Invasion of the Data Snatchers

Naomi Klein: ‘Grassroots Movement From Below’ vs. ‘Business-as-Usual’

From Common Dreams:  http://www.commondreams.org/news/2014/10/16/naomi-klein-grassroots-movement-below-vs-business-usual

Following award of prominent literary prize in Canada, author and activist says individuals have done much to respond to climate change — now it’s time for government and industry to do the same.

by Jon Queally
Published onThursday, October 16, 2014 by  Common Dreams

Author and activist Naomi Klein was awarded Canada’s top annual prize for non-fiction writing this week, the Hilary Weston Prize presented by the Writers’ Trust of Canada, for her recently published book, ‘This Changes Everything: Capitalism vs. the Climate.

According to the citation offered by the jurors:

Klein’s This Changes Everything is a ground-breaking work on how climate change changes everything. Written with an elegant blend of science, statistics, field reports and personal insight, it does not paralyze but buoys the reader. The book’s exploration of climate change from the perspective of how capitalism functions produces fresh insights and its examination of the interconnectedness between our relationship with nature and the creation of better, fairer societies presents a radical proposal. Klein’s urgency and outrage is balanced by meticulous documentation and passionate argument. Heart and mind go hand in hand in this magisterial response to a present crisis.

Klein admitted being quite surprised by the award—saying from the podium that “this wasn’t suppose to happen.” Directly after receiving the award, the author explained the nature of her surprise to Brian Bethune at MacLean‘s by saying, “The book is a really radical thesis and this is an establishment prize.” Hilary Weston is a former liutenant governor of Ontario and is married to Galen Weston, who runs a food and retail empire in the country. The family is recognized as the second-wealthiest in Canada.

”I suppose I have [Prime Minister] Stephen Harper to thank for the book’s success,” Klein told Bethune. “Every day, he tells Canadians they have to choose between economic prosperity and environmental and climatic protection, and Canadians know that’s not true. They know they don’t have to make that choice. But we do have to talk about change; we need this conversation.”

In a post-award interview with CBC Books, Klein said that perhaps the award would allow “even people who disagree with my politics” to engage with the book. “For me, I want the book to stimulate debate, I don’t just want the book to entrench people’s positions,” she said.

In a subsequent televised interview with the CBC‘s Andrew Nichols on Wednesday, Klein said that while it was very nice to be recognized for her writing and the quality of the work—the prize is decided by a jury of writers—she thinks the real strength of the book, and readers’ attraction to it, ultimately hinges on its subject matter.

What the book is really calling for, explained Klein, is having a more “strategic economy” in which the sectors that are fueling climate change—with special focus on the fossil fuel industry—are wound down and the sectors that have lesser negative impacts on the planet’s natural systems are revved up. “We know what we need to do in the face of this crisis,” she said. “It’s just that we have an economic system that seems to be locking us into this one particular road. So we need to talk about that system, not just the carbon.”

And when Nichols asked if she was essentially advocating for a new economic system, Klein quickly answered, “I am.”

Continue reading at:  http://www.commondreams.org/news/2014/10/16/naomi-klein-grassroots-movement-below-vs-business-usual

As Casualties Mount, Scientists Say Global Warming Has Been “Hugely Underestimated”

From Truth Out:  http://www.truth-out.org/news/item/26909-as-casualties-mount-scientists-say-global-warming-has-been-hugely-underestimated

By Dahr Jamail
Monday, 20 October 2014

As we look across the globe this month, the signs of a continued escalation of the impacts of runaway anthropogenic climate disruption (ACD) continue to increase, alongside a drumbeat of fresh scientific studies confirming their connection to the ongoing human geo-engineering project of emitting carbon dioxide at ever-increasing rates into the atmosphere.

A major study recently published in New Scientist found that “scientists may have hugely underestimated the extent of global warming because temperature readings from southern hemisphere seas were inaccurate,” and said that ACD is “worse than we thought” because it is happening “faster than we realized.”

As has become predictable now, as evidence of increasing ACD continues to mount, denial and corporate exploitation are accelerating right along with it.

The famed Northwest Passage is now being exploited by luxury cruise companies. Given the ongoing melting of the Arctic ice cap, a company recently announced a 900-mile, 32-day luxury cruise there, with fares starting at $20,000, so people can luxuriate while viewing the demise of the planetary ecosystem.

