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In Florida, Biden Says 'I Wasn't Surprised' by Trump's Diagnosis - The New York Times - 0 views

  • Joseph R. Biden Jr. ventured onto the campaign trail, where he wished the president a speedy recovery but criticized his leadership, suggesting that he bore some responsibility for his positive test after flouting public health guidelines around masks and social distancing.
  • “Anybody who contracts the virus by essentially saying masks don’t matter, social distancing doesn’t matter, I think is responsible for what happens to them,” Mr. Biden said
  • “Quite frankly, I wasn’t surprised,” he said in response to another question.
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  • Mr. Biden, whose campaign said he had tested negative for the coronavirus on Sunday,
  • But on Monday, after the president unleashed a flurry of all-caps tweets urging his supporters to vote, Mr. Biden issued several sharp remarks about the administration’s approach to the virus, even as he expressed well wishes for the president’s health.
  • Mr. Biden said during an address that he delivered in the Little Havana neighborhood of Miami while wearing a mask. “Now that he’s busy tweeting campaign messages, I would ask him to do this: Listen to the scientists. Support masks. Support a — mask mandates nationwide.”
  • Mr. Trump left the hospital after tweeting in reference to a disease that has killed more than 209,000 people in the United States: “Don’t be afraid of Covid. Don’t let it dominate your life.” He emphasized that message in a video he posted on Twitter soon after arriving back at the White House.
  • “There’s a lot to be concerned about,” Mr. Biden responded on NBC, noting the death count. “I hope no one walks away with the message, thinking that it is not a problem. It’s a serious problem.”
  • “President Trump cannot advance democracy and human rights,” Mr. Biden said, “when he has embraced so many autocrats around the world, starting with Vladimir Putin.”
  • “I look like a socialist?” Mr. Biden said. “I’m the guy that ran against the socialist, remember? I got in trouble through the whole campaign, twenty-some candidates — ‘Joe Biden was too centrist, too moderate, too straightforward.’ That was Joe Biden.”
  • “Cuba is no closer to freedom and democracy than it was four years ago,” he said, arguing that the current “administration’s approach is not working.”
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While Trump harps on the past, Covid-19 vaccine meeting offers glimmer of hope for the ... - 0 views

  • President Donald Trump has abdicated his leadership role on the pandemic as he pursues his undemocratic quest to overturn the election, but Americans could get the first real glimmer of hope that their lives will return to normal Thursday when a key advisory panel meets to discuss greenlighting the first Covid-19 vaccine.
  • On Wednesday, the US recorded the highest single day tally of more than 3,000 deaths -- and some communities continue to resist precautionary measures like mask mandates as a vocal few falsely claim that the pandemic does not exist.
  • Trump is pursuing a new round in his quixotic bid to overturn the November election by attempting to intervene in a lawsuit filed with the Supreme Court.
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  • President-elect Joe Biden's team has magnified the giant hurdles that loom for government officials as they try to ensure the smooth delivery of millions of vaccine doses within the 50 states and cities with different ideas about the best way to administer them.
  • Trump told guests that with the help of "certain very important people -- if they have wisdom and if they have courage -- we're going to win this election." The crowd chanted "four more years."
  • the crucial question is whether Trump and his administration are equipping the incoming Biden administration with the knowledge and tools they need to carry out an unprecedented vaccination operation as Trump's White House grudgingly passes the baton.
  • Trump answered a question this week about why he wasn't including Biden aides in a vaccine summit by insisting the election still wasn't settled.
  • There were signs Wednesday, however, that cooperation is slowly beginning to take shape behind the scenes. Health and Human Services Secretary Alex Azar said that he has met with Biden's team -- a rare acknowledgment of the former vice president's victory from a top Trump official -- and he insisted that he wants "to make sure they get everything that they need."
  • "Twenty million people should get vaccinated in just the next several weeks, and then we'll just keep rolling out vaccines through January, February, March as they come off the production lines," Azar said, trying to offer a note of reassurance about continuity during an interview on CNN's New Day.
  • The vaccine distribution challenges surrounding a once-in-a-lifetime pandemic would normally be at the top of the agenda for any commander-in-chief. But unsurprisingly, Trump is refusing to acknowledge the potential problems as he spreads disinformation to his supporters, and his administration -- at his behest -- continues to target Biden's son Hunter, who revealed Wednesday that his taxes are under federal investigation.
  • The attorney representing Trump, John Eastman, is known for recently pushing a racist conspiracy theory -- that Trump himself later amplified -- claiming Vice President-elect Kamala Harris might not be eligible for the role because her parents were immigrants.
  • Kansas Sen. Jerry Moran, a Republican, said "it is unhealthy for the well-being of the country" to continue debating the outcome of the election "once the presidential race has been determined."
  • "Unless a court makes some other decision, the Electoral College is the defining outcome of the presidential race," Moran said. Asked what would be next if Trump doesn't concede, Moran said: "There is a transition that just occurs -- occurs under our laws under the Constitution."
  • With hopes riding on the vaccine authorization discussion Thursday, the country continued to grapple with an alarming rise in cases around the country as medical professionals began to see the post-Thanksgiving spike materialize and some regions reverted to shutdowns to try to preserve hospital capacity.
  • "This is by far, the worst surge to date," Colfax said. "The reality is unfortunately proving to be as harsh as we expected. ... The vaccine will not save us from this current surge -- there is simply not enough time."
  • "The more terrible truth is that over 8,000 people, ... who were beloved members of their family, are not coming back. And their deaths are an incalculable loss to their friends and their family, as well as our community."
  • Though Trump has said that the vaccination program will "quickly and dramatically reduce deaths," a new White House task force report warns that the vaccine "will not substantially reduce viral spread, hospitalizations, or fatalities until the 100 million Americans with comorbidities can be fully immunized, which will take until the late spring."
  • The FDA is expected to conduct its authorization review between December 11 and the 14, with first shipment of the vaccine going out by December 15. Needles, syringes and other materials to deliver the vaccines are already on their way to states.
  • Gen. Gustave Perna, said that 2.9 million doses of vaccine will go out in the first shipment from Pfizer once the FDA grants emergency use authorization.
  • Initially the federal government expected to receive 6.4 million doses from Pfizer as the first shipment. But because the vaccine is administered in two doses, the math is more complicated. About 500,000 doses will be set aside as a reserve supply, and the remaining number was divided in half to set aside what is needed for the second dose of the Pfizer vaccine, which brought down the total in the first shipment to 2.9 million doses.
  • "We just want to make sure that Americans understand exactly the science that went into this, understand the gold standard of the FDA and the approval process. We want to make sure that the vaccines are actually administered, and we're afraid that that won't happen," Ostrowski said.
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How Russia Wins the Climate Crisis - The New York Times - 0 views

  • As the planet continues to warm, vast new stretches of Russia will become suitable for agriculture.
  • A great transformation is underway in the eastern half of Russia. For centuries the vast majority of the land has been impossible to farm;
  • Twenty years ago, Dima says, the spring thaw came in May, but now the ground is bare by April; rainstorms now come stronger and wetter.
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  • Russia hopes to seize on the warming temperatures and longer growing seasons brought by climate change to refashion itself as one of the planet’s largest producers of food.
  • But for a few nations, climate change will present an unparalleled opportunity, as the planet’s coldest regions become more temperate.
  • And no country may be better positioned to capitalize on climate change than Russia. Russia has the largest land mass by far of any northern nation.
  • There is an optimum climate for human productivity — average annual temperatures between 52 and 59 degrees Fahrenheit, according to a recent study in the Proceedings of the National Academy of Sciences — and much of the planet’s far north is headed straight toward it.
  • And as the climate warms, Canada will move into the ecological sweet spot for civilization, benefiting from new Arctic transportation routes as well as an expanded capacity for farming.
  • This is why a group of Canadian business executives and academics have called on their government to turn the country’s immigration system into a magnet for the planet’s most talented people, hoping to nearly triple Canada’s population by 2100.
  • The race for prosperity in a climate-changed world is about achieving domestic self-reliance and also expanding geopolitical influence.
  • but Tchebakova’s research suggests that if humans continue to emit carbon dioxide at high rates, roughly half of Siberia — more than two million square miles — could become available for farming by 2080, and its capacity to support potential climate migrants could jump ninefold in some places as a result.
  • The wait may not be especially long. This season, crops of winter wheat and canola seed outside Tchebakova’s own city of Krasnoyarsk in southern Siberia produced twice the yields as the year before.
  • As Vladimir Putin himself once glibly put it, a couple of degrees of warming might not be so bad: “We could spend less on fur coats, and the grain harvest would go up.”
  • But agriculture offers the key to one of the greatest resources of the new climate era — food — and in recent years Russia has already shown a new understanding of how to leverage its increasingly strong hand in agricultural exports
  • Russia’s agricultural dominance, says Rod Schoonover, the former director of environment and natural resources at the National Intelligence Council and a former senior State Department analyst under the Obama and Trump administrations, is “an emergent national security issue” that is “underappreciated as a geopolitical threat.”
  • In 2010, in what was a rare and early official assessment of climate risk, the U.S. Department of Defense’s Quadrennial Defense Review warned that climate change “could have significant geopolitical impacts,” contributing to poverty, starvation, drought and the spread of disease
  • The current plan invites any Russians willing to relocate themselves in Siberia and the Far East, including in the Birobidzhan area of the Jewish Autonomous Region, to buy properties at 2 percent interest.
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Opinion | What Elizabeth Holmes and Theranos Reveal About Venture Capitalism - The New ... - 0 views

