Archive for June, 2013

Confucian Restoration

One of the many reasons to be suspicious about political activism on the Occidental off-spectrum right is the parochialism that feeds it. There is a global process that will settle what occurs in its broad structure, making local pretensions to decisive ideological agency simply ridiculous.

The fundamental economic outcome — and thus the fate of the world — is not ultimately controllable even by the central financial administrations of the major world powers (unless certain intriguing axioms of radical contemporary fascism are defensible), so the idea that extremely marginalized Western cabals are positioned to seize the political driving seat is so saturated in self-deception that it wastes everybody’s time. In addition, technological developments complicate all economic forecasts essentially, and obscurely. We cannot even approximately delimit what unforeseen technical breakthroughs could entail.

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June 10, 2013admin 44 Comments »
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Outsider

An “execrable” racist “remains insanely popular”, the Guardian agonizes. “So why do we continue to fete Lovecraft instead of burying him quietly away?”

That ‘we’ is more terrifying that anything H.P. Lovecraft ever put to paper.

June 9, 2013admin 6 Comments »
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Peace Dividend

Glenn Reynolds notices an emerging interpretation of PRISM as a phenomenon internally connected to geopolitical pacifism. Making unilateral peace requires infinite vigilance.

First Steyn:

The same bureaucracy that takes the terror threat so seriously that it needs the phone and Internet records of hundreds of millions of law-abiding persons would never dream of doing a little more pre-screening in its immigration system … Because the formal, visible state has been neutered by political correctness, the dark, furtive shadow state has to expand massively to make, in secret, the judgment calls that can no longer be made in public.

Then WRM:

PRISM and similar programs aren’t a ghastly misstep or an avoidable accident. They are the essence of Obama’s grand strategy: public peace and secret war. To cool down the public face of the war, he must intensify the secret struggle.

Richard Fernandez comments.

There’s some kind of conservation law at work there, and they always have the potential to trip people up. Bad outcomes are conserved might be too harsh, but it gets close to something.

June 8, 2013admin 11 Comments »
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Sinocoin

Outside in is preparing an open letter to the government of the PRC, recommending the creation of a Bitcoin clone. The state-level incentive for such an initiative would be to refashion the global financial order in preparation for the ending of US Dollar status as the world reserve currency. It does not seem difficult to present this as a matter of clear Chinese national interest, with definite spin-off benefits to the country’s political and economic elites, its ordinary savers, and supporters of economic freedom worldwide.

Sinocoin (to use its English name), would be released by the PBoC, and then — like BitCoin — be irretrievably autonomous. The Sinocoin algorithm would be a perfect Bitcoin clone, assuming (realistically) that the PRC government would not be inclined to upgrade it with strengthened user anonymity patches. However, PBoC reserves could be used, in accordance with a publicly announced policy, to sustain a floor valuation for the currency in its initial stages. Limited controls on RMB / Sinocoin exchange might provide a longer range mechanism for the suppression of Sinocoin volatility.

Sinocoin would be a complementary initiative to Bitcoin, designed to avoid the disruptive effects that large-scale Chinese forex interventions would have on the latter currency. Bitcoin / Sinocoin exchange rates would provide a valuable index of Chinese financial integration into the emerging (Modernity 2.0) global economy. Parity is to be considered the ultimate natural equilibrium (with Sinocoin outperforming Bitcoin during its early decades).

If anybody has suggestions to make about the technical, economic, or political implications of such a development, they can be discussed here, and carefully considered prior to drafting the proposal. Unless specifically requested, contributor information will not be willingly passed on to either Chinese or US financial authorities or intelligence services.

June 7, 2013admin 28 Comments »
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Chaos Patch (#3)

As per request.

Weekend disorder now enabled (although I have no idea at all what to expect).

ADDED: CP#3 Topic Summary:
— Bitcoin in China (with some surrealism)
— thread instigator (Peter A. Taylor) introduces the topic of ‘Gnon polity’ with suggestions for institutional structures and reading list …
— Why not the Antiversity? (with digression into chaos theory)
— Call it Resartus (or at least grab the domain name) … a new Lunar Society?
— … cryptic chaos …
— Time-travel obviously impossible (at least without a very bad hangover)

June 7, 2013admin 82 Comments »
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Quote notes (#3)

Noureddine Krichene at ATol:

There are contrasts and similarities between the extinguished communism of Mao and the rising one of Bernanke-Obama. Both reject Hayek’s theory and the private sector, and believe in a provident state; wealth has to be redistributed equally. Both believe that capital has no remuneration and the interest rate has to be zero.

