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Robber Barons
"At what level does corruption become intolerable and undermine the legitimacy of democracy? How large are the entrepreneurial benefits from the finance-industrial development nexus through which the truly astonishing fortunes are developed? To what extent are the Jay Goulds and Leland Stanfords embarrassing but tolerable side-effects of successful and broad economic development?"
corruption  democracy  power  money  1998  capitalism 
2 days ago by Preoccupations
Why Do Democracies Fail? - The Atlantic
Trump arose because of the hollowing out of conservative institutions. The Republican party could not stop him. Now it cannot restrain him. And this weakness of the Republican party—and its craven subordination to the ego, ambition, and will-to-power of one man—now stands as the gravest immediate threat to American democracy: a lesson from the 19th century of frightening immediacy to the 21st.
davidfrum  gop  trump  conservative  politics  democracy 
3 days ago by sampenrose
SPIEGEL Interview with Singapore's Lee Kuan Yew: "It's Stupid to be Afraid" - SPIEGEL ONLINE
SPIEGEL: How so?

Mr. Lee: The social contract that led to workers sitting on the boards of companies and everybody being happy rested on this condition: I work hard, I restore Germany's prosperity, and you, the state, you have to look after me. I'm entitled to go to Baden Baden for spa recuperation one month every year. This old system was gone in the blink of an eye when two to three billion people joined the race -- one billion in China, one billion in India and over half-a-billion in Eastern Europe and the former Soviet Union.

SPIEGEL: The question is: How do you answer that challenge?

Mr. Lee: Chancellor Kohl tried to do it. He did it halfway then he had to pause. Schroeder tried to do it, now he's in a jam and has called an election. Merkel will go in and push, then she will get hammered before she can finish the job, but each time, they will push the restructuring a bit forward.

SPIEGEL: You think it's too slow?

Mr. Lee: It is painful because it is so slow. If your workers were rational they would say, yes, this is going to happen anyway, let's do the necessary things in one go. Instead of one month at the spa, take one week at the spa, work harder and longer for the same pay, compete with the East Europeans, invent in new technology, put more money into your R&D, keep ahead of the Chinese and the Indians.

...

SPIEGEL: During your career, you have kept your distance from Western style democracy. Are you still convinced that an authoritarian system is the future for Asia?

Mr. Lee: Why should I be against democracy? The British came here, never gave me democracy, except when they were about to leave. But I cannot run my system based on their rules. I have to amend it to fit my people's position. In multiracial societies, you don't vote in accordance with your economic interests and social interests, you vote in accordance with race and religion. Supposing I'd run their system here, Malays would vote for Muslims, Indians would vote for Indians, Chinese would vote for Chinese. I would have a constant clash in my Parliament which cannot be resolved because the Chinese majority would always overrule them. So I found a formula that changes that...
news  org:euro  interview  lee-kuan-yew  statesmen  foreign-policy  realpolitik  polisci  asia  developing-world  china  sinosphere  government  thucydides  expansionism  leviathan  property-rights  big-peeps  nationalism-globalism  europe  japan  korea  geopolitics  usa  democracy  antidemos  labor 
3 days ago by nhaliday
Twitter
Potential vote next Thursday to remake 1/6 of the economy. What are they voting on? No one knows yet
democracy  from twitter_favs
4 days ago by dshaw
Democrats are still obsessed with Jill Stein. They should start obsessing over nonvoters instead.
"But," you may protest, "Donald Trump won by a margin smaller than the number of Green Party votes in key states, particularly the Upper Midwest!" And you're right, that's true. Take Michigan: Trump won Michigan by 13,225 votes, while Jill Stein walked away with 51,463 votes. Clearly, if all of those people had voted for Hillary Clinton instead of Stein, Clinton would have won Michigan. (Whether Stein votes ought to be otherwise considered shoo-in Democrat votes is a separate matter.)

If these are the only variables of interest to us — the number of ballots affirmatively cast for Trump, Clinton, Stein, and maybe Johnson — then yeah, the Stein-as-spoiler argument makes some sense. But here's another number, one that ought to change your perspective: 87,810. That's how many Michigan voters showed up to the polls, cast ballots, and declined to vote for a presidential candidate at all.

MORE PERSPECTIVES

ERICA GRIEDER
Can we blame California for Trump?

PASCAL-EMMANUEL GOBRY
The perils of reflexively politicizing tragedy
That compares to 49,840 such "undervotes" in 2012. It was a veritable phenomenon last year — people stood in line and performed their civic duty, but simply abstained from marking a preference for commander in chief. An analysis published by The Washington Post tallied 1.7 million undervotes in 33 states. The number was up in most states, they concluded, by an average of 2.5 times as much as in 2012.
jill_stein  democracy  election2016  third_party  green_party  voting  meagan_day 
4 days ago by perich
198 Million Americans Hit By 'Largest Ever' Voter Records Leak - Slashdot
Political data gathered on more than 198 million US citizens was exposed this month after a marketing firm contracted by the Republican National Committee stored internal documents on a publicly accessible Amazon server, reports say. From a ZDNet article: It's believed to be the largest ever known e...
privacy  usa  democracy  security 
4 days ago by pankkake
The Silicon Valley Billionaires Remaking America’s Schools - The New York Times
"The involvement by some of the wealthiest and most influential titans of the 21st century amounts to a singular experiment in education, with millions of students serving as de facto beta testers for their ideas. Some tech leaders believe that applying an engineering mind-set can improve just about any system, and that their business acumen qualifies them to rethink American education.

“They are experimenting collectively and individually in what kinds of models can produce better results,” said Emmett D. Carson, chief executive of Silicon Valley Community Foundation, which manages donor funds for Mr. Hastings, Mr. Zuckerberg and others. “Given the changes in innovation that are underway with artificial intelligence and automation, we need to try everything we can to find which pathways work.”

But the philanthropic efforts are taking hold so rapidly that there has been little public scrutiny."



"But many parents and educators said in interviews that they were unaware of the Silicon Valley personalities and money influencing their schools. Among them was Rafranz Davis, executive director of professional and digital learning at Lufkin Independent School District, a public school system in Lufkin, Tex., where students regularly use DreamBox Learning, the math program that Mr. Hastings subsidized, and have tried Code.org’s coding lessons.

“We should be asking a lot more questions about who is behind the curtain,” Ms. Davis said."
automation  education  personalization  facebook  summitpublicschools  markzuckerberg  publicschools  edtech  data  chaters  culture  2017  marcbenioff  influence  democracy  siliconvalley  hourofcode  netflix  algorithms  larrycuban  rafranzdavis  salesforce  reedhastings  dreamboxlearning  dreambox  jessiewoolley-wilson  surveillance  dianetavenner 
6 days ago by robertogreco

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