Man is Wolf to Man

The current administration's predatory and corrupt version of capitalism.

What is corruption? Isn't capitalism all about getting as much money as you can? Then doesn't it follow that there can be no such thing as corruption, which is defined as going against the rules? What rules?

We as a country go on a trip with every new president, learning about their nature and values as we accompany them through their brief span of history. Few presidents wear very well after their honeymoon, since the process of getting elected requires some shading of the truth, truth that inevitably comes out later on. The current administration is an odd example, since in his first term, Trump was not allowed (for very good reasons!) to be himself. The second time round has been a different story, and we are getting a deep look at his character. 

The US has always had a double relationship with capitalism, tilting between rampant competition / exploitation and reverence for rules and legal systems. Slavery, obviously, is the foremost example, with slaveholders enshrining in a document dedicated to human freedom their own legal rights to property in comprehensively oppressed people. The founders, on making their constitution, feverishly set to work creating institutions for the common good, such as the treasury, mail system, judicial system, patents, and military. But, at the same time, we have long had an ideology of free enterprise- of land, resource, and human exploitation almost without limit. 

Charles Ponzi was not working in Italy, after all, but in the US, as was Bernie Madoff. Now crypto is the popular mechanism of picking people's pockets, facilitating mundane crime such as money laundering and ransomware attacks at the same time that it provides flourishing vistas of direct fraud, in rug pulls, hacks, and market manipulation. A recent article reviewed the pathetic world of multilevel marketing, another model of predation where ambitious entrepreneurs are sucked into schemes that are engineered both to fail, and to induce the victims to blame themselves.

The administration has clearly made it its mission to celebrate these forms of business- the predators, the grifters, the destructive businessmen among us who think that taxes are for little people, and rules for someone else. Consumer protection agencies have been shuttered, the IRS eviscerated, investigations cancelled. Pardons have been going out, not only to the January 6th conspirators and their militias, but to the money launderers, the corrupt politicians, and crypto bros. It is a sustained campaign of norm and rule-breaking by a grossly tasteless, shockingly greedy and small-minded president, (and sexual predator), who cannot conceive of rational policy, uncorrupted institutions, or fairness, much less civility, as a principle. A person with deep psychological problems. And thus, is incapable of long-term policy that is the bedrock of durable, functional institutions, either commercial or governmental.

Following gold, like a cat following a laser pointer.

We are all worried about fascism, as that seems to be the aesthetic and the model of power the administration is tending towards. But what they have done so far doesn't even come up to the level of fascism, really. The president is not smart enough to have a coherent policy or ideological platform. The weave does not leave room for a program that would be attractive beyond the nihilistic base. There are inclinations, and moods, and tantrums, love for Putin, and a lot of nostalgia for policies of decades, if not centuries, ago. There is hate. But without a program that binds all these ingredients into even a marginally coherent approach to the future, it will inevitably fall apart. True believers don't do policies or reason- conspiracy theories are enough. Thinking, apparently, is for libtards. 

The fact of the matter is that capitalism is not equivalent to the law of the jungle. A legal system, and rules, are required to prevent capitalists from making military forays into each other's empires, and to prevent the workers from taking up their pitchforks, among much else. It is founded on the limited liability company, itself a legal construct, not to mention all the financial, educational, and physical infrastructure that forms its essential background. There is no going Galt here. Indeed, the whole point of captialism is not to screw everyone and make a few people very rich. Rather, it is to diffuse labor, useful products and productive technologies across society in a way that utilizes everyone's talents and supplies everyone's needs.  The point is general prosperity, not inequality. 

Institutions are built on rules, and they can die two ways- either people disregard and lose faith in the rules, (maybe because they are made by corrupt processes), or the rules become so elaborate and sclerotic that the point of the institution is lost. These ways map roughly onto our political divide, which, when it compromises to the middle produces something akin to a functional mean. But the current administration, and its ideology of thorough-going corruption on personal, business, and governmental levels, is, with the connivance of an equally unhinged supreme court, creating a legacy of cruelty and destruction that is surely a sad way to mark next year's anniversary of our institutional founding.

• How the wingnut evangelicals, rightist Catholics, and their funders have bought into the burn-it-all-down program of predation, with a little help from the Russians.
• Being populist means lying, unfortunately.
• We can and should give real help to Ukraine. How about blockading Russian rather than Venezuelan tankers?
• A hiring hellscape, with AI battling on both sides.
• Destroying science, at the NIH.

Students Deserve Mentors

The best form of education is personal mentoring. More of our educational and work system should get back to that model.

We learned some important things from the Covid pandemic. One is that fiscal stimulus really works. Another is that mRNA vaccines are highly effective, and their rapid and flexible development cycle makes them a superior platform for future vaccines. And another is that social interaction is deeply important, especially for young people. We all got used to Zoom, but for school children, that was a poor substitute, when it was even possible. Children were left significantly behind both academically and socially.

A recent segment on the PBS NewsHour touched on this in a discussion of adolescent development. Its message was that learning requires challenging opportunities and human relationships. Adolescents are going on a heroic quest to become adults. They thrive on active engagement with the world and need models of successful adulthood to learn from. How to provide these key functions in an optimal way? We know how to do this- by apprenticeship and mentorship. This model has been understood forever, from the schools of Athens to the medieval trade guilds to the graduate schools of contemporary academia. My grandfather was a baker in Germany, and in his turn trained many apprentices and journeymen to be bakers. I went to graduate school, which turned out to be a glorified apprenticeship under a renowned researcher, then went on to a journeyman position (aka post-doc) with another mentor. This model is an education in many dimensions- the technical ingredients of a craft, the management practices that make a successful organization, how to participate in a larger community that pursues socially important goals, and the discipline and moral integrity it takes to be a competent adult, capable of leadership.

Example of a certificate of attainment of mastery, 1927, for a bricklayer, attested by his mentors and examiners.

However, as a society, we are reluctant to make these kinds of investments in children and adolescents. Efficiency demands that class sizes be large, colleges impersonal, and money squeezed out of the system. Companies clamor for fully trained job candidates, expecting students to go into debt in trade schools before being hired into a paying job. Few young people get the kind of lengthy, personal training that they would most benefit from. Mentorship becomes a hazard of chance, if a boss in an early job takes an interest, or a teacher decides to make extra time.

Principally, I fault the corporate system, which has sloughed off its civic responsibilities to train people and propagate cultural knowledge. The economy is full of interesting and important jobs representing exquisite technical knowledge and other expertise. As a culture and economy, we are not going to maintain a high standard if we keep losing these skills and knowledge with every generation. Just look what has happened to the industries we have ceded to China. Innovation hubs like Silicon Valley are successful in part because training becomes a shared enterprise. New companies benefit from a large pool of experienced workers, who can switch between organizations with ease. No individual company carries the whole burden of training, but as companies become larger and more specialized, they have to take on the costs of training a larger proportion of their incoming employees. Yet they still benefit from the cross-fertilization of being in a highly skilled employment ecosystem.

