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U.S. History Has Plenty of Good and Bad. Here's How to See Both. - WSJ - 0 views

  • I believe that most of us are willing to broaden our understanding of our country’s history to look at both the best and the worst. But we often can’t—not for intellectual reasons but because of unrecognized psychological ones. Understanding those psychological roadblocks is a formidable challenge. But it’s crucial to do so if we want to get past them.
  • Let’s begin with the four reasons our minds sometimes make it hard to have a more honest, nuanced view of our history.
  • First, our minds tend to play down our wrongdoing from the past.
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  • Our minds are asymmetric judges, applying harsher moral judgment to present and future transgressions than past ones. It is as if the past becomes blurry. We even tend to blame the victim of a past event more than we blame the victim of a future one.
  • Third, our minds struggle with the negative emotions that our country’s complicated past gives rise to.
  • Research shows we are drawn to a sentimental form of history—nostalgia—which leads us to feel more loved, more protected, and even more competent in our ability to start and maintain relationships.
  • Nostalgia is often tied to the identities that we care most deeply about, such as our family or national identity. And, nostalgia is big business—in fashion, advertising, music and tourism, among other things.
  • Second, our minds tend to overplay sweet memories that favor our ancestors from the past.
  • When we learn about historical atrocities, particularly ones that expose our limited knowledge, contradict the narratives we believe, or implicate our own ancestors, we might experience shame, guilt, disbelief or anger. In response, we have a natural desire to pull away from the new knowledge and perhaps even refute it, rather than try to better understand it.
  • Fourth, our minds want to pick either a beautiful or a brutal narrative.
  • Contradictions, though, pocket our history, beginning with forefathers who had an extraordinary vision of equality, and simultaneously enslaved other humans
  • Our minds resist the paradoxes that characterize our country’s past. It’s so much less psychologically painful to pick one path than to grapple with both ideas at the same time.
  • Tools to useWhile the past is in the past, we can address the psychological challenge, however formidable, in the present. We have tools that will help, and I anticipate (and hope) that our debates will take on more psychological nuance as we shift from arguments over whether to explore our history more fully to how to do it.
  • For example, research shows the importance of returning to our values again and again as a way of inoculating us from setbacks
  • The daily arguments over curfews or messy rooms or study habits can cause us to shut down (“Do whatever you want”) or double down (“I’m your parent and you’ll do what I say”). Instead, it’s helpful to remind ourselves and our children that a parent has three jobs—to teach them, to protect them and to love them. Just doing that can ground us, and enable us to stay engaged, resilient and calm.
  • Similarly, when we confront a historical event, it can help to reflect on questions like, “Which American ideals do you most value?” and, “How do you hope others see your country?
  • You can even write out your responses, share them with others, and reread what you have written. Think of it as a values booster shot
  • Say, for instance, that you deeply value freedom. Keeping this value in your thoughts can help you notice the ways in which this country has delivered on the promise of freedom in important ways. But it also enables you to consider the disheartening realizations when those freedoms are not upheld.
  • esearch by Wendy Smith and others shows that we are capable of embracing paradox, rather than rejecting it. It doesn’t always come naturally. But we simply need to give ourselves permission to allow multiple truths to coexist.
  • In a paradox mind-set, we allow both of these things to be true. When both are true, we can challenge our either/or assumptions, and be more creative in finding solutions.
  • When you spot the paradox, allow both things to be true and observe if your mind shifts from solving the unsolvable puzzle (reconciling how can both of these things be true) to more deeply processing the knowledge that you may otherwise have pushed away. This is the greater resilience and creativity that comes with a paradox mind-set.
  • We simply need to accept that the formidable challenge will require us to be intentional in our approach.
  • In doing so, we become what I call “gritty patriots.” Psychologist Angela Duckworth defines grit as “passion and perseverance in pursuit of a meaningful, long-term goal.” Love of country is not something we are entitled to; it is something we work toward, with grit.
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Facebook's hardware ambitions are undercut by its anti-China strategy - The Washington ... - 0 views

  • For more than a year, Meta CEO Mark Zuckerberg has made a point of stoking fears about China. He’s told U.S. lawmakers that China “steals” American technology and played up nationalist concerns about threats from Chinese-owned rival TikTok.
  • Meta has a growing problem: The social media service wants to transform itself into a powerhouse in hardware, and it makes virtually all of it in China.So the company is racing to get out.
  • Facebook has hit walls, say three people familiar with the discussions, who spoke on the condition of anonymity to describe internal conversations.
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  • Until recently, the people said, Meta executives viewed the company’s reliance on China to make Oculus virtual reality headsets as a relatively minor concern because the company’s core focus was its social media and messaging apps.
  • All that has changed now that Meta has rebranded itself as a hardware company
  • “Meta is building a complicated hardware product. You can’t just turn on a dime and make it elsewhere,”
  • Facebook’s public criticism of China began in 2019 when Zuckerberg warned, in a speech at Georgetown University, that China was exporting a dangerous vision for the internet to the rest of the world — and noted that Facebook was abandoning its efforts to break into that country’s market.
  • The anti-China stance has since extended into a full-blown corporate strategy. Nick Clegg, the company’s president, wrote an op-ed attacking China in The Washington Post in 2020, the same year Zuckerberg attacked China in a congressional antitrust hearing.
  • At the antitrust hearing in Congress in 2020, Zuckerberg used his opening remarks to attack China in terms that went much further than his industry peers. He said it was “well-documented that the Chinese government steals technology from American companies,” and repeated that the country was “building its own version of the internet” that went against American values. He described Facebook as a “proudly American” company and noted that TikTok was the company’s fastest-growing rival.
  • “They were trying to find things that [Zuckerberg] could agree with Trump on, and it’s a pretty slim list,” said one of the people, describing how the company landed on its anti-China strategy. “If you’re not going to try to be in this country anyway, you might as well use it to your political advantage by contrasting yourself with Apple and TikTok.”
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Colleges Are Lying to Their Students - The Atlantic - 0 views

  • Can anyone teach you how to think? Aren’t we all thinking all the time; isn’t the proof of our existence found in our think-think-thinking, one banal thought at a time?
  • The truth of the matter is that no one can teach you how to think; but what they can do is teach you how to think for yourself.
  • my father would say—gently, because there was zero need to say it any other way: “And what is the best argument of the other side?”
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  • The best argument of the other side! Jesus Christ—the other side? The whole point of the argument was to destroy the other side! I was there to illuminate and then devastate the other side by engaging deeply with the worst it had to offer.
  • I had learned the style and the rhetorical turns of making a great case, but I didn’t know the first thing about fortifying it with facts, reason, logic—or the best argument of the side I was treating in such a cavalier way.
  • Most of the time, the subjects we talk about are—for all of their flattening by cable news and internet wormholes and all the rest of it—extremely complicated.