This, while even mainstream scientists now no longer view ACD in the future tense, but as a reality that is already well underway and severely impacting the planet.

It is good that even the more conservative scientists have come aboard the reality train, because a recent National Oceanic and Atmospheric Administration-led (NOAA) study published by the Bulletin of the American Meteorological Society has provided yet more evidence linking ACD with extreme heat events.

To provide perspective on how far along we are regarding runaway ACD, another recent study shows that the planet’s wildlife population is less than half the size it was four decades ago. The culprits are both ACD and unsustainable human consumption, coupling to destroy habitats faster than previously thought, as biodiversity loss has now reached “critical levels,” according to the report. More than half of the vertebrate population on the planet has been annihilated in just four decades.

Let that sink in for a moment before reading further.

Continue reading at:  http://www.truth-out.org/news/item/26909-as-casualties-mount-scientists-say-global-warming-has-been-hugely-underestimated

Friday Night Fun and Culture: Eric Clapton

Shocking New Report: Superrich Have Grabbed Half the World’s Assets

From Alternet:  http://www.alternet.org/economy/shocking-new-report-superrich-have-grabbed-half-worlds-assets

They’re eyeing the other half.

By> Lynn Stuart Parramore
October 21, 2014

According to a new report, the richest one percent have got their mitts on almost half the world’s assets. Think that’s the end of the story? Think again. This is only the beginning.

The “ Global Annual Wealth Report,” freshly released by investment giant Credit Suisse, analyzes the shocking trend of growing wealth inequality around the world. What the researchers find is that global wealth has increased every year since 2008, and that personal wealth seems to be rising at the fastest rate ever recorded, much of it driven by strong equity markets. But the benefits of this growth have largely been channeled to those who are already affluent. While the restaurant workers in America struggled to achieve wages of $10 an hour for their labor, those invested in equities saw their wealth soar without lifting a finger. So it goes around the world.

The bottom half of the world’s people now own less than 1 percent of total wealth, and they’re struggling to hold onto even that minuscule portion. On the other hand, the wealthiest 10 percent have accumulated a staggering 87 percent of global assets. The top percentile has 48.2 percent of the world wealth. For now.

One of the scary things about the wealth of the supperich is what French economist Thomas Piketty pointed out in his best-selling book, Capital in the 21st Century. Once they’ve got a big chunk of wealth, their share will get bigger even if they sit by and do absolutely nothing. Piketty sums up this economic reality in a simple and horrifying formula: r > g.

Basically, this means that when rate of return on wealth is greater than the overall rate of growth of the economy, as it has nearly always been throughout history, the rich will grow inevitably richer and the poor poorer unless there is some kind of intervention, like higher taxes on wealth, for example. If r is less than g, the assets of the super-wealthy will erode, but if r is greater than g, you eventually get the explosion of gigantic inherited fortunes and dynasties.

This is happening now: If you look at the Forbes 400 list of the wealthiest people in America, you see a lot more inherited fortunes in the upper ranks than you did a couple of decades ago, when the policies that held inequality at bay began to get dismantled. In today’s top 10, there are more scions of the Walton family than entrepreneurs like Bill Gates or Mark Zuckerberg. These people have essentially done nothing of value for society, and yet their undue influence shapes our political landscape with the wave of a wad of cash.

Continue reading at:  http://www.alternet.org/economy/shocking-new-report-superrich-have-grabbed-half-worlds-assets

New York Times Columnist Apologizes For Attending Fundraiser For Anti-Gay Legal Group

From Media Matters:  http://mediamatters.org/blog/2014/10/22/new-york-times-columnist-apologizes-for-attendi/201268

Carlos Maza & Joe Strupp
October 22, 2014

New York Times columnist Ross Douthat apologized for appearing at a fundraising event for Alliance Defending Freedom (ADF), an extreme anti-gay legal group working to criminalize homosexuality.

On October 16, Douthat spoke at “The Price of Citizenship: Losing Religious Freedom in America,” an event held by ADF and aimed at drawing attention to a number of popular right-wing horror stories about the threat LGBT equality poses to religious liberty. Douthat spoke alongside radio host Hugh Hewitt and the Benham brothers, who are notorious for their history of extreme anti-gay, anti-choice, and anti-Muslim rhetoric. The event ended with explicit solicitations for donations to support ADF’s legal work.

