Sunday, March 18, 2018

Reich on stock buybacks

And how they hurt the economy as a whole. They only increase stockholder share price while keeping worker wages flat or worse. It is an artificial method on increasing stock prices not based on real value. It drains money from business investments and wages. The sole purpose of stock buybacks is to create more wealth for the already wealthy while not giving one f__k for the repercussions on the economy. Btw, the latest tax scam bill has incentivized some of the biggest stock buybacks in years, telling us exactly what those tax cuts were for.

Kasparian interviews Sanders on American inequality

Kasparian wants to address this, since it is getting zero attention in corporate media. Also discussed near the end (9:35) is the Senate vote to deregulate the banks. Note that Sanders will be having a town hall on the issue next Monday night.

SNL: Original Jurassic Park auditions

From actors that didn't get the parts.

Weekend Update on all the firings

As real fake news it is far more accurate than Pox Views and Dump's fake real news.

SNL: Cooper interviews Sessions on McCabe's firing

Funny yet accurate skit about why this happened. Tillerson is also interviewed on his firing, plus some special guests.

Comey responds to Dump

We are sooooo looking forward to this.

Ex-CIA Chief's response to Dump firing McCabe

In a Tweet Brennan said:

"When the full extent of your venality, moral turpitude, and political corruption becomes known, you will take your rightful place as a disgraced demagogue in the dustbin of history. You may scapegoat Andy McCabe, but will not destroy America... America will triumph over you."

Saturday, March 17, 2018

Hartmann interviews DS Wilson: The new invisible hand

They discuss Wilson's article by that name here. It's a definitive refutation of laissez-faire capitalism but not an endorsement of centralized planning. Wilson explains the evolutionary theory (ET) of capitalism refutes the notion that self-interest promotes the common good. Instead members of a society have to have the welfare of the system in mind. This of course is an evolution of selection pressures that at first favored small groups, then to larger and larger groups. It's a matter of mutual constraint and integration between all of these evolutionary developments, that integration coming from higher-level cultural design (the new invisible hand) incorporating yet curtailing lower-level  individual selection. They relate this to better examples of successful cultural selection (in terms of the common good) within the Nordic countries.

What's wrong (and right) about evolutionary psychology?

Special issue of This View of Life, The Evolution Institute (2016). 15 contributors informing various perspectives and topics on the issue. From Wilson's introduction:

"What's worth keeping:

I have had a love-hate relationship with the school of thought associated with EP from its inception, which enables me to argue either side depending upon the audience (I became a booster at the symposium). You know that something’s wrong with the field of psychology when the average intro textbook says almost nothing about the major adaptive problems confronted by any species, such as mating, feeding, and kinship. B.F. Skinner and other behaviorists tried to explain too much in terms of operant conditioning. The central metaphor of the so-called cognitive revolution, which largely displaced behaviorism in academic psychology, is that the mind is like a general-purpose computer. That’s not quite right either. Behavioral ecologists interpret the behavior of animals as fitness maximizing, which is inappropriate when the animals are living in a novel environment. Instead, we should be studying the psychological mechanisms that evolved in ancestral environments and how they are manifested in current environments. There is plenty to love about these and other positions associated with the school of thought associated with EP. Let’s keep these babies, even if there is also some bathwater.

What’s worth throwing out:

Maher: The problem with Democrats

It's his usual yet accurate criticism: Dems need to grow a spine and fight for progressive issues instead of capitulating in some fake compromised center-right nothingness.