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Clever Corporate Criticism of U.S. Schools | Portside
At the present time there has been an increased, critical spotlight on capitalism. “Capitalism” is no longer the word that cannot be uttered. For example, inquiring about American views on capitalism and socialism, Gallup Poll found that a substantial percentage of Democrats/Leaners (57%) had a more positive view of socialism than of capitalism, with the most positive view expressed among Americans 18 to 29. While Americans overall have a positive view of capitalism, the rating has declined over the last eight years, positive rating the lowest since 2010. Again, most significantly, public conversations about “capitalism’s” benefits and harms are increasingly in public and political discourse. Recently, for example, Senator Elizabeth Warren introduced of the “Accountable Capitalism Act,” which raises questions about the interests corporations serve. Education activist organizations might do well working to create similar legislation.
Education  Education_reform  higher-education  LIU  Cline  inequalities  Business  capitalism 
34 minutes ago by Jibarosoy
Sam Worley: In the Dismal Swamp (Popula)
Though Donald Trump has made it into a catchphrase, he didn’t come up with the metaphor “drain the swamp.”
history  trump  language  capitalism  imperialism 
5 hours ago by matthewmcvickar
Capitalism Works (or Not) for Me
Article Richard Wolff and Harriet Fraad wrote about Capitalism Works For Me! True/False in 2013
capitalism  richardwolff 
14 hours ago by SteveLambert
Let's bring back the Sabbath as a radical act against ‘total work’ | Aeon Ideas
‘Remember the Sabbath day, and keep it holy.’ The commandment smacks of obsolete puritanism – the shuttered liquor store, the cheque sitting in a darkened post office. We usually encounter the Sabbath as an inconvenience, or at best a nice idea increasingly at odds with reality. But observing this weekly day of rest can actually be a radical act. Indeed, what makes it so obsolete and impractical is precisely what makes it so dangerous.

When taken seriously, the Sabbath has the power to restructure not only the calendar but also the entire political economy. In place of an economy built upon the profit motive – the ever-present need for more, in fact the need for there to never be enough – the Sabbath puts forward an economy built upon the belief that there is enough. But few who observe the Sabbath are willing to consider its full implications, and therefore few who do not observe it have reason to find any value in it.
capitalism  life  religion  argument  work 
16 hours ago by kmt
Capitalism Killed Our Climate Momentum, Not “Human Nature”
Capitalism Killed Our Climate Momentum, Not “Human Nature”. Capitalism killed our climate momentum, not “human nature” by @NaomiAKlein. via Instapaper. September 24, 2018 at 06:19PM
InstapaperArchive  climatechange  capitalism 
17 hours ago by sjspires
How Slavery Inspired Modern Business Management | Boston Review
"The most striking parallel between slavery and scientific management can be found in the “task idea,” which Taylor described as “the most prominent single element in modern scientific management.” The task system is closely identified with Henry Laurence Gantt, who is well known today for the Gantt chart, a scheduling tool, which still bears his name. During the heyday of scientific management, Gantt developed a “task and bonus system,” which paired a flat task and a time wage with bonuses for overwork. Workers would be paid a base wage plus an additional piece rate for production above a certain minimum. By combining an achievable (rather than a maximal) task with bonuses, workers would enjoy the security of a minimum payment but also be encouraged to strive beyond it."

"Writing in 1918, historian Ulrich Bonnell Phillips acknowledged the parallels between scientific management and slavery. As Daniel Joseph Singal notes, when Phillips described the sophistication of southern management strategies, he liked to reference a series of articles in the Southern Planter by H. W. Vick, whose “analysis of stance and movement” resembled some of the most advanced industrial studies of his own time. Perhaps Phillips’s own rosy views of slavery enabled him to see these connections. One of the most influential historians of slavery, his work was infused with racial bias. He famously characterized slavery as a kind of “school” for the enslaved, and his descriptions of the interactions between planters and their slaves bear striking similarities to the ways Taylor described the ideal interactions between managers and workers. In 1911, during the many months of congressional hearings on scientific management, Taylor attempted to distance his system from that of slavery by describing it as a school for workers who did not know how to work: this “is not nigger driving; this is kindness; this is teaching; this is doing what I would like mighty well to have done to me if I were a boy trying to learn how to do something. This is not a case of cracking a whip over a man and saying, ‘Damn you, get there.’”

Half a century after Phillips, Keith Aufhauser again described the extent to which the theory and practice of the slaveholders conformed to Taylor’s system of scientific management. During a decade of heated debate over the nature of southern slavery, Aufhauser argued that there were deep parallels not just between planters’ tools and those advocated by scientific managers, but also about the power relations they reflected. He wrote, “As far as discipline at the workplace goes, . . . the master-slave relationship is quite similar to the capitalist-wage-laborer relationship in scientifically managed enterprises.” Two decades after Aufhauser, historian Mark Smith would again describe aspects of plantation management that looked strikingly like scientific management. Smith focused on the role of time discipline on the plantation, pointing to the widespread use of clocks to assess how much labor the enslaved could perform.

Despite this research and more, the parallels between present-day business management practices and slavery have been persistently neglected in mainstream discussions about the history of U.S. enterprise. So much so that in 2003 management professor Bill Cooke argued that the failure of management scholars to account for this history amounted to “denial.” Cooke wrote that information about slaveholding business practices was widely available in published sources and thus had been willfully overlooked.

In some cases, the evidence for slavery can be literally read between the lines. Take the example of Gantt, whose task and bonus system so closely paralleled the one used by some slaveholders. Gantt is still sometimes profiled in modern management textbooks and web guides. In a phrase copied between them so frequently that it is hard to be sure of its original author, Gantt is said to have been born to a family of prosperous farmers in Maryland, but that “his early years were marked by some deprivation as the Civil War brought about changes to the family fortunes.” Those “changes,” so easily elided, were wrought by the more than sixty enslaved people who escaped from the plantation and took their freedom. The legacy of slavery is simultaneously acknowledged and erased.

