What if I told you that we don’t measure most of the things we value in our economy?
Mariana Mazzucato sets out to show that when we talk about the economy we are only talking about certain parts of it (and of our society). She shows how the parts that are included is determined primarily by the history of economic thinking, ideology, and what’s currently making people rich. Mariana then argues that this is flawed and fails to account for several very important aspects of the economy to our current and future detriment.
I’ve read several economics books over the past year that have addressed the failures of the neo-liberal economic ideology. The solid argumentation, countless references, piles of evidence, and rather obviousness of the problems leave me scratching my head as to why these books need to exist. Why isn’t this obvious to the various “experts” who are running our economy?
The Value of Everything is a very solid argument for rethinking the way we diminish the role of government in our economy. The current “get out of the way while we’re making money, but bail us out when we mess up”* approach is clearly wrong. I’ve heard the very charismatic arguments from the likes of Friedman on why free markets are the way to go, and I thought Mariana’s rebuttals to those arguments were good if a bit too charitable.** But it is clear that governments have a long history of being the innovators, investing early, creating the value that business then exploits, and without that, we’re going to see things fall in a heap.
Well worth a read so we can all start to take off our neo-liberal ideological goggles.
Amusing Ourselves to Death is Neil Postman’s ode to the “good old days” before television when entertainment wasn’t ruining everything. TV bad, reading good!
I decided to read this book after it once again started to be referenced as prophetic in the modern age. The first time someone mentioned this book to me I couldn’t help but feel the argument was likely to lack substance – you can amuse and inform at the same time.* What I found in this book was a supposition that isn’t without merit – slogans and sound bites can be influential whilst lacking any substance – but is argued in a cherry-picked and biased manner.
One example is how Postman claims that political campaigns used to be written long-form to influence voters, whereas now (meaning then in 1985, but many say it is highly relevant today) we get political messages in sound bites and 30-second adverts. This argument underpins his work and is at best convenient revisionism, at worst it is naive drivel. To suggest that there is no modern day long form political articles (and interviews, etc) is rubbish, just like the idea that the historical long-form articles he alludes to were well read by the masses is rubbish.
Another example is Postman claiming that media organisations aren’t trying to (in general) maliciously misinform their audience. We know that this isn’t the case. Even at the time this was written there were several satires addressing how “news” is deliberately framed for ratings (e.g. Network, Brave New World, the latter he references in the book). Either he has a different interpretation of malicious misinformation or he just thinks the media are incompetent.***
Now, his idea that we should be trying to educate kids to be able to navigate this new media landscape – instilling critical thinking, understanding of logic, rational thought, basic knowledge so that we are less likely to be fooled – is laudable. I completely agree. I’d also agree that there is a desperate need for this in people of all ages when we have an attention economy in place that is less interested in informing you than making sure your eyeballs stay glued for the next advert. I think this is why Postman’s book has resonated with people, the arguments aren’t without merit. But they are also deeply flawed and problematic.
I can’t really recommend this flawed book, but it isn’t without merit.
* This modern review from an education professional sums up this point:
“Instead of striking a balance between the use and over-use of media in education, Postman has completely shut down the debate in the belief that there is no good way to use visual media like the television and film in education. If you take his thesis to its logical conclusion, the number of technological tools in the classroom would be reduced to the overhead projector, the ScanTron grading machine, the copier and the laser pointer, and the field of educational technology would be greatly reduced in the process.”**
** Read this review particularly carefully. The author cites a number of problematic sources for claims made, such as Ben Shapiro, David Barton, Glenn Beck, Jonathan Strong (of The Daily Caller). All are known to deliberately misrepresent their sources (e.g. see my review of Ben Shapiro’s book covering this issue).
***Hmmm, could be something to that argument. As I regularly say, don’t attribute to malicious intent that which could be incompetence.
NB: I don’t normally post reviews of books I haven’t enjoyed (3 stars or more out of 5). It is my intention that this particular review will be one of few exceptions.
Reading old books reminds you that nothing has changed.
Political Ideals is an essay Bertrand Russell wrote during World War 1 – stay tuned for WW3 – that offers critiques of capitalism, socialism, nationalism, politics, education, and offers insights into how we should go about building a better society. He does this in less than 100 pages.
