Saturday, 4 October 2008
Production and Reproduction
The main threat so we are led to believe of the current market turmoil is that we will enter a "recession" or worse a "depression" - the implication being that the economy will stagnate or contract and not just for a short period of time.So what? I think part of the issue here is that the capitalist model has failed, because one of its central assumptions is simply wrong. That is, we should expect and indeed demand that economies "grow". Why do they need to grow, beyond organic growth attached to the population size?The people of the world do not exist to grow economies - they exist to re-produce and in doing so, we make the best of what we have. If you have less you make more of it.Reliance on economic "growth" is in fact a flawed and degenerative existential strategy. You become intoxicated with false wealth which prevents you from seeing the real issues.It also allows us to support unsustainable models that are allowed to develop within the gentler framework that general capital growth facilitates. These shouldn't be a "lifestyle" choice.
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