ECONOMIC CRISES

Sorkin’s “1929” makes one think about 20th and 21st century American Presidents who may have set a table for a second economic crisis. As the Turkish proverb says “…fish stinks first at the head.”

Books of Interest
 Website: chetyarbrough.blog

1929 (Inside the Greatest Crash in Wall Street History–and How It Shattered a Nation)

AuthorAndrew Ross Sorkin

Narration by: Andrew Ross Sorkin

Andrew Sorkin (American author, journalist, and columnist for The New York Times.)

“1929” is a history of the build-up to the stock market crash and the advent of the depression with opinions about how today’s economy compares and what should be done to keep it from happening again. Though Sorkin is not an economist, he has written an interesting history of the build-up to the 1929 depression.

Faltering economies.

There is a sense of danger being felt by some today when reading/listening to Sorkin’s history of the 1920s. Few seem to have a clear understanding of world market forces and whether we are heading for an economic catastrophe or a mere hiccup in the growth of the economy. Neither bankers, regulators, nor politicians in the 1920s (or for that matter now) seem to have a clue about the economy’s trouble and what can be done to ameliorate risks. Like 1929, today’s insiders, power brokers, and rich have more options to protect themselves than most of the world’s population.

Increasing homelessness in America.

In America, it seems those in power have no concern about the rising gap between rich and poor or the immense increase in homelessness. Without a plan by those in power, there seems little concern about reducing inequality, the common denominator for the wealth gap and homelessness. Sorkin’s book outlines the reality of 1929 that gives reader/listeners a feel of history that may repeat itself.

Sorkin’s history seems credible as he notes human nature does not change.

Today’s leaders are like yesterday’s leaders. Not because they are venal but, like most if not all human beings, leaders in power are concerned about themselves and what there is in life that serves their personal needs and wants. Of course, the difference is that leaders that are power brokers affect others that do not have the same influence or options to protect themselves. We all have blinders that keep us from seeing the world as it is because human nature is to ask what is in it for me, i.e., whatever “it” is. The 1920s had a merger bubble in manufacturing and communication that is fed by the industrial revolution. Today, we have a merger bubble with mega-corporations like Tesla, Apple, Amazon and others that are mega-corporations capitalizing on a new revolution coming with A.I., the equivalent of the Industrial Revolution. Some critics argue mega-corporations, like what happened with the oil industry could be broken up to increase competition which is the hallmark of improved production, cost reduction, and lower consumer prices.

Charles E. Mitchell (American banker, led the First Nation City Bank which became Citibank.)

What makes this history interesting is Sorkin’s identification of the most responsible power brokers who bore responsibility for the stock market crash. Charles Mitchell of Nation City Bank is identified as the central driver of the stock market bubble. Mitchell denied the reality of the financial systems fragility. His ambition and unfounded optimism magnified the systemic risk of the financial crises. He openly defied the Federal Reserve’s warning to curb margin lending that risked other people’s money and their financial stability. He continued to promote purchase of stocks on credit that were fueling the stock market bubble. Mitchell appears to have misled the public in order to increase his power and protect his personal wealth by creating the illusion of market stability and his bank’s profitability. Though Mitchell is not the sole villain, he became the most powerful banker in the nation while breaking the financial backs of many Americans. In general, it is the self-interest of those who listened to him that have responsibility for their financial collapse, but it is always hard to know who is lying to you. Part of the blame is the hesitation of the Federal Reserve Board to act because the people in charge could not agree but that was more a matter of omission than commission which Mitchell was charged with but not convicted. Of course, the political leaders of that time also failed but hindsight is a lot easier than foresight.

Artificial Intelligence is today’s equivalent of the Industrial Revolution of the twentieth century.

Similar to the corporate mergers and investment from growing industrialization of the 1920s, today’s mania is mega corporation’ investment in Artificial Intelligence. Sorkin notes the ease of trading stocks, expectations of crypto investments, and A.I. hype may well move the market beyond its value. He argues for stronger guardrails on speculative investments, more limits on margin lending, and transparency on high-risk investments. He cautions easier credit as seen this Christmas season with buying based on delayed payment incentives and increasing credit card availability, card balance increases, and more liberal repayment terms. In general, Sorkin wants to see more, and better government oversight and regulation of credit offers. He believes too many lenders are overly optimistic about the future with the gap between rich and poor widening and trending to get worse. That inequality threatens the success of capitalism as a driver for shared prosperity, and economic growth.

Herbert Hoover (President 1929-1933, though characterized as the primary villain for the depression, Sorkin identifies his role as one of omission rather than commission.)

The Presidents shown below carry some responsibility for where the American economy is today but that would be another book.

Clinton, the first Bush, the second Bush, Obama, Biden, Trump.

Sorkin’s “1929” makes one think about 20th and 21st century American Presidents who may have set a table for a second economic crisis. As the Turkish proverb says “…fish stinks first at the head.”

