Fully Automated Luxury Communism
Frase argues that we are facing a paradoxical crisis of both scarcity (ecological catastrophe) and abundance (AI & automation) at the very same time. Under these twin pressures, he argues, capitalism is going to end. The question is what will replace it. On intersecting axes of scarcity/ abundance and hierarchy/equality, he maps out a 2 × 2 gri
... See moreAndrew Boyd • I Want a Better Catastrophe: Navigating the Climate Crisis with Grief, Hope, and Gallows Humor
The most obvious benefits will flow to the “cognitive elite,” who will increasingly operate outside political boundaries. They are already equally at home in Frankfurt, London, New York, Buenos Aires, Los Angeles, Tokyo, and Hong Kong. Incomes will become more unequal within jurisdictions and more equal between them.
James Dale Davidson, Lord William Rees-Mogg • The Sovereign Individual: Mastering the Transition to the Information Age
I’m convinced unions played the most critical part in building the middle class in the past age of the automobile and mass production. Now we have to reinvent unions so that workers gain leverage in the current age of ubiquitous computing and networks. Designing policy to do so will be one of the most critical political challenges of the coming dec
... See moreNicolas Colin • Hedge: A Greater Safety Net for the Entrepreneurial Age
What will the economy of the future look like? To answer that we must first consider the current trajectory and the ways in which modern capitalism operates, who it benefits, and if it is sustainable.In this video, historians, economists, and authors discuss income and wealth inequality, how the American economy grew into the machine that it is tod... See more