Cargo ships are seen at the entrance to the Bosporus Strait in Istanbul, Turkey, on Nov. 2, 2022. © Nicole Tung/Bloomberg /Getty

Resilience/Patriotism

August 8, 2024

Isabella Weber has catapulted to the commanding heights of the heterodox economics world. With equal amounts of panache and perspicacity, Weber’s analysis has changed how we think about strategic price controls and inflation. In this Ideas Letter essay, she updates and deepens Naomi Klein’s concept of disaster capitalism and shifts the lens from the firm to the industry, in this case shipping. Can capitalism with a human face be confected without heeding Weber’s counsel?

Catharine Stimpson, a legend in American arts and letters, has over a storied career worked prodigiously to establish Women’s Studies as an exemplary field in US higher education. Here she looks back at her life refracted through America’s, and works to understand how we can be patriotic, critical, and decent. Carly Simon once sang that “Nobody Does it Better”; I have often felt the same about Kate’s intellectual contributions.

In our curated content this week we lead with a piece from our good friends at Aeon on epistemology, showcasing a novel way to inquire how we know what we know. We follow with a revisiting and perhaps reigniting of what had once been all the rage in the world of political economy: dependency theory. We then move to a sharp critique of a world we at The Ideas Letter inhabit: the philanthropic-industrial complex. How much can we pin the blame on Gates for what’s gone sour? We conclude with an arresting interview with Bedour Alagraa and her concept of “interminable catastrophe,” here as it relates to the savage politics of Sudan.

Our musical selection for Issue 22 of The Ideas Letter comes from the guitar virtuoso Marc Ribot and his turn of the twenty-first century collective, Los Cubanos Postizos. Here he is both plaintive and powerful playing his composition Aurora en Pekin.

—Leonard Benardo, senior vice president at the Open Society Foundations