<html><body style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space;" class=""><span style="font-size: 18px;" class="">Here is an article well worth reading. It seems to me that Paul Mason is a thinker of the likes of Thomas Pinkety and Naomi Klein.</span><div class=""><a href="http://www.theguardian.com/books/2015/jul/17/postcapitalism-end-of-capitalism-begun" style="font-size: 19px;" class="">http://www.theguardian.com/books/2015/jul/17/postcapitalism-end-of-capitalism-begun</a></div><div class=""><br class=""></div><div style="font-size: 17px;" class="">Bud Tillinghast</div><div class=""><font class=""><br class=""></font></div><div class=""><font class=""><br class=""></font></div><div class=""><font style="font-size: 18px;" class="">The End of Capitalism Has Begun<br class=""></font><div class=""><br class=""></div><div class=""><span style="font-size: 11px;" class="">T"</span><span style="color: rgb(51, 51, 51); font-family: 'Guardian Text Egyptian Web', Georgia, serif; font-size: 15px; line-height: 13.7142858505249px; widows: 1; background-color: rgb(255, 255, 255);" class="">he red flags and marching songs of</span><span style="color: rgb(51, 51, 51); font-family: 'Guardian Text Egyptian Web', Georgia, serif; font-size: 15px; line-height: 13.7142858505249px; widows: 1; background-color: rgb(255, 255, 255);" class=""> </span><a href="http://www.theguardian.com/world/syriza" data-link-name="in body link" data-component="in-body-link" class=" u-underline" style="font-family: 'Guardian Text Egyptian Web', Georgia, serif; line-height: 13.7142858505249px; widows: 1; color: rgb(0, 86, 137); cursor: pointer; border-bottom-width: 0.0625rem; border-bottom-style: solid; border-bottom-color: rgb(220, 220, 220); font-size: 11px; text-decoration: none !important;">Syriza</a><span style="color: rgb(51, 51, 51); font-family: 'Guardian Text Egyptian Web', Georgia, serif; font-size: 15px; line-height: 13.7142858505249px; widows: 1; background-color: rgb(255, 255, 255);" class=""> </span><span style="color: rgb(51, 51, 51); font-family: 'Guardian Text Egyptian Web', Georgia, serif; font-size: 15px; line-height: 13.7142858505249px; widows: 1; background-color: rgb(255, 255, 255);" class="">during the</span><span style="color: rgb(51, 51, 51); font-family: 'Guardian Text Egyptian Web', Georgia, serif; font-size: 15px; line-height: 13.7142858505249px; widows: 1; background-color: rgb(255, 255, 255);" class=""> </span><a href="http://www.theguardian.com/business/debt-crisis" data-link-name="in body link" data-component="in-body-link" class=" u-underline" style="font-family: 'Guardian Text Egyptian Web', Georgia, serif; line-height: 13.7142858505249px; widows: 1; color: rgb(0, 86, 137); cursor: pointer; border-bottom-width: 0.0625rem; border-bottom-style: solid; border-bottom-color: rgb(220, 220, 220); font-size: 11px; text-decoration: none !important;">Greek crisis</a><span style="color: rgb(51, 51, 51); font-family: 'Guardian Text Egyptian Web', Georgia, serif; font-size: medium; line-height: 13.7142858505249px; widows: 1; background-color: rgb(255, 255, 255);" class=""><span style="font-size: 15px;" class="">, plus the expectation that the banks would be nationalised, revived briefly a 20th-century dream: the forced destruction of the market from above. For much of the 20th century this was how the left conceived the first stage of an economy beyond capitalism. The force would be applied by the working class, either at the ballot box or on the barricades. The lever would be the state. The opportunity would come through </span>frequent episodes of economic collapse.</span></div><p style="margin: 0px 0px 1rem; padding: 0px; color: rgb(51, 51, 51); font-family: 'Guardian Text Egyptian Web', Georgia, serif; font-size: medium; line-height: 13.7142858505249px; widows: 1; background-color: rgb(255, 255, 255);" class="">Instead over the past 25 years it has been the left’s project that has collapsed. The market destroyed the plan; individualism replaced collectivism and solidarity; the hugely expanded workforce of the world looks like a “proletariat”, but no longer thinks or behaves as it once did.