The idea that sustainability is no longer enough. We also should now be looking for regeneration.
“For many years, environmental campaigners have focused on the idea of sustainability – that we should be creating systems which use resources at a sustainable rate. For some campaigners, thinking has now shifted towards the idea of regeneration.
Many of our environments and societies are already damaged, so sustaining these in a damaged state makes no sense! What we need is systems that can regenerate damaged environments – by putting back more than they take out.”
Face masks meant to battle air pollution in urban cities have been around for decades, but never before have they appeared as glitzy, tricked out accessories for urban dwellers. Whatever you think about the environment, they’re a telling capitalistic solution to a problem that’s the fault of capitalism in the first place. (Source)
“We must do away with the absolutely specious notion that everybody has to earn a living. It is a fact today that one in ten thousand of us can make a technological breakthrough capable of supporting all the rest. The youth of today are absolutely right in recognizing this nonsense of earning a living. We keep inventing jobs because of this false idea that everybody has to be employed at some kind of drudgery because, according to Malthusian-Darwinian theory, he must justify his right to exist. So we have inspectors of inspectors & people making instruments for inspectors to inspect inspectors. The true business of people should be to go back to school & think about whatever it was they were thinking about before somebody came along & told them they had to earn a living.”
“will new technologies of production lead to greater free time for all, or will we remain locked into a cycle in which productivity gains only benefit the few, while the rest of us work longer than ever?”
Monetary policy is the process by which the monetary authority of a country, like the central bank or currency board, controls the supply of money, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.
Fiscal policy is the use of government revenue collection (mainly taxes) and expenditure (spending) to influence the economy.
Fiscal policy can be distinguished from monetary policy, in that fiscal policy deals with taxation and government spending and is often administered by an executive under laws of a legislature, whereas monetary policy deals with the money supply, lending rates and interest rates and is often administered by a central bank.
Stronger workforce representation can paradoxically lead to more automation of labour.
“… A recurrent capitalist dynamic: as workers become more powerful and better paid, the pressure on capitalists to automate increases.”
“When there is a huge pool of migrant farm labor, a $100,000 fruit picker looks like a wasteful indulgence. But when workers are scarce and can command better wages the incentive to replace them with machinery is intensified”
“The trend towards automation runs through the entire history of capitalism “
“Why replace a worker with a robot, if the worker is cheaper?”