As for capitalism, I have trouble imagining that it can last more - TopicsExpress



          

As for capitalism, I have trouble imagining that it can last more than another fifty years, especially given the ecological issue. When the Occupy Wall Street movement was reproached for failing to frame concrete demands (even though it had in fact done so), I suggested—somewhat provocatively—that debts should be forgiven and the workday reduced to four hours. This would be beneficial from the ecological viewpoint and at the same time respond to our hypertrophied work time. (This means that we work a great deal at jobs whose sole purpose is to keep people occupied.) The present mode of production is based more on moral principles than on economic ones. The expansion of debt, of working hours, and of work discipline—all of them seem to be of a piece. If money is indeed a social relationship, founded on the assumption that everyone will assign the same value to the banknote that they have in their possession, shouldn’t we think about what kind of assumptions we wish to embrace regarding future productivity and commitment to work?
Posted on: Sat, 06 Dec 2014 16:33:53 +0000

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