Larry Summers on the Rise of China and India
The United States is entering uncharted waters as a superpower, as it slowly climbs out of a crippling recession and faces an electoral showdown this fall between cautious globalism and a desire to retrench its economy against external competition from emerging third-world dynamos.
President Obama in his State of the Union address earlier this year highlighted mildly protectionist measures to shore up US manufacturing against cut-throat competition in Asia, through tax credits and a task force that would investigate potentially unfair trade practices.
Meanwhile Mitt Romney, former governor of Massachussettes and frontrunner in the Republican presidential primary, has strategetically stoked fears among party voters about falling behind China as part of a permanent American decline. In a February op-ed in The Wall Street Journal, Romney proclaimed:
Unless China changes its ways, on day one of my presidency I will designate it a currency manipulator and take appropriate counteraction. A trade war with China is the last thing I want, but I cannot tolerate our current trade surrender.
Harsh words for America's most important trading partner, highlighting our schizophrenic stance toward an mushrooming economic giant that we rely on to produce cheap goods for US consumers while at the same time fearing that its rising prosperity will ultimately knock us off the pedestal of the only remaining superpower.
Former senator Rick Santorum, current underdog in the Republican presidential primary, is perhaps responsible for ratcheting up anti-China rhetoric by declaring the following during an October, 2011 debate: I want to go to war with China and make America the most attractive place in the world to do business."
The Russian-built FEDOR was launched on a mission to help ISS astronauts.
Most people think human extinction would be bad. These people aren't philosophers.
- A new opinion piece in The New York Times argues that humanity is so horrible to other forms of life that our extinction wouldn't be all that bad, morally speaking.
- The author, Dr. Todd May, is a philosopher who is known for advising the writers of The Good Place.
- The idea of human extinction is a big one, with lots of disagreement on its moral value.
Picking up where we left off a year ago, a conversation about the homeostatic imperative as it plays out in everything from bacteria to pharmaceutical companies—and how the marvelous apparatus of the human mind also gets us into all kinds of trouble.
- "Prior to nervous systems: no mind, no consciousness, no intention in the full sense of the term. After nervous systems, gradually we ascend to this possibility of having to this possibility of having minds, having consciousness, and having reasoning that allows us to arrive at some of these very interesting decisions."
- "We are fragile culturally and socially…but life is fragile to begin with. All that it takes is a little bit of bad luck in the management of those supports, and you're cooked…you can actually be cooked—with global warming!"