JOHN MCMURTRY ~ THE LIFE ECONOMY MANIFESTO ~ VALUE WARS ~ 2002

~ PA-O-CACC-B-100%-RFPI-BL ~ Public Accountability – Of – Currency And Credit Creation – By – 100 Per Cent – Reserves For Private Interest-Bearing Loans

~ PAA-O-IF-LC-IR-A-TL-TSF-LCF ~ Public Authority’s Allocation – Of – Investment Funds – Loan Credits – Interest Rates – And – Taxation Levels – To Select For – Life Capital Formation

~ IRTE-O-COCCC ~ Internalisation Rather Than Externalisation – Of – Costs Of Corporate Commodity Cycles

~ NCI-A-W-B/I-B-I-T-MAATTEOE ~ Natural Capital Inventories – And – Well-Being/Ill-Being – Indexes – To – Measure And Achieve The True Efficiencies Of Economies

~ IOAICCH-T-PAOTNOEOSN ~ Institution Of An International Currency Clearing House – To – Prevent Attacks On The Means Of Exchange Of Sovereign Nations

~ ROATTAIRWAROSN ~ Repeal Of All Transnational Trade And Investment Rules Which Abolish Rights Of Sovereign Nations

~ BE-PS ~ Binding Environmental-Protection Standards

~ ICC-BAPSOIAC-T-CW-MLASSS-CCEP-ISOPCAB-MLOCT-MLOMS-A-ICL ~ International Corporate Charters – Binding All Parties Selling Or Investing Across Borders – To – Comply With – Minimum Labour And Social Security Standards – Commodity Cycle Environmental Protections – International Standards Of Public Communications Across Borders – Minimum Levels Of Corporate Taxation – Maximum Levels Of Market Share – And – International Criminal Law

~ ALANB-SBH-CR-IAW-ISOL-CSAD ~ All Loans Across National Borders – Secured By Hard-Currency Reserves – In Accordance With – International Standards Of Life-Capital Security And Development

THOMAS HOMER-DIXON ~ THE UPSIDE OF DOWN ~ 2006

~ W-STCMABD-AW-IITKWSTMAWD-PTFBFD-TIETOHA ~ When – Small Things Can Make A Big Difference – And When – It’s Impossible To Know Which Small Things Matter And Which Don’t – Predicting The Future Becomes Formidably Difficult – This Is Especially True Of Human Affairs

~ TBO-CS-H-S/E/P-IOES-T-S-T-F-A-TWOL-AT-S-T/E/P/E-D ~ The Behavior Of – Complex Systems – Human – Social / Economic / Political – Is Often Extremely Sensitive – To – Serendipity – To – Fad – And – The Whims Of Leadership – And To – Sudden – Technological / Economic / Political / Environmental – Developments

~ WCKE-WOH-A-CS-TCAOL-WCA-CT-A-FTANMOB ~ We Can’t Know Exactly – When Or How – Any – Complex System – That Crucially Affects Our Lives – Will Cross A – Critical Threshold – And – Flip To A New Mode Of Behavior

~TWEHN-PB ~ The World Economy Has No – Plan B

~ ‘ST’-ADIOPOAEOSCD-AOU-ISIOP-LTCOEOSC ~ “Stress Triggering” – A Disturbance In One Part Of An Economy Or Society Can Dramatically – And Often Unexpectedly – Increase Stress In Other Parts – Leading To Cascades Of Economic Or Social Change

~ IPC-ASAPMAACALPOT-L/W/F-WMPHATVL-TWE-HLII-ROPTL-STLB-EDATSROC ~ In Poor Countries – A Small And Powerful Minority Almost Always Controls A Large Portion Of The – Land / Water / Forests – While Most People Have Access To Very Little – The Wealthy Elites – Have Little Interest In – Replanting Or Protecting The Land – So They Leave Behind – Ecological Devastation And The Shattered Remnants Of Communities

~ LNO-RPP-W-CGT-C/W/FW-TN-BTRADOBECT-MTTSNEMCIPC ~ Large Numbers Of – Rural Poor People – Who – Can’t Get The – Cropland / Water / Fuel Wood – They Need – Because These Resources Are Degraded Or Because Elites Control Them – Move To The Slums Now Engulfing Most Cities In Poor Countries

~ WNSLIONASPWOTTWBA-PF ~ We’re Now So Large In Our Numbers And So Powerful With Our Technologies That We’ve Become A – Planetary Force

~ ALFAW-WCGGWFO-B-DDNC ~ At Least For A While – We Can Generate Great Wealth For Ourselves – By – Drawing Down Nature’s Capital

~ P-B/W/F/B-STBISD ~ Pollinators – Bees / Wasps / Flies / Butterflies – Seem To Be In Steep Decline