  • the history of venture capital is replete with partnerships that bestrode the Valley and then lost their footing. In 2001, the top two investors at the storied firm of Kleiner Perkins were ranked first and third on the Forbes Midas List of the top 100 V.C. investors. Twenty years later, only one Kleiner partner was ranked, and he came 77th.
  • Spend time with other sophisticated V.C. shops, and their deliberate methods become clear. Accel, the partnership best known for backing Facebook, developed an approach known as “prepared mind.” You study a coming technology shift — for example, the migration of data from customer devices to the cloud. You figure out the implications: new hardware configurations, new software business models, new security vulnerabilities. Then, when you come across a start-up that is poised to surf the new wave profitably, you are primed to react quickly.
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Opinion | America Has Split, and It's Now in 'Very Dangerous Territory' - The New York ... - 0 views

  • Why did the national emergency brought about by the Covid pandemic not only fail to unite the country but instead provoke the exact opposite development, further polarization?
  • Covid seems to be the almost ideal polarizing crisis. It was conducive to creating strong identities and mapping onto existing ones
  • That these identities corresponded to compliance with public health measures literally increased “riskiness” of intergroup interaction. The financial crisis was also polarizing for similar reasons — it was too easy for different groups to blame each other for the problems.
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  • Any depolarizing event would need to be one where the causes are transparently external in a way that makes it hard for social groups to blame each other
  • Of the episodes since 1950 where democracies polarized, all of those aside from the United States involved less wealthy, less longstanding democracies, many of which had democratized quite recently.
  • A series of recent analyses reveals the destructive power of polarization across the American political system.
  • The United States is quite alone among the ranks of perniciously polarized democracies in terms of its wealth and democratic experience
  • It is increasingly hard to see what sort of event has that feature these days.
  • None of the wealthy, consolidated democracies of East Asia, Oceania or Western Europe, for example, have faced similar levels of polarization for such an extended period.
  • “the United States is the only advanced Western democracy to have faced such intense polarization for such an extended period. The United States is in uncharted and very dangerous territory.”
  • there are “a number of features that make the United States both especially susceptible to polarization and especially impervious to efforts to reduce it.”
  • The authors point to a number of causes, including “the durability of identity politics in a racially and ethnically diverse democracy.”
  • the United States has “a unique combination of a majoritarian electoral system with strong minoritarian institutions.”
  • An additional cause, the authors write, is thatbinary choice is deeply embedded in the U.S. electoral system, creating a rigid two-party system that facilitates binary divisions of society. For example, only five of twenty-six wealthy consolidated democracies elect representatives to their national legislatures in single-member districts.
  • The United States is perhaps alone in experiencing a demographic shift that poses a threat to the white population that has historically been the dominant group in all arenas of power, allowing political leaders to exploit insecurities surrounding this loss of status.
  • “The Senate is highly disproportionate in its representation,” they add, “with two senators per state regardless of population, from Wyoming’s 580,000 to California’s 39,500,000 persons,” which, in turn, “translates to disproportionality in the Electoral College — whose indirect election of the president is again exceptional among presidential democracies.”
  • finally, there is the three-decade trend of partisan sorting, in whichthe two parties reinforce urban-rural, religious-secular and racial-ethnic cleavages rather than promote crosscutting cleavages. With partisanship now increasingly tied to other kinds of social identity, affective polarization is on the rise, with voters perceiving the opposing party in negative terms and as a growing threat to the nation.
  • Two related studies — “Inequality, Identity and Partisanship: How Redistribution Can Stem the Tide of Mass Polarization” by Alexander J. Stewart, Joshua B. Plotkin and McCarty and “Polarization Under Rising Inequality and Economic Decline” by Stewart, McCarty and Joanna Bryson — argue that aggressive redistribution policies designed to lessen inequality must be initiated before polarization becomes further entrenched
  • “once polarization sets in, it typically remains stable under individual-level evolutionary dynamics, even when the economic environment improves or inequality is reversed.”
  • Interactions with more diverse out-group members pool greater knowledge, applicable to a wider variety of situations. These interactions, when successful, generate better solutions and greater benefits. However, we also assume that the risk of failure is higher for out-group interactions
  • At the same time, the spread of polarization goes far beyond politics, permeating the culture and economic structure of the broader society.
  • economic scarcity acts as a strong disincentive to cooperative relations between disparate racial and ethnic groups, in large part because such cooperation may produce more benefits but at higher risk:
  • In other words, a deeply polarized electorate is highly unlikely to support redistribution that would benefit their adversaries as well as themselves.
  • In times of prosperity, people are more willing to risk failure, they write, but that willingness disappears when populations arefaced with economic decline. We show that such group polarization can be contagious, and a subpopulation facing economic hardship in an otherwise strong economy can tip the whole population into a state of polarization.
  • A key finding in our studies is that it really matters when redistributive policies are put in place. Redistribution functions far better as a prevention than a cure for polarization in part for the reason your question suggests: If polarization is already high, redistribution itself becomes the target of polarized attitudes.
  • Using “data from Amazon, 82.5 million reviews of 9.5 million products and category metadata from 1996-2014,” the authors determined which “product categories are most politically relevant, aligned and polarized.”
  • While the processes Zmigrod describes characterize the extremes, the electorate as a whole is moving farther and farther apart into two mutually loathing camps.
  • even small categories like automotive parts have notable political alignment indicative of lifestyle politics. These results indicate that lifestyle politics spread deep and wide across markets.
  • political psychologists dispute the argument that only “conservatism is associated with prejudice” and that “the types of dispositional characteristics associated with conservatism (e.g., low cognitive ability, low openness) explain this relationship.”
  • “when researchers use a more heterogeneous array of targets, people across the political spectrum express prejudice against groups with dissimilar values and beliefs.”
  • Earlier research has correctly found greater levels of prejudice among conservatives, they write, but these studies have focused on prejudice toward liberal-associated groups: minorities, the poor, gay people and other marginalized constituencies.
  • when the targets of prejudice are expanded to include “conservative-associated groups such as Christian fundamentalists, military personnel and ‘rich people,’” similar levels of prejudice emerge.
  • Caughey and his co-authors showa surprisingly close correspondence between mass and elite trends.
  • “people high in cognitive ability are prejudiced against more conservative and conventional groups,” while “people low in cognitive ability are prejudiced against more liberal and unconventional groups.”
  • he “rigidity-of-the-right hypotheses” should be expanded in recognition of the fact that “cognitive rigidity is linked to ideological extremism, partisanship and dogmatism across political and nonpolitical ideologies.”
  • “extreme right-wing partisans are characterized by specific psychological traits including cognitive rigidity and impulsivity. This is also true of extreme left-wing partisans.”
  • a clear inverted-U shaped curve emerged such that those on the extreme right and extreme left exhibited cognitive rigidity on neuropsychological tasks, in comparison to moderates.
  • “Low openness to experience is associated with prejudice against groups seen as socially unconventional (e.g., atheists, gay men and lesbians),” they write, whereas high openness is “associated with prejudice against groups seen as socially conventional (e.g., military personnel, evangelical Christians).
  • Analyzing these “pervasive lifestyle politics,” Ruch, Decter-Frain and Batra find that “cultural products are four times more polarized than any other segment.”
  • 1) ideological divergence between Democrats and Republicans has widened dramatically within each domain, just as it has in Congress;
  • (2) ideological variation across senators’ partisan subconstituencies is now explained almost completely by party rather than state, closely tracking trends in the Senate
  • (3) economic, racial and social liberalism have become highly correlated across partisan subconstituencies, just as they have across members of Congress
  • Caughey, Dunham and Warshaw describe the growing partisan salience of racial and social issues since the 1950s:The explanatory power of party on racial issues increased hugely over this period and that of state correspondingly declined. We refer to this process as the “ideological nationalization” of partisan subconstituencies.
  • In the late 1950s, they continue,party explained almost no variance in racial conservatism in either arena. Over the next half century, the Senate and public time series rise in tandem.
  • Contrary to the claim that racial realignment had run its course by 1980, they add, “our data indicate that differences between the parties continued to widen through the end of the 20th century, in the Senate as well as in the mass public. By the 2000s, party explained about 80 percent of the variance in senators’ racial conservatism and nearly 100 percent of the variance in the mass public.
  • “it has limited the two parties’ abilities to tailor their positions to local conditions. Moreover, it has led to greater geographic concentration of the parties’ respective support coalitions.”
  • Today, across all offices, conservative states are largely dominated by Republicans, whereas the opposite is true of liberal states. The ideological nationalization of the party system thus seems to have undermined party competition at the state level.
  • this will continue to give ideological extremists an advantage in both parties’ primaries. It also means that the pool of people that run for office is increasingly extreme.
  • It will probably reduce partisans’ willingness to vote for the out-party. This could dampen voters’ willingness to hold candidates accountable for poor performance and to vote across party lines to select higher-quality candidates. This will probably further increase the importance of primaries as a mechanism for candidate selection.
  • Looking over the contemporary political landscape, there appear to be no major or effective movements to counter polarization.
  • As the McCoy-Press report shows, only 16 of the 52 countries that reached levels of pernicious polarization succeeded in achieving depolarization and in “a significant number of instances later repolarized to pernicious levels. The progress toward depolarization in seven of 16 episodes was later undone.”
  • That does not suggest a favorable prognosis for the United States.
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Portugal's drug decriminalization faces opposition as addiction multiplies - The Washin... - 0 views

