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Javier E

The Closing of the Right's Mind - NYTimes.com - 0 views

www.nytimes.com/...losing-of-the-rights-mind.html

Europe religion Christianity secularism Islam conservatism

shared by Javier E on 05 Jun 14 - No Cached
  • The political right’s dual move — claiming the mantle of Christianity but not its values — is a threat to Christianity as radical as it is indirect: It risks stripping the religion of its spirituality.
  • So far, the Christian churches have contributed to the problem. By failing to clearly distance themselves from the cultural ultranationalist right-wing parties that have co-opted the Christian idea of Europe to block the integration of Muslims, they have enabled more secularization still, as well as allowed the betrayal of religious values in the name of xenophobia.
  • the churches of Europe should reassert the fundamental values of their religions. Going beyond him, they should try to build a vast coalition with Muslims and Jews to promote the free exercise of religion, any religion.
Javier E

A Price Tag on Carbon as a Climate Rescue Plan - NYTimes.com - 0 views

www.nytimes.com/...-as-a-climate-rescue-plan.html

carbon cap-&-trade climate change

shared by Javier E on 31 May 14 - No Cached
  • “How do we deal, as a global civilization, with a problem that is decades in the making and is caused by everything we do?”
  • “It’s the challenge of our time, and there is no road map.”
  • total emissions of carbon into the atmosphere must be kept below one trillion tons if global warming is to be held to tolerable levels. More than half that amount has been emitted since the beginning of the industrial era, and at the rate emissions are going up, the limit will be reached in 30 years or less.
Javier E

'Are the Clippers Really Worth $2 Billion?': You're Asking the Wrong Question - Derek T... - 0 views

www.theatlantic.com/...371913

value status

shared by Javier E on 31 May 14 - No Cached
  • Opportunities for extremely rich people to purchase quantum leaps in their reputation and renown are so rare—and their social, psychological, and emotional rewards so incalculable—that it's impossible to properly use terms like "worth" and "value" when you're looking at these sort of numbers.
  • It's highly debatable that $2 billion for a basketball team is the best use of money for Los Angeles, or California, or the broader world. In the game of utilitarianism, malaria nets beat alley-oops every day. But it might be the best use of money for Steve Ballmer. As psychologists and economists have written exhaustively in the last few years, happiness is hard to buy, but if you're going to try to do it, buy experiences. Owning an ascendent NBA team in a glamorous city that's ready to hail you as the fabulously un-racist savior of their most exciting professional franchise? That's some experience. For $2 billion out of Steve
  • Ballmer's deep pockets, it's practically a steal.
Javier E

Capitalism Eating Its Children - NYTimes.com - 0 views

www.nytimes.com/...alism-eating-its-children.html

capitalism trust community crisis ideology market

shared by Javier E on 30 May 14 - No Cached
  • Mark Carney, the Canadian governor of the Bank of England, lays into unfettered capitalism. “Just as any revolution eats its children,” he says, “unchecked market fundamentalism can devour the social capital essential for the long-term dynamism of capitalism itself.”
  • All ideologies, he continues, are prone to extremes. Belief in the power of the market entered “the realm of faith” before the 2008 meltdown. Market economies became market societies. They were characterized by “light-touch regulation” and “the belief that bubbles cannot be identified.”
  • “Prosperity requires not just investment in economic capital, but investment in social capital,” Carney argues, having defined social capital as “the links, shared values and beliefs in a society which encourage individuals not only to take responsibility for themselves and their families but also to trust each other and work collaboratively to support each other.”
  • ...5 more annotations...
  • His prescription: End through strict regulation and resilience tests the scandal of too-big-to-fail, where “bankers made enormous sums” and “taxpayers picked up the tab for their failures.”
  • Anyone seeking the source of the anger behind populist movements in Europe and the United States (and the Piketty fever) need look no further than this. Anti-immigration, anti-Europe movements won in European elections because people feel cheated, worried about their children. As Bill Clinton noted a couple of hours before Carney’s speech, the first reaction of human beings who feel “insecure and under stress” is the urge to “hang with our own kind.” And the world’s greatest challenge is defining “the terms of our interdependence.”
  • Recreate fair and effective markets with real transparency and make every effort — through codes of conduct and even regulatory obligations — to instill a new integrity among traders (even if social capital cannot be contractual).
  • Curtail compensation offering large bonuses for short-term returns; end the overvaluing of the present and the discounting of the future; ensure that “where problems of performance or risk management are pervasive,” bonuses are adjusted “for whole groups of employees.”
  • Above all, understand that, “The answers start from recognizing that financial capitalism is not an end in itself, but a means to promote investment, innovation, growth and prosperity. Banking is fundamentally about intermediation — connecting borrowers and savers in the real economy. In the run-up to the crisis, banking became about banks not businesses; transactions not relations; counterparties not clients.”
Joanna Kalaitzoglou

http://www.theatlantic.com/politics/archive/2014/05/the-civil-war-that-does-not-end/371... - 0 views

The Civil War does not end

started by Joanna Kalaitzoglou on 29 May 14 no follow-up yet
Brooke Winfield

Springtime in Tiananmen Square - 0 views

http://www.theatlantic.com/features/archive/2014/05/springtime-in-tiananmen-square-1989/371542/

started by Brooke Winfield on 29 May 14 no follow-up yet
Brooke Winfield

Russia's new army - 0 views

http://www.economist.com/news/europe/21602743-money-and-reform-have-given-russia-armed-forces-it-can-use-putins-new-model-army

started by Brooke Winfield on 29 May 14 no follow-up yet
Brooke Winfield

General Among 14 Killed in Ukraine as Rebels Down Copter - 0 views

http://www.nytimes.com/2014/05/30/world/europe/rebels-shoot-military-helicopter.html?ref=world

started by Brooke Winfield on 29 May 14 no follow-up yet
Brooke Winfield

Terrors front Local Groups, Eyes on West - 0 views

http://www.nytimes.com/2014/05/29/world/middleeast/terrors-face-local-groups-eyes-on-west.html?ref=world

started by Brooke Winfield on 29 May 14 no follow-up yet
Joanna Kalaitzoglou

http://www.bbc.com/news/business-27616183 - 0 views

US economy contracted in first quarter of 2014

started by Joanna Kalaitzoglou on 29 May 14 no follow-up yet
Brooke Winfield

Life in the Valley of Death - 0 views

http://www.nytimes.com/interactive/2014/05/29/magazine/srebrenica-life-in-the-valley-of-death.html?hp&_r=0

started by Brooke Winfield on 29 May 14 no follow-up yet
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