How big data increases inequality and threatens democracy - "A former academic mathematician and ex-hedge fund quant exposes flaws in how information is used to assess everything from creditworthiness to policing tactics, with results that cause damage both financially and to the fabric of society. Programmed biases and a lack of feedback are among the concerns behind the clever and apt title of Cathy O'Neil's book: Weapons of Math Destruction." [more inside]
International investors have a private court of appeal even in criminal matters - "A parallel legal universe, open only to corporations and largely invisible to everyone else, helps executives convicted of crimes escape punishment. [ISDS] operates unconstrained by precedent or any significant public oversight, often keeping its proceedings and sometimes even its decisions secret." (via) [more inside]
World After Capital by Albert Wenger [Work in Progress; GitHub; GitBook; PDF; FAQ] - "Technological progress has shifted scarcity for humanity. When we were foragers, food was scarce. During the agrarian age, it was land. Following the industrial revolution, capital became scarce. With digital technologies scarcity is shifting from capital to attention. World After Capital suggests ways to expand economic, informational and psychological freedom to go from an industrial to a knowledge society." (previously)
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]
Supreme Court rules against gerrymandering - "Ginsburg's opinion is now the law, and I suspect that, in a few decades, this case will be considered one of the most important of the term. Thus far, only California has copied Arizona and created an independent redistricting commission. But with the court's blessing, more states are likely to follow suit. These commissions have been hugely successful thus far, a real boost for representative democracy and a cure for the notoriously stubborn problem of gerrymandering. Had Justice Anthony Kennedy swung away from Ginsburg and aligned with his fellow conservatives, America would be facing down a distressingly undemocratic future."
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]
Supreme Court to consider lifting campaign contribution limits. Reversing McCutcheon v. Federal Election Commission would allow unlimited individual campaign contributions.
Economists and the theory of politics - "why unions were often well worth any deadweight cost" [more inside]
Chimp Fights and Trolley Rides from Radiolab's morality episode: "try to answer tough moral quandaries. The questions--which force you to decide between homicidal scenarios--are the same ones being asked by Dr. Joshua Greene. He'll tell us about using modern brain scanning techniques to take snapshots of the brain as it struggles to resolve these moral conflicts. And he'll describe what he sees in these images: quite literally, a battle taking place in the brain. It's 'inner chimp' versus a calculator-wielding rationale."
Richard Wilkinson: How economic inequality harms societies (ted/yt) - "We feel instinctively that societies with huge income gaps are somehow going wrong. Richard Wilkinson charts the hard data on economic inequality, and shows what gets worse when rich and poor are too far apart: real effects on health, lifespan, even such basic values as trust." (previously)
Remove the scourge of conflict - "Taming mass violence is the theme of the World Bank's latest World Development Report, which focuses on 'conflict, security and development' [pdf] ... Mass violence destroys all hopes of progress. We should make a huge effort to eliminate this scourge. It seems feasible. It is desirable. So try."
How two American kids became big-time weapons traders - "Working with nothing but an Internet connection, a couple of cellphones and a steady supply of weed, the two friends — one with a few college credits, the other a high school dropout — had beaten out Fortune 500 giants like General Dynamics to score the huge arms contract. With a single deal, two stoners from Miami Beach had turned themselves into the least likely merchants of death in history." (via; previously on arms contractors)
Too many laws, too many prisoners - Never in the civilised world have so many been locked up for so little. [previously] (via nc)
BABIES’ skulls dashed against rocks; attempts to twist off the heads of toddlers. Girls, their mothers and grandmothers (and sometimes male relatives too) raped at knife- or gunpoint, the weapons then used to inflict mutilation. Women hauled off to camps or just tied to trees and gang-raped. Thousands of children, some as young as nine, snatched or recruited by armed gangs (or regular forces) and made into drug-crazed killers, the girls among them often serially abused or taken by commanders as “wives”. Such are the horrors reported from some recent conflict zones... [more inside]