Archive for the 'Economics' Category

Keynes and Composition

Wednesday, February 24th, 2010

Robert Skidelsky’s biography of Keynes notes the importance Keynes placed on socially-based “conventional expectations” (93, emphasis in original) in the face of pervasive uncertainty, and contrasts those “conventional expectations” to the perfect-information wishful thinking of the proponents of the rational expectations hypothesis. Keynes’s insight was that what makes economics work and fail is adherence to conventional expectations and expectations of the conventional, and this is as true of social-epistemic models of knowledge work in composition as it is of economics. Collaboration as a generative activity is sustained by and generative of conventional expectations in the face of uncertainty, not by the perfect-information utopia of rational expectations. Writing is social, and exists in uncertainty: both those circumstances are what make it work.

“Digital Maoism”: Not Much There, Really

Friday, February 5th, 2010

I finished Jaron Lanier’s 2006 essay on “Digital Maoism,” and as I’d suspected not far into the article, there’s not much there beyond oversimplifications, weasel words, straw men, and sweeping generalizations. More than anything else, Lanier sounds like a snubbed Ayn Randian railing against the unwashed masses of the internets who don’t deserve or recognize his brilliance. He gets spanked hard and deservedly in the responses, most notably by Douglas Rushkoff and Yochai Benkler, but also — as you’d expect — by Clay Shirky and Cory Doctorow.

And that’s kind of the problem I’m finding: I very much agree with folks like Benkler — especially like Benkler — and so I want to seek the counterbalancing argument. When I find myself nodding my head in too-easy or too-vigorous assent, I look for the other side; I want to hear what the critiques say. Metonymically speaking, I’ve got my Wealth of Nations just as full of notes as my Kapital, and I’ve got Friedman and Hayek rubbing shoulders with Wolff and Gibson-Graham. But with the digital economy stuff, it’s either outdated like Shapiro and Varian or sloppy like Lanier, to the point where the terrain of the digital seems more and more like a limit case for the economic logic of capitalist exclusivity.

Chasing Down the Problematics of the LTV

Tuesday, January 26th, 2010

I keep finding myself running into the problem of the labor theory of value (LTV) when trying to think about composition as an economic act, to the point where I’m wondering if its being a problem should serve as an indicator of the possible richness of the questions it raises. So on the one hand, I’m chasing down recent work in economics on that angle, from comparisons between Sraffa on commodities versus Marx on labor-times to thoughts from the Austrians on the economics of time (with reservations about both); but on the other hand, I’m seeing the aggregation problem — how do we disentangle measures of writing as economic activity from the pitfalls of the labor theory of value; how does the value of writing accumulate, in Sraffa’s sense — as the direction to follow, enthusiastically. If we understand pieces of writing as moments in the cyclic process of production-ownership-use-reproduction that embody addings-up of the labor of their authors and the authors upon whose work they draw as well as of the other contributing factors of production (including, e.g., computers; machines that stand themselves as aggregations of capital, and as substitutions of capital-intensive processes for labor-intensive processes), then thinking of the value of those pieces of writing becomes easier to do even algebraically, even though the algebra of the labor theory of value itself doesn’t quite work. There’s a way that the aggregation problem can make the economics of time as applied to writing actually work, I think, with implications from the way we value peer-reviewed articles to the counting behaviors associated with the Stanford study of writing to credit hours to time-use studies. (This is also a return for me to the Bourdieu chapter in my dissertation, where I looked at the limitations of Bourdieu’s X and Y axes of cultural and economic capital in tracing the relative values of cultural objects as being partly overcome by adding a Z axis for time and thereby tracing a trajectory of valuation as a three-dimensional shape, further complicated by producers’ and consumers’ disparate positions on those X and Y axes making those three-dimensional shapes slightly different depending on which angle you look from: thick-skinned balloon animals of valuation, maybe.) But looking at writing’s accumulated value through the LTV could help writing studies to respond to the “service course” critique (and likely find a lot of use for the Downs-Wardle approach), and also makes enormous amounts of sense for the citation-heavy, association-heavy new media-based compositions that seem more appropriate or at least more common in the context of the information economy: such compositions wear their factors of production on their collective sleeve and move away from the economic obfuscation of the romantic-author model (which, of course and interestingly in this context, was itself partly a response to the upheavals of the previous technological-economic revolution).

The Teleology of Capitalism

Tuesday, January 19th, 2010

Does capitalism have a particular teleology? If those who believe strongly in the virtues of unfettered free-market capitalism were to think teleologically, what ideal end-state would they imagine, and for whom?

Popular critiques of vulgar or orthodox Marxism understand its ideal goal to consist of class struggle leading to socialist revolution followed by a worker’s utopia wherein “after the productive forces have also increased with the all-around development of the individual, and all the springs of co-operative wealth flow more abundantly — only then can the narrow horizon of bourgeois right be crossed in its entirety and society inscribe on its banners: From each according to his ability, to each according to his needs” (Critique of the Gotha Program). Critiques of various forms of Marxism that admit a more sophisticated understanding still often find a solid target in teleologies that imagine some remedy to the appropriation of unpaid labor and a loosening of the bourgeoisie’s private ownership of the means of production: so, yes, Marxisms by definition often imagine some future circumstance toward which they work.

