Ian Welsh

The horizon is not so far as we can see, but as far as we can imagine

Category: Age of War and Revolution Page 9 of 24

If You Believe Either Biden Or Trump Will Halt Decline You’re A Fool

By

On June 14, 2024

Comments

There are those, even some smart people whom I otherwise respect, who think that Trump is a way to halt and reverse American decline.

This is delusional.

 

As for Biden, his claims to success are based on statistics that only a toddler or an economist would believe reflect reality, leaving aside the fact that he’s overseeing the loss of the US dollar as the primary trade currency, which will hurt the US worse than an Israeli shoving a red hot metal rod up a Palestinian civilian’s ass.

I’m on team tariff. I think they’re often a good thing. But tariffs alone cannot fix the US economy. America has too many economic pathologies. Without crushing the rich, dropping housing prices, making Private Equity illegal, forbidding share buybacks, ending stock options for executives, massive anti-trust enforcement and huge number of other policies, the US cannot take advantage of being hidden behind tariffs, especially when China is now producing more scientific and engineering advances than America.

People want hope. They need it. And they will find it, or what passes for it. We saw that with Obama, the ultimate neoliberal wannabe, who immunized bankers from their crimes and helped them steal millions of houses with fraudulent documents, then expanded fracking and bragged about, not just giving up the last chance to slow or stop climate change, but actually lighting gas on fire to speed it up.

Then Obama bragged about how much he had increased oil and gas production. Bragged.

No one is coming to save you if you are American, or, indeed Western. LePen will me a garbage fire. Starmer is one of the most mendacious neoliberal politicians of the past 50 years, an impressive feat.

If you want to do politics, you have to stop pretending that you can fix the major parties, and go third party. Yes, it’s a long shot, but it’s your only shot.

More realistically, national politics isn’t going to save your ass. You’re going to have to do it yourself, ideally with the help of other citizens. Perhaps thru a church, perhaps through a neighbourhood association, perhaps through a maker group: whatever, find a way to get like minded non-idiots together and support each other and start making the necessary changes so that you, your family and your friends have a better chance of getting thru the bad times.

It’s up to you. Climate change will not be stopped. My bet is that it is now into self-reinforcing growth. If it isn’t yet, it will be. The West’s hegemony is collapsing. As I have written repeatedly, Europe is going back to what it was for most of its history: a peripheral shithole on the edge of the Asian continent. The US is losing its empire and when it no longer had dollar privilege or a military that other countries are in terror of, Americans will find out the cost of sending their industrial base to China because if you can’t make it, other countries are going to demand a pound of flesh to send it to you.

Hell is coming and both Biden and Trump lead there, just by slightly different routes.

You get what you support. If you like my writing, please SUBSCRIBE OR DONATE

If Bosses Want At-Will Firing This Is What Is Required (The Good Society)

By

On June 12, 2024

Comments

One of the great complaints of bosses and corporations is that they can’t fire people whenever they want to. Employee protections were one of the great victories of the 20th century and the union movement, though far more in Europe than in America, except in the Federal civil services.

But bosses do have a point: being able to get rid of employees without fuss isn’t unreasonable: they’re hired to do a job, and if you don’t like how they’re doing it, firing them makes sense.

At first glance the problem is that often such power is abused, in too many ways to recount.

But the real problem is that without a job, people suffer: they have less, they may wind up homeless, in the US they’re essentially cut off from medical care and so on.

In a society where you would have a decent life whether employed or not, it wouldn’t matter if at employment was “at-will.”

We still live in a surplus society. If we were to get rid of planned obsolesence, massively reduce pollution, and work hard at public services like frequent and reliable public transit, free post-secondary education and plenty of third place gathering spots, we could have even more of a surplus: or rather, use much less and stop destroying the environment, so that we would stay a surplus society. Making people work when what they do isn’t actually necessary, is a “bullshit job” or actually does great harm, like almost all of the financial industry, is stupid, and doesn’t increase human welfare.

So the compromise is guaranteeing everyone in society a good life: housing, transit, health care and recreation. Again, we can do this, we have the surplus, and if we got rid of 40% of work, well, we’d have a society which would actually produce more welfare, because that work is useless of harmful.

And in a guaranteed good life society, very few people are going to want to spend their lives figuring out how to serve ads better, or other nonsense. They will want meaningful work: work which is enjoyable or which makes the world a better place. They will tend to self-select for jobs which really do benefit others, especially if, at the same time, we cap wealth at something like 10x median, and income at 3x what’s guaranteed. (Which also means those who want wealth will have to improve the baseline guaranteed wealth.)

