Paul Mason (2015) Postcapitalism: A Guide To Our Future.

Paul Mason is an optimist. I’m a pessimist.  He outlines the problems mankind faces in the future and suggests as a utopian solution of free money and us all working together in a non-working world. I tend more towards the four horseman of the apocalypse scenario.

Mason suggests there are a number of negative feedback loops that will work together to make the world a much poorer place for 99% of humanity, but if we reverse engineer this process we can all become richer and make a fairer and more prosperous world for all. ‘Neoliberalism is Broken’ is the title of his first chapter. We all know how this works. We’ve being doing it for the last thirty years and the process has accelerated since the financial meltdown of 2008. Work longer hours for less pay, or no pay. Sing hallelujah, and thanks boss, as money flows from the poor to the rich at an increasing rate.  Thomas Piketty, Capital, did the maths. Algorithms rule the world.  But Mason sees a chink of light in the information age. Technology that puts at least fifty percent of the workforce out of work, (timescale by 2050, or at cinema near you soon) will, as work itself become redundant, give us more leisure time. When the distinction between work and leisure becomes blurred creativity will flourish. Examples, oh dear, ‘people will blog, make movies, self-publish books’. Shit. I’m already doing all these things. I must be living in the future. It’s Martin Ford’s The Rise of the Robots, but with a happy ending. The robots won’t gain an awareness of themselves as a singular being, in the singularity, and mankind as being a species that has reduced the planet to a giant hamburger, and instead of keeping mankind as a pet, they’ll not do the logical thing and mine us for the energy in our hair and skin and meat and reduce the world to something like a boxset of hell played on an endless loop, but instead of that, our android friends will free us from work.

The merit in that argument is it is logical. William Shakespeare’s Brave New World  before Brave New World has Ariel working for the man, Prospero, in  The Tempest.  All utopias are a bit like that. Prospero might have stolen an island home, but it was from an evil witch, and give him his due, he did give gainful employment to the witch’s son, and became master of the monster, Caliban, who he used as another source of free labour. Prospero was free to do what he willed, as we will be in a prosperous new age based on exciting new technologies. Fritz Laing, Metropolis. As above, so below. Aldous Huxley and George Orwell both envisaged a time when work would be something that would be optional – for the elite. As it always has been, but Mason argues that the problems facing us are global problems and unless we face them together they will defeat us and the capitalist system will fall apart.

Global warming is an example of this. Mason doesn’t think the market can work well enough to allocate resource so everyone can meet their energy needs and keep enough fossil fuels out of the air and keep the temperature of the earth below an increase of around two-degree centigrade level. After that runaway global warning will take place. Being born in a particular location will be the equivalent of a life in poverty and death with millions of refugees on the move. I called this melodramatically, The Third World War, and suggested it’s already begun. I think it’s a war already lost. Human casualties, I’d guess, somewhere in the range of the Black Death, one in four. I can be bland about it because I’ll be dead by the time this is fully realised. But if you’ve children of grandchildren, be very afraid. Mason suggests that we leave all fossil fuels in the ground, turn to solar, wind, and sea, as Germany has done, with up to 50% of its needs being met in this way. So it is possible, but is it probable?

China and India playing catch up and building or having recently built hundreds of coal-fired stations.  But as Mason states ‘Between 2003 and 2010, climate change lobby groups received $558 million in the US. Exxon Mobil and the ultra-conservative Koch industries were major donors…’ What’s in it for them? Simple. Leave fossil fuels in the ground, or as Mason suggests in his chapter ‘Project Zero’ and Exxon Mobil will be worth zero on the stock market of any market. Far simpler to go out and buy a politician, or president.

One of interrelated problems Mason identified was workers in the Western world are getting older. Gee whiz, you may be saying, my hips killing me, I sure know about that. ‘Futureproofing’ on Radio 4 that around 50% of children born today will live until they’re 104. Great news for them. Around 4% of those born at the start of the last century lived long enough to collect their pension. So work hard and don’t collect your pension was the order of the day. Think about this. One in two hospital beds are filled by our fossil fools. Piketty suggests that rich countries growth will fall to around 1% to zero or negative growth. That’s where we are now. More must be done with less. That’s where we are now. Piketty also shows that the equation that you put into the system early and take it out in your later years, in health deficits, no longer works, or can be taken seriously. Mason shows that six of eight nations with populations under 30 are in Africa. Throw in India and US and the equation that one worker will be supporting one pensioner (around four workers fill those positions now) and you’ll be able to determine it doesn’t add up. Mason also shows that all that money invested in government bonds and shares and other financial assets are, in the longer term, worthless as the International Monetary Fund recognises. The bearer will not pay on demand.  When it unravels, as it will, then the provider of last resort is the government.

Here’s another of my favourites. The problem of supply is one of demand. Rosa Luxemburg, and all that. As Apple who make those nice phones and tablets and were the richest company in the world find to their cost, unless poor people have money in their pockets they can’t afford to buy those shiny new toys. One in eight workers in the US have at one time worked for McDonalds. Tens of millions wait for food stamps and flood into Walmart, who tell their staff to claim for food stamps. In our country we’re looking at the same solution: the race to the bottom. The solution, increased liquidity, give more money to the rich in the hope that it trickles –eventually- down to the poor, doesn’t work. It’s never worked, but is  neoliberal ideology in action.

Mason takes a hint from that well-known libertine, Friedrich Hayek, and suggests that citizens should be issued with an income to do with it what they liked by the government. Imagine if universal credit really was universal credit and how work would become an optional choice. But it’s another of Hayek’s truisms Mason challenges. Only the market can allocate resources. Computing power, argues Mason, can now do that just as effectively, or more effectively than any free market. Facebook and Google, for example, can anticipate our every need before we can even voice it. Their algorithms are getting better. What we think of choice is just a bit of camouflage as the servant serves us more of the same, but in a different colour. But imagine Mason suggests harnessing this power. Imagine the government building more houses. Imagine the government taking control of the money supply and instead of trying to sell banks we already own, lending money to rich people, lending it to fund social projects. Imagine the government running the energy industry for our benefit. I know, I know, it’s a bit much to take. Especially, the bit about taking money from the 1% who are rolling in it. There’s a loss of liberty there. Liberalism. Liberty. More equality.  Mason thinks that the threats that we face will allied with the technologies that we have developed will make it brave new world with everyone sharing in the fruits of non-labour. I’m more cynical. We’re at the Wright brother stages with the first aircraft. New technologies will enrich us, but not us all. The world is a more stratified place and will become even more stratified and uneven. Four horsemen on the horizon. Not even that far. I think I can hear the thunder of hoofs. But I hope Mason is right and I’m wrong, as I usually am.

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