Posts Tagged ‘flexible accumulation’
Oops, Forgot a Title Links
* I have a review out today of Aurora and Seveneves (both great!) in The Los Angeles Review of Books. My review actually has a lot in common with two other reviews they’ve run recently, one from Tom Streithorst on Mad Max: Fury Road and the other from Sherryl Vint on Paolo Bacigalupi’s The Water Knife.
* I always said the point of the five-year Ph.D. was “produce more adjuncts,” but UC Irvine has gone and formalized it.
* RT @cnewf: USC fundraising staff: 450. USC TT faculty in Arts & Sciences:460.
* Scenes from the class struggle at Arizona State.
* University of Iowa Receives 18,000 Volume Science Fiction Library.
* The Toast interviews @AfAmHistFail.
* Sweet Briar lives. Joy Over Sweet Briar’s Reopening Is Tempered by Questions About the Road Ahead. Lessons from Sweet Briar. Sweet Briar Savors the Promise of Revival, but Fund-Raising Challenge Is Vast. Sweet Briar’s ‘No Nonsense’ New President Faces a Tall Task. Reinventing Sweet Briar. I just want someone to look into all their weird investment losses and figure out what was happening there.
* How to Teach Your White Kids to Fight Racism.
* The flag might actually come down.
* Rhodesia and American Paramilitary Culture.
* “Sanders surge is becoming a bigger problem for Clinton.”
According to the RealClearPolitics average of polls, she leads Sanders by 47 percentage points.
Surge!
* But set Obama’s impressive electoral victories aside and the Democrats look less like an emerging majority and more like a party in free fall: Since Obama was sworn in six years ago, Democrats have suffered net losses of 11 governorships, 30 statehouse chambers, more than 900 statehouse seats, and have lost control of both houses of the U.S. Congress. They’re certainly finding every possible way to blow it.
* Scenes from the charter school scam: Milwaukee Public Schools edition.
* For as long as women have been doing time, prisons have had to contend with the children they carry.
* The Martian Author Andy Weir Explains All the Ways Mars Wants to Kill You.
* Erasmus Darwin, supervillain.
* Think Progress on suicide and trans* identity.
* Use/Mention distinction really hits the big time.
* What happens when the sea swallows a country?
* It’s just impossible to elect anyone who is actually on the left. Look what happens.
* It is easier to imagine the end of the world than the end of McDonalds.
* Amazon developing exciting new ways to destroy publishing.
* Clash of Clans is made by the Finnish game studio Supercell. It launched in August 2012 and rapidly became one of the top five highest-grossing titles in Apple’s App Store. In 2013, when Yao and his invitation-only clan, North44, were at their peak, Clash of Clans helped create $555 million of revenue for the company. The next year, Supercell’s revenue tripled to $1.7 billion — a seemingly inexplicable sum produced by a roster of games that, like Clash, are free to download and can be played without spending a dime. So how is Supercell generating all that money? By relying on players who don’t simply want to enjoy the game but who want to win. Players who, like Yao, are willing to spend a great deal of cash.
* Against porn. May have spoken a bit too directly to me given that I read it while watching the Rashida Jones documentary Hot Girls Wanted, which is utterly, soul-crushingly depressing.
* ‘Star Trek’ Fan Invited to Pitch ‘Star Trek Uncharted’ TV Series to Paramount. The best part: it actually sounds like a good idea.
* And the arc of history is long, but Walter White From ‘Breaking Bad’ Will Appear in a Future Episode of ‘Better Call Saul.’
Wednesday Links!
* Today at Marquette! Dr. Robin Reid, “Conflicting Audience Receptions of Tauriel in Peter Jackson’s The Hobbit.”
* Tomorrow at Marquette! The English Department pop culture group geeks out over The Hunger Games.
* Solving prostitution the Swedish way.
“In Sweden prostitution is regarded as an aspect of male violence against women and children. It is officially acknowledged as a form of exploitation of women and children and constitutes a significant social problem… gender equality will remain unattainable so long as men buy, sell and exploit women and children by prostituting them.”
* Keywords for the Age of Austerity 13: Engagement.
