Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading. Currently can only be used by a single user (myself), but I plan to extend it to support multiple users eventually.

Source code on GitHub (MIT license).

the process whereby the financial industry becomes more prominent

4

The so-called "financialization" of the global economy encompasses more than the operations of financial capital.

—p.4 Introduction: All That We Owe (1) default author
notable
1 year, 3 months ago

The so-called "financialization" of the global economy encompasses more than the operations of financial capital.

—p.4 Introduction: All That We Owe (1) default author
notable
1 year, 3 months ago

(noun) preponderant influence or authority over others; domination / (noun) the social, cultural, ideological, or economic influence exerted by a dominant group

20

For Arrighi, this alternation of material and financial expansions, anchored by a hegemonic center, accounts for the emergence of capitalism itself, yet as each cycle concentrates a greater degree of power, it also hastens its own exhaustion.

citing Giovanni Arrighi's The Long Twentieth Century and Adam Smith in Beijing

—p.20 Chapter 1: Once in a Lifetime (7) default author
notable
1 year, 3 months ago

For Arrighi, this alternation of material and financial expansions, anchored by a hegemonic center, accounts for the emergence of capitalism itself, yet as each cycle concentrates a greater degree of power, it also hastens its own exhaustion.

citing Giovanni Arrighi's The Long Twentieth Century and Adam Smith in Beijing

—p.20 Chapter 1: Once in a Lifetime (7) default author
notable
1 year, 3 months ago

(noun, Greek mythology) protective mantle of Zeus given to Athena

20

First comes a “material expansion” under the aegis of a dominant bloc powerful enough to control interstate competition and “ensure material cooperation.”

—p.20 Chapter 1: Once in a Lifetime (7) default author
notable
1 year, 3 months ago

First comes a “material expansion” under the aegis of a dominant bloc powerful enough to control interstate competition and “ensure material cooperation.”

—p.20 Chapter 1: Once in a Lifetime (7) default author
notable
1 year, 3 months ago

the highest point in the development of something; culmination or climax

22

destined for hegemonic domination and financial apotheosis

—p.22 Chapter 1: Once in a Lifetime (7) default author
notable
1 year, 3 months ago

destined for hegemonic domination and financial apotheosis

—p.22 Chapter 1: Once in a Lifetime (7) default author
notable
1 year, 3 months ago

a economic theory relating to the origin of capital (Adam Smith saw it as a peaceful process with natural imbalances in wealth distribution; Karl Marx saw it as a violent enclosure of the commons etc etc)

25

the various forms of “primitive accumulation” described by Marx (whereby land, labor, and natural resources are turned into commodities)

—p.25 Chapter 1: Once in a Lifetime (7) default author
notable
1 year, 3 months ago

the various forms of “primitive accumulation” described by Marx (whereby land, labor, and natural resources are turned into commodities)

—p.25 Chapter 1: Once in a Lifetime (7) default author
notable
1 year, 3 months ago

a term for the loans provided by the IMF and the World Bank to countries that experienced economic crises, which come with strings attached: privatisation and deregulation, mainly (the conditions are also known as the Washington Consensus)

28

we can see how this “structural adjustment” of public finances has played out rather badly in most places where the Washington Consensus was implemented, not least in Washington itself

—p.28 Chapter 1: Once in a Lifetime (7) default author
notable
1 year, 3 months ago

we can see how this “structural adjustment” of public finances has played out rather badly in most places where the Washington Consensus was implemented, not least in Washington itself

—p.28 Chapter 1: Once in a Lifetime (7) default author
notable
1 year, 3 months ago

a set of 10 economic policy prescriptions considered to constitute the "standard" reform package promoted for crisis-wracked developing countries by Washington, D.C.–based institutions like the IMF and the World Bank (in a nutshell, neoliberalism); term first used in 1989 by English economist John Williamson

28

we can see how this “structural adjustment” of public finances has played out rather badly in most places where the Washington Consensus was implemented, not least in Washington itself

—p.28 Chapter 1: Once in a Lifetime (7) default author
notable
1 year, 3 months ago

we can see how this “structural adjustment” of public finances has played out rather badly in most places where the Washington Consensus was implemented, not least in Washington itself

—p.28 Chapter 1: Once in a Lifetime (7) default author
notable
1 year, 3 months ago

(noun) defensive wall

39

it seems long ago that anybody trusted the state to serve as a bulwark against the global system

—p.39 Chapter 2: Inequality, Poverty, Indebtedness (33) default author
notable
1 year, 3 months ago

it seems long ago that anybody trusted the state to serve as a bulwark against the global system

—p.39 Chapter 2: Inequality, Poverty, Indebtedness (33) default author
notable
1 year, 3 months ago

(noun) a change or variation occurring in the course of something; successive, alternating, or changing phases or conditions, as of life or fortune; ups and downs

46

What might appear to each of us as vicissitudes of fate and fortune are actually organized by more durable relationships and processes that usually remain opaque.

—p.46 Chapter 2: Inequality, Poverty, Indebtedness (33) default author
notable
1 year, 3 months ago

What might appear to each of us as vicissitudes of fate and fortune are actually organized by more durable relationships and processes that usually remain opaque.

—p.46 Chapter 2: Inequality, Poverty, Indebtedness (33) default author
notable
1 year, 3 months ago

(noun) a division or split in a group or union; schism / (noun) an action or process of cutting, dividing, or splitting; the state of being cut, divided, or split

62

Through its operations the scission between wealth and poverty turns into a self-reinforcing pincer.

—p.62 Chapter 2: Inequality, Poverty, Indebtedness (33) default author
notable
1 year, 3 months ago

Through its operations the scission between wealth and poverty turns into a self-reinforcing pincer.

—p.62 Chapter 2: Inequality, Poverty, Indebtedness (33) default author
notable
1 year, 3 months ago