Professor Mearsheimer had another speech, though just before the invasion, that also said, as he did in 2015, that the crisis was our fault.
Friday, February 25, 2022
It was a shove
Professor Mearsheimer had another speech, though just before the invasion, that also said, as he did in 2015, that the crisis was our fault.
Thursday, February 24, 2022
We're all losers now
The final circle is a frozen wasteland occupied by history’s greatest traitors. So … Washington, DC in February?
Wednesday, February 23, 2022
Keynes vs Hard Money Marxism
Marx saw the fundamental problem with capitalist economies, which he posited would ultimately lead to their collapse, as the endless drive for capitalist accumulation through profit (which he called Excess Value). He saw the solution coming in two phases, first Socialism then Communism. In the Socialist phase, worker power, managed through worker's unions, would first tame and then displace capitalist structures with direct control by workers. The ultimate Communist phase could only arise after that, after minds steeped in socialist practice can fully abandon all exploitative forms, class, property, and even government itself, a pure utopia of human fulfillment. Marx didn't waste many words on the Communist phase. It has more seemed to me an ideal that can only be approximated. But me, accusing Marx of being Idealist? Following Marx, Marxists denounce Idealism in the harshest terms (while still harboring it?) I claim the world is more than we can comprehend, and Ideals are things too, somehow. And once admitting Ideals, the usual convention would be that I could not be Materialist (though I'm fine with a Materialist analysis, just not a blindness to Idealism). So if in fact Marxists are hypocritical regarding their Idealism, it's only in the direction of my more comprehensive view, that Idealism is a real thing too, and that much of the appeal of Marxism and Communism is and can be in its Ideals.
Keynes saw the primary problem with capitalist economies to be repeated depressions in which many people could be unemployed and thereby lose their livelihoods for years or more. (And though it is said Keynes didn't "focus" on inequality, less unemployment would be commensurate with greater equality, as things work in theory and practice.) Depressions are when capitalist economies are least supportive of actual human needs. Masses are starving and homeless. Keynes's moderately deep analysis of money showed that depressions arise from Excess Saving, which he explained, and pointed to solving them through Government Spending which could uniquely resolve it in many cases. His hopeful vision was of a future of "managed" capitalism with increasing wealth and leisure for all. (We might have continued on that path for more than 20 years after his death had we not blown the social surplus on endless war, something Keynes personally detested and denounced during his too-short life, but didn't fully disparage in his theory, any or all spending was useful in maintaining full employment, just not necessarily optimal social development. Money spent on war and excess concentrations of wealth mean less for the human needs of most people, so the latter is incapable of improving much over time. Once the huge tax cuts and resumed global militancy of Reaganism were baked in, quality of life has stagnated for most people, despite enormous technological gains, which are offset by baked in strangulation, as in health care, education, and housing.
I see both similarities and differences between these two views. This is not to say that Keynes was a Marxist, in fact he was strongly anti-Marxist and denounced Marxism in the harshest terms. But arguably Keynes was, even in later life, a kind of non-Marxian socialist. In his youth, in fact, Keynes was a Fabian Socialist. No doubt Marx would consider him a Utopian Socialist. But I think it's more fair to say that both Marx and Keynes were utopians, and similar in curious ways while also being different. (An argument is made that Keynes' economics came from an obscure predecessor, who had explicitly tried to cook up a capitalism-friendly economics including Marxian insights.) I think both Marx and Keynes provided interesting and useful ideas, and not in either case sufficient. However Marx's view was ultimately the deeper one, and so I might consider myself a Post Keynesian Marxist rather than a Marxist Post Keynesian.
Hard Money Marxists, however, may see these things differently than I do. (Personally, I find Hard Money Marxism a kind of contradiction in terms. Accumulation is pure evil, but saving money divine?) But still worth reading, and I fully understand that until wasteful military spending and insufficient taxation of the wealthy are fixed, there is little hope for making a world better oriented to meeting human needs instead of increasing them. In short, we can't merely "spend" all the way to Utopia. We need to end war, and tax wealth too. Even MMT'ers, at the liberal spending edge of Post Keynesians, will concede those things. Some capitalist strictures will just have to get tossed overboard. And doing that will require a proletarian revolution, because the capitalist powers that be will never consent.
