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Stephen D. King Biography

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“rising income inequality. not for nothing did Thomas Piketty’s ‘Capital in the Twenty-First Century’ become a New York Times bestseller. Piketty made the strong claim that the rate of return on capital was, in the absence of wars and revolutions, always likely to be higher than the rate of economic growth. the implication was simply that the already well-off, basically those with no shortage of capital, would steadily get richer”

WarPoliticsEconomyCorruptionPrivate SectorCapitalBusiness LeadersLobbyingIncome DisparityWeapons Industry
Book:Grave New World: The End of Globalization, the Return of History
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“imagine a world, however, where coin tosses could not be repeated and there was no way of knowing weather a particular coin toss involved either a scrupulously fair coin, or one that was double-header, or double-tailed. this would represent a world that was more than just risky, it would be deeply uncertain. imagine that all decisions in this world were governed by this fundamentally uncertain coin tosses, on an entirely random basis. some people may do very well, where as others may fail very badly indeed. both the winners and the losers might then be tempted to form their own narratives to explain their successes and failures, the winners extolling their imaginary skills, the losers blaming the winners for their imaginary exploitation.”

PoliticsCampaignsNarrativeDecision MakingManipulationMisinformationScapegoatRandom Decision
Book:Grave New World: The End of Globalization, the Return of History
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“political order, and political decay, presciently drawing attention to perceived faultlines in American society. the American political system has decayed over time because its traditional system of cheques and balances has deepened and become incessantly rigid. with sharp political polarisation, this decentralised system is less and less able to represent majority interests, but gives excessive representation to the views of interest groups and activist organisations that collectively do not add up to a sovereign American people.”

PoliticsEconomyCorruptionDebtSelfishnessLobbyingPolicy MakersPolarisation
Book:Grave New World: The End of Globalization, the Return of History
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