History

President Biden and Vice President Harris commemorated the 1 year anniversary of the January 6 attack on our democracy with morning speeches and a day of remembrance inside the Capitol rotunda with Representatives and Senators giving a number of moving speeches in their respective chambers. The tone on TV news and blue check Twitter was somber and reflective. The President referred to the violent events of Jan 6, 2021 as a terrorist attack on our democracy, and said that the threat was not yet over — that the perpetrators of that event still hold a “dagger at the throat of America.”

Only two Republicans were present in chambers when the moment of silence was held for the nation’s traumatic experience one year ago — Representative Liz Cheney and her father, Dick Cheney, the former VP and evil villain of the George W. Bush years. That this man — a cartoonish devil from my formative years as a young activist — was, along with his steel-spined force of nature daughter, one half of the lone pair that remained of the pathetic tatters of the once great party of Lincoln.

What do you do if you’re in a 2-party system and one of the parties is just sitting on the sidelines, heckling (and worse!?)? How do you restore confidence in a system that so many people love to hate, to the point of obsession? Will we be able to re-establish a sense of fair play, as Biden called on us to do today in his speech?

The Big Lie is about rewriting history

We don’t need to spend a ton of time peering deeply into discerning motive with seditionists — we can instead understand that for all of them, serving the Big Lie serves a function for them in their lives. It binds them to their tribe, it signals a piece of their “identity,” and it signals loyalty within a tight hierarchy that rewards it — all while managing to serve their highest goal of all: to annoy and intimidate liberals. Like all bullies, their primary animating drive is a self-righteous conviction that “I am RIGHT!” at all times and about all things, and that disagreement is largely punishable by death or, in lieu of that, dark twisted fantasies of death passed off lamely and pathetically as “just joking, coworker!”

Continue reading January 6 Attack: A “dagger at the throat of America”
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Majority Leader Schumer is right to come around to the idea that the filibuster must be changed in order to pass voting rights and save our democratic republic from the forces of authoritarianism.

The filibuster is an archaic rule that was at first only there by accident, then whittled into a sharp blade of minority rule by Southern plantation owner and virulent white supremacist John C. Calhoun — a man credited with laying the groundwork for the Civil War.

The South Carolina plutocrat strategized on behalf of wealthy aristocratic ambitions in the 1820s and 30s. Dubbed the “Marx of the master class” by historian Richard Hofstadter, Calhoun consumed himself with an obsession over how to establish permanent rule by his 1% brethren. He was an early proponent of property over people — the original “just business” kind of cold calculating supremacist that would come to typify the darker southern shadow culture of America.

Calhoun came to the conclusion that the Founders had made a grave mistake when creating the nation, and had put in too much democracy and too little property protection. He had a conviction that collective governance ought to be rolled back, because it “exploited” the wealthy planter class such as himself. During his time in the Senate he engineered a number of clever devices for the minority to rule over the collective will of the public — dubbed a “set of constitutional gadgets” for restricting the operations of a democratic government by a top political scientist at the time.

Public choice theory and Charles Koch

Slaveholding Senator John C. Calhoun inspired a series of men in the future to take up the torch of minority rule and its apparatus. James McGill Buchanan combined ideas from F. A. Hayek with fascist strains of Calhoun’s ministrations in the Senate to pack a conservative economic punch with public choice theory.

A young Charles Koch was exposed to Buchanan’s re-interpretation of Calhoun’s re-intepretation of the founders’ intentions, and embarked on a lifelong mission to indoctrinate the world in the religion of hyper-libertarian Ayn Randian fiscal austerity.

New lie, same as the old lie. The old lie is that America was never intended to be a democracy — which is doublespeak nonsense. The old lie is that the Declaration of Independence was wrong — that all men are not created equal; that the entire reason we founded a new nation was somehow misguided. But “conservatives” have been fighting fervently for this original Big Lie since time immemorial.

So: Charles Koch is the new John C. Calhoun. He and his vast navel-gazing empire of “think tanks” and other organs of self-regurgitation have managed to brainwash enough people and operate enough bots to make it almost a coin toss whether the average citizen believes the nation was founded as a democratic republic or an authoritarian theocracy.

The filibuster is one of the strongest minority rule tools in their toolbox.

We must bust the filibuster.

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Research has shown that emotional repression causes authoritarianism (Altemeyer, Adorno, Stenner et al). Fundamentalist religious groups favor the most repression, culturally — ergo, fundamentalist groups are at the highest risk for nurturing authoritarian traits.

Emotional repression is the keystone of fundamentalist parenting. The strict application of “Biblical law” as cherry-picked by extremists is inherently contradictory & hypocritical, stunting emotional and psychological growth through corporal punishment and capricious applications of anger for sometimes opaque reasons.

When trusted caregivers apply physical violence to a developing mind, seeds of deep distrust and paranoia are planted. Children learn to “obey” by repressing negative parts of themselves so deeply they fall out of conscious awareness altogether & rule the personality “from below.”

The abused child learns “splitting” as a psychological defense mechanism, which later in adulthood is considered a “superpower” — they present a saccharine but False Self in their outer aspect to the tribe, and sequester negative id impulses deep down into an “inner sociopath.”

