MARK BLYTH ~ AUSTERITY ~ 2013

~ A-IAFO-VD-IWTEATT-R-O-W-P-A-PS-TR-C-WI(S)BAB-CTS-B-D-A-D-DS-IAB-WI-‘BC’ ~ Austerity – Is A Form Of – Voluntary Deflation – In Which The Economy Adjusts Through The – Reduction – Of – Wages – Prices – And – Public Spending – To Restore – Competitiveness – Which Is (Supposedly) Best Achieved By – Cutting The State’s – Budget – Debts – And – Deficits – Doing So – Its Advocates Believe – Will Inspire – “Business Confidence”

~ TPOA-IMOTN-ETWTTD-PBIPTVOYATTA ~ The Policy Of Austerity – Is More Often Than Not – Exactly The Wrong Thing To Do – Precisely Because It Produces The Very Outcomes You Are Trying To Avoid

~ IWITTP-WSIPTB? ~ I Wasn’t Invited To The Party – Why Should I Pay The Bill?

~ T-ADW-I-TFRIADI ~ That – Austerity Doesn’t Work – Is – The First Reason It’s A Dangerous Idea

~ TWCIA-‘SDC’-SAVIPO-‘BAS’-AP ~ That We Call It A – “Sovereign Debt Crisis” – Suggests A Very Interesting Politics Of – “Bait And Switch” – At Play

~ TCO-STGBS-HEUO-TBSOG-ATATCO-TB-WIWWMCT-A-SDC-WIFIIQ-TAWC-BC ~ The Cost Of – Saving The Global Banking System – Has Ended Up On – The Balance Sheets Of Governments – As They Absorb The Costs Of – The Bust – Which Is Why We Mistakenly Call This – A – Sovereign Debt Crisis – When In Fact It Is A – Transmuted And Well Camouflaged – Banking Crisis

~ ‘TBTF’-‘TBTB’ ~ “Too Big To Fail” – “Too Big To Bail”

~ ISAA-STB-TWN-OOGS-TGUT ~ It’s Still All About – Saving The Banks – There Was No – Orgy Of Government Spending – To Get Us There

~ AINJ-TPOSTB-T-TPTTBWSETP ~ Austerity Is Not Just – The Price Of Saving The Banks – It’s – The Price That The Banks Want Someone Else To Pay

~ S-A-I-ITT-YCCDWMD-I-TBATPTDECATDSOPTPABUAD-T-APSWNW ~ So – Although – If – Its True That – You Cannot Cure Debt With More Debt – If – Those Being Asked To Pay The Debt Either Cannot Afford To Do So Or Perceive Their Payments As Being Unfair And Disproportionate – Then – Austerity Policies Simply Will Not Work

~ EITWND-DHLIAMEF-‘ZE’~ Economic Ideas That Will Not Die – Despite Huge Logical Inconsistencies And Massive Empirical Failures – “Zombie Economics”

~ FOUWITTP-B-WAABATPTB ~ Few Of Us Were Invited To The Party – But – We Are All Being Asked To Pay The Bill

~ A-IFAFA-PPOD-A-NAEPOA ~ Austerity – Is First And Foremost A – Political Problem Of Distribution – And – Not An Economic Problem Of Accountancy

~ F-ND-AGI ~ Facts – Never Disconfirm – A Good Ideology

~ ACFWTCFHWT-NOCHSIC-SCAN ~ A Common Refrain When The Crisis First Hit Was That – No One Could Have Seen It Coming – Such Claims Are Nonsense

~ BS-ALP(GTSAAD)-A-(V)H-I-E ~ Black Swan – A Low Probability (Given The Sample And Assumed Distribution) – And – (Very) High-Impact – Event

~ TTOAGOETWOESMAGATSAB-TMUW-WTI ~ The Theories Of A Generation Of Economic Thinkers Who Only Ever Saw Markets As Good And The State As Bad – The Models Used Were – Worse Than Inaccurate

~ NOAHNOTHATDW-TSSH-O-IM ~ Note Once Again How None Of This Has Anything To Do With – The State’s Spending Habits – Or – Individual Morality

~ TPPOFI ~ The Political Power Of Financial Ideas

~ TWCWTTSTS? ~ The World Changes While The Theory Stays The Same?

~ DET-E-A-D-D-PAEC ~ Different Economic Theories – Empower – And – Disempower – Different – Political And Economic Constituencies

~ TPWPT-TB-DH-SITG ~ The Problem Was Precisely That – The Banks – Didn’t Have – Skin In The Game

~ Systemic Risk – The Risk – That You Cannot – Diversify Away

~ TS-PAGASAFC-IDN-DAFDTPS ~ The State – Plugged A Gap And Stopped A Financial Collapse – It Did Not – Dig A Fiscal Ditch Through Profligate Spending

~ TBMHMTL-B-TCWPFT ~ The Banks May Have Made The Losses – But – The Citizenry Will Pay For Them

~ R-WSTB-C-B-FDAR-MT-B-I-TTST-AAS-RT-RAC-TRITS ~ Risks – Were Supposed To Be – Controlled – By – Financial Derivatives And Risk-Management Tools – But – Instead – These Technologies Seemed To – Amplify And Spread – Rather Than – Reduce And Control – The Risk In The System

~ TINNAM-TPIWL-STPOOL-E-ICAPIMF-AA-DPP-TI-C-R-E-B-A-ATR ~ There Is Nothing Natural About Markets – Turning People Into Wage Laborers – Securing The Private Ownership Of Land – Even – Inventing Capital And Preserving Its Monetary Form – Are All – Deeply Political Projects – That Involve – Courts – Regulation – Enforcement – Bureaucracy – And – All The Rest

~ TS:CLWI/CLWI/DWTPFI ~ The State: Can’t Live With It / Can’t Live Without It / Don’t Want To Pay For It

~ A-R-AI-IT-FABER ~ Austerity – Remains – An Ideology – Immune To – Facts And Basic Empirical Refutation

~ ADW-P-IATFRCAFCOWLL-‘EFC’-TCAEDBFOTWTAPM-O-TPSGTCW-IHIBU-CP-R-PI-MRTLD-A-A-W-IHNO-‘DWISOTT’ ~ Austerity Doesn’t Work – Period – Insofar As The Fossil Record Contains A Few Cases Of What Look Like – “Expansionary Fiscal Consolidations” – These Cases Are Either Driven By Factors Other Than What The Austerity Proponents Maintain – Or – Those Proponents Simply Get The Cases Wrong – It Has Instead Brought Us – Class Politics – Riots – Political Instability – More Rather Than Less Debt – Assassinations – And – War – It Has Never Once – “Done What It Says On The Tin”

