Another biting critique of contemporary capitalism ends, well, perhaps. . .

If public and open markets are no longer the main mechanism of distribution of goods and services, if the allocation of financial resources is subject to the idiosyncratic whims of a few gargantuan corporations, if Big Tech companies acquire a significant part of their capital for free because consumers do not own their data – that is, if rent has displaced profit in our political economies – then indeed, are we still speaking of capitalism?. . .That is, [this means] facing up with the fact that along with neoliberalism, the familiar toolbox of progressive politics (e.g. taxation, regulation and mobilisation), has also become passé – or at least inadequate for the challenges that lie ahead. Perhaps we must think and act more radically.

https://www.postneoliberalism.org/articles/what-comes-after-neoliberalism-big-tech-and-asset-managers-as-the-new-rentiers/

Or perhaps we just ignore such endings. There is no perhaps when it comes to demanding details for our next steps ahead.

Leave a comment