Orwell & A.I.

In the pre-A.I. age, democratic socialism is unachievable, but A.I. may resurrect its potential. However, as Orwell noted, the risk is a “Brave New World” rather than a hoped-for democratic socialism.

GEORGE ORWELL (Author, 1903-1950)

In Norm Chomsky’ ‘s and Nathan Schneider’s book, “On Anarchy”, George Orwell’s book “Homage to Catalonia” is called one of Chomsky’s favorite books. “On Anarchy” infers Orwell believed in anarchy because of his role in the war (1936-1939) against the Franco government. Though Orwell’s risk of life in Spain’s war is inconceivable to me, it seems prudent to listen to his story and point to the significant difference between what Chomsky and Schneider infer about Orwell’s belief in “…Anarchism” and what Orwell really wrote and believed. Though Orwell takes anarchism seriously as a political working-class movement, he believes it is impractical and that democratic socialism (with “1984” reservations) is what he believes could be the best form of government. The idea of abolishing all forms of coercive authority and hierarchy with a government anarchy is impractical because of the nature of human beings.

Francisco Franco with his soldiers in 1936.

Because of Orwell’s belief in democracy and equality he chooses to join the fight against Franco’s fascism. He joins the resistance at the age of 33 because of his belief in democratic socialism. He felt he needed to join the ideological struggle against Franco’s regime. It is a remarkable decision considering he is married, and relatively unknown. He is oddly driven by his moral belief in democracy and equality. Presumably, he entered the war to understand what it means to fight a war against a government he felt was immoral and totalitarian. Orwell served for approximately six months beginning in December 1936. He was shot in the throat and nearly died.

Anarchy and human nature.

It seems inconceivable that anarchism is a reasonable way of governing human nature. It is interesting to contrast what Orwell believes and what anarchists argue. This is particularly relevant in the 21st century because of the inevitable change in society that is occurring with artificial intelligence. A.I. has an immense potential for creating Orwell’s “Brave New World”. However, his writings reject the ideal of “Anarchy” espoused by Chomsky and Schneider because of its impracticality. Orwell shows that human nature contains both heroism and weakness tied to the material world. Even though human nature is basically decent, it is easily corrupted. That corruption makes humans hope and fear human decisions designed by consensus. It is not to say democratic socialism would be infallible, but it offers a structure for regulation of different governments at chosen intervals of time.

Human nature will not change. Human nature is a set of relatively stable psychological, biological, and social tendencies that are shared by all human beings. These tendencies shape how humans think, feel, and act even as culture and governance changes. Artificial intelligence will only intensify the strengths and weaknesses of human nature. The principles of anarchy in an A.I. world is frightening:

  • No centralized government, police, or standing armies.
  • Society organized through federations of communes, cooperatives, or councils.
  • Emphasis on direct democracy, mutual aid, and local autonomy.
  • Suspicion of any coercive authority — even democratic majorities.
  • Change often imagined as revolutionary, not incremental.

A more rational alternative to Anarchy is Democratic Socialism believed by Orwell and espoused by MLK.

  • The state remains, but becomes more egalitarian and accountable.
  • Markets may still exist, but are regulated or supplemented by public ownership.
  • Political parties and electoral competition are central.
  • Emphasis on universal programs: healthcare, education, housing, worker protections.
  • Change is gradual, through reforms, not revolution.

Differences of opinion.

There are obvious differences between Chomsky’s and Orwell’s beliefs. Both have social weaknesses. Human nature gets in the way of both forms of governance. Orwell seems to have recognized the weaknesses of his belief in democratic socialism in his writing of “Brave New World”. In contrast, Chomsky’s and Schneider’s pollyannish view of anarchy as “…a better form of government where power is decentralized and citizens can and should collectively manage their own affairs through direct democracy and cooperative organizations” is absurd. The difference is that Orwell foresees the dangers of his idea in “Brave New World” which anticipates something like A.I. that has the potential for society’s destruction. “On Anarchy” ignores the truth of human nature, “Brave New World” does not.

Franciso Franco (1936-1975, died in office.)

Orwell’s decision to join opposition to Franco’s dictatorship fails. Their right-wing beliefs in authoritarianism, anti-communism, and pro-Catholicism prevails. Spain’s 1930s opposition leaders (Manuel Azaña, Largo Caballero, and Juan Negrín) were pro-democracy with anti-fascist, socialists, communists, anarchists, trade unions, urban workers, and peasants who Orwell joined to support democratic socialism, not anarchy.

In the pre-A.I. age, democratic socialism is unachievable, but A.I. may resurrect its potential. However, as Orwell noted, the risk is a “Brave New World” rather than a hoped-for democratic socialism.

PEACE IN ISRAEL

Like America’s Civil War and the issues of slavery and independence, peace will only come to Israel with a political and territorial agreement based on human equality.