Repression creates divided minds

Never being given the required emotional support to transcend the paradoxical human project of reconciling the positive & negative aspects inherent in all people, they become “arrested” at a moment of obsession with punishment as the only solution to every problem. They see the world in very black and white terms — the classic “you’re either with us or against us” zero-sum worldview in which everybody who doesn’t agree with you must be delegitimized and eradicated completely.

Continue reading Repression causes authoritarianism
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The Founders knew acutely the pains of centuries of religious warfare in modern Europe and resoundingly did not want that for their new nation. Many of them moreover knew religious persecution intimately — some whose families fled the Church of England for fear of being imprisoned, burned at the stake, or worse. Is America a Christian nation? Although many Christians certainly have come here, in a legal and political sense the nation’s founders wanted precisely the opposite of the “Christian nation” they were breaking with by pursuing independence from the British.

Contrary to the disinformation spread by Christian nationalists today, the people who founded the United States explicitly saw religious zealotry as one of the primary dangers to a democratic republic. They feared demagoguery and the abuse of power that tilts public apparatus towards corrupt private interest. The Founders knew that religion could be a source of strife for the fledgling nation as easily as it could be a strength, and they took great pains to carefully balance the needs of religious expression and secular interests in architecting the country.

James Madison: 1803

Americans sought religious freedom

The main impetus for a large percentage of the early colonists who came to the Americas was the quest for a home where they could enjoy the free exercise of religion. The Protestant Reformation had begun in Europe about a century before the first American colonies were founded, and a number of new religious sects were straining at the bonds of the Catholic Church’s continued hegemony. Puritans, Mennonites, Quakers, Jesuits, Huguenots, Dunkers, Jews, Amish, Lutherans, Moravians, Schwenkfeldians, and more escaped the sometimes deadly persecutions of the churches of Europe to seek a place to worship God in their own chosen ways.

By the late 18th century when Thomas Jefferson wrote the Declaration of Independence, many religious flowers were blooming within the 13 colonies. He had seen for himself the pitfalls of the experiments in which a unitary control of religion by one church or sect led to conflict, injustice, and violence. Jefferson and the nation’s other founders were staunchly against the idea of establishing a theocracy in America:

  • The founding fathers made a conscious break from the European tradition of a national state church.
  • The words Bible, Christianity, Jesus, and God do not appear in our founding documents.
  • The handful of states who who supported “established churches” abandoned the practice by the mid-19th century.
  • Thomas Jefferson wrote that his Virginia Statute on Religious Freedom was written on behalf of “the Jew and the gentile, the Christian and the Mahometan, the Hindu and the infidel of every denomination.” In the text he responds negatively to VA’s harassment of Baptist preachers — one of many occasions on which he spoke out sharply against the encroachment of religion upon political power.
  • The Constitution explicitly forbids a religious test for holding foreign office.
  • The First Amendment in the Bill of Rights guarantees that “Congress shall make no law respecting the establishment of religion, or prohibiting the free exercise thereof.”
  • There is a right-wing conspiracy theory aiming to discredit the phrase “wall of separation between church and state” by claiming that those exact words aren’t found in the Constitution.
    • The phrase comes from Thomas Jefferson’s 1802 letter to the Danbury Baptists, wherein he is describing the thinking of the Founders about the meaning of the First Amendment’s Establishment Clause, which Jefferson contemplates “with sovereign reverence.”
    • The phrase is echoed by James Madison in an 1803 letter opposing the building of churches on government land: “The purpose of separation of Church and State is to keep forever from these shores the ceaseless strife that has soaked the soil of Europe with blood for centuries.”
  • The 1796 Treaty of Tripoli states in Article 11: “As the government of the United States of America is not in any sense founded on the Christian Religion,-as it has in itself no character of enmity against the laws, religion or tranquility of Musselmen,-and as the said States never have entered into any war or act of hostility against any Mehomitan nation, it is declared by the parties that no pretext arising from religious opinions shall ever produce an interruption of the harmony existing between the two countries.” — President George Washington first ordered the negotiation of a treaty in 1795, and President John Adams sent the treaty to the Senate for ratification in 1797, with this article widely interpreted to mean a reiteration of the purpose of the Establishment Clause to create a secular state, i.e. one that would not ever be going to holy war with Tripoli.

The Founders were deists

For the most part, the prominent Founders were deists — they recognized the long tradition of Judeo-Christian order in society, and consciously broke from it in their creation of the legal entity of the United States, via the Establishment Clause and numerous other devices. They were creatures of The Enlightenment, and were very much influenced by the latest developments of their day including statistics, empiricism, numerous scientific advancements, and the pursuit of knowledge and logical decision-making.

  • They distrusted the concept of divine right of rule that existed in Europe under monarchies. We fought a revolution to leave that behind for good reason.
  • They disliked the idea of a national church, and were adamant about the idea of keeping the realms of religion and politics independent of each other.
  • Thomas Paine lamented that “Persecution is not an original feature in any religion; but it is always the strongly marked feature of all religions established by law.”
    • Paine also pushed the envelop even further, asserting his belief that the people would eventually abandon all traditional religions in favor of the “religion” of nature and reason.
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Mythology has it that “reckless Democratic spending” is to blame for the ballooning of the national debt — though the historical record shows otherwise.

