Mixed Economy Quotes

Sure, some news is bigger news than other news. War is bigger news than a girl having mixed feelings about the way some guy fucked her and didn't call. But I don't believe in a finite economy of empathy; I happen to think that paying attention yields as much as it taxes.

As a business owner you should never mix business income with personal income and never mix business expenses with personal expenses. Your business is a separate entity with a life of its own. Your job is to lead and manage that separate entity, not to entangle with it. Entangling with your business will result in chaos. But keeping business and personal separate will facilitate efficiency and reduce stress.

Although capitalism is the economic system of modern Western civilization, the policies of all Western nations are guided by utterly anti-capitalistic ideas. The aim of these interventionist policies is not to preserve capitalism, but to substitute a mixed economy for it. It is assumed that this mixed economy is neither capitalism nor socialism. It is described as a third system, as far from capitalism as it is from socialism. It is alleged that it stands midway between socialism and capitalism, retaining the advantages of both and avoiding the disadvantages inherent in each.

If a determined, disciplined gang of statists were to make an assault on the crumbling remnants of a mixed economy, boldly and explicitly proclaiming the collectivist tenets which the country had accepted by tacit default—what resistance would they encounter? The dispirited, demoralized, embittered majority would remain lethargically indifferent to any public event. And many would support the gang, at first, moved by a desperate, incoherent frustration, by a need to protest, not knowing fully against what, by a blind desire to strike out somehow at the suffocating hopelessness of the status quo.

Roetown, of mixed economy, neither boom nor bust, just ordinary times — that is, hard — had a slightly run-down aspect, I suppose. But in a pleasing way, like a man you love who has buttoned his coat up wrong.

Pirenne was quite right that the ancient trading economy continued after the first invasions and the establishment of the mixed Romano-barbarian successor kingdoms. Some kind of connectivity by sea endured continuously, even if at very low levels (Horden and Purcell 2000).

The opportunities for political and economic entrepreneurs are still a mixed bag, but they overwhelmingly favor activities that promote redistributive rather than productive activity, that create monopolies rather than competitive conditions, and that restrict opportunities rather than expand them. They

Probably the first book that Hamilton absorbed was Malachy Postlethwayt’s Universal Dictionary of Trade and Commerce, a learned almanac of politics, economics, and geography that was crammed with articles about taxes, public debt, money, and banking. The dictionary took the form of two ponderous, folio-sized volumes, and it is touching to think of young Hamilton lugging them through the chaos of war. Hamilton would praise Postlethwayt as one of “the ablest masters of political arithmetic.” A proponent of manufacturing, Postlethwayt gave the aide-de-camp a glimpse of a mixed economy in which government would both steer business activity and free individual energies. In the pay book one can see the future treasury wizard mastering the rudiments of finance. “When you can get more of foreign coin, [the] coin for your native exchange is said to be high and the reverse low,” Hamilton noted. He also stocked his mind with basic information about the world: “The continent of Europe is 2600 miles long and 2800 miles broad”; “Prague is the principal city of Bohemia, the principal part of the commerce of which is carried on by the Jews.” He recorded tables from Postlethwayt showing infant-mortality rates, population growth, foreign-exchange rates, trade balances, and the total economic output of assorted nations.

Argentina’s economy is a textbook example, literally, of how political decisions can stymie even near-perfect geographic advantages. A unique, indigenous mix of nationalist-socialist-fascist policies have resulted in waves of massive inflation, capital flight, sovereign debt defaults . . . and yet, Argentina’s future remains bright.

One of the obvious danger signs that we may be on our way to bring into existence the ideal of the animal laborans is the extent to which our whole economy has become a waste economy, in which things must be almost as quickly devoured and discarded as they have appeared in the world, if the process itself is not to come to a sudden catastrophic end. But if the ideal were already in existence and we were truly nothing but members of a consumers’ society, we would no longer live in a world at all but simply be driven by a process in whose ever-recurring cycles things appear and disappear, manifest themselves and vanish, never to last long enough to surround the life process in their midst. The world, the man-made home erected on earth and made of the material which earthly nature delivers into human hands, consists not of things that are consumed but of things that are used. If nature and the earth generally constitute the condition of human life, then the world and the things of the world constitute the condition under which this specifically human life can be at home on earth. Nature seen through the eyes of the animal laborans is the great provider of all “good things,” which belong equally to all her children, who “take [them] out of [her] hands” and “mix with” them in labor and consumption.86 The same nature seen through the eyes of homo faber, the builder of the world, “furnishes only the almost worthless materials as in themselves,” whose whole value lies in the work performed upon them.87 Without taking things out of nature’s hands and consuming them, and without defending himself against the natural processes of growth and decay, the animal laborans could never survive. But without being at home in the midst of things whose durability makes them fit for use and for erecting a world whose very permanence stands in direct contrast to life, this life would never be human.

The final way to respond to the difficulty of lending against intangibles is the most radical. It is for businesses to change their finance mix: specifically, to rely more on equity and less on debt. Should a business fail, equity owners have no recourse - they get nothing - so can afford to be relatively insouciant about the liquidation value of a business's assets. This makes equity a better way of funding businesses with few tangible assets.

Alberta has taken these liabilities into account and, in order for the bitumen industry to be even remotely profitable, four conditions must be met: conventional oil must be trading above $50 a barrel; the natural resources needed to produce it (fresh water, natural gas, and the boreal forest ecosystem) must be had for next to nothing; the industry itself must be heavily subsidized; and exploration costs must be nil.[*2] There is a fifth condition, exploited not just by the bitumen industry but by the entire burning world: no consequences for emissions. This is what Alberta has built and bet its economy on, with mixed results.

Age of Extremes" delivers its fundamental argument in the form of a periodisation. The ‘short 20th century’ between 1914 and 1991 can be divided into three phases. The first, ‘The Age of Catastrophe’, extends from the slaughter of the First World War, through the Great Depression and the rise of Fascism, to the cataclysm of the Second World War and its immediate consequences, including the end of European empires. The second, ‘The Golden Age’, stretching approximately from 1950 to 1973, saw historically unprecedented rates of growth and a new popular prosperity in the advanced capitalist world, with the spread of mixed economies and social security systems; accompanied by rising living standards in the Soviet bloc and the ‘end of the Middle Ages’ in the Third World, as the peasantry streamed off the land into modern cities in post-colonial states. The third phase, ‘Landslide’, starting with the oil crisis and onset of recession in 1973, and continuing into the present, has witnessed economic stagnation and political atrophy in the West, the collapse of the USSR in the East, socio-cultural anomie across the whole of the North, and the spread of vicious ethnic conflicts in the South. The signs of these times are: less growth, less order, less security. The barometer of human welfare is falling.

It’s been my experience that ninety-five percent of the people who walk the earth are simply inert, Johnny. One percent are saints, and one percent are assholes. The other three percent are the people who do what they say they can do. I’m in that three percent, and so are you. You earned that money. I’ve got people in the mills that take home eleven thousand dollars a year for doing little more than playing with their dicks. But I’m not bitching. I’m a man of the world, and all that means is I understand what powers the world. The fuel mix is one part high-octane to nine parts pure bullshit. You’re no bullshitter. So you put that money in your wallet and next time try to value yourself a little higher.

