The system of interaction of humans by which the production and exchange of goods and services are organized, leading to particular forms of distribution and possession of income and wealth.
In recent weeks, I have had the experience of being in some very large chunks of the “built environment.” The airports in Houston and Mexico City are just huge, if not spread out as far as the terminals at Denver. Even looking out the bay windows in an attorney’s downtown 16th-floor conference room at the snow-capped … More On the Ground Again: Enchanted in Lyon
As commonly used in finance, “intermediation” refers to banks and other financial institutions borrowing from savers/investors and lending to companies that need funds for investment in operations and new projects. I will look at the idea more broadly here. Intermediation occurs in countless ways in our industrial-consumer society. Most of the time, we do not … More Intermediation Blues
As Republicans try to drive a wedge between “centrist” and progressive Democrats, the Democrats might not need any help to achieve failure. They are well on the way to falling flat in front of the unique challenges they face in a bizarre couple of years running up to the 2020 presidential election. Party Palliatives DNC … More The Democratic Party Dilemma: Is it Real?
I was not ready for more travel, though I had to go to L.A. for a doctor’s appointment a couple of days ago. An airline ticket was actually cheaper than a half-hour telephone consultation, which insurance does not cover. Not that I don’t like traveling; I do. But it is, after all, part of that … More In the Air Again: Expectations and Complications of Global Travel
Today, the world faces multiple interacting crises, most of which now approach catastrophic proportions. With every new research report on climate disruption, species extinction, ecological destruction, or various population, economic, or political disturbances, it becomes clear that many are at or approaching a tipping point toward chaos. Political authorities remain unable even to formulate, no … More Tax the Markets!
Another in the series of occasional rants by the Mad Jubilado. Over two hundred kilometers per hour? That’s more than 124 mph! Well, we seemed to be going pretty fast. It was no Shinkansen (the Japanese “Bullet Train”) rocketing the 330 miles from Tocho-Mai Station in Tokyo to Kyoto between 150 and 200 mph. In … More On the Rails Again: Euro Trains are No Amtrak
For most “moderns” the role of economic growth in assuring human progress appears necessary, whatever problems it may cause. Yet, the evidence has grown to such undeniable levels that continued economic growth, at least as we practice it now, is simply unsustainable on this small planet. Climate scientists, ecologists, environmentalists, and Earth system scientists have … More Economic Growth or Societal Development: a Matter of Survival
I was an undergraduate student in anthropology when I saw a remarkable documentary film depicting the lives of the !Kung people. Also known as the San, they lived in the Kalahari Desert of southern Africa as hunter-gatherers, still undisturbed by outside forces in 1952-3 when some Harvard ethnographers shot the film. The social structure of … More Our Grand Illusions vs. Survival
Many consider China to be the leader in responding to global warming because of its shift in energy production from coal to solar. It sells more solar panels in the U.S. than American companies do. It appears to be seriously responding to the devastating smog levels in Beijing and taking other measures to curtail carbon … More China’s New Colonialism in Malaysia: A Harbinger?
Resistance seems necessary, though clearly, it is not sufficient. What will resistance get us, really? A slower unraveling of American Democracy? Maybe, but not much slower. Democracies die not so much by military coup but by slow erosion of crucial institutions such as the courts and the press. The anti-democratic forces of the corporate state … More Beyond Resistance
Robert MacNeil Christie, Author 