Monthly Archives: May 2022

MSNBC’s Chuck Todd claims the right appeases White supremacists by crying ‘free speech’ – Fox News

Posted: May 17, 2022 at 7:05 pm

NEWYou can now listen to Fox News articles!

MSNBC host Chuck Todd declared Tuesday that the right uses the concept of free speech to "appease the White supremacist movement."

While discussing Democratic lawmakers efforts to prevent mass shootings in the wake of the Buffalo, New York shooting that left 10 dead, Todd brought up the idea that the right and conservative media are encouraging or at least making room for White supremacist attacks, claiming arguing for free speech and combating online censorship implicitly aided racists.

People light candles at a makeshift memorial near a Tops Grocery store in Buffalo, New York, on May 15, 2022, the day after a gunman shot dead 10 people. - Grieving residents from the US city of Buffalo held vigils Sunday after a white gunman who officials have deemed "pure evil" shot dead 10 people at a grocery store in a racially-motivated rampage (Photo by Usman KHAN / AFP) (Photo by USMAN KHAN/AFP via Getty Images)

LA TIMES EDITORIAL BOARD BLAMES NORMALIZATION OF VIRULENT WHITE SUPREMACY ON REPUBLICANS

Speaking with NBC News correspondent Garrett Haake, Todd referenced conservative concerns over the new Disinformation Governance Board that was announced by the Department of Homeland Security in April.

"Garrett, look at the way that the right try to weaponize the idea that the DHS was going to essentially try to attempt to monitor hateful rhetoric. They want to make it seem as if its some sort of Big Brother," he said. "And its like, this is always what the right does to appease the White supremacist movement by saying, Hey, free speech. Dont touch speech."

Haake agree and scoffed at conservatives fear over the government board. "Right," he said, "the Ministry of Disinformation they called it."

U.S. President Joe Biden and first lady Jill Biden look at a memorial in the wake of a weekend shooting at a Tops supermarket in Buffalo, New York, U.S. May 17, 2022. (REUTERS/Brendan McDermid)

WATTERS: THE LEFT IS TRYING 'CAPITALIZE' ON THE BUFFALO, NY SHOOTING TO DIVIDE THE COUNTRY

Haake then went on to mention a "frustrating" conversation he had earlier with Senator Mike Braun, R-Ind., in which the lawmaker expressed disagreement with a bill combating these shootings as "domestic terrorism."

Haake slammed Braun and Republicans at large for this, adding, "The attaching of labels or to make it right-wing domestic terrorism because thats what were talking about at least in this specific case all of a sudden changes the conversation that Republicans are willing to have about this, and were right back at square zero."

NBCs Chuck Todd dinged President Biden for failing to make the comparison during his first State of the Union. (Photo by: William B. Plowman/NBC) (William B. Plowman/NBC)

CLICK HERE TO GET THE FOX NEWS APP

"Well, look, this is sort of the chickens coming home to roost," Todd said. "They have been appeasing this wing of the party for years and year and years. And now they are stuck with this group."

Follow this link:
MSNBC's Chuck Todd claims the right appeases White supremacists by crying 'free speech' - Fox News

Posted in Free Speech | Comments Off on MSNBC’s Chuck Todd claims the right appeases White supremacists by crying ‘free speech’ – Fox News

Free Speech in a House Full of Chickens – Word and Way

Posted: at 7:05 pm

One of the joys of growing up in the rural South has to be the food. In a land where there are not four seasons, just hot and hotter, theres plenty of seasoning. As James Autrey put it, Seasons came with food not the other way around.Our seasons were identified by the foods that we raised. Planting potatoes, butterbeans, tomatoes, squash, cucumbers, watermelons, corn, purple-hull peas rites of passage from spring to summer to fall. And theres the meat. Thats where fried chicken takes over the kitchen. The chicken was so revered in the South that we called it the gospel bird.

Rodney Kennedy

I reminisce about fried chicken for one serious reason. Fried chicken, at least until someone invented nuggets and assorted pieces, came as breast, thigh, leg, and wing. The most valued piece at our table was the breast. Lucky was the person who managed to get two chicken breasts at dinner. The poor wings were the last pieces to leave the platter.

Now that politics has become a junk food mall, the chicken has been reduced to one more fast-food item: Chick-fil-A, Kentucky Fried Chicken, Popeyes, Raising Canes, and so many others. Joshua Gunn says that one could argue in a peculiar, perverse sense, that our junk food habit is homologous to our piquant political diet these days. The allure of junk food matches the allure of our politics simple, cheap, fast, superficial, but somewhat tasty. Junk food addicts care nothing for nutritional value and good taste. Political junk food addicts care nothing for rational deliberation and good manners.

Add a dollop of ketchup to this cuisine nightmare and you have poor taste in spades. Gunn remarks about ketchup, As culinary histories go, we probably should not be surprised that a seventeenth-century Asian table sauce made of pickled fish would turn up in the United States in an octagonal bottle of sugary red pulp, the butt of which one . Must. Relentlessly. Pound. To release. The. Tangy. Treacle. The ketchup of American politics is emotions. Both the left wing and the right wing churn out emotions from the outrage factory.

Prominent political actors have figured out that the media all of it has about a fourth-grade level in terms of what gets publicity. Politics in America have, therefore, become a giant chicken house. If you have ever been in a chicken house (one of those long, tin-roofed, wire-wall cages that hold up to 5,000 chickens per house) then you know that its 50% noise from cackling chickens and 50% chicken poop. The only good day in a chicken house is the day the trucks show up, all the chickens are put in crates, hauled away, and the house is emptied, clean, and sanitized. This, of course, doesnt feel possible for our Chicken House of Politics.

A famous preacher once prayed: God is not for the right wing or the left wing. God loves the whole bird. Not in our political culture. All that matters are the wings. The rest of the bird is now manipulated and even silenced by the wings. Together these wings represent only a third of the population, but they control political discourse for the time being.

What complicates this over-hyped, wing-saturated culture is the outrage that erupts when a speaker engages in his or her own brand of controversial speech. Liberals use free speech to shame conservatives. On the other hand, conservatives use free speech to attack minorities, immigrants, and women. Conservatives say that liberals use political correctness to police conservative speech. Free speech and hate speech are a volatile mixture.

More and more people accept all kinds of speech and invoke free speech privileges if you attack them for being rude, crude, and obscene. Profanity is now seen as a sign of strength for political candidates. Profanity has become, for some, a civic virtue. There seems to be a sort of rhetorical synergy between profanity and civility. This is remarkable in a culture that not so long ago was entertained by George Carlins comedy riff, Seven Words You Cant Say on TV. Shouldnt at least one or two people at least raise an eyebrow that profanity has been promoted to the profound.

Traditional ceremonial rhetoric seems no longer sufficient to satisfy a rabid publics need for leaders to shout back at all kinds of outrage and terror with defiant, uncivil, reckless, profane outbursts. Outrage, profanity, and crazy, off-the-wall ideas are offered a place at the table of normality.

To some, this may sound like attempting to close the barn door after a couple billion horses have bolted. But somewhere there has to be a conversation, a deliberation, a discernment about the future of democracy. Maybe theres a slight chance of a crack in the door of emotion for a return of Aristotle. After all, to Aristotle, moderation was the ideal approach to behavior. He taught that extremism led to unhappiness in every aspect of life. Extremism was unwise. Now, thats a twenty-five-hundred-year-old idea that needs a fair airing in public.

Free speech has become more about being free than it is about speech. The cry is for more freedom, unlimited freedom. The irony is that theres been a dumbing down of free speech. No one seems to care about the debilitating impact of hate speech on others. When conservatives were required by federal law to swallow existing racism, they were strangely quiet in the decades following the Civil Rights movement. Now, they have returned with a vengeance, blurting out all kinds of racist verbiage. This time they have two allies in tow: denial of racism and free speech. In what sense has it become acceptable for Christians to defend hate speech? Or to deny the realities of history or systemic racism?

Egor Myznik / Unsplash

I cannot believe that a new age of outrage, public profanity, and bad manners will prevail among us. No matter how many people are feeling free I am not convinced that this movement will make us proud of being Americans or rewrite our social attitudes and democratic practices. I admit that I hope this is a fad that will fade into obscurity. There is an undercurrent of evil in our midst like a bad moon rising, and we should not lose our sense of urgency. Perhaps the advice of Plato can shake us from the doldrums: And when the orator instead of putting an ass in the place of a horse, puts good for evil, being himself as ignorant of their true nature as the city on which he imposes is ignorant; and having studied the notions of the multitude, persuades them to do evil instead of good, what will be the harvest which rhetoric will be like to gather after the sowing of that fruit? Anything but good.

The warning signs that our obsession with wings undermines democracy are too strong and too in-our-faces to ignore. Eddie Glaude, Jr. in Democracy in Black, observes, Together we must close the value gap and uproot racial habits by doing democracy, once again, in black. If we fail this time and if there is a God I pray that we dont this grand experiment in democracy will be no more.

One powerful voice in our wing-based politics was that of Vaclav Havel, the poet who became president of Czechoslovakia. Havel suggested that the world was losing the idea that the world might actually be changed by the force of truth, the power of a truthful word, the strength of a free spirit, conscience and responsibility no guns, no lust for power, no political wheeling and dealing. To abandon truthfulness for lies, deception and the vague notion of freedom puts the public sphere at risk. Havel said, I am convinced that we will never build a democratic state based on the rule of law if we do not at the same time build a state that is humane, moral, intellectual, spiritual, and cultural. Havels poetic expressions of the power of moral democracy resound as an orchestra filled with trumpets drowning out the cacophonous sounds of a house full of noisy chickens

Rodney Kennedy has his M.Div. from New Orleans Theological Seminary and his Ph.D. in Rhetoric from Louisiana State University. The pastor of 7 Southern Baptist churches over the course of 20 years, he pastored the First Baptist Church of Dayton, Ohio which is an American Baptist Church for 13 years. He is currently professor of homiletics at Palmer Theological Seminary, and interim pastor of Emmanuel Friedens Federated Church, Schenectady, New York. His sixth book The Immaculate Mistake: How Evangelicals Gave Birth to Donald Trump is now out from Wipf and Stock (Cascades).

Link:
Free Speech in a House Full of Chickens - Word and Way

Posted in Free Speech | Comments Off on Free Speech in a House Full of Chickens – Word and Way

Hate crimes and free speech: Where do we draw the legal line? – GBH News

Posted: at 7:05 pm

The horror and hatred surrounding last weekend's massacre in a Buffalo supermarket has shocked the nation, sending yet another chilling reminder about the toxic combination of racism, access to guns and mental health that afflicts some young white men in this country. It also renewed the conversation about hate crimes, the right to free speech and the complicity of white supremacist groups in these tragedies. Daniel Medwed, GBH News legal analyst and Northeastern University law professor, joined host Paris Alston on GBHs Morning Edition to talk about the intersection of these issues. This transcript has been edited for clarity and length.

