The Utopia of Rules Quotes

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The Utopia of Rules Quotes
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“I once attended a conference on the crises in the banking system where I was able to have a brief, informal chat with an economist for one of the Bretton Woods institutions (probably best I not say which). I asked him why everyone was still waiting for even one bank official to be brought to trial for any act of fraud leading up to the crash of 2008.
OFFICIAL: Well, you have to understand the approach taken by U.S. prosecutors to financial fraud is always to negotiate a settlement. They don't want to have to go to trial. The upshot is always that the financial institution has to pay a fine, sometimes in the hundreds of millions, but they don't actually admit to any criminal liability. Their lawyers simply say they are not going to contest the charge, but if they pay, they havent't technically been found guilty of anything.
ME: So you're saying if the government discovers that Goldman Sachs, for instance, or Bank of America, has committed fraud, they effectively just charge them a penalty fee.
OFFICIAL: That's right.
ME: So in that case… okay, I guess the real question is this: has there ever been a case where the amount the firm had to pay was more than the amount of money they made from the fraud itself?
OFFICIAL: Oh no, not to my knowledge. Usually it's substantially less.
ME: So what are we talking here, 50 percent?
OFFICIAL: I'd say more like 20 to 30 percent on average. But it varies considerably case by case.
ME: Which means… correct me if I'm wrong, but doesn't that effectively mean the government is saying, "you can commit all the fraud you like, but if we catch you, you're going to have to give us our cut"?
OFFICIAL: Well, obviously I can't put it that way myself as long as I have this job… (p. 25-26)”
― The Utopia of Rules: On Technology, Stupidity, and the Secret Joys of Bureaucracy
OFFICIAL: Well, you have to understand the approach taken by U.S. prosecutors to financial fraud is always to negotiate a settlement. They don't want to have to go to trial. The upshot is always that the financial institution has to pay a fine, sometimes in the hundreds of millions, but they don't actually admit to any criminal liability. Their lawyers simply say they are not going to contest the charge, but if they pay, they havent't technically been found guilty of anything.
ME: So you're saying if the government discovers that Goldman Sachs, for instance, or Bank of America, has committed fraud, they effectively just charge them a penalty fee.
OFFICIAL: That's right.
ME: So in that case… okay, I guess the real question is this: has there ever been a case where the amount the firm had to pay was more than the amount of money they made from the fraud itself?
OFFICIAL: Oh no, not to my knowledge. Usually it's substantially less.
ME: So what are we talking here, 50 percent?
OFFICIAL: I'd say more like 20 to 30 percent on average. But it varies considerably case by case.
ME: Which means… correct me if I'm wrong, but doesn't that effectively mean the government is saying, "you can commit all the fraud you like, but if we catch you, you're going to have to give us our cut"?
OFFICIAL: Well, obviously I can't put it that way myself as long as I have this job… (p. 25-26)”
― The Utopia of Rules: On Technology, Stupidity, and the Secret Joys of Bureaucracy
“the Left’s current inability to formulate a critique of bureaucracy that actually speaks to its erstwhile constituents is synonymous with the decline of the Left itself. Without such a critique, radical thought loses its vital center—it collapses into a fragmented scatter of protests and demands.”
― The Utopia of Rules
― The Utopia of Rules
“The “self-actualization” philosophy from which most of this new bureaucratic language emerged insists that we live in a timeless present, that history means nothing, that we simply create the world around us through the power of the will.”
― The Utopia of Rules: On Technology, Stupidity, and the Secret Joys of Bureaucracy
― The Utopia of Rules: On Technology, Stupidity, and the Secret Joys of Bureaucracy
“A critique of bureaucracy fit for the times would have to show how all these threads—financialization, violence, technology, the fusion of public and private—knit together into a single, self-sustaining web.”
― The Utopia of Rules
― The Utopia of Rules
“The “self-actualization” philosophy from which most of this new bureaucratic language emerged insists that we live in a timeless present, that history means nothing, that we simply create the world around us through the power of the will. This is a kind of individualistic fascism. Around the time the philosophy became popular in the seventies, some conservative Christian theologians were actually thinking along very similar lines: seeing electronic money as a kind of extension for God’s creative power, which is then transformed into material reality through the minds of inspired entrepreneurs. It’s easy to see how this could lead to the creation of a world where financial abstractions feel like the very bedrock of reality, and so many of our lived environments look like they were 3-D-printed from somebody’s computer screen. In fact, the sense of a digitally generated world I’ve been describing could be taken as a perfect illustration of another social law—at least, it seems to me that it should be recognized as a law—that, if one gives sufficient social power to a class of people holding even the most outlandish ideas, they will, consciously or not, eventually contrive to produce a world organized in such a way that living in it will, in a thousand subtle ways, reinforce the impression that those ideas are self-evidently true.”
