Yeah, and the ship sailed from Kolkata in Bengal, which suffered a genocidal famine in WWII because the British were extracting so much capital from it. And who got the recovered silver in the end? The fucking British government.
The Concert of Europe was a real political thing, created almost by accident in the treaties that ended the Napoleonic Wars and arranged the new European reality. The states writing the treaty meant only to guarantee that they held “Great Power” status. They wanted to be able to control…
This, we’re told, is the year female rappers will break their way back into the mainstream, ending the long period of silence for women in the industry.
"We’ve gone backwards," [MC Lyte] said, noting that the space she and others helped open up for women rappers appears to have closed off. "This is pretty much what it was like when women weren’t able to get major recording and release opportunities."
She offered a number of explanations for the shift, but one of her points in particular caught my attention. According to Lyte, it’s far more risky to sign women artists today because of the costs associated with their physical appearance. Hair, make-up and wardrobe all add up, she said, and therefore women — who already face an uphill battle when it comes to selling records — become an even more questionable business proposition.
It’s an argument I’ve heard before, not only from other well-known artists, but from industry executives who cast themselves as the victims of unfortunate circumstances. It’s a shame that we don’t have more women recording, these executives lament, but they are just too expensive. While I have doubts about this to begin with — are we really supposed to believe that the crushing cost of hair and make-up has pushed a multibillion dollar hip-hop industry away from women? — it does reveal a disturbing assumption about women in hip-hop: that what they look like is at least as important as their musical talent.
We don’t have any money to save, and even if we did, we’ve spent our entire lives watching the value of it drop.
If my dollar is going to be worth 95 cents next year, shouldn’t I use it now?
tcharlatan, dropping a perfectly succinct summation of why people living in the new economy don’t manage our money the way people who enjoyed last generation’s economy think we should and why old economic advice is often N/A bullshit. (via moniquill)
Yes because inflation is SOmuch higher now than it was in the past. I admit that young people have it hard these days but that argument is total bullshit.