[FRIAM] What is Wealth for?

[Frank Wimberly]

Intergenerational wealth:

Once two  faculty colleagues and I heard that if we could put together a
proposal in a couple of days on intergenerational wealth it would be
funded.  It was a brand new RFP and had to get proposals quickly so that
NSF could get Congressional funding.

The review of our proposal said that it looked like it had been thrown
together by three guys who heard that it they submitted a proposal quickly
it would be approved.

It shows that there was interest in the effects of inheritance by
government agencies.

Anybody else here remember this RFP?



---
Frank C. Wimberly
140 Calle Ojo Feliz,
Santa Fe, NM 87505

505 670-9918
Santa Fe, NM

On Wed, Mar 17, 2021, 9:20 AM uǝlƃ ↙↙↙ <gepropella at gmail.com> wrote:

> Well, first, I don't think "party" is a singular dimension. I think it's
> at least 2D. And 2D is ε-better than 1D as in money or distance, if the
> "breaking" is stable in the long-term. But I don't buy it, any more than I
> buy the 2D political compass. The ε is so small, here, compared to the
> effective number of dimensions that 2D = 1D, for practical purposes.
>
> Dreyfus makes a Heideggerian case against the representationalism and the
> extended mind based on space, as well. So, it seems completely reasonable
> to accuse that of Heidegger's use of "distance". But all that filosifickle
> hooey is largely irrelevant to this discussion of the individual and
> societal purposes of wealth.
>
> We use the word "wealth" sometimes synonymize with and sometimes to
> distinguish from "rich". But the distinction is, largely, one of accretion.
> There's a scaling difference between high income vs wealthy, exhibited well
> (I think) by *inheritance*. I found this article during my insomnia this
> morning:
>
>
> https://evonomics.com/to-tackle-inequality-we-need-to-start-talking-about-where-wealth-comes-from/
>
> And it fleshes out from the reduced measure of money enough to link in our
> delusion of meritocracy. And that, again, points back to private property
> and ownership. If by "operation warp-speed", you mean choosing corporate
> *ownership* over public domain, then we should not cancel those canaries
> but amplify their voices. Especially for those of us outside large
> institutions with subscriptions to Elsevier journals, we should argue
> *for*, not against, open access:
>
>
> https://osc.universityofcalifornia.edu/uc-publisher-relationships/uc-and-elsevier/
>
> But if that's not what you mean by "those who warn of the dangers of
> operation warp-speed", then I don't know what you mean and have no idea who
> you're suggesting we cancel.
>
> On 3/16/21 12:37 PM, jon zingale wrote:
> > "Focusing on that inappropriate reduction *is* the point"
> >
> > Is exactly the point. One could begin to describe the world
> synthetically by
> > reaching for some tools like distance, or one can analyze by factoring
> the
> > world into a tool like distance. Both are available as interpretations.
> > Heidegger is concerned with compactness and he is describing it in terms
> of
> > the end of distance, the end of near and far. I don't believe he is
> simply
> > saying that all is factored into distance. Interpretation, though, is
> > constrained by habit.
> >
> > By contrast, from today's NYT:
> >
> > """
> > While there are degrees of opposition to vaccination for the coronavirus
> > among a number of groups, including African-Americans and antivaccine
> > activists, polling suggests that opinions, in this case, are breaking
> > substantially along partisan lines.
> > """
> >
> > The rhetoric expressed here is clearly quantity-centric. The article
> makes
> > claims about the *degrees* of opposition among a *number* of groups. It
> is
> > suggested that, via polling, that the degree of breaking (substantially)
> is
> > along the singular dimension of party. The underlying assumption for this
> > kind of rhetoric is that space is a universal metaphor. This is very
> > different, to my mind, than what one must bring to reading Heidegger, the
> > Frankfurt school, and (quite explicitly) to Bergson.
> >
> > To make things a little more muddled, now that AZ is getting some much
> > blowback for the blood clots and brain hemorrhages, should we push
> harder to
> > cancel those that warn of the dangers of operation warp-speed?
>
>
> --
> ↙↙↙ uǝlƃ
>
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