Archive for September 25th, 2012|Daily archive page

World economy in freefall | Features | Fundweb

World economy in freefall | Features | Fundweb.

Worth reading… and global investment (read Keynes) has been so long in coming, no doubt for ultimately selfish reasons. This, despite the imminence of global climate change (aka: massively save and largely unpredictable weather), the precipitous decline of a lot of water and food resources (and their corresponding sequestration by those coming into and already in power).

Not exactly new observations but useful.

Grist

It isn’t your imagination: Political polarization has risen sharply in recent years. The Pew Research Center confirmed it in a recent poll.

Interestingly, Pew’s survey shows no similar rise in polarization along racial, gender, or religious lines — only political affiliation. What seems to have happened is not a change in value systems but a sorting of those value systems into more ideologically cohesive political parties. Conservatives have become Republicans; liberals have become Democrats.

It’s not just self-identified partisans. Poll Watch notes that it’s happening to Independents as well: “Independents who say they lean — but are not committed to — either party have grown further apart from each other, particularly in their views on the role and effectiveness of government.”

This process — not any decline in “civility” or whatever — explains the passing of the supposed Golden Age of Bipartisanship. Cooperation across party lines used to be…

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