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by ruined
701 days ago
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the economy is a mode of organizing aggregated needs and desires, but it has never been total, and it is only capable of accounting for needs and desires that can be expressed financially. the past couple centuries have seen a great advancement in application of the economic mode to greater areas of life. there are both clear and nominal benefits and downsides. its advance doesn't necessarily mean it's satisfying equivalent needs and desires, nor that it is more effective or objectively preferable. it's well-documented that often it has advanced by threats, dispossession, and violence. and it's certainly possible that could continue, or that it might lose ground on some externality, or sustain hegemony by those same tools. |
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