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late stage capitalism
Sarah Drinkwater and • 18 cards
The Man Who Broke Capitalism: How Jack Welch Gutted the Heartland and Crushed the Soul of Corporate America—and How to Undo His Legacy
amazon.com
Sous l’incitation des besoins et la poussée du profit capitaliste, la tendance dominante, un peu partout sur le globe, est pourtant de continuer et amplifier agriculture et élevage industrialisés qui concourent à la disparition des paysans, à l’urbanisation croissante, ainsi qu’à la dégradation générale des sols et de la qualité des produits.
Edgar Morin • La Voie : Pour l'avenir de l'Humanité (Essais) (French Edition)
By the winter of 1909, when Motiram boarded a ship, a typical cargo to Fiji consisted of 750 to 1,200 indentured Indians. A contemporary contract shows the British government of Fiji paying the firm of James Nourse Ltd. five pounds and fifteen shillings sterling "for each adult Indian (male or female) of the age of ten years and over landed al
... See moreMinal Hajratwala • Leaving India: My Family's Journey from Five Villages to Five Continents
Holly Ensign-Barstow • From shareholder primacy to stakeholder capitalism
A few examples include: Greed is good. Maximizing pleasure from consumption is the goal. A billion acts of selfishness will lead to a prosperous society. The social duty of business is just to maximize its profits. There’s no such thing as society, only individuals—that was Margaret Thatcher’s famous quote. Markets are efficient; other institutions
... See moreW. Brian Arthur • Complexity Economics: Proceedings of the Santa Fe Institute's 2019 Fall Symposium
Determined to unshackle market forces from the heavy hand of the state and the millstone of “tax and spend,” the classes that led this bloc aimed to liberalize and globalize the capitalist economy. What that meant, in reality, was financialization: dismantling barriers to, and protections from, the free movement of capital; deregulating banking and
... See moreNancy Fraser • The Old is Dying and the New Cannot Be Born: From Progressive Neoliberalism to Trump and Beyond
1970s, academic turned farmer Wendell Berry wrote about how economic success includes the hidden cost of depriving people “of any independent access to the staples of life: clothing, shelter, food, even water.”14 What was once the riches of self‑reliance have become things with a price.
Paul Millerd • The Pathless Path: Imagining a New Story For Work and Life
Like oil and land, data are a common that is commodified by private actors for profits. The commons being commodified is our essence as humans: our interactions with society at large.