Why Capitalism Cannot Be Redeemed

In a way, the practitioners of capitalism created their own trap and fell into it. They accepted as fact a narrow conceptualization of business and then proceeded to practice it in that way, creating a self-fulfilling prophecy. Had they rejected the caricaturized version and embraced a richer, more complex definition of capitalism, this would not h

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While serving a life sentence in jail, Kaczynski wrote a little-known sequel to his manifesto, entitled “Anti-Tech Revolution: Why and How”. In it he outlines his belief that all technologically advanced civilizations become trapped in fatal games before they learn to colonize space. This happens because industry is driven by competition, and compe

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so many people end up trapped in local maxima. The argument of Book II is that the machinery of consumer capitalism is designed to keep us stuck here, that the moat is only ever getting wider, and this is compounded by the fact that we suck at making trade-offs across time—at weighing the second, third and nth-order consequences of our actions. Thi

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The key to the critique of capitalism is therefore the revaluation of value. The foundation of capitalism is the measure of wealth in terms of socially necessary labor time. In contrast, the overcoming of capitalism requires that we measure our wealth in terms of what I call socially available free time. As long as our measure of wealth is socially

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