david on capitalism shift
david graeber on shift in capitalism
via nika dubrovsky tweet [https://x.com/nikadubrovsky/status/1849942199665861007]:
The Shift In Capitalism – David Graeber – http://kolektiva.media – https://goo.gl/alerts/9PzSZx #GoogleAlerts
notes/quotes from 2 min video clip:
i did what i was told.. now.. 40k in debt.. no jobs.. because these guys didn’t play by the rules.. yet i’m the deadbeat because i owe the money.. who owes what to who here.. this is ridiculous.. it’s that very sense of humiliation blowing up in your face again.. being told you’re in the wrong when clearly you’re not..
this is ridiculous
spiritual violence.. structural violence.. et al
debt et al
i think it has to do w shift in nature of c itself.. less/less about extracting value thru wage.. more/more about financial manipulation thru alliance of the state.. like classic defn’s of feudalism which is directed thru political extraction..
now.. gen motors makes no money.. all profits in finance..paying no taxes.. take money and bribe politicians to write laws that give even more money from finance.. avg american paying 20% of income to finance industry directly.. who suffers most.. who can’t get out.. students w loans and the working poor.. payday loan victims.. in very similar situation
need a nother way
sans any form of measuring, accounting, people telling other people what to do
_________
________
________
________
_______
_______
______-
be you. 