Beyond Money

  • Evidence of the capitalist waste discussed here is displayed well in Bullshit Jobs
  • On writing off debt as solution to debt crises, pg39 “if the company fails to produce as expected […] the capitalists’ /dreams of their ostensible worth/ are indeed lost” and that worth is indeed only a dream, ‘potential worth’ means there can be no loss, there was nothing there to lose— “In a pro-worker and environmentalist framing of these losses, /the effort of workers and Earth’s materials and energy have been wasted under capitalist management/.”
  • capitalism needs growth, growth needs exploitation and inequality
  • Disney’s Pocahontas - “You think you own whatever land you land on / The earth is not a dead thing you can claim.”
  • “Capitalism has no operating processes to either stabilise or reduce production: the compulsion to reproduce beyond itself is a systemic necessity. Thus, the key barrier to necessary change is that market-based economies not only will not, but actually cannot, allow production to wax and wane according to people’s and earth’s needs.” #resources #hyper-growth #sustainability #ecology
  • “Pro-capitalist ideologies such as neoliberalism convincingly promote growth as capitalism’s strength. In fact, […] growth is capitalism’s critical weakness; ” #neoliberalism #hyper-growth
  • “Rather than everyone recieving an equal amount of money, a just approach recognises multi-various contributions, diverse needs and various ways of satisfying them.” #marxism #diversity #neurodiversity hidden labour
  • Marx- “Even an entire society, a nation, or all simultaneously existing societies taken together, are not the owners of the earth. They are simply it’s possessors, it’s beneficiaries, and have to bequeath it in an improved state to succeeding generations.” #marxism #stewardship
  • Marx- “Man lives on nature - means that nature is his body, with which he must remain in continuous interchange if he is not to die. That means physical and spiritual life is linked to nature means simply that nature is linked to itself, for man is a part of nature” #marxism #interconnection
  • “Money grows out of, is central to, and reproduces reductive ways of thinking. Money becomes the hub, form, seed and product of capital as a system, a social system, a productive system.” Free trade, free will? - page 33 #capital #currency
  • “Private property is not only the result, but also the premise, of trade. ”… “Thus, the idea of private ownership is a fundamental assumption of trade, of monetary exchange.” #trade #currency
  • “Trade disables practices of commoning and sharing even as it is touted as enabling freedom, free movement and free activities” #trade #commoning #sharing
  • Money represents demand and supply, labour time and energy expended, it is all equal exchange - NO, money literally represents itself, and therefore nothing “Money offers no promise or potential as a rational form of calculating the benefits and disadvantages of producing on the basis of communal and ecological needs”plus chapter 3 alternatives, “Even if labour time involved in production or was the basis of price, and the primary influence on the value of money - or we contrived it to be so - this would not assist in either achieving ecological sustainability or a socially just system of production or distribution.” on labour value -page 37
  • “I hold that labour is the socio-political substance and essense of the mass of exchange value, including surplus value, within capitalism in a profoundly similar way to Marx’s philosophy, but without recourse to the notion of equal exchange. I neither think that ‘equal exchange’ is usefully retorted in Marx’s theory nor, and this is the most significant point, is equal exchange a useful concept for creating an appropriate post-capitalist society. Monetary efficiencies are not efficiencies oriented around the interests of workers or ecosystems.”
  • “Market rationalisation is less persuasive once we frame discourses to ask: ‘Whose efficiency?’ ‘Whose logic?’ “In this monetary world, not only is there no driver but also no driver’s seat. The closest we have to a decision maker is the abstraction of money, which usurps potential participatory democracy whereby we might collectively preside over what we produce, where and how we produce it, and for whom.’