Over at the Next System Project’s podcast:
This week, we’re talking about how Social Wealth Funds can play a role in empowering both individuals and communities in the economy. Joining us is Maryland House of Delegates member Gabriel Acevero, Vice President at the Insight Center for Community and Economic Development Jhumpa Bhattacharya, and President of the People’s Policy Project, Matt Bruenig.
The Next System Podcast is available on iTunes, Soundcloud, Google Play, Stitcher Radio, Tune-In, and Spotify. You can also subscribe independently to our RSS feed here.
Also Peter Gowan in Jacobin on Rudolph Meidner, who once proposed one of the more ambitious proposals to broaden the distribution of wealth:
Rudolf Meidner, one of the primary architects of Sweden’s famed social-democratic model, once described private ownership as “a gun pointed at the temple of the labor movement.” He spent his career as a union economist trying to resolve the standoff in labor’s favor.
Meidner’s economic model — given form by an exceptionally strong Social Democratic Party (SAP) and labor movement — delivered sustained material gains to workers in the decades after World War II (and, because of robust growth, private business). Swedish workers enjoyed the fruits of an expanding welfare state while exercising unprecedented influence and control over a developed economy.
It was not enough — the gun remained in place, and by the 1970s, Meidner had concluded, along with the Swedish labor movement, that an alternative model of ownership was needed. “We want to deprive the owners of capital of the power which they wield,” Meidner explained.
All experience shows that influence and control is not enough — ownership plays a critical part. I refer to Marx and Wigforss: we cannot fundamentally transform society without also fundamentally changing ownership.
More here.

Steven Wishnia in The Indypendent:
Robert Zaretsky in Foreign Affairs:
This wonderful book might be read as a long meditation on WH Auden’s notorious throwaway comment in his elegy for WB Yeats: “Poetry makes nothing happen.” John Burnside’s first chapter engages directly with this maxim, patiently showing us what it does and does not mean in its context. Auden is not shrugging his shoulders and accepting a place for poetry at the neglected margins of social life. Rather he is making a stark distinction between the ways in which human beings try to “make things happen” – the feverish efforts at political and technological control – and the tough imperative to find ways of echoing “the music of what is” in word and gesture.
Who’s the “father” of environmentalism? Now that the human impact on nature is getting more attention than ever, it’s a question worth asking. Is it, for example, the Prussian naturalist, Alexander von Humboldt, as his biographer thinks?
“HU!! HU!! HU!!,” yelled the crowd, at escalating volume, for a full 20 minutes before the Hu kicked off their recent concert at the Brooklyn venue, Warsaw. The fans who packed the place, many of whom were decked out in de rigueur heavy metal gear of black T-shirts and leather, thrust their fists into the air in rhythm to their chants, which grew to a roar the moment the band appeared.
Scientists at Google on Wednesday declared,
These days, a great many people in the rich countries complain loudly about migration from the poor ones. But the game was rigged: First, the rich countries colonised us and stole our treasure and prevented us from building our industries. After plundering us for centuries, they left, having drawn up maps in ways that ensured permanent strife between our communities. Then they brought us to their countries as “guest workers” – as if they knew what the word “guest” meant in our cultures – but discouraged us from bringing our families.
I cannot think of a contemporary piece that has attracted as much of a cult following as Haas’s mesmerizing, disorienting, and utterly moving in vain. It begins with a swirl of sound in which the cascading runs suggest a sense of falling, yet as these lines rise in pitch, there’s a feeling of upward motion, too—the musical equivalent, as many commentators have noted, of M. C. Escher’s staircase, descending and ascending all at once. Soon after a hair-raising crescendo, the listener is plunged into another realm, in which microtonality seems at war with conventional tuning. The sounds pulse like flashes of light through an abiding darkness, which is not only metaphorical but also literal, for in a live performance, the house lights gradually dim and are then cut. (Unable to see either their music stands or the conductor, the performers must play extended sequences of very complex music from memory.) Out of this darkness, a new world of sound emerges, something elemental—familiar but strange—with the textures and harmonies undergoing subtle transformations. Just when it seems as if some redemptive moment will arrive, the music becomes frustratingly dizzying once again. Indeed, listening to in vain can feel like being trapped in an anxiety dream from which you almost manage to escape, but ultimately cannot.
Stubbs was, however, an interpreter as well as an observer. His pictures reveal his fascination with relationships; between owners and their horses and hounds, between servants and masters, between animals themselves. And they show his very modern conviction that animals have emotions similar to and every bit as potent as our own. The eyes of his creatures are full of feeling and frequently stare back at the viewer with disconcerting intensity. You need only to look at the eye of his horse being devoured by a lion, a motif he returned to again and again, to be made uncomfortable as a witness to its agony. In a remarkable late work of 1800 showing the Earl of Clarendon’s gamekeeper with his dog about to dispatch a doe, man and doomed animal look out of the painting, making the viewer complicit in the coup de grâce. Other near contemporaries such as James Ward and Théodore Géricault gave their animals emotions, but without the same fellow feeling.
Krasznahorkai is a perplexing figure in today’s literary landscape: he is, in internet parlance, committed to his bit. The Hungarian author cultivates an air of mystery (he “lives in reclusiveness,” according to one
There were ideas long before there were light bulbs. But, of all the ideas that have ever turned into inventions, only the light bulb became a symbol of ideas. Earlier innovations had literalized the experience of “seeing the light,” but no one went around talking about torchlight moments or sketching candles into cartoon thought bubbles. What made the light bulb such an irresistible image for ideas was not just the invention but its inventor.
In 2014, when Ian Miller and Tyler Lyson first visited Corral Bluffs, a fossil site 100 kilometers south of the Denver Museum of Nature & Science where they work, Lyson was not impressed by the few vertebrate fossils he saw. But on a return trip later that year, he split open small boulders called concretions—and found dozens of skulls. Now, he, Miller, and their colleagues have combined the site’s trove of plant and animal fossils with a detailed chronology of the rock layers to tell a momentous story: how life recovered from the asteroid impact that killed off the dinosaurs 66 million years ago.
Last April, Princeton University economists and married partners
A dozen years ago I flew to Europe to speak at a conference on science’s limits. The meeting’s organizer greeted me with a tirade about James Watson, co-discoverer of the double helix, who had just stated publicly that blacks are less intelligent than whites. “All our social policies are based on the fact that their intelligence is the same as ours,”
Edward Snowden, late in the pages of his memoir, Permanent Record, describes his sensation at being personally introduced to XKEYSCORE, the NSA’s ultimate tool of intimate, individual electronic surveillance. Among the NSA’s technological tools (some of which Snowden aided in perfecting), XKEYSCORE was, according to Snowden, “the most invasive…if only because [the NSA agents are] closest to the user—that is, the closest to the person being surveilled.” For nearly three hundred pages, the memoir has built to this scene, foreshadowed in the preface, in which the whistleblower-in-the-making sees behind the curtain: