This Machine Kills Fascists Mailbox Mike Shine A Light

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. 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: -. Mike Shine | This Machine Kills Fascists (Second Edition Screenprint)Regular price $100. "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.

Friday's progress: 523 words (52643 total). This day in history: 2005, 2015. 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. 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. The left has theorized a postcapitalist world based on a more fair and humane system of allocations, but that's not this postcapitalist system. 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. 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. The zombie-company postcapitalism repeats all the sins of capitalism, but faster and at higher magnitudes.

This USPS Machine Kills Fascists (permalink). 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%. This USPS Machine Kills Fascists: If Woody was a postie. You can read the prologue on Jo Walton's charitable fundraiser The Decameron Project. How is the financial economy so thoroughly decoupled from the real economy? 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. 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). 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? It's socialism for the very, very rich, and brutal austerity for the rest. Zombie postcapitalism: What it means for the finance economy to decouple from the productive economy. 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. " 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). 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.

Please exercise caution. 11" X 14" Second Edition Screenprint on High Quality Card Stock. 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. 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. How to get Pluralistic: Blog (no ads, tracking, or data-collection): Newsletter (no ads, tracking, or data-collection): Mastodon (no ads, tracking, or data-collection): Twitter (mass-scale, unrestricted, third-party surveillance and advertising): Tumblr (mass-scale, unrestricted, third-party surveillance and advertising): When life gives you SARS, you make sarsaparilla -Joey "Accordion Guy" DeVilla. 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. 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).

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. That same day, the SP500 hit an all-time high. 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. Colophon: Recent publications, upcoming appearances, current writing projects, current reading. So the businesses that are struggling and so might spend in ways that preserve jobs and firms are disqualified from loans. 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. "Poesy the Monster Slayer" a picture book about monsters, bedtime, gender, and kicking ass. 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. The image was so striking that it inspired illustrators to create stylized versions of it, like Mike Shine's gorgeous woodcut-style image. He's also giving away his hi-rez files: Zombie postcapitalism (permalink). These borrowers have no productive use for the loans, though. 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.