As inequality soars, the nervous super rich are already planning their escapes

January 26th, 2015

Hedge fund managers are preparing getaways by buying airstrips and farms in remote areas, former hedge fund partner tells Davos during session on inequality

With growing inequality and the civil unrest from Ferguson and the Occupy protests fresh in people’s mind, the world’s super rich are already preparing for the consequences. At a packed session in Davos, former hedge fund director Robert Johnson revealed that worried hedge fund managers were already planning their escapes. “I know hedge fund managers all over the world who are buying airstrips and farms in places like New Zealand because they think they need a getaway,” he said.

Johnson, who heads the Institute of New Economic Thinking and was previously managing director at Soros, said societies can tolerate income inequality if the income floor is high enough. But with an existing system encouraging chief executives to take decisions solely on their profitability, even in the richest countries inequality is increasing.

Johnson added: “People need to know there are possibilities for their children – that they will have the same opportunity as anyone else. There is a wicked feedback loop. Politicians who get more money tend to use it to get more even money.”

Global warming and social media are among the trends the 600 super-smart World Economic Forum staffers told its members to watch out for long before they became ubiquitous. This year, income inequality is fast moving up the Davos agenda – a sure sign of it is poised to burst into the public consciousness.

Jim Wallis, founder of Sojourners and a Davos star attraction after giving the closing address in 2014, said he had spent a lot of time learning from the leaders behind recent social unrest in Ferguson. He believes that will prove “a catalytic event” which has already changed the conversation in the US, bringing a message from those who previously “didn’t matter”.

So what is the solution to having the new voices being sufficiently recognised to actually change the status quo into one where those with power realise they do matter?

Clarke said: “Solutions are there. What’s been lacking is political will. Politicians do not respond to those who don’t have a voice In the end this is all about redistributing income and power.”

She added: “Seventy five percent of people in developing countries live in places that are less equal than they were in 1990.”

The panellists were scathing about politicians, Wallis describing them as people who held up wet fingers “to see which way the money is blowing in from.”

Author, philosopher and former academic Rebecca Newberger-Goldstein saw the glass half full, drawing on history to prove society does eventually change for the better. She said Martin Luther King was correct in his view that the arch of history might be long, but it bends towards justice.

In ancient Greece, she noted, even the greatest moralists like Plato and Aristotle never criticised slavery. Newberger-Goldstein said: “We’ve come a long way as a species. The truth is now dawning that everybody matters because the concept of mattering is at the core of every human being.” Knowing you matter, she added, is often as simple as having others “acknowledge the pathos and reality of your stories. To listen.”

Mexican micro-lending entrepreneur Carlos Danel expanded on the theme. His business, Gentera, has thrived by working out that “those excluded are not the problem but realising there’s an opportunity to serve them.”

He added: “Technology provides advantages that can lower costs and enable us to provide products and services that matter to the people who don’t seem to matter to society. And that’s beyond financial services – into education and elsewhere.”

Which, Danel believes, is why business was created in the first place – to serve. A message that seemed to get lost somewhere in the worship of profit.

– To the original:

– Research thanks to Kierin M.

‘It is profitable to let the world go to hell’

January 22nd, 2015

As politicians and business leaders gather in Davos, climate expert Jørgen Randers argues that democracy will continue to hamper climate action

How depressed would you be if you had spent more than 40 years warning of an impending global catastrophe, only to be continually ignored even as you watch the disaster unfolding?

So spare a thought for Jørgen Randers, who back in 1972 co-authored the seminal work Limits to Growth (pdf), which highlighted the devastating impacts of exponential economic and population growth on a planet with finite resources.

As politicians and business leaders gather in Davos to look at ways to breathe new life into the global battle to address climate change, they would do well to listen to Randers’ sobering perspective.

The professor of climate strategy at the Norwegian Business School has been pretty close to giving up his struggle to wake us up to our unsustainable ways, and in 2004 published a pessimistic update of his 1972 report showing the predictions made at the time are turning out to be largely accurate.

What he cannot bear is how politicians of all persuasions have failed to act even as the scientific evidence of climate change mounts up, and as a result he has largely lost faith in the democratic process to handle complex issues.

In a newly published paper in the Swedish magazine Extrakt he writes:

It is cost-effective to postpone global climate action. It is profitable to let the world go to hell.

