This week, I have been mostly reading:

• Kansas Should Go F--- Itself — Matt Taibbi review's Thomas Frank's latest book: The average blue-state media consumer by 2020 has ingested so much propaganda about Trump (and Sanders, for that matter) that he or she will be almost immune to the damning narratives in this book. Protesting, “But Trump is a racist,” they won’t see the real point – that these furious propaganda campaigns that have been repeated almost word for word dating back to the 1890s are aimed at voters, not politicians. In the eighties and nineties, TV producers and newspaper editors established the ironclad rule of never showing audiences pictures of urban poverty, unless it was being chased by cops. In the 2010s the press began to cartoonize the “white working class” in a distantly similar way. This began before Trump. As Bernie Sanders told Rolling Stone after the 2016 election, when the small-town American saw himself or herself on TV, it was always “a caricature. Some idiot. Or maybe some criminal, some white working-class guy who has just stabbed three people.” These caricatures drove a lot of voters toward Trump, especially when he began telling enormous crowds that the lying media was full of liars who lied about everything.
• Via Bruce Sterling:
  
• Starbucks, monetary superpower — JP Koning: I don't go to Starbucks very often, so I only recently learnt that the company has succeeded in getting many of its customers to stop using cash and debit/credit cards to buy coffee. Instead, they are using Starbucks's own payments option. […] Starbucks has around $1.6 billion in stored value card liabilities outstanding. This represents the sum of all physical gift cards held in customer's wallets as well as the digital value of electronic balances held in the Starbucks Mobile App. It amounts to ~6% of all of the company's liabilities. This is a pretty incredible number. Stored value card liabilities are the money that you, oh loyal Starbucks customer, use to buy coffee. What you might not realize is that these balances simultaneously function as a loan to Starbucks. Starbucks doesn't pay any interest on balances held in the Starbucks app or gift cards. You, the loyal customer, are providing the company with free debt.
• Bizarro — by Dan Piraro:
  
• The Crowding-Out Myth — Robert Skidelsky at Project Syndicate: But the crowding-out argument is wrong both theoretically and empirically. First, it assumes that all resources in an economy are fully employed. In fact, most market economies normally have underemployment or spare capacity, meaning that public investment can “crowd in” resources that otherwise would be idle. This was John Maynard Keynes’s key argument, and it cannot be stressed often enough. And the superior efficiency of a boom-and-bust private investment system dominated by financial oligarchs is far from obvious. Second, the state has in practice always played a leading role in allocating capital, either through direct investments of its own (including most nineteenth-century railway-building), or by deliberately encouraging certain types of private investment. For example, Toyota, which started out as a textile-machinery manufacturer, became a leading global automobile producer from the early 1960s onward with the help of tariff protection and state subsidies. Nor did Silicon Valley succeed because the state got out of the way of risk-taking venture capitalists and garage investors.
• Tom the Dancing Bug— by Ruben Bolling:
  
• The big Apple — John Quiggin in Inside Story: The protocols and languages that make the internet possible are a public good, created by collaborative effort and made freely available. The information on the internet is generated by households, businesses and governments using these protocols. Without these public goods, Google would be worthless. But because advertising can be attached to search results, ownership of a search engine is immensely profitable. Similarly, Facebook’s value is derived entirely from the contributions of its users. Apple and Amazon are more like traditional businesses, but increasingly rely on internet services for their profits. Thus, a network created in the public sector has become the underlying infrastructure for private monopolies.
• Dependency — xkcd by Randall Monroe:
• Corporate Dems Want You To Shut Up While They Get Loud — David Sirota: The demand to shut up is only being aimed at the progressive base of the party, while the corporate wing floods the zone with rhetoric that could demobilize voters. Indeed, at the very moment many good progressives are blunting their criticism and making clear that defeating Trump is of utmost importance, Corporate Democrats aren’t being asked to wait or hold their tongues. In fact, they are doing the opposite: Rahm Emanuel — who has been advising Biden — just went on television to show that the corporate wing of the party is intent on using the stretch run of the Most Important Election Of Our Lifetime™ not to doggedly focus on actually winning the election, but to instead try to predetermine post-election policy outcomes. […] “Two things I would say if I was advising an administration,” said Emanuel, who left the Chicago mayoralty in disgrace after his city officials suppressed a video of the police murder of a teenager. “One is no there’s no new Green Deal, there’s no Medicare For All, probably the single two topics that were discussed the most. That’s not even in the platform.”
• #1215; One in Hole — Wondermark by David Malki !: