A different kind of "blog," consisting of selections from my scribblings over many years. The date of each post is the date I originally wrote that piece. So, the top post is usually not the latest post, because I continually add writings from different years to the blog. If you have visited here before, you are likely to find new posts anywhere on the page. I'll continue to add "new" posts as my time allows.
10 December 1993
The diremption between finance and economics
The capitalist ruling class looks at the world from a perspective of
dollars and cents, whereas the real world runs according to a different logic. While they run around trying to calculate how
much everything is worth, the real values of thing slip through their fingers. This is not just in a subjective, say, “artistic”
or “moral,” sense, but rather it is the case that the diremption is at the same
time objectifying itself as the apparent contradiction between a prospering financial
system and a receding economy.
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