Paris Alston: So Daniel, there's been a lot of evidence coming out around this murder, this mass murder, that it was motivated by racial bias, particularly because the murderer had a white supremacist manifesto. He was influenced by white supremacist vitriol online. And there's talk about it being charged as a hate crime as a result of all that. Do you think that'll happen?

Daniel Medwed: Absolutely. All signs are pointing in that direction, Paris. Under New York law, a murder will be elevated to a hate crime and subject to an enhanced penalty if the perpetrator, quote, intentionally selects the victim or commits the act based on race, national origin, gender or some other protected status. And given the manifesto that you mentioned and all of the other facts surrounding this tragedy, it appears as though prosecutors would have a very strong basis for charging this as a hate crime.

Alston: And how does that compare to how it works here in Massachusetts?

Medwed: It's very similar here in Massachusetts. A crime becomes a hate crime when it's committed with the, quote, intent to intimidate the individual because they belong to a protected group and that the person was chosen because of their protected status. So the semantics are a little bit different, but the gist is largely the same here in the Commonwealth.

Alston: How hard is it for prosecutors to prove that? I mean, does there have to be proof that the bias was the entire reason for the crime, or much of the reason, or just part of the reason?

Medwed: Those are critically important questions. And I think the answer depends on the precise jurisdiction and the statutory language in place. Does it have to be the entire reason, as you point out, a substantial motivating factor or just part of the equation? Fortunately, here in Massachusetts, we have a 2015 SJC decision, Commonwealth v. Kelly, that supplies an answer. In that case, the court said that prosecutors do not have to prove that bias was the predominant factor or even a substantial motivating factor in a hate crime. They just have to show that the bias was part of the narrative. It's a rather benign or lenient standard for the government, which at least in theory may seem to make it a little easier to charge something as a hate crime here than in some other places.

Alston: So, Daniel, thinking about that evidence that we mentioned that we have of the shooter's motive, do defendants in these hate crime cases ever raise a First Amendment defense? You know, maybe they say that elevating an offense to a hate crime would be punishing them for viewpoints that they're entitled to have, even if they may be bigoted and offensive.

Medwed: People often make those types of arguments. It comes up a lot. A defendant will say they're being penalized for their First Amendment views and that that's unconstitutional. But those efforts have largely failed so far. And here's why. First, I think it's important to note that the First Amendment doesn't provide blanket protection for all speech. The government may impose reasonable time, place and manner restrictions on even protected speech. And not all speech is subject to robust constitutional safeguards.

Second, and I think more notably, the Supreme Court has already explicitly addressed the nexus between the First Amendment and hate crimes. In a 1993 case called Wisconsin v. Mitchell, the defendant got an enhanced sentence. If I recall, he got seven years instead of two because Wisconsin prosecutors believed that he had intentionally selected the victim based on race. It's a statute that's very similar in Wisconsin to the one in New York that we just mentioned. Mitchell, the defendant, then claimed, hey, this is a First Amendment violation. I'm being punished. I'm being given an extra sentence because of my bigoted views, because of my unpopular viewpoints. And he challenged it all the way through the Wisconsin courts. And the Wisconsin Supreme Court agreed with him and said that this was unconstitutional. He was being punished in violation of his First Amendment rights. But get this the U.S. Supreme Court then took the case and in a unanimous decision the court said no, Mitchell was not being punished for his speech. He was being punished for conduct that was animated by racial bias.

Alston: So sort of acting on those bigoted views.

Medwed: Exactly. And so motive is always an appropriate factor in sentencing. It's not the speech that's being punished. But as you point out, Paris, it's acting on those racially charged and horrific views. So that case, the Mitchell case, provides to some extent a really good safeguard for prosecutors when facing a First Amendment challenge in this context.

On a moral level, certainly they [white supremacist groups] bear a lot of responsibility for creating this vile environment in which racial hatred could flourish on a legal level, though, Paris, it's much more challenging.

Alston: I see. So, Daniel, in the couple minutes we have left with you, I want to talk to you about this growing white supremacist conspiracy known as replacement theory that's been being floated around because of what we believe to be the shooter's motive. And so this theory claims that the powers that be are pushing a population shift to replace native-born Americans with immigrants and other nonwhite people. And this has been said to be spread by everyone from fringe groups and individuals to people like Tucker Carlson on Fox News. So given that, is there any onus for what happened and maybe could happen later down the road on people or groups who may be pushing this in the media?

Medwed: Well, on a moral level, certainly they bear a lot of responsibility for creating this vile environment in which racial hatred could flourish. And it's foreseeable that some people are going to act on these horrific views. On a legal level, though, Paris, it's much more challenging. So on the one hand, the legal theory here is often complicity or accomplice liability, that these white supremacist groups aid or abet "abet" is just a fancy legal word for encourage they encourage racial hatred and therefore they have acted as accomplices in these racially charged crimes. So you can argue that they've acted, that they've aided or abetted in these crimes.

On the other hand, you're an accomplice if you both act and you have a culpable mental state, you have to act with the purpose for that particular crime to occur. And that's where it becomes difficult for prosecutors to argue that these groups are accomplices because they can always say, hey, our views are very general, they weren't particular to this defendant, to this act. It wasn't our purpose to foment this particular act of violence.

Alston: Well, Daniel, per usual, you have made something very complicated, a lot easier to understand, and we thank you for that.

See more here:
Hate crimes and free speech: Where do we draw the legal line? - GBH News

Posted in Free Speech | Comments Off on Hate crimes and free speech: Where do we draw the legal line? – GBH News

PM reflects on shoe throwing: Free speech or act of violence? – The Phnom Penh Post

Posted: at 7:05 pm

Ouk Touch, the man who threw a shoe at Prime Minister Hun Sen in Washington, DC. fb

Prime Minister Hun Sen on May 17 questioned whether a man who threw a shoe at him while he was in the US was exercising freedom of expression or if it was an act of hostility.

Hun Sen was referring to an incident last week when a Cambodian-American later identified as Ouk Touch threw a shoe at him while he was greeting a crowd of supporters and taking selfies with them during his visit for the ASEAN-US Special Summit in Washington, DC.

Touchs shoe missed the premier but hit the phone of a supporter who was taking a picture. He was then chased off by those present before any police intervention could take place.

Speaking to the volunteer healthcare workers from the Samdech Techo Voluntary Youth Doctor Association (TYDA) on May 17, Hun Sen said he had told his supporters to remain tolerant because if he had not done so, they might have done something more drastic to Touch for his actions.

Please dont forget that it was the US who was responsible for my security there, he said. Does the US regard this as freedom of speech or an act of violence? That is my question for them. I am not preaching to them, but the US must clear this up for me. I hope that the US ambassador in Phnom Penh will send the entirety of my message to the US administration.

During an interview with Radio Free Asia, Touch confessed that he had tried to accomplish the act several times previously but failed, including during the ASEAN- South Korea summit in Busan in October of last year.

Hun Sen said that if the US regards throwing shoes at him as freedom of expression, then the world would be left without any semblance of law and order.

He said this was not a small issue, suggesting that the US think carefully on the matter before replying. He stressed that he was not calling for the US government to take legal action against Touch, but simply to explain their views to him.

We know the group in Phnom Penh who is backing [Touch] and they should be careful about who they throw shoes at. Thats not a threat. Its just my own legal and political analysis, he said, adding that those who support Touch seemed to regard his act as heroic.

He renewed his call for supporters to remain calm and exercise tolerance in the face of provocations, while adding that he hoped their anger was not so great that it could no longer be controlled and warning that civil society organisations should avoid willfully misinterpreting his comments on this issue.

He also instructed Minister of Foreign Affairs and International Cooperation Prak Sokhonn and the Cambodian ambassador to the US not to file any formal diplomatic complaint with the US government over the incident.

Chad Roedemeier, spokesman for the US embassy in Phnom Penh, avoided addressing the issue directly when asked for a response to Hun Sens remarks.

The US-ASEAN Special Summit commemorated 45 years of US-ASEAN relations and demonstrates the US enduring commitment to ASEAN centrality in delivering sustainable solutions to the regions most pressing challenges.

The United States and ASEAN have committed to establishing an ASEAN-US Comprehensive Strategic Partnership that is meaningful, substantive, and mutually beneficial at the 10th ASEAN-US Summit in November 2022, he said.

Yong Pov, a professor of political science at the Royal Academy of Cambodia, said that throwing a shoe at the prime minister was immature and immoral and that Touch should know better given that he lives in a highly developed country and apparently comes from a Cambodian cultural background.

He shows his bad intentions with his actions that really are an embarrassment to civilised people and an affront to traditional Cambodian culture, he said.

Read the original post:
PM reflects on shoe throwing: Free speech or act of violence? - The Phnom Penh Post

Posted in Free Speech | Comments Off on PM reflects on shoe throwing: Free speech or act of violence? – The Phnom Penh Post

Will the World Overcome the Russia and Covid Crises? – Opinion: Free Expression – WSJ Podcasts – The Wall Street Journal

Posted: at 7:05 pm

This transcript was prepared by a transcription service. This version may not be in its final form and may be updated.

Speaker 1: From the opinion pages of The Wall Street Journal, this is Free Expression with Gerry Baker.

GERARD BAKER: Hello and welcome to Free Expression with me, Gerry Baker, from The Wall Street Journal Editorial Page. We're delighted you're listening to this podcast. If you enjoy it, please be sure to subscribe at Apple Podcasts, Spotify, and elsewhere, and please also be kind enough to leave us a favorable review.Now, at The Journal's Editorial Page, we believe strongly in free expression and each week on this podcast, we explore in depth and candor issues of topical and other interest. We speak in depth to people who are leading figures in their field, practitioners, experts, commentators, to give us a better understanding of the major issues of our times.I'm happy to say my guest this week is Ian Bremmer, geopolitical analyst, author, and commentator. He's the president and founder of Eurasia Group, the global research and consulting firm, and also of GZERO Media, which provides coverage and analysis of global affairs. That's named, by the way, for the concept that Ian developed of a GZERO World, one in which no major power has hegemony in an increasingly complex and competitive era. He is a prolific author, and he has a new book out this week called The Power of Crisis: How Three Threats and Our Response Will Change the World. Ian Bremmer joins me now.Ian, thank you.

Ian Bremmer: Gerry, always good to talk to you.