Do the advocates of free-market competition similarly imagine some ideal future circumstance — and if so, what does it look like?

Paying Attention as an Aggregation Problem

Tuesday, January 12th, 2010

Last semester, our FYC students read an article by William Deresiewicz that indicted the dangers posed to the focused and individually attentive reflective mind by today’s digital technologies of multitasking. I’ve been thinking about that article more lately, both in the way that it intersects with my concerns of the economic valuation of writing as a form of immaterial labor and in the way it intersects with other articles I’ve been reading about the our evolving understanding of the function of attention. N. Katherine Hayles usefully outlines (behind a paywall, but partially available here) the binary of “Deep Versus Hyper Attention” (to be taken with all the usual necessary Derridean caveats about binaries), Eric Gordon and David Bogen investigate how we might rethink configuring the parameters of situations requiring (forms of) attention (and in so doing lead me to other interesting things to read on the topic), and Christine Rosen offers a perhaps more balanced critique than she usually does but one that engages in much of the sloppiness (track her use of the word “this”) typical to arguments over technologies of attention. (When Deresiewicz came to talk to our FYC students, he wound up hyper-qualifying so much of his argument as to essentially offer nothing beyond the blandest platitudes.) Attention is such a protean thing that it skates away like mercury, as Gordon and Bogen do an excellent job of showing. One good point, though, that Rosen starts to get at and that Hayles try to set up some limits for is the definition of “multi-” in our use of the attention-related term “multi-tasking.” What exactly counts as “multi-tasking,” anyway?

For some of the participants in the debate (Rosen and Deresiewicz in particular), the digital technologies that serve today as the most obvious tools for multitasking — the ones we most readily notice — become metonyms for the activity: if you’re doing more than one thing at once with a technology that didn’t exist ten years ago, you’re multitasking. On the other hand, if you’re reading a bedtime story for a child who’s sitting in your lap — in other words, engaging in the data-processing activities of taking in words and pictures, understanding the relations between them, performing them for an audience, monitoring that audience’s affective response to your performance, assessing your interpersonal interaction with that audience, while at the same time engaging in the kinesthesia of making that audience comfortable and relaxed while sitting in your lap, turning the pages, and keeping the book at an appropriate eye level — well, no, that’s not multitasking; that’s reading a bedtime story.

What happens, I think, is the same thing that folks who do work with digital technologies have known for a long time: the digital tools make relations and activities formerly taken for granted newly visible. To borrow from C. Paul Olson again, digital technologies replace labor-intensive processes with capital-intensive processes. As a form of immaterial labor, paying attention is work, but as anyone who uses Google Reader (or any RSS aggregator knows), paying attention is itself something that can be streamlined and compressed via technology into what feels like firehose force. Richard Lanham offered at least a good start in The Economics of Attention: information is (in many contexts today) hardly a scarce commodity. The problem Lanham ran into was an excessive focus on those two areas of neoclassical economic interest: scarcity and commodities. His proposed solution was to examine how we redistribute attention as a scarce commodity, which I think goes in the wrong direction: attention is not a commodity. It’s a form of work; of labor.

As such, attention requires examination and conceptualization as a factor of economic production. While I’m not in any way suggesting here that I adhere to a labor theory of value, I do think that understanding the work of attention as a form of immaterial labor and thereby as a form (at least in some cases) of production results in the phenomenon of multitasking showing itself as a sort of Sraffian aggregation problem.

(As I work through the ideas above, I’m realizing even more that my dissertation work gave me a glimpse of only the tiniest corner of the types of questions that I want to investigate. What I’m increasingly asking myself as I do so is: why? What do I hope to learn? What types of questions — yes, hello, stasis — do I want to pursue? Am I interested in how the work described above happens? No, that’s a problem of production, of techné; a side interest, but not the main gig. Am I interested in what it’s worth? No, that’s a problem of assessment, at least in its crudest form: assessment beyond the classroom, then? Forms of alternative valuation? Maybe. Am I interested in why it happens? No, not in the least: to presume I could answer such a question would be to ascribe to myself far too much explanatory insight, and to ask questions that would feel like they oblige certain kinds of too-easy political answers. At heart, maybe what I’m interested in is a question of definition: what is this work that’s happening?)

Ostrom’s Nobel and Lanham’s Economy

Monday, October 12th, 2009

Yes, it’s been too long since I’ve posted here: other concerns, other priorities. I’ve got a milestone coming up, though, after which I’ll likely be posting more.

To that end, an observation: I was glad to see that Elinor Ostrom won the Nobel for economics. I’ve only read those who’ve been influenced by her work, even though clew pointed me her way six years ago (d’oh!), so now I need to get a copy of Governing the Commons from the library. But the accounts I’ve looked at lead me to wonder: Lanham talks about the so-called information economy being actually an economy of attention, and then undertakes a wholly market-based discussion of that economy. But what if that economy of attention isn’t a market (as I’m pretty sure it isn’t), driven by scarcity and competition?

What if attention is a commons?

