- Last 7 days
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Unknown artist, "The Pyramid of Capitalist System", 1911, based on a Russian flyer circa 1900
via Rabih Alameddine rabihalameddine.bsky.social at https://bsky.app/profile/rabihalameddine.bsky.social/post/3ld7mnwyvlc26
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- Nov 2024
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Local file Local file
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Poverty, by America
the title of the book implies an ownership of poverty (by America)... there's also an implication of authorial voice as if America is a "creator", but specifically a creator of poverty as much as it is a creator of wealth
In the framing of toxic capitalism, it's almost as if one of the things America is good at manufacturing is poverty.
If we've outsourced most of our manufacturing sector, why not also include poverty?!?
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how some lives are made small so thatothers may grow.
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Desmond, Matthew. Poverty, by America. 1st ed. New York: Crown, 2023. https://amzn.to/40Aqzlp
Annotation URL: urn:x-pdf:eefd847a2a1723651d1d863de5153292
Alternate annotation link: https://jonudell.info/h/facet/?user=chrisaldrich&max=100&exactTagSearch=true&expanded=true&url=urn%3Ax-pdf%3Aeefd847a2a1723651d1d863de5153292
Tags
- mortgages
- unions
- poverty prevention
- taxes
- landlords
- work
- welfare system
- growth
- Democrats
- Earned Income Tax Credit (EITC)
- authorial voice
- opportunity commodification
- sociology
- empowerment
- National Labor Relations Act
- taxing the poor
- poverty abolitionism
- banking sector
- universal basic income (UBI)
- unemployment insurance
- Children’s Health Insurance Program (CHIP)
- open questions
- workforce
- neighborhoods
- welfare
- poverty
- opportunity
- Black Americans
- policy
- ownership
- References
- eviction
- capitalism
- deconcentrating poverty
- food stamps
- child poverty
- Mollie Orshansky
- zoning laws
- means-tested transfer programs
- authorship
- minimum wage
- War on Poverty
- Dan Allosso Book Club
- buy-now-pay-later (BNPL) companies
- payday loan industry
- toxic capitalism
- housing market
- creators
- labor market
- Poverty, by America
- opportunity hoarding
- class
- Low Income Housing Tax Credit (LIHTC)
- wage stagnation
- Dan Allosso Book Club 2024-11-09
- Ronald Reagan
- American poverty
- Matthew Desmond
- wages
- American manufacturing
Annotators
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- Oct 2024
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en.wikipedia.org en.wikipedia.org
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Natural resources (like fossil fuels), are treated as expendable income, when in fact they should be treated as capital, since they are not renewable, and thus subject to eventual depletion.
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Local file Local file
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s we have often said before, paper is so cheap thatthere is no need for such economy.
Compare this with the reference in @Kimmerer2013 about responsibility to the tree and not wasting paper: https://hypothes.is/a/pvQ_4ofxEe-NfSOv5wMFGw
where is the balance?
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- Aug 2024
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x.com x.com
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https://x.com/Chronotope/status/1828785701732663335
Crypto miners are being paid not to mine to ease energy production/consumption cycles.
Related to protection money for the mob
re: https://x.com/curious_founder/status/1828511303788322888/photo/1 on The Economist's article about crypto mining in Texas o/a 2024-08-27
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en.wikipedia.org en.wikipedia.org
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Salesman documents the work of a group of door-to-door Bible salesmen in New England and Florida. Deeper down, the film is a dissection of the degenerative and devastating effects of capitalism on small towns and individuals, but more than any political statement the film is about normal people in all their ugliness and truthfulness.
see also: Barnouw, Erik (1993), Documentary a History of the Non-fiction Film (PDF), New York and Oxford: Oxford University Press, pp. 241–242, retrieved March 30, 2020
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www.westwingtranscripts.com www.westwingtranscripts.com
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CHINESE AMBASSADOR Exactly. But you have always taught us that liberty is the same thing as capitalism, as if life, liberty and the pursuit of happiness cannot be crushed by greed. Your American dream is financial, not ethical.