GERARD BAKER: I want to get onto your book, obviously, and the three crises that you talk about and how we respond to them. But it is, of course, one of the perils of book writing that we can be overtaken to some extent by events. I know you completed this book, I think literally days before the Russian invasion of Ukraine. In fact, you include an addendum in the book in which you address it and talked about that and how it fits in, so I do want to start with that, if we could, because I know you're a keen observer of these things and you talk to top politicians and policymakers around the world, and you've been observing the last couple of months just as the rest of us have with, I suppose, a degree of awe and shock.Let me ask you, start with this, if we could, with Russia and Ukraine. We are now, as I say, two months into this war. It clearly hasn't gone according to Vladimir Putin's plan. It's clearly resulted in an extraordinary response that in many ways probably is weakening Russia much more than Putin could possibly have anticipated, and the Ukrainians are showing extraordinary resilience and military capability. Where do you think this goes from here, Ian? How do you assess this and where does it leave Russia's ambitions?

Ian Bremmer: Well, Gerry, first of all, I wish that Putin had read my draft, because I feel that maybe he might have not pulled the trigger on this full on invasion into Ukraine. It's the whole point of the book.

GERARD BAKER: That's one of the most creative blurbs that anyone could possibly have come up with.

Ian Bremmer: Yeah, yeah. I'm not sure he'd want to give me a quote, frankly, but I mean, the fact is that this is a crisis that we are so obviously taking advantage of, and it was Putin who clearly thought that that wasn't possible and that's why he invaded. He believed, watching the lack of response from the West in Georgia in 2008, in Ukraine in 2014, watching the quagmire in Afghanistan and the United States pulling out of that war in disaster and largely unilaterally, watched the United States wanting to focus more on Asia, not wanting to deal with Russia particularly, watching a new German government, wasn't Merkel, social Democrats, more engaged with the Russians, watching Macron saying, "Let's go our own way," and thinking, "This is the absolute perfect time to go all in and remove Zelensky and create a new, greater Russian empire." Because of course, this is the humiliation that Putin has been dealing with for decades. The fact that what he calls the biggest geopolitical debacle of the 20th century, that the Soviet Union dissolved and the Russians were the losers of the Cold War.What Putin, of course, did not in any way appreciate was that that invasion was exactly what would bring the United States and Europe and other allies together, that it was precisely the motivation that would end the brain dead status, the obsolescence, as Macron and Trump put it, of NATO.Now to answer your question more directly, what's going to happen to Putin, he is going to be completely isolated, decoupled, cut off from the G7, from the advanced industrial democracies of the world, and I think that's permanent diplomatically, economically, culturally. I think that Putin in any scenario that we come up with is in materially worse position, as is his country, than they would've been if they had never decided to invade on February 24th.

GERARD BAKER: Cut off from the G7, true, but not cut off from China with whom he has a new alliance, not cut off from India, or some of the most important emerging markets in the world. I pose this in a rather sort of cynical provocative way, but does it really matter if he's cut from what we used to call the West, sort of north Atlantic, if you like, plus Japan and Australia and one or two other countries, has responded with remarkable unity to this, but does it matter in the end really? One of the central thesis of your analysis in the last dozen years or so is that we don't live in a unipolar world, we don't live (inaudible) by the US. Is his Alliance with China and there's continuing relations with other countries in the world, does that actually help him overcome the challenges that he's facing from the West?

Ian Bremmer: Well, first of all, Gerry, I don't think it's a provocative way of asking the question. I think it's an honest way of answering the question. You just put out a number of facts that are reality, right? There's no question that the developing world is continuing to do business as usual with Russia and they are not with the United States, decidedly not with the United States and NATO and Japan in the response to this crisis, even though arguably they should be because the impact, for example, on food prices and on fertilizer that is getting cut off makes this crisis vastly more important for poor countries than for example, the crises in Syria or Somalia or Sudan or Afghanistan.But be that as it may, a couple of things I would bring up to you. The first is that not only were there these massive sanctions from the West, but they literally froze half of Russia's assets, which has never been done to a G20 country before and which no one expected, even after the Russians invaded Ukraine. That's a significant hit to their economy and those assets are not going to be on frozen. Secondly, if you look at Russia, look at the map, very different from looking at China and increasingly the gravitational pull of the global economy being driven by Asia. Most of Russia's population is in the west, most of their infrastructure is to the west, most of their trade is towards the west, and so that means that for the near term future, the impact of Europe being cut off, the United States doesn't matter so much, there's very little trade there, but the impact of Europe being cut off actually matters a lot to Russian oligarchs, to Russian companies, to Russian oil and gas and coal flows, and that's not going to get changed anytime soon.The military, and of course the Russians, they're the second largest military producer in the world, but that's unlike oil and gas and coal, that requires supply chain and increasingly they don't have the spare parts. They're not going to be able to produce those advanced componentry, and so I worry, India's going to buy a lot of oil from Russia at cheap prices, but will India keep buying MIGS from Russia when they can no longer actually get the parts for them? Most of the people I talk to in the US military industrial complex believe this is a huge opportunity for them, not so much just because the United States is spending more in defense in the near term, but because all of those countries, the Russians were exporting to are now going to be markets that are up for grabs. So that's interesting.Then finally, I didn't mention China and China, of course, quite famously Xi Jinping on February 4th described his relationship with Putin as, "A friendship without limits." That's an extraordinary thing for Xian ping to do, but now a couple months into the war, we can increasingly describe the China relationship as also a friendship without many benefits because when the United States told the Chinese, "Don't you dare provide military support or break sanctions, or there's going to be held to pay," fact is that Chinese have a lot of lawyers in their companies and they like Russia. They have a much more aligned worldview with the Russians, and we can talk about that, Gerry, but they also understand that the Russian economy is 1/10th the size of China and their trade, China's trade, is vastly more important with Europe in the United States than it is with Russia. I think that informs the conversations that Xi Jinping has had both with Chancellor Schultz and with President Macron in the last week that are much more about not wanting to be tarred with the same brush in terms of international relations and economic engagement as they are with the Russians and the Chinese think privately, "No, no, no. We want to cease fire. We want to work with you guys."It's interesting that you're right, that it is the West that is leading the response to China and not the world, and there isn't an international community to speak of on this issue or on many frankly, but that this crisis has actually created real opportunities for the West to put itself in a better position, materially better, than it would have been in if no invasion had occurred and the Chinese and the developing world is ultimately going to do less with that than a lot of people would've expected.

GERARD BAKER: I just want to pry into that a little bit, but there's been obviously the kind of prevailing narrative in, again, what we generally call the West for the last decade or so has been declining faith in liberal democracy, rising populism, rising discontent with the system that we thought was actually had been so clearly demonstrated to be superior at the end of the Cold War, whether it's Brexit or Trump or rise of the populist rights in continental Europe, there's been this sort of general sense of, if you like, of kind of malaise and dissatisfaction. There's been a lot of talk since the invasion. That narrative is now changed by this. Do you, by that, do you think that this does renew the West's faith in itself? Does it diminish the self immolating process that the West has been going through in the last 20 years or do you think this is just a passing phase and we'll get back to thinking that we're doomed?

Ian Bremmer: First of all, it's a great question. It's the right question to be asking right now. I think the answer depends on where you're looking. I am much more optimistic about answering that question in Europe. I think that Macron won more decisively in France once he decided to start actually campaigning because people remembered Le Pen and said, "We cannot have someone aligned with the Russians. We can't have someone euroskeptic in this environment."

GERARD BAKER: If I may interrupt, she did get 42% of the vote.

Ian Bremmer: Yes, she did. But before she was within a couple of points before the invasion happened. Suddenly, remember, the election was pretty new. On the back most of that campaign was not with the Russians invading Ukraine. It was before. So you're asking me do I think that there was a response from the invasion and I'm saying yes. I'm saying I think this would've been a lot closer or maybe she could have even won if it wasn't for the invasion. I'm answering your question.I think Poland was heading in a much more euroskeptic direction until the invasion occurred and now, of course, they welcome 2 million Ukrainian refugees. They're asking for much stronger, much more integrated NATO. They're getting it from Germany, and I think the Polish government is seeing a much greater utility in a strong and united European Union.I, in general, I think that there is, and Hungary is the clear exception, and less of an exception if you look at their response to the pandemic, we can get into that later, but in general I would argue that the Russian invasion of Ukraine is seen as an existential crisis across Europe, not just for Ukraine, but for democracy as a whole and a stronger EU is becoming a higher priority for populations as a consequence. When even the social Democrats can take the lead on that in Germany, a little bit like Nixon is the only one that can go to China, I think that will be structural and long lasting. I would not make that argument in the United States.

GERARD BAKER: We're going to take a short break there, but when we come back, we'll have more with Ian Bremmer. Stay with us.Welcome back. We're talking with Ian Bremmer about his book Three Future Crises and How We Can Handle Them.In your book you talk about these three major crises. We can talk a little bit in more detail about them, but the three crises are pandemics, if you like, the global health risk that we've obviously seen for the last two years, climate change, which we are very familiar with, there are different views about how serious it is and what measures need to be taken but most people agree changing climate is a significant threat. Thirdly, you talk to us about the threat from technology. These are three big threats.What I find interesting about the book in, very interesting and perhaps unexpectedly so, even from you and you're an optimistic fellow, is you do express significant optimism about this. You talk about dealing with those challenges is going to require both international cooperation, particularly between the US and China and again, we'll talk a little bit more about that relationship, but you do also talk about the other big challenge is the US itself coming together rather more than it has over the last 20 years in a unified way to deal with that challenge. You do identify that as one of the central challenges. Tell us about that, and because as it stands, it doesn't look very promising, does it, in terms of us domestic harmony is not, even with the significant bipartisan support that there is, by the way, for the Biden administration's response to what Russia's done, there remains this underlying division, tension to the point where the two sides, it looks like they don't even want to be in the same country.

Ian Bremmer: No, I mean, look, even on Russia, I saw the tweet from Donald Trump Jr., not someone I usually like to quote yesterday talking about, "Hey, $40 billion to Ukraine and when are the Russians going to start sending nuclear subs off of our coast? And should we really be doing this?" Rand Paul's been very skeptical, JD Vance, of course, saying, "Why do we care about Ukraine?" I do think it is possible that Trump is testing that out and by the time we get to midterms, the United States might be much more divided even on that issue, even on that issue, in a way that the Europeans will not. But look, I start this book, the book is ultimately quite hopeful as you say, but I start this book from a position of realism, from recognition of where the world is today.I think there are two big realities that we have to accept. One is that the United States is the most politically divided and dysfunctional of the advanced industrial economies, period. It is just true, it is a reality, and it's not getting better. The second is that the most important geopolitical relationship in the world, the US-China relationship has no trust and is increasingly decoupling, it's not becoming more integrated. The trends of both of those things are not positive.If you told me that the optimism and hopefulness of my book relied upon the United States getting our political system functional and in order and the US and China coming to a level of partnership and agreement and collaboration on the global stage, I wouldn't have written the book because I don't think those things are going to happen in the next five to 10 years. I can tell you what would make them happen, but they're not realistic. They're not plausible in the near term. What's interesting and hopeful about this book, and you already see this argument in what we've just discussed on Russia, is that I firmly believe that we can respond effectively to these crises, even with the US being so dysfunctional and divided as an actor, even with the United States and China not getting along on the global stage.

