Economics

This New Year announces itself with bangs all over, not whimpers. Pope Francis made a tour d’horizon on all continents, strongly denouncing the violence in favor of his alternative: negotiation. Much violence is copycat or copyrat; violence being a la mode. Copying–aka learning–is not wrong. But it depends on what is copied. Here my 10-11 wishes: Wish no. 1: copying peace rather than violence, for instance from ASEAN and the Nordic Community, making peace self-reinforcing. Wish no. 2: reporting violence less prominently, more toward the end of newspapers-TV-radio news, and reporting peace upfront. Wish no. 3: understanding war better, not only how many killed but how many bereaved; understanding peace better as model for others. Wish no. 4: introducing Yin/Yang in Western thought: no totally good or bad humans or states around; they are all improvable mixtures. Wish no. 5: linking the good in ourselves to the good in others...

International Sociological Association Prize New School for Social Research, New York NY, 15 Nov 2016 The West, and Western sciences in particular, have a peculiar way of conceptualizing time; derived from two millennia Christianity. Thus, in the civilizations of Hinduism, Buddhism, China and Japan, to mention some, time flows from eternity to eternity. In the West (and Islam is similar), there is a Beginning (Creation for the religious, Big Bang for the secular), and an Ending, the End Time (Armageddon for the religious, entropy, death, etc. for others). In others, time flows from past into a possibly different future; in the West, the future is continuous with the past. In the natural sciences, “laws” from the past are automatically valid for the future; reality being as stable as the planetary system, the galaxy; astronomy being the model. The Creation has been finished, once and for all. In the social sciences,...

And why Russia doesn’t have to be a threat to the West TFF Series ”The New Cold War” # 7 If the Ukraine conflict is the centerpiece of the new 2nd Cold War, it is essential to ask: What really happened? What did NATO countries do to cause it? What did Russia do to cause it? And – if you live in the West, in particular: Did we really have to end in this situation given Russia’s significant weakness over 25 years? This article argues that the superior West could have played its cards differently and it’s time for self-critical soul-searching and just a little living yourself into the shoes of the other. If peace rather than war is your true aim. There was a beginning and a framework The Ukraine conflict has a 25-years history. Instead of dissolving NATO, the alliance was expanded. Relieved from there being a Soviet...

Immanuel Wallerstein is unique. Nobody else has presented such a coherent theory of what he calls the modern world-system, from “the long 16th century” up till today; essentially capitalist. There are ups and downs during those four centuries. He is very much at home in the economic Kondratiev cycles–A for up, B for down, but not that much down–and in the political-military hegemonic cycles of the would-be hegemons in the same period. Read Immanuel Wallerstein and become wiser. He warns against the Global Right “Lampedusa tactic” of “changing things so that they remain the same”. And insists on Liberty, Equality and Fraternity for the Global Left–but sees the French Revolution more as normalizing change than as people’s sovereignty. Like faith in the middle classes: they are actually helping the Global Right, when in minority they are enlarged by the majority working classes, when in majority they neglect the working class...

Dear Reader: This editorial 444 – the number calls for attention – is dedicated to a global overview, the world “right now”, so unstable with imbalances everywhere that what we are living is fluxes and jumps. Let us start with two major relations: Nature-human, the US-the Rest. Look at the human-nature relations. We are used to being on top, killing and taming animals, protected against many of nature’s hazards including micro-organisms. But nature comes up with ever smaller viri, and larger, or more, tsunamis and earthquakes, and an erratic climate. We oscillate between blaming ourselves, including military scheming, and the anthropomorphic “Mother Nature is angry” (Evo Morales). If nature is angry, she has good reasons for a good riddance of us. And we are slow at a deeper human-nature relations respecting and enhancing both. Nature is on top and our natural sciences are simply not good enough, taken by surprise...

 The announcement was made yesterday – August 15 – by Japan’s Finance Ministry: In the last quarter of the year the Japanese economy grew at an annualised rate of 0.2%. “One wonders if the economy will remain at a standstill for the rest of the year”, the Financial Times asks. But then Japan’s economy has been becalmed for 30 years. Even though the government has poured billions of dollars into the economy it has had only a small effect in boosting demand. One wonders when the government will give up and what happens then – another decade of minimal growth? If that is what happens how much does it matter? To the Japanese themselves it seems not that much. By and large they are contented with their lot. The rest of the word may be worried as a powerful country is importing less and less. It does not contribute to...

