"When it comes to living in a democracy, Nato Thompson argues, nothing affects us more directly and more powerfully than culture. Culture suffuses the world we live in, from TV to music to advertising to sports. And all these things, Thompson writes in his new book, Culture as Weapon, 'influence our emotions, our actions, and our very understanding of ourselves as citizens.'"
The Facebook IPO was this week's biggest story. The social media giant, which boasts 800 million members, is seeking a $75-$100 billion market valuation. But hold your horses, investors. A lot of that optimism could be empty hype. After all, look at the site's requested valuation as a percentage of its 2011 revenue, and compare it to other tech giants like Google and Microsoft. Also, contrary to Mark Zuckerberg's claim, most of the world does not, in fact, "have access to the internet or mobile phones."
Bat Segundo's BEA podcasts continue. Yours truly makes a brief appearance in the latest installment.Elizabeth Crane is discussing George Saunders' collection In Persuasion Nation at her blog this week.Meant to post this Friday, but luckily I think spelling bee-related links have an indefinite shelf life. Language Hat and his band of commenters provide indispensible commentary on the word that won the National Spelling Bee, "ursprache," and other Bee topics.
Catching you up to speed with two recent literary controversies: 1) Poets & Writers' MFA rankings kerfuffle gets a climactic and eloquent summary from The Missouri Review's Michael Nye. 2) In response to her Salon article, "How the National Book Awards made themselves irrelevant," Victor LaValle has some fightin' words for Laura Miller.