Capitalism 3.0

I agree with Purpleslog’s stance, Barnes has no idea what is going on:

So if we want to bring capitalism into the 21st century, Barnes explains — if we want to make it responsive to future generations, ecological constraints, and issues of fairness — then we need to turn pieces of our incredibly valuable commons into common property.

We need to “propertize” (not “privatize”) parts of the commons and, where necessary, attach “valves” to it (i.e., charge entities for its use) so we don’t run it into the ground . . . and so we can all benefit from its use.

This kind of maximalist thinking will not work, especially as capitalism marches on. It’s bizarre and does not mesh with the social context.



-Shlok
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30. November 2006 by Shlok Vaidya
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