~ MOO-EE-RHQATPEW-BISTS-A-BTGBTTATSTT-S-I/G/D-TCTOAAEFSVACOMITRUSOOS ~ Members Of Our – Economic Elite – Rarely Have Qualms About The Prevailing Economic Worldview – Because It Sustains Their Status – And – Because They Generally Believe That They’ve Achieved That Status Through Their – Superior – Intelligence / Guts / Drive – The Conviction That One’s Advantages Are Entirely Fair Seems Virtually A Condition Of Membership In The Rarefied Upper Strata Of Our Societies

~ TS-LAP-IONAMDW-H-WNTOOMTTPOFCIOL ~ To Survive – Let Alone Prosper – In Our New And More Dangerous World – However – We Need To Open Our Minds To The Possibility Of Fundamental Change In Our Lives

~ SORTTPBITC ~ Societies Often Respond To Their Problems By Increasing Their Complexity

~ WAFEECE-WMAAHATITAFTE ~ When A Favorite Explanation Encounters Contradictory Evidence – We Make An Ad Hoc Adjustment To It To Account For This Evidence

~ WO-IEME-TM-APOTWTAVWR ~ We Often – Invest Enormous Mental Energy – To Maintain – A Perspective On The World That’s At Variance With Reality

~ OCSODATSOOS-AAABPSITBFTSQ-KUFRSWHORCOPOWMF ~ Our Chronic State Of Denial About The Seriousness Of Our Situation – Aided And Abetted By Powerful Special Interests That Benefit From The Status Quo – Keeps Us From Really Seeing What’s Happening Or Really Considering Other Paths Our World Might Follow

~ EEIETSR ~ Exuberant Experimentation – Is Essential To – Social Resilience

~ ALASMCIITPIAS-B-IMCBRAPATPE ~ A Large And Successful Middle Class Is Important To Peace In Any Society – Because – It Moderates Conflict Between Rich And Poor And Tempers Political Extremism

~ WO-I/H/S-TT-WSHD-O-NE-EM-PI-A-OCAGA-ID? ~ Will Our – Incaution / Hubris / Stupidity – Transform Things – We Should Hold Dear – Our – Natural Environment – Engineering Marvels – Political Institutions – And – Our Culture And Great Art – Into Dust?

~ OCITPTSQ-BR-TAT-TI-A-SFTB-AWOCC ~ Our Challenge Isn’t To Preserve The Status Quo – But Rather – To Adapt To – Thrive In – And – Shape For The Better – A World Of Constant Change

~ IEEITW-TPOH-BE-FTI-EATFOGWL-TC-T-O-CAG ~ In Every Economy In The World – The Price Of Hydrocarbon-Based Energy – Fails To Incorporate – Even A Tiny Fraction Of Global Warning’s Long-Term Cost – To – Our Children And Grandchildren

~ WNTBCW-CC-RS-AE-B-B-TANIFOOW-A-WMCAAWVOF ~ We Need To Be Comfortable With – Constant Change – Radical Surprise – And Even – Breakdown – Because – These Are Now Inevitable Features Of Our World – And – We Must Constantly Anticipate A Wide Variety Of Futures

~ WNTEOISTWCCTUACTI ~ We Need To Exercise Our Imaginations So That We Can Challenge The Unchallengeable And Conceive The Inconceivable

~ I-AIUADW-WSSGU-EEAP-IOTG-R ~ In – An Increasingly Uncertain And Dangerous World – We Should Sometimes Give Up – Extra Efficiency And Productivity – In Order To Gain – Resilience

~ WCKEW-B-WLL-A-WDKWIWH-B-WCSSFONHWR ~ We Can’t Know Exactly What – Breakdown – Will Look Like – And – We Don’t Know When It Will Happen – But – We Can Still Start Figuring Out Now How We’ll Respond

~ PWAEFAHDIAKOPSWE ~ People Who Aren’t Extremists Face A Huge Disadvantage In Any Kind Of Political Struggle With Extremists

~ ARO-GP-ANR-TO-T-PP-FWCO-V/I/P-SB-SU-A-BW-DMI ~ At Root Our – Global Problems – Are Not Really – Technical Ones – They’re – Political Problems – Fraught With Conflicts Over – Values / Interests / Power – Surrounded By – Scientific Uncertainty – And – Burdened With – Deep Moral Implications

CHARLES WRIGHT MILLS ~ THE POWER ELITE ~ 1956

~ TPE-AIP-TMDHMC ~ The Power Elite – Are In Positions – To Make Decision Having Major Consequences

~ TE-OAGSOSPUIAB-HBDB-TOTHGC-AAPI-WT-HTKTED ~ The Economy – Once A Great Scatter Of Small Productive Units In Autonomous Balance – Has Become Dominated By – Two Or Three Hundred Giant Corporations – Administratively And Politically Interrelated – Which Together – Hold The Keys To Economic Decisions

~ TPO-O-D-HBA-C-E-E-WHTUIIMPPS-A-NEIEAECOTSS ~ The Political Order – Once – Decentralized – Has Become A – Centralized – Executive – Establishment – Which Has Taken Up Into Itself Many Powers Previously Scattered – And – Now Enters Into Each And Every Crany Of The Social Structure

