BITS & BRIEFS: NY Fiscal Crisis and austerity politics // Capitalism v. Nature // Employer is more powerful than a state // On derivatives with Randy Martin // Currency without Central Bank

This time — especially worth reading (and sharing) articles:

> How bankers and technocrats used the 1975 New York Fiscal Crisis to permanently reshape the city: the early and exemplary case of imposing neoliberal austerity — an interview with Kim Phillips-Fein, an author of Fear City: New York’s Fiscal Crisis And The Rise Of Austerity Politics

> “Capitalism is a way of organizing nature… [It looks for] new parts of nature that have not been commodified or brought into the cash nexus” — an interview with Jason W. Moore, an author of Capitalism in the Web of Life 

> How did employers gain power over nowadays workers’ lives that the government itself doesn’t hold? Miya Tokumitsu’s insightful reflection on James Livingston’s No More Work and Elizabeth Anderson’s Private Government

> Randy Martin: “Derivatives emerge from the space between the measurable and the immeasurable”. McKenzie Wark analyzes derivatives and their logics through Martin’s intellectual contribution

> The odd case of orphaned currency: Since 1991 Somali shillings are in circulation without Central Bank — by J.P. Koning

capitalism

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