I've long admired and followed Doug Henwood despite his Hard Money Marxism. He usually presents a very illuminating take on things.
I've just discovered another Hard Money Marxist, Michael Roberts, a retired City of London economist who apparently many people take seriously. I'm adding him to my Important Blogs sidebar, though my first discovery of him (a critique of Keynes and MMT) is seeming a lot more like heat than light to me.
Tuesday, February 22, 2022
Two's Day
Sunday, February 20, 2022
Will Carbon Capture ever be Useful?
Climate Activism vs Doomism and Leftism ? (updated)
Update: I think I like Michael Mann's book, though it's not defending the science, it's all about the politics, which is fine that needs to be covered, and it's Ok despite how he unfairly stereotypes "the left." Thoughtful leftists believe in principle a carbon tax would be better than nothing, more of a real solution than Obamacare, for example. (Cap and Trade would be more on the same level as Obamacare.) And a carbon tax could be made fair. BTW the best solution, from a leftist-communist POV is nationalization of the energy and transportation sector, eco Communism, or at least a free national grid and storage system and electric rail. I think the popularity of eco Communism will have to grow over another decade or two, especially if nothing else is done we'll be in terrible shape, so I'd favor a "fair" carbon tax now if one could be squeezed out of Congress and passed by whoever happens to be President in the meantime.
Anyway, the NewClimateWar is packed with interesting stuff on every page, and many of my friends are hard to convince to even my POV on the carbon tax. I see Jacobin has 4/5 articles against the Carbon Tax.
But I think the politics of Carbon Tax are so terrible, with virtually everyone in USA except centrist intellectual elite opposing it, it seems unlikely, and effort should be put into other things, as "ineffective" as they might seem.
A recent highly touted website allows you to calculate the effects of changes to improve the trajectory of global warming. If you play with it, you will quickly discover that ONLY a carbon tax does a large amount of good, most other changes do very little. A careful examination of what's going on will reveal this has to do with the calibration of the sliders, and how much change is applied, and in in what form. Some of these calibrations can be adjusted, but only within strict limits of +/- 15% of projected values. Meanwhile, the carbon tax slider goes from zero to more than Norway's, which has had carbon tax for 30 years, and has wealth an renewable energy in abundance and a highly equal and rich society...you're going to need eco Communism to get that level of carbon tax anywhere else.
I am a believer in radical birthing limits and population reduction to 1800's levels over 100 or so years. No model is going to show that, and no neoliberal model is going to show eco Communism.
Anyway it looks like an interesting book.
I too am critical of Michael Moore's environmental movie based on synopsis, and I refuse to buy it to add to my large collection of Michael Moore movies which I've begun to disparage as sensationalistic (though I especially enjoyed Where To Invade Next).
End Update
I've long respected Michael Mann (a leading and distinguished professor of climatology) as a fighter against climate change denialism. For that reason, have been following him on Twitter. IIRC, he was the one who came up with the "hockey stick" graph showing temperature increase. On Twitter he's hitting back at denialism every day.
He's now written a book about climate change, denialism, and what we must do now. (I decided to buy it, despite what I'm about to say.)
He lays it heavy on the fossil fuel companies whose own scientists were verifying climate change even as their PR flacks were denying it. And many other denialists like that.
BUT, he also is said to lay it heavy on "doomers" and what he considers "leftists."
I just had a little interchange with him today on Twitter. He was having an argument with "doomers" who say we're already over the hill.
He said that there is no "climate lag," and that as soon as we can achieve net zero, the climate will begin...improving!
(This completely contradicts the "junk" scientists I had been reading previously, which described a 30-40 year lag, and many potential tipping points that will lock in even more CO2 and climate change if we get past them.) So I fired a comment:
"What about global ice continuing to melt, permafrost continuing to release methane, forests continuing to burn, and other "tipping points" already "nearly" tipping? My SOP says 1000's of years for "stabilization." For sure sea level will keep rising."
He responded:
"Much of that is wrong. All this stuff is discussed in The #NewClimateWar. But see this thread:"
"There is no evidence for projected warming <3-4C of any "tipping points" that significantly change the warming trajectory (e.g. methane feedbacks). The most plausible tipping points (e.g. AMOC slowdown, ice sheet destabilization) don't significantly impact global mean temps."
https://twitter.com/charlesp210/status/1495457706479702022?s=20&t=gWw6_Ua2WbKYWxvWrZtQpw
OK, so he says why this is wrong in his book, but not hear really. "There is no evidence." I'm not sure I find that convincing.
Here's what one reviewer said about the book
"I am giving this 3 stars because I believe in the importance of the science Mr. Mann studies and the necessity to ignore the climate doomers and inactivists.
However, I did have a major issue with the book. When talking about the left side of the political spectrum he mentions how infighting is a problem and how we need to stop tearing each other down to make some real progress. Which is all well and good, except he doesn’t even follow that rule in his own book. His criticisms of those on the left is almost entirely about progressives. He brings up:
-the ways the progressives go about advocacy wrong
-how they often fall for climate doomism
-about how they were fooled by an inaccurate Michael Moore documentary
-how their criticism of capitalism isn’t helping
-several times it is mentioned that Hillary lost the election because progressives were tricked into not liking her by Russian bots.
Good luck finding many criticisms of liberals who talk a big game on climate rather than act on it, in fact he’s often found defending them because at least they are better than the republicans on this issue (talk about a low bar).
There are certainly valid criticisms to be made about how progressives go about climate advocacy. But the same can be said for moderate Democrats, and yet their flaws were barely brought up. This book did not give me the “unity” vibes the author was claiming climate activists needed."
END QUOTE
So, you can see I'm buying the book not entirely because I agree with it, but because I want to hear this alternative "anti-doomism" and "anti-leftism" POV.
I do agree with Mann that Carbon Capture is not feasible in the near future and we must get completely off fossil fuels instead. It worries me that some who seem more pessimistic than Mann, like the one I posted here last week, seem to be pushing these non-solutions like Carbon Capture in part BECAUSE they don't share Mann's optimism about fast return to baseline. Or maybe they're just using that pessimism to push these impossible "Solutions."
Wednesday, February 16, 2022
Hunter S. Thompson nailed it
I've been struggling to say this for two decades at least. But Hunter S. Thompson nailed it long ago:
"We have become a Nazi monster in the eyes of the whole world -- bullies and bastards who would rather kill than live peacefully. We are whores for power and oil with hate and fear in our hearts."
Nothing embodies this more than the current crushing US sanctions and expropriation on Afghanistan, following 20 years of brutal military seizure and occupation which were not only wasteful and useless but unjustified and illegal.
And before this phase of crushing sanctions and theft, there was the war itself, as well as military operations and "support" still ongoing in other countries today.
Nothing enables this more than the mass blindness of US citizens to the operations and effects of the military empire they support. And that blindness mostly, or at least sufficiently, persists despite the legendary (actually only since Brandenburg v Ohio in 1969) freedom of speech and press in the USA.
Americans by and large, and amazingly, consider themselves part of a relatively moral and reformist tendency on earth, bringing Freedom and Democracy and a Rules Based Order to the world. Officials repeat these lines endlessly and without much criticism in the most pervasive media sources.
A brief examination of the recent historical evidence makes a mockery of these claims. The death, destruction, and dislocation these countries have caused is tiny compared with that caused by the USA.
Although it might not be the perfect ideal in all cases, a world in which the US never intervened in the internal affairs of other countries would be so entirely preferable to the current one as to not be worth quibbling.
Though I agree with Oliver Stone and others that the US-aided defeat of Nazi Germany was the one exceptional case where US military power abroad was proper, to have merely replaced, succeeded, and far surpassed Nazi Germany in global domination was a moral and ethical collapse of the highest order.