  • Is there anything more satisfying than watching a debate in which the sophist gets defenestrated by someone smarter, better prepared, and obviously right?
  • Many college professors don’t want to do that today. They don’t want to “platform” a writer they think is wrong; they don’t want to participate in “both sides-ism.”
  • A teacher should never do your thinking for you. She should give you texts to read and guide you along the path of making sense of them for yourself. She should introduce you to the books and essays of writers who disagree with one another and ask you to determine whose case is better.
  • In the broadest possible sense, “what’s wrong” with the modern American university is that although it still understands itself to operate under the model established by the 19th-century German university—which emphasized academic freedom, seminars, and laboratories as means of allowing students to discover the truth for themselves—it’s becoming a parody of that model
  • The professors are going to tell you what to think, and you’re going to backfill that “truth” with research of your own.
  • “What’s different about College X,” she’ll say confidently, “is that our professors don’t teach you what to think. They teach you how to think.”
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Germany Braces for Decades of Confrontation With Russia - The New York Times - 0 views

  • Defense Minister Boris Pistorius has begun warning Germans that they should prepare for decades of confrontation with Russia — and that they must speedily rebuild the country’s military in case Vladimir V. Putin does not plan to stop at the border with Ukraine.
  • Russia’s military, he has said in a series of recent interviews with German news media, is fully occupied with Ukraine. But if there is a truce, and Mr. Putin, Russia’s president, has a few years to reset, he thinks the Russian leader will consider testing NATO’s unity.
  • some of Mr. Pistorius’s colleagues are warning that if American funding dries up and Russia prevails, its next target will be closer to Berlin.
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  • The alarm is growing louder, but the German public remains unconvinced that the security of Germany and Europe has been fundamentally threatened by a newly aggressive Russia.
  • Mr. Pistorius’s status as one of the country’s most popular politicians has given him a freedom to speak that others — including his boss, Chancellor Olaf Scholz — do not enjoy.
  • The prospect of a re-elected Mr. Trump has German officials and many of their fellow NATO counterparts informally discussing whether the nearly 75-year-old alliance structure they are planning to celebrate in Washington this year can survive without the United States at its center. Many German officials say that Mr. Putin’s best strategic hope is NATO’s fracture.
  • Only a year ago NATO was celebrating a new sense of purpose and a new unity, and many were confidently predicting Mr. Putin was on the run.
  • now, with an undependable America, an aggressive Russia and a striving China, as well as a seemingly stalemated war in Ukraine and a deeply unpopular conflict in Gaza, German officials are beginning to talk about the emergence of a new, complicated and troubling world, with severe consequences for European and trans-Atlantic security.
  • “Nobody knows how or whether this will last,” Mr. Pistorius said of the current war, arguing for a rapid buildup in the size of the German military and a restocking of its arsenal.
  • “If Ukraine were forced to surrender, that would not satisfy Russia’s hunger for power,” the chief of Germany’s intelligence service, Bruno Kahl, said last week. “If the West does not demonstrate a clear readiness to defend, Putin will have no reason not to attack NATO anymore.”
  • In the decades since the Soviet Union collapsed, most Germans have grown accustomed to the notions that the country’s security would be assured if it worked with Russia, not against it, and that China is a necessary partner with a critical market for German automobiles and equipment.
  • Mr. Scholz, a Social Democrat whose party traditionally sought decent ties with Moscow, seems reluctant to discuss the far more confrontational future with Russia or China that German defense and intelligence chiefs describe so vividly.
  • few politicians will take on the subject in public. Mr. Scholz is especially careful, tending to Germany’s relationship with the United States and wary of pushing Russia and its unpredictable president too hard.
  • Polls show that Germans want to see a more capable German military. But only 38 percent of those surveyed said they wanted their country to be more involved in international crises, the lowest figure since that question began to be asked in 2017, according to the Körber Foundation, which conducted the survey. Of that group, 76 percent said the engagement should be primarily diplomatic, and 71 percent were against a military leadership role for Germany in Europe.
  • The most vivid example of his caution is his continued refusal to provide Ukraine a long-range, air-launched cruise missile called the Taurus.
  • The Taurus has a range of more than 300 miles, meaning Ukraine could use it to strike deep into Russia. And Mr. Scholz is not willing to take that chance — nor is the country’s Bundestag, which voted against a resolution calling for the transfer. While the decision seems to fit German opinion, Mr. Scholz wants to avoid the subject.
  • Mr. Scholz has moved with great caution. He has opposed — along with Mr. Biden — setting a timetable for Ukraine’s eventual entry into the alliance
  • German military officials recently set off a small outcry when they suggested that the country must be “kriegstüchtig,” which roughly translates to the ability to fight and win a war.
  • Norbert Röttgen, an opposition legislator and a foreign policy expert with the Christian Democrats, said the term was regarded as “rhetorical overreach” and quickly dropped.
  • “Scholz has always said that ‘Ukraine must not lose but Russia must not win,’ which indicated that he’s always thought of an impasse that would lead to a diplomatic process,” Mr. Röttgen said. “He thinks of Russia as more important than all the countries between us and them, and he lacks a European sense and of his possible role as a European leader.”
  • Mr. Scholz clearly feels most comfortable relying heavily on Washington, and senior German officials say he especially mistrusts Emmanuel Macron, the president of France, who has argued for European “strategic autonomy.” Mr. Macron has found few followers on the continent.
  • Even Mr. Scholz’s main European defense initiative, a coordinated ground-based air defense against ballistic missiles known as Sky Shield, depends on a mix of American, American-Israeli and German missile systems.
  • Mr. Scholz’s ambitions are also hamstrung by his increasingly weak economy. It shrank 0.3 percent last year, and roughly the same is expected in 2024. The cost of the Ukraine war and China’s economic problems — which have hit the auto and manufacturing sectors hardest — have exacerbated the problem.
  • While Mr. Scholz acknowledges that the world has changed, “he is not saying that we must change with it,” said Ulrich Speck, a German analyst.
  • “He is saying that the world has changed and that we will protect you,”
  • Germans, and even the Social Democrats, “have come to the realization that Germany lives in the real world and that hard power matters,”
  • “At the same time,” he said, “there’s still this hope that this is all just a bad dream, and Germans will wake up and be back in the old world.”
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Opinion | The Most Important Thing I Teach My Students Isn't on the Syllabus - The New ... - 0 views

  • I’m a stickler for correct grammar, spelling and the like, so if they don’t have it in them to care about and patrol for such errors, they probably won’t end up with the grade they’re after
  • I don’t want to hear anybody’s voice so often and so loudly that the other voices don’t have a chance.
  • I’m going to repeat one phrase more often than any other: “It’s complicated.” They’ll become familiar with that
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  • I’m standing before them not as an ambassador of certainty or a font of unassailable verities but as an emissary of doubt. I want to give them intelligent questions, not final answers. I want to teach them how much they have to learn — and how much they will always have to learn.