GERARD BAKER: Let's go through these crisis just one by one. The pandemics, the global health threat, that has not been, and again, I do accept that a lot of this is the US and you think maybe even if the US is not involved in this corporation, then you can still deal with it. But the US is an important player and what we've seen from this pandemic, I think if anything, is far from a coming together in the face of a global threat, by the way, I like the way you start the book with a famous story of Ron Reagan and Gorbachev meeting in, what was it, '85 and '86. Reagan's first question being would Russia come to the US's defense if the US was attacked by an alien? And he says yes. You betray these threats on that level of threat to the globe as a whole and the need to come together.But surely what we've seen from the pandemic the last two years is actually, if anything, again, division, mistrust, division, don't trust the Chinese, they haven't been truthful about pretty well anything, the Americans have fallen apart themselves over pandemic responses, restrictions, mask wearing, vaccine mandates, all that kind of stuff. I agree with you. It's not been quite as extreme in Europe, but you have seen quite a lot of that, particularly in the UK and maybe some other countries. The experience the last two years doesn't lead us to much optimism, does it, that we would face another one, perhaps even greater one, that we'll be any more united or anywhere able to deal with it?

Ian Bremmer: Yeah, and of the crises in the book, the lessons from the pandemic on balance have not been great. Again, this is not a book in service of an ideology. This is a book in service of, it is a target rich environment for global crises. Clearly you can take advantage of crises when they occur. How are we doing and where is the hope? On balance, the pandemic is not the best argument here.Why not? Well, first of all, because the Chinese covered it up for the first month and as a consequence, led to enormous mistrust between the United States and China, led the United States to withdraw from the World Health Organization.

GERARD BAKER: Maybe not just for the first month. They've been covering up a lot. They've been covering up surely the extent of the spread up till now, and they may well, we still don't know, but there's still a very plausible argument that says this thing actually started leaked out of a lab by accident, and the Chinese absolutely adamantly resists that. It's not just that first (crosstalk).

Ian Bremmer: No, no, it wasn't just the first month. My point is that you started the crisis with this original sin from China and they lied to their own people and everyone else, and that made it much harder to create international trust and response to this. The only reason we found out about what this disease was and how to genetically map it was because of a Chinese doctor, against the admonitions of the Chinese government, got it out to an Australian website and then the rest of the world could start working on it. This was the opposite of international cooperation. This was the opposite of Gorbachev and Reagan coming together to fight the aliens. Once the Chinese finally started taking it seriously at home and they locked down and they tracked and they traced, and their economy got back open and running within months, well, they then had a lot of both arrogance and complacency in looking at the rest of the world that wasn't taking it as seriously, that didn't lockdown, that also cared about individual rights, and so much complacency that today you now have an environment where we have more mRNA vaccines in surplus than probably any other commodity in the world. The Chinese are desperately in need of them, but refuse to license them, refuse to let us help to be able to vaccinate their older populations with vaccines that would be effective. It's exactly the opposite of what's necessary.Now there are positive lessons from COVID, from the pandemic, that do show more cooperation, and I'm happy to talk about them, but if you asked me on balance in the last two years, did we learn from this crisis? Did we take away what we needed to? The answer for COVID has been no.

GERARD BAKER: Let's move on to see your second threat which is climate change. Again, isn't to some extent one of the lessons of the last two months we've seen since the invasion by Ukraine of Russia, that we as well, especially the Europeans, were put into this extraordinary position, partly as a result of pursuit of what many would argue were somewhat unreasonable ambitions for renewable energy, that they've been put in this strange position of essentially downgrading, in fact actually degrading their own domestic fossil fuel, traditional energy production. Also by the way, we can add into that nuclear powers, especially in the case of Germany, and upgrading their renewable capabilities, but not upgrading their renewable capabilities so anything like the level that was needed, and so increasing their dependence on fossil fuel energy from a country that was never going to be, and should never have been seen as a reliable partner.We could say the same to some extent in the US. The US has been energy sufficient as a result of climate change policies by this administration in particular, we've been moving away from that and Biden administration finds itself going out to Saudi Arabia and begging them to increase production. Again, the history of, talked about the history of the pandemic in the last two years, in terms of the context of your book and this idea of global cooperation, the history of energy and the environment in just the last two months doesn't inspire a lot of optimism either, does it?

Ian Bremmer: I hear, I just disagree. I actually think that you need to take the longer view when you look at climate and energy, just as when you look at most global crises. The reality is that we are in a radically different position today than we were five or 10 or 20 years ago. That trajectory is permanent and there's no question that the fact that the Russians are being boycotted in terms of their coal, increasingly in terms of their oil, and probably soon in terms of their gas by the Europeans and the Americans, and also in terms of their transit and their insurance, which again means that they will have a really hard time, even though those aren't secondary sanctions, with global export, precisely because the Europeans do so much of it, they have the supply chain. But that is going to lead in the near term, sure. That means that you have a major gap that needs to be filled and the Americans are filling it for the Europeans to a degree, the Qataris are filling it, these east areas are filling it, Saudi Arabia is doing a little bit though not because of the United States and on and on and on.But what that really means for the Europeans is we want to get as fast as possible, we want more efficiency and we absolutely want, we want more nuclear, and we want more transition faster to renewables. More broadly, not just looking at the last two months now but looking at the last five, 10 years, what we've seen is despite the fact that the United States and China are not coordinating globally, we've seen that people around the world increasingly see this as a major problem, that the amount of money that is being spent and invested in renewables and in supply chain for electric vehicles and in next generation nuclear, is exponentially greater than it was, making it cheaper at scale, so much so that within one generation, certainly by 2045, maybe by 2040, a majority of the world's energy will no longer be coming from fossil fuels. That is an extraordinary change that no one would have expected even 10 years ago.You have to ask yourself why. Well, how is it possible that we've moved the needle so fast? How is it possible that climate change feels a lot more like what I call a Goldilocks crisis. One that's not so big that you crawl up in a ball, but not so small that you just keep going on the way you were going on, as opposed to the crisis of COVID that we largely didn't coordinate, respond effectively to.I think there are a couple of answers to that. I think one is because in both cases you have most of the world that matters in terms of power in responding to this crisis, agreeing on facts. We talked about that already in terms of the response to Russia, that there was only a Ukraine narrative in all of the West, there was no one supporting Putin, there was no one justifying the other side of the story. There was no disinformation on it. The same thing didn't used to be true on climate, but is today. 195 countries have gotten together with the IPCC report and said, "Look, the Intergovernmental Panel for Climate Change, we have 1.2 degrees of climate change already. We know it's anthropogenic, it comes from humanity, it's not because of nature." Even 10 years ago, you didn't have that level of agreement. Now you do. Everyone agrees on what the problem is. They don't agree on necessarily how to respond to it, how much money to spend, but they agree on what the problem is.Furthermore, the farther the crisis evolves, the more we recognize it affects all of us. That was true with the Russia-Ukraine crisis in a short period of time, that is increasingly true in the climate crisis. It's no longer about just the Maldives and about Bangladesh. It's about California and Australia and Italy. That also really compels. It creates much more movement towards confirmation of your (inaudible), as opposed to the pandemic where if you were skeptical about it in the early days, you became more skeptical about what Fauci was telling you, about masks, and about the need to lockdown over time because of the tools that were available, but also because of the politicization of the crisis.

GERARD BAKER: Very quickly back on the energy and climate. This isn't the lesson of the last few months that governments have learned is that security of supply, the changed world that we live in after February 24th and the Russian invasion, security of supply is going to Trump, isn't it? Even the longer term ambitions for whatever your net zero date ambition may be, security of supply we've seen is so important in terms of the immediate threats, in terms of significantly higher prices or indeed, actually, of lack of availability of physical supply. Isn't that going to, at minimum, complicate the ambitious net zero agenda that you've outlined?

Ian Bremmer: I actually think that securities supply and a net zero agenda are very aligned. They weren't aligned when you couldn't develop these renewable energies at scale. But the reality is moving away from fossil fuels, one of the solutions is don't decommission your nuclear plants. Keep them. It's not fossil fuels anymore. That helps you with net zero, that's really important. A second one is move faster on renewables so that you have control. That's a decentralized energy source. You're not as reliant on the Saudis if you have more effective and larger renewables at scale. A third is don't rely on the Russians. Nord Stream 2, horrible idea. The United States has been pushing on that for a long time. Trump administration was very solid on that with Merkel. Merkel said, "No, talk to the hand." The Germans now understand that was completely stupid, it was a strategic mistake. But all three of those things work in concert in my view, very clearly. In the short term and in the long term.

GERARD BAKER: I think the third threat that you identify is a really particularly interesting one and one that I think hasn't been as much explored, which is technology. We're all familiar with cyber security concerns. You particularly talk about that, but you talk about artificial intelligence and also quantum computing and how much of a threat that can be. Just explain, first of all, what that is, and the threat that poses, and how you think we are positioned to resist that?

Ian Bremmer: This crisis is, you're right. It's the one that's getting the least attention right now. Everyone's been talking about COVID and climate and Russia for the last couple of years. Who's really talking about disruptive technologies and what are they talking about when they discuss it? Because everyone's problem is different, is that monopolies, the tech companies have too much power, or is it free speech and cancel culture or is it political polarization, disinformation? All this stuff.What I'm focusing on broadly is that we are developing technologies which are incredibly dangerous to the development of our kids, to the persistence of democracy as a political system, and even to the existence of the species. These disruptive technologies, we've had an experience with one in the 20th century. It was nuclear weapons, and we knew how dangerous it was and we did everything we could to contain the proliferation, and we were largely very successful at that, but we were successful precisely because it was a very complicated technology that required both very dangerous and fairly rare natural elements in order to put it together, and that meant that governments coming together had an easier time preventing them from proliferating.I am deeply concerned, cyber weapons, and you look at AI algorithms and disinformation, when you look at lethal autonomous drones. Even when you look at quantum computing, the ability to contain those disruptive technologies, to stop them from proliferating, is orders of magnitude greater and maybe undoable compared to nuclear weapons. Yet these technologies are potentially, and perhaps even very likely, as dangerous if not more dangerous than nuclear proliferation, so how can we not, as governments and as other actors with power over these technologies, how can we not start to address them as an existential crisis?

GERARD BAKER: But how do we? This, again, requires a remarkable degree of international cooperation. How do we achieve that kind of corporation, that sense of solidarity, which doesn't seem to be there at the moment that enables us instead, people view technology not as an existential threat to the globe, they see it as not a framework of your aliens coming from out of space and invading the earth. They see it as a great opportunity, a great advantage to secure their own benefit, to secure their own dominance in the world. How do you persuade them to back off that and somehow see it as a common threat?

