All tagged Economics

The Black Swan

Until the 19th century, people were convinced that all swans were white, an unassailable belief derived from millennia of confirmatory sightings of white swans…. Then boom! There comes the discovery of mutant black swans in Australia.

The Age of Surveillance Capitalism by Shoshana Zuboff

Shoshana Zuboff provides a shockingly harrowing glimpse into the surveillance economy we are in, how surveillance capitalism and its rapidly accumulating power exceed the historical norms of capitalist ambitions, claiming dominion over human, societal, and political territories that range far beyond the conventional institutional terrain of the private firm or market; and how we the people can reverse this course, first by identifying the unprecedented, then by mobilizing new forms of collaborative action.

Austerity: The History of a Dangerous Idea by Mark Blyth

Today, the European financial-cum-debt crisis rolls on from summit meeting to summit meeting, where German ideals of fiscal prudence clash with Spanish unemployment at 25 percent and a Greek state is slashing itself to insolvency and mass poverty while being given ever-more loans to do so. In the US, those problems take the form of sclerotic private sector growth, persistent unemployment, a hollowing out of middle-class opportunities, and a gridlocked state. What they have in common is their supposed cure: austerity.