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Evil Geniuses: How the Rich Took Control of America (and Canada)

Evil Geniuses: How the Rich Took Control of America (and Canada)

Kurt Andersen looks at the not-so-secret conspiracy by the rich, right and big business.

They may have sentenced Leonard Cohen to 20 years of boredom for trying to change the system from within, but a whole generation of American conservatives were richly rewarded for doing just that.

As Kurt Andersen says in summarizing his own book, “Evil Geniuses chronicles the quite deliberate re-engineering of our economy and society since the 1960s by a highly rational confederacy of the rich, the right and big business.”

Canada, Britain and many other countries were pulled along in the Americans’ wake, though without quite the same awful results. Canada may be able to recover, but it will not be easy.

Andersen admits the re-engineering of America sounds like a great conspiracy theory. But he documents the efforts to transform the country meticulously and credibly.

That’s possible in part because the conspirators made no attempt to conceal themselves; on the contrary, the arch-conspirator was a famous corporate lawyer, Lewis Powell, who authored the memorandum that sparked the movement in 1971 and was soon after appointed to the U.S. Supreme Court. Taking the 1960s radicals more seriously than he should have, Powell argued for long-term changes that would further enrich the wealthy at the expense of workers and the middle class.

The memorandum was probably the single most influential American document since George F. Kennan’s “long telegram” of 1946, which set the terms of the Cold War that followed. Corporate leaders fell in behind Powell, and began to pour millions into think tanks, foundations and law schools — not to mention journalism scholarships to develop a new generation of right-wing pundits.

…click on the above link to read the rest of the article…

When Economic Depression Follows Pandemic, No Time to Waste

When Economic Depression Follows Pandemic, No Time to Waste

What the Bank of Canada and IMF see coming will demand bold stimulus.

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On Vancouver’s Robson Street, the Club Monaco outlet is boarded up to prevent looting. Photo by Joshua Berson.

It is still sinking in that the end of the pandemic will not be the end of our troubles. On the contrary — we will likely see the end of the pandemic overlap with a full-scale economic depression, with COVID-19 waiting to make recurrent comebacks. Amid a global economic collapse, Canada will have to postpone hopes of recovery; for the foreseeable future, we will be in damage-control mode.

The IMF’s best-case scenario assumes that the pandemic “fades” in the second half of 2020, and “containment efforts can be gradually unwound,” permitting some economic rebuilding. Even so, “the global economy is projected to contract sharply by -3 per cent in 2020, much worse than during the 2008-09 financial crisis.” 

Strikingly, the IMF implicitly endorses a program that is socialist in all but name:

“The immediate priority is to contain the fallout from the COVID-19 outbreak, especially by increasing health-care expenditures to strengthen the capacity and resources of the health-care sector while adopting measures that reduce contagion. Economic policies will also need to cushion the impact of the decline in activity on people, firms and the financial systems reduce persistent scarring effects from the unavoidable severe slowdown; and ensure that the economic recovery can begin quickly once the pandemic fades.”

The IMF approves such policies in many of the advanced countries as well as in China, Indonesia and South Africa. It argues that “Broad-based fiscal stimulus can preempt a steeper decline in confidence, lift aggregate demand, and avert an even deeper downturn. But it would most likely be more effective once the outbreak fades and people are able to move about freely.”

The best-case scenario?

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Coronavirus: An Economic Pandemic?

Coronavirus: An Economic Pandemic?

How COVID-19 could alter Canada’s oil and gas industry, tourism, education, and public health.

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Lonely prospects for Vancouver’s tourist economy, and the foreign student-dependent education sector too, tied to coronavirus spread. Photo by David Beers.

Also in Canada, and many other countries around the world, the epidemic is a threat to the livelihood of millions: the people who mine the raw materials China buys, the corporations that depend on Chinese-made goods as part of their global supply chain, and the service industries that rely on Chinese travellers and investors. Even Finnish fur farmers say they face “catastrophe” because Chinese buyers aren’t coming to their big spring auction. 

More locally, COVID-19 is a threat not just to hockey, but to Canada’s oil and gas industry, tourism, education, and public health.

We forget what a market China is for oil and natural gas as well as coal. But Chinese demand has dropped sharply in the last few weeks, especially for LNG. Fewer people are travelling inside China, and almost none are flying to or from it. Some 50 airlines have ceased flying there, and 20 others are running reduced schedules because they lack passengers.

