Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading. Currently can only be used by a single user (myself), but I plan to extend it to support multiple users eventually.

Source code on GitHub (MIT license).

33

The Long Road to Crisis

6
terms
0
notes

the US auto industry as a bellwether (or something) for globalisation and the power of capital transforming over time?

Aschoff, N. (2016). The Long Road to Crisis. In , J. Rank and File. None, pp. 33-44

the incessant product and process innovation mechanism by which new production units replace outdated ones; coined by Joseph Schumpeter in 1942 as "the essential fact about capitalism"

39

Looking back at the past seventy years of production, both globally and in the United States, it is clear that the industry is never up nor down for long. Hypercompetitive battles to win customers in America’s “replacement” market and the current dominance of “localized” production models undergird a landscape of perpetual creative destruction.

—p.39 by Nicole Aschoff
notable
1 year, 10 months ago

Looking back at the past seventy years of production, both globally and in the United States, it is clear that the industry is never up nor down for long. Hypercompetitive battles to win customers in America’s “replacement” market and the current dominance of “localized” production models undergird a landscape of perpetual creative destruction.

—p.39 by Nicole Aschoff
notable
1 year, 10 months ago

a decline in the confidence of administrative functions, institutions, or leadership; first introduced in 1973 by Jürgen Habermas, a German sociologist and philosopher

39

the late 1970s is a good anchor point. By the end of that decade the country was engulfed in what sociologist Greta Krippner describes as a simultaneous social, fiscal, and legitimation crisis. The United States had overextended itself trying to manage both its domestic and overseas geopolitical projects. Military defeat, unrest at home and abroad, and increasing competition from European and Japanese firms led to skyrocketing inflation and rising unemployment.

—p.39 by Nicole Aschoff
notable
1 year, 10 months ago

the late 1970s is a good anchor point. By the end of that decade the country was engulfed in what sociologist Greta Krippner describes as a simultaneous social, fiscal, and legitimation crisis. The United States had overextended itself trying to manage both its domestic and overseas geopolitical projects. Military defeat, unrest at home and abroad, and increasing competition from European and Japanese firms led to skyrocketing inflation and rising unemployment.

—p.39 by Nicole Aschoff
notable
1 year, 10 months ago

a slogan refering to globalization popularised by Margaret Thatcher; means that the market economy is the only system that works, and that debate about this is over

42

Yet the feeling that the working class is lucky for the crumbs it gets is ubiquitous; the neoliberal mantra of “there is no alternative” shows no signs of quieting.

—p.42 by Nicole Aschoff
notable
1 year, 10 months ago

Yet the feeling that the working class is lucky for the crumbs it gets is ubiquitous; the neoliberal mantra of “there is no alternative” shows no signs of quieting.

—p.42 by Nicole Aschoff
notable
1 year, 10 months ago

the process whereby the financial industry becomes more prominent

42

Situating the auto-industry restructuring in the context of multiple intersecting processes — globalization, neoliberalism, and financialization — also highlights the central role of class struggle.

—p.42 by Nicole Aschoff
notable
1 year, 10 months ago

Situating the auto-industry restructuring in the context of multiple intersecting processes — globalization, neoliberalism, and financialization — also highlights the central role of class struggle.

—p.42 by Nicole Aschoff
notable
1 year, 10 months ago

the postulate that markets are organised most effectively by private enterprise and that the private pursuit of accumulation will generate the most common good; accomplished by opening international markets and financial networks, and downsizing the welfare state

42

Situating the auto-industry restructuring in the context of multiple intersecting processes — globalization, neoliberalism, and financialization — also highlights the central role of class struggle.

—p.42 by Nicole Aschoff
notable
1 year, 10 months ago

Situating the auto-industry restructuring in the context of multiple intersecting processes — globalization, neoliberalism, and financialization — also highlights the central role of class struggle.

—p.42 by Nicole Aschoff
notable
1 year, 10 months ago

(noun) marsh swamp / (noun) a situation that traps, confuses, or impedes / (noun) an overwhelming or confusing mass or mixture

42

The Left should resist the temptation to pronounce the present morass a foregone conclusion guaranteed by globalization or the internal drives of capitalism or competition.

—p.42 by Nicole Aschoff
notable
1 year, 10 months ago

The Left should resist the temptation to pronounce the present morass a foregone conclusion guaranteed by globalization or the internal drives of capitalism or competition.

—p.42 by Nicole Aschoff
notable
1 year, 10 months ago