- Oct 2024
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www.carnegie.org www.carnegie.org
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Thus is the problem of Rich and Poor to be solved. The laws of accumulation will be left free; the laws of distribution free. Individualism will continue, but the millionaire will be but a trustee for the poor; intrusted for a season with a great part of the increased wealth of the community, but administering it for the community far better than it could or would have done for itself.
for - quote / critique / question - Thus is the problem of Rich and Poor to be solved. The laws of accumulation will be left free; the laws of distribution free. Individualism will continue, but the millionaire will be but a trustee for the poor; intrusted for a season with a great part of the increased wealth of the community, but administering it for the community far better than it could or would have done for itself. - The Gospel of Wealth - Andrew Carnegie
quote / critique / question - Thus is the problem of Rich and Poor to be solved. The laws of accumulation will be left free; the laws of distribution free. Individualism will continue, but the millionaire will be but a trustee for the poor; intrusted for a season with a great part of the increased wealth of the community, but administering it for the community far better than it could or would have done for itself. - The Gospel of Wealth - Andrew Carnegie - The problem with this reasoning is that it is circular - By rewarding oneself an extreme and unfettered amount of wealth for one's entrepreneurship skills creates inequality in the first place - Competition that destroys other corporations ends up reducing jobs - At the end of life, the rich entrepreneur desires to give back to society the wealth that (s)he originally stole - If one had reasonable amounts of rewarding innovation instead of unreasonable amounts, the problem of inequality can be largely mitigated in the first place whilst still recognizing and rewarding individual effort and ingenuity
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- Jan 2023
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thebaffler.com thebaffler.com
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But in the new full-blown capitalist version of evolution, where the drive for accumulation had no limits, life was no longer an end in itself, but a mere instrument for the propagation of DNA sequences—and so the very existence of play was something of a scandal.
Could refuting the idea of accumulation without limits (and thus capitalism for capitalism's sake) help give humans more focus on what is useful/valuable?
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- Aug 2022
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a16zcrypto.com a16zcrypto.com
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From the DAO’s perspective, the attacker’s anonymous accounts could contribute to the appearance of a healthy level of decentralized voting power
perverted participation
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- Nov 2021
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scholars.wlu.ca scholars.wlu.ca
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This paper examines the changes in the fashion industry due to the evolution of fast fashion as a result of globalization. Using a global assembly line, fast fashion has increased production speed to match the rapid appearance of new trends while simultaneously lowering prices. As a result, customers purchase more and more products, enabling the fast-fashion industry to grow even larger.
The purpose of this essay is to point out the changes there has been in the fashion industry due to fast-fashion's incredible growth, rise and evolution into the world caused by globalization. By being part of the global assembly line it is necessary to have a fast production rate and a low cost rate. By saying that this response by the fashion industry towards the market in order to accommodate demand causes more people to buy and to buy is an attempt by the author to relate to its audience and grasp its attention. If they can relate to what is being said, of course. However Victoria Ledezma isn't truly successful at reaching the audience until she mentions that we are the cause for the fast-fashion industry's continued rapid growth.
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- Feb 2021
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nplusonemag.com nplusonemag.com
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cultural capital
Introduced by Pierre Bourdieu in the 1970s, the concept has been utilized across a wide spectrum of contemporary sociological research. Cultural capital refers to ‘knowledge’ or ‘skills’ in the broadest sense. Thus, on the production side, cultural capital consists of knowledge about comportment (e.g., what are considered to be the right kinds of professional dress and attitude) and knowledge associated with educational achievement (e.g., rhetorical ability). On the consumption side, cultural capital consists of capacities for discernment or ‘taste’, e.g., the ability to appreciate fine art or fine wine—here, in other words, cultural capital refers to ‘social status acquired through the ability to make cultural distinctions,’ to the ability to recognize and discriminate between the often-subtle categories and signifiers of a highly articulated cultural code. I'm quoting here from (and also heavily paraphrasing) Scott Lash, ‘Pierre Bourdieu: Cultural Economy and Social Change’, in this reader.
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- Sep 2020
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Spiegelhalter, D. (2020). Use of “normal” risk to improve understanding of dangers of covid-19. BMJ, 370. https://doi.org/10.1136/bmj.m3259
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- Jul 2020
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He, Z., Nagel, S., & Song, Z. (2020). Treasury Inconvenience Yields during the COVID-19 Crisis (Working Paper No. 27416; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w27416
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- May 2020
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Pinto, S. F., & Ferreira, R. S. (2020). Analyzing course programmes using complex networks. ArXiv:2005.00906 [Physics]. http://arxiv.org/abs/2005.00906
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- Apr 2020
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accessmedicine.mhmedical.com accessmedicine.mhmedical.com
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The final stages of this sequence are caused by blood accumulation that forces the temporal lobe medially, with resultant compression of the third cranial nerve and eventually the brain stem.
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- Feb 2017
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www.csicop.org www.csicop.org
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Progress can be measured by the accumulation of a solid, verifiable body of knowledge with a very high probability of being correct
"Now, to apply this observation: a botanist, in traversing the fields, lights on a particular plant, which appears to be of a species he is not ac-quainted with. The flower, he observes, is mono-petalous, and the number of flowers it carries is seven. Here are two facts that occur to his ob-servation; let us consider in what way he wiIJ be disposed to argue from them: From the first he does not hesitate to conclude, not only as prob-able, but as certain, that this individual, and all of the same species, invariably produce mono-petalous ftowers. From the second, he by no means concludes, as either certain, or even prob-able, that the flowers which either this plant, or others of the same species, carry at once, will al-ways be seven. This difference, to a superficial inquirer, might seem capricious, since there ap-pears to be one example, and but one in either case, on which the conclusion can be founded. The truth is, that it is not from this example only that he deduces these inferences. Had he never heretofore taken the smallest notice of any plant, ..) he could not have reasoned at all from these re-f marks. The mind recurs instantly from the un-1 known to all the other known species of the same :t' genus, and thence to all the known genera of the same order of tribe; and having experienced in the one instance, a regularity in every species, genus, and tribe, which admits no exception; in the other a variety as boundless as that of season, soil, and culture, it learns hence to mark the dif-1,\ ference." Campbell 917
Conspiracy theorists do the first step of Campbell's botanist, but not the second.
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- Feb 2014
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www.justinhughes.net www.justinhughes.net
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The breakthrough patent that produces a Polaroid company is more the exception than the rule. The rule is the modestly successful novelist, the minor [*292] poet, and the university researcher -- all of whom may profit by licensing or selling their creations.
Breakthrough patent of Polaroid (the exception) vs modestly successful novelist (the more common case)
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In the final analysis, intellectual property shares much of the origins and orientation of all forms of property. At the same time, however, it is a more neutral institution than other forms of property: its limited scope and duration tend to prevent the very accumulation of wealth that Burke championed.
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