The Comforts of Madness: Novelist J G Ballard Explains Why Consumerism is a New Fascism

J G Ballard knows about selling. As a young man he briefly peddled children’s encyclopaedias, working the psychological relationship between the middle-class hawker and the punter bent on self-improvement. “Selling is like wooing a girl,” says Ballard. Ballard “believed in” The Waverley because he had read it as a boy. Whenever he was bored his mother had told him, ”’Go and read The Eight Volumes.’ That was her name for them,” he chuckles. “It was the nearest thing to television.”

Ballard’s new novel, Kingdom Come (Fourth Estate, £15.99), puts his usual Cassandra-like spin on the dangers of retail therapy. In Brooklands, a Thames Valley motorway town dominated by its domed shopping mall, the most taxing moral decision is which washing machine to buy. But even the sedated want sensation. At night, the shoppers who flock to the Metro-Centre reincarnate as mobs of sports fans, parading their St George T-shirts and attacking immigrants.

indy uk

“New American Century” Project Ends With A Whimper

Is the Project for the New American Century (PNAC), which did so much to promote the invasion of Iraq and an Israel-centred “global war on terror”, closing down?

In the absence of an official announcement and the failure since late last year of a live person to answer its telephone number, a Washington Post obituary would seem to be definitive. And, sure enough, the Post quoted one unidentified source presumably linked to PNAC that the group was “heading toward closing” with the feeling of “goal accomplished”.

In fact, the nine-year-old group, whose 27 founders included Vice President Dick Cheney and Pentagon chief Donald Rumsfeld, among at least half a dozen of the most powerful hawks in the George W. Bush administration’s first term, has been inactive since January 2005, when it issued the last of its “statements”, an appeal to significantly increase the size of the U.S. Army and Marine Corps to cope with the growing demands of the kind of “Pax Americana” it had done so much to promote.

As a platform for the three-part coalition that was most enthusiastic about war in Iraq—aggressive nationalists like Cheney, Christian Zionists of the religious Right, and Israel-centred neo-conservatives—PNAC actually began breaking down shortly after the Iraq invasion.

It was then that the group’s predominantly neo-conservative leadership—Weekly Standard editor William Kristol, PNAC director Gary Schmitt, and Carnegie Endowment for International Peace analyst Robert Kagan—began attacking Rumsfeld, in particular, for failing to deploy enough troops to pacify the country and launch a true nation-building exercise, as in post-World War II Germany and Japan.

common dreams

Canadian Recording Industry: P2P Isn’t Bad For Business

The Canadian Record Industry Association (the Canadian version of the RIAA) has released a study in which they conclude that P2P downloaders buy lots of music, and that P2P doesn’t particularly harm their industry.

Particularly noteworthy findings in the 144 page study report include:

* The survey asked for the sources of music on people’s computers. Among those who download music from P2P services, the top source of music was ripping copies of their own CDs (36.4%), followed by P2P downloads (32.6%), paid downloads (20.1%), shared music from friends (8.8%), downloads from artist sites (5.6%), and other sources (2.9%). In other words, even among those who download music from P2P services, the music acquired on those services account for only one-third of the music on their computers as store-bought CDs remain the single largest source of music for downloaders (page 53).
* For all the emphasis on the teenage downloaders, it is interesting that the 35 to 44 age group had the largest spread between CDs and P2P as the source of music. Among that demographic, 31 percent of their music comes from P2P services and 27 percent from ripping their own CDs (page 69).
* Consistent with many other studies, people who download music from P2P services frequently buy that same music. The study found that only 25% of respondents said they never bought music after listening to it as a P2P downloaded track. That obviously leaves nearly 75% as future purchasers, including 21% who have bought music ten times or more. Note that demographically, the lowest percentage of non-buyers actually belonged to the 13 to 17 year old demographic (page 70).

Michael Geist > BoingBoing

Also see this bashing of the MPAA for pulling chinanigans.

India Launches Public Works Initiative for Rural Poor

Indian Prime Minister Manmohan Singh officially launched what he called a “landmark” anti-poverty plan that promises 100 days of work a year to every rural family in the country.

“The main focus of the scheme is the poorest of the poor,” Singh said, calling the initiative “revolutionary”.

“This will be a landmark in our history, removing poverty from the face of our nation,” he said on television as he launched the programme in remote Bandlapally in the southern Indian state of Andhra Pradesh on Thursday.

Under the plan, one member of every rural household will get 100 days of work a year in such sectors as water conservation, irrigation and road construction.

