3 Matching Annotations
- Jan 2024
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docdrop.org docdrop.org
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is maximum returns really what we insist upon if that is the force that's driving our fragility and ecological crisis
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for: key question - maximizing returns
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key question
- quote: Marjorie Kelly
- Is maximizing returns really what we insist upon if that is the force that's driving our fragility and ecological crisis?
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I close the book by saying, we don't start by asking, is transformation possible? We start by asking, is it necessary?
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for: quote - transformation
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quote: Marjorie Kelly
- We don't start by asking: Is transformation possible? We start by asking: Is it necessary?
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we're not in the economy of the 1950s anymore. And we act as though we are, that finance is this productive force and it's building, it's building wealth. Well, for the most part, it's not. It's, there's so much financialization, so many financial assets, that they've become an extractive force. And a big piece of this 00:06:37 is that we're not really distinguishing between productive investments and speculative investments
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for: quote - Marjorie Kelly, quote - finacialization, progress trap - financialization, progress trap - capitalism, speculative investing
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quote: Marjorie Kelly
- we're not in the economy of the 1950s anymore.
- And we act as though we are, that finance is this productive force and it's building, it's building wealth.
- Well, for the most part, it's not.
- There's so much financialization, so many financial assets, that they've become an extractive force.
- And a big piece of this is that we're not really distinguishing between
- productive investments and
- speculative investments
- And a big piece of this is that we're not really distinguishing between
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Tags
- speculative investment
- progress trap - speculative investing
- quote - wealth maximization
- key question - Is maximizing returns sustainable?
- speculative investing
- progress trap - financialization
- quote - financialization
- productive investment
- progress trap - capitalism
- quote - transformation
- quote - Marjorie Kelly
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