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Content
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https://warpcast.com/~/channel/cryptoleft
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Purp๐Ÿ‡ต๐Ÿ‡ธ pfp
Purp๐Ÿ‡ต๐Ÿ‡ธ
@purp
Til that Yanis Varoufakis wrote a book about a post capitalist utopia society and that society used blockchain Big L's in chat for the sweaty nerds who cry about the left being anti technology
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gFam.live (UrbanGladiator) pfp
gFam.live (UrbanGladiator)
@gfam
Truly, the reason I got into blockchain was for all the huge lefty potential.... and I find it super upsetting that its got a (well deserved) reputation for being scammy. Did YV write a fiction book with characters and a story, or is it more a potential future vision?
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Purp๐Ÿ‡ต๐Ÿ‡ธ pfp
Purp๐Ÿ‡ต๐Ÿ‡ธ
@purp
From what I've seen it described its a speculative fiction book about what his post capitalist world would look like, here's good interview hes anti crypto for replacing dollar( but on economic grounds mainly) but seems generally pro nft metaverse daos and blockchain https://the-crypto-syllabus.com/yanis-varoufakis-on-techno-feudalism/
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Evan
@evangreenberg
Have you read it? Iโ€™m not really seeing a way of getting to a world where capitalism is removed, but NFT/DAO/Metaverse still exist
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Purp๐Ÿ‡ต๐Ÿ‡ธ pfp
Purp๐Ÿ‡ต๐Ÿ‡ธ
@purp
I've not but from what I've seen on block chain use in book, its ledger for monetary value as well as like deeds, he says this in the interview I shared. Daos id imagine some combination of what we consider dao thought mixed with Kibbutzim/ any other historical agrarian communal structure I am probally going to buy me a copy soon though and read it( im not huge on post capitalist utopian theroy though )
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๐–˜๐–ˆ๐–š๐–’ pfp
๐–˜๐–ˆ๐–š๐–’
@degencummunist.eth
Sooo I have the book and the jist of it is a character from our world open basically a portal to an alternate universe version of our world where everything was the same, up until the 2008 financial crisis wherein a bunch of โ€˜crypto anarchists/communist market manipulatorsโ€™ strategical crash the capitalistโ€™s mode of production via the stock market. The rest of the book dives into how in the year I think it was 2020/25ish the world works and itโ€™s basically cooperatives galore and anarcho-syndicates of coops governing global production at the top level
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Evan
@evangreenberg
Why are the cooperatives operating? What is their incentive structure? Is it just โ€œutopia and everything is for the good of everyoneโ€? Is there anything โ€œwrongโ€ in the society or is it true utopia?
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๐–˜๐–ˆ๐–š๐–’ pfp
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@degencummunist.eth
No such thing as true โ€˜utopiaโ€™ here. Just meaningful shares of ownership for everyone throughout society. One of the first things they did was abolish the stock market and basically give everyone a part ownership in all companies, then those dividends get collectively dispersed universally as a natural dividend opposed to a flat UBI thing
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Evan
@evangreenberg
Why do you need more than one company doing a task in that case? Does the system devolve into monopoly only?
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๐–˜๐–ˆ๐–š๐–’ pfp
๐–˜๐–ˆ๐–š๐–’
@degencummunist.eth
No, itโ€™d still have small biz/cooperatives that get grants but donโ€™t compete necessarily, they cooperate within larger syndicates of coops
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Evan
@evangreenberg
Small biz? In the article, he seems open to handing over a company like Amazon or Meta to this system. Are they then dismantled into smaller businesses? How does that create the same dividend to everyone?
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