In fact, the conservatives‘ beloved demi-god Ronald Reagan was the first President to skyrocket the debt, thanks to some bunk ideas from an old cocktail napkin that linger to this day — the Republican monetary theory in a nutshell is (I shit you not) that we should take all our pooled tax money and give it to… billionaires. Because, you know, they’re clearly the most qualified people to make decisions affecting the 99% poor people. Supposedly they’re the smartest folks to entrust with our money.

Trickle down, debt up

Except it’s not true, as year after year and study after study shows. Nor for all their finger-waggling at Democrats over the national debt has the GOP turned in a balanced budget since Nixon. Republicans are the most gigantic hypocrites on economics writ large, but particularly so for the national debt — with Reagan, Bush I, Bush II, and Trump all turning in record debt increases, primarily through tax cuts for the wealthy and the Gulf and Afghanistan wars.

Meanwhile, Bill Clinton balanced the budget, created a surplus, and reduced the debt during his 8 years in office, and Obama inherited the deepest recession since the 1929 Great Depression.

The financial crisis of 2008-09, itself caused by the reckless Republican zeal for deregulation — this time of financial derivatives — was a wholly GOP-owned debacle that the next president paid for politically. Nevertheless, President Obama had the debt again on a reduction path as a percentage of GDP — but then Donald “I bankrupted a series of casinos!” Trump oozed his way into the highest office in the land.

It’s weird how “reckless Democratic spending” always happens under Republican administrations!

During the Trump administration, Republicans patted themselves on the back for giving a $2.7 trillion tax cut to billionaires for no reason, while the economy was relatively hot already (after being rescued by Obama). Not only was no progress made on diminishing the debt, but the national debt actually increased (both nominally and as a percentage of GDP) under Trump’s first term even before the sudden arrival of a novel coronavirus caused it to leap into the stratosphere like a 21st century American tech oligarch.

Only when President Biden arrived on the scene and took the helm of fiscal and monetary policy did the national debt begin cooling off once again — all while dramatically and quickly scaling up covid-19 vaccine production and distribution and passing over $3 trillion in Keynesian legislation meant to get the dregs of the middle class reoriented to a place on the map vis-a-vis the 1% once again.

Republican national debt bullshit

I am hereby calling bullshit on Republicans’ crocodile tears over the national debt, which they suddenly remember only when a Democrat is in town and summarily ignore while their guy is in the hot seat burning through cash like it’s going out of style.

We need to have a better collective narrative for Democratic success on the economy. The Republicans are no longer the kings of the economic world — if they ever were. It feels more like smoke and mirrors each passing day, with climate change denial, the Inflationary Boogeyman, and other GOP Greatest Hits playing ad nauseum on the AM social media waves.

Here are at least a few things to remember about the national debt, that Republicans generally get wrong:

  • wars are very expensive
  • booms in social services are expensive too; but not as expensive as wars
  • there is not any perceivable truth in the old GOP party line that Democrats always overspend and Republicans are always thrifty
    • Reagan and both Bushes presided over two of the biggest spikes in public debt in recorded history, outside of FDR who had both the Great Depression and WWII to contend with
    • Clinton, Carter, Johnson, Kennedy, and Truman all decreased the debt
  • be wary of graphs that don’t β€œnormalize” to GNP β€” it’s an attempt to β€œlie with statistics” by obfuscating the roles of inflation and the growth of the economy itself
  • there is more than one way to look at and evaluate the level of public debt

National Debt by President since the 20th century

PresidentNational Debt ChangeTotal National Debt
Taft+$210 million$2.13 billion
Wilson+$21.5 billion$23.5 billion
Harding/Coolidge+$7.9 billion$22.3 billion
Hoover+$7.3 billion$29.7 billion
F.D. Roosevelt+$218.9 billion$260.1 billion
Truman+$7.5 billion$256.6 billion
Eisenhower+$23.2 billion$272.8 billion
Kennedy/Johnson+$54.9 billion$311.9 billion
Nixon/Ford+$371 billion$698.1 billion
Carter+$299 billion$997.9 billion
Reagan+$1.86 trillion$2.86 trillion
G.H.W. Bush+$1.55 trillion$4.42 trillion
Clinton+$1.40 trillion$5.81 trillion
G.W. Bush+$5.85 trillion$10.71 trillion
Obama+$8.59 trillion$19.30 trillion
Trump+$7.80 trillion$27.10 trillion
Biden (as of March 2023)+$3.00 trillion (projected)$30.10 trillion (projected)
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But you don’t have to take our word for it — just ask the Vice President of the Confederacy what his reasons were in the infamous Cornerstone Speech of 1861, just a few weeks before the Confederates fired on Fort Sumter:

“The new [Confederate] constitution has put at rest, forever, all the agitating questions relating to our peculiar institution β€” African slavery as it exists amongst us β€” the proper status of the negro in our form of civilization. This was the immediate cause of the late rupture and present revolution . . . The prevailing ideas entertained by . . . most of the leading statesmen at the time of the formation of the old constitution, were that the enslavement of the African was violation of the laws of nature; that it was wrong in principle, socially, morally, and politically. . . Those ideas, however, were fundamentally wrong. They rested upon the assumption of . . . the equality of races. This was an error . . .

