Skip to main content

Home/ History Readings/ Group items tagged will

Rss Feed Group items tagged

horowitzza

There Never Was a Two-State Solution; It's Time to Move On | Jewish & Israel News Algem... - 0 views

  • The answer to the question of how to resolve the Israeli-Palestinian dispute has been to partition “Palestine” into two states. This assumes, however, that the parties only have a dispute over land; but that has never been the case. The conflict has always had political, religious, historical, geographical and psychological dimensions. The international community’s unwillingness to accept this reality has led to the continued fantasy that a two-state solution is possible.
  • The Palestinians have never been prepared to share any part of the land they claim as their own.
  • Jews have no place in the Islamic world — except as second-class citizens (dhimmis) under Muslim rule
  • ...45 more annotations...
  • it is time acknowledge that the two-state idea, as presently conceived, is dead.
  • Today, there is little enthusiasm for territorial concessions to the Palestinians. Even those who believe that Israel should withdraw from the West Bank do not believe that it can be done so long as there is no evidence the Palestinians are interested in peace.
  • For some time, I believed that the Palestinian people wanted peace but were denied the opportunity by their leaders. But decades of incitement and educational brainwashing regarding the evils of Jews and Israel have had an impact, and now poll after poll has found opposition to peace among Palestinians
  • radical Muslims will not rest until the descendants of apes and pigs are driven from holy Islamic soil
  • the same week John Kerry was extolling the virtues of the two-state solution and skewering Israel for allegedly creating obstacles to peace through settlement construction, the ruling Fatah party celebrated the 20 most outstanding terrorist operations of all time
  • Why Kerry or anyone else would expect Israelis to make concessions to people who commemorate the murder of Jews is a psychiatric rather than a political question.
  • One problem is that the Palestinians will continue their delegitimization campaign aimed at turning Israel into a pariah, and convincing the international community to dismantle the Jewish State.
  • Another concern with the status quo is that Palestinian terrorism fueled by hopelessness, incitement and radical Islam.
  • Put simply, the majority of Palestinians have no interest in peace with Israel under any circumstances. This view is reinforced daily by their leaders’ pronouncements, the incessant terror and incitement, and an education system that teaches intolerance, denies the Jewish connection to the land of Israel and extols the virtue of martyrdom.
  • Even when Israel agreed to Obama’s demand for a 10-month settlement freeze and the Palestinians responded by refusing to negotiate, Obama did not change his view. I’m not sure whether to call that naiveté or just stupidity
  • Today’s Palestinians are no more interested in compromise than their predecessors. As the poll data above indicates, the only acceptable solution is to have one state called Palestine that encompasses the West Bank, Gaza and what is currently known as Israel.
  • A wholesale change in attitudes and leadership will have to occur if there is to be any prospect of negotiating a peace agreement. Even then, it is difficult to imagine a reversal of the Islamization of the conflict — and there can be no compromise with jihadists.
  • Despite the ease with which it is possible to prove that settlements are not the obstacle to peace (e.g., did the Arabs agree to peace during the 19 years Jordan occupied the West Bank and Egypt occupied Gaza and not a single Jewish settlement existed?), President Obama never figured this out; but he is not alone. The obsession with settlements will not go away.
  • For the last eight years, the Palestinians have refused to negotiate altogether, and their position has not changed in 80 years
  • , his failure to learn anything in eight years was apparent in his last minute UN tantrum
  • the incoming Trump officials seem to understand reality and are prepared to act accordingly by rejecting the specious notion that settlements, rather than Palestinian implacability, are the obstacle to peace.
  • Israel has evacuated approximately 94% of the territory it captured in 1967, which, it could be argued, has already satisfied UN Security Council Resolution 242’s expectation that Israel withdraw from territory
  • Most people, including all Arab leaders, ignore that resolution 242 also required that the Arab states guarantee the peace and security of Israel in exchange for withdrawal
  • ank and 100% of Gaza, and this did not bring peace; it brought more terror and should have forever buried the myth that if Israel cedes land, it will receive peace in return
  • If a Palestinian Zionist emerges tomorrow, it will still be risky for Israel to make a deal because 5, 10, or 20 years down the road, a radical Islamist or other hostile leader may emerge.
  • Advocates of the two-state solution on the Israeli side talk about a demilitarized Palestinian state, but this is not acceptable to the Palestinians because it would be a significant limitation on their sovereignty. This is another reason why the “solution” is flawed.
  • While the international community insists the settlements are an obstacle to peace, they actually can serve as a catalyst for peace.
  • to defeat the Palestinians Israel would have to apply the Powell Doctrine, which says that “every resource and tool should be used to achieve decisive force against the enemy…and ending the conflict quickly by forcing the weaker force to capitulate.”
  • Israel would have to be prepared to kill every terrorist with little regard for collateral damage; the Air Force would have to bomb refugee camps and other targets that would result in thousands of casualties rather than hundreds.
  • The United States did not flinch from killing tens of thousands of Iraqis to defeat Saddam Hussein and is unapologetic when bystanders are killed in drone strikes (never mind examples such as the Allied bombing of Dresden or the US use of the atomic bomb). Israel would have to be equally callous to “defeat” the Palestinians.
  • Israel has been unwilling to follow Powell’s guidance because the public would see the action as disproportionate and immoral, the international community would condemn Israel and the United States would force Israel to cease military operations before total victory out of moral indignation and fear of Arab/Muslim reaction.
  • Israel has learned the hard way in battles with the Palestinians and Hezbollah that it does not have the same freedom as a superpower to use decisive force, and therefore cannot militarily defeat the Palestinians.
  • The reason that none of these men annexed the West Bank is well known: Israel cannot remain a democratic, Jewish state if it assimilates 2.7 million Palestinians
  • Meanwhile, the Jewish birthrate has increased, Aliyah will accelerate as global antisemitism worsens and the Palestinians will not become a majority in Greater Israel
  • Hamas is also allied with the Muslim Brotherhood, and this would strengthen the Islamist threat to the government, which would not be in Israel’s interest.
  • “The Palestinians now realize,” Bethlehem Mayor Elias Freij said in 1991, “that time is now on the side of Israel, which can build settlements and create facts, and that the only way out of this dilemma is face-to-face negotiations.”
  • The Palestinians continued to talk until President Obama took office, and gave them the false impression that he would force Israel to stop building settlements without their having to make any concessions in return
  • Obama’s refusal to veto the latest Security Council Resolution calling settlements illegal and labeling Judaism’s holiest places in Jerusalem “occupied territory” kept Abbas’ strategy in play, but the election of Donald Trump should derail this approach for at least the next four years.
  • the Palestinians will not accept any compromise that involves coexisting with a Jewish state
  • The current leadership will remain obstinate and continue to seek international help in destroying Israel.
  • President Trump can make an important contribution to disabusing the Palestinians of the idea that Israel can be forced to capitulate to their demands by fulfilling the promise to recognize Jerusalem as Israel’s capital and moving the US embassy.
  • This would send a clear message that the Palestinians have no legitimate claim to the city and will never have a capital in Eastern Jerusalem.
  • To further hammer home the point that Jerusalem will not be divided, Israel should complete the long-delayed E1 project to connect Ma’ale Adumim with the capital.
  • The aim of this step would be to force the world to accept the reality that Israel will never relinquish these areas, and to increase pressure on the Palestinians to negotiate.
  • If the Palestinians refuse to talk or recognize the right of the Jewish people to self-determination in their homeland, Israel should formally annex the Jordan Valley
  • The world may blame Israel for the growth of settlements, but the real culprits are Yasser Arafat and Mahmoud Abbas.
  • Settlements have grown because of Palestinian rejectionism — and the situation will only get worse for them.
  • Ironically, the Palestinians could have two states instead of the one foreseen by proponents of the two-state solution. In the unlikely event of Palestinian reconciliation, a corridor could be created between Gaza and the West Bank as envisioned in the Clinton parameters.
  • Unless Palestinians radically change their attitudes, they will reject any proposal that requires coexisting with Israel. This will leave them with a shrunken Palestinian state with limited power and the possibility for a larger state permanently closed off.
  • It may be difficult to accomplish in the next four years, but Israel’s best chance of achieving this “solution” is to take advantage of having a friend in the White House.
Javier E

Will You Lose Your Job to a Robot? Silicon Valley Is Split - NYTimes.com - 0 views

  • The question for Silicon Valley is whether we’re heading toward a robot-led coup or a leisure-filled utopia.
  • nterviews with 2,551 people who make, research and analyze new technology. Most agreed that robotics and artificial intelligence would transform daily life by 2025, but respondents were almost evenly split about what that might mean for the economy and employment.
  • techno-optimists. They believe that even though machines will displace many jobs in a decade, technology and human ingenuity will produce many more, as happened after the agricultural and industrial revolutions. The meaning of “job” might change, too, if people find themselves with hours of free time because the mundane tasks that fill our days are automated.
  • ...8 more annotations...
  • The other half agree that some jobs will disappear, but they are not convinced that new ones will take their place, even for some highly skilled workers. They fear a future of widespread unemployment, deep inequality and violent uprisings — particularly if policy makers and educational institutions don’t step in.
  • We’re going to have to come to grips with a long-term employment crisis and the fact that — strictly from an economic point of view, not a moral point of view — there are more and more ‘surplus humans.'  ”
  • “The degree of integration of A.I. into daily life will depend very much, as it does now, on wealth. The people whose personal digital devices are day-trading for them, and doing the grocery shopping and sending greeting cards on their behalf, are people who are living a different life than those who are worried about missing a day at one of their three jobs due to being sick, and losing the job and being unable to feed their children.”
  • “Only the best-educated humans will compete with machines. And education systems in the U.S. and much of the rest of the world are still sitting students in rows and columns, teaching them to keep quiet and memorize what is told to them, preparing them for life in a 20th century factory.”
  • “We hardly dwell on the fact that someone trying to pick a career path that is not likely to be automated will have a very hard time making that choice. X-ray technician? Outsourced already, and automation in progress. The race between automation and human work is won by automation.”
  • “Robotic sex partners will be commonplace. … The central question of 2025 will be: What are people for in a world that does not need their labor, and where only a minority are needed to guide the ‘bot-based economy?'  ”
  • “Employment will be mostly very skilled labor — and even those jobs will be continuously whittled away by increasingly sophisticated machines. Live, human salespeople, nurses, doctors, actors will be symbols of luxury, the silk of human interaction as opposed to the polyester of simulated human contact.”
  • The biggest exception will be jobs that depend upon empathy as a core capacity — schoolteacher, personal service worker, nurse. These jobs are often those traditionally performed by women. One of the bigger social questions of the mid-late 2020s will be the role of men in this world.”
Javier E

After Federalist No. 10 | National Affairs - 0 views

  • Federalist No. 10 pertains to the orientation of personal appetites toward public ends, which include both the common good and private rights. The essay recognizes that these appetites cannot be conquered, but they can be conditioned.
  • Madison's solution to the problem of faction — a solution he confines to the four corners of majority rule — is to place majorities in circumstances that encourage deliberation and thus defuse passion.
  • this solution does not depend on any specific constitutional mechanism:
  • ...50 more annotations...
  • Any republic deployed across an extended territory should be relatively free of faction, at least in the aggregate.
  • Yet Madison's solution depends on certain assumptions. Federalist No. 10 assumes politics will occur at a leisurely pace. The regime Madison foresees is relatively passive, not an active manipulator of economic arrangements. And he is able to take for granted a reasonably broad consensus as to the existence if not the content of the public good.
  • These assumptions are now collapsing under the weight of positive government and the velocity of our political life.
  • Given the centrality of Federalist No. 10 to the American constitutional canon, this collapse demands a reckoning. If a pillar of our order is crumbling, something must replace it.
  • That challenge may call for a greater emphasis on the sources of civic virtue and on the means of sustaining it.
  • The possibility that virtue might be coded into the essay is evident at its most elemental level: Federalist No. 10's definition of a faction as a group "united and actuated by some common impulse of passion, or of interest, adverse to the rights of other citizens, or to the permanent and aggregate interests of the community."
  • this definition hinges on an objective understanding of the public good; one cannot comprehend Madison from the perspective of contemporary relativism.
  • Its reader must be committed to a normative concept of the good and occupy a polity in which it is possible for such a concept to be broadly shared.
  • [T]hose who do not believe in an objective moral order cannot 'enter' Madison's system." Thus, belief in such an order, even amid disputes as to its content, constitutes a first unstated assumption of Federalist No. 10.
  • Madison presents a series of choices, repeatedly eliminating one, then bifurcating the other in turn, and eliminating again until he arrives at his solution. One can remove the causes of factions or control their effects. The causes cannot be removed because the propensity to disagree is "sown in the nature of man," arising particularly from the fact that man is "fallible" and his "opinions and his passions...have a reciprocal influence on each other."
  • Precisely because this influence arises from the link between "reason" and "self-love," the latter of which distorts the former, property accounts for "the most common and durable source of factions," the key being its durability.
  • Whereas David Hume's analysis of parties said that those based on self-interest were the most excusable while those based on passions were the most dangerous, Madison warns of the reverse. Those rooted in emotion — including "an attachment to different leaders ambitiously contending for pre-eminence and power" — are the least worrisome precisely because they are based on passions, which Madison believes to be transient.
  • A second assumption of Federalist No. 10 is consequently that irrational passions, which Madison understands to be those not based on interest, are inherently unsustainable and thus are naturally fleeting.
  • Having dismissed minority factions, Madison turns his attention to abusive majorities.
  • if a group is impelled by ill motives, the intrinsic conditions of an extended republic will make it difficult for it to become a majority.
  • A third assumption, then, is that both geographic and constitutional distance will permit the passions to dissipate before their translation into policy.
  • Finally, Madison cautions Jefferson in correspondence about a month before Federalist No. 10's publication that the extended-republic theory "can only hold within a sphere of a mean extent. As in too small a sphere oppressive combinations may be too easily formed agst. the weaker party; so in too extensive a one, a defensive concert may be rendered too difficult against the oppression of those entrusted with the administration."
  • To recapitulate, the assumptions are as follows: The people will share a belief in the existence of an objective moral order, even if they dispute its content; passions, especially when they pertain to attachments or aversions to political leaders, will be unsustainable; government will not dictate the distribution of small economic advantages; geographic and constitutional distance will operate to dissipate passions; and, finally, the territory will not be so large that public opinion cannot form.
  • none of them stands in a form that would be recognizable to Madison today.
  • ASSUMPTIONS UNDONE
  • It is almost universally acknowledged that moral relativism is ascendant in contemporary American society.
  • The question, rather, is whether the foundational assumptions of Federalist No. 10 can withstand the pressure of contemporary communications technology. There is reason to believe they cannot.
  • There is a balance to be struck: Communication is useful insofar as it makes the "mean extent" that was Madison's final assumption larger by enabling the formation of a "defensive concert" through the cultivation of public consensus against an abusive regime. But on Madison's account, the returns on rapid communication should diminish beyond this point because there will be no space in which passions can calm before impulse and decision converge.
  • what is clear is that there are enough opinions dividing the country that any project attempting to form a coherent public will seems doomed.
  • The Madisonian impulse is to look first for institutional solutions that can discipline interest groups. Constitutional mechanisms like judicial review, then, might be used to inhibit factions. But judicial review can be done well or poorly.
  • The empirical conditions not merely of an extensive republic but of 18th-century reality aided in Madison's effort. The deliberate pace of communication did not require an institutional midwife. It was a fact of life. It need hardly be said that, 230 years after the essay's November 1787 publication, this condition no longer obtains. The question is what replaces it.
  • The answer is that the converse of each assumption on which Federalist No. 10 relies is a restraining virtue.
  • If Federalist No. 10 assumes at least consensus as to the existence of an objective morality, pure moral relativism must be challenged.
  • If the immediate translation of preferences into policy is possible but detrimental, patience must intervene. I
  • If technology has erased the constitutional distance between officeholders and constituents, self-restraint and deference may be required.
  • If it has also shrunk attention spans to 140 characters, an ethic of public spiritedness will have to expand them.
  • What unites these is civic virtue, and thus the American regime must now get serious about its recovery
  • He wrote in Federalist No. 55: As there is a degree of depravity in mankind which requires a certain degree of circumspection and distrust, so there are other qualities in human nature which justify a certain portion of esteem and confidence. Republican government presupposes the existence of these qualities in a higher degree than any other form. Were the pictures which have been drawn by the political jealousy of some among us faithful likenesses of the human character, the inference would be that there is not sufficient virtue among men for self-government; and that nothing less than the chains of despotism can restrain them from destroying and devouring one another.
  • At Virginia's ratifying convention, similarly, Madison noted the propensity to assume either the worst or the best from politicians. He replied:
  • But I go on this great republican principle, that the people will have virtue and intelligence to select men of virtue and wisdom. Is there no virtue among us? If there be not, we are in a wretched situation. No theoretical checks — no form of government can render us secure. To suppose that any form of government will secure liberty or happiness without any virtue in the people, is a chimerical idea.
  • Still, the traditional means of inculcating virtue — the family and institutions such as local schools — are themselves under pressure or subject to political capture.
  • A national effort to instill civic virtue would almost certainly careen into the kind of politicization that has been witnessed in Education Department history standards and the like.
  • Consequently, subsidiarity, the diffusion of authority to the most local possible level, would be vital to any effective effort to revive civic virtue. That is, it could not be uniform or imposed from on high. Political leaders could help in cultivating an awareness of its necessity, but not in dictating its precise terms.
  • The first part of this combination is moral virtue, which the ethic of subsidiarity teaches is likelier to come from the home than from school, and from life lessons than from textbooks.
  • Students as early as elementary school routinely learn the virtues of the Bill of Rights, in part because it is shorter and simpler to teach than the main body of the Constitution.
  • The success of civic education is nowhere clearer than in the arguably distorting effect it has had in provoking what Mary Ann Glendon calls "rights talk," the substitution of assertions of rights for persuasive argumentation about politics
  • Of these virtues, patience will surely be the hardest to restore. This is, to be clear, patience not as a private but rather as a civic virtue.
  • It asks that they consider issues in dimensions deeper than a tweet or, more precisely, that they demand that those they elect do so and thus do not expect their passions to be regularly fed.
  • Perhaps the best that can be achieved here is refusing to allow the positive state to reach further into the minutiae of economic life, generating more spaces for minority factions to hide
  • As any reader of Lincoln's Temperance Address knows, neither heroic self-restraint nor clobbering, moralistic education will succeed in inculcating such virtues as patience and moderation. A combined educational program is necessary, and politics in any modern sense can only account for part of it.
  • civic education can achieve constitutional ends. Of course, rights as contemporarily understood are entitlements; they supply us with something. Civic virtue, by contrast, demands something of us, and as such presents a more substantial political challenge.
  • The second is a shift in civic education from the entitlement mentality of the Bill of Rights to the constitutional architecture of the overall regime, with the latter engendering an appreciation of the cadences and distances at which it is intended to function and the limited objects it is intended to attain.
  • While Madison's "mean extent" for a republic has, in the modern United States, far exceeded the scope possible for forming a public will with respect to most particular issues, it may still be possible to form a coherent if thin understanding of the regime and, consequently, a defensive concert to safeguard it.
  • a recognition that virtue is more necessary now than it used to be — when empirical conditions imposed patience and distance — does not rely on virtue in any blind or total sense. It does not, for example, seek to replace the institutional mechanisms Madison elucidates elsewhere with virtue. It simply recognizes that the particular assumptions of Federalist No. 10 no longer operate without added assistance. In other words, as Daniel Mahoney has argued, we must theorize the virtue that the founders could presuppose.
  • The issue, then, is not that civic virtue is all that is important to the Madisonian system; it is that civic virtue is more important than it used to be for one pillar of that system.
Javier E

