Nectar: {erspma; |
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HeartDepot.com |
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Molecules of Economics 8:16 PM 15 AUG 2020. Hi Professor Wolff! |
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Beirut Harbor blows up, and the explosion wipes out capitalism in the neighborhood. A free economy rises from the rubble, and I'm curious how long it takes the molecules of capitalism to drift back in, alight, and take root. |
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I'm piecing together a theory of The Future, from which the peoples there view our current events as memories coming from Their History or from Their Past. |
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How will their historians look back at you and at me and to our efforts to shape The Future? I see the molecules of capitalism as ambient slavery, taxation, and predatory lending, do you? |
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I'm thinking of the ideas you express over the radio as the molecules of a new economy and am having trouble with their precise structure, and for that matter, the economy of all I do at taxi1010.com which to date has no clear route to being other than completely free, which is clearly the realm of a well-meaning child. |
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Best always, |
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Richard Wolff 8:11 AM ==> |
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Dear Richard Ames Hart, |
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Thanks for your email; it is intriguing. I like your idea of ambient molecules and likewise your wondering how future historians will account for today's crazinesses. History is as it always has been our best guide. |
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Here is a key molecule for a genuinely free economy in the future: organization of enterprises doing the production of goods and services (workshops, factories, offices, stores): each enterprise comprises a work community (as distinguished from a residential community). Both communities are organized democratically: one person, one vote. Major production and distribution decisions are made by all enterprise members democratically. These include hiring, firing, growing, choice of what, how and where to produce/distribute and what to do with net revenues/surpluses. On the basis of such a worker coop enterprise system, an economy and society can be built that avoids most of today's capitalist crises - although it will have its own contradictions and thus its own movement through time. |
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Hope this is of some interest. |
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{erspma; is not a typo: visit c-socket.com. Feel free to plug in. RichardRoe @ aol.com. |
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