Postcapitalism
Post-capitalism is in part a hypothetical state in which the economic systems of the world can no longer be described as forms of capitalism. Various individuals and political ideologies have speculated on what would define such a world. According to classical Marxist and social evolutionary theories, post-capitalist societies may come about as a result of spontaneous evolution as capitalism becomes obsolete. Others propose models to intentionally replace capitalism, most notably socialism, communism, anarchism, nationalism and degrowth. History In 1993, Peter Drucker outlined a possible evolution of capitalistic society in his book '' Post-Capitalist Society''. This states that knowledge, rather than capital, land, or labor, is the new basis of wealth. The classes of a fully post-capitalist society are expected to be divided into knowledge workers or service workers, in contrast to the capitalists and proletarians of a capitalist society. Drucker estimated the transformation ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Nick Srnicek
Nick Srnicek (born 1982) is a Canadian writer and academic. He is currently a lecturer in Digital Economy in the Department of Digital Humanities, King's College London. Srnicek is associated with the political theory of accelerationism and a post-scarcity economy. Biography Srnicek took a double major in Psychology and philosophy before completing an MA at the University of Western Ontario in 2007. He proceeded to a PhD at the London School of Economics, completing his thesis in 2013 on "Representing complexity: the material construction of world politics". He has worked as a Visiting Lecturer at City University and the University of Westminster The University of Westminster is a public university, public university based in London, United Kingdom. Founded in 1838 as the Royal Polytechnic Institution, it was the first Polytechnic (United Kingdom), polytechnic to open in London. The Po .... Bibliography * (ed., with Levi Bryant and Graham Harman), ''The Speculative ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Economic System
An economic system, or economic order, is a system of production, resource allocation and distribution of goods and services within an economy. It includes the combination of the various institutions, agencies, entities, decision-making processes, and patterns of consumption that comprise the economic structure of a given community. An economic system is a type of social system. The mode of production is a related concept. All economic systems must confront and solve the four fundamental economic problems: * What kinds and quantities of goods shall be produced: This fundamental economic problem is anchored on the theory of pricing. The theory of pricing, in this context, has to do with the economic decision-making between the production of capital goods and consumer goods in the economy in the face of scarce resources. In this regard, the critical evaluation of the needs of the society based on population distribution in terms of age, sex, occupation, and geography is very ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Paul Mason (journalist)
Paul Mason (born 1960) is a British journalist. He writes a weekly column at The New European and monthly columns for Social Europe and Frankfurter Rundschau. He was Business Correspondent and then Economics Editor of the BBC Two television programme '' Newsnight'' from 2001, and Culture and Digital Editor of ''Channel 4 News'' from 2013,Josh Hallida"BBC Newsnight's Paul Mason joins Channel 4 News" ''The Guardian'', 5 August 2013 becoming the programme's Economics Editor in 2014. He left Channel 4 in 2016. He is the author of several books. Early life and education Mason was born in Leigh, Lancashire. One grandparent was a miner and another was a Lithuanian-Jewish violinist. Mason was educated at Thornleigh Salesian College in Bolton and graduated from the University of Sheffield with a degree in music and politics in 1981 and trained to be a music teacher at London University Institute of Education, after which he undertook postgraduate research into the music of the Se ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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El Periodista Británico Paul Mason, Fotografiado En Madrid (cropped)
EL, El or el may refer to: Arts and entertainment Fictional entities * El, a character from the manga series ''Shugo Chara!'' by Peach-Pit * Eleven (''Stranger Things'') (El), a fictional character in the TV series ''Stranger Things'' * El, family name of Kal-El (Superman) and his father Jor-El in the Superman dynasty * E.L. Faldt, character in the road comedy film ''Road Trip'' Music * Él Records, an independent record label from the UK founded by Mike Alway * ''Él ''(Lucerito album), a 1982 album by Lucerito * "Él", Spanish song by Rubén Blades from the album '' Caminando'' * "Él" (Lucía song), the Spanish entry performed by Lucía in the Eurovision Song Contest 1982 Other media * ''Él'', 1926 autobiographical novel by Mercedes Pinto * ''Él'' (film), a 1953 film by Luis Buñuel based on the 1926 novel * ''Él'' (visual novel), a 1991 Japanese adult visual novel * EL TV, an Azerbaijani regional television channel Companies and organizations * Estée Lauder Compan ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Robin Hahnel
Robin Eric Hahnel (born March 25, 1946) is an American economist and professor emeritus of economics at American University. He is best known for his work on participatory economics with '' Z Magazine'' editor Michael Albert. Politically, Hahnel considers himself a product of the New Left and is sympathetic to libertarian socialism. He has been active in many social movements and organizations for forty years, notably as a participant in student movements opposed to the American invasion of South Vietnam, more recently with the Southern Maryland Greens, a local chapter of the Maryland Green Party, and the Green Party of the United States. Hahnel's work in economic theory and analysis is informed by the work of Marx, Keynes, Piero Sraffa, Michał Kalecki, and Joan Robinson, among others. He has served as a visiting professor or economist in Cuba, Peru, and England. Early critiques: Orthodox Marxism and welfare economics Hahnel was an undergraduate at Harvard when he met Alber ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Philosophy
