Neoliberalism is broken. The economic model of the last thirty years. It worked for a bit, dragged the bottom two thirds of the world’s population up the income scale dramatically, facilitated the tech revolution. But it’s stopped working.
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Solar geoengineering rests on a simple idea that it is technically possible to make the Earth a little more reflective so that it absorbs a little less sunlight, which would partly counteract some of the risks that come from accumulating carbon dioxide in the atmosphere. When I say technically possible, it appears that at least doing this in a crude way is actually easy, in the sense that it could be done with commercial off-the-shelf technologies now, and it could be done at a cost that is really trivial, sort of a part in a thousand or a part in ten thousand of global GDP.
The next President is probably going to have to deal with some very difficult economic times. The housing market is starting to look like a bubble. There’s a possibility of that bubble bursting. We’ve been there before.
I think it would be interesting if the President had to be a minister for a day and actually engaged with people’s spiritual bankruptcy, and think about, “Do I want to solve this by lying to them with another myth, or do I want to help them confront the truth?”
I think at a fundamental level I just believe in human agency. And I think that everyone should feel like they can participate and shape the economy, rather than feel like they’re experiencing symptoms of the economy. When the recession happened, there was all this chatter around well, the Fed is going to do this. Or the banks are going to do this. And government is going to do this. And there was no narrative around what people are going to do.
Google just has to grow. It has to keep growing. But Google grows at its own peril. Google grew so much that what happened? It outgrew Google. Google had to become what? Alphabet. Now what is Alphabet? Alphabet is not Google. Alphabet is a holding company. So Google’s new business as Alphabet is to do what? It’s to buy and sell technology companies. So, once a company becomes just too big to flip anymore, it becomes a flipper of other companies.