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vgr's profile
Venkatesh Rao
Venkatesh Rao
Venkatesh Rao
@vgr

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Venkatesh Rao

@vgr

Conversational account. For work follow @ribbonfarm, @breaking_smart, @artofgig. Tweets are 90% vacuous views, apathetically held. Mediocritopian. IKEA builder.

Los Angeles, CA
venkateshrao.com
Joined August 2007

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    1. Venkatesh Rao‏ @vgr Sep 19
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      The political-cultural war obscured the central truth of neoliberalism: Blue America overwhelmingly won an economic war ironically thanks to the way Reagan set up the post-Nixonian economic chessboard.

      1 reply 3 retweets 25 likes
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    2. Venkatesh Rao‏ @vgr Sep 19
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      Red America is economically moribund, living off subsidized commodity industries half of which are under threat due to the energy transition, and automation. Culturally it years for 1830. Economically it has nothing left in the tank except a wishful fantasy of dominating China.

      2 replies 4 retweets 32 likes
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    3. Venkatesh Rao‏ @vgr Sep 19
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      Their *best* utopia is that China continues to buy hogs and soybeans and leaves just enough manufacturing here based on obsolete machinery to let it feel technologically needed. This is.... grim. Not a future I’d want to stay alive for.

      1 reply 2 retweets 23 likes
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    4. Venkatesh Rao‏ @vgr Sep 19
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      They’ve seemingly given up all hope of participation in any economic activity that has emerged since about 1985. They use computers but act like they wish the PC and everything that came after hadn’t been invented at all. It’s odd to not feel at least a little excitement about it

      2 replies 1 retweet 21 likes
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    5. Venkatesh Rao‏ @vgr Sep 19
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      Venkatesh Rao Retweeted  🪐 🧙🏼‍♂️ ✨

      unPlan because what Red America *has* right now is something like a 1980s vintage Marshall Plan. It’s a bad 1940s vintage plan based on a self-template mix of trying to install the free market via a command economy.https://twitter.com/mwiik/status/1307394786895245315?s=21 …

      Venkatesh Rao added,

       🪐 🧙🏼‍♂️ ✨ @mwiik
      Replying to @vgr
      unPlan? Could you clarify? Thanks
      1 reply 1 retweet 16 likes
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    6. Venkatesh Rao‏ @vgr Sep 19
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      It was an advanced idea for 1948. It was a bad idea for 1985 that created a dysfunctional Red welfare state that aimed to prop up dignity without creating any real economic agency. In 2020 it is a hopelessly bad model.

      2 replies 2 retweets 12 likes
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    7. Venkatesh Rao‏ @vgr Sep 19
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      West Germany at least emerged as modern techno-economic powerhouse out of the ruins of WW2 thanks to the Marshall Plan. Nothing like it has emerged out of the 80s devastation of Red America. An unPlan is needed that builds real economic agency instead of flattering Red conceits.

      2 replies 0 retweets 17 likes
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    8. Venkatesh Rao‏ @vgr Sep 19
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      My unit of analysis for this is “Red donuts and blue holes” It’s more an urban-suburban-rural divide than states vs states. It only looks like a states vs states cold war because of the US electoral system. Post-Covid migration patterns are an opportunity for economic healing

      1 reply 1 retweet 29 likes
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    9. Venkatesh Rao‏ @vgr Sep 19
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      Marshall Plan helped create the Cold War. Reaganomics helped create the US Civil Cold War with Red America cast as the USSR. It’s now morphing into a hot Civil War with McConnell as Red America’s Putin.

      4 replies 1 retweet 14 likes
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    10. mark safranski‏ @zenpundit Sep 19
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      Replying to @vgr

      No the Marshall Plan was a response to a Cold War already well underway. The USSR and Eastern Europe were invited to participate - we knew they would decline because it was incompatible with Stalinist autarkic planned economy and managed trade policies and police state

      2 replies 0 retweets 2 likes
      Venkatesh Rao‏ @vgr Sep 19
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      Replying to @zenpundit

      I read the book.... My read is that the MP flipped the switch turning a potential CW into an actual one. Stalin bluffed, Marshall called the bluff by forking West Germany, and the currency conflict in Berlin during the siege officially launched the actual Cold War.

      12:40 PM - 19 Sep 2020
      2 replies 0 retweets 0 likes
        1. Venkatesh Rao‏ @vgr Sep 19
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          Replying to @vgr @zenpundit

          Ie there was a small but nonzero chance of a non-Cold-War future if MP hadn’t been unilaterally rolled out. Even despite Stalin’s bad faith dealings post-Potsdam.

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        2. mark safranski‏ @zenpundit Sep 19
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          Replying to @vgr

          The siege may have had a lot to do with it 😀 Also Iran, breaking agreements in regard to the Polish elections. Stalin was also blamed for the Greek civil war but that was in truth mostly Tito’s doing against Stalin’s advice

          1 reply 0 retweets 0 likes
        3. mark safranski‏ @zenpundit Sep 19
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          Replying to @zenpundit @vgr

          In a nutshell, Stalin insisted on Eastern Europe not just as a security zone (which Stimson could live with) but fully communized satellites, unlike with Finland. We couldn’t live with that. Or rather we could but refused to subsidize it

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