Is Free Market Capitalism the Cause of Global Warming?

By James Wallace Harris, Thursday, February 12, 2015

I’m reading This Changes Everything: Capitalism vs Climate by Naomi Klein, and she has a great explanation why conservatives are so vehemently against solving climate change. Klein says free market capitalism is the cause of global warming. We know it’s people, and I’ve always assumed climate change due to too many people being too wasteful and too inefficient. But Klein makes a case that it’s specifically free market capitalism that’s the mechanism causing the growing CO2 in our atmosphere. She thinks conservatives are savvy enough to know that, and also know to correct the problem would require big government and massive controls on capitalism. Her hypothesis feels right to me.

This-Changes-Everything-Capitalism-vs.-The-Climate

If you think about it, free market capitalism is based on the idea that natural forces of the marketplace will produce the best economic climate, and that’s probably true if all you care about is increasing wealth. But if rank other factors such as the environment, wellbeing of all citizens, or wealth equality, then those blind forces behind the free market fail. This really is a dangerous idea. Klein asserts that ultimately free market capitalism is no more effective than state run communism as a mechanism for creating a successful society.

I believe Klein is right. The trouble is giving up free market capitalism will put most people on Earth out of a job. What we need is enlightened capitalism, where we substitute conscious forces to regulate the marketplace for the unconscious free market forces. Of course that means Big Government, and lots of taxation – the exact solutions conservatives are rabid to eliminate.

Klein points out we’ve been dragging our feet for decades about solving climate change. Like people who wait until they’re 55 to start retirement savings, we’re at a point where we need to make massive changes. If we started back in the 1980s we could have gotten by with 10% of our GDP. Now it’s going to be painful. The hidden forces of the market place is really a nice name for greed. We live in a plutocracy, where the wealthy rule. I tend to doubt our rich rulers will allow us to make the changes needed to solve climate change. In other words, unless there’s a massive social outcry to change the way we live, we’re going to have to live with the effects of climate change. Klein shows in her book there are plenty of solutions available to us, but will we wise up in the next ten years and apply them?

That’s the other thing she makes obvious – time is running out. We’re about to reach a point of no return, where we can’t break the momentum of the freight train of climate change. Some scientists have made cases we have already passed the point of no return. It’s not like the world will come to an end if the average temperature increases 5-10 degrees Fahrenheit. But the ironic thing is, and here’s my personal prediction, is it will destroy free market capitalism, because the effects of climate change will put us into decades, if not centuries of crisis mode economics.

Predicting the future is impossible. But if you’re running towards a cliff and you’re not slowing down, then it’s not hard to extrapolate what’s going to happen next. If you are at all concerned with the future, and especially about your children and grandchildren, then I recommend reading This Changes Everything. I also recommend Capital in the Twenty-First Century and The Sixth Extinction, those three form an amazing synergy. We can solve our problems if we work at them. You can’t win the Lottery if you don’t buy a ticket.

Capital_in_the_Twenty-First_Century_(front_cover)Sixth-extinction-nonfiction-book-kobert

JWH

Are You Prepared for a Natural Disaster?

By James Wallace Harris, Wednesday, February 11, 2015

If you’re a news junky like me, you probably wonder why the news for the last several years features so many stories on weather and natural disasters. When I was growing up Walter Cronkite hardly ever did a piece on the weather. Now we can’t go a day without hearing about some big natural event somewhere on Earth on the nightly news.

This piece of information jumped out at me while reading This Changes Everything by Naomi Klein:

Over the course of the 1970s , there were 660 reported disasters around the world, including droughts, floods, extreme temperature events, wildfires, and storms. In the 2000s, there were 3,322— a fivefold boost. That is a staggering increase in just over thirty years, and clearly global warming cannot be said to have “caused” all of it. But the climate signal is also clear. “There’s no question that climate change has increased the frequency of certain types of extreme weather events,” climate scientist Michael Mann told me in an interview, “including drought, intense hurricanes, and super typhoons, the frequency and intensity and duration of heat waves, and potentially other types of extreme weather though the details are still being debated within the scientific community.” 36

Klein, Naomi (2014-09-16). This Changes Everything: Capitalism vs. The Climate (p. 107). Simon & Schuster. Kindle Edition.