As Media Matters noted, ADF is one of the most extreme anti-gay legal groups in the country, fighting against even basic legal protections for LGBT people and working internationally to repress LGBT human rights, including supporting Belize’s draconian law criminalizing gay sex.

On Wednesday, Douthat explained that he did not know ADF’s event was a fundraiser and said he plans to decline the honorarium he received from the event.

“I was not aware in advance that this event was a fundraiser and had I known, I would not have agreed to participate,” he said in a statement issued to Media Matters through the Times Wednesday. “I was invited by an events organizing group, not by ADF directly. I understood this to be a public conversation about religious liberty. This is my fault for not doing my due diligence, and I will be declining the honorarium.”

Douthat has previously lamented the opposition to Arizona’s SB 1062, a law that would have allowed business owners to refuse service to gay customers and that was largely orchestrated by ADF.

“Douthat’s helping ADF raise money is disturbing,” said Richard Rosendall, president of the Gay and Lesbian Activists Alliance of Washington, D.C. “I am not inclined to jump all over the Times for it, as they feature a range of columnists and a columnist needs some room to say and do the wrong thing, and then be duly criticized for it. But ADF does not merely engage in polite disagreement. It is relentless in its attacks on equal protection of gay people and families. If this is the company that Douthat is happy keeping, it says unfortunate things about him.”

Times officials declined to comment.

The Top 1% Own… Half

From Common Dreams:  http://www.commondreams.org/news/2014/10/14/top-1-own-half

While wealthiest top one percent own nearly fifty percent of all world’s assets, the entire bottom half of the global population hold less than one percent of the wealth, new financial analysis shows

by Jon Queally
Tuesday, October 14, 2014 Common Dreams

The top one percent of the wealthiest people on the planet own nearly fifty percent of the world’s assets while the bottom fifty percent of the global population combined own less than one percent of the world’s wealth.

Those are the findings of an annual report by the investment firm Credit Suisse released Tuesday—the 2014 Global Wealth Report (pdf)—which shows that global economic inequality has surged since the financial collapse of 2008.

According to the report, “global wealth has grown to a new record, rising by $20.1 trillion between mid-2013 and mid-2014, an increase of 8.3%, to reach $263 trillion – more than twice the $117 trillion recorded for the year 2000.”

Though the rate of this  wealth creation has been particularly fast over the last year—the fastest annual growth recorded since the pre-crisis year of 2007—the report notes that the benefits of this overall growth have flowed disproportionately to the already wealthy. And the report reveals that as of mid-2014, “the bottom half of the global population own less than 1% of total wealth. In sharp contrast, the richest decile hold 87% of the world’s wealth, and the top percentile alone account for 48.2% of global assets.”

Campaigners at Oxfam International, which earlier this put out their own report on global inequality (pdf), said the Credit Suisse report, though generally serving separate aims, confirms what they also found in terms of global inequality.

“These figures give more evidence that inequality is extreme and growing, and that economic recovery following the financial crisis has been skewed in favour of the wealthiest. In poor countries, rising inequality means the difference between children getting the chance to go to school and sick people getting life saving medicines,” Oxfam’s head of inequality Emma Seery, told the Guardian in response to the latest study.

In addition to giving an overall view of trends in global wealth, the authors of the Credit Suisse  gave special attention to the issue of inequality in this year’s report, noting the increasing level of concern surrounding the topic. “The changing distribution of wealth is now one of the most widely discussed and controversial of topics,” they write, “Not least owing to [French economist] Thomas Piketty’s recent account of long-term trends around inequality. We are confident that the depth of our data will make a valuable contribution to the inequality debate.”

According to the report:

In almost all countries, the mean wealth of the top decile (i.e. the wealthiest 10% of adults) is more than ten times median wealth. For the top percentile (i.e. the wealthiest 1% of adults), mean wealth exceeds 100 times the median wealth in many countries and can approach 1000 times the median in the most unequal nations. This has been the case throughout most of human history, with wealth ownership often equating with land holdings, and wealth more often acquired via inheritance or conquest rather than talent or hard work. However, a combination of factors caused wealth inequality to trend downwards in high income countries during much of the 20th century, suggesting that a new era had emerged. That downward trend now appears to have stalled, and posssibly gone into reverse.

This work is licensed under a Creative Commons Attribution-Share Alike 3.0 License

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