The spirit and the dust.
“Dissolve,” says Death. The Spirit, “Sir,
I have another trust.”
Death doubts it, argues from the ground.
The Spirit turns away,
Just laying off, for evidence,
An overcoat of clay.
Well, guess.
Via Cafe Hayek, on Freedom to Choose.
I would ask does Geldof know when it's Christmas time in Ethiopia? As perhaps the fact that we celebrate Christmas a few weeks later on the 7th of January could have misled him into thinking we don't know when it is. Reassure him from us that, after his last three reminders, we are well aware and don't need any more prompting.and
The oft-quoted observation by Marx that "history repeats itself, first as tragedy, second as farce" applies here for both its acuteness and how it has become a cliche. The Band Aid songs reflect this pattern. They begin as an attempt to respond to catastrophe and then excise all historical context and specificity.and also
The political problem with these celebrity bashes, including the most recent legacy of Live 8 and its Make Poverty History allies just over nine years ago, is that dazzling, back-slapping performances resulted in lost focus when it came to structural power.
Later, we learnt that Adele had quietly made a private donation to Oxfam. But in the shallow, self-promoting world of celebrity, the simple and silent act of handing over money to charity is not the done thing – that’s what we impoverished plebs do.
Instead, the rich and famous donate their precious time, and for this they expect to be celebrated and congratulated, as if before they flashed their expensively whitened teeth in the video for a song, we had no idea that Ebola was a problem
...
It’s not the troops deployed to Sierra Leone who are going to make a real difference – that honour will go to Geldof and his merry army of pop stars...
Which all reminds me of something Noel Gallagher said during Live 8 nine years ago: “Correct me if I’m wrong, but are they hoping that one of these guys from the G8 is on a quick fifteen-minute break at Gleneagles and sees Annie Lennox seeing 'Sweet Dreams’ and thinks 'f**k me, she might have a point there, … we should really drop the debt, you know’. It’s not going to happen, is it?”
As explained in Reason.com:
Piketty is being celebrated for supposedly demonstrating that the deep structures of capitalism tend toward ever-greater inequality. But in the United States—the most unequal of all the advanced economies—the main explanation offered for the growing gap between rich and poor is that 100,000 or so corporate managers are being overpaid. What’s getting all the attention is Piketty’s depiction of rising inequality as the tragic flaw at the heart of the entire capitalist economic system. But what’s really going on, at least according to Piketty, is a comparatively narrow and shallow problem of corporate governance.
As far as those evil chemicals and big companies… Whole Foods brought in $12.9 billion last year. Monsanto brought in $14.9 billion last year. Don’t tell me that one of these companies is the big bad guy when one of them caters to people who can afford to spend $4 on a bottle of water and the other is building the technology that feeds starving people.
We have said it before, and Gordon Tullock says it again.