Reading Hayek Again

Friday, April 24th, 2009

When I wrote my dissertation, I first thought it was going to be about socioeconomic class. But everything I thought and wrote about convinced me that class was a disguise, a facade, a mask for much deeper economic concerns that writing teachers often didn’t know how to deal with, didn’t think the discipline had the authority or legitimacy to deal with, and so turned concerns of economy back into concerns of class and thereby into the much more (apparently) manageable category of identity.

That didn’t work out very well.

I thought (and think) that any identity-based approach to economy in composition has reached the limits of productivity, in composition as much as in literature. There’s only so much you can say about socioeconomic class before you start saying stuff that everyone else has already said. But if class (which I would argue composition has always only understood as identity, and would welcome examples of counterarguments to said perspective) is the point of articulation (cf. Hall, Bourdieu) between economy and culture, well, I think we’ve done a fine job as a discipline of examining culture, and a poor job of examining economy.

So the first thing I did after writing my prospectus was to look over a bunch of Econ 101 syllabi, and to work my way through their texts, and the texts they led me to. Sure, there was the Marx. But there were also the Freidrich Hayek and the Adam Smith, neither of whom gets read nearly often enough by the folks who like to invoke them the most. And that’s what I’d say the project that I’ve finally been able to start imagining as a book does: it reads closely, in Hayek and in Smith and in Marx, but takes those close readings as signposts through a series of case studies of writing and its value through the economic cycle of production, distribution, appropriation, ownership, use, and re-production.

I’m surprised by some of the things I’m re-seeing Hayek and Smith and Marx saying, just as much as I’m surprised by some of the things I’m re-seeing in the production and reproduction of writing.

More soon.

NYPL Lecture: Remix (Part 1)

Friday, February 27th, 2009

Last night was a sold-out lecture at the New York Public Library’s Celeste Bartos forum, featuring Steven Johnson, Lawrence Lessig, and Shepard Fairey speaking on a panel titled “Remix: Making Art and Commerce Thrive in the Hybrid Economy.” The panel posed their guiding question as follows: “What is the future for art and ideas in an age when practically anything can be copied, pasted, downloaded, sampled, and re-imagined?” The audience was mostly what you’d imagine, on the younger side and with a visible hipster contingent. It doesn’t seem to be available on iTunes yet (search “nypl”), but I’m betting it will be eventually, which would be rather in keeping with the panel’s topic. I came, of course, because of my interest in the political economy of textual production, distribution, appropriation, use, and re-use; and because of the ways I see that cycle relating to what we (me, you, our students, our colleagues) do in the classroom, but also because it was an excuse to get into the city on a weeknight, to have a tasty NYC meal (OMG Bangladeshi spiced lamb), and to feel like a bit of an itinerant again, at loose ends and doing interesting things.

Interior of the Celeste Bartos forum

The panel began with Andrew Filipone Jr.’s hilariously surreal and somewhat menacing video of Charlie Rose interviewing himself, titled “Charlie Rose by Samuel Beckett,” as a sort of introduction to the panel’s concern with remixing.

Steven Johnson then started his talk by suggesting that what he hoped would be exciting about the panel conversation would be both its timeliness and its timelessness.

(more…)

Writing for the Turk

Thursday, May 22nd, 2008

A few weeks ago, I netstumbled again upon Amazon’s Mechanical Turk, a for-hire crowdsourcing system that I remember causing a brief buzz when it came out in 2005 or 2006. I was deep in dissertation tunnel vision at the time, not wanting to let myself be distracted, but I remember thinking it held interesting possibilities as a highly decentralized market for immaterial labor, and wondered how it might connect to what I’d been saying about the economics of writing.

So I’ve finally caught a short breather from the end-of-the-semester crunch — I’m presently sitting in the hall while my plebes are about 25 minutes into taking their term-end examinations and typing busily away — and did some poking around. Interesting stuff. The job requester command-line interface stuff is a little daunting, but on the worker side, there are — as of this morning — 111 jobs available with the keyword “write” in the listing. Which made me wonder once more: how much should you pay for a C+ paper?

Or, OK, to be a little less opaque about it: the Amazon Mechanical Turk offers one system of thinking about the value of what they call Human Intelligence Tasks. In looking over those Human Intelligence Tasks, I think they’re certainly a form of Hardt and Negri’s immaterial labor, but of a somewhat different order than, say, writing an essay. Yet some of them — e.g., writing reviews — come close to the types of low-stakes tasks we sometimes assign in FYC. And “stakes” is yet another term related to value.

Curious. Further investigation needed.

The Long War and Its End

Thursday, September 6th, 2007

I met with a group of seniors today; students I’m mentoring in their writing projects as they apply for certain nationally-known graduate scholarships.

There’s a lot of interest among these soon-to-be Army officers, as one might hope and expect, in international relations. Perhaps less expected was the interest taken in international relations in conjunction with development economics.

But when one of the intelligent and well-read young officers-to-be elaborated upon a claim in his essay by proposing to us that the American campaign to end global terror might most effectively begin by seeking to remedy two of terror’s dominant causal economic factors — entrenched third-world poverty and gross international economic inequality — I steepled my fingers to hide my grin.

“You might want to put that in there,” I said.