  • each component of it was about the same quality: humility.
  • The grammar-and-spelling bit was about surrendering to an established and easily understood way of doing things that eschewed wild individualism in favor of a common mode of communication. It showed respect for tradition, which is a force that binds us, a folding of the self into a greater whole
  • The voices bit — well, that’s obvious. It’s a reminder that we share the stages of our communities, our countries, our worlds, with many other actors and should conduct ourselves in a manner that recognizes this fact. A
  • I’d also been delivering that spiel for more than two years before I realized that humility is the antidote to grievance.
  • We live in an era defined and overwhelmed by grievance — by too many Americans’ obsession with how they’ve been wronged and their insistence on wallowing in ire
  • This anger reflects a pessimism that previous generations didn’t feel
  • They promote a self-obsession at odds with community, civility, comity and compromise. It’s a problem of humility.
  • They elevated how they viewed the world and what they wanted over tradition, institutional stability, law, order.
  • The Jan. 6 insurrectionists were delusional, frenzied, savage. But above all, they were unhumble. They decided that they held the truth, no matter all the evidence to the contrary.
  • anti-Trumps will be our salvation, and I say that not along partisan or ideological lines. I’m talking about character and how a society holds itself together.
  • It does that with concern for the common good, with respect for the institutions and procedures that protect that and with political leaders who ideally embody those traits or at least promote them.
  • He was fond of quoting Philippians 2:3, which he invoked as a lodestar for his administration. “Do nothing out of selfish ambition or vain conceit,” it says. “Rather, in humility value others above yourself.”
  • Governing, as opposed to demagoguery, is about earning others’ trust and cooperation. Exhibiting a willingness to listen to and to hear them goes a long way toward that.
  • “Insight and knowledge come from curiosity and humility,” Mr. Baker wrote in a 2022 book, “Results,” coauthored with his chief of staff, Steve Kadish, a Democrat. “Snap judgments — about people or ideas — are fueled by arrogance and conceit. They create blind spots and missed opportunities. Good ideas and interesting ways to accomplish goals in public life exist all over the place if you have the will, the curiosity, and the humility to find them.”
  • ‘Yes, there’s demanding, but there’s also asking,’” he recalled. “And one is not the enemy of the other. People don’t like being accused, people don’t like being condemned, people don’t like being alienated. It’s a matter of conversation and persuasion.”
  • the message delivered by Loretta Ross, a longtime racial justice and human rights advocate, through her teaching, public speaking and writing. Troubled by the frequent targeting and pillorying of people on social media, she urged the practice of calling in rather than calling out those who’ve upset you. “Call-outs make people fearful of being targeted,” she wrote in a guest essay for Times Opinion. “People avoid meaningful conversations when hypervigilant perfectionists point out apparent mistakes, feeding the cannibalistic maw of the cancel culture.” Instead, she advised, engage them. If you believe they need enlightenment, try that route, “without the self-indulgence of drama,” she wrote.
  • She was also recognizing other people’s right to disagree — to live differently, to talk differently. Pluralism is as much about that as it is about a multiracial, multifaith, multigender splendor.
  • Tolerance shares DNA with respect. It recognizes that other people have rights and inherent value even when we disagree vehemently with them.
  • we mustn’t treat every wound, every obstacle, as some cosmic outrage or mortal danger. We mustn’t lose sight of the struggle, imperfection and randomness of life. We mustn’t overstate our vulnerability and exaggerate our due.
  • While grievance blows our concerns out of proportion, humility puts them in perspective. While grievance reduces the people with whom we disagree to caricature, humility acknowledges that they’re every bit as complex as we are — with as much of a stake in creating a more perfect union.
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Opinion | How to Reboot Free Speech on Campus - The New York Times - 0 views

  • In the course of those cases and confrontations, I’ve learned that the issue of campus protest is remarkably complex and that campus culture is at least as important as law and policy in setting the boundaries of debate.
  • There is profound confusion on campus right now around the distinctions between free speech, civil disobedience and lawlessness. At the same time, some schools also seem confused about their fundamental academic mission
  • Does the university believe it should be neutral toward campus activism — protecting it as an exercise of the students’ constitutional rights and academic freedoms, but not cooperating with student activists to advance shared goals — or does it incorporate activism as part of the educational process itself, including by coordinating with the protesters and encouraging their activism?
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  • The simplest way of outlining the ideal university policy toward protest is to say that it should protect free speech, respect civil disobedience and uphold the rule of law
  • universities should protect the rights of students and faculty on a viewpoint-neutral basis, and they should endeavor to make sure that every member of the campus community has the same access to campus facilities and resources.
  • That also means showing no favoritism between competing ideological groups in access to classrooms, in the imposition of campus penalties and in access to educational opportunities
  • Indefinitely occupying a quad violates the rights of other speakers to use the same space. Relentless, loud protest violates the rights of students to sleep or study in peace. And when protests become truly threatening or intimidating, they can violate the civil rights of other students, especially if those students are targeted on the basis of their race, sex, color or national origin.
  • Noise limits can protect the ability of students to study and sleep. Restricting the amount of time any one group can demonstrate on the limited open spaces on campus permits other groups to use the same space.
  • Civil disobedience is distinct from First Amendment protected speech. It involves both breaking an unjust law and accepting the consequences.
  • In a 1965 appearance on “Meet the Press,” the Rev. Dr. Martin Luther King Jr. described the principle perfectly: “When one breaks the law that conscience tells him is unjust, he must do it openly, he must do it cheerfully, he must do it lovingly, he must do it civilly — not uncivilly — and he must do it with a willingness to accept the penalty.”
  • But what we’re seeing on a number of campuses isn’t free expression, nor is it civil disobedience. It’s outright lawlessness
  • reasonable time, place and manner restrictions are indispensable in this context. Time, place and manner restrictions are content-neutral legal rules that enable a diverse community to share the same space and enjoy equal rights.
  • Administrators and faculty members will often abandon any pretense of institutional neutralit
  • For many administrators, the very idea of neutrality is repugnant. It represents a form of complicity in injustice that they simply can’t and won’t stomach. So they nurture and support one side. They scorn the opposition, adopting a de facto posture that says, “To my friends, everything; for my enemies, the law.”
  • In March, a small band of pro-Palestinian students at Vanderbilt University in Nashville pushed past a security guard so aggressively that they injured him, walked into a university facility that was closed to protest, and briefly occupied the building. The university had provided ample space for protest, and both pro-Israel and pro-Palestinian students had been speaking and protesting peacefully on campus since Oct. 7.
  • But these students weren’t engaged in free speech. Nor were they engaged in true civil disobedience. Civil disobedience does not include assault, and within hours the university shut them down. Three students were arrested in the assault on the security guard, and one was arrested on charges of vandalism. More than 20 students were subjected to university discipline; three were expelled; and one was suspended.
