👓 The last Sears in Chicago is closing | MSN

Read The last Sears in Chicago is closing (MSN)
Sears is closing its final store in Chicago, the city it called home for more than a century.

Highlights, Quotes, Annotations, & Marginalia

The Six Corners store, like more than 100 other Sears locations, is owned by Seritage Growth Properties, a real estate company controlled by Sears Holdings CEO Eddie Lampert. Seritage, which is publicly traded, has a market value nearly 10 times greater than Sears Holdings.  

Interesting to see the interaction between Sears Holdings and Seritage. The value is apparently all in the real estate.

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📑 Community, Privatization, Efficiency | Kathleen Fitzpatrick

Annotated Community, Privatization, Efficiency by Kathleen FitzpatrickKathleen Fitzpatrick (Kathleen Fitzpatrick)
Reversing the trend toward privatization will thus require not just massive public mobilization and demand of elected officials, but also a hard turn away from efficiency as a primary value, a recognition that the building of relationships and the cultivation of care is slow and difficult and of necessity inefficient. In fact, that its value lies in its inefficiency — but making the case for such inefficiency as a necessary value requires a lot of effort, and a lot of caution.

There’s a kernel here of something about the value of links (social, business, etc.) as put forward by Cesar Hidalgo in Why Information Grows. Where is the real value? How can it best be extracted? Built up? Having a more direct means of valuing these otherwise seeming intangibles will be important in the future.

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👓 How Social Media Became a Pink Collar Job | Wired

Read How Social Media Became a Pink Collar Job (WIRED)
When companies ask for sociable, flexible, compassionate workers, they’re silently signaling women to sign-on to an undervalued job that powers the digital economy.

As a country we’re killing ourselves and our economy by devaluing women like this.

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