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Blockchain and the Commons
Recent years have seen a surge of interest in ‘the commons’ based on a simple yet radical idea: great improvements in production and management could be achieved by reducing barriers to knowledge exchange and power-sharing. Ranging from meadows, forests and parks to language, open-source software (FLOSS and Blockchain) and 3D printers, the commons are distributed or common property resources/infrastructures that are self-managed by their user communities. While acknowledging the significant contributions that can be made through commons-based peer production, this book provides a critical examination of the commons with the aim of contributing to their long-term sustainability. In partic...
The Commons
This book explores the potential creation of a broader collaborative economy through commons-based peer production (P2P) and the emergent role of information and communication technologies (ICTs). The book seeks to critically engage in the political discussion of commons-based peer production, which can be classified into three basic arguments: the liberal, the reformist and the anti-capitalist. This book categorises the liberal argument as being in favour of the coexistence of the commons with the market and the state. Reformists, on the other hand, advocate for the gradual adjustment of the state and of capitalism to the commons, while anti-capitalists situate the commons against capitalis...
Bernard Schmitt’s Quantum Macroeconomic Analysis
The aim of Bernard Schmitt’s analysis of the monetary economy of production was twofold: to introduce and to explain the logical character of the macroeconomic laws governing our economies and to explain the origin of the pathologies that follow if these laws are not complied with. Schmitt’s main original contributions concern the theories of value, profit, and capital, as well as his explanation of inflation, unemployment and international payments, unified as quantum macroeconomic analysis. This book expounds on the key principles of quantum macroeconomic analysis as he conceived and developed them. Schmitt’s starting point was the analysis of bank money and the way it is associated ...
Temporary Economic Crises
In traditional theory of economic crisis, and in all its manifestations, there is no fundamental difference between economic disorder and economic crisis: the two types of economic turmoil are both considered temporary states. This book is a methodical study of deep-seated causes of economic crises. The aim of the book is to explain the key difference between economic disorder and economic crisis. Its key argument is that economic disorder is a permanent condition, whereas economic crises are a series of transitory periods. Economic crises, unlike economic disorders, are acute and frenzied volatilities that are unpredictable and short-lived. Humans cannot survive in a condition of perpetual ...
Permanent Economic Disorder
All schools of thought in economics, explicitly or otherwise, have referred to economic disorder as a self-evident fact. They have also unanimously considered it to be a temporary state. By contrast, this book contends that economic disorder is an interminable condition of human existence. From this perspective, the present study brings to light the misunderstanding of successive generations of economists on economic disorders. This book provides an alternative exposition of economic disorder and correctional measures that can be taken in order to correct these misconceptions. The analysis offered in this book is a scholarly work that provides a thorough explanation of the hidden dimensions ...
Beyond Digital Capitalism: New Ways of Living
Essays that explore new ways of living with technological change Every year since 1964, the Socialist Register has offered a fascinating survey of movements and ideas from the independent new left. This year's edition asks readers to explore just how we need to live with new technologies. Essays in this 57th Socialist Register reveal the contradictions and dislocations of technological change in the twenty-first century. And they explore alternative ways of living: from artificial intelligence (AI) to the arts, from transportation to fashion, from environmental science to economic planning. Greg Albo - Post-capitalism: Alternatives or detours? Nicole Aschoff and Pankaj Mahta - AI-deology: Sc...
Digital Platforms and Algorithmic Subjectivities
Algorithms are a form of productive power – so how may we conceptualise the newly merged terrains of social life, economy and self in a world of digital platforms? How do multiple self-quantifying practices interact with questions of class, race and gender? This edited collection considers algorithms at work – for what purposes encoded data about behaviour, attitudes, dispositions, relationships and preferences are deployed – and black box control, platform society theory and the formation of subjectivities. It details technological structures and lived experience of algorithms and the operation of platforms in areas such as crypto-finance, production, surveillance, welfare, activism in pandemic times. Finally, it asks if platform cooperativism, collaborative design and neomutualism offer new visions. Even as problems with labour and in society mount, subjectivities and counter subjectivities here produced appear as conscious participants of change and not so much the servants of algorithmic control and dominant platforms.
AI for Everyone?
We are entering a new era of technological determinism and solutionism in which governments and business actors are seeking data-driven change, assuming that Artificial Intelligence is now inevitable and ubiquitous. But we have not even started asking the right questions, let alone developed an understanding of the consequences. Urgently needed is debate that asks and answers fundamental questions about power. This book brings together critical interrogations of what constitutes AI, its impact and its inequalities in order to offer an analysis of what it means for AI to deliver benefits for everyone. The book is structured in three parts: Part 1, AI: Humans vs. Machines, presents critical pe...
Capitalism and Agrarian Change
Small-scale agricultural producers in the peripheral world are often condescendingly assumed to be a single social class (‘the peasantry’) to be pitted against the state or corporation. This book challenges this rather idealistic view by demonstrating that under current capitalist social relations (competition, efficiency and productivity, and profit maximisation), these agricultural producers have been differentiated into different agrarian classes by exploitation. By comparing two different contexts of local agrarian change in Indonesia—rice cultivation in Java and oil palm in Sumatra—this book exposes the different class locations of the agrarian classes among petty agricultural p...
Marx and Le Capital
Over the past few years, Marx’s Capital has received renewed academic and popular attention. This volume is dedicated to the history of the making, the theoretical evaluation, and the analysis of the dissemination and reception of an almost unknown version of Capital: the French translation, published between 1872 and 1875, to which Marx participated directly. In revising this version, Marx decided to introduce some additions and modifications, not hesitating to describe in the postscript Le Capital as ‘a scientific value independent of the original’. To mark the 150th anniversary of the French translation of Capital (1872-2022), 15 authors have helped to shed light on its history and ...
