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After Capitalism?

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Re: After Capitalism?

#2
I tried, honestly I tried. I tried to read it. I wanted to see the arguments because this is an area of interest to me.

But I can't write a tl;dr - it would not sink in my brain. Part overview of the area, part, something else, I really have no idea what the author was trying to say

Please enlighten me

Re: After Capitalism?

#3

I tried, honestly I tried. I tried to read it. I wanted to see the arguments because this is an area of interest to me. But I can't write a tl;dr - it would not sink in my brain. Part overview of the area, part, something else, I really have no idea what the author was trying to say Please enlighten me

I gave it a quick try but it was too painful. TL;DR discusses various lefties waffling about what'll happen when the robots do the jobs, I think.

Re: After Capitalism?

#4

I tried, honestly I tried. I tried to read it. I wanted to see the arguments because this is an area of interest to me. But I can't write a tl;dr - it would not sink in my brain. Part overview of the area, part, something else, I really have no idea what the author was trying to say Please enlighten me

He's saying that peoples' rights will be protected through the action of the worker, not through new technology. There is something of a meme right now that we will singularity our way into a utopian era of plenty. The author is saying that this isn't something we get automatically, that the middle and lower class have to continue to struggle in order to benefit from advances in automation and dramatic increases in productivity.

Re: After Capitalism?

#5

I tried, honestly I tried. I tried to read it. I wanted to see the arguments because this is an area of interest to me. But I can't write a tl;dr - it would not sink in my brain. Part overview of the area, part, something else, I really have no idea what the author was trying to say Please enlighten me

This. I mean,

> Several crashes later, the gloom has returned, and the signs of autumn are once again most recognizable in the pronouncements of free-market capitalism’s erstwhile boosters.

I tried to read this sentence 3 times now, and I still do not know what it means. The same holds for entire paragraphs.

IMO the author needs a healthy dose of http://web.princeton.edu/sites/opplab/papers/opp%20consequen...

Re: After Capitalism?

#6

I tried, honestly I tried. I tried to read it. I wanted to see the arguments because this is an area of interest to me. But I can't write a tl;dr - it would not sink in my brain. Part overview of the area, part, something else, I really have no idea what the author was trying to say Please enlighten me

[deleted]

Re: After Capitalism?

#7
Such drivel. There is no "after capitalism," unless the concept of economics disappears completely.

Capitalism is simply the codification of a monetary transaction to which both parties agree. As long as there is supply and demand (finite resources) there is capitalism.

We have democratic socialism to make capitalism less brutal (read: less efficient but more humanizing) but demand is too fickle for most economies to be centralized much beyond that.

Re: After Capitalism?

#8

I tried, honestly I tried. I tried to read it. I wanted to see the arguments because this is an area of interest to me. But I can't write a tl;dr - it would not sink in my brain. Part overview of the area, part, something else, I really have no idea what the author was trying to say Please enlighten me

The article is a lot of incoherent rambling indeed.

My interpretation: Capitalism is on its last legs, but the "new left" has no idea what will be next, other than there will be robots, there is basic income and it's better than what we have now, just because.

Re: After Capitalism?

#10

I tried, honestly I tried. I tried to read it. I wanted to see the arguments because this is an area of interest to me. But I can't write a tl;dr - it would not sink in my brain. Part overview of the area, part, something else, I really have no idea what the author was trying to say Please enlighten me

The article is a lot of incoherent rambling indeed. My interpretation: Capitalism is on its last legs, but the "new left" has no idea what will be next, other than there will be robots, there is basic income and it's better than what we have now, just because.

He is strongly critiquing the notion that "there will be robots, there is basic income and it's better than what we have now, just because." He labels this notion "Accelerationism", and then the final section tears it apart (even the section discussing it is constantly pointing out its flaws). To wit, the closing paragraph: "Though the times are bad, the accelerationists presume that the state of the left will get better simply because it can, in principle, get better. An imaginative (if implausible) account of the future, accelerationism is a weak account of how anyone might be persuaded to get there. [...] The accelerationists seem to be telling us: forget about [political effort], [automation] will do that work [of distributing power to the masses] for us! But politics can’t get done by machines."
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