Sublime

The neoliberal reforms we have witnessed over the past decades are no doubt pernicious. The downfall of the welfare state, however, is due not only to neoliberal ideology but also to the general reliance on the generation of capital wealth, which makes the welfare state hostage to economic crises.

Without building durable and shared sites of worth outside of market relations, we are stuck with the valuation of worth as productivity.

Henry Hazlitt pouvait s’enorgueillir d’avoir fourni une arme intellectuelle de grande valeur pour le soutien des idées de liberté, de propriété et de responsabilité individuelle.

The materialist superstition is this: that wealth consists of things rather than thoughts, of accumulated capital rather than accumulated knowledge—that people are chiefly consumers rather than creators, mouths rather than minds.

Today’s economy rewards people most for merely allocating existing capital. That’s not a recipe for prosperity; it’s simply a game of musical chairs.

Information technology is creating economic inequality magnitudes outside the range of anything experienced by our ancestors in the pristinely egalitarian Stone Age. Information technology is also creating supraterritorial assets, which will help to subvert the embodiment of the in-group, the nation-state. Ironically, these new cyberassets will

Berkeley is a microcosm of the intrusion of corporations into education. Education, at least an education that challenges assumptions and teaches students to be self-critical, has been sacrificed in a Faustian bargain. Charles Schwartz, an emeritus professor of physics, drew up a chart that showed that in the last fourteen years, from 1993 to 2007,

The fundamental challenge twentieth-century organizations face in the twenty-first is uselessness: an inability to add to the Common Wealth.