"The rise of the neoliberal order in the 1970s and 1980s coincided with the demise of the socially beneficial corporation."
I think the diminishing threat of Communism as an economic threat meant high income owners had less incentive to "play nice" as employers and to sic their political lackeys to play rougher.
Was there (is there) a Pigou subsidy that would have internalized the positive externality of Bell Labs- like activities? Centralizing basic research in the federal government has some downsides.
But this presumes that McConnell in fact wanted to achieve something beyond a 6-3 SCOUS and transferring income to upper income tax (non) payers and running up the deficit to try to scare Democrats into reducing transfer payment to low income people. Not impeaching Trump was a strategic mistake.
Mitch McConnell reminds me of Bibi Netanyahu and maybe Vladimir Putin: excellent tacticians with poor strategic sense. The nature of "news" privileges tactics over strategy, so these guys get better coverage than they deserve--at least until there is no remaining space for good tactics.
(I'm maybe a bit unfair to Bibi. He understands Israel's strategic problems: Iran and the stench of apartheid pervading Israel. But he doesn't view these strategic problems as a constraint on his tactics.)
McConnell's extreme partisanship dealing with the Supreme Court has made the SC a dead letter. It's a branch of partisan politics now. That can't and won't be forgotten. If the Democrats can in future, they will pack the SC. I would advise them to. The Founders provided the Amendment process for making significant changes to the Constitution. Excluding Zombie Amendments, how many Amendments are currently pending? None. That means the Founder's views are now completely ignored.
How do I know this? When the Hartford Convention met, they proposed Amendments. Hello. They were the Founders! They could have just said we are going to overrule mistakes. The same with the Democrats. Madison could have argued Marshall's views were all wrong and need to be overruled ASAP. For a Constitution to be a Constitution, it needs Precedent and Amendment, not Judges revisiting old decisions all the time. McConnell used court packing to end run the amendment process. Game over. It's so sad.
Lucrezia Reichlin: I think rather the weak point of the EU is the Euro. The Euro does nothing to enhance the ability of the EU to tax and transfer across national boundaries or to prevent countries from using local tax and regulatory powers to impede the creation of a unified market. Trying to have a one size fits all monetary policy is just an irritant.
Schmidt: "That [a Red Wave] didn’t is the result of the wisdom of the American people, not the genius of the Biden White House…"
And in spite of legislative incompetence (more of Schumer than Pelosi) and the bad judgment [easy to say with hindsight] of Powell on when to start tightening monetary instruments.
Schumer should have listened to Jo Manchin and Powell should have listed to Larry Summers
‘The absence of the anticipated Republican “red wave” in the US midterm elections may be the moment when the party finally realizes that former President Donald Trump is an electoral liability."
It may or may not but I wish Democrats would talk and legislate as if that were a real danger.
I think Bill Janeway is in firm possession of the high ground in addressing the ebb and flow of the role of the industrial technology labs. This fell out of your magnum opus when it shrank to 600 pages, or maybe was never in your wheelhouse even though it is one of the expressed targets of the book.
McConnell has obtained a trillion dollar tax cut for his backers and empaneled a Supreme Court that under Chief Justice Barrett (sorry John: you've been relegated) will delivery win after win for the anti-New Deal, anti-regulation faction of the business world and continue the process of returning the United States to the antebellum era again with his backers as the controlling elite. To get this he empowered the anti-woman theocratic faction on the Court as well, but he doesn't mind that as (1) those rules never apply to the elite (2) every theocratic decision from the court(s) is s stick in the eye of his enemies in the Democrat [sic] Party. The Supreme Court will also continue dismantling the Voting Rights Act, approving gerrymanders, and just outright prohibiting non-white people from voting.
I'm not sure that is a string of losses for McConnell. He has absorbed some public humiliation to get there, but he doesn't seem to mind that.
"The rise of the neoliberal order in the 1970s and 1980s coincided with the demise of the socially beneficial corporation."
I think the diminishing threat of Communism as an economic threat meant high income owners had less incentive to "play nice" as employers and to sic their political lackeys to play rougher.
Was there (is there) a Pigou subsidy that would have internalized the positive externality of Bell Labs- like activities? Centralizing basic research in the federal government has some downsides.
But this presumes that McConnell in fact wanted to achieve something beyond a 6-3 SCOUS and transferring income to upper income tax (non) payers and running up the deficit to try to scare Democrats into reducing transfer payment to low income people. Not impeaching Trump was a strategic mistake.
Mitch McConnell reminds me of Bibi Netanyahu and maybe Vladimir Putin: excellent tacticians with poor strategic sense. The nature of "news" privileges tactics over strategy, so these guys get better coverage than they deserve--at least until there is no remaining space for good tactics.
(I'm maybe a bit unfair to Bibi. He understands Israel's strategic problems: Iran and the stench of apartheid pervading Israel. But he doesn't view these strategic problems as a constraint on his tactics.)
McConnell's extreme partisanship dealing with the Supreme Court has made the SC a dead letter. It's a branch of partisan politics now. That can't and won't be forgotten. If the Democrats can in future, they will pack the SC. I would advise them to. The Founders provided the Amendment process for making significant changes to the Constitution. Excluding Zombie Amendments, how many Amendments are currently pending? None. That means the Founder's views are now completely ignored.
How do I know this? When the Hartford Convention met, they proposed Amendments. Hello. They were the Founders! They could have just said we are going to overrule mistakes. The same with the Democrats. Madison could have argued Marshall's views were all wrong and need to be overruled ASAP. For a Constitution to be a Constitution, it needs Precedent and Amendment, not Judges revisiting old decisions all the time. McConnell used court packing to end run the amendment process. Game over. It's so sad.
Lucrezia Reichlin: I think rather the weak point of the EU is the Euro. The Euro does nothing to enhance the ability of the EU to tax and transfer across national boundaries or to prevent countries from using local tax and regulatory powers to impede the creation of a unified market. Trying to have a one size fits all monetary policy is just an irritant.
Schmidt: "That [a Red Wave] didn’t is the result of the wisdom of the American people, not the genius of the Biden White House…"
And in spite of legislative incompetence (more of Schumer than Pelosi) and the bad judgment [easy to say with hindsight] of Powell on when to start tightening monetary instruments.
Schumer should have listened to Jo Manchin and Powell should have listed to Larry Summers
‘The absence of the anticipated Republican “red wave” in the US midterm elections may be the moment when the party finally realizes that former President Donald Trump is an electoral liability."
It may or may not but I wish Democrats would talk and legislate as if that were a real danger.
I think Bill Janeway is in firm possession of the high ground in addressing the ebb and flow of the role of the industrial technology labs. This fell out of your magnum opus when it shrank to 600 pages, or maybe was never in your wheelhouse even though it is one of the expressed targets of the book.
McConnell has obtained a trillion dollar tax cut for his backers and empaneled a Supreme Court that under Chief Justice Barrett (sorry John: you've been relegated) will delivery win after win for the anti-New Deal, anti-regulation faction of the business world and continue the process of returning the United States to the antebellum era again with his backers as the controlling elite. To get this he empowered the anti-woman theocratic faction on the Court as well, but he doesn't mind that as (1) those rules never apply to the elite (2) every theocratic decision from the court(s) is s stick in the eye of his enemies in the Democrat [sic] Party. The Supreme Court will also continue dismantling the Voting Rights Act, approving gerrymanders, and just outright prohibiting non-white people from voting.
I'm not sure that is a string of losses for McConnell. He has absorbed some public humiliation to get there, but he doesn't seem to mind that.