Gerry Canavan

the smartest kid on earth

Posts Tagged ‘postmodernity

So, So, So Many Wednesday Links!

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* Just in time for my next trip to Liverpool, the research from my last trip to Liverpool five years ago is finally published! “‘A Dread Mystery, Compelling Adoration’: Olaf Stapledon, Star Maker, and Totality.”

* Social Text interviews Fredric Jameson: “Revisiting Postmodernism.”

Is this sympathy for these arts of the past why in your recent work you returned to questions of modernism and realism?

The series you are alluding to [The Poetics of Social Forms] was always planned that way. I mean, I started with utopias, that is, science fiction and the future; then I went to postmodernism, which is the present, and so I’m making my way back into a certain past—to realism and then on to allegory and to epic and finally to narrative itself, which has always been my primary interest. Maybe indeed I have less to say about contemporary works than about even the recent past; or let’s say I have built up a certain capital of reading but am not making any new and exciting investments any longer. It’s a problem: you can either read or write, but time intervenes, and you have to choose between them. Still, I feel that I always discover new things about the present when working on these moments of the past. Allegory, for example, is both antiquated and surprisingly actual, and the work on museum pieces suddenly proves to make you aware of present-day processes that you weren’t aware of.

* George Saunders has finally written a novel, and I’d bet it’s not what you were expecting.

* Marquette will pilot a J-term.

* Earth First, Then Mars: An Interview with Kim Stanley Robinson.

* Relatedly: Would it be immoral to send out a generation starship?

The Tuskegee Experiment Kept Killing Black People Decades After It Ended.

* A Brief History of Marilyn Monroe Reading Ulysses. Nabokov’s Hand-Drawn Map of Ulysses.

ClcQJJfWQAA_kon* Donald Trump Far Behind Hillary Clinton in Campaign Cash. More. More. More! The only credible answer is that it is difficult or perhaps even impossible for him to produce these comparatively small sums. If that’s true, his claim to be worth billions of dollars must either be a pure sham and a fraud or some artful concoction of extreme leverage and accounting gimmickry, which makes it impossible to come up with actual cash. Even the conservative NRO! Unraveling Con. The United States of Trump. Will Trump Swallow the GOP Whole? This number in Donald Trump’s very bad fundraising report will really worry GOP donors. The Weird Mad Men Connection. There is “Incredibly Strong Evidence” Donald Trump Has Committed Tax Fraud. And these had already happened before the FEC report: Ryan Instructs Republicans to Follow Their ‘Conscience’ on Trump. Scott Walker agrees! Top GOP Consultant Unleashes Epic #NeverTrump Tweetstorm. Donald Trump Agreed to Call 24 Donors, Made It Through Three Before Giving Up. And the polls, my god, the polls. There Is No Trump Campaign. If things go on this way, can the Democrats retake the House? Endgame for the grift, just as Alyssa Rosenberg tried to warn us. How to Trump.

But this one is still my favorite:

* Meanwhile, the DNC’s oppo file on Trump seems surprisingly thin. This Is the Only Good Oppo Research the DNC Has on Trump.

In a Chicago Tribune article from 1989 (which Buzzfeed actually discovered just under a week ago), Donald Trump reveals that he “doesn’t believe in reincarnation, heaven, or hell.” As far as the DNC is concerned, though, it’s Trump’s apparent lack of faith in God’s eternal kingdom, specifically, that’s damning enough for use as ammo.

* Read Sonia Sotomayor’s Atomic Bomb of a Dissent Slamming Racial Profiling and Mass Imprisonment.

* Cognitive dissonance watch: Could Congress Have Stopped Omar Mateen From Getting His Guns? Gun control’s racist reality: The liberal argument against giving police more power. How I Bought an AR-15 in a Five Guys Parking Lot.

Anti-Brexit British MP Assassinated on the Street.

Venezuelans Ransack Stores as Hunger Grips the Nation.

The TSA Is Bad Because We Demand That It Be Bad. One Woman’s Case Proves: It’s Basically Impossible to Get Off the ‘No-Fly List.’

* The hack that could take down New York City.

* Rethinking teaching evaluations.

* Study Finds 1 out of 10 Cal State Students is Homeless.

What Are College Governing Boards Getting From Their Search Firms?