Books of Interest
 Website: chetyarbrough.blog

BEING JEWISH AFTER THE DESTRUCTION OF GAZA (A Reckoning)

AuthorPeter Beinart

Narration by: Malcolm Gladwell

Peter Beinart (Author, journalist, political commentator, professor, former editor of the New Republic, born in Cambridge, Mass. to Jewish immigrants from S. Africa.)

This is a surprising Jewish author’s analysis of Israel’s response to the horror of Hamas’ murders/rapes of 1200 people and the taking of 251 Jewish hostages on October 7, 2023. Peter Beinart appears to be a devout Jew and journalist who criticizes Israel’s response to Hamas’s brutal attack and hostage taking. He believes, as current news reports confirm, Hamas will return to control and influence Gaza and West Bank Palestinians after Israel’s brutal response to the Hamas’ atrocity.

NYT’s Picture of Grief over the Hamas attack on October 7th, 2023.

Without reservation, Beinart condemns Hamas for their war crime on October 7th. However, his book equally condemns Netanyahu’s response. Beinart points to the Israeli government’s destruction, murder, and starvation of thousands of Palestinian men, women, and children who had nothing to do with the planning or execution of the Hamas horror of October 7th. The author argues Israel must focus on a political, non-military solution to Palestinian human rights. He believes Netanyahu’s actions only perpetuate a cycle of violence in Israel which will not achieve security for either the Israeli or Palestinian people.

One wonders how unpopular Beinart’s opinion may be among Israel’s Jewish population. As a blogger who received written comments from a devout Jewish person who supports Trump and Netanyahu’s actions in Israel, it is surprising to hear Beinart’s analysis of the Gaza war and his criticism of Israel’s actions. As the reviewer of this book who admittedly has little respect for religion and its history of atrocities, it is encouraging to hear from one who believes in their religion and condemns those who have no empathy for other religions. God is a universal concept with religions that worship His existence in different ways. Beinart makes one wonder why there is so little room for a “let it be” attitude toward different religious beliefs.

Empathy.

Beinart argues for Jewish empathy toward Palestinians while condemning Hamas’ actions in Israel. He believes long-term peace requires political compromise and a recognition of Palestinian rights. Military actions only guarantee rather than deter future violence and injustice. Beinart’s plan is to end Israeli’ occupation of Gaza and expand the rights of Palestinians to control Gaza and the West Bank. He argues it can be either a one-state or two-state solution. Beinart argues ground invasion by Israel in Gaza must stop. He recommends forthrightly engaging the humanitarian crises in Gaza by providing aid and rebuilding what has been destroyed.

Pursuit of peace is not easy.

None of this is easy because of the enmity that remains. The complications of political opposition, and security are ongoing concerns for Israelites and Palestinians, but Beinart believes the risks of a negotiated political, religious, and territorial settlement is worth it. Human equality is a work in progress for all nations in the world. Beinart persuasively argues a political and territorial agreement between Palestinians and Israelites is the only possible path to peace. Like America’s Civil War and the issues of slavery and independence, peace will only come to Israel with a political and territorial agreement based on human equality. Of course, the drive for equality remains a work in progress for America. That will be true in Israel for generations to come, but peace can be restored with pursuit of equality for Palestinians and Jews.

VICE PRESIDENTS

Harris’s tough mindedness and potential are well illustrated in “107 Days”. America is ready for a woman to be President, but Ms. Harris may have too much baggage to be a successful candidate for President in 2028.

Books of Interest
 Website: chetyarbrough.blog

107 DAYS

Author: Kamala Harris

Narration by: Kamala Harris

Kamala Harris (Author, former V.P. of the United States and former California attorney general.)

The obvious message of Kamala Harris’s book “107 Days” is that the Democratic Party lost the presidency because of the compressed time for Harris to mount her campaign. There are many reasons noted for Harris’s failure to get elected as President of the United States. She notes Biden’s weak candidacy, party disorganization, misinformation and disinformation, foreign policy controversies and protests, polarization and turnout problems, and cultural/generational messaging gaps. “107 Days” is a well written and narrated story of the difficulties that Harris had in her political race against Donald Trump. Her book is a compelling argument. However, it seems her most likely cause of defeat is time.

Donald Trump (President of the U.S., politician, media personality, born into a wealthy New York City family, has a B.A. in Economics from University of Pennsylvania.)

Retrospectively, Harris’s story makes many think she would have been a better President than Donald Trump. The story of her book reinforces that belief. However, that is misleading in the sense that Harris is faced with two burdens that are difficult, if not impossible, to overcome. One, America has never had a woman President and two, Harris is too closely associated with the administrations cover-up of Biden’s intellectual decline. There are many causes one can give to understand why Harris is defeated but time to know who she is seems the most crucial.

