Crowdsourced
Andrew made a Tumblr for his forthcoming thesis. Sometimes he will get off topic though.
ac.preston86[at]gmail.com
twitter.com/ac_preston
Home / Ask Me Anything / archive
Any existing structures and all the conditions of doing business are always in a process of change. Every situation is being upset before it has had time to work itself out.
Schumpeter, in Capitalism, Socialism and Democracy (1942, p. 31-32), obviously plagiarizing one of the early chapters of the Communist Manifesto, in which I believe the phrase was about relations that become “antiquated before they can ossify.”
As a matter of fact, capitalist economy is not and cannot be stationary. Nor is it merely expanding in a steady manner. It is incessantly being revolutionized from within by new enterprise, i.e., by the intrusion of new commodities or new methods of production or new commercial opportunities into the industrial structure as it exists at any moment. Any existing structures and all the conditions of doing business are always in a process of change. Every situation is being upset before it has had time to work itself out. Economic progress, in capitalist society, means turmoil.

Schumpeter, in Capitalism, Socialism and Democracy (1942, p. 31-32, emphasis included).

If I understand correctly, a good way to become a hugely influential economist is to plagiarize Marx while you repudiate Marx.

Our misfitting is our overflowing, the overflowing of our creativity, our magnificent being-able-to. So get thee gone to the dustbin of history, capital, and let us get on with making the world anew
John Holloway, in Crack Capitalism (2010, p. 252)
The argument is simple. We make capitalism: we must stop making it and do something else. This means setting doing against abstract labour: this we must, can and already do.
John Holloway, in Crack Capitalism (2010, p. 109)
[T]he pejorative use of this epithet [Luddite] by information revolutionaries slanders the real nature of a movement that represented a coherent protest against destructive industrialization advanced under the banner of technological necessity. And, just as in the first industrial revolution capital accumulated itself through popular immiseration, so the computerized ‘second industrial revolution’ will expand corporate wealth and control by massive dislocation, deskilling, and unemployment. What is required to confront this prospect is a revival of the resistant spirit of General Ludd – a neo-Luddism for the information age.
Nick Dyer-Witheford, in Cyber-Marx: Cycles and Circuits of Struggle in High-Technology Capitalism (1999, p. 52)
Employee Time vs Employer Time (via Married to the Sea)

Employee Time vs Employer Time (via Married to the Sea)

If a large part of the world’s population survives on less than a dollar a day, it is usually because they have constructed forms of mutual solidarity and support that generally do not exist in the more ‘advanced’ parts of the world. In many parts of the world, the construction of alternative social relations is simply a necessity: capitalist employment is irrelevant and the capitalist state does not function even as police or constructor of roads. […] Simple survival requires that people come together and take over the running of their neighbourhood or town, and in the process radical relations of solidarity are often constructed.
John Holloway, in Crack Capitalism (2010, p. 24)
“Even among the very rich, we see increasing divergence, with the super-ultra rich, the top 0.1% of earners, now making 8% of all U.S. income” (via Sociological Images)

“Even among the very rich, we see increasing divergence, with the super-ultra rich, the top 0.1% of earners, now making 8% of all U.S. income” (via Sociological Images)


If Katy Perry read Marx via Occasional Links and Commentary

It felt so wrong; it felt so right

Men of the working class unite

I read some Marx and I liked it

I liked it