A government agency's market share is the extent of its remit. - JS
h
YOU ARE THE REASON
No title available
$LAYYYTER

⁂
Sweet Seals For You, Always
Keni
PUT YOUR BEARD IN MY MOUTH
"I'm Dorothy Gale from Kansas"

blake kathryn
Lint Roller? I Barely Know Her

if i look back, i am lost
art blog(derogatory)
Misplaced Lens Cap

Origami Around

JBB: An Artblog!

No title available
Xuebing Du
Sade Olutola
Peter Solarz
seen from United States

seen from Malaysia

seen from United States

seen from Brunei
seen from United States

seen from Malaysia

seen from Singapore
seen from United States

seen from United States
seen from United States
seen from United States
seen from Spain
seen from Indonesia

seen from United States

seen from United States

seen from Germany
seen from United States
seen from Switzerland
seen from Malaysia

seen from United States
@jakobsteffen
A government agency's market share is the extent of its remit. - JS
Bubbles on financial #markets, past and present.
But this time surely is different, isn't it...?
Power is the key to Western culture
It has been stated often aready; but it cannot be repeated often enough. I'll try to give it a particularly succinct edge:
The Western outlook on life, for all its cult of individualism, is about power: Who holds it over whom or what, and by what means?
Ever since the advent of Christianity, mankind, as the assumed pinnacle of the Creation, claims power over other creatures and nature in its entirety. Each and every individual, thus, claims power, if not over other people, then over their animals, plants or tract of land in general.
Exploitation as a basic concept of life, thus, is immanent to Western society; cooperation, by contrast, is deemed inferior and if anything, a means to an end; that is, the better to exploit nature.
Capitalism has simply developed an economic system around this concept, while thoroughly expanding its reach by introducing material wealth as a source of power independent of the political variant. Formerly, people held power over others by dint of their divine right of birth; their projection of religious authority; or by sheer force.
Yet in capitalism, money is what constitutes power. Simultaneously, people aspire to climb a career ladder so as to reach corporate power over others. Of course, many people are quite content to stay where there are in the great wheel of society, quite happy to receive orders rather than to give them; still, they are affected by power, if on the receiving end.
Hence, when liberalism protests the freedom of the individual, it is always but the freedom from the power of others (Isaiah Berlin's concept of negative freedom), while claiming power for the individual at the same time: Over their own land, house or corporation, brokered by material wealth.
So you cannot escape the tyranny of power in 'liberal' Western societies: You either have it, or you are subject to it. Perhaps its purest form, dating back to the ancient Greeks, is when you are lent it temporarily by others via a societal contract, i.e. by an election, complete with the option to take it away from you if you abuse it.
In this context, power is at least wielded under agreed terms, within specific limits, and for agreed purposes. Yet it may still be corrupted by capitalism's ultimate power: material wealth. So accept power for what it is - an inescapable fact of the Western way of living.
...and another collection of photos of my #birthplace and its vicinity - heartfelt #home.
A motley compilation of photos of my beloved Edinburgh, collected over the past 20 odd-years.
"Process is a worthy means to an end. The trouble is its tendency to become an end. [The result] is a continuous loop of deliberation not decision." - Tony Blair, On Leadership
Trade War Scenarios 2025 – a quick guide from a macro perspective In terms of economic policy and their impact on #markets, 2025 is going
My own angel investing and investment research boutique has published a handy guide to what to expect in terms of financial markets from different trade war scenarios this year
Das einzige Magazin für Wirtschaftspolitik aus einer keynesianischen Perspektive in Deutschland.