Since I wondered about those statistics I did a Google search and found EM-DAT The International Disaster Database. The site is full of statistics and wonderful charts like this one:

eveyr2_view

Whenever I watch the news and see stories about hurricanes, floods, earthquakes, tornados, fires, blizzards, etc., it always disturbs me to see people made homeless, or forced to live without power and water. We once lived without power for thirteen days. Since then I’ve had the power go out a couple times for 2-3 days. When I see these news reports I often wonder what I would do if my house was destroyed, or if I had to live without utilities for a very long time. I’ve known a number of Katrina refuges. They just moved away from New Orleans forever.

Who do I know around the country that would put me up? Luckily, my wife works out of town, so I have a second home to go to. But if I had to stay in Memphis, I know a number of friends who’d put me up. But that would only be temporary. And what if I was homeless without any of my paperwork, maybe without even my wallet, how do I reestablish myself? I know the Red Cross helps people in times like that. This makes me think I should cache some important papers in a bank vault or at a friend’s house.

Ever since Hurricane Elvis devastated Memphis in 2003, with straight line winds, I’ve always kept a bunch of flashlights and battery lanterns around. I should keep more bottled water and ready-to-eat non-refrigerated food. And what about medicines? It makes me wonder if I should have an emergency backpack? And what should go in it? It’s something to think about.

Living without electricity and heat is one thing, living without plumbing is a whole other issue. When the water is shut off and you can’t flush the toilet, you quickly realize the value of civilization. I once wondered when the water was shut off while the utility company was working on the main, if I shouldn’t store several plastic jugs of water for flushing the toilet. However, I don’t know how practical that would be.

What if my truck was destroyed, or the roads were blocked? Could I just walk away? Bicycle? Where would I go? Generally, disasters are local. Cell phones are a miracle. I could call a friend that lives somewhere nearby that’s outside of the damage zone. Who? Luckily, I don’t have children or pets. That must be an extra nightmare to deal with.

I should read blogs and memoirs by people who have lived through catastrophes to pick up tips. This is an interesting topic to think about. More than likely, I won’t do much to prepare, assuming like most people, that I’ll always be safe. But it probably wouldn’t hurt to make some preparations.

And has climate change worsens, I suppose we could have many times more natural disasters each decade. What if there were 10,000 in a decade? Will everyone become super-prepared? Can we build tornado proof houses? When I was growing up in the 1950s and 1960s some people built bomb shelters because they were afraid of nuclear war. Will people start building natural disaster proof houses? Or weather bunkers?

JWH

The Best Nonfiction of 2014–Collected Lists

By James Wallace Harris, Tuesday, February 10, 2015

I’m in two nonfiction book clubs. One is online, and one is face-to-face. Between the two, I’m introduced to twenty-four books I would not normally read, and my reading life has become much more exciting over the last few years. Both book clubs have a nomination process where recommended titles must jockey for votes. Both clubs have about a dozen or so members, and it’s rather hard to find books that will appeal to so many people, and even more, get that many people to actually read. Every once in a while, we’ll pick a book everyone absolutely loves, like The Warmth of Other Suns by Isabel Wilkerson. On average, if we’re lucky, we’ll pick books that at least half the people like.

It’s easy to find books to nominate, but hard to find willing agreement. I generally try to nominate books that have least a 100 reviews at Amazon. The Warmth of Other Suns has 1,297 reviews, with an average rating of 4.7. It turned out to be the highest rated book at my online book club.

One technique I use to scout for possible nominations is to read all the best-of-the-year booklists. If I see a book that’s on many of the lists, I figure it’s a book that’s both good and appealing to wide range of readers. Here are the lists for 2014:

I wished these sites would make a nice printable version of their yearly recommendations so it would be easy to take to the book club and pass around. Even better, I wish some enterprising web site would collate all the lists and make a meta-list of the most recommended books. I could do that, but it’s just too much work. What I end up doing is eyeballing the lists and going from memory which books I see over and over again. These nineteen books were the ones I saw the most, and were on at least 5-10 lists.