Nonetheless, there are contrasts between Mao’s Red Book and Bernanke-Obama collectivism. The former called for confiscation of private poverty and forced labor to work with hands and small tools; unemployment was not allowed and workers earned deservedly a share in the product. The Bernanke-Obama model is based on Keynesian economics and calls for creating as much demand as possible through fiscal deficits and money printing.

June 5, 2013admin 34 Comments »
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Xenotation (#1)

From Euclid’s Fundamental Theorem of Arithmetic (FTA), or unique prime factorization theorem, we know that any natural number greater than one that is not itself prime can be uniquely identified as a product of primes. The decomposition of a number into (one or more) primes is its canonical representation or standard form.

Through the FTA, arithmetic attains the cultural absolute. Number is comprehended beyond all traditional contingency, as it exists for any competent intelligence whatsoever, human, alien, technological, or yet unimagined. We encounter the basic semantics of the Outside (comprehending all possible codes).

Insofar as numerical notation is constructed in a way that is extraneous to the FTA, we remain Greek. Our number signs fall lamentably short of our arithmetical insight, stammering deep patterns in a rough, ill-formed tongue. Stubbornly and inflexibly, we translate Number into terms that we know deform it, as if its true language was of no interest to us.

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June 4, 2013admin 23 Comments »
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Right on the Money (#2)

The most direct way to carry this discussion forwards is digression. That’s what the history of capitalism suggests, and much else does, besides.

To begin with uncontroversial basics, in a sophisticated financialized economy, debt and savings are complementary concepts, creditors match debtors, assets match liabilities. At a more basic level of economic activity and analysis, however, this symmetry break down. At the most fundamental level, saving is simply deferred consumption, which — even primordially — divides into two distinct forms.

When production is not immediately consumed, it can be hoarded, which is to say, conserved for future consumption. Stored food is the most obvious example. In principle, an economy of almost open-ended financial sophistication could be built upon this pillar alone. A grain surplus might be lent out for immediate consumption by another party, creating a creditor-debtor relation, and the opportunity for financial instruments to arise. Excess production, at one node in the social network, could be translated into a monetary hoard, or some type of ‘paper’ financial asset (producing a circulating liability). The patent anachronism involved in this abstract economic model, which combines primitive production with ‘advanced’ social relations (of an implicitly liberal type) is reason enough to suspend it at this point.

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June 3, 2013admin 81 Comments »
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Trolls

Trolls are funny, so long as they’re ruthlessly eliminated.

Firstly, they seem to be shocked and appalled to find that neoreactionary blogs are unconstrained by the masochistic principles of ultra-liberal comments policy.

Secondly, they totally miss the way relevant incentives line up, especially right now, given the debates unfolding about our own micro-cultural dysgenics. Comments are not any kind of asset to be welcomed with gratitude, unless they’re intelligent, appropriately directed, and reasonably civil. Otherwise, they’re just pollution. Why on earth — in an environment cross-cut by discussions about keeping well-meaning, polite-but-dim commentary at bay — would anybody expect the door to be held open to hostile snarls, snarky one-liners, insults, and disposable trash-talk?

Outside in has benefited immensely from some of the most brilliant commentary on the web. It takes very seriously the warning — most insistently from Vladimir — that the rational expectation is for entropy, so that high-quality discussion cannot at all be taken for granted. In consequence, the private army here is simply itching to string up a few random commentators as a sacrifice to Malthus. And then some graffiti-clad, obnoxious drunk, drooling troll stumbles it …

June 3, 2013admin 13 Comments »
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On Goulding

James Goulding is a thinker of truly extraordinary brilliance. His intellectual stance is closer to that of Outside in than almost any other blog listed in our sidebar. It is with considerable sadness, therefore, that I have sought to comply with his shifted self-definition by moving the link to suspiria de profundis out of the ‘neoreaction’ category.

Goulding is subtle, complex, and difficult, and his central ideas remain only partially digested here. In addition, my grasp of the stakes in his new direction is extremely unformed. There are nevertheless a few preliminary remarks that I hope are worth making.

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June 2, 2013admin 58 Comments »
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