The past November (2015) Paul Mason gave a thought provoking talk at London School of Economics about his new book PostCapitalism, A Guide To Our Future.
Paul Mason is the Economics editor of Channel 4 News. He is the author of several books such as Live Working or Die Fighting: How the Working Class Went Global (2007), Meltdown: The End of the Age of Greed and Why It’s Kicking Off Everywhere (2009), The New Global Revolutions (2012).
In his talk Paul explained how neoliberalism is broken, and what might come after. His argument is that the speed of technological innovation is becoming so accelerated, it is challenging classical economics. Information technology in itself, is a revolution that, even though is driven by capitalism, it has the tendency to drive the value of much of what we make towards zero, as various other writers (Jeremy Rifkin and others) have already described. That tendency has the potential to destroy an economy based on markets, wages and private ownership.
The outcome of technological innovation, can in the end, be the possibility of creating a more socially just and sustainable economy for all, on a global scale.
Previously to his talk, Intelligenthq had the opportunity to interview him about the main ideas of his book, and his vision of a fairer system:
Paul’s text of the talk is fully available here.