“What we’ve seen over the last 30 years is a war on the human imagination. That’s the other starting point for this book—that in 2008 we had this crash, and all these assumptions we’ve been told we’ve had to accept for 30 years came crashing to the ground along with the market. One of them is the assumption that markets are actually self-sustaining. Obviously not true. Another one was that the people running them are competent. For years we were told that they aren’t very nice people—they’re greedy bastards, actually—but they know what they’re doing. All other systems just don’t work. These guys are incredibly bright, they’re incredibly competent. No, it turns out actually that they don’t even understand the working of their own financial instruments, or as far as they do, they’re engaged in scams. They trashed the entire system. Assumption number three is that all debts ought to be repaid. Actually, no, debts don’t really need to be repaid, because AIG, who owes money, can wave a variety of different magic wands and debts can be made to disappear. Once you understand that the narrative we’ve been handed has been false, you’d think this would be the moment when you start thinking about larger questions: Why do we have an economy? What is debt? What is money? How could these things be organized differently? What do we need to keep and what do we change? You would think this would be the moment for international discussion about the basic assumptions that we’ve been making, and it seemed for about two weeks that it was going to happen.” — David Graeber (via azspot)
(via azspot)
“
About 65 million years ago, the Earth was struck by an asteroid some 10 km in diameter with a mass of well over a trillion tons. We now know the immediate impact of this event—megatsunamis, global wildfires ignited by giant clouds of superheated ash, and, of course, the mass extinction of land-based life on Earth.
But in recent years, astrobiologists have begun to study a less well known consequence: the ejection of billions of tons of life-bearing rocks and water into space. By some estimates, the impact could have ejected as much mass as the asteroid itself.
” — (via Technology Review)
“Poster series explaining complex philosophical theories through basic shapes”
(via geniscarreras.com)
Anatomy of an Imperial Dalek
“Capitalism did not arise by a set of natural laws which stem from human nature: it was spread by the organised violence of the elite. The concept of private property of land and means of production might seem now like the natural state of things, however we should remember it is a man-made concept enforced by conquest. Similarly, the existence of a class of people with nothing to sell but their labour power is not something which has always been the case - common land shared by all was seized by force, and the dispossessed forced to work for a wage under the threat of starvation or even execution. As capital expanded, it created a global working class consisting of the majority of the world’s population whom it exploits but also depends on.” — Anti-capitalism 101 (via azspot)
(via azspot)
“Organized gambling is a scam. And it particularly preys upon people with lower incomes – who assume they can’t make it big any other way, who often find it hardest to assess the odds, and whose families can least afford to lose the money.” — (via Rober Reich )
[video]
“Lonely Man” by Edno Pereira Jr.
Shirt available at threadless for $9.99 USD. See you, Space Cowboy.
Artist: deviantart / twitter / flickr
(via itsfullofstars)
“Republicans have morality upside down. Santorum, Gingrich, and even Romney are barnstorming across the land condemning gay marriage, abortion, out-of-wedlock births, access to contraception, and the wall separating church and state. But America’s problem isn’t a breakdown in private morality. It’s a breakdown in public morality. What Americans do in their bedrooms is their own business. What corporate executives and Wall Street financiers do in boardrooms and executive suites affects all of us. There is moral rot in America but it’s not found in the private behavior of ordinary people. It’s located in the public behavior of people who control our economy and are turning our democracy into a financial slush pump. It’s found in Wall Street fraud, exorbitant pay of top executives, financial conflicts of interest, insider trading, and the outright bribery of public officials through unlimited campaign “donations.” — Robert Reich (via azspot)
(via azspot)