I believe that the tyranny of the short term will prevail over the decades to come. As a result, a number of long-term problems will not be solved, even if they could have been, and even as they cause gradually increasing difficulties for all voters.

Randers says the reason for inaction is that there will be little observable benefit during the first 20 years of any fiscal sacrifice, even though tougher regulations and taxes will guarantee a better climate for our children and grandchildren.

He has personal experience of this, having chaired a commission in Norway that in 2006 came up with a 15-point plan to solve the climate problem if every Norwegian was willing to pay €250 (£191) in extra taxes every year for the next generation or so.

If the plan had been given the green light, it would have allowed the country to cut its greenhouse gas emissions by two-thirds by 2050 and provide a case study other rich countries could learn from.

He says:

In my mind, the cost was ridiculously low, equivalent to an increase in income taxes from 36% to 37%, given that this plan would eliminate the most serious threat to the rich world in this century.

In spite of this, a vast majority of Norwegians were against this sacrifice. To be frank, most voters preferred to use the money for other causes – like yet another weekend trip to London or Sweden for shopping.

When it comes to more regulation or higher taxes, Randers says voters tend to revolt and, as a result, politicians will continue to refuse to take courageous steps for fear of being thrown out of office at the next election.

“The capitalist system does not help,” says Randers. “Capitalism is carefully designed to allocate capital to the most profitable projects. And this is exactly what we don’t need today.

– More:

– research thanks to Kael L.

Prosecute Torturers and Their Bosses

January 20th, 2015

– If I were to consider renouncing my U.S. citizenship, this would be very near the top of the list of reasons why.  

– The U.S. executed Japanese soldiers after WWII as war criminals for doing the same stuff the U.S. did here and claimed it was OK.   I don’t think so.

“No amount of legal pretzel logic can justify the behavior detailed in the report. Indeed, it is impossible to read it and conclude that no one can be held accountable. At the very least, Mr. Obama needs to authorize a full and independent criminal investigation.”

– dennis

——————————-

Since the day President Obama took office, he has failed to bring to justice anyone responsible for the torture of terrorism suspects — an official government program conceived and carried out in the years after the attacks of Sept. 11, 2001.

He did allow his Justice Department to investigate the C.I.A.’s destruction of videotapes of torture sessions and those who may have gone beyond the torture techniques authorized by President George W. Bush. But the investigation did not lead to any charges being filed, or even any accounting of why they were not filed.

Mr. Obama has said multiple times that “we need to look forward as opposed to looking backwards,” as though the two were incompatible. They are not. The nation cannot move forward in any meaningful way without coming to terms, legally and morally, with the abhorrent acts that were authorized, given a false patina of legality, and committed by American men and women from the highest levels of government on down.

Americans have known about many of these acts for years, but the 524-page executive summary of the Senate Intelligence Committee’s report erases any lingering doubt about their depravity and illegality: In addition to new revelations of sadistic tactics like “rectal feeding,” scores of detainees were waterboarded, hung by their wrists, confined in coffins, sleep-deprived, threatened with death or brutally beaten. In November 2002, one detainee who was chained to a concrete floor died of “suspected hypothermia.”

These are, simply, crimes. They are prohibited by federal law, which definestorture as the intentional infliction of “severe physical or mental pain or suffering.” They are also banned by the Convention Against Torture, the international treaty that the United States ratified in 1994 and that requires prosecution of any acts of torture.

So it is no wonder that today’s blinkered apologists are desperate to call these acts anything but torture, which they clearly were. As the report reveals, these claims fail for a simple reason: C.I.A. officials admitted at the time that what they intended to do was illegal.

In July 2002, C.I.A. lawyers told the Justice Department that the agency needed to use “more aggressive methods” of interrogation that would “otherwise be prohibited by the torture statute.” They asked the department to promise not to prosecute those who used these methods. When the department refused, they shopped around for the answer they wanted. They got it from the ideologically driven lawyers in the Office of Legal Counsel, who wrote memos fabricating a legal foundation for the methods. Government officials now rely on the memos as proof that they sought and received legal clearance for their actions. But the report changes the game: We now know that this reliance was not made in good faith.

No amount of legal pretzel logic can justify the behavior detailed in the report. Indeed, it is impossible to read it and conclude that no one can be held accountable. At the very least, Mr. Obama needs to authorize a full and independent criminal investigation.