The great artificial intelligence duopoly - The Washington Post - 0 views

  • The AI revolution will have two engines — China and the United States — pushing its progress swiftly forward. It is unlike any previous technological revolution that emerged from a singular cultural setting. Having two engines will further accelerate the pace of technology.
  • WorldPost: In your book, you talk about the “data gap” between these two engines. What do you mean by that? Lee: Data is the raw material on which AI runs. It is like the role of oil in powering an industrial economy. As an AI algorithm is fed more examples of the phenomenon you want the algorithm to understand, it gains greater and greater accuracy. The more faces you show a facial recognition algorithm, the fewer mistakes it will make in recognizing your face
  • All data is not the same, however. China and the United States have different strengths when it comes to data. The gap emerges when you consider the breadth, quality and depth of the data. Breadth means the number of users, the population whose actions are captured in data. Quality means how well-structured and well-labeled the data is. Depth means how many different data points are generated about the activities of each user.
  • ...15 more annotations...
  • Chinese and American companies are on relatively even footing when it comes to breadth. Though American Internet companies have a smaller domestic user base than China, which has over a billion users on 4G devices, the best American companies can also draw in users from around the globe, bringing their total user base to over a billion.
  • when it comes to depth of data, China has the upper hand. Chinese Internet users channel a much larger portion of their daily activities, transactions and interactions through their smartphones. They use their smartphones for managing their daily lives, from buying groceries at the market to paying their utility bills, booking train or bus tickets and to take out loans, among other things.
  • Weaving together data from mobile payments, public services, financial management and shared mobility gives Chinese companies a deep and more multi-dimensional picture of their users. That allows their AI algorithms to precisely tailor product offerings to each individual. In the current age of AI implementation, this will likely lead to a substantial acceleration and deepening of AI’s impact across China’s economy. That is where the “data gap” appears
  • The radically different business model in China, married to Chinese user habits, creates indigenous branding and monetization strategies as well as an entirely alternative infrastructure for apps and content. It is therefore very difficult, if not impossible, for any American company to try to enter China’s market or vice versa
  • companies in both countries are pursuing their own form of international expansion. The United States uses a “full platform” approach — all Google, all Facebook. Essentially Australia, North America and Europe completely accept the American methodology. That technical empire is likely to continue.
  • The Chinese have realized that the U.S. empire is too difficult to penetrate, so they are looking elsewhere. They are trying, and generally succeeding, in Southeast Asia, the Middle East and Africa. Those regions and countries have not been a focus of U.S. tech, so their products are not built with the cultures of those countries in mind. And since their demographics are closer to China’s — lower income and lots of people, including youth — the Chinese products are a better fit.
  • If you were to draw a map a decade from now, you would see China’s tech zone — built not on ownership but partnerships — stretching across Southeast Asia, Indonesia, Africa and to some extent South America. The U.S. zone would entail North America, Australia and Europe. Over time, the “parallel universes” already extant in the United States and China will grow to cover the whole world.
  • Policy-wise, we are seeing three approaches. The Chinese have unleashed entrepreneurs with a utilitarian passion to commercialize technology. The Americans are similarly pro-entrepreneur, but the government takes a laissez-faire attitude and the entrepreneurs carry out more moonshots. And Europe is more consumer-oriented, trying to give ownership and control of data back to the individual.
  • An AI arms race would be a grave mistake. The AI boom is more akin to the spread of electricity in the early Industrial Revolution than nuclear weapons during the Cold War. Those who take the arms-race view are more interested in political posturing than the flourishing of humanity. The value of AI as an omni-use technology rests in its creative, not destructive, potential.
  • In a way, having parallel universes should diminish conflict. They can coexist while each can learn from the other. It is not a zero-sum game of winners and losers.
  • We will see a massive migration from one kind of employment to another, not unlike during the transition from agriculture to manufacturing. It will largely be the lower-wage jobs in routine work that will be eliminated, while the ultra-rich will stand to make a lot of money from AI. Social inequality will thus widen.
  • The jobs that AI cannot do are those of creators, or what I call “empathetic jobs” in services, which will be the largest category that can absorb those displaced from routine jobs. Many jobs will become available in this sector, from teaching to elderly care and nursing. A great effort must be made not only to increase the number of those jobs and create a career path for them but to increase their social status, which also means increasing the pay of these jobs.
  • There are also issues related to poorer countries who have relied on either following the old China model of low-wage manufacturing jobs or of India’s call centers. AI will replace those jobs that were created by outsourcing from the West. They will be the first to go in the next 10 years. So, underdeveloped countries will also have to look to jobs for creators and in services.
  • I am opposed to the idea of universal basic income because it provides money both to those who don’t need it as well as those who do. And it doesn’t stimulate people’s desire to work. It puts them into a kind of “useless class” category with the terrible consequence of a resentful class without dignity or status.
  • To reinvigorate people’s desire to work with dignity, some subsidy can help offset the costs of critical needs that only humans can provide. That would be a much better use of the distribution of income than giving it to every person whether they need it or not. A far better idea would be for workers of the future to have an equity share in owning the robots — universal basic capital instead of universal basic income.
Javier E

The President Is Trapped - The Atlantic - 0 views

  • or his entire adult life, and for his entire presidency, Donald Trump has created his own alternate reality, complete with his own alternate set of facts. He has shown himself to be erratic, impulsive, narcissistic, vindictive, cruel, mendacious, and devoid of empathy. None of that is new.
  • But we’re now entering the most dangerous phase of the Trump presidency. The pain and hardship that the United States is only beginning to experience stem from a crisis that the president is utterly unsuited to deal with, either intellectually or temperamentally.
  • The coronavirus pandemic has created the conditions that can catalyze a destructive set of responses from an individual with Trump’s characterological defects and disordered personality.
  • ...21 more annotations...
  • we have enough information to know this virus is rapidly transmissible and lethal.
  • The qualities we most need in a president during this crisis are calmness, wisdom, and reassurance; a command of the facts and the ability to communicate them well; and the capacity to think about the medium and long term while carefully weighing competing options and conflicting needs
  • We need a leader who can persuade the public to act in ways that are difficult but necessary, who can focus like a laser beam on a problem for a sustained period of time, and who will listen to—and, when necessary, defer to—experts who know far more than he does.
  • We need a president who can draw the nation together rather than drive it apart, who excels at the intricate work of governing, and who works well with elected officials at every level. We need a chief executive whose judgment is not just sound, but exceptional.
  • There are some 325 million people in America, and it’s hard to think of more than a handful who are more lacking in these qualities than Donald Trump.
  • This president does not have the capacity to listen to, synthesize, and internalize information that does not immediately serve his greatest needs: praise, fealty, adoration.
  • Let’s start with what we know
  • Someone with Trump’s psychological makeup, when faced with facts and events that are unpleasant, that he perceives as a threat to his self-image and public standing, simply denies them.
  • After a few days in which he was willing to acknowledge the scope and scale of this crisis—he declared himself a “wartime president”—he has now regressed to type, once again becoming a fountain of misinformation
  • As one person who consults with the Trump White House on the coronavirus response put it to me, “He has chosen to imagine the worst is behind us when the worst is clearly ahead of us.”
  • a former White House adviser who has worked on past pandemics told me, “This fool will bring the death of thousands needlessly. We have mobilized as a country to shut things down for a time, despite the difficulty. We can work our way back to a semblance of normality if we hold out and let the health system make it through the worst of it.” He added, “But now our own president is undoing all that work and preaching recklessness. Rather than lead us in taking on a difficult challenge, he is dragging us toward failure and suffering. Beyond belief.”
  • The thing to understand about Donald Trump is that putting others before self is not something he can do, even temporarily. His attempts to convey facts that don’t serve his perceived self-interest or to express empathy are forced, scripted, and always short-lived, since such reactions are alien to him.
  • the coronavirus pandemic may lead to a rapid and even more worrisome psychological and emotional deterioration in the commander in chief.
  • “He finds it intolerable when those things are missing,” a clinical psychologist told me. “Praise, applause, and accolades seem to calm him and boost his confidence. There’s no room for that now, and so he’s growing irritable and needing to create some way to get some positive attention.”
  • Trump’s success as a politician has been built on his ability to impose his will and narrative on others, to use his experience on a reality-television show and his skill as a con man to shape public impressions in his favor, even—or perhaps, especially—if those impressions are at odds with reality.
  • Spin and lies about COVID-19, including that it will soon magically disappear, as Trump claimed it would, don’t work. In fact, they have the opposite effect. Misinformation will cause the virus to increase its deadly spread.
  • So as the crisis deepens—as the body count increases, hospitals are overwhelmed, and the economy contracts, perhaps dramatically—it’s reasonable to assume that the president will reach for the tools he has used throughout his life: duplicity and denial.
  • What happens if the tricks that have allowed him to walk away from scandal after scandal don’t work quite so well, if the doors of escape are bolted shut, and if it dawns on even some of his supporters—people who will watch family members, friends, and neighbors contract the disease, some number of whom will die—that no matter what Trump says, he can’t alter this epidemiological reality?
  • As the health-care and economic crises worsen, Trump’s hallmarks will be even more fully on display. The president will create new scapegoats
  • He will try to create an alternate story to distract people from an inconvenient truth—but in this case, the public is too afraid, the story is too big, and the carnage will be too great to be distracted from it.
  • America will make it to the other side of this crisis, as it has after every other crisis. But the struggle will be a good deal harder, and the human cost a good deal higher, because we elected as president a man who is so damaged and so broken in so many ways.
Javier E

A Revolution Is Coming for China's Families - WSJ - 0 views

  • In January Beijing announced that the country’s total population shrank in 2022—a decade earlier than Western demographers had been forecasting as recently as 2019.
  • one rapidly approaching demographic problem has flown under Beijing’s radar: the crisis of the Chinese family, the foundation of Chinese society and civilization.
  • The Chinese family is about to undergo a radical and historically unprecedented transition. Extended kinship networks will atrophy nationwide, and the widespread experience of close blood relatives will disappear altogether for many
  • ...24 more annotations...
  • This is a delayed but inescapable consequence of China’s birth trends from the era of the notorious one-child policy (1980-2015)
  • Beijing thus far has ignored this looming crisis because planners don’t prepare for things they don’t track. Officials don’t regard data on the family as relevant to statecraft or security. So statistics tally males and females—not uncles, sisters, cousins, widows.
  • We estimate past patterns and project trends through demographic modeling—simulations replicating China’s available population numbers—while “building” family trees consistent with those figures. We can approximate nationwide changes in China’s extended family networks in the past with reasonable validity and describe what lies ahead with fair confidence.
  • we are only now living through the era of “peak kin” in China. In terms of sheer numbers, Chinese networks of blood relatives were never nearly as thick as at the start of the 21st century.
  • Because of dramatic postwar improvements in health and mortality, men and women in their 40s today have on average five times as many living cousins as in 1960.
  • China’s “kin explosion” may be an important, heretofore unobserved factor in China’s remarkable economic performance since Mao Zedong’s death in 1976.
  • China is now on the cusp of a severe and unavoidable “kin crash,” driven by prolonged subreplacement fertility
  • China’s rising generations will likely have fewer living relatives than ever before in Chinese history.
  • A “kin famine” will thus unfold unforgivingly over the next 30 years—starting now. As it intensifies, the Chinese family—the most important institution protecting Chinese people against adversity in bad times and helping them seize opportunity in good times—will increasingly falter in both these crucial functions.
  • China’s withering of the family is set to collide with a tsunami of new social need from the country’s huge elderly population, whose ranks will more than double between 2020 and 2050
  • By 2050 living parents and in-laws will outnumber children for middle-aged Chinese men and women. Thus exigency may overturn basic familial arrangements that have long been taken for granted. The focus of the family in China will necessarily turn from the rearing of the young to the care of the old.
  • The reliability and durability of familial bonds of duty will be an increasingly critical question—perhaps even a matter of life and death for many, including frail and impecunious elders in the Chinese hinterlands
  • growing numbers of men in decades ahead will enter old age without spouses or children—the traditional sources of support for the elderly.
  • by 2050, 18% of China’s men in their 60s will have no living descendants, twice the fraction today.
  • who will look after these unfortunates?
  • Still worse than the macroeconomic implications of old-age dependency may be the effect of China’s family crisis on the so-called micro-foundations of the national economy—the little things that make markets work.
  • Since earliest recorded history, China’s guanxi networks, a distinctive form of special relationships and professional connections, have helped get business done by reducing uncertainty and transaction costs. The proliferation of blood relatives was likely a powerful stimulant for growth during the era of China’s phenomenal upswing.
  • the kin dearth may prove an economic depressant well beyond what current “head count” projections suggest.
  • China’s coming family revolution could easily conduce to a rise in personal risk aversion. Risk aversion may in turn dampen mobility, including migration.
  • Less migration means less urbanization, which means less growth—and possibly still more pessimism and risk aversion.
  • If the waning of the family requires China to build a huge social welfare state over the coming generation, as we surmise it will, Beijing would have that much less wherewithal for influencing events abroad through economic diplomacy and defense policy.
  • by 2050 at least half of China’s overall pool of male military-age manpower will be made up of only children. Any encounter by China’s security forces involving significant loss of life will presage lineage extinction for many Chinese families.
  • Autocracies are typically tolerant of casualties—but maybe not in the only-child China of today and the decades ahead.
  • Failure to contemplate the implications of the coming changes in Chinese family structure could prove a costly blind spot for the Communist Party. Blind spots expose governments to the risk of strategic surprise. The consequences of social, economic and political risks tend to be greatest when states aren’t prepared for them.
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.
  • ...15 more annotations...
  • 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

Larry Summers and Glenn Hubbard Square Off on Our Economic Future - NYTimes.com - 0 views

