Glossary
The Bank of England logic where private financiers keep upside while the nation-state and people absorb losses.
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profits privatized, losses socialized
The Bank of England logic where private financiers keep upside while the nation-state and people absorb losses.
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"...first is the idea of um profits are privatized losses are socialized if you're a rich person in the world you want to put..."
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"...it's the same system now where profits are privatized, losses are socialized, and where it's important to open the country up to capital movement...."
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"...is another lesson that you will learn this semester. We are socialized into mundanity. Our true selves are divine. Okay? You're normal. You're boring...."
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"...voices were always there. We just forgot about it because we're socialized to forget about the different forces, the different voices that exist along..."
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"...tremendous depression, okay? Does that make sense? So, we are not socialized into empathy, we are socialized out of empathy. We're born into empathy,..."
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