Gerry Canavan

the smartest kid on earth

Posts Tagged ‘Lolita

Resolved: Thursday Links Will Take All Our Links

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* Tonight! DC! 6:30! Resolved: Technology Will Take All Our Jobs!

* Help, University Administration Is Terrible! Kids these days.

Statement by PROFS in response to JFC omnibus motion #521, item #39. Foxes in the Henhouse: The Republican Takeover of the University of Wisconsin System. A turning point for the UW Colleges.

* Han’s wife shot first.

Forgetting Lolita: How Nabokov’s Victim Became an American Fantasy.

* Michael Bérubé and Jennifer Ruth: Time for a Teaching-Intensive Tenure Track.

How the Red Cross Raised Half a Billion Dollars for Haiti ­and Built Six Homes.

Every United Airlines flight was grounded this morning in the US.

More People Work at Fusion Than Are Reading Its Most Popular Post.

The problem is that the IRB system is so fundamentally misconceived that it is virtually a model of how to regulate badly.

French Court Rules It Is Unconstitutional To Cut Off Water To Anybody.

Teen got arrested after cop tried to pick her up, failed. Warrants issued for people who cheered at Senatobia graduation. In the last seven years at least 29 police K-9s have sweltered to death after officers left the dogs inside hot patrol vehicles.

School kitchen manager fired for giving lunches to hungry students.

* Sepp Blatter resigns. Something something joke about George Lucas character names.

The Secret 1949 Radiation Experiment That Contaminated Washington.

How Ridic Are the New Scrabble Words?

* How Ridic Are Call-In Shifts?

Alternative Idea for Resolving Sexual-Assault Cases Emphasizes Closure. “Administrators promised to keep her charges confidential and to protect her from retaliation.” For what it’s worth, I had some general thoughts on Title IX earlier this week that I Storified on the off-chance anyone is interested. I don’t think the outlook is good.

The inside story of how the Clintons built a $2 billion global empire. Is Hillary Clinton in trouble?

* Draft, uh, let’s say Bloomberg.

* The Tampon: A History.

* Google NBA Jam truth.

New Study Confirms Self-Evident Truth: Time Warner Is Literally The Worst.

* Hell is working at the Huffington Post.

* Teach the controversy.

* And the arc of history is long, but Arrested Development season five will air in spring 2016.

Course Descriptions for Fall 2015 (Yes, Already!)

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Course Number: 4610/5610
Course Title & Subtitle: Individual Authors: J.R.R. Tolkien
Course Description: This decade will see the hundredth anniversary of J.R.R. Tolkien’s earliest writings on Middle-Earth (The Book of Lost Tales, begun in 1917) alongside the completion of Peter Jackson’s career-defining twenty-year project to adapt The Lord of the Rings for film (1995-2015). This course asks the question: Who is J.R.R. Tolkien, looking backward from the perspective of the twenty-first century? Why have his works, and the genre of heroic fantasy which he remade so completely in his image, remained so intensely popular, even as the world has transformed around them? Our study will primarily trace the history, development, and reception of Tolkien’s incredible magnum opus, The Lord of the Rings (written 1937-1949, published 1954-1955)—but we will also take up Tolkien’s contested place in the literary canon of the twentieth century, the uses and abuses of Tolkien in Jackson’s blockbuster films, and the ongoing critical interests and investments of Tolkien fandom today. As Tolkien scholars we will also have the privilege of drawing upon the remarkable J.R.R. Tolkien Collection at the Raynor Library here at Marquette, which contains the original manuscripts for The Hobbit, The Lord of the Rings, and Farmer Giles of Ham.
Major Readings: The Hobbit, The Lord of the Rings, The Silmarillion, and selected additional readings
Assignments: two shorter papers, one final paper, weekly forum posts, one presentation, class participation

 

Course Number: 6700
Course Title & Subtitle: Studies in Twentieth Century American Literature: American Literature after the American Century
Course Description: In 1941, Time Magazine publisher Henry Luce called upon the twentieth century to be “the first great American Century,” and it’s been ending ever since. This course takes up American literary and cultural studies from the post-everything standpoint of the “after.” What is it to study American literature today, after the American Century, after American exceptionalism, after modernity, after the university, after the idea of the future itself? Our shared investigation into contemporary critical and scholarly practices will focus on key controversies in twentieth- and twenty-first-century literary study, including the ongoing reevaluation of “the canon” (Lolita), popular culture studies (The Body Snatchers), identity and identity politics (Dawn), nationalism and transnationalism (Tropic of Orange), postmodernity and neoliberalism (the short stories of David Foster Wallace), and ecocriticism in the Anthropocene (We Are All Completely Beside Ourselves). Our reading will also draw heavily on recent scholarship in critical theory, especially “the new American studies” and the emerging discipline of critical university studies. Alongside weekly reflections and enthusiastic class participation, students in this course will produce a 15-20 page seminar paper on a subject of their choosing related to the themes of the course, as well as present their work to their peers in a conference-presentation format and develop a sample syllabus for an undergraduate course in American literary or cultural studies.
Readings: Vladimir Nabokov, Lolita; Jack Finney, The Body Snatchers; Octavia E. Butler, Dawn; Karen Tei Yamashita, Tropic of Orange; Karen Joy Fowler, We Are All Completely Beside Ourselves; the short stories of David Foster Wallace; selected additional readings
Assignments: weekly reflections, class participation, conference-style presentation, seminar paper (15-20 pages), sample syllabus

Closing All My Tabs Before I Flee The Country Links

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* The new issue of Extrapolation is out! This one was put together before I was an editor, but it’s still really great stuff.

* CFPs: Current Research in Speculative Fiction 2015. Tolkien at the University of Vermont. The Marquette Undergraduate Humanities Conference.

* Dear English Major: A 7-Step Guide to Your Final Semester as an English Major.

* It’s syllabus prep week at universities all across America. Here’s a provocative one from Vanderbilt: PHIL 213: Police Violence and Mass Incarceration.

* #MLA: Every Time You Fly, You Trash The Planet — And There’s No Easy Fix.

Solidarity without Affect: The MLA Subconference Enters Its Second Year. Via Freddie deBoer.

* Give me the child at 18 or so, and I will give you the man: Nine Percent of 114th U.S. Congress Are Alumni of Jesuit Colleges and Universities.

Inside a Chinese Test-Prep Factory.

California colleges see surge in efforts to unionize adjunct faculty. Washington University adjunct faculty vote to form a union.

Is depression a kind of allergic reaction?

* Why we can’t have nice things, 2015 edition: The Senate’s 46 Democrats got 20 million more votes than its 54 Republicans.

Pot Tax Adds $40+ Million To Colorado’s Economy: Crime, Traffic Deaths And Unemployment Are Down.

The Economics (and Nostalgia) of Dead Malls.

* Great moments in headcanon, Guardians of the Galaxy edition.

* I say teach the controversy: “Creationist: Aliens Will Go to Hell and Not Even Jesus Can Save Them.”

* Actual Supreme Court decisions: To remain silent, one must first speak.

* Dog bites man: 2014 Was The Hottest Year On Record Globally By Far.

On the 60th anniversary of Vladimir Nabokov’s “Lolita,” the Los Angeles Review of Books has assembled a group of female authors, artists and performers who, dedicated to examining the faces, bodies and voices of the young girl, consider the significance of Nabokov’s pubescent protagonist as both a literary conceit and an object of patriarchal fetish.

* The process used is ridiculous and would result in termination if used.

As a growing movement of unschoolers believe, a steady diet of standardized testing and indoor inactivity is choking the creativity right out of our kids. The alternative: set ’em free.

Here’s a comic strip about children dying of preventable diseases.

* Horrible attack on a satirical magazine in Paris.

A Colorado NAACP Office Was Bombed Today. A gasoline can near the bomb, apparently intended as a firebomb, failed to ignite.

People diagnosed with serious mental illness — schizophrenia, bipolar disorder, or severe depression — die 20 years early, on average, because of a combination of lousy medical care, smoking, lack of exercise, complications of medication, suicide, and accidents. They are the most discriminated-against and neglected group in the U.S., which has become probably the worst place in the developed world to be mentally ill.

In Defense of Prince Hans.

Tangled, Brave, and Frozen All Made the Same Critical Mistake.

* How doctors die.

Nestle CEO: Water Is Not A Human Right, Should Be Privatized.