  • Even these two, with such similar training and moderate impulses, are remarkably far apart on basic questions
  • Hubbard argues that the imperative of the moment — our 3-point shot — is rolling back federal benefits for wealthier and middle-class Americans. If it’s done right, he says, taxes will fall and “more entrepreneurs will start businesses. Corporate investment would rise, creating more jobs. Individuals will work harder and save more. The country would have faster growth. The benefits are quite broad.” If we stay the present course, though, Social Security, Medicare and Medicaid will keep growing unchecked, and the United States, paralyzed by debt, could burn like Rome.
  • Summers, who once told me “I don’t do apocalypse,” acknowledged that some entitlement reform is inevitable, but that it is not the real adjustment that needs to be made. “That is playing defense,” he said. “It is essential but insufficient.” Instead, Summers wants the country to start playing offense: the crisis that demands our attention now, he says, is long-term unemployment. Millions of Americans have been out of work for more than half a year, many for much longer; not only are they suffering, but the overall economy is poorer without their contribution. Summers argues that the U.S. government can address this problem in several ways, especially by committing to more government spending, notably on infrastructure.
  • ...17 more annotations...
  • they might at least help clarify the choices that will define the future of our economy.
  • How did two men, whose work is widely respected, reach such different conclusions from data about the same economy? As I read their papers, I realized that they simply asked different questions.
  • Hubbard was fascinated by analyzing the ways in which government intervention can distort otherwise efficient markets; many of Summers’s papers explored the reasons markets aren’t always perfectly efficient.
  • I met Summers and Hubbard in a small, well-appointed room at the Council on Foreign Relations on Manhattan’s Upper East Side to hear them battle it out as if they were preparing to brief the president and leaders of Congress on what must be done to fix our economy right now
  • I wanted to hear their answers, of course, but I was also interested in how they made them. I wanted to understand the extent to which empirical economic research can provide objective guidance for policy — and at what point even brilliant, highly trained economists resort to articles of faith.
  • Hubbard quickly zeroed in on the issue that has defined his career. In regard to the size of the government, Hubbard said the real challenge is the steady rise in so-called entitlement spending
  • His views all seemed to coalesce around a fairly simple idea: the U.S. economy is better off when the government gets out of the way.
  • Summers’s worldview seemed to take into account more moving pieces. “It would surely be better to address long-run fiscal issues sooner rather than later,” he said. “But this needs to be done in a balanced way. The highest priority is getting the economy growing.”
  • Their views were especially incompatible when the talk veered to rising inequality.
  • Summers said he would limit benefits for the rich like “carried interest” rules that allowed private-equity managers (including, I recalled, Mitt Romney) to convert their income, which would be taxed close to 40 percent, into something that looked just like capital gains, which are taxed at 20 percent. He also said that the very wealthy should pay higher inheritance taxes. Dynastic wealth is “highly problematic in a society committed to freedom of opportunity,” he said.
  • For Hubbard, though, the rich aren’t the problem. The pursuit of wealth, he said, is an engine that powers the economy, and it makes no sense to address inequality by redistributing the very thing that fuels growth. “The real question is ‘What can we do to improve the earnings of lower- and middle-income Americans?’ ” he said. “That’s about increased education and skills training, and that may require higher government spending.” (Hubbard’s belief in more education financing sets him apart from more doctrinaire conservatives.) Hubbard also dismissed Summers’s concerns about dynastic wealth. So few Americans have that kind of money, he said, that taxing them doesn’t make a major impact on the nation’s finances.
  • In the end, it became clear that Hubbard sees many of our economic challenges — rising entitlements, inequality and even the financial crisis — as different manifestations of the same basic problem: unsustainable debt. Those challenges also have the same solution. If Congress and the White House can agree on a long-term plan to reduce the entitlements, everything will begin to look better. With a permanent solution in sight, investors will gain confidence from the fact that their country’s finances are in good shape and that their future tax burden will be lower; companies will hire workers. Then, once the big fiscal problem is solved, the government can redouble its efforts on education and help the truly needy.
  • . “There is no serious statistical evidence in support of the view that tax rates at current levels have a major disincentive effect on economic growth,” he said. He suggested, pointedly, comparing the rapid economic growth during the Clinton years with the comparatively worse performance of the post-tax-cut Bush period.
  • Summers settled on his point: The United States, he said, is not simply facing one unified problem that could be solved through one straightforward solution. The country is facing myriad challenges, starting with unemployment and slow growth. These immediate challenges, he said, can be addressed with a 10-year commitment by the government to spend $1 trillion on infrastructure.
  • both men took evident satisfaction in sticking to their guns, leaving me feeling the frustration that many do these days: Why can’t these two sides just work something out?
  • t he has come to think of the presidential election of 2016 as a battle between whoever will hire Larry Summers and whoever will hire Glenn Hubbard
  • Because somewhere in those following four years, he said, the fiscal crisis will become unavoidable, Congress will have to act, and it will have to work with the White House.
Javier E

Opinion | Transcript: Ezra Klein Interviews Brandon Terry - The New York Times - 0 views