West Wing S7 E 11 "Internal Displacement"<br /> http://www.westwingtranscripts.com/search.php?flag=getTranscript&id=145<br /> written by Aaron Sorkin & Bradley Whitford
A powerful quote about what really matters in America
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- May 2024
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Leaked Amazon memo warns the company is running out of people to hire by [[Jason Del Rey]]
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- Apr 2024
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www.mcsweeneys.net www.mcsweeneys.net
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Special Features of Trump’s Bible by [[Andrew Singleton]]
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- Mar 2024
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thebaffler.com thebaffler.com
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Ongweso Jr., Edward. “The Miseducation of Kara Swisher: Soul-Searching with the Tech ‘Journalist.’” The Baffler, March 29, 2024. https://thebaffler.com/latest/the-miseducation-of-kara-swisher-ongweso.
ᔥ[[Pete Brown]] in Exploding Comma
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By insisting the issue with Uber was largely cultural, Swisher ends up affirming the myth that Uber was not only an inevitable but ultimately good innovation, a few bad apples notwithstanding.
Perhaps without the toxic capitalism portion Uber may have been a great innovation? Maybe it would have been better as a co-op, community, or government supported organization which put the value into both drivers' and riders' pockets?
Naturally the crazy hype which generated the VC money would have been needed to be replaced, so the question becomes: who would have funded the start up?
Tags
- Travis Kalanick (Uber)
- Sheryl Sandberg
- diversity equity and inclusion
- co-ops
- startups
- surveillance capitalism
- toxic capitalism
- access journalism
- Satya Nadella
- bad technology
- Microsoft
- Tony West
- toxic technology
- VC funding
- acceleration
- social media machine guns
- technology and the military
- techno-utopianism
- attention economy
- Kara Swisher
- Sundar Pichai
- read
Annotators
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- Feb 2024
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Local file Local file
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The GNR technologies do not divide clearly into commercial andmilitary uses; given their potential in the market, it’s hard to imaginepursuing them only in national laboratories. With their widespreadcommercial pursuit, enforcing relinquishment will require a verificationregime similar to that for biological weapons, but on an unprecedentedscale. This, inevitably, will raise tensions between our individual pri-vacy and desire for proprietary information, and the need for verifica-tion to protect us all. We will undoubtedly encounter strong resistanceto this loss of privacy and freedom of action.
While Joy looks at the Biological and Chemical Weapons Conventions as well as nuclear nonproliferation ideas, the entirety of what he's looking at is also embedded in the idea of gun control in the United States as well. We could choose better, but we actively choose against our better interests.
What role does toxic capitalism have in pushing us towards these antithetical goals? The gun industry and gun lobby have had tremendous interest on that front. Surely ChatGPT and other LLM and AI tools will begin pushing on the profitmaking levers shortly.
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Now, as then, we are creators of new technologies and stars of theimagined future, driven—this time by great financial rewards andglobal competition—despite the clear dangers, hardly evaluating whatit may be like to try to live in a world that is the realistic outcome ofwhat we are creating and imagining.
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But thesewarnings haven’t been widely publicized; the public discussions havebeen clearly inadequate. There is no profit in publicizing the dangers.
Tags
- personal interests
- publicity
- societal interests
- privatize profits socialize losses
- technology
- weapons of mass destruction
- artificial intelligence
- surveillance capitalism
- toxic capitalism
- lobbying
- quotes
- gun control
- Bill Joy
- artificial intelligence control
- genetics nanotechnology robotics (GNR)
Annotators
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- Dec 2023
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Local file Local file
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Wells attempts in this essay to help mankind "pull it's mind together" for the betterment of people and the planet. How is this supposed to happen in a modern media environment which is designed to pull our minds apart as rapidly as possible?
How might the strength of capitalism be leveraged to push people back toward a common middle rather than split them apart?
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- Oct 2023
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quoteinvestigator.com quoteinvestigator.com
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“It is difficult to get a man to understand something, when his salary depends upon his not understanding it!”
This quote is a feature of toxic capitalism, which should be efficient enough to allow a person to quickly obtain another job to thereby make the issue moot.
Part of it is tied into identity as well.