– More:

Scientists react to warmest year: 2014 underscores ‘undeniable fact’ of human-caused climate change

January 19th, 2015

In 134 years of temperature records, the warmth in 2014 exceeded them all, NOAA and NASA announced today.

Unsurpassed heating of the world’s oceans fueled the chart-topping warmth.

Ocean temperatures were more than 1 F above average, NOAA said.  They warmed to a new record even in the absence of an El Niño event, a naturally occurring cycle of ocean heating in the tropical Pacific.

“This is the first year since 1997 that the record warmest year was not an El Niño year at the beginning of the year, because the last three have been,”  Gavin Schmidt, who directs the NASA Goddard Institute for Space Studies, told the Post’s Chris Mooney.

Related: It’s official: 2014 was the hottest year in recorded history(Washington Post Wonk Blog)

Land temperatures weren’t quite record-setting, but still ranked 4th warmest since the start of the data set in 1880. California, much of Europe, including the United Kingdom, and parts of Australia all experienced their warmest years.

News of record global warmth may surprise residents of the eastern U.S., which witnessed colder than normal temperatures in 2014. But the chill was an anomaly and, in fact, the eastern U.S. was among the coolest areas of the world compared to normal.

In NOAA’s analysis of global temperatures, 7 of 12 months in 2014 reached record highs, including December.

Thirteen of the warmest 15 years on record have occurred since the year 2000 according to Climate Central, a non-profit science communications organization based in Princeton, New Jersey. The likelihood of this happening by chance, with the assistance of manmade greenhouse emissions, is less than 1 in 27 million, it calculated.

– More:

 

Planetary Boundaries 2.0 – new and improved

January 18th, 2015

As Science publishes the updated research, four of nine planetary boundaries have been crossed

Four of nine planetary boundaries have now been crossed as a result of human activity, says an international team of 18 researchers in the journal Science (16 January 2015). The four are: climate change, loss of biosphere integrity, land-system change, altered biogeochemical cycles (phosphorus and nitrogen).

Two of these, climate change and biosphere integrity, are what the scientists call “core boundaries”. Significantly altering either of these “core boundaries” would “drive the Earth System into a new state”.

“Transgressing a boundary increases the risk that human activities could inadvertently drive the Earth System into a much less hospitable state, damaging efforts to reduce poverty and leading to a deterioration of human wellbeing in many parts of the world, including wealthy countries,” says Lead author, Professor Will Steffen, researcher at the Centre and the Australian National University, Canberra. “In this new analysis we have improved our quantification of where these risks lie.”

Other co-authors from the Centre are Johan Rockström, Sarah Cornell, Ingo FetzerOonsie Biggs, Carl Folke and Belinda Reyers.

Request publication

What’s new?
The new paper is a development of the Planetary Boundaries concept, which was first published in 2009, identifying nine global priorities relating to human-induced changes to the environment. The science shows that these nine processes and systems regulate the stability and resilience of the Earth System – the interactions of land, ocean, atmosphere and life that together provide conditions upon which our societies depend.

The research builds on a large number of scientific publications critically assessing and improving the planetary boundaries research since its original publication. It confirms the original set of boundaries and provides updated analysis and quantification for several of them, including phosphorus and nitrogen cycles, land-system change, freshwater use and biosphere integrity.

Though the framework keeps the same processes as in 2009, two of them have been given new names, to better reflect what they represent, and yet others have now also been assessed on a regional level.

“Loss of biodiversity” is now called “Change in biosphere integrity.” Biological diversity is vitally important, but the framework now emphasises the impact of humans on ecosystem functioning. Chemical pollution has been given the new name “Introduction of novel entities,” to reflect the fact that humans can influence the Earth system through new technologies in many ways.

“Pollution by toxic synthetic substances is an important component, but we also need to be aware of other potential systemic global risks, such as the release of radioactive materials or nanomaterials,” says Sarah Cornell, coordinator of the Planetary Boundaries research at the Centre. “We believe that these new names better represent the scale and scope of the boundaries,” she continues.

In addition to the globally aggregated Planetary Boundaries, regional-level boundaries have now been developed for biosphere integrity, biogeochemical flows, land-system change and freshwater use. At present only one regional boundary (South Asian Monsoon) can be established for atmospheric aerosol loading.

