Tag: Elite

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Culture Politics

Day 1301 and Coming to America

The leadership of any powerful industry naturally has some vested interests. You assume this is obvious but to give Kamala Harris’s mother her due “”You exist in the context of all in which you live and what came before you.”

That is actually a pretty conservative viewpoint to have. What if you can’t upend all the systems around you even if you’d like to apply something demonstrably better. Technology isn’t just gadgets. There are social technologies too. Media and money are both in that category. And it’s taken time to integrate both.

How we perceive each other and what we are owed relies a lot on both “what we’ve always done.” I think investors actually have reasonably good intuition that most “insane invention that breaks with all we’ve ever known” happens in spite of human nature and not because of it.

I am absolutely fascinated by how others read history in light of this fact. We highlight revolutions and change but as any good “nothing ever happens” nerd will tell you it takes forever.

So if you think something is going to change for good you need to make the case consistently over time. And one thing that just doesn’t change that fast is who is in charge.. Haves and have nots. The people who make the rules and the people who follow them. How you became a member of the class of people who make those decisions versus the class of person who accepts their decision is basically the TLDR of civilization. Classism appears to be incredibly hard to shake and we reorganize regularly to praise our betters.

America likes to tell itself a lot of stories about our rebellion against monarchy but it’s mostly a story about who gets to keep the wealth. Answering to your betters is enforced eventually with the pointy end of the stick and you can decide then how much you have to lose. If it’s enough (or very little) that’s when you get in trouble.

America being a break with British mercantilism has a pretty happy end of colonialism story. That isn’t true everywhere. Plenty of place kept their ruling classes with plenty of social benefits. Bread and circus is now healthcare and collegiate education. This expansion of prosperity has not gone evenly for everyone.

Socialism and classism in other countries really benefit America. Capitalism literally pulls people here despite our backwards immigration system that is actively hostile to bringing in this amazing talent. In America we’ve had a fantastically successful diaspora of India’s upper classes thanks to their history.

Welcoming in the everyone is one of America’s most cherished narratives but we we have done a lot to cherry pick other country’s the best and brightest who are otherwise stymied in political and social systems who don’t recognize them.

So when the markets crater I think it tells you something about how we all feel everyone else must feel. Some interests don’t feel good about Kamala Harris. Technology stocks cratered. Lockheed Martin on the other hand was up in the markets today.

Maybe that tells you something about who is and isn’t more established in the hierarchies of America. Maybe that should influence your actions. QQQ is not brat but the Styles section is very happy. Shondaland might have gotten the “we’d get rid of race but never class” thing right on Bridgerton after all. Anyways now is a great time to read your Thucydides.

Categories
Media Politics

Day 1280 and Campaign Season

I am very much beginning to wish I had not watched the presidential debates. I want to say it’s been amusing to watch the different flavors of panic, but it makes me feel a bit gross.

Schadenfreude feels like a cousin to envy. It’s a dirty vice you shouldn’t be swift to cultivate in yourself even if it’s a very human response. I’d prefer to cultivate what virtues I can embody even if imperfectly.

I don’t want to lose my head just because everyone else seems to be doing so but it’s hard not pay attention to the politics when it’s the 4th of July week. I know I can’t do anything about national politics so I continue locally and on issues where we can have clear impact like housing and regulatory reform.

It’s possible that having more hands on experience with on community boards and with local permitting made the more tangible aspects of “Yes In My Neighborhood” campaigns clear to me.

I would prefer to be active in my contributions and focus on solutions. Am I angry and afraid when I see national politics and grand geopolitical news? Of course. If I thought about it too much I’d remember that everyone involved is human just like me. Then I’d worry even more. So I’ll try to focus on moving what I can.

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Community Politics

Day 1277 and Don’t Lose Your Head

Everyone has their entertainment and mine is makes me a little bit of a stereotype. I hate podcasts but do most of my chores while listening to Bloomberg’s Odd Lots podcast.