</p><p style="margin: 0px 0px 1rem; padding: 0px; color: rgb(51, 51, 51); font-family: 'Guardian Text Egyptian Web', Georgia, serif; font-size: medium; line-height: 13.7142858505249px; widows: 1; background-color: rgb(255, 255, 255);" class="">If you lived through all this, and disliked capitalism, it was traumatic. But in the process technology has created a new route out, which the remnants of the old left – and all other forces influenced by it – have either to embrace or die. Capitalism, it turns out, will not be abolished by forced-march techniques. It will be abolished by creating something more dynamic that exists, at first, almost unseen within the old system, but which will break through, reshaping the economy around new values and behaviours. I call this postcapitalism.</p><div id="dfp-ad--im" class="js-ad-slot ad-slot ad-slot--dfp ad-slot--im" data-link-name="ad slot im" data-test-id="ad-slot-im" data-name="im" data-mobile="1,1|88,85" data-label="false" data-refresh="false" style="position: relative; z-index: 1010; overflow: hidden; box-sizing: border-box; max-width: 15rem; float: left; margin-right: 0px; color: rgb(51, 51, 51); font-family: 'Guardian Text Egyptian Web', Georgia, serif; font-size: medium; line-height: 13.7142858505249px; widows: 1; background-color: rgb(255, 255, 255);"></div><p style="margin: 0px 0px 1rem; padding: 0px; color: rgb(51, 51, 51); font-family: 'Guardian Text Egyptian Web', Georgia, serif; font-size: medium; line-height: 13.7142858505249px; widows: 1; background-color: rgb(255, 255, 255);" class="">As with the end of feudalism 500 years ago, capitalism’s replacement by postcapitalism will be accelerated by external shocks and shaped by the emergence of a new kind of human being. And it has started.</p><p style="margin: 0px 0px 1rem; padding: 0px; color: rgb(51, 51, 51); font-family: 'Guardian Text Egyptian Web', Georgia, serif; font-size: medium; line-height: 13.7142858505249px; widows: 1; background-color: rgb(255, 255, 255);" class="">Postcapitalism is possible because of three major changes information technology has brought about in the past 25 years. First, it has reduced the need for work, blurred the edges between work and free time and loosened the relationship between work and wages. The coming wave of automation, currently stalled because our social infrastructure cannot bear the consequences, will hugely diminish the amount of work needed – not just to subsist but to provide a decent life for all.</p><p style="margin: 0px 0px 1rem; padding: 0px; color: rgb(51, 51, 51); font-family: 'Guardian Text Egyptian Web', Georgia, serif; font-size: medium; line-height: 13.7142858505249px; widows: 1; background-color: rgb(255, 255, 255);" class="">Second, information is corroding the market’s ability to form prices correctly. That is because markets are based on scarcity while information is abundant. The system’s defence mechanism is to form monopolies – the giant tech companies – on a scale not seen in the past 200 years, yet they cannot last. By building business models and share valuations based on the capture and privatisation of all socially produced information, such firms are constructing a fragile corporate edifice at odds with the most basic need of humanity, which is to use ideas freely.</p><aside class="element-rich-link element--thumbnail element element-rich-link--upgraded" data-component="rich-link" data-link-name="rich-link-3 | 1" style="float: left; margin: 0.3125rem 1.25rem 0.75rem 0px; clear: both; width: 13.75rem; color: rgb(51, 51, 51); font-family: 'Guardian Text Egyptian Web', Georgia, serif; font-size: medium; line-height: 13.7142858505249px; widows: 1; background-color: rgb(255, 255, 255);"><div class="rich-link tone-feature--item " style="margin: 0px; position: relative; overflow: hidden; color: rgb(255, 255, 255); background-color: rgb(149, 28, 85);"><div class="rich-link__container" style="position: relative;"><div class="u-responsive-ratio rich-link__image-container" style="width: 220px; padding-bottom: 132px; position: relative; overflow: hidden; transition: background-color 0.25s ease; -webkit-transition: background-color 0.25s ease; background-color: rgba(0, 0, 0, 0.0980392);"><img src="http://i.guim.co.uk/img/static/sys-images/Guardian/Pix/pictures/2015/2/10/1423581140785/c2049089-c4e1-4a92-a5a5-c388f3a7e912-460x276.jpeg?w=460&q=85&auto=format&sharp=10&s=25b5362e68ac4e148c52122d03edb0bf" itemprop="contentURL" style="border: 0px; width: 220px; height: 132px; position: absolute; top: 0px; left: 0px;" class=""></div><div class="rich-link__header" style="font-size: 1.25rem; line-height: 1.5rem; font-family: 'Guardian Egyptian Web', 'Guardian Text Egyptian Web', Georgia, serif; padding: 0.25rem 0.3125rem 0.75rem; box-sizing: border-box; min-height: 2.25rem;"><h1 class="rich-link__title" style="margin: 0px; padding: 0px; font-family: inherit; font-size: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; line-height: inherit;"><a class="rich-link__link" style="color: rgb(255, 255, 255); cursor: pointer; background-color: transparent; background-position: initial initial; background-repeat: initial initial;">British capitalism is broken. Here’s how to fix it</a></h1></div><div class="rich-link__read-more" style="padding-left: 0.3125rem;"><div class="rich-link__arrow" style="height: 1.5rem; width: 1.5rem; display: inline-block;"><svg width="24" height="24" viewBox="0 0 24 24" xmlns="http://www.w3.org/2000/svg"><g fill="none" fill-rule="evenodd"><path class="rich-link__arrow-icon" d="m12 0c-6.627 0-12 5.373-12 12 0 6.627 5.373 12 12 12 6.627 0 12-5.373 12-12 0-6.627-5.373-12-12-12m.21 19l-.637-.668 4.888-6.326h-11.465v-1.01h11.465l-4.888-6.333.637-.668 6.79 7.158v.685l-6.79 7.157"></path></g></svg></div> <div class="rich-link__read-more-text" style="font-size: 0.875rem; font-family: 'Guardian Egyptian Web', 'Guardian Text Egyptian Web', Georgia, serif; display: inline-block; height: 1.875rem; line-height: 1.625rem; padding-left: 0.125rem; vertical-align: top; color: rgb(253, 173, 186);">Read more</div></div><a class="u-faux-block-link__overlay rich-link__link" href="http://www.theguardian.com/business/2015/feb/11/british-capitalism-broken-how-to-fix-it" style="color: rgb(234, 210, 221); cursor: pointer; text-decoration: none; top: 0px; right: 0px; bottom: 0px; left: 0px; overflow: hidden; text-indent: 200%; white-space: nowrap; position: absolute; z-index: 2; opacity: 0; background: transparent;"></a></div></div></aside><p style="margin: 0px 0px 1rem; padding: 0px; color: rgb(51, 51, 51); font-family: 'Guardian Text Egyptian Web', Georgia, serif; font-size: medium; line-height: 13.7142858505249px; widows: 1; background-color: rgb(255, 255, 255);" class="">Third, we’re seeing the spontaneous rise of collaborative production: goods, services and organisations are appearing that no longer respond to the dictates of the market and the managerial hierarchy. The biggest information product in the world – <a href="http://www.theguardian.com/technology/wikipedia" data-link-name="in body link" data-component="in-body-link" class=" u-underline" style="color: rgb(0, 86, 137); cursor: pointer; text-decoration: none !important; border-bottom-width: 0.0625rem; border-bottom-style: solid; border-bottom-color: rgb(220, 220, 220); transition: border-color 0.15s ease-out; -webkit-transition: border-color 0.15s ease-out; background: transparent;">Wikipedia</a> – is made by volunteers for free, abolishing the encyclopedia business and depriving the advertising industry of an estimated $3bn a year in revenue.</p><p style="margin: 0px 0px 1rem; padding: 0px; color: rgb(51, 51, 51); font-family: 'Guardian Text Egyptian Web', Georgia, serif; font-size: medium; line-height: 13.7142858505249px; widows: 1; background-color: rgb(255, 255, 255);" class="">Almost unnoticed, in the niches and hollows of the market system, whole swaths of economic life are beginning to move to a different rhythm. Parallel currencies, time banks, cooperatives and self-managed spaces have proliferated, barely noticed by the economics profession, and often as a direct result of the shattering of the old structures in the post-2008 crisis.</p></div></body></html>