Our new government is founded upon exactly the opposite idea; its foundations are laid, its corner–stone rests upon the great truth, that the negro is not equal to the white man; that slavery β€” subordination to the superior race β€” is his natural and normal condition.”

β€” Alexander H. Stephens, March 21, 1861, reported in the Savannah Republican, emphasis in the original

More ways we know the Civil War was about slavery

  • The state secession declaration documents mention the words “slave”, “slavery“, and “slave-holding” over 150 times, along with a number of related words including abolition, abolitionist, race, African, white race, and negro among yet others.
  • The Constitution of the Confederate States of America is almost identical to the US Constitution; in most of the several places that had been modified, the subject of the change regarded slavery and the claimed rights of Southern white men to own black human beings as a captive labor force.
  • Contemporaneous speeches given by Southern leaders at the time leading up to the war and during the war uniformly named the question of slavery as the core animus for their fight.
  • The Confederates rejected the idea floated internally of enlisting Blacks to replace the much-drained manpower of the South even though the final year of the war — despite ample evidence of the capabilities of black fighting forces as evidenced by their use by the Union to rout Southern Armies in bloody battle after bloody battle.
  • The secessionists even hampered their own ability to get diplomatic recognition, by refusing to clarify any sort of end date for slavery or apologia for the moral failings of the peculiar institution to a Britain and France who saw the practice as barbaric by that time. In other words, they chose slavery over independence when push really literally came to shove.
  • The Lincoln-Douglas debates were almost entirely about slavery and the question of whether it should be extended further into new US territories of the West, halted, or ended altogether. Lincoln was on the side of halting slavery, and when he was elected President in 1860 the Southern states began seceding from the Union.
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seditious conspiracy folks working to undermine the united states

It may have seemed like the election of 2016 came out nowhere, and the January 6, 2021 attempted coup event was another deep gash to the fabric of assumption — but in reality, the authoritarian movement to dismantle America has been working diligently for a long time. Depending on how you count, the current war against the government began in the 1970s after Roe v. Wade, or in the 1960s after the Civil Rights Act, or in the 1950s with the John Birch Society, or in the 1930s with the American fascists, or in the 1870s with the Redemption and Lost Cause Religion, or in the 1840s with the Southern Baptist split, or in the 1790s when we emerged from the Articles of Confederation.

We are facing an unprecedented crisis of democracy under attack by the most current roster of these extremists, hardliners, theocrats, plutocrats, and others of their ilk. The following mind map diagrams the suspects and perpetrators of the Jan 6 coup as we know so far — including the Council for National Policy, the Koch network, Trump and his merry band of organized criminals, the Oath Keepers, Proud Boys, and other right-wing groups — from militia convicted of seditious conspiracy, to rioters who have been arrested in the January 6th probe, to persons of interest who have been subpoena’d by the January 6 Committee in the House, to anyone and anything else connected to the ongoing plot to kill America whether near or far in relation. The map extends to include coverage of the basic factions at work in the confusing melodrama of American politics, and their historical precedents.

Mind map of the seditious conspiracy

I’ll be continuing to work on this as information comes out of the various investigations and inquiries into the attempted coup to prevent the peaceful transfer of power, from the January 6 Committee to Merrick’s DOJ, the GA district attorney, NY district attorney, various civil suits, and probably more we don’t even know about yet. You can navigate the full mind map as it grows here:

Head onward into “Continue Reading” to see the same mind map through a geographic perspective:

Continue reading Koup Klux Klan: The authoritarian movement trying to take over America
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Bootlicker Kevin McCarthy showboated his way through an evening of scorn and ridicule for his audience of one: Herr Trump. His sad evening comedy routine for the “just joking!” crowd was an act of political theater given no votes in his caucus were ever in danger of voting for the bill, thus no need to persuade them. McCarthy’s speech sparked jeers and heckles from the chamber itself as well as the wider outside world, as tweets poured forth from inside and out of the Capitol.

Fortunately, the GOP Leader failed to stop Biden’s Build Back Better plan while gifting the Democrats with a healthy dose of both comedy gold and some irresistable mid-term slogans:

Continue reading McCarthy’s speech stunt gives gift of Democratic midterm slogans
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Or capital vs. labor, oligarchs vs. plebes, plutocrats vs. proles, rich vs. poor — however you want to narrate it, the property vs. people struggle continues on in new and old ways, each and ere day.

Here in America, the plutocrats have devised many clever methods of hiding the class struggle behind a race war smokescreen, that is both real and manufactured — instigated, exacerbated, agitated by the likes of schlubby wife abusers like Sloppy Steve Bannon, wrinkly old Palpatines like Rupert Murdoch, and shady kleptocrats like Trump and Putin.