  • The University of Chicago has long adhered to the Kalven principles, a statement of university neutrality articulated in 1967 by a committee led by one of the most respected legal scholars of the last century, Harry Kalven Jr. At their heart, the Kalven principles articulate the view that “the instrument of dissent and criticism is the individual faculty member or the individual student. The university is the home and sponsor of critics; it is not itself the critic. It is, to go back once again to the classic phrase, a community of scholars.”
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10 Senators Could Have Stopped Trump - The Atlantic - 0 views

  • There are many explanations for complicity, Applebaum argued. A potent one is fear. Many Republican elected officials, she wrote, “don’t know that similar waves of fear have helped transform other democracies into dictatorships.”
  • None of the 43 senators who allowed Donald Trump to escape conviction made fear their argument, of course. Not publicly anyway. The excuses ranged widely
  • On February 13, 2021, Romney was joined by six other Republicans—North Carolina’s Richard Burr, Louisiana’s Bill Cassidy, Alaska’s Lisa Murkowski, Maine’s Susan Collins, Nebraska’s Ben Sasse, and Pennsylvania’s Pat Toomey—in voting to convict. If the United States and its Constitution survive the coming challenge from Trump and Trumpism, statues will one day be raised to these seven.
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Opinion | The Florida Fraudster and the Russian 'Killer' - The New York Times - 0 views

  • When a CNN reporter asked if Trump had a response to the heroic Navalny’s death, the Trump campaign pointed her to a Truth Social post that wasn’t about Navalny or Putin. It was about how awful America was.
  • Before Navalny’s death, Tucker Carlson — who scorned Ukraine’s desperate fight for its independence — cavorted in the Kremlin. His interview with Putin was so indulgent that even Putin complained of a “lack of sharp questions.”
  • At an Axios conference in Miami, Jared Kushner — who was festooned with $2 billion in Saudi investments after he left the White House — called Mohammed bin Salman a “visionary leader.” Asked about the crown prince’s complicity in Jamal Khashoggi’s murder, Kushner replied with exasperation, “Are we really still doing this?”
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  • “America is no longer respected,” Trump posted, “because we have an incompetent president who is weak and doesn’t understand what the World is thinking.”
  • In an interview with an Egyptian journalist, Carlson defended his decision not to ask Putin about freedom of speech or assassinations of his opponents.
  • “Every leader kills people,” Carlson said blithely, adding, “Leadership requires killing people, sorry.”
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Neoracism, Finally on Defense - by Andrew Sullivan - 0 views

  • The poignancy of Coleman Hughes’ new book, The End of Race Politics, lies therefore in the tenacity of his faith in the spirit of 1964
  • To advocate colorblindness is to endorse an ethical principle: we should treat people without regard to race, both in our public policy and private lives.”
  • That’s a principle the vast majority of Americans, black and white and everything else, support. It was the core principle for Frederick Douglass, Zora Neale Hurston, Martin Luther King Jr, and Bayard Rustin.
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  • Henry Highland Garnet — the first African-American to speak in Congress after the passage of the Thirteenth Amendment — even apologized for speaking of various different races, “when in fact there is but one race, as there was but one Adam.”
  • Fast forward to 2015, when the University of California called the phrase “There is only one race, the human race” a “micro-aggression”; or 2020, when the phrase “All Lives Matter” was deemed evidence of “anti-blackness”
  • The 21st Century, the brief era of color-blindness behind us, reached back to the 19th to insist that race defines us at our core, can never be overcome, and marks us all either an oppressor or a victim.
  • Hughes cuts to the chase and calls these reactionaries in progressive clothing “neoracists”. They are. What else would one call them?
  • They are race-obsessed. They view any human interaction as a racial power-struggle, and compound it with any number of further “intersectional” power-struggles
  • They see group identity as determinative everywhere; and therefore want to intervene everywhere, to discriminate against whites and successful non-whites in favor of unsuccessful non-whites
  • Individual rights? They come second to group identity.
  • The old black-white paradigm to which so many are still attached has been superseded by the kaleidoscope society, in which “race” is almost always mixed, complicated, or one difference among many.
  • Political power? Blacks, who are about 14 percent of population, are represented proportionally in the House — covering 29 states — and can claim the last two-term president, the current vice president, the House minority leader, the secretary of defense, the chairman of the Joint Chiefs, the mayors of the four most populous cities last year, and more than a fifth of SCOTUS.
  • So do we do nothing? Not at all. In fact, blaming an abstraction — “white supremacy” — takes us backwards practically and analytically. Hughes advocates for color-blind processes wherever possible: blind grading in schools and colleges; or hiring policies that remove names from applications to deter racism.
  • the implosion of bad ideas is not the same as the resuscitation of good ones. What Hughes has done in this book is remind us what we already knew: that racism and neoracism are two sides of the same collectivist coin, and that treating everyone regardless of race is the only feasible way forward for a multiracial America, just as it is the only morally defensible regime that can actually counter and erode racial hatred. The proof is in our past progress. But the potential for multi-racial individualism is as unknowable as it is exhilarating.
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Opinion | The Mystery of White Rural Rage - The New York Times - 0 views

  • Business types and some economists may talk glowingly about the virtues of “creative destruction,” but the process can be devastating, economically and socially, for those who find themselves on the destruction side of the equation. This is especially true when technological change undermines not just individual workers but also whole communities.
  • It’s a big part of what has happened to rural America.
  • This process and its effects are laid out in devastating, terrifying and baffling detail in “White Rural Rage: The Threat to American Democracy,” a new book by Tom Schaller and Paul Waldman
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  • “devastating” because the hardship of rural Americans is real, “terrifying” because the political backlash to this hardship poses a clear and present danger to our democracy, and “baffling” because at some level I still don’t get the politics.
  • Technology is the main driver of rural decline, Schaller and Waldman argue. Indeed, American farms produce more than five times as much as they did 75 years ago, but the agricultural work force declined by about two-thirds over the same period, thanks to machinery, improved seeds, fertilizers and pesticides
  • Coal production has been falling recently, but thanks partly to technologies like mountaintop removal, coal mining as a way of life largely disappeared long ago, with the number of miners falling 80 percent even as production roughly doubled.
  • The decline of small-town manufacturing is a more complicated story, and imports play a role, but it’s also mainly about technological change that favors metropolitan areas with large numbers of highly educated workers.
  • Technology, then, has made America as a whole richer, but it has reduced economic opportunities in rural areas. So why don’t rural workers go where the jobs are? Some have
  • But some cities have become unaffordable, in part because of restrictive zoning — one thing blue states get wrong — while many workers are also reluctant to leave their families and communities.
  • So shouldn’t we aid these communities? We do. Federal programs — Social Security, Medicare, Medicaid and more — are available to all Americans, but are disproportionately financed from taxes paid by affluent urban areas. As a result there are huge de facto transfers of money from rich, urban states like New Jersey to poor, relatively rural states like West Virginia.
