Larning more about the nature and history of money, we eventually realize that money is simply a promissary note, valuable only because we agree it is valuable, a useful social fiction, or token system, useful for exchange of real goods or services, or possibly for savings (minus inflation, hyper-inflation and
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The Disaffected Lib: Send In the Slaves
When it’s completely boiled down what are robotics except the process of capital owning labour? What are the implications of that if capital is given a free hand to dislocate human labour with its mechanized alternative? A report in the Sydney Morning Herald claims that robots could replace half of human
Continue readingThe Disaffected Lib: What Neoliberalism Has in Store For You
click to enlarge From Le Monde, a timely explanation of how disastrous neoliberalism continues to thrive despite an endless string of economic disasters and what it holds in store for you even as you continue to vote for those who practice it. Hint. Neoliberalism is class warfare and it’s being
Continue readingMelissa Fong: Why Bitcoins aren’t going anywhere: Drugs and Coffee
Bitcoin is going nowhere. I promise you that it won’t and I’m positive that I won’t be eating my words at a later date. I’m going to tell you why: 1) Drugs and 2) Coffee:….
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