#neoliberal

Post-Keynesian economist Steve Keen shows how the #AIBubble is related to all the previous overinvestment bubbles. He’s got the models and the math to prove it, and it’s easy to follow. But most importantly, he then goes and models also the hypothetical post-AGI market with huge job losses. Keen shows, that if the tech bros keep insisting on current #Neoliberal models without #UBI funded by a government deficit, we might end up in a Hunger Games world. https://youtube.com/watch?v=TD3FB9NkwSQ #economics

At no point do they address the elephant in the room, that is that Nigeria is a country rigged with poverty and corruptions, whose resources have been exploited by the #GlobalNorth for the last 3 centuries and that the #NigerianPrinceScam is just one of the #neoliberal #digital response of the #GlobalSouth. The fact that these scams cause a lot of harm is indeed a serious issues, but not one you solve by going after already precarious young men just scrapping the leftover from #capitalism !

“Common sense” says if something has failed for 40+ years, stop repeating it. #Neoliberal has failed on #climatechange, and it’s still failing now. Rebranding it, softening it, or “warming it up” isn’t a solution, it’s just delay. We’re living inside systems that clearly aren’t working. At that point, common sense isn’t about defending them - it’s about recognising the failure and trying something different. More of the same is not realism. It’s inertia. #climatechaos #deathcult #OMN

#intro #toot time | What is Mute? Mute is a publisher of Mute Magazine and open-source #liberationtech publishing tool creators as OpenMute. Founded 1994 in opposition to #libertarian #neoliberal tech visions AKA #wired #californianideology - since then Mute has become many things. Mute is based in - #art #music #poetry #literature #politics #technology - please fill in the gaps https://en.wikipedia.org/wiki/Mute_(magazine) | Mute is currently in #achive mode - find out more, contribute - https://github.com/Mute-Publishing/archive