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).

[...] neoliberalism’s basis in financial capitalism, not manufacturing, means economics has no other end than itself. There are simply no values outside of this — no “interest” one would have other than maintaining one’s own market efficiency. The emblem for this is the internet economy, where companies that have never produced a profit (and never will) are famous for being famous, valued for being valued, and thus trade at stock prices well ahead of those dinosaur companies still producing widgets. Uber had its IPO in December valued at $40 billion, even if it plans to profit from entrepreneurs “liberating” the value of their cars by driving them as taxis. No matter — Uber’s early investors will largely have cashed out by the time institutional investors, such as pension plans, are left on the hook for its future negligible value.

i don't quite fully agree with this theory but it's an interesting perspective

Company of One: The Fate of Democracy in an Age of Neoliberalism by Peter Gratton 2 years, 2 months ago