~ TINL-OTOH-AE-A-OTOH-APOCAME-TIA-PE-L-IATW-W-MIAD-A-PWE-B-A-PIE-IAPV ~ There Is No Longer – On The One Hand – An Economy – And – On The Other Hand – A Political Order Containing A Military Establishment – There Is A – Political Economy – Linked – In A Thousand Ways – With – Military Institutions And Decisions – A – Permanent War Establishment – By – A – Privately Incorporated Economy – Inside A Political Vacuum

~ T-TFOPAEEADC-MT-TDOSGANMC ~ That – The Facilities Of Power Are Enormously Enlarged And Decisively Centralized – Means That – The Decisions Of Small Groups Are Now More Consequential

~ T-PC-ITCRO-TSSO-ASTMAFOC ~ The – Professional Celebrity – Is The Crowning Result Of – The Star System Of – A Society That Makes A Fetish Of Competition

~ VITFSOPATFROTWWCI ~ Violence Is The Final Support Of Power And The Final Resort Of Those Who Would Contest It

~ AECAPWP;ICRPWR ~ An Elite Cannot Acquire Prestige Without Power; It Cannot Retain Prestige Without Reputation

~ ATW-TUWCBD-A-TAHKC ~ Along The Way – The Unstraightforward Ways Can Be Delegated – And – The Appropriator’s Hands Kept Clean

~ WNOTTPI-B-TAT-MNOFG-‘GW’ ~ Wealth Not Only Tends To Perpetuate Itself – But – Tends Also To – Monopolize New Opportunities For Getting “Great Wealth”

~ TAOAATVT-PTVCOPATVB-FTCOAIPRAWAOO:JATLOLCASPPALOIAALOS-C ~ The Accumulation Of Advantages At The Very Top – Parallels The Vicious Cycle Of Poverty At The Very Bottom – For The Cycle Of Advantages Includes Psychological Readiness As Well As Objective Opportunities: Just As The Limitations Of Lower Class And Status Position Produce A Lack Of Interest And A Lack Of Self-Confidence

~ TCF TOCOCGWODTTAOOATFBITOOTDS-EALOASOF-A-C-P-F-CTNOTWTS ~ The Confident Feeling That One Can Of Course Get What One Desires Tends To Arise Out Of And To Feed Back Into The Objective Opportunities To Do So – Energetic Aspiration Lives Off A Series Of Successes – And – Continual – Petty – Failure – Cuts The Nerve Of The Will To Succeed

~ TWHRI-TVR-HB-EPAMOIC-WHBIP-PTTAFPU-OOTAOA ~ Those Who Have Risen Into – The Very Rich – Have Been – Economic Politicians And Members Of Important Cliques – Who Have Been In Positions – Permitting Them To Appropriate For Personal Uses – Out Of The Accumulation Of Advantages

~ T-BT-O-F-OWOA-AIOTMDTAR-ITTNBN-EX-A-CNTIP ~ The – Big Three – Or – Four – One Way Or Another – Are In On The Major Decisions That Are Rendered – In This There Need Be No – Explicit Conspiracy – And – Certainly None That Is Provable

~ TGAIOTC-A-ENOID-A-SAOTCOI-TUOOAP ~ The Growth And Interconnections Of The Corporations – An – Elaborate Network Of Interlocking Directorships – A – Sociological Anchor Of The Community Of Interest – The Unification Of Outlook And Policy

~ THI-TGWOOVATOOI-HNIAPC-OTC-THBMOACIAASHO ~ The Higher Immorality – The General Weakening Of Older Values And The Organization Of Irresponsibility – Have Not Involved Any Public Crises – On The Contrary – They Have Been Matters Of A Creeping Indifference And A Silent Hollowing Out

~ AMD-IIS-CAMOS ~ A Million Dollars – It Is Said – Covers A Multitude Of Sins

~ IASIWTM-MHHNSRFRAH-TW-‘P’-CTM-UFPG-A-‘CS’-TSTGAF ~ In A Society In Which The Money-Maker Has Had No Serious Rival For Repute And Honor – The Word – “Practical” – Comes To Mean – Useful For Private Gain – And – “Common Sense” – The Sense To Get Ahead Financially

~ IITPCOTHC-TTMAE-S-M-TITS-IATW-PM-PPOTIBOA ~ It Is The Proud Claim Of The Higher Circles – That Their Members Are Entirely – Self-Made – That Is Their Self-Image And Their Well-Publicized Myth – Popular Proof Of This Is Based On Anecdotes

~ KINLWFAAI-IISAAI-IA-SOPAW-KIVA-AIOPAW-AA-OC-A-AOIC ~ Knowledge Is No Longer Widely Felt As An Ideal – It Is Seen As An Instrument – In A – Society Of Power And Wealth – Knowledge Is Valued As – An Instrument Of Power And Wealth – And Also – Of Course – As – An Ornament In Conversation

