Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

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7 years, 7 months ago

philologist

As will be apparent, the style is that not of an ‘introduction’, but of a semi-philological, semi-philosophical discussion

—p.ix Preface (ix) by Étienne Balibar
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7 years, 7 months ago

bancor

The key role played by this new international central bank – the ICU – would be to manage flows of money between states, and to use a new currency, bancor, as the relevant currency. (In other words, a neutral currency, not the currency of one imperial power.)

—p.150 Subordinating Finance, Restoring Democracy (131) by Ann Pettifor
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7 years, 7 months ago

Tobin tax

Capital controls are taxes, and differ from exchange controls. The latter place limits on the amount of a nation’s currency that can be taken abroad. Instead, the financial transaction tax or Tobin tax is a form of capital control, a tax on and ‘sand in the wheels’ of capital flows.

idk if she adequately clarified the diff tbh (seems like it's a case of limits vs taxes, which is not what the italicizing implies)

—p.146 Subordinating Finance, Restoring Democracy (131) by Ann Pettifor
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7 years, 7 months ago

the IMF's mea culpa

Somewhat belatedly, the IMF in 2016 echoed the views of Professors Rey and Bhagwati outlined above, and issued a partial mea culpa in a paper titled ‘Neoliberalism: Oversold?’ [...]

[...]

None of this is news to the victims of neoliberal economic policies in many poor, heavily indebted countr…

—p.144 Subordinating Finance, Restoring Democracy (131) by Ann Pettifor