~ A-IGIPB-TIOS-TAO-AEDOTTB ~ Austerity – Is Generated In Part By – The Inability Of Societies – To Agree On – An Equitable Distribution Of The Tax Burden

~ H-PAD-EACOTP-F-MHEIOGM ~ Having – Pumped And Dumped – Every Asset Class On The Planet – Finance – May Have Exhausted Its Own Growth Model

~ TIHWAGTDWOD-T-T-AN-A-NBAIU-WII-NBTAMDTC-WTA-A-NBDHAIB-WID-B-B-ASDW ~ This Is How We Are Going To Deal With Our Debts – Through – Taxes – And Not – Austerity – Not Because Austerity Is Unfair – Which It Is – Not Because There Are More Debtors Than Creditors – Which There Are – And – Not Because Democracy Has An Inflationary Bias – Which It Doesn’t – But – Because – Austerity Simply Doesn’t Work

NAOMI KLEIN ~ THE SHOCK DOCTRINE ~ 2007

~ DC-OR-O-TPS-ITWO-CE-CW-TTODAEMO ~ Disaster Capitalism – Orchestrated Raids – On – The Public Sphere – In The Wake Of – Catastrophic Events – Combined With – The Treatment Of Disasters As Exciting Market Opportunities

~ DCC ~ Disaster Capitalism Complex

~ CSI ~ Corporate Supremacist Ideology

~ AP-RA-B-AFVLC-A-ACO-MW-P-WHAE-SLBTTG ~ A Powerful – Ruling Alliance – Between – A Few Very Large Corporations – And – A Class Of – Mostly Wealthy – Politicians – With Hazy And Ever-Shifting Lines Between The Two Groups

~ The Ideologies That Long For That Impossible – Clean Slate – Which Can Be Reached Only Through – Some Kind Of Cataclysm – Are The Dangerous Ones

~ T-TITMO-W-P-TMIG ~ Then – There Is The Matter Of – Where – Precisely – The Money Is Going

~ WID-BC ~ When In Doubt – Blame Corruption

~ TPO-ST-ITOUAWF-EPTBMVQ-N-DTL-B-PBOI-CSL-F-CTC-MOASATLCU ~ The Point Of – Shock Therapy – Is To Open Up A Window For – Enormous Profits To Be Made Very Quickly – Not – Despite The Lawlessness – But – Precisely Because Of It – Constantly Shifting Location – From – Crisis To Crisis – Moving On As Soon As The Law Catches Up

~ BCF-LAO-A-TPHABMO-IRJAWO-LTTEPF ~ But Calling For – Law And Order – After – The Profits Have All Been Moved Offshore – Is Really Just A Way Of – Legalizing The Theft Ex Post Facto

~ T-G-R-O-D-T-D ~ The – Get-Rich-Or-Die-Trying – Dystopia

~ TUSO-‘S’-IT-TVMNCBA-TEU-IS-IB-O-ICSC-TA-TD ~ The Ugly Secret Of – “Stablization” – Is That – The Vast Majority Never Climb Back Aboard – They End Up – In Slums – In Brothels – Or – In Cargo Ship Containers – They Are – The Disinherited

~ TTI-TWRDBGAI ~ Then There Is – The Whirling Revolving Door Between Government And Industry

~ NCR ~ No Conspiracies Required

~ THOSMW-B-ATMOTWP-WNAPP-N-O-WIALO ~ The Hoarding Of So Much Wealth – By – A Tiny Minority Of The World’s Population – Was Not A Peaceful Process – Nor – Often – Was It A Legal One

~ OTMOTSDADACU-WCBHTTBS-MDTC-SR ~ Once The Mechanics Of The Shock Doctrine Are Deeply And Collectively Understood – Whole Communities Become Harder To Take By Surprise – More Difficult To Confuse – Shock Resistant

~ TBWT-R-F-H-TOTB-H-HTRTBPOA-CR ~ The Best Way To – Recover – From – Helplessness – Turns Out To Be – Helping – Having The Right To Be Part Of A – Communal Recovery

JAMES KWAK ~ ECONOMISM ~ 2017

~ BEATROI ~ Bad Economics And The Rise Of Inequality

~ E-ROTPT-PCAM-BAT-TA-TDIOAE101T-ETTABTDVNHTITRW ~ Economism – Rests On The Premise That – People – Companies – And – Markets – Behave According To – The Abstract – Two-Dimensional Illustrations Of An Economics 101 Textbook – Even Though The Assumptions Behind Those Diagrams Virtually Never Hold True In The Real World

~ EIAILTWPMSOR-BICTAO-‘E’-ECBAPRT ~ Economism Is An Interpretive Lens Through Which People Make Sense Of Reality – Because It Claims The Authority Of – “Economics” – Economism Can Be A Powerful Rhetorical Tool

~ WSEACSMP-ITWTMOJ-TESO-ATITIG-WETFOAATCI ~ While Superficial Economic Arguments Can Serve Multiple Purposes – In Today’s World They Most Often Justify – The Existing Social Order – And The Inequality That It Generates – While Explaining The Futility Of Any Attempt To Change It

~ RARWQTSM-A-ATITST-ITS-EILAI ~ Reducing All Real-World Questions To Simple Models – And – Answering Them In The Same Terms – In This Sense – Economism Is Like An Ideology

~ TCJFGDOW-INLTTSHWDBG-OTTSOTFIRFTPOTS-I-IIN-EC-BIITNOOAESTPTGGTTGN ~ The Common Justification For Great Disparities Of Wealth – Is No Longer That The Social Hierarchy Was Dictated By God – Or That The Survival Of The Fittest Is Required For The Progress Of The Species – Instead – Inequality Is Necessary – Even Celebrated – Because It Is The Natural Outcome Of An Economic System That Provides The Greatest Good To The Greatest Number

~ TAOETPA-AS-RT-RD-IOSOIS ~ The Ability Of Economism To Pass As – Abstract Science – Rather Than – Rhetorical Device – Is One Source Of Its Strength

~ EIAIBOISEAEP-A-C-U-POTW-WCBCQAE-DW-MAUF ~ Economism Is Also Influential Because Of Its Sedative Elegance And Explanatory Power – A – Clean – Uncluttered – Picture Of The World – Which Can Be Communicated Quickly And Easily – Dispensing With – Messy And Uncooperative Facts

~ ASSOAC-BOAUA-HB-WICS ~ A Small Set Of Abstract Concepts – Based On Admittedly Unrealistic Assumptions – Has Become – Widespread In Contemporary Society

