The Future of (Post)Capitalism - "Paul Mason shows how, from the ashes of the recent financial crisis, we have the chance to create a more socially just and sustainable global economy." (previously; via) [more inside]
China rates its own citizens - including online behaviour: "The Chinese government is currently implementing a nationwide electronic system, called the Social Credit System, attributing to each of its 1,3 billion citizens a score for his or her behavior. The system will be based on various criteria, ranging from financial credibility and criminal record to social media behavior. From 2020 onwards each adult citizen should, besides his identity card, have such a credit code." [more inside]
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]
- Welfare economics: an introduction
- The perils of Potential Pareto
- Inequality, production, and technology
- Welfare theorems, distribution priority, and market clearing
- Normative is performative, not positive
UN Climate Report: We Must Focus On 'Decarbonization', and It Won't Wreck the Economy - "The basic message is simple: We share a planet. Let's start acting like it." [more inside]
The Encyclopedia of Ethical Failure [PDF, there is a Word file direct from the DoD] is 167 pages of stories of elaborate frauds, scams, and abuses of power in the US government. Interestingly, the sarcasm-filled document is also published by the US government, to help illustrate how government workers get in trouble. Freakonomics radio has a amusing and interesting discussion with the Encyclopedia's editor and founding editor [link goes to transcript]. [more inside]
In Praise of Leisure - "Imagine a world in which most people worked only 15 hours a week. They would be paid as much as, or even more than, they now are, because the fruits of their labor would be distributed more evenly across society. Leisure would occupy far more of their waking hours than work. It was exactly this prospect that John Maynard Keynes conjured up in a little essay published in 1930 called 'Economic Possibilities for Our Grandchildren.' Its thesis was simple. As technological progress made possible an increase in the output of goods per hour worked, people would have to work less and less to satisfy their needs, until in the end they would have to work hardly at all... He thought this condition might be reached in about 100 years — that is, by 2030." (via) [more inside]
Vanity Fair sits down with Larry Flynt --his history and hits and misses, how much he pays for scandals involving hypocritical public figures, and a new (and limp) Nixon anecdote -- and tons of other juicy tidbits, of course).
"Killing others is not loving them.” --meet US Army Captain Peter D. Brown, just granted Conscientious Objector status due to his religious beliefs and honorably discharged after first being denied and taking them to court---only 224 applicants were approved for it during 02-06, out of 2.3 million serving. [more inside]
An Indonesian TV crew was invited to Malaysia for their Visit Malaysia Year 2007 campaign but encountered many problems. They write up about it - and start a flurry of comments and controversy across the Malaysian government about blogging. [more inside]
And then there were 3 --(salon, watch ad or use bugmenot) One day after President Bush ordered his Cabinet secretaries to stop hiring commentators to help promote administration initiatives, and one day after the second high-profile conservative pundit was found to be on the federal payroll, a third embarrassing hire has emerged. Meet Michael McManus. Who's next in PayolaGate? And in the Senate, they're going to be introducing a 'Stop Government Propaganda Act.' Even Jonah Goldberg (on the right) is actually calling for a real investigation .