~ MAM-TAO-TOS-E-AWATAO-TSLIOTWMDIP-WTP-NBCOE-INTK ~ More And More – The Area Of – The Official Secret – Expands – As Well As The Area Of – The Secret Listening In On Those Who Might Divulge In Public – What The Public – Not Being Composed Of Experts – Is Not To Know

~ TESODC-TPATUOAW-HBM-WAGPD-A-TFNTEITDIHBO-H/D/ELA ~ The Entire Sequence Of Decisions Concerning – The Production And The Use Of Atomic Weaponry – Has Been Made – Without Any Genuine Public Debate – And – The Facts Needed To Engage In That Debate Intelligently Have Been Officially – Hidden / Distorted / Even Lied About

~ PC-‘OS’ ~ Politically Convenient – “Official Secrets”

~ PC-F-TWMPD-O-WWHUVTISD-MP-MAM-TOTQO-MAM-W-CPAA-HCTE ~ Public Communications – From – Those Who Make Powerful Decisions – Or – Who Would Have Us Vote Them Into Such Decision-Making Places – More And More – Take On Those Qualities Of – Mindlessness And Myth – Which – Commercial Propaganda And Advertising – Have Come To Exemplify

JAMES RINEHART ~ THE TYRANNY OF WORK ~ 2005 ~ 171

~ WAASP ~ Work As A Social Problem

~ WHABACHAAOTDHBFAOFOL ~ Work Has Always Been A Central Human Activity And One That Differentiates Human Beings From All Other Forms Of Life

~ T-EAOSALO-TOTWHOTJ-WPDDTHOPTTVCOTP ~ Today – Employed Adults Ordinarily Spend At Least One-Third Of Their Waking Hours On The Job – What People Do During These Hours Often Penetrates To The Very Core Of Their Personalities

~ WCOASO-AOM-ICBASO-POS-AATCSALPOTCHBSOINSOL ~ Work Can Offer A Sense Of – Accomplishment Or Meaninglessness – It Can Be A Source Of – Pride Or Shame – An Activity That Consumes Such A Large Portion Of Time Cannot Help But Spill Over Into Nonwork Spheres Of Life

~ RFTD-T-DOOTLF-GPF-O-WWBMDAI-T-ACO-MP ~ Responsibility For The Day-To-Day Operations Of The Large Firm – Gradually Passed From – Owners – Who Were Becoming More Distant And Imperious – To – A Cadre Of – Management Personnel

~ NFO-HR-OWINMCC-HRM(HRM)-CA-A-MC-‘D’-A-P-TLP-B-RAR-OIAP ~ New Forms Of – Human Relations – Or What Is Now More Commonly Called – Human Resources Management (HRM) – Constantly Appear – As – Management Consultants – “Discover” – And – Promote – The Latest Panaceas – By – Repackaging And Renaming – Old Ideas And Practices

~ OT-CA-C-WP-ETRSMOEASJ ~ Only Through – Collective Action – Can – Working People – Expect To Receive Some Measure Of Economic And Social Justice

ROBERT FRANK ~ THE ECONOMIC NATURALIST’S FIELD GUIDE ~ 2010

~ PTWOCT-SJMTACWTAV-B-TINSC-GTR-OBOITHAICA-WSWWFGTP-A-WSBTTPFT ~ Perhaps Those Who Oppose Compulsory Taxation – Should Just Move To A Country Where Taxes Are Voluntary – But – There Is No Such Country – Given That Reality – Our Best Option Is To Have An Intelligent Conversation About – What Services We Want For Government To Provide – And – Who Should Be Taxed To Pay For Them

~ C-RS-TN-PSAHM-ETTMSTTFTAMORITLR-ITSR-BRCTOAEY-MOTF ~ Citing – Revenue Shortfalls – The Nation – Postpones Street And Highway Maintenance – Even Though That Means Spending Two To Five Times As Much On Repairs In The Long Run – In The Short Run – Bad Roads Cause Thousands Of Accidents Each Year – Many Of Them Fatal

~ TNS-IM-WEUTETWIO-OBOTWIUAW ~ The Narrow Self-Interest Model – Which Encourages Us To Expect The Worst In Others – Often Brings Out The Worst In Us As Well

~ S-I-IAIHM-PETMIMMOTT-B-IINTOIM ~ Self-Interest – Is An Important Human Motive – Perhaps Even The Most Important Motive Much Of The Time – But – It Is Never The Only Important Motive

~ AC-WAGNBTCI-CE-CEHAT-TAR-RSTTTRM ~ Any Country – With A Government Not Beholden To Corporate Interests – Could Easily – Curb Environmentally Harmful Activities Through – Taxation And Regulation – Redirecting Spending Toward Things That Really Matter

~ WWM-I-WWD ~ What We Measure – Influences – What We Do

~ WDWN:BCOBS? ~ Which Do We Need: Bigger Cars Or Better Schools?

