Taking notes 37: Meritocracy, repression and Piketty’s apocalyptic asymptote

by Sanjay Perera
Much has been said about Thomas Piketty’s important and much talked about book. But not enough has been said about his nuanced wit and jibes at a system of meritocratic capitalism that is starting to merge with the hereditary accumulation and growth of wealth termed as patrimonial capitalism. But then it can also get quite serious. Continue reading Taking notes 37: Meritocracy, repression and Piketty’s apocalyptic asymptote

Taking notes 28: The next step for digital currency

by Charles Eisenstein: Today’s national and supranational currencies have become a blight on this planet. Created through interest-bearing debt, controlled by financial elites, tracked by the surveillance state, and necessitating endless growth, money as we know it is a primary agent of inequality, injustice, and ecocide. What to do? One response is to attempt to transform the money system; another is to create alternatives that may supplant it when, as is inevitable, the present system stops working. The most famous of these alternatives is the digital currency Bitcoin. It was designed to mimic gold in both its sourcing and its … Continue reading Taking notes 28: The next step for digital currency