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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. 11" X 14" Second Edition Screenprint on High Quality Card Stock. This machine kills fascists mailbox mike shine bright. 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. 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. But Deutschebank can't force businesses to take out loans, and they hew to the banker's adage that one should never loan money to people who need it. 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. "
This is a thesis he elaborates on in a forthcoming book called Another Now, which comes out in October. The left has theorized a postcapitalist world based on a more fair and humane system of allocations, but that's not this postcapitalist system. This day in history: 2005, 2015. 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). Friday's progress: 523 words (52643 total). 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 USPS Machine Kills Fascists (permalink). You can read the prologue on Jo Walton's charitable fundraiser The Decameron Project. Colophon: Recent publications, upcoming appearances, current writing projects, current reading. 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. Mike Shine | This Machine Kills Fascists (Second Edition Screenprint)Regular price $100. This machine kills fascists mailbox mike shinee. Due to the lack of capital in the rest of the economy, there are no consumers who can afford to buy their products and services. How is the financial economy so thoroughly decoupled from the real economy? Get a personalized, signed copy here: Upcoming books: - "Attack Surface": The third Little Brother book, Oct 20, 2020.
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. Currently reading: Twilight of Democracy, Anne Applebaum. 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. 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. To realize a better postcapitalist future – a global GND future that rescues our planet and species and civilization – Varoufakis says we have to eliminate both the market for shares and the market for labor. Currently writing: - My next novel, "The Lost Cause, " a post-GND novel about truth and reconciliation. 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%. Rather, these bull markets are rising on news of crashing productivity and ever-lower profitability, news that buyers of the products and services these firms sell have less money to spend than ever. This work licensed under a Creative Commons Attribution 4. 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. That same day, the SP500 hit an all-time high. 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.
As Varoufakis writes, this isn't the usual bull market in cruelty, when share prices rise on news of layoffs as investors calculate that lower wage-bills might lead to higher dividends. 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). 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. The zombie-company postcapitalism repeats all the sins of capitalism, but faster and at higher magnitudes.
So the businesses that are struggling and so might spend in ways that preserve jobs and firms are disqualified from loans. "Poesy the Monster Slayer" a picture book about monsters, bedtime, gender, and kicking ass. Varoufakis offers an explanation based on performance of the post-2008 bailout market, when the finance and real economies diverged so widely that their decoupling was undeniable. 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. 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 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. Now, Tim Doyle has entered the fray with another striking image, available as an art-print or stickers (both ship with books of stamps). He's also giving away his hi-rez files: Zombie postcapitalism (permalink). 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. 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? These borrowers have no productive use for the loans, though. It's socialism for the very, very rich, and brutal austerity for the rest. Please exercise caution.
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