Book Summaries
Technopoly Summary (Part 3)
Neil Postman’s concept of “Technopoly” describes far more than just a society saturated with machinery; rather, it names a cultural mindset that grants technology ultimate authority over how we understand knowledge, morality, and human purpose. In earlier eras, people relied on religious or philosophical frameworks to make sense of their triumphs and tragedies. Postman argues … Read more
Technopoly Summary Part 2
Neil Postman’s observation that every technology creates “winners and losers” challenges the widespread assumption that progress is invariably a tide lifting all boats. He draws on the work of Harold Innis to illustrate how technological shifts reconfigure social power dynamics. When a tool or system becomes indispensable, those who control it gain prestige and authority, … Read more
Technopoly Summary (Part 1)
Neil Postman’s Technopoly: The Surrender of Culture to Technology begins with a striking myth about the Egyptian god Theuth, who presents his invention of writing to King Thamus. Theuth proclaims writing to be an incomparable gift: a remedy for faulty memory and a gateway to knowledge. Thamus, however, rebukes Theuth, warning that writing will produce … Read more
Irrational Exuberance Summary (Ch. 4,5,6)
The below sections will summarize chapters 4, 5, and 6 from Irrational Exuberance. The emergence and evolution of speculative bubbles in financial markets is intricately tied to the history and role of the news media. Speculative bubbles date back to the advent of newspapers, with early examples like the Dutch tulip mania of the 1630s … Read more
A Random Walk Down Wall Street Summary (Ch5-8)
For this post, we will continue covering chapters 5, 6, 7, and 8 in the classic text, A Random Walk Down Wall Street. In the realm of investment, two principal approaches, technical analysis and fundamental analysis, vie for dominance as tools to predict stock prices. These methods reflect diverging philosophies about market behavior and investor … Read more