Quotable (#187)

Forney makes a crucial point:

The biggest problem when political movements become popular is that they attract people who aren’t committed to the core ideology and just want to be one of the cool kids. So it is with the alternative Right, increasingly infested by normies who cling to their Leftist delusions like Linus to his security blanket. One of the most popular wrong-headed ideas in the alt-Right is that Whites can magically make socialism work if we just kick out everyone with melanin in their skin.

Seems to me that is the “core ideology”.

Quotable (#184)

Brandon Smith (who can get a bit excitable, in the right direction):

So, let’s make this crystal clear — the long game is the total and OPEN centralization of economic and geopolitical power into the hands of a select few financial elites. Not the pulling of strings behind the curtain. Not shadow governance. OPEN governance of the world by the elites, accepted or even demanded by the people.

(Close enough for government work.)

Any concerted movement to consolidate global economic governance around “the IMF’s Special Drawing Rights basket currency mechanism” will support Smith’s analysis. (The UF prediction: It won’t work.)

Also crucial (the heated partisan language can be moderated without loss of signal):

If Hillary Clinton, a well known globalist puppet deep in the bedrock of the establishment, wins the election only to have the economy tank, then the globalists will get the blame. […] If Trump is either allowed in office, or is placed in office, and the economy tanks, CONSERVATIVES, the primary enemy of the globalists, will get the blame for the resulting crisis.

The Accelerationist candidate is in either case the other team’s guy.

Outer Edges II

Riversteading:

One has but to look toward the better parts of a movie like Waterworld or an experiment like Sealand to imagine the possibilities in a modular, mobile system capable of holding 1400 tons of cargo per barge (soil for farming operations, housing structures?) at costs incredibly far below the average island, or yacht, or WWII weapons platform off the coast of England, or custom-built waterborne structure. That these barges and towboats are already designed to house people for long periods and be modularly (dis)connectable on a large scale increases their potential utility, while every day more of these units are discarded, abandoned, fall to ravages of disrepair. Every major city along the Mississippi, the Ohio, and the Missouri rivers has a transport industry of significant size, and it is showing cracks at every stage of the process. I contend that this industry is ripe for pillaging and repurposing, and that it is only a matter of time before the river economy hits a startling bottom that, while destructive and fragmentary to the extreme for certain industries and industrial zones, could be very fruitful indeed for the intrepid seasteader.

While clearly sub-optimal from a jurisdictional and security perspective, as an economically-feasible boost-phase, it could provide invaluable learning opportunities.

Accelerationism @ ZH

After outlining Deutsche Bank’s recent comprehensive denunciation of ECB monetary policy (aka financial crack-cocaine), Zero Hedge remarks modestly:

Why does all of this sound familiar? Oh yes, because we have been warning about all of this since the day the Fed launched QE, and we warned that there is no way such unorthodox policy ends well. Seven years later the chief economist of Europe’s biggest bank admits we were spot on. We expect many more strategists and economist to make comparable admissions, if they don’t already behind closed doors. […] On the other hand, “groupthink” as DB calls it, surrounding Draghi and the central planners is impenetrable, and sadly all of this will be ignored. Which is why the only real way this final bubble is resolved, is when it bursts. Which is also something we have said long ago: instead of fighting the central banks, just let them achieve their goals as fast as possible. […] Ultimately, it is now too late to change anything anyway, plus the economic, finacnial and social collapse will inevitably come, whether in one month or a decade. The best that those who are paying attention can do is prepare. As for everyone else… they can find comfort in their echo chambers which ignore the reality that their actions create.
(UF emphasis.)

Quotable (#150)

Morozov on legimation crisis:

… technology firms are rapidly becoming the default background condition in which our politics itself is conducted. Once Google and Facebook take over the management of essential services, Margaret Thatcher’s famous dictum that “there is no alternative” would no longer be a mere slogan but an accurate description of reality.

The worst is that today’s legitimation crisis could be our last. Any discussion of legitimacy presupposes not just the ability to sense injustice but also to imagine and implement a political alternative. Imagination would never be in short supply but the ability to implement things on a large scale is increasingly limited to technology giants. Once this transfer of power is complete, there won’t be a need to buy time any more – the democratic alternative will simply no longer be a feasible option.

Carlota Perez grasps the larger framework of this crisis with more historical realism than Morozov can muster, and thus judges its proportions more accurately. His entire argument is enveloped within hers as a predictable symptom of long-wave rhythms (down to its details of hyper-financialization, de-financialization, and concurrent socio-political upheaval). With that context noted, it’s still worth a read.