[lbo-talk] From Jay Hanson: a web seminar on "Capital as Power"

Jonathan Nitzan nitzan at yorku.ca
Mon Apr 5 07:44:34 PDT 2010


From Jay Hanson (jayhanson at hawaii.rr.com): an invitation to a web seminar/discussion of "Capital as Power" (http://bnarchives.yorku.ca/259/).

****************

Concerned about what is coming?

All of us, especially our children, face a dangerous future because three interlocking factors are driving us towards global wars over diminishing natural resources.

1. A post-peak-oil world where economic growth will be severely

limited by available energy. It is physically impossible to overcome

the decline in global net energy.

2. A genetic bias to create new social groups in response to the

perception of not enough resources. The recent Hutaree militia

arrests highlight this genetic bias.

3. Corporations that require relentless economic expansion to

survive and are structurally incapable of relinquishing their innate

drive for growth.

To avoid global war, it will be necessary to break that positive-feedback loop - by making corporations the "public servants" that they were before 1860.

It is possible to change the laws which regulate corporations, but it will require an enormous amount of education. The first step is to expose the fallacies in economic theory that allow corporate rule to continue.

On May 1, the America2point0 discussion group <http://tech.groups.yahoo.com/group/America2Point0/> will be hosting a new seminar about the stunning new book, Capital As Power. According to Jordan Brennan, "While the work clearly fits into the tradition of radical political economy it is not easy to place it in any one school, and this for very good reason: Nitzan and Bichler are trying to create a new approach to political economy."

This seminar will be tightly moderated, starting with a brief overview of the "net energy" crisis that will lead us into global wars over energy resources, then a brief discussion about the fantastic inefficiency of the "price system," and finally an alternative to the price system which could prevent global war. The remainder of the discussion will feature Capital As Power with the goal of exposing many of the fallacies in economic theory, which is a necessary precursor to political change.

If you want to join this list and contribute - or simply listen in - send this message back to me at (jayhanson at hawaii.rr.com)

Jay Hanson



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