version
Well-known member
Did you read the article?
high finance and its malcontents, occult fantasies
- Thread starter tht
- Start date
Did you read the article?
mixed_biscuits
_________________________
No, what does it say?
mixed_biscuits
_________________________
Wouldn't Marx want the bankers to get rewarded commensurately with their impact?
Marx
Marx
version
Well-known member
It says banks have been paying higher salaries to make up for lower bonuses, also that higher salaries are tougher to reduce in the event of things like poor performance.
The thing is, if that's true, surely it introduces some caution on the part of the banks? A reversion to a limitless bonus system seems as though it'll encourage the same recklessness that prompted its being dropped in the first place. Apparently some people were being handed bonuses of five, six times their salary.
Someone quoted claims there are new rules to keep tighter control this time around, but the industry's already proven itself untrustworthy and the rules seem as though they're only really there so individual banks can hang onto a bit more money.
version
Well-known member
Berardi tracing the line from Haitian zombie to Foxconn employee:
Zombies
Suicide was seen as the only way out by the slaves of Haiti’s plantations, who killed themselves by the thousand, in spite of the fact that, in so doing, they faced what they believed to be the prospect of spending eternity incarnated as a living zombie.
In an article published in the New York Times, Amy Wilentz explains the story behind the mythology of the zombie:
For the slave under French rule in Haiti – then Saint-Domingue – in the 17th and 18th centuries, life was brutal: hunger, extreme overwork and cruel discipline were the rule . . . The only escape from the sugar plantations was death, which was seen as a return to Africa, or lan guinée (literally Guinea, or West Africa). This is the phrase in Haitian Creole that even now means heaven. The plantation meant a life in servitude; lan guinée meant freedom. Death was feared but also wished for. Not surprisingly, suicide was a frequent recourse of the slaves, who were handy with poisons and powders. The plantation masters thought of suicide as the worst kind of thievery, since it deprived the master not only of a slave’s service, but also of his or her person, which was, after all, the master’s property. Suicide was the slave’s only way to take control over his or her own body.
For the slave only death opens the way to freedom and makes possible a return to the homeland which is beyond the Ocean. The black Ocean of death is the gate of the bright paradise lost. But not everybody will be able to go back home, many will get lost and become zombies. This was the scarecrow keeping slaves from killing themselves.
According to anthropologist and ethno-botanist Wade Davis, a living person can be turned into a zombie by the inoculation into their blood stream of two types of powder, both available in Haiti: tetrodotoxin, a powerful neurotoxin that can be found in the flesh of the puffer fish, and datura, a dissociative drug. Davis wrote two books on this subject: The Serpent and the Rainbow (1985) and Passage of Darkness: The Ethnobiology of the Haitian Zombie (1988). It is not surprising that the myth of the zombie has returned to play a prominent role in the contemporary imagination, and particularly in Western popular culture and cinema.
In China, in an attempt to discourage the factory’s young workers from committing suicide, Foxconn will no longer pay compensation to the families of employees who kill themselves. According to spokespeople at the Shenzhen complex, the company had ‘concrete evidence’ that some of its employees killed themselves in order to win compensation money for their families. Some victims’ families have received more than 100,000 yuan ($14,640), according to the press agency Xinhua.
'The act is wrong. Life is precious. To prevent such tragedies, Foxconn is to cease releasing compensation other than that provided by law’, reads the official communiqué of the management. Don’t forget: life is precious.
Like the plantation masters of Haiti, the Foxconn management regard suicide as the worst kind of thievery. Their response is to create new zombies, through the spectre of death without compensation.
Zombies
Suicide was seen as the only way out by the slaves of Haiti’s plantations, who killed themselves by the thousand, in spite of the fact that, in so doing, they faced what they believed to be the prospect of spending eternity incarnated as a living zombie.
In an article published in the New York Times, Amy Wilentz explains the story behind the mythology of the zombie:
For the slave under French rule in Haiti – then Saint-Domingue – in the 17th and 18th centuries, life was brutal: hunger, extreme overwork and cruel discipline were the rule . . . The only escape from the sugar plantations was death, which was seen as a return to Africa, or lan guinée (literally Guinea, or West Africa). This is the phrase in Haitian Creole that even now means heaven. The plantation meant a life in servitude; lan guinée meant freedom. Death was feared but also wished for. Not surprisingly, suicide was a frequent recourse of the slaves, who were handy with poisons and powders. The plantation masters thought of suicide as the worst kind of thievery, since it deprived the master not only of a slave’s service, but also of his or her person, which was, after all, the master’s property. Suicide was the slave’s only way to take control over his or her own body.
For the slave only death opens the way to freedom and makes possible a return to the homeland which is beyond the Ocean. The black Ocean of death is the gate of the bright paradise lost. But not everybody will be able to go back home, many will get lost and become zombies. This was the scarecrow keeping slaves from killing themselves.
According to anthropologist and ethno-botanist Wade Davis, a living person can be turned into a zombie by the inoculation into their blood stream of two types of powder, both available in Haiti: tetrodotoxin, a powerful neurotoxin that can be found in the flesh of the puffer fish, and datura, a dissociative drug. Davis wrote two books on this subject: The Serpent and the Rainbow (1985) and Passage of Darkness: The Ethnobiology of the Haitian Zombie (1988). It is not surprising that the myth of the zombie has returned to play a prominent role in the contemporary imagination, and particularly in Western popular culture and cinema.
In China, in an attempt to discourage the factory’s young workers from committing suicide, Foxconn will no longer pay compensation to the families of employees who kill themselves. According to spokespeople at the Shenzhen complex, the company had ‘concrete evidence’ that some of its employees killed themselves in order to win compensation money for their families. Some victims’ families have received more than 100,000 yuan ($14,640), according to the press agency Xinhua.
'The act is wrong. Life is precious. To prevent such tragedies, Foxconn is to cease releasing compensation other than that provided by law’, reads the official communiqué of the management. Don’t forget: life is precious.
Like the plantation masters of Haiti, the Foxconn management regard suicide as the worst kind of thievery. Their response is to create new zombies, through the spectre of death without compensation.
kid charlemagne
Well-known member
the term "crypto fascist" was coined to give crypto currency a negative connotation to leftists. but i, as a leftist, aim to change this view. leftists need to be better at money management if they want revolution. cyrpto is important. bitcoin is a revolution. everyone will own and exchange it one day