Now, there is nothing inherently unusual or interesting from an economic point of view about a change in the types of things businesses invest in. Indeed, nothing could be more normal: the capital stock of the economy is always changing. Railways replaced canals, the automobile replaced the horse and cart, computers replaced typewriters, and, at a more granular level, businesses retool and change their mix of investments all the time. Our central argument in this book is that there is something fundamentally different about intangible investment, and that understanding the steady move to intangible investment helps us understand some of the key issues facing us today: innovation and growth, inequality, the role of management, and financial and policy reform.

Temperatures, petrol prices, the price of the dollar: the golden triangle of our summer. These are facts beyond our control and all we hope now is to see them all rising indefinitely. Sometimes the figures are mixed up in a prophetic confusion, as in 1980 in the US deserts. There, the price per gallon: 51.18, 51.20, 51 .25, varied from one place to another as an exact reflection of the temperature graphs: 100, 110 and 120 degrees Fahrenheit. With the question of confidence always lurking just beneath the surface: what price would you accept petrol rising to? What point do you think the dollar could go up to (with the implication: before causing a crash in world economies)? What record level can the heat reach (before causing a volatilization of energy and the beginnings of a worldwide insomnia)? Our artificial destiny is written in these asymptotic curves.

Ideology refers to the body of ideas reflecting the interests of a group of people. Within U.S. culture, racist and sexist ideologies permeate the social structure to such a degree that they become hegemonic, namely, seen as natural, normal, and inevitable. In this context, certain assumed qualities that are attached to Black women are used to justify oppression. From the mammies, jezebels, and breeder women of slavery to the smiling Aunt Jemimas on pancake mix boxes, ubiquitous Black prostitutes, and ever-present welfare mothers of contemporary popular culture, negative stereotypes applied to African-American women have been fundamental to Black women's oppression. Taken together, the supposedly seamless web of economy, polity, and ideology function as a highly effective system of social control designed to keep African-American women in an assigned, subordinate place. This larger system of oppression works to suppress the ideas of Black women intellectuals and to protect elite White male interests and world views.

It was a quiet revolution. Most downshifters dressed quite a bit like everyone else and lived in ordinary neighborhoods rather than communes or cabins in the woods. Seattle emerged as the nexus of voluntary simplicity as the growing tech industry-Microsoft's headquarters were there-made the city synonymous with the overworked, conspicuously consuming yuppie, while many other residents were still mixed in a lingering recession. The result was perhaps the most deliberate experiment in stopping shopping in modern times: a whole city in which the rejection of consumerism entered the mainstream. For nearly a decade, few aspects of daily life in Seattle were left unchanged by its shadow culture....For a few rare years, the consumer lifestyle was uncooled. 'We were sure in the '90s that we were the up-and-coming lifestyle choice,' Vicki Robin, coauthor of the downshifting classic 'Your Money or Your Life' told me....Then the global economy came roaring back to life, Seattle became better known for billionaires than plain living, and downshifting faded.

Bollywood's economic workings are more mysterious. It still exists in what was known as the informal and high-risk sector of the Indian economy. Banks rarely invest in Bollywood, where moneylenders are rampant, demanding up to 35 percent interest. The big corporate houses seem no less keen to stay away from filmmaking. A senior executive with the Tatas, one of India's prominent business families, told me, "We went into Bollywood, made one film, lost a lot of money, and got out of it fast," adding that "the place works in ways we couldn't begin to explain to our shareholders." Since only six or seven of the two hundred films made each year earn a profit, the industry has generated little capital of its own. The great studios of the early years of the industry are now defunct. It is outsiders- regular moneylenders, small and big businessmen, real estate people, and, sometimes, mafia dons- who continue to finance new films, and their turnover, given the losses, is rapid. Their motives are mixed: sex, glamour, money laundering, and, more optimistically, profit. They rarely have much to do with the desire to make original, or even competent, films.

By the time Lillian had turned twelve ears old, cooking had become her family. It had taught her lessons usually imparted by parents- economy from a limp head of celery left too long in the hydrator, perseverance from the whipping of heavy cream, the power of memories from oregano, whose flavor only grew stronger as it dried. Her love of new ingredients had brought her to Abuelita, the owner of the local Mexican grocery store, who introduced her to avocados and cilantro, and taught her the magic of matching ingredients with personalities to change a person's mood or a life. But the day when twelve-year-old Lillian had handed her mother an apple- fresh-picked from the orchard down the road on an afternoon when Indian summer gave over to autumn- and Lillian's mother had finally looked up from the book she was reading, food achieved a status for Lillian that was almost mystical. "Look how you've grown," Lillian's mother had said, and life had started all over again. There was conversation at dinner, someone else's hand on the brush as it ran through her hair at night. A trip to New York, where they had discovered a secret fondue restaurant, hidden behind wooden shutters during the day, open by candlelight at night. Excursions to farmers' markets and bakeries and a shop that made its own cheese, stretching and pulling the mozzarella like taffy. Finally, Lillian felt like she was cooking for a mother who was paying attention, and she played in an open field of pearl couscous and Thai basil, paella and spanakopita and eggplant Parmesan.

By the time Lillian had turned twelve years old, cooking had become her family. It had taught her lessons usually imparted by parents- economy from a limp head of celery left too long in the hydrator, perseverance from the whipping of heavy cream, the power of memories from oregano, whose flavor only grew stronger as it dried. Her love of new ingredients had brought her to Abuelita, the owner of the local Mexican grocery store, who introduced her to avocados and cilantro, and taught her the magic of matching ingredients with personalities to change a person's mood or a life. But the day when twelve-year-old Lillian had handed her mother an apple- fresh-picked from the orchard down the road on an afternoon when Indian summer gave over to autumn- and Lillian's mother had finally looked up from the book she was reading, food achieved a status for Lillian that was almost mystical. "Look how you've grown," Lillian's mother had said, and life had started all over again. There was conversation at dinner, someone else's hand on the brush as it ran through her hair at night. A trip to New York, where they had discovered a secret fondue restaurant, hidden behind wooden shutters during the day, open by candlelight at night. Excursions to farmers' markets and bakeries and a shop that made its own cheese, stretching and pulling the mozzarella like taffy. Finally, Lillian felt like she was cooking for a mother who was paying attention, and she played in an open field of pearl couscous and Thai basil, paella and spanakopita and eggplant Parmesan.

A Code of Nature must accommodate a mixture of individually different behavioral tendencies. The human race plays a mixed strategy in the game of life. People are not molecules, all alike and behaving differently only because of random interactions. People just differ, dancing to their own personal drummer. The merger of economic game theory with neuroscience promises more precise understanding of those individual differences and how they contribute to the totality of human social interactions. It's understanding those differences, Camerer says, that will make such a break with old schools of economic thought. "A lot of economic theory uses what is called the representative agent model," Camerer told me. In an economy with millions of people, everybody is clearly not going to be completely alike in behavior. Maybe 10 percent will be of some type, 14 percent another type, 6 percent something else. A real mix. "It's often really hard, mathematically, to add all that up," he said. "It's much easier to say that there's one kind of person and there's a million of them. And you can add things up rather easily." So for the sake of computational simplicity, economists would operate as though the world was populated by millions of one generic type of person, using assumptions about how that generic person would behave. "It's not that we don't think people are different—of course they are, but that wasn't the focus of analysis," Camerer said. "It was, well, let's just stick to one type of person. But I think the brain evidence, as well as genetics, is just going to force us to think about individual differences." And in a way, that is a very natural thing for economists to want to do.

