Bookmarker is a personal project by @dellsystem to help with retaining reading material. Source on GitHub.

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1 year, 10 months ago

inequality is the other side of successful entrepreneurship

The fact that technology brings both bounty and spread, and brings more of both over time, leads to an important question: Since there’s so much bounty, should we be concerned about the spread? In other words, we might consider rising inequality less of a problem if people at the bottom are also se…

—p.200 The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies by Andrew McAfee, Erik Brynjolfsson
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1 year, 10 months ago

to see ourselves again as historical actors

In other words, there seems to have been a profound contradiction between the political imperative of establishing capitalism as the only possible way to manage anything, and capitalism's own unacknowl-edged need to limit its future horizons, lest speculation, predictably, go haywire. Once it did, …

—p.383 Debt: The First 5,000 Years by David Graeber
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1 year, 10 months ago

to see ourselves again as historical actors

In other words, there seems to have been a profound contradiction between the political imperative of establishing capitalism as the only possible way to manage anything, and capitalism's own unacknowl-edged need to limit its future horizons, lest speculation, predictably, go haywire. Once it did, …

—p.383 by David Graeber
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1 year, 10 months ago

in order to pay for the cost of a war

Nixon floated the dollar in order to pay for the cost of a war in which, during the period of 1970-1972 alone, he ordered more than four million tons of explosives and incendiaries dropped on cities and villages across Indochina-causing one senator to dub him "the greatest bomber of all time." The …

—p.320 by David Graeber
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1 year, 10 months ago

the equivalent of kidnapping a postman

Ghazali also notes that there might also be a problem of one person not even needing what the other has to offer, but this is almost an afterthought; for him, the real problem is conceptual. How do you compare two things with no common qualities? His conclusion: it can only be done by comparing bot…

—p.281 by David Graeber