Join 📚Jof’S Book Highlights
A batch of the best highlights from what Jophin's read, .
“Say’s Law,” which claims there is a necessary equilibrium between buying and selling or that supply necessarily induces an equal demand, is only valid when the circulation of commodities (mediated by money) is equated with direct barter: only then does each “sale” coincide with a simultaneous “purchase.” Thus when classical and neoclassical economics purport to substantiate the claim of an inherently crisis-free capitalism, they basically assume a capitalism without money.
An Introduction to the Three Volumes of Karl Marx's Capital
Michael Heinrich
Those of us who love reading and writing believe that being a writer is a sacred trust. It means telling the truth. It means being incorruptible. It means not being afraid, and never lying. Those of us who love reading and writing feel great pain because so many people who write books have become cowards, clowns, and liars. Those of us who love reading and writing begin to feel a deadly contempt for books, because we see writers being bought and sold in the market place—we see them vending their tarnished wares on every street corner. Too many writers, in keeping with the Amerikan way of life, would sell their mothers for a dime.
Last Days at Hot Slit
Andrea Dworkin; Johanna Fateman (Ed); Amy Scholder
While you’d expect a level playing field to produce more mobility in both directions—more working-class kids finding room at the top, and more privileged families settling for run-of-the-mill careers—a lot of the time the real concern is not the total volume of shuffling, but much more specifically the number of “steps up” the class ladder. And it is upward, rather than total, mobility which will, pretty obviously, be the more popular cause.
The Social Mobility Trap
prospectmagazine.co.uk
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