The United States has nursed an underground Confederacy slow burning for centuries, for sociopathic demagogues to tap into and rekindle for cheap and dangerous political power. Like The Terminator, racist and supremacist troglodytes seem always to reconstitute themselves into strange and twisted new forms, from slavery to the Black Codes to sharecropping to convict leasing to Jim Crow to Jim Crow 2.0 — the psychopaths want their homeland.

The political left loves people, and our extremists for the most part destroy capital or property that insurance companies will pay to make shiny and new again — unlike the right wing extremists who bomb federal buildings, killing hundreds of people and costing taxpayers’ money to replace.

Meanwhile, the right wing claims to be the righteous party for its extreme fixation on life before birth, yet its regulation-allergic capitalists destroy people and the natural world more broadly, from factory farming to deforestation, the destruction of habitats, strip-mining and other toxic extraction practices, and on into climate change itself. Being in fact the chief architects of manmade atmospheric devastation, they have managed to make themselves invisible from the deed by simply (wink wink!) denying it exists.

WWJD?!

Certainly, not anything the Republican Party is up to. Jesus would be sad.

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Freedom means the right to make choices. When you have a large population, that means many different kinds of people are making many kinds of different choices for different reasons. That means, mathematically speaking, a broad distribution graph of options chosen over time. Freedom produces diversity, as a direct consequence of its own laissez-faire philosophy.

The Founders knew this. James Madison was an intellectual of his day, and a polymathic student of the great ideas of his time. It is hard not to see the influence of exposure to Condorcet’s theory about decision-making in Madison’s later ideas about diffusing the flames of factions by essentially dousing them in the large numbers of people spreading out within the growing nation. He believed that ideas and interests that were actively opposing each other would be a good way to preserve enough vigor to sustain an active self-governing democracy.

Regardless of the origin, Madison clearly himself was advocating for the power of diversity to preserve the very republic. He believed that this diversity of views in fact provided the structure that would help prevent singular demagogues from rising up too far and destroying democracy forever in their quest for unlimited power. The founders shared this foresight — that giving Americans the freedom to live as they may would lead to a healthy democracy, through the promulgation of different ideas and knowledge as well as through vigorous debate.

You can’t have freedom without diversity

Many who cite Freedom as their patriotic raison d’Γͺtre do not seem to tolerate well the exercise of freedom by others, particularly others they disagree with or do not like. But as the great Civil Rights activist Fannie Lou Hamer once said, “Nobody’s free until everybody’s free.” She had the insight that if her civil rights could be taken away from her, then no one else’s rights would be safe in this nation either.

America has always struggled to live up to its founding ideals — but it seems like if we want to truly honor their memories, we would continue to take that vision at face value and continue to carry the light of the torch of equality, perhaps upwards to the crest of a hill from whence we may shine once again.

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Elder wisdom, Thinkers, and Creators Since Antiquity

Some say there’s nothing new under the sun. Maybe we don’t need to go that far — but we should definitely appreciate the voluminous contributions of the ancient thinkers and great philosophers of antiquity, who figured out a dizzying array of complicated concepts long before the modern era.

We have much to learn from our ancestral teachers. Here’s a place to start — which shall grow over time as the knowledge is passed down yet again, age unto age. Things that stand the test of time are valuable, no matter what the currency of the day.