Vice President Harry Truman became President with the death of Franklin Roosevelt.

It seems most Vice Presidents of the United States are viewed as figure heads or pawns to increase votes for the person who is running for President. The duties of a Vice President today seem more like “gopher” jobs that give little visibility to the character of the person chosen to be Vice President. Only when that person becomes President, does the world find out who the Vice President is and what capabilities he (before Harris, they were all men) brings to the office. (For example, Trump’s successor, if it was his V.P., is unknown and unpredictable.) Harry Truman, retrospectively, is one of the great Presidents of the United States but no one thought a part owner and proprietor of a grocery store could be a competent President of the United States.

Five V.P.’s in history became Presidents of the United States.

Though there have been several Vice Presidents (John Adams, Thomas Jefferson, Martin Van Buren, Richard Nixon, and Biden) who have successfully become Presidents of the United States their election was determined by campaigning. Regardless of whether time was the determining factor in Harris’s loss of the Presidency, her book shows she has the intelligence and ability to be America’s President. What that means to her and the future of America is unknown. One presumes Harris will consider running for President, but one suspects the burden of her loss to Trump is likely to diminish her chance of getting enough political support for her candidacy.

Presidents of the United States.

Harris’s tough mindedness and potential are well illustrated in “107 Days”. America is ready for a woman to be President, but Ms. Harris may have too much baggage to be a successful candidate for President in 2028.

NIH DISMANTLING

In listening to “Replaceable You, one’s thoughts go to Robert Kennedy’s belief that vaccines are a threat rather than aid to societal health.

Books of Interest
 Website: chetyarbrough.blog

REPLACEABLE YOU (Adventures in Human Anatomy)

Author: Mary Roach

Narration by: Mary Roach

Mary Roach (Author, writer who specializes in humor about popular science, has several NYT’s bestsellers.)

Mary Roach writes an irreverent history about human body parts that have been found to be replaceable with varying degrees of success. The range of her observations run from the humorous to macabre to the sadly tragic.

Humor is subject to the mind of the beholder, but Roach offers a history of nose replacements, dentures, penial replacements, ostomy bag mishaps, hair transplants, and experiments with different materials used to replace body parts. She experiences what it is like to live in a tube designed to aid breathing for one living with paralytic polio. She recounts the famous astronomer, Tycho Brahe who lost his nose in a duel, and had it replaced with a glued metal protuberance that periodically fell off. He became known as the man with the golden nose, though it may have been made of brass.

Dentures became known as “wigs of the mouth” as they came into the 19th century.

Roach alludes to George Washington’s dentures and how uncomfortable and prone they were to be falling out at times of passion (like kissing), chewing sticky or hard foods, or vociferously arguing with subordinates. Made of ivory, animal or human teeth, they were secured with gold wire, bone bases, and/or rubber fittings. Based on excavation in Egyptian times, human and animal teeth and bone were found to be teeth held together with gold wire. Either suction or straps held the dentures in place. Contrary to the myth of wooden teeth for George Washington, historians believe ivory was used in his dentures. They were fastened together by metal springs and bolts and secured to his remaining natural teeth which dwindled to one tooth as he aged.

Roach explains the history of penial transplants that is funny to some while interesting and important to others.

Fingers are sometimes amputated as the structure for penile replacement. She comically suggests an articulated finger allows the transplant to be knuckled under to mitigate appearance of a perpetual erection. Roach goes to great lengths (ahem) to explain how important an implant is to men. A man’s thoughts may wander in a different direction than the author’s view of a successful operation. In any case, Roach’s history shows how accessible and thought-provoking penial implants have become.

An ostomy is a surgically created opening to allow waste to be expelled from the body.

An ostomy can be more precisely identified as a colostomy, an ileostomy, or a urostomy. The first is an opening to the large intestine while the second is an opening to the small intestine. The third, a urostomy is a urinary opening that allows healing of the other two when surgically completed. The urostomy may also be required because of bladder cancer or infection and other maladies related to the urinary track. To keep Roaches story a little less gruesome she tells stories of inadvertent noises and sloshing that occurs with ostomy bags. Like dentures falling out of one’s mouth, ostomy bag use can make unexpected noise or inopportune leaks. They are like “portable embarrassment machines” that can either lead to mutual laughter or embarrassing incidents. Roach contrasts the seriousness of medical necessity with the absurdity of life.

Early ventilator’s first use.

The most heartbreaking issue of Roach’s stories is of polio survivors who are unable to breath without help. Severe loss of muscle function in polio victims required placement in long negative atmosphere tubes in which a patient is confined to stimulate muscle movements for one to breath. Today, a portable positive-pressure ventilator largely replaces the human iron lung. Roach briefly uses one of the iron lungs shown above, but the discomfort made her ask to be removed from the confining contraption within minutes of enclosure.