The point of engagement in this sense is not to involve the public in making decisions, but make them feel involved in decisions that others will make. That this may be done with the best of intentions is important, of course, but ultimately besides the point. Like “stakeholder,” “engagement” thrives in a moment of political alienation and offers a vocabulary of collaboration in response. So if civic engagement is in decline, one thing that is not is the ritualistic performance of civic participation. The annual election-cycle ritual in American politics is a case in point here. In one populist breath, we routinely condemn the corruption of politicians who, it is said, never listen to the average voter. And in the next, we harangue the average voter for failing to participate in a process we routinely describe as corrupted. So it’s not the “apathy” or “disengagement” of the public that we should lament or criticize—it’s the institutions that give them so many reasons to be disengaged in the first place.
* A Few Questions About the Culture: An Interview with Iain Banks.
JR: In the past you have said that you are a short-term pessimist and a long-term optimist. Could you expand on this a bit: why are you pessimistic about the short term? What changes do you anticipate taking place between the near and far futures that change your pessimism to optimism?
IB: On a personal level, it’s damage limitation; a sanity-keeping measure. Expect the worst and anything even only half-decent seems like something to celebrate. The pessimism comes from a feeling that as a species we seem unable to pass up any opportunity to behave stupidly, self-harmfully (the Copenhagen climate talks being but the latest example). The long-term optimism comes from the the fact that no matter how bad things seem and how idiotically and cruelly we behave. . . well, we’ve got this far, despite it all, and there are more people on the planet than ever before, and more people living good, productive, relatively happy lives than ever before, and—providing we aren’t terminally stupid, or unlucky enough to get clobbered by something we have no control over, like a big meteorite or a gamma ray buster or whatever—we’ll solve a lot of problems just by sticking around and doing what we do; developing, progressing, improving, adapting. And possibly by inventing AIs that are smarter and more decent than we are, which will help us get some sort of perspective on ourselves, at the very least. We might just stumble our way blindly, unthinkingly into utopia, in other words, muddling through despite ourselves.
* “Gamechanging” climate deal that seems radically insufficient to the scale of the crisis. What could go wrong?
* Think Progress has a good rundown on King v. Burwell, the case that could kill Obamacare. Eight Reasons to Stop Freaking Out About the Supreme Court’s Next Obamacare Case.
* The growth of auxiliary activities was the primary driver in spending increases by the schools, the report concludes. From 2005 to 2012, $3.4 billion was spent on instructional and research facilities. The cost for nonacademic auxiliary facilities was $3.5 billion from 2002 to 2012. Limit athletic fees, check construction to control college costs, study says.
* The State Funding Sleight-Of-Hand: Some Thoughts on UC’s Proposed Tuition Hike.
* The Vitae Adjunct Retirement Survey.
* ProQuest says it won’t sell dissertations through Amazon anymore.
* Why Wall Street Loves Hillary
* It’s a start: Massachusetts Town Proposes First Complete Ban On All Tobacco.
* Inside America’s inept nuclear corps.
* The Digital Games Research Association (DiGRA) is under attack by critics who say academe is colluding with the mainstream media to push a feminist agenda in video games. How deep does this conspiracy go?
* When we think about the collapse of communism, we should emphasize and celebrate the attractiveness of a social market economy — not free enterprise.
* Can You Gentrify America’s Poorest, Most Dangerous City?
* Today, New York Mayor Bill de Blasio’s administration announced through the New York Times that it may stop making arrests for low-level marijuana possession, opting instead to issue tickets without detaining the suspect. This would feel like an important step toward reasonable weed policy if New York state hadn’t already mandated it 37 years ago.
* The seminars offered police officers some useful tips on seizing property from suspected criminals. Don’t bother with jewelry (too hard to dispose of) and computers (“everybody’s got one already”), the experts counseled. Do go after flat screen TVs, cash and cars. Especially nice cars. Police Use Department Wish List When Deciding Which Assets to Seize.
* One in every 8 arrests was for a drug offense last year.
* Milwaukee Public Museum’s Sci-Fi Film Fest gathers large audience.
* Running a school on $160 a year.