  • BRANDON TERRY: Well, there’s this puzzle when we think about somebody like Martin Luther King Jr. And it’s that on the one hand, we have a national holiday devoted to him, an imposing monument on the hallowed space of the National Mall; he’s invoked in all manner of political speeches from across the political spectrum, probably the most famous African American of the 20th century.
  • But at the same time, if you ask even really well-educated people, they often don’t know that he’d written five major books, that he’s a systematic theologian with sustained interest in political philosophy who’s written lots and lots of things, incisive things, on some of the most pressing political and ethical matters.
  • King wants to say something different, I think. He wants to say that we are both of these things. We are a society with what he called the congenital deformity of racism — that it’s shot through many of our deepest institutions and structural arrangements, and because it has not been redressed on the scale that it would have to be to achieve true justice, it festers. It’s a rot. It’s a challenge that every generation is called on to pick up and try to do better than their forebears.
  • ...153 more annotations...
  • I’ve described it as a romantic narrative, one that’s about unities in the process of becoming, a calling together of Americans to transcend racial division and come together in a unifying way, a more perfect union, as a transcendence of essential American goodness over transitory American evils.
  • when we tell the story that way, unfortunately, not only is it mythic, but it trains us to treat King as the kind of person who’s not doing any original political thinking. What he’s doing is calling us to be true to who we always already were
  • And when you treat him like that, the thing that becomes most interesting about him is not his thought. It’s not the way he challenged us to think about violence. It’s not the way he challenges us to think about segregation, both de facto and de jure. It’s not how he challenges us to think about economic justice.
  • The thing that’s interesting about him starts to be his rhetoric or his tactics, the way in which he pushes people or frames arguments to call us to be true to who we always already were. That’s a real problem because it evades the most incisive, challenging and generative contributions that his public philosophy makes for our era.
  • it gets conscripted into a story that’s ultimately affirming about the adequacy of our constitutional order, the trajectory of our institutions, the essential goodness of our national character. You often hear politicians use this rhetoric of, this is not who we are.
  • it’s partly related to how we tell the story of the civil rights movement and particularly, how we tell King’s role in the civil rights movement.
  • There’s a way in which the philosophy of nonviolence gets painted, even in King’s time, as a kind of extreme, purist pacifism. And part of that is the connection with Gandhi, although I think it’s a radical misunderstanding of Gandhi, as well.
  • it’s a way of imagining the commitment to nonviolence as related to passivity, as related to the performance of suffering for pity. These are things that King never endures. For him, the idea of passive resistance was a misnomer. He helped coin the phrase “direct action” — he and other members of the civil-rights generation — that nonviolence is aggressive.
  • It’s an aggressive attack on injustice, an aggressive form of noncooperation with domination. It’s about trying to wedge yourself into the machinery of domination, to prevent its adequate functioning, to try to force or coerce your fellow citizens to stop and take stock of what kind of injustices are being unfurled in their name.
  • And it does so on the presumption that politics involves coercion, especially for King, who had a pretty tragic sense of human nature, that politics is going to involve confrontation with great evil, that it’s not a Pollyannaish view about what we’re all capable of if we just turn our eye toward God in the right way.
  • We’re owe it to them to live with evil. And we always are going to be called to confront it. We just need to do it in ways that won’t unleash a further chain of social evil and bitterness and revenge and retaliation. And King thought nonviolence was the only weapon that could cut and heal at the same time.
  • So when you hear King talk about love, when you hear King talk about nonviolence, these things actually require not just an enormous discipline around the acceptance of suffering, as if it’s some kind of passive practice, but they require really creative, dedicated thinking around how exactly to push and prod your neighbors into addressing the forms of injustice that structure the polity and how to do it in a way that doesn’t leave a perpetual midnight of bitterness when the conflict is done.
  • He says that the really interesting question, however, is how to organize a sustained, successful challenge to structural injustice. And for King, that requires something that blends militant resistance and a higher-order ethical practice that can point the way toward peaceful reconciliation over the long term.
  • Gandhi has this line where he says, if you can’t practice nonviolence, it quote, “retaliation or resistance unto death is the second best, though a long way off from the first. Cowardice is impotence, worse than violence.” So this idea that if you can’t be nonviolent, it’s better to be violent than to be a coward, doing nothing — I think gets at something important. Can you help unpack that?
  • to raise the question of strategy, as if we can evaluate means without some kind of ethical reflection or without some kind of underlying ethical commitments, for King, is already a confusion. He thinks that the ends are prefigured in any means.
  • Gandhi, in “Hind Swaraj,” has this great passage where he talks about how could come to acquire a piece of property. You could buy it. You could steal it. You could kill somebody in pursuit of it. You could ask for it as a gift.At the end of the day, you still have the same property. But the thing, itself, has changed. In one scenario, it’s a piece of stolen property. It’s a theft. In another, it’s a gift, which is different than something you’ve purchased.
  • So in the course of acquiring the thing, even though the thing is the same, the means have transformed it in a really, really important way. And King wants to say something similar — that in all political practice, the ends are prefigured in the means
  • nonviolence has to be — if it’s going to be true nonviolence for King — informed by a philosophy of love that really wants and desires and wills goodwill for the enemy at present and is committed, at the fundamental level, to going on together in peace, going on together, sharing the polity in perpetuity.
  • I think for King, imperative to nonviolent resistance turns, in large part, on the question of your own dignity and self-respect. So it is a justice question. He’s concerned with structural justice as a matter of the kinds of arrangements that prevail in the larger American society. That’s obviously true.
  • So there’s the person or group you’re in conversation or conflict with. I’m a liberal, and I’m arguing with a conservative. And I think that’s the most common target to think about: How do I beat or convince this person or group on the other side?
  • Then there’s the broader community polity — the voters, of the country, people who are bystanders, maybe interested, maybe not, but a broader community that is in some way watching or can be brought in to watch. And then there’s you, the person taking the action, and how it affects you and your group to take a particular action.
  • something that seems present in King’s thought is much, much, much, much more concern and focus than I think most political thinkers have today on how political action affects you, the person taking it, and affects the broader community that might be watching it
  • — that ends up with you being turned away from the good and toward things like hatred, resentment, violence, which he thinks, ultimately, will corrode your soul and take you further away from flourishing.
  • But he’s also concerned with how you relate to your own sense of equality, equal standing, worth, as he would say, somebodiness, we might say dignity — he also says that a lot — and that for King, to acquiesce in the face of oppression and domination, without protest, is to abdicate your own self-respect and dignity.
  • for him, dignity also required a certain kind of excellence of character, a certain kind of comportment and practice toward others.
  • So it is about trying to defend your dignity, defend yourself respect against insult and humiliation, oppression. But it’s also about doing so in a way that doesn’t degrade your character in the long term, that doesn’t cause you to end up being turned away from the good, which, again, for him, is going to be a religiously-inflected category
  • When you think about somebody’s political philosophy or their theory of political action, you can maybe think of there being a couple agents they’re thinking about.
  • It has fallen out of favor to say that there are certain ways of acting, politically, that are better and worse, from a virtue perspective, because it often is seen not as really a question of you and your relationship to some baseline or ideal but is some kind of concession you’re making to people who don’t deserve
  • I am a person who believes those questions are still legitimate, that they can’t all be reduced to strategy or will to power or psychic drives. I think that there’s something like an ethical life that requires us to argue about it and requires us to think really hard about how we discipline ourselves to achieve it.
  • Evelyn Brooks Higginbotham, wrote a phenomenal book, many years ago, called “Righteous Discontent.” And that’s what introduces the phrase, “the politics of respectability.” It’s a study of turn of the century Black Baptist women and their organizing efforts through the church.
  • It’s this idea that, in confronting a system of social stigma, the response that you need to have to it is to try to adjust your behavior, comportment, your self fashioning, in line with the dominant norms so that you can, over time, undermine the stigma and become a full participant in society.
  • there are all sorts of questions, legitimate questions, that are raised against that. Are we losing something valuable about alternative forms of life, about alternative cultural practices, when we take the existing, dominant norms as unassailable or something to aspire to?
  • what’s really fascinating is that he talks a lot about how he sympathizes with all those criticisms. He agrees with them
  • here’s the other part of Evelyn Higginbotham’s formulation — there’s a deeper question, one with thousands of years of moral reflection built up into it, which is about virtue ethics — that there are some things that people are appealing to you about that aren’t about their effect in the polity that aren’t about trying to manipulate white, racial attitudes. They’re about your own flourishing and character. They’re deep questions about how to live a good life, how to achieve excellence and the crafting of your soul.
  • as King would say, our reason sometimes can become subordinate to our passions. It can just be a legitimizing power or rationalizing power to the point where we lose track of what we really want to achieve, the kind of character we really want to have.
  • And for King, many of the appeals he made in that vocabulary are really about that. They’re really about virtue. They’re really about what hatred does to your life, what anger does to your life, what violence does to your life
  • there is a question for him, at the core of his life, which is, what makes this worth doing? That’s a virtue question. It’s not just a strategic or tactical one, in the narrow sense.
  • he describes nonviolence, I think really importantly, as also being about a nonviolence of spirit.
  • the example that he often gives is about humiliation — that there’s a way in which the desire to humiliate others, to diminish their status in front of other people for your own pleasure, the desire to subject them to standards of evaluation that they probably themselves don’t hold or don’t understand, in order to enable mockery. There’s a way in which, if we’re reflexive about where that desire comes from, we will find that it comes from a place that’s irrational, indefensible and, likely, cruel, and that if we were to imagine a way of life built around those feelings, those desires, those practices, it would be one that would make it really hard for us to have healthy social ties, stable institutions, flourishing social relationships.
  • So part of what he’s up to is asking us, at all times, to be self-reflexive about the desires and needs and fantasies that drive us in politics
  • the concession.
  • So what nonviolence does is, it builds in a check on those kinds of rationalizations, those kinds of emotional drives, by teaching us to avoid forms of humiliation and forms of physical violence that make it hard to come back from. So that’s the first point.
  • The second point — and it goes more to your sense of revenge and retaliation — is again, forcing us to acknowledge the legitimacy of anger.
  • He uses the phrase, “legitimate anger” in the late ’60s — but to be reflective about it and understand that, even in a case where someone kills a loved one of yours, revenge, violence, retaliation, that doesn’t bring back the loved one that you’ve lost.
  • The only thing that can do that is a kind of forward-looking, constructive practice of politics and social ethics.
  • so what he’s trying to do is raise the question of, can we channel our legitimate rage, our legitimate anger, into a practice that allows us to maintain our self respect?
  • here’s this man who is both making this public argument and trying to get people to follow him in it and put themselves at risk over it, and is also living it himself, and talks about this unbelievably difficult thing, which is not feel righteous anger, but to not feel hatred, to internally reflect the world you want externally.
  • he does falter. He does fail. And I think when we read biographies of King, when you read the last parts of David Garrow’s biography, when you read Cornel West’s essay, from “To Shape a New World,” which talks a lot about the despair at the end of King’s life, if you watch HBO’S great documentary, “King in the Wilderness,” you see a person faltering and failing under the pressure.
  • He’s not able, for example, to bring himself to a kind of reconciliation with Malcolm X
  • How imaginable is King’s philosophy, is this practice, without his deep Christianity, without a belief in redemption, in salvation, in the possibility of a next life?
  • I think King, himself, thinks that the practice of nonviolent politics does the kind of work that you’re describing. And I think he would be worried about the fact that, in our time, so much of these questions about the management of emotion, the building of character, has become a privatized practice.
  • So I think he does think that that’s one way that this really does happen. And we have lots of evidence from the Civil Rights Movement, personal testimony, and personal reflection, where this seems to be the case.
  • the last thing I’ll say is that in order to do that work, in order to do some of the work you’re describing, he also is building an alternative community
  • So one way that I read that famous final speech, “I’ve seen the promised land” — there’s obviously a prophetic reading of it, but there’s also one where he’s describing the prefiguration of the promised land in the kind of politics and social life he’s participated in over his career, that the promised land is seen in the union politics in Memphis, it’s seen in the Student Nonviolent Coordinating Committee, gathering to do Mississippi Freedom Summer. It’s seen in the people walking for 350-plus days in Montgomery, Alabama, and banding together to help each other out, that is the promised land.
  • And when you are in a community that’s constantly talking with each other and lifting each other up and engaging in practices like song, prayer, other communal rituals, to try to affirm this alternative set of ethical and political commitments against the whole rest of the culture, that’s the only way it can be done, is that you have to have an alternative form of social life that can sustain you in that work. The private practice isn’t going to do it.
  • When you look at the principles of nonviolence on Stanford’s King Institute, I think a bunch of them would be familiar to people. You can resist evil without resorting to violence. You seek to win the friendship and understanding of the opponent, not to humiliate.
  • He thinks that we learn a lot about how to love other people by confronting them in public, by forcing ourselves into uncomfortable situations where we have to endure the look of the other, back and forth, where we train ourselves to extend these interactions of contentious politics until they can alter or change the people that we’ve put our bodies in close contact with on the field of politics.
  • I go back to the sermon he gave — and it’s collected in “Strength to Love,” and it’s called shattered dreams — where he confronts a problem that is all over the Black tradition, which is that the struggle we’re engaged in has gone on, in some form or another, for hundreds of years. At the moments of its greatest promise, you can look over the course of history and see, just years later, we find ourselves in situations that are unimaginably awful.
  • King is not naive. He’s a student of history. He’s somebody who asks himself hard questions like this. And he gives two different kinds of answers. And one is the answer that you’ve mentioned here, which is a theological answer. It’s conventional theodicy story, that look, at the end of the day, God is at work in the world. And God is on the side of justice.
  • There’s another way that he goes at it, however. And for me, I read it as rooted in a different kind of project, one that combines what used to be called philosophical anthropology, which is just a way of saying philosophical reflections on what kind of beings we are. It’s rooted in that, and it’s rooted in politics. And I think those things can find lots of overlapping consensus from people outside of the Christian tradition.
  • What you have to be committed to, in the last instance, is that evil is not the totality of who we are as persons, that people have the capacity, emotionally and rationally, to reflect on their life plans, their practices, their commitments, and change them, maybe not all of them, maybe not all at once, but that those things can be changed, and that politics is really a field where contingency is the key word, that although there are structural constraints and everything can’t be done at every moment, that the unprecedented, the new, the unexpected, happens in this realm.
  • And the only way that we can confirm that nothing new will happen, that oppression will last forever, that the future bears no hope, is if we don’t act. That’s the only way we can confirm that it’s true for all time, is by failing to act in pursuit of justice.
  • that’s King’s view, I think. And to me, that’s the persuasive one, that in our action, we might be able to see some measure of justice from a complicated, complex swirl of contingencies, and to move the ball forward — we will inevitably fail — but to look back on that failure with maturity and try to do better the next time.
  • How do you think about the question of the weaponization of nonviolence and then the applicability of its principles to the powerful and to what they might, we might, the state might learn from it.
  • there were many people — Harold Cruse famously wrote this, but others even closer to King — who said, you’re not the leader of Vietnam. You’re the leader of the African American civil rights movement. You should not speak out on this war because you’ll lose your relationship with Johnson.
  • King says that the people who are advising him in this way, they just don’t know him, his commitment or his calling. They don’t understand that if he’s going to raise his voice against violence in Watts or Detroit, that he’s got to raise it against what he called, “the greatest purveyor of violence in the world today,” his own government.
  • for him, the question was really one about militarism and the way that gets imagined as this hardheaded, realistic, hyper-rational response to international disputes and social problems abroad, when in actuality, if we take stock of what he called the casualties of war, the spiritual ones and the material ones, we would realize that most of the violence we engage in at the foreign-policy level is counterproductive. It’s created more problems and more harms than it ever has seemed to solve.
  • This is one of the powerful interventions that you see in Lionel McPherson’s essay, in “To Shape a New World.” It’s just this idea that this is about hardheaded realism is mythic. King says it’s about an immature image that we are nurturing for ourselves, that we’re trying to shore up this idea of ourselves as some kind of crusading hero or all-powerful world power, while not taking stock of all of the things about our freedoms, about our way of life, about our connectedness as a society, about our social divisions, that war has exacerbated, not to mention the violence that’s prosecuted abroad.
  • And he says similar things about domestic policy, the ways in which our politics toward poor families, single-parent households, is punitive for reasons that aren’t justified, that our response to what he calls “the derivative crimes of the ghetto” are wildly out of proportion and unjust compared to how we treat the systematic crimes of exploitation, segregation, disenfranchisement, that structure much of ghetto life.
  • So I’m in total agreement with Coates on that question
  • it just seems — I don’t want to call it axiomatic, but a repeated d that the more willing you become to use violence as a state, the more it corrupts you, and the more violent you become as a state, and to some degree, the more violent the people you are policing, the people you are occupying, become.
  • I’m not a pacifist. I don’t believe you can fully eradicate violence. But we don’t weigh how violent we make others, in our actions, very well, and then how violent we become in response, how much we enter into that escalatory dynamic.
  • But then the other thing is this question of this broader community, of changing hearts, of changing minds, of acting upon people, not through punishment, but through our belief that they can alter. And I’d be curious to hear you reflect on that question of community a little bit, because I think one of the central debates of our time is who’s actually in the community.
  • What would it mean to have a bit more of King’s view, of trying to create community at the center of what the state is attempting to do, as it fashions and helps govern the country?
  • BRANDON TERRY: So one underappreciated feature from King’s famous Riverside Church speech against Vietnam, is he goes on this whole riff about America lacking maturity. And it’s a weird thing to have in a foreign-policy speech. You’re used to — you’re a policy person. You don’t usually hear the word “maturity” bandied about in these kinds of debates.
  • But what he’s getting at is that something really tightly linked to violence, that violence always exceeds the original justification you have for it. It’s not precise. It’s not able to be easily targeted, as we think. It spirals out. It produces retaliation. And then we retaliate again.
  • And all the while, it’s expanding its justifications to the point of absurdity. And King describes that as adding cynicism to the process of death. And he says that maturity is one of the only ways out here, that the maturity to be able to stand up and say, we were wrong, we want to make amends, we want to repair evils committed in our name, those are questions that are essentially nonstarters in American politics right now, certainly about foreign policy, but even in some places in domestic policy.
  • that feature of King’s thinking is something that I always want to draw attention to because I think it’s something we ignore. So that’s the first point I want to make.
  • The second thing — and this is also really deeply-seeded in that Vietnam speech — one of the reasons that people hated it so much — he was attacked in The New York Times, basically every editorial page in the country — one of the reasons people hated that speech so much is that he spent so much time expressing solidarity and sympathy with Ho Chi Minh and the North Vietnamese forces.
  • How could you express sympathy or some kind of solidarity with the enemy? And it’s very instructive, how King went about it. He wasn’t one of these people — you’ve seen these images of people waving the North Vietnamese flag at counterculture protests. It wasn’t like that.
  • It was him really spending a lot of time meditating on the reasons why we had ended up in this conflict, narrating the whole history of our failure to support Ho Chi Minh and the struggle against French colonialism, against Chinese colonialism, and how that had led to the situation we were in by 1967. King is narrating this history. He’s also trying to get people to think about what it must feel like to be on the ground in Vietnam and witness these bombings, witnessed this imposition of terror.
  • And he’s doing that because at bottom, he’s inspired by a vision really rooted in a parable the Good Samaritan, from the Bible, that everyone is our neighbor, that there are no sectional loyalties that should eviscerate our moral obligations to others, our obligation to show them respect, to go on in community with them, and that most of what goes on in foreign policy and particularly war making, is a bad-faith evasion of the fact that we’re all interconnected.
  • he understood that there’s a fundamental interconnectedness amongst humanity at the ethical level and at the material, structural level, and that war making is an evasion of that fact. We’re going to have to live together. So the chief question that should organize it is, how can we do so in peace?
  • He has a line where he says, quote, “the dignity of the individual will flourish when the decisions concerning his life are in his own hands, when he has the assurance that his income is stable and certain and when he knows that he has a means to seek self-improvement. Personal conflicts between husband, wife and children will diminish when the unjust measurement of human worth, on a scale of dollars, is eliminated.” Tell me a bit about the spiritual and psychological dimensions of King’s economic philosophy and organizing.
  • BRANDON TERRY: Well, for King, the question of poverty and the question of economic inequality are both questions of dignity and democracy, and the questions of dignity because when you live without the adequate means to really enjoy the fair value of your basic rights, when you live in a society — and this is a really important point for King — when you live in a society of profound affluence, like the United States, and you live in severe poverty, it expresses a kind of contempt from your fellow citizens about your standing as an equal member of the polity.
  • So separate from the plain, material fact of hunger or health care, there’s this additional spiritual concern with the way in which living with nothing, living on a lonely island amidst an ocean of prosperity, as he would put it, diminishes your dignity.
  • then another piece — this is bridging of the dignity and democracy question — is that when people don’t have a say in the core, vital interest of their life, when they have no decision-making power over the processes which determine how their life is going to go, that too is a diminishment of their dignity. And King, who was operating in a long tradition of social democracy, wants to expand democratic practices to the broader economic realm.
  • Without expanding democracy into that economic realm, for King, we’re both making a mockery of democracy and we’re diminishing the dignity of citizens who live in search of a real standing as free and equal.
  • as somebody who spends a lot of my time in debates about economic policy, I think it is fair to say that the ends of economics are taken as the economy, typically. People hopefully shouldn’t starve. But a lot of debates about what we should do, even for the poor, become these recursive, well, how can they better participate in the economy and how are they going to be able to invest in themselves and how they’ll be economic opportunity for their children.
  • And the idea that the economy is subservient to the community, that the point of the economy is the community, that it should be measured— our policy should be measured by what they do for democratic participation, for the dignity of individuals, is pretty lost. If anything, I see it more now, on the post-liberal right, as people call it, than I even do among mainline Democrats.
  • it has fallen out of favor as a way to frame and think about these conversations.
  • BRANDON TERRY: Yeah, I think it’s rooted in some really complicated things. I think there’s a kind of liberal anxiety about speaking forthrightly about the fact that living in areas of severe, concentrated disadvantage and racial segregation that we call ghettos, diminishes the dignity of the people who live there.
  • That feels uncomfortable for people to say forthrightly, in the way that King would.
  • so we try to get around it by speaking about opportunity and the wealth gap and unemployment statistics. But really what people are feeling is an existential assault on dignity.
  • one way to read that book is to say that she’s telling a tragic story about the loss of a particular ideal that guided great society politics. And that’s the principle of maximum feasible participation.
  • That was a really social-democratic idea, this idea that, well, we need to empower all sorts of people to participate in policy making and democratic deliberation, and that part of where people will find self-respect and dignity is through engagement in politics and their community
  • I think it gets to something that is very present, towards the end of King’s life, which is his sense that there is something important for the civil rights movement in the labor movement. And unions, on some level, they are mechanisms of democracy. One of the most important functions they have is workplace democracy
  • King is, in this tradition, in many ways inspired by a mentor of his. And one of the most important figures in American history but one of the most severely neglected was A. Philip Randolph, the great labor leader, former organizer of the Pullman Porters, the architect of both the March on Washington that gets canceled, which was going to target the Roosevelt administration during World War II, and the 1963 famous March on Washington for Jobs and Freedom.
  • they’ve got a certain set of commitments. So one is the idea that because most African Americans are working class or poor, anything that advances the interests of working-class people and their ability to exercise democratic control over the economy is going to advance the interests of African Americans.
  • for King labor unions are also, as you described, important laboratories of democracy. So they’re one of the few places where people from all walks of life can get together, deliberate about strategy, deliberate about social ends, social goods, put money behind things that they value, that aren’t only their own material interest.
  • today, of course, there’s this ongoing — always is this ongoing argument — of should you have race-based politics or is that unusable, doesn’t work, creates too much backlash? Or you should have class-based politics that are looking for commonalities, and because you’ve had so much economic disadvantage for Black Americans, that’ll work through the mechanism of class just fine.
  • BRANDON TERRY: So King often invokes the philosopher Hegel, because he’s constantly describing his mode of thinking as a dialectical one, where he’s trying to reconcile seeming opposites and produce a new synthesis, which helps you transcend certain intractable problems.
  • Now as a reading of Hegel, that has much to be desired. But as a description of Martin Luther King’s thought, I think that’s always a good way to understand what he’s up to. And so I think what he’s always trying to do is transcend that opposition.
  • there’s a way in which we sometimes will say class-based politics works to lift African Americans because they’re disproportionately poor. And what’s tricky about that is that it doesn’t really theorize what to do about the African American middle class and the African American elite.
  • So a thing that King was thinking a lot about when he wrote “Stride Toward Freedom” and the Montgomery bus boycott, is there are areas where racial solidarity is going to be really effective and probably indispensable.
  • where questions of anti-Black racism emerge, where questions of racial humiliation, stigma that really affects the larger group, things that all Black people feel vulnerable to, those are going to be areas — like the segregation laws on the buses — those are going to be areas where you actually can generate a lot of racial solidarity and do a lot of important work with it, especially as a defensive posture.
  • When you start to get into questions of political economy, however, you have to be careful because the appeal of racial solidarity can actually obscure the fact that Black people don’t all share the same material interest in lots of ways.
  • King’s primary principle always is, is that he’s dedicated to the group that William Julius Wilson called the truly disadvantaged, the least of these, that at the end of the day, he’s going to give everything to the people who are in the most desperate situation, the poor. And that’s going to guide his politics.
  • where that is enabled by a race-based solidarity, so in questions of policing, perhaps, or questions of social stigma and media discourse, that’s where he’ll turn. But in other cases, I think he’d really be trying to experiment with a form of politics that empowers the poor to take leadership on their ow
  • How does being more aware of the distinctions he drew and the decisions he made help you look at some of the paths we should be walking down today and are not, in these conversations, or are walking down and shouldn’t be?
  • n order for us to understand why so many African Americans are located in the realm of the most disadvantaged, in the strata of the most disadvantaged, you have to understand the history of racial domination in this country. You have to understand the persistence of racial discrimination, especially in labor markets. And you have to understand the ways that racial ideology allows us to obscure the nature of our economy.
  • So the most classic example is that structural unemployment gets reframed, in part by racism, as questions of laziness or pathology or criminality instead of as a feature of the economy as such. So King always talks about the critique of racism as part of the diagnosis of the disease in order to cure it.
  • So even in the privileging the least well off and being concerned with poor people of all races, he wants to say that the critique of racism helps us see through the kinds of blindnesses that obscure the nature of our economy and the commonalities across race and the things that we need to address the questions of economic justice precisely
  • The second thing is that, in his critique of Black power, one of the things he says is that he worries that Black power gives priority to the question of race in a way that confuses our analysis of social reality. So what does he mean by that?
  • if you think that all Black disadvantage is primarily about anti-Black racism, you can start to miss the fact that there are broader economic dislocations that need to be addressed, that there are structural features of the American constitutional order, the ways in which municipal boundaries are structured, ways that funding decisions are made, that aren’t primarily driven by racial animus, that need to be addressed.
  • You can lose sight of those things and start to think that the real battle is in something like a totality of anti-Black racial ideology that can be battled in Hollywood movies and comic books and school curricula and legislation and political rhetoric
  • it’s not to say that those things don’t exist. It’s just to say that there’s a confusion about what’s going to make the biggest impact in improving the life circumstances of the least well off.
  • King really calls us to constantly be very precise about what the causal mechanisms are for Black disadvantage and to not be confused by the fact that there’s discrimination and injustice and cruelty in these other realms but which might not have as much causal impact as some of these other things.
  • King was very adamant that Black pride, that a concern with representation, that thinking in expansive ways about how do you affirm the somebodiness of Black youth, that those things are really, really important and that they’re not to be dismissed.
  • So it is a question of justice if people in Hollywood just constantly demean or diminish the talent of nonwhite actors. That is a question of justice. It’s just that we have to be honest about what the import of those struggles will be for the broader group. And the only way we can do that is by being attentive to the class differences within the group.
  • there’s a way in which — and King diagnoses this very incisively — there’s a way in which some genres of Black nationalism are so pessimistic about the possibility for multiracial democracy in the United States, for any kind of Black flourishing in the United States that they essentially foreclose real interest in political organizing and social movements
  • But the energy they still managed to generate — the outrage, the sentiment, the sociality — they find their outlet, instead, in a practice of humiliation, counter humiliation. So that there may not be hope that we can actually change the country, but at the very least, we can enjoy a feeling of retaliation, a kind of self-respecting sense of resistance, by engaging in a practice of trying to humiliate our opponents in the public spher
  • there’s a titillation to that. There’s a catharsis in watching someone — at that point, it would have been called stick it to whitey. Now it would be stick it to the libs or own the libs.
  • this is a significant amount of people that could cause real damage in the places where they don’t face many countervailing forms of power. And they can exercise a much more toxic impact on the broader state of American politics in a time where the media environment is way more fragmented
  • I see those elements. And I think that we need more people operating, in the kind of mode that King did, in his critique of Black power, to try to turn people away from their understandable feelings of hostility and resentment, toward more productive forms of political engagement.
  • the word, “emotion,” which is a neglected part of politics, maybe of King’s thought in particular is that he understood — I think he understood part of the goal of politics and political action as creating a particular structure of political emotion.
  • , what structure of emotion, of political emotion, we’re actually living in.
  • BRANDON TERRY: My mentor and friend, Karuna Mantena, at Columbia, political theorist, a brilliant political theorist working on a book on Gandhi — I learned this from her, thinking a lot about how nonviolence is a kind of realism, in part because it doesn’t engage in of fiction that politics is operating on, in the model of rational discussion. It takes very, very, very seriously the problem of emotion.
  • for King, thinking about the history of racial oppression in America, they’re key emotions that you have to think about. One of the most important ones is fear
  • If that fear is a longstanding, deeply-structuring feature of American culture and political life, if it’s something that animates our comedy movies, our stand-up routines, our political discourse, you can’t operate as if it’s not there. You have to do things that will somehow disarm, disrupt, dispel those fears, in order to make progress on the political questions you want to pursue. That was one of King’s deepest, deepest commitments.
  • He’s thinking a lot about anger, which we’ve talked at great length about. And one of the disappointments I’ve had with radical politics in the present, as sympathetic as I am to most of the aims, is that I just don’t think the emotion question has been adequately considered
  • people often defend their politics as like, King was unpopular. And the things we’re saying are unpopular. So we’re operating in that tradition.
  • it’s not enough to just say, I’ve started a conversation, I’ve provoked something toxic in the culture. He’s not trying to do that, necessarily. He’s trying to elicit reactions that bring forward certain emotions but not let those emotions unravel the society itself. He’s trying to channel them into other forms of political affect that are much more congenial to reconciliation and justice.
  • what we’ve unfortunately ended up with is that the sophistication of mobilization strategists, the depth of the polarization, has made anger the principal affect of American politics at this moment.
  • a King-inspired political philosophy, both at the state level and the activist level, has to do, is think about how do we transform the recalcitrant nature of today’s political anger and channel it into forms of constructive politics that might point toward a more just future and that might dissolve the forms of anger that are illegitimate and ill founded, in part, by doing the kind of work sometimes described as a moral jujitsu, turning those affects against themselves, in part, to try to transform them into something different.
  • maybe it’ll be easier to use myself as an example, here.
  • When I started out in blogging and political writing and journalism, particularly blogging, I think I thought a lot about politics in terms of winning and losing, and in my corner of it, winning and losing intellectually, that I was involved in political arguments, and arguments could be won or lost in front of some kind of audience.
  • One is having been in a lot of arguments. And I think I’m a reasonably good arguer. And so I’ve done, by my own likes, well, and then noticed it didn’t have it all the effect I wanted it to have, which is, if anything, it usually — if you really beat somebody in an argument and they feel humiliated, they go further into views they already held
  • And two things have begun to corrode, for me, that sense
  • so you lose by winning.
  • then the second is, particularly in the Trump era, the sense that if you met something awful with an equal and opposite energetic force, that in some weird way, you just added energy to what was now an awful system and conversation.
  • What do you do to not create a sense that this is a right conversation to be having? And I don’t the answers to it. And I’m not saying like I’ve ascended to some higher plane and don’t argue or any of that. I have all the same intuitions and senses I’ve always had.
  • that’s why I find King so interesting and challenging in this way, because it’s just really, really, really different to ask the question, how do I reshape the emotional politics and the emotional structure of myself, of the people I’m in conflict with and then of the people who are bystanders or watchers of that conflict, for the better
  • It’s just a really different goal to be targeting, and just unimaginably harder than, can I come up with an argument that I think is a winning argument.
  • I think you see it — when he’s assassinated, the leading figures of the Black-Power generation, they’re heartbroken. They mourn his loss. They grieve for him, in part because — and you can read any of these memoirs, particularly Stokely Carmichael’s — they felt like he never — that even when he disagreed with them, he loved them, and not just because they were friendly, but because he loved in the sense that he always invoked, of agape love, that he wanted goodwill for them, and that his arguments weren’t from a place of trying to humiliate them or embarrass them or expose them as ridiculous.
  • He wanted to affirm their right to make the arguments they were making, to affirm their intelligence and judgment and to enter into their mind, to try to reconstruct a position with sympathy, but then show why it falls short for the sake of goals that he was forthright about, about justice, about reconciliation, about love
  • we are in a moment of extraordinary cynicism. And cynicism can take advantage of your intellectual honesty, your practice of agape love. But I think that’s in the short term.
  • In my better moments, I’m of the view that the only way to start to turn the tide against the cynicism that has so corroded and corrupted our political culture is to try to have these demonstrations of humility and authenticity that cause us to put ourselves at some risk, the way that King did
  • So always our final question: What are three books you would recommend to the audience? And if I can put one spin on that, you mentioned the many books King wrote. If people want to start with one thing he actually wrote to read, one book, which one should they start with?
  • I think you get the best sense of his mature thought from his 1967 book, “Where Do We Go From Here: Chaos or Community,” which is still our question. So I would definitely recommend that. I also really love “A Trumpet of Conscience,” his Canadian Broadcasting Corporation lectures that were published posthumously.
  • I really strongly recommend Peniel Joseph’s, “The Sword and the Shield.” It’s a dual biography of Martin Luther King and Malcolm X. I reviewed it for The New York Review of Books and think really highly of it. It’s a great meditation on the ways they influenced each other. And it gives you a good sense of the broader intellectual milieu of the period.
  • I also really like Jeanne Theoharis’s “A More Beautiful and Terrible History.” I think for people coming to the study of the civil rights movement for the first time are kind of curious about why some of the things that I’ve said don’t sound familiar to them. She writes, in a really accessible and intelligent way, about some of the myths, that structure, how that history is taught and popularly conveyed. We have a lot of agreements there.
  • And then a where do we go from here question, I want to recommend my colleague, Tommie Shelby’s book, “Dark Ghettos,” which is a King-inspired philosophical reflection on the deep structure of ghetto poverty and what it requires of us, as a society, to do to redress it. It’s a book that’s very demanding on how far we’ve fallen short and questions of justice that pertain to the kind of neighborhoods that we grew up in and around.
lilyrashkind

