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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.
Michael’ 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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Noam Chomsky
“The smart way to keep people passive and obedient is to strictly limit the spectrum of acceptable opinion, but allow very lively debate within that spectrum....”
Noam Chomsky, The Common Good

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
“Among themselves they quibble over the details. Unions and management agree that we ought to sell the time of our lives in exchange for survival, although they haggle over the price. Marxists think we should be bossed by bureaucrats. Libertarians think we should be bossed by businessmen. Feminists don't care which form bossing takes so long as the bosses are women. Clearly these ideology-mongers have serious differences over how to divvy up the spoils of power. Just as clearly, none of them have any objection to power as such and all of them want to keep us working.”
Bob Black, The Abolition of Work

Bob Black
“Work makes a mockery of freedom. The official line is that we all have rights and live in a democracy. Other unfortunates who aren't free like we are have to live in police states. These victims obey orders or-else, no matter how arbitrary. The authorities keep them under regular surveillance. State bureaucrats control even the smaller details of everyday life. The officials who push them around are answerable only to higher-ups, public or private. Either way, dissent and disobedience are punished. Informers report regularly to the authorities. All this is supposed to be a very bad thing. And so it is, although it is nothing but a description of the modern workplace.”
Bob Black, The Abolition of Work

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

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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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