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udenver.zoom.us udenver.zoom.us
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Some related ideas that are suggesting some sort of thesis for improving the idea of ungrading: - We measure the things we care about. - In Education, we care about learning and understanding, but measuring these outside of testing and evaluation is difficult at best (therefor ungrading). - No one cares about your GPA six months after you graduate. - Somehow we've tied up evaluations and grades into the toxic capitalism and competition within US culture. Some of this is tied into educational movements related to Frederick Winslow Taylor and Harvards Eliot. - Hierarchies instituted by the Great Chain of Being have confounded our educational process.
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- Aug 2023
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The industrial worker now has twentyhours of free time a week that his grandfather did not have.
Where does this wealth ultimately go in the long run? Not to the worker, but primarily to the corporation competing against them for the added value.
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www.theatlantic.com www.theatlantic.com
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Meador, Jake. “The Misunderstood Reason Millions of Americans Stopped Going to Church.” The Atlantic, July 29, 2023. https://www.theatlantic.com/ideas/archive/2023/07/christian-church-communitiy-participation-drop/674843/.
Meador looks at how churches might offer better community as a balm to W.E.I.R.D. lifeways and toxic capitalism.
Why must religion be the source for these communal and social supports? Why can't alternate social structures or institutions handle these functions?
Is this why the religious right is also so heavily opposed to governmental social support programs? Are they replacing some of the needs and communal desires people in need have? Why couldn't increased governmental support programs be broader and more holistic in their leanings to cover not only social supports, but human contact and community building as well.
Do some of these tensions between a mixed W.E.I.R.D. and non-W.E.I.R.D Americans cause a lot of the split political identities we see in the last few decades? What is the balm for this during the transition?
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In a workist culture that believes dignity is grounded in accomplishment, simply reclaiming this alternative form of dignity becomes a radical act.
Workist cultures are built on the principle that identity, worth, and dignity are grounded in an individual's accomplishments.
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Contemporary America simply isn’t set up to promote mutuality, care, or common life. Rather, it is designed to maximize individual accomplishment as defined by professional and financial success. Such a system leaves precious little time or energy for forms of community that don’t contribute to one’s own professional life or, as one ages, the professional prospects of one’s children. Workism reigns in America, and because of it, community in America, religious community included, is a math problem that doesn’t add up.
Extreme focus on financial and professional success has driven people to give less time to communal spaces and experiences including religious life.
Is this specific to America's brand of toxic capitalism or do other WEIRD economies experience this?
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- Dec 2022
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www.robinsloan.com www.robinsloan.com
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I want to insist on an amateur internet; a garage internet; a public library internet; a kitchen table internet.
Social media should be comprised of people from end to end. Corporate interests inserted into the process can only serve to dehumanize the system.
Robin Sloan is in the same camp as Greg McVerry and I.
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- Nov 2022
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arstechnica.com arstechnica.com
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Those sticking with Musk must be prepared to work “maniacally,” he says, to support whatever move he makes next, creating an ongoing environment where employees can’t easily predict their day to day, which experts say makes it even more likely that turnover will remain high.
A billionaire following a $44 billion dollar company purchase pushing employees to work "maniacally"? As if they weren't working hard before?
What value did he possibly see here?
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doctorow.medium.com doctorow.medium.com
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twitter.com twitter.com
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<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>I've been told since the first day I started working at the Division of Hospital Medicine at @UCSF that my work doesn't bring in $ to cover my salary. It's a narrative of manufactured scarcity, a common tactic in capitalism. The CEO is making $1.85 million plus bonuses.
— Rupa Marya, MD (@DrRupaMarya) November 4, 2022
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>A Hospitalist’s economic value is in what we *save* the system in terms of quality-driven care and patient throughput (DC/unit time), not in how much we bring in through profees. Because of how the system is structured, you’ll only see our value when we aren’t there.
— Rupa Marya, MD (@DrRupaMarya) November 4, 2022This sounds a lot like hospitalists fall under David Graeber's thesis in Bullshit Jobs that the more necessary and useful you are the less you're likely to get paid and be valued.
I suspect the ability to track an employees' direct level of productivity also fits into this thesis. One can track the productivity of an Amazon warehouse worker or driver, but it's much more difficult to track the CEOs direct productivity.