Nine planetary boundaries
1. Climate change
2. Change in biosphere integrity (biodiversity loss and species extinction)
3. Stratospheric ozone depletion
4. Ocean acidification
5. Biogeochemical flows (phosphorus and nitrogen cycles)
6. Land-system change (for example deforestation)
7. Freshwater use
8. Atmospheric aerosol loading (microscopic particles in the atmosphere that affect climate and living organisms)
9. Introduction of novel entities (e.g. organic pollutants, radioactive materials, nanomaterials, and micro-plastics).

– More:

The rate of sea-level rise is ‘far worse than previously thought,’ study says

January 18th, 2015

Researchers have come up with a new and improved way of measuring the rise in the sea level, and the news is not good: The seas have risen dramatically faster over the last two decades than anyone had known.

For hundreds of years, the seas were measured by more or less the equivalent of plopping a yard stick into the ocean and seeing if the ocean went up or down. But now, that method looks to be outdated.

According to a new study published on Wednesday in Nature, the new method involves an advanced statistical model that analyzes all of the factors contributing to sea rise. It has yielded what appears to be a much more accurate picture of the oceans and suggests previous studies had severely underestimated the acceleration of recent sea rise.

“What this paper shows is that the sea-level acceleration over the past century has been greater than had been estimated by others,” lead writer Eric Morrow said in a statement. “It’s a larger problem than we initially thought.” Co-author Carling Hay added in an interview with BBC: “The acceleration into the last two decades is far worse than previously thought. This new acceleration is about 25 percent higher than previous estimates.”

– More:

 

Science Says Lasting Relationships Come Down To 2 Basic Traits

December 13th, 2014

– I like it when science ends up saying what many of us have known intuitively.  

– There’s a lot of wisdom in this piece and, if you can see that your relationship isn’t likely to endure after reading this, I’d suggest you deal with your relationship ASAP by making it your highest priority.  

– Either mend it or end it.  

– Life is far too short to waste a significant part of it enduring a relationship rather than reveling in it.  

– It’s your life.  Make it into what you want it to be and remember, there’s no more powerful technique to shape your life than to give away that which you want to get.

– dennis

= = = = = = = = = = = = = = = = = = = = = = = = = = =

Science says lasting relationships come down to—you guessed it—kindness and generosity.

Every day in June, the most popular wedding month of the year, about 13,000 American couples will say “I do,” committing to a lifelong relationship that will be full of friendship, joy, and love that will carry them forward to their final days on this earth.

Except, of course, it doesn’t work out that way for most people.

The majority of marriages fail, either ending in divorce and separation or devolving into bitterness and dysfunction.

Of all the people who get married, only three in ten remain in healthy, happy marriages, as psychologist Ty Tashiro points out in his book “The Science of Happily Ever After,” which was published earlier this year.

Social scientists first started studying marriages by observing them in action in the 1970s in response to a crisis: Married couples were divorcing at unprecedented rates. Worried about the impact these divorces would have on the children of the broken marriages, psychologists decided to cast their scientific net on couples, bringing them into the lab to observe them and determine what the ingredients of a healthy, lasting relationship were.

Was each unhappy family unhappy in its own way, as Tolstoy claimed, or did the miserable marriages all share something toxic in common?

Psychologist John Gottman was one of those researchers. For the past four decades, he has studied thousands of couples in a quest to figure out what makes relationships work. I recently had the chance to interview Gottman and his wife Julie, also a psychologist, in New York City. Together, the renowned experts on marital stability run The Gottman Institute, which is devoted to helping couples build and maintain loving, healthy relationships based on scientific studies.

John Gottman began gathering his most critical findings in 1986, when he set up “The Love Lab” with his colleague Robert Levenson at the University of Washington. Gottman and Levenson brought newlyweds into the lab and watched them interact with each other.

With a team of researchers, they hooked the couples up to electrodes and asked the couples to speak about their relationship, like how they met, a major conflict they were facing together, and a positive memory they had. As they spoke, the electrodes measured the subjects’ blood flow, heart rates, and how much they sweat they produced. Then the researchers sent the couples home and followed up with them six years later to see if they were still together.

