:There are so many different parts to America’s inequality: the extremes of income and wealth at the top, the hollowing out of the middle, the increase of poverty at the bottom. Each has its own causes, and needs its own remedies.
  • his preoccupation here is primarily with why the rich today are so much richer than they used to be.
  • the main reason people at the top are so much richer these days than they once were (and so much richer than everyone else) is not that they own so much more capital: it’s that they get paid much more for their work than they once did, while everyone else gets paid about the same, or less
  • while incomes at the top have risen in countries around the world, nowhere have they risen faster than in the US.
  • One oft-heard justification of this phenomenon is that the rich get paid so much more because they are creating so much more value than they once did
  • as companies have gotten bigger, the potential value that CEOs can add has increased as well, driving their pay higher.
  • Stiglitz will have none of this. He sees the boom in the incomes of the one percent as largely the result of what economists call “rent-seeking.”
  • from the perspective of the economy as a whole, rent-seeking is a waste of time and energy. As Stiglitz puts it, the economy suffers when “more efforts go into ‘rent seeking’—getting a larger slice of the country’s economic pie—than into enlarging the size of the pie.”
  • The work of Piketty and his colleague Emmanuel Saez has been instrumental in documenting the rise of income inequality, not just in the US but around the world. Major economic institutions, like the IMF and the OECD, have published studies arguing that inequality, far from enhancing economic growth, actually damages it. And it’s now easy to find discussions of the subject in academic journals.
  • . After all, while pretax inequality is a problem in its own right, what’s most destructive is soaring posttax inequality. And it’s posttax inequality that most distinguishes the US from other developed countries
  • All this rent-seeking, Stiglitz argues, leaves certain industries, like finance and pharmaceuticals, and certain companies within those industries, with an outsized share of the rewards
  • within those companies, the rewards tend to be concentrated as well, thanks to what Stiglitz calls “abuses of corporate governance that lead CEOs to take a disproportionate share of corporate profits” (another form of rent-seeking)
  • This isn’t just bad in some abstract sense, Stiglitz suggests. It also hurts society and the economy
  • It alienates people from the system. And it makes the rich, who are obviously politically influential, less likely to support government investment in public goods (like education and infrastructure) because those goods have little impact on their lives.
  • More interestingly (and more contentiously), Stiglitz argues that inequality does serious damage to economic growth: the more unequal a country becomes, the slower it’s likely to grow. He argues that inequality hurts demand, because rich people consume less of their incomes. It leads to excessive debt, because people feel the need to borrow to make up for their stagnant incomes and keep up with the Joneses. And it promotes financial instability, as central banks try to make up for stagnant incomes by inflating bubbles, which eventually burst
  • exactly why inequality is bad for growth turns out to be hard to pin down—different studies often point to different culprits. And when you look at cross-country comparisons, it turns out to be difficult to prove that there’s a direct connection between inequality and the particular negative factors that Stiglitz cites
  • This doesn’t mean that, as conservative economists once insisted, inequality is good for economic growth. In fact, it’s clear that US-style inequality does not help economies grow faster, and that moving toward more equality will not do any damage
  • Similarly, Stiglitz’s relentless focus on rent-seeking as an explanation of just why the rich have gotten so much richer makes a messy, complicated problem simpler than it is
  • When we talk about the one percent, we’re talking about two groups of people above all: corporate executives and what are called “financial professionals” (these include people who work for banks and the like, but also money managers, financial advisers, and so on)
  • The emblematic figures here are corporate CEOs, whose pay rose 876 percent between 1978 and 2012, and hedge fund managers, some of whom now routinely earn billions of dollars a year
  • Shareholders, meanwhile, had fewer rights and were less active. Since then, we’ve seen a host of reforms that have given shareholders more power and made boards more diverse and independent. If CEO compensation were primarily the result of bad corporate governance, these changes should have had at least some effect. They haven’t. In fact, CEO pay has continued to rise at a brisk rate
  • So what’s really going on? Something much simpler: asset managers are just managing much more money than they used to, because there’s much more capital in the markets than there once was
  • that means that an asset manager today can get paid far better than an asset manager was twenty years ago, even without doing a better job.
  • there’s no convincing evidence that CEOs are any better, in relative terms, than they once were, and plenty of evidence that they are paid more than they need to be, in view of their performance. Similarly, asset managers haven’t gotten better at beating the market.
  • More important, probably, has been the rise of ideological assumptions about the indispensability of CEOs, and changes in social norms that made it seem like executives should take whatever they could get.
  • It actually has important consequences for thinking about how we can best deal with inequality. Strategies for reducing inequality can be generally put into two categories: those that try to improve the pretax distribution of income (this is sometimes called, clunkily, predistribution) and those that use taxes and transfers to change the post-tax distribution of income
  • he has high hopes that better rules, designed to curb rent-seeking, will have a meaningful impact on the pretax distribution of income. Among other things, he wants much tighter regulation of the financial sector
  • t it would be surprising if these rules did all that much to shrink the income of much of the one percent, precisely because improvements in corporate governance and asset managers’ transparency are likely to have a limited effect on CEO salaries and money managers’ compensation.
  • Most importantly, the financial industry is now a much bigger part of the US economy than it was in the 1970s, and for Stiglitz, finance profits are, in large part, the result of what he calls “predatory rent-seeking activities,” including the exploitation of uninformed borrowers and investors, the gaming of regulatory schemes, and the taking of risks for which financial institutions don’t bear the full cost (because the government will bail them out if things go wrong).
  • The redistributive policies Stiglitz advocates look pretty much like what you’d expect. On the tax front, he wants to raise taxes on the highest earners and on capital gains, institute a carbon tax and a financial transactions tax, and cut corporate subsidies
  • It’s also about investing. As he puts it, “If we spent more on education, health, and infrastructure, we would strengthen our economy, now and in the future.” So he wants more investment in schools, infrastructure, and basic research.
  • The core insight of Stiglitz’s research has been that, left on their own, markets are not perfect, and that smart policy can nudge them in better directions.
  • Of course, the political challenge in doing any of this (let alone all of it) is immense, in part because inequality makes it harder to fix inequality. And even for progressives, the very familiarity of the tax-and-transfer agenda may make it seem less appealing.
  • the policies that Stiglitz is calling for are, in their essence, not much different from the policies that shaped the US in the postwar era: high marginal tax rates on the rich and meaningful investment in public infrastructure, education, and technology. Yet there’s a reason people have never stopped pushing for those policies: they worked
Javier E

