South African Home Affairs is refusing to renew asylum seekers' temporary papers, exposing them to arbitrary arrest. Some of them have been waiting for permanent papers for more than a decade.
Groundup
Groundup
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The Cracked "personal experience" stories have generally been very well done, and are actually some of the more insightful bits of journalism I've seen lately. Here is an article talking about the editorial process. Spectator
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This column conflates two issues. On the one hand is the issue of government financing. The present regime of "quantitative easing" involves central banks buying government bonds and other securities. This increases the price of assets and decreases borrowing costs in the short-term, but actually isn't very inflationary in the long-term - everyone knows that the central bank will eventually sell those bonds again. If they really wanted to "print money", they could announce they were buying bonds and *never getting rid of them*. This would essentially create money out of thin air, which the government could do with as it pleased. As it happens, I think printing money, in limited quantities, would probably be a good thing, since much of the rich world is suffering deflation right now.
On the other hand is the question of what a government should do with borrowed (or printed) money: buy corporate bonds, prop up banks, build infrastructure, hand out cheques to people, etc. As it happens, I think handing out cheques would also be rather a good use of money. But where the money comes from and what you do with it are separate issues! Guardian
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Some of this resonates, but I also see how it could be used by the "Social Justice Warriors are censoring me! *boo hoo*" crowd. Thoughts? McGill Daily
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LOL. "The geek hierarchy"
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"Given a choice between a course of action that would make capitalism seem the only possible economic system, and one that would transform capitalism into a viable, long-term economic system, neoliberalism chooses the former every time. There is every reason to believe that destroying job security while increasing working hours does not create a more productive (let alone more innovative or loyal) workforce. Probably, in economic terms, the result is negative—an impression confirmed by lower growth rates in just about all parts of the world in the eighties and nineties.
But the neoliberal choice has been effective in depoliticizing labor and overdetermining the future. Economically, the growth of armies, police, and private security services amounts to dead weight. It’s possible, in fact, that the very dead weight of the apparatus created to ensure the ideological victory of capitalism will sink it. But it’s also easy to see how choking off any sense of an inevitable, redemptive future that could be different from our world is a crucial part of the neoliberal project."
Baffler
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"A local Tumblr account, Suburban Fear, highlights just how common racial profiling is in the community forums and neighbourhood watches of South Africa’s suburban neighbourhoods and how self righteous volunteers proudly speak of “taking back the streets” as they continue to enforce informal apartheid in South Africa 20 years after democracy." Daily Vox
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"Personal injury lawyers have become so familiar with such vehicular niceties that they've coined a term for them: the "wave of death." Cracked
The Cracked "personal experience" stories have generally been very well done, and are actually some of the more insightful bits of journalism I've seen lately. Here is an article talking about the editorial process. Spectator
>>><<<
This column conflates two issues. On the one hand is the issue of government financing. The present regime of "quantitative easing" involves central banks buying government bonds and other securities. This increases the price of assets and decreases borrowing costs in the short-term, but actually isn't very inflationary in the long-term - everyone knows that the central bank will eventually sell those bonds again. If they really wanted to "print money", they could announce they were buying bonds and *never getting rid of them*. This would essentially create money out of thin air, which the government could do with as it pleased. As it happens, I think printing money, in limited quantities, would probably be a good thing, since much of the rich world is suffering deflation right now.
On the other hand is the question of what a government should do with borrowed (or printed) money: buy corporate bonds, prop up banks, build infrastructure, hand out cheques to people, etc. As it happens, I think handing out cheques would also be rather a good use of money. But where the money comes from and what you do with it are separate issues! Guardian
>>><<<
Some of this resonates, but I also see how it could be used by the "Social Justice Warriors are censoring me! *boo hoo*" crowd. Thoughts? McGill Daily
>>><<<
LOL. "The geek hierarchy"
>>><<<
"Given a choice between a course of action that would make capitalism seem the only possible economic system, and one that would transform capitalism into a viable, long-term economic system, neoliberalism chooses the former every time. There is every reason to believe that destroying job security while increasing working hours does not create a more productive (let alone more innovative or loyal) workforce. Probably, in economic terms, the result is negative—an impression confirmed by lower growth rates in just about all parts of the world in the eighties and nineties.
But the neoliberal choice has been effective in depoliticizing labor and overdetermining the future. Economically, the growth of armies, police, and private security services amounts to dead weight. It’s possible, in fact, that the very dead weight of the apparatus created to ensure the ideological victory of capitalism will sink it. But it’s also easy to see how choking off any sense of an inevitable, redemptive future that could be different from our world is a crucial part of the neoliberal project."
Baffler
>>><<<
"A local Tumblr account, Suburban Fear, highlights just how common racial profiling is in the community forums and neighbourhood watches of South Africa’s suburban neighbourhoods and how self righteous volunteers proudly speak of “taking back the streets” as they continue to enforce informal apartheid in South Africa 20 years after democracy." Daily Vox
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"Personal injury lawyers have become so familiar with such vehicular niceties that they've coined a term for them: the "wave of death." Cracked
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