@JGaneshEsq on the danger of ‘underemployed humanities graduates’ and reviews ‘Dune’.

American Writer comments.

Mr. Ganesh basking in all that relished L.A. sunshine– has he missed Andre Bazin’s ‘What Is Cinema’ volumes I and II, or the ‘Cahiers du Cinéma, The 1950sNeo-Realism, Hollywood, New Wave Cahiers du Cinéma, The 1950s’ or the more assessableand readable Films in my Life by François Truffaut? Not to forget the part that Andrew Sarris played in practicing/promoting the French New Wave and the ‘auteur theory’. For one so enamored by all things American, Mr. Ganesh seems out of his depth. The influence of the French New Wave and the ‘auteur theory’, argued for and practiced by critics like Sarris, was about the legitimatizing of the practice of Film Criticism, as essential to the evaluation and ranking of popular entertainment.

Mr. Ganesh grouses about having to waste his ‘L.A. sunshine’ seeing a movie that he is being paid to review.

The grandiose silliness of Dune cost me 155 minutes of LA sunshine. It might be the handsomest thing committed to screen since Lawrence of Arabia. I even detected one smirk in its po face: characters liken fear to a “little death”, which director Denis Villeneuve must know is French slang for orgasm.

Absent from this essay is Mr. Ganesh’s talent for producing beguiling aphorisms!

Back, for just one moment, to Bazin’s ‘What is Cinema’ volume I and its opening essay that mentions the ‘mummy complex’

Mr. Ganesh points to an intellectualising of popular culture. The books mentioned, offer film criticism, that are the successors to Bazin: although some may be attached to Bazin’s concepts, Truffaut transcends Bazin’s ‘gaudy intellectualism’ and is a devotee, an enthusiast, and finally a practitioner of the cinematic art of story telling.

Let me speculate a bit Mr. Ganesh’s travels in L.A.: he never goes further south than Pico and Western, even though there is some great Barbecue down La Brea and/or Crenshaw! Surely Mr. Ganesh stays within the parameters of West L A. ,Beverly Hills, Santa Monica, Pacific Palisades and Malibu, with side trips up to Santa Barbara and Montecito?

If the reader is patient she eventually arrives at the ‘why’ of this ‘intellectualising of popular culture’ :

I can also venture a guess as to why this is happening. In the America of 1990, 24 per cent of men and 18 per cent of women had four years of college education. The numbers are now 37 and 38. The spread of higher education (a British trend, too) is an emancipating force. But no social change is without its perverse consequences. The academic Peter Turchin traces “woke” culture to the rage of a generation of underemployed humanities graduates, for instance.

There is now a large slice of society that has been drilled in a certain kind of conceptual waffle. It has the tools to over-analyse and ultimately overrate what would’ve been enjoyed as Jurassic Park-style fun in the 1990s. It has coincided with the tech-enabled expansion of the media, with its endless space to fill. The very finitude of newspapers and TV culture shows forced critics to be selective in what they took seriously or covered at all. Now, Netflix can count on essayistic treatment of what its latest jabbering emission “means”.

With the bit between his teeth, Mr. Ganesh reaches full gallop: the villain is the over educated masses, the underemployed humanities graduates, per Peter Turchin, with too much time on their hands, and overactive Prefrontal Cortex:- this reads like a toxic amalgam of Jorden Peterson, Steven Pinker and Jonathan Haidt! Not missing the fact that it is pima facie anti-intellectual !

What the patient reader discovers, is that in lieu of those polished aphorisms, they get this shadow, of what was the only compelling thing, of any of Ganesh’s essays, those arresting apercus!

“The mystery of life isn’t a problem to solve,” says someone in Dune, “but a reality to experience.” That wouldn’t make it past the quality-control people at Hallmark Cards. When the original novel came out, it would’ve been taken for what it is: a fine line within its genre, a breather in a dense plot. We are now invited to turn it over in our heads like a Montaigne gem. The point of an ever-smarter society was to popularise the intellectual. It was harder to foresee the intellectualisation of the popular.


This is the Age of Criticism, nothing is beyond its evaluations, and the debates that ensue from disagreement!

