The political economy of a universal basic income
: "your view of what is feasible should not be backwards looking. The normalization of gay marriage and legalization of marijuana seemed utopian and politically impossible until very recently. Yet in fact those developments are happening, and their expansion is almost inevitable
given the demographics of ideology... UBI
— defined precisely as periodic transfers of identical fixed dollar amounts to all citizens of the polity — is by far the most probable
and politically achievable
among policies that might effectively address problems
of inequality, socioeconomic fragmentation, and economic stagnation." [more inside]
After several days in legal limbo, the world's most notorious whistleblower, Edward Snowden, has been granted a three-year stay in Russia.
This is amid breaking news of Russia's issuing of a menu of its own sanctions against U.S./E.U. countries, et al. The former NSA employee has been stranded in Russia for more than a year. Recently, new leaks by other, as yet unknown whistle-blower(s) other than Snowden have surfaced, according to U.S. authorities
. The leaks detail certain "rules" for targeting of people for surveillance (including merely searching for privacy software
), as well as details on the kind of activity or relationships which may put innocent people on terrorist watch lists.
VC for the people
- "It's just that people who have options are much more likely to actually find success than people who don't." [more inside]
“The good news is that there are solutions. The weakness of mass surveillance is that it can very easily be made much more expensive through changes in technical standards: pervasive end-to-end encryption can quickly make indiscriminate surveillance impossible on a cost-effective basis. The result is that governments are likely to fall back to traditional, targeted surveillance founded upon an individualized suspicion. Governments cannot risk the discovery of their exploits by simply throwing attacks at every “endpoint,” or computer processor on the end of a network connection, in the world. Mass surveillance, passive surveillance, relies upon unencrypted or weakly encrypted communications at the global network level.
Edward Snowden submits written testimony to an EU committee investigating mass surveillance, and answers questions.
The testimony takes place 3 days ahead of his highly anticipated SXSW appearance, to take place later today. Snowden is expected to speak about privacy, security, mass surveillance programs, free speech and whistle-blowing in a rare remote video appearance before a live audience.
Kansas Congressman Mike Pompeo finds this “deeply troubling” in a letter he's sent to the organizers of the conference.
Meanwhile, people who wish to #asksnowden questions can use the hashtag on Twitter. The talk is to take place at 12pm PT, today.
The Control Revolution And Its Discontents
- "the long process of algorithmisation
over the last 150 years has also, wherever possible, replaced implicit rules/contracts and principal-agent relationships with explicit processes and rules."
The dangers of living in a zero-sum world economy
- naked capitalism
reprints (with added commentary) an FT article
by Martin Wolf on why it's vital for (civilised) society to sustain a 'positive-sum' world, otherwise: "A zero-sum economy leads, inevitably, to repression at home and plunder abroad." Wolf's solution? "The condition for success is successful investment in human ingenuity." Of course! Some
are calling for more socialism
, while others
would press on to build more megaprojects
. For me, at least part of the solution lies in environmental accounting
and natural capitalism