Saturday 30 March 2024

Epic Trilogy of Post-Capitalism

By Ajax the Great (Pete Jackson)

(Originally posted on the True Spirit of America Party blog)

The following three articles are all about the topic of the protopian transition to post-capitalism, to one extent or another, so I combined them all into one big article. 

DEGROWTH IS A NONSTARTER AND WON'T WORK.  HERE'S WHAT WILL INSTEAD.  (RE-POST)

From ecological overshoot to all of its attendant crises, including climate change, resource depletion, pollution, and mass extinction, along with the current global energy crisis, the idea of "degrowth" (i.e. a deliberate and planned shrinking of the economy) may seem like an appealing alternative in some circles.  However, not only is it a political nonstarter, but the level of central planning and austerity required would ultimately do more harm than good, get us permanently stuck in a bad place, and we would still end up destroying the Earth in the end (albeit a bit more slowly, compared to business as usual).  It would "flatten the curve", of course, but really just drag it out and prolong the pain without solving the problem.  In other words, it would basically be like Covid lockdown, only permanently, though hopefully minus all of the antisocial distancing and ocean-killing masks.  And we saw what a disaster that was, with the Global South faring the very worst in terms of collateral damage.

And that's before we get into the sort of extremely high and confiscatory tax rates (on both income and wealth) that would be required on not only the rich, but also on the middle class and working class, and even the working poor of the Global North.  Which the oligarchs would so artfully dodge with ease of course, leaving the rest of us holding the bag.  Though to be fair, not all degrowthers necessarily agree with that idea, and many prefer Pigouvian taxes on pollution and resource depletion (most notably carbon taxes), and perhaps also taxing advertising revenue as well, instead of income and wealth.

(For a flavor of a possible worst-case scenario, see Susan Cooper's dystopian novel Mandrake.  Then add hell AND high water to the mix.  Just lovely!)

Some excellent articles casting doubt on degrowth can be found here and here, truly food for thought indeed.

Of course, we clearly need to end our inane and insane addiction to growth for the sake of growth, the ideology of the cancer cell (as Edward Abbey famously said) which ultimately kills its host.  We need an economy that is no longer dependent on growth and can still provide prosperity for all with or without growth.  We need to stop obsessing over the fundamentally flawed metric of GDP, which really ultimately stands for God Damn Profits nowadays.  Rent-seeking, usury, artificial scarcity, cronyism, speculation, and other forms of parasitism and economic manipulation from the top down are the ultimate reasons why our current economic system is so hooked on growth for the sake of growth.

As the futurist Walter Ignatius Baltzley noted back in 2015, the only way to end this system of cannibalism (sorry, "capitalism") is to give it the ONE thing that it absolutely cannot survive:  ABUNDANCE.  That's right, capitalism needs scarcity to function, which is why it has to create so much artificial scarcity nowadays to prop itself up.  Capitalism will thus fatally overdose on capital, in other words.  Abundance is of course the polar opposite of the sort of eco-austerity of degrowth.  With enough abundance, we can humanely euthanize this dreadfully toxic system for good, and easily transition to post-capitalism, and ultimately a post-growth and post-carbon economy. 

For example, Baltzley in another article applies this idea directly to Big Oil.  How do you win a tug-of-war against a much stronger opponent?  By simply letting go of the rope, and letting them fall on their butt.  Thus, as crazy as it sounds, get out of the way and simply give the fossil fuel fat cats what they say they want so much.  Yes, you read that right.  Let 'em "drill, baby, drill", and "frack, baby, frack"!  The government can even buy their oil (and natural gas) at a premium and then turn around and re-sell it at a loss.  The resulting massive surplus of cheap energy would flood the market, bringing down the cost of living in general, and by doing so....will also bring down the cost of renewable energy alternatives like wind and solar that will ultimately replace fossil fuels, while oil and natural gas become less profitable over time.  In the very short run, it would be quite a boon for Big Oil, but in the long run it would be giving them the very rope with which to hang themselves.  (Fortunately for us, Big Oil is extremely shortsighted.)

