He is abolishing term-limit rules and other norms that Deng Xiaoping created in the 1980s to prevent a repeat of Mao’s disastrous rule.
.. After taking power in 2012, Mr. Xi used an anticorruption campaign to purge rivals and concentrate power in his hands, breaking the post-Mao convention that power should be shared among a group of leaders loyal to different factions. China’s elite politics has since reverted to a winner-takes-all contest, as Deng feared.
Mr. Xi has created a Mao-style cult of personality, most recently granting himself the title of lingxiu, a term for a supreme leader not used in four decades.
.. Reformist adviser Liu He was promoted to the Politburo last October and is now tipped to become a vice premier as well as governor of China’s central bank. Mr. Liu is also due to visit Washington this week to discuss tensions over the lack of reciprocity in economic relations.
.. dangerous imbalances have built up in the financial system due to stimulus policies that require excessive debt, endangering China’s economic development.
.. By making himself essentially President for Life, Mr. Xi has made Chinese politics more volatile and unpredictable.
Chris Coons: Why Jeff Flake’s Fall Should Scare Democrats
I may disagree with Mr. Flake on policy, but I consider him an honorable man, a loyal friend and a valued colleague. His retirement is deeply troubling to me because he represents a principled and patriotic Republican Party, one that has long championed strong American leadership around the world, and one I now fear is falling apart.
.. Over the past few decades, our political culture has corroded. Traditions of compromise and civility have given way to a zero-sum, winner-take-all approach that is now out of control. As Mr. Flake said on the Senate floor Tuesday, “Anger and resentment are not a governing philosophy.”
.. Republican leaders have offered occasional defenses of their colleagues from these attacks: Mitch McConnell, the Senate majority leader, called Mr. Flake “a very fine man” of “high principles” on Tuesday. But they have largely remained on the sidelines as Mr. Trump and his allies have attacked those few Republicans who have dared to call for civility and compromise.
The consequences of this could be grave.
.. If the Republican Party under Donald Trump has no room for independent-minded conservatives, and if, in the coming years, senators like Jeff Flake and Bob Corker are replaced by fringe conservatives handpicked because of their blind loyalty to this president, it will be too late for responsible conservatives to salvage the party they’ve built over generations.
.. As Democrats call for independence and pragmatism from Republicans, we should be asking ourselves how tolerant we are of dissent within our own party and how much we are really willing to reach across the aisle.
Benedict Evans
Winner-takes all effects in autonomous cars
Rather, the place to look is not within the cars directly but still further up the stack – in the autonomous software that enables a car to move down a road without hitting anything, in the city-wide optimisation and routing that mean we might automate all cars as a system, not just each individual car, and in the on-demand fleets of ‘robo-taxis’ that will ride on all of this. The network effects in on-demand are self-evident, but will will get much more complex with autonomy (which will cut the cost of an on-demand ride by three quarters or more). On-demand robo-taxi fleets will dynamically pre-position their cars, and both these and quite possibly all other cars will co-ordinate their routes in real time for maximum efficiency, perhaps across fleets, to avoid, for example, all cars picking the same route at the same time. This in turn could be combined not just with surge pricing but with all sorts of differential road pricing – you might pay more to get to your destination faster in busy times, or pick an arrival time by price.
.. From a technological point of view, these three layers (driving, routing & optimisation, and on-demand) are largely independent – you could install the Lyft app in a GM autonomous car and let the pre-installed Waymo autonomy module drive people around, hypothetically. Clearly, some people hope there will be leverage across layers, or perhaps bundling – Tesla says that it plans to forbid people from using its autonomous cars with any on-demand service other than its own. This doesn’t work the other way – Uber won’t insist you use only its own autonomous systems. But though Microsoft cross-leveraged Office and Windows, both of these won in their own markets with their own network effects: a small OEM insisting you use its small robo-taxi service would be like Apple insisting you buy AppleWorks instead of Microsoft Office in 1995.
.. If you have sold 500,000 AVs and someone else has only sold 10,000, your maps will be updated more often and be more accurate, and so your cars will have less chance of encountering something totally new and unexpected and getting confused. The more cars you sell the better all of your cars are – the definition of a network effect.
.. It could be argued that Tesla has a lead in both maps and driving data: since late 2016, those of its new vehicles whose buyers bought the ‘Autopilot’ add-on have eight cameras giving a near-360 degree field of view, supplemented by a forward-facing radar
.. So, the network effects – the winner-takes-all effects – are in data: in driving data and in maps. This prompts two questions: who gets that data, and how much do you need?
Can Trump Save Their Jobs? They’re Counting on It
The Carrier plant here is plenty profitable. But moving to Monterrey, where workers earn in a day what they make here in an hour, will increase profits faster.
.. For workers like Mr. Roell, 36, who started at Carrier just weeks after receiving his high school diploma and never returned to school, the problem is not a shortage of jobs in the area. Instead, it is a drought of jobs that pay anywhere near the $23.83 an hour he makes at Carrier, let alone enough to give him a toehold in the middle class.
When he drives to work each day before dawn, Mr. Roell passes warehouse after warehouse of giants like Walmart and Kohl’s with “Help Wanted” signs outside promising jobs within. The problem is that they typically pay $13 to $15 an hour.
.. But nearly all that growth occurred in the service sector — hotel and food-service jobs, or health care technicians, or workers in the warehouses Mr. Roell drives past
.. Rexnord’s plan to pull up stakes even after the Carrier situation suggests businesses will not bow to the threat of bad P.R.
.. across developed economies more national income is going to capital, that is, owners and shareholders, rather than labor. “We’ve seen this in many countries with different political systems,” he said. “It’s a winner-take-all world.”
.. Just the hope that Mr. Trump will try to reverse the long decline in their neighborhoods, their living standards and even their longevity is an emotional balm.
.. Instead of bias, what animates these voters, whatever their race or political orientation, is a profound distrust and resentment of wealthier, educated Americans, a group they say lacks a connection to them and does not care about their economic situation. And to them, Mrs. Clinton seemed at least as elite as Mr. Trump, if not more so.
.. To them, it’s not only the country that’s in bad shape. So are the institutions that once provided structure to working-class life in America. Many Carrier workers are regular churchgoers, but Ms. Hargrove said she was deeply troubled by how priests abused children, or how the police shot suspects even though their arms were raised in the air.
.. “I’m as left-wing as you can find, and I thought Trump was full of it,” he said. “But everybody is tired of the same old politicians. It could have been Captain Kangaroo and he might have won.”