I was catching up today with an interview with equities analyst Tom Lee. My attention got caught and stuck on his description of Bitcoin.

“Yes, Bitcoin is unlike other asset classes because there is a cooperative value. You know, the people who contribute to the network benefit from it. And that’s different than any other asset class.”

From Odd Lots: Why Tom Lee Thinks We Could See S&P 15,000 by 2030, Jun 24, 2024

Now I don’t think this is unique to Bitcoin. Cooperative value can be found in everything from nationalist politics to luxury handbag resale pricing. But I do this it’s important to have cooperative values be baked into a network for it accrue value.

We’ve traditionally mitigated concerns about market cooperation through clear property rights and legal protections. We’d backed up those claims with things as abstract as a monarch. We’ve evolved to it to the slightly more concrete full faith of the United States and Byzantine bodies of securities law. Fiduciary duty and all that.

But as we become less inclined to trust that the buck does in fact stop “anywhere” we are looking for ways to mitigate that risk. How to operate in a world without trust? You develop trustless protocols. Humans have plenty of intuitions about trust and many these intuitions struggle without a clear person with authority to act.

So I ask if we are heading into a “headless” age?

As distrust in institutional power struggles we are seeking out new ways to continue the business of life and civilization even if a high trust society is in question.

We’ve got networks like Bitcoin that work without a head. We have new corporate structures like decentralized autonomous organization (DAOs) that can operate strictly based on cooperative rules, and indeed now entire memetic cultures (like e/-cc) which hold power while being headless.

Lest you think this is some frontier tech idea that doesn’t apply to you we’ve headless content moderation systems & headless retail platforms. Huge swathes of financial tech is living above the API.

You could even argue that we’ve got headless political parties as the Democrats and Republicans both struggle with defacto heads nobody particular trusts. I don’t know if we can live in a headless democracy. Deciding who is a citizen is a very different matter than deciding who is a shareholder.

Categories
Politics

Day 1275 and Old Goat

I miss living in a world where nothing happens. I suspect well-off Americans took for granted the artificial smoothing of conflicts & markets that our global dominance granted. That era seems to be over. And blame must be apportioned.

Like many people, I watched the presidential debate last night between former President Trump and President Joe Biden. I had low expectations. It would seem they weren’t low enough.

You expect the lies from politicians. You expect spin from media commentators.

But nothing prepared me for the scapegoating of an old man clearly struggling. The entire chattering class, sensing weakness in Biden, seems to have decided to turn en mass.

A screenshot of headlines declaring Biden’s performance was a disaster.

Americans have many sins, not the least of which is tolerating a political establishment that is unable or unwilling to be held accountable.

Making a sacrifice of Biden when the hour is so late has the flavor of a desperate prayer. Placing those failures onto one symbol is powerful. Biden being subject to the ancient ritual in Leviticus was perhaps inevitable. The poor old goat deserved better than being made to carry the iniquities of us all.

Categories
Internet Culture Politics

Day 1272 and GWOT

As an elder millennial fascinated by the mass media I have a lot of mixed feelings on the American government and how it waged the “war on terror.”

It is heavy on my mind with the current news of Julien Assange’s agreement with the American government.

I think a lot about media, and in particular the technology that powers media. An informed population can still act in its own best interests but what we get told affects what we perceive as our best interests. And as we become more informed naturally some skepticism of the intentions of power arise.

Media affects how nation states wage wars. As we’ve evolved from print to television to radio to the internet how we sell the costs of war changed. But there are always populations who pay enough attention to be skeptical.

The open internet was born of that skepticism of government even so much of the technology emerged thanks to America’s heavy investment in defense industries.

Scientists used to have a wide range of politics and it’s not a surprise that defending American interests is a popular idea amongst people who work for the government. But maybe you see things and fight for more accountability along the way.

The GWOT unevenly affected millennials. If you were middle class your kid probably didn’t join up unless being in the service was how you got to being middle class. There was no draft.

Being in Colorado I had exposure to folks who worked for defense contractors as a lot of the private sector had settled around the cluster of talent from Boulder’s science labs down to the Air Force Academy in Fort Collins.