At that point, if bosses want to fire people at will, who cares? It doesn’t matter. In fact, it’s more likely that bosses who offer work that isn’t meaningful or enjoyable, or both, won’t be able to get workers.

And that, my friends, is what a good surplus society looks like.

You get what you support. If you like my writing, please SUBSCRIBE OR DONATE

Did The Houthis Hit The USS Eisenhower May 31st?

By

On June 4, 2024

Comments

Well, the Houthis said they did. And it would seem unlikely, except that immediately after the Eisenhower withdrew north at top speed.

Aircraft carries are incredibly difficult to take out, but it wouldn’t be difficult to mess up the flight deck and at a guess, that’s probably what happened.

On top of that “it’s been five days since the Ike’s regular twice-a-day cargo deliveries via C-2 transport have taken place.”

I don’t know if the Eisenhower got hit, but—its actions are rather suspicious.

If the Houthis can get in even a slight hit, or scare off an aircraft carrier, what do you think China, Russia, Iran or even Hezbollah could do?

Put me on team “aircraft carriers are floating ducks in the modern missile environment.” And since the US Navy is built around aircraft carriers, well…

The thing is that everyone who was likely to fight a war against America knew that the US’s big gun was aircraft carriers and they’ve spent thirty years figuring out how to defeat them.

America is a maritime Empire and it can’t even defend trade against a bunch of tribesmen.

 

Now it can’t even keep an aircraft carrier on station to try and protect traffic.

Another nail in the coffin of American Empire.

You get what you support. If you like my writing, please SUBSCRIBE OR DONATE

Using Comparative & Absolute Advantage To Explain China’s Rise

By

On May 14, 2024

Comments

Economists spend a lot of time talking about comparative advantage: France has just the right climate and land to make great wine, for example. In the Industrial Revolution England had good quality coal in just the right place. Germany has a lot of good industrial workers and craftsmen.

Most comparative advantage, however, is cost advantage. If it’s cheaper and you can produce it for less, it’s hard to compete against you.

Absolute advantage is different. Absolute advantage is when you are the only one who sells something other people want or need. For most of the 20th century if you wanted commercial airplanes you could only get them from the US or Europe or Canada (until Canada’s aviation industry was mostly destroyed in the 50s under threat from the President of the US.) Cars were available from the West and the USSR, then from Japan and Korea. Most advanced medicines were made only by the West, though India came on strong for a lot of generics towards the end of the century.

Absolute advantage is far superior to comparative advantage: you can charge much more.

This is the second article on the West’s situation via China. If you haven, read the first “You can’t run industrial policy or a war economy under neoliberalism.”

Absolute advantage can be created. The rise of England didn’t start with the Industrial Revolution, it started when England banned exports of wool to the Netherlands. Be clear, English weavers sucked in comparison, but it didn’t matter. England produced most of the wool, and if you wanted woolens, you had no choice but to buy them England, inferior thought they were at the start, or do without.

This sort of policy used to be fairly standard. When I was young Canada would not export raw logs or raw salmon, for example, but by the 80s we had begun to do so. African nations have recently started insisting on doing primary processing in country: refine the ore or hydrocarbons, tin the fish, and so on. It’s not the same as advanced manufacturing, but it captures more of the value. If you have a resource there is more demand than supply for, you can insist. Perhaps tinning or smoking fish in the US or Mexico saved ten cents a can, but so what, before fish farming there was never enough salmon.

The problem with absolute advantage, though, is it makes you lazy. When you’re competing on comparative advantage, you have to drive down costs or increase quality, or ideally both. People don’t have to buy your goods, so they have to be better or cheaper.

Now the problem is that for about two centuries the West has had absolute advantage. For most intents and purposes everything we made had absolute advantage outside the West. We had better weapons, machines, clothes, medicines, transport. Everything.

Japan was the first non-Western nation to catch up, but an island nation without significant resources, it couldn’t compete and was conquered and made into a satrapy. South Korea was given the same treatment, and allowed to industrialize, as was Taiwan.

I was a young adult when Japan roared in the 80s, but Japan was never a serious threat, simply because it didn’t have enough population. It was never going to unseat the US or Europe, only claim its place in the (still) Western system.

China is a different matter. The reason China is eating the West’s lunch is that it has overcome most of our absolute advantage and is now competing with us on comparative advantage: Chinese goods are cheaper and in some cases, like EVs, Chinese goods are better. This often isn’t a small difference: you can buy an EV in China for 14K, and it’s a decent car.