The Suburbanization of the US Working Class.

Few things we criminalize because they are ‘harmful’ are anywhere close as harmful as prison.

How White Liberals Used Civil Rights to Create More Prisons.

Ferguson Grand Juror Sues Prosecutor To Lift Gag Order.

“The little girl come to my door,” 71-year-old Larry Wilkins told NBC News. “She told me that her mom and her dad were dead, and she was in a plane crash, and the plane was upside down. She asked if she could stay here.”

“I’m no longer watching television in which middle-aged men figure out how to be men. I’d rather watch shows about teenaged girls figuring out what it means to be a monster.”

* Gender, blah, blah, blah.

A team of researchers at the New York State Psychiatric Institute surveyed 43,000 Americans and found that, by some wide margin, the rich were more likely to shoplift than the poor. Another study, by a coalition of nonprofits called the Independent Sector, revealed that people with incomes below 25 grand give away, on average, 4.2 percent of their income, while those earning more than 150 grand a year give away only 2.7 percent. A UCLA neuroscientist named Keely Muscatell has published an interesting paper showing that wealth quiets the nerves in the brain associated with empathy: If you show rich people and poor people pictures of kids with cancer, the poor people’s brains exhibit a great deal more activity than the rich people’s. (An inability to empathize with others has just got to be a disadvantage for any rich person seeking political office, at least outside of New York City.) “As you move up the class ladder,” says Keltner, “you are more likely to violate the rules of the road, to lie, to cheat, to take candy from kids, to shoplift, and to be tightfisted in giving to others. Straightforward economic analyses have trouble making sense of this pattern of results.”

Our New Politics of Torture.

The Cost of US Wars Since 9/11: a mere $1.6 Trillion.

The CIA has to approve every script for spy drama The Americans.

* Here’s what’s in the new issue of The Journal of Puerile Mathematics.

* Preach! Scientists Agree Work Makes You Wake Up Too Early.

United States Passes Old Soviet Union For Largest Prison System In History.

“Police Shoot, Kill [X].”

Visibility As Violence On Social Media.

‘Bullsh*t jobs’: Guerrilla posters welcome commuters back to work.

In Preventing Trans Suicides, ‘We Have Such A Long Way To Go.’

The True Cost of Teach For America’s Impact on Urban Schools.

* I can’t believe I’d never read this before: the original script to Back to the Future is wonderfully bananas, including the “nuke the fridge” scene from Crystal Skull thrown in as a sweetener.

* Peak neoliberalism: eventheliberal Kevin Drum says an AI revolution that will be “pretty brutal for the 90 percent of the population that occupies the middle classes and below” will be a “basically positive” development.

* PS: Drum might have been overestimating the timetable here. In 10 years, your job might not exist.

The paper makes no claims about in-person classes or very large online courses, but says that the study’s findings provide “the first evidence that increasing class sizes in the online context may not degrade the quality of the class.” And the paper says that “these results could have important policy and financial implications.”

‘Philosophy is for posh, white boys with trust funds’ – why are there so few women?

What To Do When You Discover Your Co-Worker Writes Erotic Hulk Fanfic.

Anti-terror plan to spy on toddlers ‘is heavy-handed.’ Well, that’s debatable.

67 Science Fiction And Fantasy Movies To Watch Out For In 2015.

The 20 Worst Films Of 2014.

The 10 Most Insignificant Wars in History.

A Nuclear Plant Leaked Oil Into Lake Michigan For Two Months Straight.

* Our Animal Hell.

Police say at least 30 people are sleeping permanently in Madrid airport’s terminal 4 but the number goes up in winter.

In 1997 the Swedish parliament wrote into law a “Vision Zero” plan, promising to eliminate road fatalities and injuries altogether. “We simply do not accept any deaths or injuries on our roads,” says Hans Berg of the national transport agency. Swedes believe—and are now proving—that they can have mobility and safety at the same time.

* Cell Phones Don’t Seem to Cause Brain Cancer.

We lost our son to football and brain disease. This is our story.

They Might Be Giants, Again: The Adult Comeback of a Cult Band. Even Dial-a-Song is back.

* Science fiction poetry: “Sci-Fi Violence.”

Most Citizens of the Star Wars Galaxy are Probably Totally Illiterate.

