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It is important to note that the ‘jobless future’ thesis has been around since the dawn of capitalism. Sure, many occupations have certainly vanished because of mechanisation. But steam power didn’t end the reliance on living labour and AI probably won’t either. What has changed, however, is the wa…

When we think of capitalism, we mainly think of the production of things. Commodities, services, experiences all have to be produced before they’re consumed. However, this type of capitalist activity takes time, investment and a paid workforce. Companies at the vanguard of the present, feudal-lik…

[...] A similar problem dogs liberal critics who call for a return to Keynesianism. It isn’t that capitalism has become corrupt and deviated from its underlying principles. No, the corruption has simply risen to the surface, especially given how the countervailing force of the labour movement has b…