From the data they gathered, Gottman separated the couples into two major groups: the masters and the disasters. The masters were still happily together after six years. The disasters had either broken up or were chronically unhappy in their marriages.

When the researchers analyzed the data they gathered on the couples, they saw clear differences between the masters and disasters. The disasters looked calm during the interviews, but their physiology, measured by the electrodes, told a different story. Their heart rates were quick, their sweat glands were active, and their blood flow was fast. Following thousands of couples longitudinally, Gottman found that the more physiologically active the couples were in the lab, the quicker their relationships deteriorated over time.

But what does physiology have to do with anything? The problem was that the disasters showed all the signs of arousal — of being in fight-or-flight mode — in their relationships. Having a conversation sitting next to their spouse was, to their bodies, like facing off with a saber-toothed tiger.

Even when they were talking about pleasant or mundane facets of their relationships, they were prepared to attack and be attacked. This sent their heart rates soaring and made them more aggressive toward each other. For example, each member of a couple could be talking about how their days had gone, and a highly aroused husband might say to his wife, “Why don’t you start talking about your day. It won’t take you very long.”

– More…

 

 

This Physicist Has A Groundbreaking Idea About Why Life Exists

December 12th, 2014

– An interesting idea and one, I think, that needs to be pushed. But, I don’t think it is original in any real sense.

– One of the most insightful and influential books I’ve ever read is “Into the Cool – Energy flow, Thermodynamics and Life” (2005) by Schneider and Sagan.

– In it, they very effectively make the point that the logic and the fundamental nature of the Second Law of Thermodynamics explains how and why matter tends to assemble itself into ever more complex forms in the presence of excess energy. Part of what they were saying, I worked out for myself years ago but the final bit they provided to pull it all together and I find it more convincing than anything else I’ve heard.

– dennis

= = = = = = = = = = = = = = = = = = = =

Why does life exist?

Popular hypotheses credit a primordial soup, a bolt of lightning, and a colossal stroke of luck.

But if a provocative new theory is correct, luck may have little to do with it. Instead, according to the physicist proposing the idea, the origin and subsequent evolution of life follow from the fundamental laws of nature and “should be as unsurprising as rocks rolling downhill.”

From the standpoint of physics, there is one essential difference between living things and inanimate clumps of carbon atoms: The former tend to be much better at capturing energy from their environment and dissipating that energy as heat.

Jeremy England, a 31-year-old assistant professor at the Massachusetts Institute of Technology, has derived a mathematical formula that he believes explains this capacity. The formula, based on established physics, indicates that when a group of atoms is driven by an external source of energy (like the sun or chemical fuel) and surrounded by a heat bath (like the ocean or atmosphere), it will often gradually restructure itself in order to dissipate increasingly more energy. This could mean that under certain conditions, matter inexorably acquires the key physical attribute associated with life.

“You start with a random clump of atoms, and if you shine light on it for long enough, it should not be so surprising that you get a plant,” England said.

England’s theory is meant to underlie, rather than replace, Darwin’s theory of evolution by natural selection, which provides a powerful description of life at the level of genes and populations. “I am certainly not saying that Darwinian ideas are wrong,” he explained. “On the contrary, I am just saying that from the perspective of the physics, you might call Darwinian evolution a special case of a more general phenomenon.”

His idea, detailed in a paper and further elaborated in a talk he is delivering at universities around the world, has sparked controversy among his colleagues, who see it as either tenuous or a potential breakthrough, or both.

England has taken “a very brave and very important step,” said Alexander Grosberg, a professor of physics at New York University who has followed England’s work since its early stages. The “big hope” is that he has identified the underlying physical principle driving the origin and evolution of life, Grosberg said.

– More…

 

Powerful, highly stealthy Linux trojan may have infected victims for years

December 10th, 2014

Backdoor tied to espionage campaign that has targeted governments in 45 countries.

Researchers have uncovered an extremely stealthy trojan for Linux systems that attackers have been using to siphon sensitive data from governments and pharmaceutical companies around the world.

The previously undiscovered malware represents a missing puzzle piece tied to “Turla,” a so-called advanced persistent threat (APT) disclosed in August by Kaspersky Lab and Symantec. For at least four years, the campaign targeted government institutions, embassies, military, education, research, and pharmaceutical companies in more than 45 countries. The unknown attackers—who are probably backed by a nation-state, according to Symantec—were known to have infected several hundred Windows-based computers by exploiting a variety of vulnerabilities, at least two of which were zero-day bugs. The malware was notable for its use of a rootkit that made it extremely hard to detect.