Yet just eighty years ago it still seemed an impossible mission when U.S. President Herbert Hoover was tasked with beating back the Great Depression with only a mixed bag of numbers, ranging from share values to the price of iron to the volume of road transport. Even his most important metric – the “blast-furnace index” – was little more than an unwieldy construct that attempted to pin down production levels in the steel industry. If you had asked Hoover how “the economy” was doing, he would have given you a puzzled look. Not only because this wasn’t among the numbers in his bag, but because he would have had no notion of our modern understanding of the word “economy.” “Economy” isn’t really a thing, after all – it’s an idea, and that idea had yet to be invented. In 1931, Congress called together the country’s leading statisticians and found them unable to answer even the most basic questions about the state of the nation. That something was fundamentally wrong seemed evident, but their last reliable figures dated from 1929. It was obvious that the homeless population was growing and that companies were going bankrupt left and right, but as to the actual extent of the problem, nobody knew. A few months earlier, President Hoover had dispatched a number of Commerce Department employees around the country to report on the situation. They returned with mainly anecdotal evidence that aligned with Hoover’s own belief that economic recovery was just around the bend. Congress wasn’t reassured, however. In 1932, it appointed a brilliant young Russian professor by the name of Simon Kuznets to answer a simple question: How much stuff can we make? Over the next few years, Kuznets laid the foundations of what would later become the GDP. His

Found a startup society. This is simply an online community with aspirations of something greater. Anyone can found one, just like anyone can found a company or cryptocurrency.2 And the founder’s legitimacy comes from whether people opt to follow them. Organize it into a group capable of collective action. Given a sufficiently dedicated online community, the next step is to organize it into a network union. Unlike a social network, a network union has a purpose: it coordinates its members for their mutual benefit. And unlike a traditional union, a network union is not set up solely in opposition to a particular corporation, so it can take a variety of different collective actions.3 Unionization is a key step because it turns an otherwise ineffective online community into a group of people working together for a common cause. Build trust offline and a cryptoeconomy online. Begin holding in-person meetups in the physical world, of increasing scale and duration, while simultaneously building an internal economy using cryptocurrency. Crowdfund physical nodes. Once sufficient trust has been built and funds have been accumulated, start crowdfunding apartments, houses, and even towns to bring digital citizens into the physical world within real co-living communities. Digitally connect physical communities. Link these physical nodes together into a network archipelago, a set of digitally connected physical territories distributed around the world. Nodes of the network archipelago range from one-person apartments to in-person communities of arbitrary size. Physical access is granted by holding a web3 cryptopassport, and mixed reality is used to seamlessly link the online and offline worlds. Conduct an on-chain census. As the society scales, run a cryptographically auditable census to demonstrate the growing size of your population, income, and real-estate footprint. This is how a startup society proves traction in the face of skepticism. Gain diplomatic recognition. A startup society with sufficient scale should eventually be able to negotiate for diplomatic recognition from at least one pre-existing government, and from there gradually increased sovereignty, slowly becoming a true network state.

In conclusion, the American century is not over, if by that we mean the extraordinary period of American pre-eminence in military, economic, and soft power resources that have made the United States central to the workings of the global balance of power, and to the provision of global public goods. Contrary to those who proclaim this the Chinese century, we have not entered a post-American world. But the continuation of the American century will not look like it did in the twentieth century. The American share of the world economy will be less than it was in the middle of the last century, and the complexity represented by the rise of other countries as well as the increased role of non-state actors will make it more difficult for anyone to wield influence and organize action. Analysts should stop using clichés about unipolarity and multipolarity. They will have to live with both in different issues at the same time. And they should stop talking and worrying about poorly specified concepts of decline that mix many different types of behavior and lead to mistaken policy conclusions. Leadership is not the same as domination. America will have to listen in order to get others to enlist in what former Secretary of State Hillary Clinton called a multipartner world. It is important to remember that there have always been degrees of leadership and degrees of influence during the American century. The United States never had complete control. As we saw in Chapter 1, even when the United States had preponderant resources, it often failed to get what it wanted. And those who argue that the complexity and turmoil of today’s entropic world is much worse than the past should remember a year like 1956 when the United States was unable to prevent Soviet repression of a revolt in Hungary, French loss of Vietnam, or the Suez invasion by our allies Britain, France, and Israel. One should be wary of viewing the past through rose-tinted glasses. To borrow a comedian’s line, “hegemony ain’t what it used to be, but then it never was.” Now, with slightly less preponderance and a much more complex world, the United States will need to make smart strategic choices both at home and abroad if it wishes to maintain its position. The American century is likely to continue for a number of decades at the very least, but it will look very different from how it did when Henry Luce first articulated it.

Indian Express (Indian Express) - Clip This Article at Location 721 | Added on Sunday, 30 November 2014 20:28:42 Fifth column: Hope and audacity Ministers, high officials, clerks and peons now report for duty on time and are no longer to be seen taking long lunch breaks to soak in winter sunshine in Delhi’s parks. Reform is needed not just in economic matters but in every area of governance. Does the Prime Minister know how hard it is to get a passport? Tavleen Singh | 807 words At the end of six months of the Modi sarkar are we seeing signs that it is confusing efficiency with reform? I ask the question because so far there is no sign of real reform in any area of governance. And, because some of Narendra Modi’s most ardent supporters are now beginning to get worried. Last week I met a man who dedicated a whole year to helping Modi become Prime Minister and he seemed despondent. When I asked how he thought the government was doing, he said he would answer in the words of the management guru Peter Drucker, “There is nothing quite so useless as doing with great efficiency something that should not be done at all.” We can certainly not fault this government on efficiency. Ministers, high officials, clerks and peons now report for duty on time and are no longer to be seen taking long lunch breaks to soak in winter sunshine in Delhi’s parks. The Prime Minister’s Office hums with more noise and activity than we have seen in a decade but, despite this, there are no signs of the policy changes that are vital if we are to see real reform. The Planning Commission has been abolished but there are many, many other leftovers from socialist times that must go. Do we need a Ministry of Information & Broadcasting in an age when the Internet has made propaganda futile? Do we need a meddlesome University Grants Commission? Do we need the government to continue wasting our money on a hopeless airline and badly run hotels? We do not. What we do need is for the government to make policies that will convince investors that India is a safe bet once more. We do not need a new government that simply implements more efficiently bad policies that it inherited from the last government. It was because of those policies that investors fled and the economy stopped growing. Unless this changes through better policies, the jobs that the Prime Minister promises young people at election rallies will not come. So far signals are so mixed that investors continue to shy away. The Finance Minister promises to end tax terrorism but in the next breath orders tax inspectors to go forth in search of black money. Vodafone has been given temporary relief by the courts but the retroactive tax remains valid. And, although we hear that the government has grandiose plans to improve the decrepit transport systems, power stations and ports it inherited, it continues to refuse to pay those who have to build them. The infrastructure industry is owed more than Rs 1.5 lakh continued... crore in government dues and this has crippled major companies. No amount of efficiency in announcing new projects will make a difference unless old dues are cleared. Reform is needed not just in economic matters but in every area of governance. Does the Prime Minister know how hard it is to get a passport? Does he know that a police check is required even if you just want to get a few pages added to your passport? Does he know how hard it is to do routine things like registering property? Does he know that no amount of efficiency will improve healthcare services that are broken? No amount of efficiency will improve educational services that have long been in terminal decline because of bad policies and interfering officials. At the same time, the licence raj that strangles private investment in schools and colleges remains in place. Modi’s popularity with ordinary people has increased since he became Prime Minister, as we saw from his rallies in Kashmir last week, but it will not la

We grew up in the smug belief that although the mixed economy was inefficient, it was better than capitalism because it preserved democratic freedoms.

get a sense of how powerful Musk’s work may end up being for the American economy, have a think about the dominant mechatronic machine of the past several years: the smartphone. Pre-iPhone, the United States was the laggard in the telecommunications industry. All of the exciting cell phones and mobile services were in Europe and Asia, while American consumers bumbled along with dated equipment. When the iPhone arrived in 2007, it changed everything. Apple’s device mimicked many of the functions of a computer and then added new abilities with its apps, sensors, and location awareness. Google charged to market with its Android software and related handsets, and the United States suddenly emerged as the driving force in the mobile industry. Smartphones were revolutionary because of the ways they allowed hardware, software, and services to work in unison. This was a mix that favored the skills of Silicon Valley. The rise of the smartphone led to a massive industrial boom in which Apple became the most valuable company in the country, and billions of its clever devices were spread all over the world.

In fact, what’s been happening is that there’s been a flow of investor funds to the United States, to Treasury securities, which are regarded as a safe haven now, which has a mixed effect for the United States.3 It tends over time to raise the value of the dollar and harm exports. So it’s not good for a healthy economy.

Life expectancy rose only modestly between the Neolithic era of 8500 to 3500 BC and the Victorian era of 1850 to 1900.13 An American born in the late nineteenth century had an average life expectancy of around forty-five years, with a large share never making it past their first birthdays.14 Then something remarkable happened. In countries on the frontier of economic development, human health began to improve rapidly, education levels shot up, and standards of living began to grow and grow. Within a century, life expectancies had increased by two-thirds, average years of schooling had gone from single to double digits, and the productivity of workers and the pay they took home had doubled and doubled and then doubled again. With the United States leading the way, the rich world crossed a Great Divide—a divide separating centuries of slow growth, poor health, and anemic technical progress from one of hitherto undreamed-of material comfort and seemingly limitless economic potential. For the first time, rich countries experienced economic development that was both broad and deep, reaching all major segments of society and producing not just greater material comfort but also fundamental transformations in the health and life horizons of those it touched. As the French economist Thomas Piketty points out in his magisterial study of inequality, “It was not until the twentieth century that economic growth became a tangible, unmistakable reality for everyone.”15 The mixed economy was at the heart of this success—in the United States no less than in other Western nations. Capitalism played an essential role. But capitalism was not the new entrant on the economic stage. Effective governance was. Public health measures made cities engines of innovation rather than incubators of illness.16 The meteoric expansion of public education increased not only individual opportunity but also the economic potential of entire societies. Investments in science, higher education, and defense spearheaded breakthroughs in medicine, transportation, infrastructure, and technology. Overarching rules and institutions tamed and transformed unstable financial markets and turned boom-bust cycles into more manageable ups and downs. Protections against excessive insecurity and abject destitution encouraged the forward-looking investments and social integration that sustained growth required. At every level of society, the gains in health, education, income, and capacity were breathtaking. The mixed economy was a spectacularly positive-sum bargain: It redistributed power and resources, but as its impacts broadened and diffused, virtually everyone was made massively better off.

When fake news isn’t completely fabricated, it typically distorts real-world information by tweaking or contorting it, mixing it with true information, and highlighting its most sensational and emotional elements. It then scales rapidly on social media and spreads faster than our ability to verify or debunk it. Once it spreads, it’s hard to put back in the bottle and even harder to clean up, even with a healthy dose of the truth.

Page 8: In addition to size, political power also distinguishes minority and majority peoples. Minority groups suffer limited social mobility, political disadvantage, restricted access to material well-being, and government policies have directly or indirectly perpetuated these conditions. According to Messina, minorities may be described as ‘groups that are underrepresented in positions of authority and control in the major institutions of society. They are limited to ineffectual, low prestige, poorly paid positions within major institutions or excluded from the institutions altogether.’ In that case, political minorities need not be numerical minorities. Moreover, a nation differs from a minority insofar as, according to Gurr, the minority has a defined status within a larger society, and it seeks to improve upon that status, while the nation seeks some form of autonomy from the state. In other words, the minority wants to improve its position within the system, while the nation strives for exit from the system. While nationalism is simply defined by a dictionary as ‘the devotion to one’s nation; patriotism or chauvinism’, it does in fact connote more, embodying culture, ethnicity, language. Indeed, according to Smith, nationalism is a’a doctrine of autonomy, unity and identity, whose members conceive it to be an actual or potential nation’. Just as the term nation is submerged in contradictory terminology, so too is nationalism. Connor has attempted to rectify the semantic sources of misunderstanding by clarifying words: a sloppy use of the term nationalism connotes loyalty to the state. It is, in fact, loyalty to the nation. Loyalty to the state is patriotism. In the case of nation-states, the two forms of loyalty coincide, but they must be treated separately in the literature. To avoid this confusion, Connor introduced the term ethno-nationalism. The mix of ethnicity and nationalism leads to ethno-nationalism, which according to Connor and Shiels, is ‘the sentiment of an ethnic minority in a state or living across state boundaries that propels the group to unify and identify itself as having the capacity for self-government’.

Sobchak found Putin useful both because of his connections in the security services and for his understanding of foreign economies—a mix of old skills and new.

Part of this struggle involves an unrelenting critique of liberal multicultural “tolerance” (in the West as much as the rest), which despite all pretenses, prioritizes dominant white European culture (or in such countries as India, dominant Hindu culture), while patronizingly “tolerating” others (see Iqtidar and Sarkar 2018). Here, Muslim culture is fixed and stereotyped, most often reduced to a religious category, thereby ignoring the dynamic, diverse, and indeed secular mix that makes up the “Muslim world” (both outside and inside the “West”). What is most often missing is a properly politicized view of Muslim culture (or indeed culture writ large), in which political-economic antagonisms play a key role: thus, violence against women is not the result of some pathological religious practice, but most often imbricated with unequal state property/inheritance laws (and their lack of enforcement) and/or male domination in the advancing cash economy (Visweswaran 1994, 510; Salhi 2013). A universal politics worthy of its name cannot, as a result, engage in a purely “cultural politics” that avoids the key question of the politicization of the economy; this would merely play into the hands of postpolitical global capitalism, which, as underlined already, seeks to keep culture and economy apart. Linking the two spheres is precisely what enables universality: seeing the antagonisms of culture/identity (struggles of representation, violence against women, queer rights, racialization) as intimately linked to the antagonisms of global capitalism (socioeconomic and spatial inequality, environmental catastrophe) is what opens the door to shared struggle. It helps establish bonds of solidarity between those who struggle for justice in the West and those who participate in the same struggle in the “Muslim world” (and elsewhere). Perhaps those of us Westerners engaging in universalizing struggles can learn from the political vitality and truculence of the “Muslim world”: at a time when engagement, energy, and commitment to change the system are often so fickle in the West, the Islamic resurgence, despite often being misdirected, can teach us something about a refusal to be so easily co-opted and seduced by Western hegemony. The challenge, though, is to channel such “rage” to the right target, that is, to make it anti-systemic rather than anti-symptomatic.