To better serve young people, we need to make integration into corporate skills training more accessible and normal. The idea that students should be battling for unpaid internships is absurd and insulting- all internships should be paid, and they should be longer as well. The German trades system is an example, where companies and government cooperate in providing training to young people. The companies get a much better familiarity with future hires, who are also better trained. Many trades/sectors have a communal "training tax", which all companies pay, and which funds salaries to trainees and other training costs. This is one accomplishment of the union system in Germany, which is much stronger and better integrated into their industries than that in the US.

This model could be made more general in the US as a federal program, crossing all organizations in the public and private sector, funding internships and training for more students than is now done, setting up a more lengthy and regular apprenticeship system. The training/salary costs would grade over the first few years of employment from tax-supported to company-supported. Lowering the burden of a young first hire, both in financial terms and terms of knowing the candidates better, should encourage more hiring and more training by employers. 

Companies are often citadels of hermetic wisdom, when they are not going off the rails as predatory enterprises. Integrating more young people and an additional purpose of training into US corporate culture would counteract both of these problems, while helping the youth and preserving / propagating cultural knowledge more effectively.

• Mentoring, Shanghai style.
• Surrender Dorothy!
• Mini-me and the future of Ukraine.
• Free buses work.
• Crypto, on the other hand, remains a criminal enterprise.
• Biology is not so easy. Really.

The Submission Drive

Humans have a drive for social and intellectual submission, which is extremely dangerous.

There was a time when psychological "drives" were all the rage. The idea that humans have instincts much as other animals do was just entering the scientific consciousness, so finding and classifying them was an important task- the great work of figuring out the human unconscious, or subconscious. Drives for food, security, sex, dominance, and much else were found. Freud even elaborated a "death drive". But our current political epoch suggests another one- a submission drive.

To an independent minded scholar and skeptic, the behavior on the Republican side of the political spectrum is revolting. Falling all over themselves to fawn over a narcissistic megalomaniac? Check. Thinking nothing of flagrant corruption that makes Warren Harding look like a choir boy? Check. Explaining away gross incompetence and pointless cruelty across the entire policy space from economics to foreign policy? Check. What causes people to join and defend what amount to cults? For that matter, what causes people to join religions?

At one level, submission is eminently rational. Groups are always more powerful than individuals. The American archetype of the loner, the Clint Eastwood or John Wayne character riding alone to mete out justice and bucking the system- that is a fantasy. It is powerful precisely because it is so romantic and unrealistic. It is compensatory psychic food for the hemmed-in and submissive. In reality, the system always wins. Militaries win when they can gather up a bigger army than the other guys. Corporations win when they have bought all their competition and become the biggest on the block. Our social instincts lead us to join groups to gain power. 

But the submission drive seems to go way beyond this, allowing us to swallow alternate realities and even seek domination by others. An interesting form is when whole cultures convert their religion. Many times, such as during the colonial era, during the Christian conquests of Northern Europe, and during the Muslim conquests, the winning power foists its religion on another culture, a culture that grows quite rapidly to accept and adopt it as its own. Was one religion true-er or better than the other? Not at all. The new one is often significantly worse in many dimensions than the old. This is purely a power transaction where those who had submitted themselves to one archetype and narrative of cultural and supernatural power find themselves convinced that social and military coercion is a pretty important form of power too, perhaps signifying a new narrative that they should submit to. But once converted, the same psychic events happen. Leaders are idolized, scriptures are memorized, vestments are accessorized. In return, those who submit seek safety and guidance, buying into a (new) father figure archetype.

Joining a group inserts you into a hierarchy of domination. There are rewards for working your way up the ranks, being able to get others to serve you, having more influence and status. This most obvious in the military, with its obsession with colorful gradations, decorations, and uniforms. But it is true everywhere- in corporations, politics, organized crime, families. Submission is the price of entry, and it seems that to properly submit, one has to take on the a great deal more than just a signed contract. Members of organizations are constantly being tested for their loyalty, their buy-in to the ethics and goals of the organization, and its wider world-view. At IBM, they used to sing the company song. Modern corporate life is a complex compromise where some of the submittee's personal life is allowed to be separated from corporate control, and many boundaries are set by legal regime to prevent the organization from turning into a criminal entity and bar total domination of its employees, customers, business partners. 

However, other organizations are not so limited. Religion and politics are a bit less hemmed-in, and demand sometimes extraordinary kinds of fealty for the rewards on offer. In their variety of styles and cultures, they attract different temperaments of devotee. Overall, one has to say that people more prone to submission and participation in hierarchies tend to go to right-wing political, military, and religious organizations. Contrary to the cultivated image of hard-headedness and independence, conservatives turn out to submit more readily to domination by others. It is notorious that organizing Democrats is like herding cats. Likewise, university faculty tend towards independence and disorganization. Liberal churches are notoriously light on discipline and free with their theology. 

Conversely, Republican and conservative organizations spring up like weeds and have, aside from gobs of funding, remarkable discipline. The MAGA swoon for the current president is just one example of the lengths to which thought patterns can be bent in favor of the dominant leader of the moment. The corollary of greater mental submission by the followers is greater rewards and wider scope of action for the leaders. Making it to the top of such disciplined heap seems to turn psychology on its head, from submission to domination. Napoleon is a case study, working his way up the ranks, literally, to a position of ultimate power. Which promptly went to his head, causing him to veer in a conservative direction, and to wreck half of Europe. Cult leaders have time and again shown how poorly adapted we are to this much-sought after, but rarely successful, psychological transition.

The fascist/authoritarian moment that is glowering around the world has reactivated these extreme domination/submission dynamics, such as between Russia and Ukraine, and within so many far-right movements and the poitical systems they target. Fortunately, there are just fundamental temperamental barriers to the attractiveness of such movements, forcing them to take extra-legal measures if they are truly dedicated to overcome the resistence of the less submissive members of their societies.

• Much of this is drawn from a classic book, "Instincts of the Herd in Peace and War".
• Report card on the courts.
• Waymo is hitting the highway.
• Plastic.

The First Invasion by the US

History pre-peated itself in our 1775 invasion of Canada.

Rick Atkinson's enormous history of the American Revolutionary war is stuffed with fascinating detail. Some may not be entirely documentary in origin, but his color and flair are undeniable. Having but begun this long read, I was struck by an early episode, the invasion of Canada. The colonies had not quite yet declared independence, nor had they resolved the seige of British-occupied Boston. They were undersupplied, short of manpower, and still on shaky ground politically with a large loyalist population. Yet, they got it into their heads to storm Montreal and then Quebec in the middle of winter, 1775 to 1776, expecting to be greeted by adoring natives as liberators. The fact that our 47th president has once again threatened to invade Canada can be taken as evidence that the expedition did not go as expected.

