How Amazon’s quest for more, cheaper products has resulted in a flea market of fakes WaPo. “Despite Amazon’s algorithms designed to detect fakes, shoppers can type the phrase ‘YSL dupe’ into the site’s search bar and find knockoff handbags with Yves Saint Laurent’s logo.” Of course, the WSJ broke this story back in September.
Is There a Threat of a New Global Economic Crisis? Valdai Discussion Club
Policy Failure LRB. “Cowling’s mantra, in short, was that in the study of the past, there is only history, not theory; in the study of political history, there is only politics; in fighting the battle for power in Britain, there is only party.” Of the 30s….
Brexit: decline and fall EU Referendum
Boris Johnson Is Not Britain’s Donald Trump. Jeremy Corbyn Is. The Atlantic. I guess that’s why the Five Eyes are gonna cancel him (I mean with respect to intelligence sharing. Or do I?).
Le Mesurier Gets Cross Craig Murry
Tempers flare over rebuilding of Notre-Dame spire Agence France Presse
The worst-case scenario in Lebanon: Civil War Elijah J. Magnier. More volatility:
President Michel Aoun
You said that those who don't like the government should emigrate.
I am doing the exact reverse. I left 43 years ago. I am now in transit to Beirut, just to make sure YOU emigrate.
#LebanonProtests cc:@Gebran_Bassil #لبنان_ينتفض pic.twitter.com/yM2vZybypr
— Nassim Nicholas Taleb (@nntaleb) November 13, 2019
Bolivia’s Senate votes to appoint new chamber head, deputies Reuters. On the lithium theory, thread:
Was the coup in Bolivia a "lithium coup"? Lithium is a key raw material for the emerging renewable transition, needed for EVs & battery storage. I've spent the last year researching lithium in South America & globally, I have thoughts about the lithium coup argument. A thread 1/
— Thea Riofrancos (@triofrancos) November 14, 2019
A fungus is financing families in Pithoragarh People’s Archive of Rural India
South Koreans and Americans Agree on How to Deal With China Council on Foreign Relations
Behind the scenes of the $27bn Yahoo-Line merger Nikkei Asian Review
Hong Kong protests: government under fire from across political spectrum for inaction as protesters take over campuses, close Cross-Harbour Tunnel, block roads and firebomb rail tracks South China Morning Post
* * *
New Cold War
Ukrainegate impeachment saga worsens US-Russia Cold War (video) The Grayzone. Aaron Maté interviews Stephen Cohen.
Ukraine For Dummies Ray McGovern, Consortium News
What to Make of the First Day of Impeachment Hearings LawFare. Case for the prosecution.
What Impeachment Really Reveals About Ukraine The National Interest. Case for the defense.
The Two Irreconcilable Realities of the Impeachment Hearings Masha Gessen, The New Yorker. “The side of Reality One is acting as though this were a legal prosecution. The side of Reality Two is denying the prosecution’s legitimacy.”
Impeachment Is Redeeming the Blob Foreign Policy. So it’s all good.
Senate Democrats Join GOP to Back ‘Automatic Austerity’ Bill That Would Gut Social Programs, Hamstring Bold Policies Common Dreams. Getting up on my high horse for a moment: I really can’t think of a worse characterization for austerity proponents than “deficit scold,” though for some reason liberal Democrats like it. “Deficit scolds” are slaves to the ideas of long-dead economists and have caused a lot of suffering and death. They’re vicious sociopaths, not scolds.
Warren Wealth Tax Could Slow Economy, Early Analysis Finds NYT. From the from the Penn Wharton Budget Model: “[The model] assumed that the tax revenue would be used to reduce the national debt, a move that encourages growth in the Penn Wharton simulation.” All of a piece with the story above.
L’Affaire Joffrey Epstein
Imperial Collapse Watch
Climate Change May Be Blowing Up Arms Depots Scientific American
Missing the Big Picture on Poverty Reduction Project Syndicate. More on Banerjee, Duflo, and Kremer.
Against Economics David Graeber, NYRB (TW).
Antidote du jour (via):
See yesterday’s Links and Antidote du Jour here.