“Exchange creates and requires scarcity. If everyone were giving to everyone else, there would be no need to exchange. The market needs scarcity to maintain the level of prices. In fact when there is an abundance of products scarcity is often created on purpose. An example of this is the plowing under of ‘overabundant’ crops (which may happen even when people are standing by who are hungry). On a larger scale scarcity is created 1. by the channeling of wealth into the hands of the few who then have power over the many; 2. by spending on armaments and monuments which have no nurturing value but only serve for destruction and display of power; and 3. by privatizing or depleting the environment so that the gifts of nature are unavailable to the many. The exchange paradigm is a belief system which validates this kind of behavior. Individuals who espouse it are functional to the economic system of which they are a part. Exchange is adversarial, each person tries to give less and get more, an attitude which creates antagonism and distance among the players. Gift giving creates and requires abundance. In fact, in scarcity gift giving is difficult and even self sacrificial while in abundance it is satisfying and even delightful.”
The video starts with Svandís Ósk Gestsdóttir giving the Z-Day 2020 Intro, then Giorgio Baruchello spoke about Maître à penser.
Born in Genoa, Italy, Giorgio Baruchello is an Icelandic citizen and works as Professor of Philosophy at the Faculty of Humanities and Social Sciences of the University of Akureyri, Iceland. He read philosophy in Genoa and Reykjavík, Iceland, and holds a Ph.D. in philosophy from the University of Guelph, Canada. His publications encompass several different areas, especially social philosophy, theory of value, and intellectual history. Since 2005 he edits Nordicum-Mediterraneum: The Icelandic E-Journal of Nordic and Mediterranean Studies
Modern Monetary Theory (MMT) is getting a lot of attention these days, thanks in large part to the excellent work of Stephanie Kelton and Nathan Tankus, two of the movement’s most effective communicators. Over the past few weeks a number of people inspired by their work have asked me whether there is scope for thinking about degrowth from a MMT perspective. My answer: definitely. In fact, the two belong together.
Abstract: This interview with globally distinguished Canadian philosopher and author, John McMurtry, presents dialogue discussing capitalism, asymmetrical power relations, life capital, social theory, common life interest, life value, global problems, market theology, media, values of the market and free market ideology today in relation to public education, academia, intellectual fads and the broader intellectual culture in relation to enabling public understanding of meaning-making and power, totalising market culture, climate, dispossession, health, influence, energy, labour, income, slavery, corporate welfare, neo-liberalism, the global ecosystem, and inequalities of class and power.
The Cancer Stage of Capitalism is a modern classic of critical philosophy and political economy, renowned for its depth and comprehensive research. It provides a step by step diagnosis of the continuing economic collapse in the US and Europe and has had an enormous influence on new visions of economic alternatives.
John McMurtry argues that our world disorder of unending crises is the predictable result of a cancerous economic system multiplying out of all control and destroying ecological, social and organic life – a process he describes as ‘global ecogenocide’. In this updated edition he explains the ‘social immune response’ required to fight the ‘macro cancer’, something which has already been shown in developments such as the Occupy movement and the democratic social transformation of Latin America.
In an official global culture increasingly destructive of life, this book shows the necessity and possibility of building a sustainable society based on a universal commitment to life and nature.
Free markets are often presented as the sole solution to poverty and human development. But the global market is inefficient and life-destructive, writes *John McMurtry*.
The article begins with an overview of the historic moment of ‘the end of the Cold War’, and of the paradoxically deepening moral, social, and environmental problems posed by the military system. It demonstrates that historical and contemporary analyses of defence and war have dogmatically presupposed the military paradigm, and have therefore failed to recognize the self-reproducing structure of coven premisses and inferences upon which it rests. In laying bare this underlying system of unreason, the analysis demonstrates that the military paradigm’s ultimately self-contradictory concepts of ‘security’ and ‘defence’ repose on unstated interests of social and political rule. Proposing new distinctions between pathological and life-enabling forms of war, and between guilty and innocent combatants, the argument develops alternative, non-military principles of war to guide rational and moral agency
You may or may not know that I was his private doctor, and I had several opportunities to discuss many issues on life, that were relevant to his life and that of the life of our community.
What became clear very early on was that he was mourning the diminution of our liberating communal spirituality by an enslaving materialistic religiosity, that had captured our political and economic systems of good governance and had created histories and legacies of mental enslavement of our people, still yet unseen.
In this light, I am going to take a deep history and deep heritage approach, to show from whence we came and to whither bound, to show how we can make the Great Turn to transform all of the rules of our social engagements so that they can uplift us to the highest heights and not lead us downtrodden to the lowest-lows.
Sir Probyn had pride of place of Brimstone Hill in his heart, for it manifested the unbreakable spirit in the hearts and minds and backs and hands and feet of the slaves who built it, as manifested in their superb craftsmanship.
For him this was proof of principle that no matter how diabolic the times were, THAT spirit could never have been extinguished and can NOW be tapped into as a source of transformation that guides our thoughts, feelings and actions, individually and collectively, in comprehensively inclusive and imaginatively creative life-enabling ways.
We live in a head-spinning, gut-wrenching time of multiplying crises. At home we face outsourced jobs, crumbling cities, underpaid teachers, unaffordable healthcare, endless wars, political corruption, a co-opted corporate media, skyrocketing inequality, and public “austerity” measures whose main purpose is to make tax-breaks for the rich more affordable. Working-class stagnation is producing widespread anxiety, mounting debt, and “despair deaths” from opioid abuse. Fear is fueling populist outrage, along with extremism, authoritarianism, and the conditions for a fascist takeover. Meanwhile, climate change poses an existential threat to humanity itself. All of these calamities spring from the same root cause: an oligarchic capitalism that puts short-term profit for owners over people and planet. While this system seems immutable, upheavals from Occupy Wall Street to the rise of right-wing populism signal a backlash to a political–economic establishment that treats people and planet as resources to be pillaged and expenses to be minimized. Its failures have also been driving the development of new possibilities in the form of more systemic approaches. Still, while systems thinking has improved approaches in fields from agriculture to medicine, so far none of these reforms have been able to channel public frustration into true transformation because none addresses the root problem: oligarchy. The science of systemic vitality we need is also being born, but so far, its findings are diffuse. This article shows how the science of energy systems can galvanize today’s economic reformation by articulating the common sense rules and rigorous measures of systemic vitality, while anchoring them in an evidence-based vision of humanity as a collaborative learning species. The result is a practical path to building systemic socioeconomic vitality by revitalizing human networks, energizing collective learning, and clarifying why oligarchic capitalism is a distortion of our original democratic free-enterprise dream, which is now careening toward collapse.
KEYWORDS: Big history, energy networks, economic development, great change, paradigm shift, regenerative economics, societal learning.
“The Excise, Parliament, the National Debt and the Bank of England nevertheless formed a kind of institutional “square of power” which was superior to any alternative arrangement -notably the French system of privatized tax collection based on sales of office and tax “farming,” minimal representation in the form of the parlements, a fragmented and expensive system of borrowing and no central monetary authority.”