Meanwhile Chinese factories are struggling to resume production while their workers are locked down at home (or still stuck out of town since the Lunar New Year). China’s coal mines are still largely shut down and transportation is sharply limited in many parts of the country. Apple has warned of a drop in revenue because its Chinese factories can’t produce or ship iPhones, and it closed all 42 of its Chinese stores. Not as many containers are reaching Chinese ports, and fewer freighters are leaving for foreign destinations. So oil prices are down, and so is the price of LNG.

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‘The Reality Bubble’: Or Pretending Ourselves to Death

‘The Reality Bubble’: Or Pretending Ourselves to Death

Our illusions and blind spots keep us happy. And could doom us.

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We create a bubble that lets us be blind to the world around us, writes Ziya Tong. And we like it in there.

We are also richly endowed with metaphorical blind spots, which enable us to deceive ourselves even about what can see perfectly well. 

Tong, a very experienced science communicator, was the co-host of the Discovery Channel’s Daily Planet for a decade. Her book, The Reality Bubble, illustrates its argument. It begins with interesting little factoids. Your face is crawling with tiny eight-legged mites; the alarm barks of prairie dogs, analyzed by computer, reveal “words” defining the nature of the threat: coyote, hawk, tall guy in a blue shirt. We may keep consuming such factoids like salted peanuts and begin to lose the point of them.

But Tong uses every factoid to back up her thesis. We never knew about the mites until the microscope let us examine ourselves up close and very personal. We thought we were the only language users until we used computers that could detect every nuance in a prairie dog’s bark. Our unaided senses operate in a very narrow spectrum, and the “real world” we perceive is just a reconstruction in our brains of electromagnetic and sound waves that impinge on our eyes and ears.

Blind spots aren’t just physical. Leeuwenhoek developed the microscope in the 17th century, and promptly discovered microscopic life. It took two more centuries until Louis Pasteur identified microbes as causes of disease, and another century before we began to realize that not all “germs” are bad: most help keep us alive and healthy. 

Tong writes that we can be blind to the obvious individually, and as a society. 

 …click on the above link to read the rest of the article…

Mark Carney Says Climate Change Will Bring Economic Disaster. Will the Powerful Listen?

Mark Carney Says Climate Change Will Bring Economic Disaster. Will the Powerful Listen?

Global bank heads say urgent action needed to prevent a ‘Minsky moment’ collapse in asset prices.

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Politicians and corporate heads might not listen to warnings from Extinction Rebellion protesters. Will they heed Mark Carney and other central bankers? Photo by Takver, Creative Commons licensed.

They may find themselves feeling just a little shaky, however, after a recent open letter written by Canadian Mark Carney, governor of the Bank of England, with Banque de France governor François Velleroy de Falhau and Frank Elderson, chair of the Network for Greening the Financial Services (NGFS)

These guys are not shaggy Extinction Rebellion protesters being busted in London. And teenage activist Greta Thunberg would likely ask why they took so long to admit what’s been obvious since long before she was born in 2003.

But Carney and his colleagues advise the masters of the universe; they are the consiglieri of the world’s corporate capos, and when they murmur a warning in the capos’ collective ear, wise capos heed them. 

Their open letter announced the first report of the Network for Greening the Financial Services, a group that includes central bankers from around the world. That report tells the capos that “climate-related risks are a source of financial risk.” (Greta Thunberg and billions of other girls would roll their eyes.)

The report continues with equally obvious warnings: climate change will affect the economy on all levels from households to government; it’s highly certain; it’s irreversible; and it depends on short-term actions (right now, this minute) by “governments, central banks and supervisors, financial market participants, firms and households.”

Back to 1960

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What’s Your Carbon Budget? You Probably Don’t Want to Know

What’s Your Carbon Budget? You Probably Don’t Want to Know

But if politicians ran governments on them, the planet might have a fighting chance.

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Live within your carbon means. Photo via Shutterstock.

Conservative politicians are happily fighting carbon taxes and generally ignoring the issue of global warming. At the same time, an uneasy feeling is rippling through the climate-science community these days. 

After decades of cautiously understating the consequences of global warming, their models are now showing temperature increases far higher than anyone expected. And other projections show that Canada, including British Columbia, is going to get a lot hotter than, say, San Francisco.

A news story in Science magazine recently reported that computer models of future climate are “running hotter” than they used to. 

Older models projected temperature increases of 2 C to 4.5 C with a doubling of preindustrial carbon dioxide levels. Now at least eight models, generated in the U.S., Britain, France, and Canada, predict “equilibrium climate sensitivity” at 5 C or even higher. That is, temperatures won’t level off at 1.5 C or 2 C, as the Paris Accord requires. Instead they will keep climbing until our collective goose is well and truly cooked.