Within the thirteen colonies, the revolution began in a promising landscape. British governors were hated up and down the Atlantic seaboard, many reduced to bobbing offshore on Navy vessels while they begged for reinforcements that might, in their imaginations, turn the population back in their favor. Rebel congresses were formed, including the Continental Congress, which from Lexongton and Concord onwards realized that it was more than a political body- it was also a military body, responsible for fending off British attempts to cow the colonists with superior naval might, well-trained troops, ability to raise mercenaries all over Europe, and reserves of good will with loyalists and Native Americans. 

But the US is nothing if not a land-greedy society, and the Continental Congress cast its eyes northward, imagining that the recently (fifteen years before) captured colony of New France might want to cast its lot with the American rebels rather than its British overlords. However the way they went about this project spoke volumes. Instead of sending diplomats, rabble-rousers, or writers, they sent an army. In all, about three thousand men tramped north to subjugate the province of Quebec. 

Map of the campaign.

A virtually undefended Montreal was successfully besieged, and surrendered in November, 1775. Quebec, to the north, was another matter, however. It was far more stoutly defended, well supplied, and had competent walls and entrenchments. Conversely, the Americans were farther from their bases, camped in miserable conditions in the middle of winter, beset by disease, and could not make headway against even modest resistance. When the first British relief ship sailed into the harbor after breakup on the St Lawrence, the jig was up, and the Americans fled in disarray.

Transport was awful, with a lot of portaging between rivers.

Meanwhile, the American rule over Montreal hardly won the US any friends either. The governor treated the inhabitants like enemies, even closing Catholic churches. Benjamin Franklin was sent North to awe the natives and save the situation in April 1776, but the time for diplomacy was long past. 

Does all this sound familiar? What starts with high hopes and condescension, looking to win hearts and minds with guns, ends up winning nothing at all. The Philippines, Vietnam, Iraq, Afghanistan.. one wonders whether the invasion of Quebec was ever taught to US military students, or remembered by its politicians.

• 100 years before, same story.
• The Covid vaccine fights cancer!
• Warfare and social growth.
• Voting systems literally owned by Republicans?
• Crypto, crime, corruption.

Gold Standard

The politics and aesthetics of resentment. Warning: this post contains thought crime.

I can not entirely fathom thinking on the right these days. It used to be that policy disputes occured, intelligent people weighed in from across a reasonable spectrum of politics, and legislation was hammered out to push some policy modestly forward (or backward). This was true for civil rights, environmental protection, deregulation, welfare reform, even gay marriage. That seems to be gone now. Whether it is the atomization of attention and thought brought on by social media, or the mercenary propaganda of organs like FOX news, the new mode of politics appears to be destructive, vindictive spite. A spiral of extremism.

It also has a definite air of resentment, as though policy is not the point, nor is power, entirely, but owning the libtards is the real point- doing anything that would be destructive of liberal accomplishments and ideals. We know that the president is a seething mass of resentments, but how did that transform alchemically into a political movement?

I was reading a book (Deep South) by Paul Theroux that provides some insight. It is generally a sour and dismissive, full of a Yankee's distain for the backwardness of the South. And it portrays the region as more or less third world. Time and again, towns are shadowed by factories closed due to off-shoring.  What little industry the South had prior to NAFTA was eviscerated, leaving agriculture, which is increasingly automated and corporatized. It is an awful story of regression and loss of faith. And the author of this process was, ironically, a Southerner- Bill Clinton. Clinton went off to be a smarty-pants, learned the most advanced economic theories, and concluded that NAFTA was a good deal for the US, as it was for the other countries involved, and for our soft power in the post-world war 2 world. The South, however, and a good deal of the Rust Belt, became sacrifice zones for the cheaper goods coming in from off-shore.

What seemed so hopeful in the post-war era, that America would turn itself into a smart country, leading the world in science, technology, as well as in political and military affairs, has soured into the realization that all the smart kids moved to the coasts, leaving a big hole in the middle of the country. The meritocracy accomplished what it was supposed to, establishing a peerless educational system that raised over half the population into the ranks of college graduates. But it opened eyes in other ways as well, freeing women from the patterns of patriarchy, freeing minorities from reflexive submission, and opening our history to quite contentious re-interpretation. And don't get me started on religion!

So there has been a grand conjunction of resentment, between a population sick of the dividends of the educational meritocracy over a couple of generations, and a man instinctively able to mirror and goad those resentments into a destructive political movement. His aesthetic communicates volumes- garish makeup, obscene ties, and sharing with Vladimir Putin a love of gold-gilded surfaces. To the lower class, it may read expensive and successful, but to the well educated, it reeks of cheapness, focusing on surface over substance, a bullying, mob aesthetic, loudly anti-democratic.

Reading the project 2025 plans for this administration, I had thought we would be looking at a return to the monetary gold standard. But no, gold has come up in many other guises, not that one. Gold crypto coins, Gold immigration card, Oval office gold, golden hair. But most insulting of all was the ordering up of gold standard science. The idea that the current administration is interested in, or capable of, sponsoring high quality personnel, information or policy of any kind has been thoroughly refuted by its first months in office. The resentment it channels is directed against, first and foremost, those with moral integrity. Whether civil servants, diplomats, or scientists, all who fail to bend the knee are enemies of this administration. This may not be what the voters had in mind, but it follows from the deeper currents of frustration with liberal dominance of the meritocracy and culture.

But what is moral integrity? I am naturally, as a scientist, talking about truth. A morality of truth, where people are honest, communicate in truthful fashion, and care about reality, including the reality of other people and their rights / feelings. As the quote has it, reality has a well-known liberal bias. But it quickly becomes apparent that there are other moralities. What we are facing politically could be called a morality of authority. However alien to my view of things, this is not an invalid system, and it is central to the human condition, modeled on the family. Few social systems are viable without some hierarchy and relation of submission and authority. How would a military work without natural respect for authority? And just to make this philosophical and temperamental system complete, one can posit a morality of nurture as well, modeled on mothering, unconditional love, and encouragement.

This triad of moralities is essential to human culture, each component in continual dynamic tension. Our political moment shows how hypertrophy of the morality of authority manifests. Lies and ideology are a major tool, insisting that people take their reality from the leader, not their own thoughts or from experts who hew to a morality of truth. Unity of the culture is valued over free analysis. As one can imagine, over the long run of human history, the moralities of nurture and authority have been dominant by far. They are the poles of the family system. It was the Enlightenment that raised the morality of truth as an independent pole in this system for the culture at large, not just for a few scholars and clerics. Not that truth has not always been an issue in people's lives, with honesty a bedrock principle, and people naturally caring whether predicted events really happen, whether rain really falls, the sun re-appears, etc. But as an organizing cultural principle that powers technological and thus social and cultural progress, it is a somewhat recent phenomenon.

