site banner
naraburns  nihil supernum  11mo ago (text post)   1449 thread views

Transnational Thursday for December 21, 2023

After thirty weeks as @Soriek's passion project, Transnational Thursday is getting added to the auto-post bot. But it hasn't been added to the bot yet, I think, so I'm posting it this week, with apologies to anyone whose plans I've mussed!

Transnational Thursday is a thread for people to discuss international news, foreign policy or international relations history. Feel free as well to drop in with coverage of countries you’re interested in, talk about ongoing dynamics like the wars in Israel or Ukraine, or even just whatever you’re reading.

12
Top Bottom Old Controversial Comments
Jump in the discussion.

No email address required.

Japan

The funding scandal contains to rage on. Prime Minister Kishida has fired four top ministers, all from the Shinzo Abe faction of the Liberal Democratic Party, including:

Chief Cabinet Secretary Hirokazu Matsuno; Economy and Industry Minister Yasutoshi Nishimura; Agriculture Minister Ichiro Miyashita; and Internal Affairs Minister Junji Suzuki. All have emerged as the alleged recipients of suspected kickbacks of unreported fundraising proceeds. But of course it’s not over. Prosecutors have now raided LDP party offices:

Investigators from the Tokyo District Public Prosecutors’ Office searched the offices of two LPD factions associated with former Prime Minister Shinzo Abe and former secretary-general Toshihiro Nikai, local media reported on Tuesday.

Prosecutors are investigating allegations that party officials failed to declare a combined 600 million yen ($4.18m) in fundraising proceeds, directing money to faction-run slush funds…

Kishida’s cabinet reshuffle, however, has done little to boost his flagging approval.

In an opinion poll published by the Mainichi newspaper on Sunday, 79 of respondents said they disapproved of the government – the highest figure since the poll began in 1947.

In other major Japan news, you’ve probably heard that US Steel, once the largest corporation in the world, is now being purchased by Nippon Steel for $55 a share. This may be less of a major deal than it sounds due to US Steel’s diminished status these days, though it certainly feels like it matters for symbolic reasons.

That $14.1 billion sale price, while a 40% premium from where US Steel’s stock closed Friday before the deal was announced, makes it a minor leaguer in today’s economy. The nation’s tech powerhouses - Apple, Google’s parent Alphabet, Amazon, Microsoft and Nvidia - trade at a valuation of more than $1 trillion each. US Steel, even at the sale price, is valued less than 0.5% of the value of Apple, and less than 2% of the value of Tesla.

Its revenue last year of $21 billion is roughly what Walmart brings in every two weeks. Or to put it another way, it’s just over half of the annual sales that Apple receives just from its wearable products, primarily its headphones.

What is this place?

This website is a place for people who want to move past shady thinking and test their ideas in a court of people who don't all share the same biases. Our goal is to optimize for light, not heat; this is a group effort, and all commentators are asked to do their part.

The weekly Culture War threads host the most controversial topics and are the most visible aspect of The Motte. However, many other topics are appropriate here. We encourage people to post anything related to science, politics, or philosophy; if in doubt, post!

Check out The Vault for an archive of old quality posts. You are encouraged to crosspost these elsewhere.


Why are you called The Motte?

A motte is a stone keep on a raised earthwork common in early medieval fortifications. More pertinently, it's an element in a rhetorical move called a "Motte-and-Bailey", originally identified by philosopher Nicholas Shackel. It describes the tendency in discourse for people to move from a controversial but high value claim to a defensible but less exciting one upon any resistance to the former. He likens this to the medieval fortification, where a desirable land (the bailey) is abandoned when in danger for the more easily defended motte. In Shackel's words, "The Motte represents the defensible but undesired propositions to which one retreats when hard pressed."

On The Motte, always attempt to remain inside your defensible territory, even if you are not being pressed.


New post guidelines

If you're posting something that isn't related to the culture war, we encourage you to post a thread for it. A submission statement is highly appreciated, but isn't necessary for text posts or links to largely-text posts such as blogs or news articles; if we're unsure of the value of your post, we might remove it until you add a submission statement. A submission statement is required for non-text sources (videos, podcasts, images).

Culture war posts go in the culture war thread; all links must either include a submission statement or significant commentary. Bare links without those will be removed.

If in doubt, please post it!


Rules


Recommended Posts And Communities

Recommended Realtime Chats