The commodification of time sets the terms of almost the whole of the American conversation, time in its current usages—overtime, downtime, spending time, saving time, killing time, buying time—nearly always a synonym for money. On the global currency market that circles the earth at the speed of light, $1 billion moves from here to there over the distance of less than a second, and Michael Lewis reports the selling of microseconds and milliseconds for hundreds of millions of dollars to stock-market traders looking to accelerate the arrival of the future. Mac McClelland describes the conditions imposed on workers sorting goods for shipment from warehouses like the ones operated by Amazon and Walmart—“A minute’s tardiness after the first week earns us half a penalty point, an hour’s tardiness is worth one point, and an absence one and a half; six is the number that equals ‘release.’”
Lewis H. Lapham
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