Yes, it's quite the Hail Mary pass indeed.  But when both Plan A and Plan B have been ruled out as impractical and/or politically impossible, and time is running out, that ultimately leaves us with Plan C.

So what are we waiting for?  Prime that pump, and prime it good!  Let Big Oil and the oligarchs enjoy their utterly foolish pride before the fall.  Remember, the bigger they are, the harder they fall.

Oh, by the way, wanna hear a joke?  Peak Oil.  That's the joke.  Yes, oil production will inevitably peak at some point.  Duh!  And hopefully demand will peak before supply does.  But we still have more than enough to deep-fry the planet many times over.

Quite frankly, the biggest supply constraint of all right now is NOT geology, but rather geopolitics, as Europe is currently learning the hard way with Russia weaponizing its natural gas against them. And the aforementioned plan would solve that as well.  Canada alone could supply more than enough (liquefied) natural gas to Europe to be free from Russian energy dominance, but they won't, because they never developed the export facilities to do so in time.  That leaves the USA to fill in the gap, of course.

So what exactly will post-capitalism ultimately look like when the dust finally settles?  The TSAP doesn't claim to know the details.  But eventually it will very likely organically evolve into something like mutualism or a gift economy to one degree or another, as well as a "steady-state economy" of course. While a pure gift economy may not necessarily work at scale, a hybrid gift/exchange economy could be better.  Whatever it is, it has to develop organically.

One thing is absolutely certain, though:  if we are to create an economy that no longer has to "grow or die", we must first phase out and eventually abolish usury entirely.  That means that interest and all other kinds of fees for the mere use of money will need to be officially capped at ZERO, period.  (Or at least when the borrower is a natural person, as opposed to an organization or institution.)  To avoid seizing up the financial markets and crashing the economy, set a "sinking lid" at, say, 10% APR, and then gradually lower the cap each year until zero is eventually reached.  Usury has ultimately led to the "financialization" of the economy, inflation, worsening inequality, and just about every other social problem that has a name.  There is a reason why it used to be considered such a sin.  So let's make it history.

Oh, and by the way:  unless the population also shrinks as well at least as fast as the economy does, degrowth is, ipso facto, fundamentally an exercise in futility.  That is true both from an economic perspective as well as an ecological perspective.

FINAL THOUGHT:  We may have been a tad too harsh on some of the degrowth advocates, particularly Jason Hickel, by lumping them all together.  While our roadmaps for how to get there may diverge, the TSAP's ultimate goals for post-capitalism at least seem to be more or less the same as Hickel's (though that's not necessarily true of some of the other degrowth advocates out there).  Ditto for Charles Eisenstein and Kate Raworth as well to one degree or another.

See here as well.



Rasa says:  Pete Jackson, aka Ajax the Great, is brilliant as usual.  He understands how the Patriarchy works, knows the research, the experts, the books & the answers of how it’s to be UNDONE.  Great article.

THE (PARTIAL) SOLUTION TO "LIMBIC CAPITALISM"

"Limbic capitalism" is the term of art given to the phenomenon by which Big Business deliberately engineers addiction to various products and services to encourage more consumption, and therefore more profit.  It is an externality-generating practice that is ultimately a collective action problem at base.  We currently see it in practically everything from Big Tobacco to Big Tech to Big Media to Big Food to Big Booze to Big Pharma to Big Oil to Big Casino and so on, all the way up to and including Wall Street, the world's largest casino of all.  And of course, the only true and complete solution to end limbic capitalism for good is to end capitalism itself completely.

After all, it's all part of the same general addiction at base:  i.e. growth for the sake of growth, the ideology of the cancer cell, which eventually kills its host. 

That said, partial solutions can still be worthwhile, and we should not let the Nirvana Fallacy paralyze us in that regard.  Ending capitalism itself completely is a lot easier said than done, or at the very least is NOT a particularly quick process.  Thus, in the meantime, one "low-hanging fruit" measure to take is to pass a broad law that makes it categorically illegal to deliberately, and for no legitimate purpose, design a product or service to be more addictive than it would otherwise be.  That would of course include wilfully adding any gratuitous and questionable additives or features that cannot otherwise be legitimately justified.  That would of course include a wide range of troublesome food additives, and of course practically all tobacco additives a fortiori, but also the more subtle things such as curated "addictive feeds", "infinite scroll", and "frictionless sharing" on social media, and various blatantly gambling-like features built into some MMO video games as well.