It is notable that scientists, abiding by a morality of truth, tend to have very peaceful cultures. They habitually set up specialized organizations, mentor students, and collaborate nationally and internationally. Scientists may work for the military, but within their own cultures, have little interest in starting wars. It is however a highly competitive culture, with critical reviewing, publishing races, and relentless experimentation designed to prove or disprove models of reality. Authority has its place, as recognized experts get special privileges, and established facts tend to be hard to move. At risk of sounding presumptuous, the morality of truth represents an enormous advance in human culture, not to be lightly dismissed. And the recent decades of science in the US have been a golden age that have produced a steady stream of technological advance and international power, not to mention Nobel prizes and revelations of the beauty of nature. That is a gold standard. 

• The theme does strike a nerve.
• In the name of free speech, thought crime will be punished.
• The war against propaganda.
• How fun it is in a culture of cruelty.
• A great drying is taking place.
• Is there no limit to the corruption?
• 200 years of trains.

The Revenge of History

China's cyclical history and the practice of meta-politics.

I have been studying the basics of Chinese history, getting my dynasties straight. And one observation made by everyone is the cyclicity of this history- the way it swings between unity and division, rise and collapse. One might say, however, that the real through-line is that of strong-man rule. Whether during warring states or in a unified empire, there has never been democracy in China. The states may be small or large, but they are always run by the same principle- authoritarianism. Thus the political evolution of China has been more concerned with how to ameliorate authoritarianism, with Confucianism the major (and Taoism and Buddhism the minor) modes of an (aspirational) ethic of rule that is more humane than the legalist school of pure power.

For example, one can ask the question: Why in such an ancient culture with such a lengthy political tradition, could Mao and the communist party turn it all upside down in the 20th century? Clearly it was not quite the revolution that it seemed, bringing not another system, but another emperor to the throne, one of astonishing cruelty, who killed off roughly 1/20 to 1/10 of the population over his career.

China's history is certainly a retort to the "End of History" school of thought, which had hoped to find in Western-style democracy the final refuge of humanity. One that all people and nations would recognize and join after the collapse of the Soviet Union. Hopes were nurtured that Russia might find its way to democracy, as they were towards China as well, after we did so much to encourage its capitalist development. Neither were requited, and now we ourselves are slipping into the quicksand of authoritarianism. What is going on?

One can view the American founding as a sort of meta-politics, where the best and the brightest got together, not to wage a war for supremacy, but to conceive a system that would allow continuous political development without bloodshed. Make up a few rules, set a few precedents, and we were launched on a political voyage that only descended into civil war once, and otherwise has maintained a responsive and distributed system of political control. Such meta-politics attempts to evade "real" history, which is made up of naked contests for power. One can say that it "gamified" politics by taking it off the plane of warfare, and onto a more benign plane of electoral and civic argument. It has been a shining example of human efforts to rise above our base nature.

But there is a problem, which is that it is still a contest for power, and the more serious the participants, the more tempted they are to change the rules of the game, back to the naked forms of yore. It is only the revulsion of the public against defectors that can confine power to those willing to play by the game's rules. And that revulsion has steadily eroded over the recent decades. I would place the start of this process at Newt Gingrich, who first whipped his caucus into shape with a discipline that eliminated individual conscience, and who sharpened propaganda and flamethrowing into political art. The FOX-based media ecosystem has eviscerated truth and principle as political concepts, not to mention empathy, and now celebrates political criminality as a matter of course. We are at war.

Again, China has never known democracy, so its political culture vacillates merely between more or less benign autocracies. From the astonishingly brutal rule of the Qin, to the cosmopolitan states of the Tang and Song. The "mandate of heaven", which is to say, popular opinion, is important, but is usually expressed through the ability of a revolutionary strong man to gather support. Muslim political culture is similar, having few suggestions about how a ruler should be chosen, but assuming always that there will be a ruler. The overall theme is that, especially by the "realist" school of foreign policy, history and the normal course of events are composed of naked contests for power, won by the most ruthless, shameless, and cruel. The ideas of the enlightenment offered an end to this state of affairs, by making politics about what they should be about- the opinions of the governed- systematically and peacefully. But to do that, the opinions of the governed also need to be enlightened, capable of sanctioning a politician for breaching the rules of the game, even if that politician is on their side. And that is what is so clearly missing today, as we gradually slip back into history.

• A letter from China.
• How do they make it with so many losses? Tax fraud.
• Bill Mitchell on crypto.
• Russia's attitude towards peace.

My Religion is Star Trek

Denial of death and the origin of evil- Ernest Becker on religion.

I have always wondered about the purpose of clothes. Nudists obviously do as well. Sometimes you need to keep warm. But most of the time, clothes are a cultural convention full of signifiers of taste, status ... and something else. That something else is the illusion that we are not animals. Positively, absolutely, something wholly different and on another plane of existence. Not animals. 

Even a century and a half after Darwin explained that we are animals, there are plenty of people who cling to various stories of denial. But these stories have purposes that go well beyond this ontological illusion. Because not only are we animals, but we are animals without meaning. Animals that will die. That is, no meaning is given objectively. So just as we clothe our bodies with fabric, we clothe our spirits with illusions of meaning, for otherwise we could not live. 

I have been following a provocative podcast series, which spent a couple of episodes on Ernest Becker, a mid-20th century philosopher in the US. He posited that we all follow a religion, in the anthropological sense that we live in cultural structures that give us meaning. Structures that are fundamentally illusory, because there is no there there. Meaning has always been generated by us, for us, subjectively by our psychological proclivities for social connection and drama. We are psychologically adapted to make and seek meaning, though in the final analysis, however powerful they feel, these are all conjured, not given. Take Disney as an example. Many people get highly involved with, and take solace from, the narratives Disney puts out, in its parks, cruise ships, movies, merchandise, and other channels. Relentless provision of mechanically assembled archetypes and other psychological triggers that activate / soothe, inspire, and motivate apparently has a substantial market. 

While atheists take no end of potshots at the absurdities and hypocrisies of formal religions, they also live (and must live) in some sort of illusion themselves. The idea that learning and science makes for a more "objective" value system and life of meaning may be less absurd, but is no more objective. These values come with a rationale and a story, one of service to ultimately human ends of knowledge and betterment. But that doesn't make them true- just another set of values that must be gauged subjectively. And when measured by the ironic criterion of Darwinian success in promoting reproduction, they often turn out to be lacking. At the most basic level, getting through the day requires some kind of motivation, and that motivation, when it goes beyond the most animal requirements, requires meaning, which requires us to have some story that narrates a purpose to a life whose end is otherwise irredeemably meaningless. 