Age of AmbitionsBook Review-Bad FeministBeing Mortal

Capital_in_the_Twenty-First_Century_(front_cover)Deep Down Dark - Hector TobarFactory Man - Beth Macy

How_We_Got_to_Nowin the kingdom of iceinnovators

Little FailureMan Alive McBeeOn Immunity.JPG

Sixth-extinction-nonfiction-book-kobertSoldier GirlsThe Empathy Exams

The Short and Tragic Life of Robert Peace - Jeff HobbsThe True AmericanThirteen Days in September

This-Changes-Everything-Capitalism-vs.-The-Climate

JWH

Do You Feel Guilty That Spotify Pays Artists So Little?

By James Wallace Harris, Tuesday, February 10, 2015

Since a generation of young people had no ethical qualms over stealing music, asking if artists are paid too little under the new streaming model might be a moot point. We live in a society where we want everything free or very cheap, but we’ll also pay $7 for a cup a coffee, or $200 to see a Broadway roadshow. For many people, music is a peak experience, more important than coffee or plays, often providing the emotional soundtrack to their memories. Shouldn’t we worry that people who create the songs we love get paid properly?

spotify

What we’re seeing here in America is a economic paradigm shift that’s effecting all aspects of society. The middle class is being deflated while its wealth is being shifted to the ultra rich. More and more people work for minimum wage. Even once well-to-do professions are under attack. And people who were once rich rock stars are now making far less. The super-stars are always well-rewarded, but making it big isn’t as easy as it used to be. Streaming music is great for tens of thousands of would-be stars to get a start, but it’s now much harder to make a living from even a moderately successful album. The middle-class artist is disappearing too.

So, I’m asking, are you fine with that or not? I love Spotify, but it bothers me that artists who once made much more money from the CD sales model are now making much less renting their music. Listening to music over the internet is far more convenient than playing CDs or LPs. Having access to nearly all music with the tap of a few keys is fantastic. Paying $10 a month is an incredible bargain. And knowing it’s legal is righteous. But, is it fair compensation for the artists?

PBS News Hour has been running a series on this issue. Their coverage is probably all you need, but this discussion is all over the web, especially since Taylor Swift pulled her catalog from Spotify. Here are some recent articles:

If you read enough of these articles you’ll realize this is a vastly complicated issue. Part of the problem is most of the streaming royalties goes to the record companies, and song writers, singers, and musicians get the tail end of the payment stream. But that was also true back in the LP/CD days. How the record companies divvies up its money with its artists is between those parties, but as fans we pay for the music, and set a standard. At least streaming is a major step up from stealing. Personally, I’d like to see more profits go to the artists themselves, and I’d like to see royalties paid to musicians. I think it stinks that all classic songs I love, the musicians were only paid a one-time fee.

The solution I would suggest is streaming services should charge a subscription fee for their service only, and then we pay 1 cent per stream to be divvied up by the record company, composer, singers and musicians. So Spotify might charge $2.99 a month for me to use their service, and that would go to them. And I would be billed 1 cent per stream, so my monthly bill would vary. If I listened to no music that month, it would be $2.99. If I listened to a 1,000 streams, it would be $12.99. Most people pay $9.99 now, so that would be equal to 700 streams.  That’s about 25 streams a day, or about 1.5-2.0 hours of music a day. Which is probably more than what most people listen to. If you want constant background music you should use radio or Pandora type services.

Such a payment system would also allow me to subscribe to more than one music service, because they do offer different content and different features.

CD and digital song purchase sales are down. At one cent a stream, it would take 129 listens by a fan to equal the purchase of a song. I think this is a decent equivalent. But if you watch the PBS Newshour shows you’ll see how artists lament the passing of albums. Fans really prefer hits. Spotify could encourage albums listens by charging 5 cents to stream an entire album.

