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This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

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[...] He stressed the importance of the modern corporation as a social organization which serves the material and cultural needs of the people, and in this vein, "those endowed with the ability to lead these great organizations should begin to conceive of their remuneration partly in terms of the satisfaction of making a real contribution to national progress" [...] equate business leaders with educators, scientists, and public servants, stressing the importance of employee confidence and security.

this is theodore houser, ceo of sears in 1957, in a lecture to columbia's business school. hell yeah

—p.197 The Neoclassical Roots and Origin Narratives of Shareholder Value (169) by Karen Ho 4 years, 10 months ago

At the end of the year that's how you tell who's doing the best job - who's made the most money for the firm. And that's also, then, how much money you will make in your bonus. And so when it's all judged on that, you get a skewed version of what life is like because then you judge everybody on how much money they make. And it's not even your fault because that's how you are judged at work every day. So a lot of it is just that you are a product of your environment. So then out in the real world [where] people aren't making that much money, then they don't really matter. They don't really count, so you can treat the guy that gives you coffee as a lesser citizen.

money as a flattening and dehumanising device

—p.260 Liquid Lives, Compensation Schemes, and the Making of (Unsustainable) Financial Markets (249) by Karen Ho 4 years, 10 months ago

Investment banking practices both promoted a surge of predatory lending to originate the loans and created a market to buy the bonds based on them. Bolstered by rising housing prices, low interest rates, and a new worldview of "refinancing" such that predatory and unsound loans could easily be refinanced (often with hidden fees) at the end of the year or two with a higher home valuation, Wall Street investment banks rationalized their behavior. They also claimed that their ingenuity was finally breaking down barriers of race and class, which the traditional "redlining" commercial banker was unable to do with his simple, "vanilla" toolkit of conventional loans that lacked the advantage of global securitization. Again, the discourse of globalization was used: Wall Street investment bankers invoked their creation of a global market of "opportunity finance" and of extending home ownership to those left out of the global market. For example, Corey Fisher, an African American male managing director at Vanguard Investments, subtly linked Wall Street's creativity and aggressiveness with "expanding the pie." By focusing on the best way to make money, the new Wall Street challenged the elaborate and exclusionary protocols traditionally associated with elite banking, creating a new "high-yield" credit market and thus opening monetary access to anyone deserving:

Wall Street has helped to improve the efficiency of the economy, ... they have gotten rid of certain middlemen that were highly inefficient players. These inefficient middlemen were the bankers, the commercial lenders. Their pricing and the servicing that was built into that wound up extracting a cost that was exorbitant. What has been beautiful is - and this is one of the things that was good about the high-yield market - is that regardless of what your credit rating is, there is a market for you out there [...] frankly, you would not have gotten a loan from the banks [...] Nobody should be denied access to credit within reasonable means ... The cost of that capital should be a function of the earnings capacity and the cash flow capacity of the enterprise. That is the direction that we are moving in. What that does, from my standpoint, very selfishly, is it allows and other people of color and women to be able to participate in this marketplace.

genius: find reasons why the marketised approach to housing is clearly failing too serve marginalised people, then turn that into an advertisement for your even more marketised approach which has some short-term benefits but huge long-term cost

—p.299 Leveraging Dominance and Crises through the Global (294) by Karen Ho 4 years, 10 months ago

[...] It would be no novel observation to remark that getting a tattoo is very painful, although it is a peculiar quality of pain that it never really gets old. All bodily pain begins with shock at the audacity of physical trespass, a kind of astonishment at the frankly unbelievable insinuation that one is not, in fact, the center of the universe. [...]

In truth, I was collecting pains, pinning them like insects to the corkboard of my brain, scribbling little labels below. Together I hoped they might testify to a deeper metamorphosis than the mere rearrangement of flesh [...]

—p.11 The Pink (11) by Andrea Long Chu 4 years, 10 months ago

The second objection — that not all women had vaginas — was trickier to address. In the first place, it had the distinct advantage of being true: not all women do have vaginas, nor do all vaginas have women. Then again, the pussyhat was not an artistic rendering of the female genitalia but a simple bit of costuming. Its most literal suggestion was not that the wearer was a woman but that the wearer was a cat. This ensured that the relationship between the hat and the sex organ was, whatever else it was, figurative: a verbal and visual pun that afforded demonstrators a sly bit of plausible deniability in matters of bourgeois decency. After all, it was not as if attendees were required to flash their gash before gaining entry to the Women’s March. The real question posed by the pussyhat was not whether women should be directly equated with an elastic muscle — a laughable notion, espoused by literally no one — but whether the refracted image of a vagina could be trusted to play the role of political symbol for a feminist movement that has largely denied itself the luxury of symbolism.

