Thursday, September 29, 2022

Three myths used by the ultra-wealthy

 Robert Reich breaks it down

  1. The first is trickle-down economics. 
  2. The second myth is the “free market.” 
  3. The third myth is that they’re superior human beings 
For over forty years, as wealth at the top has soared, almost nothing has trickled down. Adjusted for inflation, the median wage today is barely higher than it was four decades ago. In reality, the super-wealthy don’t create jobs or raise wages. Jobs are created when average working people earn enough money to buy all the goods and services they produce, forcing companies to hire more people and pay them higher wages.

The market can induce great feats of invention and entrepreneurialism with lures of hundreds of thousands or even millions of dollars — not billions. And as to the rest of us succumbing to labor-replacing globalization and labor-saving technologies, no other advanced nation has nearly the degree of inequality found in the United States, yet all these nations have been exposed to the same forces of globalization and technological change. 
In reality, the ultra-wealthy have rigged the so-called “free market” in America for their own benefit.

Six of the 10 wealthiest Americans alive today are heirs to fortunes passed on to them by wealthy ancestors.
Others had the advantages that come with wealthy parents. Jeff Bezos’ garage-based start was funded by a quarter-million dollar investment from his parents. Bill Gates’s mother used her business connections to help land a software deal with IBM that made Microsoft.
Elon Musk came from a family that reportedly owned shares of an emerald mine in Southern Africa.

Tuesday, September 20, 2022

One Solution Could Help

 According to Sam Bowman & John Myers & Ben Southwood fixing the housing problem could fix lots of other things with which people struggle.

“Try listing every problem the Western world has at the moment,” they wrote. From Covid to slow economic growth to climate change to falling fertility, they all had one root cause in common: “A shortage of housing: too few homes being built where people want to live.”

 

Their argument was as simple as it was true: So long as housing supply remains constrained in the most economically productive cities in the US, so would the country's potential. Whatever else the US wanted to do — solve climate change, reduce economic inequality, make it easier for people to have as many children as they wanted — fixing the long-running housing problem had to come first. Everything else was just hot air.


Election Deniers in office

 Robert Reich gets to the meat of it.

The commitment to be bound by the results of an election is the most important commitment in a democracy. It is also the most important qualification for public office. It is the equivalent of an oath to uphold the Constitution.

Candidates who refuse to commit to being bound by the results of elections should be presumed disqualified to hold public office.

Monday, September 12, 2022

How to argue

 These are some tips from the debate experts.

First, know when to engage. Arguments, Seo reminds us, are “easy to start and hard to end.” For a dispute to go well, it should be real, important and specific. You need to have a point to make, not just an emotional conflict or complaint to air. If someone has hurt you, figure out why; that becomes a real basis for argument.

Next, pause to consider how important that point is and whether it’s worth arguing over. Finally, stick to the specific dispute at hand so that the argument doesn’t expand or spiral. If the disagreement really is over the dishwasher (and look, there’s often cause), don’t let it become a referendum on your marriage.

know what it is you’re arguing about. To begin, determine the fact, judgment or prescription that you would like someone else to accept. Let’s say it’s “Jen is a team player.” In order to make that claim, add the word “because” and give your reason (“because she involves everyone in the department”). From there, you offer substantiation and evidence to back it up. (“She always goes around the room.” “She checks in with her crew weekly.”) That’s making your case.

Importantly, showing how someone else is wrong isn’t the same thing as being correct yourself. In debate, tearing down the other team doesn’t necessarily prove your team is in the right, nor is it likely to persuade anyone who didn’t agree with you in the first place. “No amount of no is going to get you to yes,” one of Seo’s coaches once told him.

Finally, never let a bully dictate the terms of debate. If faced with a brawler — someone whose aim is, as Seo puts it, “not to persuade but to silence, marginalize and break the will of their opponents” — your only hope is to restore the structure of the debate. In other words, see above.

Friday, September 09, 2022