  • While these transfers somewhat mitigate the hardship facing rural America, they don’t restore the sense of dignity that has been lost along with rural jobs.
  • And maybe that loss of dignity explains both white rural rage and why that rage is so misdirected — why it’s pretty clear that this November a majority of rural white Americans will again vote against Joe Biden, who as president has been trying to bring jobs to their communities, and for Donald Trump, a huckster from Queens who offers little other than validation for their resentment.
  • This feeling of a loss of dignity may be worsened because some rural Americans have long seen themselves as more industrious, more patriotic and maybe even morally superior to the denizens of big cities — an attitude still expressed in cultural artifacts like Jason Al
  • In the crudest sense, rural and small-town America is supposed to be filled with hard-working people who adhere to traditional values, not like those degenerate urbanites on welfare, but the economic and social reality doesn’t match this self-image.
  • Prime working-age men outside metropolitan areas are substantially less likely than their metropolitan counterparts to be employed — not because they’re lazy, but because the jobs just aren’t there.
  • Quite a few rural states also have high rates of homicide, suicide and births to single mothers — again, not because rural Americans are bad people, but because social disorder is, as the sociologist William Julius Wilson argued long ago about urban problems, what happens when work disappears.
  • Draw attention to some of these realities and you’ll be accused of being a snooty urban elitist
  • The result — which at some level I still find hard to understand — is that many white rural voters support politicians who tell them lies they want to hear. It helps explain why the MAGA narrative casts relatively safe cities like New York as crime-ridden hellscapes while rural America is the victim not of technology but of illegal immigrants, wokeness and the deep state.
  • while white rural rage is arguably the single greatest threat facing American democracy, I have no good ideas about how to fight it.
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I Am Sorry But Joe Biden Crushed It in Michigan - 0 views

  • Damon Linker has the most thoughtful meditation I’ve read on Aaron Bushnell, the airman who set himself on fire in front of the Israeli embassy this weekend.
  • before we get to that, I want to put in front of you Linker’s definition of small-l liberalism:
  • I’m fully committed to the liberal project of domesticating and taming the most intense political passions, ultimately channeling them into representative political institutions, where they are forced to reach accommodation and compromise with contrary views held by other members of the polity.
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  • Linker’s description of Bushnell’s options and actions is measured and not without some respect:
  • Damon hops off the bus at the same point I do: Bushnell displayed a tremendous amount of courage, yes. But this was mated to an absolute moral certainty.
  • Every society needs both, because that is how we conserve our achievements while still working toward a more perfect order.
  • [Bushnell’s] choice of that word to describe Israel means he followed the “anti-colonial left” in viewing the interminable conflict in and around the Jewish state through the lens of Western imperialism across the “global south.” Viewed in this way, Israelis are rapacious oppressors, exploiters, unjustly stealing from the Palestinians, occupying their land, not just in the territories of the West Bank that are occupied under international law but likely in its entirety. That’s certainly how Hamas views the situation, with an added overlay of Islamist theofascism.
  • What would it be like, I wonder, to live in a world so morally simple, so neat and tidy, so devoid of tragic clashes, so orderly, with its heroes and villains, its Children of Light and its Children of Darkness? I really wouldn’t know. Because the world I inhabit is one permeated by ambiguity and people with mixed motives who are often (usually?) torn between competing moral considerations and imperatives, not a world divided between the absolutely good and the absolutely evil. The line between good and evil doesn’t run between East and West, or North and South, or white and black, or Israel and Palestine. It runs right through every human heart. Or at least most hearts.
  • This is where liberalism and conservatism meet, in the most elemental sense. The conservative impulse is to be suspicious of change because you are aware that things can always get worse, that systems are often too complex to be understood, that tail risk rules the world. The liberal impulse is to believe that agency is precious, that the world can be improved, that progress is both possible and desirable.
  • Linker notes that Bushnell referred to Israelis as “colonizers”:
  • Every governing system needs both, because that is how we channel passions out of the street and into political institutions.
  • And every person needs both, because that is how we avoid the epistemic certainty that can drive us to extremes of exuberance or despair.
  • The war in Gaza is a textbook example of the dangers of epistemic certainty, because it is too complicated, freighted with too much history, and too full of horrors to fit neatly on one side of the ledger or the other.
  • The 10/7 attack was an act of unconstrained barbarism that made it impossible for Israel to coexist with Hamas. Or at least: I am not aware of any proposed remedy that would have made coexistence possible without Israel becoming a fully militarized, illiberal state.
  • The Israeli response has at times violated the rules of war—sometimes of its own volition and sometimes because Hamas’s strategy has been to position assets in such a manner as to result in the deaths of as many Palestinian civilians as possible.
  • The suffering of the Palestinian people is real and of a magnitude that is almost impossible to comprehend.
  • And yet, the war continues because Hamas has no interest in a ceasefire. “We are not interested in engaging with what’s been floated, because it does not fulfill our demands,” one Hamas official told the media yesterday.
  • The world is messy. Life is messy. Often in ways which break the human heart. The project of liberal society, which requires equal measures of liberalism and conservatism, is to manage this messiness as well as possible.
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For the Love of Justice - by Damon Linker - 0 views

  • Thanks to social media, gaining widespread public attention for oneself and one’s favored causes has never been easier.
  • This has incentivized a lot of performative outrage that sometimes manifests itself in acts of protest, from environmental activists throwing soup on paintings in European museums to pro-Palestinian demonstrators halting traffic in major cities by sitting down en masse in the middle of roadways.
  • I don’t think they do much to advance the aims of the activists. In fact, I think they often backfire, generating ill-will among ordinary citizens inconvenienced by the protest. (As for the activists hoping to fight climate change by destroying works of art, I don’t even grasp what they think they’re doing with their lives.)
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  • there’s a deeper reason for my harsh judgment, which is that I’m fully committed to the liberal project of domesticating and taming the most intense political passions, ultimately channeling them into representative political institutions, where they are forced to reach accommodation and compromise with contrary views held by other members of the polity.
  • The love of justice can be noble, but it can also be incredibly destructive.
  • (This is hard to see if you conveniently associate such love exclusively with positions staked out by your ideological or partisan allies. In reality, the political ambitions of one’s opponents are often fueled by their own contrary convictions about justice and its demands.
  • My liberal commitments therefore make me maximally suspicious of most examples of “street politics,” especially forms of it in which the activists risk very little and primarily appear to be engaging in a spiritually fulfilling form of socializing with likeminded peers.