* Is Pre-K academically rigorous enough? That’s a real question this real article is asking.
* Hello, My Name Is Stephen Glass, and I’m Sorry.
* Grace Dunham is now an adult and she read this book before it was published. She is managing her sister’s book tour and they are best friends. Are we really going to overlook this?
* Also on the subject of Lena Dunham: this is an extremely clickbaity headline, but the testimony from a juvenile sex offender is fascinating and horrible.
* Sorry I Murdered Everyone, But I’m An Introvert.
* In America, today’s parents have inherited expectations they can no longer afford. The vigilant standards of the helicopter parents from the baby boomer generation have become defined as mainstream practice, but they require money that the average household earning $53,891 per year— and struggling to survive in an economy in its seventh year of illusory “recovery”— does not have. The result is a fearful society in which poorer parents are cast as threats to their own children.
* Although it looks like a traditional typeface, Dyslexie by Christian Boer is designed specifically for people with dyslexia.
* Scientists Have Finally Found The First Real Reason We Need To Sleep.
* Wes Anderson might be making another movie with puppets.
* In its gentle sadness, its deceptively light tone, and its inherent contradictions, this is the perfect ending to The Next Generation. One of these days, the crew will be dispersed. The Enterprise will be put in mothballs. Starfleet will complete its transformation into a body that none of them particularly want to serve in. But for now, their voyages continue.
* Peak Prequel: Sony Rumored to Be Prepping Aunt May Spider-Man Spin-Off Movie.
* And the best news ever: HBO Will Make Asimov’s Foundation With Interstellar‘s Jonathan Nolan. I may lose my mind over this show. I may even do a podcast. And a lot of what went wrong with Interstellar wasn’t even Jonathan Nolan’s fault!
Tuesday Morning Links
* From the archives: The university is no longer primarily a site of production (of a national labor force or national culture) as it was in the 1970s and 80s, but has become primarily a site of capital investment and accumulation. The historical process through which this transformation was implemented is long and complicated, and we cannot give a detailed account of it here. Instead, we want to describe the general shape of this new model and the consequences it might have for political action in a university setting. We take as paradigmatic the case of the University of Michigan, where this model has been worked out in its most developed form and from which it is spreading across the United States, as university administrators across the country look to and emulate what they glowingly call the “Michigan model.” In this new university, instruction is secondary to ensuring the free flow of capital. Bodies in classrooms are important only to the extent that money continues to flow through the system. It is a university that in a global sense has ceased to be a university—its primary purpose is no longer education but circulation. This is the new logic of the university. If we want to fight it, we have to understand it.
* Merit, Diversity and Grad Admissions.
* Big Data and Graduation Rates.
* Teaching the controversy in California, Holocaust edition.
* Another absolutely botched college investigation of a sexual assault.
* Violent Abuse of the Mentally Ill Is Routine, Widespread at Rikers Island.
* Malcolm Harris on redheads and playacting racist.
* Why it’s time we talked about the sex lives of humanitarians.
* Shouting About Diving, but Shrugging About Concussions. How to stop FIFA from being such a parasite. Could the World Cup Champion Beat the Best Club Team in the World? Stadiums and/as prisons. Another World Cup Is Possible.
* That’s… ominous. Parts of Yellowstone National Park closed after massive supervolcano beneath it melts roads.
* Buzzfeed has a longread about the behavior of a long-term predator in an elite California private school.
* Demolition unearths legacy of toxic pollution at Milwaukee plant.
* Is Milwaukee the No. 1 city for tech? Not so fast.
* The July effect is real: new doctors really do make hospitals more dangerous.
* Joss Whedon has written more Buffy the Vampire Slayer. True fact!
* Behind-The-Scenes Footage Of Buffy Stunts Is the Ultimate Time Suck.
* On the legacy of Dungeons & Dragons.
* Against natural gas as a “transition fuel.”
* If you pretend precedent is meaningful and the rule of law is an operative concept in America, and squint real hard, here’s a way Hobby Lobby could be good news for liberals.
* There is, Steve estimates, room enough on the ark for 23 people to live comfortably. And Australians are welcome. Singles, couples, families, believers. All that’s required is a $300 one way ticket from Brisbane to Luganville and a commitment that means forever.
