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by vinaigrette
42 days ago
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Some of the points you are making are great. I would however argue that a small group of people trading is still an economy albeit a shrunk one. But what I believe the point the author is making is the following : consumption based economy isn't required to an economy.
In some aspect, I believe that it is false : we are *required* to have a bunch of strictly unnecessary stuff to survival (cellphones and data plans being one example) to be considered as a functionnal human being (pretty much everywhere in the planet at that). I also believe that he points out something that is true however : most people have been unable to partake in consumption society (see Lewis' 1954 article on unlimited supply of labor) for a long time. This, and chronic unemployement that appeared in the 70's, showed that a 2 speed economy is possible, even preferable for the capitalists ; and what was limited to the global south at Lewis' time (though some more recent historical work tend to disagree) is happening in the North. My conclusion would be that the acceleration of inequalities to the point of "uneconomicness" of a large part of the population is what the author points out to be a "peopleless economy".
I personnaly found the article to be stimulating, even with its many shortcuts. What I make of your points are less a contradiction but a optimistic point of view of the situation : secession of the capitalists mean freedom for the rest. But empirical observation show that ressources being limited (although standalone freedom being unacceptable as well for them), auto-organization is confronted with the armed forces mentionned in the article. Also, enterprises trading capital endlessly isn't exactly what is happening with the ai (alledged) bubble ? |
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