Some things are of course naturally or inherently addictive (to one degree or another) in themselves, granted.  And humans are wired to seek such things out, thanks in part to our evolutionary baggage.  But there is NO justifiable or redeeming reason at all to deliberately make such things MORE addictive than they would otherwise be, for the sake of filthy lucre.

Of course, at the same time, we would also still be wise to heed Lysander Spooner's famous and timeless maxim:  vices are not crimes.  We ignore such a crucial distinction at our peril, as history has shown.

Rasa says:  As a Minister of God this sounds to me like people using the weak, the innocent or naive & those likely to go down the wrong path, all for the sake of profiting themselves.  That would be evil & sinful & Pete explains this in secular terms.  Well done.

OBJECTIONS TO UNIVERSAL BASIC INCOME DEBUNKED (UPDATED RE-POST)

(The following was originally written as a shorter article back in 2017, and was further fleshed out recently after re-discovering the old article.  I realize I hadn't quite made the best case for UBI in some previous articles, so I decided to post this one as well.)

Back in 2017, there was an article in The Week by Damon Linker titled, "The Spiritual Ruin of a Universal Basic Income".  He basically argues that it is a Very Bad Idea for the left to pursue the idea of a UBI because 1) it fails to address (and perhaps even intensifies) the psychological and spiritual consequences of joblessness, which are (in his view) distinct from and worse than the economic consequences, 2) most people couldn't handle joblessness even with a basic income, and would thus become depressed and purposeless and give themselves over to video games, porn, and/or drug addiction, and 3) the left should not concede that automation (and the resulting job losses) is in any way inevitable.  Because reasons, obviously. 

And all of these things are in fact false.  (Or to be exceedingly charitable, highly subjective at best.)

First, only a person of relative privilege could possibly see the economic consequences of joblessness as somehow entirely separate from, and less significant than, the (admittedly real) psychological and spiritual consequences of same.  The former can indeed cause or contribute to the latter in a big way, and it is very difficult to disentangle them.  Material poverty and desperation are in fact well-known to be objectively harmful to the mind, body, and spirit, and only meaningful work (as opposed to work for the sake of work) can really be said to be beneficial to same.  And when the economic consequences are resolved via a UBI, the remaining noneconomic consequences of unemployment would in fact become that much easier to tackle in practice.  Think about it. 

(Maslow's Hierarchy of Needs, hello!  Only when the lower rungs of basic physiological and security needs are satisfied (which UBI does) is it even possible to even partially achieve the higher rungs.)

Second, there is NO logical reason why a UBI and the sort of New Deal 2.0 jobs program that Linker advocates would be mutually exclusive.  The TSAP, in fact, advocates exactly that combination, with both a UBI and a scaled-up Job Corps style program for everyone who wants one (even if not quite a guarantee).  We also advocate shortening the workweek as well, which would spread the remaining work among more workers, thus more jobs.  (The vaunted 40 hour workweek is literally a relic of 1938, and even then was almost going to be set as low as 30 hours.)  Thus, the noneconomic consequences of joblessness can also be adequately dealt with as well, and in any case, one can always choose to do volunteer work (and there most likely will still be plenty of that available) to get the same ostensible psychological and spiritual benefits as paid work.  So that is NOT a valid reason for the left to abandon the idea of UBI, anymore than it would be a reason to abandon the idea of a social safety net in general.

(Actually, John Maynard Keynes, along with many other futurists, predicted that with the increases in productivity due to technology, the average workweek would eventually shrink to 15 hours by the end of the 20th century.  Of course, that didn't happen, since the oligarchs took nearly all the fruits of the productivity gains since the early 1970s, thanks to neoliberalism.)

