David Graeber
c/david-graeber
Lectures, interviews, and talks by David Graeber — anthropologist, anarchist, author of Debt: The First 5,000 Years, Bullshit Jobs, and The Dawn of Everything.
c/david-graeber
Lectures, interviews, and talks by David Graeber — anthropologist, anarchist, author of Debt: The First 5,000 Years, Bullshit Jobs, and The Dawn of Everything.
…profit accumulation in capitalism. If you look at, like, I think 2009, the last figures are available. Biggest bank in America is JPMorgan Chase. 71% of their profits came from fees and penalties. So basically what they do for a living is they make up…
…profit accumulation in capitalism. If you look at, like, I think 2009, the last figures are available. Biggest bank in America is JPMorgan Chase. 71% of their profits came from fees and penalties. So basically what they do for a living is they make up…
…profit accumulation in capitalism. If you look at like, I think, 2009, the last figures are available, biggest bank in America is JPMorgan Chase. 71% of their profits came from fees and penalties. So basically what they do for a living is they make up…
…know, you think about it, that's actually the driving force of capitalist accumulation right now. And I'll give you an example. JPMorgan Chase. In 2009, 71% of their profits came from fees and penalties. So basically, they're making money off of making up…
…in 125 cities. The Occupy campaign plans to protest in 99 targets alone in midtown Manhattan, including the offices of JPMorgan Chase and Bank of America. Activists gathered last Thursday in New York City's Union Square to announce plans for the massive…
…bad. Actually, capitalism now works almost exclusively through utopianism of this sort. I'll give you a reason why I think this. JPMorgan Chase, largest bank in America, I think it's the most profitable firm. Anyway, it's up there. 85% of their profits in…
…a conventional story, right? Utopianism, bad. Well, if you think about it, okay, here's a statistic. A few years ago, apparently JPMorgan Chase which is the largest bank in America, one of the most profitable firms, and most profits from firms nowadays are…
…of the most profitable firms, and most profits from firms nowadays are from finance and not from actual commerce or industry. JPMorgan Chase got 85% of their profits from fees and penalties. Think about that. So basically the major source of profits in…