Ian Bremmer: Well, they see it as both. When the colonial pipeline hit occurred, Biden met with Putin a year ago in Geneva, and didn't even bring up Ukraine. He said, "Look, if you guys don't cut that out, this is going to lead to direct conflict between our two countries." The Russians actually did tell some of these cyber gangs to knock off the attacks on critical infrastructure as a consequence of that conversation. I think people do understand in time some of the nature of these threats, but you're absolutely right, Gerry, that mostly when we talk about tech, we talk about convenience, we talk about click through, we talk about all the money that's made, and certainly the business models are not doing anything to try to prevent us, to try to display us.

GERARD BAKER: State actors and bads see it as a weaponized opportunity for them to secure advantage over somebody else. They're not incentivized to share what they know, they're incentivized actually to achieve more and more of an advantage, whether it's in cyber or AI or all of these things so they can actually inflict damage on their rivals. Isn't that right?

Ian Bremmer: Again, I think that they see it in both ways, but to the extent that there is no architecture, there are no guardrails, there is no nudging towards more responsible behavior, then you have a collective action problem. What these individual actors will do is say, "Well, if it's mostly offensive technology, I'm going to make sure I'm really good at it." It's what the Americans do, it's what Chinese do, it's what the Russians do, it's what the Israelis do.Part of the problem, so you say, "What do we do about it?" I think there are a couple of things that we do. One is you educate the public about it so that they get outraged and they start pushing for changes in behavior the way they have on climate change before it's too late and it's not too late on climate change. That's the extraordinary thing. Well, it's not too late on AI either. That's one thing you do.A second thing you do is you recognize that we have none of the institutions in architecture that would actually allow for us to identify which of these issues really would benefit from collaboration, would benefit from common rules of the road that otherwise we're going to destroy ourselves. We did that with nuclear weapons. We haven't done that yet with AI and disruptive technologies. We have a World Trade Organization and a lot of money has been made by the Americans on the back of that, the multinational corporations and a global middle class has emerged as a consequence of it. We don't have a world data organization. It seems fairly clear that we need one because it actually is responsible for driving so much of the global economy, but also for creating so many of these dangerous practices that undermine national security and personal security. The only reason we don't have it is because when we were in institution building mode, data wasn't a thing for the global economy or national security, now it is. It's pretty clear that the world, and we're going to need to start with countries that trust each other, but it needs to be suitably open, that chapters can be opened for anyone that's willing to behave in accordance to those values, will need to start creating that architecture.Another thing I will say is that unlike the WTO, which was an organization of governments, of states, a world data organization, and all of the regulatory framework and all of the rules of the road that need to be created to deal with at least some of these issues cannot just be about governments, because corporations are actually sovereign in their digital space. Big tech companies, they create the walled gardens, they build the algorithms, they determine the rules of the road. They know. Even cybersecurity, Ukraine's getting attacked, the Americans and NATO are defending them in terms of javelin weapons and stinger missiles but in terms of cyber, it's Microsoft, it's Google. It's not the United States government. The multilateral framework you're going to need to create to start to respond to these problems cannot just be through governments, will need to be multi-stakeholder from day one, and that's new. That's completely new in the way we think about global governance.

GERARD BAKER: Right. Finally, it's been a fascinating conversation, but final broad point, which again, you address in your book and I want you to address it here. It's become almost automatic among commentators and political figures in the West now to say that we are in a new kind of cold war. They were saying that before the Russian invasion of Ukraine, they were saying it, obviously, with respect to China, with what we saw when Trump came in 2017, radical change in US posture towards China. There was no more strategic engagement, there was actually strategic rivalry, and economic tariffs and all this stuff. But even when Biden succeeded Trump, there was a clear acknowledgement that we were in a changed relationship with China. Since early February, as you say, China and Russia have now established themselves in this alliance without limits. They talk about you've got other countries, obviously, who are in that sphere around China. This does all tend to reinforce the sense that we are revisiting the Cold War and only in potentially much more dangerous, much more frightening ways.It seems to me that if that is true, and if the world is devolving into these two camps, as it did in the Cold War, then your book and the hopeful, but realistic, but certainly aspirational objectives that you lay out in your book for this world of global corporation just seems to me that it's kind of like, it belongs to the pre-new Cold War era. That happy period we had maybe between 1991 and 2010 or whatever, when we did think that the world would move in global cooperation. Now we're in these two camps. What's the real prospect for achieving this global cooperation to address these big threats you talk about? What is the prospect for actually achieving them?

Ian Bremmer: Well, I mean, the fact that I'm as hopeful on climate as I am, and this is in an environment where the Americans and Chinese are competing with each other, but competing because both countries recognize that you don't want the other to just dominate the post-carbon energy environment. It's not just about polar bears, saving the whales, and hugging the trees. It's about if we're not going to be fossil fuels in 30 years, we better make sure that the Americans have influence there and the Chinese saying the same thing. It's actually a virtuous competition as opposed to a vicious competition. That also leads me to the response to the core piece of your question, which is in a new Cold War environment, can you get global responses?My response to you is there is a new Cold War between Russia and the G7 and Russia's going to be cut off economically, and I think that's essentially permanent, at least as long as Putin is there.I completely reject the idea that we are in a new Cold War with the Chinese. First of all, the Germans don't accept it, the French don't accept it, and they don't accept it anymore because of what's happened in the last couple of months. The Chinese don't accept it. The Chinese do believe the Americans are trying to contain China in Asia and they don't like that, but there's also massive interdependence between the two countries economically. If you ask me in the next 10 years, even though there is decoupling happening with some ensuring and with areas of the economy that are seen as dual use for national security, I would make a strong argument that there will still be more interdependence between the US and China overall in a decade than there is today. That is not a Cold War. It's mistrust, but what it really is a married couple who don't love each other anymore, but they have kids in the house, and they both love the kids, and as a consequence they're going to stay together.

GERARD BAKER: That's a particularly mutually hostile Cold War, even if I may say so, but I'm teasing you slightly, but you know what I mean.

Ian Bremmer: It does mean that you can work together and I do think that we're going to, and the same way that Democrats and Republicans will ultimately have to work together. I think that the US and China will ultimately have to work together. The question is, will it be enough? In a way that the Americans and the Soviets never had to work together.

GERARD BAKER: You're optimistic that despite China's ambitions, despite the challenge that it poses in east Asia, you think that those concerns can be buried in the face of these larger threats?

Ian Bremmer: No, I don't think they can be buried at all, but I think that those concerns coexist with greater interdependence and the crises that I talk about only add to the interdependence. They don't lead to more decoupling. Climate creates more interdependence, not less. The next pandemic will create more interdependence, not less. Our AI concerns will create more interdependence, not less. Will that be sufficient for us to continue to exist as a species? I have to hope so and I suspect you do too.

GERARD BAKER: Ian Bremmer, Eurasia Group, author of the new book, The Power of Crisis: How Three Threats and Our Response Will Change the World. Thank you very much indeed for joining us.

Ian Bremmer: Gerry, that was a real pleasure.

GERARD BAKER: That's it for this week's episode of Free Expression with me, Gerry Baker, from the Wall Street Journal Opinion Pages. Thank you very much for listening. Please do join us again for another deep exploration of the issues that are driving our world. Thank you very much and goodbye.

View original post here:
Will the World Overcome the Russia and Covid Crises? - Opinion: Free Expression - WSJ Podcasts - The Wall Street Journal

Posted in Free Speech | Comments Off on Will the World Overcome the Russia and Covid Crises? – Opinion: Free Expression – WSJ Podcasts – The Wall Street Journal

Ayn Rand’s We the Living: Back on the Silver Screenand Better Than Ever – The Objective Standard

Posted: at 7:04 pm

Several decades ago, Emmy Award-winning filmmaker Duncan Scott worked with Ayn Rand to restore the 1942 Italian film adaptation of her first novel, We the Living. Set during the Russian Revolutiona period that Rand witnessed firsthandWe the Living shows how a totalitarian state makes human life impossible. Scott is now preparing a newly restored high-definition edition of the movie. Using state-of-the-art technology, Scott went frame by frame, removing scratches, dirt, and other flaws accumulated while the film was stored. His goal is to bring this extraordinary film to todays viewers in its full glory.

This interview came largely from Scotts appearance on OSIs podcast The Hero Show and contains spoilers for We the Living.

Robert Begley: I first met you in 1988 at a private screening of We the Living in New York City, a few months before it initially hit theaters. Then I bought it on VHS, then DVD when it came out in those formats. Im a huge fan and was thrilled to hear you speak in Charlotte last November about your project to restore this movie. Why dont you start with how the film came about?

Duncan Scott: Thank you, Robert. The way this movie got made is a big irony, and there were a lot of ironies involved in its production. But the first and biggest was that We the Living was semiautobiographical, drawn heavily from Rands own life growing up in Russiayet here is a movie made without her input, permission, or knowledge. She didnt find out about it until long after it was released. Its really amazing that something like that could happen.

One reason is because America was at war with Italy. The filmmakers should not have adapted this book because they had no mechanism for getting the rights to it. But they said, Lets go ahead and make the movie anyway, and well sort things out later. That was the way the associate producer put it to me when I met him many years later.

Begley: Take us back to Italy. How did the project start?

Scott: A minor hero in this story was the daughter of the head of Scalera Studios; I believe her name was Margherita. She read the book, which was fairly popular in Italy when it was published by Baldini and Castoldi-Milan in 1936. She thought it would make a great movie, so she talked to her father and the people at the studio. There was some concern about it because of its antiauthoritarian themes, which obviously wouldnt sit well with the fascist government. It could get people into trouble. But the filmmakers thought that if they made it carefully and avoided the most controversial issues, it would be OK.

Begley: How did they plan to get around Mussolinis fascist censors?

Scott: This is another of the ironies: Mussolinis own son, Vittorio, advocated for the film and helped move things along. The fascists controlled the Italian movie industry, as well as every other industry, so every movie that went into production had to be approved by them.

You might ask, Well, how did the filmmakers think they could get away with it? Russia was a wartime enemy of Italy, and the fascists thought that anything showing communists in a bad light was good propaganda. So, the filmmakers thought they could take advantage of this.

Fortunately, the authorities didnt look much deeper than its anticommunist message. What they did was come to the editing room each day when the dailies (the footage that was shot the previous day) were delivered.

The filmmakers would shoot a scene that they thought was somewhat controversial, but when the authorities came the next day to look at it, the editors tucked away the controversial scene and showed them other footage. The authorities had a rough idea of how much of a movie gets shot every day, and they would say, Wait a minute, is that all there is? Didnt you shoot more yesterday? No. Thats all there is, they would say.

So, there was a lot of finagling and getting around the censors by hiding footage throughout the production process. Most important, they put back these controversial scenes right before the film opened at the 1942 Venice Film Festival.

Thats when all hell broke loose.