Saying victims are to blame, at least in part, for their sexual assaults is a legal tactic used by many colleges accused of negligence.

How Not to Write About College Students and Free Speech.

* Once they killed a president with a diet of beef bouillon, egg yolks, milk, whiskey and drops of opium, delivered rectally.

* A map of North America, in Tolkien’s style. Keep scrolling! There’s many more links below.

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On Thursday, Philadelphia became the first major US city to adopt a tax on carbonated and sugary drinks. I’d rather see an outright ban than an attempt to turn it into a permanent revenue stream. New “soda tax” measures show just how narrow the liberal vision has become.

* Missing Barnes and Noble.

It’s not the right question to ask “how do I get 200 students with laptops in a lecture hall to learn my course material?” Why are they in a lecture hall for 50 minutes, three days a week for 15 weeks or whatever the schedule is? Why do they need to learn the material in your course?

* The illusion of progress: Ditching the headphone jack on phones makes them worse.

* The mind behind UnREAL.

* We’re All Forum Writers Now.

Space Travel Has ‘Permanent Effects,’ Astronaut Scott Kelly Says.

* Sherryl Vint on China Miéville’s The Census-Taker, a book that wasn’t especially well-received by the other critics I’ve read.

At the moment, Netflix has a negative cash flow of almost $1 billion; it regularly needs to go to the debt market to replenish its coffers. Its $6.8 billion in revenue last year pales in comparison to the $28 billion or so at media giants like Time Warner and 21st Century Fox. And for all the original shows Netflix has underwritten, it remains dependent on the very networks that fear its potential to destroy their longtime business model in the way that internet competitors undermined the newspaper and music industries. Now that so many entertainment companies see it as an existential threat, the question is whether Netflix can continue to thrive in the new TV universe that it has brought into being.

* Waukegan group offers tours to raise awareness for proposed Ray Bradbury museum.

* What’s happening in Oakland is incredible.

* #TheWakandaSyllabus. Trump 101. A response to the Trump Syllabus.

* Secrets of my blogging: Study: 70% of Facebook users only read the headline of science stories before commenting.

Homeless in Seattle: five essays.

* Jay Edidin on How to Be a Guy: After Orlando.

* Cunning Sansa, or Dim Sansa? Game of Thrones’ bungled Arya plot explains why George R.R. Martin’s taking so long to finish the books.

* Presenting the world’s ugliest color.

The Unbelievable Tale of Jesus’s Wife. I want to believe!

* “People believe that a plane is less likely to crash if a famous person is among the passengers.”

* Death of a startup.

* Such a sad story: Alligator Drags Off 2-Year-Old at Disney Resort in Orlando. My son turns two today, which is almost too much to bear in juxtaposition with this headline.

* The Pixar Theory of Labor.

* The boys are back in town. It’s too late for you. It’s too late for all of us now.

Now new research helps explain the parental happiness gap, suggesting it’s less about the children and more about family support in the country where you live.

The Microsoft founder and philanthropist recently said he would donate 100,000 hens to countries with high poverty levels, mostly in sub-Saharan Africa but including Bolivia. Bolivia produces 197m chickens annually and has the capacity to export 36m, the local poultry producing association said.

* “Why Chris Pine says you can’t make Star Trek cerebral in 2016.” Respectfully disagree. Meanwhile, sad news in advance of next month’s release of Star Trek Beyond.

That Scrapped Star Wars TV Show Would’ve Starred a Sympathetic, Heartbroken Emperor. Sounds like they were aiming at a version of Daredevil‘s Kingpin plot.

* Laying down my marker now that Flashpoint won’t save The Flash from its downward spiral. Meanwhile, DC seems utterly spooked by the failure of Batman v. Superman and has opened the set of Justice League to reporters to try to spin a new narrative. Lynda Carter is your new POTUS on CW’s Supergirl. Syfy’s Krypton Show Already Sounds Goofy as Shit.

There really was a creepy fifth housemate lurking in cult British TV show The Young Ones.

* In praise of She-Ra.

* Two thousand miles away from the U.S. A-bomb tests in 1945, something weird was happening to Kodak’s film.

Why NASA sent 3 defenseless Legos to die on Jupiter. Earth’s New ‘Quasi’ Moon Will Stick Around for Centuries. Astronomers say there could be at least 2 more mystery planets in our Solar System.

