Buzz - A human economy for the twenty-first century (The Memory Bank)

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A human economy for the twenty-first century (The Memory Bank)

MadNihilist, πριν 238 μέρες ( http://thememorybank.co.uk )

"Magellan’s crew completed the first circumnavigation of the planet some thirty years after Columbus crossed the Atlantic. At much the same time, Bartolomé de las Casas opposed the racial inequality of Spain’s American empire in the name of human unity. We are living through another ‘Magellan moment’."

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από ad1951 πριν 237 μέρες 0

The reality of markets then is not just universal abstraction, but this mutual determination of the abstract and the concrete. If you have some money, there is almost no limit to what you can do with it, but, as soon as you buy something, the act of payment lends concrete finality to your choice. Money’s significance thus lies in the synthesis it promotes of impersonal abstraction and personal meaning, objectification and subjectivity, analytical reason and synthetic narrative. Its social power comes from the fluency of its mediation between infinite potential and finite determination. To turn our backs on markets and money in the name of collective as opposed to individual interests reproduces by negation the bourgeois separation of self and society.

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A human economy for the twenty-first century (The Memory Bank)

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