Saturday, July 16, 2016

Bauwens on the phase transition to a commons economy

See his Huffpost blog post here. I appreciate how the external production system precedes the internal political/social changes, a point I've reiterated. That the Sanders movement almost succeeded is an indication of how close the latter is starting to catch up, given the Millennials participation. I especially liked the following excerpt showing how the new economic model is gaining momentum by how much capitalism is having to appropriate it, like Uber etc. But the time is coming when the new structure and overtake the old structure. See the article for much more. The excerpt:


"Political and social revolution is preceded by the emergence, within the old system, of the new productive system and its value logic. Not the other way around, as the socialist and Marxist tradition has claimed. That the Sanders movement almost succeeded is an indication of how close the latter is starting to catch up, given the Millennial participation. Today, in the very womb of capitalism, the new mode of production, the new way of value creation and distribution, is already emerging and growing, but under the domination of the old system still, but, as its logic is fundamentally different of the logic of capital, it cannot possibly be subsumed forever, and prepares the ground for a structural transformation. This structural transformation, or ‘phase transition’, will make the emergent subsystem into the new dominant logic."

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