* Star Trek: The Next Generation in forty hours.

* It’s good to get ahead of things: Should Martians Pay U.S. Taxes?

“Hold for release till end of the world confirmed.”

* And the winner of the Worst Thing Written in 2015 has been announced. Thank you for your interest and we hope to see you again in 2016.

Written by gerrycanavan

January 7, 2015 at 8:30 am

Posted in Look at what I found on the Internet

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Weekend Links!

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* Malcolm Harris reviews Ivory Tower.

Speaking for the elite private liberal arts school is Wesleyan President Michael Roth, who argues for small classes, a balanced education and a lot of contact with professors. “Ivory Tower” gives Roth a fair hearing, but he can’t avoid coming off like a huckster of humanities when pitching the $60,000-plus annual price tag to the parents of potential students. (Hell, for 60 grand you could rent an apartment in Brooklyn and your own post-grad fellow.) The cost of this kind of education makes it both a model of learning for learning’s sake — yes, a high cost but a priceless reward — and totally inaccessible to most young people.

* Euclid: The Game!

* Massive data dump on academic employment.

* Vladimir Nabokov’s Unpublished Screenplay Notes For Stanley Kubrick’s ‘Lolita.’

Darmok and Jalad at Tanagra. Ian Bogost, when the walls fell.

Let’s pretend that we want to start an organization to defend the rights of people across the globe that has no affiliation to any government or corporate interest. No More Imperial Crusades.

* Prosecutors closing in on Chris Christie and Scott Walker. How the State of Wisconsin alleges Scott Walker aides violated the law, in 1 chart.

* Aren’t You A Little Short To Be A Stormtrooper? The Passing of the Armor to A Bullied Little Girl. Fighting bullies with stormtroopers.

* The golden age of girls’ running.

Higher Ed Pays a High Price for Mediocrity.

* James Madison University Punished Sexual Assault With ‘Expulsion After Graduation.’ Department of Education Offers Proposed Campus Sexual Assault Regulations. Rape Victims At Fundamentalist Christian College Say They Were Told To Repent For Their Sins.

* “Turn Detroit into Drone Valley.” Sigh.

* “The death of a great American city: why does anyone still live in Detroit?”

* “By denying water service to thousands, Detroit is violating the human right to water.”

* The death of the mall.

* What we Yo about when we Yo about Yo.

* In celebration of Juneteenth.

* I’m losing hope for Episode 7, but Episodes 8 and 9 have promise.

* One more on LouieThis isn’t a model for romance. It’s a blueprint for abuse.

Labor and the Locavore shows that our society’s tendency to idealize local food allows small farmers to pay workers substandard wages, house them in shoddy labor camps, and quash their ability to unionize to demand better working conditions.

* “It’s a much bigger, more powerful question to ask, If today we are using management techniques that were also used on slave plantations,” she says, “how much more careful do we need to be? How much more do we need to think about our responsibility to people?”

* The secret history of Chief Wahoo.

* When drones crash.

Pennsylvania Instructed Its Employees To Ignore Residents Sickened By Drilling. Duke Energy Was Warned About Potential For Dan River Spill Decades Ago, Documents Show.

* The Lost Generation.

* Marriage, kids, college, and class.

* Great moments in governance.

In Kansas, 9-year-old Spencer Collins has been told by authorities that he must stop sharing books with his neighbors, and close the little free library–honestly, it’s just a bookshelf–in his yard.

* The “good” Anthropocene?

* The sixth season of The Twilight Zone we almost had.

* And Better Call Saul already has a second season. We just have to wait to see if that’s a good thing or a bad thing…

Spring Break So Close You Can Taste It Links

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* Sing to me, Muse, of Fredric Jameson. I’ve never understood the “worst writer” slam against Fred; alongside all the other good things I’d have to say about his work I think he’s actually very clear and precise.

* CFP for the 2014 Marxist Literary Group at the Banff Centre: Energy, Environment, Culture.”

* CFP: Bruce Springsteen Studies.

* Once upon a time in America this was called advocating for justice. But in today’s America, it’s deemed a miscarriage of justice.

* Meanwhile. My god. And my god. And my god. And my god. The US courts are just a bottomless nightmare.

Obama knew CIA secretly monitored intelligence committee, senator claims. Yes we can!