In listening to “Replaceable You, one’s thoughts go to Robert Kennedy’s belief that vaccines are a threat rather than aid to societal health.

Mary Roach implies Kennedy and America’s current President are fools. To me and presumably to Roach, downsizing the National Institute of Health that researches and tests medical treatments for presently incurable diseases and physical disabilities is a national disgrace.

EVIL’S PERSONIFICATION

One asks oneself, what leaders in the world today have remorse for the incarcerations, torture, and killings for which they are responsible? What remorse is there in Putin’s, Ayatollah Ali Khamenei’s, Prime Minister Netanyahu’s, and even our American President’s thoughts?

Books of Interest
 Website: chetyarbrough.blog

CONFRONTING EVIL (Assessing the Worst of the Worst)

Author: Bill O’Reilly, Josh Hammer

Narrated By: Robert Petkoff

Bill O’Reilly, American conservative commentator, journalist, author, and television host. Josh Hammer, American conservative commentator, attorney, co-author, and columnist.

History taken out of the context of its time often distorts the reality of the past.

“Confronting Evil” is an interesting if not nuanced history of the most notorious leaders in the world. They were responsible for the torture, incarceration, and death of millions. As is true of most if not all histories of famous and infamous leaders, historians and pundits choose facts that reinforce their view of world’ history. Even the best historian is influenced by the time in which they write and their choice of facts.

Nathan Bedford Forest (1821-1877, General in the Confederate States of America during the Civil War.)

One is appalled by the truth of Nathan Bedford Forest’s view of slavery during America’s Civil War. Forest directed the slaughter of people based on the color of their skin. Forest condoned the murder of all who believed in equality of human beings. Forest is considered a hero to some but with the passage of time and a growing belief in human equality, Forest is recognized as a despicable human being by those who know the history of his life and profession. The evidence of science and human accomplishment show that the color of one’s skin is no measure of intelligence or capability. Forest’s mistreatment of slaves and the wealth he created from trading in slaves is reported in this history. By many measures, Forest is shown as an evil person by O’Reilly and Hammer.

The rule of Genghis Kahn is said to have caused the death of 40 million people, an estimated 11% of the global population at his time in history.

Presumed image of Genghis Kahn (1162-1227, Founder and first Khan of the Mongol Empire.)

By some measures, Mao doubled that 40 million number with his “Great Leap Forward”, the “Cultural Revolution”, his labor camp creations, and political purges. Hitler is estimated to have caused the death of 17 million with his genocidal policies while casualties from WWII are estimated at 85 million. Hitler’s antisemitism is born of the same stupidity exhibited by Nathan Bedford Forest in America’s Civil War. The contribution of Jewish society to the world is incalculable.

Mao Zedong (1893-1976) Father of the Peoples Republic of China)

Mao’s great leap forward is estimated to have caused the death of 35 to 45 million citizens. The rule of Stalin is estimated to have caused the death of 20 to 60 million U.S.S.R.’ citizens. Stalin’s takeover of Poland, and the Baltics after WWII and his cruelty is remembered by survivors of his rule.

There are many other evil characters in “Confronting Evil”. In the mind of westerners, the current leaders of Iran and Russia are evil. The leader of Iran, Ruhollah Khomeini is estimated to have ordered deaths of Iranians that exceed 250,000 since his takeover in 1979. Though he has passed, the succession of Ayatollah Ali Khamenei has carried on with tens of thousands who have died in Iran’s involvement with Hamas in Palestine, Syria, Iraq, Yemen, and Lebanon. The predecessor of the religious leaders of Iran was Mohammad Reza Shah Pahlavi who reigned from 1941-1970. Pahlavi is estimated to have murdered 3,000 to 20,000 during his reign. These leaders ruled over an impoverished state but incomes per capita fell from $34,660 during the Shah’s reign to $3,150 under Khomeini’s rule. An irony is that income inequality hugely increased in Iran during Khomeini’s rule. Nuanced reality is that poverty and victimization of Iranians is more widely spread under Khomeini than under the former Shah. On an economic scale it appears Khomeini’s evil as a leader exceeds the Shah’s rule. Added to the economic difference is the religious zealotry of Khomeini which widened the gap of sexual inequality in Iran.

Ruhollah Khomeini (1st Supreme Leader of Iran, 1979-1989)

Ayatollah Ali Khamenei (Current leader of Iran.)

The authors address the illicit drug industry and the evil of Pablo Escobar in Columbia and “El Chapo” Guzmán in Mexico. Escobar was killed in 1993 when pursued by drug enforcement officers while Guzmán is serving a life sentence in the U.S. The drug industry continues to thrive despite the harm it is doing to America and the world. The leaders of the criminal drug industry care nothing for the consequence of their actions because of the wealth and power the illicit trade offers.

Pablo Escobar (now deceased) noted on the left with “El Chapo”(arrested and imprisoned in America) on the right.