There is a problem, however, to Becker. The more enveloping and functional the narrative of meaning, the more any competing narrative becomes alien and threatening. Indeed, threatening narratives become evil. Thus Judaism became the nemesis of Christianity, and Catholicism that of Protestantism. If the meaning of our lives, in a spiritual and eternal sense, is devalued by another story that has competing status, there is no limit to our horror at its doctrines or our dehumanization of its adherents. Thence to crusades, religious wars, pogroms, and the delicately named "communal violence". The management of narratives of meaning thus is perhaps the most critical aspect of human affairs, as all religious leaders have known forever.

One can see the US civil war through this lens. The people of the South, wedded to slavery, justified it through their theology and culture. They were mortally offended by the busybodies of the North who dared cast aspersions on their moral narratives and justifications, not to mention their economic basis. Where "Uncle Tom's Cabin" may have broken through the indifference of Northern culture, it was met with outrage in the South- a stout defense of their powerful cultural and religious narratives. The conflict was spiritual and existential.

Becker did not have terribly novel solutions to the problems of meaning and counter-meaning. Just the meta prescription that arose in the enlightenment, secularism and in all the branches of modern psychology. Which is that understanding this dynamic and taking one's stories less seriously is the path to social peace. It may not be the path to optimal personal meaning, however. How do you compare the smorgasbord of Disney, mainline religion, Western Buddhism, science, and a thousand other sects and value systems to a traditional society with one church, one story, and one universe? The power of social and spiritual unity must have been tremendously validating and comfortable. So there has been a big tradeoff to get to our current state of social and spiritual innovation, plurality, and anomie. It is evident that our political moment is one of deep spiritual revanchism- of revulsion (by the more traditional-minded) against all this plurality, back towards a more benighted unity.

• Only Catholics go to heaven.
• Religious zealots have no clue whatsoever.
• Homelessness as a problem of affluence, gentrification, and too-good policing.
• But crime in DC? We know where that is.
• Cutting off our health to spite our libtards.
• The state of cars.

An Uneasy Relationship With the Air

Review of Airborne, by Carl Zimmer. 

The pandemic was tough on everyone. But it had especially damaging effects on the political system, and on its relationship to the scientific community. Now the wingnuts are in charge, blowing up the health and research system, which obviously is not going to end well, whatever its defects and whatever their motivations.

While the scientific community had some astounding wins in this pandemic, in virus testing and vaccine production, there were also appalling misses. The US's first attempt at creating a test failed, at the most critical time. We were asleep at the wheel of public health, again at the earliest time, in controlling travel and quarantining travelers. But worst of all was the groupthink that resisted, tooth and nail, the aerosol nature of viral transmission of Covid. That is, at the core, what Zimmer's book is about, and it is a harrowing story.

He spends most of the book strolling through the long history of "aerobiology", which is to say, the study of microbes in the air. There are the fungal spores, the plant pests, the pollen, the vast amount of oceanic debris. But of most interest to us are the diseases, like tuberculosis, and anthrax. The field took a detour into biowarfare in the mid-20th century, from which it never really recovered, since so much of that science was secret, and in its shadow, the sporadic earlier public studies that looked carefully into disease transmission by aerosols were, sadly, forgotten. 

So it became a commonplace at the CDC and other public health entities, among all the so-called infectious disease specialists, that respiratory viruses like influenza, colds, and coronaviruses spread not by aerosols, but by contact, surfaces, and large droplets. This made infection control easy, (at least in principle), in that keeping a few feet away from sick people would be sufficient for safety, perhaps plus surgical masks in extreme situations. There was a curious disinterest in the older studies that had refuted this concept, and little interest in doing new ones, because "everyone knows" what the virus behavior is.

It is hard to explain all this in purely scientific terms. I think everyone knew at some level that the true nature of respiratory virus transmission was not well-understood, because we clearly had not managed to control it, either in residential or in hospital settings. It is hard to grapple with invisible things, and easy to settle into conventional, even mythical, trains of thought. First there were miasmas, then there were Koch's postulates and contact by fluids. It was hard to come full circle and realize that, yes, miasmas were sort of a thing after all, in the form of aerosols of infectious particles. It was also all too easy to say that little evidence supported aerosol spread, since the work that had been done had been forgotten, and the area was unfashionable for new work, given the conventional wisdom.

Even more significantly, the implications of aerosol spread of viruses are highly unpleasant, even frightening. The air we need every minute of our lives is suspect. It is a bit like the relationship we have with food- deeply conflicted and fraught, with fears, excesses, and rituals. One has to eat, but our food is full of psychological valences, possible poisons, cultural baggage, judgement, libraries full of advice. No one really wanted to go there for air as well. So I think scientists, even those calling themselves infectious disease specialists, (of all things), settled into a comfortable conventional wisdom, that droplets were the only game in town.

But what did this say about the larger research enterprise? What did it mean that, even while medical/bio research community was sequencing genomes and penetrating into obscure and complex regions of molecular biology, we had not done, or at least not appreciated and implemented, the most basic research of public health- how infectious diseases really spread, and how to protect people from them? It constituted gross negligence by the medical research community- no two ways about it. And that appears to have caused the public at large to question what on earth they were funding. A glorious enterprise of discovery, perhaps, but one that was not very focused on actual human health.

A timeline of research/policy

• Sprawling work on airborne infection in 1955. 

• Earliest glimmer in latest pandemic, May 2020. 

• Deeper followup, October 2020.

• Even deeper followup, August 2021. Later, 2023.

• Critics still can not believe aerosol spread, November, 2022.

• Hospital HVAC requirements currently go to MERV 8, not enough.

• Current CDC guidance mentions aerosols only from "procedures", not from people, though masks are recommended.

Aerosol spread of disease requires two things- that aerosols are produced, and that the infectious microbes remain infectious while in those aerosols. The former is clear enough. We sneeze, after all. Even normal breathing creates fine aerosols. The latter is where scientific doubt has been more common, since many viruses are not armored, but have loose coats and membranes derived from our own, delicate cells. Viruses like HIV don't survive in aerosols, and don't spread that way. But it turns out that Covid viruses have a half life of about two hours in aerosols. 

The implications of that are quite stunning. It means that viruses can hang around in the air for many hours. Indoor spaces with poor ventilation- which means practically all indoor spaces- can fill up with infectious particles from one or a few infected people, and be an invisible epidemic cloud. No wonder everyone eventually got Covid. 