* Freddie deBoer on the unbearable lightness of always voting Democrat.

* The unbearable whiteness of Project X.

* 25 Years of Declining State Support for Public Colleges. Many Colleges ‘Hoard’ Endowments During Rough Economic Times. The Rising Cost of Not Going to College.

* Service, Sex Work, and the Profession.

* The SATs have been provably racist and classist for decades with no improvements; Canavan’s Razor would suggest that’s the entire point. But this time…

The “trigger warning” has spread from blogs to college classes. Can it be stopped? Content Warnings and College Classes. The Trigger Warned Syllabus. We’ve gone too far with ‘trigger warnings.’ I think this kind of “trigger warning” — and even offering alternative assignments when circumstances warrant — is very often good pedagogy on the level of the individual classroom; I did so this semester when teaching Lolita, somewhat reluctantly, but I’d come to feel it was necessary. I’m very skeptical it would ever be a good idea at the level of administration or policy.

An Elegy for Academic Freedom.

* 10 Unintentionally Horrifying Statues of Famous People.

* Tendrils of the invisible web: the undersea cables wiring the Earth.

“Wearing Google Glass automatically means that all social interaction you have must be not just on yours, but Google’s terms,” Adrian Chen wrote at Gawker almost a year ago, when we all first cringed in fear.

* You know every cop is a criminal: David Cameron’s porn-filter advisor arrested for possession of images of sexual abuse of children.

* Child in wet bathing suit made to stand in -5F weather because school policy forbade her from waiting in teacher’s car.

* The Civ V files: Never Move Your Settler?

The Fetishization of Lupita Nyong’o.

* Who owns the Oscar selfie?

* Zombie Studies in the WSJ.

Why Sweden has so few road deaths.

* Durham school board joins teacher tenure lawsuit.

According to a New Study, Nothing Can Change an Anti-Vaxxer’s Mind.

Activists Erect A Monument To Rape Survivors On The National Mall.

How Gun Violence is Devastating the Millennial Generation.

* Sea Level Rise Threatens The Statue Of Liberty And Hundreds Of Other Cultural Heritage Sites. Chipotle Warns It Might Stop Serving Guacamole If Climate Change Gets Worse. But don’t worry! President Obama’s New Budget Is Peppered With Efforts To Tackle Climate Change. Peppered!

Milwaukee shuts down Little Caesars for day over rodent droppings. A whole day! That’ll show ’em.

Cheerleader Sues Parents for Refusing to Pay College Tuition. Gambler sues, says he lost $500,000 playing drunk. Having not heard any of the evidence or consulted any of the relevant laws, Canavan Court rules in favor of both plaintiffs!

* How do you remember a massacre?

* How did DC manage to cast anyone but Bryan Cranston as Lex Luthor — much less Jesse Eisenberg? It’s a crime.

* Pretty mediocre hoax. Everyone knows Mattel has had working hoverboards since the 80s anyway.

A Letter From Ray Jasper, Who Is About to Be Executed.

* And I try not to get sucked into the wingnut-said-something-crazy! scene anymore, but every once in a while: my god.

Written by gerrycanavan

March 5, 2014 at 10:12 pm

Wednesday Links!

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* The law, in its majestic equality… Rejecting Man’s Bid For Refugee Status, Court Rules Climate Change Is Not ‘Persecution.’

New Kenyan Sci-Fi Series Imagines Immigration In Reverse, As Africa Becomes World’s Oasis.

“I haven’t read any superhero comics since I finished with Watchmen,” [Moore] said in a discussion on his latest work, Fashion Beast. “I hate superheroes. I think they’re abominations. They don’t mean what they used to mean. They were originally in the hands of writers who would actively expand the imagination of their nine-to-13-year-old audience. That was completely what they were meant to do and they were doing it excellently. These days, superhero comics think the audience is certainly not nine to 13, it’s nothing to do with them. It’s an audience largely of 30-, 40-, 50-, 60-year old men, usually men. Someone came up with the term graphic novel. These readers latched on to it; they were simply interested in a way that could validate their continued love of Green Lantern or Spider-Man without appearing in some way emotionally subnormal. This is a significant rump of the superhero-addicted, mainstream-addicted audience. I don’t think the superhero stands for anything good. I think it’s a rather alarming sign if we’ve got audiences of adults going to see the Avengers movie and delighting in concepts and characters meant to entertain the 12-year-old boys of the 1950s.”