― The Utopia of Rules: On Technology, Stupidity, and the Secret Joys of Bureaucracy
― The Utopia of Rules: On Technology, Stupidity, and the Secret Joys of Bureaucracy
“Bureaucracy holds out at least the possibility of dealing with other human beings in ways that do not demand either party has to engage in all those complex and exhausting forms of interpretive labor described in the first essay in this book, where just as you can simply place your money on the counter and not have to worry about what the cashier thinks of how you're dressed, you can also pull out your validated photo ID card without having to explain to the librarian why you are so keen to read about homoerotic themes in eighteenth century British verse.”
― The Utopia of Rules: On Technology, Stupidity, and the Secret Joys of Bureaucracy
― The Utopia of Rules: On Technology, Stupidity, and the Secret Joys of Bureaucracy
“There is a whole school of thought that holds bureaucracy tends to expand according to a kind of perverse but inescapable inner logic. The argument runs as follows: if you create a bureaucratic structure to deal with some problem, that structure will invariably end up creating other problems that seem as if they, too, can only be solved by bureaucratic means. In universities, this is sometimes informally referred to as the "creating committees to deal with the problem of too many committees" problem.”
― The Utopia of Rules: On Technology, Stupidity, and the Secret Joys of Bureaucracy
― The Utopia of Rules: On Technology, Stupidity, and the Secret Joys of Bureaucracy
“So what are people actually referring to when they talk about "deregulation"? In ordinary usage, the word seems to mean "changing the regulatory structure in a way that I like.”
― The Utopia of Rules: On Technology, Stupidity, and the Secret Joys of Bureaucracy
― The Utopia of Rules: On Technology, Stupidity, and the Secret Joys of Bureaucracy
“When an economist attempts to prove that it is "irrational" to vote in national elections (because the effort expended outweighs the likely benefit to the individual voter), they use the term because they do not wish to say "irrational for actors for whom civic participation, political ideals, of the common good are not values in themselves, but who view public affairs only in terms of personal advantage.”
― The Utopia of Rules: On Technology, Stupidity, and the Secret Joys of Bureaucracy
― The Utopia of Rules: On Technology, Stupidity, and the Secret Joys of Bureaucracy
“It is a strange, repetitive feature of action movies that the infuriating go-by-the-rules boss of the maverick hero is almost invariably Black.)”
― The Utopia of Rules
― The Utopia of Rules
“The organization of the Soviet Union was directly modeled on that of the German postal service.”
― The Utopia of Rules
― The Utopia of Rules
“the taste for Victorian-era sci-fi futures is more than anything else a nostalgia for the last moment, before the carnage of World War I, when everyone could safely feel a redemptive future was possible.”
― The Utopia of Rules
― The Utopia of Rules
“Competition forces factory owners to mechanize production, so as to reduce labor costs, but while this is to the short-term advantage of the individual firm, the overall effect of such mechanization is actually to drive the overall rate of profit of all firms down.”
― The Utopia of Rules
― The Utopia of Rules
“In America, the fifties were the heyday of a certain ideal of the one-income patriarchal family, and among the more affluent, the ideal was often achieved. Women with no access to their own income or resources obviously had no choice but to spend a great deal of time and energy understanding what their menfolk thought was going on.”
― The Utopia of Rules
― The Utopia of Rules
“It’s those who do not have the power to hire and fire who are left with the work of figuring out what actually did go wrong”
― The Utopia of Rules
― The Utopia of Rules
“if we’re going to actually come up with robots that will do our laundry or tidy up the kitchen, we’re going to have to make sure that whatever replaces capitalism is based on a far more egalitarian distribution of wealth and power—one that no longer contains either the super-rich or desperately poor people willing to do their housework. Only then will technology begin to be marshaled toward human needs. And this is the best reason to break free of the dead hand of the hedge fund managers and the CEOs—to free our fantasies from the screens in which such men have imprisoned them, to let our imaginations once again become a material force in human history.”
― The Utopia of Rules
― The Utopia of Rules
“In most important ways, this world is explicitly antibureaucratic: that is, it evinces an explicit rejection of virtually all the core values of bureaucracy.”
― The Utopia of Rules
― The Utopia of Rules
“End of work arguments became increasingly popular in the late seventies and early eighties, as radical thinkers pondered what would happen to traditional working-class struggle once there was no longer a working class. (The answer: it would turn into identity politics.)”
― The Utopia of Rules
― The Utopia of Rules
“the more we allow aspects of our everyday existence to fall under the purview of bureaucratic regulations, the more everyone concerned colludes to downplay the fact (perfectly obvious to those actually running the system) that all of it ultimately depends on the threat of physical harm.”
― The Utopia of Rules
― The Utopia of Rules
“It is a testimony to the genuine lingering power of leftist ideals that anyone would even consider voting for a party that promoted this sort of thing—because surely, if they do, it’s not because they actually think these are good policies, but because these are the only policies anyone who identifies themselves as left-of-center is allowed to set forth.”
― The Utopia of Rules
― The Utopia of Rules