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The people of Romonum, Truk were found to compare themselves &--apparently--their culture unfavorably with US culture. This seems to contradict the widely held belief that ethnocentrism is universal. Attempts to explain the findings on the basis of flattery, assimilation, love of Amer's, & a general absence of ethnocentrism were unsatisfactory. An analysis of the concept 'ethnocentrism' as advanced by Sumner & as commonly used showed that this concept contains 2 elements: one's group is the standard by which all groups are judged, & each group thinks itself superior to all others. It is maintained that while the 1st requirement of the concept is met by the Trukese & the 2nd is not, no general devaluation of their culture takes place in their minds, & the belief that the notion of own-group superiority must accompany the use of own-group as a standard is incorrect. This false connection is shown to arise from the implicit assumption that the members of a group recognize basic value diff's between themselves & members of other groups. Data are introduced which show that at least in Truk, only specific diff in practice is perceived in foreigners & that general similarity in values is assumed by the Trukese. Given this belief in essential similarity between own & other groups, positive evaluation of some of the diff's which are noted in foreigners is shown to be enentirely compatible with the general concept of ethnocentrism since, far from attacking the basic values of own group, they are in support of those values. AA.

Negative interest rates are an invention of monetary authorities to show that monetary activism does not have boundaries, i.e., as if there is no such thing as a liquidity trap. Their presence in the financial landscape has redefined the benefits to savers and to investors. Governments can now borrow at will without visibly adding to budget deficits. This makes negative interest borrowing an alternative to raising taxes. Banks can now achieve regulatory compliance partially at the expense of depositors. Commercial banks pay to keep money at the central bank instead of earning interest on it. This paper shows the true nature of negative interest rates and their consequences on various economic agents and performance measures, specifically on economic growth and exchange rates. In addition, this paper demonstrates that the arguments in favor of negative interest rates have been largely exaggerated based on the weight of the evidence that shows the United States, which never issued negative interest rates debt, is a leader among developed countries in terms of economic growth in a non-inflationary environment.

Against Value in the Arts and Education proposes that it is often the staunchest defenders of art who do it the most harm, by suppressing or mollifying its dissenting voice, by neutralizing its painful truths, and by instrumentalizing its ambivalence. The result is that rather than expanding the autonomy of thought and feeling of the artist and the audience, art's defenders make art self-satisfied, or otherwise an echo-chamber for the limited and limiting self-description of people's lives lived in an "audit culture", a culture pervaded by the direct and indirect excrescence of practices of accountability. This book diagnoses the counter-intuitive effects of the rhetoric of value. It posits that the auditing of values pervades the fabric of people's work-lives, their education, and increasingly their everyday experience. The book uncovers figures of resentment, disenchantment and alienation fostered by the dogma of value. It argues instead that value judgments can behave insidiously, and incorporate aesthetic, ethical or ideological values fundamentally opposed to the "value" they purportedly name and describe. The collection contains contributions from leading scholars in the UK and US with contributions from anthropology, the history of art, literature, education, musicology, political science, and philosophy.

Negative interest rates are an invention of monetary authorities to show that monetary activism does not have boundaries, i.e., as if there is no such thing as a liquidity trap. Their presence in the financial landscape has redefined the benefits to savers and to investors. Governments can now borrow at will without visibly adding to budget deficits. This makes negative interest borrowing an alternative to raising taxes. Banks can now achieve regulatory compliance partially at the expense of depositors. Commercial banks pay to keep money at the central bank instead of earning interest on it. This paper shows the true nature of negative interest rates and their consequences on various economic agents and performance measures, specifically on economic growth and exchange rates. In addition, this paper demonstrates that the arguments in favor of negative interest rates have been largely exaggerated based on the weight of the evidence that shows the United States, which never issued negative interest rates debt, is a leader among developed countries in terms of economic growth in a non-inflationary environment.

Der Aufsatz stellt die gängige Meinung infrage, Adorno habe mit seiner negativen Dialektik eine kritische Philosophie entworfen, die keinerlei Beziehung zu Marx hat. Im Gegensatz zu dieser Meinung wird argumentiert, dass die strukturelle Analogie zwischen Adornos Kritik traditioneller Theorie und Marx Kritik der politischen Ökonomie als roter Faden der Negativen Dialektik gelten kann. Zugleich wird Adorno gegenüber zeitgenössischer Kritik verteidigt, die die Wichtigkeit von Marx für ihn zwar anerkennt, jedoch die Qualität seiner Marxinterpretation anzweifelt. Abschließend wird die Bedeutung ausgelotet, welche die zuvor angestellten Überlegungen zur Wesensverwandtschaft der Theorien von Marx und Adorno, sowie insbesondere die von beiden geteilte Kritik an der Positivierung der Negation der Negation, für die Frage nach einer Aktualisierung des Begriffs Kritischer Theorie hat. Dabei steht die Negativismusauffassung sowohl von Habermas als auch von Honneth zur Disposition, die für den von beiden befürworteten Paradigmenwechsel einen zentralen Stellenwert hat.