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Monday, July 20, 2015

Post-Capitalism to the Rescue.....

The income gap is getting wider and wider, at the same time deep red states continue to shift power and public resources into the private sector. But don't give up hope.

There's hope now and repressive political policies won't be an impediment, thanks to technology. Heck, many of us already work out of our homes.

Capitalism is fading...slowly...all it needs is a major push by Democrats to rush this thing along. The Guardian:
The end of capitalism has begun: Without us noticing, we are entering the post-capitalist era. At the heart of further change to come is information technology, new ways of working and the sharing economy. The old ways will take a long while to disappear, but it’s time to be utopian.

First, it has reduced the need for work, blurred the edges between work and free time and loosened the relationship between work and wages. Second, information is corroding the market’s ability to form prices correctly. Third, we’re seeing the spontaneous rise of collaborative production: goods, services and organisations are appearing that no longer respond to the dictates of the market and the managerial hierarchy. 

The 2008 crash: The solutions have been austerity plus monetary excess. But they are not working. In the worst-hit countries, the pension system has been destroyed, the retirement age is being hiked to 70, and education is being privatized so that graduates now face a lifetime of high debt. Services are being dismantled and infrastructure projects put on hold.

Austerity is not eight years of spending cuts, as in the UK, or even the social catastrophe inflicted on Greece. It means driving the wages, social wages and living standards in the west down for decades until they meet those of the middle class in China and India on the way up.

The power of imagination will become critical. In an information society, no thought, debate or dream is wasted … The main contradiction today is between the possibility of free, abundant goods and information; and a system of monopolies, banks and governments trying to keep things private, scarce and commercial. Everything comes down to the struggle between the network and the hierarchy: between old forms of society molded around capitalism and new forms of society that prefigure what comes next.

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