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).

[...] what imbues the presentist shareholder value ideal with such explanatory power is its rootedness in dominant historical narratives that legitimize Wall Street's identity as guardian of shareholder value and empower its role and practice in shaping corporate America. The use of shareholder value is part and parcel of a broader project of laying claim to a restorative narrative of entitlement and succession, through which Wall Street investment bankers have been able to define their professed beneficial social contributions to our economy. [...]

Specifically, my informants viewed themselves as gatherers and purveyors of the capital that forms the foundations and enables the growth and expansion of our largest corporations and public and private works. [...]

the main WS origin myth sees itself as indispensable to companies raising money to grow (even tho companies can just issue bonds? and surely there's a way to take over WS' important functions in a public manner, ie public banks) while also disciplining capital into staying efficient

—p.28 Wall Street's Orientation: Exploitation, Empowerment, and the Politics of Hard Work (2) by Karen Ho 4 years, 10 months ago