The story quotes John Fyfe of the University of Victoria’s Canadian Centre for Climate Modelling and Analysis, as saying, “It’s a bit too early to get wound up… But maybe we have to face a reality in the future that’s more pessimistic than it was in the past.”

The centre’s model, like the others, is being developed for the 2021 report of the Intergovernmental Panel on Climate Change. Unless these forecasts are drastically revised, the IPCC report will bring very unwelcome news — especially to our federal and provincial governments.

 …click on the above link to read the rest of the article…

Malnutrition, Obesity and Climate Change Threaten Our Future, Warns Report

Malnutrition, Obesity and Climate Change Threaten Our Future, Warns Report

Lancet says three threats are interacting to create a dangerous ‘syndemic.’

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Climate change is bringing crop failures, reduced food production, droughts and flooding, and civil unrest, report warns. Somalian Nuura Omar and her family were driven to an aid camp by drought. Photo from Oxfam, Creative Commons licensed.

The Lancet calls it the “Global Syndemic.” The report’s authors say we’re facing three pandemics — undernutrition, obesity and climate change — that are interacting to form a “synergy of epidemics,” or syndemic, and it’s a global problem.

Here’s how it works. Undernourished children in low-income and middle-income countries suffer from stunting, which makes them smaller than well-nourished children. But it also makes them more susceptible to obesity (which affects kids and adults in high-income countries even more). By 2015, obesity was affecting two billion people around the world. They’ve been set up to die of cardiovascular diseases, Type 2 diabetes and some cancers.

The report says, “Economic losses attributable to undernutrition are equivalent to 11 per cent of the GDP in Africa and Asia, or approximately $3.5 trillion annually.” As we add another billion undernourished people by 2030, those losses will worsen.

Meanwhile, climate change is having serious effects on human health, bringing “crop failures, reduced food production, extreme weather events that produce droughts and flooding, increased food-borne and other infectious diseases, and civil unrest.” Those climate effects, the report says, will end up costing five to 10 per cent of global GDP, while investing just one per cent of GDP could stop the increase in climate change.

The Lancet report is blunt about why we do so little, citing “the power of vested interests by commercial actors whose engagement in policy often constitutes a conflict of interest that is at odds with the public good and planetary health.”

 …click on the above link to read the rest of the article…

Eating Clean, Green and Anthropocene

Eating Clean, Green and Anthropocene

Scientists say our diets must evolve. Canada could lead the way.

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Dig into the ‘Great Food Transformation.’ Photo via Shutterstock.

Adding a vice to a culture is always easier than removing it. Consider, as examples, alcohol, tobacco, marijuana, and the hamburger. Despite all we know about the harm we do to ourselves and others by indulging in these vices, we persist in them. 

Now, however, Canada is facing serious pressure to scale back on one of those vices — the hamburger and the whole spectrum of red meat. We can expect pushback from beef producers in Alberta and elsewhere, but we may also find powerful support from most Canadian farmers. That’s because Canadian agriculture can play a decisive part in improving global health, saving lives, and slowing climate change — while enriching our farmers.

The pressure comes from a new report by the EAT-Lancet “Commission on healthy diets from sustainable food systems,” published in the British medical journal The Lancet. Titled Food in the Anthropocene, the commission report argues that we’ve been digging our own graves with our unsustainable gluttony, and only making matters worse for the climate and the environment.

Right now, the report says, “more than 820 million people have insufficient food and many more consume an unhealthy diet that contributes to premature death and morbidity.” And to produce this dreadful food we are damaging or destroying local ecosystems and threatening the Earth system itself.

By 2050, 10 billion of us will be on the planet, enduring an ever-increasing burden of non-communicable diseases like diabetes and heart disease, while greenhouse-gas emissions increase and agricultural production suffers from nitrogen and phosphorus pollution and scarcity of clean water. Switching to healthy diets would have dramatic benefits, starting with the saving of about 11 million lives a year. That’s 30,000 people a day, or 1,255 an hour.

 …click on the above link to read the rest of the article…

Justin Trudeau: Just Another Quantum Politician?

Justin Trudeau: Just Another Quantum Politician?

Like many other world leaders, PM shows how to be true and false at the same time.

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Cartoon by Greg Perry.

It was great theatre: The good-looking Canadian prime minister, standing before a blackboard full of equations, taking a spitball question about quantum computing and belting it out of the park.

