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Slavery, the argument goes, was an inefficient system. The use of enslaved labor has been presented as premodern, a practice that had no ties to the capitalism that allowed America to become a leading global economy. This is untrue. Slavery, particularly the cotton slavery that existed from the end of (People who applaud the achievements of economic growth tend to omit the fact it was achieved off the back of exploitation like this) ...Read More
When Gordon Moore first projected the growth of “components per integrated function”, he put the doubling period at just about one year. This leads to expectations that this growth can be matched in other sectors of the economy… a category error based on a misunderstanding of fundamental biophysical realities. Modern (For those who haven't read it, Aaron Bastani's Fully Automated Luxury Communism pretty much depends on the idea that we can get exponential growth Moore's Law style across a bunch of sectors in order to achieve post-work, post-scarcity society before the planet implodes.) ...Read More
This is not a case of a company with a reasonably sound operating business that has managed to inflate stock market expectations a bit. This is a case of a massive valuation that has no relationship to any economic fundamentals. But Uber's narratives convinced most people in the media, invest­ment, ...Read More
Originally, customers were told to continue paying their debt, Reuters reported, but the company confirmed Friday to USA TODAY the debt was now cancelled. "Chase made the decision to exit the Canadian credit card market. As part of that exit, all credit card accounts were closed on or before March 2018. A further business decision has been made to forgive all outstanding balances in order to complete the exit," Maria Martinez, vice president of ...Read More
A very clear and concise argument for the other-than-human and the many worlds... “Could understandings of multiple agencies and more-than-human entanglements and kinships challenge a dominant mode of worlding—what Isabelle Stengers calls ‘a hegemonic machine’ that reduces nature to a resource ?” ...Read More
"This market-driven 'sustainable' vision of economic activity, ecological-conscious diets and 'hipness' within modern capitalism reinforce inequality and still hurt the environment."
"Of Strings and Kings is a set of musical compositions written for strings and machine learning algorithms. The AI duet accompaniment to the essay will serve as an aesthetic counterpart corresponding to the subjects of each chapter."
„This is the difference between people like me and Mark Zuckerberg.I live in a world where I presume that I could be a potential adversary to the system.“ on information warfare: ...Read More
"They seem mindless of the fact that all too often, mindfulness has been reduced to a commodified and instrumental self-help technique that unwittingly reinforces neoliberal imperatives."
Uber and friends might be running out of cheap labor.... Probably because ppl realize they are working for less than $10/h once you account for car depreciation costs. “These [food-delivery and ride-hailing] businesses are banking that driverless technologies will be available soon enough that they can get out of this endless cycle of losing money,” says Mr. Price. ...Read More
‘Potential users thus need to consider whether the promise of more health knowledge today is truly worth a potential lifetime of precarity and discrimination in any of the many scenarios in which their data travels in unanticipated ways.’