Further, China has a massive domestic market. Oh, incomes are still not as high in the West, but the population makes up for it, and Chinese industries mostly aren’t oligopolies or monopolies. In 2019 there were over 500 EV companies. As of 2023 there were still about a hundred. The competition was fierce. There is nothing like it in the west, where car companies are essentially an oligopoly, and don’t truly compete on either price or quality.

China moved up the technological chain. They actually practice competitive market capitalism much more than we do: their markets are closer to “free” than any western country’s. They have effective subsidies due to the exchange rate and direct government intervention, of course, but that’s not the key issue any more (though it was for a long time), it’s that they are genuinely better at manufacturing than we are, and more responsive to what buyers actually want.

Many nations in the West used to have competitive internal markets, with a myriad of companies competing, but under neoliberalism, and to be fair to a certain extent under Bretton Woods liberalism, they were replaced by oligopolies. The problem with real competition is that you might lose. Fake competition is far safer, and offers far better returns for the ownership and executive classes.

Until, of course, you run into companies which are used to real competition, and they eat your lunch and you scream to the government for tariffs and trade war.

Mind you tariffs aren’t a bad idea, but if they are to work, Western companies must actually become competitive again and they don’t want to do that, it’s too much like work. Nor, as I’ve noted before, is it easy for them to do. Internal rent in the West is very high, and thus so is the cost of living. If they’re involved in a trade war, they have to sell to their own citizens, but the only way they know to reduce prices is to crush wages and if they do that, well, the internal market isn’t what it needs to be. (This is what FDR and Keynes realized, which is why New Deal and post-war capitalism emphasized having wages rising faster than inflation. It created a robust market.)

Offshoring anything another country doesn’t already know how to make is stupid, because when you offshore the locals learn how to make what you offshore and eventually they make it themselves for themselves and compete with you. “Friendshoring” can’t work, it can only crate new competitors with lower costs.

The days of the West’s absolute advantage are over. We threw it away for a few decades of high profits funneled to elites, and now we must learn to compete on comparative advantage again, something we mostly don’t have and aren’t used to being necessary.

It’s the bed we made and we have to lie in.

You get what you support. If you like my writing, please SUBSCRIBE OR DONATE

You Can’t Run Industrial Policy OR A War Economy Under Neoliberalism

By

On May 13, 2024

Comments

Washington spent 7.5 billion dollars on charging stations. The result?

Seven stations.

China has subsidized charging station as well. I can’t find reliable figures, though one source says around 10 billion dollars. How many charging stations does China have? Over seven million, 2.2 million of which are public units. The US has 186,200.

Bottom line Chinese EVs sell for about eleven to twelve thousand dollars, though when sent to the West the companies charge multiples of that and take the profits, so if you want a cheap EV you’ll have to figure out how to buy in China and import it yourself, which most Western countries make very difficult.

What’s amusing is that the US is planning on a 100% tariff on Chinese EVs—but even so, they’d still be cheaper and sell at a profit for Chinese EV makers. (As a practical matter, it’s very hard to get Chinese EVs in America.)

A western journalist specializing in EVs went to China recently and drove their cars. The article is long and worth reading, but the summary is that they’re better cars on top of being far cheaper. And this is an American journalist who went in expecting otherwise.

So, let’s fish and cut bait: as the title said, you can’t run industrial policy or a war economy under neoliberalism. It’s impossible. Russia easily and massively increased its production of weapons and ammunition during the Ukrainian war. The West? Hardly at all.

Washington spends 7.5 billion for 7 charging stations. This isn’t just incompetence, this is corruption. Yes, China and Russia have corruption. Lots of it. It is nothing compared to American and European corruption, not even on the same scale. In China, especially, most corruption is “honest corruption” — you can take a slice, but you have to actually deliver. If X number of homes or charging stations are to be produced, you’ve got to produce them.

This is a feature of neoliberalism. Neoliberalism is about unearned profits. This is seen most clearly in the stock market and in real estate. During the post-war period the stock market traded sideways. The indices basically didn’t go up at all. Under neoliberalism they went up inexorably. What is odd about this is that during the post-war period GDP growth was higher, so stock prices haven’t been rising since 1980 because of better economic performance, but rather because it’s government policy run mostly thru the Federal Reserve.