PEGGY MCCOLL ~ 21 DISTINCTIONS OF WEALTH ~ 2008

~ YAAR-YWBTW ~ You Are Already Rich – You Were Born That Way

~ Y-IYLC-YMU-T/W/Q/R/I-TASWAF ~ Yet – If You Look Carefully – You Might Unearth – Talents / Wisdom / Qualities / Resources / Ideas – That Are Secretly Worth A Fortune

~ TAMWTCTFOPSTIITLOOP ~ There Are Many Ways To Channel The Flow Of Plenitude So That It Rushes Into The Lives Of Other People

~ LGOYFT-T-I-‘E’ ~ Let Go Of Your Fears That – There – Isn’t – “Enough”

~ WYLGOE-YLGOI ~ When You Let Go Of Envy – You Let Go Of Ignorance

~ LTCA-IPITDTDE-A-AUTHIIO-T-F-A-A-STWCTTIMLO ~ Love Truly Conquers All – It Provides Illumination That Dispels The Dark Emotions – And – Allows Us To Have Insight Into Our – Thoughts – Feelings – And – Actions – So That We Can Transform Them Into More Loving Ones

~ TMJYA-TMYFTJSAPAAIYL ~ The More Joyful You Are – The More You’ll Find That Joyous Situations And People Are Appearing In Your Life

~ OTWTC-AFOG-IT-KA-GJ ~ One Terrific Way To Create – A Feeling Of Gratitude – Is To – Keep A – Gratitude Journal

~ PODTO-CAAE-B-TWII-IAFO-OOC-THYTSATPYOWYENEOI ~ People Often Don’t Think Of – Creativity As An Emotion – But – That’s What It Is – It’s A Feeling Of – Openness Or Curiosity – That Helps You To See All The Possibilities You Overlook When You’re Experiencing Negative Emotions Or Indifference

~ DINESTFOA ~ Dwelling In Negative Emotions Slows The Flow Of Abundance

~ NEDHSV-TSTWYUTHTABTYNTBCOSTYCDCTRTWPBAA ~ Negative Emotions Do Have Some Value – They Serve To Wake You Up To Harmful Thoughts And Behaviors That You Need To Be Conscious Of So That You Can Deliberately Choose To Replace Them With Positive Beliefs And Actions

~ IINTBAOOAOY-NE-TANPOLTCBAA-A-TCBVBWUATFDAH ~ It’s Important Not To Be Afraid Of Or Ashamed Of Your – Negative Emotions – They’re A Natural Part Of Life That Can’t Be Avoided Altogether – And – They Can Be Very Beneficial When Used As Tools For Discovery And Healing

~ YDTHABACMAFY ~ Your Desire To Help Another Become Abundant Creates More Abundance For You

~ TAMFOWAMWTSI ~ There Are Many Forms Of Wealth And Many Ways To Share It

~ SSAAPCBATPAOG ~ Simply Smiling At Another Person Can Be A Tremendously Powerful Act Of Giving

~ AFWYW ~ Ask For What You Want

~ ATWTLHTBMCOYR-ITS-KTOATMYS ~ A Terrific Way To Learn How To Be More Conscious Of Your Resources – Is To Start – Keeping Track Of All The Money You Spend

~ UIE-YHTAWYK ~ Understanding Isn’t Enough – You Have To Apply What You Know

JOHN GRANT ~ DENYING SCIENCE ~ 2011

~ UWT-WA ~ Unless We Think – We Aren’t

~ TPO-TTBOUT-ICTAFO-SD ~ This Pattern Of – Threatening The Bearers Of Unwelcome Truths – Is Common Throughout All Fields Of – Science Denialism

~ SPGPAVGDOMTDBS ~ Some People Get Paid A Very Great Deal Of Money To Deny Basic Science

~ AAGR-ITMO-MJ-SOTATMO-SWITRF-SA-BTS-U-SOTPSITOWA ~ As A General Rule – If The Mass Of – Mainstream Journalists – Says One Thing And The Mass Of – Scientists Working In The Relevant Field – Says Another – Believe The Scientists – Unfortunately – Swaths Of The Public See It The Other Way Round

~ OCEO-DR-I-TAHA-A-TTOFODAPTPTWS ~ Other Common Elements Of – Denialist Rhetoric – Include – The Ad Hominem Attack – And – The Trick Of Focusing On Details And Pretending They Present The Whole Story

~ OOTDBSAP-IT-SATRIDL ~ One Of The Differences Between Science And Pseudoscience – Is That – Science Accepts The Results It Doesn’t Like

~ IIAVUTIMDC-B-TFTSC-I-DAMIW ~ Intuition Is A Very Useful Tool In Many Different Circumstances – But – The Fact That Something’s Counter-Intuitional – Doesn’t Automatically Mean It’s Wrong

