Quote of the Day
Other countries are used to loathing America, admiring America, and fearing America (sometimes all at once). But pitying America? That one is new.
The dead tree
On one of our cycle routes. Dead trees make for very dramatic photographs, sometimes. I’m always tempted to stop and photograph them.
Can this really be right?
From today’s Guardian:
The UK government’s plan to invest hundreds of millions of pounds in a satellite broadband company has been described as “nonsensical” by experts, who say the company doesn’t even make the right type of satellite the country needs after Brexit.
The investment in OneWeb, first reported on Thursday night, is intended to mitigate against the UK losing access to the EU’s Galileo satellite navigation system.
But OneWeb – in which the UK will own a 20% stake following the investment – currently operates a completely different type of satellite network from that typically used to run such navigation systems.
“The fundamental starting point is, yes, we’ve bought the wrong satellites,” said Dr Bleddyn Bowen, a space policy expert at the University of Leicester. “OneWeb is working on basically the same idea as Elon Musk’s Starlink: a mega-constellation of satellites in low Earth orbit, which are used to connect people on the ground to the internet.
“What’s happened is that the very talented lobbyists at OneWeb have convinced the government that we can completely redesign some of the satellites to piggyback a navigation payload on it. It’s bolting an unproven technology on to a mega-constellation that’s designed to do something else. It’s a tech and business gamble.”
If true, it looks like Trump-level imbecility.
Simon Kuper on why football matters
I’m British but I grew up mostly abroad, so when I went to university in England I discovered a new species of man: the Total Fan, the teenager whose main identity was the football club he supported. I witnessed conversations in the common room that went like this:
Student in plastic Manchester United shirt: “We’re brilliant this season.”
Student in Spurs shirt: “No, you’re shit.”
Student in Crystal Palace shirt: “He’s right, Steve. You’re shit.”
They weren’t exactly casting aspersions on Steve’s personality. They were talking about his football club. However, they saw the two things as essentially the same. Steve was Manchester United. The Spurs fan once told me that, when his team won the FA Cup, he walked into the common room to receive everybody’s congratulations as if he personally had lifted the trophy.
Even if you’re not a football fan (and I’m not) this is worth reading.
Share the wealth as we recover health (hopefully)
Noema magazine (a new publication from the Berggruen Institute) has an interesting conversation with Joe Stieglitz and Ray Dalio about how to ensure that the benefits of any recovery from the Covid crisis are shared with the population as a whole.
The basic idea: the massive taxpayer-financed cash infusion to save some of the largest companies that are otherwise viable may present a unique opportunity to more effectively tackle inequality by bolstering the assets of the less well-off. If the same taxpayers who are bearing the costs of the bailout also share an upside when we recover prosperity, wealth will be shared more fairly.
“This can be done”, says the magazine,
by establishing a sovereign wealth fund, or national endowment, that pools the taxpayer’s ownership shares from all the bailed-out companies and distributes regular dividends to all citizens. We call this “universal basic capital,” as distinct from the idea of a universal basic income. Instead of only once again relying on redistributing income to close the gap after wealth has been created, that wealth should be shared upfront in what we call “pre-distribution.”
There are many models out there that guide us on this path. Alaska has long had a social wealth fund that pays dividends to citizens from the revenues of the state’s oil leases. Norway has a similar fund, also from oil revenues, that pays into the general pension system. Australia has what is calls the superannuation fund, in essence a sovereign wealth fund financed by employees, employers and state contributions for its universal pension scheme. The wealth of that fund now stands at almost $2 trillion, a sum greater than Australia’s GDP. Singapore has a similar plan, called the Central Provident Fund, from which citizens can also draw for health and housing needs. It is so profitable from its global investments that it is even able to fund some government services and help keep taxes low.
What is important at this point is to recognize the opportunity for reducing social inequality that can be created by a fair and innovative approach to economic recovery. If everyone in this pandemic must share the downside, all must share in the upside as well.
Some promising ideas here. And the good thing is that none of the corporations in which governments might take a stake in return for support during the pandemic are tech companies, for the simple reason that those companies are the ones that will have benefited most from the crisis.
Noema‘s good, btw.
We can make you hurt if you don’t do what we want
Jonathan Zittrain is my idea of a perfect academic. Staggeringly bright, knows both digital tech and the law intimately (he has Chairs in both Harvard Law and Engineering), fizzes with original and often productive ways of viewing tricky problems, etc. So whenever he writes or lectures about anything I pay attention.
Now he has an article in The Atlantic about what social media outfits should do about Trump. At the beginning, his discussion of the possible options for regulating the speech of an authoritarian nutter takes a fairly standard detached, scholarly tone. His emerging conclusion seems to be that every plausible configuration of social media in 2020 is unpalatable.
But then, he briefly switches to a different register:
Those proposals can be analyzed and judged on their own terms as if they simply appeared on Congress’s docket out of nowhere, and I’d normally offer here some thoughts on their details. But I can’t stay in my academic lane. The executive order, and the push for more legislation, is part of a larger pattern in which the president appears to seek vengeance against those who even mildly criticize him, retaliating in any way he can, including by using the powers of his office. When, for instance, he didn’t like The Washington Post’s reporting about him, he made it clear—on Twitter, fittingly enough—that, because the paper is owned by Amazon CEO Jeff Bezos, he would like to disadvantage Amazon however he can, including by demanding that the U.S. Postal Service raise its shipping rates. Here, the executive order is so scattershot, and the legislation so crudely sweeping, that it’s important to recognize that it conveys more than its text says. What it really says is: We can make you hurt unless you do what we want, and what we want is what helps the president personally. [Emphasis added.]
Yep: full marks. That’s the nub of Trump’s authoritarian threat. Same as Erdogan, Orban, Bolsonaro & Co.
So what does Zittrain think we should do?
“In the near term, the simplest solution is to vote Trump out of office.”
Well, yes: but you don’t have to be a bi-Chaired Harvard prof to come to that conclusion.
What if that option doesn’t work?
“In the longer term”, says Zittrain,
the most promising path for online content moderation lies in taking up unavoidable decisions by the largest companies in ways that respect the gravity of those decisions — likely involving outside parties in structured, visible roles — and, even more important, in decentralizing the flows of information online so that no one company can readily change the map.
So when Twitter tempers its deference and wades into a fraught zone by fact-checking in its own voice, still judged in the public sphere by its attention to the real facts, I respect its decision. One way to try to break what is raging behavior even—and especially—by a president is to create policies to deal with it, policies that would collect dust if the rule of law and the institutions designed to reinforce it were not under such extraordinary and explicit attack.
Yeah, sure. But this seems a bit feeble after the build-up. What might those policies look like? And how might we ‘decentralize’ those information flows?
Maybe there’s a sequel to this piece coming. If so I can’t wait.
Quarantine diary — Day 98
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