by Summary:
Capitalism's Evolution: Industrial to Financial
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
Capitalism's Evolution: Industrial to Financial
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
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| Capitalism's Evolution: Industrial to Financial |
In the analog function of Singularity-point Lensing of information wave-packaging coherence-cohesion sync-duration resonances, the phase-locked omnidirectional-dimensional logarithmic condensation modulation cause-effect mechanism is a self-defining system for Math-Phys-Chem and Geometrical abstract arrangements for WYSIWYG QM-TIME Completeness, ie everything-that-matters is temporal thermodynamical real-time superposition Fluxion-Integral differentiates integrated metastability in/of relative-timing ratio-rates.., so the analogous interpretation of this "medium of exchange" concept has an association with solid-liquid-gas-plasma relative-timing phase condensation and geometrical "Gold-Silver balance/quantization Rule" of emergent Math-Physics identification.
Maybe it's Feynman type fooling oneself but monetary transactions, peer to peer must have a solid or sound industrial appearance, ..Contracts attempt to confine the natural fluidity of exchanges, and gaseous phase-shifting Thermodynamics is reminiscent of financial information hyperfluid guessing/theoretical values.
Are you drunk?
Wut?
Can someone please tell me the Michael he’s referring to? Hudson? What’s the specific narrative? Would love to learn more.
Yes, Michael Hudson the economist. I guess broadly his narrative here is that productive industrial capitalism in the U.S and the west, devolved into a 'rent-seeking' parasitical capitalism that feeds on the industrial host. Think of the FIRE sector in the US, (Finance, Insurance, Real Estate) .. One of Michael's books about this is aptly titled 'Killing the Host' .. Along with many other great books