
Fully Automated Luxury Communism

almost every time. And yet a paradox has emerged. It has become clear that more ‘processor power’ is actually required for managing what we have historically considered to be low-level tasks for humans, such as motor-sensory coupling, spatial awareness and unanticipated responses. In other words, it is harder to build a machine that can wash the di
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So while solar presently provides little more than 2 per cent of the world’s electricity, trends observable for more than a decade indicate this is set to change dramatically – especially in those parts of the world where parity with fossil fuels will be achieved over the next ten years. Were the 40 per cent annual growth rate which has persisted o
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For a long time things seemed to go to plan, with improvements in productivity feeding through to higher wages and an increasingly widespread abundance.
Aaron Bastani • Fully Automated Luxury Communism
This unprecedented contraction of space and time would have particularly profound implications for the world’s rising economic superpower, the United States. In 1847, the journey from New York to Chicago took at least three weeks by stagecoach. A decade later, the same trip by rail took three days.
Aaron Bastani • Fully Automated Luxury Communism
The most detailed data available in the UK only serves to confirm a historic shift has taken place over the last decade, with those in relative poverty more likely to be in a working household than not. Most troubling of all is that this is accelerating: by the end of 2016, 55 per cent of people in poverty were in a household where someone was empl
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The first disruption took place around twelve thousand years ago as our ancestors transitioned from nomadic hunting and gathering to a life of settled agriculture. Referred to as the Neolithic revolution, this shift, powered by the innovation of domesticating animals and plants, generated something never known before: a sizeable surplus of food and
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Trump’s inauguration speech the following February stood in defiant contrast to the heady rhetoric of his predecessor, Barack Obama, when he assumed office eight years earlier. Claiming that the system was failing ordinary Americans, Trump’s explicit message of social decay and aggrieved nationalism became his immediate signature in office. And yet
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If Fukuyama’s words were naive in 1992, then in the decade that followed the financial crisis of 2008 they became positively ridiculous. Indeed, he admitted as much in a book he published on identity in 2018.
Aaron Bastani • Fully Automated Luxury Communism
This demand for constant offerings from taxpayers, hardworking families or ‘strivers’, all while living standards stagnate, means we are now experiencing what Eastern Bloc socialism endured after the 1970s. Two conspicuous hallmarks of that era similarly characterise our present: falling economic growth and crumbling ideological hegemony. The words
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