corporatism

It might be something like this fantastic new rap video produced by John Papola and Russ Roberts as part of their EconStories.tv project, “Fight of the Century: Keynes vs. Hayek Round Two“:

One of these days I’ll write an article on why fiction authors, especially science fiction authors (hellooo!), should study the “dismal science.”

[continue reading…]

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  1. From io9 comes this story of a supermodel brainwashed to work for the CIA:

    In the movie Salt, Angelina Jolie plays a double-agent who is mind-controlled by scary remnants of the USSR secret service. And in real life, the 1940s bombshell Candy Jones was apparently brainwashed with drugs and used as a CIA covert operative. At least, according to testimony that Jones gave while under hypnosis, after her husband realized that she was acting strangely and seemed to have a split personality. Several years ago, the Fortean Times described what Jones reported while hypnotized: More »

  2. To critics of Ayn Rand’s Atlas Shrugged who sneeringly intone that her plot and villains are unrealistic, John Stossel observes:

    Joe Biden Railroad

    It’s amazing how modern politics resembles scenes of Ayn Rand’s best-seller Atlas Shrugged.

    Like the one in which a high-ranking government official pumps millions of dollars into a failing railroad company. The grateful railroad CEO rewards the government official by renovating his hometown train station and naming it after the government official. The renovation costs $5,700,000 more than expected.

    Then comes the ribbon cutting ceremony. The CEO gets on one of his trains to go to the ceremony, but it breaks down. No surprise there: One out of every four trains his company runs is late [pdf]. The CEO, chuckling at the irony, abandons the train and takes a car to the ceremony.

    Unfortunately, that wasn’t a scene in Atlas ShruggedIt happened this weekend.

    The government official is Joe Biden.

    By the way,  the first of three Atlas Shrugged movies opens next month, appropriately on April 15th.
    

Do you know of any other examples?

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BOOK REVIEW | Makers by Cory Doctorow Thumbnail

I didn’t like Makers. I wanted to like it. Cory Doctorow, the author, is a cool geek and something of an ally in the struggle against intellectual property, i.e., government grants of monopoly privilege. But overall I just did not enjoy the book for a number of reasons.

To be sure, there are things to like about Makers. If you’re an avid reader of Boing Boing, you might like it. I only dip my toes in occasionally. Reading Makers is a lot like reading Boing Boing in novel form. Cory excels at imagining interesting gadgets and cool new uses for current and upcoming technology — the kind of geeky tech and pop culture things he and his fellow bloggers share on Boing Boing all the time, only some unspecified number of years into the near near future. The book will probably date quickly, but this aspect of it was fun…for a while. When it comes to things, Cory has an expansive imagination and a deep understanding. When it comes to people and plotting, on the other hand, his imagination and understanding seem to me to be more limited.

Makers started out as a novella titled Themepunks, serialized on Salon.com, though it appears Cory envisioned it from the beginning as merely the first part of a novel. I wish he hadn’t. Makers consists of three parts and an epilogue, with Themepunks being part one, the first 100 or so pages. Like Luke Burrage, I enjoyed part one, for the most part, but thought the novel went downhill from there.

As the novel opens we are introduced to the first main viewpoint character, a tech reporter by the name of Suzanne Church (Andrea Fleeks in Themepunks1). Suzanne attends a press conference held by the new CEO of Kodak/Duracell (or Kodacell), Landon Kettlewell. Kodak and Duracell are struggling companies in the near future. There’s no longer a need or market for their products. I guess they failed to innovate and remain competitive in a changing technological landscape. Kodak I can see. But Duracell? People won’t need batteries in the future? Duracell will fail to develop new power cells for new products? Really? In any case, Kettlewell and his financial backers decide to buy and merge Kodak and Duracell and then essentially gut them. The idea is apparently to trade on the old companies’ good brand names and use their capital to back a creative new business model.

Under Kettlewell, Kodacell becomes a kind of Grameen Bank of venture capital, engaging in micro-financing of garage-next-door would-be inventors and entrepreneurs. The business plan is for Kodacell to find untapped creative geniuses throughout the country, provide them with funding and a business manager, and act as the central coordinator in a distributed network of small, independent teams. A pretty nifty idea. This relatively non-hierarchical business model, the focus on 3-D printers, and a number of other aspects of the novel will be appealing to many left-libertarians, I think.

Suzanne then takes on the role of embedded journalist and later blogger when she travels to Florida to follow Kettlewell’s star makers, two young guys named Perry and Lester. She befriends them and reports on what they’re doing and on their relationship with a resourceful local squatter community (another thing left-libertarians and off-the-grid survivalists will probably like). Thanks in large part to her reporting a new worldwide movement is spawned and later dubbed the New Work (too New Deal-esque, for my taste, but at least it was a voluntary private initiative). Kodacell quickly attracts imitators and the new venture micro-capital market is soon unsustainably flooded with an excess of money, credit, and competitors. Irrational exuberance, I suppose.

[continue reading…]


  1. I’m not sure what else might have changed from novella to novel other than this character’s name. 

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BOOK REVIEW | The Empress of Mars by Kage Baker Thumbnail

The Empress of Mars
By Kage Baker
Trade paperback, 304 pages
Tor (2009), $10.87

The Empress of Mars was written by the late Kage Baker (June 10, 1952 — January 31, 2010; 1st name pronounced like ‘cage’). It started out as a novella (Asimov’s Science Fiction Magazine July 2003), which won the 2004 Theodore Sturgeon Award and was nominated for a Hugo Award and a Nebula Award, but was later expanded into the full-length novel published in 2009 that I review here.

The Empress of Mars is not Martian royalty. This is not Barsoom, the Mars of Edgar Rice Burroughs. You won’t find a John Carter-type hero fighting native Martians and rescuing princesses within these pages, though Baker does pay homage to Burroughs’ Mars tales. Tars Tarkas makes an appearance as the Martian Santa Claus, for example.

No, The Empress of Mars is a restaurant and bar owned by one Mary Griffith, an early settler of Mars and former biological scientist. A tough, motherly figure, Mary Griffith embodies the rugged individualism and pioneer spirit that pervades Baker’s The Empress of Mars. Baker’s tale is more scientifically literate than Burroughs’, and qualifies (mostly at least, see below) as hard science fiction, leavened with superior writing and humor. It is set some unspecified time after the year 2186 — marking a past event, the year the Kutuzov expedition discovered Olympus Mons is not an extinct shield volcano, it was the only date I recall seeing in the novel.

The story revolves around Mary, her three daughters, and a host of other quirky characters, some of whom she takes under her wing, others she befriends or does business with, as they deal with at first neglect by and then interference from the bureaucrats of the British Arean Company (BAC).

[continue reading…]

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The Perils of Centralized Innovation Thumbnail

Gizmodo has an interesting post about How Ma Bell Shelved the Future for 60 Years. It is an excerpt from The Master Switch by Tim Wu.

Here is the money quote:

This is the essential weakness of a centralized approach to innovation: the notion that it can be a planned and systematic process, best directed by a kind of central intelligence; that it is simply of matter of assembling all the best minds and putting them to work in unison. Were it so, the future could be planned and executed in a scientific manner.

Yes, Bell Labs was great. But AT&T, as an innovator, bore a serious genetic flaw: it could not originate technologies that might, by the remotest possibility, threaten the Bell system. In the language of innovation theory, the output of the Bell Labs was practically restricted to sustaining inventions; disruptive technologies, those that might even cast a shadow of uncertainty over the business model, were simply out of the question.

~*~

Cross-posted at The Libertarian Standard.

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