But this isn’t just true of housing and stock prices, it’s true of almost everything. Profit margins have soared during the neoliberal era. Our companies don’t compete on price or quality, they try to create oligpolies or monopolies so that they can charge more without having to provide significantly more value. The way they took advantage of Covid to raise prices far faster than their costs were rising is instructive.

Simply put, neoliberalism is about unearned money: about capital gains; PE plays where you buy a company with debt, load it with the debt and then dump it; monopolies and oligopolies and getting government to juice asset prices or pay you far more than you deserve for shoddy goods (see mil-industrial complex.)

There are, of course, partial exceptions, but even in those tend to be partial. Apple produced some real new products, but they also seek to receive monopoly prices for them. Almost all of the internet, built as a commons, has been turned into walled gardens and the small producers marginalized even as their product was stolen. AI is little more than an IP theft machine against small producers—writers and artists.

But let’s move back to “can’t run industrial policy.” Neoliberalism was very explicitly against tariffs and for free capital flows. Money flowed to the highest returns, no matter from which country. Capital goods and expertise were exported. China until very recently was a low-cost producer, so the West engaged in labor arbitrage and sent the manufacturing floor there. Take Apple, for example. They designed the iPhones and iPads and so on, but they were almost entirely produced in China, because it was cheaper.

Problems is that the best way for engineers to learn is on the manufacturing floor. So as the West sent most of its manufacturing to China, the Chinese learned. After all, they were the ones actually making the goods.

And now Huawei’s phones are out-competing Apple and Samsung. They’ve created their own OS. Their chips aren’t quite as good yet, but they’re moving fast.

As I’ve said repeatedly, wherever the world’s manufacturing floor is, is where innovation will inevitably move. There is a delay. It was about forty years when America overtook the UK. In the China/US case it seems to have been about twenty years. Which is to say, it’s already happened.

Now it’s important to note that this is no longer just about the manufacturing floor. The West’s costs are genuinely higher than China’s even now that China is no longer a low-cost labor market.  This is a feature of neoliberalism: we deliberately produced high housing and rent costs. In America, high health care costs are a deliberate matter of government policy. High living and real-estate costs mean American firms couldn’t compete with Chinese even if they wanted to and still had the capability, not even with subsidies, of which there are far more than people believe.

For about six years, I’ve heard constant complaints from Chinese that it was no longer possible to buy a home. Their housing market, like ours, was being bought up by investors, pricing out young people.

What was the Chinese response? They crashed their housing market and the government has stepped in. (From the Economist. Since it’s behind a paywall, I’m using a tweet with a screenshot):

We can’t compete with this. It’s impossible. Not because it’s impossible in theory, but because we don’t believe in doing such things and to pursue such policies we would have to hurt rich people, a lot, and they own Congress and the Presidency and our politicians in other countries.

China has repeatedly shown that if a policy is good for the majority, but hurts the rich, they’ll do it anyway. We’ve repeatedly shown the opposite.

And you can’t run industrial policy or a war economy if you want fake profits based on not actually producing good new goods at cheap prices. It can’t be done. If an entire society is based around “give me money for the least possible effort”, you’re cooked

China’s government, while not without serious flaws, works, and ours doesn’t, and that’s because China has refused to let private interests take over the government.

China is a capitalist country, there is no question about it. But the sort of capitalism they practice is the type we practiced in the 50s and 60s. You can get rich, but you have to actually produce and incomes are expected to rise faster than the cost of goods. Ordinary people’s lives are expected to get better. So much so that one Chinese I know said that many of the problems of China were essentially those of a paperclip optimizer which was intended to reduce poverty.

The West is toast. We can’t compete. It’s that simple. To compete we will have to change significantly, and while putting up tariffs isn’t actually a bad idea, it’s not enough alone. Without changing our fundamental governing and economic policies and ideology so that to get rich and stay rich you have to actually make good cheap new products in a way that improves the majority’s lives, we will never be able to compete.

You get what you support. If you like my writing, please SUBSCRIBE OR DONATE

America Flails, Resorting To Ineffective Sanctions Over and Over

By

On May 3, 2024

Comments

This has been a theme, but let’s keep nailing it shut.

My favorite recent news was this beauty:

Russia would struggle to sustain its assault on Ukraine without China’s support, Blinken said. “If China does not address this problem, we will,” he added, in a possible reference to sanctions against Chinese businesses involved in the trade with Russia.

China wants Russia to win, or at least not lose the war and needs Russia as a secure ally so that it can’t be encircled or blockaded. Russia has the food, minerals and fuel that China needs, and naval power can’t embargo supplies.