~ IALETMAC-ITAWOSADC-TII-ITRWOPAI ~ It’s A Lot Easier To Make A Case – In The Abstract World Of Supply And Demand Curves – Than It Is – In The Real World Of People And Institutions

~ IGPPWTBUTAISOS-WTSTIOTG-O-PIWAFIOTW ~ Ideas Gain Power Precisely When They Become Useful To An Important Segment Of Society – When They Support The Interests Of That Group – Or – Provide It With A Favorable Interpretation Of The World

~ BBTPO-PT-SI-A-WP-CCTBUWEFTPOPTO ~ Befuddled By The Popularity Of – Progressive Taxes – Social Insurance – And – Welfare Programs – Commentators Continue To Blame Unfamiliarity With Economics For The Popularity Of Policies They Oppose

~ M-IC-WDNSIEI-ARATVOE ~ Many – Influential Commentators – Who Do Not Specialize In Economic Issues – Also Routinely Adopt The Vocabulary Of Economism

~ TM-NE-BMIASWOPADSAEI ~ The Media – Normalize Economism – By Making It A Standard Way Of Presenting And Discussing Social And Economic Issues

~ FC-WSGWHBACPQ-ERTQFTPSTTAROT-IWT-CLM-PT-P-I-S ~ For Centuries – Who Should Get What Has Been A Central Political Question – Economism Removes The Question From The Political Sphere To The Abstract Realm Of Theory – In Which The – Competitive Labor Market – Provides The – Perfect – Indisputable – Solution

~ OOTCPOEIT-T-A-V-V-B-AU-YCMTAEUAS-A-DD-TITHTDPFWATMSWOIPTSMDETOE ~ One Of The Core Principles Of Economism Is That – Taxes – Are – Very – Very – Bad – As Usual – You Can Make The Argument Easily Using A Supply-And-Demand Diagram – The Idea That Higher Taxes Discourage People From Working And Therefore Make Society Worse Off Is Probably The Single Most Deeply Entrenched Tenet Of Economism

~ MPABUOTTR-MHBFDABNOSCIROR-B-OPR-SA-‘SWILOAE’ ~ Many People Are Blissfully Unaware Of Their Tax Rates – Most Human Beings’ Financial Decisions Are Based Not On Sophisticated Calculations Involving Rates Of Return – But – On Primitive Rules – Such As – “Save Whatever Is Left Over After Expenses”

~ LTRITAOMTTGHTB-RTCATTPS ~ Lower Tax Revenues Increase The Amount Of Money That The Government Has To Borrow – Reducing The Capital Available To The Private Sector

~ TSMST-LITWISAG-DHUTS-LPKMOTSDNAMTTWM ~ The Simple Model Saying That – Lower Investment Taxes Will Increase Savings And Growth – Doesn’t Hold Up To Scrutiny – Letting People Keep More Of Their Salaries Does Not Always Motivate Them To Work More

~ AGISAMBWWOCAOSTWDNTTPSTLAE-AS-TQOWTAWDOWFWEFOGAHWIFT ~ A Government Is Simply A Mechanism By Which We Organize Certain Aspects Of Society That We Do Not Trust The Private Sector To Look After Effectively – And So – The Question Of Whether Taxes Are Worthwhile Depends On What Functions We Expect From Our Government And How Well It Fulfills Them

~ TGPOAWITSTBOWPBIEP ~ The Greatest Power Of A Worldview Is To Set The Boundaries Of What People Believe Is Even Possible

~ ERM-FTP-HBIACWBIAWOE-IFC ~ Economism’s Rosy Model – Failed To Predict – How Both Individuals And Companies Would Behave In A World Of Ever-Increasing Financial Complexity

~ I2008-WRTLTACMDNMETCFTIMPU-I-P-SBLBPACTMTIGIWTDLDAWR-SOATMS ~ In 2008 – We Relearned The Lesson That A Competitive Market Does Not Magically Ensure That Capital Flows To Its Most Productive Uses – Instead – Profit-Seeking Behavior Leads Both People And Companies To Maximize Their Individual Gains In Ways That Distort Lending Decisions And Waste Resources – Sometimes On A Truly Monumental Scale

~ TMTNCALAMCTE-A-CRASTLTETTBWSTNCI ~ The Megabanks That Nearly Collapsed Are Larger And More Complex Than Ever – And – Capital Requirements Are Still Too Low To Ensure That Those Banks Will Survive The Next Crisis Intact

~ IARWLM-TADCCL ~ In A Real-World Labor Market – Trade Agreements Do Create Clear Losers

~ TGAOEHBT-RAPI-AAL-E-T-U-SN-FFSTW ~ The Great Achievement Of Economism Has Been To – Repackage A Political Ideology – As A Lightweight – Easy-To-Use – Seemingly Neutral – Framework For Seeing The World

~ BCTSO-AT-EDTTIADAA-TWSITWII-IYDA-YMNU-E101 ~ By Claiming The Status Of – Absolute Truth – Economism Denies That There Is Any Debate At All – The World Simply Is The Way It Is – If You Don’t Agree – You Must Not Understand – Economics 101

~ EPAIRIOCPI-PCTOAAA-WPOTTM ~ Economism Plays An Important Role In Our Contemporary Political Institutions – Prioritizing Certain Types Of Analyses And Arguments – While Pushing Others To The Margins

~ FASTBR-CMANE-TMAB-PDPI-TPEF-MP-SC-A-SAESOR ~ For A Society To Become Rich – Competitive Markets Are Not Enough – There Must Also Be – Pluralistic Democratic Political Institutions – That Prevent Elites From – Monopolizing Power – Suppressing Competitors – And – Seizing An Excessive Share Of Resources

~ U-IWTA-NW-TDBWTO ~ Ultimately – It Will Take A – New Worldview – To Do Battle With The Old

SUSAN GEORGE ~ WHOSE CRISIS, WHOSE FUTURE?

~ WC-WF? ~ Whose Crisis – Whose Future?

