Cancellation of Illegitmate Debts Instead of Bailout Umbrellas for Financiers (tags)
The inflation of public indebtedness was an essential element for the enhanced power of financial capital. That inflation was a result of a conscious under-financing of the state and is a lever to enforce an austerity policy. Financialization intensified the pressure to precariousness.
Cloud-sourcing and Cloud-working: Brave New World of Work (tags)
"Nothing is more absurd than to try to enforce capitalist property relations within the expanse of the World Wide Web.. In the ideal case, the competing persons in the asocial networks should become part of a `cloud' of living workers.."
Fear of Crash: Book Review (tags)
In "Crisis without Resistance," Werner Seppmann analyzes the "intimidation offensive of capital." "The attack on the living standards of wage-earners becomes an essential component of capital accumulation." Fear of falling is a reason for defensive conduct of crisis victims.