A Revolution Without Ideals

The Commentary Magazine Podcast

Commentary Magazine

News Commentary, Politics, News

4.6 • 4.5K Ratings

🗓️ 11 June 2020

⏱️ 55 minutes

🔗️ Recording | iTunes | RSS

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Summary

The COMMENTARY podcast discusses the Hobbesian state of nature into which Seattle is descending as the protesters’ demands shift away from racial justice and toward the abolition of capitalism. The anti-police backlash increasingly appears to view human nature and the institutions mankind creates as perfectible, which is a fallacy that can only exist (somewhat counterintuitively) in the absence of... Source

Transcript

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0:00.0	You'll know from Instagram.
0:22.8	Welcome to the commentary magazine Daily podcast.
0:29.4	I'm John Podhwards, the editor of commentary magazine with me as always.
0:35.4	Senior editor Abe Greenwald.
0:37.4	Hi Abe.
0:38.4	Hi John.
0:39.4	Senior writer Christine Rosen.
0:40.4	Hi Christine.
0:41.4	Hi John.
0:42.4	And associate editor Noah Rothman.
0:44.4	Hi Noah.
0:45.4	Hi John.
0:46.4	So Noah just pointed out to me that the there's a gigantic market correction going on today.
0:51.4	Down, down almost 6% according to what I'm reading, not that anybody ever knows why these things happen.
0:58.4	There is a sudden new mood of pessimism regarding the reopening and a supposed surge in coronavirus cases.
1:13.4	But if you dig into the numbers, I'm not entirely sure that what they show is a surge in coronavirus cases.
1:22.4	And I'm a little curious as to why today of all days we are having this reaction.
1:32.4	Because the one thing that I did see was this claim that a Texas was suddenly in bad shape.
1:39.4	And when I looked and saw the hospitalization rate, what it said was that 106 people had been hospitalized yesterday for coronavirus in a state of 20 million people.
1:52.4	So that just doesn't strike me as a number or the growth in the number from the days previous.
2:01.4	The sort of thing that should cause a panic or a market sellout.
2:05.4	Well, nobody really knew why the market was performing as well as it was before to begin with.
	...

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