~ T-A-G-F-R-W ~ Towards – A – Greener – Fairer – Richer – World

~ TO-AN-T-P-O-F-B-P-I-A-I ~ The Obstacles – Are Not – Technical – Practical – Or – Financial – But – Political – Intellectual – And – Ideological

~ TE-C-TSDOTE-‘E’-JUSE ~ The Economists – Call – The Systematic Destruction Of The Environment – “Externalities” – Just Unfortunate Side Effects

~ BTEIU-A-GVI-SINUAW ~ Because The Economy Is Unjust – And – Generates Vast Inequalities – Society Is Necessarily Unjust As Well

~ F-F-H-R-UIC ~ Further – Faster – Higher – Richer – Until It Crashes

~ AG-BOSMDTKTOWOTOABL ~ A Grab-Bag Of Stopgap Measures Designed To Keep The Old World Order Ticking Over A Bit Longer

~ ITF=PWAH-TB-S-RT-TRC-WATFATPET ~ It’s Tempting For – People Who Are Hurting – To Blame – Scapegoats – Rather Than – The Real Culprits – Who Are Too Far Away To Provide Easy Targets

~ T-RL-A-FFP-TPTC-WIJATTBAPBI-MS-R-TPF-TAPW-PR-POEK-AT-MCNL ~ The – Risky Loans – And – Fancy Financial Products – That Precipitated The Crisis – Were Intellectually Justified At The Time By A Pious Belief In – Market Self-Regulation – The Patent Fiction – That All Participants Were – Perfectly Rational – Possessed Of Equal Knowledge – And That – Markets Could Not Lie

~ DASPAUWTCIOTRAPAAS ~ Dark And Secret Plots Are Unnecessary When The Common Interests Of The Rich And Powerful Are At Stake

~ P/S;C/S ~ Primes / Subprimes; Crimes / Subcrimes

~ WDYM-‘NSTC’-? ~ What Do You Mean – “Nobody Saw This Coming” – ?

~ R-S ~ Regulation – Shmegulation

~ LTER ~ Let Them Eat Research

~ HNWI ~ High Net Worth Individuals

~ PAB-TKPWT-GIF ~ People Aren’t Blind – They Know Perfectly Well That – Globalization Isn’t Fair

~ NAOWTMPH ~ New And Original Ways To Make People Hungry

~ W:TPCP ~ Water: The Perfect Capitalist Product

~ CSBAPG ~ Credit – Should Be A – Public Good

PHILIP COGGAN ~ PAPER PROMISES ~ 2011

~ CATMBWGBTTPDW ~ Criminals Are The Main Beneficiaries When Governments Ban Things That People Desperately Want

~ WDATMG?-TMHGA;IWNRT ~ Where Did All The Money Go? – The Money Hasn’t Gone Anywhere; It Was Never Really There

~ TKT-AB-IT-TLBHDLAHPIS-R ~ The Key To – Asset Bubbles – Is That – The Link Between Higher Debt Levels And Higher Prices Is Self-Reinforcing

~ HB-AC-A-PHTS-TIBSBHALOSWTAI-B-EA-L ~ Housing Bubbles – Are Common – And – Particularly Hard To Stop – That Is Because Such Bubbles Have A Lot Of Supporters While They Are Inflating – Banks – Estate Agents – Lawyers

~ ALSHTBRITBWTBKG ~ And Lending Standards Had To Be Relaxed If The Boom Was To Be Kept Going

~ W-CE-IIHTGB-TATBM-CTTFITS ~ Without – Credit Expansion – It Is Hard To Generate Bubbles – The Ability To Borrow Money – Creates The Temptation For Investors To Speculate

~ B-DOD-TGS-H-TEO-BW-RTRBOTS-TWNLTTAOMACTCBC ~ Bubbles – Did Occur During – The Gold Standard – However – The End Of – Bretton Woods – Released The Remaining Brake On The System – There Was No Limit To The Amount Of Money And Credit That Could Be Created

~ FER-A-LTD-A-GICM-TA-TFS-TGAA-F-F-SM-A-CAVIFHA(ASO)E-RR ~ Floating Exchange Rates – Allowed – Larger Trade Deficits – And – Greater International Capital Movements – This Allowed – The Financial Sector – To Grow As A – Facilitator – For – Such Movements – And – Created A Vast Industry For Hedging Against (And Speculating On) Exchange-Rate Risk

~ LFM-AA-CGTA-CBDNRIATDTPTRB-I-B-IWMF-B-NWTR-TES ~ Liberalizing Financial Markets – Also Allowed – Credit Growth To Accelerate – Central Banks Did Not Regard It As Their Duty To Pop The Resulting Bubbles – Instead – By – Intervening When Markets Fell – But – Not When They Rose – They Encouraged Speculation

~ TP-BWEHNJPB-IHABAB-TPGOTFS ~ The Post-Bretton Woods Era Has Not Just Produced Bubbles – It Has Also Been Accompanied By – The Phenomenal Growth Of The Financial Sector

~ TBWLCIAC-TTACETMFRTS-ATMFFAF-TTGBAB-SAPWRR-IBN(ODM)TFCUOTP ~ The Bankers Were Like Croupiers In A Casino – They Took A Cut Every Time Money Flowed Round The System – As The Money Flowed Faster And Faster – Their Take Got Bigger And Bigger – Since Asset Prices Were Rising Rapidly – Investors Barely Noticed (Or Didn’t Mind) The Finance Sector’s Cut Of Their Profits

~ TSMCTBDBTFS-THEOALTAGWOTBTTOR-BHLCATA-TUM-L ~ The Stock Market Came To Be Dominated By The Finance Sector – This Huge Expansion Owed A Lot To A Greater Willingness Of The Banks To Take On Risk – Banks Held Less Capital Against Their Assets – They Used More – Leverage

~ ‘MH’-DHNITMTHOTBSGSBTAWGTD ~ “Moral Hazard” – Depositors Have No Incentive To Monitor The Health Of Their Banks Since Governments Stand Behind Them And Will Guarantee Their Deposits

~ BFWTGRTR-MROTBS-A-TRDNSATKUWTB-PCITPS ~ Banks Found Ways To Get Round The Rules – Moving Risk Off Their Balance Sheets – And – The Regulators Did Not Seem Able To Keep Up With Their Better-Paid Counterparts In The Private Sector

~ T-FS-HBWECA-‘R-S’-CEPFIS ~ The – Finance Sector – Has Become What Economists Call A – “Rent-Seeker” – Charging Excessive Prices For Its Services

~ FPAOCWTRTTEPIO;CMBPOTOWRI ~ Financial Products Are Often Complex With The Result That The Effective Price Is Obscure; Clients May Be Paying Over The Odds Without Realizing It

~ TROCBTIIAB-OSTTFOEIBHAP-H-TMMW-I ~ The Reluctance Of Central Banks To Intervene In Asset Bubbles – Owed Something To The Feeling Of Euphoria Induced By Higher Asset Prices – However – The Main Motivation Was – Ideology

~ FA-HD-‘E-MT’-WSTCPWALTBABROTFSOTMTTVOAGOOCB-B-RA-HBCAATE-MHESIWD-ICBSTHANOB ~ Finance Academics – Had Developed – “Efficient-Market Theory” – Which Suggested That Current Prices Were Always Likely To Be A Better Reflection Of The Fundamental State Of The Market Than The View Of A Government Official Or Central Banker – But – Rival Academics – Have Been Chipping Away At The Efficient-Market Hypothesis Ever Since It Was Developed – Investors Can Be Shown To Have A Number Of Biases

~ ATBB-A-S-A-D-C-A-ATCILG-SRI-R-H-CTATTMCHTRI ~ As The Banks Became – All-Singing – All-Dancing – Conglomerates – And – As They Consolidated Into Larger Groups – Systemic Risk Increased – Regulators – However – Continued To Assume That The Market Could Handle The Risks Itself

~ STDFTPTTPS-SLTSWAALODOIB ~ Shifting The Debts From The Private To The Public Sector – Still Leaves The System With An Awful Lot Of Debt On Its Books

~ ‘C’-W-PP-GIO-TNTRTS-W-J-TB-A-S-OATBARA-WADPGO-GAHOTDC ~ “Clientelism” – When – Political Parties – Get Into Office – They Need To Reward Their Supporters – With – Jobs – Tax Breaks – And – Subsidies – Once Added These Boondoggles Are Rarely Abolished – When A Different Party Gains Office – Goodies Are Handed Out To Different Clients

~ J-FODF ~ Jubilee – Festival Of Debt Forgiveness

~ ‘OD’-TPO-DIBTAK ~ “Odious Debt” – The Problem Of – Deficits Incurred By Tyrants And Kleptocrats

~ ESGTOD-YGHHTPTDOTO-B-EGHBBTTL-TAOTDWMTINLTC-TPSIROOS ~ Ever Since Governments Took On Debt – Younger Generations Have Had To Pay The Debts Of The Old – But – Each Generation Has Been Bigger Than The Last – The Aging Of The Developed World Means This Is No Longer The Case – The Ponzi Scheme Is Running Out Of Suckers

~ TWHSCACIWMADHE ~ The World Has Seen Cycle After Cycle In Which Money And Debts Have Expanded

~ E-AHWBJAPTLANTBFAIS ~ Eventually – A House Will Be Just A Place To Live And Not The Basis For An Investment Strategy

~ SMOBAIATOOTO-IAD ~ Stagnation May Only Be An Interim Alternative To Our Other Two Options – Inflation And Default

~ TURIT-OCE-CTTASPOTITF-YIAYO-UTAUO ~ The Underlying Reality Is That – One Cannot Expect – Countries To Transfer A Significant Proportion Of Their Income To Foreigners – Year In And Year Out – Unless They Are Under Occupation

~ WDIOIOEII-TFILOAP ~ Whether Debt Is Owed Internally Or Externally Is Important – The Former Is Less Of A Problem

~ FRHBMMVTTSE ~ Floating Rates Have Been Much More Volatile Than Their Supporters Expected

~ TTISITDO-CC ~ The Tide Is Shifting In The Direction Of – Capital Controls

~ TDWHMIF-WAFBOAP-A-AEROTFS ~ The Developed World Has Mortgaged Its Future – With A Foolish Bet On Asset Prices – And – An Excessive Reliance On The Finance Sector

~ TDMBRIIM-O-DC-;TMBPOTOGWAGCTR;TMRIOD ~ The Debts May Be Repaid In Inflated Money – Or – Devalued Currency; They May Be Passed On To Other Governments With A Greater Capacity To Repay; They May Result In Outright Default

~ TGEIC;FMITW-IWNBFTB ~ The Global Economy Is Changing; For Many In The West – It Will Not Be For The Better

JOHN HORGAN ~ THE END OF WAR ~ 2012

~ WANHFW ~ We Are Not Hardwired For War

~ WCEWIWWACTEI ~ We Can End War If We Want And Choose To End It

~ WWSBTWCEW-WAWOOW ~ When We Start Believing That We Can End War – We’re Already Well On Our Way

~ WHNSC-NEC-NDIHASS ~ War Has No Single Cause – Not Even Close – Nor Does It Have A Single Solution

~ TMOTDM ~ The Myth Of The Demonic Male

~ WRO ~ War’s Recent Origin

~ WMABSL-IIACTIIAT-SMSTTFJIENB ~ What Makes A Belief System Lethal – Is Its Adherents’ Conviction That It Is Absolutely True – So Much So That They Feel Justified In Eliminating Non-Believers

~ YCBIAOAFBA ~ You Can’t Blame It All On A Few Bad Apples

~ TEMOW ~ The Essential Mystery Of War

~ WHBBOADAOF-B-WASDTYCFETSOCAAT ~ War Has Been Blamed On A Dizzying Array Of Factors – But – Wars Are So Diverse That You Can Find Evidence To Support Or Contradict Almost Any Theory

~ IWACC?-Y ~ Is War A Cultural Contagion? – Yes

~ OB-WOP-AESSVFPA ~ Once Begun – War Often Persists – As Each Side Seeks Vengeance For Past Attacks

~ WCBAEII-PWPASB-F-S/L/C ~ War Can Become An End In Itself – Pursued Well Past Any Sensible Benefits – For – States / Leaders / Citizens

~ WA-IEI-HDI-NW-WTNOTCBAALOE ~ War’s Absurdity – Is Embodied In – Humanity’s Deadliest Invention – Nuclear Weapons – Which Threaten Not Only Their Creators But Also All Life On Earth

~ OAFMOO-I-G-W-F/T/V/N/R/R-STI-HT-‘O’ ~ Our Affection For Members Of Our – In-Group – Whether – Family / Troop / Village / Nation / Race / Religion – Sometimes Translates Into – Hostility Toward – “Others”

~ LOAHS-CETSD-B-UOCTTDTTDBTSBDBTL ~ Leaders Of A Hierarchical Society – Can Exploit Their Subject’s Docility – By – Urging Or Coercing Them To Do Things That Don’t Benefit The Subjects But Do Benefit The Leaders

~ HR-A-A-WSPI-‘U’A’T’-TWAPOOGAHDOOE-V-TWAN ~ How Readily – And – Arbitrarily – We Separate People Into – “Us” And “Them” – Those Who Are Part Of Our Group And Hence Deserving Of Our Empathy – Versus – Those Who Are Not

~ UW ~ Uninventing War

~ UTSOPCN ~ Under The Spell Of Pathological Cultural Norms

~ WHTWTEW-WNOTW ~ We Have The Ways To End War – We Need Only The Will

~ FMPATW-W-P-NJ-M-E-A-PP-BA-EP ~ For Many People Around The World – War – Provides – Not Just – Meaning – Excitement – And – Political Power – But Also – Enormous Profits