What to do about it? Well, the earliest aerobiology experiments on infectious disease went directly to UV light disinfection, which is highly effective, and remains so today. But UV light is dangerous to us as well as microbes, so needs to be well-shielded. As part of an air handling system, though, UV light is an excellent solution. Additional research has found that far-UV, at 222 nm, is both effective against airborne microbes and safe for human eyes and skin, creating an outstanding way to clear the air. Another approach is HEPA filtration of air, either as part of an air handling / exchange system, or as stand-alone appliances. Another is better ventilation overall, bringing in more outside air, though that has high energy costs. Lastly, there are masks, which are only partially effective, and the place no one really wants to go. But given a lack of responsibility by those in charge of our built environment, masks are the lowest common denominator- the one thing we can all do to protect ourselves and others. And not just any mask, but the N95 high-quality filtration mask or respirator.

The pandemic threw some sharp light into our public institutions. We sequenced these viruses in a hurry, but couldn't figure out how they spread. We created vaccines in record time, but wasted untold effort and expense on cleaning surfaces, erecting plexiglass shields, and demanding masking, rather than taking responsibility for guarding and cleaning public air spaces in a more holistic way. It is a disconcerting record, and there remains quite a bit yet to do.

• Poor (and personalized) policy means poor science and poor vaccines.
• Department of injustice and thought crime.
• Who needs new music?
• Putin and money.
• Another argument for public schools.
• Another biological thing that didn't exist, until it did- lymph drainage in the brain.
• No wonder no one wants to become a primary care physician.
• The Japanese ice age.

Impeachment is Inevitable

Whether congress wants to or not, it will be forced to defend its role in government.

Looking out over the incredible destruction the new president has already wrought at home and abroad, it is hard to see this continuing for a full four-year term. There is a honeymoon now, and a shock campaign. There is delirium in hard-right circles that their fondest dreams of rampant chaos in the bureaucracy, with racism and fascism ascendant, are coming true. But there will come a time when the costs begin to appear, the appetite for dysfunction will wane, and the tide turns. Congress has small Republican margins, and it won't take many members to face up to our rapidly expanding constitutional crisis.

Maybe I am spinning a fantasy here, but one thing seems certain. The current president is constitutionally (pardon the expression) unable to follow directions. His oath of office was barely out of his mouth before he started violating the constitution and running roughshod over the explicit authorizations and appropriations of Congress. Not to mention direct assertions that the constitution doesn't mean what it plainly says, about birthright citizenship. This is not going to stop, and the only way our system of government is going to survive is that the other branches, specifically congress, use their powerful tools to reset the balance.

Article 2

Harder to judge are the attitudes of the congresspeople who are on the spot. The Republicans have largely rolled over in approving the first, abysmal slate of cabinet nominees. Again, there is a honeymoon of sorts. Party discipline is particularly strong on the conservative side, and the president has eagerly used his tools of intimidation and hatred to obtain obedience. So it is hard to say when they will crack. But as the functions of government degrade, the country is laughed at and reviled around the world, the economic damage accumulates, and constituents line up to complain, the equation will change. And anyhow, they would merely be elevating the vice president, who is hardly an opponent of their ideological aims, and is part of the Senate community (however disliked on both sides). So impeachment becomes a much less imposing action than it might otherwise be. 

As they say, the third time's the charm!

• Presidents day.
• Oh the irony. Science comes up with a vaccine that saves millions, who turn into idiots.

The Climate is Changing

Fires in LA, and a puff of smoke in DC.

An ill wind has blown into Washington, a government of whim and spite, eager to send out the winged monkeys to spread fear and kidnap the unfortunate. The order of the day is anything that dismays the little people. The wicked witch will probably have melted away by the time his most grievous actions come to their inevitable fruition, of besmirching and belittling our country, and impoverishing the world. Much may pass without too much harm, but the climate catastrophe is already here, burning many out of their homes, as though they were made of straw. Immoral and spiteful contrariness on this front will reap the judgement and hatred of future generations.

But hasn't the biosphere and the climate always been in flux? Such is the awful refrain from the right, in a heartless conservatism that parrots greedy, mindless propaganda. In truth, Earth has been blessed with slowness. The tectonic plates make glaciers look like race cars, and the slow dance of Earth's geology has ruled the evolution of life over the eons, allowing precious time for incredible biological diversification that covers the globe with its lush results.

A stretch of relatively unbroken rain forest, in the Amazon.

Past crises on earth have been instructive. Two of the worst were the end-Permian extinction event, about 252 million years ago (mya), and the end-Cretaceous extinction event, about 66 mya. The latter was caused by a meteor, so was a very sudden event- a shock to the whole biosphere. Following the initial impact and global fire, it is thought to have raised sun-shielding dust and sulfur, with possible acidification, lasting for years. However, it did not have very large effects on CO2, the main climate-influencing gas.

On the other hand, the end-Permian extinction event, which was significantly more severe than the end-Cretaceous event, was a more gradual affair, caused by intense volcanic eruptions in what is now Siberia. Recent findings show that this was a huge CO2 event, turning the climate of Earth upside down. CO2 went from about 400 ppm, roughly what we are at currently, to 2500 ppm. The only habitable regions were the poles, while the tropics were all desert. But the kicker is that this happened over the surprisingly short (geologically speaking) time of about 80,000 years. CO2 then stayed high for the next roughly 400,00 years, before returning slowly to its former equilibrium. This rate of rise was roughly 2.7 ppm per 100 years, yet that change killed off 90% of all life on Earth. 

The momentous analysis of the end-Permian extinction event, in terms of CO2, species, and other geological markers, including sea surface temperature (SST). This paper was when the geological brevity of the event was first revealed.

Compare this to our current trajectory, where atmospheric CO2 has risen from about 280 ppm at the dawn of the industrial age to 420 ppm now. That is rate of maybe 100 ppm per 100 years, and rising steeply. It is a rate far too high for many species, and certainly the process of evolution itself, to keep up with, tuned as it is to geologic time. As yet, this Anthropocene extinction event is not quite at the level of either the end-Permian or end-Cretaceous events. But we are getting there, going way faster than the former, and creating a more CO2-based long-term climate mess than the latter. While we may hope to forestall nuclear war and thus a closer approximation to the end-Cretaceous event, it is not looking good for the biosphere, purely from a CO2 and warming perspective, putting aside the many other plagues we have unleashed including invasive species, pervasive pollution by fertilizers, plastics and other forever chemicals, and the commandeering of all the best land for farming, urbanization, and other unnatural uses. 

CO2 concentrations, along with emissions, over recent time.

We are truly out of Eden now, and the only question is whether we have the social, spiritual, and political capacity to face up to it. For the moment, obviously not. Something disturbed about our media landscape, and perhaps our culture generally, has sent us for succor, not to the Wizard who makes things better, but to the Wicked Witch of the East, who delights in lies, cruelty and destruction.

• The oligarchy is upon us. Oh, and they will help the working class!
• The attention economy.
• Which distorts our public understandings.
• Good coverage will never win in the attention economy.
• Keep Greenland white!

