Week-end Wrap – Political Economy – October 25 2020

 Week-end Wrap – Political Economy –  October 25 2020

by Tony Wikrent

VOTE!

See something? Report voter suppression and obstacles to voting.

[Twitter, via Naked Capitalism Water Cooler 10-8-20

Strategic Political Economy

The Enemies Briefcase
Andrew Cockburn [Harpers, November 2020, via Wall Street on Parade 10-18-20]

At some point in the first term, however, experts surmise that an even more secret briefing occurs, one that has never been publicly acknowledged. In it, the new president learns how to blow up the Constitution.

The session introduces “presidential emergency action documents,” or PEADs, orders that authorize a broad range of mortal assaults on our civil liberties. In the words of a rare declassified official description, the documents outline how to “implement extraordinary presidential authority in response to extraordinary situations”—by imposing martial law, suspending habeas corpus, seizing control of the internet, imposing censorship, and incarcerating so-called subversives, among other repressive measures. “We know about the nuclear briefcase that carries the launch codes,” Joel McCleary, a White House official in the Carter Administration, told me. “But over at the Office of Legal Counsel at the Justice Department there’s a list of all the so-called enemies of the state who would be rounded up in an emergency. I’ve heard it called the ‘enemies briefcase.’ ”

These chilling directives have been silently proliferating since the dawn of the Cold War as an integral part of the hugely elaborate and expensive Continuity of Government (COG) program, a mechanism to preserve state authority (complete with well-provisioned underground bunkers for leaders) in the event of a nuclear holocaust. Compiled without any authorization from Congress, the emergency provisions long escaped public discussion—that is, until Donald Trump started to brag about them. “I have the right to do a lot of things that people don’t even know about,” he boasted in March, ominously echoing his interpretation of Article II of the Constitution, which, he has claimed, gives him “the right to do whatever I want as president.” He has also declared his “absolute right” to build a border wall, whatever Congress thinks, and even floated the possibility of delaying the election “until people can properly, securely, and safely vote.”

 

Rochester AFL-CIO Calls for General Strike if Trump Steals Election 

[Payday Report, via Naked Capitalism 10-19-20]

Evo Morales’s Party’s Massive Victory Is a Rebuke to US Elites Who Hailed the Coup 

[Jacobin, via Naked Capitalism 10-20-20]

Week-end Wrap – Political Economy – October 18, 2020

Week-end Wrap – Political Economy –  October 18, 2020

by Tony Wikrent

VOTE! 

See something? Report voter suppression and obstacles to voting.

[Twitter, via Naked Capitalism Water Cooler 10-8-20]

The Epidemic

Steps for Reducing COVID Transmission 

[GoogleDoc) Cyrus Maher [UCSF, via Naked Capitalism 10-11-20]

Lambert Strether’s intro: “This is the must-read for the week. It’s not only a review of the literature, it’s packed with useful, pragmatic information, and very simply and clearly written. Slide 11: Aerosol FTW; slide 20: the “Swiss Cheese” model; plus a series of slides on preventing exposure, reducing exposure, and improving your odds if you are exposed starting at slide 24; see especially slide 48. (Caveat lector: There is a pitch to enroll in UCSF’s clinical trial.)”

Inside the Fall of the CDC 

[Pro Publica, via Naked Capitalism 10-11-20]

Lambert Strether notes: “ the first real explanation, nine months after the fact, of the CDC Covid testing debacle* (originally blamed on contractors, IIRC). My preference for coverage priorities would be: 1) Neoliberal hollowing out; 2) the testing debacle; and 3) political interference, because the first two corrode the clout of the CDC and lead to the third, and this article reverses that order, but it’s nevertheless very good. NOTE * Casting doubt on the ability of the PMC to regulate itself, exactly like the ObamaCare MarketPlace launch debacle. PMC professional associations also have this issue.”

Strategic Political Economy

How Deep Will the Depression Get? – Paul Jay interview of Rana Foroohar and Mark Blyth

[thenanalysis.news, October 8, 2020, via comments on Ian Welsh 10-12-20]

...do the elites get it? Yeah, they absolutely get it. And let me give you a couple of examples. They get it, and they think they’re going to be able to weather the storm….  But the idea was in their minds that the biggest companies, the Googles, the Facebook’s, the Buydo’s, the Alibaba’s had become so big that they were like the East India Company now. They are sort of sovereign international states that float above the nation-state, . . . and that they actually kind of formed their own consensus... these corporations now have so much control and big tech does have way more control even than big finance did because it can actually influence our behavioral patterns because of surveillance, capitalism, and algorithmic behavioral manipulation….

