“Wall Street, as you already know, is part of Marshall McLuhan's vision of the world in the Electric Age, that is, a global village dependent on oral-aural communication.”

Interview with Nathan Gardels, The Huffington Post, September 16th 2008 http://www.huffingtonpost.com/nathan-gardels/stiglitz-the-fall-of-wall_b_126911.html?show_comment_id=15934161

The Age of Discontinuity (1969)
1960s - 1980s

The Gutenberg Galaxy (1962)
Context: The new electronic interdependence recreates the world in the image of a global village. (p. 36)

Quoted in Janera Soerel, "Talking to Nouriel Roubini," Janera (2007-05-02).

Source: The Clash of Civilizations and the Remaking of World Order (1996), Ch. 1: The New Era in World Politics, § 1 : Introduction: Flags And Cultural Identity

Teaching as a Subversive Activity (1969)
Context: In schools, print shifted the emphasis from oral to written and visual communication. Teachers who had been only partly concerned within instructing their students in how to read became by the mid-sixteenth century concerned with almost nothing else. Since the sixteenth century, the textbook has been a primary source of income for book publishers. Since the sixteenth century, written examinations and written assignments have been an integral part of the methodology of school teaching; and since the sixteenth century, the image of the isolated student who reads and studies by himself, has been the essence of our conception of scholarship. In short, for 400 years Western civilization has lived in what has been characterized as the "Age of Gutenberg." Print has been the chief means of our information flow. Print has shaped our literature and conditioned our responses to literary experience. Print has influenced our conception of the educational process. But... print no longer "monopolizes man's symbolic environment," to use David Riesman's phrase. That monopoly began to dissolve toward the middle of the nineteenth century, when a more or less continuous stream of media inventions began to make accessible unprecedented quantities of information and created new modes of perception and qualities of aesthetic experience....1839... Daguerre developed the first practical method of photography. In 1844, Morse perfected the telegraph. In 1876, Bell transmitted the first telephone message. A year later, Edison invented the phonograph. By 1894, the movies had also been introduced. A year after that, Marconi sent and received the first wireless message. In 1906, Fessenden transmitted the human voice by radio. In 1920, regularly scheduled radio broadcasts began. In 1923, a picture was televised between New York and Philadelphia. In that same year, Henry Luce and Briton Hadden created a totally new idea in magazines with Time. In 1927, the first "talkie" appeared; and in 1923, Disney's first animated cartoon. In 1935, Major E. H. Armstrong developed the FM radio. In 1936 came Life magazine. In 1941, full commercial television was authorized. These are just some of the inventions that form a part of the "communications revolution" through which we are all living. To these, of course could be added the LP record, the tape recorder, the comic strip, the comic book, the paperback book.... the point here is... that the perceptual-cognitive effects on us of the form of these new languages be understood.

Lecture of Opportunity | Max Brooks: World War Z https://www.youtube.com/watch?v=-nGG5E04cog

Source: A Return to Love: Reflections on the Principles of "A Course in Miracles" (1992), Ch. 7 : Work, §9 : Sales to Service
Context: Purity of heart will not make us poor. The exaltation of poverty as a spiritual virtue is of the ego, not the spirit. A person acting from a motivation of contribution and service rises to such a level of moral authority, that worldly success is a natural result.
Give all your gifts away in service to the world. If you want to paint, don’t wait for a grant. Paint a wall in your town that looks drab and uninviting. You never know who’s going to see that wall. Whatever it is you want to do, give it away in service to your community.

1970s, The Education of Mike McManus, TVOntario, December 28 1977