American Writer

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Fani Papageorgiou tarts up the Facebook ‘re-branding’!

Unrepentant Political Radical comments.

An ugly duckling looking for dates, framed by an American Male’s causal misogyny of ‘rating women’ via a one to ten numbers system. With the help of the Winklevoss Twins. Epic! The Aaron Spelling, for the teetering Neo-Liberal Age, Aaron Sorkin, wrote the 2010 movie.

Don’t need to look too closely to see the Larry Summers protégé Sheryl Sandberg, the epitome of Corporate Geishadom, in her ‘Lean In’ manifesto, is the ‘brain’ behind this pathetic ‘re-branding’ comedy! To note that Mr. Zuckerberg’s completely out of his depth! But its his habit of being. Anyone recall that ‘Listening Tour’?

Oxbridger Edward Luce diagnoses the problem , in The Financial Times of November 15, 2017:

Headline: The Zuckerberg delusion

Sub-headline: Facebook founder is a digital superstar, but he has poor human skills


Fani Papageorgiou adds the ‘Theseus’s paradox’ to tart up this story, with a very necessary snob appeal, to render this back page ‘news item’ , for a readership that rates with The Economist, for its view through a lorgnette!

Note that the New Robber Baron’s of Silicone Valley could end the shame of homelessness in their ‘neighborhood’ with no problem. Yet its like a recrudescence of ‘The Shadow Of The Winter Palace’ , Neo-Liberal version!

Unrepentant Political Radical

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Kier Starmer, Michael Ashcroft, Donald Macintyre & perennial villain Jeremy Corbyn, meet in the pages of the TLS.

Political Cynic comments.

The mendacity of The Times is always dependable: a review of ‘Red Knight, The unauthorized biography of Sir Keir Starmer’ by Michael Ashcroft titled ‘The mendacity of hope’ :Labour on the road back to electability’ by Donald Macintyre, his political credentials:

a former chief political commentator of the Independent and the author of Mandelson and the Making of New Labour, 2000

Mr. Macintyre knows the Party Line on Corbyn:

Much of the optimism that informed that decision has since eroded, and the disapproval goes well beyond the Corbynite Left, whose members rallied behind Starmer’s rival in last year’s contest, Rebecca Long-Bailey (the Beckett du jour).

Not only were May’s treaty negotiations with the EU persistently undermined by those same Tory MPs, Johnson foremost among them, but it is also far from clear that Corbyn, despite his own instinctive pro-Brexit leanings, would have been ready to provoke charges of sleeping with the enemy by making such a deal with May. Though the talks were led by Starmer, Corbyn was represented by Seumas Milne and Andrew Fisher, reporting directly to the Labour leader. Corbyn finally abandoned them on May 17, 2019, a week before May resigned.

The scale of the opposition leader’s main task in Brighton – to exorcize the spectre of Corbynism – shouldn’t be underestimated.

Abandoning an ill-prepared proposal to return to the “electoral college” of unions, MPs and party members, Starmer has instead concentrated on raising the number of MPs required to nominate a candidate, thus making it more difficult for someone from the Corbynite Left to throw their hat into the ring.

The mendacity of hope

Mr. Macintyre’s manages, in a very long ‘review’ by TLS standards, to realize rhetorically, the fact that Starmer is out of his depth. An almost a perfect reflection of Mrs. May ? But who can match the lupine charms of Tony Blair ?

Political Cynic

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Edward Luce acts as ‘Friend of Joe’ in The Financial Times ?

Political Cynic comments.

Mr. Luce acting as ‘Friend of Joe’ was almost exhilarating. Or was it just his exposition of the politics of D.C., that acted as its simulacrum?

That lobbyists are/were acting like the hyenas they are, hardly constitutes political revelation! But that the the corporate contributions, to Joe Manchin and Kyrsten Sinema, are at an almost obscene level, offers a revelation, that excels almost any observation that Mr. Luce offers. Perhaps the last paragraphs of his essay, in which he explains ‘reality’ to his readership, should be taken in the spirit of explanation, of the D.C. political process, rather than ‘Friend of Joe’ advocacy?

