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Forwarded from Shubh
" . . . The problem with nostalgia — in a culpable sense — is that it makes us over-rate the past. The problem we have got is the over-rating of the present, and under-rating our own dissatisfaction with it."

Mark Fisher, from "The Slow Cancellation of The Future"
The Goopist
https://youtu.be/T35PuzmTiYo
Black Flag India’s video on the 1991 liberalization.

Provides a great summary of the event and sources for further reading.

#Economics #India #globalization #capitalism
Forwarded from Lacan's Whore House (Butterfluff Snepyeen)
The Goopist
https://static1.squarespace.com/static/58894b38ebbd1a2ab75adbe2/t/588cd57dd482e988fc008e79/1485624704579/Lewis-Powell-Memo.pdf
Written by Lewis Powell in august 1971, 2 months before he became a USA Supreme Court Justice.

the confidential memo to the US chamber of commerce declares -

"American economic system is under broad attack. . . . Business must learn the lesson . . . that political power is necessary; that such power must be assiduously cultivated; and that when necessary, it must be used aggressively and with determination "
11-1276-the-future-of-computer-trading-in-financial-markets.pdf
1 MB
Linton, Oliver & Hara, Maureen & Zigrand, Jean-Pierre & Cliff, Dave & Hendershott, Terrence. (2011). The Future of Computer Trading in Financial Markets.

#automation #finance #technology
The Goopist
11-1276-the-future-of-computer-trading-in-financial-markets.pdf
>be prole
>all life dependent on money
>work all day to maximise the profit of some or the other entity
>a whole ecosystem of such entities
>market.png

>market is run according to capital
>capital is observed through stock market
>line go up, line go down

>stock markets all run by algorithms
>"high frequency trading"
>algorithms calculating each and every event to best predict market forces and make money
>feedback loop of self correction

>all life guided by whims of self propogating algorithms

>skynet who?
Capital_Reporter_How_profit_and_principl.pdf
350.9 KB
Kaushik, K., "Capital Reporter", The Caravan, 01/12/2014.

"How profit and principle shaped the journalism of Shekhar Gupta"

long but worthwhile read on the rise of the founding editor of The Print.

#media #news #elite
Forwarded from To the left and beyond (gaydition) (Mateo)