  • But Bushnell’s act of self-immolation belongs in a different category altogether—one distinct from just about every other form of protest,
  • Bushnell could have written an op-ed. He could have joined, organized, or led a march and delivered a speech. He could have built up a loud social-media presence and used it to accuse the United States of complicity in genocide and publicize the accusation. He could have leveraged his position in the Air Force to draw added attention to his dissent from Biden administration policy in the Middle East. He could even have embraced terrorism and sought to gain entry to the Israeli embassy with a weapon or explosive
  • But Bushnell didn’t do any of these things. Instead, a few hours before his act of protest, he posted the following message on Facebook:
  • Many of us like to ask ourselves, “What would I do if I was alive during slavery? Or the Jim Crow South? Or apartheid? What would I do if my country was committing genocide?”The answer is, you’re doing it. Right now.
  • I will no longer be complicit in genocide…. I am about to engage in an extreme act of protest. But compared to what people have been experiencing in Palestine at the hands of their colonizers, it’s not extreme at all. This is what our ruling class has decided will be normal.
  • And then, like a small number of other intensely committed individuals down through the decades, he doused himself in a flammable liquid and set himself ablaze, opting to sacrifice his own life in a public act of excruciating self-torture, without doing anything at all to harm anyone but himself, in order to draw attention to what he considered an ongoing, intolerable injustice.
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Fareed Zakaria on the Age of Revolutions, the Power of Ideas, and the Rewards of Intell... - 0 views

  • ZAKARIA: Yes. I think I’ve always been intellectually very curious. I don’t think I’m the smartest person in the world, but I am very intellectually curious. I get fascinated by ideas and why things are some way. Even when I was very young, I remember I would read much more broadly than my peers.
  • I think I looked this up once, but Henry Kissinger’s memoirs came out when I was 14, I think. I remember reading them because I remember my mom — at that point, she was working at the Times of India. They excerpted it. I remember telling her that they had chosen some of the wrong excerpts, that there were other parts that would have been better. I must have read enough of it to have had an opinion.
  • The Bengali intelligentsia was the great intelligentsia of India, probably the most literate, the most learned. I think it’s because they’re very clever. One of the things I’ve always noticed is that people who are very clever political elites tend to think that they should run the economy because they can do it better than the market.
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  • a lot of people who came out of third-world countries felt, “We are never going to catch up with the West if we just wait for the market to work its way over hundreds of years.” They looked at, in the ’30s, the Soviet Union and thought, “This is a way to accelerate modernization, industrialization.” They all were much more comfortable with the idea of something that sped up the historical process of modernization.
  • Milton Friedman used to say that there are two groups of people who don’t like the free market. Academics, intellectuals because they think they can do it better than the market, and businessmen because they don’t like competition. What they really want — this is a variation of the Peter Thiel argument — what they all really want is to be monopolists. That former part is, I think, what explains the Bengali intellectuals.
  • I think that the reality is, the market is much more powerful than they are in these areas. To give you one simple example, they decided, “Okay, we need to be making high-end chips.” Who do they bet on? They bet on Intel, a company that has failed miserably to compete with TSMC, the great Taiwanese chip manufacturer. Intel is now getting multi-billion-dollar grants from the United States government, from the European Union, because it fills all the categories that you’re looking for: big company, stable and well-run, in some sense, can guarantee a lot of jobs.
  • But of course, the reality is that chip making is so complicated
  • Who knew that, actually, it’s Nvidia, whose chips turned out to be designed for gaming, turned out to be ideal for artificial intelligence? That’s a perfect example of how the Hayekian market signals that come bottom-up are much more powerful than a political elite who tries to tell you what it is.
  • COWEN: What did you learn from the Anglican Book of Common Prayer?
  • One was a reverence for tradition, and in particular, I loved the hymnal. I think Britain’s great contribution to music is religious music. It doesn’t have anything to compete with the Germans and the Italians in opera and things like that. Religious music, I think the Brits and the English have done particularly well.
  • The second thing I would say is an admiration for Christianity for its extraordinary emphasis on being nice to people who have not been lucky in life. I would say that’s, to me, the central message of Christianity that I take, certainly from the Sermon on the Mount, and it’s imbued through the Book of Common Prayer: to be nice to the people who have been less fortunate than you. Be nice to poor people. Recognize that in God’s kingdom, the first shall be last and the last shall be first.
  • There is an enormous emphasis on the idea that those things that make you powerful in this world are not the things that really matter, that your dignity as a human being doesn’t come from that. I think that’s a very powerful idea. It’s a very revolutionary idea
  • Tom Holland has a very good book about this. He’s a wonderful historian in Britain. I think it’s called Dominion.
  • He points out what a revolutionary idea this was. It completely upended the Roman values, which were very much, the first shall be first. The powerful and the rich are the ones to be valued. He points out, here is this Jewish preacher coming out of the Middle East saying, “No, the first shall be last, the last shall be first in the kingdom of heaven.”
  • COWEN: I went to Amritsar the year before, and it was one of the most magical feelings I’ve ever had in any place. I’m still not sure what exactly I can trace it to — I am not a Sikh, of course. But what, for you, accounts for the strong, powerful, wondrous feeling one gets from that place?
  • I think there’s something about it architecturally, which is that there is a serenity about it. Sometimes you can find Hindu temples that are very elaborate. Sikhism is a kind of offshoot of Hinduism. The Hindu temples can be very elaborate, but very elaborate and ornate. This somehow has a simplicity to it. When you add to that the water — I’ve always thought that water adds an enormously calming effect
  • Hindi and Urdu are two Indian languages, very related. They both have roughly the same grammatical structure, but then Hindi derives its vocabulary entirely from Sanskrit, or almost entirely from Sanskrit, and Urdu derives its vocabulary almost entirely from Persian. Urdu is a language of Indian Muslims and is the official language for Pakistan. It’s a beautiful language, very lyrical, very much influenced by that Persian literary sensibility.
  • If you’re speaking one of the languages, there’s a way to alternate between both, which a lot of Indian politicians used to do as a way of signaling a broad embrace of both the Hindu and the Muslim communities. Nehru, India’s first prime minister, used to often do that. He would say, “I am delighted to be coming here to your home.” He’d repeat the word home, first in Urdu, then in Hindi, so that in effect, both constituencies were covered.
  • Modi, by contrast, India’s current prime minister, is a great Hindu nationalist. He takes pains almost never to use an Urdu word when he speaks. He speaks in a kind of highly Sanskritized Hindi that most Indians actually find hard to understand because the everyday language, Bollywood Hindi, is a mixture of Hindi words and Urdu words
  • I think the partition of India was a complete travesty. It was premised on this notion of religious nationalism. It was horrendously executed. The person who drew the lines, a man named Radcliffe, had never been to India. He’d never been east of the Suez and was given this task, and he did it in a month or two, probably caused a million-and-a-half to two million lives lost, maybe 10 million people displaced. It broke that wonderfully diverse, syncretic aspect of India.
