Sunday, 8 August 2021 - 8:19am
This week, I have been mostly reading:
- Q for Conspiracy — Margaret Simons in Meanjjin:
Elliot Brennan, research associate at the United States Studies Centre, a research centre at the University of Sydney, has identified QAnon theories spreading through parenting websites and the ‘wellness’ movement—which includes the Pete Evans network. ‘If the current global conspiracy theory landscape were like a bath, QAnon would be the drain around which the entire body of water is spiralling,’ he writes. […] It’s best to put aside, so far as you are able, rigid ideas of left and right in trying to understand QAnon. Think that organic food is something inner-city lefties worry about? When the so-called ‘QAnon shaman’—the man in the horned head dress arrested after the Capitol Hill riots—requested organic food in prison, he was true to type. Organic food is big with QAnon—part of its suspicion of big business and chemical companies in particular. […] The wellness industry—naturopathy, homeopathy—is a recognised ‘soft’ path into the QAnon world. And who of us has not taken a vitamin supplement for which there is no, or only dubious, scientific evidence?
- The Insecurity Industry — Edward Snowden:
Prior to this week’s Pegasus Project, a global reporting effort by major newspapers to expose the fatal consequences of the NSO Group—the new private-sector face of an out-of-control Insecurity Industry—most smartphone manufacturers along with much of the world press collectively rolled their eyes at me whenever I publicly identified a fresh-out-of-the-box iPhone as a potentially lethal threat. Despite years of reporting that implicated the NSO Group’s for-profit hacking of phones in the deaths and detentions of journalists and human rights defenders; despite years of reporting that smartphone operating systems were riddled with catastrophic security flaws (a circumstance aggravated by their code having been written in aging programming languages that have long been regarded as unsafe); and despite years of reporting that even when everything works as intended, the mobile ecosystem is a dystopian hellscape of end-user monitoring and outright end-user manipulation, it is still hard for many people to accept that something that feels good may not in fact be good. Over the last eight years I’ve often felt like someone trying to convince their one friend who refuses to grow up to quit smoking and cut back on the booze—meanwhile, the magazine ads still say “Nine of Ten Doctors Smoke iPhones!” and “Unsecured Mobile Browsing is Refreshing!”
- I’m a Parkland Shooting Survivor. QAnon Convinced My Dad It Was All a Hoax. — David Gilbert at Vice:
Bill’s final semester at Marjory Stoneman Douglas High School in Parkland, Florida, was already difficult enough. He was part of the final graduating class of survivors of the 2018 shooting, and they all had just marked the third anniversary of the day 17 people were killed, nine of whom were Bill’s classmates. But Bill also had to deal with his father’s daily accusations that the shooting was a hoax and that the shooter, Bill, and all his classmates were paid pawns in a grand conspiracy orchestrated by some shadowy force.
- Snakes and Ladders — Stefan Collini in the London Review of Books:
Most people seem able to accept considerable inequality in outcomes if they believe that the procedures that lead to these outcomes are in some broad formal sense ‘fair’; that is, they don’t probe too much into what determines the distribution of advantage before the selection procedure begins. Perhaps most of us are inclined, at least some of the time, to think that ability and effort are the things most ‘deserving’ of differential rewards. And many people are more bothered, it seems, by the thought that some individuals may be ‘getting something for nothing’ (in the form of benefits, for example) than the thought that some individuals are paid a thousand times as much as others. There may be no entirely coherent or justifiable basis for these views, but their persistence makes it difficult to build support for fundamental change, just as ingrained notions of what one should be entitled to do for one’s children set narrow limits on what are considered acceptable forms of redistribution. Moreover, like lottery players more generally, many of us seem to prefer to fantasise about ‘making it’ within the existing system than to accept the overwhelming evidence that the odds are rigged against us.
- Dinosaur Comics! — by Ryan North:
- Anatomy of a Stock Market Bubble — Frank Veneroso at the Levy Institute:
With respect to moral hazard, the bailout measures during the 2007–9 crisis along with the quantitative easing policies that followed are just the most recent instances in a half-century pattern of ever-greater policy interventions that have distorted risk perceptions. Although low interest rates have not played a major role in past price-chasing bubbles, very low rates contributed to the duration and amplitude of the stock market’s trajectory over most of the last decade, and have operated as a signal to market participants that reinforces the moral hazard dimension. Regarding the growth of credit, although the Federal Reserve’s statistics do not reflect it, the United States has experienced a massive increase in nonfinancial enterprise debt. Due to a sustained high rate of corporate equity purchases financed with debt, this overarching expansion of credit has also made its way into the last decade’s bull market and steepened its price trajectory.
- The Future of Australian Universities: Bogans of the Pacific — Dr Binoy Kampmark for the Australian Independent Media Network:
The assault on science teaching and research is not merely the work of the surfeit barbarians in the chancellery. Australian higher education is imperilled, not merely by a university management class keen to squeeze students and productive staff into oblivion but a Federal Parliament that sees little value in them. A country facing the sharper side of climate change, brutal weather, environmental destruction and energy crises would be expected to be pouring money into degrees directed towards their study. But scientific illiteracy, along with other forms, is as contagious as the novel coronavirus. In October 2020, changes made to higher education with the blessing of the Centre Alliance and One Nation parties in the Australian Senate saw an effective reduction of 29% to the subject of environmental science. Dianne Gleeson, president of the Australian Council of Environmental Deans and Directors, called this budgetary slicing “one of the largest funding cuts to any university course.”