As I reviewed the social terrain of the right-leaning people I had come to know—the companies, the state government, the church, Fox News—I reflected on my keyhole issue. Everyone I was talking to was enduring a great deal of pollution and despite the silence from companies, politicians, and state officials, nearly everyone clearly knew it. To some, such as Lee Sherman and Harold and Annette Areno, exposure had become the defining experience of their lives. To others, it was a passing matter. While many, like Madonna Massey, spoke of their love of capitalism, the dominant industry in their economy presented a decidedly mixed story. Oil was highly automated and accounted for some 15 percent of jobs—and even some of those were going to foreign workers at lower pay. The state had made huge cuts to local jobs and social services in order to bring in companies and, instead of money trickling down, a third of it was leaking out. To some degree, the community had become the site of local production without being the site of local producers. They were victims without a language of victimhood.

California is now the heart of Democratic political, economic, and cultural power in the United States. In 2018 the state possessed the fifth-largest economy in the world—larger than Britain’s and only smaller than those of Germany, Japan, China, and the rest of the United States. Add Washington and Oregon to the mix, and this three-state western nation would challenge Germany for the world’s fourth-largest economy.4

of the Deep Southern oligarchy has been consistent for over four centuries: to control and maintain a one-party state with a colonial-style economy based on large-scale agriculture and the extraction of primary resources by a compliant, poorly educated, low-wage workforce with as few labor, workplace safety, health care, and environmental regulations as possible. On being compelled by force of arms to give up their slave workforce, Deep Southerners developed caste and sharecropper systems to meet their labor needs, as well as a system of poll taxes and literacy tests to keep former slaves and white rabble out of the political process. When these systems were challenged by African Americans and the federal government, they rallied poor whites in their nation, in Tidewater, and in Appalachia to their cause through fearmongering: The races would mix. Daughters would be defiled. Yankees would take away their guns and Bibles and convert their children to secular humanism, environmentalism, communism, and homosexuality. Their political hirelings discussed criminalizing abortion, protecting the flag from flag burners, stopping illegal immigration, and scaling back government spending when on the campaign trail; once in office, they focused on cutting taxes for the wealthy, funneling massive subsidies to the oligarchs’ agribusinesses and oil companies, eliminating labor and environmental regulations, creating “guest worker” programs to secure cheap farm labor from the developing world, and poaching manufacturing jobs from higher-wage unionized industries in Yankeedom, New Netherland, or the Midlands. It’s a strategy financial analyst Stephen Cummings has likened to “a high-technology version of the plantation economy of the Old South,” with the working and middle classes playing the role of sharecroppers.[1] For the oligarchs the greatest challenge has been getting Greater Appalachia into their coalition and keeping it there. Appalachia has relatively few African

When figures identified as thought leaders suggest the real value of higher education rests in its ability to teach new skills to the rising generation (as well as current job seekers who’ve been left behind, outsourced, or downsized), they cast knowledge and knowledge creation in purely instrumental terms, rendering the work of higher education almost completely transactional in nature. Sure, there are platitudes about “deep learning” and “meaningful connections” thrown into the mix, but that instrumental logic remains the dominant trope. This creates a real problem for those of us engaged in articulating and defending the larger value— the intrinsic public good— of higher education. Challenged by the abstract nature of arguments about social contracts and civic connections, we shift to a language we think will be taken more seriously by administrators, politicians, and cost-conscious parents: the language of marketable skills for the “new economy” and of terms like “nimble” and “agile” and “multiple competencies.” But in doing this, we cede the terrain of the debate; we’ve implicitly declared higher education’s real value is transactional and market oriented when we use that language. We’ve sacrificed our larger vision in favor of short-term relevance. While it might be an eminently understandable move, it’s certainly a dangerous one.

it crystallizes a number of uniquely American ideals about the relationship between the economy, rights, and sovereignty: Labor mixed with nature creates property. Property creates virtue. Private property-based virtue exists prior to the state. And the state's only legitimate function is to protect virtue, not create virtue. It's a sleight of hand, this sequence, for, as Turner wrote in his notes, "government came before." But it was, and remains, a powerful move, one that premises the virtue of freedom as existing independently of the state and restricts the role of the state to only guarding virtue. That premise makes possible the ongoing refusal of the United States to accept the legitimacy of social or economic rights.

Here are the ominous parallels. Our universities are strongholds of German philosophy disseminating every key idea of the post-Kantian axis, down by now to old-world racism and romanticist technology-hatred. Our culture is modernism worn-out but recycled, with heavy infusions of such Weimarian blends as astrology and Marx, or Freud and Dada, or “humanitarianism” and horror-worship, along with five decades of corruption built on this kind of base. Our youth activists, those reared on the latest viewpoints at the best universities, are the pre-Hitler youth movement resurrected (this time mostly on the political left and addicted to drugs). Our political parties are the Weimar coalition over again, offering the same pressure-group pragmatism, and the same kind of contradiction between their Enlightenment antecedents and their statist commitments. The liberals, more anti-ideological than the moderate German left, have given up even talking about long-range plans and demand more controls as a matter of routine, on a purely ad hoc basis. The conservatives, much less confident than the nationalist German right, are conniving at this routine and apologizing for the remnants of their own tradition, capitalism (because of its clash with the altruist ethics)—while demanding government intervention in or control over the realms of morality, religion, sex, literature, education, science. Each of these groups, observing the authoritarian element in the other, accuses it of Fascist tendencies; the charge is true on both sides. Each group, like its Weimar counterpart, is contributing to the same result: the atmosphere of chronic crisis, and the kinds of controls, inherent in an advanced mixed economy. The result of this result, as in Germany, is the growth of national bewilderment or despair, and of the governmental apparatus necessary for dictatorship. In America, the idea of public ownership of the means of production is a dead issue. Our intellectual and political leaders are content to retain the forms of private property, with public control over its use and disposal. This means: in regard to economic issues, the country’s leadership is working to achieve not the communist version of dictatorship, but the Nazi version. Throughout its history, in every important cultural and political area, the United States, thanks to its distinctive base, always lagged behind the destructive trends of Germany and of the rest of the modern world. We are catching up now. We are still the freest country on earth. There is no totalitarian (or even openly socialist) party of any size here, no avowed candidate for the office of Führer, no economic or political catastrophe sufficient to make such a party or man possible—so far—and few zealots of collectivism left to urge an ever faster pursuit of national suicide. We are drifting to the future, not moving purposefully. But we are drifting as Germany moved, in the same direction, for the same kind of reason.

the mix of products a country exports are highly predictive of its future level of income, indicating that the knowhow that is embodied in a society helps pin down its level of prosperity.

They may even have the potential to change the basis of competition in the home space by developing new and different ways of getting compensated—by creating entirely new and potentially radically different business models. For example, a cloud player offering comfort and security as a service may choose to bundle that service with other cloud services—or even subsidize one service with the proceeds from the other. They may also choose to bring other revenue sources like data collection or advertising into the mix in an effort to offer customers a better price point. All of this would put more traditional players at an extreme disadvantage.