  • Cocaine production is at global highs. Seizures of amphetamine and methamphetamine have exploded. The multiyear pandemic deepened personal burdens and fomented an increase in use.
  • In the United States alone, overdose deaths, fueled by opioids and deadly synthetic fentanyl, topped 100,000 in both 2021 and 2022 — or double what it was in 2015.
  • Across the Atlantic in Europe, tiny Portugal appeared to harbor an answer. In 2001, it threw out years of punishment-driven policies in favor of harm reduction by decriminalizing consumption of all drugs for personal use, including the purchase and possession of 10-day supplies.
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  • Consumption remains technically against the law, but instead of jail, people who misuse drugs are registered by police and referred to “dissuasion commissions.” For the most troubled people, authorities can impose sanctions including fines and recommend treatment. The decision to attend is voluntary.
  • Other countries have moved to channel drug offenses out of the penal system too. But none in Europe institutionalized that route more than Portugal. Within a few years, HIV transmission rates via syringes — one the biggest arguments for decriminalization — had plummeted. From 2000 to 2008, prison populations fell by 16.5 percent. Overdose rates dropped as public funds flowed from jails to rehabilitation. There was no evidence of a feared surge in use.
  • None of the parade of horrors that decriminalization opponents in Portugal predicted, and that decriminalization opponents around the world typically invoke, has come to pass,” a landmark Cato Institute report stated in 2009.
  • But in the first substantial way since decriminalization passed, some Portuguese voices are now calling for a rethink of a policy that was long a proud point of national consensus. Urban visibility of the drug problem, police say, is at its worst point in decades and the state-funded nongovernmental organizations that have largely taken over responding to the people with addiction seem less concerned with treatment than affirming that lifetime drug use should be seen as a human right.
  • “At the end of the day, the police have their hands tied,” said António Leitão da Silva, chief of Municipal Police of Porto, adding the situation now is comparable to the years before decriminalization was implemented.
  • the percent of adults who have used illicit drugs increased to 12.8 percent in 2022, up from 7.8 in 2001, though still below European averages
  • Overdose rates have hit 12-year highs and almost doubled in Lisbon from 2019 to 2023. Sewage samples in Lisbon show cocaine and ketamine detection is now among the highest in Europe, with elevated weekend rates suggesting party-heavy usage
  • even proponents of decriminalization here admit that something is going wrong.
  • In Porto, the collection of drug-related debris from city streets surged 24 percent between 2021 and 2022, with this year on track to far outpace the last.
  • Crime — including robbery in public spaces — spiked 14 percent from 2021 to 2022, a rise police blame partly on increased drug use
  • When crack pipes are available, the social workers give them out. There’s no judgment, few questions, and no pressure to embrace change.
  • Summing up the philosophy, Luísa Neves, SAOM’s president, said: “You have to respect the user. If they want to use, it is their right.”
  • Police deployed in force to the area three months ago to crack down on dealers, who can be and are being arrested. Patrol cars are now stationed in the neighborhood 24 hours a day, scattering people using drug
  • overdoses this year in Portland, the state’s largest city, have surged 46 percent.
  • “When you first back off enforcement, there are not many people walking over the line that you’ve removed. And the public think it’s working really well,
  • “Then word gets out that there’s an open market, limits to penalties, and you start drawing in more drug users. Then you’ve got a more stable drug culture, and, frankly, it doesn’t look as good anymore.”
  • An eight-minute walk uphill from Porto’s safe drug-use center, in a neighborhood of elegant two-story homes with hedgerows of roses and hibiscus, neighbors talk of an “invasion” of people using drugs since the pandemic
  • In Oregon — where the policy took effect in early 2021 openly citing Portugal as a model — attempts to funnel people with addiction from jail to rehabilitation have had a rough start. Police have shown little interest in handing out toothless citations for drug use, grants for treatment have lagged, and extremely few people are seeking voluntary rehabilitation
  • We have to do something with the law. We know they can’t stay here forever. What happens when the police leave?”
  • Porto’s mayor and other critics, including neighborhood activist groups, are not calling for a wholesale repeal of decriminalization — but rather, a limited re-criminalization in urban areas and near schools and hospitals to address rising numbers of people misusing drugs.
  • In a country where the drug policy is seen as sacred, even that has generated pushback — with nearly 200 experts signing an opposition letter after Porto’s city commission in January passed a resolution seeking national-level changes.
  • ave today no longer serves as an example to anyone.” Rather than fault the policy, however, he blames a lack of funding.
  • After years of economic crisis, Portugal decentralized its drug oversight operation in 2012. A funding drop from 76 million euros ($82.7 million) to 16 million euros ($17.4 million) forced Portugal’s main institution to outsource work previously done by the state to nonprofit groups, including the street teams that engage with people who use drugs. The country is now moving to create a new institute aimed at reinvigorating its drug prevention programs.
  • Twenty years ago, “we were quite successful in dealing with the big problem, the epidemic of heroin use and all the related effects,” Goulão said in an interview with The Washington Post. “But we have had a kind of disinvestment, a freezing in our response … and we lost some efficacy.”
  • Of two dozen street people who use drugs and were asked by The Post, not one said they’d ever appeared before one of Portugal’s Dissuasion Commissions, envisioned as conduits to funnel people with addiction into rehab
  • “Why?”
  • “Because we know most of them. We’ve registered them before. Nothing changes if we take them in.”
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An Ancient Guide to the Good Life | The New Yorker - 0 views

  • What’s striking about AITA is the language in which it states its central question: you’re asked not whether I did the right thing but, rather, what sort of person I’m being.
  • We would have a different morality, and an impoverished one, if we judged actions only with those terms of pure evaluation, “right” or “wrong,” and judged people only “good” or “bad.”
  • , if Aristotle’s ethics is to be sold as a work of what we call self-help, we have to ask: How helpful is it?
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  • Our vocabulary of commendation and condemnation is perpetually changing, but it has always relied on “thick” ethical terms, which combine description and evaluation.
  • “How to flourish” was one such topic, “flourishing” being a workable rendering of Aristotle’s term eudaimonia. We might also translate the term in the usual way, as “happiness,” as long as we suspend some of that word’s modern associations; eudaimonia wasn’t something that waxed and waned with our moods
  • For Aristotle, ethics was centrally concerned with how to live a good life: a flourishing existence was also a virtuous one.
  • “famously terse, often crabbed in their style.” Crabbed, fragmented, gappy: it can be a headache trying to match his pronouns to the nouns they refer to. Some of his arguments are missing crucial premises; others fail to spell out their conclusions.
  • Aristotle is obscure in other ways, too. His highbrow potshots at unnamed contemporaries, his pop-cultural references, must have tickled his aristocratic Athenian audience. But the people and the plays he referred to are now lost or forgotten. Some readers have found his writings “affectless,” stripped of any trace of a human voice, or of a beating human heart.
  • Flourishing is the ultimate goal of human life; a flourishing life is one that is lived in accord with the various “virtues” of the character and intellect (courage, moderation, wisdom, and so forth); a flourishing life also calls for friendships with good people and a certain measure of good fortune in the way of a decent income, health, and looks.
  • much of what it says can sound rather obvious
  • Virtue is not just about acting rightly but about feeling rightly. What’s best, Aristotle says, is “to have such feelings at the right time, at the right objects and people, with the right goal, and in the right manner.” Good luck figuring out what the “right time” or object or manner is.
  • Virtue is a state “consisting in a mean,” Aristotle maintains, and this mean “is defined by reference to reason, that is to say, to the reason by reference to which the prudent person would define it.
  • The phrase “prudent person” here renders the Greek phronimos, a person possessed of that special quality of mind which Aristotle called “phronesis.” But is Aristotle then saying that virtue consists in being disposed to act as the virtuous person does? That sounds true, but trivially so.
  • it helps to reckon with the role that habits of mind play in Aristotle’s account. Meyer’s translation of “phronesis” is “good judgment,” and the phrase nicely captures the combination of intelligence and experience which goes into acquiring it, along with the difficulty of reducing it to a set of explicit principles that anyone could apply mechanically, like an algorithm.
  • “good judgment” is an improvement on the old-fashioned and now misleading “prudence”; it’s also less clunky than another standby, “practical wisdom.”
  • The enormous role of judgment in Aristotle’s picture of how to live can sound, to modern readers thirsty for ethical guidance, like a cop-out. Especially when they might instead pick up a treatise by John Stuart Mill and find an elegantly simple principle for distinguishing right from wrong, or one by Kant, in which they will find at least three. They might, for that matter, look to Jordan Peterson, who conjures up as many as twelve.
  • the question of how to flourish could receive a gloomy answer from Aristotle: it may be too late to start trying. Why is that? Flourishing involves, among other things, performing actions that manifest virtues, which are qualities of character that enable us to perform what Aristotle calls our “characteristic activity
  • But how do we come to acquire these qualities of character, or what Meyer translates as “dispositions”? Aristotle answers, “From our regular practice.”
  • In a passage missing from Meyer’s ruthless abridgment, Aristotle warns, “We need to have been brought up in noble habits if we are to be adequate students of noble and just things. . . . For we begin from the that; if this is apparent enough to us, we can begin without also knowing why. Someone who is well brought up has the beginnings, or can easily acquire them.”
  • Aristotle suggests, more generally, that you should identify the vices you’re susceptible to and then “pull yourself away in the opposite direction, since by pulling hard against one fault, you get to the mean (as when straightening out warped planks).
  • Sold as a self-help manual in a culture accustomed to gurus promulgating “rules for living,” Aristotle’s ethics may come as a disappointment. But our disappointment may tell us more about ourselves than it does about Aristotle.
  • Michael Oakeshott wrote that “nobody supposes that the knowledge that belongs to the good cook is confined to what is or may be written down in the cookery book.” Proficiency in cooking is, of course, a matter of technique
  • My tutor’s fundamental pedagogical principle was that to teach a text meant being, at least for the duration of the tutorial, its most passionate champion. Every smug undergraduate exposé of a fallacy would be immediately countered with a robust defense of Aristotle’s reasoning.
  • “How to read Aristotle? Slowly.”
  • I was never slow enough. There was always another nuance, another textual knot to unravel
  • Sometimes we acquire our skills by repeatedly applying a rule—following a recipe—but when we succeed what we become are not good followers of recipes but good cooks. Through practice, as Aristotle would have said, we acquire judgment.
  • What we were doing with this historical text wasn’t history but philosophy. We were reading it not for what it might reveal about an exotic culture but for the timelessly important truths it might contain—an attitude at odds with the relativism endemic in the rest of the humanities.
  • There is no shortcut to understanding Aristotle, no recipe. You get good at reading him by reading him, with others, slowly and often. Regular practice: for Aristotle, it’s how you get good generally.
  • “My parents taught me the difference between right and wrong,” he said, “and I can’t think what more there is to say about it.” The appropriate response, and the Aristotelian one, would be to agree with the spirit of the remark. There is such a thing as the difference between right and wrong. But reliably telling them apart takes experience, the company of wise friends, and the good luck of having been well brought u
  • we are all Aristotelians, most of the time, even when forces in our culture briefly persuade us that we are something else. Ethics remains what it was to the Greeks: a matter of being a person of a certain sort of sensibility, not of acting on “principles,” which one reserves for unusual situations of the kind that life sporadically throws up
  • That remains a truth about ethics even when we’ve adopted different terms for describing what type of person not to be: we don’t speak much these days of being “small-souled” or “intemperate,” but we do say a great deal about “douchebags,” “creeps,” and, yes, “assholes.
  • In one sense, it tells us nothing that the right thing to do is to act and feel as the person of good judgment does. In another sense, it tells us virtually everything that can be said at this level of generality.
  • If self-help means denying the role that the perceptions of others play in making us who we are, if it means a set of rules for living that remove the need for judgment, then we are better off without it.
  • Aristotle had little hope that a philosopher’s treatise could teach someone without much experience of life how to make the crucial ethical distinctions. We learn to spot an “asshole” from living; how else
  • when our own perceptions falter, we continue to do today exactly what Aristotle thought we should do. He asserts, in another significant remark that doesn’t make Meyer’s cut, that we should attend to the words of the old and experienced at least as much as we do to philosophical proofs: “these people see correctly because experience has given them their eye.”
  • Is it any surprise that the Internet is full of those who need help seeing rightly? Finding no friendly neighborhood phronimos to provide authoritative advice, you defer instead to the wisdom of an online community.
  • “The self-made man,” Oakeshott wrote, “is never literally self-made, but depends upon a certain kind of society and upon a large unrecognized inheritance.”
  • It points us in the right direction: toward the picture of a person with a certain character, certain habits of thinking and feeling, a certain level of self-knowledge and knowledge of other people.
  • We have long lived in a world desperate for formulas, simple answers to the simple question “What should I do?”
  • the algorithms, the tenets, the certificates are all attempts to solve the problem—which is everybody’s problem—of how not to be an asshole. Life would be a lot easier if there were rules, algorithms, and life hacks solving that problem once and for all. There aren’t.
  • At the heart of the Nicomachean Ethics is a claim that remains both edifying and chastening: phronesis doesn’t come that easy. Aristotle devised a theory that was vague in just the right places, one that left, intentionally, space to be filled in by life. 
  • Twenty-four centuries later, we’re still guided by the approach toward ethical life that Aristotle exemplified, one in which the basic question is not what we do but who we are
  • The Internet has no shortage of moralists and moralizers, but one ethical epicenter is surely the extraordinary, addictive subreddit called “Am I the Asshole?,” popularly abbreviated AITA
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Opinion | People in Their 20s Aren't Supposed to Be This Unhappy - The New York Times - 0 views

