london review of books

F-35

While America’s infrastructure rots, we build the most expensive weapon ever

Summary: While America’s infrastructure rots, we will spend $1.5 trillion on the F-35. The most expensive weapon ever built, it’s probably as obsolete as battleships in 1940. Here is the tale of how this garbage fire of America’s cash began and while it burns out of our control. See the dismal status reports at the …

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Wolfgang Streeck explains how to reform capitalism for a better 21st century

Summary: We have hundreds of ideas for small reforms of America, but few for radical reform of the capitalist system that runs it. As a demonstration of this problem, Wolfgang Streeck gives a profound critique of capitalism and Adam Tooze  one of the most powerful essays I have seen in a long time. This is part …

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Wolfgang Streeck asks “How will capitalism end?”

Summary: Lost in the trivia of the daily news, we can easily lose sight of the great issues shaping our times.  Such as the future of capitalism, tested by demographic change, slowing growth, rising inequality, and political turmoil. Here is the first of two posts with insights by Wolfgang Streeck and Adam Tooze; one of …

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Does terrorism work? Richard English gives the answer.

Summary: A large literature discusses the effectiveness of foreign armies and their tools against insurgencies, but few ask about the other side. Does terrorism work for insurgents? A new book by Richard English fills that gap, with some surprising conclusions. Since terrorism is a key tool of 4GW, the dominant form of war in our …

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The third wave of Jihad begins. We will soon see its power.

Summary: Jeremy Harding at the LRB looks at the next big step by jihadists, and the amazing oddity of the West’s response.   Introduction Modern jihad has gone through several phases, each stronger and more virulent than the predecessor. First came Afghanistan’s Mujahideen, who burned out in internecine conflict (defeated by the Tailiban). Al Qaeda …

The third wave of Jihad begins. We will soon see its power. Read More »

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