Championing Environment, Francis Takes Aim at Global Capitalism - The New York Times - 0 views

  • Francis’ embrace of the issue of climate change, and his broader critique of global capitalism, stem from his signature economic concern: eradicating poverty.
  • In the encyclical, Francis writes of “the intimate relationship between the poor and the fragility of the planet,” and says, “Both everyday experience and scientific research show that the gravest effects of all attacks on the environment are suffered by the poorest.”
  • He added, “As the effects of climate change worsen, we know that escaping poverty will become even more difficult.”
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  • “The pope’s ideas will be jarring to a modern reader at first. He says that people should not ascribe to the market magical qualities that can solve all problems.”
  • “Humanity is called to recognize the need for changes of lifestyle, production and consumption, in order to combat this warming or at least the human causes which produce or aggravate it,” the pope wrote. “At one extreme, we find those who doggedly uphold the myth of progress and tell us that ecological problems will solve themselves simply with the application of new technology and without any need for ethical considerations or deep change.”
  • “He’s rather brilliantly brought back a concept that has been lost for 30 years or so, since the beginning of the Reagan administration — he says profit-making can’t be the sole criteria for decision-making,
  • While the pope’s arguments against markets are likely to play poorly in Washington, they could play well in Latin American nations, especially Brazil. That nation, one of the world’s largest polluters, has a majority Roman Catholic population and has resisted devising an aggressive climate change policy, in part because of its struggles with poverty.
  • The pope said several times that developed economies owed a debt to poor nations. “A true ‘ecological debt’ exists, particularly between the global north and south, connected to commercial imbalances with effects on the environment, and the disproportionate use of natural resources by certain countries over long periods of time,”
Javier E

We Can't Teach Students to Love Reading - The Chronicle Review - The Chronicle of Highe... - 0 views

