Wednesday, May 9, 2018

Economist Breaks Down Bitcoin & Cryptocurrency w/Richard Wolff

Artificial Intelligence and the Planned Economy - The Future for Socialism ?



Artificial Intelligence and Socialism can be a dead end if it takes us back to Oskar Lange and economic cybernetics - his bringing the market back into socialism proved a technocratic disaster in 20th century.

Building a socialism that goes beyond the market - the type of socialism that Paul Cockshott writes about is the 21st century road to a non market socialism - that is where the future lies.

It also is a realization of the last two hundred years of struggle between a market socialism and a true collective socialism.





Rana Foroohar believes in a reformist capitalism but her work provides much ammunition for a revolutionary transformation of capitalism into socialism.

Understanding Contemporary Capitalism even within its recent cycles is important - preparing for the next crash is a political imperative.