It is often asked: Why was capitalism destroyed in spite of its incomparably beneficent record? The answer lies in the fact that the lifeline feeding any social system is a culture’s dominant philosophy and that capitalism never had a philosophical base. It was the last and (theoretically) incomplete product of an Aristotelian influence. As a resurgent tide of mysticism engulfed philosophy in the nineteenth century, capitalism was left in an intellectual vacuum, its lifeline cut. Neither its moral nature nor even its political principles had ever been fully understood or defined. Its alleged defenders regarded it as compatible with government controls (i.e., government interference into the economy), ignoring the meaning and implications of the concept of laissez-faire. Thus, what existed in practice, in the nineteenth century, was not pure capitalism, but variously mixed economies. Since controls necessitate and breed further controls, it was the statist element of the mixtures that wrecked them; it was the free, capitalist element that took the blame.

is often asked: Why was capitalism destroyed in spite of its incomparably beneficent record? The answer lies in the fact that the lifeline feeding any social system is a culture’s dominant philosophy and that capitalism never had a philosophical base. It was the last and (theoretically) incomplete product of an Aristotelian influence. As a resurgent tide of mysticism engulfed philosophy in the nineteenth century, capitalism was left in an intellectual vacuum, its lifeline cut. Neither its moral nature nor even its political principles had ever been fully understood or defined. Its alleged defenders regarded it as compatible with government controls (i.e., government interference into the economy), ignoring the meaning and implications of the concept of laissez-faire. Thus, what existed in practice, in the nineteenth century, was not pure capitalism, but variously mixed economies. Since controls necessitate and breed further controls, it was the statist element of the mixtures that wrecked them; it was the free, capitalist element that took the blame.

It is clear to the modern student of modern politics that a mixed economy is what most people of the West would prefer. It is neither prudent nor does it accord with our conception of the future that all forms of private property should live under perpetual threat.

While Tyson did well for itself, it is less clear how well the company did by the communities that made it rich. Remarkably little research has been done to measure the economic impact of vertically integrated meat production on the nation’s economy. Instead, the massive firepower of public research dollars has been aimed at a different question: how to accelerate the industrialization of agriculture. At the University of Arkansas in Fayetteville, for example, researchers study, on the molecular level, how chickens can more efficiently convert feed into meat, helping companies like Tyson to further compress their cost margins. At Kansas State University, researchers are finding new ways to keep cattle from getting open sores on their feet during the months they stand in manure-covered feedlot pens. But an extensive analysis of publicly available data shows the impact of Tyson’s rise has been, at best, a mixed blessing for the communities where the company operates.

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A strong and stable capitalist economy needs guardrails, and it’s the government’s responsibility to put them in place. The pillars of capitalism—competition, access to information, enforcement of contracts, protection of private property, and consumer choice—develop from the right mix of markets and regulation.

A strong and stable capitalist economy needs guardrails, and it’s the government’s responsibility to put them in place. The pillars of capitalism—competition, access to information, enforcement of contracts, protection of private property, and consumer choice—develop from the right mix of markets and regulation. The third issue is the most pernicious: the belief that our economy rewards the deserving (and, the unspoken counterpart, punishes those who are not). If you are making money and saving, you should be thankful to your employer and pretend the government had no role. If you are drowning in debt or struggling to put food on the table, you should remember that you are to blame and pretend the government had no role. Either way, in our economy, you get what you get and you shouldn’t get upset. The government isn’t responsible for your prosperity or your poverty. You are. These beliefs mask the reality that government shapes the contours of economic opportunity at every turn, from funding financial aid to allowing tax deductions on vacation homes. Those with income and wealth sufficient to cozy up to a president and get appointed to the cabinet can literally afford to take a rosy view of capitalism and a dim view of government intervention. No experience is required for financial regulators because there is no job to do; the economy, left unchanged, continues to build their wealth. And if today’s economy doesn’t work for you, that’s your fault.

Months before his Davos debut, Xi had struck a different tone in a speech to Chinese tech titans and Communist Party leaders in Beijing for a conference on “cyber security and informatization.” To an audience that included Huawei founder Ren Zhengfei, Alibaba CEO Jack Ma, high-profile People’s Liberation Army (PLA) researchers, and most of China’s political elite, Xi exhorted China to focus on “gaining breakthroughs in core technology as quickly as possible.” Above all, “core technology” meant semiconductors. Xi didn’t call for a trade war, but his vision didn’t sound like trade peace, either. “We must promote strong alliances and attack strategic passes in a coordinated manner. We must assault the fortifications of core technology research and development…. We must not only call forth the assault, we must also sound the call for assembly, which means that we must concentrate the most powerful forces to act together, compose shock brigades and special forces to storm the passes.” Donald Trump, it turned out, wasn’t the only world leader who mixed martial metaphors with economic policy. The chip industry faced an organized assault by the world’s second-largest economy and the one-party state that ruled it.

Human beings are contradictory, hypocritical, a mix of good and evil, selflessness and selfishness - and our countries cannot help reflecting that. Yes, the United States, as a superpower, has done many abhorrent things. It has also done many praiseworthy things. The first can also be said of the Soviet Union and China; neither merits the second. History and politics gave the United States responsibilities few would want. It accepted those responsibilities and the rest of us tagged along. And we in Canada were happy to tag along. We wanted to profit from their economy; we have. We felt free to reduce our military to inconsequence because they would protect us; they have. (In a military sense, do the Americans really need NORAD? Hardly.) We wanted to have the television and washing machines and dishwashers they have; we do. Yet we laughed at their simple-minded glitz, their ignorance of the world - all the while heading in droves for Las Vegas and Los Angeles. We wanted the American Dream - without the name and without the responsibilities; we have it, to a large extent - and it is this that allows us to caress our little sense of moral superiority. The number of Canadians who expressed sympathy for the victim while blaming him (and watching his movies and his TV sitcoms, listening to his music, eating his food and dreaming of Florida) attained, in a time of grave crisis, a level of self-satisfied hypocrisy that is usually found only in the NDP, those paragons of democratic values who have few good words for the Americans but much mindless applause for Castro. We're lucky in this country to have none of the international responsibilities the Americans do, because then we wouldn't be able to lord it morally over them - and then where would we be? Canadians have no problems anywhere in the world, we like to boast. What we don't realize is, it's not because we're likeable, it's because we're inoffensive. We're welcome by default.

President Vladimir Putin has evolved a “hybrid foreign policy, a strategy that mixes normal diplomacy, military force, economic corruption and a high-tech information war.” Indeed, on any given day, the United States has found itself dealing with everything from cyberattacks by Russian intelligence hackers on the computer systems of the U.S. Democratic Party, to disinformation about what Russian troops, dressed in civilian clothes, are doing in Eastern Ukraine, to Russian attempts to take down the Facebook pages of widows of its soldiers killed in Ukraine when they mourn their husbands’ deaths, to hot money flows into Western politics or media from Russian oligarchs connected to the Kremlin. In short, Russia is taking full advantage of the age of accelerating flows to confront the United States along a much wider attack surface. While it lives in the World of Order, the Russian government under Putin doesn’t mind fomenting a little disorder—indeed, when you are a petro-state, a little disorder is welcome because it keeps the world on edge and therefore oil prices high. China is a much more status quo power. It needs a healthy U.S. economy to trade with and a stable global environment to export into. That is why the Chinese are more focused on simply dominating their immediate neighborhood. But while America has to deter these two other superpowers with one hand, it also needs to enlist their support with the other hand to help contain both the spreading World of Disorder and the super-empowered breakers. This is where things start to get tricky: on any given day Russia is a direct adversary in one part of the world, a partner in another, and a mischief-maker in another.