Russell’s essay is filled with interesting and insightful ideas. Even if you disagree with any of them, there is value in engaging with what he is saying. E.g.:
“Few men seem to realize how many of the evils from which we suffer are wholly unnecessary, and that they could be abolished by a united effort within a few years. If a majority in every civilized country so desired, we could, within twenty years, abolish all abject poverty, quite half the illness in the world, the whole economic slavery which binds down nine-tenths of our population; we could fill the world with beauty and joy, and secure the reign of universal peace. It is only because men are apathetic that this is not achieved, only because imagination is sluggish, and what always has been is regarded as what always must be. With good-will, generosity, intelligence, these things could be brought about.” Source.
This quote has been paraphrased, rephrased, and appropriated by many in the last century (although, I’m sure these thoughts weren’t original when he wrote them). It shows Russell’s reputation as a founder of modern analytic philosophy and as having made significant contributions to many subjects is well deserved. Few could so concisely state such a complex social idea.
Worth a read, even if you disagree with Russell on some or all points.
With pork-barrelling season in full swing, we will be seeing plenty of politicians hitching their wagons to prominent sports and sporting teams. The proclamations that sports are True-blue, dinky-di, Aussie will come to win over voters, with a little somethin’ somethin’ in the budget to sweeten the deal. Because sport is king in Australia, right?
Aussies are routinely described as sports mad, sports addicts, and that we love watching and playing sports in sporty sports ways. But how many of us actually play sports? How many of us actually watch sports? Given that you could describe weekly matches of football as repeats of the same teams doing the same thing for months on end annually, it is worth taking a look at a few of our assumptions about the claims.
Let’s start with a look at how many Aussies play “sports”. Inverted commas around sports? Yes, because when people say that 60% (11.1 million) of Aussies play sports – down 5% compared to 2 years previous – what they actually mean is that we’re classifying walking and generally not sitting on the couch watching TV as sport. Let’s make it fairer on sports and subtract the walkers from being classified as sport participants. And let’s not succumb to temptation and call golf just more walking with intermittent cursing. That means that our 11.7 million “sports” participants is suddenly 7.5 million, which is 41.4% of the population (and falling with the ageing population). That figure sounds impressive until you realise that figure is participation of at least once in the past year and doesn’t account for the regularity of participation. How regularly someone is involved in sports is a much better indicator of our interest and love of sports. As opposed to accounting for that time you went to the gym because of a New Year’s resolution or because the doctor ordered you too out of concern for being dragged into an orbit around you at your next visit. The reality is that less than half of the population engage in regular (3 times per week on average) physical activity, with roughly a third of those people being gym junkies (NB: young men are more likely to play a sport, that drops with age and isn’t replaced with other activities, whilst women are more likely to be involved in non-organised sports and remain doing so).
The Top 20 most popular physical activities are dominated by fitness activities like the already mentioned walking, aerobics/fitness, swimming, cycling, and running. One of the big name sports, AFL, ranks 16th on the list behind yoga. When yoga beats football for popularity it must only be a matter of time before the PM declares it the most exciting sport. For those wondering where rugby is on the list, the rest of Australia says ‘hi’.
Of course, this is only looking at sports. How does sports participation compare to other activities? Well, ABS figures show that we spend roughly 23 minutes a day reading, versus 21 minutes on sports and outdoor activities (NB: this varies between genders and age groups). The US figures show similar results with more time reading than playing sports, but they also spend less of their day on both activities. So at least we are still better read and fitter than Americans in the low barmetrics.
Obviously sports aren’t all about participation and most would regard themselves as avid armchair sportspeople. It could be argued that the best way to stay injury free in sports is to participate from the comfort of the couch in front of the TV at home. The other option is to attend a sporting stadium dressed in clothes made from random assortments of gaudy colours to cheer on a team who are wearing similar clothes but are less inebriated. Or would the most appealing option be to go to a movie, concert or theme park? The correct answer is that people would prefer to attend a movie (59%), a concert (40%), or a theme park (34%). Live Comedy (31%) was more popular than Football (30%), Cricket (29%) and Rugby (25%).
Of course, someone is bound to point to spectator numbers for AFL, A-League, and NRL that look very impressive. With average match attendances in the tens of thousands, and millions annually, sports are clearly important.
At a glance the figures look mildly impressive, but much like enhancement pouch underwear, things aren’t nearly as impressive when you look at the attendance figures in the cold light of day.
