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Book cover for Debt: The First 5,000 Years
Actually, the remarkable thing about the statement “one has to pay one’s debts” is that even according to standard economic theory, it isn’t true. A lender is supposed to accept a certain degree of risk.
Marius and 2 other people liked this
Kevin Carson
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Kevin Carson
The enormous interest rate on credit card debt is to cover default risk, because it's unsecured debt. So discharging it in bankruptcy should be pretty much pro forma.
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Kurt Vonnegut Jr.
“Just because you can read, write and do a little math, doesn't mean that you're entitled to conquer the universe.”
Kurt Vonnegut, Hocus Pocus

David Graeber
“We have become a civilization based on work—not even “productive work” but work as an end and meaning in itself.”
David Graeber, Bullshit Jobs: A Theory

David Hume
“But the life of a man is of no greater importance to the universe than that of an oyster.”
David Hume, On Suicide

Bob Black
“Work is hazardous to your health, to borrow a book title. In fact, work is mass murder or genocide. Directly or indirectly, work will kill most of the people who read these words... Even if you aren't killed or crippled while actually working, you very well might be while going to work, coming from work, looking for work, or trying to forget about work. The vast majority of victims of the automobile are either doing one of these work-obligatory activities or else fall afoul of those who do them. To this augmented body-count must be added the victims of auto-industrial pollution and work-induced alcoholism and drug addiction. Both cancer and heart disease are modern afflictions normally traceable, directly, or indirectly, to work. Work, then, institutionalizes homicide as a way of life... We kill people in the six-figure range (at least) in order to sell Big Macs and Cadillacs to the survivors. Our forty or fifty thousand annual highway fatalities are victims, not martyrs. They died for nothing -- or rather, they died for work.”
Bob Black, The Abolition of Work

Ta-Nehisi Coates
“But race is the child of racism, not the father. And the process of naming “the people” has never been a matter of genealogy and physiognomy so much as one of hierarchy. Difference in hue and hair is old. But the belief in the preeminence of hue and hair, the notion that these factors can correctly organize a society and that they signify deeper attributes, which are indelible—this is the new idea at the heart of these new people who have been brought up hopelessly, tragically, deceitfully, to believe that they are white.”
Ta-Nehisi Coates, Between the World and Me

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8149 Workplace Democracy Reading Group — 29 members — last activity Oct 01, 2022 01:20PM
Reading group on the relationship between worker cooperatives and unions as both means of creating workplace democracy
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