Category: Literature

Why a French Economist has So Many Wingers Terrified

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Paul Krugman has an interesting OP/ED on Thomas Piketty’s book Capital in the Twenty-First Century.

Picketty makes the assertion that capital demands rates of return greater than that of the underlying economy, and that, over the long run capital will extract more and more of the overall economy, to the detriment to wages and labor.

As Krugman notes, this work has the apologists for the rent seekers apoplectic:

“Capital in the Twenty-First Century,” the new book by the French economist Thomas Piketty, is a bona fide phenomenon. Other books on economics have been best sellers, but Mr. Piketty’s contribution is serious, discourse-changing scholarship in a way most best sellers aren’t. And conservatives are terrified. Thus James Pethokoukis of the American Enterprise Institute warns in National Review that Mr. Piketty’s work must be refuted, because otherwise it “will spread among the clerisy and reshape the political economic landscape on which all future policy battles will be waged.”

Well, good luck with that. The really striking thing about the debate so far is that the right seems unable to mount any kind of substantive counterattack to Mr. Piketty’s thesis. Instead, the response has been all about name-calling — in particular, claims that Mr. Piketty is a Marxist, and so is anyone who considers inequality of income and wealth an important issue.

I’ll come back to the name-calling in a moment. First, let’s talk about why “Capital” is having such an impact.

Mr. Piketty is hardly the first economist to point out that we are experiencing a sharp rise in inequality, or even to emphasize the contrast between slow income growth for most of the population and soaring incomes at the top. It’s true that Mr. Piketty and his colleagues have added a great deal of historical depth to our knowledge, demonstrating that we really are living in a new Gilded Age. But we’ve known that for a while.

No, what’s really new about “Capital” is the way it demolishes that most cherished of conservative myths, the insistence that we’re living in a meritocracy in which great wealth is earned and deserved.

For the past couple of decades, the conservative response to attempts to make soaring incomes at the top into a political issue has involved two lines of defense: first, denial that the rich are actually doing as well and the rest as badly as they are, but when denial fails, claims that those soaring incomes at the top are a justified reward for services rendered. Don’t call them the 1 percent, or the wealthy; call them “job creators.”

Needless to say, the defenders of oligarchy are unamused by this.

The book, which, if reports are true, uses rather traditional economic tools, makes a compelling argument that excessive wealth is not synonymous with virtue.

I’m putting Capital in the Twenty-First Century on my summer reading list.

I’m Selling My Comic Collection

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I just realized that not only had I not read them in a long time, but that I had not taken them out of the box this century.

I just finished inventorying them, my notable comics are:

  • Cerebus, 1-58, 61, 64, 81, 83, 86, 89, 91, 93, 97, 99, and a few after 100
  • Damage Control, 2-4
  • Fantastic 4, 81
  • Boris the Bear 1-3, 11, 12, 19, 
  • Bager, various between 24 & 64
  • Nexus, various between 40 & 74
  • Teenage Mutant Ninja Turtles #1 (unfortunately 2nd printing)
  • The Tick, 1-3,6,7
  • Zot! 11-30

More than 200 comic books in all.

Anyone know who would be a good person to sell all for these for me on consignment?  I know that eBay offers “Sell it for me,” but I am also considering one of the local outfits that does this.

Best Amazon Comment Ever

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Senator Ted Cruz, nutjob Joe McCarthy look alike, has written a coloring book.

No this is not The Onion. You can actually buy at Amazon.

And because it Amazon, there are reader comments, and the negative reviews are amusing, but I like this one the best:

So, after reading many reviews that mentioned what good toilet paper this book made, I was super excited to order my copy. Unfortunately, after receiving mine in the mail I was immediately disappointed. I don’t know, perhaps I accidentally received a used copy, but mine was completely worthless for this purpose as every single page was already completely covered with crap…

It’s juvenile, but so is a United States Senator writing a f%$#ing coloring book.

H/t Neo at the Stellar Parthenon BBS.

Elementary, My Dear Copyright Troll

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A hundred and twenty five years after their publication, a Federal Court judge has told the estate of Sir Arthur Conan Doyle to go Moriarty themselves, and declared that the Sherlock Holmes universe is unequivocally in the public domain:

In the more than 125 years since he first appeared, Sherlock Holmes has popped up everywhere from fan fiction set in outer space to screen adaptations like CBS’s “Elementary,” set in contemporary Manhattan. But now, following a legal ruling, the deerstalker-wearing detective is headed to another destination: the public domain.

A federal judge has issued a declarative judgment stating that Holmes, Watson, 221B Baker Street, the dastardly Professor Moriarty and other elements included in the 50 Holmes works that Arthur Conan Doyle published before Jan. 1, 1923, are no longer covered by United States copyright law, and can therefore be freely used by others without paying any licensing fee to the writer’s estate.

