Category: Economics

Cashing inCashing in

Tetman Callis 0 Comments 6:59 am

“Most of the Galician Jews, like Polish Jews residing in the General Government, died in the course of 1942 after spending months isolated from the rest of the population in ghettos created on Nazi orders. Acting on instructions of German police commanders, the Jewish and Ukrainian police rounded them up and shipped them to extermination camps. Motivated more often by greed than anti-Semitism, locals often tried to take advantage of the misfortunes of their Jewish neighbors, either denouncing them to the authorities or seizing their property. But the majority simply looked the other way.” – Serhii Plokhy, The Gates of Europe

A fine-looking bunchA fine-looking bunch

Tetman Callis 0 Comments 5:59 am

“By early October 1939, the Polish army had ceased to exist . . . . The Red Army, which was no match for the Germans in mechanization, demonstrated its superiority to the Polish troops in the quality of its armaments, which included new tanks, aircraft, and modern guns—all products of Stalin’s industrialization effort. But to the surprise of many, the Soviet officers and soldiers were often badly dressed, poorly fed, and shocked by the relative abundance of food and goods in the Polish shops. The locals found Soviet officers ideologically indoctrinated, uncultured, and unsophisticated. For years, they would tell and retell stories about the wives of Red Army officers who allegedly attended theaters in nightgowns, believing them to be evening dresses.” – Serhii Plokhy, The Gates of Europe

Dictatorship of the proletariatDictatorship of the proletariat

Tetman Callis 0 Comments 6:21 am

“The ‘Russian revolutionary sweep’ that Stalin wanted to combine with American efficiency came to Dniprohes with tens of thousands of Ukrainian peasants unqualified to do the job but eager to make a living. The number of workers employed in the construction of the dam and the electric power station grew from 13,000 in 1927 to 36,000 in 1931. The turnover was extremely high, even though the Soviets abandoned the earlier policy of equal pay for all categories of workers, and the top managers received up to ten times as much as unqualified workers; qualified workers made three times as much as the latter. Peasants had to turn into workers not only by learning trades but also by getting accustomed to coming in on time, not taking breaks at will, and following the orders of their superiors. It was a tall order for many new arrivals at the construction site of communism. In 1932, the Dniprohes administration hired 90,000 workers and released 60,000.” – Serhii Plokhy, The Gates of Europe

Just another industryJust another industry

Tetman Callis 0 Comments 6:45 am

“Courts acknowledge that running a prison is an inordinately difficult undertaking that requires expertise, planning, and the commitment of resources, all of which are peculiarly within the province of the legislative and executive branches of government. Courts must therefore accord substantial deference to the professional judgment of prison administrators, who bear a significant responsibility for defining the legitimate goals of a corrections system and for determining the most appropriate means to accomplish them.” – Judge Matthew F. Kennelly, Koger v. Dart (internal quotes and citations omitted)

Children of the lesser godsChildren of the lesser gods

Tetman Callis 0 Comments 6:34 am

“Utopianism isn’t hope, still less optimism: it is need, and it is desire. For recognition, like all desire, and for the specifics of its reveries and programmes, too; and above all for betterness tout court. For alterity, something other than the exhausting social lie. For rest. And when the cracks in history open wide enough, the impulse may even jimmy them a little wider.” – China Miéville, “We Are All Thomas More’s Children”

Not the building of wallsNot the building of walls

Tetman Callis 0 Comments 6:20 am

“Cosmopolitanism is not a tribal trait; it is a virtue, as much as courage or honesty or compassion. Almost without exception, the periods of human civilization that we admire as we look back have been cosmopolitan in practice; even those, like the Bronze Age, that we imagine as monolithic and traditional turn out to be shaped by trade and exchange and multiple identity.” – Adam Gopnik, “Being Honest About Trump”