  • If you look at cities like Delhi and Lahore, what was beautiful about them is that they mix together all the influences of India: Hindu, Muslim, Punjabi, Sindhi. Now what you have is much more bifurcated. If you go to Lahore, Lahore is a Muslim city in Pakistan, and it has a Punjabi influence. Delhi has become, essentially, much more Indian and Hindu and has lost that Muslim influence. To me, as somebody who really loves cosmopolitanism and diversity, it’s sad to see that. It’s almost like you’ve lost something that really made these places wonderfully rich.
  • I feel the same way when you read about the history of Europe. You think of a place like Vienna, which, in its most dazzling moment, was dazzling precisely because it was this polyglot population of people coming from all over the Habsburg Empire. A large segment of it was Jewish, and it had, as a result — think about Freud and Klimt and the music that came out of there, and the architecture that came out at the turn of the 19th century. And it’s all gone. It’s like, at this point, a somewhat beautiful but slightly dull Austrian city.
  • I remember once being asked when I was a graduate student at Harvard — Tony Lake was then national security adviser, and his office called and said — I’d written something in the New York Times, I think — “Mr. Lake would like you to come to the White House to brief him.”
  • I think, in a sense, Islam fit in within that tapestry very easily, and it’s been around for a while. When people talk about cleansing India, Hindu nationals talk about cleansing India of foreign influences. Islam has been in India since the 11th century, so it’s been around for a long time
  • I was amazed that America — it wasn’t America; it was where I was at Yale and Harvard and all that — that nobody cared where I came from. Nobody cared.
  • the syncretic nature of India, that India has always been diverse. Hinduism is very tolerant. It’s a kind of unusual religion in that you can believe in one god and be Hindu. You can believe in 300. You can be vegetarian and believe that’s a religious dictate. You can be nonvegetarian and believe that that’s completely compatible with your religion. It’s always embraced almost every variant and variation.
  • I walked in and there were five people around the table: Tony Lake; Deputy National Security Advisor Sandy Berger; George Stephanopoulos, who was then director of communications at the White House; Joe Nye, who was a senior professor at Harvard; one other person; and myself. And I kept thinking to myself, “Are they going to realize at some point that I’m not an American citizen? They’re asking me for my advice on what America should do, and I am on a student visa.” And of course, nobody ever did, which is one of the great glories of America.
  • My thesis topic was, I tried to answer the question, when countries rise in great power, when they rise economically, they become great powers because they quickly translate that economic power into diplomatic and military power. What explains the principal exception in modern history, which is the United States?
  • My simple answer was that the United States was a very unusual creature in the modern world. It was a very strong nation with a very weak state. The federal government in the United States did not have the capacity to extract the resources from the society at large because you didn’t have income taxes in those days.
  • COWEN: What put you off academia? And this was for the better, in my view.
  • ZAKARIA: I think two things. One, I could see that political science was moving away from the political science that I loved, which was a broad discipline rooted in the social sciences but also rooted in the humanities, which was rigorous, structural, historical comparisons. Looking at different countries, trying to understand why there were differences.
  • It was moving much more toward a huge emphasis on things like rational choice, on game theory There was an economist envy. Just as economists have math envy, political scientists have economist envy. It was moving in that direction
  • COWEN: After 9/11 in 2001, you wrote a famous essay for Newsweek, “Why Do They Hate Us?” You talked about the rulers, failed ideas, religion. If you were to revise or rethink that piece today, how would you change it? Because we have 23 more years of data, right?
  • He had a routine, which is, he’d get up about 6:00 a.m. He’d go down to the basement of his townhouse, and at 6:30, he would start writing or working on whatever his next big research project was. He’d do that, uninterrupted, for three hours at least, sometimes four. Then, at about 9:30, 10:00, he would take the subway to Harvard.
  • His point was, you got to start the day by doing the important work of academia, which is producing knowledge. All the rest of it — teaching, committee meetings, all that — you can do later. He was so disciplined about that, that every five years or so, he put out another major piece of work, another major book
  • I looked at that, and I said to myself, I do not have the self-discipline to perform at that level. I need to go into something that has deadlines,
  • It’s all within you, and you have to be able to generate ideas from that lonely space. I’ve always found that hard. For me, writing books is the hardest thing I do. I feel like I have to do it because I feel as though everything else is trivia — the television, column, everything else.
  • The second piece of it was actually very much related to Huntington. Sam Huntington was quite an extraordinary character, probably the most important social scientist in the second half of the 20th century. Huge contributions to several fields of political science. He lived next to me
  • ZAKARIA: Yes. Not very much, honestly. The central point I was making in that essay was that if you look at the Arab world, it is the principal outlier in the modern era, where it has undergone almost no political modernization.
  • The Arab world had remained absolutely static. My argument was that it was largely because of the curse of oil and oil wealth, which had impeded modernization. But along with that, because of that failed modernization, they had developed this reactionary ideology of Islam, which said the answer is to go further back, not to go forward. “Islam is the solution,” was the cry of the Islamic fundamentalists in the 1970s.
  • COWEN: I’m struck that this year, both you and Ruchir Sharma have books coming out — again, Fareed’s book is Age of Revolutions: Progress and Backlash from 1600 to the Present — that I would describe broadly as classically liberal. Do you think classical liberalism is making a comeback
  • the reason these books are coming out — and certainly, mine, as you know, is centrally occupied with the problem that there’s a great danger that we are going to lose this enormous, probably the most important thing that’s happened in the last 500, 600 years in human history, this movement that has allowed for the creation of modern liberal democratic societies with somewhat market economies.
  • If you look at the graph of income, of GDP, per capita GDP, it’s like a straight line. There’s no improvement until you get to about, roughly speaking, the 17th, 18th century in Europe, and then you see a sharp uptick. You see this extraordinary rise, and that coincides with the rise of science and intellectual curiosity and the scientific method, and the industrial revolution after that. All that was a product of this great burst of liberal Enlightenment thinking in the West.
  • If you think about what we’ve gone through in the last 30 years — and this is really the central argument in my book — massive expansion of globalization, massive expansion of information technology so that it has completely upended the old economy. All of this happening, and people are overwhelmed, and they search in that age of anxiety. They search for a solution, and the easy solutions are the ones offered by the populists.
  • They’re deeply anti-liberal, illiberal. So, I worry that, actually, if we don’t cherish what we have, we’ll lose what has been one of the great, great periods of progress in human history.
  • COWEN: Why does your book cover the 17th-century Dutch Golden Age? ZAKARIA: The Dutch are the first modern country. If you think about politics before that — certainly with the exception of ancient Greece and Rome — in modern history, the Dutch invent modern politics and economics. They invent modern politics in the sense that it’s the first time politics is not about courts and kings. It is about a merchant republic with powerful factions and interest groups and political parties, or the precursor to political parties.
  • It’s the beginning of modern economics because it’s economics based not simply on land and agriculture, but on the famous thing that John Locke talked about, which is mixing human beings’ labor with the land. The Dutch literally do this when they reclaim land from the sea and find ways to manage it, and then invent tall ships, which is, in some ways, one of the first great technological revolutions that has a direct economic impact.