Begley: Excellent. Well get to how all hell broke loose in a minute, but can you first give some specific names: the director, writer, actors?

Scott: Yes. The director, Alfredo Alessandrini, was well established. He had done some films that were sympathetic to fascismI think a lot of people went along with fascism to save their careers, and perhaps thats what he was doing. But he was very excited about doing this movie. They brought in a couple of writers who were big names in Italy to write the script while Alessandrini was away finishing another movie. But when he came back and saw the script, he said, This is hopeless.

The writers had liberally changed major aspects of the story. For instance, they changed Kira, the heroine, from wanting to be an engineer who builds bridges to wanting to be a ballerina. Such changes showed Alessandrini that the writers didnt understand the character, so he didnt even give them a chance to rewrite the script. He said, Im throwing this out. Were going to work with a new script. But they were ready to go into production. The sets were built. The actors were hired, and the clock was ticking.

Then he asked Anton Majano, with whom he had worked closely, to do it. Majano was the associate producer on the film, and he wore many hats. I met Majano in Rome, and he told me a lot of this backstory. He is a hero without whom we wouldnt have this film today.

Given that they had to begin filming, Majano simply took the book and started writing a script that was taken nearly word for word from Rands dialogue, often finishing any given portion just a day or two before they filmed it. There was no time to make big changes, which was fortunate. They had to stick closely to the book.

Begley: I would imagine that this was difficult for the actors.

Scott: If they get their pages a day or two in advance, its usually OK. But it was getting hard to track how long the movie was becoming. They kept filming and filming, getting enough material for way more than one movie. In fact, the original version of We the Living was released as two films, Noi Vivi and Addio Kira. However, they didnt tell the actors theyd decided to make two films. They just went ahead and filmed it, because otherwise, theyd have had to pay the actors more money. Lead actors Rossano Brazzi (who plays Leo Kovalensky) and Alida Valli (Kira Argounova) caught on. They went on a mini-strike and stopped working for a few days. The studio came around, negotiated more money, and everything got back on track.

Begley: How did the new script get past the fascist authorities?

Scott: To make it more acceptable, the authorities inserted outright propaganda into some of the dialogue. Its a small percentage of the script, and the way it was inserted was clumsy and obvious to anyone watching.

Begley: I can imagine how Ayn Rand would have reacted to that. You mentioned that all hell broke loose when it was released in Italy. What happened?

Scott: Audiences flocked to see it because they realized that, not only is it anticommunist, but it is antitotalitarian. They saw similarities between it and their own lives. It premiered at the Venice Film Festival, won the Biennale Prize, and was acclaimed right out of the gate. It received many amazing reviews, except for a few that called out its antiauthoritarian themes. Nevertheless, it went right into theaters and was enormously successful. A reviewer described it as a colossus of Italian cinema. It was like their version of Gone with the Wind. It had a huge impact across the whole country. People had to go to the theaters twice, because it was released as two movies, but they loved it. They admired the characters so much that they were naming their children Kira and Leo.

The public recognized the antiauthoritarian themes faster than the government did. There was a lot of sly nudging and winking about what the movie was really saying. It came to be known as the film of elbows in the dark. Noi Vivi translates to We the Living, but people would jokingly refer to it as We the Dead. Addio Kira translates to Goodbye Kira, but they would joke that it should be called Goodbye Lira, the currency of Italy at that time. Inflation and poverty were severe, and the story brought people together in their disgust at the government.

The government soon recognized it as dangerous. The movie had been out for a few months and was doing enormous business when Mussolini personally ordered that it be banned. It was to be removed from the theaters, and all the prints and negatives were to be destroyed. There would be nothing left.

Yet, We the Living was still the number one box office film in Italy that yearamazing given that it was pulled from the theaters right at the height of its success.

Begley: Obviously, they failed to destroy all the prints and negatives. What happened?

Scott: Majano and the general manager of Scalera Films, Massimo Ferrara, said, We have to save this film. They sent in the prints of the film to be destroyed, but they took the original negatives to the home of Franco Magli, the production manager, who hid them in his basement. They had to send in negatives to be destroyed, so they sent those of another film that they didnt value as highly, hoping that the fascists wouldnt notice. Majano, Ferrara, and Magli hoped the authorities wouldnt put the film in a projector, as thats not typically done with negatives. They took tremendous personal risk, knowing that had they been caught defying Mussolinis orders, it would have been bad.

Fortunately, the negatives stayed safely hidden for the rest of the war. For many of those involved, it was the last film they worked on during the war. Some refused to work under the fascist authorities. Brazzi had already been doing some work with the Italian Resistance, which was an antifascist underground movement. He left the movie industry and went full-time working with the Resistance. By 1943, filmmaking in Italy had ground to a halt.

Brazzi certainly was a hero for working with the Resistance. He had several close calls and was imprisoned more than once. He feared that hed be executed, but fortunately, he was released.

I know someone whos writing a biography of Brazzi and his role with the underground. Amazingly, much of that story has not been told before. Such a famous actor, who was a part of the Italian resistance, risking his life to fight against the fasciststalk about heroism.

Begley: Both Brazzi and Valli had some degree of success in America afterward. What happened to them and the film after the Allies defeated the fascists?

Scott: In the years immediately following the war and before the studio went out of business, the producers sent Brazzi and Valli to meet Ayn Rand, to persuade her to give them the rights to release the movie in Italy.

At the time, Rand didnt want it to be rereleased, not because she didnt like the movie, but because she had been approached by a Hollywood studio to do an English-language version. That never came to fruition, but she did later see the Italian film. She loved itparticularly Vallis performance.

Begley: I love how Valli captures Kiras fierce independence and her quest for liberty.

Scott: Vallis performance is infused with so much power, possibly because she tapped into dramatic events going on in her life at the time. She had been in a romantic relationship with a pilot who was in the war. In the weeks leading up to filming, his plane was shot down, and he was killed. I think she was drawing from these intense emotions in her performance. If you look at her other movies, shes excellent in pretty much every one of thembut nothing like what you see in We the Living. One of her English-language films that people might watch for comparison is The Third Man. Its a classic, starring Valli alongside Orson Welles and Joseph Cotten.

However, when Rand declined to have the film released, Scalera Studio put it away. In 1952, the studio went out of business, and the negatives of We the Living and all their other films were sold. Then the archive of films was sold again. At that point, We the Living was effectively losteven as the novel was becoming a classic in America.

Begley: Is this when Henry and Erika Holzer got involved?

Scott: Yes, they were the ones who saved the film from oblivion. They were associates of Ayn Rand, and Henry was her lawyer. One day, Rand mentioned that there was a movie version of We the Living. The Holzers were shocked; nobody knew that a movie of Rands first novel had been made. They asked her what happened to it. At least twenty years had passed since she had been approached about the rights, and she hadnt heard anything since. As far as she knew, it was long gone.

So, the Holzers made it their mission to go to Italy and see if they could find this movie. Keep in mind, this was the late 1960s. There was no internet, no easy way to do this kind of research. Even making phone calls to Italy was expensive. They ended up searching for it for the better part of two years, making multiple trips to Italy. It was real detective work. They eventually tracked down the negatives, which were packed away in an obscure storage facility but were still in great shape. The Holzers saw enough of the negatives to know theyd found it, and they bought it on the spot. The company that owned the film didnt understand how valuable it was.

Begley: So, they came back to America with the film. Is this where you come into the picture?

Scott: Yes. I was in my early twenties when I discovered Rand. Late one night, I just happened to see her on Johnny Carsons The Tonight Show. She appeared on his program three times in 1967. I caught the first one, on August 11, and got goosebumps because she was saying all these things that I believed but couldnt then articulate. Of course, she put it all together in her brilliant manner.

Carson canceled his remaining guests so Rand could keep talking. I found it amazing that shed be allowed to speak for twenty to thirty minutes on a late-night talk show.

After that I had to find out more about this woman. I read all her works, then attended some lectures at the Nathaniel Branden Institute, where Rand would sometimes appear. There was also a monthly publication called The Objectivist, with various articles by her and others associated with her. In the back of the magazine there were announcements. In one issue [June 1968], I read that there was a long-lost movie version of We the Living that had been rediscovered and brought back to America by the Holzers. It was going to be edited and prepared for release in America. So, I did something very out of character for me at that age. I was maybe twenty-two, early in my film career, with no established name, but I offered to work on this project.

Right after I sent them a letter, I started doubting myself, saying, What am I doing? Theyll never pick me, Im only twenty-two! Weeks went by, and I thought, theyre going to ignore my letter. Then the Holzers reached out to me. I met them at their office in the Empire State Building, and they told me there had been someone who was going to work on the project but now wasnt. They liked the idea of me working on it. So, in very short order I was brought on. One of the first things we had to do was play the film for Rand and her circle of associates, jokingly called the collective. We set up a screening in the studio of the film company where I was an editor at the time.

One evening I set up a dozen or so chairs and circled them around a machine called a Moviola, which had a tiny, maybe five-inch screen meant for one person to view.

You can imagine seeing Rand and the collective all huddled around this little Moviola, watching the film one ten-minute reel at a time. Mind you, it hadnt been edited in any way, so it ran for four hoursplus the time it took to change reels. So, the whole thing took more than five hours, but nobody complained even once. Everyone looked at each other awestruck as we ended each reel and went to the next. It was really quite something to see. There were no subtitles, so Erika stood to the side of the Moviola with a script that had English on one side of the page and Italian on the other. She read the dialogue in English as it played, often having to read faster or slower when she discovered the dialogue was out of sync with the movie.

That was the first time Rand saw the film since the late 1940s when the studio had arranged a screening for her. And it was the first time any of the others had seen it, so it was quite an event.

Everybody was impressed with it, even seeing it under those circumstances. There were a lot of remarks about how handsome Brazzi was in the role of Leo, and, of course, it goes without saying that Valli was both pretty and fabulous as Kira. Fosco Giachetti, who played Andrei, was older than the character Rand depicted in the book. Despite that, she thought he did an amazing job.

As someone who has watched this movie time and time again, Ive come to appreciate what Giachetti does with this role. Andrei has the biggest arc through the story. He is a rigid communist ideologue and doesnt question it at all at the beginning of the movie. But you see this transformation over time and the pain that it causes him as he gradually realizes that everything he devoted his life to is corrupt and evil and that hell never have Kiras love. Your heart breaks for him by the end of the movie.

Begley: What was it like to sit with Rand and go through the film together?

