The economy now
Those essential services, the doctors nurses shopkeepers farmers truckers, plus we the people sitting at home playing with themselves or each other while connected to the global brain via the Internet - that IS the economy now. It might be hard enough to save that economy, so let's stop talking about the abstract beast 'economy' which was nothing but an upward redistribution scheme selling the masses fake happiness to compensate for their fake work.
In defence of the basic income
There are some very good arguments for the basic income, eloquently summed up in numerous articles such as this piece in the Guardian. Personally, I feel good about the idea of a basic income. After a decade of open-source writing, I wouldn't want to change my habit. Whatever is really meaningful, we share diligently, enthusiastically ...
The most important function of the economic operating system is not to get capital together, but to get heads together
I admit it: I’m a fan of Yanis Varoufakis
I have watched many Youtube videos with the former Greek minister of finance, including television interviews, academic debates and a radio appearance in Australia commenting on the Greek elections as a young economics PhD. The man talks brilliantly. Because he speaks with an Oxbridge accent and adorns his well-formed sentences with tangible metaphors, he brings a ...
The Experience Economy
Years ago, our century had just begun, progressive voices heralded the transition from a product economy to an experience economy. Instead of selling cars, car companies told us in their advertisements that they were selling a "driving experience". Of course, we realized, the experience is everything. We go to restaurants in order to have a ...
Tractatus Logico-Economicus
0. The economy revolves around things. 0.1. Things are products, services, and consumers. 0.1.1. Products depend on finite natural resources. 0.1.2. Services depend on finite time. 0.1.3. An economy with a value-function based on products and services needs endless progress. 0.1.4. Endless progress combined with finite resources results in devaluation. 0.1.5. The value of products ...
Safehouses against capitalism
I'm penning these words while the election in the US is underway. Both candidates seem to give absolute priority to 'repairing the economy', to creating jobs, install the necessary pipelines, wage the necessary wars and destroy the necessary wildlife sanctuaries to keep gas conveniently low at the pump. This is insane and disgusting. What are ...