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Joined 1 year ago
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Cake day: September 20th, 2023

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  • I’m no economist, but I’m pretty sure what we have now is 100% capitalism. It’s exactly how many people predicted capitalism would look like if given enough time.

    Many years ago, a libertarian classmate asked me how I think the world would look like if corporations were unregulated. I told him (again, without being an economist) that corporations would probably become the new countries, that they would own everything like monarchs used to, as a few corporations monopolized everything. (I still find his answer funny: “And wouldn’t that be better?”. I just told him “Of course not!” thinking “WTF?”).

    My point is that this idea that the current system is “worse than capitalism” and “capitalism is dead”, stems from some kind of idealization of what capitalism is supposed to be like, and not from the realities that many people have been pointing out throughout the XX and XXI centuries about how capitalism works and what its end-goal is. This is exactly what capitalism looks like. “Technofeudalism” seems like yet another way of not addressing the issue, like when people say “the problem is not capitalism! it’s crony capitalism!”. As if there is some form of capitalism that has ever put people over money.

    Also:

    It might look like a market, but Varoufakis says it’s anything but. Jeff (Bezos, the owner of Amazon) doesn’t produce capital, he argues. He charges rent. Which isn’t capitalism, it’s feudalism.

    Again, I’m no economist, so someone correct me if I’m wrong, but I’m pretty sure the capitalists (i.e. the owners of the means of production) have never produced capital. The workers do. The capitalist have always taken the profits of their worker’s labour in exchange for using those means of production. You could call that “charging rent”.

    There is nothing new about what’s going on right now, except on the superficial level, the specific tech that’s being used to achieve the monopolistic goals of any corporation. Given enough time, the inevitable concentration of power that capitalism leads to, will always look like feudalism.


  • I really enjoyed this article. It’s very validating to see that other people see the same issues as I do with pseudoscience, especially when spouted by reputable scientists.

    The field of psychology, in particular, still feels riddled with pseudoscience everywhere you look (probably due to being so young compared to other fields), which has already severely undermined its reputation in the eyes of many people I’ve talked to.

    I didn’t know about IIT specifically, but I’ve definitely heard way too much quackery around the concept of consciousness. To me, the first issue that I find around this topic is the lack of an operational definition. There seems to be no agreement about what are we looking for exactly. If we are going to look for this human-made construct called consciousness, first we need a clear definition that allows us to measure it, and separate what is conciousness from what isn’t. Once we have that definition, we can search for consciousness, and after that, then we can start making theories about how it emerges.