“The probability that two randomly selected firms in the same industry from the S&P 1500 have a common shareholder with at least 5% stakes in both firms increased from less than 20% in 1999 to around 90% in 2014.” – Socialize Finance | Jacobin
“Anxiety is one of the key drivers of the curatorial impulse in capitalist society and culture—an anxiety to ensure things are valuable and in turn to define them as somehow productive or useful… In a time in which information, population and ambition continue to accelerate unmanageably, there is an attendant desire to control, contain, organize and, as a result, make elaborate, fretful ontological claims.” – The Creation, and Re-creation, of the Curator
“The big city mayor (in a high-income country) has become the high priest of a new, weightless, post-national cosmopolitan capitalism – Boris Johnson and Michael Bloomberg have been its prime embodiments.” – How to build a fairer city
“The global obsession of our age is competing everywhere with everyone for everything. In the mainstream imaginary, every city has to chase competitive success in a league table where it secures prosperity by getting ahead of others.
Our premise is that competition is the wrong kind of imaginary; that we are trapped by an idea of the externally competitive city as a basis for economic success. The content and meaning of that success then goes largely unexamined until somebody notices that prosperity is manifestly failing to trickle down and the tax system actually reinforces income inequality.” – How to build a fairer city
“Accelerationism is the name of a contemporary political heresy: the insistence that the only radical political response to capitalism is not to protest, disrupt, critique, or détourne it, but to accelerate and exacerbate its uprooting, alienating, decoding, abstractive tendencies.” – http://ift.tt/OfYCry