Third, the idea that UBI will cause most people or even a particularly large chunk of the population to become lazy and/or self-destructive is NOT borne out by the facts.  Numerous experiments with UBI and related schemes have been conducted in diverse cultures and locations in the past half-century, and the overwhelming weight of the evidence to date strongly suggests that this will NOT occur.  If anything, one notable effect is an increase in entrepreneurship due to a decreased fear of failure and more time and money to invest in their goals. Students and new mothers will likely work fewer hours than before since they are no longer forced by dint of economic necessity (the effect on hours worked is likely negligible for everyone else), but is that really such a bad thing?  Of course not.

No serious proposal for UBI has advocated one large enough to "live large" on that alone.  (The most common proposals, including the TSAP's, rarely exceed $1000/month per adult and $500/month per child under 18.)  Thus, there will still be plenty of incentive to work, since unlike traditional means-tested welfare programs, there is no penalty for earning more money than some arbitrary threshold.

In any case, with or without UBI, workers will work, and shirkers will shirk regardless.  Employers may (at first) not be pleased about having to pay somewhat higher wages than before to attract and retain quality employees, but them's the breaks for solving collective action problems.  In other words, it would now have to be entirely by mutual consent, not desperation or coercion.  And ultimately, even the employers themselves will benefit in the long run as well, as Henry Ford famously noted long ago.

(If we really want to incentivize work in the event of a labor shortage, we can, in addition to UBI, expand and convert the EITC to a simpler "reverse payroll tax" that automatically tops up workers' paychecks by matching dollar for dollar up to a point.  Such carrots would work far better than sticks in the long run.)

(And to all of the truly horrible and insufferable bosses out there, well, hear that?  That's the sound of me playing the world's smallest violin for you.  So go swallow your pride (and greed, envy, gluttony, sloth, wrath, and lust, while you're at it), before it swallows you whole.  And at the same time, to all of the users, welchers, leeches, dregs, and ne'er-do-wells, there's the door.  Don't let it hit you on the way out!)

Nor is there any credible evidence that substance abuse would significantly increase either as a result of UBI, and it may even decrease.  But just to drive the point home even further, Silicon Valley entrepreneur Sam Altman argues that even if 90% of the population sat around smoking weed and playing video games instead of working, a UBI would still be better on balance than not having one, as everyone would be free to pursue their passions, and the remaining 10% would innovatively create new wealth.  Not that he thinks that 90% would actually do that, of course, and nor do we, but the point was well-made nonetheless.  One can also point to the Rat Park studies as well.  It is amazing how addiction of any kind diminishes or even disappears when rats (or people) are not treated like caged animals in the aptly-named "rat race"!

(Some cynics will inevitably bring up the infamous Universe 25 "mouse utopia" experiments, but that would really be a gross disanalogy, since a gilded cage is still a cage regardless. And in any case, at the end of the day, rats and mice are not people.)

And finally, a real pragmatist would realize that automation really is inevitable in the long run.  Contrary to what the neo-Luddites like to argue, fighting against it will NOT stop it, only delay it a bit.  The best that we genuine progressives can do is admit that fact and do whatever we can to ensure that the fruits of this automation will benefit all of humanity, and not just the oligarchs at the top.  To do so, we must take the power back from the oligarchs.  And a crucial step to that goal is a Universal Basic Income, so We the People can actually have some bargaining power, no longer dependent on our employers for survivial.  No longer would anyone have to be at the mercy of the all too often merciless.  Whether we get this one right will basically be the difference between a futuristic pragmatic utopia or protopia (as Buckminster Fuller envisioned) or a horrifying technocratic dystopia straight out of 1984Brave New World, or [insert other dystopian novel here].  So let's choose the right side of history!

After all, as the late, great Buckminster Fuller--the Leonardo da Vinci of the 20th century, famously said all the way back in 1970:
We should 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 and people making instruments for inspectors to inspect inspectors. The true business of people should be to go back to school and think about whatever it was they were thinking about before somebody came along and told them they had to earn a living.
Thus, on balance, a Universal Basic Income Guarantee for all is a good idea regardless.  A win-win-win situation for everyone but the oligarchs.  And the only real arguments against it are selfish, patronizing, paternalistic, and/or sadistic ones, which really means there are NO good arguments against it in a free and civilized society.  So what are we waiting for?

