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A batch of the best highlights from what Jophin's read, .
So here is the little fairy story, the Idiot’s Guide to the birth of the boss. Alchian and Demsetz reverse the old logic, that of the employer-based justification of authority. Control no longer derives from the right of ownership; on the contrary, it is appropriation that is presented as arising from the requisites of control. From then on, the appropriation of profits appears as a process guaranteeing the zeal of the central agent by an incentive mechanism. It is a simple matter of governance.
The Ungovernable Society
Grégoire Chamayou
The set of people dependent on the market is, in other words, not necessarily identical with the set of people capital needs as wage labourers; the latter is only a subset of the former. If we want to grasp the fundamental class domination underlying the capitalist mode of production, we therefore have to avoid defining class in terms of exploitation.
Mute Compulsion
Søren Mau
people do have a notion of the social value of their work; but our society has reached the point where not only is the social value of work usually in inverse proportion to its economic value (the more one’s work benefits others, the less one is likely to be paid for it), but many people have come to accept this situation is morally right—they genuinely believe this is how things ought to be.
Bullshit Jobs
David Graeber
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