But US political wisdom is refracted through multiple lenses and what voters want is rarely visible on the other side. Washington is enmired in ritual agony about government over-reach and fiscal irresponsibility. Both sides are complicit in this. Biden’s supporters began by describing his reforms as the biggest since Lyndon Johnson’s Great Society and even Franklin Roosevelt’s New Deal. That made it easier for his opponents to warn of a socialist takeover.

In reality we are witnessing a familiar tale: medium-sized proposals get watered down by big lobbyists. Is it any surprise voters are so cynical?


When Mr. Luce recovers his Posh Boy sang-froid, Joe will return to his guise of Socialist Menace, for his ‘Almost New Deal’. The fact that this will be Joe’s last act, the denouement of his political career, hasn’t caused this Neo-Liberal to present an actual ‘New Deal’ but its simulacrum.

Political Cynic

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Brussels vs Poland, in the pages of The Financial Times.

Political Observer asks a question.

The opening paragraphs of this news report demonstrates the resolve of the E.U. and its commission president Ursula von der Leyen:

The European Commission will take steps to punish Poland for challenging the supremacy of EU law, its head has vowed as she condemned Warsaw for “calling into question the foundations of the European Union”.

Ursula von der Leyen, commission president, said on Tuesday that Brussels had three tools to hit back at Poland, ranging from a legal challenge, to a formal sanction that could withhold tens of billions of euros in EU funds, and a political process that has the power to strip the country of bloc membership rights.

“We cannot and we will not allow our common values to be put at risk. The commission will act,” von der Leyen told the European parliament in a strongly critical speech, as Poland’s prime minister listened in the chamber. “This ruling . . . is a direct challenge to the unity of the European legal order.”


Given this statement of resolve, what can the reader make of this from The Telegraph of September 9, 2021?

Headline: Michel Barnier demands return of France’s ‘sovereignty’ from European courts

Sub-headline: Former EU negotiator accused of hypocrisy by Brexiteers after attack on European Court of Justice

Michel Barnier said that France had to regain the sovereignty it has lost to European courts on Thursday and called for a referendum on a ban on non-EU immigration.

The former Brexit negotiator and EU commissioner was accused of hypocrisy because his comments appeared to contradict many of the positions he took when he was helming talks with the UK.

During the Brexit negotiations, Mr Barnier, who is running to be French president for the centre-Right Republicains party, called for the European Court of Justice to continue to hold sway in the UK and insisted it remained the sole and supreme arbiter of EU law.


The last three paragraphs of this news report are telling:

A previous attempt to apply the procedure against Poland in 2017 was shelved after Hungary vowed to veto it, and that obstruction would need to be overcome to resurrect the process and apply sanctions.

Polish government officials said the commission had misunderstood the court ruling and was both responding to its most extreme interpretation and taking a political approach to a legal issue. “With this approach to the ruling it will be hard to de-escalate,” said one.

Morawiecki told lawmakers: “If the institutions created in the [EU] treaties exceed their powers, member states have to have a tool to respond . . . The EU is not a state.”

Is the power of the European Super State waning? If the Brexit negotiator, Michel Barnier, turns against his former employers: ‘demands return of France’s ‘sovereignty’ from European courts.’ in his attempt to wrest control from Macron, and his utterly failed/discarded Jupertarian Politics, as cover for his Neo-Liberalization of France, what else might be possible?

Political Observer

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Gideon Rachman on Joe Biden’s ‘two-front war for democracy’.

Political Reporter & Almost Marx comment.

Headline: Joe Biden’s two-front war for democracy

Sub-headline: The US president’s domestic problems are hobbling his efforts to defend freedom overseas

Gideon Rachman begins his latest essay with this sentence: ‘“Are We Rome?” Cullen Murphy’s book with that title was published in the US in 2007, capturing the concern that America was an empire in decline.’

