2 years ago
Welcome to ‘Low Energy Capitalism’; or, Proletarians of the World, Wear Facemasks!
‘As we transition to a lower energy system (renewables replacing fossil fuels), growth-based economics will be phased out and replaced with something else.’ (Simon Michaux)
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The first week of …
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2 years ago
Gradually, Then Suddenly? Crisis Capitalism and Its Disavowals
Perhaps the best way to grasp the meaning of our New Normal is to frame it as the irreversible paradigm shift towards “crisis capitalism”. The key macroeconomic implication is that …
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3 years ago
Senile Economics: Bubble Ontology and the Pull of Gravity
What are the drivers of senile capitalism? I will list five of them in no particular order, and then proceed to discuss their interconnections:
- Debt. The only road …
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3 years ago
A System on Life Support
We have entered a global cycle of secular inflation that is unique in history. The cynical attempt to preserve a system based on the ontological assumption of permanent monetary injections …
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3 years ago
Pause for Thought: Money without Value in a Rapidly Disintegrating World
The acceleration of the “emergency paradigm” since 2020 has a simple yet widely disavowed purpose: to conceal socioeconomic collapse. In today’s metaverse, things are the opposite of what they seem. …
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4 years ago
From Covid-19 to Putin-22: Who Needs Friends with Enemies Like These?
Hyperreality
Like a textbook illustration of Hollywood continuity editing, the de-escalation of the war on Covid has transitioned seamlessly into the escalation of the Ukrainian war, with Vladimir Putin …
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4 years ago
Red Pill or Blue Pill? Variants, Inflation, and the Controlled Demolition of Society
Unsurprisingly, Santa brought us yet another Covid Christmas, replete with the usual set of presents: facemasks, quarantines, social distancing, coercive inoculations, vaccine passports, non-stop media fearmongering, and lockdowns. Two years …
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4 years ago
The Central Bankers’ Long Covid: An Incurable Condition
Sheep spend their entire lives being afraid of the wolf, but end up eaten by the shepherd. (Popular proverb)
By now it should be clear that COVID-19 is, essentially, a …
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4 years ago
A Self-Fulfilling Prophecy: Systemic Collapse and Pandemic Simulation
A year and a half after the arrival of Virus, some may have started wondering why the usually unscrupulous ruling elites decided to freeze the global profit-making machine in the …
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4 years ago
Slavoj Žižek, Emergency Capitalism, and the Capitulation of the Left
As an admirer of Žižek’s work, I found his viral responses to Covid-19 (books, short texts, interviews) rather disappointing, and in many ways representative of the Left’s capitulation to the …
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