  • There’s a truism in happiness studies that stress and despair peak in middle age; the young and the old are mentally healthier. But the mental health of young people has deteriorated. In February, the Centers for Disease Control and Prevention reported that nearly three in five teenage girls felt persistent sadness in 2021.
  • What Blanchflower spotted is that the middle-age hump of unhappiness has gone away entirely, with adulthood unhappiness now worst at the very beginning. “This is a completely new thing,”
  • the Behavioral Risk Factor Surveillance System surveys of the C.D.C. One question asks, “Now thinking about your mental health, which includes stress, depression, and problems with emotions, for how many days during the past 30 days was your mental health not good?” The percentages in these charts are for people who answered 30 out of 30 — no good days at all. Blanchflower terms that “despair.”
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  • The big picture for both sexes is clear: A serious deterioration in the mental health of young people in 2019 to 2023 compared with the baseline of 1993 to 2018.
  • why? Blanchflower said the mental health of 20-somethings began to deteriorate noticeably around 2011. That made some sense because the United States was in a jobless recovery; the high unemployment rate made it hard for young people to find good jobs — or any jobs
  • He said he doesn’t fully understand why things continued to worsen as the job market strengthened. But he said, confirming others’ research, that the Covid lockdown was a fresh blow to young people’s mental health. Immersion in social media is another popular explanation,
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Opinion | Dick Cheney set Liz Cheney's demise in motion decades ago - The Washington Post - 0 views

  • There is a bitter irony in Cheney’s fall: She is being undone by the very politics her father championed. Weaponizing patriotism? Abandoning the truth? Vice President Dick Cheney was a pioneer.
  • In my new book, “The Destructionists: The Twenty-Five-Year Crack-Up of the Republican Party,” I traced the actions of GOP leaders who essentially created the Trump era by removing the guardrails of our political system. Dick Cheney was one such leader.
  • her father abandoned the truth in the most profound way, starting a war on the basis of lies. Liz Cheney denounces the evil of preying on patriotism. But her father was a key figure in a White House that politicized the 9/11 attacks and portrayed the administration’s opponents as traitors.
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  • There was extraordinary national unity after the 2001 terrorist attacks. But George W. Bush’s strategists argued that Republicans should “go to the country” on the issue of terrorism and “focus on war” in the elections of 2002 and 2004, making the case that Democrats endangered Americans’ security. On the campaign trail, Dick Cheney warned that if people made “the wrong choice” and voted Democratic, “then the danger is that we’ll get hit again, that we’ll be hit in a way that will be devastating.” As Bush said Democrats were “not interested in the security of the American people,” Cheney claimed electing Republicans was “vital” for “defending our homeland.”
  • In that same year, Republicans close to the administration ran an infamous ad juxtaposing an image of Sen. Max Cleland (D-Ga.), a triple amputee from his service in Vietnam, with images of Osama bin Laden and Saddam Hussein
  • Two years later, a group with ties to Bush did similarly to Democratic presidential nominee John F. Kerry, with flimsy accusations that he lied about his Vietnam service and betrayed comrades.
  • Cheney was also the primary force for distorting intelligence about Iraq to make the case for war. He falsely claimed in 2001 that it was “pretty well confirmed” that the 9/11 mastermind met with Iraqi intelligence. He falsely called evidence of a link between Iraq and al-Qaeda “overwhelming” and said Hussein had “long-established ties with al-Qaeda.” He falsely called Iraq “the geographic base of the terrorists who have had us under assault … on 9/11.”
  • Those contagions — using disinformation and patriotism as political weapons — spread through the Republican Party and consumed it utterly with Trump’s triumph. Too late, Liz Cheney bravely stood against both, and is on the verge of political exile
  • All our Greek tragedy needs now is the catharsis: a glimmer of self-awareness from Dick Cheney about his role in causing this.
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The End of the Road to Serfdom. Party's Over, Pleb. | by Cory Doctorow | Nov, 2022 | Me... - 0 views

  • In his landmark Capital in the Twenty-First Century, Thomas Piketty and his grad students trace the world’s capital flow for 300 years, showing (among other things) that when the wealth of the richest 10 percent of us crosses a threshold, this capital class gains the ability to command political outcomes: they can turn their wealth into pro-wealth policies, which make them wealthier, and gives them more control over our policies.
  • Once that inequality tipping-point is reached, society grows inexorably more unequal and more unfair, as our rules change not merely to favor the rich, but to disfavor the poor
  • The thirty glorious years came to a halt at the end of the 1970s, when the wealth of the few had recovered to the point where the richest 10 percent could begin to nudge policy to their favor and everyone else’s detriment.
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The Monk Who Thinks the World Is Ending - The Atlantic - 0 views

