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Bullshit Jobs: A Theory

Book by David Graeber · 4 quotes · Work, Jobs, Economics

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Bullshit Jobs: A Theory Quotes

“As I pointed out, feudalism is essentially a redistributive system. Peasants and craftsmen produce things to a large extent autonomously; lords siphon off a share of what they produce, usually by dint of some complex set of legal rights and traditions ("direct-juro-political extraction" is the technical phrase I learned in college), and then go about portioning out shared of the loot to their own staff, flunkies, warriors, retainers - and to a lesser extent, by sponsoring feasts and festivals and by occasional gifts and favours, giving some of it back to the craftsmen and peasants once again. In such an arrangement, it makes little sense to speak of separate spheres of "politics" and "the economy" because the goods are extracted through political means and distributed for political purposes.”

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“Bullshit jobs proliferate today in large part because of the peculiar nature of managerial feudalism that has come to dominate wealthy economiesーbut to an increasing degree, all economies. They cause misery because human happiness is always caught up in a sense of having effects on the world; a feeling which most people, when they speak of their work, express through a language of social value. Yet at the same time they are aware that the greater the social value produced by a job, the less one is likely to be paid to do it.”

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“Yet even in the best of cases, the need to be on call, to spend at least a certain amount of energy looking over one's shoulder, maintaining a false front, never looking too obviously engrossed, the inability to fully collaborate with others —all this lends itself much more to a culture of computer games, YouTube rants, memes, and Twitter controversies than to, say, the rock 'n' roll bands, drug poetry, and experimental theater created under the midcentury welfare state.”

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“In a way, one could argue that the whole financial sector is a scam of sorts, since it represents itself as largely about directing investments toward profitable opportunities in commerce and industry, when, in fact, it does very little of that. The overwhelming bulk of its profits comes from colluding with government to create, and then to trade and manipulate, various forms of debt. All I am really arguing in this book is that just as much of what the financial sector does is basically smoke and mirrors, so are most of the information-sector jobs that accompanied its rise as well.”

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