* A bit on the nose, don’t you think? Two Fruitland Park, Fla. cops have lost their jobs after an FBI source named the two as members of the Ku Klux Klan.
* Uber and rape: Seattle Police Clear Uber Driver of Rape Charge, But Not Sexual Assault.
* When Park Middle School cheated on a high-stakes test.
* The goal of ethics is to maximize human flourishing.
* And the new Doctor Who trailer fills me with a little bit of sadness: I was really hoping the Capaldi era would be more swashbuckling than brooding. I guess I’m looking forward to Moffat moving on.
Wednesday Links!
* What we’re talking about in my cultural preservation class today: Jyotsna Kapur’s “Capital limits on creativity: neoliberalism and its uses of art.” I’d actually suggest the adjunct herself functions as “the model worker of the new economy” alongside the freelancer.
The results of the Creative Culture Industry policy have already started to come in. Kate Oakley, among others, has shown that in the case of Britain these policies have exacerbated rather than eliminated inequality. They have led to gentrification and pockets of wealth in the midst of disintegrating social infrastructure. At the same time, work in the creative industries has become increasingly precarious — that is, temporary, project-based, and competitive, putting artists and media people in a constant in search of work (2006). As Richard Shearmur has indicated, calling upon local governments to modify their policies, planning, and budgets in order to respond to the preferences of the creative class boils down to reinforcing and subsidizing elites to a kind of ‘talent welfare’ that is reminiscent of ‘corporate welfare’ (2006-7, 37). In the process, art’s entire social role is undergoing a profound transformation. From being considered an imaginative and critical outsider or a participant in social transformation, the artist is now presented as the model worker of the new economy.
* New, privatized African city heralds climate apartheid.
* The bad conscience of empire: Historic papers about the slave trade are among the enormous cache of public documents that the Foreign Office has unlawfully hoarded in a secret archive, the Guardian has learned.
* Westerners are so convinced China is a dystopian hellscape they’ll share anything that confirms it.
* Pollution from Chinese factories is harming air quality on U.S. West Coast!
* The chemical spill that contaminated water for hundreds of thousands in West Virginia was only the latest and most high-profile case of coal sullying the nation’s waters.
* Only You Can Discover Oil Pipeline Spills, Since 80 Percent Of The Time The Companies Miss Them.
* Train Derailment In Philadelphia Leaves Crude Oil Car Dangling Over Schuylkill River.
* UWM sued over dissolution of student government.
* New York’s Mayor Is Snow Plowing the City Along Class Lines Again.
* Campus shootings have become so common they barely make the news anymore.
* Good Guy with a Gun shoots self with gun, for second time.
Connersville, Indiana police chief David Counceller’s most recent self-inflicted wound occurred when his sweatshirt jammed against his 40-caliber Glock’s trigger as he attempted to holster the weapon. He was examining a new Glock at a gun shop at the time.
* ‘Pregnant Sims Can No Longer Brawl’ And Other Amazing Sims Patch Notes.
* Good Jersey / Bad Jersey: New Jersey Will Protect Pregnant Workers From Discrimination And Unsafe Conditions. Christie declines to sign bill requiring public notice of raw sewage overflows.
* Former Virginia Governor Indicted on Corruption Charges.
* The Racially Fraught History of the American Beard.
* “To my mind, this embracing of what were unambiguously children’s characters at their mid-20th century inception seems to indicate a retreat from the admittedly overwhelming complexities of modern existence,” he wrote to Ó Méalóid. “It looks to me very much like a significant section of the public, having given up on attempting to understand the reality they are actually living in, have instead reasoned that they might at least be able to comprehend the sprawling, meaningless, but at-least-still-finite ‘universes’ presented by DC or Marvel Comics. I would also observe that it is, potentially, culturally catastrophic to have the ephemera of a previous century squatting possessively on the cultural stage and refusing to allow this surely unprecedented era to develop a culture of its own, relevant and sufficient to its times.”
* Once we had the Sideways House, now we have the Upside-Down House.
* Legalizing murder still working out great.