Instead of following the link provided by Rachman, to Walter Isaacson’s review in The New York Times, here are two alternative reviews of Cullen’s book:

Review by George Pendle in the May 25, 2007 issue of The Financial Times:

Of course, when Murphy asks, ”are we Rome?” he is really asking whether America will end like Rome – in dissolution. But he does not believe history is doomed to repeat itself. Asserting with Livy that an empire remains powerful ”so long as its subjects rejoice in it,” his cure is to promote assimilation, foster cosmopolitanism, and somehow regain an uncynical faith in strong government. He suggests that national service would resuscitate the patriotism of the early American (and Roman) republic, and bring the citizenry back in touch with the military. It is a classical solution – unfashionable, impractical, yet undeniably sane.


Here from the New Yorker is a one paragraph review, under the rubric of ‘Briefly Noted’ of May 21, 2007:

Murphy writes that “Americans have been casting eyes back to ancient Rome since before the Revolution,” and goes on to interrogate the comparisons drawn both by “triumphalists,” who see the world’s only superpower in terms of the Roman Empire at its height, and by “declinists,” who see America as “dangerously overcommitted abroad and rusted out at home,” like Rome before its fall. Murphy makes telling points about the solipsism of political élites and the impact of corruption and cronyism on civil society, but he stops short of predicting America’s fall. (Indeed, he argues that it is simplistic to say that Rome fell.) Instead, he points to a malaise exemplified by the debasement of the term “franchise,” once associated with freedom to vote, and now with commerce: “Here, in miniature, is the political history of America.” Murphy prescribes antidotes, and finds grounds for cautious optimism in the words of Livy: “An empire remains powerful so long as its subjects rejoice in it.” ♦


Just re-reading the first thirteen pages of his Prologue and its featured players: ‘The Robe’, ‘Quo Vadis’, ‘Spartacus’ ‘Ben-Hur’, Liam Neeson in ‘Batman Returns’, Charles Krauthammer, William Kristol, Max Boot, Chalmers Johnson, Paul Kennedy, Niall Ferguson, Jane Jacobs, Victor Davis Hanson, Richard Horsley, Jerry Falwell, Dick and Lynn Cheyney, Regis Debray, Barbara Haber, Trent Lott, Clair Booth Luce, Richard Neustadt, Ernest May Lyndon Johnson , A.J. P. Taylor. The reader suffers the shock of name dropping !

But this sentence best exemplifies the Cullen Murphy literary enterprise:

Had the president of the United States , George W. Bush , been of a mind to compose his own ‘Meditations, he could legitimately say he wrote them ‘among the Alemanni’, the Franci ,the Celtae,’ because he was here with the Germans ,the French, the Irish and a number of other tribes for a summit meeting with the members of the European Union-…

I had ordered my copy of ‘Are We Rome’ in 2009 and read a portion of the Prologue. I had read, the year before, J.G. A. Pocock’s Barbarism and Religion, Volume One , The Enlightenments of Edward Gibbon 1737 – 1764And Barbarism and Religion Volume Two, Narratives of Civil Government. Mr. Murphy failed to meet the standard set by this historian, even though Pocock doesn’t address the burning question of ‘Are We Rome’- Murphy wrote a magazine article that simply grew to book length!

On the question of Weimar see The Weimar Republic Sourcebook’ edited by Anton Kaes, Martin Jay, Edward Dimendberg. At 741pages of texts , from German writers of the Weimar period, and introductions that aids the readers understanding of period, place, politics, the place of women, cinema, Jews etc., etc.

A laboratory for competing visions of modernity, the Weimar Republic (1918-1933) continues to haunt the imagination of the twentieth century. Its political and cultural lessons retain uncanny relevance for all who seek to understand the tensions and possibilities of our age. The Weimar Republic Sourcebook represents the most comprehensive documentation of Weimar culture, history, and politics assembled in any language. It invites a wide community of readers to discover the richness and complexity of the turbulent years in Germany before Hitler’s rise to power.

Drawing from such primary sources as magazines, newspapers, manifestoes, and official documents (many unknown even to specialists and most never before available in English), this book challenges the traditional boundaries between politics, culture, and social life. Its thirty chapters explore Germany’s complex relationship to democracy, ideologies of “reactionary modernism,” the rise of the “New Woman,” Bauhaus architecture, the impact of mass media, the literary life, the tradition of cabaret and urban entertainment, and the situation of Jews, intellectuals, and workers before and during the emergence of fascism.