Proportional Pie Chart of the World’s Most Spoken Languages.

* True stories from my childhood having purchased the wrong video game system: 10 of the best Sega Genesis games that deserve a comeback.

* Life is short, though I keep this from my children.

* And Quantum Leap is back, baby! I have five spec scripts in my desk ready to go.

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Written by gerrycanavan

June 22, 2016 at 9:00 am

Posted in Look at what I found on the Internet

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All The Wednesday Links!

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* I got some really good news the other day: an NEH Summer Stipend! Here’s the full list of $22.8 million in awards and offers for 232 humanities projects.

* Two of the poems from the award-winning first collection of my partner, Jaimee Hills, are up at Waywiser Press: “Synaesthesia” and “Derrida Eats a Dorito.”

* I taught #GamerGate in my video game class yesterday. It wasn’t my favorite day of the semester, not by a long shot, but TNI‘s “Gaming and Feminism” post was a great help, particularly the link to Tropes Vs. Women in Video Games: Women as Background Decoration: Part 2 and Playing with privilege: the invisible benefits of gaming while male. I didn’t spend that much time on it, but I’m still tickled by Why So Few Violent Games?

Salvage-Marxism embraces the Socialist rococo, the feel-good where we can and the feel-bad where we must, the utopian and the unflinching. Salvage will bring together the work of those who share a heartbroken, furious love of the world, and our rigorous principle: Hope is precious; it must be rationed.

An ontology of the present is a science-fictional operation, in which a cosmonaut lands on a planet full of sentient, intelligent, alien beings. He tries to understand their peculiar habits: for example, their philosophers are obsessed by numerology and the being of the one and the two, while their novelists write complex narratives about the impossibility of narrating anything; their politicians meanwhile, all drawn from the wealthiest classes, publicly debate the problem of making more money by reducing the spending of the poor. It is a world which does not require a Brechtian V-effect since it is already objectively estranged. The cosmonaut, stranded for an unforeseeable period on this planet owing to faulty technology (incomprehensibility of set theory or mathemes, ignorance of computer programmes or digitality, insensibility towards hip-hop, Twitter, or bitcoins), wonders how one could ever understand what is by definition radically other; until he meets a wise old alien economist who explains that not only are the races of the two planets related, but that this one is in fact simply a later stage of his own socio-economic system (capitalism), which he was brought up to think of in two stages, whereas he has here found a third one, both different and the same. Ah, he cries, now I finally understand: this is the dialectic! Now I can write my report! Fredric Jameson, “The Aesthetics of Singularity.”

Terry Pratchett: “Not having battles, and doing without kings.”

* Confabulation in the humanities.

Fantasy scholarship needs theory. Badly.

The first African science fiction short story? Leonard Flemming’s ‘And So It Came To Pass.’

* Adam Kotsko: Notes toward an overanalysis of a failed sci-fi spin-off.

Did the Anthropocene Begin with the Deaths of 50 Million Native Americans? Defining the Anthropocene. The Inhuman Anthropocene.

* Scars of the Anthropocene: Japan builds a sea wall.

Nestle Continues Stealing World’s Water During Drought. A $600-Million Fracking Company Just Sued This Tiny Ohio Town For Its Water.

Devastating report finds humans killed almost 3 million whales last century.

Costa Rica powered with 100% renewable energy for 75 straight days.

It’s May 2065, and Cornell’s Dean of Nonlitigable Revelry is angry. So good.

Welcome to Ohio State, Where Everything Is for Sale.

It’s true that some of the faculty opposed this deal (but only 84 percent,according to a survey), and it’s also true that since the Australian takeover, prices for parking permits have gone through the roof. But it is not true, as has been reported in some places, that faculty have formed hitchhiking co-ops because they can no longer afford to park on campus.

The important point here is that this deal puts the lie to the complaint we hear so often that college doesn’t prepare people for the real world. Our CFO, the guy who orchestrated this deal, has just landed a very lucrative job with the Australian firm he sold the parking to. It’s called synergy, baby! Look it up.

* Ayn Rand comes to UNC.

* UW Struggle: A Funny Thing Happened on the Way to the Public Authority Edition. This Is What Wisconsin’s 2.5% Budget Cut Looks Like.

Sweet Briar Alumnae Outline Legal Case Against College.