[...] After all, the pussyhat could be arraigned on charges of biological essentialism only if one had decided in advance that the only possible relationship to the vagina was having one. “Not all women have vaginas,” our defenders seemed to say, “but we do.” At worst, this line of thinking served as cover for the same old transphobic obsessions with our genitalia. Somehow, under the guise of inclusivity, cis women had given themselves the responsibility of reminding us of our dicks. At best, it assumed, with marvelous ignorance, that trans women simply wouldn’t be interested in a vaginal imaginary — as if our basic psychic integrity did not regularly rely, like everyone else’s, on identification with things we do not, in the hollowest sense of reality, possess.

I’m getting worked up. Whatever. The pussyhats were silly and cutesy and looked like your mom made them. [...] The real problem with the pussyhats was that they offered up, with the winsome naivete of the recently radicalized, the promise of a universal category of womanhood, which feminism has long made a cardinal virtue of forgoing. It would not be fantastic to suppose that those feminists who criticized the pussyhat most fiercely did so in part because they saw in its blithe adopters a younger, warmer version of themselves, still ugly-sweet on the romance of political consciousness, not yet having learned to be frugal with their hopes. Embarrassment is usually just pride, later.

damn, never thought i'd be so fascinated by an analysis of the women's march

—p.13 The Pink (11) by Andrea Long Chu 4 years, 10 months ago

That night, in bed at my apartment, I wept. I wailed, actually, the way mothers do in ancient manuscripts. My voice, which I have over several years trained myself to lift and smooth, grew raw; at a certain point, it broke, like a woman’s water, and something low and hoarse and full of legs crawled up my throat and out of my mouth. The truth was, I didn’t feel any more like a woman. I felt exactly the same. The pitiless beauty of the operation is that it’s all the same nerve endings, reclaimed like lumber from an old boat. This meant my vulva was alive, full of sensation, but it also meant that these sensations were the very ones I had gone under the knife to escape. The ship would always be Theseus’s, no matter how many parts I replaced. I guess I should have known this beforehand. I did, intellectually. You can stand on the beach and spy a sandbar across the water; if you swim, you can stand on the shoal and look back. Your location will have changed, but your position will be identical. You will always be Here, wherever Here happens to be. The tide goes in and out, but distance as such—that is the unswimmable. There, there is only drowning.

new tag on being trapped as oneself, unable to change despite wanting to?

—p.15 The Pink (11) by Andrea Long Chu 4 years, 10 months ago

FEMINISM NEVER succeeded in securing women as a collective subject of history, as the Marxist intellectual tradition once hoped to do with the working class. On the contrary, contemporary feminism is arguably defined by its refusal of woman as a political category, on the grounds that this category has historically functioned as a cruel ruse for white supremacy, the gender binary, the economic interests of the American ruling class, and possibly patriarchy itself. This has put feminism in the unenviable position of being politically obligated to defend its own impossibility. In order to be for women, feminists must refrain from making any positive claims about women. The result is a kind of negative theology, dedicated to striking down the graven images of a god whose stated preference for remaining invisible has left the business of actually worshipping her somewhat up in the air.

Perhaps the simplest solution to this paradox has been to quietly shift the meaning of the word feminism. In popular culture and especially online, feminism has become the go-to signifier for what the legal scholar Janet Halley calls convergentism: the belief that justice projects with different constituencies have a moral duty to converge, like lines stretching toward a vanishing point. Once the name of a single plank in a hypothetical program of universal justice, feminism now refers, increasingly, to the whole platform — hence the so-called Unity Principles put forward on the Women’s March website, which include calls for migrant rights, a living wage, and clean air as well as the familiar demands for reproductive freedom and an end to sexual violence. “It ain’t feminism if it ain’t intersectional,” tweeted Ariana Grande in March 2019, echoing a viral 2011 blog post by the writer Flavia Dzodan. Dzodan’s original phrasing was “My feminism will be intersectional or it will be bullshit”; popular variations now include the formula “If your feminism doesn’t include x, then it’s not feminism,” where x might be trans women, women of color, fat women, sex workers, nonbinary people, or any number of other groups. The idea is not that feminists, being desirous of justice, should also commit to antiracism, anti-imperialism, and all the rest; it’s that feminism by definition consists in the making of extrafeminist commitments, such that without them, it would not be feminism at all. This is weird. It is as if, having guiltily assimilated the impossibility of speaking on behalf of all women, feminism has resigned itself to the modest virtues of playing hostess for other, frankly more persuasive political discourses — most of whose constituencies are composed of women, of course, but never simply as women. In this arrangement, feminism describes not a concrete political project but the moral imperative to do politics in the first place.

articulating something i'd vaguely wondered about never really crystallised. awesome

also, the negative theology aspect reminds me of china mieville's essay on apophatic marxism

—p.15 The Pink (11) by Andrea Long Chu 4 years, 10 months ago

It was hegemony, Stuart Hall argued in 1983, that was key to understanding the disappointment of his own generation — why Thatcher and the new right had triumphed in remaking common sense after a decade of labor union revolt. Hegemony shaped how people acted when they weren’t thinking about it, what they thought was right and wrong, what they imagined the good life to be. A hegemonic project had to “occupy each and every front” of life, “to insert itself into the pores of the practical consciousness of human beings.” Thatcherism had understood this better than the left. It had “entered the struggle on every single front on which it calculated it could advance itself,” put forth a “theory for every single arena of human life,” from economics to language, morality to culture. The domains the left dismissed as bourgeois were simply the ones where the ruling class was winning. Yet creating hegemony was “difficult work,” Hall reminded us. Never fully settled, “it always has to be won.”

In other words, there is no economic deus ex machina that will bring the revolution. There are still people, in their stubborn, contradictory particularities, as they exist in concrete space and time. It is up to you to figure out how to act together, or not; how to find common ground, or not. Gramsci and Hall insist that you must look relentlessly at things and people as they are, face your prospects with brutal honesty, and act in ways that you think can have an effect. In these ways they are an organizer’s theorists.

—p.19 Spadework (18) by Alyssa Battistoni 4 years, 10 months ago

Why was it so hard to see ourselves as people who might need a union? Gramsci had observed that any individual’s personality was “strangely composite,” made up of a mixture of beliefs, thoughts, and ideas gleaned from family history, cultural norms, and formal education, filtered through their own life experiences read through the prevailing ideology of the time. Hall had taken this up to argue that when the working class failed to espouse revolutionary thought, women to embrace feminism, or people of color to advocate antiracism, it wasn’t because they suffered from false consciousness. The idea that consciousness could be true or false simply made no sense: it was always, Hall stated, “complex, fragmentary, and contradictory.” This was just as true for those on the left as for anyone else. “A tiny bit of all of us is also somewhere inside the Thatcherite project,” Hall had warned in 1988. “Of course, we’re all one hundred per cent committed. But every now and then — Saturday mornings, perhaps, just before the demonstration—we go to Sainsbury’s and we’re just a tiny bit of a Thatcherite subject.”

The Thatcherite project was since then much advanced, and we had internalized its dictates. For our whole lives we had learned to do school very well; in graduate school we learned to exploit ourselves on weekends and vacations before putting ourselves “on the market.” Many of us still believed in meritocracy, despite learning every day how it was failing us. The worse the conditions of academic life became, the harder everyone worked, and the harder it became to contest them. Plus, we were so lucky to be there — at Yale! Compared to so many grad students, we had it good, and surely jobs were waiting on the other side for us, if for anyone. Who were we to complain? Organizing a union of graduate students at Yale seemed to many like an act of unbearable privilege — a bunch of Ivy League self-styled radicals doing worker cosplay.

—p.20 Spadework (18) by Alyssa Battistoni 4 years, 10 months ago

We were all too busy, but the too-busyness wasn’t really about time, or at least not only. Being too busy meant people didn’t see why the union was worth making time for. Your job as an organizer was to find out what it was that people wanted to be different in their lives, and then to persuade people that it mattered whether they decided to do something about it. This is not the same thing as persuading people that the thing itself matters: they usually know it does. The task is to persuade people that they matter: they know they usually don’t.

new tag on organising?

—p.21 Spadework (18) by Alyssa Battistoni 4 years, 10 months ago