Streams should not count unless we listen to more than sixty seconds of a song. Any song we give the hook in less than a minute should be considered a free trial.

If artists wanted to sooth listeners who hate the thought of constantly renting, they could let streaming services count the plays and after 129 mark the song as owned, and free from then on out. This would also encourage subscribers to stick with the service.

I bought thousands of albums in the last fifty years, and many of them were duds. I’d only listen to them once or twice. Most often I’d buy an album and listen to one or two songs many times. Album sales were not always fair to listeners, even though artists made the most money from them. The streaming model of pay per play is actually more fair to listeners and artists. It’s fair to artists because they’re paid each time a fan plays a song. It was always depressing to spend $15 for an album that turned out to be a turkey.

I hear the complaints by my favorite songwriters that Spotify cheats them. I feel bad. But I also think one cent a stream is a fair price. It’s more than what they get now, and if their songs are actually popular, they’d earn about the same, or even more in the long run over CD or digital sales. Songs that people really love will get played 129 times, and if an album has enough good songs, it will eventually earn about the same amount of money.

I’ve bought many albums by Bob Dylan three times, first as LP, then CD, then as SACD. I still play his songs so much, I’m sure at one cent a play, I will eventually pay more than what I did buying those albums three times.

JWH

Asking Who, What, When, Where, Why and How About Ourselves

By James Wallace Harris, Thursday, February 5, 2015

Most people are too busy with life for self-examination. In youth we have family and school, in adolescence and our twenties we have the biological imperative to get laid and complete a bachelor’s degree, then comes jobs, marriage and kids. Often, it’s not until we retire that we have the time to think about who and what we are, when and where were going, and why and how. Now that I’ve been retired over a year, and have had the time to contemplate these questions, I’m starting to see things differently.

Quite often in life when we meet a new person, we’re asked what we do. I always said programmer. It was an easy answer. Now that I’m retired I can’t say that anymore. I now tell people I’m retired. That’s an easy answer too, but not a good one. When we’re young we’re asked what we want to be when we grow up. When we’re in college we’re asked about our major. But once we get a job, our work defines who we are for decades. Our job description answers who, what, when, where, why and how. But it’s not a good answer.

earth-in-space

Some people like to define who they are by their philosophy. They will say they are Christian, Muslim, Atheist, Republican, Liberal, Vegan, and so on. And like our job label, this is an easy pigeonhole to categorize oneself for others. Yet, when you have all your time free, with no external agency defining who you are, it gets a lot more difficult to answer who, what, when, where, why and how about our personal identity

If you study reality enough you’ll learn that no God defines our purpose , and the multiverse is indifferent to what we choose to be. We literally have the free will to do what we want – if we can throw off our biological impulses. Most of us follow those inner urges to find companionship, sex, social relationships, food, conflict, pleasure, and other bodily cravings. If you can step back from those bio-programs you’ll see your bigger potential. The trouble most people face is the angst of deciding. It’s much easier to hide out from fulfilling our potential by watching television, reading books or eating Ben & Jerry’s New York Super Fudge Chunk.

At a very basic level, what we do every day answers who, what, when, where, why and how. At the moment I can say I am a blogger, that is writing this essay at 7:41am CST, 2/5/15  in Memphis, Tennessee, USA, North America, Earth, Solar System, Milky Way, Local Group, Virgo Supercluster, Universe, Multiverse that’s about the philosophical anxiety I’m feeling over what to do with my free time, using Windows Live Writer for WordPress.

Generally we consume our time with family, friends and routines of life, so we don’t think about our existential opportunities. We’re like the animals – amoeba, penguins, rattlesnakes, naked mole rats, bonobos – and focus on business at hand. Our activities keep us from  noticing the huge reality we live in. It’s only when we stop the routines that we notice how far out things truly are. Sometimes visionary writers and artists will remind us, but not that often.

Being self-aware in this vast reality is a tremendous piece of luck. The odds are beyond winning a thousand $300 million sweepstake tickets in a row. It’s a tragedy that we ignore reality. On the other hand, paying attention is the hardest thing we can do.

JWH