U.Mass. Faces $3B in Debt. reclaimUC: “That’s nothing.” More links below the chart.

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New York Attorney General Is Investigating Cooper Union’s Decision to Charge Tuition.

* “Why Tenure Matters.” Holy moly.

A former administrator at Chicago State University has accused its president and other officials of firing her in part because she refused their demands that she file a false sexual-harassment charge against a faculty member critical of the leadership.

University protests around the world: a fight against commercialisation.

* Free expression and academic labor.

It’s that mass contigency– the dramatic rise of at-risk academic labor like adjuncts and grad students– that creates the conditions that Cooke laments on campus. In the past, when a far higher portion of college courses were taught by tenured professors, those who taught college courses had much less reason to fear reprisals from undergraduates. They had the protection of the tenure system and often the benefit of faculty unions that could agitate on their behalf. But with so many instructors in a state of minimal institutional protection or authority, lacking long-term contracts, benefits, or collective bargaining, the risk of angered students multiplies. Adjuncts don’t even need to be fired; they can just not get any classes the next semester. Grad students don’t even need to be fired; they can just have their job applications placed on the deny pile. This is why I think the problem is actually probably much larger than the high-profile anecdotes would suggest. The greatest impediment to real pedagogical and political freedom on campus is self-censorship due to labor insecurity. Discussion of contingency is almost entirely absent in Cooke’s essay.

* Academics talking about money.

On the Meaning of “Natural Born Citizen.”

What If Education Reform Got It All Wrong in the First Place?

* Nearly a quarter century ago, “A Nation at Risk” hit our schools like a brick dropped from a penthouse window. One problem: The landmark document that still shapes our national debate on education was misquoted, misinterpreted, and often dead wrong.

Education is not a design problem with a technical solution. It’s a social and political project neoliberals want to innovate away.

What Happens When A 38-Year-Old Man Takes An AP History Test?

How one dad opted out his kindergartner from standardized testing.

Trying the 12-year-old “Slender Man” stabbers as adults is as illogical and barbaric as they are.

Plane Safety Cards Explained.

*A University of Calgary professor has written “the first scholarly study of the Archie comic,” titled Twelve-Cent Archie. Though some of his colleagues were skeptical, his motivation, Bart Beaty explains, was “to really challenge the kind of snobbery that’s inherent in the way that comics aren’t studied.” 

* Meanwhile, we live in very weird times: Archie vs. Predator.

* Ted Cruz, I think, speaks for us all: “My music tastes changed on 9/11.”

Lead prosecutor apologizes for role in sending man to death row.

* BREAKING: your weed killer is poisonous.

America’s race problem has been solved, and it was easier than you would have thought.

SF Bishop Sorry Sprinklers Installed To Roust Homeless Were Discovered ‘Misunderstood.’

* SMBC explains Heaven.

* Worst person in the world speaks.

* If you give a lion a CAT scan.

This Floating McDonalds Has Sat Empty For 28 Years.

* There goes my Plan B: Business Owner Millions in Debt Arrested Two Years After Faking Death.

Bruised Woman On Billboard Heals When People Look At Her, Reminds Passersby Of Dangers Of Ignoring Abuse.

* “As They Lay Dying”: Two doctors say it’s far too hard for terminal patients to donate their organs.

1. An Unknown Alien Being acquires a child’s forgotten book and mistakenly beliefs that it depicts proper protocol for interaction with the human world. Mustaba Snoopy.

Texas’ brazen attempt to silence one of its most effective death penalty defense lawyers.

The Wall Street Journal reports that the leading trade group for compound pharmacists is now discouraging its members from supplying the drugs necessary for lethal injections — in what represents the first official stance the International Academy of Compounding Pharmacists (IACP) has ever taken on death penalty issues. Relatedly.

* I’m not one for tech solutions generally but they should figure out a way to put microlocal cell phone jammers in cars. Nothing else is going to stop this from happening.

* The best description of social media I’ve ever seen:

Podcast: Government Doesn’t Want Anyone to Know FBI Agents Can See They’re Creating Terrorists.

Why Health Care Tech Is Still So Bad.

The strange things people Google in every state. The most common job in every state.

Before Judges, the Godfathers Become Sick Old Grandfathers.

H-Bomb Physicist Ignores Federal Order to Cut 5,000 Words From Memoir.