~ FMCI-TUB-TIP-O-TLS-IAT-SSITCWTI ~ Far More Concerning Is – The Use By – Those In Power – Of – The Legal System – In Attempts To – Silenced Scientific Information That Conflicts With Their Ideology

~ ISASAR-NMHV-NMHFDFTDEOTIRI-OANO-DRD-BTAP-RSC ~ It Seems A Single Anecdotal Report – No Matter How Vague – No Matter How Far Distanced From The Direct Experience Of The Individual Repeating It – Outweighs Any Number Of – Deeply Researched Double-Blind Trials And Peer-Reviewed Scientific Conclusions

~ DTPO-TPE-WRDUI ~ Despite The Power Of – The Placebo Effect – We Really Don’t Understand It

~ TNT-FASTEOL-DAEE-ICTSC ~ The Notion That – Finding A Single Tangential Error Or Lacuna – Demolishes An Entire Edifice – Is Common Throughout Science Denialism

RAJ PATEL ~ THE VALUE OF NOTHING ~ 2009

~ TPOSDMIVAA ~ The Price Of Something Doesn’t Measure Its Value At All

~ TMSKB-IARRAOF-AITAGDOIAPW ~ That Markets Should Know Best – Is A Relatively Recent Article Of Faith – And It Took A Great Deal Of Ideological And Political Work

~ TPW-TEMH-IT-IDW ~ The Problem With – The Efficient Markets Hypothesis – Is That – It Doesn’t Work

~ D-AEE-TS-IWF-TIOEMRRTG ~ Despite – Ample Economic Evidence – To Suggest – It Was False – The Idea Of Efficient Markets Ran Riot Through Governments

~ TRO-‘FM’-CA-TAAMAA ~ The Rhetoric Of – “Free Markets” – Camouflages Activities – That Aren’t About Markets At All

~ ACWDSBWT-TSBWSATG-IAI ~ Anyone Concerned With Democracy Should Be Worried That – The Seam Between Wall Street And The Government – Is Almost Invisible

~ THOS-SNOTTSOTAIMCC-BA-TDEWBIMCBR-IOW-TINNABASTFPAAMTDTV ~ The History Of Slavery – Shows Not Only That The Set Of Things Allowed Into Markets Can Change – But Also – That Decrees Establishing What Belong In Markets Can Be Revoked – In Other Words – There Is Nothing Natural About Buying And Selling Things For Profit And Allowing Markets To Determine Their Value

~ BCCBBAS-THTB-OTPTCBBOS-MOTTTWBASWACITWWUTT ~ Before Commodities Can Be Bought And Sold – They Have To Become Objects That People Think Can Be Bought Or Sold – Most Of The Things That We Buy And Sell Weren’t Always Commodities In The Way We Understand Them Today

~ TMHADOS-TLOLFANASB ~ The Market Has Always Depended On Society – The Logic Of Laissez-Faire Always Needs A Social Base

~ HC-DO-EE-ETWLEITD ~ Human Civilization – Depends On – Earth’s Ecology – Even Though We’re Literally Exploiting It To Death

~ T-PQFEG-HT-H-I-AAOE-T-TSUOTESTKOEA ~ The – Perpetual Quest For Economic Growth – Has Turned – Humankind – Into – An Agent Of Extinction – Through – The Systematic Undervaluing Of The Ecosystemic Services That Keep Our Earth Alive

~ CEG-H-UIFTW-AHB-I-W-IHB-ABG ~ Current Economic Growth – Has – Uncoupled Itself From The World – And – Has Become – Irrelevant – Worse – It Has Become – A Blind Guide

~ STWTMHGUIT ~ Seeing The World Through Markets Has Got Us In Trouble

~ SFHBAM-C-C-BUTTDCBUADOPC ~ Seeing Fellow Human Beings As Mere – Co-Consumers – Blinds Us To The Deeper Connections Between Us – And – Distorts Our Political Choices

~ IIPITTTTBWFSTFITLMSP-AT-TBWFMTFIWMI ~ It Is Pure Ideology To Think That The Best Way For Society To Function Is To Let Markets Seek Profit – And That – The Best Way For Markets To Function Is With Minimal Interference

~ TTOWMOASBTP-OTITHLTH ~ The Terms On Which Markets Operate Are Set By The Powerful – Our Tragedy Is To Have Let This Happen

~ TBOTFMRAGDOV-PFB ~ The Birth Of The Free Market Required A Great Deal Of Violence – People Fought Back

~ GIACOHE ~ Gratitude Isn’t A Characteristic Of Homo Economicus

~ ‘IA’ ~ “Inequity Aversion”

~ PWBIASFBGAH ~ Psychological Well-Being – Is A Source For Both – Generosity And Happiness

~ T-OB-FNASTPE-IWPT-‘F’-I-FM ~ This – Ongoing Bailout – From Nature And Society To Private Enterprise – Is What Puts The – “Free” – In – Free Market

~ ‘E’-TC-TSSTTNO-P ~ “Externalities” – The Costs – That Somehow Slip Through The Net Of – Prices