The Great Philosophers

NameKnown forBornDiedWhere livedInfluenced
St. Thomas AquinasSumma Theologiae12251274Italy
AnaxagorasEarly Pre-Socratic Greek philosopher who moved forward ideas about the nature of existencec. 500 BCc. 428 BCGreece, PersiaDiogenes, Plutarch
Hannah ArendtA politically progressive Jewish philosopher, Arendt fled the Nazi regime for America, where she wrote the foundational text on the political psychology of authoritarianism, "The Origins of Totalitarianism" (1951)19061975Germany, America
AristotleStudent of Plato and founder of the Lyceum, he is widely known for his Socratic Method of questioning as a basis for philosophical discussion384 BC322 BCGreeceThe Enlightenment, St. Thomas Aquinas, Dante
Marcus AureliusRoman emperor and Stoic philosopher who advocated for cultivating an ethos of impermanence and doing one's duty.121180Roman Empire
AvicennaPersian polymath, father of early medicine, and a key figure during the Islamic Golden Age9801037Persia
Francis Bacondeclaring that human intellect and reason are means of discovering the truth: "Knowledge is powerβ€œ15611626England
Roger BaconMost celebrated European scientist of the Middle Ages.12201292England
Pierre BourdieuThe French sociologist's work focuses on how upper social classes preserve their social privileges through generations despite the persistent myth of social mobility in post-industrial liberal societies19302002France
Jeremy Benthamfather of Utilitarianism17481832England
Daniel BernoulliSwiss mathematician widely credited for pioneering the field of statistics17001782Switzerland
Jacob Bernoulli16551705Switzerland
Jean BoudinFrench political philosopher known for his theory of sovereignty15301596France
Louis BrailleFrench educator and inventor of the Braille system of reading and writing for the blind18091852France
BrunelleschiItalian architect, sculptor, and designer13771446Italy
Joseph CampbellLiterature professor most known for his work in world mythologies, and the widely observed narrative of the archetypal hero19041987White Plains, NYGeorge Lucas and Star Wars
Andrew CarnegieGilded Age tycoon who made a fortune leading the steel industry in the late 19th century, becoming one of the richest Americans in history18351919Scotland, America
CiceroRoman statesman, orator, philosopher, scholar, lawyer, and skeptic who championed a return to republican government during the dictatorship of Julius Caesar.106 BC43 BCRomeJohn Locke, David Hume, Motesquieu, Edmund Burke
Marquis de CondorcetFrench philosopher, mathematician, and early political scientist who played a key role in transforming European society from feudalism to modern secular democracy.17431794FranceThomas Jefferson
ConfuciusConfucianism -- a system of ethics and morals to guide "right" behavior551 BC479 BCChina
Marie CurieChemist and physicist whose work on radioactivity earned her a Nobel Prize -- the first woman ever to win the award.18671934Poland, France
Leonardo da VinciThe Italian polymath, painter, engineer, inventor, scientist et al was a giant of the Renaissance. He is often credited as being the greatest painter in th history of art.14521519Italy
Charles DarwinEnglish naturalist most famous for the knowledge of evolution18091882England
Democritusbasic theory of the atom: a fundamental building block unit of all things that itself is not divisible (although later we would discover even smaller particles, the atom is still essentially the most basic building block)460 BC371 BCGreece
RenΓ© Descartescogito ergo sum: I think therefore I am15961650France
Alexis de TocquevilleFrench diplomat, philosopher, historian, and aristocrat best known for his two volume Democracy in America (1835 & 1840), now considered one of the earliest works of sociology.18051859France
DiogenesThe most famous of the Cynics, a school of philosophy founded in Athens c. 400 BC, advocating the pursuit of happiness through avoiding the unnecessary temptations of material goods412 BC323 BCGreeceZeno
EmilΓ© Durkheimanomie β€” concept of lack of a shared moral order. Normlessness.18581917France
Albert EinsteinKnown for his theories of relativity and quantum mechanics, Einstein is widely agreed to be one of the greatest physicist of all time.18791955Germany, America
Ralph Waldo EmersonWriter, philosopher, poet, and abolitionist who led the transcendentalist movement of the mid-19th century and became a key figure in the American romantic movement18031882AmericaHenry David Thoreau
EmpedoclesGreek philosopher best known for his cosmogonic theory of the four classical elements.494 BC434 BCGreece
EpicurusGreek philosopher and founder of the highly influential school of philosophy bearing his name, Epicureanism341 BC270 BCGreeceJohn Locke, Thomas Jefferson, Jeremy Bentham, Karl Marx
ErasmusA Dutch philosopher and Catholic theologian, Erasmus is acknowledged as one of the greatest minds of the northern Renaissance14661536Netherlands
EuclidGreek mathematician and founder of geometryc. 325 BCc. 270 BCAlexandria, Egypt
Michael FaradayHugely influential English scientist who made numerous contributions to the study of electromagnetism and electrochemistry17911867England
Enrico FermiItalian physicist who emigrated to America with his Jewish wife in 1938 and worked on the Manhattan Project, creating the world's first nuclear reactor and becoming dubbed the "architect of the atomic bomb."19011954Italy, America
Michel FoucaultWidely influential philosopher, literary critic, historian, and activist best known for his theories on the relationship between power and knowledge.19261984France
Sigmund FreudAustrian neurologist who founded psychoanalysis18561939Austria, UK
John Kenneth GalbraithConcept of countervailing power β€” that collective worker power is needed to balance against growing corporatism in the economy19082006Canada, America
GalenGreek physician, surgeon, and philosopher credited with developing the fields of anatomy, physiology, pathology, pharmacology, neurology, and logic130200Greece, Rome
GalileoThe Italian polymath is considered the father of modern science, making groundbreaking contributions to the fields of modern physics, observational astronomy, and the scientific method itself.15641642Italy
Siddharta GautamaThe Buddha; achieving enlightenment under the Bodhi tree in India563 BC483 BCIndia
GhibertiSculptor most famous for his creation of the bronze doors of the Florence Baptistry13781455Italy
Johann GutenbergInvented the printing press, democratizing the dissemination of information for the first time.13941468Germany
JΓΌrgen HabermasGerman philosopher and member of the Frankfurt School, his work addresses public opinion and the public sphere through the lens of critical theory1929Germany
Friedrich HegelOne of the most important figures in German idealism and a founding figure in Western philosophy17701831Germany
Martin HeidiggerGerman philosopher and member of the Nazi Party18891976Germany
Heraclitusposited that change or flow is the most basic character of nature; that the world is characterized by opposites; and that God or "logos" is the essence of nature's constant flux and source of all things535 BC475 BCGreece
Herodotusfirst historian; first journalist; first foreign correspondent480 BC425 BCGreece
HippocratesGreek physician who is considered the Father of Medicine and known for the Hippocratic oath still in use todayc. 460 BCc. 370 BCGreece
Thomas HobbesEnglish philosopher and founder of modern political philosophy15881679England
HomerAncient Greek poet and author of the epic poems the Iliad and the Odysseyc. 750 BCGreece
David HumeKey Enlightenment philosopher who championed empiricism, skepticism, and naturalism17111776Scotland
William JamesThe father of American psychology18421910America
Thomas JeffersonFounding Father and third president of the U.S., Jefferson wrote the Declaration of Independence17431826America