  • Seventy thousand years ago, a cognitive revolution allowed Homo sapiens to communicate in story—to construct narratives, to make art, to conceive of god.
  • Twenty-five hundred years ago, the Buddha lived, and some humans began to touch enlightenment, he says—to move beyond narrative, to break free from ignorance.
  • Three hundred years ago, the scientific and industrial revolutions ushered in the beginning of the “utter decimation of life on this planet.”
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  • Humanity has “exponentially destroyed life on the same curve as we have exponentially increased intelligence,” he tells his congregants.
  • Now the “crazy suicide wizards” of Silicon Valley have ushered in another revolution. They have created artificial intelligence.
  • Forall provides spiritual advice to AI thinkers, and hosts talks and “awakening” retreats for researchers and developers, including employees of OpenAI, Google DeepMind, and Apple. Roughly 50 tech types have done retreats at MAPLE in the past few years
  • Humans are already destroying life on this planet. AI might soon destroy us.
  • His monastery is called MAPLE, which stands for the “Monastic Academy for the Preservation of Life on Earth.” The residents there meditate on their breath and on metta, or loving-kindness, an emanation of joy to all creatures.
  • They meditate in order to achieve inner clarity. And they meditate on AI and existential risk in general—life’s violent, early, and unnecessary end.
  • There is “no reason” to think AI will preserve humanity, “as if we’re really special,” Forall tells the residents, clad in dark, loose clothing, seated on zafu cushions on the wood floor. “There’s no reason to think we wouldn’t be treated like cattle in factory farms.”
  • His second is to influence technology by influencing technologists. His third is to change AI itself, seeing whether he and his fellow monks might be able to embed the enlightenment of the Buddha into the code.
  • In the past few years, MAPLE has become something of the house monastery for people worried about AI and existential risk.
  • Forall describes the project of creating an enlightened AI as perhaps “the most important act of all time.” Humans need to “build an AI that walks a spiritual path,” one that will persuade the other AI systems not to harm us
  • we should devote half of global economic output—$50 trillion, give or take—to “that one thing.” We need to build an “AI guru,” he said. An “AI god.”
  • Forall’s first goal is to expand the pool of humans following what Buddhists call the Noble Eightfold Path.
  • Forall and many MAPLE residents are what are often called, derisively if not inaccurately, “doomers.”
  • The seminal text in this ideological lineage is Nick Bostrom’s Superintelligence, which posits that AI could turn humans into gorillas, in a way. Our existence could depend not on our own choices but on the choices of a more intelligent other.
  • he is spending his life ruminating on AI’s risks, which he sees as far from banal. “We are watching humanist values, and therefore the political systems based on them, such as democracy, as well as the economic systems—they’re just falling apart,” he said. “The ultimate authority is moving from the human to the algorithm.”
  • Forall’s mother worked for humanitarian nonprofits and his father for conservation nonprofits; the household, which attended Quaker meetings, listened to a lot of NPR.)
  • He got his answer: Craving is the root of all suffering. And he became ordained, giving up the name Teal Scott and becoming Soryu Forall: “Soryu” meaning something like “a growing spiritual practice” and “Forall” meaning, of course, “for all.”
  • In 2013, he opened MAPLE, a “modern” monastery addressing the plagues of environmental destruction, lethal weapons systems, and AI, offering co-working and online courses as well as traditional monastic training.
  • His vision is dire and grand, but perhaps that is why it has found such a receptive audience among the folks building AI, many of whom conceive of their work in similarly epochal terms.
  • The nonprofit’s revenues have quadrupled, thanks in part to contributions from tech executives as well as organizations such as the Future of Life Institute, co-founded by Jaan Tallinn, a co-creator of Skype.
  • The donations have helped MAPLE open offshoots—Oak in the Bay Area, Willow in Canada—and plan more. (The highest-paid person at MAPLE is the property manager, who earns roughly $40,000 a year.)
  • The strictness of the place helps them let go of ego and see the world more clearly, residents told me. “To preserve all life: You can’t do that until you come to love all life, and that has to be trained,
  • Forall was absolute: Nine countries are armed with nuclear weapons. Even if we stop the catastrophe of climate change, we will have done so too late for thousands of species and billions of beings. Our democracy is fraying. Our trust in one another is fraying
  • Many of the very people creating AI believe it could be an existential threat: One 2022 survey asked AI researchers to estimate the probability that AI would cause “severe disempowerment” or human extinction; the median response was 10 percent. The destruction, Forall said, is already here.
  • “It’s important to know that we don’t know what’s going to happen,” he told me. “It’s also important to look at the evidence.” He said it was clear we were on an “accelerating curve,” in terms of an explosion of intelligence and a cataclysm of death. “I don’t think that these systems will care too much about benefiting people. I just can’t see why they would, in the same way that we don’t care about benefiting most animals. While it is a story in the future, I feel like the burden of proof isn’t on me.”
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History Unfolding: July 1914, October 2023 - 0 views

  • war has broken out on the borders of Israel, and I think that this could turn into a new world crisis and even a new world war.  I shall explain why.
  • in the current situation, in my view, Israel is playing the role of Austria-Hungary--an established power threatened by minorities and terrorist revolutionaries, which it is now determined to crush.  The United States, I would suggest, is playing the role of Germany--the patron of a lesser power and longstanding ally--Israel now, Austria-Hungary then--which is unleashing a local war in response to a terrorist attack
  • the United States government, like the German government in 1914, has other objectives besides the simple defense of Israel, which remains relatively secure.
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  • The war in Ukraine has emerged as the first armed conflict in a struggle between three twenty-first century great powers, the United States, Russia, and China--the Oceana, Eurasia and East Asia that Orwell predicted in 1984.  While Russia is trying to destroy the post-1989 settlement that emerged in Europe after the USSR collapsed, the United States and the EU and an enlarged NATO are trying to maintain it.
  • Meanwhile, tensions have grown steadily between the United States and China over Taiwan
  • Germany in 1914 decided to back Austria to the hilt in its demands against Serbia because the German government wanted a trial of strength with France and Russia, whom they thought they could either humiliate diplomatically or defeat militarily.  The men and women in charge of US foreign policy today clearly still believe that our will should prevail anywhere on the globe, and might not be averse to military action to make that point.
  • Most important of all, Iran is another player in the situation that could easily escalate it. 
  • The United States, to my horror, has been trying to improve its relations with Saudi Arabia, which would definitely make Washington a partner in an anti-Iranian alliance in the Middle East.  There is even talk of Israel normalizing relations with Saudi Arabia, which might draw it into such an alliance.  
  • If Israel, the US and Saudi Arabia decided to attack Iran, Russia--which has friendly relations with Iran now--might join in on Iran's side.  It would be extremely difficult for the United States to maintain its generous support for Ukraine while also fighting such a conflict ourselves.  And with the United States involved in two different conflicts already, Beijing might easily decide that the time to invade Taiwan had come.  Suddenly we would be in the midst of a third world war.
  • In this kind of environment, the greatest powers regard any defeat by one of their allies as a potentially disastrous shift in the balance of power.  That is why the United States is doing so much to support Ukraine, and it is one reason that President Biden immediately announced the strongest possible support for Israel, including conventional military support even though Israel is not facing a conventional war. 
  • The Arab-Israeli tragedy continues.  Four generations of Palestinians have now grown up under occupation, each one at least as hostile to Israel as the last.  75 years of conflict, combined with demographic changes, have made Israel a very different country than it was before 1967.  Despite its repeated failure to impose its will on the Palestinians, the Israeli government is now the verge of its most destructive effort to do so yet in Gaza.  It speaks of destroying Hamas, and Netanyahu has even advised Gazans to flee--but there are about two million of them living in the most densely populated political entity on earth, and they have nowhere to flee to.
  • A great power makes a mistake, in my opinion, when it ties its destiny to that of a smaller power in the midst of an endless war.  The real responsibility of great powers is to keep in mind the ultimate objective of any war--"which is to bring about peace," as Clausewitz said.  That is what Germany could and should have done in 1914, and what several American presidents tried to do in the Middle East.  It does not seem to be our policy now.
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The Urgent Case for Shrinking the Economy | The New Republic - 0 views