Now researchers from Moscow-based Kaspersky Lab have detected Linux-based malware used in the same campaign. Turla was already ranked as one of the top-tier APTs, in the same league as the recently disclosed Regin for instance. The discovery of the Linux component suggests it is bigger than previously thought and may presage the discovery of still more infected systems.

“The [Turla] operations are being carried out in broader environments than we previously knew,” Kaspersky Lab expert Kurt Baumgartner told Ars. “All the other stuff we’ve seen from Turla has been windows based. This piece of the puzzle shows us that they do not limit themselves.”

…More:  

 

Exposed: NSA program for hacking any cell phone network, no matter where it is

December 8th, 2014

– Worth noting how high the percentage is for New Zealand in the chart which you can find in the original article.

– dennis

= = = = = = = = = = = = = = = = = = = =

The National Security Agency has spied on hundreds of companies and groups around the world, including in countries allied with the US government, as part of an effort designed to allow agents to hack into any cellular network, no matter where it’s located, according to a report published Thursday.

Armed with technical details of a specific provider’s current or planned networks, agents secretly attempt to identify or introduce flaws that will make it possible for communications to be covertly tapped, according to an article published by The Intercept. Security experts warned that programs that introduce security flaws or suppress fixes for existing vulnerabilities could cause widespread harm, since the bugs can also be exploited by criminal hackers or governments of nations around the world.

“Even if you love the NSA and you say you have nothing to hide, you should be against a policy that introduces security vulnerabilities,” Karsten Nohl, a cryptographer and smartphone security expert, told The Intercept. “Because once NSA introduces a weakness, a vulnerability, it’s not only the NSA that can exploit it.”

t’s not the first time the US agency has been reported to introduce backdoors into widely used technologies. Last year documents provided by former NSA subcontractor Edward Snowden—the same source for documents supporting Thursday’s story by The Intercept—showed that the NSA worked with standards bodies to adopt encryption technologies with known vulnerabilities in them. Two weeks later, the RSA division of EMC warned customers to stop using the default configuration of its BSAFE BSAFE toolkit and Data Protection Manager because it contained code reported to contain an NSA-engineered vulnerability.

The program reported Thursday, codenamed AURORAGOLD, has monitored messages sent and received by more than 1,200 email accounts associated with large cell phone operators around the world. One surveillance target is the GSM Association (GSMA), a UK-based group that works with Microsoft, Facebook, AT&T, Cisco Systems, and many other companies to ensure their hardware and software related to cellular technology is compatible. At the same time the NSA has been monitoring the group, other arms of the US government has funded GSMA programs designed to boost privacy on mobile networks. According to The Intercept:

The NSA focuses on intercepting obscure but important technical documents circulated among the GSMA’s members known as “IR.21s.”

Most cellphone network operators share IR.21 documents among each other as part of agreements that allow their customers to connect to foreign networks when they are “roaming” overseas on a vacation or a business trip. An IR.21, according to the NSA documents, contains information “necessary for targeting and exploitation.”

The details in the IR.21s serve as a “warning mechanism” that flag new technology used by network operators, the NSA’s documents state. This allows the agency to identify security vulnerabilities in the latest communication systems that can be exploited, and helps efforts to introduce new vulnerabilities “where they do not yet exist.”

The IR.21s also contain details about the encryption used by cellphone companies to protect the privacy of their customers’ communications as they are transmitted across networks. These details are highly sought after by the NSA, as they can aid its efforts to crack the encryption and eavesdrop on conversations.

Last year, The Washington Post reported that the NSA had already managed to break the most commonly used cellphone encryption algorithm in the world, known as A5/1. But the information collected under AURORAGOLD allows the agency to focus on circumventing newer and stronger versions of A5 cellphone encryption, such as A5/3.

The documents note that the agency intercepts information from cellphone operators about “the type of A5 cipher algorithm version” they use, and monitors the development of new algorithms in order to find ways to bypass the encryption.

NSA documents show that AURORAGOLD focuses on collecting details about virtually all technical standards used by cell phone operators.

– to the original article: