“Inventing the Future: Postcapitalism and a World Without Work”
book by Alex Williams and Nick Srnicek, 2015
notes from Blinkist
PostCapitalism by Paul Mason (2015) offers a close examination of the failures of current economic systems. The 2008 financial crisis showed us that neoliberal capitalism is falling apart, and these blinks outline the reasons why we’re at the start of capitalism’s downfall, while giving an idea of what our transition into postcapitalism will be like.
The book begins (chapters 1–2) by critiquing dominant left-wing thinking in the West.
Contrasts left-wing folk politics with the success of neoliberalism in achieving global cultural hegemony.
Folk politics isn’t working.
Most people don’t distinguish between Liberalism vs. neoliberalism.
The current political tactics of the left are failing for working people. To succeed in transforming society, the left must take a page out of the right-wing playbook and build a long-term, strategic vision that offers an alternative to the current neoliberal, capitalist world order.
The most important takeaway is that the left needs to build a similarly long-term, strategic vision. To do so, the left will need to abandon its fear of organizational secrecy, hierarchy and rationality. Such changes are essential if we are to build and sustain a comparably hegemonic position.
Automation and unemployment are increasingly likely.
Universal basic income is the key to creating a world after capitalism.
In the 1960s and 70s, basic income was a core proposal of the US welfare system. Economists, NGOs and policymakers were all exploring the idea in great detail. In fact, 1,300 economists signed a petition urging the US Congress to pass UBI, and two presidents, Richard Nixon and Jimmy Carter, attempted to pass it as legislation.
Support has come from writers like Paul Krugman and Martin Wolf, and news outlets like the New York Times and the Economist.
“The goal of the future is full unemployment” – Arthur C. Clark
Orwell wrote, “the job of the thinking person is not to reject socialism but to make up his mind to humanise it”
What happened to Occupy?