As for the effect of sanctions, well, what’s the line? “Don’t threaten me with a good time?” The effect of sanctions on China has been to make China stronger in almost every way.

Back in 2015 Xi decided on a ten year plan “made in China 2025.” The US hated it and sanctioned large chunks.

The results?

the analysis confirms that more than 86 per cent of these goals have been achieved, with some others likely to be completed later this year or next. Meanwhile some of the targets, such as electric vehicles (EV) and renewable energy production, have been well surpassed.

We all know that the Huawei and anti-chip sanctions have backfired completely. China now owns the legacy chip market and is making rapid progress in advanced chips. It created its own OS, bypassing Google, and has put out phones as advanced as those made by US and South Korean companies. The iPhone market share in China, one of its most important markets, is cratering.

Chinese EVs are crushing: they cost far less than Western ones (though when sold in Europe, they are marked up hundreds of percent) and the car market in China is now dominated by Chinese vehicles, where in 2015 foreign autos were preferred.

As for Blinken’s threats, the Chinese ignored them, and the US did, indeed, sanction.

Boo hoo.

Meanwhile, China has been selling Treasuries at a record clip.

China has decreased its Treasuries holdings from $849 billion to $775 billion between the beginning of Q2 2023 and Q2 2024, reaching its lowest holdings since 2009.

Can you say “reduction of exposure?” Sure you can.

At the same time, a number of African countries have removed their gold stockpiles from America. It seems that stealing Russia’s reserves for geopolitical reasons has consequences.

The largest economies in Africa and the Middle East are withdrawing their gold reserves from the United States.
Starting in 2024, Egypt, South Africa, Nigeria, Ghana, Cameroon, Senegal, Algeria and Saudi Arabia have decided to withdraw their gold reserves from the United States.
It should be noted that South Africa, Egypt and Nigeria are the largest economies in Africa.

Huh.

Let’s circle back to the “sanction China for trading with Russia” imbroglio. Russian foreign minister Lavrov had something to say about that:

“Russian-Chinese trade and economic cooperation are actively developing, despite the persistent attempts of the states of the collective West to put a spoke in the wheels,” Lavrov said. “There has been an almost complete de-dollarization of bilateral economic relations. Today, more than 90% of mutual payments have been transferred to national currency,” he added.

“Interaction in the energy sector is steadily advancing. The supply of our agricultural products to the Chinese market is growing. Joint projects are being implemented in the investment and industrial areas. The mutual benefit from such cooperation is clearly felt on both sides of the Russian-Chinese border,” Lavrov concluded.

Are sanctions working outside of China/Russia? Not in the near region. Lavrov again:

Despite the threats that our partners have received from the US and the European Union not to cooperate with the Russian Federation and the Republic of Belarus under pain of so-called secondary sanctions and other penalties, trade flows across the CIS are growing. [Trade] edged up by more than six percent last year, amounting to over $100 billion.”

Now let’s talk more generally. Every sanction is an imposition of geopolitical risk. Everyone in the world understand this: cross the US or Europe, in any way, and they will sanction you. If you use the US/European financial system, these sanctions can hurt. The way out is to move away from that system—to create another one, where transfers never touch the US or Europe.

So every sanction increase the incentives to create that system and move to it. Parts are already created, more will be and in the end there will be two major financial networks: one Western, one for the rest of the world. The effect on Western prosperity will be significant, though there will be advantages to Westerners not in the elite, as it will crush rent extraction by financial elites. (Though no doubt they’ll simple double down on domestic rent extraction.)

We are living thru the end of the Euro-American era. The end of centuries of dominance. It’s fascinating, but the consequences will be vast. Understand that it’s happening.

You get what you support. If you like my writing, please SUBSCRIBE OR DONATE

 

The Standard Conditions Peaceful Or Violent Revolution, Collapse and Coups

By

On April 15, 2024

Comments

We’ve discussed this before:

  1. fiscal inability;
  2. an elite faction which wants to take over;
  3. support of 20% or more of the population;

What is also very common is lost of prestige due to military defeat. This Russia in WWI (and they had also lost to the Japanese, which was particularly humiliating) or Germany, also after WWI. Getting your ass kicked makes people doubt you.

Or, if you want to put it another way: imperial overstretch, military defeat and internal strife.