The ruling came in response to a civil complaint filed in February by Leslie S. Klinger, the editor of the three-volume, nearly 3,000-page “New Annotated Sherlock Holmes” and a number of other Holmes-related books. The complaint stemmed from “In the Company of Sherlock Holmes,” a collection of new Holmes stories written by different authors and edited by Mr. Klinger and Laurie R. King, herself the author of a mystery series featuring Mary Russell, Holmes’s wife.

Mr. Klinger and Ms. King had paid a $5,000 licensing fee for a previous Holmes-inspired collection. But in the complaint, Mr. Klinger said that the publisher of “In the Company of Sherlock Holmes,” Pegasus Books, had declined to go forward after receiving a letter from the Conan Doyle Estate Ltd., a business entity organized in Britain, suggesting that the estate would prevent the new book from being sold by Amazon, Barnes & Noble and “similar retailers” unless it received another fee.

………

But the judge rejected what he called the estate’s “novel legal argument” that the characters remain under copyright because, it claimed, they were not truly completed until Conan Doyle published his last Holmes story in 1927.

This is a good thing.

There needs to be limits to the rent seeking related to IP. 

Holmes is already in the public domain in its native Britain, and any further royalties extracted by the estate does nothing to encourage the, “Promote the Progress of Science and useful Arts,” which is the Constitutional justification for our IP regime.

Something is Very Wrong With Me

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We went to Barnes and Noble to celebrate Charlie getting into a magnet program.

We got some books, and picked up some snacks.

Charlie wanders off and browsed some books, and he decided to glance through the erotic novel 50 Shades of Gray.

He opened up to a random page, and was rather nonplussed about what he encountered.

I wasn’t upset. This sort of exploration is all a part of growing up.

But when I looked at him, and I made a most unhelpful suggestion:

How about you do a YouTube based on this.

 You do a takeoff of 50 Shades of Gray based on the Smurfs.

 You could call it 50 Shades of Blue.

Charlie’s response was to complain that he could not get that image out of his head.  (I am afraid to Google it)

I am a bad, bad, parent.

Oh No He Didn’t!

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Bob Ney, former Congressman, and felon, wrote a book, and in it he claims that John Boehner promised him a well paying job if he were to end his reelection campaign in his new memoire:

The most inflammatory accusation against Boehner in the book is Ney’s contention that he ended his reelection campaign after winning the primary in 2006 only after Boehner, then the majority leader, summoned the cash-strapped and embattled congressman to his office and told him if he quit the race, Boehner would take care of him. “If you resign the next day, I will personally guarantee you a job comparable to what you are making, and raise legal defense money for you that should bury all this Justice Department problem for you,” Boehner said, according to Ney. He said he pressed Boehner, repeating the terms and getting assurance that the offer was “ironclad.” When Ney called back the next day to accept the deal, he wrote that he again repeated the terms to Boehner, who agreed. “Because of Boehner’s promise, I stepped aside,” he wrote. But Ney said Boehner did not keep his word. “I had been lied to and ditched,” Ney said.

I’m not sure that I can believe that. That would be like claiming that John Boehner was on the floor of the house handing out campaign cash from cigarette manufacturers as they voted on subsidies for tobacco. ……… Wait! ……… What? ……… He did do that?!?! ……… Never mind.

A note about the article: I’m not sure if it is the author, George Condon, or his editor, but what is arguably the most explosive allegation is 7 paragraphs down, under the title, “Disgraced Ex-Congressman Attacks John Boehner in New Book,” and a subhead of, “Bob Ney, who was imprisoned for his role in the Jack Abramoff scandal, has some scores to settle.”

I do understand why someone would hate Bob “Freedom Fries” Ney, (I do) he is/was a nasty piece of work, but burying the lede is not an appropriate response.

Dieing Well

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Music impresario Kathi Goldmark:

Kathi Kamen Goldmark, a beloved San Francisco literary impresario and country-rock singer, died May 24 after a long battle with breast cancer. She was 63.

Ms. Goldmark died at UCSF Medical Center surrounded by family and friends, including authors Amy Tan, Dave Barry and Maya Angelou. In her last hours, musician Roger McGuinn of the Byrds sang an Irish hymn to her over the phone, and Judy Collins called to sing “Amazing Grace.” As the end drew near, Ms. Goldmark mouthed something toward those around her. It was “Rosebud,” the famous last line from “Citizen Kane.” And she smiled as she whispered it.

“She had a sense of humor right until the end,” said Barry, the humorist. “There has never been a funnier lady.”

I hope I do half as well when my time comes.

Read the rest.

I wish that I had known of her before reading her obituary.