But there has been skepticism in all the branches of government as it became harder to control the narratives. And Americans don’t particularly like the idea of having propaganda even though I’d argue we produce and consumer enormous quantities of it as a nation.

I wish I could be more cogent about any of this. I am regularly shocked by how little people seem to remember how we prosecuted these long wars. We quickly forget.

Don’t be too sure human nature had changed. Don’t be too keen to give the government power because you are afraid. We’ve already seen what they do with it.

Categories
Community Politics

Day 1268 and Intergenerational

We seem to be stuck in a kind of 90s loop of “talk to the hand” intergenerational dismissal. Boomers can’t communicate with millennials, millennials can’t talk to anyone older or younger than them, Gen X is smugly off in the corner and Zoomers are stimming through an anxiety attack.

I myself have complex feelings about the choices older generations of Americans have made. I am not thrilled with the world we are inheriting.

But I am not so convinced we intergenerational relationships are doomed by the most selfish among us. Though I certainly see how looking at a ballot this year might give you the impression that the divide is impassable.

The time I spend in policy and politics gives me hope. It’s possible to find the bonds of past and future in working to find solutions. I see committed people from all generations trying to do their part. I’d like there to be more of us.

Categories
Culture Emotional Work

Day 1266 and Advice Is A Form of Nostalgia

There was a Baz Luhrmann song “Everybody’s Free” that became popular at graduations for millennials. It was delivered as advice for the class of 99 and became a cheesy but heartfelt touchstone for many millennials celebrations.

It is a tearjerker and contains some useful insights on nostalgia and advice.

Be careful whose advice you buy but be patient with those who supply it
Advice is a form of nostalgia, dispensing it is a way of fishing the past
From the disposal, wiping it off, painting over the ugly parts
And recycling it for more than it’s worth

But trust me on the sunscreen

Everybody’s Free

I had sunscreen on my mind when consider its wisdom, I was trying on a new SPF tinted moisturizer as I dragged through my morning routine tired from 3 weeks of Covid. I tweeted a one off idle thought about the nostalgic advice I’d been given about how to live my life.

It’s amusing to me that two of the biggest cultural trends for women in the 2010s, Marie Kondo’s “spark joy cleaning” and Sheryl Sanders’s “Lean In” got immediately tossed the moment their life circumstances changed.

If there is one thing the internet agrees on it’s that life is always more complicated than 140 characters. Coming to terms with we feel about the advice and cultural stories we were told is a touchy subject online. Even more so when it comes to what women should be doing.

We all have ideas about how we should be living that come up hard against the realities. It’s a comfort to think anyone has living figured out. So much has changed and at such a rapid pace that we are looking for new scripts. It can be kind when someone offers you a solution. Let us take what lessons we can from the past as we seek the future.

Categories
Aesthetics

Day 1263 and Hoe-flation

As I run out the clock on the last vestiges of my Covid infection (two fucking weeks give me a break), I’ve had the pleasure of being extremely online.

There has been a bit of a kerfuffle on the costs of being “a well kept cosmopolitan woman” with varying levels of push back that are functionally regurgitating the plot of The Devil Wears Prada.

Breakdown of the costs of a “well-maintained” attractive woman in a large U.S. city:
hair: $400/every 2-3 months at least
facials: $200-300/mnth
fitness: $200-400/mnth
cosmetics: $100-300/mnth
nails: $100+/mnth
brows: $15-40/mnth
waxing/laser: $100-$150/mnth
med spas: $1k/every 3 mnths at least
And doesn’t even include clothes or shoes!

Expressions of feminine presentation through grooming is what the academics like to call “contested space” but you can probably get the gist of how it through it by skimming Veblen, Baudrillard and old issues of Cosmopolitan.

Needless to say, most women are not $10,000 Instagram models, professional girlfriends, trophy wives or professionals in glamour industries. This spend is extreme and for people who life off their image.