Scott: We worked in a small editing room, always in the evening, after dinnertime. Because it was after hours, we were the only ones there, and it was quiet. We sat together in front of a small film editing table surrounded by tall metal racks packed with pizza-size film cans. Id dim the lights, and wed sit shoulder to shoulder going through the film scene by scene. Id mount a reel of the movie on a hand-cranked rewinder, thread it through a small viewer to an empty reel on another rewinder, and slowly wind through the film, stopping and starting, going back and forth. We had that Italian and English script so we could figure out the dialogue, but it was slow going. I was very impressed, but not surprised, at how focused Ayn was. She made decisions about the editing with no hesitation. We rarely talked about anything but the film. I do remember one time she enjoyed hearing that my daughter, Samantha, had just been born. Ayn was warm and easy to work with, and although I was nervous before our first meeting, I was comfortable throughout the rest of our sessions.

Overall, she thought that the core story of the three charactersKira, Leo, and Andreiwas beautifully done. This was the main focus in the editing process; we edited out some subplots and other characters who werent necessary.

There were problems that had to be solved. For instance, in the novel, Andrei kills himself when he realizes the crushing and brutal reality of the ideal that he had held all his life. But in the original movie, instead of Andrei killing himself, the secret police send over a squad and execute him in his apartment.

Rand said Andrei must commit suicide: It was important to understanding his character. We had to find a way to fix this just with editing because, of course, we couldnt go out and shoot new scenes. In the end we did find a way to make it look like he commits suicide. We see Andrei looking forlorn, staring into his fireplace. He picks up the nightgown he had tried to give to Kira but she had refused and tosses it into the fire. He picks up a gun and contemplates killing himself. In the original movie, he puts the gun back down. Then the secret police burst into his apartment and kill him. So, what we did is get rid of all that business with the secret police. We cut away from Andrei while he is still holding the gun and go to his view of the fireplace where Kiras nightgown is going up in flames. We hold on that, and then bangwe hear the sound of a gunshot. Hes killed himself.

Rand was quite happy with that solution. It was an amazing experience to work with her.

She really understood the editing process. Nowadays everybody has film editing software on their computers, but were talking about a period when most people had no idea what film editors did. She was savvy about it. It helped that she had worked in Hollywood years earlier.

Begley: What happened during the 1970s, and up to Rands death in 1982?

Scott: We were in a holding pattern for a long time. I completed the editing she had asked me to do. However, it was hard for her to find the time to continue working on the film, and nobody wanted to proceed without her because she said she wanted to stay involved. But she had so many other things that were drawing her attention. She was still writing, she was aging, and Franks health was failing, so we didnt push anything. What we thought might be months turned into years. But the Holzers and I agreed that because this movie was initially made without her involvement, we absolutely were not going to continue without her involvement as long as she wanted to stay involved.

Unfortunately, that never happened. After she passed away, Henry had a conversation with Leonard Peikoff, the inheritor of Rands estate. He agreed that we should finish the film and get it out. It was almost ready to go anyway. All that was left was work on the subtitles. Erika spent countless hours comparing the translation of the Italian movie with dialogue in the book. She made sure everything was true to the book, even if it meant that maybe the subtitles werent exactly accurate to what the actors were saying. It was more important that it be true to the novel, and we went over it time and time again to confirm this.

Begley: We are now nearing the eightieth anniversary of its original release. Last November, in Charlotte, you showed clips, side by side, of the 1942 version and the restored version. Can you tell us about the restoration?

Scott: Yes, Im going through every single frame and cleaning up the images. The movie was filmed in 35mm, which is very high resolution. Our first release of the film in 1988, although sharp, had scratches, dirt, and other things printed into the film from the negatives that had been in storage. We didnt have all the wonderful digital tools that we have now, where software can go in and recognize whats a spot of dirt and whats a scratch, and remove it, like magic. So those flaws remained in all its releases.

When I realized that the anniversary of the film was approaching, I made a high-definition scan of it to increase the resolution, but, of course, there was the issue of the dirt and scratches, and a few other problems as well. So, I decided that for this milestone, wed do an eightieth anniversary edition and go through everything.

It was an enormous jobmuch bigger than I originally thought. But Im really thrilled that we did it. I think it must look nearly as good as it did when it first opened at the Venice Film Festival in 1942.

Were currently working on a major event in Italy to celebrate the eightieth anniversary of its opening. I cant say that its definite yet, but were working on that. At any rate, the anniversary edition is coming out this year, and it will be beautiful. Youll be able to stream it on several platforms.

Begley: Well, thank you for doing all this work, Duncan. This heroic, single-handed task of restoration is the latest stage of the arc that started with Rand, progressed with the Italian filmmakers, then the Holzers, and then you. You mentioned how much time and effort it took, and I imagine that means money as well. How can our readers help promote this film?

Scott: Thank you, Robert. We have an extensive website, WeTheLivingMovie.com, where people can see restoration clips and other updates.

One of the things thats really important, and I hope people recognize this, is that you can make a great film or restore one, but people might not see it if you dont put a lot of time, effort, and money into promotion and advertising. On the site, we have information about how to help. Im hoping people who are fans of Rand and the film will help us bring it to the rest of the world. Once we get it onto a streaming platform, anyone, anywhere in the world can watch it, so we just need to get the word out. Thats the next big thing.

Begley: Thank you very much, Duncan. I hope this film gets as wide an audience as possible, because Rands message of individualism over collectivism is as relevant as ever.

Scott: Thank you, Robert.

Robert Begley is director of development at Objective Standard Institute, where he also teaches courses integrating philosophy and self-development principles. In addition, Begley is a speaking coach, helping TedX speakers and businessmen deliver more memorable messages.

Read the original:

Ayn Rand's We the Living: Back on the Silver Screenand Better Than Ever - The Objective Standard

Posted in Ayn Rand | Comments Off on Ayn Rand’s We the Living: Back on the Silver Screenand Better Than Ever – The Objective Standard

Congress revival: Time to break free of family – The Hans India

Posted: at 7:04 pm

Congress working president Sonia Gandhi sounded confident at the party strategy meeting (Chintan Shivir) in Udaipur in Rajasthan on Sunday. "We will overcome, we will overcome, we will overcome. That is our determination, that's our Sankalp," she said.

The grand old party has tried many things after losing office in 2014alliances (UP, Karnataka), Rightward turn (remember Rahul Gandhi's temple run and assertion of his Brahmin lineage?), Leftward turn (induction of Kanhaiya Kumar).

But Sonia Gandhi has not given up. She has announced a national Kashmir to Kanyakumari 'Bharat Jodo yatra' that is scheduled to start on Gandhi Jayanti (October 2). "All of us will participate in it. The Yatra is to strengthen the bonds of social harmony that are under stress, to preserve the foundational values of our Constitution that are under assault and to highlight the day-to-day concerns of crores of our people," she said.

The district-level Jan Jagran Abhiyan, which started earlier, will resume on June 15. "This extensive campaign will highlight economic issues, especially the growing unemployment and intolerable price rise that is destroying livelihoods," she said.

While her endeavors are admirable, one has to be an ardent Congress support to pin hopes in these programmes. But such activities are akin to cosmetic treatment, whereas the disease is much more serious, necessitating serious thinking. In fact, rethinking.

The American philosopher-author Ayn Rand famously said, "Contradictions do not exist. Whenever you think you are facing a contradiction, check your premises. You will find that one of them is wrong." Maybe it's time for the GOP to check their fundamental premise, a dogma actually: the Nehru-Gandhi family is the soul of the Congress; the party can't exist without the family. Karnataka Congress chief DK Shivakumar recently said, "Without the Gandhi family, the Congress party cannot stay united. They are key for the unity of the Congress party... It is impossible for the Congress to survive without the Gandhi family." About two years ago, senior party leader and former Madhya Pradesh chief minister Digvijaya Singh had said, "Congress party's leadership isn't possible without the Nehru-Gandhi family."

Even the so-called rebels haven't revolted against the family but its weird ways. There was a news report on March 14 that when Sonia Gandhi told the Congress Working Committee that "we three" (she, Rahul and Priyanka Gandhi Vadra) are ready to "step back" if it is felt the leadership lacks steadiness, the gathering of elite party members and eliciting a unanimous chorus rejecting the offer. "Sources said the entire gathering, including Ghulam Nabi Azada leading light of the 'rebel G-23'said 'no' and urged Sonia to continue," the report said.

Congress leaders ought to discard this dogma. They should remember that Lal Bahadur Shastri and PV Narasimha Rao served (unlike Manmohan Singh) as prime minister without the family's blessings and guidance. Narasimha Rao is one of the greatest prime ministers India ever had; Shastri too, belying fears, did pretty well.

Today India is a major economy primarily because Narasimha Rao liberalized the economy, dispensing with a variety of controls and making it possible for the entrepreneurial energies to be released. In the domain of foreign policy too, his interventions were no less important, though they are rarely acknowledged. He normalised diplomatic relations with Israel.

Shastri instilled pride and confidence in a nation that was militarily battered and psychologically shattered after the India-China war in 1962. He stood against the belligerence of Pakistan, giving President Ayub Khan a bloody nose.

In a nutshell, the two non-dynasty prime ministers from the Congress proved to very competent and effective leaders in difficult times. It will take a leap of faith for the senior GOP leaders to break the shackles of the dynasty. But that is a sine non qua of Congress revival. They should also remember that the Bharatiya Janata Party's success is also because of the fact that it is the only major party that is not a family enterprise.

Follow this link:

Congress revival: Time to break free of family - The Hans India

Posted in Ayn Rand | Comments Off on Congress revival: Time to break free of family – The Hans India

The Financial Dark Ages Are Ending Thanks To Bitcoin – Bitcoin Magazine

Posted: at 7:04 pm

During the Middle Ages, a group of men tried to turn base metals into gold; they were known as alchemists and they did not succeed in their endeavors. Were fortunate that they didnt. Why? Consider the alternative.

Had the alchemists found a way to transmute base metals such as lead into the monetary unit of the time, a race would have kicked off. A race to find as many metals as possible to turn into gold.

The first users of this newly created gold would have enjoyed tremendous wealth, but as it circulated throughout the economy a much smaller sphere of opportunity in the Middle Ages calamity would have ensued.

Those with less personal or political connection to alchemists would have found themselves outside of any market economy. They would no longer be able to bid on goods and services. The price in gold terms would simply be too high.

It would have created the ultimate boom-and-bust cycle. Given where economic development was at the time, that could have prolonged the Dark Ages by hundreds of years.

While considered part of the lore of the Middle Ages, the work of alchemists in experimenting and documenting their results paved the way toward the scientific method of discovery. In other words, they failed at their primary goal, yet they found something that would be far more valuable for mankind.

Where the alchemists failed in trying to create value from something out of lesser value, a group of people in the 20th century found success. These modern alchemists are known as central bankers.

The early 1970s saw a surge in inflation and commodity prices, much like today. Dollar printing had been persistent for years, also much like today. With the end of money having any tie to relatively limited gold, any pretense of responsibility flew out the window. Price increases were the name of the game and Americans, able to own precious metals again, did so in droves. They sent the price of gold from $268 per ounce to over $2,400. The more accessible silver went from $9 to over $130.