The last two chapters of “Confronting Evil” offer a pithy definition of evil. Evil is defined as doing harm without remorse. One doubts any of the leaders noted by the authors have or had any remorse for the atrocities they have committed. Whether they rationalize their behavior for the good of their people, their religion, or their country—they are evil by O’Reilly and Hammer’s definition. One doubts any of the leaders noted in “Confronting Evil” are remorseful.

One asks oneself, what leaders in the world today have remorse for the incarcerations, torture, and killings for which they are responsible? What remorse is there in Putin’s, Ayatollah Ali Khamenei’s, Prime Minister Netanyahu’s, and even our American President’s thoughts?

GENDER INEQUALITY

“Betraying Big Brother” is not wrong about gender inequality but the author’s anger and personal choices cloud the author’s message. Gender inequality is real everywhere in the world. Education is a beginning, but practice is the end.

Books of Interest
 Website: chetyarbrough.blog

Betraying Big Brother (The Feminist Awakening in China)

AuthorLeta Hong Fincher

Narrated By: Emily Woo Zeller

Leta Hong Fincher (Author, American journalist, feminist and writer, first American to receive a Ph.D from Tsinghua University’s Department of Sociology in Bejing., graduated from Harvard with a BA and a master’s degree in East Asian Studies from Stanford.)

The education and experience of Leta Hong Fincher is somewhat betrayed by her anger in “Betraying Big Brother”. Misogyny is an international reality that defies the truth of human equality. This reviewer’s prejudice, like the author’s biases are suspect because of their respective life experiences. This book reviewer was raised by a single parent mother who worked to keep two sons with a roof over their head and food on the table. How women survive inequality is made of the same stuff as that which plagues minorities around the world. The difference is that women are not a minority.

She writes of being a 15-year-old girl who is physically and emotionally abused by two boys who are friends of an older male friend that takes her to a get together of young acquaintances. That event burns a memory into Fincher’s mind that sets her on a journey thru life. One reading/listening to “Betraying Big Brother” recognizes the truth of what the author writes is reinforced by her life experiences. Of course, that is true of all human beings, but anger diminishes the impact of what Fincher says and writes.

Leadership?

Whether living in a democracy or autocracy, sexual inequality is present. Gender discrimination is universal. America and China talk the talk but fail to walk the walk. Fincher writes of Mao’s saying that “women hold up half the sky” implying he believed in gender equality. Mao spoke of marriage reform and labor participation but patriarchal norms were adhered to with women workers not being paid the same as men nor offered similar positions of power.

Xi speaks of gender equality, but no women are on the 24-member Politburo.

Xi also speaks of gender equality, but no women are on the 24-member Politburo while pay and promotions lag behind men. Fincher writes of Big Brother censorship, surveillance, and detention of women in China. (One presumes that is also true of everyone in China.) Like Trump, Xi promotes women’s roles in domestic stability, and their childbearing responsibilities. America has yet to elect a woman as President. Equal pay for equal work is improving in America, but a gap still exists with lower starting salaries, performance evaluation biases, and fewer high-profile assignments or promotions.

“Betraying Big Brother” is not wrong about gender inequality but the author’s anger and personal choices cloud the author’s message. Gender inequality is real everywhere in the world. Education is a beginning, but practice is the end.

HOUSING

Didion reminds one of Yeats Poem to warn society of civilization’s collapse. Yeats wrote “The Second Coming” after WWI and the Spanish Flu. Seems similar to today’s political war and the Covid pandemic.

Books of Interest
 Website: chetyarbrough.blog

Slouching Toward Bethlehem 

AuthorJoan Didion

Narrated By: Diane Keaton

Joan Didion (Author, American writer and journalist, published in The Saturday Evening Post, National Review, Life, Esquire, and The New Yorker. She also wrote screenplays for “The Panic in Needle Park”, “A Star is Born”, and “Upclose and Personal” as well as receiving a National Book Critics Circle Award and a Pulitzer. 1934-2021.)

Diane Keaton (Actor, Academy Award winner, BAFTA recipient, two-time Golden Globe, and Tony Award winner. 1946-2025.)

Diane Keaton died yesterday.

Several years ago, I purchased “Slouching Toward Bethlehem” without reading it until Keaton had done an audiobook’ narration of it. “Slouching Toward Bethlehem” illustrates Didion’s skill as an essayist and writer while Keaton’s many acclaimed movies show how accomplished both women have been in their lives.

“Slouching Toward Bethlehem” is interesting because it offers an interpretation of why homelessness is so much more obvious in America than other countries.