  • You put all that together, and the Dutch — they become the richest country in the world, and they become the leading technological power in the world. It was very important to me to start the story — because they are really the beginnings of modern liberalism
  • COWEN: Circa 1800, how large were the Chinese and Indian economies?
  • Circa 1800, the Chinese and Indian economies are the two largest economies in the world, and people have taken this to mean, oh, the West had a temporary spurt because of colonies and cheap energy, and that the Chinese and Indians are just coming back to where they were.
  • First of all, the statistic is misleading because in those days, GDP was simply measured by using population. All society was agricultural. The more people you had, the larger your GDP. It was meaningless because the state could not extract that GDP in any meaningful way, and it’s meaningless because it doesn’t measure progress. It doesn’t measure per capita GDP growth, which is the most important thing to look at.
  • If you look at per capita GDP growth from 1350 to 1950, for 600 years, India and China have basically no movement. It’s about $600 in 1350 and $600 in 1950. The West, by comparison, moves up 600 percent in that period. It’s roughly $500 per capita GDP to roughly $5,000 per capita GDP.
  • You can also look at all kinds of other measures. You can look at diet. There are economic historians who’ve done this very well, and people in England were eating four to five times as much grain and protein as people in China and India. You can look at the extraordinary flourishing of science and engineering. You can look at the rise of the great universities. It’s all happening in the West.
  • The reason this is important is, people need to understand the rise of the West has been a very profound, deep-rooted historical phenomenon that began sometime in the 15th century. The fact that we’re moving out of that phase is a big, big deal. This is not a momentary blip. This is a huge train. The West define modernity. Even when countries try to be modern, they are in some way becoming Western because there is no path we know of to modernity without that.
  • One other way of just thinking about how silly that statistic is: in pure GDP terms, China had a larger GDP than Britain in 1900. Now, look at Britain in 1900: the most advanced industrial society in the world, ruling one-quarter of the world, largest navy in the world, was able to humiliate China by using a small fraction of its military power during the opium era. That’s what tells you that number is really meaningless. The West has been significantly more advanced than the rest of the world since the 16th century at least.
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It's not just vibes. Americans' perception of the economy has completely changed. - ABC... - 0 views

  • Applying the same pre-pandemic model to consumer sentiment during and after the pandemic, however, simply does not work. The indicators that correlated with people's feelings about the economy before 2020 no longer seem to matter in the same way
  • As with so many areas of American life, the pandemic has changed virtually everything about how people think about the economy and the issues that concern them
  • Prior to the pandemic, our model shows consumers felt better about the economy when the personal savings rate, a measure of how much money households are able to save rather than spend each month, was higher. This makes sense: People feel better when they have money in the bank and are able to save for important purchases like cars and houses.
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  • Before the pandemic, a number of variables were statistically significant indicators for consumer sentiment in our model; in particular, the most salient variables appear to be vehicle sales, gas prices, median household income, the federal funds effective rate, personal savings and household expenditures (excluding food and energy).
  • surprisingly, our pre-pandemic model didn't find a notable relationship between housing prices and consumer sentiment
  • All this taken together meant Americans were flush with cash but had nowhere to spend it. So despite the fact that the savings rate went way up, consumers still weren't feeling positively about the economy — contrary to the relationship between these two variables we saw in the decades before the pandemic.
  • Fast forward to 2024, and the personal savings rate has dropped to one of its lowest levels ever (the only time the savings rate was lower was in the years surrounding the Great Recession)
  • during and after the pandemic, Americans saw some of the highest rates of inflation the country has had in decades, and in a very short period of time. These sudden spikes naturally shocked many people who had been blissfully enjoying slow, steady price growth their entire adult lives. And it has taken a while for that shock to wear off, even as inflation has cre
  • the numbers align with our intuitive sense of how consumers process suddenly having their grocery store bill jump, as well as the findings from our model. In simple terms: Even if inflation is getting better, Americans aren't done being ticked off that it was bad to begin with.
  • During the pandemic, the personal savings rate soared. In April 2020, the metric was nearly double its previous high, recorded in May 1975.
  • However, in our post-pandemic data, when we examined how correlated consumer sentiment was with each indicator we considered, consumer sentiment and median housing prices had the strongest correlation of all****** (a negative one, meaning higher prices were associated with lower consumer sentiment)
  • "Right before the pandemic, the typical average transaction price was around $38,000 for a new car. By 2023, it was $48,000," Schirmer said. This could all be contributing to the break in the relationship between car sales and sentiment, he noted. Basically, people might be buying cars, but they aren't necessarily happy about it.
  • That's true even if a family has been able to save enough for a down payment, already a difficult task when rents remain high as well. Fewer people are able to cover their current housing costs while saving enough to make a down payment.
  • Low-income households are still the most likely to be burdened with high rents, but they're not the only ones affected anymore. High rents have also begun to affect those at middle-income levels as well.
  • In short, there was already a housing affordability crisis before the pandemic. Now it's worse, locking a wider array of people, at higher and higher income levels, out of the home-buying market
  • People who are renting but want to buy are stuck. People who live in starter homes and want to move to bigger homes are stuck. The conditions have frustrated a fundamental element of the American dream
  • In our pre-pandemic model, total vehicle sales had a strong positive relationship with consumer sentiment: If people were buying cars, you could pretty reasonably bet that they felt good about the economy. This feels intuitive — who buys a car if they think the economy
  • Cox Automotive also tracks vehicle affordability by calculating the estimated number of weeks' worth of median income needed to purchase the average new vehicle, and while that number has improved over the last two years, it remains high compared to pre-pandemic levels. In April, the most recent month with data, it took 37.7 weeks of median income to purchase a car, compared with fewer than 35 weeks at the end of 2019.
  • during the pandemic, low interest rates, high savings rates and changes in working patterns — namely, many workers' newfound ability to work from home — helped overheat the homebuying market, and buyers ran headlong into an enduring supply shortage. There simply weren't enough houses to buy, which drove up the costs of the ones that were for sale.
  • Inspired by our model of economic indicators and sentiment from 1987 to 2019, we tried to train a similar linear regression model on the same data from 2021 to 2024 to more directly compare how things changed after the pandemic. While we were able to get a pretty good fit for this post-pandemic model,******* something interesting happened: Not a single variable showed up as a statistically significant predictor of consumer sentiment.
  • This suggests there's something much more complicated going on behind the scenes: Interactions between these variables are probably driving the prediction, and there's too much noise in this small post-pandemic data set for the model to disentangle i
  • Changes in the kinds of purchases we've discussed — homes, cars and everyday items like groceries — have fundamentally shifted the way Americans view how affordable their lives are and how they measure their quality of life.
  • Even though some indicators may be improving, Americans are simply weighing the factors differently than they used to, and that gives folks more than enough reason to have the economic blues.
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