I’ve been a peon in the image business and I’ve been a girlboss and it’s a bit exhausting if you are not young, naturally beautifully or able to afford the upkeep. I wouldn’t necessarily recommend it. I’ve watched many rounds of influencer burnout. I am blessed with good skin, good hair, the knowledge of my professional background and cosmetology school, and I have money to spend on myself.

Hair: $80 2x a year
Facials: $0
Fitness: $0 on gym or classes but we do have a barn squat rack & a mortgage
Cosmetics: $100-200 a month it’s my hobby & former profession
Nails: $50 for pedicures 6x
Brows: $0
Waxing: $90 4x year
Med Spa: Botox $220 every 120 days

I am myself in the middle ground of expensive personal presentation. I like everything about cosmetics from makeup to haircare. I posted my own breakdown above and it’s about $250 a month.

I don’t dye or heat style my hair, I am not heathy enough to be a gym rat (I wish I was), I get pedicures because it’s hard to do my own with my spinal problems but don’t get my nails done, I wax downstairs for personal preferences, I love skincare and at 40 it seemed time to get a light dose of Botox seasonally.

Which is in my book quite a bit of money to spend on appearances. It’s the opulence I allow myself on the other side of some financial success and I justify it by saying it’s worthwhile to keep up on my old industry.

My husband says it’s mostly an excuse to buy makeup I’ll never wear and he is naturally quite right. It’s a hobby like any other. I’m glad I can justify it for work though.

Social media comparisons for lifestyles that are simply beyond most people’s reach shouldn’t be considered aspirational. My spending should level not considered aspirational on this either if I’m candid. I could easily get away with less and look good.

The good news is that for bargain hunters who want to combat hoe-flation costs in their life is that we’ve never had better access to quality grooming. We have cheap actives brands like the Inky List and the Ordinary, access to the best Korean biochemists, and excellent buyers clubs.

It’s never been easier or cheaper to learn to be well groomed. I very much advocate for looking your best as it reflects a commitment to caring for yourself and your body. Just don’t get carried away when a $16 product can do the job of the $200 one ok? Ask me if you need advice on what to buy.

Categories
Politics

Day 1256 and Nothing Ever Happens

I enjoy that “nothing ever happens” has become something of an in-joke about how the end of history thesis was very right/wrong (apparently this depends on your reading). I find altogether too much to be happening.

I was quite surprised to see France’s Prime Minister Emmanuel Macron decide to dissolve France’s parliament and call for elections after the European Parliament elections showed his unpopularity rather starkly.

If he’s calling the French electorate on their bluff it’s a ballsy move in the middle of a tense continental climate. He must really think the Paris Olympics is going to go well.

It wasn’t the only coalition crisis for a government today. It is a sensitive time for institutional distrust and the will of the people move history forward (or backwards) as something is always happening. I expect it will be an interesting summer in Europe.

Categories
Startups

Day 1246 and Slightly Disappointed

I am a bit tired so this could all be jet lag speaking but I’m feeling slightly disappointed. While I’ve found great inspiration in the work of my peers, I see the failures and venality too.

I am at Consensus and I’m unsure if I feel like we’ve got enough people building the future I want to see. I fear for the unraveling of the old powers and what the transition looks like. It seems like a lot of people will be voting for a convicted felon for commander in chief.

And yet there is hope. The conference coincides with the annual Coincenter dinner which is an industry wide non profit effort to work towards policy goals for decentralized computing like Bitcoin & Ethereum and the wider cryptocurrency.

Our mission is to defend the rights of individuals to build and use free and open cryptocurrency networks: the right to write and publish code – to read and to run it. The right to assemble into peer-to-peer networks. And the right to do all this privately.

Erik Vorhees delivered an incredible moving keynote address and I found myself with tears in my eyes as I considered the long history of fighting to become your own master. We separated church and state. We are fighting to separate money and state. I feel these philosophical lineages across my entire life.

And so I am slightly disappointed at this point. But I’ll try to sleep and it will pass.