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Cake day: June 12th, 2023

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  • Yes, they are not consistent in their own logic. They are hypocrites. But that doesn’t mean they aren’t committed to global, free-market capitalism. They’re committed to it in the same way a religious person might be committed to their faith, despite not following, or even knowing all of its precepts. In fact, the rules and definitions of global, free-market capitalism don’t matter. The rules of capitalism are whatever they want them to be, similarly, again, to a pastor who molds his denominations religious teachings to whatever suits him.






  • Musk has publicly praised the book, ‘The Capitalist Manifesto: Why the Global Free Market Will Save the World,’ that came out last year. The book, as you would assume, advocates for essentially unregulated, free market capitalism. I think Musk, and others like him, see a second Trump term as an opportunity to try and bring about the capitalist utopia that the book envisions.

    If you’re a capitalism supporter, this is likely good news. And long may the free market reign. If you’re a socialist, well, you better be organizing workers like there’s no tomorrow.


  • Nuance is important, but it’s also difficult for laypeople. Not because they’re unintelligent, necessarily, but because they haven’t studied and trained like experts have. That’s why we have to be able to rely on experts. But, deferring to the authority of experts means giving up at least some power. I think that can work when there’s trust between the experts and the laypeople, but when trust is lost, laypeople will no longer respect the authority of experts. That’s what the experts, the “elites” have to understand: their expertise gives them authority, and with authority comes power, and, well, as uncle Ben would say, with power comes responsibility, and accountability. I don’t think the experts of today take their responsibility seriously enough, nor do I think they take proper accountability.


  • Voters’ perceptions of the economy are starting to flip along partisan lines

    I mean, no shit. People act like partisanship is arbitrary, but it isn’t. We fundamentally disagree about what economic policies, or even which economic systems are best. If you think unregulated, free-market capitalism is best, you’re going to be happiest when the free-market capitalist party is in power. If you’re a neoliberal, you’re going to be happiest when the neoliberals are in power, if you’re a social democrat, you’re going to be happiest when the social democrats are in power. If you’re a socialist, you’re going to be happiest when the socialists are in power.




  • at some point some country will weigh the risks of climate change and take matters into its own hands.

    Yeah, I could see that happening. Maybe even the US. Maybe Elon Musk reads a Twitter thread about geoengineering, decides it’s the solution to warming, starts a company called GeoX and convinces Trump and the Republicans to give him and GeoX $5 billion a year, he buys a bunch of jets, fills them with sulfur dioxide and has them fart out a bunch of it around the Arctic every year. GeoX stocks soar, Musk becomes the first trillionaire, and the US federal government has added only a trivial amount to its already vast debt total. It almost doesn’t matter if it works or not.



  • So, what does this all mean for us? It means we have even less time to get our act together. Reducing emissions isn’t just a good idea — it’s crucial.

    I don’t think this will motivate countries to dramatically increase emissions reduction efforts, but I think it will motivate countries to begin geoengineering. Geoengineering is cheaper and easier than rapid emissions reduction, and the results are more immediate. Yes, it doesn’t solve the core problem, which is the concentration of GHGs in the atmosphere, but it treats the symptom, albeit temporarily. Why put a lot of time, money, and effort into fixing the core problem when you can spend comparatively less time, money, and effort just treating the symptom? Then you can just pretend the core problem doesn’t exist and go about business as usual.

    Edit: sorry, I should have added the /s.