Activity

[...] Science and technology could be tools used by workers to help democratically coordinate society, from the bottom up, leaping over the centralization/decentralization dichotomy. Instead of having engineers and operations researchers craft the models of factories, programmers would be under the…

What kinds of transitional demands could such forces make to hasten future socialization? There are relatively small, but meaningful, steps such as creating a public payments system—to ensure that every time you tap your credit or debit card, it is not a private company getting a cut and setting th…

The financial managers of the global economy—the vast majority working at private rather than central or other public banks—occupy a class, not a control room. They share much in terms of wealth, positions of power, education, and lunches in Davos. But as individuals they have their own histories, …

These cycles of boom and bust are not, however, pure anarchy. Capitalism, too, has something akin to an economy-wide central planner: the financial system—the first car in the rollercoaster, managing spirits and rationing investment. Economist J. W. Mason, who has developed the idea of finance as p…

[...] Instead of optimizing the satisfaction of our needs and desires, as well as workers’ working conditions and livelihoods, Amazon’s plans are geared toward maximizing profit for its shareholders—or future profit, since Amazon keeps plowing money from sales into research, IT and physical infrast…