~ WDNTRWWA ~ We Don’t Need To Replace War With Anything

~ IWWPBE-WCHI-NMWKOSWLI ~ If We Want Peace Badly Enough – We Can Have It – No Matter What Kind Of Society We Live In

~ TINSWTP-B-PITWTSMOP ~ There Is No Single Way To Peace – But – Peace Is The Way To Solve Many Other Problems

~ IS-WDNTI-BN-I-FKTP-WNJTITOWH ~ In Short – We Don’t Need To Invent – Brand New – Institutions For Keeping The Peace – We Just Need To Improve The Ones We Have

~ TKTAPIASVW-I-RFAF ~ The Key To Achieving Peace In A Still Violent World – Is – Resisting Fear And Fatalism

~ EWAETTOWBNWTTWICW ~ Ending War And Even The Threat Of War Between Nations Will Transform The World In Countless Ways

JEAN TWENGE + KEITH CAMPBELL ~ THE NARCISSISM EPIDEMIC ~ 2010

~ N-INS-ACA-O-AHFOS-W ~ Narcissism – Is Not Simply – A Confident Attitude – Or – A Healthy Feeling Of Self-Worth

~ U-TNE-II-B-IL-TCADTS ~ Understanding – The Narcissism Epidemic – Is Important – Because – Its Long-Term Consequences Are Destructive To Society

~ AT-F-MFG-B-U-RAW ~ All This – Fantasy – Might Feel Good – But – Unfortunately – Reality Always Wins

~ TMWOAY ~ The Many Wonders Of Admiring Yourself

~ OCHBTDB-S-E-A-N-IA-E-S-D-W-ITRTC-S-W-OCMHOTDTSDAMS ~ Our Culture Has Blurred The Distinction Between – Self-Esteem – And – Narcissism – In An – Extreme – Self-Destructive – Way – In The Rush To Create Self-Worth – Our Culture May Have Opened The Door To Something Darker And More Sinister

~ NOUTP ~ Narcissists’ Overconfidence Undermines Their Performance

~ NRTLIS-L ~ Narcissists’ Rise To Leadership Is Short-Lived

~ S-P-SB-JOTIYT-NADFO-P ~ Self-Promotion – Should Be – Just One Tool In Your Toolbox – Not A Defining Feature Of – Personality

~ DB-UH-S-TBAL-TC ~ Destructive Behaviors – Usually Have – Short-Term Benefits And Long-Term Costs

~ NIA-‘T-DT’-ITYWSGOUFATHITE ~ Narcissism Is A – “Time-Delay Trap” – It Tempts You With Some Good Outcomes Up Front And Then Hurts You In The End

~ VASCEDOPA ~ Vanity And Self-Centeredness Eventually Drive Other People Away

~ AFOIATLO-F-L-A-C-IARFN ~ A Focus On Individual Achievement That Leaves Out – Feelings – Love – And – Caring – Is A Recipe For Narcissism

~ PTTRBTAR ~ People Tend To Repeat Behaviors That Are Rewarded

~ IMMAIMSL ~ I’m Much More Attractive In My Second Life

~ DBIAVWACBITRW?-IST ~ Does Behavior In A Virtual World Actually Change Behavior In The Real World? – It Seems To

~ ECATROTRP ~ Easy Credit And The Repeal Of The Reality Principle

~ Many Times – The Goals We Imagine Become Those We Actually Achieve – Though Usually After A Lot Of Hard Work

~ NIADTCOTS ~ Narcissism Is A Disease That Cause Others To Suffer

~ SINLC ~ Saving Is No Longer Cool

~ PHTD-B-NTP ~ People Hide Their Debt – But – Not Their Possessions

~ TOSON:COTHYAATO ~ The Other Side Of Narcissism: Complete Obliviousness To How You Actually Appear To Others

~ OOTDSO-TCEOPA-I-TIIED ~ One Of The Dark Sides Of – The Cultural Emphasis On Physical Appearance – Is – The Increase In Eating Disorders

~ IAT-EC-INTGPTPATTN ~ It’s Assumed That – Eye Candy – Is Necessary To Get People To Pay Attention To The News

~ IINNJABDTLLAPS ~ It Is Now Not Just Acceptable But Desirable To Look Like A Porn Star

~ NIAABAUPTCSAI-NLTTATH-SS ~ Narcissism Is All About Buying And Using Products That Confer Status And Importance – Narcissists Love To Talk About Their High-Status Stuff

~ ASSPMEAAV ~ Advertising Slogans Shamelessly Promote Materialistic Entitlement As A Virtue

~ WTEOOAAT ~ Warming The Earth One Overconsumption At A Time

~ U-MHRC-OOTLCITIOTE ~ Unfortunately – Materialism Has Real Consequences – One Of The Largest Consequences Is The Impact On The Environment

~ AANME-TAPOASTTCVTI ~ Advertisements Are Not Mere Entertainment – They Are Part Of A System That Transmits Cultural Values To Individuals

~ DTYKTTAS-TTTYLT ~ Don’t Tell Your Kids That They Are Special – Tell Them That You Love Them

~ M-RWN-F-ABS-A-ADF ~ Many – Relationships With Narcissists – Feature – A Big Start – And – A Disastrous Finish

~ ACOTNCPAHR ~ Any Criticism Of The Narcissist Can Provoke A Hostile Reaction

~ OCNTFOTSRTTS ~ Our Culture Needs To Focus On The Substance Rather Than The Sizzle

~ E-TPBTOD-ST-S-A-MMT-EIOOTKCON ~ Entitlement – The Pervasive Belief That One Deserves – Special Treatment – Success – And – More Material Things – Entitlement Is One Of The Key Components Of Narcissism

~ EPOCWHWAPSG ~ Entitled People Often Confuse Working Hard With Actually Producing Something Good

~ GITOOE ~ Gratitude Is The Opposite Of Entitlement

~ OC-OOTBWTGYKTEGITEIY ~ Of Course – One Of The Best Ways To Get Your Kids To Express Gratitude Is To Express It Yourself

~ NALLTFO-TSOTATAADAWTR ~ Narcissists Are Less Likely To Forgive Others – They See Others’ Transgressions Against Them As A Debt And Want Them Repaid

~ NIACTSR ~ Narcissism Is Absolutely Corrosive To Social Relationships

~ PCTW ~ Personal Change Takes Work

~ FOTYCEAC-ABAGRMY ~ Focus On Teaching Your Children Empathy And Compassion – And – Be A Good Role Model Yourself