Damn

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Children’s book author Maurice Sendak has died at 83:

Maurice Sendak, widely considered the most important children’s book artist of the 20th century, who wrenched the picture book out of the safe, sanitized world of the nursery and plunged it into the dark, terrifying and hauntingly beautiful recesses of the human psyche, died on Tuesday in Danbury, Conn. He was 83.

The cause was complications of a recent stroke, said Michael di Capua, his longtime editor. Mr. Sendak, who died at Danbury Hospital, lived nearby in Ridgefield, Conn.

Roundly praised, intermittently censored and occasionally eaten, Mr. Sendak’s books were essential ingredients of childhood for the generation born after 1960 or thereabouts, and in turn for their children. He was known in particular for more than a dozen picture books he wrote and illustrated himself, most famously “Where the Wild Things Are,” which was simultaneously genre-breaking and career-making when it was published by Harper & Row in 1963.

And He Will Name it Gingrich Base

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Seriously, promising a permanent moon base in the next 8 years?

Who but Newt could be so full of themselves that they would dare to make it a campaign pitch.

You know, I’m beginning to think that being a science fiction fan might be a disqualifier for holding executive office.

Newt claims influence from Asimov’s Foundation series, while Romney says that his favorite bit of sci-fi is Battlefield Earth.

Well, at least Newt has better taste in literature.

Who Says Irony Is Dead?

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Do you remember the theatrical release of the Atlas Shrugged Movie, imaginatively named Atlas Shrugged Part I? It was first movie of a 3 part series based on Ayn Rand’s magnum opus.

Yeah, I didn’t think so. It left theaters so fast that I don’t think that they had time to finishing the lettering on the sign.

Well, in their attempt to further
rip-off
monetize their gullible objectivist fanboi base, they made a fairly substantial DVD release that they are now having to recall:

100,000 “Atlas Shrugged” DVDs have been recalled for an important danger they posed to unwary consumers: the title sheet suggested that viewers help someone out besides themselves.

Atlas Shrugged is a novel by Ayn Rand that tells the story of an alternate reality version of America where all the millionaires get sick of the government taking over their inventions so they go on strike. The original title sheet for the movie said that in it, “AYN RAND’s timeless novel of courage and self-sacrifice comes to life…” This grave error posed a risk of fire. As in, it would make Ayn Rand fan’s heads spontaneously immolate upon reading it. So the producers recalled the 100,000 DVDs to replace the sheet.

The new sheet will read, “AYN RAND’s timeless novel of rational self-interest comes to life…” (Emphasis added.)

Needless to say, the idea that the overpaid* self-styled supermen succeeded in refuting Ayn Rand’s core message and now feel ethically compelled to correct this, at significant personal cost, is just chock full of Irony.

*If they are paid at all they are overpaid.

Bummer, But the Movies are a Business

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A movie based on HP Lovecraft’s novella, At the Mountains of Madness, has been canceled:

The film-world was thrown into a frenzy yesterday regarding Universal’s cancellation of Guillermo del Toro’s personal passion project, a $150 million, R-rated adaptation of HP Lovecraft’s At the Mountains of Madness. We live in an era where even the once-brave Warner Bros. has gone from the sort of studio that would roll the dice on The Matrix to the kind of studio that will likely reboot/remake The Matrix, where Pixar seems content to become a sequel factory (Cars 2, Monsters Inc 2), where studios are so terrified of big-budget originality that they seem to merely be parading an never-ending stream of unwanted sequels (Percy Jackson and the Lightning Thief: The Sea Monsters), needless remakes (Total Recall), and inexplicable ‘reboots’ (Tomb Raider), the news was the film-news equivalent of us lefties hearing that President Obama had caved into GOP budget demands… again. There are plenty of reasons why executives are reluctant to spend blockbuster-dollars on original ideas. But the (temporary?) death of At the Mountain of Madness isn’t quite representative of the end of original thought in Hollywood. But it is a good time to stop and ask why every major studio genre picture needs to cost to bloody much?

Film Blogger Scott Mendelson is right. When one considers the fact that this film would have to be almost exclusively CGI, and a decent Linux based server farm for the rendering would cost well under $50,000.00, the idea that you need spend $150M to make it is ludicrous.

After all, the 6 minute long CGI extravaganza short subject The Raven cost under $5000.00.

