Join 📚Jof’S Book Highlights
A batch of the best highlights from what Jophin's read, .
Mak-
ing development ‘investible’ requires a two-pronged strategy: (a) reorient
the fiscal and monetary arm of the state into de-risking development as-
set classes, to ensure steady cash flows for investors; (b) re-engineer local
financial systems in the image of US market-based finance to allow port-
folio investors easy entry into, and exit from, new asset classes. Thus, the
WSC marks a new moment in capitalist accumulation, from what David
Harvey (2003) termed ‘accumulation by dispossession’ to accumulation by
de-risking.
The Wall Street Consensus
Daniela Gabor
It is interesting to note that the British welfare state, like most post–World War II welfare states, was consciously constructed against the principle that the poor need to be compelled to labor. This started to change almost everywhere starting in the 1970s.
Bullshit Jobs
David Graeber
Because we exist embedded in systems not of our choosing and well beyond our control, our greenhouse gas emissions have a certain unbearable lightness. They are light in the sense that our choices within systems give rise to emissions with little thought or means to avoid them; they are light in terms of the actual environmental impact they cause on their own, disaggregated from the emissions of billions of other individuals; and they are light in comparison to the economic costs or benefits that they might bring us within currently imaginable regulatory schemes. Yet, despite their lightness, they are unbearable when we countenance them as beings with agency and responsibility who wish to be ethical in the Anthropocene.
Ways Not to Think About Climate Change
Kysar, Doug
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