Harrison Brown wrote in 1954 that the most likely outcome of industrial civilization is a return to agrarian civilization. Historian Steven Stoll gives us a glimpse of an agrarian world that existed before the industrial revolution, one that might provide a possible pattern for an agrarian existence in the future.
In other words, information becomes an asset in the service of economic growth—just like our very interactions with one another on social media have been turned into economic activity.
To face the complexities of the 21st century, we must be open to discussing how core elements of modern capitalism were founded upon and created to uphold white Western economic privilege, and still do.
Our wants will never be satisfied in a capitalist economy, and the demand for work will never cease. They are both prerequisites for and results of the expansion of capital.
At the heart of both the environmental crisis and the obesity crisis is the capitalist market economy. It is the definition of capitalism that capital is multiplied.
The social order that capital’s apologists defend as inevitable and eternal is “the product of many economic revolutions, of the extinction of a whole series of older formations of social production.” Acceptance of the wages-system as a natural way to live and work did not happen easily.
Prof. Chomsky has long argued that the roots of the climate emergency, and of our failure to deal with it, reach deep into the capitalist economic system.
Between the decline of feudalism and the rise of industrial capitalism, rural society was transformed by the complex of processes that are collectively known as enclosure.
Paying compensation to the descendants of slaves would not just right a historic wrong, it would transform the US economy for the better
But for the merchants who were the primary promoters, financiers and often warriors on the English side, it was an economic war — if they had read von Clausewitz, they might have said that their war was business conducted by other means.
Why wait for collapse? Repurposing growth capital now could help unwind the doomsday machine sooner rather than later.
An important factor in the rise of the Dutch merchant-industrialist class, scarcely mentioned in many accounts, was the absolute dominance of the Dutch fishing industry in the North Sea.