Even if we disregard the doubling up and totalling of attendance occurring in the stats, it is easy to see that even the most popular sport in Australia would rank behind visiting Botanic gardens, zoos and aquariums, and libraries. They aren’t even in the same ballpark as cinema attendance. But we can go deeper on the reading, library and cinema figures, even getting frequency statistics so we can tell the difference between the people doing something “at least once” versus people doing something regularly in the past year. 47.7% of people are reading a book weekly, 70% of library attendees (mostly women) visited at least 5 times in the past year, 65% of Australians are (computer) gamers, and 65% of Aussies go to the cinema an average of 6-7 times a year. And yet sport has a segment in news broadcasts whilst reading, gaming, and parks and zoos battle to get media coverage. Technically if we wanted to be fair then the sport segment would be cut to make way for movie news and a live cross to the local library.
What about the economy? How much are households spending on sports? That’s a great question and a great segue into a discussion of howtrickle-down economicsdoesn’t work in sports either. I mean, funding sports that way when it hasn’t worked in the economy must be a no-brainer, right? [Insert low IQ athlete joke here] Or we could stay on topic and discuss the $4.4 billion sports and physical recreation spend by households annually. Let’s not complicate things by talking about the buying of stuff like footwear, swimming pools, and camper vans. Seriously, camping is in the sport spending category? Either way, $4.4 billion sounds like a lot of money, until you realise that gaming is a $3 billion industry, and that households spend $4.1 billion on literature and $4.7 billion on TV and film.
We allow governments to spend a lot of money on big sports and big sporting events. Think that hosting the Olympics will encourage people to play sports? Nope. Actually, seriously, nope. One report described this idea as nothing more than a “deeply entrenched storyline”, sort of like a fairy tale handed down from one Minister for Sport to the next. Part of the problem is that we buy this narrative hook, line, and sinker, such that the sports themselves (and surrounding data agencies) never really bother to keep statistics to prove the claims. But they make for great announcements and ribbon cutting events on the election campaign trail, so the myth keeps on keeping on.
Ultimately the argument isn’t that sports are unpopular or bad but rather that we spend an inordinate amount of time pretending we like them far more than the reality. And that is impacting our elected officials more than a chance to wear a high-viz vest at a press conference. Maybe it is time to rethink what media and funding we throw at sports, and perhaps consider a gaming segment on the news.
So this pork-barrelling season look forward to the announcement of a new multi-million dollar yoga stadium in a marginal electorate near you.
Update: Charlie Pickering and The Weekly team cover some similar points for the Grand Prix events in Australia.
So it isn’t unreasonable to think that there are better qualified people who could rise to the top despite our casual racism. We still can’t get sexism right, but we managed to have a female Prime Minister.
I notice that the question implies Aussies elect the Prime Minister directly. We’re not silly here in Australia. The last thing you want in a democracy is the people getting to decide important decisions like who is preselected to run for a political seat, how their elected representative should represent them, or who is Prime Minister. Best to keep these decisions out of the hands of the people they impact and make sure only the political insiders get to make those calls.
Our Prime Minister is the leader of the political party that holds the balance of power. Thus, the party decides who is Prime Minister, and is not directly elected. For an Indigenous Aussie to become leader of the party would be no small feat, and they’d have to watch out for knives to the back.
Hopefully we will see an Indigenous Australian Prime Minister. Hell, they might even be non-male just to shake things up a bit. Just hard to tell how many old white guys we’ll see before that happens.
I’m looking forward to 2015. With each New Year there is a chance to change ourselves and the world around us, to make it better, to lay plans to bring about a better Australia. It is always best to make these plans at the beginning of the year, not at any other times throughout the year, because the earlier we make the plans, the easier it will be to forget them when it comes time to follow through.
This year I plan to make a few small changes, and if others follow my lead, we may have a better country by 2016.
Join a gym.
Last year I tried to lose weight using the Paleo Diet, which was based on the diet that someone who failed history and biology thought our ancestors ate. This year I’m going to join a gym for the year and then stop attending sometime in the second week of January. Regular gym members appreciate it if New Year’s Resolutioners leave before the end of January so that they have forty-eight to fifty weeks of the year they can work out unhindered. Gyms appreciate the extra memberships to keep their business running without having to invest in more equipment and space.
Do something about climate change.
I know I’ve been putting this one off since the 1980s, but this year for sure. Look, I know that coal is good for humanity and that climate change is crap, but I have all of these scientist friends who work for all of these science organisations who have been pestering me. I think at this stage it would be easier to stop using fossil fuels just to shut these experts up.