A Housing Guarantee

A proposal for an updated poor house.

I agree with MMT economists who propose a job guarantee. That would put a floor on the labor market with an offer to anyone who wants to work for a low, but living wage, probably set below the minimum wage mandated for the private sector. State and local governments would run cleanups, environmental restoration, and care operations as needed, requiring basic discipline and effort, but no further skills. But they could use higher skilled workers as they come along for more beneficial, complex tasks.

Similarly, I think we could offer a housing guarantee, putting a floor on homelessness and misery. In the state of California, homelessness is out of control, and we have not found solutions, despite a great deal of money spent. Housing in the private market is extremely expensive, far out of reach of those with even median incomes. The next level down is housing vouchers and public housing, of which there are not enough to go around, and which is extremely expensive. And below that are shelters, which are heavily adverse settings. They are not private, chaotic, unpleasant, meant to be temporary, can be closed much of the time. And they also do not have enough space. 

A local encampment, temporarily approved during the pandemic under the freeway.

As uncompassionate as it sounds, it is unacceptable, and should be illegal, for public spaces to be commandeered by the homeless for their private needs. Public spaces have many purposes, specifically not including squatting and vagrancy. It is a problem in urban areas, because that is where people are, and where many services exist at the intersection of public and private spaces- food, bathrooms, opportunities to beg, get drugs, etc. Just because we have been, as governments and citizens, neglectful of our public spaces, does not mean we should give them over to anyone who wants to camp on them. I was recently at San Francisco city hall and the beautiful park surrounding it. But at lunch time, I realized that there was nowhere to sit. The plague of homelessness had rendered park benches untenable. We deserve to keep these public spaces functional, and that means outlawing the use of public spaces by the homeless. At the same time, provision must be made for the homeless, who by this policy would have nowhere to go in fully zoned areas. Putting them on busses to the next town, as some jurisdictions do, is also not a solution. As a rich country, we can do more for the homeless even while we preserve public spaces.

I think we need to rethink the whole lower end of housing / shelter to make it a more regular, accessible, and acceptable way to catch those who need housing at a very basic level. The model would be a sort of cross between a hostel, an SRO (single room occupancy hotels) and army barracks. It would be publicly funded, and provide a private room as well as food, all for free. It would not throw people out, or lock them in.

This poor house would not demand work, though it would offer centralized services for finding jobs and other places to live. It would be open to anyone, including runaway teens, battered women, tourists, etc. It would be a refuge for anyone for any reason, on an unlimited basis. The space and the food would be very basic, motivating clients to seek better accommodation. It would be well-policed and its clients would have to behave themselves. The next step down in the ladder of indigent care would not be homelessness, which would be outlawed in areas offering this kind of poorhouse, but would be institutionalization, in increasingly stringent settings for either criminal or mental issues. 

Such a poor house might become a community center, at least for the indigent. It would be quite expensive, but given the level of inequality and lack of care for people in various desperate straits, we need to furnish a humane level of existence between the market housing system and institutionalization. Why not give everyone a house? That is neither financially practical, nor would that co-exist well with the market housing system. Certainly, more housing needs to be built and everything done to bring prices down. But to address the current issues, stronger housing policy is needed.

Why not go back to a public housing model? It turned out that public housing was somewhat unrealistic, promising far more than it could deliver. It promised fully functional neighborhoods and housing, pretty much the equivalent of market housing, but without the ongoing discipline from the market via private financial responsibility by the residents or from the programs via their bureaucratic structures and funding, to follow through on the long term. The public authorities generally took a hands-off approach to residents and their environment, in line with the (respectful) illusion that this was the equivalent of market housing. And the long-term is what counts in housing, since it is ever in need of repair and renovation, not to mention careful use and protection by its residents. Building is one thing, but maintaining is something quite different, and requires carefully though-out incentives. 

With a public poorhouse model, the premises and residents are extensively policed. Individual rooms may descend to squalor, but the whole is built, run and maintained by the public authorities with intensive surveillance and intervention, keeping the institution as a whole functioning and growing as needed for its mission. There is going to be a sliding scale of freedom vs public involvement via financing and policing. The less functional a person is, the more control they will have to accept. We can not wash our hands of the homeless by granting them "freedom" to thrash about in squalor and make dumps of public spaces.

• Or you could join the squid game.
• Economic policy should not be about efficiency alone, let alone rewarding capital and management, but about long-term cultural and environmental sustainability.
• Could AI do biology?
• Carter was an evangelical. But that was a different time.

Money For Nothing: Two Views of Crypto

Is crypto more like gold or a simple scam?

I have to confess some perplexity over crypto. Billed as currencies, they are not currencies. Billed as securities, they are not securities, either. They excite a weird kind of enthusiasm in libertarian circles, in dreams of asocial (if not anti-social) finance. From a matter of fringe speculation, they are migrating into the culture at large, influencing our politics, and becoming significant economic actors, with a combined market cap now over three trillion dollars. For me, there are two basic frames for thinking about crypto. One is that they are like gold, an intrinsically worthless, but attractive object of fascination, wealth storage, and speculation. The other is that they are straight Ponzi schemes, rising by a greater-fool process that will end in tears.

Currencies are forms of money with particular characteristics. They are widely used among a region or population, stable in value, and easy to store and exchange. They are typically sponsored by a government to ensure that stability and acceptance. This is done in part by specifying that currency for incoming taxes and outgoing vendor and salary payments. They are also, in modern systems, managed elastically, (and intelligently!), with ongoing currency creation to match economic growth and keep the nominal value stable over time. Crypto entities would like to be currencies. However, they have far from stable value, are not easy to work with, and are not widely used. Securities, on the other hand, have a basis in some kind of collateral (i.e. the "security" part) like business ownership, a contract of bond interest payments, etc. Crypto does not have this either. Crypto has only its own scarcity to offer, a bit like cowrie shells, or gold. Crypto entities are not investments in productive activity. Indeed, they foster the opposite, as their only solid use case has been, at least to date, facilitating crime, as demonstrated by the ransomware industry, which asks to be paid in Bitcoin.

So how about gold? Keynes railed against gold as the most useless, barbaric form of wealth, inducing people to dig holes in the earth and cause environmental degradation. And for what? A shiny substance that looks good, and is useful in a few industrial applications, but mostly was, at the time, held by governments in huge vaults, notionally underpinning their currency values. Thankfully we are past that, but gold still holds fascination, and persists as a store of value. Gold can be held in electronic forms, making it just as easy to hold and transfer as crypto entities, if one is so-inclined. Critically, however, gold is also physical, and humanity's fascination with it is innate and enduring. Thus, after the apocalypse, when the electricity is off and the computers are not connected anymore, gold will still be there, ready to serve as money when crypto has evaporated away. 

Bitcoin barely recovered from an early crisis. 