Carl JungFounder of analytical psychology18751961Switzerland
Immanuel KantA central Enlightenment thinker who made contributions to epistemology, metaphysics, ethics, and aesthetics among other fields.17241804Prussia
John Maynard KeynesEnglish economist whose ideas profoundly changed the field of macroeconomics and economic policy, now known as Keynesian economics18831946England
SΓΈren KierkegaardDanish poet and polymath regarded as the first existentialist philosopher18131855Denmark
Thomas KuhnPhilosopher of science known for his theory of scientific paradigms and paradigm shifts19221996America
Lao Tzuthe Dao de Ching and philosophy of Daoism6th c. BC6th c. BCChina
LamarkA botanist, naturalist, and taxonomist, the French academic was an early proponent of the idea of evolution 17441829France
Gottfried LiebnizThe German polymath is a key figure in the history of philosophy and mathematics both16461716Prussia
Vladimir LeninFomented the Russian Revolution of 1917 that overthrew the tsarist regime18701924RussiaJoseph Stalin
Carolus LinnaeusThe father of modern taxonomy and inventor of binomial nomenclature for the modern system of naming organisms17071778Sweden
John Lockephilosophy of liberty and natural rights16321704England
Martin LutherKicked off the Protestant Reformation when he broke with the Catholic Church over the practice of indulgences14831546Germany
James MadisonFounding Father and fourth president of the U.S., Madison is known as the father of the Constitution and the author of the Bill of Rights, as well as a co-author of the Federalist Papers with Alexander Hamilton and John Jay 17511836America
Karl MarxHis political theories were so revolutionary he lived in exile much of his life, with his works The Communist Manifesto and Das Kapital exerting enormous influence on subsequent intellectual thought and world history18181883Germany, England
John Stuart MillA key thinker in the pantheon of classical liberalism, Mill contributed to political theory, political economy, and social theory among others18061873England
MoziAn ethical philosophy advocating the caring for everyone equally470 BC391 BCChinaLegalism
MohammadArab social and political leader who founded the religion of Islam570632Mecca
Isaac NewtonOne of the greatest scientists of all time, Newton discovered gravity and the laws of motion among much else16421727England
Friedrich NietzscheKey figure in modern intellectual history18441900Germany
Alfred NobelInventor and philanthropist who gave his fortune to establish the Nobel Prize18331896Sweden
Georgia O'KeeffePainter known as the Mother of American modernism18871986America
Thomas PainePolitical theorist and revolutionary whose pamphlets Common Sense and The American Crisis helped persuade the colonists to declare independence from Great Britain17371809Britain; America
Parmenidesearly Rationalist; believed our perceptions are an illusion shielding us from true reality, which is only discernable via human reason515 BC445 BCGreecePlato
Louis PasteurA French chemist and microbiologist who discovered vaccination and pasteurization, Pasteur is considered the father of bacteriology and the father of microbiology18221895France
PetrarchPetrarch's rediscovery of Cicero's letters helped spark the Italian Renaissance in the 14th century13041374Italy
Philo of AlexandriaPhilosopher and theologist who entwined Jewish exegesis and Stoic philosophyc. 20 BCc. 50 ADAlexandria, Egypt
PlatoPlatonic Forms427 BC347 BCGreeceAristotle
Pliny the ElderAuthor, naturalist, and navy commander who wrote encyclopedic works on natural philosophy2379Rome
Marco PoloThe first European to create a detailed history of his voyage to Asia via the Silk Road, including China, Japan, Persia, India, Sri Lanka, and Vietnam.12541324Italy
Neil PostmanThe professor and cultural critic warned against the ill effects of tchnology and is best known for his book Amusing Ourselves to Death (1985)19312003America
ProtagorasFather of relativism; coined the phrase "man is the measure of all things"490 BC420 BCGreece
PythagorasThe Pythagorean theorem570 BC495 BCGreeceParmenides
François RabelaisA writer, physician, Greek scholar, Renaissance thinker, Rabelais is infamous for his satirical and bawdy humor14831553France
John RawlsMoral and political philosopher known for the thought experiment known as the "veil of ignorance," in which participants make decisions about the society they will live in without knowing a priori which class or social position they themselves would occupy. 19212002American
Jean-Jacques RousseauPolitical philosopher whose concept of the Social Contract inspired the French and American Revolutions, and underpins all modern liberal democracies17121778FranceThe Enlightenment, French Revolution
Jean-Paul SartreA key thinker in the philosophy of existentialism19051980France
Arthur SchopenhauerThe German philosopher was one of the first in the west to embrace Indian philosophy, including asceticism, self-denial, and the concept of worldly illusion. He influenced many other important thinkers and creators of the 19th and 20th centuries17881860PolandLudwig Wittgenstein, Albert Einstein, Sigmund Freud, Carl Jung, Leo Tolstoy, Herman Melville, Thomas Mann, Hermann Hesse, Jorge Luis Borges, Samuel Beckett, Richard Wagner, Arnold Schoenberg, Gustav Mahler
Joseph SchumpeterAn Austrian emigree to the US, Schumpeter taught at Harvard and popularized the economic term "creative destruction"18831950Hungary, United States
SenecaRhetoric teacher and Stoic philosopher55 BC37 ADRoman Empire
Adam SmithThis Scottish philosopher was a pioneer of political economy, and is widely regarded as the father of economics and the father of capitalism.17231790ScotlandDavid Hume
SocratesWidely considered a founder of philosophy; the dialectic method, among much else469 BC399 BCGreecePlato
SpinozaAn early Enlightenment thinker inspired by Descartes to go on to lead the Dutch Golden Age16321677The Netherlands
Nicholas Nassim TalebThe author, mathematical statistician, and former options trader has written several influential books on probability, uncertainty, and randomness.1960Lebanon, America
ThalesPosited water as being the basic material of the cosmos624 BC546 BCMiletus, Greece
TheocritusCreator of ancient Greek pastoral poetryc. 300 BCc. 260 BCGreece
ThucydidesAthenian historian and general who wrote the History of the Peloponnesian War about the conflict between Sparta and Athens460 BC400 BCGreece
Edward TufteProfessor of computer science at Yale and a pioneer in the field of data visualization1942America
VirgilRegarded as one of Rome's greatest poets, Virgil penned the Aeneid, the national epic of ancient Rome70 BC19 BCRomeDante and the Divine Comedy
VitruviusRoman author, architect, and army engineer known for his significant contributions to architecture and designc. 80 BCc. 15 BCRomeThe Vitruvian Man by Leonardo da Vinci
VoltaireKey figure in the Enlightenment, Voltaire was famous for his criticism of the Catholic Church and advocacy of civil liberties including freedom of speech, freedom of religion, and the separation of church and state16941778FranceJean-Jacques Rousseau
James WatsonCredited with discovering the double helix structure of the DNA molecule1928America
Max WeberGerman historian and political economist widely regarded as one of the most important theorists of modern Western society18641920GermanyCritical theory, the Frankfurt School
Ludwig WittgensteinConsidered one of the greatest modern philosophers, Wittgenstein made significant contributions to the philosophy of mathematics, the philosophy of language, and the philosophy of mind.18891951Austria, England
ZenoFounder of the Stoic school of philosophy in 4th c. BCE Greece and Parmenides's most famous student.c. 495 BCc. 430 BCGreeceSocrates, Plato, Aristotle, Diogenes