* What Grantland Got Wrong. When mainstream media is the lunatic fringe.
* How to Use Public-Private Partnerships to Screw the Poor.
* The headline reads, “Pubic Hair Grooming Injuries Have Quintupled.”
* If A then B: How the World Discovered Logic. The golden age of female philosophy.
* Back to the Future fan wants to make sequel accurate by releasing tons of Jaws movies.
* Don’t ever spoil Homeland for Jennifer Lawrence.
* If you eat the yellow pill, you will know all things. If you eat the green pill, you will know nothing but happiness.
* How to win a Best Actress Oscar.
* And never let them say our civilization never accomplished anything.
‘What Is Happening Now in the Realignment of Professional Economies and Technological Infrastructures Is Possibly Something More Akin to an Industrial Revolution’
This in the end would be my own modest proposal: that most of the arguments about the unfairness of academic labor practices and academic culture are too small. In a sense, they prove that even the strongest critics accept and are a bit blinded by a belief in the specialness of academia, because they even think its unfairness or inequity is special to it.
Weekend Links
* Now we see the violence inherent in the system: Unreturned library books can mean jail time.
* It’s intuitive but wrong to picture the public debt as private debt we’re all on the hook for. In reality, public debt isn’t really properly thought of as borrowing at all, according to Frank N. Newman, former deputy secretary of the U.S. Treasury under President Clinton. Since the U.S. doesn’t need to borrow back the dollars it originally spent into existence in order to spend them again, the purpose of issuing Treasuries is really just for “providing an opportunity for investors to move funds from risky banks to safe and liquid treasuries,” he writes. Investors aren’t doing the U.S. a favor by buying treasury securities; the U.S. is doing investors a favor by selling them. Otherwise, without the option “to place their funds in the safest most liquid form of instrument there is for U.S. dollars,” would-be bondholders “are stuck keeping some of their funds in banks, with bank risk.”
* We frack the places we’ve already abandoned.
* Sherlock Holmes, First Published in 1893, Is Officially in the Public Domain in the US.
* Twitter account of the night: @ClickbaitSCOTUS.
* The problem with white allies.
* An Open Letter to the Makers of The Wolf of Wall Street, and the Wolf Himself. How the “Wolf of Wall Street” Is Still Screwing His Real-Life Victims.
* Institutional Prestige and the Academic Caste System.
* What happens to workers when jobs becomes gigs? The Fear Economy.
* An administrative law judge in Florida this week upheld new rules by the State Department of Education that require significantly more of state college faculty members — particularly in the areas of student success — for them to earn continuing contracts (the equivalent of tenure).
* Slate covers the US’s insane hostility towards presymptomatic genetic testing.
* Connecticut just hands ESPN sacks of money every year.
* Degenerate, Inc.: The Paranoid and Obsessive Life of a Mid-Level Bookie.
* Reality Pawns: The New Money TV.
* Why I voted for an academic boycott of Israel.
* Wisconsin finds another use for cheese.
* The kids are all right — they’re abandoning Facebook.
* The 38 Most Haunting Abandoned Places On Earth. Some new ones in the mix here.
* And good news everyone! Your dystopian surveillance nightmare is legal again.
Sunday™ Reading™ Accept No Substitutes®
* Put the Student Union of Michigan in charge! In the end, the university’s rationale for the campaign relies heavily on a narrative of state defunding. For example, as a Detroit News article relates, “President Mary Sue Coleman called the campaign ‘audacious’ and said no gift is too small since universities need philanthropy with states no longer able to support them to the degree they must for schools to be globally competitive.” This narrative seems difficult to square with the actual role of the endowment in funding university operations. The endowment contributes only 4.5% (of its total holdings) to the general operation funds of university each year. The principal stays invested. Thus, if we look at the breakdown of revenue sources at the university in 2010 the endowment contributed only $253 million. Student tuition however generated over $1 billion, while state funding totaled $315 million. The endowment clearly has very little to do with making up for lost state funding. Its purpose lies elsewhere. And that elsewhere is in the university’s move to behave more and more like a hedge fund, mobilizing donated capital to secure new revenue streams. It does this by taking advantage of its tax-exempt status to build up a hoard of money that it then invests around the world in shady funds and places it would rather the university community did not know about. In so doing, the university is slowly becoming an important player on Wall Street but to play with the “big boys” it needs more and more capital, which requires constant fundraising campaigns. This money is destined for investment not students. Little of it will ever reach students in the form of scholarships or be used to offset increases in tuition. (via)
* Meanwhile: The University of California Invests in Prisons.