While devoting much attention to the Republic’s varied artistic and intellectual achievements (the Frankfurt School, political theater, twelve-tone music, cultural criticism, photomontage, and urban planning), the book is unique for its inclusion of many lesser-known materials on popular culture, consumerism, body culture, drugs, criminality, and sexuality; it also contains a timetable of major political events, an extensive bibliography, and capsule biographies. This will be a major resource and reference work for students and scholars in history; art; architecture; literature; social and political thought; and cultural, film, German, and women’s studies.

After the framing device of ‘Are We Rome’, Weimer and the thickets of Rachman’s political thought, the reader’s journey ends here:

The idea that Biden is a floundering incompetent is now being hammered home by the Republicans, who also point to the failure to control migration on America’s southern border — and to the administration’s struggle to get its spending package through Congress. One recent opinion poll saw Biden’s approval rating dipping to 38 per cent; others put him in the low 40s.

The White House is trying to project an image overseas of a resurgent America that is neither Rome nor Weimar. But in Biden’s Washington the fear that the president may fail — and the dread of what that might mean for America — now hovers in the background of every conversation.


Political Reporter & Almost Marx

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Thatcherite @rcolvile loses his ‘faith in the state’?

Almost Marx …

After last weeks column:

Headline: At the Tory conference Boris Johnson bemoaned the lack of heckling. Well, it may come soon enough

At my first Tory conference, in 2006, I was given a very simple instruction by the Telegraph politics team: find Boris Johnson and follow him. It wasn’t hard. There he was, urging parents to push pies through school railings if they didn’t want their kids following the Jamie Oliver diet. Or warning that localism could lead to sharia law in Tower Hamlets, or criticising new rules on car seats for children (“When I was growing up, we all bounced around like peas in a rattle — did it do us any harm?”). When an elderly audience member fainted at the Telegraph fringe meeting, perhaps overcome by the sheer thrill of Johnsonian proximity, he swept from the stage to pick her up, chair and all, and carry her outside. At one point he spent an hour hiding in the party press office as the media laid siege outside. He was where the news was.

Fifteen years later Boris was again the dominant figure of Tory conference. In fact its entire architecture was shaped around him. Because of Covid uncertainty, his ministers were confined to a temporary auditorium, separated from the main exhibition hall by a set of black curtains. For Johnson’s big speech on Wednesday, however, the cameras and banners were moved to a larger, grander, purpose-built space — a crowded, adoring BozzaDrome. And whereas the prime minister had time to quote poetry and riff on the Italian economist Vilfredo Pareto, his colleagues got a much briefer moment in the spotlight, with a choice between a seven-minute speech and a 20-minute discussion. A few, such as the chancellor, had a little longer, but even they were frequently competing with the hubbub from the main hall.

Naturally, party conferences usually focus on their leaders. At that 2006 conference David Cameron delivered not one keynote but two, and our system has only got grown more presidential since then.


A combination of a ‘Life Report’, on his journalistic beginnings at the Telegraph, and his reportage, that is a pastiche of Trollope’s ‘long carpeted hallways’? if I recall this reference correctly? Or perhaps a critical evaluation of C.P. Snow’s novels, that is etched into memory ? The past wedded to his musings on Boris Johnsons, longing for a bit more political melodrama, featuring himself, in the present.

The regular reader of Mr. Colvile must give him his due as a political writer/commentator, who relishes politics as practiced, in all its inglorious particulars.

Mr. Colvile’s essay of October 16, 2021 and his self-presentation is at best failed comedy:

Headline: Faith in the state? It only took a short call from Test and Trace to disillusion me all over again

In the face of it the headlines about soaring Covid case numbers are deeply alarming. But they miss out something important. Covid has, against all expectations, become a disease of the young. There are still tens of thousands of cases a day. But among those over 18 prevalence of the disease has barely budged since summer. What is fuelling the numbers is cases in schools, with 8.1 per cent of secondary-age children and 3.1 per cent of primary estimated to have been infected as of October 9 — both far, far higher than in any other demographic.