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A national banking crisis in America that eventually spread to threaten economies around the globe, the economic crisis of 2007-8 was precipitated by the financial industry getting deeper and deeper into highly leveraged risk with a specific type of financial product called a subprime mortgage.

The loans were not of very high quality, due to the effects of predatory lending and of companies β€œpushing their luck” in a deregulated market by knowingly offering mortgage credit to Americans who couldn’t really afford to buy the homes they were encouraged to purchase. Mortgage underwriters were often incentivized with large bonuses for subprime signups, and even relatively well-off home buyers were often shepherded into subprime loans with worse terms than the traditional 30-year mortgages they would have qualified for.

Financial β€œhot potato”

The mortgages were securitized as complicated new types of assets, re-packaged into large bundles of derivatives to better obscure the sources, and rated far more favorably than warranted by the nation’s credit rating agencies. Sold swiftly around the world and especially here in the U.S. to institutional investors (who manage, among other securities, the pensions and retirement funds of the country), the game of financial β€œhot potato” ensured that almost no one in the complex chain of exchange had any incentive to take responsibility for the actual solvency of the underlying loans.

Eventually, the bubble popped and the house of cards came tumbling down. The downturn is widely regarded as the worst economic disaster in American history since the Great Depression of the 1930s, brought on by the stock market crash of 1929.

Moral hazard: Does commercial and investment banking under one roof create the wrong incentive?

In post-recovery, much scrutiny remains over the question of whether one specific law β€” the Glass-Steagall Act of 1933 which separated commercial banking from investment banking in response to the Great Depression β€” should be reinstated. Following its passage, the U.S. was able to stop the previous historical cycle of banking crises with regularity about every ~15 years:

…Until β€œstagflation” (high inflation coupled with stagnant growth) plagued the American economy in the 1970s, and the political establishment began to adopt policies heavily influenced by Milton Friedman and the Chicago School of economic thought, which borrowed heavily from an earlier wave of economic philosophy in the 1930s loosely congealed under the term β€œneoliberalism.” Widespread financial deregulation ensued, leading to the full repeal of Glass-Steagall in 1999. Many economists now point to the deregulation spree as the ultimate cause of the 2007-8 financial crash.


For a great resource on this, check out Matt Taibbi (of Rolling Stone fame)’s book Griftopia: A Story of Bankers, Politicians, and the Most Audacious Power Grab in American History

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