Colophon: Recent publications, upcoming appearances, current writing projects, current reading. Here's how that works: - The European Central Bank gives a bunch of free money to Deutschebank in the hopes that they will lend it out to businesses who'll hire and invest in capital infrastructure. This is from a speech by Yanis Varoufakis entitled "Something remarkable just happened this August: How the pandemic has sped up the passage to postcapitalism, " which analyzes Aug 12's market conditions: UK GDP down 22%, FTSE100 up 2%. Latest podcast: Someone Comes to Town, Someone Leaves Town (part 13) Upcoming appearances: - Keynote for Law Via the Internet conference, Sept 22, -. Zombie postcapitalism: What it means for the finance economy to decouple from the productive economy. This is the process: Central banks make cheap loans to commercial banks, commercial banks make cheap loans to firms that don't need them, the firms spend that money on buybacks. Mike Shine | This Machine Kills Fascists (Second Edition Screenprint)Regular price $100. You can read the prologue on Jo Walton's charitable fundraiser The Decameron Project. Please exercise caution. Early in the current USPS skirmish, some clever wag got the brilliant idea of slapping one of Crimethinc's THIS MACHINE KILLS FASCISTS stickers on a USPS blue mailbox. This machine kills fascists mailbox mike shine bright. I've been engaged in a similar exercise since shortly before the plague started, working on my next novel, "The Lost Cause, " a post-GND utopian novel about truth and reconciliation with white nationalist militias and their plutocratic/neofeudal paymasters. "It was in the summer of 2020 when financial capitalism finally broke with the world of real people, including capitalists antiquated enough to try to profit from producing goods and services.
Get a personalized, signed copy here: Upcoming books: - "Attack Surface": The third Little Brother book, Oct 20, 2020. His artwork is inspired by carnival aesthetics and his own narrative about Dr. Flotsam, a clown character who represents the darker aspects of life, and was inspired by the legend of Faust and the fictional demon, Mephistopheles. This machine kills fascists mailbox mike shine. Currently writing: - My next novel, "The Lost Cause, " a post-GND novel about truth and reconciliation. This USPS Machine Kills Fascists: If Woody was a postie. The image was so striking that it inspired illustrators to create stylized versions of it, like Mike Shine's gorgeous woodcut-style image. So they use those loans for financial engineering: the autophagic stock buy-back, in which companies splurge on their own shares, driving the price of the remaining market shares up.
11" X 14" Second Edition Screenprint on High Quality Card Stock. 15yrsago Hunter S Thompson's ashes in fireworks display #15yrsago Locked-out CBC production staff podcasting and blogging #15yrsago Warner Music CEO calls for iPod taxes, levies — twirls moustache and cackles, clatters away on tiny, ebony hooves #5yrsago Boston's WGBH initiates careless, groundless legal action against Fedflix project #5yrsago Greece's creditors demand casino rights, archaeological sites, selloff of EUR50B of national assets Colophon (permalink). This is a thesis he elaborates on in a forthcoming book called Another Now, which comes out in October. That's why share prices rise on news of economic collapse, because economic collapse triggers new central banks loans to giant commercial banks, which triggers share rises through buybacks. Quotations and images are not included in this license; they are included either under a limitation or exception to copyright, or on the basis of a separate license. Writing the book has been an incredibly important form of self-care during the crisis, my daily hour in the first days of a better nation. This machine kills fascists mailbox mike shine a light. Friday's progress: 523 words (52643 total). Currently reading: Twilight of Democracy, Anne Applebaum. He's also giving away his hi-rez files: Zombie postcapitalism (permalink). So the businesses that are struggling and so might spend in ways that preserve jobs and firms are disqualified from loans. It's socialism for the very, very rich, and brutal austerity for the rest. The zombie-company postcapitalism repeats all the sins of capitalism, but faster and at higher magnitudes. And the zombification has a name: postcapitalism, a system where the value of firms is totally decoupled from whether anyone buys their products – where profitability and share price are decoupled.
DB's loans are on offer for very cheap, so firms that DON'T need them take them out, because when someone offers you money that cheaply, why wouldn't you take it? And you can follow the progress here: And here's a video of Varoufakis delivering his speech, with a fascinating Q&A;: This day in history (permalink). That same day, the SP500 hit an all-time high. This work licensed under a Creative Commons Attribution 4. It's a tribute to the slogan Woody Guthrie scrawled on his guitar, itself a tribute to the slogan on stickers once distributed to WWII defense plant workers to put on guns and tanks and the like. Writing into an Uncertain Future, Afterwords Festival, Oct 1, Latest book: - "Little Brother/Homeland": A reissue omnibus edition with a new introduction by Edward Snowden:; personalized/signed copies here: -. This day in history: 2005, 2015. As Varouvakis writes, this is the end point of the post-2008 zombification of the world's largest companies (whose execs are mostly paid in stock, and get richer every time the zombie devours a little more of itself through buybacks). It's an attempt to sketch out just such a future, to outrun the famous Jameson quote that "it is easier to imagine an end to the world than an end to capitalism.
That means you can use it any way you like, including commercially, provided that you attribute it to me, Cory Doctorow, and include a link to. The left has theorized a postcapitalist world based on a more fair and humane system of allocations, but that's not this postcapitalist system. Mike Shine's interests range from surfing to carnivals, and his dynamic approach to art making manifests as immersive installations, which he's created throughout the Bay Area at local museums, galleries, and even at his home in Bolinas, "The Shine Shack. "
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