The tendency of profits to decline is is what drives the supposed innovation of the capitalist system: the need to always move to a different horizon of extraction, to find untapped sources of value that can stave off this heat-death for just a little longer. Sometimes the state intervenes and slaps them away from one horizon of extraction (see: child labor laws,) but this only rarely happens.
Read MoreOne thing I noticed during the course of this conversation is a confusion of terms, though. We didn’t agree on what capitalism actually is. I’ve been turning this idea over and over in my head and that’s what I’m going to do today: provide a working definition of the problem.
Read MoreIt may be possible, within these universes to measure the direct amount of power that is generated by an act of devotion: one orison, one tiny miracle; do the rosary, get something bigger. This looks like an exchange between the person and the deity. Moreover, it is one that would necessarily have a magnitudinal component to it. Where does this lead?
Read MoreThe Space Western I described above is a fantasy for libertarians; Alien is a nightmare for socialists. The horror here is that Late Capitalism slipped the surly bonds of Earth and is spreading throughout space, consuming everything it touches.
Read MoreI’ve been struggling with it, myself. I have to ask: how do we keep the forward momentum on our projects when we have to rent our bodies for hours every day just to keep hot food in our bellies and a roof over our heads?
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