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The Weird Correlation Between “Understanding Economics”...
For more years than most of us have been alive, by-the-numbers “minimum wage increases cause unemployment” puff pieces have been an almost daily staple at right-libertarian propaganda sites like Foundation for Economic Education. As I remark every time I see one — more than once in written commentary — these people demonstrate a lack of…
Communizing Society With Consumer Cooperatives
Within anarchist circles, there is a split between those who advocate markets and those who advocate forms of decentralized planning such as participatory economics or federated communes. While the work of Ludwig von Mises and Friedrich Hayek has pointed out the numerous issues with centralized state planning, much of the same criticisms can apply to…
Book Review: Assets in Common
Assets in Common: Stories of Business and Community Leaders Remaking the Economy From the Ground Up. Chelsea Robinson, ed. Charity May, Jay Standish, Chelsea Robinson, Zoe Schlag, Derek Razo, contributors. Foreword by Zoe Schlag and Derek Razo of Common Trust (Infrastructure for Shared Ownership, 2024). This book is published under the auspices of the Infrastructure…
The Rentier Economy, Vulture Capital, and Enshittification
The Rentier Economy, Vulture Capital, and Enshittification There is a crime here that goes beyond denunciation. There is a sorrow here that weeping cannot symbolize. There is a failure here that topples all our success. The fertile earth, the straight tree rows, the sturdy trunks, and the ripe fruit. And children dying of…