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).

Secondly, ‘negative power’—that is, powers of prevention, surveillance and evaluation—has vastly increased. Nadia Urbinati has cited the ‘pervasive power of the market’ as perhaps the most influential modern negative power, due to ‘its ability to claim the legitimacy to veto political decisions in the name of supposedly neutral and even natural rules’. In recent years, the ‘independent’ central banks and the international financial institutions have significantly extended their exercise of negative power: the IMF, World Bank, WTO and European Central Bank evaluate and interdict national economic policies according to their own ‘expert’ priorities. The assessments of the ratings agencies, which are private entities in law, have a decisive impact on the lives of individual citizens. No Greek, Spaniard or Italian has ever elected the board of directors of Moody’s; yet whether that citizen will receive treatment for a tumour, whether her daughter will be able to go to university, may be determined by their call.

—p.24 Populism without the People (5) by Marco D'Eramo 7 years, 4 months ago