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and that means revising the whole capitalist model;  the notion of "having to" keep the assembly line running in order to protect the rentier's investment -- even if this means a spectacular waste of resources and drives perverse dogwaggery in the form of "demand creation" (with all the intrusion, privacy invasion, pollution of the memescape and other side effects of blitz advertising that groups such as Adbusters document so well) -- is just plain absurd.
Price the resource waste appropriately and the rentier will shut down the plant and take the loss.

"It's the statue, man, The Statue."
by Migeru (migeru at eurotrib dot com) on Thu Mar 8th, 2007 at 06:38:25 AM EST
[ Parent ]
I suspect that if we price the resource waste appropriately, capitalism comes to an end -- since its whole function is to accumulate profit based on the externalising of costs and the liquidation of resources.  if that externalising is  forbidden and the resources are priced fairly instead of being extorted, looted, or undervalued via fraud or cartel price-fixing, then the whole house of cards collapses;  margins revert to what we might call the "solar growth rate" of 3 or 4 percent per annum not compounded, and accumulation is no longer possible on the scale which supports the rentier culture.  or so I read the tea leaves.

The difference between theory and practise in practise ...
by DeAnander (de_at_daclarke_dot_org) on Sun Mar 11th, 2007 at 02:49:56 PM EST
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