Friday, November 22, 2019

A Wholly Unselfconscious Choice to be Talking About Wealth Inequality...,


NYPost |  Not content with more than 10 million books sold, a Netflix deal in the high eight figures, a joint publishing advance with husband Barack worth $65 million, a highly profitable world tour, speaking fees that by now surely average around $500,000 per, and a recently acquired waterfront Martha’s Vineyard mansion purchased for $15 million, Michelle Obama is back with another craven money grab.

Billed as a sequel of sorts to Obama’s best-selling memoir, this squat, slim volume, priced at $19.99, is Michelle “now provid[ing] you with the encouragement to find value in your own personal journey,” the publisher says.

“Printed on cream writing paper, with a grosgrain ribbon, foil-stamped cover, and removable half-jacket, ‘Becoming’ … includes thought-provoking prompts designed to help you reflect on your personal and family history: your goals, challenges and dreams; what moves you and brings you hope; and what future you imagine for yourself and your community.”

Axios |  "We need to stop believing that more and bigger is better. We are chasing the wrong things," former president Barack Obama told a Silicon Valley audience Thursday. 

Why it matters: Obama's warning has an added layer of meaning here, where the tech industry has grown powerful and rich by mastering the art of "scaling up."

The big picture: Speaking at Salesforce's Dreamforce conference, Obama traced many of the problems in today's society to uncertainty fueled by globalization and automation, along with an underlying misconception of what it takes to be satisfied.
  • "What I also see is just this sense of anxiety and rootlessness and uncertainty in so many people some of which is fed by globalization and technology," he said. "So much of the political turmoil we are seeing right now has to do with people feeling materially insecure."
The bigger picture: Technology and globalization have "turbocharged" the anxiety, and we need to deal with the social issues that has created, he said.
  • "Part of the goal of solving big problems is not just a matter of finding the right technical solution," he said. "Part of it is also finding out how do we restore some sense of our common values."