Of Flying Cars and the Declining Rate of Profit

"Where, in short, are the flying cars? Where are the force fields, tractor beams, teleportation pods, antigravity sleds, tricorders, immortality drugs, colonies on Mars, and all the other technological wonders any child growing up in the mid-to-late twentieth century assumed would exist by now? Even those inventions that seemed ready to emerge—like cloning or cryogenics—ended up betraying their lofty promises. What happened to them?" (Source: The Baffler.com)

Absolutely brilliant, must-read article by David Graeber (“Debt: the first 5000 years”) about the lack of technological progress in the last 40 years.

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One Response

  1. Very clever article, thank you for putting it up. In the years since I watched the Jetsons and Tomorrow Today it seems that all we have achieved is to find new ways to consume ever increasing amounts of crap, there has been little to be proud of.

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