For me, data turned into anecdote last week. Having escaped the Tory party conference moshpit with barely even a cold, I got an email from school on Monday: the six-year-old’s teacher and her assistant had both tested positive. The lateral flow test gave my son the double line, the PCR test confirmed it and then it was back to the familiar routine of self-isolation, Zoom classrooms, masked deliveries at the door and trying not to breathe in at night as two coughing, mildly feverish children clamped themselves to my side.

I thought the worst part of it would be persuading the kids to have testing swabs stuck up their noses not once but twice, including an honest-to-God wrestling match at the testing centre. But then I got the call from NHS Test and Trace. It wasn’t just that the sound faded out every two seconds. Or that the on-screen script froze, so the caller had to put me on hold for ten minutes while they reset the computer. It’s that the entire process seemed to have been designed without any consideration of what it would be like to deliver or listen to the script.


The political melodrama continues, with Mr. Colvile as the victim of a bureaucrat asking inane questions about his children. Eventually aided by Cass Sunstein, whose new book is called ‘Sludge’.

This is a textbook example of what the US academic Cass Sunstein calls “sludge” in his new book of the same name: dispiriting, dehumanising, time-swallowing bureaucracy that actively makes people’s lives worse.

Who can forget Cass Sunstein’ s other political interventions? Here Jeremy Waldron reviews Soft-Core Authoritarian Sunstein’s ‘Nudge’:

It’s All for Your Own Good

And my own comment on @gilliantettFinancial Times essay of June 9, 2021

Cass Sunstein, a leading behavioural scientist who helped to popularise the concept of the “nudge”, a policy technique that steers people towards certain actions, has written that Biden’s plan to embrace evidence-based policymaking incorporates “an explicit endorsement of behavioural science — and it calls for much more of it”. Sunstein himself has been hired by the Department of Homeland Security.


The sad news is that Mr. Sunstein is a lawyer, not a ‘a leading behavioral scientist’ ! See my essay for the particulars

@gilliantett frames her latest essay via Soft-Core Authoritarian Cass Sunstein. Political Skeptic comments.

Mr. Colvile, as Thatcherite, chatters about the virtues of the ‘Free Market’, that utterly collapsed in 2008, and destroyed both the Working Class and the Middle Class. The Question that Mr. Colvile fails to address, in his advocacy for that ‘Free Market’: where is the Radiant Economic Prosperity, that Thatcherism and its folk hero Hayek thought to be axiomatic? Perhaps not enough of the cleansing bath of ‘Austerity’?

Even a Thatcherite like me wouldn’t argue that we should have a free-market flourish in testing and tracing, with firms giving a special discount on self-isolation for choosing their services. But my experience cuts against the narrative of the pandemic offered by government.

The conscious destroyers of the Welfare State, Mr. Colvile and his fellow travelers, and its institutions: @CPSThinkTank continue their War against the Welfare State, as if their ignominious past, and present, has been subject to a viable erasure. The Welfare State’s raison d’être was/is the care and maintenance of the Public Welfare. Not the propping up of a Capital, stepped in political mendacity, that exalts ‘The Market’ as the sine qua non of human aspiration!

Almost Marx

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Moqtada al-Sadr as political opportunist , in the pages of The Financial Times.

Political Realist comments.

That the Anti-Imperialism, in the Islamic World, should embrace leaders like Moqtada al-Sadr, should come as no surprise. That the Wars in Iraq and Afghanistan, have ended in ignominious defeat, for an America, now utterly disenchanted, with the lies of the Neo-Conservative political toxin, is also unsurprising. Especially after Trump, and a Pandemic that remains a frightening reality, coupled with a loss of faith in Science and its Institutions.

As informative as Chloe Cornish essay is, it follows the Party Line on Political Islam! To commit a Political Heresy : If Zionism is legitimate, then Political Islam is equally legitimate!

How surprising for Chloe Cornish to quote a writer/journalist on the actual ‘Left’ , no matter how brief… ‘Patrick Cockburn, author of Moqtada al-Sadr and the Battle for the Future of Iraq.’.

