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, 8 months ago

the impact of OPEC price hikes

[...] OPEC states suddenly found themselves awash with excess cash worth more than $450 billion. The only problem was that they didn't know what to do with all that money. Because there was nowhere to invest it internally, Saudi Arabia and other OPEC nations decided to circulate or 'recycle' the mo…

—p.150 The Divide: A Brief Guide to Global Inequality and its Solutions Five (145) by Jason Hickel
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7 years, 8 months ago
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7 years, 8 months ago

the fight against poverty was a political battle

In short, the fight against poverty and underdevelopment during this period was understood as a political battle. It sought to challenge the prevailing distribution of power and resources around the world.

—p.139 Four (104) by Jason Hickel
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7 years, 8 months ago

the reasons behind stagflation

[...] Nixon was engaged in expansionary monetary policy--in other words, he was effectively printing money. On top of this, government spending on the Vietnam War at the time was spiralling out of control. As international markets worried that the US would not be able to make good on its debts, the…

—p.135 Four (104) by Jason Hickel
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7 years, 8 months ago

what was new about neoliberalism

[...] It is 'neo' in the sense that it revived classical market liberalism from the death it had suffered after the Great Depression, but it also added a few new elements. The notion that market freedom is tantamount to individual liberty was a new and distinctive feature of the ideology--and becam…

—p.128 Four (104) by Jason Hickel