Buying of stock in a silver-trading company, Bache, was halted in 1980 to get a curb on rising silver prices. (Had the billionaire Hunt brothers not used leverage to buy their later silver holdings, theres no telling how high the price could have gone.)

The age of financial alchemy reached its height in the early 1990s. Inflation was tamed by a sharp rise in interest rates and a necessary recession. Federal Reserve Chairman Alan Greenspan a former acolyte of Ayn Rand and gold bug became the face of the managed economy.

In one of his numerous appearances before Congress, he once stated, I know you think you understand what you thought I said, but Im not sure you realize that what you heard is not what I meant.

Policymakers loved the Greenspan era. It was a time of relatively easy money, relatively little monetary turbulence, and it made it easy to promise ever-growing government programs with no seeming long-term cost. Those all added up to easy re-elections.

It was not to last forever.

Greenspan created market risk in his first year as Fed Chairman. There was a massive rally at the start of 1987, but there was a brutal correction in October. On October 22, 1987, the Dow dropped 22% in a single day.

Unsurprisingly, Greenspan came out to note that the Fed stood by ready to ensure that capital markets flowed smoothly. Markets interpreted this as a greenlight to assume that the Fed would intervene if a market drop was big enough.

With programs like 401k plans on the rise, it was no surprise that such a backstop would be needed even if it kicked off the mother of all bubbles over a number of decades in the process.

Greenspan held interest rates low throughout the late 1990s. Tech stocks formed a massive bubble and burst. Then housing burst. The Greenspan put changed names as new Fed Chairs came into the role. As Greenspan was retiring in 2006, the seeds had been sown for the start of the bursting of a bubble in housing, but it was also a time where a number of technologies were coming along that could free the world from the boom-and-bust cycle being exacerbated by central bankers.

The past 50 years of a global fiat system have had a poor track record. Boom, bubble, bust. Boom, bubble, bust.

Central bankers, armed with advanced degrees, have shown that they only know how to do two things: print money or print less money.

Attempts to lightly rein in the Feds balance sheet in 2019 had to be quickly reversed when financial markets started to show strain even a few months before the world heard of COVID-19.

The past 51 years has been a financial Dark Age of quantitative easing, currency debasements and the financialization of the economy at the expense of other sectors. Added on top of the remnant of the gold standard before that, most of mankind has been at the whim of an unelected few holding power based on academic credentials and theories, rather than by the consent of the market.

As a result, its been a global free-for-all.

Some countries, like Argentina and Zimbabwe, have had a hyperinflationary collapse. Others, such as Japan, have tried stimulus programs to get their economy moving, only to find that theyre pushing on a string. Still other countries, like El Salvador, have been pegged to the U.S. dollar and have found relative stability, but without the freedom to control their own financial destiny.

In late 2008, the Bitcoin white paper was released. The timing of the paper was inspired by the plan to inject hundreds of billions of dollars to stabilize the bubble rather than let it collapse. Those numbers now seem quaint in the age of trillion-dollar stimulus programs a mere 14 years later.

But Bitcoin is hope.

It is hope for the globally unbanked. It is hope for those who have had their wealth confiscated by government officials, whether directly by force or through the indirect theft of inflation and hyperinflation.

The Bitcoin protocol guarantees only 21 million will ever be mined. The 19 millionth Bitcoin was recently mined and several million may have already been lost from a poor understanding of the value of the asset. No matter what the final number is, the key is immutability.

We now live in a world where the printing press has given way to direct-deposit stimulus checks, And where the possibility of robots mining asteroids could crater the price of precious metals in just a few decades.

Its clear no other asset class can truly be said to have a cap on its scarcity.

Already, a thriving community has grown around Bitcoin, exploring its potential in fields such as art, philosophy and human rights. For what was simply described as a peer-to-peer electronic payment system has far more to it than meets the eye.

Welcome to the financial renaissance. The age of financial alchemy wont go down without a fight, but with Bitcoin, the chance to build a new system exists while leaving the old to wither on its own.

This is a guest post by Andrew Packer. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc. or Bitcoin Magazine.

See the article here:

The Financial Dark Ages Are Ending Thanks To Bitcoin - Bitcoin Magazine

Posted in Ayn Rand | Comments Off on The Financial Dark Ages Are Ending Thanks To Bitcoin – Bitcoin Magazine

Future of work: the top careers of the next decade – The Age

Posted: at 7:03 pm

Our core needs are the same, he says. We have to feed ourselves, we have to clothe ourselves, we have to house ourselves, we have to educate ourselves.

And if you think robots are going to do all those things for us in the near future, think again.

In contrast to what the vast majority of people believe, our jobs are not all going to technology, Misel says. What weve done is outsource the mundane and the routine to technology, because thats all that it can do at this stage.

Humans will still be needed. And here are some of the jobs Misel believes will be in highest demand.

Our bricklayers, our carpenters and our gardeners are going to be even more important over the next 5, 10 or 20 years, Misel says. We will want to have spare time in our lives, and many of us will have disposable income that we will be prepared to use to pay other people to do things for us.

Perhaps one day, you will be able to have a chip implanted that will enable you to speak French, fix the plumbing or dance the rumba. But not any time soon. Were going to need people who will teach us to do things, Misel says.

Educators are in high demand.Credit:iStock

I believe we will do most of our routine shopping online - for food, clothes and so on, Misel says. But we will still be humans with a herd mentality, who want to come together. Retailing may become showtailing - in other words, well go to experience rather than to buy - but it will still involve customer-facing jobs.

Ten years ago, someone who made coffee was just someone who made coffee. Now, theyre a barista. And a bartender is a mixologist. They have increased in status, Misel says. And they are likely to be in even higher demand in the years ahead, as people increasingly spend time and money on going out to eat and drink. The pandemic only exacerbated existing labour shortages, Misel says. You just cannot find enough hospitality workers.

People are going to live longer, and they are going to want to do so in good health. We will need a whole slew of doctors, nurses and allied health professionals to help us to achieve those goals, Misel says. And it will be a rapidly evolving field. We will see a whole set of new medical procedures and medical practitioners, both doctors and allied health.

Like doctors, lawyers may need to develop new skills in the years ahead, but they wont be out of a job, Misel says. Lawyers will be using smart contracts and performing in blockchain. But the notion of having an enforceable document and somebody who understands that enforceable document will still be required.

If youre not sure which of these jobs is right for you, dont worry. One thing set to become increasingly redundant is the idea of having one career.

People will work hard at a task, then go off to do something unrelated using the skills they have acquired, Misel says. Many people will have a portfolio income, making money from different bits and pieces.

Knowing exactly where youre going isnt necessary. Some people will find their calling, and stay with it for life, and thats wonderful. For others, its a matter of understanding what their skills are, what it is they enjoy doing, and starting out on a path that makes sense for them.

If youre thinking about making the move to a booming industry of the future, learn more about the roles currently available and get advice on making a change by visiting SEEK Career Advice.

Read more from the original source:
Future of work: the top careers of the next decade - The Age

Posted in Transhumanist | Comments Off on Future of work: the top careers of the next decade – The Age

Kriya Announces $270 Million Series C Financing to Advance Fully Integrated Gene Therapy Engine – Business Wire

Posted: at 7:03 pm

REDWOOD CITY, Calif. & RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Kriya Therapeutics, Inc., a fully integrated gene therapy company pioneering novel technologies and therapeutics, today announced a $270 Million Series C financing. The financing was led by Patient Square Capital, with participation from Bluebird Ventures, CAM Capital, Dexcel Pharma, Foresite Capital, JDRF T1D Fund, Lightswitch Capital, Narya Capital, QVT, Transhuman Capital, and other undisclosed investors. Proceeds from this financing will support the advancement of Kriyas pipeline and continued scaling of its engineering, manufacturing, and computational platforms.

Kriya has established an ecosystem for delivering best-in-class technologies and medicines in gene therapy, with core business units in technology, manufacturing, R&D, and therapeutics. By leveraging its proprietary computational platform, in-house manufacturing infrastructure, and rational design toolkit, the company is uniquely positioned to bring potentially transformative gene therapies to a broad range of diseases.

We believe gene therapy has the potential to redefine medicine over the next decade. However, the field has been constrained by technological and operational challenges that make it difficult and expensive to deliver new products, said Shankar Ramaswamy, M.D., Co-Founder and Chief Executive Officer of Kriya. Kriya was founded to address the primary problems limiting the field, and I am proud of the progress we have made to date. This financing will support our continued growth as we advance our diverse pipeline into the clinic and further scale our core platforms, to achieve our ultimate vision of expanding the reach and unlocking the full potential of gene therapy as a modality.

In recent months, Kriya has achieved several milestones across key parts of its business. The company significantly expanded its pipeline through its internal R&D efforts, as well as through acquisitions and partnerships with leading companies and academic institutions. In addition, Kriya operationalized its state-of-the-art, scalable GMP manufacturing infrastructure in Research Triangle Park, North Carolina to support in-house production from early through late phase development. This infrastructure also empowers the development and implementation of novel technologies and processes that enable consistent, large-scale manufacturing. Kriya has also scaled SIRVE, its machine learning-enabled technology and cloud computing architecture, to support the integration of large datasets generated by the companys high throughput screening, next generation sequencing, and algorithmic data mining platforms.

Kriya has made tremendous strides over the past few years, attracting world-class talent, expanding its pipeline, and scaling the infrastructure necessary to unlock the full potential of gene therapy, said Jim Momtazee, Managing Partner of Patient Square Capital and Kriya Board Member. We believe the company has the potential to be the clear leader in the evolving gene therapy field, consistent with Patient Square Capitals focus to build and support category leading companies in health care.

About Kriya

Kriya is a fully integrated gene therapy company on a mission to revolutionize how gene therapies are designed, developed, and manufactured with a goal of improving speed to market and reducing cost. The company leverages its proprietary computational engine, in-house manufacturing infrastructure, and integrated design platform to engineer products with the potential to transform the treatment of a broad range of diseases. Kriyas team includes scientific pioneers with decades of experience in product development, complex manufacturing, and computational engineering.

The company has established an ecosystem for delivering best-in-class technologies and medicines, with core business units in technology, manufacturing, R&D, and therapeutics. Kriyas product pipeline addresses diseases of high unmet need with therapeutic area divisions in ophthalmology, oncology, rare disease, and chronic disease, each led by industry veterans with a track record of advancing products from concept through commercialization. Built upon this foundation, Kriya achieves the scale needed to drive transformational improvements in the engineering, production, and translation of gene therapies. For more information, please visit http://www.kriyatx.com and follow on LinkedIn.

View post:
Kriya Announces $270 Million Series C Financing to Advance Fully Integrated Gene Therapy Engine - Business Wire

Posted in Transhumanist | Comments Off on Kriya Announces $270 Million Series C Financing to Advance Fully Integrated Gene Therapy Engine – Business Wire