Monday, April 03, 2023

Monday Afternoon Links

Miscellaneous material to start your week.

- Umair Haque writes about the implications of facing a deliberate decline in both environmental and economic well-being for the sole purpose of facilitating the short-term extraction of profits. Daniel Gilbert, Todd Frankel and Joseph Menn report on Silicon Valley Bank's choice to discard any risk modeling that accurately pointed out the dangers of its lending strategy before its collapse. Bryce Covert weighs in on how the Federal Reserve's determination to squelch economic and wage growth (but not the profiteering which is the actual cause of inflation) represents little more than class war against workers. And Peter Hannam reports on a study showing how Australia's tax system has been set up to make taxpayers fund inheritances for the super-wealthy at the expense of social programs and benefits. 

- Zia Weise and Federica Di Sario report on Antonio Gutteres' call for wealthy countries to accelerate their commitments to stop emitting carbon pollution. Geoff Dembicki's Senate testimony highlights the need to investigate the fraud of the fossil fuel sector in sowing doubt about science that it knew to be accurate. Yves Smith discusses why market fundamentalism is utterly incompatible with averting climate breakdown. And Stephanie Roe offers a reminder of the ways to help at the individual level - even if they need to be paired with major systemic progress. 

- Euan Thomson and Petra Schulz comment on Pierre Poilievre's rage farming in the face of any empirical reality when it comes to harm reduction - though of course the principle applies to all kinds of policy areas. 

- Shawn Micallef points out John Tory's grim legacy as the mayor of Toronto bent on impeding any social progress in the name of austerity while still harming the city's finances in the process. And Mario Canseco discusses new polling showing that a strong majority of Canadians favour 15-minute cities and the underlying principle of accessible communities (even in the face of the petro-right's rage machine). 

- Finally, John Sewell writes that anybody actually wanting to reduce crime (rather than stoking an environment of fear) should be working on ensuring people have the necessities of life, rather than pouring money into arming police forces. 

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