In the autumn of 1938, an internal memorandum was circulated among Reichsbank officials about the dire economic situation of Nazi Germany as a result of the frenzied rearmament policy through central bank monetary expansion. Warning against its inflationary effects, the memo suggested a âsmooth landingâ from a war to a peacetime economy. In the following months, seeing that instead of restraint there was a further acceleration of the armament race, Reichsbank President Hjalmar Schacht and the banksâ directorate decided to issue an official memorandum, which Schacht delivered directly to Hitlerâs hands. Emphasizing that the Fuhrer himself had always ârejected inflation as stupid and senselessâ, the letter stressed that âReichsbank gold and foreign exchange reserves were âno longer availableââ, that the trade deficit was ârising sharplyâ and that âprice and wage controls were no longer working effectivelyâ. With the volume of notes in circulation accelerating, state finances were bluntly described as âclose to collapseâ.
Linkage
Things Katy is reading.
âThe First Cause of Stability of Our Currency is the Concentration Campâ: Central Banker Solidarity on the road to Hitlerâs Czechoslovakian gold
in Notes on the CrisisJournal Club: An Investigation into Trans Joy
in Assigned MediaIn their paper âReducing the Joy Deficit in Sociology: A Study of Transgender Joy,â Shuster and Westbrook look to put a little more joy in the world, by researching not the pains and struggles that come with being trans but the reasons to celebrate who we are. This is much bigger than just trying to put a few glimmers in the way of an oppressed group. As they explain, the âjoy deficitâ âis particularly troubling, as joy is vital to human well-being. . . . As such, joy is sociologically relevant to fully understanding peopleâs lived experience.â
Shuster and Westbrook argue that because of this joy deficit, the narrative of the âtransgender person in miseryâ has become unfairly centered as the ânormalâ narrative of trans existence. According to them, itâs become the dominant way that cisgender people view us, and also the dominant way that we see ourselves. Shuster and Westbrook argue that itâs not only unhelpful, but also just plain false, to paint trans people as fundamentally miserable beings.
Business owners are buying into a bogus myth about driving
in VoxIn New York City, where the majority of residents donât own a car, it seems odd to assert that a policy benefitting transit users, pedestrians, and cyclists is bad for attracting customers. Commuters who drive into Manhattan have significantly higher incomes than others who work in the borough, so Hochulâs claim that killing congestion pricing would relieve New Yorkâs cost of living crisis is just as suspect.
Even if Hochul is telling the truth about restaurateursâ complaints, theyâre still a terrible justification for her flip-flop on congestion pricing. The same goes for public leaders elsewhere who scuttle other urban transportation reforms that merchants often loathe, such as replacing street parking with dedicated lanes for bikes and buses. When it comes to shoppersâ travel habits, small business owners simply donât know what theyâre talking about â and not just in New York.
In study after study in city after city around the world, researchers have found that merchants exaggerate the share of patrons who arrive by car and undercount those who walk, bike, or ride transit. Those misperceptions lead them to oppose transportation reforms that would limit the presence of cars and make urban neighborhoods cleaner, more pleasant, and less polluted â and would likely increase spending at their business, too.
A veteran teacher turned coach shadows 2 students for 2 days â a sobering lesson learned
in Authentic EducationKey Takeaway #1
Students sit all day, and sitting is exhausting.
I could not believe how tired I was after the first day. I literally sat down the entire day, except for walking to and from classes. We forget as teachers, because we are on our feet a lot â in front of the board, pacing as we speak, circling around the room to check on student work, sitting, standing, kneeling down to chat with a student as she works through a difficult problemâŠwe move a lot.
But students move almost never. And never is exhausting.[âŠ]
Key Takeaway #2
High School students are sitting passively and listening during approximately 90% of their classes. [âŠ]I asked my tenth-grade host, Cindy, if she felt like she made important contributions to class or if, when she was absent, the class missed out on the benefit of her knowledge or contributions, and she laughed and said no.
I was struck by this takeaway in particular because it made me realize how little autonomy students have, how little of their learning they are directing or choosing. I felt especially bad about opportunities I had missed in the past in this regard.[âŠ]
Key takeaway #3
You feel a little bit like a nuisance all day long.