For more information and a much deeper dive into this topic, see the TSAP's "Why UBI?" page.  See also this other article of mine for a perspective more relevant to Matriarchy.

P.S.  I realized that the above arguments are largely utilitarian or consequentialist in nature, which still leave the reader wondering about nonconsequentialist or deontological arguments.  For the latter, Immanuel Kant's categorical imperative can also be said to apply to UBI:  "Always treat humanity as an end in itself, and never solely as a means", as well as his principle of universalizability.  Or as Robert Reich says, "The economy exists to make our lives better. We do not exist to make the economy better."  And let's not forget the Golden Rule:  "Do unto others, what you would have others do unto you", per Jesus Christ, plus the more subtle Silver Rule "Do NOT do unto others, what you would NOT have others do unto you," per Confucius, as well.  Thus, even when ignoring all utilitarian arguments, the case for UBI still exceeds any case against it.

And in case anyone brings up the "original intent" of the Founding Fathers of the USA, keep in mind that one of them, Thomas Paine, actually advocated for some flavor of what we would now call UBI, what he called a "demogrant".  So UBI is actually well within the envelope of the Founders' idea of limited government, and truly transcends the usual left-right political spectrum.  Such disparate thinkers from Dr. Martin Luther King Jr. to Milton Friedman to Charles Murray to Nina Turner to Andrew Yang to Ellen Brown to Rodger Malcolm Mitchell to even (however briefly) Hillary Clinton have all gone on the record supporting some flavor of UBI, as has the entire libertarian-leaning red state of Alaska since the 1970s.

After reading all of this, truly even the most utterly jaded of cynics can finally see the inherent pragmatism behind the whole concept, alongside the simultaneous idealism.

(See also some recent articles that directly or indirectly mention the concept of UBI, here and here.)

And regardless, if we make the perfect the enemy of the good, we ultimately end up with neither. 

(Mic drop)

Rasa says: This makes a great argument for UBI.  But of course they won’t do it. Why?  Because it means taking so much money which the rich have stolen from the poor & giving it back to them.  The Patriarchal system is one of exploitation.  It’s calling them to make a U turn away from their policies - fat chance.  It’s telling Patriarchy not to be Patriarchy.  King Louis XVI tried to get the nobles to give up some of their wealth as the country was bankrupt, but they refused. {Sadly, part of the reason was financing our Revolution, of which we never paid back one cent.} The wealthy will always refuse to give up what they have voluntarily; you have to cut off their heads.  Good article.

4 comments:

  1. I will add: they could simply use the newly created money each year to fund UBI and so many other things that would benefit We the People, but instead they choose give it to the big banks via the FERAL Reserve. Why? Because money is power, and the oligarchs want to lord it over us all and rig the game in their favor. Money can either be *lent* into existence by banks (usually at interest, which they don't create when they create the principal, but rather extract from the borrower), or it can be *spent* into existence by the same government that issues the currency. It is obvious which one the oligarchy (and patriarchy) will choose every time.

    The greedheads ultimately see life as a zero-sum game, in which for one person to win, someone else has to lose. Hence their tendency to hoard and aggrandize rather than share their vast wealth. But in the long run, there is really no such thing, as per the principle of "ubuntu" ("I am, because we are"). Everything ultimately turns out to be either a positive- or negative-sum game in the long run. And the oligarchy is of course a negative-sum game on balance.

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  2. Of course, one can have a zero-sum in the short run. But eventually, by milking and extracting existing wealth, it cannibalizes the proverbial golden goose, and it ultimately turns into a negative-sum game in the long run. One can only draw on interest for so long before drawing on capital, and one can only draw on capital for so long before one runs out.

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  3. I just added your comments to this article interspersed within. Thanks again, Rasa :)

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  4. Ajax, is this not the same as giving welfare to everyone or perhaps all those who don't have work? And the rich would be 100% against that. Doesn't it go against everything Patriarchy stands for, as it is an agenda of greed, exploitation, using others, controlling them to benefit a privileged few? That's what it boils down to so naturally they will never do it. You researched & worked out every nuance of this issue, these are great articles that make our blog truly worth reading. Rasa

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