CRI

UN Unveils Plan to Solve the World’s Problems in one $7trillion Stroke

The most potent threats to life on earth – global warming, health pandemics, poverty and armed conflict – could be ended by moves that would unlock $7 trillion – $7,000,000,000,000 (£3.9trn) – of previously untapped wealth, the United Nations claims today.

The price? An admission that the nation-state is an old-fashioned concept that has no role to play in a modern globalised world where financial markets have to be harnessed rather than simply condemned.

In a groundbreaking move, the UN Development Programme (UNDP) has drawn up a visionary proposal that has been endorsed by a range of figures including Gordon Brown, the Chancellor of the Exchequer, and Joseph Stiglitz, the Nobel Laureate.

It says an unprecedented outbreak of co-operation between countries, applied through six specific financial tools, would slice through the Gordian knot of problems that have bedevilled the world for most of the last century.

If its recommendations are accepted – and the authors acknowledge this could take years or even decades – it could finally force countries to face up to the fact that their public finance and growth figures conceal the vast damage their economies do to the environment.

Indipendent.uk

Iraq War Could Cost US Over $2 Trillion, Says Nobel Prize-winning Economist

The real cost to the US of the Iraq war is likely to be between $1 trillion and $2 trillion (£1.1 trillion), up to 10 times more than previously thought, according to a report written by a Nobel prize-winning economist and a Harvard budget expert.

The study, which expanded on traditional estimates by including such costs as lifetime disability and healthcare for troops injured in the conflict as well as the impact on the American economy, concluded that the US government is continuing to underestimate the cost of the war.

Mr Stiglitz told the Guardian that despite the staggering costs laid out in their paper the economists had erred on the side of caution. “Our estimates are very conservative, and it could be that the final costs will be much higher. And it should be noted they do not include the costs of the conflict to either Iraq or the UK.” In 2003, as US and British troops were massing on the Iraq border, Larry Lindsey, George Bush’s economic adviser, suggested the costs might reach $200bn. The White House said the figure was far too high, and the deputy defence secretary, Paul Wolfowitz, said Iraq could finance its own reconstruction.

GuardianUK

Brazil To Pay off IMF Debt by End of the Month

Brazil has said it plans to pay off its entire $15.5bn (£8.7bn) debt to the International Monetary Fund (IMF) by the end of the month.

The move will clear the country’s obligations to the Washington-based lender two years ahead of schedule.

The Brazilian government said the early repayment reflected the improving performance of the country’s economy.

It marks an economic turnaround for Brazil, which obtained IMF loans in 2002 to avoid defaulting on its debts.

Finance Minister Antonio Palocci said Brazil would fund the early repayment of its IMF debt from its reserves, which have swelled to $66.7bn from just $15bn two years ago.

“The repayment will save more than $900m in interest costs,” Mr Palocci said.

BBC

Amazon Mechanical Turk

Complete simple tasks that people do better than computers. And, get paid for it.
Choose from thousands of tasks, control when you work, and decide how much you earn.

In 1769, Hungarian nobleman Wolfgang von Kempelen astonished Europe by building a mechanical chess-playing automaton that defeated nearly every opponent it faced. A life-sized wooden mannequin, adorned with a fur-trimmed robe and a turban, Kempelen’s “Turk” was seated behind a cabinet and toured Europe confounding such brilliant challengers as Benjamin Franklin and Napoleon Bonaparte. To persuade skeptical audiences, Kempelen would slide open the cabinet’s doors to reveal the intricate set of gears, cogs and springs that powered his invention. He convinced them that he had built a machine that made decisions using artificial intelligence. What they did not know was the secret behind the Mechanical Turk: a chess master cleverly concealed inside.

Kiva Makes Microloans Personal

Microloans are a great idea. And now Kiva is taking it to the next level, leveraging the power of the network to connect entrepreneurs in developing nations with people in the first world who can make loans, all intermediated by Kiva (much in the same way eBay intermediates auction purchases, even down to Kiva’s use of PayPal for funds transfer).

Loans are typically for $300-$500, but individuals can contribute as little as $25 toward a loan. For example; the Awasi Goat Keepers are seeking a $500 loan, and two unrelated investors have contributed $350 so far. The loan is scheduled to be repaid to Kiva by Joseph the Goat Keeper in 6-12 months, and at that time the contribution will be returned to the investors with the option to withdraw those funds via PayPal, donate those funds to Kiva directly, or make another loan to another third world entrepreneur. You receive regular email updates about the progress of the business and the progress of the loan repayment throughout the term of the loan.

Turning babies into buyers

The Guardian has a fascinating and slightly depressing article about the multi-million-pound industry intent on turning teenagers and toddlers into passionate consumers.