* Yanis Varoufakis on ponzi austerity.
Whereas in standard Ponzi (growth) schemes the lure is the promise of a growing fund, in the case of Ponzi austerity the attraction to bankrupted participants is the promise of reducing their debt, so as to liberate them from insolvency, through a combination of ‘belt tightening’, austerity measures and new loans that provide the bankrupt with necessary funds for repaying maturing debts (e.g. bonds). As it is impossible to escape insolvency in this manner, Ponzi austerity schemes, just like Ponzi growth schemes, necessitate a constant influx of new capital to support the illusion that bankruptcy has been averted. But to attract this capital, the Ponzi austerity’s operators must do their utmost to maintain the façade of genuine debt reduction.
* “I am as American as April in Arizona”: Nabokov interviews at The Paris Review.
* Student Debt is Crushing the Economic Future of the Young.
* Joyless Nihilism: Adam Kotsko on the Abramsverse Star Trek, Family Guy, and zombie postmodernism.
* The Life and Times of an Aging Superhero Captured in Oil Paintings by Andreas Englund.
* In education, the problem is still poverty.
* America is a country made possible by hucksterism and carnival buncombe.
* Naomi Klein: How science is telling us all to revolt.
* The environmental scandal that’s happening right beneath your feet.
* And the Philippines estimates at least 10,000 died from super typhoon. No words.
Sunday Quick Links
* Attention, Milwaukee-, Chicago-, and Madison-area graduate students! The Midwest Interdisciplinary Graduate Conference deadline is November 20. The theme this year is “Animacy.”
* Surviving the post-employment economy.
* What if America had just two timezones?
* The accreditors visit Hogwarts.
* Common mistakes on the academic CV.
* All possible iterations of the statement “degrees in field Z are down X% since year Y.”
* Executives Collect $2 Billion Running U.S. For-Profit Colleges. Disruptive! Innovation! Immanentize the eschaton!
* Meanwhile, the federal government is poised to OK pension-looting. How can this be remotely legal? Pensions are delayed compensation. Can your employer give you a “haircut” on your monthly paycheck because they’ve decided they want the money after all?
* ‘I’ll Be Your Mirror’: Lou Reed and the New York School of Poetry.
* Also really good at self-assessment: Last Year President Obama Reportedly Told His Aides That He’s ‘Really Good At Killing People.’ Some instant nostalgia for the 2012 election, Romney-side and Obama-side.
* What was supposed to be a secret letter authored by all sixteen of the current Democratic female senators urging Hillary Clinton to run for president in 2016 became public this week when Sen. Kay Hagan apparently accidentally mentioned it at an EMILY’s List event.
* The demographics of the NBA. Really interesting stuff.
* I just went and checked the last “lactation station” from the list. Most are locking bathrooms and/or public lounges, but this one is a locked asbestos-containing closet.
* Hottest September On Record, Fastest Pacific Warming In 10,000 Years, Warmest Arctic In 120,000 Years. Probably nothing though.
* And SMBC explores the curse of immortality.
Monday, Monday
* It’s job and grant application season, so let the Educational Jargon Generator do the heavy lifting.
* LinkedIn founder determines that only LinkedIn can save us now. True story.
* Huge adjunct survey seeks to determine who adjuncts are. Useful, but honestly this sort of thing is really only useful at the level of the discipline. There’s simply so much variation between business school adjuncts and English department adjuncts that there’s hardly any reason to discuss them together at all.
* Do you know where your PhDs are? A Look at Life After the Ph.D.
* What the Northwestern adjunct study doesn’t show.
* Meritocracy, in its majestic equality… The College Degree Boom Is Leaving Poor Kids Behind.