  • While virtually anyone who wants to do so can train his or her brain to the habits of long-form reading, in any given culture, few people will want to. And that's to be expected. Serious "deep attention" reading has always been and will always be a minority pursuit, a fact that has been obscured in the past half-century
  • From 1945 to 2000, or thereabouts, far more people than ever before in human history were expected to read, understand, appreciate, and even enjoy books. In 2005, Wendy Griswold, Terry McDonnell, and Nathan Wright, sociologists from Northwestern University, published a paper concluding that while there was a period in which extraordinarily many Americans practiced long-form reading, whether they liked it or not, that period was indeed extraordinary and not sustainable in the long run. "We are now seeing such reading return to its former social base: a self-perpetuating minority that we shall call the reading class."
  • much of the anxiety about American reading habits, and those in other developed nations to a lesser degree, arises from frustration at not being able to sustain a permanent expansion of "the reading class" beyond what may be its natural limits.
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  • The extreme reader, to coin a phrase, is a rare bird indeed. ("I have done what people do, my life makes a reasonable showing," Lynne Sharon Schwartz writes. "Can I go back to my books now?") Such people are born, not made, I think; or mostly born and only a little made.
  • It is more common to come across the person who has known the joys of reading but who can be distracted from them. But even those folks are a small percentage of the population.
  • American universities are largely populated by people who don't fit either of these categories—often really smart people for whom the prospect of several hours attending to words on pages (pages of a single text) is not attractive.
  • Steven Pinker once said that "Children are wired for sound, but print is an optional accessory that must be painstakingly bolted on." The key here is "painstakingly": There can be many pains, in multiple senses of the word, for all parties involved, and it cannot be surprising that many of the recipients of the bolting aren't overly appreciative, and that even those who are appreciative don't find the procedure notably pleasant.
  • the printing press ushered in an age of information overload. In the 17th century, one French scholar cried out, "We have reason to fear that the multitude of books which grows every day in a prodigious fashion will make the following centuries fall into a state as barbarous as that of the centuries that followed the fall of the Roman Empire." Such will be our fate "unless we try to prevent this danger by separating those books which we must throw out or leave in oblivion from those which one should save and within the latter between what is useful and what is not."
  • Rarely has education been about teaching children, adolescents, or young adults how to read lengthy and complicated texts with sustained, deep, appreciative attention—at least, not since the invention of the printing press. When books were scarce, the situation was different:
  • Bacon tells such worried folks that they can't read them all, and so should develop strategies of discernment that enable them to make wise decisions about how to invest their time. I think Bacon would have applauded Clay Shirky's comment that we suffer not from "information overload" but from "filter failure."
  • especially noteworthy is Bacon's acknowledgment that there is a place for what Katherine Hayles would call "hyper attention" as well as "deep attention." Some books don't need to be read with patience and care; at times it's OK, even necessary, to skim (merely to "taste" rather than to ruminate). And as Shreeharsh Kelkar, a graduate student at the Massachusetts Institute of Technology, has pointed out, "To be successful today, it not only becomes necessary to skim, but it becomes essential to skim well."
  • Except in those cultures in which books have been scarce, like Augustine's Roman North Africa, the aims of education have often focused, though rarely explicitly so, on the skills of skimming well. Peter Norvig says: "When the only information on the topic is a handful of essays or books, the best strategy is to read these works with total concentration. But when you have access to thousands of articles, blogs, videos, and people with expertise on the topic, a good strategy is to skim first to get an overview. Skimming and concentrating can and should coexist."
  • education, especially in its "liberal arts" embodiments, has been devoted to providing students with navigational tools—with enough knowledge to find their way through situations that they might confront later in life.
  • All this is to say that the idea that many teachers hold today, that one of the purposes of education is to teach students to love reading—or at least to appreciate and enjoy whole books—is largely alien to the history of education.
  • Rose's book is largely a celebration of autodidacticism, of people whose reading—and especially the reading of classic texts, from Homer to Dante to Shakespeare to the great Romantic poets—wasn't imposed on them by anyone, and who often had to overcome significant social obstacles in order to read. "The autodidacts' mission statement," Rose writes, was "to be more than passive consumers of literature, to be active thinkers and writers. Those who proclaimed that 'knowledge is power' meant that the only true education is self-education, and they often regarded the expansion of formal educational opportunities with suspicion."
  • Over the past 150 years, it has become increasingly difficult to extricate reading from academic expectations; but I believe that such extrication is necessary. Education is and should be primarily about intellectual navigation, about—I scruple not to say it—skimming well, and reading carefully for information in order to upload content. Slow and patient reading, by contrast, properly belongs to our leisure hours.
  • There is a kind of attentiveness proper to school, to purposeful learning of all kinds, but in general it is closer to "hyper attention" than to "deep attention." I would argue that even reading for information—reading textbooks and the like—does not require extended unbroken focus. It requires discipline but not raptness, I think: The crammer chains himself to the textbook because of time pressures, not because the book itself requires unbroken concentration. Given world enough and time, the harried student could read for a while, do something else, come back and refresh his memory, take another break ... but the reader of even the most intellectually demanding work of literary art would lose a great deal by following such tactics. No novel or play or long poem will offer its full rewards to someone who consumes it in small chunks and crumbs. The attention it demands is the deep kind.
  • for people like Erasmus (with his "cry of thankful joy" on spying a fragment of print) or Lynne Sharon Schwartz ("Can I get back to my books now?"), books are the natural and inevitable and permanent means of being absorbed in something other than the self.
  • But then there are the people Nicholas Carr writes about in The Shallows: What the Internet Is Doing to Our Brains, and Carr himself: people who know what it is like to be lost in a book, who value that experience, but who have misplaced it—who can't get back,
Javier E

