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Reclaiming the Radical Imagination: Challenging Casino Capitalism’s Punishing Factories January 13, 2014

Posted by sandyclaus in Occupy, Politics, Security, Security State, Shadow Economy.
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Chris Hedges is right when he argues that \”any state that has the capacity to monitor all its citizenry, any state that has the ability to snuff out factual public debate through [the] control of information, any state that has the tools to instantly shut down all dissent is totalitarian.\” [7]  While Hedges is aware that this disciplinary culture of fear and repression is rooted in a political economy that treats people as objects and makes the accumulation of capital the subjects of history, he underestimates one important element of the new authoritarianism produced by casino capitalism. That is, what is novel about existing registers of discipline and control is that they operate in a new historical conjuncture in which the relationship among political power, cultural institutions and everyday life has become more powerful and intense in the ability to undermine the radical imagination and the power and capacities of individuals to resist repression and make the crucial decisions necessary to take control over the forces that shape their lives.

via Reclaiming the Radical Imagination: Challenging Casino Capitalism’s Punishing Factories.

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In History Departments, It’s Up With Capitalism – NYTimes.com April 26, 2013

Posted by sandyclaus in Politics, Shadow Economy.
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Even before the financial crisis, courses in “the history of capitalism” — as the new discipline bills itself — began proliferating on campuses, along with dissertations on once deeply unsexy topics like insurance, banking and regulation. The events of 2008 and their long aftermath have given urgency to the scholarly realization that it really is the economy, stupid.

via In History Departments, It’s Up With Capitalism – NYTimes.com.

The Economist explains: How does Bitcoin work? | The Economist April 12, 2013

Posted by sandyclaus in Shadow Economy.
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BITCOIN, the world’s “first decentralised digital currency”, was launched in 2009 by a mysterious person or persons known only by the pseudonym Satoshi Nakamoto. It has been in the news this week as the value of an individual Bitcoin, which was just $20 at the beginning of February, hit record highs above $250, before falling abruptly to below $150 on April 11th. What exactly is Bitcoin, and how does it work?

via The Economist explains: How does Bitcoin work? | The Economist.

Coinlab – 153.42218 April 11, 2013

Posted by sandyclaus in Geek Culture, Shadow Economy.
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Your Gateway to the Bitcoin Markets

Whether you are a savvy investor, Bitcoin merchant, or crypto-hobbyist, trading Bitcoin in the US and Canada is about to get faster, easier, and even more secure.

Mt. Gox, the largest Bitcoin exchange in the world, and CoinLab are joining together to provide US and Canadian customers with a new exchange platform specifically catered to this market’s unique needs.

By streamlining our customer service and AML processes, simplifying banking deposits and withdrawals, and offering expertise in secure Bitcoin practices, it will be easier than ever for businesses and individuals to trade, save, and transact in Bitcoin.

via Coinlab – 153.42218.

As Big Investors Emerge, Bitcoin Gets Ready for Its Close-Up – NYTimes.com April 11, 2013

Posted by sandyclaus in Futurist, Shadow Economy.
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An array of speculators have now bid up the price of the bitcoin to the point where the outstanding supply of the digital money was worth $1.3 billion at last count. The Winklevii — as they are popularly known — say they own nearly 1 percent of that, or some $11 million.

via As Big Investors Emerge, Bitcoin Gets Ready for Its Close-Up – NYTimes.com.