In diesem Beitrag setze ich mich kontrovers mit Schuldenbremse auseinander, inwiefern sie stets ein Irrtum war, und warum Staatsschulden vor allem hierzulande meist nur einseitig und damit verzerrt wahrgenommen werden.
In Europa wird über die Einführung eines digitalen Euros diskutiert, digitales Zentralbankgeld. Auch Facebook hat überlegt eigenes Geld hera
Mein gemeinsamer Podcast mit Thomas Lämmer-Gamp geht in sein fünftes Jahr - hier Teil 3/3 der ausgewählten Folgen der letzten Jahre.
Erleben wir gerade wirklich eine Deglobalisierung oder ist es nur ein „Empfinden des Westens“, in dem sich Unsicherheit angesichts globaler
Mein gemeinsamer Podcast mit Thomas Lämmer-Gamp geht in sein fünftes Jahr - hier Teil 2/3 der ausgewählten Folgen der letzten Jahre.
Unter dem Eindruck der Schlachten des 1. Weltkrieges haben die Siegermächte Wirtschaftssanktionen als ultimative Waffe des Völkerbundes vorg
Mein gemeinsamer Podcast mit Thomas Lämmer-Gamp geht in sein fünftes Jahr - hier Teil 1/3 der ausgewählten Folgen der letzten Jahre.
Bergisches #Stilleben #Schiefer #Radevormwald #angles #colourfilter #dasbergische https://www.instagram.com/p/CfKd0entNtV/?igshid=NGJjMDIxMWI=
Listen to this episode from Weitreichend - der lange Arm der Geschichte on Spotify. Die Bundestagswahl 2021 hat das Zeug, eine neue Ära einzuleiten - ganz so, wie die Wahlen von 1969 und 1998 sowie das konstruktive Misstrauensvotum von 1982. Wir diskutieren die großen Zäsuren der bundesdeutschen Nachkriegsgeschichte und zeigen dabei den roten Faden auf, den #BTW21 aufnehmen könnte.Mehr zum Podcast und Literaturempfehlungen sowie Quellen zur Episode auf www.weitreichend-podcast.de.
Epsiode 8 des Podcasts von Thomas Lämmer-Gamp und mir beschäftigt sich passend zur Bundestagswahl mit historischen Wahlen in der Bundesrepublik: Von der sozialliberalen Wende 1969 bis zur ersten rot-grünen Bundesregierung 1998 machen wir eine Zeitreise durch bundesdeutsche Nachkriegsgeschichte und zeichnen die Linien nach, die in diesem Winter vielleicht eine Fortsetzung erfahren könnten.
Thread by @JayJaySteffen: Wrote Herbert Marcuse in 1965 (Repressive Tolerance): "The toleration of free discussion and the equal right of opposites was to define and clarify the different forms of dissent: their di...…
A thread on Herbert Marcuse’s outrageous advocating the repression of all those views and arguments deemed non-conducive to the progress of society, thus constituting one of the pillars of the self-righeous cancel culture.
Writing to an intellectual is what building a wall is to a mason - it might vary in quality, but it is still something to show for your day's work.
JS
Listen to this episode from Weitreichend - der lange Arm der Geschichte on Spotify. - Wir danken C-SPAN für die Zustimmung, Tonausschnitte aus seiner Übertragung der Rede von Zbigniew Brzezinski „Afghanistan: Basic questions and strategic choices“ anlässlich einer Veranstaltung der RAND Corporation am 9. Oktober 2009 nutzen zu dürfen. -20 Jahre Krieg des Westens in Afghanistan gehen im Spätsommer 2021 zu Ende. Die Taliban erobern immer größere Teile des Landes zurück. Also alles wieder auf Anfang? Was wollte man eigentlich erreichen? Letztlich ist der Westen dort am Nation Building gescheitert – warum das eigentlich nicht überrascht, diskutieren wir in dieser Folge.Mehr zum Podcast und Literaturempfehlungen zur Episode auf www.weitreichend-podcast.de.
Eine neue Folge meines Podcasts mit Thomas Lämmer-Gamp ist verfügbar! Angesichts des folgenreichen Abzugs der NATO aus Afghanistan befassen wir uns dieses Mal sowohl mit dem dortigen Einsatz selbst als auch dem (gescheiterten?) Konzept des Nation-Building im Allgemeinen.
It is ridiculous to think that theoretical debate hasn't got a place in modern economics.
For in the end, all boils down to money:
If some economic theory does not accept the perfect logic (!) of people necessarily holding yieldless liquidity in a fiat money regime at all times, it cannot arrive at accurate conclusions even on a purely theoretical basis.
To entertain the thought of neutral money - no matter in which time frame - under these circumstances amounts to defining away what ought to be explained.