A British child is familiar with up to 400 brand names by the time they reach the age of 10. Researchers report that kids are more likely to recognise Ronald McDonald and the Nike swoosh than Jesus. One study found that 69% of all three-year-olds could identify the McDonald’s golden arches – while half of all four-year-olds did not know their own name.

Researchers have found that children barely able to speak will still communicate a preference for certain brands, associating them with fun. One mother of an obese five-year old told Ofcom’s research team that her kids wouldn’t eat “normal shop spaghetti”, but tucked in once they saw Bob the Builder on the tin.

After having listed a series of possible strategies to counter the trend, the article quotes Greg Rowland, “kids will stop wanting Nike trainers only when they have another way to prove their own worth, another way to show they are valued. In other words, when society itself is changed. It raises a tricky question. Can we really protect children from consumerism run wild without changing the way the rest of us live? Is this a problem of the young – or a problem for all of us?”

Guardian UK

The Ethic of Open Business

Open Business describes a particular way of doing business online, which includes giving away or making available some degree of content or services for free. The business value of these models lies in producing revenues through associated services or in an adding value to the free product or service.

But if a crucial characteristic of Open Business is to give some, if not all, of your content away for free (as in free beer), then what kind of business is that? The first step to understanding how Open Business can be successful is to comprehend the type of entrepreneur who pursues such a strategy. The cynics might ask if he is independently wealthy and does not need to be as exploitative as other businessmen, whether he sees his business as a mere hobby, or if he is simply not interested in making money.

Psychopaths could be best financial traders-research

“Wanted: psychopaths to make a killing in the markets”.

Such an advert will not be appearing in the world’s newspapers any time soon, but it may have a ring of truth after research revealed the best wheeler-dealers could well be “functional psychopaths”.

A team of U.S. scientists has found the emotionally impaired are more willing to gamble for high stakes and that people with brain damage may make good financial decisions, the Times newspaper reported on Monday.

In a study of investors’ behaviour 41 people with normal IQs were asked to play a simple investment game. Fifteen of the group had suffered lesions on the areas of the brain that affect emotions.

The result was those with brain damage outperformed those without.

wallstreet.jpg

Yahoo via aberrant news

End of the Binge

The exhaustion of our energy supply may end affluence as we know it.

by James Howard Kunstler

Among the strange delusions and hallucinations gripping the body politic these days is the idea that the so-called global economy is a permanent fixture of the human condition. The seemingly unanimous embrace of this idea in the power circles of America is a marvelous illustration of the madness of crowds, for nothing could be farther from the truth.

The global economy is, in fact, nothing more than a transient set of trade and financial relations based on a particular set of transient, special sociopolitical conditions, namely a few decades of relative world peace between the great powers along with substantial, reliable supplies of predictably cheap fossil fuels. The result, as far as America is concerned, has been an extended fiesta based on suburban comfort, easy motoring, fried food in abundance, universal air conditioning, and bargain-priced imported merchandise acquired on promises to pay later?a way of life described by Vice President Cheney as ?non-negotiable.?

via The American Conservative

IRAQ: More Costly Than ‘War to End all Wars’

Despite the relatively small number of American armed forces in Iraq and Afghanistan (140,000), the war effort is rapidly shaping up to be the third-most expensive war in United States history.

This conflict has already cost each American at least $850 in military and reconstruction costs since October 2001.

If the war lasts another five years, it will cost nearly $1.4 trillion, calculates Linda Bilmes, who teaches budgeting at the Kennedy School of Government at Harvard University. That’s nearly $4,745 per capita. Her estimate is thorough. She includes not only the military cost but also such things as veterans’ benefits and additional interest on the federal debt.

But even in stripped-down terms, looking only at military costs and using current dollars, the war’s cost for the US already exceeds that of World War I.

CorpWatch

Personal Outsourcing

Journalist Ben Hammersley says companies aren?t the only ones who can offshore jobs – individuals can, too:

I needed a webpage built. Web designers are everywhere, and web hosting is cheap. It is just much cheaper in India. So, ?30 paid via PayPal.com to templatekingdom.com got me a website design, an hour of the designer?s time for changes, and a year?s hosting for good measure. In 24 hours, and for less than the price of a few rounds in a pub, I had a new, uniquely designed website up and running. For small businesses needing a home page, why spend hundreds of pounds on a domestic designer, when something just as good can be commissioned from designers in India or Bangladesh?

Have you got a pet project you just don’t have enough time for?

Guardian UK via Life Hacker