​The Apple Watch Is the Perfect Wrist Piece for Dystopia.

* The Second Death of Chinua Achebe. Chinua Achebe, no longer at ease.

* Nothing gold can stay: The Zelda TV show isn’t going to happen.

* And it’s not all death and destruction: There are more museums in the U.S. than there are Starbucks and McDonalds – combined.

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Written by gerrycanavan

March 25, 2015 at 9:00 am

Posted in Look at what I found on the Internet

Tagged with , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Monday, Monday

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* The climate crisis of the 21st century has been caused largely by just 90 companies, which between them produced nearly two-thirds of the greenhouse gas emissions generated since the dawning of the industrial age, new research suggests.

* The exciting return of “Is Health Care Reform Constitutional,” and friends, this one could be a doozy. Here Is What Will Happen If The Supreme Court Strikes Down Obamacare’s Subsidies. And from the archives: Halbig, King, and the Limits of Reasonable Legal Disagreement.

* George W. Bush, meritocrat.

* It’s baaaaack: A totally legal, totally shady way that Republicans could ensure Hillary Clinton’s defeat.

* The Quest for Restoration, or, Gone Girl and Interstellar Considered as the Same Film.

* As a society, we are somewhat obsessed with the risks of dying – from car crashes, cancer, terrorists, Ebola, or any of the thousands of mortal terrors that haunt our nightly newscasts. But we’re less accustomed to consider the risks of living long – of outliving our retirement savings.

* Is Serial problematic? Serial: listeners of podcast phenomenon turn detectives – with troubling results. What Is An Ending? ‘Serial’ And The Ongoing Story Of Wanting Too Much. Alas, I listened to this this weekend and got hooked despite all my critical detachment.

* Doritos-Flavored Mountain Dew Is Real, PepsiCo Confirms. This is unfathomable. There are some lines never meant to be crossed.

* Can anyone even remember postmodernism?

* World Cup Watch: North Koreans working as ‘state-sponsored slaves’ in Qatar.

* Against spoiler alerts, in the LARoB.

The rise of spoiler-free criticism seems like a move away from criticism as art — and a move toward criticism as an arm of fandom marketing. It’s fine to not want spoilers in your criticism. But there is something distasteful about the assumption that providing spoilers is some sort of lapse in ethics or etiquette. If you don’t treat art first as a consumer product, the spoiler-free doctrine seems to suggest, you’re being cruel and unfair. But critics really are not under any obligation to like what you like or to treat art with one particular kind of reverence. In the name of preserving suspense, the command to remain spoiler-free threatens to make criticism and art more blandly uniform, and less surprising.

* On artificial intelligence in board games.

* Wikipedia’s list of deleted articles with freaky or inappropriate titles.

* Tig Notaro, national treasure.

For example, research in economics has shown that the wage gap between lighter- and darker-skinned African Americans is nearly as large as the gap between African Americans and whites. In our analysis of data from theNational Longitudinal Survey of Youth, we found that the darkest-skinned African American girls were three times more likely to be suspended at school than their lighter-skinned counterparts — a disparity that is again roughly equal to the gap between blacks and whites. Alternatively put, while African American girls are three times more likely to be suspended than white girls, the darkest-skinned African American girls are several times more likely to experience suspension.

* A boy was accused of taking a backpack. The courts took the next three years of his life.

Frenzied Financialization: Shrinking the financial sector will make us all richer. Finance as a New Terrain for Progressive Urban Politics.

Former Football Player Sues UNC Over Fake Courses. A University President’s Comments on Rape. Brown University Student Tests Positive For Date-Rape Drug at Frat Party.

* Occasion #7 is all about debt.

* Cloud computing: the race to zero.

* Telepathy is now possible using current technology.

* White men as institution.

* Let me pause and say here: of course I love many literary dudes. They are not, all of them, smug and condescending. But let me say something else: I thought for a while that the really terrible ones were time limited — that they were products of the 1950s, of a particular time period, and that it really was a viable strategy to just talk about snacks until they all retired. But I have now realized this is not true; new terrible smug dudes are coming up through the ranks. Hydra-like, smug dude attitude keeps springing forth from itself.

* The corals that came back from the dead.

