The Billionaire Bean Roaster Cometh: Howard Schultz, Centrism, And Why Democrats Are Going Bonkers

Perhaps Howard Schultz and today’s Democratic Party are symptoms of the same condition. Both the billionaire and the party with a lot of billionaires want to restore an era, a politics, and a political culture that seem increasingly foreign with each new tweet from the White House.

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The AXis 12/03/18

"We live in a strange time in which technical expertise and political animus are both in abundance. Indeed, both are distributed along ideological vectors in such a way that the weaknesses and failures of each are still considered acceptable to their affinity groups when compared their polar opposites."

Kanye West And The Double Hustle

Kanye West is a small player in a sprawling, decades old play that’s seldom seen for what it truly is. The Double Hustle’s features are 1) real and genuine oppression; 2) mass, mostly justified grievances; 3) white hot media fascination; 4) obsession with celebrities who use their “platforms” to speak on behalf of the movement; 5) black politicians following instead of leading; 6) the inevitable wane and disappointment; and, lastly, 7) "non-commensurate victory conditions," when “winning” for black people has a higher bar and a higher cost than it does for any other groups with which we claim solidarity.

The DeX Files 05/29/2018: News & Notes On The Great Buyback Boom

Firms investing more in capital than labor is evidence of low demand. Low demand saps productivity, which limits investment in new equipment and workers.