  • A classic example of this dynamic is the advent of the chain saw. A person with a chain saw can cut 10 times as many trees in the same time as a person using older methods. Logging companies did not use this invention, however, to shorten the workweek by 90 percent. They used it to cut 10 times more trees than they otherwise would have. “Lashed by the growth imperative, technology is used not to do the same amount of stuff in less time, but rather to do more stuff in the same amount of time,”
  • The problem, Hickel argues, is explained by the “paradox” first observed by the nineteenth-century economist William Stanley Jevons: In a growth system, gains in efficiency do not translate to higher wages, greater equality, more leisure, or lower emissions; they are plowed right back into the growth cycle
  • Increasing outputs of wind, solar, and other renewables are not leading to a drop in the use of fossil fuels. Instead, renewables and fossil fuels are used to satisfy rising global energy demand. “New fuels aren’t replacing the older ones,” Hickel writes. “They are being added on top of them.”
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  • The economy that Hickel envisions would cease to pursue growth, green or otherwise. Materials and energy will still be consumed, and waste generated, but at much lower levels. All impacts on the natural world will be tethered to the question, “Growth for whom, and to what ends?” In place of an individualistic consumer economy, Hickel’s post-growth economy would direct itself toward the creation of public goods that allow the many to live well—mass transit, health care—rather than to keep a few in luxury.
  • A growing body of research reveals an inverse relationship between “happiness” and growth beyond a certain point.
  • In the rich countries, general contentment peaked in 1950, when GDP and real per capita incomes were fractions of their present size (and inequality near modern historic lows); degrowthers posit that similar happiness levels will be reclaimed on the way back down the economic mountain
  • Hickel describes a post-growth economy defined by stability and equality, and the freedom and leisure possible when the economy is no longer subservient to the god of growth
  • He estimates that the U.S. economy could be scaled down by as much as 65 percent while still improving the lives of its citizens. This includes the metric most often tied to celebrations of endless growth: life expectancy.
  • degrowth will entail a steep reduction across a much wider range of high-energy consumer goods. Keeping a global economy within safe ecological limits is a zero-sum game.
  • When limited resources are directed toward clean energy infrastructure, public health care, and regenerative agriculture, it will still be possible to build and power modern 24-hour hospitals in every city, but not to have Xbox consoles, two-car garages, and giant appliances in every home.
  • would have to redefine it, too.
  • The post-growth economy could not succeed solely by redistributing wealth; it would have to redefine it, too.
  • He argues that short-term growth would have to continue in those countries that have still not achieved the basic levels of sanitation, infrastructure, and education needed for a decent standard of living, to close the gap. Their larger goal, meanwhile, would be to break free from their historical role as a source of natural resources and cheap labor for the north.
  • For degrowth to be just, global, and effective, the sharpest reduction in consumption will have to come from the north, where the greatest damage to the planet is currently being done
  • Ecological economists generally agree that the safe outer limit is eight tons
  • One person in a low-income country has a materials footprint of roughly two tons per year, a measure of total raw materials consumed, including those embodied in imports. In lower-middle–income countries, that number is four tons; in upper-middle–income countries, 12 tons. In the high-income nations of North America, Europe, and Asia, the number leaps to 28
  • The wealthiest 20 percent of the human population is responsible for 90 percent of “overshoot” carbon in the atmosphere (that is, a level of carbon that exceeds the limit needed to keep global temperature rise below 2 degrees Celsius)
  • The planet’s richest one percent has a carbon footprint twice the size of the poorest half of the world’s population combined
  • For the global north, degrowth not only starts at home, it starts with the biggest houses.
  • Less Is More doesn’t end in a poetic appreciation for nature’s majesty, but by teasing out its implications for the political project of preserving a habitable planet. Hickel devotes much of the book to explaining that degrowth must be central to this project, promising not just survival, but real democracy, social abundance, and liberation.
  • Both involve broad social shifts away from private consumption and toward the production of shared public goods.
  • This beautiful coincidence overlaps with policy programs like the Green New Deal in important way
  • In July 1979, shortly after installing a set of solar panels over the West Wing, Jimmy Carter did something peculiar for a peacetime president. He asked Americans to sacrifice: to consume less, take public transit more, value community over material things, and buy bonds to fund domestic energy development, including solar
  • Next to Schumacher’s “Buddhist economics,” Debsian socialism was reformist tinkering. Schumacher didn’t see liberation as a matter of reshuffling the ownership and management structures of the smokestack-powered growth economy. He believed a deeper transformation was needed to maintain a livable planet. This would require new socioecological blueprints “designed for permanence.” As the left and the right battled for control over growth’s levers and spoils, Schumacher pointed out how both had become blind to the rise of growth as its own self-justifying, pan-ideological religion; its patterns of production and consumption, he observed, required “a degree of violence” that did not “fit into the laws of the universe.”
  • They determined that infinite growth was, in fact, impossible on a finite planet. Barring a major course correction, the team projected, growthism would result in an ecological systems breakdown sometime in the middle of the twenty-first century
  • This warning, detailed in the 1972 bestseller The Limits to Growth, has aged better than the scorn heaped on it
  • We are now witnessing what appears to be the beginnings of the collapse predicted nearly 50 years ago
  • In his new book, Less Is More, Jason Hickel, an anthropologist and journalist, attempts to bring a comprehensive critique of growth closer to the center of the conversation, arguing through a sweeping history of capitalism that it’s uncontrolled growth, not its controlled arrest and reversal, that is the preposterous concept.
  • This economic and political revolution was reinforced by a complementary scientific one that displaced the lingering animist cosmology of pre-capitalist Europe. The dualism of Francis Bacon and Descartes held reason to be distinct from and superior to matter.
  • The idea of limitless growth is a relatively recent one. In Less Is More, Hickel traces its origins to the enclosure of the European commons in the sixteenth century
  • Starving refugees were scattered and forced into a new economy defined by neo-feudal servitude and wage labor. Landowners, meanwhile, began amassing great stores of surplus wealth.
  • By the mid-1800s, a new “science” had arisen from these assumptions. Neoclassical economics fully abstracted the economy from the natural world. The economy was geared not toward the creation of a happy and prosperous society, but toward the perpetual growth of wealth as its own end, achieved in an inherently virtuous cycle of converting labor and resources into capital, to be accumulated and reinvested in faster and more productive conversions of labor and resources
  • This ideology subsumed and profaned notions about progress and morality held by the classical economists, until eventually the field even l
  • This process unfolded despite repeated warnings along the way. Classical economists like John Stuart Mill and, to a lesser extent, Adam Smith not only acknowledged the existence of natural limits to growth, but saw economic development as a phase; at some point, they believed, nations would create enough wealth to pursue other definitions of progres
  • the caveats issued by Simon Kuznets, father of the concept adopted in the twentieth century as growth’s universal and signature metric: gross domestic product. Kuznets, Hickel points out, “warned that we should never use GDP as a normal measure of economic progress,” because GDP does not distinguish between productive and destructive behavior
  • Most people encounter the growth debate, if they encounter it at all, through the idea of “green growth.
  • This is a vision for our collective future based on the belief that technological advance will drastically reduce the amount of raw materials needed to sustain growth—a process known as dematerialization—and “decouple” growing GDP from its ecological impacts.
  • boosters of the idea point to the transition by rich countries from manufacturing to service-based economies, as well as efficiency gains in energy and in the use of materials
  • The belief that green growth will save us, also known as “ecomodernism” or “ecopragmatism,” has become a trendy article of faith among elites who acknowledge climate change and the dangers of breaching ecological boundaries
  • n 2017, Barack Obama threw his support behind the idea in an article for Science magazine, maintaining that signs of decoupling in major economies “should put to rest the argument that combatting climate change requires accepting lower growth or a lower standard of living.”
  • The argument that capitalism can grow itself out of the present crisis may be soothing to those who like the world as it is. It also relies on the kind of accounting tricks and rejection of reality
  • By only counting the emissions created within a country that imports most of its cars, washing machines, and computers, you end up pushing the emissions related to their production off the books. When you factor them back in, the picture is much less green. A number of recent studies show no evidence of meaningful decoupling—in energy or materials—even as the world increases its use of renewable energy and finds ways to use some materials more efficiently.
  • Green growth, Hickel concludes, is an ecologically incoherent “fairy tale.”
  • consider what the ecomodernist position asks us to believe. The current system requires annual growth of roughly 3 percent to avoid the shock of recession. This means doubling the size of the economy every 23 years
  • he economy of 2000 must be 20 times larger in the year 2100, and 370 times larger in the year 2200.
  • Hickel is less interested in the macroeconomic details of this future than are growth critics based in economics departments, like Tim Jackson and Kate Raworth, and more focused on the leisure, security, and general human flourish
  • he makes an alluring case that degrowth does not require anything like the “command-and-control fiasco of the Soviet Union, or some back-to-the-caves, hair-shirted disaster of voluntary impoverishment.”
  • Attaining the benefits of the post-growth economy would, however, require what the present consumer society considers “sacrifices.
  • it’s not clear how many of them are ready to give up its superficial pleasures enabled by consumer debt
  • Among nations, there’s also the question of fairness: Wouldn’t it be unjust to impose degrowth across the world, when it’s disproportionately the countries of the global north that have spent centuries burning through the planet’s resources?
  • This output tracks to the one percent’s share of global wealth—a number equal to the GDP of the bottom 169 countries.
  • Even if you accept the argument that inequality would be best addressed by more centuries of trickle-down growth, you keep running up against the simple fact of its impossibility. Even just one more century of growth—which so far has shown no sign of taking a less destructive form—will require multiple earths
  • Hickel is serious about bringing the system critiques of E.F. Schumacher and others out of their traditional cloisters and into the streets, and has sought allies in this effort
  • emphasize what Hickel calls the “beautiful coincidence” of degrowth: that “what we need to do to survive is the same as what we need to do to have better lives.”
  • Both are internationalist in outlook, and see the world through a lens of climate justice as well as climate equilibrium.
  • that is, communicating the many benefits of moving beyond the insecurity and terrors of the current system, and building a new society that is sustainable, stable, democratic, and fundamentally better in every way.
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As World's Gaze Shifts to Gaza, Israel's Psyche Remains Defined by Oct. 7 Attack - The ... - 0 views

  • When Israel was founded in 1948, the defining goal was to provide a sanctuary for Jews, after 2,000 years of statelessness and persecution. On Oct. 7, that same state proved unable to prevent the worst day of violence against Jews since the Holocaust.
  • “At that moment, our Israeli identity felt so crushed. It felt like 75 years of sovereignty, of Israeliness, had — in a snap — disappeared,” said Dorit Rabinyan, an Israeli novelist.“We used to be Israelis,” she added. “Now we are Jewish.”
  • For now, the assault has also unified Israeli society to a degree that felt inconceivable on Oct. 6, when Israelis were deeply divided by Mr. Netanyahu’s efforts to reduce the power of the courts; by a dispute about the role of religion in public life; and by Mr. Netanyahu’s own political future.
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  • Nearly 30 percent of the ultra-Orthodox public now supports the idea of military service, twenty points higher than before the war,
  • Perhaps surprisingly, 70 percent of Arab Israelis now say they feel part of the state of Israel, according to a November poll by the Israel Democracy Institute, a Jerusalem-based research group. That is 22 points higher than in June and the highest proportion since the group began polling on the question two decades ago.
  • Roughly a third of voters for Mr. Netanyahu’s right-wing party, Likud, have abandoned the party since Oct. 7, according to every national poll since the attack.
  • “Something fundamental has changed here, and we don’t know what it is yet,” said Yossi Klein Halevi, an author and fellow at the Shalom Hartman Institute, a research group in Jerusalem. “What we do know is that this is kind of a last chance for this country.”
  • But for others, the scale of the Oct. 7 atrocities has left them struggling to even empathize with Gazans, let alone retain hope in a peaceful solution to the conflict.In 2018, Mr. Klein Halevi, the author, wrote a book addressed to an imagined Palestinian, “Letters to My Palestinian Neighbor,” in which he attempted to set out a vision for a shared future between Arabs and Jews in the Middle East.Since Oct. 7, Mr. Halevi said, he has found it hard to even consider what such a future looks like. An observant Jew, he still prays for Palestinians, but more from duty than empathy, he said.“I spent years explaining the Israeli narrative and absorbing the Palestinian narrative — and I tried to find a space where both could live together,” Mr. Klein Halevi said.“I don’t have that language right now,” he said. “It’s emotionally unavailable to me.”
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Hopeless and downbeat, Britain is the new France | The Spectator - 0 views

