It supplements other sources of public finance such as issuance of currency notes and coins, charging for public goods and services and borrowings.
But in our day and age we are witnessing the rise of a new collusion, one between the Pentagon and the tech industry that it helped to seed, that is committed to waging a covert war against people the world over.
Now, in the 21st century, it is time to give this new threat a name: Welcome to the age of the information-industrial complex. This is The Corbett Report. Of all the things that President Dwight D. Eisenhower did during his years in office, it is for a single phrase from his farewell address that he is best remembered today: The potential for the disastrous rise of misplaced power exists and will persist.
Think of their explanatory power. Why did the US use inflated estimates of Russian missile capabilities to justify stockpiling a nuclear arsenal that was more than sufficient to destroy the planet several times over?
Why did America send 50, of its own to fight and die in the jungles of Vietnam, killing untold millions of Vietnamese not to mention Cambodians? Why has Trump not only continued but further expanded the US military presence in Africaincreased US aid to Israel and Saudi Arabiaactively enabled the war crimes in Yemen that have led to the largest cholera outbreak in human historyand killed more civilians in his first six months in office than former drone-king Obama killed in his entire eight-year presidency?
What Eisenhower is ultimately describing is the rise of American fascism; the merger of government and corporate power. What term can better capture the nature of early 21st century American political life? Yet this is precisely the case of Dick Cheney and Halliburton.
It would be difficult to think of a more blatant example of the military-industrial complex fascism that Eisenhower was warning of.
In the same fashion, the free university, historically the fountainhead of free ideas and scientific discovery, has experienced a revolution in the conduct of research. Partly because of the huge costs involved, a government contract becomes virtually a substitute for intellectual curiosity.
For every old blackboard there are now hundreds of new electronic computers. If scientific research half a century ago was dominated by federal grants and expensive computer equipment, how much more true is that for us today, half a century later?
So what is the problem with this? But instead of the military-industrial fascism that dominated so much of the 20th century, he was describing here a new fascistic paradigm that was but barely visible at the time that he gave his address: Once again, the threat is that the industry that grows up around this government-sponsored activity will, just like the military-industrial complex, begin to take over and shape the actions of that same government.
In this case, the warning is not one of bombs and bullets but bits and bytes, not tanks and fighter jets but hard drives and routers. Why is a company like Google going to such lengths to capture, track and database all information on the planet?
Why were all major telecom providers and internet service providers mandated by federal law to hardwire in back door access to American intelligence agencies for the purpose of spying on all electronic communications? Why would government after government around the world target encryption as a key threat to their national security, and why would banker after banker call for bitcoin and other cryptocurrencies to be banned even as they plan to set up their own, central bank-administered digital currencies?
The effects of this synthesis are more and more felt in our everyday lives. Every single day hundreds of millions of people around the world are interfacing with Microsoft software or Apple hardware or Amazon cloud services running on chips and processors supplied by Intel or other Silicon Valley stalwarts.
How many know, for instance, that Google has a publicly acknowledged relationship with the NSA? Or that a federal judge has ruled that the public does not have the right to know the details of that relationship?
Or that Google Earth was originally the brainchild of Keyhole Inc.Net Neutrality, the big debate, Free basics - It is a principle, which says that all traffic on the internet should be treated equally and there should be no discrimination by Telecommunication companies/Internet Service Providers.
This paper provides quantitative data that, in many cases, open source software / free software is equal to or superior to their proprietary competition. The paper examines market share, reliability, performance, scalability, scaleability, security, and total cost of ownership; it also comments on non-quantitative issues and unnecessary fears.
In the United States, net neutrality, the principle that Internet service providers treat all data on the Internet the same, and not discriminate, has been an issue of contention between network users and access providers since the s.
In , the Federal Communications Commission adopted network neutrality principles "to preserve and promote the vibrant and open character of the Internet. Regulation of the Internet of Things.
Late last month, popular websites like Twitter, Pinterest, Reddit and PayPal went down for most of a day. The distributed denial-of-service attack that caused the outages, and the vulnerabilities that made the attack possible, was as much a failure of market and policy as it was of technology.
If we . Amazon is the titan of twenty-first century commerce.
In addition to being a retailer, it is now a marketing platform, a delivery and logistics network, a payment service, a credit lender, an auction house, a major book publisher, a producer of television and films, a fashion designer, a hardware manufacturer, and a leading host of cloud server space.
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