petej + scarcity   46

Stockpile food in the event of a no-deal Brexit? Dream on | James Ball | Opinion | The Guardian
The UK food sector, like the UK car industry and much of the high-end goods and services economy, is a finely tuned machine, and the sort of disruption we might see in the event of a no-deal Brexit, such as chaos and delays at the border, would result in it grinding to a halt.

With their comments – presumably meant to assure us that they have a plan, or at least a clue – May and her ministers have shown us instead how woefully under-prepared we are. Brexit is perhaps the most complex thing the UK has attempted in the lifetime of most of us, and it is being run by people who don’t understand the absolute basics. In 2016, these sorts of concerns were constantly dismissed as “Project Fear”. In 2018, we now know that we have good reason to be afraid.
UK  EU  Brexit  noDeal  food  shortage  scarcity  stockpiling  fear  dctagged  dc:creator=BallJames 
july 2018 by petej
Paul Mason’s postcapitalism | Shores of Anarres
"This is where an anarchist analysis of the state, based on first hand experience and roughly 200 years of libertarian thought and struggles, together with a Marxian analysis of the role of the state in the rise of capitalism sounds an alarm bell the size of a Google server hall. Mason goes on to tell us that “It will need the state to create the framework – just as it created the framework for factory labor, sound currencies and free trade in the early 19th century” and that we need “to use governmental power in a radical and disruptive way; and to direct all actions towards the transition – not the defense of random elements of the old system”. There is however no mention how we are supposed to seize the state for these purposes, why we should expect it to already be on our side, or how we stop short of abusing that new power in the way power interests always have tended to abuse it – to protect themselves, the new elite, from enemies real and imaginary, known by a hundred different names."
technology  work  labour  Marx  Kropotkin  Keynes  capitalism  postCapitalism  post-capitalism  MasonPaul  utopianism  TheLeft  anarchism  state  abundance  scarcity  informationTechnology  food  housing  pharmaceuticals  power  control  politics  economics 
november 2015 by petej
Labour needs to define social democracy and the language to build it | Business | The Guardian
Social democracy requires abundance. Governments need a growing economy and rising tax revenues so that they can build schools and hospitals, make pensions more generous and tackle poverty. This was the case in the third quarter of the 20th century, when growth was strong and governments had more levers to pull. They could limit the movement of people. They had capital controls to limit the movement of money. And they had trade barriers to protect their own industries.

Borders are more porous in the age of globalisation. It is easier to move people, money and production around, but harder to protect jobs, wages and tax revenues. What’s more, in developed economies growth is slower than it was in the 1950s and 1960s; in some countries a lot slower. There is no longer the same sense of abundance and governments have fewer levers to pull.

To be fair, parties of the centre right struggle with the same problem. Globalisation is good for multinational corporations; it is good for a relatively small group of mobile workers and it is good for those sectors of the economy that are internationally competitive. In the case of the UK, that means financial and business services, which has become Britain’s speciality. Prosperity is most obvious in those parts of the country – such as London and Edinburgh – where there are the highest concentrations of banks.
UK  economy  postFordism  post-industrialism  crisis  socialDemocracy  abundance  scarcity  globalisation  migration  inequality  wealth  poverty 
may 2015 by petej
New Statesman | Paul Mason: what would Keynes do?
"But we have gone beyond the proletariat and the bourgeoisie. We have an educated demos alongside an underclass, and we are all toiling in a social factory where every act of production, consumption and leisure sucks us into a system of value creation based on debt, finance, monopoly.

By 2030, according to the Oxford Martin School, 47 per cent of all US jobs, mainly in retail and services, will be automated. Automation used to mean the replacement of physical labour by machines; now it means the replacement of mental labour by software – and software is just a machine that never wears out and costs nothing to reproduce. Unless whole new industries based on whole new sources of economic demand grow up, the purchasing power of the majority will fall; and ultimately there is only so much money you can print, and only so many asset bubbles you can stimulate, until it comes to a full stop.

Keynes imagined a future where rising wealth led to falling inequality. Instead, economic wealth has grown more slowly than he imagined but physical and information wealth has grown faster and begun to detach itself from the value system. The moment is coming where we have to recognise this and redesign society as boldly as Keynes’s generation did in the mid-1940s.

I think a modern-day Keynes would be obsessed with how to decouple work from income, production from price, organisation from ownership. We know what he achieved in practice: a workable system that revived global capitalism. But he also dreamed of something better than a system based on the pursuit of money.

Amid the pressing challenges – Eurofascism, repression, stagnation, political mistrust – the true Keynesian thing to do is to imagine a humanist future based on abundance and freedom, and explore what tools we have that might make it come about. There is no better time to imagine it."
technology  informationTechnology  automation  postFordism  work  labour  jobs  economics  profits  rent  scarcity  abundance  power  control  repression  inequality  Keynes  politics  dctagged  dc:creator=MasonPaul 
june 2014 by petej
Pics and It Didn’t Happen – The New Inquiry
"If everyday photography becomes temporary photography — if more people switch to apps like Snapchat and Poke — photos saved to more permanent locations like Facebook will become correspondingly more scarce and perhaps seem more important. Photographs taken and shared as temporary will impart more meaning to those chosen to be permanent. In the age of digital abundance, photography desperately needs this introduction of intentional and assured mortality, so that some photos can become immortal again."
Snapchat  photography  nostalgia  documentation  memory  persistence  ephemerality  scarcity  abundance  dctagged  dc:creator=JurgensonNathan 
february 2013 by petej

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