  • British doom and gloom has been growing in recent year
  • , the use of antidepressants in Britain has rocketed, with only Iceland and Portugal among 18 European nations having a higher consumption. In 2010, 54 people per 1,000 in Britain were taking antidepressants, a figure that doubled to 108 in 2020; in contrast, France’s consumption has remained stable at 53 per 1,000.
  • And now look at that generation. One in ten intend never to start working and a third believe they won’t achieve their life’s ambition.
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  • tens of thousands of young people moved across the Channel, an exodus that caught the eye of the New York Times in 2014. One of the French people the paper interviewed explained that ‘in London, there’s this can-do attitude, and a sense that anything’s possible.’
  • ‘Britain’s young are giving up hope’, John Oxley described a ‘generation that has soured on ambition… the under forties [are] drifting towards professional apathy.’
  • French-bashing became de rigueur for British politicians and business leaders. Few were as withering as Andy Street, the managing director of John Lewis, who in October 2014 described France as ‘sclerotic, hopeless and downbeat’, a country where ‘nothing works and, worse, nobody cares about it.’
  • Within months of taking office Macron slashed the wealth tax and corporate tax rates have steadily fallen from 33 to 25 per cent. Last week the French government passed a budget for 2023 that includes an €8 billion tax cut on businesses. 
  • In Britain, the corporation tax rate has moved in the other direction, and last month Chancellor Jeremy Hunt announced it will rise in April from 19 to 25 per cent; the Daily Telegraph could barely bring itself to acknowledge that because of Hunt’s business tax raid, UK shareholders will now be ‘worse off than the French’. 
  • Tory Britain is no longer a friend of business and nor is it particularly pally with its young. More and more aspirational British twenty-somethings are doing what the ambitious young French did a decade ago and heading to countries where they feel they have more chance of fulfilling their potential.
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Yes, People Will Pay $27,500 for an Old 'Rocky' Tape. Here's Why. - The New York Times - 0 views

  • When Mr. Carlson first began to look for sealed VHS cassettes, they were considered so much plastic trash. “Back to the Future,” “The Goonies,” “Blade Runner,” were about $20 each on eBay. He put them on a shelf, little windows into his past, and started an Instagram account called Rare and Sealed.
  • The current cultural tumult, with its boom in fake images, endless arguments over everything and now the debut of imperious A.I. chatbots, increases the appeal of things that can’t be plugged in.
  • One thing people are eagerly seeking with the new technology is old technology. Cormac McCarthy’s typewriter, which he used to write a shelf of important novels, went for a quarter-million dollars. An Apple 1 computer fetched nearly twice that. A first-generation iPhone, still sealed in its box, sold for $21,000 in December and triple that in February.
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  • Blend these factors — a desire for escape from our virtual lives; bidding as fast as pushing a button; and the promotion of new collecting fields like outdated technology devices — and you have Heritage Auctions in Dallas.
  • Heritage is a whirlwind of activity, of passion, of hype, constantly trying new ways of enticing people to own something beautiful and useless. Ninety-one million Americans, according to U.S. Census Bureau surveys, are having trouble paying household bills. Everyone else is a potential bidder.
  • Twenty years ago, Heritage had four categories: coins, comics, movie posters and sports. Now it has more than 50, which generated revenue of $1.4 billion last year. Everything, at least in theory, is collectible.
  • “We don’t question the value or legitimacy of a particular subject matter relative to outmoded norms,” Mr. Benesh said. “We’re not here to tell you what’s worthwhile. The marketplace will tell you. The bidders” — Heritage has 1.6 million — “will tell you.”
  • In mid-2020, the privately held company moved to a 160,000-square-foot building by Dallas-Fort Worth International Airport, doubling the size of its former headquarters. Hundreds of specialists, most of them collectors themselves, prepare hundreds of thousands of items for bids here — researching, photographing, writing catalog copy.
  • The problem is, older historical items that were previously unknown are becoming rare. Every barn, basement and attic has been ransacked for treasures. New items related to Washington or Lincoln, for instance, are nearly impossible to find.
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Pause or panic: battle to tame the AI monster - 0 views

  • What exactly are they afraid of? How do you draw a line from a chatbot to global destruction
  • This tribe feels we have made three crucial errors: giving the AI the capability to write code, connecting it to the internet and teaching it about human psychology. In those steps we have created a self-improving, potentially manipulative entity that can use the network to achieve its ends — which may not align with ours
  • This is a technology that learns from our every interaction with it. In an eerie glimpse of AI’s single-mindedness, OpenAI revealed in a paper that GPT-4 was willing to lie, telling a human online it was a blind person, to get a task done.
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  • For researchers concerned with more immediate AI risks, such as bias, disinformation and job displacement, the voices of doom are a distraction. Professor Brent Mittelstadt, director of research at the Oxford Internet Institute, said the warnings of “the existential risks community” are overblown. “The problem is you can’t disprove the future scenarios . . . in the same way you can’t disprove science fiction.” Emily Bender, a professor of linguistics at the University of Washington, believes the doomsters are propagating “unhinged AI hype, helping those building this stuff sell it”.
  • Those urging us to stop, pause and think again have a useful card up our sleeves: the people building these models do not fully understand them. AI like ChatGPT is made up of huge neural networks that can defy their creators by coming up with “emergent properties”.
  • Google’s PaLM model started translating Bengali despite not being trained to do so
  • Let’s not forget the excitement, because that is also part of Moloch, driving us forward. The lure of AI’s promises for humanity has been hinted at by DeepMind’s AlphaFold breakthrough, which predicted the 3D structures of nearly all the proteins known to humanity.
  • Noam Shazeer, a former Google engineer credited with setting large language models such as ChatGPT on their present path, was asked by The Sunday Times how the models worked. He replied: “I don’t think anybody really understands how they work, just like nobody really understands how the brain works. It’s pretty much alchemy.”
  • The industry is turning itself to understanding what has been created, but some predict it will take years, decades even.
  • Alex Heath, deputy editor of The Verge, who recently attended an AI conference in San Francisco. “It’s clear the people working on generative AI are uneasy about the worst-case scenario of it destroying us all. These fears are much more pronounced in private than they are in public.” One figure building an AI product “said over lunch with a straight face that he is savoring the time before he is killed by AI”.
  • Greg Brockman, co-founder of OpenAI, told the TED2023 conference this week: “We hear from people who are excited, we hear from people who are concerned. We hear from people who feel both those emotions at once. And, honestly, that’s how we feel.”
  • A CBS interviewer challenged Sundar Pichai, Google’s chief executive, this week: “You don’t fully understand how it works, and yet you’ve turned it loose on society?
  • In 2020 there wasn’t a single drug in clinical trials developed using an AI-first approach. Today there are 18
  • Consider this from Bill Gates last month: “I think in the next five to ten years, AI-driven software will finally deliver on the promise of revolutionising the way people teach and learn.”
  • If the industry is aware of the risks, is it doing enough to mitigate them? Microsoft recently cut its ethics team, and researchers building AI outnumber those focused on safety by 30-to-1,
  • The concentration of AI power, which worries so many, also presents an opportunity to more easily develop some global rules. But there is little agreement on direction. Europe is proposing a centrally defined, top-down approach. Britain wants an innovation-friendly environment where rules are defined by each industry regulator. The US commerce department is consulting on whether risky AI models should be certified. China is proposing strict controls on generative AI that could upend social order.
  • Part of the drive to act now is to ensure we learn the lessons of social media. Twenty years after creating it, we are trying to put it back in a legal straitjacket after learning that its algorithms understand us only too well. “Social media was the first contact between AI and humanity, and humanity lost,” Yuval Harari, the Sapiens author,
  • Others point to bioethics, especially international agreements on human cloning. Tegmark said last week: “You could make so much money on human cloning. Why aren’t we doing it? Because biologists thought hard about this and felt this is way too risky. They got together in the Seventies and decided, let’s not do this because it’s too unpredictable. We could lose control over what happens to our species. So they paused.” Even China signed up.
  • One voice urging calm is Yann LeCun, Meta’s chief AI scientist. He has labelled ChatGPT a “flashy demo” and “not a particularly interesting scientific advance”. He tweeted: “A GPT-4-powered robot couldn’t clear up the dinner table and fill up the dishwasher, which any ten-year-old can do. And it couldn’t drive a car, which any 18-year-old can learn to do in 20 hours of practice. We’re still missing something big for human-level AI.” If this is sour grapes and he’s wrong, Moloch already has us in its thrall.
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There Is Literally Nothing Trump Can Say That Will Stop Republicans from Voting for Him... - 0 views