The worst crisis would be over the next several years, and it would then take decades to really pay off in a rising economic-productivity cycle again. Here’s what that four-stage trend looks like: Stage #1: From the late 1800s to 1945, the innovation stage of globalization saw Globalization Boom #1 peak in 1912. Two world wars and the Great Depression sorted out political imbalances before globalization could fully blossom again . . . and blossom it did. Stage #2: From 1946 to 2012 or so, we got the growth phase, or Globalization Boom #2. Stage #3: From 2012 into as late as 2078, we’ll get a shakeout period in globalization. Geopolitical imbalances must first be corrected before the next global boom can occur . . . and this will be a great challenge and take decades, not years. Stage #4: From around 2078 to around 2145, we’ll get the maturity boom phase with Globalization Boom #3. So, by 2140–45, the world should be nearly 90 percent urban, with peaking long-term demographic trends and middle-class living standards higher almost everywhere. This is likely to be the best the world economy will look for a long time to follow, and the next dynamic longer-term global boom from around 2078 into 2145 will rival 1945–2007. But between now and the 2070s, the global boom will be a much more mixed picture than the blockbuster period of globalization that ran from World War II to 2016.

What is clear from railroad history is that if government is to mix with private enterprise, something unavoidable in most instances, then it should do so in ways that serve its citizens, and that mission should come first.

there is no single Keynesian way out of depression, so there is no single Keynesian system of political economy. Keynesianism can at best be a common element in very different systems of mixed economic life. In terms of economic policy it has only one proposition: that governments should make sure that aggregate demand is sufficient to maintain a full-employment level of activity. By what mix of politics, policy and institutional innovation this is to be done is a political-economy question. One thing of which we can be tolerably sure is that the next phase of political economy will see less reliance on export-led growth, a more restricted financial system, an expanded public sector, and a more modest role for economics as tutor of governments.

Mixed neighborhoods create public simultaneous thinking, many perspectives converging on the same moment at the same time, in front of each other. Many languages, many cultures, many racial and class experiences take place on the same block, in the same buildings. Homogenous neighborhoods erase this dynamic, and are much more vulnerable to enforcement of conformity.

Quoting page 63: Business interests not surprisingly supported the [1965 immigration reform] bill as well, but were not a driving force behind it. Because the baby boom was pouring new workers into the economy, and the assault on racial discrimination promised to feed millions of underemployed blacks into the workforce as well, employers did not seem to be looking for workers overseas. Even the growers were quiet. Sponsors of the Bracero farm worker program that had imported hundreds of thousands of mostly Mexican contract workers since 1942—the program averaged 430,000 guestworkers a year from Mexico during its peak 1955-60 years—the growers had been attacked by organized labor, religious, and civil rights organization for exploiting foreign workers and depressing labor standards. The same liberal coalition that backed the civil rights and immigration reforms of 1964-65 had persuaded Congress to terminate the Bracero program in 1964. … The Wall Street Journal, commenting on the conservative nature of the immigration reform, noted on October 4, 1965, that the family preference priorities would ensure that “the new immigration system would not stray radically from the old one.” The historically restrictionist American Legion Magazine agreed, reassured by the promises of continuity. As Senator Edward Kennedy had pledged in the Senate hearings on immigration, first, “Under the proposed bill, the present level of immigration remains substantially the same,” and second, “the ethnic mix of this country will not be upset.

Two things determined the mix between these two types of jobs and the extent of inequality the postindustrial transition produced. First, the greater the education and skill level of the workforce, the higher the level of wages in general. Second, the greater the institutionalization of labor markets in services (in addition to manufacturing), the higher the quality of service sector jobs in general.

6The report showed that while ‘intangible assets’ were growing on US and UK company balance sheets at nearly three times the rate of tangible assets, the actual size of the digital sector in the GDP figures had remained static. So something is broken in the logic we use to value the most important thing in the modern economy. However, by any measure, it is clear that the mix of inputs has altered. An airliner looks like old technology. But from the atomic structure of the fan blades, to the compressed design cycle, to the stream of data it is firing back to its fleet HQ, it is ‘alive’ with information.

Bookchin looked forward to a future “ecological society, structured around a confederal Commune of communes, each of which is shaped to conform with the ecosystem and bioregion in which it is located.” Everyone will engage in organic farming and use solar and wind power. New technologies will be employed in “an artistic way,” freeing up time for other activities: “gardening, the crafting of objects, reading, recitations,” and experimental mixed farming for biological diversity. The notion of ownership, even collective ownership, will disappear, replaced by “a holistic approach to an ecologically oriented economy.” Instead, “everyone would function as a citizen, not as a self-interested ego,” committing himself to a sense of oneness with the community—and with nature.47

The entire history of economic progress can be recapitulated in the four-stage evolution of the birthday cake. As a vestige of the agrarian economy, mothers made birthday cakes from scratch, mixing farm commodities (flour, sugar, butter, and eggs) that together cost mere dimes. As the goods-based industrial economy advanced, moms paid a dollar or two to Betty Crocker for premixed ingredients. Later, when the service economy took hold, busy parents ordered cakes from the bakery or grocery store, which, at $10 or $15, cost ten times as much as the packaged ingredients. Now, in the time-starved 1990s, parents neither make the birthday cake nor even throw the party. Instead, they spend $100 or more to “outsource” the entire event to Chuck E. Cheese’s, the Discovery Zone, the Mining Company, or some other business that stages a memorable event for the kids—and often throws in the cake for free. Welcome to the emerging experience economy.

We understand the transnational to denote the stage of globalized capitalism characterized by David Harvey, Fredric Jameson, and others as the universal extension of a differentiated mode of production that relies on flexible accumulation and mixed production to incorporate all sectors of the global economy into its logic of commodification.

Independent of injury risk, easy running is indispensable for long-term speed development. That seems counterintuitive. But if running training were an episode of MTV Cribs, when they got to the room with easy running, you’d say “This is where the magic happens” as you winked at the camera. Easy running enhances capillary development and aerobic enzyme activity—introduce an anaerobic stimulus to the mix, and it all gets mucked up. It also increases your running economy, reducing the amount of energy it takes to go a given pace.

Despite the myth of American mobility, for decades the more socialized economies of northern Europe have done a far better job of allowing people to rise above the station of their parents, while class lines in the US have hardened. The American dream has been alive in social democratic Scandinavia—alive, but not well. As we’ve seen, the pressures of the global market have breached even well-defended social compromises in Sweden and Denmark. The preface of this book introduced a notional argument between Karl Marx and Karl Polanyi. Critics of capitalism writing in the spirit of Marx have long insisted that capitalism is doomed by its own contradictions. Polanyi, with Keynes, believed that given the right democratic mobilization and the right policy interventions, a mixed economy could adapt and thrive. That hope was realized in the three decades after World War II. Conversely, Polanyi argued that if markets were not harnessed in a broad public interest, their excesses would destroy both market society and democracy. This is what happened in the 1920s and 1930s, and it has echoes now.

One reason the findings of Bernstein, Root-Bernstein, and Garnier are striking is that they challenge the belief that intellectual activity and athletic ability are mutually exclusive. Terms like “vita contemplativa” or “life of the mind” don’t exactly conjure up images of physical prowess, and they tap into a medieval belief that cultivation of the mind and spirit requires a denial of the body. Economists’ classifications of “white-collar” versus “blue-collar” jobs, “knowledge work” versus manual labor, and knowledge-based economies versus ones that produce mere stuff, all tell us that work divides into neat, separate categories. In the United States, the notion that integrals and intervals don’t mix is reinforced by American stereotypes about collegiate athletics and the unfortunate willingness of some sports-mad universities to tolerate underprepared student athletes while discouraging bright ones from pursuing academically demanding majors.

