Post-Capitalism by Paul Mason review – a worthy successor to Marx?

As a slice of futurology this book is no better than its many, equally speculative rivals. But as a spark to the imagination, with frequent x-ray flashes of insight into the way we live now, it is hard to beat. In that sense, Mason is a worthy successor to Marx.

Sourced through Scoop.it from: www.theguardian.com

Good review of Paul Mason’s latest book in the Guardian.

See on Scoop.itThe Great Transition

The Eurozone’s Pyrrhic victory over Greece

the third bailout agreement destroyed everything and resolved nothing. Sooner or later, Greece and its creditors will be back in Brussels to continue their ritualistic late-night crisis talks; except next time around, the risks and consequences of a disorderly Grexit will only be greater, for there will be no credible political force to contain it. The Eurozone may have temporarily imposed a Carthaginian peace upon the “unruly” Greeks this summer, but the lessons of King Pyrrhus still loom ominously over the smoldering battlefield: one more such victory would utterly undo the single currency.

Sourced through Scoop.it from: roarmag.org

Europe’s new austerity diktat will not re-orient the Greek economy towards economic and ecological sustainability

See on Scoop.itThe Great Transition

How Economic Growth Fails

“one of the major roles of energy products is to support the growing overhead of our economy; this is what the discussion about the need for “net energy” is about. Thus, we need energy products that are cheap enough that they can be taxed heavily now, and still produce an adequate profit for those producing the energy products. If we find ourselves mostly with energy products that are producing cash flow losses for their producers, as seems to be the case today, this is an indication that we have a problem. We don’t have enough “net energy” to run our current economy”

Sourced through Scoop.it from: ourfiniteworld.com

Must-read article on the link between decreasing ‘net energy, debt and the economic limits to growth.

See on Scoop.itThe Great Transition

Interview: Paul Mason’s guide to a post-capitalist future

Mason is not alone in believing that humanity is on the cusp of a profound technological revolution, of course. What makes his analysis distinctive, however, is the way he fuses an account of the technological mutations of what used to be called “late capitalism” with an attempt to identify, as Engels put it in the late 19th century, the “midwife of the old society pregnant with a new one.” This won’t be the industrial working class, as Marx and Engels thought, but what Mason calls the “network.” By creating millions of networked people, Mason writes, “info-capitalism has created a new agent of change in history: the educated and connected human being.”

Sourced through Scoop.it from: www.prospectmagazine.co.uk

Great interview in Prospect about Paul Mason’s latest book ‘Postcapitalism: a guide to our future’

See on Scoop.itThe Great Transition

Investors could lose $4.2tn because of climate change, report warns

Investments in fossil fuel companies face serious risk from global warming, research by the Economist Intelligence Unit shows

Sourced through Scoop.it from: www.theguardian.com

Greek debt crisis is small beer compared to these figures, but still most capitalists will fight tooth and nail to prevent the dramatic measures needed – we need carbon austerity and different structural reforms.

See on Scoop.itThe Great Transition

The end of capitalism has begun

The modern day external shocks are clear: energy depletion, climate change, ageing populations and migration. They are altering the dynamics of capitalism and making it unworkable in the long term. They have not yet had the same impact as the Black Death – but as we saw in New Orleans in 2005, it does not take the bubonic plague to destroy social order and functional infrastructure in a financially complex and impoverished society.

Once you understand the transition in this way, the need is not for a supercomputed Five Year Plan – but a project, the aim of which should be to expand those technologies, business models and behaviours that dissolve market forces, socialise knowledge, eradicate the need for work and push the economy towards abundance. I call it Project Zero – because its aims are a zero-carbon-energy system; the production of machines, products and services with zero marginal costs; and the reduction of necessary work time as close as possible to zero.

Sourced through Scoop.it from: www.theguardian.com

Absolute must-read article from Paul Mason in the Guardian on the transition to a post-growth, post-capitalist society.

See on Scoop.itThe Great Transition

Fossil fuel industry must ‘implode’ to avoid climate disaster, says top scientist

‘The age of carbon is over’ and a transition to a greener economy is inevitable, says Hans Joachim Schellnhuber, adviser to the German government and Pope Francis

Sourced through Scoop.it from: www.theguardian.com

These ‘fossils’ are not going to organise this implosion themselves. Divestment campaigns is needed but more radical strategies are asked for (law suits?).

See on Scoop.itThe Great Transition

Greece needs a Plan C: for the commons and communal solidarity

Whatever the outcome of the referendum, tough times are ahead. To survive, Greek society will need to reinvigorate the commons and communal solidarity.

Sourced through Scoop.it from: roarmag.org

Written before the No referendum and Tsipras surrender to the politico-financial complex, this article shows the correct way for Greece: a plan C for a radical transformation of the economy based on communal action from below.

Syriza’s mistake: to accept the austerians framing of the alternatives.

See on Scoop.itThe Great Transition

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