Europe's Russian Oil Ban Could Mean a New World Order for Energy - The New York Times - 0 views

  • HOUSTON — The European Union’s embargo on most Russian oil imports could deliver a fresh jolt to the world economy, propelling a realignment of global energy trading that leaves Russia economically weaker, gives China and India bargaining power and enriches producers like Saudi Arabia.
  • Europe’s hunt for new oil supplies — and Russia’s quest to find new buyers of its oil — will leave no part of the world untouched, energy experts said. But figuring out the impact on each country or business is difficult because leaders, energy executives and traders will respond in varying ways.
  • China and India could be protected from some of the burden of higher oil prices because Russia is offering them discounted oil. In the last couple of months, Russia has become the second-biggest oil supplier to India, leapfrogging other big producers like Saudi Arabia and the United Arab Emirates. India has several large refineries that could earn rich profits by refining Russian oil into diesel and other fuels in high demand around the world.
  • ...6 more annotations...
  • “It’s a historic, big deal,” said Robert McNally, an energy adviser to President George W. Bush. “This will reshape not only commercial relationships but political and geopolitical ones as well.”E.U. officials have yet to release all the details of their effort to squelch Russian oil exports but have said those policies will go into effect over months. That is meant to give Europeans time to prepare, but it will also give Russia and its partners time to devise workarounds. Who will adapt
  • Russian natural gas for some time, possibly years. That could preserve some of Mr. Putin’s leverage, especially if gas demand spikes during a cold winter. European leaders have fewer alternatives to Russian gas because the world’s other major suppliers of that fuel — the United States, Australia and Qatar — can’t quickly expand exports substantially.Russia also has other cards to play, which could undermine the effectiveness of the European embargo.
  • Another hope of Western leaders is that their moves will reduce Russia’s position in the global energy industry. The idea is that despite its efforts to find new buyers in China, India and elsewhere, Russia will export less oil overall. As a result, Russian producers will need to shut wells, which they will not be able to easily restart because of the difficulties of drilling and producing oil in inhospitable Arctic fields.
  • “Why wait six months?” asked David Goldwyn, a top State Department energy official in the Obama administration. “As the sanctions are configured now, all that will happen is you will see more Russian crude and product flow to other destinations,” he said. But he added, “It’s a necessary first step.”
  • In addition, Germany and Poland have pledged to stop importing oil from Russia by pipeline, which means Europeans could reduce Russian imports by 3.3 million barrels a day by the end of the year.And the union has said European companies will no longer be allowed to insure tankers carrying Russian oil anywhere. That ban will also be phased in over several months. Because many of the world’s largest insurers are based in Europe, that move could significantly raise the cost of shipping Russian energy, though insurers in China, India and Russia itself might now pick up some of that business.Before the invasion of Ukraine, roughly half of Russia’s oil exports went to Europe, representing $10 billion in transactions a month. Sales of Russian oil to E.U. members have declined somewhat in the last few months, and those to the United States and Britain have been eliminated.
  • India is getting about 600,000 barrels a day from Russia, up from 90,000 a day last year, when Russia was a relatively minor supplier. It is now India’s second-biggest supplier after Iraq.But India could find it difficult to keep buying from Russia if the European Union’s restrictions on European companies insuring Russian oil shipments raise costs too much.“India is a winner,” said Helima Croft, RBC’s head of commodity strategy, “as long as they are not hit with secondary sanctions.”
katyshannon

Flint mayor hopes to begin pipe replacement next month - 0 views

  • Flint Mayor Karen Weaver on Tuesday outlined  an estimated $55-million public works project expected to begin within a month to remove Flint's lead-contaminated pipes from the water distribution system.
  • First priority will be given to high-risk households with pregnant women and children, Weaver said at a news conference at City Hall.
  • Last week, Weaver called for the immediate removal of the city's lead-contaminated pipes and announced a plan that included help from Lansing Mayor Virg Bernero, who has offered technical assistance from the Lansing Board of Water and Light. Lansing has removed about 13,500 lead pipes in the city.
  • ...14 more annotations...
  • The Fast Start plan will require extensive coordination between city, state and federal officials,  Weaver said. She was joined Tuesday by retired National Guard Brig. Gen. Michael McDaniel, who said he thinks the project can be done within a year by 32 crews.
  • McDaniel — who is assisting in coordinating activities between the city, the Lansing Board of Water and Light, state and federal agencies, and other stakeholders -- said the project could begin within the next month. But McDaniel reiterated the plan is still in its early phases and much of it is based on "assumptions."
  • The preliminary project scope developed by the BWL shows that up to 15,000 lead pipes could be removed in one year "under optimal conditions," Weaver said.McDaniel noted that while it took the BWL 10 years to remove 13,500 pipes, he thinks they can move quicker in Flint because they've perfected the process. McDaniel and Weaver said Flint crews would also be involved in the project.
  • The project would be done in two phases, with the first targeting high-risk households of children under the age of 6, children with elevated blood-lead levels, pregnant women, senior citizens, residential day care facilities, people with compromised immune systems and households where water tests indicate high levels of lead at the tap.
  • The project will not immediately address schools, businesses and other locations in Flint, according to a document released by the city detailing the plan. The city said most large facilities are served by "high-capacity cast iron water services," and not the typical lines found in residential water services.
  • the document states. "For institutional entities like schools and businesses, bottled water can continue to provide for their short-term needs."
  • Phase two of the program would ramp up to a "full-scale operation" that would bring in 32 crews and a "robust administration and logistics support team to meet the one-year goal," Weaver said.
  • McDaniel said the costs in the projected $55-million effort could fluctuate because of  the architecture and condition of the water distribution system. The estimated cost per line is $3,670, according to a city document. Of the $55 million, about $1.5 million will go toward administration and logistics, according to the city, which said personnel costs are estimated at $900,000 and operations costs are projected to be $600,000. According to the city, the bulk of the cost — $36 million — will go toward the labor and about $9.7 million will go toward the materials.
  • According to the city, the Fast Start program will remove and replace the lines at no cost to the homeowner. However, homeowners will be required to sign an agreement that authorizes Flint to remove and replace the portions of the lines on their private property and allow access to the meter inside the home.Lead lines will be replaced with new copper lines and a water filter will be installed at the kitchen tap for three months as a precaution, city officials said.
  • Flint's drinking water became contaminated with lead in April 2014 after the city, while under the control of a state-appointed emergency manager, switched its source to the Flint River as a temporary cost-cutting move and the state Department of Environmental Quality failed to require the addition of needed corrosion-control chemicals. As a result, corrosive water caused lead to leach from pipes, joints and fixtures, causing many citizens to receive water with unsafe lead levels. The state has told residents not to drink the water without filtering and says it is treating all Flint children as having been exposed to unsafe levels of lead
  • The FBI is now investigating the contamination of Flint’s drinking water amid a growing public outcry. U.S. Rep. Candice Miller, R-Harrison Township, proposed an emergency $1-billion grant to be authorized through the Environmental Protection Agency, and two Democratic U.S. senators and U.S. Rep. Dan Kildee, D-Flint Township, proposed up to $400 million in dollar-for-dollar matching funds from the state to do much the same thing.
  • The U.S. Attorney's Office announced Jan. 5 that it was assisting the EPA in the investigation
  • Several lawsuits have been filed in connection with the crisis.
  • When asked at the news conference whether she thinks Snyder will support the plan, Weaver said the city can no longer afford to wait."We’re putting forward our plan and we cannot wait for that," Weaver said. "We don’t trust that and we deserve new pipes. That’s the only way this community is going to be confident and people will stay here and people will come. I cannot imagine that he would not support this plan. If he doesn’t, shame on him."
Javier E

Where the Left Went Wrong-and How It Can Win Again - The Atlantic - 0 views

  • The full book contains criticism for the political left as earnestly constructive and thoughtfully formulated as any I have encountered
  • Rorty argued that an ascendant strain of postmodern Leftism with its roots in the academy has tended “to give cultural politics preference over real politics, and to mock the very idea that democratic institutions might once again be made to serve social justice.”
  • This Left is more likely to participate in a public shaming than to lobby for a new law; it is more likely to mobilize to occupy a park or shut down a freeway than to register voters. It “exaggerates the importance of philosophy for politics, and wastes its energy on sophisticated theoretical analyses of the significance of current events.”
  • ...24 more annotations...
  • Rorty sympathizes with the reasons that an ascendant Leftist faction lost faith in American institutions. He is as horrified as they are by the historic treatment of indigenous people and African Americans, and by America’s behavior in the Vietnam War.
  • But like John Dewey, he rejects self-loathing as “a luxury which agents––either individuals or nations––cannot afford,” and finds other aspects of American history and national character to celebrate.
  • Today’s Left would more effectively advance social justice if its adherents possessed a historical memory that extended farther back than the 1960s, he argued, to a movement more than a century old “that has served human liberty well.” It would help, for example, “if students became as familiar with the Pullman Strike, the Great Coalfield War, and the passage of the Wagner Act as with the march from Selma, Berkeley free-speech demonstrations, and Stonewall.”
  • If more Leftists saw themselves as part of that history, with all its achievements, they might continue to lament that “America is not a morally pure country,” but might better understand that “no country ever has been or ever will be,” and that no country will ever have “a morally pure, homogeneous Left” to bring about social justice.
  • he criticizes the identity politics of the left for developing a politics “more about stigma than about money, more about deep and hidden psychosexual motivations than about shallow and evident greed,” because many of the dispossessed are thereby ignored.
  • Surveying academia, for example, he observes that “nobody is setting up a program in unemployed studies, homeless studies, or trailer-park studies, because the unemployed, the homeless, and residents of trailer parks are not the ‘other’ in the relative sense. To be other in this sense you must bear an ineradicable stigma, one which makes you a victim of socially accepted sadism rather than merely of economic selfishness.”
  • For Rorty, a Left that neglects victims of economic selfishness will not only fail; its neglect of class will trigger a terrible backlash that ultimately ill-serve the very groups that Leftist identity politics are intended to help. “The gains made in the past forty years by black and brown Americans, and by homosexuals, will very likely be wiped out,” he worried. “Jocular contempt for women will come back into fashion. The words ‘nigger’ and ‘kike’ will once again be heard in the workplace. All the sadism which the academic Left has tried to make unacceptable to its students will come flooding back. All the resentment which badly educated Americans feel about having their manners dictated to them by college graduates will find an outlet.”
  • To avoid that future, to compete in national politics, Rorty believed that the Left would have to find a way to better address the consequences of globalization, and that it could only do so by “opening relations with the residue of the old reformist Left, and in particular with the labor unions.
  • it is almost impossible to clamber back down from their books to a level of abstraction on which one might discuss the merits of a law, a treaty, a candidate, or a political strategy.
  • The contemporary academic Left seems to think that the higher your level of abstraction, the more subversive of the established order you can be. The more sweeping and novel your conceptual apparatus, the more radical your critique…
  • What’s more, the Left “would have to talk much more about money, even at the cost of talking less about stigma.” In service of that transition, he advised the Left to “put a moratorium on theory … to kick its philosophy habit” and  to “try to mobilize what remains of our pride in being Americans.”
  • disengagement from practical politics “produces theoretical hallucinations,” he added. “The cultural Left is haunted by ubiquitous specters, the most frightening of which is called ‘power.’” This obsession with power elicited scathing words:
  • in committing itself to what it calls “theory,” this Left has gotten something which is entirely too much like religion. For the cultural Left has come to believe that we must place our country within a theoretical frame of reference, situate it within a vast quasi-cosmological perspective.
  • The cultural Left often seems convinced that the nation-sate is obsolete, and that there is therefore no point in attempting to revive national politics. The trouble with this claim is that the government of our nation-state will be, for the foreseeable future, the only agent capable of making any real difference in the amount of selfishness and sadism inflicted on Americans.
  • This Left will have to stop thinking up ever more abstract and abusive names for “the system” and start trying to construct inspiring images of the country. Only by doing so can it begin to form alliances with people outside the academy—and, specifically, with the labor unions
  • Outside the academy, Americans still want to feel patriotic. They still want to feel part of a nation which can take control of its destiny and make itself a better place … Nothing would do more to resurrect the American Left than agreement on a concrete political platform, a People’s Charter, a list of specific reforms.
  • Instead, “the cultural Left has a preference for talking about ‘the system’ rather than specific social practices and specific changes. The rhetoric of this Left remains revolutionary rather than reformist and pragmatic.
  • its abandonment of the melting-pot approach to racial justice, its substitution of multiculturalism, has destroyed the solidarity needed to advance justice in any manner
  • The pre-Sixties reformist Left, insofar as it concerned itself with oppressed minorities, did so by proclaiming that all of us—black, white, and brown—are Americans, and that we should respect one another as such. This strategy gave rise to the “platoon” movies, which showed Americans of various ethnic backgrounds fighting and dying side by side.
  • the contemporary cultural Left urges that America should not be a melting-pot, because we need to respect one another in our differences. This Left wants to preserve otherness rather than to ignore it… If the Cultural left insists on continuing its present strategy––on asking us to respect one another in our differences rather than asking us to cease noting those differences––then it will have to find a new way of creating a sense of commonality at the level of national politics. For only a rhetoric of commonality can forge a winning majority in national elections.
  • The cultural Left has a vision of an America in which the white patriarchs have stopped voting and have left all the voting to be done by members of previously victimized groups, people who have somehow come into possession of more foresight and imagination than the selfish suburbanites.
  • These formerly oppressed and newly powerful people are expected to be as angelic as the straight white males were diabolical. If I shared this expectation, I too would want to live under this new dispensation. Since I see no reason to share it. I think that the Left should get back into the business of piecemeal reform within the framework of a market economy.
  • This was the business the American Left was in during the first two-thirds of the century.
  • Our national character is still in the making. Few in 1897 would have predicted the Progressive Movement, the forty-hour week, Women’s Suffrage, the New Deal, the Civil Rights Movement, the successes of second-wave feminism, or the Gay Rights Movement. Nobody in 1997 can know that America will not, in the course of the next century, witness even greater moral progress.
katherineharron

Capitol riot tears GOP apart as it seeks a return to power in 2022 - CNNPolitics - 0 views

