Bookmarker is a personal project by @dellsystem to help with retaining reading material. Source on GitHub.

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7 years, 10 months ago

why we don’t have robot factories

[...] 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…

—p.87 No Future for You: Salvos from the Baffler Of Flying Cars and the Declining Rate of Profit (75) by David Graeber
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7 years, 10 months ago

value emerges directly from the minds of entrepreneurs

[...] 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 ec…

—p.84 Of Flying Cars and the Declining Rate of Profit (75) by David Graeber
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7 years, 10 months ago

his insights had been privatized

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.

—p.83 Of Flying Cars and the Declining Rate of Profit (75) by David Graeber
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7 years, 10 months ago

postwork civilization was a giant fraud

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 allowe…

—p.79 Of Flying Cars and the Declining Rate of Profit (75) by David Graeber
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7 years, 10 months ago

the ultimate contradiction of the Innovation Economy

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…

—p.70 The People’s Republic of Zuckerstan (43) by John Summers