. How far behind the West is China? Is its economy still booming so it could within 20 years overtake America? Is its military becoming of such a strength it will take the big decision to confront the US navy in the South China Sea? While it is obvious that the Chinese leadership is much more far sighted and cautious than, say, Donald Trump, can one conclude with 100 % certainty that potentially dangerous clashes won’t occur? The communist leadership believes that before long it will be the world’s biggest economy. Yet if one looks at national income per head it is way down the league table of economic achievers. Size is not everything. Moreover, if one starts from a low base, as China did before the paramount leader, Deng Xiaoping, introduced capitalism in 1978, fast rates of growth, as reported in government statistics, overstate what is happening in many...

PPI pretends to be an index of positive peace/peaceful society. But is more like an index of “positive for business environment”; by the Institute for Economics & Peace, more economics than peace. To explore this, imagine we want an index of health. Obviously, we need criteria of health to know what we are talking about, like: For negative health: absence of illness from the outside–contagion- shocks–and structural from the inside–cardiovascular-tumors-mental. For positive health: balance in body-mind-spirit and socially; a sense of wellness being alive using body-mind-spirit at work, and in love. Then, the indicators, the index, the forefinger pointing the way: preventive health, protection–distance–inoculation-quarantine, of the body with clothes-housing; avoiding fire and shocks (not falling for elderly!); adequate sewage-personal hygiene-nutrition-exercise; curative health for acute and chronic diseases. However, we also need an index of illness to know what we are up against, defined as inability to work, to love, morbidity....

Published on July 8, 2016, the day of the NATO Summit in Warsaw. It’s the 5th in the TFF Series “The New Cold War” Russia and NATO have offensive capacities and MIMACs (Military-Industrial-Media-Academic Complex) but NATO’s is a much larger potential threat to Russia than the other way around Why does an alliance with such an overwhelming superiority shout and scream and see ghosts on the horizon when, in reality, there are none? Why does it seem to be intellectually unable to see things from the side of its opponent? Is the show of strength in reality a sign of weakness? * A threat consists of two main things: An intention to do something negative to you + a capability to actually carry it through – thus I + C. Whenever NATO S-G Stoltenberg – a person who has gone through a serious personality change – speaks, he says nice...

Take the candidate debate about nomination and election, focused on Trump’s buffoonery and Sanders’ ineligibility. Hillary?–on using a private account. Few words wasted on her foreign policy of massive belligerence, warfare. In the tradition, Zoltan Grossman [i] documents: 151 military interventions from Wounded Knee in 1890; and in spite of the war fatigue expressed by Trump, Cruz, Sanders – even by Obama. And US reality? John Pilger [ii]: “Nuclear warhead spending alone rose higher under Obama than under any American president”. The Wall Street Journal (30 May 2016) had a full page on the new Navy railgun projectiles with ultra-speed that can penetrate any armor. No peacefare; no sign of conciling trauma, of solving conflicts. Take foreign policy. C. W. Freeman Jr.: “The End of the American Empire”; Noam Chomsky: “How Imperial Violence Backfires–Lessons from the Middle East”, Zalmay Khalilzad: “De-Ba’athification was a recipe for disaster” (english@other-news.info, 13 Apr, 19...

By Farhang Jahanpour The first article in a TFF Series on The New Cold War There are many ominous signs that dark clouds are gathering over international relations, from the South China Sea, Taiwan, Vietnam, Japan and South Korea to the Middle East, and to Ukraine and the Baltics. We are entering a new and perhaps a more ominous Cold War. This is something that will affect all our lives and will plunge us into a new era of East-West confrontation that none of us wants and that all of us should try hard to prevent. Many young people were born after the end of the Cold War or were too young to remember its horrors, and how the world was on a knife’s edge about a possible global confrontation between the two superpowers with thousands of nuclear weapons whose use could have ended human civilization. We, who remember those...