~ AF-T-REC-IA-TB-B-WDNKETL-TECOWTCMBTFG-O-TI-CSOAMS-A-TNFMCTLLTAS ~ Accounting For – The – Real Environmental Costs – Is A – Tricky Business – Because – We Do Not Know Either The Long-Term Environmental Consequences Or What The Cost Might Be To Future Generations – Otherwise – This Is – Corporate Subsidy On A Massive Scale – And – There’s Nothing Free Marketers Claim To Like Less Than A Subsidy

~ CC-HYTPTICOWTKOS ~ Corporate Capitalism – Has Yet To Prove That It Can Operate Without These Kinds Of Subsidies

~ TR-W-RMTMB:IALPO:C-R/F/C/H/E/S/D-A-TCOT-A-P-TMFM-W-TMTO-WWITH ~ To Reproduce – Workers – Requires More Than Making Babies: It’s A Long Process Of: Child-Rearing / Feeding / Clothing / Housing / Educating / Socializing / Disciplining – And – The Costs Of This – Are – Perhaps – The Most Fundamental Misvaluation – Worldwide – The Market’s Treatment Of – Women’s Work In The Home

~ TTIOTWSDGTWOINA ~ That The Interests Of The Wealthy Should Dominate Governments The World Over Is No Accident

~ WDTP ~ We’re Destroying The Planet

~ GAC-AS-E-F-F-A-AL-B-A-T-IP-OTL-AIO-MIFTCG-O-B-TIPSDC ~ Governments And Corporations – Are Still – Enclosing – Forests – Fisheries – And – Agricultural Land – Because – Allegedly – The – Indigenous People – On The Land – Are Incapable Of – Managing It For The Common Good – Or – Because – The Indigenous People Simply Don’t Count

~ CSABSITTFC-TBD ~ Commons Systems Aren’t Being Supported In The Twenty-First Century – They’re Being Dismantled

~ T-WLFP-ADT-TA-TCTBWF ~ The – World’s Least Free People – Are Discovering That – They Are – The Change They’ve Been Waiting For

~ U-C-M-I-TRTHR ~ Under – Capitalism – Money– Is – The Right To Have Rights

~ TEOP ~ The Empire Of Prices

~ TMDFCTTWCAT ~ The Market Delivers Few Choices To Those Who Cannot Afford Them

~ ATO-TAWO-GR-ISB-A-CA-RT-A-PO ~ All Too Often – The Abundant Will Of – Government Representatives – Is Shaped By – A – Corporate Agenda – Rather Than – A – Popular One

~ EIAC-B-INSWGTMT ~ Economics Is About Choices – But – It’s Never Said Who Gets To Make Them

~ OA ~ Owning Air

~ C-N-RAR-A-TOTHMEAOTTMOPHHAHID ~ Commons – Need – Rules And Regulations – And – The Ones That Have Most Effect Are Ones That The Majority Of People Have Had A Hand In Devising

~ TM-EWN-A-SAN-CAS-PBTI ~ The Market – Exists Within Nature – And – Society And Nature – Can And Should – Provide Boundaries To It

~ WBTTE-NTOWA ~ We Belong To The Earth – Not The Other Way Around

LI PARISER ~ THE FILTER BUBBLE ~ 2011

~ D-RCTSTFOAPOV-B-I-WMAMEI-OOB ~ Democracy – Requires Citizens To See Things From One Another’s Point Of View – But – Instead – We’re More And More Enclosed In – Our Own Bubbles

~ T-NI-DJKYAD;IKYBAWTSYABOPK ~ The – New Internet – Doesn’t Just Know You’re A Dog; It Knows Your Breed And Wants To Sell You A Bowl Of Premium Kibble

~ I-P-ITA-ICPUFCICW-T-M-B-P-S-E-A-I-TCHWTATWAO ~ If – Personalization – Is Too Acute – It Could Prevent Us From Coming Into Contact With – The – Mind-Blowing – Preconception-Shattering – Experiences – And – Ideas – That Change How We Think About The World And Ourselves

~ T-U-I-T-C ~ The – User – Is – The – Content

~ WHATTB-T-TWIAIATB ~ We Have A Tendency To Believe – That – The World Is As It Appears To Be

~ LAL-T-FB-ITTWWE-BC-WWSADS ~ Like A Lens – The – Filter Bubble – Invisibly Transforms The World We Experience – By Controlling – What We See And Don’t See

~ IWWTKWTWRLL-WHTUHFSASOVOI ~ If We Want To Know What The World Really Looks Like – We Have To Understand How Filters Shape And Skew Our View Of It

~ PF-CU-CB-B-SOEIAANO-F-TFB-SUWIWWWAF(AAA)-MUOIOMF-S-IRFOESOTKPTMUWTL ~ Personalized Filters – Can Upset – Cognitive Balance – Between – Strengthening Our Existing Ideas And Acquiring New Ones – First – The Filter Bubble – Surrounds Us With Ideas With Which We’re Already Familiar (And Already Agree) – Making Us Overconfident In Our Mental Frameworks – Second – It Removes From Our Environment Some Of The Key Prompts That Make Us Want To Learn