Same as a modern political partySame as a modern political party

Tetman Callis 0 Comments 6:15 am

“Unlike the masters of other great empires, the Mongols contributed little to the civilizations that came after them. They adopted the cultures of their subjects and when their empire disintegrated the world forgot them, but they had altered the course of history and they had left it scarred. Russia was torn away from Europe, and when the Mongols abandoned it after two hundred years it was feudal and backward. Poland and Hungary were so devastated that they never emerged to play their part in the renaissance that followed in the west. Bulgaria, like Russia, was isolated and then fell to the Ottoman Turks, whom the Mongols had driven out of Khwarizm and who were one day to stand on the banks of the Danube as the Mongols had done. The lands that once nurtured the great civilizations of the Persians were returned to the desert and they have never recovered. Wherever the Mongols rode they left an irretrievably ruined economy and wherever they ruled they left a petty, self-important aristocracy and an exploited peasantry.” – James Chambers, The Devil’s Horsemen

The good artist borrows, the best artist stealsThe good artist borrows, the best artist steals

Tetman Callis 0 Comments 6:17 am

“No one owns anyone’s culture, and that to believe otherwise is to deprive us of the human fullness and richness we all deserve. To reconcile this insight with an equally compelling American truth—that racial injustice is our inheritance and our responsibility—is the challenge for every artist and critic, black or white.” – George Packer, “Race, Art, and Essentialism”

Let not their name be legionLet not their name be legion

Tetman Callis 0 Comments 6:47 am

“Ought we to make as many friends as possible? Or will the mot juste about hospitality, ‘not too many guests, nor yet none,’ also fit friendship in the sense that a person should neither be friendless nor have an excessive number of friends? The saying would seem to fit exactly those who become friends with a view to their mutual usefulness. To accommodate many people in return for what they have done to us is troublesome, and life is not long enough to do that. Accordingly, more friends than are sufficient for one’s own life are superfluous and are an obstacle to the good life, so that there is no need of them. To give us pleasure a few friends are sufficient.” – Aristotle, Nicomachean Ethics, Book 9, Ch. 10

It’s called racismIt’s called racism

Tetman Callis 0 Comments 5:35 am

“Police killings of unarmed black children, indifference to providing clean drinking water to a majority-black city, or efforts to curtail the voting rights of minority citizens are not freak incidents but outbreaks of a chronic national disease.” – Nathaniel Rich, “James Baldwin & the Fear of a Nation”

Drilling downDrilling down

Tetman Callis 0 Comments 5:55 am

“If it were in my power to change the mercantile laws of literary society, I could easily spin out my existence writing and rewriting the same story in the hope that I might end up understanding it and making it clear to others.” – Ignazio Silone (quoted by Dorothy Day in The Catholic Worker, January 1968)

We get what we wantWe get what we want

Tetman Callis 0 Comments 5:38 am

“If we value democracy, if we want to live in a world marked by a vibrant public sphere that can generate the possibilities of hope and human betterment, then we need futures. Without futures, and without serious propositional clashes between different materialized futures, we have no politics, and we have no democracy. We merely have millimetric policy disputes that end up as the technocratic attending to marginally different versions of the status quo.

“We can sense these dangers at the moment when we look at the state of our increasingly illiberal democracies. The problems mount: from climate change to spiraling inequality; from crumbling infrastructure to a surveillance state that has no bounds. Yet, our political culture is fixed and frozen.

“As such, we find ourselves in a culture that can happily spend $250 million dollars per Hollywood movie to create the next sci-fi fantasy but finds it is beyond its imaginative capacities to design superb, sustainable, public housing. We can build fabulously elaborate multiplayer online fantasy games, where gamer avatars can have sex with their elf girlfriends, but providing web platforms that give working people more democratic control over their workplace is a fantasy too far. The potential of self-driving cars or the rise of Artificial Intelligence can be endlessly debated. But the idea that we might be able to regulate our financial institutions is presented as a process as mysterious, dangerous and futile as the attempt to locate Lord Voldermort’s horcruxes.

