I really enjoyed your erudite, challenging, intricate analysis of the modern history of capitalism. I was deeply disappointed though with your conclusions, which I felt to be overly masculine and susceptible to the lure of the hyper-expansionist.
Info tech and social media are indeed exciting for both the economic reasons you describe to do with undoing the capitalist power equation, and for the political reasons you describe to do with a systemic shift in organising principle from hierarchy to network. What a nexus!
However I feel that you overlook some other crucial feminine principles that must, if we and other species are to survive capitalism, be carried forward into postcapitalism. I’m looking forward to reading your new work on the future of sustainable economics, but will be doing so with the below questions shouting loud:
1. Why pursue growth when there is already plenty to go round?
2. Why minimalise the markets when they could be made to redistribute?
3. Why erode the cultural exchange and ties of trading relations in the community hub that the marketplace has always been?
4. Why depart from money when a truly neutral, non-scarce currency is such a useful and efficient tool?
5. Why burn our fossil fuels in a frenzy to find technological substitutions?
6. Why pollute the mountain village with Wifi when its community hall keeps its network intact?
7. Why deskill and disempower ourselves still further with replacement by machines?
8. Why forego the handmade alchemy that is manufacture from primary resources?
9. Why wash the land from our hands altogether when it could be reparcelled?
10. Why complete our deracination from nature to save it?
Let’s keep the baby, cherish what ain’t broke, level the playing field, stop accumulation, quit the race to the bottom, and value the greenest energy of all: humanpower!
Positive money and collaborative credit solutions could cool the whole system organically over 30 years through unlocking the growth mechanism by which capital capitalises: money creation as debt at interest. Extraction of surplus would cease to be a mathematical necessity, and so would growth. Honest transactions and sustainable initiatives would finally be free to thrive.
‘Change money: change the world!’
The Greens know this. The European left knows this. It’s high time Labour caught up.