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- Sep 2022
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Unemployed workers are much more likelyto fall into poverty in countries like the United States, Canada, and Japan,compared with countries such as the Netherlands and Iceland.
Is part of this effect compounded by America's history of the Protestant work ethic (see Max Weber)?
Do the wealthy/powerful benefit by this structure of penalizing the unemployed this way? Is there a direct benefit to them? Or perhaps the penalty creates a general downward pressure on overall wages and thus provides an indirect benefit to those in power?
What are the underlying reasons we tax the unemployed this way?
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One reason for this is that poverty is not something that people wish to ac-knowledge or draw attention to. Rather, it is something that individuals andfamilies would like to go away. As a result, many Americans attempt to concealtheir economic difficulties as much as possible.22 This often involves keeping upappearances and trying to maintain a “normal” lifestyle. Such poverty downthe block may at first appear invisible. Nevertheless, the reach of poverty iswidespread, touching nearly all communities across America.
Middle Americans, and particularly those in suburbia and rural parts of America that account for the majority of poverty in the country, tend to make their poverty invisible because of the toxic effects of extreme capitalism and keeping up appearances.
Has this effect risen with the rise of social media platforms like Instagram and the idea of "living one's best life"? How about the social effects of television with shows like "Keeping up with the Kardashians" which encourage conspicuous consumption?
More interesting is the fact that most of these suburban and rural poverty stricken portions of the country are in predominantly Republican held strongholds.
Is there a feedback mechanism that is not only hollowing these areas out, but keeping them in poverty?
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Although the causes of poverty have not been examined in this chapter,the findings presented here suggest that given its widespread nature, povertyappears systematic to our economic structure. In short, we have met the enemy,and they are us.
Tags
- invisible poverty
- unemployment
- economics
- social welfare
- middle America
- power over
- sociology
- social taxes
- politics
- toxic capitalism
- conspicuous consumption
- suburbs
- Republican party
- penalizing poverty
- Protestant work ethic
- rural poverty
- open questions
- poverty
- keeping up appearances
- human resources
- keeping up with the Jonses
Annotators
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www.insidehighered.com www.insidehighered.com
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I still say that students should do their own work on researching and identifying textbooks and not their professors. They should all be optional and never required. This would fix the textbook issue rapidly.
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- Jun 2022
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Local file Local file
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We’ve been conditioned to view information through aconsumerist lens: that more is better, without limit.
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- Aug 2018
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Local file Local file
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In this consumerist-led version of proletarianization, which is very per-tinent to what is happening with the commodification of higher educa-tion, the argument is that ‘consumers are “discharged” of the burden as well as the responsibility of shaping their own lives and are reduced to units of buying power controlled by marketing techniques’ (p. 34). For example, in rating and ranking scales and league tables, marketing agencies have essentially appropriated the decision-making process from students and their parents. Today’s ‘cognitive capitalism’, Lemmens says, is producing the ‘systematic destruction of knowledge and the knowing subject’ (p. 34), in what Stiegler calls the ‘systematic industri-alization of human memory and cognition’ (p. 34). As Stiegler (2010b) cryptically puts it, what is at stake is ‘the battle for intelligence’ (p. 35) which had its most recent genesis in the ‘psychopathologies and addic-tive ‘behavior patterns’ (Lemmens 2011, p. 34) brought about by the ‘logic of the market’ ushered in by Thatcher and supported by Reagan. This unleashed ‘a cultural and spiritual regression of unprecedented magnitude, transforming the whole of society into a machine for profit maximization and creating a state of “system carelessness” and “systemic stupidity” on a global scale’ (p. 34). It is literally ‘a global struggle for the mind’ in a context where there is an erasure of ‘consciousness and sociality’ (p. 35)
Draws on labour process theory and the work of Stiegler to conceptualise the de-professionalisation of academic workers and their proletarianisation. This relates to the arguments about how economic rationales have colonised all areas of social life.
This seems to mirror similar arguments put forward by Nikolas Rose and Michel Dean and other post-structuralists such as drawing on Foucault's governmentality
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