~ E-HALIITTTDTETW-A-AAFYOWOT-TTTSTE ~ Experts – Have A Lot Invested In The Theories They’ve Developed To Explain The World – And – After A Few Years Of Working On Them – They Tend To See Them Everywhere

~ TFB-TT-DA-CB-CITCTOIOTWIEAP;CITCUTTINWOQOAIFAD ~ The Filter Bubble – Tends To – Dramatically Amplify – Confirmation Bias – Consuming Information That Conforms To Our Ideas Of The World Is Easy And Pleasurable; Consuming Information That Challenges Us To Think In New Ways Or Question Our Assumptions Is Frustrating And Difficult

~ ITB-TPOCTVWYKGWU ~ In The Bubble – The Proportion Of Content That Validates What You Know Goes Way Up

~ SOTMICB-ASB-TIOTERITFADTRO ~ Some Of The Most Important Creative Breakthroughs – Are Spurred By – The Introduction Of The Entirely Random Ideas That Filters Are Designed To Rule Out

~ ITFB-TLD-YDSTTTDIYAA-YNELATTAMEAIYM ~ In The Filter Bubble – Things Look Different – You Don’t See The Things That Don’t Interest You At All – You’re Not Even Latently Aware That There Are Major Events And Ideas You’re Missing

~ ABTOY ~ A Bad Theory of You

~ HWB-IABAB-OFAPS ~ How We Behave – Is A Balancing Act Between – Our Future And Present Selves

~ WIAWF-WAWWC ~ With Information As With Food – We Are What We Consume

~ TIAYL ~ Trapped In A You Loop

~ SWHWTITYD? ~ So What Happens When The Internet Thinks Your Dumb?

~ RT-DP-AIEPP-ISW-TI-I-CI ~ Rather Than – Decentralizing Power – As Its Early Proponents Predicted – In Some Ways – The Internet – Is – Concentrating It

~ LOTC ~ Lords Of The Cloud

~ PD-S-ITC-I-MEFTGTS-T-IOAHC ~ Personal Data – Stored – In The Cloud – Is – Much Easier For The Government To Search – Than – Information On A Home Computer

~ I-KIP-T-AIKAAIP ~ If – Knowledge Is Power – Then – Asymmetries In Knowledge Are Asymmetries In Power

~ FWS-TFBWOBOTTIOSTAIBCOU ~ Friendly World Syndrome – The Filter Bubble Will Often Block Out The Things In Our Society That Are Important But Complex Or Unpleasant

~ IIBTH-SBFT-TNAA ~ It Is Better To Have – Some Bar For Truthfulness – Than None At All

~ WWCLSOOSP-TDLSOU ~ While We Can Lose Sight Of Our Shared Problems – They Don’t Lose Sight Of Us

~ U-DW-OI-WCACOTBONS-I ~ Ultimately – Democracy Works – Only If – We Citizens Are Capable Of Thinking Beyond Our Narrow Self-Interest

~ ‘CIL’ ~ “Code Is Law”

~ MOTT-E-RTITTWH-MOPC-AA ~ Much Of The Time – Engineers – Resist The Idea That Their Work Has – Moral Or Political Consequences – At All

~ $50BSC ~ $50 Billion Sand Castle

~ I-P-ROI-CT-TNFCB-SAMP-TMOUWI ~ If – Personalization – Remains On Its – Current Trajectory – The Near Future Could Be – Stranger And More Problematic – Than Many Of Us Would Imagine

~ A-A-VB-WA-CP ~ Advertar – A – Virtual Being – With A – Commercial Purpose

~ NSTA-AFVL ~ No Such Thing As – A Free Virtual Lunch

~ ‘AFM’ ~ “Advertiser-Funded Media”

~ A-T-GBABADOA-WNTWC-WIIDOAT ~ As – Technology – Gets Better And Better At Directing Our Attention – We Need To Watch Closely – What It Is Directing Our Attention Toward

~ SIASTJ ~ Serendipity Is A Shortcut To Joy

~ TNF-CSB-MT-FS-M-T-TTP-STIPTHADAHTETRITFP ~ The New Filterers – Can Start By – Making Their – Filtering Systems – More – Transparent – To The Public – So That It’s Possible To Have A Discussion About How They’re Exercising Their Responsibilities In The First Place

~ YSKWHYPD-WDTH-A-HIU ~ You Should Know Who Has Your Personal Data – What Data They Have – And – How It’s Used

~ YSBATPICAYFOPFBUFO ~ You Should Be Able To Prevent Information Collected About You For One Purpose From Being Used For Others

~ YSBATCIIAY ~ You Should Be Able To Correct Inaccurate Information About You

~ YDSBS ~ Your Data Should Be Secure

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