* America is becoming a nation of zero-opportunity employers, in which certain occupations are locked into a terrible pay rate for no valid reason, and certain groups – minorities, the poor, and increasingly, the middle class – are locked out of professions because they cannot buy their way in.
* Here comes the de Blasio oppo. A Sandinista-supporting Leftist? ¡Que lástima!
* The Cory Booker oppo seems a lot more powerful. If Republicans had a better candidate in New Jersey I could see him actually blowing the race.
* Vatican dialectics: Pope condemns economic inequality while the Vatican continues to censure nuns’ anti-poverty work.
* Huge floods in Colorado aren’t even making a dent in the West’s forever-drought.
* And it looks like my Rolling Jubilee skepticism may have been well-founded. Bummer.
Monday Morning Links!
* With this the Culture / Harry Potter and the Methods of Rationality fanfic, culture is hereby perfected forever. Please deposit your 3D glasses in the receptacle on your way out of the theater.
* What Iuliano found was that the reality of student loan discharge in bankruptcy was that four out of 10 people that attempted to discharge their loans were successful. Granted, a 40 percent rate is not success for the majority, but it’s not inconsequential either. More disturbingly he found that in just the one study year, 69,000 debtors would have been good candidates to receive some or full relief from their student loan debt but they never even tried to discharge the loans. In fact few ever try to discharge their student loans in bankruptcy. “99.9 percent of student loan debtors in bankruptcy never attempt to get a discharge,” says Iuliano.
* Scenes from the alternate universe that is Germany: Still, the concept of paying for education remained deeply unpopular with students and the general public, and most states that introduced fees threw them out again in short order, starting with Hesse, in 2008.
* Ruth Bader Ginsberg agrees with me that the current Supreme Court is one of the most activist in history. Of course where we disagree is my feeling she should resign immediately in time to be replaced with a 35-year-old before Obama leaves off.
* Hans Poertner, professor of marine biology at the Alfred Wegener Institute in Germany, and co-author of a new study of the phenomenon, told the Guardian: “The current rate of [ocean acidification] is likely to be more than 10 times faster than it has been in any of the evolutionary crises in the earth’s history.”
* Yes, there’s a direct correlation between race and school closures in Detroit.
* The financial industry accounts for about 8% of GDP, but about 32% of corporate profits. These excess profits are extracted from the real economy — consumers and businesses — and constitute a drag on non-financial growth.
* And New York sues Donald Trump over his fake university. Well, I suppose that’s one down…
Tuesday Links!
* How Student Loans For Preschool Make A Bad Problem Worse. Kill it with fire!
* The generation duped and prodded into 401Ks is about to retire without any money.
* Pew polls Americans on radical life extension.
* One in Five People Can’t Repay Their Federal Student Loans.
* More scenes from the class struggle at Amazon.com.
* Why People Don’t Care About Avatar.
* Alan Wald reviews Marjorie Heins’s Priests of Our Democracy: The Supreme Court, Academic Freedom, and the Anti-Communist Purge.
* Every cop is a criminal: The New Yorker on civil forfeiture.
Many states, facing fiscal crises, have expanded the reach of their forfeiture statutes, and made it easier for law enforcement to use the revenue however they see fit. In some Texas counties, nearly forty per cent of police budgets comes from forfeiture. (Only one state, North Carolina, bans the practice, requiring a criminal conviction before a person’s property can be seized.) Often, it’s hard for people to fight back. They are too poor; their immigration status is in question; they just can’t sustain the logistical burden of taking on unyielding bureaucracies.
* Our most important finding is that family formation negatively affects women’s—but not men’s—academic careers. For men, having children can be a slight career advantage and, for women, it is often a career killer. Women who do advance through the faculty ranks do so at a high personal price: They are far less likely to be married with children than are their male colleagues.
* And your periodic reminder that hoarding kills.
At least $18.5 trillion is hidden by wealthy individuals in tax havens worldwide, representing a loss of more than $156 billion in tax revenue, according to new figures published today by international agency Oxfam.
The missing money is twice that required for every person in the world to be living above the $1.25-a-day “extreme poverty” threshold.
Gerry Canavan 