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Showing posts with the label "finance capitalism"

Who Owns London?

London: Life support system of the super-rich Alpha City:  How London Was Captured by the Super-rich How the super-wealthy took over London
A good analysis, but with a disappointment. Bellamy speaks of the "periphery" and "weak link", but has not touched at all on a major series of recent uprisings which have taken place in "the periphery". The US, Britain, Russia, France with their allies like the Saudi monarchy and the UAE have played a major role in the counter-revolution of aborting or diverting the uprisings (or "revolution") in the Arab countries. The only mention of counterrevolution was half a sentence about the "Islamic State" as a product of geopolitics. Revolution and counterevolution - 1917-2017
" [Y]ou don’t bring about major political change simply by changing people’s minds. It’s their interests that need to be assailed, not their opinions. " Universities can’t get critical leverage in a situation of which they have become an integrated part, any more than a Picasso hanging in the lobby of the Chemical Bank can make an implicit comment on finance capitalism. By and large, academic institutions have shifted from being the accusers of corporate capitalism to being its accomplices. They are intellectual Tescos, churning out a commodity known as graduates rather than greengroceries." — Terry Eagleton Terry Eagleton was forced to retire from his post as John Edward Taylor Professor of English Literature at Manchester University in July 2008 Death of the intellectual