Simon & Schuster to Sell Online Courses Taught by Popular Authors - NYTimes.com - 0 views

  • book sales have flagged. Simon & Schuster’s sales fell 11 percent in the third fiscal quarter of last year. Sales of digital content, which accounted for 28 percent of the company’s sales, were flat.
  • Simon & Schuster also recently announced plans to feature some of its authors on podcasts on Play.it, a new podcast network from CBS, the publisher’s parent company.
  • Simon & Schuster plans to release 12 to 15 more courses this year, and is focusing on writers who have established, dedicated fan bases and a well-defined philosophy or message to deliver. Eventually, the online courses, which are planned as stand-alone products rather than supplements to books, could include videos by entertainers and experts who have not yet published books.
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  • Authors will be able to set their own prices. Dr. Agus, whose course is titled “A Short Guide to A Long Life,” decided to make his classes cost the same as a typical co-pay for a doctor’s office visit: $25.
Javier E

Zephyr Teachout on Sheldon Silver, Corruption and New York Politics - NYTimes.com - 0 views

  • fighting the kind of corruption that plagues not only New York State but the whole nation isn’t just about getting cuffs on the right guy. As with the recent conviction of the former Virginia governor Bob McDonnell for receiving improper gifts and loans, a fixation on plain graft misses the more pernicious poison that has entered our system.
  • Corruption exists when institutions and officials charged with serving the public serve their own ends. Under current law, campaign contributions are illegal if there is an explicit quid pro quo, and legal if there isn’t. But legal campaign contributions can be as bad as bribes in creating obligations. The corruption that hides in plain sight is the real threat to our democracy.
  • The structure of private campaign finance has essentially pre-corrupted our politicians, so that they can’t even recognize explicit bribery because it feels the same as what they do every day. When you spend a lifetime serving campaign donors, it may seem easy to serve them when they come with an outright bribe, because it doesn’t seem that different.
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  • The former governor of New York David A. Paterson, for example, said that he had trouble understanding where the criminality lay in the allegation that Mr. Silver accepted payments from law firms for referrals, including referrals by a doctor to whom Mr. Silver funneled state health research funds. Mr. Paterson said, “in the legal profession, people refer business all the time. And theoretically, as a speaker, you could do that as well.”
  • In our private financing system, candidates are trained to respond to campaign cash and serve donors’ interests. Politicians are expected to spend half their time talking to funders and to keep them happy. Given this context, it’s not hard to see how a bribery charge can feel like a technical argument instead of a moral one.
  • We should take this moment to pursue fundamental reform. We must reconstitute what it means to run for office and to serve in office. We need to ban outside income for elected officials. Transparency alone is not enough; it doesn’t solve the problem of creating outside dependencies. New York lawmakers can’t carry water for two masters when in office.
  • We should reject the private financing of campaigns as the only model. We need to provide enough public funding for campaigns so that anyone with a broad base of support can run for office, and respond effectively to attacks, without becoming dependent on private patrons. Running for office shouldn’t be a job defined by permanent begging at the feet of the wealthiest donors in the country.
  • Corruption is about greed and private interests put ahead of the public good. Whether influence is bought through a bribe, outside spending, outside income or campaign contributions, the public suffers in the same way.
Javier E

