Steve Randy Waldman
@interfluidity.com

whip it out, join a sword fight, if your weapon glows you’re good.

in reply to this
Steve Randy Waldman
@interfluidity.com

I don't say everyone should subscribe to The New York Times regardless. Cancel! 1/

in reply to this
Steve Randy Waldman
@interfluidity.com

But "if everyone put their money where their mouths are" is like "if everyone eschewed Cheetos and ate only fresh veggies". It is not, in fact, how consumer choice works. 2/

in reply to self
Steve Randy Waldman
@interfluidity.com

If you want journalism to actually exist in the world, you have to come up with a better answer for how to finance it than insisting that if consumer choices were driven by deeper forms of virtue than in fact they are, things would work as well as an economics textbook says they should. /fin

in reply to self
Steve Randy Waldman
@interfluidity.com

The New York Times offers international journalism, but not just. The New York Times is the primary source of in-depth, investigative domestic journalism as well. 1/

in reply to this
Steve Randy Waldman
@interfluidity.com

Do you think American audiences can replace The New York Times with BBC and Al Jazeera? Both of which have their own, rather terrible biases. Both of which also are funded in order to launder those biases to their audiences. 2/

in reply to self
Steve Randy Waldman
@interfluidity.com

A very discriminating news consumer can follow all of these interest-laundering organizations and hope that, in doing so, they can tease out the common journalistic signal and wash away the insidious bias. We can't, but we can do our best and it's the best we can do. 3/

in reply to self
Steve Randy Waldman
@interfluidity.com

But note this doesn't imply boycotting The New York Times. It implies subscribing to it, despite its shittiness, and subscribing to the others too, despite theirs, in order to help support the diverse ecosystem of shit from which some approximation of truth might be fertilized. /fin

in reply to self
Steve Randy Waldman
@interfluidity.com

I support, qua BBC, public finance of media, but unlike BBC in UK, public finance of a diverse panoply of sources. Consumers won't finance journalism, something else must, I'd rather a diverse range of public sources than (inevitably along with) plutocrats drafts.interfluidity.com/2025/03/09/v...

Voice of a Maryland

in reply to self
Steve Randy Waldman
@interfluidity.com

what i think The New York Times, Brookings, and Harvard all have in common.

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Steve Randy Waldman
@interfluidity.com

I mean, I only subscribe to NYT because they keep offering it for a very low price when I go to quit. But The Atlantic. Wired. TechDirt. Texas Tribune. Teen Vogue. can rival the NYT in terms of providing the consumer good of content. But they don't, can't, do the job NYT does. The journalism. 1/

in reply to this
Steve Randy Waldman
@interfluidity.com

The New York Times maintains significant international bureaus. It maintains a large staff of very skilled, very expert journalists who pursue investigative work over months and years. It has a near monopoly on these capabilities now. It is what is left of what was once the newspaper industry. 2/

in reply to self
Steve Randy Waldman
@interfluidity.com

Organizations like Propublica do this kind of work, but only domestically, and they don't have nearly the NYT's resources. I like Propublica much, much better than the NYT, because they don't have NYT's shitty editorial biases! 3/

in reply to self
Steve Randy Waldman
@interfluidity.com

But there is no constellation of Propublicas that can replace or match the New York Times. 4/

in reply to self
Steve Randy Waldman
@interfluidity.com

The fundamental problem begins where you started! The consumer good of content is easily created, increasingly automatically, and to paying audiences it can be much more engaging and entertaining than actual journalism. 5/

in reply to self
Steve Randy Waldman
@interfluidity.com

Actual journalism requires, has always required, a business model based on criteria other than consumer choice. 6/

in reply to self
Steve Randy Waldman
@interfluidity.com

It used to be a prestige loss-leader funded by other things, e.g. classified ads. But unbundling, plus and increasingly competitive media landscape (no 3 network lock), has eliminated that source of funding. 7/

in reply to self
Steve Randy Waldman
@interfluidity.com

So we have the philanthropic efforts like Propublica. And we have the business model of The New York Times, which is also the business model of The Brookings Institution, and the business model of Harvard. 8/

in reply to self
Steve Randy Waldman
@interfluidity.com

What The New York Times sells is making the worldview of liberal plutocrats seem sensible and palatable. 9/

in reply to self
Steve Randy Waldman
@interfluidity.com

Brookings sells the same, just on the academic rather than journalistic terrain. Harvard sells the pedigree of the children of liberal plutocrats. 10/

in reply to self
Steve Randy Waldman
@interfluidity.com

In all three cases, the business model is bundling and laundering. At Harvard they bundle selection of the very brightest students with selection of legacy admits, and give them indistinguishable degrees. That launders the crap "merit" of the legacies. 11/