I lost count of how many times we were told be quiet and pay attention. Itâs normal to do so â teachers have a set amount of time and we need to use it wisely. But in shadowing, throughout the day, you start to feel sorry for the students who are told over and over again to pay attention because you understand part of what they are reacting to is sitting and listening all day. [âŠ] They have had enough.
The summer that exposed the anti-trans movement
in Politics.co.ukA solid summary of a distressing few months that seemed to go on for years.
A few weeks ago an anonymous person threatened to kill my friend. Her crime: being trans. This sort of thing is depressingly familiar to anyone who dares to be or support trans online. Away from the darker reaches of the internet, however, the so called âgender criticalâ (what I understand to be âanti-transâ) movement enjoys platforms in national media and access to the highest corridors of power. The health secretary, Wes Streeting, has even appeared to make high profile statements in support. This summer, however, the GC movementâs claims to legitimacy crumbled.
Judith Butler, a titan of feminist academia, argues that the movement enforces the patriarchal gender norms favoured by the religious and far-right. âMenâ and âwomenâ are confined to tightly defined stereotypes and anyone who deviates is punished. It would explain why GCs receive support from authoritarians like Vladimir Putin, and far right politicians like Giorgia Meloni.
One might be forgiven for thinking the GC movement spent the summer trying to prove Butler right.
The 19th Explains: How bathroom bans on federal property would impact trans Americans
in The 19thIt's intentionally the opposite of public safety. It's giving violent bigots carte blanche to assault any woman who doesn't meet their expectations of femininity. It's not designed to "work"; it's designed to sow chaos and fear.
These state bathroom bans provide few, if any details about how they would be enforced because they donât need to â private citizens are often meant to be the enforcers, said Logan Casey, director of policy research at the Movement Advancement Project, a nonprofit that tracks LGBTQ+ legislation.
âThe way that the laws are de facto enforced is often through the emboldening of private individuals to police other peopleâs bathroom use,â he said. âThereâs no written enforcement because the proponents of these bills know that just by talking about this, let alone enacting these laws, that they are emboldening individual people themselves to enforce these bathroom bans.â
A recent example that takes this formula to an extreme can be seen in Odessa, Texas. A new expansion of the West Texas townâs ordinance allows individual citizens to sue transgender people caught using bathrooms that match their gender identity and seek âno less than $10,000 in damages,â per the Texas Tribune.
Deputizing private citizens to enforce this kind of law enables high rates of harassment and violence against transgender people as well as cisgender people, Casey said, particularly women who do not conform to traditional ideas of femininity.
Economic Termites Are Everywhere
The "little fish" in sellers' inflation:
The concept of an economic termite is the cousin to Cory Doctorowâs âenshittificationâ or Yves Smithâs âcrapification,â terms that describe how a platform gradually degrades the quality of its service as it gains market power and gets pushed to extract cash by financiers. Economic termites describes where these same forces get into the mostly unseen business foundations of our society and profiteer.
These termites are in the infrastructure or guts of business, like recruiting services, construction equipment or software, the industrial gasses that go into chemicals and electronics, and so forth. Itâs the stuff you donât see that makes our world turn, thereâs fortunes to be made, and bottlenecks to foster.
They also explain a dynamic we all face, a profound wariness in our society, a sense that stuff just costs more and is more difficult, for no discernible reason. Added up, these end up sapping our faith in the American system, because they make what seem like simple problems become not just unsolvable, but not even capable of being diagnosed. In this issue, Iâll cover some of the companies you donât realize are gnawing at the foundation of our society - Verisign, Autodesk, Linde, Assa Abloy, Gracenote, and LinkedIn. And yes, there are legal tools to address them. But first we have to realize that these bottlenecks are everywhere.
Cis Mom Harassed by Transphobes After Winning Half-Marathon
in Assigned MediaThe trans community predicted well in advance that cis women would inevitably wind up being targeted by the growing anti-trans hysteria, and that, because trans women are relatively uncommon, the majority of the harassment would ultimately be targeting cisgender women. That has sadly turned out to be the case as members of the public whoâve been whipped into a transmisogynistic frenzy look to vent their rage on any women who doesnât adequately perform femininity. The harassment of Harold after her half-marathon is just the latest in a growing list of similar incidents. Some of these have been relatively mild, such as fleeting encounters in public restrooms where cis women have been challenged or treated disrespectfully by people who believed that they were trans. A few, however, have been violent, including an incident where a woman was maced, dragged, and kicked after a shop attendant got the mistaken idea she was transgender, and one where a woman was murdered by a man who falsely believed her to be transgender. Both of the victims of violent attacks were Black women, who are believed to be particularly vulnerable to transmisogyny, included misdirected transmisogyny.
