
Saved by Jonathan Simcoe
The Synapse Sequence
Saved by Jonathan Simcoe
Comme l’a dit Marx, le capitalisme ne crée pas seulement un producteur pour le consommateur, il crée aussi un consommateur pour le producteur.
in the present phase of capitalist development, the distinction between production and reproduction has become totally blurred, as work becomes the production of states of being, “affects,” and “immaterial” rather than physical objects.36
Every hyperinflation looked the same. “Hyperinflations are always caused by public budget deficits which are largely financed by money creation.” But even more interestingly, Bernholz identified the level at which hyperinflations can start. He concluded that “the figures demonstrate clearly that deficits amounting to 40 percent or more of expenditu
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