How durable is the fascination with crypto, as a store of wealth, or for any other purpose, under modern, non-apocalyptic conditions? Bitcoin is the grand-daddy of the field, and seems to have achieved dominance, certainly the field of criminal money laundering and transfer, as well as libertarian speculation. It appears to have a special mystique, whether from the blockchain, its "mining" system, or its mysterious pseudonymous founder. The other forms of crypto range from respectible to passing memes. There is a fascinating competition in the attention space that constitutes the crypto markets. Since they do not have intrinsic value, nor governmental buy-in, they float entirely on buyer sentiment, in a greater-fool cycle of rises and falls. Crashes in the stock market are halted by fundamental value of the underlying asset. As the speculative fervor wanes, vultures step in to, at worst, liquidate the assets. But for crypto, there are no assets. No fundamental value. So crashes can and do go to zero.

There are also external factors, like the fact that many crypto entities have been outright scams, or the environmental costs of Bitcoin, or their facilitation of criminality, which may eventually draw popular and regulatory scrutiny. Boosters have been trying to get the Federal Reserve and other validating entities to buy into the crypto craze, and political contributions from newly crypto-riche holders and exchanges have transformed the landscape to one that seems increasingly sympathetic, especially on the Republican side. Thankfully, the smaller memecoins have market caps in the low millions, so do not present a threat as yet to the financial system, in the almost certain event of their evaporation once each meme passes. This blasé acceptance of "securities" that are pure schemes of speculation is a sad commentary on our current age. The sophisticated investor of today would not study corporate efficiency, market prospects, or finances. He or she would be conversant in current memes on social media, ready to jump on the newest one, and sensitive to the withering of older memes, in an endless conveyor belt of booms and busts. 

It is weird how people fail to learn the lessons of the past, from the tulip craze and other speculative booms. Where there is no value, there is likely to be a very deep crash. The libertarians among us, who may have been gold bugs in the past and now have flocked to the new world of crypto, may represent a psychological type that is ineradicable, so motivated to ditch the humdrum official currency for anything that offers a whiff of notional independence, (though being tethered to the new crypto infrastructure of exchanges and wallets is not for the faint of heart or independent-minded), that they can float these crypto entities indefinitely. But in the absence of deeper value, might their psychologies change to those of hawkers who get in at the ground floor and make out, while the schlubs who buy at the top are left holding the bag? It comes down to human psychology in the end- what is personally and socially valuable, who you think your counterparts are on the other ends of all these trades, and who (and what sort of motivation) is making up the institutions and communities of crypto.

• Star Trek was fighting the cold war.

Capitalism on the Spectrum

Prospects for the new administration.

Political economics can be seen as a spectrum from anarchic gangsterism (Haiti) to total top down control such as in communism (Cuba, North Korea). Neither works well. Each end of this spectrum ends up in a state of terror, because each is unworkable on its own terms. Capitalism, in its modern form, is a compromise between these extremes, where free initiative, competition, and hierarchical relations (such within corporations) are allowed, while regulation (via the state and unions) makes humane what would otherwise a cutthroat system of gangsterism and corruption. The organization and stability allowed by state-sponsored legal systems raises system productivity far above that of the primeval free-for-all, while the regulatory rules also make it bearable to its participants- principally the workers. The magic comes from a dynamic balance between competition and guardrails to keep that competition focused on productive ends (that is, economic/business competition), rather than unproductive ones (war, assassination, corruption, capture of the state, etc.)

The new Trump administration promises to tear up this compromise, slash regulations, and cut government. That means that the workers that voted for this administration, and who are the primary beneficiaries of the regulatory state, will be hurt in countless ways. The grifting nature of so many in this incoming administration is a blazing alarm to anyone who pays attention. Whether it is stiffing workers, bloviating on FOX, hawking gold sneakers, making a buck off of anti-vax gullibility, defrauding the government of taxes, promoting crypto, or frankly asking for money in return for political favors like petroleum deregulation, the stench of corruption and bad faith is overwhelming. Many of them, starting from the top, see capitalism as a string of scams and frauds, not exactly Milton Friedman's vision of capitalism. An administration of grifty billionaires is unlikely to rebuild US manufacturing, help workers afford housing, or fulfill any of the other dreams of their voters. Indeed, a massive economic collapse, on the heels of bad policy such as crypto deregulation, or a world-spanning trade war, is more likely, and degraded conditions for workers all but certain.

Freedom for capitalists means permission for companies to abuse workers, customers, the environment, the law, and whatever else stands in the way of profit. We have been through this many times, especially in the gilded age. It can spiral into anarchy and violence when business owners are sufficiently "free" from the fetters of norms and laws. When the most powerful entities in the economy have only one purpose- to make money- all other values are trampled. That is, unless a stronger entity makes some rules. That entity can only be the government. It has been the role of governments from time immemorial to look to the long term interests of the collective, and organize the inherent competition within society into benign and productive pursuits.

OK, more than a little ironic, but you get the idea.

On the other hand, there is a problem even at the golden mean of governmental rule-making over the capitalistic free-for-all, which is that the quality of the rule makers and their rules, their attention to real conditions, and their prompt decision making, all can decline into bureaucratic inertia. While this may not be a Stalinist system of top-down planning and terror, it still can sap the productive energies of the system. And that is what we have been facing over the last few decades. For instance, there is the housing crisis, where home construction has not kept up with demand, mostly due to zoning stasis in most desirable places in the US, in addition to lagging construction after the 2008 financial and real estate crisis. Another example is public infrastructure, which has become increasingly difficult to build due to ever-mounting bureaucratic complexity and numbers of stakeholders. The California high speed rail system faces mountainous costs and a bogged-down legal environment, and is on the edge of complete inviability.

Putting rich, corrupt, and occasionally criminal capitalists at the head of this system is not, one must say, the most obvious way to fix it. Ideally, the Democrats would have put forward more innovative candidates in better touch with the problems voters were evidently concerned with. Then we could have forged ahead with policies oriented to the public good, (such as planetary sustainability and worker rights), as has been the practice through the Biden administration. But the election came up with a different solution, one that we will be paying for for decades. And possibly far worse, since there are worse fates than being at a well-meaning, if sclerotic, golden mean of governmental regulation over a largely free capitalist system. Hungary and Russia show the way to "managed democracy" and eventual autocracy. Our own history, and that of Dickensian Britain, show the way of uncontrolled capitalism, which took decades of progressivism, and a great depression, to finally tame. It would be nice to not have to repeat that history.

• Daniel P. Moynihan was for the job guarantee.
• Housing in New Zealand.
• Nature's key scientists of 2024.
• A grumpy Krugman signs off.
• Notes on crypto and its grifting community.
• Who is for workers?
• MAGA to kill off the greatest public health advance, ever.