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it seems to me that the political valence attached to nationalization is a problem---assumptions as to meaning seem to come from a neoliberal framework---so dumping the pound on currency markets amounts to a neoliberal verdict on a policy choice made along other lines.
i am curious as to why states are remaining passive in the face of currency markets in the context of all this mutation. in theory, they would have the power to act collectively to alter the character of currency speculation. maybe this would be an interesting moment to revive the tobin tax.
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a gramophone its corrugated trumpet silver handle
spinning dog. such faithfulness it hear
it make you sick.
-kamau brathwaite
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