  • Florida Republican Sen. Rick Scott, the new chair of the National Republican Senatorial Committee, defended President Donald Trump on Wednesday when asked if his ally bore any responsibility for inciting a riot at the US Capitol, putting the onus of last week's death and destruction instead on the mob.
  • "He's not the one who made the decision to breach this Capitol," Scott said.
  • Scott's comments came as the pro-Trump riot has torn apart the Republican Party, setting off a backlash among some donors, a historic second impeachment of the President and a fight over how best to build a path back to power.
  • ...17 more annotations...
  • Trump remains broadly popular within the GOP. But the riot has led a small group of House Republicans -- including Rep. Liz Cheney, the No. 3 in GOP leadership in the chamber -- to support his impeachment.
  • The Florida Republican told CNN that he wished Trump "responded faster" to quell the violence, calling the riot "unacceptable" and "un-American" and for some of the insurrectionists to be prosecuted.
  • he did not hold Trump accountable for the attack
  • The US Chamber of Commerce, corporate political action committees and major conservative donors are reevaluating whether they will donate to the 147 Republican members of Congress who objected to certifying the presidential election on the day of the attack in a deluded bid to overturn the results. Those members include Scott and House Republican Leader Kevin McCarthy, who cited voter integrity concerns.
  • Business PACs are significant players in politics, accounting for more than $360 million in federal contributions during the 2020 cycle -- with about 57% of the money flowing to GOP candidates, according to the nonpartisan Center for Responsive Politics.
  • "Corporations, individuals, they have a choice," the senator said. "If you believe in a big government, less freedoms, socialism, you ought to actually put all your money into supporting the Democrats. If you want opportunity, and lower taxes and less government, you're going to support Republicans."
  • Some major American companies, including Amazon and CNN's owner AT&T, have announced they will withhold PAC donations to those who objected to certifying the election results.
  • The donor revolt is "going to make every Republican's job that much harder," said Ken Spain, a GOP strategist. Spain said the corporate pushback now under way illustrates a fissure between corporate America and rank-and-file Republicans on issues such as free trade that has only grown wider in recent years.
  • "Lawmakers' actions leading up to and during last week's insurrection will weigh heavy in our evaluation of future support," said AFP CEO Emily Seidel in a statement.
  • "We will take into account the totality of what candidates and elected officials do, including the actions of last week, and importantly, the actions in the days ahead in determining whether or not we support them," said Neil Bradley, the chamber executive vice president, on Tuesday. "I actually want to be very clear: There are some members, who by their actions, will have forfeited the support of the US Chamber of Commerce."
  • Some major conservative donors have also focused their ire on the individual Republicans they view as having helped to instigate last week's events, particularly Hawley. Missouri businessman Sam Fox, who donated $300,000 to a super PAC that aided Hawley's election in 2018, said in a statement that the senator "can certainly forget about any support from me again" after last week's events.
  • The senator wrote an op-ed for the Southeast Missourian newspaper explaining why he continued to object after the violence in the Capitol. "The reason is simple: I will not bow to a lawless mob, or allow criminals to drown out the legitimate concerns of my constituents," Hawley wrote.
  • Dan Eberhart, an Arizona-based energy executive considering a bid against Democrat Sen. Mark Kelly in 2022, said, "I have been a big donor to Rick Scott in the past and plan to continue to be."
  • Eberhart said disaffected donors will "make up with Republicans pretty quickly" if the Democrats, who will soon control the White House and both chambers in Congress, "overreach" in their agenda. "Donors will want the counterweight that Republican provide. More money may go to the leadership PACs, but it will still go to Republicans if those are the policies donors support," he added.
  • After House Republicans picked up seats in 2020 and with the Senate split 50-50 -- and Vice President-elect Kamala Harris set to be the tiebreaker -- eyes will turn to next year's midterms. The party out of power typically does well in midterms, and in 2022, Senate Republicans will have more seats to defend than the Democrats, including in battleground states like Florida, Pennsylvania, North Carolina and Wisconsin.
  • But Trump and his legacy will continue to shape the perceptions of the party in the next election. Already, Ben Wikler, chair of the Democratic Party of Wisconsin, announced on Wednesday that the party is going up with a six-figure ad buy that blames Johnson for inciting the riot at the Capitol.
  • When asked if he blamed Trump for losing the Senate, Scott said, "My focus is on 'how do we go forward?' "
katherineharron

Donald Trump's impeachment trial set to rock Washington and echo through the ages - CNN... - 0 views

  • The simple question posed by Donald Trump's second impeachment trial that begins Tuesday is whether a president who loses reelection can get away with a violent coup attempt in a desperate bid to stay in power.
  • The answer contained in the former commander-in-chief's likely acquittal for inciting a deadly mob assault on the Capitol will echo through generations and may influence the outcome of some unknowable future test of US democracy.
  • Events of the next week or so will inform the country's capacity to move on from a traumatic presidency that left it as divided as at any time since the Civil War.
  • ...18 more annotations...
  • Even after his presidency ended, Washington is under siege from extremism, Trump's trashing of truth with false claims of election fraud and unhinged conspiracies that show the fight to save US democracy did not end on Inauguration Day.
  • A majority of Senate Republicans have indicated that they will not wrestle with Trump's behavior but will take refuge in a questionable argument that a President who was impeached while in office for seditious behavior cannot be tried after returning to private life.
  • That means there is a little chance of a two-thirds majority to convict Trump among 100 senators who will serve as jurors in the chamber that became a crime scene to which many of them were witnesses.
  • While the managers will likely fail to secure a prohibition on Trump serving in federal office in future, they hope to so damn him in public perception that a political comeback in 2024 will be impossible.
  • Video of Trump declaring to an angry crowd he had called to Washington on January 6 "if you don't fight like hell, we are not going to have a country anymore," followed by clips of rioters shouting "fight for Trump" as they smashed their way into the Capitol will have a powerful effect.
  • The price to be paid for deserting an ex-president who still dominates his party is being demonstrated by the backlash directed at 10 Republicans who voted to impeach in the House.
  • It's possible a handful of Senate Republicans will emulate Utah's Sen. Mitt Romney, the only member of his party to vote to convict Trump in his first trial. And Republican Rep. Adam Kinzinger of Illinois, who voted to impeach Trump, wrote an op-ed in The Washington Post Monday encouraging Senate Republicans to vote to convict Trump, saying it "is necessary to save America from going further down a sad, dangerous road."
  • The claim that a former president cannot be tried after being impeached relies on a hyper-literal reading of the Constitution. Trump's supporters argue the trial is moot since impeachment is about removing a President from office and Trump has already left power.
  • The trial will consume hours a day over the next few weeks, but it will be only one half of a compelling political story that is unfolding in Washington.Biden, three weeks into his term, is intensifying his efforts to stand up his administration and to rescue the country with vaccines before new variants of Covid-19 trigger another deadly wave of infections.
  • The new commander-in-chief has steered clear of impeachment drama, leaving it to the new Democratic leadership on Capitol Hill to plow ahead.
  • Trump's hurriedly overhauled impeachment defense team on Monday laid out their strategy in pre-trial briefs.
  • "This was only ever a selfish attempt by Democratic leadership in the House to prey upon the feelings of horror and confusion that fell upon all Americans across the entire political spectrum upon seeing the destruction at the Capitol on January 6 by a few hundred people," the lawyers wrote.
  • The Trump defense will also revive one of the long-held tropes of the ex-President's apologists -- that his aggressive rhetoric should be taken figuratively not literally, with a claim that his call for the mob to "fight like hell" was metaphorical.
  • His team has also posited, despite multiple lawsuits and certifications of votes by states and Congress, that there is no evidence to disprove his false claims of voter fraud -- so prolonging the Big Lie that the election was stolen from the former President.
  • In a counter filling on the eve of the trial on Monday, Democratic House impeachment managers accused Trump's defense of indulging in "contortions" to support his discredited claims of a "rigged" and "stolen" election.
  • "President Trump violated his Oath of Office and betrayed the American people," the brief said. "His incitement of insurrection against the United States government -- which disrupted the peaceful transfer of power -- is the most grievous constitutional crime ever committed by a president."
  • The trial will begin just a month after a now infamous day, when Trump greeted a huge crowd in Washington already primed for revolt by his weeks of false claims of election fraud. The subsequent invasion of the US Capitol during a joint session of Congress to certify Biden's election victory led to five deaths and saw Trump fans parading unimpeded through the halls of the iconic building as lawmakers fled to safety.
  • "He wanted something to disrupt the electoral vote count that would mean he would no longer be President of the United States," Conway said."None of that is protected by the First Amendment. It's a flat out violation of his oath of office and it's impeachable and he should be punished by being barred from ever holding future federal office."
Javier E

Opinion | America, China and a Crisis of Trust - The New York Times - 0 views

  • some eye-popping new realities about what’s really eating away at U.S.-China relations.
  • The new, new thing has a lot to do with the increasingly important role that trust, and its absence, plays in international relations, now that so many goods and services that the United States and China sell to one another are digital, and therefore dual use — meaning they can be both a weapon and a tool.
  • In the last 23 years America has built exactly one sort-of-high-speed rail line, the Acela, serving 15 stops between Washington, D.C., and Boston. Think about that: 900 to 15.
  • ...53 more annotations...
  • it is easy to forget how much we have in common as people. I can’t think of any major nation after the United States with more of a Protestant work ethic and naturally capitalist population than China.
  • These days, it is extremely difficult for a visiting columnist to get anyone — a senior official or a Starbucks barista — to speak on the record. It was not that way a decade ago.
  • The Communist Party’s hold is also a product of all the hard work and savings of the Chinese people, which have enabled the party and the state to build world-class infrastructure and public goods that make life for China’s middle and lower classes steadily better.
  • Beijing and Shanghai, in particular, have become very livable cities, with the air pollution largely erased and lots of new, walkable green spaces.
  • some 900 cities and towns in China are now served by high-speed rail, which makes travel to even remote communities incredibly cheap, easy and comfortable
  • Just when trust has become more important than ever between the U.S. and China, it also has become scarcer than ever. Bad trend.
  • China’s stability is a product of both an increasingly pervasive police state and a government that has steadily raised standards of living. It’s a regime that takes both absolute control and relentless nation-building seriously.
  • For an American to fly from New York’s Kennedy Airport into Beijing Capital International Airport today is to fly from an overcrowded bus terminal to a Disney-like Tomorrowland.
  • China got an early jump on A.I. in two realms — facial recognition technology and health records — because there are virtually no privacy restrictions on the government’s ability to build huge data sets for machine learning algorithms to find patterns.
  • “ChatGPT is prompting some people to ask if the U.S. is rising again, like in the 1990s,”
  • “I understand your feeling: You have been in the first place for a century, and now China is rising, and we have the potential to become the first — and that is not easy for you,” Hu said to me. But “you should not try to stop China’s development. You can’t contain China in the end. We are quite smart. And very diligent. We work very hard. And we have 1.4 billion people.”
  • Before the Trump presidency, he added: “We never thought China-U.S. relations would ever become so bad. Now we gradually accept the situation, and most Chinese people think there is no hope for better relations. We think the relationship will be worse and worse and hope that war will not break out between our two countries.”
  • A lot of people hesitated when I asked. Indeed, many would answer with some version of “I’m not sure, I just know that it’s THEIR fault.”
  • t was repeated conversations like these that got me started asking American, Chinese and Taiwanese investors, analysts and officials a question that has been nagging at me for a while: What exactly are America and China fighting about?
  • the real answer is so much deeper and more complex than just the usual one-word response — “Taiwan” — or the usual three-word response — “autocracy versus democracy.”
  • Let me try to peel back the layers. The erosion in U.S.-China relations is a result of something old and obvious — a traditional great-power rivalry between an incumbent power (us) and a rising power (China) — but with lots of new twists
  • One of the twists, though, is that this standard-issue great-power rivalry is occurring between nations that have become as economically intertwined as the strands of a DNA molecule. As a result, neither China nor America has ever had a rival quite like the other.
  • in modern times, China, like America, has never had to deal with a true economic and military peer with which it was also totally intertwined through trade and investment.
  • Another new twist, and a reason it’s hard to define exactly what we’re fighting about, has a lot to do with how this elusive issue of trust and the absence of it have suddenly assumed much greater importance in international affairs.
  • This is a byproduct of our new technological ecosystem in which more and more devices and services that we both use and trade are driven by microchips and software, and connected through data centers in the cloud and high-speed internet
  • so many more things became “dual use.” That is, technologies that can easily be converted from civilian tools to military weapons, or vice versa.
  • no one country or company can own the whole supply chain. You need the best from everywhere, and that supply chain is so tightly intertwined that each company has to trust the others intimately.
  • when we install the ability to sense, digitize, connect, process, learn, share and act into more and more things — from your GPS-enabled phone to your car to your toaster to your favorite app — they all become dual use, either weapons or tools depending on who controls the software running them and who owns the data that they spin off.
  • As long as most of what China sold us was shallow goods, we did not care as much about its political system — doubly so because it seemed for a while as if China was slowly but steadily becoming more and more integrated with the world and slightly more open and transparent every year. So, it was both easy and convenient to set aside some of our worries about the dark sides of its political system.
  • when you want to sell us ‘deep goods’ — goods that are dual use and will go deep into our homes, bedrooms, industries, chatbots and urban infrastructure — we don’t have enough trust to buy them. So, we are going to ban Huawei and instead pay more to buy our 5G telecom systems from Scandinavian companies we do trust: Ericsson and Nokia.”
  • as we’ve seen in Ukraine, a smartphone can be used by Grandma to call the grandkids or to call a Ukrainian rocket-launching unit and give it the GPS coordinates of a Russian tank in her backyard.
  • So today, the country or countries that can make the fastest, most powerful and most energy efficient microchips can make the biggest A.I. computers and dominate in economics and military affairs.
  • As more and more products and services became digitized and electrified, the microchips that powered everything became the new oil. What crude oil was to powering 19th- and 20th-century economies, microchips are for powering 21st-century economies.
  • When you ask them what is the secret that enables TSMC to make 90 percent of the world’s most advanced logic chips — while China, which speaks the same language and shares the same recent cultural history, makes zero — their answer is simple: “trust.”
  • TSMC is a semiconductor foundry, meaning it takes the designs of the most advanced computer companies in the world — Apple, Qualcomm, Nvidia, AMD and others — and turns the designs into chips that perform different processing functions
  • TSMC makes two solemn oaths to its customers: TSMC will never compete against them by designing its own chips and it will never share the designs of one of its customers with another.
  • “Our business is to serve multiple competitive clients,” Kevin Zhang, senior vice president for business development at TSMC, explained to me. “We are committed not to compete with any of them, and internally our people who serve customer A will never leak their information to customer C.”
  • But by working with so many trusted partners, TSMC leverages the partners’ steadily more complex designs to make itself better — and the better it gets, the more advanced designs it can master for its customers. This not only requires incredibly tight collaboration between TSMC and its customers, but also between TSMC and its roughly 1,000 critical local and global suppliers.
  • As the physics of chip making gets more and more extreme, “the investment from customers is getting bigger and bigger, so they have to work with us more closely to make sure they harvest as much [computing power] as they can. They have to trust you.”
  • China also has a foundry, Semiconductor Manufacturing International Corporation, which is partly state-owned. But guess what? Because no global chip designers trust SMIC with their most advanced designs, it is at least a decade behind TSMC.
  • It’s for these reasons that the erosion in U.S.-China relations goes beyond our increasingly sharp disagreements over Taiwan. It is rooted in the fact that just when trust, and its absence, became much bigger factors in international affairs and commerce, China changed its trajectory. It made itself a less trusted partner right when the most important technology for the 21st century — semiconductors — required unprecedented degrees of trust to manufacture and more and more devices and services became deep and dual use.
  • when American trade officials said: “Hey, you need to live up to your W.T.O. commitments to restrict state-funding of industries,” China basically said: “Why should we live by your interpretation of the rules? We are now big enough to make our own interpretations. We’re too big; you’re too late.”
  • Combined with China’s failure to come clean on what it knew about the origins of Covid-19, its crackdown on democratic freedoms in Hong Kong and on the Uyghur Muslim minority in Xinjiang, its aggressive moves to lay claim to the South China Sea, its increasing saber rattling toward Taiwan, its cozying up to Vladimir Putin (despite his savaging of Ukraine), Xi’s moves toward making himself president for life, his kneecapping of China’s own tech entrepreneurs, his tighter restrictions on speech and the occasional abduction of a leading Chinese businessman — all of these added up to one very big thing: Whatever trust that China had built up with the West since the late 1970s evaporated at the exact moment in history when trust, and shared values, became more important than ever in a world of deep, dual-use products driven by software, connectivity and microchips.
  • it started to matter a lot more to Western nations generally and the United States in particular that this rising power — which we were now selling to or buying from all sorts of dual-use digital devices or apps — was authoritarian.
  • eijing, for its part, argues that as China became a stronger global competitor to America — in deep goods like Huawei 5G — the United States simply could not handle it and decided to use its control over advanced semiconductor manufacturing and other high-tech exports from America, as well as from our allies, to ensure China always remained in our rearview mirror
  • Beijing came up with a new strategy, called “dual circulation.” It said: We will use state-led investments to make everything we possibly can at home, to become independent of the world. And we will use our manufacturing prowess to make the world dependent on our exports.
  • Chinese officials also argue that a lot of American politicians — led by Trump but echoed by many in Congress — suddenly seemed to find it very convenient to put the blame for economic troubles in the U.S.’s middle class not on any educational deficiencies, or a poor work ethic, or automation or the 2008 looting by financial elites, and the crisis that followed, but on China’s exports to the United States.
  • As Beijing sees it, China not only became America’s go-to boogeyman, but in their frenzy to blame Beijing for everything, members of Congress started to more recklessly promote Taiwan’s independence.
  • Xi told President Biden at their summit in Bali in November, in essence: I will not be the president of China who loses Taiwan. If you force my hand, there will be war. You don’t understand how important this is to the Chinese people. You’re playing with fire.
  • at some level Chinese officials now understand that, as a result of their own aggressive actions in recent years on all the fronts I’ve listed, they have frightened both the world and their own innovators at precisely the wrong time.
  • I don’t buy the argument that we are destined for war. I believe that we are doomed to compete with each other, doomed to cooperate with each other and doomed to find some way to balance the two. Otherwise we are both going to have a very bad 21st century.
  • I have to say, though, Americans and Chinese remind me of Israelis and Palestinians in one respect: They are both expert at aggravating the other’s deepest insecurities.
  • China’s Communist Party is now convinced that America wants to bring it down, which some U.S. politicians are actually no longer shy about suggesting. So, Beijing is ready to crawl into bed with Putin, a war criminal, if that is what it takes to keep the Americans at bay.
  • Americans are now worried that Communist China, which got rich by taking advantage of a global market shaped by American rules, will use its newfound market power to unilaterally change those rules entirely to its advantage. So we’ve decided to focus our waning strength vis-à-vis Beijing on ensuring the Chinese will always be a decade behind us on microchips.
  • I don’t know what is sufficient to reverse these trends, but I think I know what is necessary.
  • If it is not the goal of U.S. foreign policy to topple the Communist regime in China, the United States needs to make that crystal clear, because I found a lot more people than ever before in Beijing think otherwise.
  • As for China, it can tell itself all it wants that it has not taken a U-turn in recent years. But no one is buying it. China will never realize its full potential — in a hyper-connected, digitized, deep, dual-use, semiconductor-powered world — unless it understands that establishing and maintaining trust is now the single most important competitive advantage any country or company can have. And Beijing is failing in that endeavor.
  • In his splendid biography of the great American statesman George Shultz, Philip Taubman quotes one of Shultz’s cardinal rules of diplomacy and life: “Trust is the coin of the realm.”
Javier E

