The effects of this economic settlement are all around us, in the spiralling wealth of financial elites, the dilapidated public realm, unaffordable housing and contin- ued investment in technologies - such as coal-powered generators - that harm us. Attributing all of this to 'the market', as if nobody designed it and there are no centres of power within it, prolongs the failure to understand it. Capitalism, unlike markets, has command centres. Capitalism, unlike markets, shrouds itself in complexity. On the other hand, the implication of The Price

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Pauline von Hellermann (pvonhellermannn@mastodon.green)'s status on Saturday, 04-May-2024 21:50:47 JST Pauline von Hellermann

#FollowTheMoney 🧵27/n The piece btw contains a necessary critique of my sci-fi “money rules” take a few posts above. Although i still like the idea of all this being a kind of superorganism. But yes, it is about power - political economy, not just economy.

In conversation about 7 months ago from mastodon.green permalink