America’s good, or rather, bad, on all of these. Just got its ass kicked by Yemen. Hasn’t won a war in generations. Massively ballooning deficits and debts at the same time as they’ve lost the ability to make much of what they need. Unable to build ships or advanced weapons or aircraft—aka: unable to produce the necessary military goods. Unable to recruit enough men to fill the military. Unable to keep its own ships and planes maintained properly. Police bloated but ineffective at anything but beating heads (and we’ll find out they aren’t good at that either when people start fighting back.)

Fiscal over-reach. Incompetence of the enforcer class who are also no longer loyal and many of whom don’t support the current state. (Remember, on Jan 6, the cops mostly didn’t fire. They would have against left wingers.) Massive prestige loss. Unhappy population due to generations of declining standards of living (no, don’t even, the official stats are bullshit. I was alive then. The standard of living is getting worse and worse unless you’re on of a few percent of winners.) Industry shipped overseas to main rival. Alliance of the largest major continental powers in Asia: Russia, China and Iran, with most of the third world preferring them to the West, even as African nations start kicking France and America out.

The question was always “when” not “if” since everything ends, but “when” is getting a lot closer. We could stumble on for quite a while until some event precipitates the the final cascade of events, but equally it could happen very soon because all the conditions are there for it. Once the conditions are met, it simply requires the inciting moment or person. Could be Trump, but more likely it’s the guy who learns from him who’s more competent.

I take some pleasure in this, but not a great deal. When the US collapses, my personal standard of living will collapse with it. I may wind up on the street and if I don’t I’ll be living a lot less well. Plus the US, in collapse and after, will be a danger to those countries in its immediate vicinity and I live in Canada.

But the conditions for collapse, revolution or coup are met.

You get what you support. If you like my writing, please SUBSCRIBE OR DONATE

The Hard Problem of Leadership

By

On April 1, 2024

Comments

We have lived under representative democracy for a long time now, and while it has had its victories and there have been good leaders, it’s fair to say that most of the leadership, most of the time, has been bad or even evil, and that representative democracy has failed its biggest test—managing climate change and environmental collapse.

This is a Green Age After the Collapse Article. You can read the others (this is the fourth), here.

The other forms of leadership we’ve tried since the invention of agriculture have all, likewise, been more bad than good or have failed to scale well enough to protect themselves. Kingship, rank societies, big man societies, feudalism, imperialism, direct democracy and so on. On the economic side, when it’s not identical to the political, we’ve also tended to choose bad leaders, whether they were merchant lords, corporate CEOs and boards, guild masters or slavers. Most systems work well for a few generations, then fall apart. Seven generations when you’re lucky, more commonly three, as with neoliberalism.

Just thinking back over my life, I can’t think of a President who wasn’t doing more evil than good. This even includes Carter, who was the neoliberal leader before neoliberalism. The case for every other President is clear: Obama, for example, ramped up drone assassinations and encouraged the banks to steal people’s homes without the necessary paperwork, while massively ramping up shale oil and gas production and bragging about it.

As for corporate leadership, the idea that Musk, Bezos, Gates, and the various banking CEOs and so far are good leader is ludicrous. They are, to be sure, successful, but the society they have created is heading towards catastrophe. Even when you look at a man many worship, like Steve Jobs, you find a mixed legacy at best. Jobs opus was the smartphone. And while it’s a marvelous piece of technology, when you look at the actual literature of the effect of smart phones, it’s that the more you use one, the less real friends you have and the more unhappy you are.

And the weird thing is that Jobs didn’t even invent the underlying breakthrough, which is to say the graphical GUI, any more than Gates invented the PC (Jobs has a better shot there). And the people who make the most money out of the internet and the world wide web didn’t invent either of those things—both were invented by government supported researchers.

What Jobs and co did is bring certain ideas to scale, which is necessary if the idea should be brought to scale. But there are many different ways that an idea can be scaled and it may not require the sort of psychopathy that is common to corporations; that is, indeed, part of their DNA.

Leadership is one of the few core problems: if we can’t get it right, we can’t get anything right, because almost everything is downstream from our decisions as a species, and our leaders, whoever they are, make the most important decisions.

We have to select leaders better, or we’ll never live in good societies for any length of time, and those of us who do luck out and live in one, will indeed, just be the recipients of luck.

I’m going to write about this more, soon. The next step will be talking about Plato and the book of his everyone loves to hate, The Republic.

Because Plato’s specific solution might be repulsive to almost everyone, but he was trying to answer the right question, and we need to understand why we hate his answer, and if we’re right to do so.

You get what you support. If you like my writing, please SUBSCRIBE OR DONATE

 

Page 9 of 24

Previous

Next

Powered by WordPress & Theme by Anders Norén