Group items tagged

the need for large-scale production is disappearing due to the crystalline democratization of the means of production

Mediocrity is obsolete

Money has become absurdly limited

unable to model the exchanges that serve to give way to a new mode of radically inclusive and more equitable cooperative production

design becomes a political tool

Innovation and meaning have been restricted, trapped and suffocated by mechanisms of protection, monopolies, patents and copyrights.

If you're lucky you will have patrons, not customers. Customers barely exist in the creative world now.

Production will occur only when there is a demand — and not a moment before

We need a new cultural infrastructure

A new distributed network of places of cultural and tangible production must be affirmed. The network will stem from fablabs, makerspaces and hackerspaces — the new factories — around the world, or from ambitious projects like the Italian Bottega 21: initiatives that unite the existing cultural heritage of places and traditions with currently available technologies

design itself must be independent from specific materials

We will teach students to investigate, discover and create work, products and services that the community needs, rather than merely follow any old curriculum while waiting for a "phantom" labour market to claim them

"The question we have to begin to ask ourselves is not 'how do we employ all the people who are rendered obsolete by technology', but 'how can we organize a society around something other than employment?'

But notice that to do this, the system had to change, the core logic was no longer the same.

The emergence of the peer model of production, based on the non-rivalrous nature and virtually non-existent marginal cost of reproduction of digital information, and coupled with the increasing unenforceability of “intellectual property” laws, means that capital is incapable of realizing returns on ownership in the cognitive realm.

capital is becoming an a posteriori intervention in the realization of innovation, rather than a condition for its occurrence

1) The creation of non-monetary value is exponential 2) The monetization of such value is linear

What this announces is a crisis of value, most such value is ‘beyond measure’, but also essentially a crisis of accumulation of capital.

more and more positive externalizations are created from the social field

“the core logic of the emerging experience economy, operating as it does in the world of non-rival exchange, is unlikely to have capitalism as its core logic.”

This takes the form both of “intellectual property” law, as well as direct subsidies from the taxpayer to the corporate economy

crisis of realization under state capitalism to capital’s growing dependence on the state to capture value from social production and redistribute it to private corporate owners

The state capitalist system will reach a point at which, thanks to the collapse of the portion of value comprised of rents on artificial property, the base of taxable value is imploding at the very time big business most needs subsidies to stay afloat.

We live in a political economy that has it exactly backwards. We believe that our natural world is infinite, and therefore that we can have an economic system based on infinite growth. But since the material world is finite, it is based on pseudo-abundance. And then we believe that we should introduce artificial scarcities in the world of immaterial production, impeding the free flow of culture and social innovation, which is based on free cooperation, by creating the obstacle of permissions and intellectual property rents protected by the state. What we need instead is a political economy based on a true notion of scarcity in the material realm, and a realization of abundance in the immaterial realm.

Brains and bodies still need others to produce value, but the others they need are not necessarily provided by capital and its capacities to organize production.

The household and informal economies have been allowed to function to the extent that they bear reproduction costs that would otherwise have to be internalized in wages; but they have been suppressed (as in the Enclosures) when they threaten to increase in size and importance to the point of offering a basis for independence from wage labor. “

increasing untenability of property rights in the information realm

there is no more outside.

one of intensive development, to grow in the immaterial field, and this is basically what the experience economy means

Innovation is becoming social and diffuse, an emergent property of the networks

failure of artificial abundance

failure of artificial scarcity