in reply to self
Steve Randy Waldman
@interfluidity.com

NYT and Brookings finance and publish some of the very best work, journalistically and social science-ly, on the planet. They mix into that best work editorial biases that promote the anti-social-democratic worldview of liberal plutocrats. 12/

in reply to self
Steve Randy Waldman
@interfluidity.com

Those crap biases get bundled with and laundered by the excellent work also produced by the same organizations. It becomes difficult for outside consumers to distinguish excellence itself from the worldview of liberal plutocrats. 13/

in reply to self
Steve Randy Waldman
@interfluidity.com

That's the business model of these three institutions! It is why they thrive, even while journalism and academia more broadly struggle. 14/

in reply to self
Steve Randy Waldman
@interfluidity.com

It is beyond the capability of consumer choice to remedy. Sure, consumers could boycott these things and render them worthless. But consumers offer no business model that could support the excellences these organizations do provide, which require some non-consumer-choice-based source of funding. 15/

in reply to self
Steve Randy Waldman
@interfluidity.com

So in the existing fallen world, if we want the excellence, we have to take them cleverly leavened with the poisons of their backers, and do our best to disentangle the arsenic from the apple sauce. 16/

in reply to self
Steve Randy Waldman
@interfluidity.com

It's not ideal! But a fix will have to go deeper than voting with our wallets. /fin

in reply to self
Steve Randy Waldman
@interfluidity.com

if you want to know an administration that was full of RINOs, according to the second Trump administration, it was the first Trump administration.

Steve Randy Waldman
@interfluidity.com

it’s challenging when the only adequately resourced institution that engages in serious journalism also has deranged editorial biases. we can vote with our wallets only for the lousy bundles actually available, just as when we vote with our votes we vote for a party we don’t love.

in reply to this
Steve Randy Waldman
@interfluidity.com

i’ve encountered lots of events livetweeted, but this qualifies as an innovation.

in reply to this
Steve Randy Waldman
@interfluidity.com

if depression is learned helplessness, we are as a polity collectively depressed, and making rash, dysfunctional choices as a consequence.

Steve Randy Waldman
@interfluidity.com

there’s a difference, though, between overlooking the personal wrongdoings of elites and operating the state itself without regard to legal constraint.

in reply to this
Steve Randy Waldman
@interfluidity.com

it’s disconcerting when you realize we are living in a country whose the state follows laws only as a matter of habit, whose leaders override those laws and act on whim whenever they choose to, until, over time, there is not much left of the old habits of law.

Steve Randy Waldman
@interfluidity.com

i don’t get why the humans tolerate the indignity of shitting, nearly every day.

Steve Randy Waldman
@interfluidity.com

📌

in reply to this
Steve Randy Waldman
@interfluidity.com

if ai comes and takes our jobs we could just hire people to give a fuck about one another.

Steve Randy Waldman
@interfluidity.com

foreign rule is not a problem in a world of independent territorial states. the age of overt empire is past (at least for now). the problem of “foreign rule” now is a problem of failing states, where some residents are disenfranchised while others rule. that is a problem made of ethnonationalism.

in reply to this
Steve Randy Waldman
@interfluidity.com

i think the answer is US style “open” parties are an (inadequate) attempt to address the lack of choice in a two-party system and PR proponents intend stronger, more “closed” parties when free entry provides that choice. 1/

in reply to this
Steve Randy Waldman
@interfluidity.com

ideally you’d liberalize party internals at the same time you reform the electoral system, although the transition does merit thinking about. (perhaps the “legacy” parties should remain open membership and primary driven, while new parties organize as they see fit.) /fin

in reply to self
Steve Randy Waldman
@interfluidity.com

whining ineffectually about norm violations does not constitute enforcement of norms.

Steve Randy Waldman
@interfluidity.com

one lesson we might learn is that when a romantic ethonational project inevitably turns rancid, persecutes and murders members of other groups, the right response is not to exalt and reward whatever romantic ethnonational project might take hold among the victims. 1/

Steve Randy Waldman
@interfluidity.com

romantic ethnonationalism is the problem, not the identity or virtue or lack of virtue of the groups that ethnonational movements construct in both positive and negative space. /fin

in reply to self
Steve Randy Waldman
@interfluidity.com

by doing it stupidly, he’s giving ammunition to dogmatic neoliberals, who always claim defying market logics (as they define them) can only yield disaster. Trump’s narcissistic heterodoxy will make that seem right!

in reply to this
Steve Randy Waldman
@interfluidity.com

capital controls can be! i’ve written many words in favor of well designed capital controls. ad hoc, discretionary vigs are not that. this is just stupidity masquerading as toughness.

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