  • These days, you’re more likely to find Trump’s words in one of Biden’s campaign ads than in anything put out by his many G.O.P. cheerleaders. Trump’s crazy quotes generate support for Democrats; Republicans like Haley just cringe and change the subject.
  • It was, of course, exactly because of this phenomenon that far too many failed to take seriously Trump’s reckless incitements after he refused to accept the results of the 2020 election.
  • If anything, he’s getting even more of a pass in this election. Little that he has said or done seems to have made any appreciable impact on an increasingly amnesiac electorate, even as the things he says or does get ever more unbelievable.
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  • As a result, Trump’s threats of revenge and retribution have become the background noise of the election year—it’s just more blah-blah-blah from a master of it
  • CREW, a good-government group in Washington, D.C., which reviewed more than thirteen thousand of Trump’s Truth Social posts for a report released this week.
  • They found that Trump had threatened to unleash the powers of the federal government on Biden twenty-five times in the past two years. Other targets against whom Trump called for vengeance included senators, judges, and members of Biden’s family. “IF YOU GO AFTER ME, I’M COMING AFTER YOU!”—a blunt Trump social-media post from last year cited in the report
  • yet Congress, even when it was under full Democratic control in the first two years of Biden’s Presidency, has failed to pass measures that might insulate the Justice Department and other parts of the executive branch from efforts to politicize it during a second Trump term, such as reforming the Insurrection Act to make it harder to deploy the military on U.S. soil or passing legislation to make it more difficult for the White House to interfere in federal law-enforcement investigations.
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Why Gen Z College Students Are Seeking Tech and Finance Jobs - The New York Times - 0 views

  • Harvard, where, at a wood-paneled dining hall last year, two juniors explained how to assess a fellow undergraduate’s earning potential. It’s easy, they said, as we ate mussels, beets and sautéed chard: You can tell by who’s getting a bulge bracket internship.
  • A bulge bracket bank, like Goldman Sachs, JPMorgan Chase or Citi. The biggest, most prestigious global investment banks
  • Not to be confused with M.B.B., which stands for three of the most prestigious management consulting firms: McKinsey, Bain and Boston Consulting Group.
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  • Even when they arrive at college wanting something very different, an increasing number of students at elite universities seek the imprimatur of employment by a powerful firm and “making a bag” (slang for a sack of money) as quickly as possible.
  • Elite universities have always been major feeders into finance and consulting, and students have always wanted to make money. According to the annual American Freshman Survey, the biggest increase in students wanting to become “very well off financially” happened between the 1970s and 1980s, and it’s been creeping up since then.
  • According to a Harvard Crimson survey of Harvard Seniors, the share of 2024 graduates going into finance and consulting is 34 percent. (In 2022 and 2023 it exceeded 40 percent.
  • Another student, from Uruguay, who spent his second summer in a row practicing case studies in preparation for management consulting internship interviews, told me that everyone arrived on campus hoping to change the world. But what they learn at Harvard, he said, is that actually doing anything meaningful is too hard. People give up on their dreams, he told me, and decide they might as well make money. Someone else told me it was common at parties to hear their peers say they just want to sell out.
  • “There’s definitely a herd mentality,” Joshua Parker, a 21-year-old Harvard junior from Oahu, said. “If you’re not doing finance or tech, it can feel like you’re doing something wrong.”
  • As a freshman, he planned to major in environmental engineering. As a sophomore, he switched to economics, joining five of his six roommates. One of those roommates told me that he hoped to run a hedge fund by the time he was in his 30s. Before that, he wanted to earn a good salary, which he defined as $500,000 a year.
  • But in the last five years, faculty and administrators say, the pull of these industries has become supercharged. In an age of astronomical housing costs, high tuition and inequality, students and their parents increasingly see college as a means to a lucrative job, more than a place to explore.
  • These statistics approach the previous highs in 2007, after which the global financial crisis drove the share down to a recent low of 20 percent in 2009, from which it’s been regaining ground since
  • Fifteen years ago, fewer students went into tech. Adding in that sector, the share of graduates starting what some students non-disparagingly refer to as “sellout jobs” is more than half. (It was a record-shattering 60 percent in 2022 and nearly 54 percent in 2023.)
  • “When people say ‘selling out,’ I mean, obviously, there’s some implicit judgment there,” said Aden Barton, a 23-year-old Harvard senior who wrote an opinion column for the student newspaper headlined, “How Harvard Careerism Killed the Classroom.”
  • “But it really is just almost a descriptive term at this point for people pursuing certain career paths,” he continued. “I’m not trying to denigrate anybody’s career path nor my own.” (He interned at a hedge fund last summer.)
  • David Halek, director of employer relations at Yale’s Office of Career Strategy, thinks students may use the term “sell out” because of the perceived certainty: “It’s the easy path to follow. It is well defined,” he said.
  • “It’s hard to conceptualize other things,” said Andy Wang, a social studies concentrator at Harvard who recently graduated.
  • Some students talk about turning to a different career later on, after they’ve made enough money. “Nowadays, English concentrators often say they’re going into finance or management consulting for a couple of years before writing their novel,” said James Wood, a Harvard professor of the practice of literary criticism.
  • And a surprising number of students explain their desire for a corporate job by drawing on the ethos of effective altruism: Whether they are conscious of the movement or not, they believe they can have greater impact by maximizing earnings to donate to a cause than working for that cause.
  • Roger Woolsey, executive director of the career center at Union College, a private liberal arts college in Schenectady, N.Y, said he first noticed a change around 2015, with students who had been in high school during the Great Recession and who therefore prioritized financial security.
  • that might be why students and their parents were much more focused on professional outcomes than they used to be. “In the past few years,” she said, “I’ve seen a higher level of interest in this first-destination data” — stats on what jobs graduates are getting out of college.
  • “The students saw what their parents went through, and the parents saw what happened to themselves,” he said. “You couple that with college tuition continuing to rise,” he continued, and students started looking for monetary payoffs right after graduation.
  • “Twenty years ago, an ‘introduction to investment banking’ event was held at the undergraduate library at Harvard,” said Howard Gardner, a professor at the Harvard Graduate School of Education. “Forty students showed up, all men, and when asked to define ‘investment banking,’ none raised their hands.”
  • Now, according to Goldman Sachs, the bank had six times as many applicants this year for summer internships as it did 10 years ago, and was 20 percent more selective for this summer’s class than it was last year.
  • “Harvard is more diverse than ever before,” Mr. Contomanolis said, with nearly one in five students eligible for a low-income Pell Grant. Those students, he said, weigh whether to, for instance, “take a job back in my border town community in Texas and make a big impact in a kind of public service sense” or get a job with “a salary that would be life changing for my family.
  • according to The Harvard Crimson’s senior survey, as Mr. Barton noted in his opinion column, “The aggregate rate of ‘selling out’ is about the same — around 60 percent — for all income brackets.” The main distinction is that students from low-income families are comparatively more likely to go into technology than finance.
  • In other words, there is something additional at play, which Mr. Barton argues has to do with the nature of prestige. “If you tell me you’re working at Goldman Sachs or McKinsey, that’s amazing, their eyes are going to light up,” Mr. Barton said. “If you tell somebody, ‘Oh, I took this random nonprofit job,’ or even a journalism job, even if you’re going to a huge name, it’s going to be a little bit of a question mark.”
  • “Even if you don’t want to do it for the rest of your life, it’s seen kind of as the golden standard of a smart, hardworking person,”
  • Matine Khalighi, 22, founded a nonprofit to award scholarships to homeless youth when he was in eighth grade. When he began studying economics at Harvard, his nonprofit, EEqual, was granting 50 scholarships a year. But some of the corporations that funded EEqual were contributing to inequality that created homelessness, he said. Philanthropy wasn’t the solution for systemic change, he decided. Instead, he turned to finance, with the idea that the sector could marshal capital quickly for social impact.
  • Part of that has to do with recruitment; the most prestigious banks and consulting firms do so only at certain colleges, and they have intensified their presence on those campuses in recent years. Over the last five years or so, “the idea of thinking about your professional path has moved much earlier in the undergraduate experience,” Ms. Ciesil said. She said the banks first began talking to students earlier, and it was the entrance of Big Tech onto the scene, asking for junior summer applications by the end of sophomore year, that accelerated recruitment timelines.
  • The marker that really distinguishes Gen Z is how pessimistic its members are, and how much they feel like life is beyond their control, according to Jean Twenge, a psychologist who analyzed data from national surveys of high school students and first-year college students in her book “Generations.”
  • Money, of course, helps give people a sense of control. And because of income inequality, “there’s this idea that you either make it or you don’t, so you better make it,” Ms. Twenge said.
  • Mihir Desai, a professor at Harvard’s business and law schools, wrote a 2017 essay in The Crimson titled “The Trouble With Optionality,” arguing that students who habitually pursue the security of prestigious employment foreclose the risk-taking and longer-range thinking necessary for more unusual or idealistic achievements.
  • Mr. Desai believes that’s often because they are responding to the bigger picture, like threats to workers from artificial intelligence, and political and financial upheaval.
  • he’s observed two trends among students pursuing wealth. There’s “the option-buyer,” the student who takes a job in finance or consulting to buy more time or to keep options open. Then there’s what he calls “the lottery ticket buyer,” the students who go all-in on a risky venture, like a start-up or new technology, hoping to make a windfall.
  • In the last five years, Roosevelt Montás, a senior lecturer at Columbia University and the former director of its Center for the Core Curriculum, has noticed a new trend when he asks students in his American Political Thought classes to consider their future.
  • “Almost every discussion, someone will come in and say, ‘Well, I can go and make a lot of money and do more good with that money than I could by doing some kind of charitable or service profession,’” Mr. Montás said. “It’s there constantly — a way of justifying a career that is organized around making money.”
  • Mr. Desai said all of this logic goes, “‘Make the bag so you can do good in the world, make the bag so you can go into retirement, make the bag so you can then go do what you really want to do.’”
  • But this “really underestimates how important work is to people’s lives,” he said. “What it gets wrong is, you spend 15 years at the hedge fund, you’re going to be a different person. You don’t just go work and make a lot of money, you go work and you become a different person.”
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