* Billboard ads are expensive to construct, maintain and rent, but they don’t serve any functional purposes — so Michal Polacek redesigned them to house the homeless. The next best thing to just abolishing homelessness.

In 2012, DiMaggio released the results of his own Safe Routes to School program. Child pedestrian injury rates had plummeted, falling to half their original numbers. “We showed that kids can still be kids,” says DiMaggio. “They can walk and bike to school and be safe.” The project’s federal funding expired last year, however, and no plans exist to extend the initiative to areas beyond the immediate vicinity of the selected schools.

You don’t have to be a monster or a madman to dehumanise others. You just have to be an ordinary human being.

* Obama endorses net neutrality.

* Incredibly misleading ad placement at Amazon inside the book description makes every book seem like it was an Amazon Editors’ Favorite Book of the Year.

* “But a deep look at Mars One’s plan and its finances reveals that not only is the goal a longshot, it might be a scam.” No! No! I won’t believe it!

* How Much of a Difference Did New Voting Restrictions Make in 2014’s Close Races?

* And Jacobin remembers 1917.

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Thursday!

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* What happened in Atlanta this week is not a matter of Southerners blindsided by unpredictable weather. More than any event I’ve witnessed in two decades of living in and writing about this city, this snowstorm underscores the horrible history of suburban sprawl in the United States and the bad political decisions that drive it.

* Accreditation Standards Should Include Treatment of Adjuncts, Report Says. This has been my revolutionary scheme for a while, glad to see it could actually be feasible…

Let Banks Fail Is Iceland Mantra as 2% Joblessness in Sight.

“I wouldn’t go so far,” writes Horton of Kincaid’s central thesis that short science fiction exhibits all the signs of exhaustion. “I don’t think that ‘all meaning has been drained from’ the tropes we use, but I do think they are becoming overfamiliar. And I do think that the field of science fiction has to a considerable extent become enamoured with explicitly backward-looking ideas.”

“These findings suggest that potential harm to faculty-student relationships and academic freedom should not continue to serve as bases for the denial of collective bargaining rights to graduate student employees.”

* Boom: A Journal of California interviews Kim Stanley Robinson.

* My friend Jack Hamilton eulogizes Pete Seeger.

What STEM shortage? Electrical engineering lost 35,000 jobs last year.

* Utterly horrifying: Hanover College Told Rape Victim That Attempting To Have Her Alleged Rapist Punished Is Harassment.

California is thirsty.

* UNC: We failed students “for years.”

* Maps of Hip America.

* Many watchdogs believe the police are killing more innocent Americans than ever. But here’s why they can’t be sure.

* Occupy and the Academy.

* Stradivarius violin stolen in armed robbery in Milwaukee. Said to be the biggest heist in city history.

* Some Notes on the MLA Job Information List.

* What do unionizing NCAA players want? NCAA Should Be Begging for a Union.

* Capitalism, the infernal machine: An interview with Fredric Jameson.

* The police union as philosophical problem.

* The Rise of the Post-New Left Political Vocabulary.

* …41 percent of transgender and gender non-conforming people have attempted suicide, a rate far higher than the national average of 4.6 percent.

New York Senate passes bill punishing ASA over Israel boycott.

* More on Ezra Klein’s very strange idea.

* Batgirl advocates for equal pay for equal work.

* Saturday Morning Breakfast Cereal wins every prize today.

* So does this Ice-T impersonator prank calling noted Ice-T impersonator Paul F. Tompkins (as played on the second episode of the new Ice-T podcast starring Ice-T).

New York City commissioner’s ancestors were slaves of Benedict Cumberbatch’s family.

Climate Change Is Already Causing Mass Human Migration.

10 Failed Utopian Cities That Influenced the Future.

* And The State reunites (for a segment anyway)…

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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Fall Courses: ‘Postmodern American Fiction’ and ’21st Century Science Fiction’

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ENGLISH 4560/5560: Postmodern American Fiction! Pale Fire! Beloved! Dawn! House of Leaves! And more!

ENGLISH 4710/5710: 21st Century Science Fiction! Stories of Your Life and Others! The City and the City! Oryx and Crake! Fledgling! And more!

Written by gerrycanavan

August 19, 2013 at 8:31 pm

A Project Even More Vital Than That of the Relentless Critique of Everything Existing

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Written by gerrycanavan

December 15, 2010 at 11:02 am