by Summary:
Interesting form the point of view of the changing nature of the mode of production from industrial to digital. This suggests that an economic system more appropriate to emerging conditions is in the making — and in the interregnum it will be somewhat messy, especially given the accumulated challenges arising from negative externalities such as climate change This further suggests a new phase on the historical dialectic where opposing forces hammer out the response to systemic shifts in social, political and economic terms. The result is a period of uncertainty and conflict before the dominant trends emerge from the fog of change in a complex adaptive system comprising nearly ten billion people. I think that terms like "capitalism" and "socialism" may be becoming less
Topics:
Mike Norman considers the following as important: capitalism
This could be interesting, too:
Interesting form the point of view of the changing nature of the mode of production from industrial to digital. This suggests that an economic system more appropriate to emerging conditions is in the making — and in the interregnum it will be somewhat messy, especially given the accumulated challenges arising from negative externalities such as climate change This further suggests a new phase on the historical dialectic where opposing forces hammer out the response to systemic shifts in social, political and economic terms. The result is a period of uncertainty and conflict before the dominant trends emerge from the fog of change in a complex adaptive system comprising nearly ten billion people. I think that terms like "capitalism" and "socialism" may be becoming less
Topics:
Mike Norman considers the following as important: capitalism
This could be interesting, too:
Stavros Mavroudeas writes Is Neoliberalism still the dominant economic paradigm in the West today? – S.Mavroudeas
Peter Radford writes Here we are
Peter Radford writes The Geology of Economics?
Dean Baker writes Capitalism and Democracy: The market is far more flexible than Christopher Caldwell imagines
Interesting form the point of view of the changing nature of the mode of production from industrial to digital.
This suggests that an economic system more appropriate to emerging conditions is in the making — and in the interregnum it will be somewhat messy, especially given the accumulated challenges arising from negative externalities such as climate change
This further suggests a new phase on the historical dialectic where opposing forces hammer out the response to systemic shifts in social, political and economic terms.
The result is a period of uncertainty and conflict before the dominant trends emerge from the fog of change in a complex adaptive system comprising nearly ten billion people.
I think that terms like "capitalism" and "socialism" may be becoming less appropriate as the world is more and more enmeshed in a "'paradigm shift," as Ray Dalio has observed. Just as agriculture was not foreseeable in the hunter-gatherer stage of humanity's development, or industry in the pre-technological age of feudalism' so too, it may not yet be possible to discern the outlines of what is emerging and what kinds of conditions will accompany this.
I am old enough to remember when Dick Tracy's wrist radio was far-out, and saw the distribution of technology over the 20th century — the electric light, automobiles, radios, aircraft travel, television, and the computer. What will people coming along now see — robotics, AI, bio-medicine, space travel....
Thinking chiefly in terms of existing categories like "capitalism" and "socialism" as presently conceived is looking backward to see the future.
The New Anti-Capitalism
Harold James | Professor of History and International Affairs at Princeton University and a senior fellow at the Center for International Governance Innovation