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).

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)

22

Leveraging debt, they imposed 'structural adjustment programs' that reversed all the economic reforms that global South countries had painstakingly enacted.

One (7) default author
notable
5 months, 2 weeks ago

Leveraging debt, they imposed 'structural adjustment programs' that reversed all the economic reforms that global South countries had painstakingly enacted.

—p.22 One (7) default author
notable
5 months, 2 weeks ago

the 8th round of multilateral trade negotiations (MTN) conducted within the framework of the General Agreement on Tariffs and Trade (GATT), spanning from 1986 to 1994 and embracing 123 countries as "contracting parties"; led to the formation of the WTO (starting Jan 1 1995) from the ashes of the GATT

23

Today, power imbalances like these, enshrined in the Uruguay Round of the WTO, are estimated to cost poor countries around $700 billion each year in lost export revenues.

on US/EU being allowed to subsidise agriculture while poorer countries can't (because market size determines leverage in negotiations)

One (7) default author
uncertain
5 months, 2 weeks ago

Today, power imbalances like these, enshrined in the Uruguay Round of the WTO, are estimated to cost poor countries around $700 billion each year in lost export revenues.

on US/EU being allowed to subsidise agriculture while poorer countries can't (because market size determines leverage in negotiations)

—p.23 One (7) default author
uncertain
5 months, 2 weeks ago

a concept within Marxist economics referring to unequal labour values; can be applied historically to the origins of international wage differentials. proponents of concept: Samir Amin; John Roemer; Immanuel Wallerstein; Ernest Mandel

28

there is a yawning gap between the 'real value' of the labour and goods that poor countries sell and the prices they are actually paid for them. This is what economists call 'unequal exchange'.

One (7) default author
notable
5 months, 2 weeks ago

there is a yawning gap between the 'real value' of the labour and goods that poor countries sell and the prices they are actually paid for them. This is what economists call 'unequal exchange'.

—p.28 One (7) default author
notable
5 months, 2 weeks ago

(adjective) keen, sharp / (adjective) vigorously effective and articulate / (adjective) caustic / (adjective) sharply perceptive; penetrating / (adjective) clear-cut, distinct

48

a trenchant indictment of our global economic system

Two (33) default author
notable
5 months, 2 weeks ago

a trenchant indictment of our global economic system

—p.48 Two (33) default author
notable
5 months, 2 weeks 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)

76

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

Three (65) default author
notable
5 months, 2 weeks ago

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) default author
notable
5 months, 2 weeks ago

one way of addressing overaccumulation in capitalism: put it into long-term investments that will improve productivity in the future

168

a 'temporal fix'. Capital can be invested in long-term projects like infrastructure, education and research that will improve the future productivity of capital.

the example he gives is the New Deal. he also explains that it's less popular cus it means capitalists have to wait quite a while for the benefits

Five (145) default author
notable
5 months, 2 weeks ago

a 'temporal fix'. Capital can be invested in long-term projects like infrastructure, education and research that will improve the future productivity of capital.

the example he gives is the New Deal. he also explains that it's less popular cus it means capitalists have to wait quite a while for the benefits

—p.168 Five (145) default author
notable
5 months, 2 weeks ago

(in the context of capitalist crisis) avoiding the low-growth phase problem by exporting manufacturing to places with cheaper labour, thereby raising profits for a while

169

To avoid having to confront domestic resistance, which can be politically costly, policymakers might solve a crisis of over-accumulation by resorting to a 'spatial fix'--in other words, by opening up new consumer markets, labour markets and investment markets abroad.

Five (145) default author
notable
5 months, 2 weeks ago

To avoid having to confront domestic resistance, which can be politically costly, policymakers might solve a crisis of over-accumulation by resorting to a 'spatial fix'--in other words, by opening up new consumer markets, labour markets and investment markets abroad.

—p.169 Five (145) default author
notable
5 months, 2 weeks ago

an ancient religious movement that has to do with duality? "an elaborate dualistic cosmology describing the struggle between a good, spiritual world of light, and an evil, material world of darkness"

222

This Manichean view fits nicely with our already existing assumptions

on TI's corruption report (rich countries do well, poor countries do badly)

Seven (220) default author
notable
5 months, 2 weeks ago

This Manichean view fits nicely with our already existing assumptions

on TI's corruption report (rich countries do well, poor countries do badly)

—p.222 Seven (220) default author
notable
5 months, 2 weeks ago

the buying or leasing of large pieces of land by domestic and transnational companies, governments, and individuals, esp following the 2007-2008 world food crisis

234

A land purchase qualifies as a grab when it entails a transfer of at least 500 acres to be converted from smallholder production, collective use or ecosystem services to commercial activity. Land grabs may provide abstract economic benefit--increasing GDP, for instance

Seven (220) default author
notable
5 months, 2 weeks ago

A land purchase qualifies as a grab when it entails a transfer of at least 500 acres to be converted from smallholder production, collective use or ecosystem services to commercial activity. Land grabs may provide abstract economic benefit--increasing GDP, for instance

—p.234 Seven (220) default author
notable
5 months, 2 weeks ago