To move beyond denial requires not only an acknowledgment that slaveholders practiced a kind of scientific management but also a broader rethinking of deep-seated assumptions about the relationship between capitalism and control. Though there are many exceptions, histories of business practices—at least those that reach a general audience—tend to be both individual and social success stories. They tell stories that are win-win, with businesspeople earning profits and customers, laborers, and communities benefiting along the way. This can, of course, be true. The shift from seeing trade as zero-sum to positive-sum was one of the most important transitions underpinning the rise of capitalism. But capitalism does not make this win-win inevitable.

Growing the pie brings no guarantee about how it will be divided. The sharing of rewards depends on how the rules are written or, differently put, on how markets are regulated. Slavery shows how one particular set of rules enabled precise management but paired its efficiencies with horrifying costs. Slavery also illustrates how certain kinds of market expansion—allowing lives to be bonded in labor and sold—can produce radical inequality. Economic growth can accompany the expansion of freedom and opportunity. But, as in the case of slavery, the expansion of market freedoms for a few can depend on the limitation of all kinds of freedoms for others. Growth can accompany choice, but it can also build on violence and injustice.

Certain kinds of management flourish when managers enjoy a very high level of control over their workers. The rise of scientific management in the late nineteenth century should be seen both as a moment of innovation and as the reemergence of old technologies of control. With the closing of the frontier, workers had fewer opportunities to leave the factory to return to the land. With immigration and rising inequality, manufacturers enjoyed access to a plentiful labor supply. The age of trust and monopoly limited outside options, and collusion meant that even when workers could legally go elsewhere, the circumstances were not necessarily better. Only in circumstances such as these did it make sense for managers such as Taylor to attempt to calculate “what fraction of a horse power a man power is,” with the expectation that this maximum rate of work could be acquired for an hourly wage, or perhaps a wage and a “bonus.”

Modern narratives of capitalist development often emphasize the positive-sum outcomes of many individual choices. They suggest that free, even selfish, decisions go hand in hand with growth and innovation. They often assume that vast wealth accumulated by a few accompanies improved circumstances for many. The history of slavery’s capitalism warns against all these expectations. My new book, Accounting for Slavery, as well as work by historians such as Daina Ramey Berry and Calvin Schermerhorn, shows that slavery in the eighteenth and nineteenth centuries was highly adaptable to the pursuit of profit. Free markets for slaveholders flourished, and their control over men, women, and children expedited production, both by pushing up the pace of labor and by transporting it to new, more fertile soils. Slaveholders’ manipulation of human capital compounded it into massive fortunes—both through financial maneuvering and through human reproduction.

When Harvard Business Review marked its ninetieth anniversary in 2012, Taylor made it into all three featured essays, offering an inspirational point of reference for the ability of managers to transform the broader economy. The business history of plantation slavery offers a very different point of reference—a cautionary tale that warns us what profit-seeking can look like when everything, including lives, is up for sale. The heritage of U.S. business includes both stories of innovation and those of extreme violence. Often the two are deeply intertwined. This was true in specific ways for scientific management, and it was undeniable for plantation slavery. Reckoning with these uncomfortable histories can help us to see the deep connections between capitalism and control and, perhaps, even to find a more humane way forward."
taylorism  management  slavery  unschooling  deschooling  schooliness  schooling  2018  caitlinrosenthal  economics  injustice  socialjustice  scientificmanagement  henrylaurencegantt  scheduling  motivation  keithaufhauser  ulrichbonnellphillips  danieljosephsingal  control  hierarchy  tasks  capitalism  dainarameyberry  calvinschermerhorn  markets  growth  frederickwinslowtaylor 
yesterday by robertogreco
Anatomy of an AI System
A tour de force exploration of the extractive and exploitative nature of our current era of technology: “A brief command and a response is the most common form of engagement with this consumer voice-enabled AI device. But in this fleeting moment of interaction, a vast matrix of capacities is invoked: interlaced chains of resource extraction, human labor and algorithmic processing across networks of mining, logistics, distribution, prediction and optimization. The scale of this system is almost beyond human imagining. How can we begin to see it, to grasp its immensity and complexity as a connected form? We start with an outline: an exploded view of a planetary system across three stages of birth, life and death, accompanied by an essay in 21 parts. Together, this becomes an anatomical map of a single AI system.”
environment  capitalism  amazon  alexa  ai 
yesterday by joshclark
The Billion-Dollar Mystery Man and the Wildest Party Vegas Ever Saw - WSJ
The great gatsby 2018

Mr. Low’s purported scheme involved the purchase of storied companies, friendships with the world’s most celebrated people, trysts with extraordinarily beautiful women, and even a visit to the White House—most of all, it involved an extraordinary and complex manipulation of global finance. The FBI is still attempting to unravel exactly what occurred. Billions of dollars in Malaysian government money, raised with the help of Goldman Sachs, is believed to have disappeared into a Byzantine labyrinth of bank accounts, offshore companies, and other complex financial structures. Tim Leissner, who left Goldman in 2016, is now in plea-deal talks with U.S. authorities. Goldman has said it had no way of knowing there might be fraud surrounding the Malaysian government funds.
money  crime  corruption  capitalism 
2 days ago by craniac
If the Czech economy is thriving, why are we so poor? | Saša Uhlová | Opinion | The Guardian
The transition from state socialism to capitalism has created deep feelings of injustice among those in manual jobs
socialwelfare  decline  employment  exploitation  capitalism  personalaccount  CzechRepublic  Guardian  2018 
3 days ago by inspiral

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