Simply put, this film would not make money unless it shattered box office records for the R-Rated horror genre:

The highest-grossing R-rated film of all-time is The Matrix Reloaded, at $742 million worldwide. After that, you get The Passion of the Christ ($611 million), Terminator 2: Judgment Day ($519 million), Troy ($497 million), Saving Private Ryan ($481 million), The Hangover ($467 million), The Matrix and Pretty Woman ( both $463 million), Gladiator ($457 million), The Last Samurai and 300 ( both $456 million), The Exorcist ($441 million), Terminator 3: Rise of the Machine ($433 million), The Matrix Revolutions ($427 million), Sex and the City ($411 million), and The Bodyguard ($410 million – which is arguably why that one is getting remade). That’s just sixteen films in all of modern-motion picture history that have grossed $400 million or more worldwide with an R-rating. The second-highest-grossing R-rated horror film (after The Exorcist) remains Hannibal, with $351 million. I can’t even think of an insanely successful R-rated supernatural horror picture off the top of my head… can you? Point being, even with the once-surefire Tom Cruise allegedly at the helm, an R-rated $150 million supernatural horror film would basically have to become the most successful supernatural R-rated horror film of all-time just to break even.

(Emphasis mine.)

Could someone out in Hollywood explain to me why every film seems to have to cost something north of $100 million?

Even with PR and distribution costs, it seems to me that this could be a $50 million movie, and given the relative cheapness of modern CGI this is very doable, and at that cost, you might clear a profit on the initial theatrical release.

H/t (unsurprisingly) Cthulhu at the Stellar Parthenon BBS.

Osama bin Laden Won

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OK, it’s the 10th anniversary of 911, and looking back, I can draw no other conclusion.

As a result of the events of that day we are:

  • Embroiled in two ruinously expensive wars, neither of which has any meaningful end in sight.
  • Have no money for even the most basic infrastructure.
  • Have set up a state security apparatus that is structured, and frequently functions, as the core pillar of a police state.
  • Have convinced the generation after mine that the idea of a unipolar world, with US military and Hegemony is foolish.
  • Has turned us into torturers.
  • Has set to policies that create more terrorists.
  • Has massively expanded and radicalized, the right wing.

I would suggest that anyone who hasn’t read Eric Frank Russell’s magnum opus Wasp, in which a man is sent to be an agent provocateur on the planet of an empire at war with Earth, and his mission is not to collect intelligence or do damage, but rather to provoke an overreaction by the authorities:

“Phew!” Mowry raised his eyebrows.

“Finally, let’s consider this auto smash. We know the cause; the survivor was able to tell us before he died. He said the driver lost control at high speed while swiping at a wasp which had flown in through a window and started buzzing around his face.”

“It nearly happened to me once.”

Ignoring that, Wolf went on, “The weight of a wasp is under half an ounce. Compared with a human being its size is minute, its strength negligible. Its sole armament is a tiny syringe holding a drop of irritant, formic acid, and in this case it didn’t even use it. Nevertheless it killed four big men and converted a large, powerful car into a heap of scrap.”

………

“However,” Wolf went on, “the problem becomes less formidable than it looks if we bear in mind that one man can shake a government, two men temporarily can put down an army twenty-seven thousands strong, or one small wasp can slay four comparative giants and destroy their huge machine into the bargain.” He paused, watching the other for effect, continued, “Which means that by scrawling suitable words upon a wall, the right man in the right place at the right time might immobilize an armoured division with the aid of nothing more than a piece of chalk.”

The country has changed, and none of these changes to our benefit, and none of them were really required, but rather the product of mindless over-reaction.

We are those drivers in that doomed car.

Oh, It’s Worldcon Tomorrow, and I Am Not There

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This fact makes me smile.

It only took me 20 years, but I realized that I don’t like Science Fiction conventions.

This fact probably explains the massive benders that I used to have at said conventions.

I enjoyed running them, but was never into the convention scene.

As to running them, never again.  It was way too destructive to my life.

There were some good bits, hearing Harry “Hal Clement” Stubbs talk about being a thousand meters away from a nuclear blast was a hoot.

I miss Harry, he knew his sh%$, and he didn’t back down on it, but he was remarkably gentle when he told you that you did not know what you were talking about.

All You Need to Understand About Republicans

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It should be noted that Paul Ryan, the soon to be head of the House Budget Committee, is requiring his staff to read Ayn Rand’s Atlas Shrugged.

While I’ve not read this book, I did her (mercifully shorter) treatise on her philosophy The Virtue of Selfishness in high school, and Kung Fu monkey has the final word on Rand and her Randroid followers:

There are two novels that can change a bookish fourteen-year old’s life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.

Indeed, and he will be drafting our budgets. <Facepalm>

H/t Paul Krugman.

This is a Fascinating Analysis of the Koran

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Essentially, the speaker notes that the Koran is a far more nuanced document than either the fundamentalists or the islamophobes would imply, and that you really cannot understand it in translation.

Certainly that is my experience with the study of Torah, where I really don’t think that I can claim to have ever even read it, since with my pathetic grasp of Hebrew, I do not know more than a smattering of words and a few greetings.

In any case, listening to Lesley Hazelton is a good way to spend 9 minutes.

H/t Yves Smith.