Too Late for ‘Late Capitalism’
Basically, there are always a lot of problems in the world, and the media is always happy to deliver them right to your doorstep in order to drive engagement. And so there’s a natural tendency to read the news and think that the world is going to Hell in a handbasket. But these problems aren’t all related, and in fact sometimes some of them help... See more
Noah Smith • At Least Five Interesting Things: Will of the Masses Edition
“It’s easier to imagine the end of the world than the end of capitalism,” wrote the literary critic Fredric Jameson. One of the hardest elements to imagine is what capitalism has done to our perception of time via clocks. It now seems embedded into our very psychology to view time as a commodity that can be spent or wasted.
Joe Zadeh • The Tyranny Of Time
End of a Cycle
The recent historically long market expansion began with the recovery from the 2008 global financial crisis – and its inevitable end seems to have arrived via virus. Your impression of these high times might vary. You might remember the period for austerity, the Arab Spring, Trump, Brexit, Yellow Vests, the rise of the far right,... See more
The recent historically long market expansion began with the recovery from the 2008 global financial crisis – and its inevitable end seems to have arrived via virus. Your impression of these high times might vary. You might remember the period for austerity, the Arab Spring, Trump, Brexit, Yellow Vests, the rise of the far right,... See more