What sort of Toryism will emerge from this fractious upheaval? | Eliza Filby | Opinion ... - 0 views

  • . A new Conservative government will soon emerge, one that has a parliamentary majority and will be faced with a Labour party that is either in the process of disintegrating or reeling from the shockwaves of internal turmoil
  • The Conservative government will charge forward with reform concurrent with the European negotiations so as to avoid the next election being simply a referendum on the Brexit settlement.
  • The key question is whether anything has happened in the last seven days to rupture the Osborne-Cameron consensus? Is there still a one-nation will existing within the party?
  • ...15 more annotations...
  • Under David Cameron, the Tories came to rediscover what Labour seems to have forgotten, namely that elections are fought and won on the centre ground. It is possible to nudge the dial a little, but victory can only be achieved by straddling the centre while appeasing your core.
  • this is a lesson that is deep rooted within the party. One of Cameron’s greatest strengths was his longevity; as leader for over a decade, he was able to make significant progress in reshaping the parliamentary party in his own image
  • One of the outcomes of the referendum has been to prompt a new realignment within the party. The old Thatcherite v one-nation split, which admittedly has long been on the wane, has now firmly recrystallised around the new labels of Remainer and Leaver. So the present leadership contest is essentially a battle between one-nation Conservatives with only Liam Fox, the stand-alone candidate from the old school.
  • It will be one-nation Tories who will be in charge of making Brexit a reality.
  • Brexit can only be part of the solution. An agenda of social reform, which addresses some of the frustrations and divisions that the vote unmasked, is politically necessar
  • the referendum debate has provided the rationale and opportunity (given Labour’s dire state) for Cameron Conservatism to be fully realised.
  • First, it requires a more robust one-nation vision. One that moves away from offering cosy reassurances to metropolitan liberals that the Conservatives are no longer the “nasty party” (which was essentially what legalising gay marriage did) to one that addresses the concerns of those in Britain’s deindustralised heartlands
  • , a one-nation Conservative agenda cannot be seen to enact a divide, as much of Thatcher’s social reform did, between the deserving and undeserving poor or, worse, heed the Ukip agenda, creating a division between immigrants and the indigenous population.
  • When Conservatives such as Gove talk about social reform, they tend to centre on the individual, policies that help people realise their potential through opportunity. But surely, if the referendum has revealed anything, political capital needs to be realised at a community rather than individual level.
  • Second, the fate of whoever wins the leadership will depend almost entirely on how he or she negotiates Brexit and specifically, what is crucially the central plank of the deal – the balancing of freedom of movement with the freedom to trade. This will not be easy
  • If people start feeling that Brexit has not worked for them and do not soon see increases in wages, improved access to social services and a restriction on immigration then the political backlash will begin in earnest
  • If the public gets any whiff of a whitewash or if the government is seen to have sold Britain short in any way, the narrative of the “Great Betrayal” will be scripted long before the election.
  • Third, the fortunes of one-nation Conservatism will depend largely on the fortunes of the Labour party.
  • if under new leadership, Labour was somehow able to resuscitate itself and make a direct charge for the centre ground, a credible revival is still possible.
  • Cameron inadvertently has achieved his chief goal: to stop the Tories banging on about Europe.
Javier E

The future of jobs: The onrushing wave | The Economist - 0 views

  • drudgery may soon enough give way to frank unemployment. There is already a long-term trend towards lower levels of employment in some rich countries. The proportion of American adults participating in the labour force recently hit its lowest level since 1978
  • In a recent speech that was modelled in part on Keynes’s “Possibilities”, Larry Summers, a former American treasury secretary, looked at employment trends among American men between 25 and 54. In the 1960s only one in 20 of those men was not working. According to Mr Summers’s extrapolations, in ten years the number could be one in seven.
  • A 2013 paper by Carl Benedikt Frey and Michael Osborne, of the University of Oxford, argued that jobs are at high risk of being automated in 47% of the occupational categories into which work is customarily sorted. That includes accountancy, legal work, technical writing and a lot of other white-collar occupations.
  • ...19 more annotations...
  • The impacts of technological change take their time appearing. They also vary hugely from industry to industry. Although in many simple economic models technology pairs neatly with capital and labour to produce output, in practice technological changes do not affect all workers the same way. Some find that their skills are complementary to new technologies. Others find themselves out of work.
  • The case for a highly disruptive period of economic growth is made by Erik Brynjolfsson and Andrew McAfee, professors at MIT, in “The Second Machine Age”, a book to be published later this month. Like the first great era of industrialisation, they argue, it should deliver enormous benefits—but not without a period of disorienting and uncomfortable change
  • Their argument rests on an underappreciated aspect of the exponential growth in chip processing speed, memory capacity and other computer metrics: that the amount of progress computers will make in the next few years is always equal to the progress they have made since the very beginning. Mr Brynjolfsson and Mr McAfee reckon that the main bottleneck on innovation is the time it takes society to sort through the many combinations and permutations of new technologies and business models.
  • A startling progression of inventions seems to bear their thesis out. Ten years ago technologically minded economists pointed to driving cars in traffic as the sort of human accomplishment that computers were highly unlikely to master. Now Google cars are rolling round California driver-free
  • Even after computers beat grandmasters at chess (once thought highly unlikely), nobody thought they could take on people at free-form games played in natural language. Then Watson, a pattern-recognising supercomputer developed by IBM, bested the best human competitors in America’s popular and syntactically tricksy general-knowledge quiz show “Jeopardy!” Versions of Watson are being marketed to firms
  • Text-mining programs will displace professional jobs in legal services. Biopsies will be analysed more efficiently by image-processing software than lab technicians. Accountants may follow travel agents and tellers into the unemployment line as tax software improves. Machines are already turning basic sports results and financial data into good-enough news stories.
  • A taxi driver will be a rarity in many places by the 2030s or 2040s. That sounds like bad news for journalists who rely on that most reliable source of local knowledge and prejudice—but will there be many journalists left to care? Will there be airline pilots? Or traffic cops? Or soldiers?
  • Tyler Cowen, an economist at George Mason University and a much-read blogger, writes in his most recent book, “Average is Over”, that rich economies seem to be bifurcating into a small group of workers with skills highly complementary with machine intelligence, for whom he has high hopes, and the rest, for whom not so much.
  • the second machine age will make such trial and error easier. It will be shockingly easy to launch a startup, bring a new product to market and sell to billions of global consumers (see article). Those who create or invest in blockbuster ideas may earn unprecedented returns as a result.
  • Thomas Piketty, an economist at the Paris School of Economics, argues along similar lines that America may be pioneering a hyper-unequal economic model in which a top 1% of capital-owners and “supermanagers” grab a growing share of national income and accumulate an increasing concentration of national wealth
  • The rise of the middle-class—a 20th-century innovation—was a hugely important political and social development across the world. The squeezing out of that class could generate a more antagonistic, unstable and potentially dangerous politics.
  • The current doldrum in wages may, like that of the early industrial era, be a temporary matter, with the good times about to roll (see chart 3). These jobs may look distinctly different from those they replace. Just as past mechanisation freed, or forced, workers into jobs requiring more cognitive dexterity, leaps in machine intelligence could create space for people to specialise in more emotive occupations, as yet unsuited to machines: a world of artists and therapists, love counsellors and yoga instructors.
  • though growth in areas of the economy that are not easily automated provides jobs, it does not necessarily help real wages. Mr Summers points out that prices of things-made-of-widgets have fallen remarkably in past decades; America’s Bureau of Labour Statistics reckons that today you could get the equivalent of an early 1980s television for a twentieth of its then price,
  • owever, prices of things not made of widgets, most notably college education and health care, have shot up
  • As innovation continues, automation may bring down costs in some of those stubborn areas as well, though those dominated by scarcity—such as houses in desirable places—are likely to resist the trend, as may those where the state keeps market forces at bay. But if innovation does make health care or higher education cheaper, it will probably be at the cost of more jobs, and give rise to yet more concentration of income.
  • Adaptation to past waves of progress rested on political and policy responses. The most obvious are the massive improvements in educational attainment brought on first by the institution of universal secondary education and then by the rise of university attendance. Policies aimed at similar gains would now seem to be in order. But as Mr Cowen has pointed out, the gains of the 19th and 20th centuries will be hard to duplicate.
  • Boosting the skills and earning power of the children of 19th-century farmers and labourers took little more than offering schools where they could learn to read, write and do algebra. Pushing a large proportion of college graduates to complete graduate work successfully will be harder and more expensive. Perhaps cheap and innovative online education will indeed make new attainment possible. But as Mr Cowen notes, such programmes may tend to deliver big gains only for the most conscientious students.
  • Everyone should be able to benefit from productivity gains—in that, Keynes was united with his successors. His worry about technological unemployment was mainly a worry about a “temporary phase of maladjustment” as society and the economy adjusted to ever greater levels of productivity
  • However, society may find itself sorely tested if, as seems possible, growth and innovation deliver handsome gains to the skilled, while the rest cling to dwindling employment opportunities at stagnant wages.
Javier E