Stop reading the fantasy fiction genre. There has been a lot of fantasy fiction released this past year. Regular series were back again with tales from Fox News, The Australian, in fact just about everything published by News Corporation. Until these fantasy authors start producing more realistic stories, such as Matthew Reilly’s story about a zoo filled with dragons, then I will have to stop reading them.
End my expectation of entitlement and join team Australia.
Australians have been far too entitled for far too long. Living in a first world economy that survived the 2008 Global Financial Crisis relatively unscathed has made us complacent. We have to stop expecting welfare, job security, privacy, and a fair go, unless we are rich, white, coal miners.
Start saving for my kids’ education.
Part of being entitled was the idea that we could expect an education that would give Aussies a good start at the fair go. Now it is up to me to make sure that my kids can afford an education. Our leaders know that it isn’t realistic for Aussies to expect a free education like they had, it is much more realistic to saddle young Australians with huge education debts, or have rich parents. Not being rich I’ll have to save money now for my kids’ education, they’ll just have to do without clothes, shoes and food in the meantime.
Write more letters of support for politicians. Our nation’s elected leaders had a tough time in 2014 with experts from science, economics and ethics disagreeing with their policies and statements. Whether it be scientists pointing out that climate change was real, economists disagreeing with the budget measures and pointing out that the carbon tax was working, or the Human Rights Commission condemning the asylum seeker policies, it is clear that our politicians need more support for their uninformed policies. So I will be writing letters of support in 2015 encouraging them to stay the course, no matter how many uppity experts, with their facts and logic, disagree with them.
I love technology. So many cool things have been made during my lifetime that it is hard to believe that as a 30-something I can remember a time before mobile phones, laptops, CDs, DVDs, tablets, and even personal computers. Since I love technology and love to read, it is a no-brainer for me to keep abreast of the latest developments via tech articles, especially since these articles are so woefully out of touch with the average person that they are comedy gold.
The article that tickled my funny-bone this time was all about Google’s new internet service. As part of Google’s plans for world domination, whilst not being evil of course, they are entering the market with an optical fibre broadband rollout in the USA. This video explains the deal with Google Fibre (video a little old now):
The funny part is the article author lamenting his current internet pricing and speeds relative to the service offered by Google:
My $52-per-month plan bestows me with the unheralded power of 30Mbps down and 5Mbps up, a depressing far cry from the (Google Fibre) $70 (and 1 Gbps up and down).
Sorry, not funny ha-ha, but funny sad. According to the reports into global internet speeds, the average US internet user is downloading at 10Mbps, with only 34% of users getting speeds above that (see figure below), ranking them top 10 in the world for speed.
Meanwhile my Aussie internet is ranked 44th in the world, with average speeds of 5.8Mbps and 9.7% of users having average speeds higher than that.
So the tech author was lamenting internet that not only ranks as some of the best in the world, but is also some of the cheapest. In Australia we have some the most expensive broadband in the world (although not as a % of income) and the service is quite possibly far worse than our average speeds would suggest. Just a few kilometres from where I’m sitting, deep in rural Australia, there are people who can’t get the internet. Whilst I have above average internet at work and at home – although that average bar is low enough for an asthmatic 2 year old with no coordination to jump over – the copper network is antiquated and slows the speed of internet down the further you get from the hub. Once you are 20-30 kilometres out of town, the internet is so slow that you are running dialup speeds, which is ridiculous and annoying when most of the web assumes broadband speeds. These slow speeds means that most people not in town have satellite broadband, which is speed limited by the number of users at any one time, is really expensive, and even the top speeds are capped at 800kbps. No, I’m not kidding.
Australia isn’t even in a position to climb the internet rankings in any great hurry either. There were two broadband plans taken to the last Australian election: Fibre to the Home and Fibre to the Node. Since optic fibre (that stuff Google is rolling out) is only going to the node, that means people in cities will have to pay to get their connection upgraded, while we can now expect to see most rural areas of Australia covered by satellite plans (the ones I just told you sucked). Both of these options are more expensive regionally or where the “node” is a long way from the “home”. See the outline below (source):
Access to the internet is a wonderful thing: information at your fingertips, streaming news and entertainment, commerce on a global scale, and lots of porn. Australia is not really in the digital age, limping along with second-rate connections, political plans for second-rate upgrades, and monopolies charging big $$ for second-rate services. Which is why the tech articles are so interesting in the way they show the massive disconnect between the writers, tech services, and the rest of the world.