GLOBAL BLOBBAL BUBBLELIZATION

Another implication,

'overlapping and intertwining jurisdictions'.

Globbalization leads to Blobalization,

which can result in the development of increased Bubblelization

(speculative bubbles of all kinds, developing more or less at the same time, everywhere),

within the larger Blobalized quasi-entity.

Some of these impending bubbles, ready to burst, are eg the following:

fiat currency bubbles, everywhere;

Security bubbles;

security 'blanket' (terms search this site, eg Mary Poppins) bubbles;

IT bubbles;

pollution bubbles;

enormous population bubbles;

adverse civilization bubbles;

nationalism bubbles within, and across, civilizations;

excess capacity bubbles;

Here an image from a prior post:

It is the opposite of The World is Flat paradigm.

RE SOVEREIGNTY AT BAY AGAIN BLOBALIZATION REALLY

Books like Bobbitt's The Shield of Achilles appear to only confirm Vernon's original intuition, no waffling.

Kobrin from my post below:

'by overlapping and intertwining jurisdictions rather than formal or legal sovereignty....'

This sounds very much like what I have called Blobalization.

RE ECONOMIC STIMULUS ARTICLE NYT CHINA

The most important point was that China, in 2009, had required virtually all of its own 600B economic stimulus package be spent within China.

Japan had taken similar measures in the 50s through 70s, very successfully.Trading Places is a classic exposition. MITI is also useful.

The US has had no domestic industrial trade commercial policy which might compete with such strategic measures. In fact, its policies have made such policies possible.

RE NAVAL BUILDUP

Should have thought of that about 40 years ago.

With trade, manufacturing, strategic, IT,and financial weaknesses, as against Asia, having been allowed to accrue in the past 50 years, why bother, now, with a naval buildup, really?

When our creditors, and manufacturers, are our new 'enemy',

why bother?

What was it, was it Secretary Clinton, said about leverage?

RE CASH COW

This term comes, as I recall, and as Wikipedia confirms, from the 'growth-share matrix' from Boston Consulting group.

It is associated with a life-cycle concept for businesses.

Re Order versus disorder and lobbyists condottieri

Re Patricia Mathews' post, on DK's site, a look at Wikipedia firms up my recollection of one theory of the origins of the Mafia, as revolt against Anjou rule in Sicily, in the 13th Century.

True or not, it seems to have started at least in part as an organization for security, if not also for despotic power, in a lawless and/or hostile political place.

That is the kind of relatively lawless world, such as many places have never left behind, and toward which some even of our 'civilized' political practices appear once again to tend.

RE A CLOSE-UP LOOK AT THE NEW GILDED AGE AND BRUCE POST

Great commentary by DK.

Coincidentally, I looked again, tonight, at the passage in Arendt, Origins, The Movement, the section beginning at citation to Alexandre Koyre, 'the secret society in broad daylight', to the end of the chapter.  Great stuff, Arendt.

See also, Koyre, on which Arendt relied, "The Political Function of the Modern Lie",

https://nasepblog.files.wordpress.com/2012/08/koyre-the-political-function-of-the-modern-lie-1945.pdf

I have to agree with Bruce Post's comment. 
Right on the mark so to speak.

RE SOVEREIGNTY AT BAY OR NOT

Some authors try to explicitly waffle about this.

There is no waffling really to it.

Here is a snippet from Kobrin, sophistically waffling:

'In his retrospective review of Sovereignty at Bay ten years after its publication, Vernon

(1981, p 517 ) expresses concern that readers remember the title of the book rather than its

message; that he is unfairly associated with the argument that the nation state is ‘… done for,

finished off by the multinational enterprise.’ However, both the title and the opening lines of the

book, which argue that concepts such as sovereignty seem ‘curiously drained of meaning,’

appear unambiguous. The apparent contradiction between these two statements is resolved when

one pays closer attention to what Vernon actually means by ‘sovereignty.’ In Sovereignty at

Bay, (and his other writing) he is concerned with autonomy and control, with the problems posed

by overlapping and intertwining jurisdictions rather than formal or legal sovereignty....'

the menu

Leftover roast Australian lamb leg, sliced, curried,

with black eyed peas, kale, carrots,

potatoes, fresh ground cumin, curry powder (an organic mixture), raw garlic, tomato, Eureka lemon juice, both sauteed and raw purple onion, etc.

Red and green organic romaine lettuce vinaigrette.

Black walnut ice cream

Organic drip coffee

etc

RE GREAT HISTORY SCHOLARSHIP QUOTATION

"My idea of a historian involves the broadest possible knowledge of at least several centuries of the past, which in turn allows one to put any given era in a broader context and draw some meaningful conclusions about its particular characteristics that intelligent lay people will find intersting. No one knows better than myself that that is not a marketable skill in today's American universities."

Borrowed verbatim from David Kaiser's great site. Great poignant quote.

Deserves to be reprised here and elsewhere.

the menu

Roast leg of Australian lamb, rosemary, garlic cloves, flat side down potatoes, diced onion, capers, pepperoncini. Bacon drippings.

Field greens vinaigrette.

Eureka lemons from the yard, whipped cream, almond flour birthday cake, garnished with strawberries.

French roast organic coffee.

RE EVERYMAN A GOD

I happened to watch Rufus' lecture on Julius Caesar the other night.

Wonderful lecturer.

The conspirators all claimed to want a restored republic.

