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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You added a vocabulary term
7 years, 8 months ago

primitive accumulation

Adam Smith [...] called this 'previous accumulation' [...] Karl Marx called it 'primitive accumulation', perhaps to highlight its barbaric nature, for the process of accumulation was violent

—p.76 Three (65) by Jason Hickel
notable
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7 years, 8 months ago

the role of sugar and cotton in the Industrial Revolution

[...] The sugar and cotton plantations of the New World supplied Europe with another ecological windfall, much as silver did. For example, sugar came to account for up to 22 per cent of the calories Britain consumed, which reduced the need for domestic agricultural production and freed up labour po…

—p.74 Three (65) by Jason Hickel
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7 years, 8 months ago
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7 years, 8 months ago

average income would have to be $1.3 million per year

[...] achieving this level of growth would mean driving global per capita income up to $1.3 million. In other words, the average income would have to be $1.3 million per year simply so that the poorest two-thirds of humanity could earn $5 per day. This gives us a sense of just how deeply inequali…

—p.58 Two (33) by Jason Hickel
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7 years, 8 months ago

relative vs absolute Gini

[...] If a poor country's income goes up from $5,000 to $5,500 (a 10 per cent increase), and a rich country's income goes up from $50,000 to $54,500 (a per cent increase), the Gini index will show decreasing inequality because the income of the poor country is growing faster than that of the rich…

—p.54 Two (33) by Jason Hickel