* Rortyblog: How to Waste a Crisis.

In what sense is this neoliberal? Some of this could be viewed as an attempt to create market citizens, and an ideological story can be told about how the right’s current program fully shifts risks to the individual and makes them an even more conscious participant in managing their own risks. But on its face, it looks a lot like class war, full stop. Mirowski never explains why the ideological project of market subjectivity serves any other purpose but class war, or why, even when neoliberal tenets about embracing precarity as liberation have taken hold broadly, the movement continues to fuel itself with reactionary ressentiment. If neoliberalism is not class war, why hasn’t it been content with winning?

* National Humanities Report Reinforces Stereotypes about the Humanities.

The report’s emphasis on skills over content occurs even when it specifically addresses humanities research, or the production of knowledge, itself. For example, the most sustained definition “The Heart of the Matter” gives of humanities research is that research in the humanities “enables us to see the world from different points of view so that we may better understand ourselves” (38). This definition frames the purpose of humanities research as helping us to broaden our perspective and to understand ourselves better, not as making new discoveries and producing new knowledge about our past and our present. Such a definition, again, reduces the production of complex humanistic knowledge to the transmission of generally applicable skill-sets. This reaffirms one of the major criticisms leveled at the humanities today: that the subjects humanists study are impractical, useless, and unimportant. By defending the value of the humanities on the grounds that the most important thing humanities disciplines do is teach important skills, we concede the point that the specific knowledge humanistic disciplines produce is unimportant.

* Universities need to teach things, or else they are strip malls.

The Pope Just Published One Of The Most Powerful Critiques Of Modern Capitalism That You Will Ever Read. Evangelii Gaudium. “I prefer a church which is bruised, hurting and dirty because it has been out on the streets, rather than a church which is unhealthy from being confined and from clinging to its own security.”

* More Vatican-City-style communism! 14 Genius Ideas The U.S. Should Seriously Consider Adopting.

Over 176 Pounds? The morning after pill probably won’t work for you. The comments (which of course are terrible) reveal other instances of this kind of body normativity in medicine that I simply had no idea about.

* No Animals Were Harmed: Inside the AHA.

These employees allege, and available AHA internal evidence supports their claims, that the organization distorts its film ratings, downplays or fails to publicly acknowledge harmful incidents and sometimes doesn’t seriously pursue investigations. The AHA staffers agreed to speak because they say they have lost hope in the potential for meaningful reform unless outside pressure is brought to bear. (They all have insisted on maintaining their anonymity for fear of retribution.)

* 10 Former Players Sue NHL Over Concussions.

* As Costs Are Cut, Inmates Fill Gap in Fighting Wildfires.

African-American girl faces expulsion over ‘natural hair.’ The school has elected not to get sued into oblivion at this time.

First Business Licensed To Sell Recreational Marijuana.

* 23andMe gets a letter from the FDA. My deadly genetic disease was just a bug.

* Adam Roberts is annoyed that hypertrophic spoilerphobia won’t let him write a proper review of Maddaddam (though he basically does anyway).

To be clear, shale drilling has created jobs, particularly in Pennsylvania and West Virginia, and cushioned some drilling-intensive areas in these states from the worst effects of the Great Recession and the weak recovery. The number of actual shale jobs created, however, is far below industry claims. Shale employment remains a small share of overall employment and has made little difference in job growth in any of the six states studied.

Being a professor is like having a white collar job.

The compounding disadvantages of adjunct life.

What Alt-Ac Can Do, and What It Can’t.

The national conservative movement is waging a war… in SeaTac. That’s a weird sentence. Out of all the places to wage a political fight, why would conservatives and the infamous Koch Brothers choose a Pacific Northwest village of 26,000 that most Americans have probably never heard of?

A guide to surviving Obamacare debates at Thanksgiving. How To Pick a Fight With Your Relatives This Thanksgiving.

* And Three Weeks Before Vladimir Nabokov’s Lolita, There Was Dorothy Parker’s. 

Sunday™ Reading™ Accept No Substitutes®

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* 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.

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