There’s no real conclusion here except that I don’t think investors really get technology. They don’t understand truly good and new things and how powerful they are. They think innovation is a word on a mug and a thing discussed in conferences at the Marriott. This is the bizarre thing about Apple, the only people that really get it are it’s customers.
Secret and Lies of the Bailout
So what did bailout officials do? They put together a proposal full of even bigger deceptions to get it past Congress a second time.
The Moral Limits of Markets
Almost without realizing it, we have drifted from having market economies to becoming market societies. The difference is this: A market economy is a tool – a valuable and effective tool – for organizing productive activity. A market society, by contrast, is a place where almost everything is up for sale. It is a way of life in which market values seep into social relations and govern every domain.
Dissatisfaction City
The spectacle of wealth does not merely enforce consumptive conformity, but also promotes consumption through disinhibition. It plays not merely a coercive role, but also a disinhibitory one by invoking the social magic of costume parties.
Eight Corporate Subsidies in the Fiscal Cliff Bill
Most tax credits drop straight to the bottom line – it’s why companies like Enron considered its tax compliance section a “profit center”. A few hundred billion dollars of tax expenditures is a major carrot to offer.