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

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

On Grand Strategy (John Lewis Gaddis) - 0 views

  • minds. Ordinary experience, he pointed out, is filled with “ends equally ultimate . . . , the realization of some of which must inevitably involve the sacrifice of others.” The choices facing us are less often between stark alternatives—good versus evil, for instance—than between good things we can’t have simultaneously. “One can save one’s soul, or one can found or maintain or serve a great and glorious State,” Berlin wrote, “but not always both at once.”
  • We resolve these dilemmas by stretching them over time. We seek certain things now, put off others until later, and regard still others as unattainable. We select what fits where, and then decide which we can achieve when. The process can be difficult: Berlin emphasized the “necessity and agony of choice.” But if such choices were to disappear, he added, so too would “the freedom to choose,” and hence liberty itself.24
  • only narratives can show dilemmas across time. It’s not enough to display choices like slivers on a microscope slide. We need to see change happen, and we can do that only by reconstituting the past as histories, biographies, poems, plays, novels, or films. The best of these sharpen and shade simultaneously: they compress what’s happening in order to clarify, even as they blur, the line between instruction and entertainment. They are, in short, dramatizations. And a fundamental requirement of these is never to bore.
  • ...74 more annotations...
  • When Thaddeus Stevens (Tommy Lee Jones) asks the president how he can reconcile so noble an aim with such malodorous methods, Lincoln recalls what his youthful years as a surveyor taught him: [A] compass . . . [will] point you true north from where you’re standing, but it’s got no advice about the swamps and deserts and chasms
  • chasms that you’ll encounter along the way. If in pursuit of your destination, you plunge ahead, heedless of obstacles, and achieve nothing more than to sink in a swamp . . . , [then] what’s the use of knowing true north?
  • The real Lincoln, as far as I know, never said any of this, and the real Berlin, sadly, never got to see Spielberg’s film. But Tony Kushner’s screenplay shows Fitzgerald’s linkage of intelligence, opposing ideas, and the ability to function: Lincoln keeps long-term aspirations and immediate necessities in mind at the same time. It reconciles Berlin’s foxes and hedgehogs with his insistence on the inevitability—and the unpredictability—of choice:
  • Whether we approach reality from the top down or the bottom up, Tolstoy seems to be saying, an infinite number of possibilities exist at an indeterminate number of levels, all simultaneously. Some are predictable, most aren’t, and only dramatization—free from the scholar’s enslavement to theory and archives—can begin to represent them.
  • what is “training,” as Clausewitz understands it? It’s being able to draw upon principles extending across time and space, so that you’ll have a sense of what’s worked before and what hasn’t. You then apply these to the situation at hand: that’s the role of scale. The result is a plan, informed by the past, linked to the present, for achieving some future goal.
  • I think he’s describing here an ecological sensitivity that equally respects time, space, and scale. Xerxes never had it, despite Artabanus’ efforts. Tolstoy approximated it, if only in a novel. But Lincoln—who lacked an Artabanus and who didn’t live to read War and Peace—seems somehow to have achieved it, by way of a common sense that’s uncommon among great leaders.
  • It’s worth remembering also that Lincoln—and Shakespeare—had a lifetime to become who they were. Young people today don’t, because society so sharply segregates general education, professional training, ascent within an organization, responsibility for it, and then retirement.
  • This worsens a problem Henry Kissinger identified long ago: that the “intellectual capital” leaders accumulate prior to reaching the top is all they’ll be able to draw on while at the top.37 There’s less time now than Lincoln had to learn anything new.
  • A gap has opened between the study of history and the construction of theory, both of which are needed if ends are to be aligned with means. Historians, knowing that their field rewards specialized research, tend to avoid the generalizations
  • Theorists, keen to be seen as social “scientists,” seek “reproducibility” in results: that replaces complexity with simplicity in the pursuit of predictability. Both communities neglect relationships between the general and the particular—between universal and local knowledge—that nurture strategic thinking.
  • concrete events in time and space—the sum of the actual experience of actual men and women in their relation to one another and to an actual three-dimensional, empirically experienced, physical environment—this alone contained the truth,
  • Collaboration, in theory, could have secured the sea and the land from all future dangers. That would have required, though, the extension of trust, a quality with strikingly shallow roots in the character of all Greeks.
  • The only solution then is to improvise, but this is not just making it up as you go along. Maybe you’ll stick to the plan, maybe you’ll modify it, maybe you’ll scrap it altogether. Like Lincoln, though, you’ll know your compass heading, whatever the unknowns that lie between you and your destination. You’ll have in your mind a range of options for dealing with these, based—as if from Machiavelli—upon hard-won lessons from those who’ve gone before.
  • The past and future are no more equivalent, in Thucydides, than are capabilities and aspirations in strategy—they are, however, connected.
  • The past we can know only from imperfect sources, including our own memories. The future we can’t know, other than that it will originate in the past but then depart from it. Thucydides’ distinction between resemblance and reflection—between patterns surviving across time and repetitions degraded by time—aligns the asymmetry, for it suggests that the past prepares us for the future only when, however imperfectly, it transfers. Just as capabilities restrict aspirations to what circumstances will allow.
  • Insufficiency demands indirection, and that, Sun Tzu insists, requires maneuver: [W]hen capable, feign incapacity; when active, inactivity. When near, make it appear that you are far; when far away, that you are near. Offer an enemy a bait to lure him; feign disorder and strike him. . . . When he concentrates, prepare against him; where he is strong, avoid him. . . . Pretend inferiority and encourage his arrogance. . . . Keep him under a strain and wear him down. Opposites held in mind simultaneously, thus, are “the strategist’s keys to victory.”
  • it was Pericles who, more than anyone else, unleashed the Peloponnesian War—the unintended result of constructing a culture to support a strategy.
  • By the mid-450s Pericles, who agreed, had finished the walls around Athens and Piraeus, allowing total reliance on the sea in any future war. The new strategy made sense, but it made the Athenians, as Thucydides saw, a different people. Farmers, traditionally, had sustained Athens: their fields and vineyards supplied the city in peacetime, and their bodies filled the ranks of its infantry and cavalry when wars came. Now, though, their properties were expendable and their influence diminished.
  • If Athens were to rely upon the ardor of individuals, then it would have to inspire classes within the city and peoples throughout the empire—even as it retained the cohesiveness of its rival Sparta, still in many ways a small town.
  • Pericles used his “funeral oration,” delivered in Athens at the end of the Peloponnesian War’s first year, to explain what he hoped for. The dead had given their lives, he told the mourners, for the universality of Athenian distinctiveness: Athens imitated no one, but was a pattern for everyone. How, though, to reconcile these apparent opposites? Pericles’ solution was to connect scale, space, and time: Athenian culture would appeal to the city, the empire, and the ages.
  • The city had acquired its “friends,” Pericles acknowledged, by granting favors, “in order by continued kindness to keep the recipient in [its] debt; while the debtor [knows] that the return he makes will be a payment, not a free gift.” Nevertheless, the Athenians had provided these benefits “not from calculations of expediency, but in the confidence of liberality.” What he meant was that Athens would make its empire at once more powerful and more reassuring than that of any rival.
  • It could in this way project democracy across cultures because insecure states, fearing worse, would freely align with Athens.22 Self-interest would become comfort and then affinity.
  • The Athenians’ strategy of walling their cities, however, had reshaped their character, obliging them restlessly to roam the world. Because they had changed, they would have to change others—that’s what having an empire means—but how many, to what extent, and by what means? No one, not even Pericles, could easily say.
  • Equality, then, was the loop in Pericles’ logic. He saw both it and empire as admirable, but was slow to sense that encouraging one would diminish the other.
  • Like Lincoln, Pericles looked ahead to the ages. He even left them monuments and sent them messages. But he didn’t leave behind a functional state: it would take well over two millennia for democracy again to become a model with mass appeal.
  • as Thucydides grimly observes, war “brings most men’s character to a level with their fortunes.”
  • “Island” strategies require steady nerves. You have to be able to watch smoke rise on horizons you once controlled without losing your own self-confidence, or shaking that of allies, or strengthening that of adversaries.
  • For the abstractions of strategy and the emotions of strategists can never be separated: they can only be balanced. The weight attached to each, however, will vary with circumstances. And the heat of emotions requires only an instant to melt abstractions drawn from years of cool reflection.
  • if credibility is always in doubt, then capabilities must become infinite or bluffs must become routine. Neither approach is sustainable: that’s why walls exist in the first place.
  • he encouraged his readers to seek “knowledge of the past as an aid to the understanding of the future, which in the course of human things must resemble if it does not reflect it.” For without some sense of the past the future can be only loneliness: amnesia is a solitary affliction.
  • But to know the past only in static terms—as moments frozen in time and space—would be almost as disabling, because we’re the progeny of progressions across time and space that shift from small scales to big ones and back again. We know these through narratives, whether historical or fictional or a combination of both.
  • No one can anticipate everything that might happen. Sensing possibilities, though, is better than having no sense at all of what to expect. Sun Tzu seeks sense—even common sense—by tethering principles, which are few, to practices, which are many.
  • Clausewitz’s concept of training, however, retains its relevance. It’s the best protection we have against strategies getting stupider as they become grander, a recurring problem in peace as well as war. It’s the only way to combine the apparent opposites of planning and improvisation: to teach the common sense that comes from knowing when to be a hedgehog and when a fox.
  • Victories must connect: otherwise they won’t lead anywhere. They can’t be foreseen, though, because they arise from unforeseen opportunities. Maneuvering, thus, requires planning, but also improvisation. Small triumphs in a single arena set up larger ones elsewhere, allowing weaker contenders to become stronger.
  • The actions of man, Kennan concluded, “are governed not so much by what he intellectually believes as by what he vividly realizes.”
  • Nor is it clear, even now, whether Christianity caused Rome’s “fall”—as Gibbon believed—or—as the legacies of Augustus suggest—secured Rome’s institutional immortalities. These opposites have shaped “western” civilization ever since. Not least by giving rise to two truly grand strategies, parallel in their purposes but devised a thousand years apart
  • Augustine shows that reality always falls short of the ideal: one can strive toward it, but never expect to achieve it. Seeking, therefore, is the best man can manage in a fallen world, and what he seeks is his choice. Nevertheless, not all ends are legitimate; not all means are appropriate. Augustine seeks, therefore, to guide choice by respecting choice. He does this through an appeal to reason: one might even say to common sense.
  • A peaceful faith—the only source of justice for Christians—can’t flourish without protection, whether through toleration, as in pre-Constantine Rome, or by formal edict, as afterward.20 The City of God is a fragile structure within the sinful City of Man. It’s this that leads Christians to entrust authority to selected sinners—we call it “politics”—and Augustine, for all his piety, is a political philosopher.
  • Augustine concluded that war, if necessary to save the state, could be a lesser evil than peace—and that the procedural prerequisites for necessity could be stated. Had provocation occurred? Had competent authority exhausted peaceful alternatives? Would the resort to violence be a means chosen, not an end in itself? Was the expenditure of force proportionate to its purposes, so that it wouldn’t destroy what it was meant to defend?
  • No one before Augustine, however, had set standards to be met by states in choosing war. This could be done only within an inclusionary monotheism, for only a God claiming universal authority could judge the souls of earthly rulers. And only Augustine, in his era, spoke so self-confidently for Him. The
  • Augustine’s great uncertainty was the status of souls in the City of Man, for only the fittest could hope to enter the City of God. Pre-Christian deities had rarely made such distinctions: the pagan afterlife was equally grim for heroes, scoundrels, and all in between.25 Not so, though, with the Christian God: behavior in life would make a huge difference in death. It was vital, then, to fight wars within rules. The stakes could hardly be higher.
  • Alignment, in turn, implies interdependence. Justice is unattainable in the absence of order, peace may require the fighting of wars, Caesar must be propitiated—perhaps even, like Constantine, converted—if man is to reach God. Each capability brings an aspiration within reach, much as Sun Tzu’s practices tether his principles, but what’s the nature of the tether? I think it’s proportionality: the means employed must be appropriate to—or at least not corrupt—the end envisaged. This, then, is Augustine’s tilt: toward a logic of strategy transcending time, place, culture, circumstance, and the differences between saints and sinners.
  • a more revealing distinction may lie in temperament: to borrow from Milan Kundera,37 Machiavelli found “lightness of being” bearable. For Augustine—perhaps because traumatized as a youth by a pear tree—it was unendurable.
  • “I judge that it might be true that fortune is arbiter of half our actions, but also that she leaves the other half, or close to it, for us to govern.” Fifty percent fortune, fifty percent man—but zero percent God. Man is, however precariously, on his own.
  • States, Machiavelli suggests, operate similarly. If governed badly, men’s rapacity will soon overwhelm them, whether through internal rebellion or external war. But if run with virtù—his untranslatable term for planning without praying40—states can constrain, if not in all ways control, the workings of fortune, or chance. The skills needed are those of imitation, adaptation, and approximation.
  • Machiavelli commends the study of history, “for since men almost always walk on paths beaten by others and proceed in their actions by imitation . . . , a prudent man should always enter upon the paths beaten by great men, and imitate those who have been most excellent, so that if his own virtue does not reach that far, it is at least in the odor of it.”
  • What, then, to do? It helped that Machiavelli and Berlin had lightness of being, for their answer is the same: don’t sweat it. Learn to live with the contradictions. Machiavelli shows “no trace of agony,” Berlin points out, and he doesn’t either:
  • Eternal truths have little to do with any of this, beyond the assurance that circumstances will change. Machiavelli knows, as did Augustine, that what makes sense in one situation may not in the next. They differ, though, in that Machiavelli, expecting to go to Hell, doesn’t attempt to resolve such disparities. Augustine, hoping for Heaven, feels personally responsible for them. Despite his afflictions, Machiavelli often sees comedy.42 Despite his privileges, Augustine carries a tragic burden of guilt. Machiavelli sweats, but not all the time. Augustine never stops.
  • “Lightness of being,” then, is the ability, if not to find the good in bad things, then at least to remain afloat among them, perhaps to swim or to sail through them, possibly even to take precautions that can keep you dry. It’s not to locate logic in misfortunes, or to show that they’re for the best because they reflect God’s will.
  • Augustine and Machiavelli agree that wars should be fought—indeed that states should be run—by pre-specifiable procedures. Both know that aspirations aren’t capabilities. Both prefer to connect them through checklists, not commandments.43
  • Augustine admits, which is why good men may have to seek peace by shedding blood. The greater privilege, however, is to avert “that calamity which others are under the necessity of producing.” Machiavelli agrees, but notes that a prince so infrequently has this privilege that if he wishes to remain in power he must “learn to be able not to be good,” and to use this proficiency or not use it “according to necessity.”51 As fits man’s fallen state, Augustine sighs. As befits man, Machiavelli simplifies.
  • As Machiavelli’s finest translator has put it: “[J]ustice is no more reasonable than what a person’s prudence tells him he must acquire for himself, or must submit to, because men cannot afford justice in any sense that transcends their own preservation.”53
  • princes need advisers. The adviser can’t tell the prince what to do, but he can suggest what the prince should know. For Machiavelli this means seeking patterns—across time, space, and status—by shifting perspectives. “[J]ust as those who sketch landscapes place themselves down in the plain to consider the nature of mountains . . . and to consider the nature of low places place themselves high atop mountains,
  • Machiavelli embraces, then, a utilitarian morality: you proportion your actions to your objective, not to progress from one nebulous city to another, but because some things have been shown to work and others haven’t.60
  • Who, then, will oversee them? They’ll do it themselves, Machiavelli replies, by balancing power. First, there’ll be a balance among states, unlike older Roman and Catholic traditions of universality. Machiavelli anticipates the statecraft of Richelieu, Metternich, Bismarck,
  • But Machiavelli understands balancing in a second and subtler sense, conveyed more explicitly in The Discourses than in The Prince: [I]t is only in republics that the common good is looked to properly in that all that promotes it is carried out; and, however much this or that private person may be the loser on this account, there are so many who benefit thereby that the common good can be realized in spite of those few who suffer in consequence.64 This idea of an internal equilibrium within which competition strengthens community wouldn’t appear again until Adam Smith unveiled an “invisible hand” in The Wealth of Nations (1776), until the American Founding Fathers drafted and in The Federalist justified constitutional checks and balances (1787–88), and until Immanuel Kant linked republics, however distantly, with Perpetual Peace (1795).
  • Machiavelli’s great transgression, Berlin concluded, was to confirm what everyone knows but no one will admit: that ideals “cannot be attained.” Statecraft, therefore, can never balance realism against idealism: there are only competing realisms. There is no contest, in governing, between politics and morality: there is only politics. And no state respects Christian teaching on saving souls. The incompatibilities are irreconcilable. To deny this is, in Berlin’s words but in Machiavelli’s mind, to “vacillate, fall between two stools, and end in weakness and failure.”
  • And approximation? “[P]rudent archers,” Machiavelli points out, knowing the strength of their bow, “set their aim much higher than the place intended, not to reach such height with their arrow, but to be able with the aid of so high an aim to achieve their plan.”41 For there will be deflection—certainly from gravity, perhaps from wind, who knows from what else? And the target itself will probably be moving.
  • Augustine’s City of God no longer exists on earth. The City of Man, which survives, has no single path to salvation. “[T]he belief that the correct, objectively valid solution to the question of how men should live can in principle be discovered,” Berlin finds, “is itself in principle not true.” Machiavelli thus split open the rock “upon which Western beliefs and lives had been founded.” It was he “who lit the fatal fuse.”
  • Machiavelli’s blood ran colder than was ordinary: he praised Cesare Borgia, for example, and he refused to condemn torture despite having suffered it (Augustine, never tortured, took a similar position).75 Machiavelli was careful, however, to apportion enormities: they should only forestall greater horrors—violent revolution, defeat in war, descent into anarchy, mass killing, or what we would today call “genocide.”
  • Berlin sees in this an “economy of violence,” by which he means holding a “reserve of force always in the background to keep things going in such a way that the virtues admired by [Machiavelli] and by the classical thinkers to whom he appeals can be protected and allowed to flower.”76 It’s no accident that Berlin uses the plural. For it comes closer than the singular, in English, to Machiavelli’s virtù, implying no single standard by which men must live.
  • “[T]here are many different ends that men may seek and still be fully rational,” Berlin insists, “capable of understanding . . . and deriving light from each other.” Otherwise, civilizations would exist in “impenetrable bubble[s],” incomprehensible to anyone on the outside. “Intercommunication between cultures in time and space is possible only because what makes men human is common to them, and acts as a bridge between them. But our values are ours, and theirs are theirs.”
  • Perhaps there are other worlds in which all principles are harmonized, but “it is on earth that we live, and it is here that we must believe and act.”77 By shattering certainty, Machiavelli showed how. “[T]he dilemma has never given men peace since it came to light,” Berlin lightly concludes, “but we have learnt to live with it.”
  • Posterity has long regarded Augustine and Machiavelli as pivots in the history of “western” thought because each, with enduring effects, shifted long-standing relationships between souls and states.
  • Philip promises obedience to God, not his subjects. Elizabeth serves her subjects, fitting God to their interests. The king, looking to Heaven, venerates. The queen, feet on earth, calculates. The differences test the ideas of Augustine and Machiavelli against the demands of statecraft at the dawn of the modern age.
  • Relishing opposites, the queen was constant only in her patriotism, her insistence on keeping ends within means, and her determination—a requirement for pivoting—never to be pinned down.
  • Pivoting requires gyroscopes, and Elizabeth’s were the best of her era. She balanced purposefulness with imagination, guile, humor, timing, and an economy in movement that, however extravagant her display, kept her steady on the tightrope she walked.
  • Machiavelli, thinking gyroscopically, advised his prince to be a lion and a fox, the former to frighten wolves, the latter to detect snares. Elizabeth went him one better by being lion, fox, and female, a combination the crafty Italian might have learned to appreciate. Philip was a grand lion, but he was only a lion.
  • princes can through conscientiousness, Machiavelli warned, become trapped. For a wise ruler “cannot observe faith, nor should he, when such observance turns against him, and the causes that made him promise have been eliminated. . . . Nor does a prince ever lack legitimate causes to color his failure to observe faith.”46
  • What we like to recall as the Elizabethan “golden age” survived only through surveillance and terror: that was another of its contradictions, maintained regretfully with resignation.
  • The queen’s instincts were more humane than those of her predecessors, but too many contemporaries were trying to kill her. “Unlike her sister, Elizabeth never burned men for their faith,” her recent biographer Lisa Hilton has written. “She tortured and hanged them for treason.”60 Toleration, Machiavelli might have said, had turned against Elizabeth. She wanted to be loved—who wouldn’t? It was definitely safer for princes, though, to be feared.
  • “The failure of the Spanish Armada,” Geoffrey Parker has argued, “laid the American continent open to invasion and colonization by northern Europeans, and thus made possible the creation of the United States.” If that’s right, then the future pivoted on a single evening—August 7, 1588—owing to a favorable wind, a clever lord admiral, and a few fiery ships. Had he succeeded, Philip would have required Elizabeth to end all English voyages to America.4
  • In contrast to Spain’s “new world” colonies—and to the territories that France, more recently, had claimed (but barely settled) along the banks of the St. Lawrence, the Great Lakes, and the Ohio and Mississippi rivers—British America “was a society whose political and administrative institutions were more likely to evolve from below than to be imposed from above.”10 That made it a hodgepodge, but also a complex adaptive system.
  • The principles seem at odds—how can supremacies share?—but within that puzzle, the modern historian Robert Tombs has suggested, lay the foundations of England’s post-Stuart political culture: [S]uspicion of Utopias and zealots; trust in common sense and experience; respect for tradition; preference for gradual change; and the view that “compromise” is victory, not betrayal. These things stem from the failure of both royal absolutism and of godly republicanism: costly failures, and fruitful ones.
brickol

$1,200 stimulus checks for all? All you need to know about the US coronavirus bailout |... - 0 views

  • With large areas of the US shut down, stock markets crashing, industries facing collapse and soaring unemployment, the US government is set to pass the most expensive bailout in US history in attempts to save the US economy.Democrat and Republican leaders of Congress, along with White House officials, have been scrambling to make a deal in around-the-clock negotiations and finally announced early on Wednesday that they have reached an agreement. The Senate is expected to vote on the bill on Wednesday.
  • The bill is worth about $2tn, which will go to businesses, corporations and directly into the pockets of Americans. It has six main components: Direct payment to most Americans. $250bn to bolster unemployment insurance. $350bn in loans for small businesses that may be forgiven if firms use them to keep workers on payroll. $500bn in aid for hard-hit industries and states and $50bn for airlines. $130bn in aid to hospitals. $150bn to help state and local governments.
  • There has been some compromise. Republicans agreed to some major changes from their original bill. More money will be given to large companies in hard-hit industries, but Democrats have also pushed for strict oversight of the loans. More aid will also be given to the healthcare sector and more funds will be earmarked for unemployment insurance after pushes from Democrats.
  • ...5 more annotations...
  • The plan is for individuals to get up to $1,200 and married couples to get up to $2,400, including $500 for each child. The size of a check would diminish gradually for those whose income is above $75,000, while individuals earning more than $99,000 and couples earning more than $198,000 will not be getting any checks. The checks will be based on a household or individual’s 2018 tax return unless they filed their 2019 tax return, in which case it will be based of their 2019 return.
  • Democrats and even some Republicans are adamant that corporations are given fair assistance that will not end up in the pockets of wealthy shareholders or corporate executives.
  • Companies who receive government assistance will also see restrictions on stock buybacks, which is when a company buys shares of its own stock to increase the value of its shares, ultimately helping their wealthy stockholders and corporate executives. Commercial airlines have been known for buying back their own shares.
  • The deal extends unemployment insurance by 13 weeks and covers self-employed and furloughed workers, offering workers $600 a week for those additional four months in addition to what a state will provide through their own program.
  • The bill will relieve burden on the healthcare sector by including a “Marshall Plan” that will give $130bn in grants and assistance to hospitals. The bill also boosts Medicare payments for hospitals treating patients with Covid-19.
‹ Previous 21 - 40 of 7462 Next › Last »
Showing 20 items per page