Researchers Propose Earth's 'Anthropocene' Age of Humans Began With Fallout and Plastic... - 0 views

  • we’ve left the Holocene behind — that’s the geological epoch since the end of the last ice age — and entered “a post-Holocene…geological age of our own making,” now best known as the Anthropocene.
  • the Anthropocene Working Group (because of my early writings, I’m a lay member), has moved substantially from asking whether such a transition has occurred to deciding when.
  • 1950 as the starting point, indicated by a variety of markers, including the global spread of carbon isotopes from nuclear weapon detonations starting in 1945 and the mass production and disposal of plastics.
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  • There’s little predictability in how things will play out after this anthropogenic jolt, especially in the living world. [More on the “great acceleration” behind the jolt is here.]
  • That’s a very different sensation than, say, mourning the end of nature. It’s more a celebration, in a way — a deeper acceptance of our place on the planet, with all of our synthetic trappings, and our faults, as fundamentally natural.
  • on whether it’s possible to have a “good Anthropocene.” Kolbert’s Twitter post last spring nicely captured their view:
  • Taking full ownership of the Anthropocene won’t be easy. The necessary feeling is a queasy mix of excitement and unease. I’ve compared it to waking up in the first car on the first run of a new roller coaster that hasn’t been examined fully by engineers.
  • Once you begin to get the many feedbacks bouncing off each other and bouncing off the Earth system, it’s going to be very hard to follow what’s going to happen, particularly biologically…. One could not imagine, at the very end of the Cretaceous, the beginning of the Tertiary, that the mammals — these itty-bitty little squeaky furry things, would take over – effectively taking the position that the dinosaurs held for so long. All we can say is that, for sure, it will be different. We’re going down a different trouser leg of history.
  • in the broadest sense we have to embrace the characteristics, good and bad, that make humans such a rare thing — a species that has become a planet-scale force.
  • “The way I would like to see it is in, say, 100 years in the future the London Geological Society will look back and consider this period…a transition from the lesser Anthropocene to the greater Anthropocene.”
  • Fully integrating this awareness into our personal choices and societal norms and policies will take time. It is “the great work,” as Thomas Berry put it.
  • Technology alone will not do the trick. Another keystone to better meshing humanity’s infinite aspirations with life on a finite planet will be slowly shifting value systems from the foundation up
  • Edward O. Wilson’s “Biophilia” was a powerful look outward at the characteristics of the natural world that we inherently cherish.
  • Now we need a dose of what I’ve taken to calling anthropophilia, as well.
  • We have to accept ourselves, flaws and all, in order to move beyond what has been something of an unconscious, species-scale pubescent growth spurt, enabled by fossil fuels in place of testosterone.
  • We’re stuck with “The World With Us.” It’s time to grasp that uncomfortable, but ultimately hopeful, idea.
Javier E

Why Wall Streeters' Defections to Silicon Valley Are Good News for the Economy - NYTime... - 0 views

  • to the degree the finance sector attracts the best and brightest young people, it is funneling people away from making goods and services people use, and toward serving what is essentially a back office function for the entire economy. A very important back office function, to be sure, and one that requires very smart people to do well. But a back office function nonetheless, not unlike the legal industry or human resources department
  • the economists Stephen G. Cecchetti of Brandeis University and Enisse Kharroubi of the Bank for International Settlements have found clear evidence that an unusually large financial sector actually reduces the growth rate of an economy, rather than enhances it.
Javier E

