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Why Capitalism Cannot Be Redeemed
if the ultimate aim of neoliberal capitalism is to create a world where no one believes any other economic system could really work, then it needs to suppress not just any idea of an inevitable redemptive future, but really any radically different technological future at all.
David Graeber • The Utopia of Rules: On Technology, Stupidity, and the Secret Joys of Bureaucracy
“An information economy may not be compatible with a market economy—or at least not one dominated and regulated by market forces primarily” because a system “based on markets, property ownership and exchange . . . cannot capture the ‘value’ generated by the new technology.” In other words, “it is increasingly evident that information goods conflict
... See moreMatthew Wizinsky • Design after Capitalism: Transforming Design Today for an Equitable Tomorrow
Unlike capitalism it believes that the free market, without periodic redistributions, creates inequalities that are ultimately unsustainable because they deprive some individuals of independence and hope.
Jonathan Sacks • A Letter in the Scroll: Understanding Our Jewish Identity and Exploring the Legacy of the World's Oldest Religion
Capitalism is an insecurity machine, though we rarely think of it as such. Alongside profits, commodities, and inequality, insecurity is a fundamental output of the system. Neither an incidental byproduct nor a secondary consequence of the concentration of wealth, it is one of capitalism’s essential and enabling creations. “The bourgeoisie cannot e... See more