With prices and profits falling and the possibility of greater technological unemployment, what can the welfare state tax to then redistribute? For example look at New York City’s loss of taxi cab medallion revenue from ride sharing, or loss of state and federal governments taxing and controlling energy as solar power becomes more affordable and efficient. If everyone can become energy independent, or if you can produce more and more of your own products in your own home, and do more and more business with other people directly worldwide, what power does the political class wield anymore? Why do we need any international treaties on trade when the internet is bringing global trade with each other to the fore as a natural evolutionary process? The nation state is also beginning to wither away by this very process; the post office itself is teetering on the brink of dissolution. If the welfare state turns to inflating the money supply to meet its expenses we have an even greater disaster in store. [...]
So what we need to do first I think is to do what Marx said we should do, “Question Everything!” and to take his next sage advice, “That which is leaning, deserves to be pushed!” The worst thing that we could do is to help steady and re-right the leaning political and legal structures of our time, to pour fresh cement into their crumbling foundations. That would be to support the status quo and that would be disastrous for us, the world and humanity.
India in the post-Marxist era is now free to rediscover its own cultural ethos says @davidfrawleyved in @DailyO_. http://t.co/0PO2E4SOt5
Sri Aurobindo and Vivekananda provided the foundation before the Marxists. It is time to bring back their influence. http://t.co/Twq1Fn2Tm9