March 6, 2013
"Many magazines have been funded by wealthy people who were willing to take moderate losses. (Thank you to all of you.) Or Conde Nast could suck money out of its newspapers to feed into its glorious magazine operations. Nevermind that back at the newspapers they kept people working for nothing at podunk papers that also happened to make crazy bank with their classified ads. Any time I imagine the glamorous world of writing for The Atlantic or The New Yorker or Harper’s in 1968 or 1978, I remember that most journalists were going to homecoming football games and writing about the king and queen. Most journalists were humping around the local garden show and talking about trends in petunia horticulture. Most journalists were doing things that no one really wanted to do, but they did it anyway for money and for a shot at the show which almost never came. I respect the hell out of those journalists working at those local papers. They were doing the stuff that, at least within certain empires, that let the magazine editors have lunch at Balthazar’s (or insert actual appropriate New York lunch spot)."

— A perspective from Alexis Madrigal’s response to the “y’all ain’t payin’ yer freelancers nothin’” kerfluffle.

March 5, 2013
"Time is a great equalizer. We all only have 24 hours in a day, and how we choose to spend it is largely dictated by the economic system we’re in. If we’re part of a hunter/gatherer society, anthropologists have observed that we spend about 20–30 hours a week in activities that could be classified as work and the rest of the time playing games, making music and hanging around the camp. In the feudal system during the European Middle Ages, the breakdown of hours worked as compared to hours spent doing other things was about the same. Now, in so-called advanced civilization, we are spending many more hours per week working for pay and fewer hours in recreational, social and spiritual pursuits. Why have we chosen these priorities in our society?"

— (Later in the same article.)

March 5, 2013
"At least twice in history, a form of money has existed where there was no incentive to accumulate it as a store of value because it didn’t earn positive interest in bank accounts. Instead, it had the equivalent of a negative interest rate (known as demurrage)—the longer you held on to it, the more you would have to pay—similar to a parking fee on money. This gave people who were paid in this currency a strong incentive to spend it or to invest it—preferably in things that would continue to be valuable over the long term. The velocity of this type of money, in other words, was quite high. Since people didn’t hoard it, it also was not scarce—there is strong evidence that its existence fostered long periods of prosperity in Dynastic Egypt and during the Central Middle Ages (10th-13th centuries) in Europe."

Utne Reader on local currencies.

February 26, 2013
"

Let’s remember this, okay? It’s important. The publisher’s customer is not the reader. Follow? The publisher’s customer is the retailer. Once the retailer orders the book, from the publisher’s standpoint, THAT IS THE SALE.

Those sales figures you see on icv2 or whatever? Those do not indicate the number of readers who pick up a book, they indicate the number of copies ordered by stores.

"

Kelly Sue Deconnick, comics writer, explains why there are so few female-led superhero titles. (And pretty much every other problem with comics today.)

Later in the same passage, she goes further:

Read More

January 9, 2013
amy wilentz: Globalization & the Little Haitian Chair

amywilentz:

image

Typical Haitian chairs, made with palm frond and wood.

Tomorrow, my second book about Haiti, Farewell, Fred Voodoo, is being published, and I wanted to think about the ways in which old Haiti — the Haiti I first knew years ago — is changing, and what that means.

The first thing I ever…

A great essay explaining, in part, why trying to really help can be so damn hard….

January 4, 2013
Click to see how it works.

Click to see how it works.

(Source: pennyfournasa, via kleptolovestory)

December 7, 2012
Toy factory workers not making toys.
From “The Real Toy Story” by German-born photographer Michael Wolf.

If you’d rather listen than look, here’s Leslie Chan’s TED talk on Chinese factories from a worker’s perspective. It might not be exactly what you expect.

Toy factory workers not making toys.

From “The Real Toy Story” by German-born photographer Michael Wolf.

If you’d rather listen than look, here’s Leslie Chan’s TED talk on Chinese factories from a worker’s perspective. It might not be exactly what you expect.

November 15, 2012
"Here’s yet another way to look at it: Pressing 1,000 singles in 1988 gave us the earning potential of more than 13 million streams in 2012. (And people say the internet is a bonanza for young bands…)"

— Damon Krukowski of Galaxie 500 and Damon & Naomi, in Pitchfork

July 21, 2012
"

The world’s super-rich have taken advantage of lax tax rules to siphon off at least $21 trillion, and possibly as much as $32tn, from their home countries and hide it abroad – a sum larger than the entire American economy.

James Henry, a former chief economist at consultancy McKinsey and an expert on tax havens, has conducted groundbreaking new research for the Tax Justice Network campaign group – sifting through data from the Bank for International Settlements (BIS), the International Monetary Fund (IMF) and private sector analysts to construct an alarming picture that shows capital flooding out of countries across the world and disappearing into the cracks in the financial system.

"

— from “Wealth doesn’t trickle down – it just floods offshore, new research reveals” in Guardian, 21 July 2012.

July 18, 2012
"

Benefits will not be paid for charges or loss caused by, or resulting from, any of the following:

  1. Suicide or any intentionally self-inflicted Injury;

  2. Any drug, narcotic, gas or fumes, or chemical substance voluntarily taken, administered, absorbed or inhaled unless prescribed by, and taken according to the directions of, a Doctor (accidental ingestion of a poisonous substance is not excluded.);

  3. Commission, or attempt to commit, a felony;

  4. Participation in a riot or insurrection;

  5. Driving under the influence of a controlled substance, unless administered on the advice of a Doctor;

  6. Driving while Intoxicated. “Intoxicated” will have the meaning determined by the laws in the jurisdiction of the geographical area where the loss occurs.

  7. Declared or undeclared war or act of war;

  8. Nuclear reaction or the release of nuclear energy. However, this exclusion will not apply if the loss is sustained within 180-days of the initial incident and:


    a. The loss was caused by fire, heat, explosion or other physical trauma which was a result of the release of nuclear energy; and

    b. The Covered Person was within a 25-mile radius of the site of the release either:

    i. At the time of the release; or

    ii. Within 24-hours of the start of the release; or

    iii. Occurs while he is in the issue state of this Certificate…

"

— Reviewing health insurance options never seemed so fraught.

Liked posts on Tumblr: More liked posts »