Foreign Affairs (metered paywall) - 19 Jul 2017
According to Karam, cronyism (which occurs when government officials and business elites collude to benefit themselves) was the real victor of the cold war. It has in effect captured an ever-increasing share of economic activity around the world, so it is cronyism, not capitalism, which has ultimately prevailed. This system of collusion, now pervasive in the Western world as much as in emerging markets, undermines both democracy in government and competition in business (reads in 6-8 min).
Published in Weekly selection 21 July 2017
Vox - 6 Jul 2017
This is a rich, dense conversation between David Frum (the editor of the Atlantic) and Edward Luce (a FT columnist who’s just published “Liberalism Under Siege”) about the uncertain future of Western-style democracy. Luce argues that elite complacency and contempt for the disadvantaged have weakened democracy to a point where it is “far closer to collapse than we may wish to believe;” but Frum thinks this may be more about the retreat of Anglo-American liberalism (reads in 12-15 min).
Published in Weekly selection 7 July 2017
Wired - 25 May 2017
The evidence regarding the Kremlin’s strategy of weaponizing leaks to meddle with democracies around the world is becoming incontrovertible. A new report by a group of security researchers digs into a most troubling layer of those “influence” operations: Russian hackers alter documents within those releases of hacked material, planting disinformation alongside legitimate leaks. It’s easy to imagine how mixing fakes into leaks could expand beyond politics and could soon affect business and the markets (reads in 3-5 min).
Published in Weekly selection 26 May 2017