“Yes, there are future visions still engaged with in mainstream political debate. But what are they: The endless continuation of the neo-liberal present; apocalyptic modes of environmentalism; dystopian fears of the return of the caliphate. We can do much better than that.” – Damian White, “Critical Design and the Critical Social Sciences”

Making the world go ’roundMaking the world go ’round

Tetman Callis 0 Comments 6:14 am

“Supply is supply, and demand is demand. They will be satisfied, be it with combs, fifes, rubber, whisky, tainted meat, canned peas, sex, or tobacco. For every need there is an entrepreneur, by a marvelous providence. You can find a man to bury your dog, rub your back, teach you Swahili, read your horoscope, murder your competitor. In the megalopolis, all this is possible. There was a Parisian cripple in the days of John Law, the Scottish speculator, who stood in the streets renting out his hump for a writing desk to people who had no convenient place to take their transactions.” – Saul Bellow, Dangling Man

Such is the way of dogsSuch is the way of dogs

Tetman Callis 0 Comments 6:25 am

“On his way the poor man finds all things against him;
The earth itself closes its doors to him.
You find him hated, though he does no wrong;
You see hostility but not its cause.
At the sight of a rich man you find the dogs
Turning towards him, as they wag their tails,
But if it is a poor wretch whom they see
They come to bark at him and bare their teeth.”

The Arabian Nights (trans. Lyons, et al.)

No alternativeNo alternative

Tetman Callis 0 Comments 7:48 am

“While facts can be verified or refuted—and we should do so expeditiously and relentlessly—we must also recognize the possibility that more complex truths are often in the eyes of the beholder. This fact of human cognition doesn’t necessarily imply that relativism is correct or desirable; not all truths are equally valid. But because the particular narrative that one adopts can color and influence the subsequent course of inquiry and debate, we should strive at the outset to entertain as many interpretations of the same set of objective facts as we can.” – Andrew W. Lo, “Reading About the Financial Crisis: A 21-Book Review”

Keeping the citizens unitedKeeping the citizens united

Tetman Callis 0 Comments 5:41 am

“If a rich man says something wrong, the people say:
‘You may be right, and what you say is not impossible,’
But if a poor man speaks the truth, they say:
‘You are a liar; what you say is wrong.’
Money invests a man with dignity and beauty in all lands.
Money is the tongue of those who seek eloquence,
And the weapon of whoever wants to fight.”

The Arabian Nights (trans. Lyons, et al.)

That side is the toll gateThat side is the toll gate

Tetman Callis 0 Comments 7:09 am

“It is easy to be cynical about government—and rarely does such cynicism go unrewarded. Take, for instance, policy towards women. Some politicians declare that they value women’s unique role, which can be shorthand for keeping married women at home looking after the kids. Others create whole ministries devoted to policies for women, which can be a device for parking women’s issues on the periphery of policy where they cannot do any harm. Still others, who may actually mean what they say, pass laws giving women equal opportunities to men. Yet decreeing an end to discrimination is very different from bringing it about. Amid this tangle of evasion, half-promises and wishful thinking, some policymakers have embraced a technique called gender budgeting. It not only promises to do a lot of good for women, but carries a lesson for advocates of any cause: the way to a government’s heart is through its pocket.” – The Economist, February 25th, 2017

Hand in handHand in hand

Tetman Callis 0 Comments 5:35 am

“There is no wisdom without power.
Were they to try to pawn me and my wisdom,
Together with my books and my inkstand,
For one day’s worth of food, it would not work
And such a bargain would be thought contemptible.
The poor, their state, their life,
How dark they are with troubles!
In summer they cannot find food, and in the cold
They have to warm themselves over a brazier.
Street dogs attack them and they are the butt
Of every despicable man.
When one of them complains about his lot,
There is none to excuse him among all mankind.
Such is the life of the poor man;
It will be best for him when he is in his grave.”

The Arabian Nights (trans. Lyons, et al.)

Free fallingFree falling

Tetman Callis 0 Comments 6:08 am

“Of all literary genres, tragedy alone remains free from the pretensions to arithmetic that, until history caught up with them, were still indulged in by German philosophers and English novelists, who compensated for their thematic anxieties as an ostrich might—by limiting their scope to the trifling situations of everyday morality. Such moralists are nothing more, in the final analysis, than the authors of etiquette manuals, dressed up in logic and argument, on the one hand, and narrative and dialogue, on the other. In their books, they were content to waltz and quadrille over the depths where tragedy is written because a century of improvements in shoe manufacture enabled them to forget that, in history, there is no floor.” – Hans Abendroth, The Zero and the One