A Wi-Fi Barbie Doll With the Soul of Siri - NYTimes.com - 0 views

  • A recent study conducted by researchers at Georgetown University, for instance, compared two groups of toddlers. One group played with plush toys that had been preprogrammed to say the child’s name, and to say that they had the same favorite food and song as the child; the other played with plush toys that called each child “Pal” and liked different things. When the same toy character on-screen presented math skills — like arranging cups in order of size — the first group of toddlers performed better than those who played with less-personalized plush toys
  • toys able to personalize their responses to children in real time could have an even greater effect on them.
  • Mr. Jacob hit upon the idea of developing conversational characters for children a few years ago after his daughter Toby, then 7, asked him if she could use Skype to talk to her stuffed animals. He had previously worked as the chief technology officer at Pixar Animation Studios. So he talked over the possibility with a former Pixar colleague, Martin Reddy. They decided to start ToyTalk.
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  • To develop a system that could both understand a child’s comments and say something engaging back, the company built its own platform to process spoken language — one tailored to the pitch of children’s voices, their prosody and vocabulary. Now, for instance, when a child says “totes jelly” to a ToyTalk app, the language processor understands the phrase actually means: “I’m totally jealous.
  • The company also spent months testing out jokes, songs, rhymes and questions on focus groups of children to develop conversational characters complete with their own biographies and story arcs. Mr. Jacob sees creating conversation trees for these characters as a new art form, neither film nor video game.
  • the Campaign for a Commercial-Free Childhood, an advocacy group in Boston, asked Mattel to shelve the talking doll. The group said the voice recordings amounted to “eavesdropping” and could be used to exploit the intimate feelings of children. “Whatever the child says will be manipulated and used to insinuate these dolls further into girls’ lives,” said Susan Linn, the group’s director.
  • Mattel said the company was “committed to safety and security” and that Hello Barbie’s technology included “a number of safeguards to ensure that stored data is secure and can’t be accessed by unauthorized users.”
  • If ToyTalk has any influence, however, Hello Barbie, rather than dooming children’s privacy, could just as well usher in a new era of interactive playthings where children can develop elaborate conversations with toys similar to the way Minecraft players build out entire landscapes.
  • Of course, society may not be ready for children en masse seeking illusory relationships with intelligent devices — even if they are just mimicking their parents
Javier E

