Insight and inspiration in turbulent times.
Tools born from the internet, applied across autonomous networks and movements seeking alternatives to capitalism, are providing the infrastructure of alternative societies. In the last of our specials on community currencies and alternative economies, we showcase FairCoop, a self-organized and self-managed global cooperative created through the internet outside the domain of the nation-state.
In summary, we have on the one hand, scientists insisting that the biosphere is being gravely disrupted by our excesses; on the other hand economists telling us that if growth stops, the economy collapses. So what is the civically minded citizen to make out of this?
The platform cooperativism movement intervenes at a moment of social crisis in the United States when ninety-four percent of jobs created over the past decade were not in the employment category. In 2016, over twelve million workers have made money on labor platforms. Much of that work is invisible with laborers often exploited, tucked away between algorithms. And over the long-term, as more labor markets shift to the Internet, it also matters that ownership of cloud services and social hangouts on the Internet is highly concentrated.
In the second of our three part series on alternative economies and community currencies, we spotlight Kenya’s Sarafu-Credit. Community currencies are types of complimentary currencies shared within a community that are utilized as a means of countering inequality, class, debt, accumulation, and exclusion.
Branko Milanovic has written a blog post titled “The illusion of degrowth in a poor and unequal world.” He penned it, he says, following a conversation he had with a proponent of degrowth. As it turns out, that proponent was me.
Guy Standing’s The Corruption of Capitalism (Biteback Publishing 2017) is a powerful attack on rentier capitalism and, very explicitly, a call to revolt. It is very informative and the detailed factual descriptions that Standing puts before his readers are intended to make them angry. He succeeded with me and probably will with most readers.
Imagine a world where corporate charters were only granted if they adopted a triple bottom line, and where shareholder lawsuits threatened every time a company broke one of its own social and environmental standards. Until that happens, it may be that the “worst event in the history of our civilization” is not the future development of modern AI, but the decision by a group of 17thcentury politicians to unleash the power of the Corporation on an unsuspecting humanity.
What Sandy’s inequalities show is that around America’s largest metropolis as much as in other corners of our nation and planet, the battle against global warming is also a battle for environmental justice.
During the summer of 2017, I travelled throughout France. Now I am sharing the stories of the commons I met along the way, never knowing what I would find in advance.
So as I see it humanity now faces a choice. We can continue extolling the virtues of ‘development’, pin our hopes on a rapid decarbonisation of the energy system while retaining something like present levels of energy usage, and imagine that a further iteration of the capitalist economy will somehow overcome the grinding poverty that afflicts so many people in the world today. Or we could take the view that the forms of development offered by this ‘modernism’ have failed.
We think there is now broad intellectual convergence across groups around a shared critique of the failings of neoliberalism and the need for a new paradigm. There is slightly looser convergence on the overall goals or values of a new paradigm, largely centring on equity, sustainability and democratisation. However, outside of one or two notable efforts, we have not seen common narratives or policy solutions emerge. Our conclusion is that this results from material barriers to progress, rather than profound differences between groups.
A beautiful Central American country known for its lush rainforests and stunning beaches, Costa Rica proves that achieving high levels of human wellbeing has very little to do with GDP and almost everything to do with something very different.