Like all politicians Moqtada al-Sadr seeks to grow and institutionalize his political power! That seem axiomatic …

Political Realist


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Jamie Diamon proclaims the viability of ‘Supply Chains’, with help from fellow ‘Globalists’, in The Financial Times.

Political Skeptic comments.

Who better to proclaim the viability of ‘Supply Chains’ than the redoubtable Jamie Diamon? The Economic Utopianism of the twins of Globalism/Neo-Liberalism have experienced collapse, that date from 2008, with catastrophic consequences for ‘we’ lesser beings of the planet. Yet in the attempt of this report/essay to construct a carefully confected History Made to Measure , reads like what it is a wan apologetic for the failure of that Globalism/Neo-Liberalism.

Mr. Diamon issues this economic proclamation:

“This will not be an issue next year at all,” said Jamie Dimon, JPMorgan Chase chief executive, at the Institute of International Finance conference this week. “This is the worst part of it and the great market system will adjust for it.” 

Followed by Brian Moynihan:

“Six months ago when this was raised to me by clients around the country . . . you never would have thought it would have gotten so much worse since then,” said Brian Moynihan, Bank of America chief executive, on Tuesday.

More from fellow traveler Charlie Scharf:

Charlie Scharf, Wells Fargo chief executive, expressed similar surprise at the extent of the disruptions, but said he believed the problems were “transitory”.

The barrage of propaganda never stops:

I think we understand the intricate interconnectedness of the global supply chain and in ways that . . . people more broadly probably don’t,” Scharf said. “What we just have to protect against is people making decisions that exacerbate the problem, which is trying to add to inventories too quickly.”

Moynihan said it was too soon to say whether or not the shortages would lead to price increases that make goods unaffordable: “That’s the grave concern right now.”


The collapse of the myth of ‘Supply Chains’, in the Age of Pandemics, present an imperative: the reestablishment of indigenous manufacturing bases, within the individual Nation States of the world. As a founding principal to replace the utterly failed, misbegotten Globalism/Neo-Liberalism Mythology!

Political Skeptic

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The Show Trial of Kristalina Georgieva continues, in pages of The Financial Times.

Political Cynic comments on this unfolding Political Melodrama!

The Show Trial’ of Georgieva continues in this newspaper. Yet even Luce’s Bill of Attainder lost what political force, it might have had, in its last two paragraphs. But what The Hegemon, America, wants it will get! The IMF and The World Bank are the public relations defenders of Toxic Capital. Quoting the mendacious Jeffery Sachs as a ‘Progressive Economist’ followed by Stiglitz leads the reader to what conclusion? 

The New Cold War with China, and numerous others, makes this reader wonder at the inexhaustible treasuries, and the political will of America, as the Afghanistan Defeat still bedevils its hegemonic self conception.

Here is the lynch-pin of this essay, after all the speculation and political temperature taking: the high placed anonymous source: ’A former division chief at the IMF’

A former division chief at the IMF said the extent of the board’s disagreements over Georgieva’s fate had already undermined her ability to lead going forward, leaving few alternatives beyond her being replaced.

“Such openly divided and at best modestly enthusiastic support for its managing director risks hobbling the institution’s effectiveness, both in terms of its policy advice and credibility of its analysis,” said the former IMF official. “Even if she weathers this storm, it will be difficult for Ms Georgieva to continue as an effective leader of the institution for much longer.”

The political melodrama continues, as Georgieva’s ‘Deviationism’ must be firmly established in the Public Mind!

Anne Krueger, a former World Bank chief economist and deputy managing director of the IMF, said the affair left her “worried about the future in general”.

“I’m worried that if indeed this is somehow permitted to pass, we will have more pressure for more governments to change more numbers in more favourable directions,” she said. “Not everybody . . .[will] give in but there are some staff or management who will, and the situation will get out of hand if it isn’t already.”

Like any effective melodrama, drawing on a Tradition that dates from Ancient Times, a member of Economic Royalty appears, as the deus ex machina:

Paul Romer, a Nobel laureate who was World Bank chief economist under Georgieva and worked with her and Djankov, said the latter’s alleged actions “should be interpreted as being done with the knowledge and at the behest of Kristalina”.


Political Cynic

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