Why Trump Now? - The New York Times - 0 views

  • The economic forces driving this year’s nomination contests have been at work for decades. Why did the dam break now?
  • The share of the gross national product going to labor as opposed to the share going to capital fell from 68.8 percent in 1970 to 60.7 percent by 2013
  • the number of manufacturing jobs dropped by 36 percent, from 19.3 million in 1979 to 12.3 million in 2015, while the population increased by 43 percent, from 225 million to 321 million.
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  • The postwar boom, when measured by the purchasing power of the average paycheck, continued into the early 1970s and then abruptly stoppe
  • Starting in 2000, two related developments added to worsening conditions for the middle and working classes.
  • that year marked the end of net upward mobility. Before 2000, the size of both the lower and middle classes had shrunk, while the percentage of households with inflation-adjusted incomes of $100,000 or more grew. Americans were moving up the ladder.
  • After 2000, the middle class continued to shrink, but so did the percentage of households making $100,000 or more. The only group to grow larger after 2000 was households with incomes of $35,000 or less. Americans were moving down the ladder.
  • The second adverse trend is that trade with China, which shot up after China’s entry into the World Trade Organization in December 2001, imposed far larger costs on American workers than most economists anticipated
  • If one had to project the impact of China’s momentous economic reform for the U.S. labor market with nothing to go on other than a standard undergraduate economics textbook, one would predict large movements of workers between U.S. tradable industries (say, from apparel and furniture to pharmaceuticals and jet aircraft), limited reallocation of jobs from tradables to non-tradables, and no net impacts on U.S. aggregate employment. The reality of adjustment to the China shock has been far different. Employment has certainly fallen in U.S. industries most exposed to import competition. But so too has overall employment in local labor markets in which these industries were concentrated. Offsetting employment gains either in export-oriented tradables or in non-tradables have, for the most part, failed to materialize.
  • High wage workers find it relatively easy to adjust and “do not experience an earnings loss,” argue Autor and his colleagues. Low wage workers, in contrast, “suffer large differential earnings loss, as they obtain lower earnings per year both while working at the initial firm and after relocating to new employers.”
  • The recipe for populism seems pretty clear: take a surge in manufacturing imports from China and continued automation in the US workplace and add a tepid macroeconomy. The result is a combustible stew sure to sour the stomach of party leaders nationwide.
  • The stew, to continue Hanson’s metaphor, began to boil over with the cataclysmic financial collapse in September 2008, which many people left and right felt was caused by reckless financial engineering on Wall Street. The collapse and the destruction it left in its wake was, without question, the most important economic and political event in recent years.
  • “It was the financial crisis, what it revealed about government-Wall Street links, and the fumbling of the response to it that put the nail in the coffin of trust in government,
  • , TARP insulated the very institutions and executives that caused the collapse and the disastrous recession that followed.
  • The widespread sense that all the elites in Washington and New York conspired to bail out the miscreants who caused the disaster and then gave them bonuses, while the rest of us lost our houses or saw their value, the biggest and often only asset of Americans, plummet, lost our jobs or saw them frozen and stagnant, and then saw gaping inequality grow even more, is just palpable.
  • On Jan. 10, 2010, the Supreme Court granted those in upper income brackets additional privileges in its Citizens United decision (buttressed by subsequent lower court rulings) that allowed wealthy individuals, corporations and unions to make unlimited political contributions. By opening the door to the creation of SuperPACs and giving Wall Street and other major financial sectors new ways to buy political outcomes, the courts gave the impression, to say the least, that they favored establishment interests over those of the less well off.
  • A Bloomberg poll last September found that 78 percent of voters would like to see Citizens United overturned, and this view held across a range of partisan loyalties: Republicans at 80 percent; Democrats at 83; and independents at 71.
  • . Obamacare, a program many in the white middle and working classes perceived as reducing their own medical care in order to provide health coverage to the disproportionately minority poor.
  • By the midterm elections of 2010, voter dissatisfaction among whites found expression in the Tea Party movement, which produced the sweeping defeat of Democrats in competitive congressional districts as well as of moderate and center-right Republicans in primary contests.Voter anger was directed at two targets — the “undeserving rich” and the “undeserving poor.”
  • To many of those who cast their ballots in anger in 2010 and 2014, however, it appeared that their votes had not changed anything. Obamacare stayed in place, Wall Street and corporate America grew richer, while the average worker was stuck going nowhere.
  • Already disillusioned with the Democratic Party, these white voters became convinced that the mainstream of the Republican Party had failed them, not only on economic issues, but on cultural matters as well.
  • A September 2015 Ispos survey asked voters if they agreed or disagreed with the statement “More and more, I don’t identify with what America has become.” 72 percent of surveyed Republicans concurred, compared to 58 percent of independents and 45 percent of Democrats. Two thirds of Republicans, 62 percent, agreed with the statement “These days I feel like a stranger in my own country,” compared to 53 percent of independents and 37 percent of Democrats. Here is one place where Trump’s scathing dismissal of political correctness found fertile ground.
  • If he prevails, a constituency that could force politicians to confront the problems of the working and middle class will waste its energies on a candidate incompetent to improve the lives of the credulous men and women lining up to support him.
  • the consequences of disillusionment with old guard Republicans:The intersection of inequality driven by real wage/income stagnation and the fact that the folks perceived to have blown the damn economy up not only recovered first, but got government assistance in the form of bailouts to do so. If you’re in the anxious middle and that doesn’t deeply piss you off, you’re an unusually forgiving person.
  • This election has demonstrated that there is no Republican Party organization, per se. The Republican Party exists as an array of allied groups, incumbent office holders, media organizations, and funding vehicles (e.g., SuperPACs, 501(c)(4)s, and the like). When people ask why the “establishment” or “the party” has not done anything to stop Trump, it is not exactly clear who they mean.
  • The tragedy of the 2016 campaign is that Trump has mobilized a constituency with legitimate grievances on a fool’s errand.If he is shoved out of the field somehow, his supporters will remain bitter and enraged, convinced that a self-serving and malign elite defeated their leader.
  • In these circumstances, Bernstein wrote, the logic supporting the traditional Republican Party fell apart:The core theme of Republican establishment lore has been to demonize not unregulated finance or trade or inequality, but ‘the other’ – e.g., the immigrant or minority taking your job and claiming unneeded government support. And yet, none of their trickle down, deregulatory agenda helped ameliorate the problem at all. So they lost control.
  • Missing in your narrative were 2 other factors that contributed to American anger and the turn to Mr. Trump. Those two factors are: the group of very wealthy American's who were convened by the Koch brothers to pool their resources to destroy President Obama and the Congressional Democrats and moderate Republicans, e.g. Senator Lugar.
  • were suffering from a major contraction and the drying up of credit & jobs and the President unwisely & wrongly appointed the Simpson-Bowles commission to rein in the debt. Remember Harvard's Rogoff & Reinhart who came up with that Debt to GDP ratio? And the rally of our elites & Pete Peterson et al that Deficits were the problem, when the truth, based on history, was just the opposite.
  • The 2nd factor which can also be attributed to the White House as well as Democrats in the Congress who joined Republicans in misdiagnosing the problem as deficits and debt.
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