[A] great embarrassing fact… haunts all attempts to represent the market as the highest form of human freedom: that historically, impersonal, commercial markets originate in theft.
David GraeberTags: politics capitalism economics libertarianism markets
This was 1990 the year that communism died in Europe and it seemed strange to me that in all the words that were written about the fall of the iron curtain, nobody anywhere lamented that it was the end of a noble experiment. I know that communism never worked and I would have disliked living under it myself but none the less it seems that there was a kind of sadness in the thought that the only economic system that appeared to work was one based on self interest and greed.
Bill BrysonTags: capitalism greed communism
For if in careless summer days
In groves of Ashtaroth we whored,
Repentant now, when winds blow cold,
We kneel before our rightful lord;
The lord of all, the money-god,
Who rules us blood and hand and brain,
Who gives the roof that stops the wind,
And, giving, takes away again;
Who spies with jealous, watchful care,
Our thoughts, our dreams, our secret ways,
Who picks our words and cuts our clothes,
And maps the pattern of our days;
Who chills our anger, curbs our hope,
And buys our lives and pays with toys,
Who claims as tribute broken faith,
Accepted insults, muted joys;
Who binds with chains the poet’s wit,
The navvy’s strength, the soldier’s pride,
And lays the sleek, estranging shield
Between the lover and his bride.
Tags: money poetry sex capitalism poverty condoms
He wondered about the people in houses like those. They would be, for example, small clerks, shop-assistants, commercial travellers, insurance touts, tram conductors. Did they know that they were only puppets dancing when money pulled the strings? You bet they didn’t. And if they did, what would they care? They were too busy being born, being married, begetting, working, dying. It mightn’t be a bad thing, if you could manage it, to feel yourself one of them, one of the ruck of men. Our civilization is founded on greed and fear, but in the lives of common men the greed and fear are mysteriously transmuted into something nobler. The lower-middle-class people in there, behind their lace curtains, with their children and their scraps of furniture and their aspidistras — they lived by the money-code, sure enough, and yet they contrived to keep their decency. The money-code as they interpreted it was not merely cynical and hoggish. They had their standards, their inviolable points of honour. They ‘kept themselves respectable’— kept the aspidistra flying. Besides, they were alive. They were bound up in the bundle of life. They begot children, which is what the saints and the soul-savers never by any chance do.
The aspidistra is the tree of life, he thought suddenly.
Tags: money capitalism decency middle-class aspidistras
Like casinos, large corporate entities have studied the numbers and the ways in which people respond to them. These are not con tricks - they're not even necessarily against our direct interests, although sometimes they can be - but they are hacks for the human mind, ways of manipulating us into particular decisions we otherwise might not make. They are also, in a way, deliberate underminings of the core principle of the free market, which derives its legitimacy from the idea that informed self-interest on aggregate sets appropriate prices for items. The key word is 'informed'; the point of behavioural economics - or rather, of its somewhat buccaneering corporate applications - is to skew our perception of the purchase to the advantage of the company. The overall consequence of that is to tilt the construction of our society away from what it should be if we were making the rational decisions classical economics imagines we would, and towards something else.
Nick HarkawayTags: systems power choice society capitalism economics information corporations
Wall Street billionaires are predicting that Roosevelt-style railroad rate regulation will sooner or later bring about financial catastrophe. [ca. 1906]
Edmund MorrisTags: capitalism prognostication government-regulation
The theory of exodus proposes that the most effective way of opposing capitalism and the liberal state is not through direct confrontation but by means of what Paolo Virno has called “engaged withdrawal,”mass defection by those wishing to create new forms of community. One need only glance at the historical record to confirm that most successful forms of popular resistance have taken precisely this form. They have not involved challenging power head on (this usually leads to being slaughtered, or if not, turning into some—often even uglier—variant of the
very thing one first challenged) but from one or another strategy of slipping away from its grasp, from flight, desertion, the founding of new communities.
Tags: capitalism anarchism
Latter-day capitalism. Like it or not, it's the society we live in. Even the standard of right and wrong has been subdivided, made sophisticated. Within good, there's fashionable good and unfashionable good, and ditto for bad. Within fashionable good, there's formal and then there's casual; there's hip, there's cool, there's trendy, there's snobbish. Mix 'n' match. Like pulling on a Missoni sweater over Trussardi slacks and Pollini shoes, you can now enjoy hybrid styles of morality. It's the way of the world -- philosophy starting to look more and more like business administration.
Haruki MurakamiTags: morality society philosophy capitalism
Culture jamming is enjoying a resurgence, in part because of technological advancements but also more pertinently, because of the good old rules of supply and demand. Something not far from the surfaces of the public psyche is delighted to see the icons of corporate power subverted and mocked. There is, in short, a market for it. With commercialism able to overpower the traditional authority of religion, politics and schools, corporations have emerged a the natural targets for all sorts of free-floating rage and rebellion. The new ethos that culture jamming taps into is go-for-the-corporate-jugular.
Naomi KleinTags: art capitalism culture resistance corporations corporate-resistance culture-jamming
One thing you'll learn when you're in the business of selling utter shite to the Great British Public is that there's really no bottom to where they'll go. Shit food, shit TV, shit bands, shit films, shit houses. There is absolutely no fucking bottom with this stuff. The shittier you can make it - a bad photocopy of a bad photocopy of what was a shit idea in the first place - the more they'll eat it up with a big fucking spoon, from dawn till dusk, from now until the end of time. It's too good.
John NivenTags: society capitalism humour public buying selling
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