Having lived in different areas of the United States, the appearance of homelessness in the big cities of America is disgraceful. Visiting the Baltics, Norway, Finland, China, and Japan in the last few years illustrates how badly America is handling homelessness. With the exception of Norway, per capita incomes in the United States are more than twice the incomes of the aforementioned countries. Norway’s per capita income is $87,925 while America’s is $82,769. China’s per capita income is $13,122 but walking through major Chinese cities, there are no people sleeping on the streets. The Baltics per capita incomes range from $22,000 to a little more than $30,000. There is poverty in all these countries, but their leaders and societies have found a way to keep their citizens housed. This is not to argue their poor are not faced with hardship but to show how poorly American society is treating its homeless.

There seems a generational divide in Didion’s “Slouching Toward Bethlehem”.

The beat generation of the 1960s for which Timothy Leary coined the phrase “Turn on, tune in, drop out” alluded to in Didion’s essays may offer a partial explanation. Many of us experimented with drugs in the 60s but there has to be more than that to explain what has happened to big cities in America. Part of the answer is the change in income for the middle-class. In the 1960s middle-class incomes were strong and broadly shared. In the 21st century, middle class incomes have stagnated. CEO’s income in the ’60s made 20 times middle class earners but in the 21st century the ratio rose to 300-1. The rich got richer and the middleclass got poorer. Power shifted from a voting middle class to a richer upper-class that accelerated income gaps that changed election results with an income class bias.

Housing costs accelerated to new highs in the 21st century. The 1960s price-to-income ratios were 2:1 while today they are 5:1 or higher. The effort during the Obama administration to weaken standards for home buyer qualification exacerbated the greed of mortgage companies which led to a near economic collapse of the finance industry. Instead of bailing out homebuyers that could not pay their mortgages, the Obama administration bailed out mortgage companies and their owners while endorsing eviction of buyers who could not afford their mortgage payments.

“Slouching Toward Bethlehem” writes of famous successful people like John Wayne, Howard Hughes, Joan Baez, and herself as symbols of the 1960s. She is effectively glorifying them and herself while showing how they mythologized success to a generation of young people who were turning on, tuning in, and dropping out. Image became more important than substance. Working to be great at acting, becoming wealthy by investing wisely, singing about peace, justice and non-violence to make money, and writing about societal dysfunction were money makers. Capitalizing on dysfunction of society did nothing to ameliorate it. John Wayne is only a symbol of justice in the movies and Howard Hughes inherited his wealth that allowed him to invest, sometimes unwisely and with poor personal management skills. He began investing in Las Vegas because management could be left to others. To be fair, Didion and Baez try to return something to society for their success but their efforts pale in comparison to America’s decline. Artists report facts of life but rarely offer solutions.

William Butler Yeats (1865-1939, Irish poet, dramatist, writer and literary critic.

W. B. Yeats Poem summarizes and exemplifies what Didion alludes to in her book.

Turning and turning in the widening gyre  
The falcon cannot hear the falconer;  
Things fall apart; the centre cannot hold;  
Mere anarchy is loosed upon the world,  
The blood-dimmed tide is loosed, and everywhere  
The ceremony of innocence is drowned;  
The best lack all conviction, while the worst  
Are full of passionate intensity.  

Surely some revelation is at hand;  
Surely the Second Coming is at hand.  
The Second Coming! Hardly are those words out  
When a vast image out of Spiritus Mundi  
Troubles my sight: somewhere in sands of the desert  
A shape with lion body and the head of a man,  
A gaze blank and pitiless as the sun,  
Is moving its slow thighs, while all about it  
Reel shadows of the indignant desert birds.  

The darkness drops again; but now I know  
That twenty centuries of stony sleep  
Were vexed to nightmare by a rocking cradle,  
And what rough beast, its hour come round at last,  
Slouches towards Bethlehem to be born?

Didion reminds one of Yeats Poem to warn society of civilization’s collapse. Yeats wrote “The Second Coming” after WWI and the Spanish Flu. Seems similar to today’s political war and the Covid pandemic.

THE WEST

Though Mahbubani’s book is quite provocative, it is short and interesting. “How the West Lost It” is certainly worth reading/listening to, but few Presidents of the United States have reversed the admittedly slow improvement of “equality of opportunity” in America.

Books of Interest
 Website: chetyarbrough.blog

How the West Lost It (A Provocation)

AuthorKishore Mahbubani

Narrated By: Jonathan Keeble

Kishore Mahbubani (Author, Singaporean diplomat and geopolitical consultant, former Fellow at Harvard University’s Center for International Relations, formally served as the United Nations Security Council President.)

Mr. Mahbubani’s short book suggests the highly provocative belief that the West’s dominance of the world is giving way to Asia, particularly China and India. To mitigate the West’s decline, Mahbubani argues–the West needs to develop a more “coherent and competitive global strategy”. Paul Kennedy of Yale University praises Mahbubani’s assessment. The public commentator Fareed Zakaria endorses Mahbubani’s belief, and Hilton Root of “The Independent Review” acknowledges Mahbubani’s inference that “the West’s overperformance was a historical aberration and the East’s rise reflects a rebalancing of history”. Despite Root’s measured support of Mahbubani’s book, his analysis is nuanced. Root argues the decline of the West is oversimplified and that Mahbubani underestimates the resilience of Western economies.

