A Complicated System of Traps: On Quinn Slobodian’s “Crack-Up Capitalism” — Cleveland Review of Books
Jesse Robertsonclereviewofbooks.com
A Complicated System of Traps: On Quinn Slobodian’s “Crack-Up Capitalism” — Cleveland Review of Books
the ability of portfolio investors to move money unfettered across national borders is a matter of controversy among economists, much more so than is the freedom of trade in goods. With regard to this aspect of global capitalism, the Argentine crisis underlines the need for major repair. It points inexorably to the conclusion that government effort
... See moreWithin 24/7 capitalism, a sociality outside of individual self-interest becomes inexorably depleted, and the interhuman basis of public space is made irrelevant to one’s fantasmatic digital insularity.
As we move from the 1950s to the 1970s and then to 2008, we notice a problem. A perfectly good idea morphed into another good idea, spread beyond housing, and then culminated in uncontrolled insanity. By 2008, no one, including the management of Fannie Mae and Freddie Mac or the Department of Housing and Urban Development, had any idea of the fragi
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