ELIZABETH ANDERSON ~ PRIVATE GOVERNMENT ~ 2017

~ WATTOCIB-FM-A-SC-WMALTWLUUATTE:PG ~ We Are Told That Our Choice Is Between – Free Markets – And – State Control – When Most Adults Live Their Working Lives Under A Third Thing Entirely: Private Government

~ MMWAPG ~ Most Modern Workplaces Are Private Governments

~ YAST-PG-W:YASTAWCOYASYFNCOSDOYL-A-TATIANOYB-AAWROC-WOIIOWISY ~ You Are Subject To – Private Government – Wherever: You Are Subordinate To Authorities Who Can Order You Around And Sanction You For Not Complying Over Some Domain Of Your Life – And – The Authorities Treat It As None Of Your Business – Across A Wide Range Of Cases – What Orders It Issues Or Why It Sanctions You

~ WAISWU ~ Workplace Authoritarianism Is Still With Us

~ MWAHWANOCOTEA-A-WAWOOCSALTI ~ Most Workers Are Hired Without Any Negotiation Over The Content Of The Employer’s Authority – And – Without A Written Or Oral Contracts Specifying Any Limits To It

~ AG ~ Arbitrary Government

~ II-TS-TE-TDCOWG-WC-A-TRTTE-ETSRFTBL ~ It Is – The State – That Establishes – The Default Constitution Of Workplace Governance – Workers Cede – All – Their Rights To Their Employers – Except Those Specifically Reserved For Them By Law

~ PGICOWTAUFDSTIOCWANCOITM ~ Private Governments Impose Controls On Workers That Are Unconstitutional For Democratic States To Impose On Citizens Who Are Not Convicts Or In The Military

~ MP-SN-LOI-A-SD-KMEFETFSOTA ~ Market Pressures – Social Norms – Lack Of Interest – And – Simple Decency – Keeps Most Employers From Exercising The Full Scope Of Their Authority

~ TAFGSFAAPTLAIKOTGUATOG:E;TROL;SCR;V ~ There Are Four General Strategies For Advancing And Protecting The Liberties And Interests Of The Governed Under Any Type Of Government: Exit; The Rule Of Law; Substantive Constitutional Rights; Voice

~ TINASF-RW-V-ITG-JBWGRAHOODNMTHOMBUTTG-O-TTGSNPARIMD-M ~ There Is No Adequate Substitute For – Recognizing Worker’s – Voice – In Their Government – Just Because Workplace Governance Requires A Hierarchy Of Offices Does Not Mean That Higher Officeholders Must Be Unaccountable To The Governed – Or – That The Governed Should Not Play Any Role In Managerial Decision-Making

~ WD-ITFO-W-OA-MF-HSAAIFME ~ Workplace Democracy – In The Form Of – Worker-Owned And -Managed Firms – Has Long Stood As An Ideal For Many Egalitarians

~ GIE-NJITFO-TS-B-EMPITW-Y-PDAMOPTPTTINS-IPTTCOWGISTOOVNBWAE-TITOFATPOPW ~ Government Is Everywhere – Not Just In The Form Of – The State – But – Even More Pervasively In The Workplace – Yet – Public Discourse And Much Of Political Theory Pretends That This Is Not So – It Pretends That The Constitution Of Workplace Government Is Somehow The Object Of Voluntary Negotiation Between Workers And Employers – This Is True Only For A Tiny Proportion Of Privileged Workers

~ S-TL-ESM-HITIGIN-IMBMA-PT-T-ATG-ATT-RTTI-A-OTTP ~ Since – The Levellers – Egalitarian Social Movements – Have Insisted That If Government Is Necessary – It Must Be Made A – Public Thing – To – All The Governed – Accountable To Them – Responsive To Their Interests – And – Open To Their Participation

~ EA-DOIT-NMHEARTA-INOG-IIABHN ~ Exercising Autonomy – Directing Oneself In Tasks – No Matter How Exacting And Relentless They Are – Is No Ordinary Good – It Is A Basic Human Need

~ TCTTSO-WWFL-HNRWO:WTCQAGE-OAGCAR-TCOOOTWLSTSDADT ~ Those Consigned To The Status Of – Wage Worker For Life – Have No Real Way Out: While They Can Quit Any Given Employer – Often At Great Cost And Risk – They Cannot Opt Out Of The Wage Labor System That Structurally Degrades And Demeans Them

~ A-TPOTROLITCTG-N-TG ~ And – The Point Of The Rule Of Law Is To Constrain The Governors – Not – The Governed

~ WT ~ Wage Theft

~ TSO-WT-STCTPGHAITTOILB ~ The Scale Of – Wage Theft – Supports The Claim That Private Government Has An Inherent Tendency To Overstep Its Legal Bounds

~ ANC-WFWFTTHCWTWTQ ~ Abolish Noncompete Clauses – Which Forbid Workers From Taking Their Human Capital With Them When They Quit

~ NOTSHSBWIP-IASAOP ~ None Of The Sexual Harassment Suffered By Workers Improves Productivity – It’s A Sheer Abuse Of Power

~ LWSFTITCOASOWGIWTHAV-WNSKOIVATTETTIAH-TTAR-A-TTHSSOAIWD ~ Let Workers Speak For Themselves In The Context Of A System Of Workplace Governance In Which They Have A Voice – Workers Need Some Kind Of Institutionalized Voice At Work To Ensure That Their Interest Are Heard – That They Are Respected – And – That They Have Some Share Of Autonomy In Workplace Decisions

MATT TAIBBI ~ HATE INC. ~ 2019

~ TW-T-N-N ~ This Was – Theater – Not – News

~ TTUTMNBISAWATAT-SP-F-ICCTRYP-EO-A-AAOYCH-SITY ~ The Technology Underpinning The Modern News Business Is Sophisticated And Works According To A Two-Step Process – First – It Creates Content That Reinforces Your Pre-Existing Opinions – And – After Analysis Of Your Consumer Habits – Sends It To You

~ PNTS-UTN-AS-‘TN’-B-A-AICE-ICMOMCWBTTSIOOD ~ People Need To Start – Understanding The News – Not As – “The News” – But – As – An Individualized Consumer Experience – It Creates Masses Of Media Consumers Who’ve Been Trained To See In Only One Direction

~ AITO-TIAUIKUD-AA-TMSWA-TMPIWB ~ As It Turns Out – There Is A Utility In Keeping Us Divided – As A People – The More Separate We Are – The More Politically Impotent We Become

