EPISODE · Jan 8, 2021 · 16 MIN
Capitalism: How Growth Became the Enemy of Prosperity (Excerpt)
from Everyone Is Right · host Integral Life
Excerpted from the full discussion here: https://integrallife.com/capitalism-growth-became-enemy-prosperity/ "To use the metaphor of our era, we are running an extractive, growth-driven economic operating system that has reached the limits of its ability to serve anyone, rich or poor, human or corporate. Moreover, we’re running it on super computers and digital networks that accelerate and amplify all its effects. Growth is the single, uncontested, core command of the digital economy… An operating system designed by 13th century Moorish accountants looking for a way to preserve the aristocracy of Europe has worked as promised. It turned the marketplace into one giant debtors’ prison. It is not only unfit for the needs of a 21st century digital society; central currency is the core mechanism of the growth trap." Douglas Rushkoff, Throwing Rocks at the Google Bus To be alive in today's world is to be living through a raging, roiling argument about money: how it’s generated and how it will be distributed in the 21st century. Money dominates the changing politics and economics of the western hemisphere. Whether jobs, free trade, taxes, student debt, housing prices, AI-based automation, wealth disparities, educational funding or any of dozens of other headline-topics, how society will create and share value and resources sits at the forefront of our current moment.
What this episode covers
Excerpted from the full discussion here: https://integrallife.com/capitalism-growth-became-enemy-prosperity/ "To use the metaphor of our era, we are running an extractive, growth-driven economic operating system that has reached the limits of its ability to serve anyone, rich or poor, human or corporate. Moreover, we’re running it on super computers and digital networks that accelerate and amplify all its effects. Growth is the single, uncontested, core command of the digital economy… An operating system designed by 13th century Moorish accountants looking for a way to preserve the aristocracy of Europe has worked as promised. It turned the marketplace into one giant debtors’ prison. It is not only unfit for the needs of a 21st century digital society; central currency is the core mechanism of the growth trap." Douglas Rushkoff, Throwing Rocks at the Google Bus To be alive in today's world is to be living through a raging, roiling argument about money: how it’s generated and how it will be distributed in the 21st century. Money dominates the changing politics and economics of the western hemisphere. Whether jobs, free trade, taxes, student debt, housing prices, AI-based automation, wealth disparities, educational funding or any of dozens of other headline-topics, how society will create and share value and resources sits at the forefront of our current moment.
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Capitalism: How Growth Became the Enemy of Prosperity (Excerpt)
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