“You've got to work with your mistakes until they look intended. Understand?”
― Cathedral
― Cathedral
“The real force that pushed history to breakneck velocity […] was not the share market. Share markets were simply not liquid enough to bankroll Edison-sized ambitions. At the turn of the 20th century […] neither the banks nor the share markets could raise the kind of money needed to build all those power stations, grids, factories and distribution networks. To get those vast projects off the ground, what was required was an equivalently-sized network of credit. Hand-in-hand, shareholding and technology led to the creation of shareholder-owned mega banks, willing to lend to the new mega firms by generating a new kind of mega debt. This took the form of vast overdraft facilities for the Thomas Edisons and the Henry Fords of the world. Of course, the money they were lent did not actually exist… yet. Rather, it was as if they were borrowing the future profits of their mega firms in order to fund those mega firms’ construction.”
― Another Now: Dispatches from an Alternative Present
― Another Now: Dispatches from an Alternative Present
“That a system evolved in a given environment only proves it’s best at replicating itself in that environment. […] That doesn’t make it a system that we should want to live in, nor, more importantly, is it any indication of its ability to survive over the longer term. Environments change, sometimes rapidly, sometimes because of the system’s own ill-effects. Out-competing other systems rather than living harmoniously with them can eventually be self-destructive. Viruses are a good case and point. [...] The question is not whether share-trading and capitalism have out-competed other systems up until now, but whether their effects are consistent with their hosts’ survival.”
― Another Now: Dispatches from an Alternative Present
― Another Now: Dispatches from an Alternative Present
“He is just a running boy, a half-seen figure from the streets, but the way running reveals some clue to being, the way a runner bares himself to consciousness, this is how the dark-skinned kid seems to open to the world, how the bloodrush of a dozen strides brings him into eloquence.”
― Underworld
― Underworld
“Longing on a large scale makes history.”
― Underworld
― Underworld
Marx's Capital Volumes I, II, III (Study Group - 2020 and beyond)
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Luke’s 2025 Year in Books
Take a look at Luke’s Year in Books, including some fun facts about their reading.
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