Even Brutus, Caesar's own ostensible son.

Brutus, on mother's side, long family Roman Republican heritage, etc.

Yet, while keeping as far away as he could in the East, after the parricide, he, too, had coins struck with his image, during his life.....

The Romans deified many human beings, as gods,

but it was said that only of Julius Caesar

had even they really believed it.

RE NYT ARTICLE China's Push to Modernize Military Is Bearing Fruit

Great stuff.

We have been making all this wonderful power possible.

See also previous post,

Part 3:

http://www.realecontv.com/videos/us/the-dollar-the-euro-and-china.html

Can you say,

Death of Cobdenist notion 'peace through free trade'?

Death of anarchist, individualist, laissez faire, weak government, model?

It is happening fast,

all over the world,

all at once.

The blobalization of instability.

To paraphrase Prestowitz' book,

Three Billion New Gods.

If you listen to popular teen music,

they are all, now,

little Madison Avenue

gods, and goddesses,

every one of them.

RE KARL DENNIGER PART 3

http://www.realecontv.com/videos/us/the-dollar-the-euro-and-china.html

RE FLW AESTHETICS POLITICS AYN RAND BEAUTY UGLY UTILITARIAN THINGS ARCHITECTURE

Speaking of him, Frank Lloyd Wright, he was too taken with Asian models, in my judgment, just as European aesthetes, especially the Impressionists, were; but they are beautiful living spaces, the private bungalows.

Also, and for similar reasons, he really needed a good structural, and perhaps also a drainage, engineer on board, for many of these things with flat roofs had standing water, sagging water, or worse, snow, roofs caving in, rather than merely the 'Falling Water' running past and through some of them, etc. Places like Taliesen didn't have such bad problems of this type perhaps.

Kind of Ironic, and comical, really.

Think especially of Howard Roark, Ayn Rand's character in The Fountainhead.

Think also of American conservatism, Hayek, etc. See also previous recent post, term search: EVERYMAN A GOD

I actually have a couple of his Foursquare series armchairs, his very rare, and unsuccessful, foray into mass production.

Wonderful chairs, beautiful to look at, not all that comfortable, kind of like Rand's 'ideas'.

As Wittgenstein had said, in a somewhat different context,

back to the rough ground!

RE GOLD ANTIINTELLECTUALISM

http://wallstcheatsheet.com/breaking-news/economy/scott-sumner-gold-the-dollar-and-anti-intellectualism.html

RE MAVERICK MADISON AVENUE HOLLYWOOD FRONTIER SOLIPSIST

This was a comment on DK's site recently.

A very perceptive remark.

This has been the thinly veiled 'Wagnerian' 'dream' of Western market capitalistic democracy:

'Perhaps another trend was operative: let's call it a pyschological/marketing/Hollywood dream of everyman a millionaire, a narcisisim in which the self became the ultimate moral compass, and, the group or society became the enemy. Marketers, lobbyists as agents of "capitalists" (Republicans), exploited this adroitly from Reagan to Obama. And here we are.'

Let's just also add:

(Democrats, too.)

And: EVERYMAN A GOD

What few, perhaps, may acknowledge, or realize, is that the rugged individualism of the American frontier past is, also, the anarchism, narcissism, and perhaps solipsism, of the modern 'Western' predicament, albeit in maverick cowboy attire.

RE THE UNICORN ECONOMY

Great image.

Recalls various philosophical discussions in analytic philosophy.

Here, it is a metaphor for the economy, here and elsewhere now.

Karl Denniger video:

http://www.realecontv.com/page/896.html

Let's put it this way, the Maverick Executive often rides (or is) a unicorn, rather than a mustang.

RE CHINA'S NAVAL AMBITIONS NYT EDITORIAL

This is the kind of pablum from the press, over decades, which has in part permitted the US to go blithely on this disastrous course.

It has hardly been merely a question of 'better diplomacy',

or a slight tweaking of an enlightened politico-economic-military strategy.

How do you think China got into a position to threaten Asian hegemony?

By 'fattening herself' up, much as China's Premier told Nixon in 1972, regarding how the US had already fattened Japan up, and how it was the US' problem back then, not China's, that Japan had gotten so bloated.

See federal record reference in this prior post:

 

By the laissez faire hand of the American market system itself, which they now have been gaming for a couple of decades at our expense, and openly against our interests, just as other Asian regimes like Japan had done before them.

The Coming Conflict With China (over 10 years old now) set out some of the history, but unfortunately, it was written by free traders themselves, who also, and more importantly, appear to be unacknowledged but eager Japan (China's enemy) panders to boot, who had an apparent interest in reaffirmed closer military ties with Japan against China.

The Coming War With Japan (older) was a similar book in some ways, but containing a lot more Asian and global naval strategic details. Chalmers Johnson thought it had been unwisely poo pood in the US at the time it had been published. Yet, a half million copies, according to Johnson, had been sold in Japan (! Were they just buying up copies, to take it off the American market?).

All this is kind of ridiculous really, in the larger post WW II scheme of things.

See prior posts re fattening things up, Japan, China, lazy fair, etc.

We must need a good Maverick diplomat or two to go over there and clear up all this. It's really smart to send ones in skirts.

Re Modern Societies

'Modern societies need large and effective governments.'

http://historyunfolding.blogspot.com/2010/12/new-era-begins.html

Quite true.

Very few societies have them.

Ours has not been particularly effective.