Mahbubani argues Great Britain’s Brexit and Trump’s re-election are reactions to the West’s economic decline.

Edwad Luce argues Western liberalism needs to be reinvented by investment in a technological revolution for all Americans, not just those who have benefited from the industrial revolution. However, China seems to have read the future better than the West by building up their reserves of rare metals needed for advanced computer chips. In contrast, President Trump chooses to antagonize allies as well as competitors with a foolish trade war.

Root believes the innovative capacity and adaptability of the West will make adjustments to remain competitive, if not the dominant economic power of the world. Trump’s trade war suggests otherwise. Trump’s attitude is to ignore the years of built-up trust with Western allies and attack the world with destructive economic tariffs meant to right wrongs that are figments of real-politic’ imagination. However, some believe Mahbubani discounts political freedom and the drive of both the West and East to improve citizens’ living standards. That seems somewhat plausible, but Trump is attacking Americas most highly regarded universities with specious concerns with what he considers overactive recruitment of immigrants and minorities. The truth is American education for immigrants aids the strength and influence of Democracy in the world.

Yale University (American education for immigrants aids the strength and influence of Democracy in the world.)

The long cultural, educational, and technological influence of the West may be diminished by some of today’s political leaders but the trend over the last 200 years is unlikely to be reversed by Trump’s misguided authoritarianism. Trump’s significant risks are partially mitigated by publicly ingrained western democratic values. Though democracy is messy, it has demonstrated long-term stability and innovation that equals or exceeds the worst of what Trump’s authoritarianism is doing to the American economy and its institutions. Three more years of Trump’s presidency will not erase America’s legacy or destroy its future.

Though Mahbubani’s book is quite provocative, it is short, impactful, and interesting. “How the West Lost It” is certainly worth reading/listening to, but few Presidents of the United States have reversed the admittedly slow improvement of “equality of opportunity” in America. Mahbubani argues for a more diplomatic American policy with rising nations in the East because he believes China will ultimately replace America as the leading economy in the world.

The interpretation of the Constitution has changed over the last 200 years, but it stands for continuity for America’s present and future.

The direction of American society remains true to the fundamental beliefs of liberty, equality, sovereignty, rule of law, separation of powers, federalism, checks and balances, and individual rights. Trump is challenging some of those rights, but balance of power and term limits will ultimately rescue America from his misbegotten domestic and international blunders. These rights have been challenged at different times in America’s history but never permanently reversed.

PREJUDICE

Unless or until our prejudices are eradicated, man’s inhumanity to man will continue. The truth is that “The World After Gaza” will be the same as “the world before Gaza” but with a different order of prejudice.

Books of Interest
 Website: chetyarbrough.blog

The World After Gaza (A History)

AuthorPakaj Mishra

Narrated By: Mikhail Sen

Pakaj Mishra (Author, Indian essayist. He wrote “Age of Anger” reviewed in this blog.)

As pointed out in a previous review of Mishra’s book “Age of Anger”, “…unless or until human beings see themselves as part of the same society, the world will end in the Armageddon of biblical imagination.”

Leadership prejudice.

Mishra is born in a prosperous Brahmin family that becomes poor after India’s land distribution in 1947 which was meant to reform feudal landholding practices in India. Undoubtedly, the harshness of that reform has some influence on Mishra’s expressed views in “The World After Gaza”. Mishra’s father has a Brahmin Hindu background which suggests his son is raised in an upper caste in Hindu society that falls into hard times.

“The World After Gaza” is categorized by Mishra as a history.

Mishra recalls the horrendous past of Germany’s holocaust where 6,000,000 Jews were murdered by Hitler’s followers. He infers that horrendous event is reminiscent of what Israel is doing to Palestinians in Gaza. His point is not to vilify Israel but to suggest societies are inherently prejudiced and inclined to discriminate against those who are not a part of their belief system. In essence, Mishra offers a view of history that corroborates Mark Twain’s belief that “History never repeats itself, but it does rhyme”.

Whether one agrees with Mishra’s view of Israel’s actions in Gaza or not, prejudice is an undeniable truth of human societies.

There are many Jews who are undoubtedly appalled by what is happening in Gaza but there are Israeli’ leaders who believe what they are doing is in the best interest of their country. One may associate Israel’s, America’s, or any country’s leadership as either right or wrong from a personal perspective, but the nature of humanity is what it is. Prejudice is an equal opportunity exploiter of human’ equality. Unless or until our prejudices are eradicated, man’s inhumanity to man will continue. The truth is that “The World After Gaza” will be the same as “the world before Gaza” but with a different order of prejudice.