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It's not that our culture still doesn't grasp its bounds but that capital's bounds are in fact ungraspable -- in its infinite flexibility, any attempt to grasp
by eat_veggies 6y ago
It's not that our culture still doesn't grasp its bounds but that capital's bounds are in fact ungraspable -- in its infinite flexibility, any attempt to grasp and contain it will result in a new way for it to exploit and expand. It can wield regulations as weapons, eat revolutions, and yes, break any system for lending in the digital age.
- arthurofbabylon 6y agoYes, perhaps our issue is exactly that: our society refuses to define the bounds. Commerce is a subsystem of a larger system. Like in any system, each constituent part affects the whole - but at some point the feedback loops that serve one subsystem start to harm neighboring subsystems and even the system. Thus, for pragmatists: bounds. When ads erode journalistic quality, when universities become tools of class division, then we can clearly see - if we’re looking - the bounds of capitalism and commerce-reliant feedback loops. The optimal structure is scarcely uniform.