Philosophy ('love of wisdom' in Ancient Greek) is a systematic study of general and fundamental questions concerning topics like existence, reason, knowledge, Value (ethics and social sciences), value, mind, and language. It is a rational and critical inquiry that reflects on its methods and assumptions. Historically, many of the individual sciences, such as physics and psychology, formed part of philosophy. However, they are considered separate academic disciplines in the modern sense of the term. Influential traditions in the history of philosophy include Western philosophy, Western, Islamic philosophy, Arabic–Persian, Indian philosophy, Indian, and Chinese philosophy. Western philosophy originated in Ancient Greece and covers a wide area of philosophical subfields. A central topic in Arabic–Persian philosophy is the relation between reason and revelation. Indian philosophy combines the Spirituality, spiritual problem of how to reach Enlightenment in Buddhism, enlighten ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Socioeconomics
Economic sociology is the study of the social cause and effect of various economic phenomena. The field can be broadly divided into a classical period and a contemporary one, known as "new economic sociology". The classical period was concerned particularly with modernity and its constituent aspects, including rationalisation, secularisation, urbanisation, and social stratification. As sociology arose primarily as a reaction to capitalist modernity, economics played a role in much classic sociological inquiry. The specific term "economic sociology" was first coined by William Stanley Jevons in 1879, later to be used in the works of Émile Durkheim, Max Weber and Georg Simmel between 1890 and 1920. Weber's work regarding the relationship between economics and religion and the cultural " disenchantment" of the modern West is perhaps most representative of the approach set forth in the classic period of economic sociology. Contemporary economic sociology may include studies ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Economic Democracy
Economic democracy (sometimes called a democratic economy) is a socioeconomic philosophy that proposes to shift ownership and decision-making power from corporate shareholders and corporate managers (such as a board of directors) to a larger group of public stakeholders that includes workers, consumers, suppliers, communities and the broader public. No single definition or approach encompasses economic democracy, but most proponents claim that modern property relations externalize costs, subordinate the general well-being to private profit and deny the polity a democratic voice in economic policy decisions. In addition to these moral concerns, economic democracy makes practical claims, such as that it can compensate for capitalism's inherent effective demand gap. Proponents of economic democracy generally argue that modern capitalism periodically results in economic crises, characterized by ''deficiency of effective'' ''demand;'' as society is unable to earn enough income ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Robert Heinlein
Robert Anson Heinlein ( ; July 7, 1907 – May 8, 1988) was an American science fiction author, aeronautical engineer, and naval officer. Sometimes called the "dean of science fiction writers", he was among the first to emphasize scientific accuracy in his fiction, and was thus a pioneer of the subgenre of hard science fiction. His published works, both fiction and non-fiction, express admiration for competence and emphasize the value of critical thinking. His plots often posed provocative situations which challenged conventional social mores. His work continues to have an influence on the science-fiction genre, and on modern culture more generally. Heinlein became one of the first American science-fiction writers to break into mainstream magazines such as ''The Saturday Evening Post'' in the late 1940s. He was one of the best-selling science-fiction novelists for many decades, and he, Isaac Asimov, and Arthur C. Clarke are often considered the "Big Three" of English-language ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Fractional-reserve Banking
Fractional-reserve banking is the system of banking in all countries worldwide, under which banks that take deposits from the public keep only part of their deposit liabilities in liquid assets as a reserve, typically lending the remainder to borrowers. Bank reserves are held as cash in the bank or as balances in the bank's account at the central bank. Fractional-reserve banking differs from the hypothetical alternative model, full-reserve banking, in which banks would keep all depositor funds on hand as reserves. The country's central bank may determine a minimum amount that banks must hold in reserves, called the "reserve requirement" or "reserve ratio". Most commercial banks hold more than this minimum amount as excess reserves. Some countries, e.g. the core Anglosphere countries of the United States, the United Kingdom, Canada, Australia, and New Zealand, and the three Scandinavian countries, do not impose reserve requirements at all. Bank deposits are usually of a rel ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Information Technology
Information technology (IT) is a set of related fields within information and communications technology (ICT), that encompass computer systems, software, programming languages, data processing, data and information processing, and storage. Information technology is an application of computer science and computer engineering. The term is commonly used as a synonym for computers and computer networks, but it also encompasses other information distribution technologies such as television and telephones. Several products or services within an economy are associated with information technology, including computer hardware, software, electronics, semiconductors, internet, Telecommunications equipment, telecom equipment, and e-commerce.. An information technology system (IT system) is generally an information system, a communications system, or, more specifically speaking, a Computer, computer system — including all Computer hardware, hardware, software, and peripheral equipment � ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |