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The People’s Republic of Zuckerstan might have less and less room for poor or middle-income families and no interest in alternative models of development, but innovation economies are fine places to park overaccumulating capital. The city, indeed, could hardly be more hospitable to titans of business. That the billionaire investor Carl Icahn exerts such a heavy influence over Cambridge biotechs Biogen Idec and Genzyme is some kind of strange for sure. Once upon a time, the liberal city could join the nation in reviling Icahn’s brand of speculation as noxious corporate raiding. Now, as innovation whittles away the social basis of activism, Carl Icahn is celebrated as an “activist investor.”
Or consider the fossil fuel billionaire David H. Koch, enemy number one in the minds of progressives across the country for, among other things, funding organizations that deny global warming. Koch sits on the board of public television broadcaster WGBH and underwrites NOVA, its science program—and that’s the least of this entrepreneur’s involvement with the Innovation Economy.
[...] Swartz’s two-year prosecution took place at a time when hundreds of millions of dollars were filtering into Innovation Economy institutions. His alleged downloading of academic articles may have seemed innocuous to outsiders, but the lords of these networks knew better. In a climate of imperial expansion, his infraction was too trivial to let go.
relates to a paragraph I wanted to write for my open source piece (or maybe a different piece?) but ended up cutting. Swartz as an unwilling sacrifice to the altar of (intellectual) property
You can almost admire the technical consistency of the respective applications of institutional “neutrality” to the cases of David H. Koch and Aaron Swartz, the celebrated polluter and the despised democracy activist—the walking, talking conflict of interest and the scholar of conflicts of interest. That one went away smiling and the other wound up dead has nothing to do with MIT’s core business, which is to innovate.
The Soul of Startup City
And so we arrive at the ultimate contradiction of the Innovation Economy’s mode of development. As we have observed, this new republic depends on reengineering the cultural environment. For the market’s winnings, a frame of acceptance must be created to justify the community’s losses. Irony must erode, so that corporate entrepreneurs can be presented as nonconformists; nonprofits must absorb surplus profit, so that hundreds of millions of dollars in government payments, grants, and contracts, along with tax incentives, subsidies, and exemptions, can be banked for subsequent transfer to the market; even the old method of “clustering” must sound futuristic, so that its actual origins in socialist redoubts like New York’s Greenwich Village (today an innovation hub, naturally) can be forgotten.
The Innovation Economy necessitates such cultural changes, but it offers no independent argument for freely choosing them. Instead, the manifest destiny of business touts innovation as if it were synonymous with progress, rather than one among its many necessary qualities, and leaves it at that.
the insights aren't especially novel (or useful) but I do like this style of writing
What happened, instead, is that the spread of information technologies and new ways of organizing transport—the containerization of shipping, for example—allowed those same industrial jobs to be outsourced to East Asia, Latin America, and other countries where the availability of cheap labor allowed manufacturers to employ much less technologically sophisticated production-line techniques than they would have been obliged to employ at home.
From the perspective of those living in Europe, North America, and Japan, the results did seem to be much as predicted. Smokestack industries did disappear; jobs came to be divided between a lower stratum of service workers and an upper stratum sitting in antiseptic bubbles playing with computers. But below it all lay an uneasy awareness that the postwork civilization was a giant fraud. Our carefully engineered high-tech sneakers were not being produced by intelligent cyborgs or self-replicating molecular nanotechnology; they were being made on the equivalent of old-fashioned Singer sewing machines, by the daughters of Mexican and Indonesian farmers who, as the result of WTO or NAFTA–sponsored trade deals, had been ousted from their ancestral lands. It was a guilty awareness that lay beneath the postmodern sensibility and its celebration of the endless play of images and surfaces.
By this time, Toffler had long since given up on influencing policy by appealing to the general public; he was making a living largely by giving seminars to CEOs and corporate think tanks. His insights had been privatized.
just thought this was funny
[...] The old, materialist Industrial Society, where value came from physical labor, was giving way to an Information Age where value emerges directly from the minds of entrepreneurs, just as the world had originally appeared ex nihilo from the mind of God, just as money, in a proper supply-side economy, emerged ex nihilo from the Federal Reserve and into the hands of value-creating capitalists. [...]
I like this. possibly unwitting inspiration for my open web talk (the part about material foundations?)
[...] by the seventies, even basic research came to be conducted following military priorities. One reason we don’t have robot factories is because roughly 95 percent of robotics research funding has been channeled through the Pentagon, which is more interested in developing unmanned drones than in automating paper mills.
But the neoliberal choice has been effective in depoliticizing labor and overdetermining the future. Economically, the growth of armies, police, and private security services amounts to dead weight. It’s possible, in fact, that the very dead weight of the apparatus created to ensure the ideological victory of capitalism will sink it. But it’s also easy to see how choking off any sense of an inevitable, redemptive future that could be different from our world is a crucial part of the neoliberal project.
i like the sense of uncertainty (the two possibilities) evoked here
[...] “Corporations see a vibrant cultural landscape as a magnet for talent,” goes the thinking behind Kansas City’s vibrancy, according to one report; it’s “almost as vital for drawing good workers as more-traditional benefits like retirement plans and health insurance.” (Did you catch that, reader? Art is literally a substitute for compensating people properly. “Let them eat art,” indeed.) [...]
this is a little tendentious (it would be more accurate to say that art could be framed as a complement to existing benefits, one which the corporation cannot really provide anyway) but still funny
Crystal Bridges is a sleek “starchitect”-designed facility—two armadillo-like structures connected by galleries around a reflecting pool—where visitors can admire the apparently bottomless self-regard of a retail colossus made fat on a global low-wage, nonunion labor force.
literally all journalism about powerful people should be like this. inspo for syntax error?