Relation between scale, fragility and global GDPs actually leveling off are a good start in the investigation. Though, I'm mostly interested on the notion of accelerationist "autonomy" in capitalist mechanics. Basically, y'all jump a lot of hoops when it comes to metodology.
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what's the point on "autonomy"?
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Replying to @cyborg_nomade @EBBerger and
Maravone Retweeted ɹʞɔɟɯ 🥩 🏴
Its slightly inferred on Kantbots text. I've also talked about it before. But really, its just this:https://twitter.com/mfckr_/status/922746459467993088 …
Maravone added,
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basically, screw Say's Law?
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Replying to @cyborg_nomade @EBBerger and
the classical interpretation of Say's Law is pretty much bullshit, so yeah, screw the original statement of Say's Law. There's some later reinterpretations that are valid, but they certainly arent applicable in here.
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Replying to @Marav0ne @cyborg_nomade and
Not sure how Say's Law establishes the autonomy of capital tbqh
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Replying to @_Vimothy_ @Marav0ne and
it just undermines the thesis that markets are commanded by consumption, and establishes the primacy of production. it's the internal logic of capitalist enterprises (increasing productive apparatus) that establishes capital autonomy.
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Replying to @cyborg_nomade @Marav0ne and
How does it establish the primacy of production?
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Replying to @_Vimothy_ @Marav0ne and
you have to produce something before being able to consume, hence supply yields its own demand.
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Replying to @cyborg_nomade @_Vimothy_ and
Say, like (full-reserve) hard money, will be back. The macroeconomic dark ages are drawing to a close.
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full reserve banking -> prohibition of private money creation -> only govt money circulates -> banks no longer allocate new money -> democratisation of credit -> mfw
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Replying to @_Vimothy_ @cyborg_nomade and
No. A hard money option becomes available --> it pushes inflationary garbage out of circulation --> cold turkey --> restoration of classical liberal economy.
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