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
To be sure, you *can* find some economists across the spectrum to defend sweatshops. But you can also find reams of Global South scholarship on tax drain and the bullying of nations to accept draconian IMF loan conditions. MacAskill’s book entirely ignores any viewpoint that does not affirm his own conservative priors — perhaps because confronting alternative views might force a rethinking of his philosophical stance, which is predicated on exhorting the world’s 1 percent to engage in as much economic predation of poor groups as possible as long it generates private wealth to then disburse.
Elite Universities Gave Us Effective Altruism, the Dumbest Idea of the Century
Linsey McGoey
Our history is the Luddites’ as well, and their insight—that technology was political, and that it could and, in many cases, should be opposed—has carried down through all manner of militant movements, including those of the present.
Breaking Things at Work
Gavin Mueller
...catch up on these, and many more highlights
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