Hamilton had promoted a forward-looking agenda of a modern nation-state with a market economy and an affirmative view of central government. His meritocratic vision allowed greater scope in the economic sphere for the individual liberties that Jefferson defended so eloquently in the political sphere. It was no coincidence that the allegedly aristocratic and reactionary Federalists contained the overwhelming majority of active abolitionists of the period. Elitists they might be, but they were an open, fluid elite, based on merit and money, not on birth and breeding—the antithesis of the southern plantation system. It was the northern economic system that embodied the mix of democracy and capitalism that was to constitute the essence of America in the long run. By no means did the 1800 election represent the unalloyed triumph of good over evil or of commoners over the wellborn.

remedy the “anarchy” of the market, the socialist planned economy is utterly irrational. Its irrationality is due to the elimination of the essential indices for determining rational production and distribution – namely, prices. Von Mises showed that prices represent the incredibly thick and vital data sets required for allocating productive resources for commodity production and calibrating these to demand. Socialism is irrational because by beginning without prices for the machinery of production, no rational criteria could ever emerge for allocating resources to specific production processes. And when unpriced consumer goods are added to the mix, the chaos multiplies – unless, that is, political force is applied, and it always is. Eliminating prices, the socialist economy cannot provide the feedback loops required for determining what to produce or how much of it to produce. Cancerous, over-sized productive capacities in one sector of the economy are paralleled by relatively anemic productive capacities in another, and so on. And resorting to the labor theory of value won’t fix the problem. The socially average amount of labor time required to produce a commodity, even if it determines a commodity’s value (a doubtful claim in any case), is by no means an adequate index for determining the amount of resources to devote to its production. This means that socialism fails not only at resource allocation but also at the economic representation of the people it claims to champion. Absent price mechanisms, economic “voters,” or consumers, have no way to voice their needs and wants. Production and distribution must be based on the non-democratic decision-making of centralized authorities. Those who really care about the working masses must reject socialism for its incapacity to establish economic democracy, its most fundamental reason for being.

WaterLess Urinal Swachh Bharat Abhiyan (Clean India Mission) accelerate sanitation coverage in rural and urban areas. Stakeholders and people from all sections of society have welcomed it as a major step to achieve a healthy and hygienic environment for the citizens of India. This is retrofit waterless urinal technology that gets fitted at base of urinal bowl. It consists of an inlet and outlet cartridge through which urine passes and seals the outlet once the urine is drained out. The technology converts conventional urinal into waterless urinal. No need to remove the old urinal bowl. Advantages:- Waterless urinals do not require a constant source of water Can be built and repaired with locally available materials Low capital and operating costs Waterless urinals produce fewer odours than urinals with water flush and also have no problems with urinal cakes (odour and urinal cakes occur when urine is mixed with water) Waterless urinals contribute to water saving at the greatest possible degree Waterless urinals allow the pure and undiluted collection of urine for reuse, e.g. as fertilizer in urban farming (after appropriate treatment, e.g. storage) and can contribute to closed loop economy, or for effective anaerobic treatment by e.g. an anaerobic ammonium oxidation (anamox) reactor Surface water and aquifers are protected from nutrients and pharmaceuticals if the urine is collected separately Special Feature :- One time fitment Hygienic - Dry restroom prevents bacteria cultivation No Flushing Allocation of transport resources, including the management and regulation of existing transportation activities. No Consumables Waterless and Odorless No Recurring Costs Longer Shelf Life Low & Easy Maintenance Just wipe and clean Structural Feature :- Thin-walled lighted weight Low porosity Ease of transportation Modular Design Flexible in design Minimal surface cracking

1 shallot, finely chopped 1/2 teaspoon salt red or white wine vinegar 1 bunch parsley, leaves picked from stems and roughly chopped 1/2 clove garlic, chopped and pounded to a paste with a tiny bit of salt in a mortar with a pestle or on a cutting board 1 anchovy fillet, finely chopped 1 teaspoon capers, finely chopped 1/2 cup olive oil Put the shallot in a small mixing bowl. Add the salt and then enough vinegar to cover. Let it sit for 10 to 15 minutes. Drain the shallot of its vinegar, reserving it for a future vinaigrette. Mix the shallot and the rest of the ingredients together.

Statistical surveying assumes a critical part in grasping business sector elements, customer conduct, and industry patterns, especially in arising economies like Myanmar. As organizations in Myanmar look to explore a quickly developing business sector scene, the administrations presented by statistical surveying firms become progressively important. In this article, we will investigate the universe of market research firms in Myanmar , with a particular spotlight on AMT Statistical surveying. From their administrations and industry experiences to their effect on business development, we will dive into the key viewpoints that make statistical surveying fundamental for progress in Myanmar's business climate. 1. 1. Prologue to Statistical surveying Firms in Myanmar Understanding the Statistical surveying Industry in Myanmar Welcome to the universe of market research firms in Myanmar! In a nation overflowing with potential and valuable learning experiences, statistical surveying firms assume a vital part in assisting organizations with exploring the unique scene. 2. Outline of AMT Statistical surveying in Myanmar Foundation and History of AMT Statistical surveying AMT Statistical surveying isn't your regular person in the business. With a set of experiences as brilliant as a rainbow and a standing that sparkles more splendid than a disco ball, AMT has cut its name as a believed accomplice for organizations looking for bits of knowledge in Myanmar. Key Differentiators of AMT Statistical surveying What separates AMT from the rest? Consider them the Sherlock Holmes of statistical surveying - sharp, clever, and consistently a stride ahead. Their mystery ingredient lies in their capacity to mix information with instinct, giving clients a triumphant edge on the lookout. 3. Administrations Presented by AMT Statistical surveying Statistical surveying and Investigation Administrations AMT doesn't simply do the math and regurgitate reports. They jump profound into the dim waters of market patterns, purchaser conduct, and contender experiences to present a platter of key suggestions that hit the bullseye without fail. Counseling and Warning Administrations Need a directing hand in the deceptive territory of the Myanmar market? AMT's counseling and warning administrations resemble a compass, pointing you in the correct heading and assisting you with avoiding entanglements. Think of them as your market whisperers. 4. Industry Bits of knowledge and Patterns in Myanmar Key Businesses in Myanmar's Market From the clamoring roads of Yangon to the quiet shores of Inle Lake, Myanmar's market is a blend of different businesses. Whether it's the roaring tech area or the customary rural industry, AMT Statistical surveying keeps a finger on the beat, all things considered, Arising Patterns and Potential open doors What's hot and what's not in Myanmar? AMT Statistical surveying has their radio wires up, scouring the skyline for arising patterns and once in a lifetime kinds of chances that could be a distinct advantage for organizations. Remain tuned with them to ride the flood of progress in Myanmar's always developing market.## 5. Significance of Statistical surveying in Myanmar's Business Scene Statistical surveying assumes a urgent part in assisting organizations with exploring the unique scene of Myanmar. By giving significant bits of knowledge into purchaser inclinations, market patterns, and contender techniques, statistical surveying engages organizations to pursue informed choices that drive development and achievement.