Never mind that it was probably a setup, with a reporter primed to ask Justin Trudeau about a topic he’d just been intensively briefed on. If nothing else, it showed the former drama teacher is a quick study who doesn’t need to read his talking points off a sheet of paper like most of our parliamentary clods.

The online media went into a predictable tizzy: Not only cute, not only a boxing punchmeister, not only a good feminist husband and dad with six-pack abs and a cool tattoo, but he also does standup comedy about quantum computing.

Trudeau’s not the first Canadian to startle audiences with such wit and fluency. Mark Rowswell, a tall white guy, went to China to improve his Chinese. He got so good that he turned up on Chinese TV in 1988 as “Dashan,” doing a comedy shtick called crosstalk, swapping rapid-fire gags and puns with a native Chinese speaker.

Half a billion Chinese TV-watchers fell out of their chairs laughing — not because he was bad, but because he was really good. If anything, he spoke better putonghua — common speech — than they did. Rowswell became an instant star and made a tidy fortune appearing on TV and opening new shopping malls. China fell in love with him because unlike most westerners, he’d taken the trouble to listen to and learn their language and speak it like one of them.

 

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After ISIS Is Defeated, What Next?

After ISIS Is Defeated, What Next?

A modest proposal for a new start by Canada the ‘honest broker.’

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Could Trudeau ever find common ground between combatants in Syria? Photo by Chris Wattie, Reuters Media Express.

Drop, for a moment, the question of whether Prime Minister Justin Trudeau was right to stop the Canadian air war against the Islamic State and triple our training commitment to Iraqi, Kurdish, and Syrian opponents of ISIS. Never mind whether Defence Minister Harjit Sajjan thinks we’re involved in a war or just a “conflict.”

Let’s just imagine that we and the other enemies of ISIS have won. We’ve occupied Raqqa and Mosul, imprisoned Abu Bakr Al-Baghdadi and their fighters have deserted or surrendered.

What happens next?

If generals always want to fight the last war again (and do it right this time), governments always want a peace that will advance their own interests and be politically popular at home. Finding such a peace in the Middle East will be almost impossible.

At the end of World War One, almost exactly a century ago, the West defeated the Ottoman Empire. Its provinces, from the Mediterranean to the Persian Gulf, were at the mercy of the armies of Britain and France, whose governments had already secretly divided those provinces, with arbitrary new boundaries drawn by a disastrously clever woman named Gertrude Bell.

With few political institutions above the tribal level, the Arab world was unable to resist what the Western victors imposed, let alone establish self-governing states along the lines of U.S. President Woodrow Wilson’s 14 Points for post-war peace. Self-government might apply to Europe, but not to regions still considered colonies by Europe’s victors.

…click on the above link to read the rest of the article…

 

We Need to Talk About Saudi Arabia

We Need to Talk About Saudi Arabia

Canadians may decry its executions and power moves, but we’re locked in an alliance.

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Iranians protest executions outside the Saudi Arabian Embassy in Tehran, Jan. 3, 2016. Raheb Homavanti, Reuters Media Express.

Dealing with Saudi Arabia is becoming a mug’s game for almost everyone in the West — Europe, the U.S. and Canada, among others. Time and again, the House of Saud makes us look like suckers, and the recent Saudi execution of 47 people in one day (mostly by beheading, a few by firing squad) is just the latest example. We know the Saudis are crooked, but they’re the only game in town.

Historically, the House of Saud has a lot of legitimacy. It ruled much of the Arabian peninsula in the 18th century, before the Ottoman Empire took over, and after the First World War it waged an Islamic State-style war against other factions and founded modern Saudi Arabia in 1932.

Well, “modern” is going too far. The House of Saud has been a close ally of the Wahhabis, who promote a fundamentalist version of Sunni Islam, and that version is far from modern. But Muhammad ibn Saud, the founder of Saudi Arabia, was smart enough to strike a deal with the British after oil was discovered in 1938. That deal gave him British protection as well as a huge market; after the Second World War, the U.S. took over.

Thanks to such deals, the West has relied on cheap Saudi oil through almost 80 years of war and growth. But the moral price has been high: we have had to tolerate some pretty bad behaviour by the Saudis.

Recall the Saudi oil embargo imposed on the West after the Yom Kippur War of 1973. America, Europe and Japan staggered under the soaring cost of oil and gasoline.

…click on the above link to read the rest of the article…

 

Olduvai IV: Courage
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Olduvai II: Exodus
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