~ OSC-WTTCTNTWSFD-WRFOT-A-HATR ~ Once Safely Captured – We’re Trained To Consume The News The Way Sports Fans Do – We Root For Our Team – And – Hate All The Rest

~ H-ITPO-I-A-M-HB-EISB ~ Hatred – Is The Partner Of – Ignorance – And – Media – Have Become – Expert In Selling Both

~ IH-TO-L-MDT-FCOIA-DOAOTK-A-FSLP-MFD-TPRD ~ Intramural Hatreds – To Obscure – Larger – More Damning Truths – Fake Controversies Of Increasing Absurdity – Deployed Over And Over To Keep – Audiences – From Seeing Larger Problems – Manufactured Fake Dissent – To Prevent Real Dissent

~ N-TPPTNMS-I-D-B-TEMPTMIC-TBTJHISEF-IHVLM ~ Now – The Primary Product The News Media Sells – Is – Division – But – The Easiest Media Product To Make Is Called – This Bad Thing Just Happened Is Someone Else’s Fault – It Has Virtually Limitless Market

~ TMM-TATCNIACW-A-PP-ATC-TBA-SOA-ET-Y-OAP-O-TOY-P-TV-O-CR-WT-M-‘N’-WSIAO ~ To Make Money – Train Audiences To Consume News In A Certain Way – Anxious – Pre-Pissed – Addicted To Conflict – To Bring A – Series Of Assumptions – Every Time – You – Open A Paper – Or – Turn On Your – Phone – TV – Or – Car Radio – Without Them – Most – “News” – Will Seem Illogical And Offensive

~ DASBTPPWATDITBBOTV? ~ Does Anyone Seriously Believe That Powerful People Would Allow Truly Dangerous Ideas To Be Broadcast On Tv?

~ TMOOPAS-MOOPDAROP-M-AVUOSIII ~ Though Most Of Our Problems Are Systemic – Most Of Our Public Debates Are Referendums On Personality – Meanwhile – A Vast Universe Of Systemic Issues Is Ignored

~ TNPID-BEA-L-L-C-NOWTS-B-TACTPAAP ~ There’s No Percentage In Doing – Big Exposes Against – Large – Litigious – Companies – Not Only Will They Sue – But – They Are Certain To Pull Ads As Punishment

~ WLES ~ We Like Easy Stories

~ TBNSTIAFAWTMRTHAT-EITTCHTTCTTP-MPA-S-B-A-B-A-MOU-BVONV-PTON-OALBOMD ~ The Best News Stories Take Issues And Find A Way To Make Readers Think Hard About Them – Especially Inviting Them To Consider How They Themselves Contribute To The Problem – Most Problems Are – Systemic – Bipartisan – And – Bureaucratic – And – Most Of Us – By Voting Or Not Voting – Paying Taxes Or Not – Own A Little Bit Of Most Disasters

~ BTE-2000-TV-HTTC-P-EATC-S-APPF-AGOVWHNCOPAAATMOSIC-YTEWOL-A-YFDOVA ~ By The Early – 2000s – TV – Had Learned To Cover – Politics – Exactly As They Covered – Sports – A Proven Profitable Format – A Generation Of Viewers Who Had No Conception Of Politics As An Activity That Might Or Should Involve Compromise – Your Team Either Won Or Lost – And – You Felt Devastated Or Vindicated Accordingly

~ T-EIEOO-EW ~ Today – Everyone Is Effectively An Op-Ed Writer

~ TAP-WNLES-E-DRAHOHO-‘S’-BOOTWWTOSITINNLSAAF-IAR ~ The Average Person – Will No Longer Even See – Ever – Derogatory Reporting About His Or Her Own – “Side” – Being Out Of Touch With What The Other Side Is Thinking Is Now No Longer Seen As A Fault – It’s A Requirement

~ MTCWTCOEUIJO ~ Making The Culture War The Center Of Everyone’s Universe Is Job One

~ TORITJMSU ~ The Other Route Is To Just Make Shit Up

~ RTNILS-TPCHAPNIOYH ~ Reading The News Is Like Smoking – This Product Can Have A Profound Negative Impact On Your Health

~ TN-IA-CP-PTTRT ~ The News – Is A – Consumer Product – Please Try To Remember This

~ TNTYA-RTT-AN-CAP-IT-FDOCM-TISOYPMABPOTCP ~ The Notion That You Are – Reading The Truth – And Not – Consuming A Product – Is The – First Deception Of Commercial Media – The Involuntary Surrender Of Your Personal Data May Also Be Part Of The Consumer Price

~ ATCAMMMTMYROW-TB-T-IGTKYGTTS ~ All The Commercial Actors Make More Money The More You Read Or Watch – The Business – Therefore – Is Geared Toward Keeping You Glued To The Screen

~ YDNTWTMN ~ You Don’t Need To Watch That Much News

~ STCOOP-A-MCGR-W-SAGMAMLFACOT-‘FD’-OTM-APP-TOCWBMAMAS-ITSMA-WCSYANB ~ Scare The Crap Out Of People – And – Media Companies Get Richer – While – State Agencies Get More And More License For Authoritarian Crackdowns On The – “Folk Devil” – Of The Moment – A Perfect Partnership – The Only Constant Will Be More And More Authoritarian Solutions – In The Social Media Age – We Can Scare You As Never Before

~ TP-TCHOC-TESOAPAE-TASASOSM-A-Z-ZBBTS ~ The Phoniness – The Constant Hyping Of Conflict – The Endless Stroking Of Audience Prejudices And Expectations – These All Started As Staples Of Sports Media – A – Zero-Sum Battle Between Two Sides

~ OA-S ~ Overrated Anchor-Schtick

~ C-DNJTB-LAS-B-IDFAPS-YMTSSITFFTUY-TTPONTHIALU-MBIR ~ Content – Designed Not Just To Be – Lurid And Sensational – But – Immediately Disquieting From A Psychological Standpoint – You’re Meant To See Something In The First Flash That Upsets You – To The Point Of Needing To Hang In At Least Until – Mental Balance Is Restored

~ ARBACWIDATTOIP ~ A Religion Becomes A Cult When It Doesn’t Allow The Testing Of Its Premises

~ NIWSP! ~ No Interacting With Suppressive Persons!

~ AATTB-O-L-A-TAASPVOTW ~ Audiences Are Trained To Be – Obedient – Loyal – And – To Accept A Simplified Partisan View Of The World

~ A-NC-CBAVFAPP-A-BABABT ~ A – News Channel – Can’t Be A Vehicle For – A – Political Party – And – Be Anything But – A – Bad Thing