Incidents like these, where cis women wind up as targets for hatred and harassment intended for trans women, provide an opportunity to shine a spotlight on just how ugly and pointless the anti-trans panic is, even as harassment and violence towards trans women is often ignored and downplayed. However, it also speaks to the irony of a hate campaign that targets a group of women who are small in number, risk averse, and difficult to distinguish from other women. Cis women donât just wind up as frequent targets of anti-trans hate by accident, they wind up as targets of anti-trans hate because the loathing and violent anger engendered by the anti-trans movement has to vent itself on somebody, and there arenât enough visible trans women to slake the bloodlust.
The Politics of Cultural Despair
The smug, self-righteous âmoralâ crusade against Trump stokes the national reality television show that has replaced journalism and politics. It reduces a social, economic and political crisis to the personality of Trump. It refuses to confront and name the corporate forces responsible for our failed democracy. It allows Democratic politicians to blithely ignore their base - 77 percent of Democrats and 62 percent of independents support an arms embargo against Israel. The open collusion with corporate oppression and refusal to heed the desires and needs of the electorate neuters the press and Trump critics. These corporate puppets stand for nothing, other than their own advancement. The lies they tell to working men and women, especially with programs such as the North American Free Trade Agreement (NAFTA), do far more damage than any of the lies uttered by Trump.
Oswald Spengler in âThe Decline of the Westâ predicted that, as Western democracies calcified and died, a class of âmonied thugs,â people such as Trump, would replace the traditional political elites. Democracy would become a sham. Hatred would be fostered and fed to the masses to encourage them to tear themselves apart.
The American dream has become an American nightmare.
The social bonds, including jobs that gave working Americans a sense of purpose and stability, that gave them meaning and hope, have been sundered. The stagnation of tens of millions of lives, the realization that it will not be better for their children, the predatory nature of our institutions, including education, health care and prisons, have engendered, along with despair, feelings of powerlessness and humiliation. It has bred loneliness, frustration, anger and a sense of worthlessness.
Some lessons of the 2024 election
I have thoughts backed up, many of them, obviously. As election day approached, I found myself thinking more and more about Lakoff, in the context of the New Republicans' ability to convey a narrative about who they are and what they stand for. It's monstrous, but has a kind of coherence. By contrast the Democrats don't have anything like that. As an institution, they are a moral and civil vacuum. They are rightly seen as calculating and untrustworthy.
However I take issue with Duran and Lakoff's assertion that the Democrats were practicing identity politics. If anything they were doing quite the reverse: identity complacency. The Republicans have been wielding identity politics frighteningly effectively.
In 2024, Kamala Harris tried to move to the right to find the mythical âcenter.â It didnât work. Moving to the right doesn't get you to the center â because there is no center. When a Democratic politician moves to "the right" during an election, it erodes their authenticity. In fact, such tactics might have demotivated Democratic voters who were disillusioned to see their candidate running as a Republican Lite.
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Moving forward, Democrats must stop making these superficial, last-minute lurches toward Republican ideas. They must frame the case not as left or right, but for the people and the public good. Moving to the right only convinces voters that the right has better ideas. It's a desperate short-term strategy with harmful long-term consequences.
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Especially helpful to Trump were large social media accounts that thrive on engagement from outraged Democrats. As in 2016, Trumpâs "opponents" created a parasitic economy in which constant outrage over Trump's every utterance was the name of the game. Again, this was a massive failure â because focusing attention on Trumpâs power â even his power to harm â helps Trump. (Don't expect these professional social media hounds to change their tactics. Amplifying Trump is their bread and butter.)
The attacks on Trump managed to help spread his message far and wide. If Democrats and the liberal press had spent less time reacting to Trump, they might have done a lot better job of trumpeting â and trumpeting loudly â their own candidateâs positives.