“. . .I used to do . . . finance conferences with big finance. [so I] have 25 of them in the room, all of . . . the big money in the room and I would say the following, talking about politicians and the quality of political capital, ‘it’s gone down over time, and that’s a big problem’

” ‘So how many of you folks would let the people that you [put in office to] run countries by funding them, run your money and your firm?’ and they would all burst out laughing. And then when the laughter died down, I would say, and now you can tell me what’s funny about that because ultimately your firms are dependent on the governments of those countries, the policies that they provide. And it was almost a moment of shame where they went. . . . this points to something that our Marxists colleagues have known for the longest time that while it’s irrational for any individual capitalist to maximize their short-run interests, it’s collectively suicidal.”

Nerdgasm—Thoughts on Tesla's Battery Day

Like many, I was looking forward to what Elon Musk would say about what is easily the most critical and expensive part of building an electric vehicle—the batteries. The presentation was literally breath-taking. Several times I found myself holding my breath as I tried not to miss any important details. Musk and company had gone to great lengths to simplify their descriptions of what they were attempting. Unfortunately for me, I hadn't taken a Chemistry course since 1966 so I found myself fishing in some forgotten waters. Fortunately, it was easy to watch repeats on YouTube so eventually the requisite understanding returned. (I needed four tries ;-)

There is really no sustainable energy future without effective storage. Anyone who has ever lost their electricity knows that life gets extremely difficult VERY fast. Yes, I know humans survived without electricity in hazardous places such a North Dakota in winter. But those people were unusually hardy, strong, and clever. Even so, preparations for winter began the first days of spring. If you had trees, you chopped wood. Trees are stored energy. Unfortunately, there aren't many trees in North Dakota. Fortunately, there are energy sources that will sustain human life up there—lignite coal and then after the 1950s, oil and natural gas. Now that burning fossil fuels has become a big no-no, North Dakota also has abundant wind power but harnessing it as a practical matter requires storage.

Energy storage has been the big scary boogieman since the invention of fire. We like to treat the problem socially the same way we treat hauling out the trash and for many of the same reasons—it is UGHLEE. Clear-cut forests, oil refineries and tank farms, and the like smell funny and in myriad ways are offensive if not serious health hazards. Storage is especially tricky when the energy is electricity. Electricity moves at roughly the speed of light. With tiny exceptions, therefore, electricity must be used the instant it's produced. While this nearly instantaneous speed is easily electricity's most useful characteristic, it seriously hampers more widespread adoption of renewable energy.

Week-end Wrap – Political Economy – October 11, 2020

Week-end Wrap – Political Economy –  October 11, 2020
by Tony Wikrent

Dear Readers — I had no choice but to abandon Blogger this past week. The workaround to the miserable new version of Blogger, suggested by a reader two weeks ago, simply would no longer work. So, sorry that this post comes a good bit later in the day than past posts.  

VOTE!

See something? Report voter suppression and obstacles to voting.

[Twitter, via Naked Capitalism Water Cooler 10-8-20]

Strategic Political Economy

“Encyclical Letter Fratelli Tutti of The Holy Father Francis On Fraternity And Social Friendship”

[The Vatican, via Naked Capitalism Water Cooler 10-7-20]

From the section “Re-envisaging the social role of property”:

119. In the first Christian centuries, a number of thinkers developed a universal vision in their reflections on the common destination of created goods.[91] This led them to realize that if one person lacks what is necessary to live with dignity, it is because another person is detaining it. Saint John Chrysostom summarizes it in this way: “Not to share our wealth with the poor is to rob them and take away their livelihood. The riches we possess are not our own, but theirs as well”.[92] In the words of Saint Gregory the Great, “When we provide the needy with their basic needs, we are giving them what belongs to them, not to us”.[93]

120. Once more, I would like to echo a statement of Saint John Paul II whose forcefulness has perhaps been insufficiently recognized: “God gave the earth to the whole human race for the sustenance of all its members, without excluding or favouring anyone”.[94] For my part, I would observe that “the Christian tradition has never recognized the right to private property as absolute or inviolable, and has stressed the social purpose of all forms of private property”.[95] The principle of the common use of created goods is the “first principle of the whole ethical and social order”;[96] it is a natural and inherent right that takes priority over others.[97] All other rights having to do with the goods necessary for the integral fulfilment of persons, including that of private property or any other type of property, should – in the words of Saint Paul VI – “in no way hinder [this right], but should actively facilitate its implementation”.[98] The right to private property can only be considered a secondary natural right, derived from the principle of the universal destination of created goods. This has concrete consequences that ought to be reflected in the workings of society. Yet it often happens that secondary rights displace primary and overriding rights, in practice making them irrelevant.