Economy and Ecology and why the term "crisis" is somewhat misleading
The term "crisis," attached to the global ecological problem, although unavoidable, is somewhat misleading, given its dominant economic associations. Since 2008, we have been living through a world economic crisis — the worst economic downturn since the 1930s. This has been a source of untold suffering for hundreds of millions, indeed billions, of people. But insofar as it is related to the business cycle and not to long-term factors, expectations are that it is temporary and will end, to be followed by a period of economic recovery and growth — until the advent of the next crisis. Capitalism is, in this sense, a crisis-ridden, cyclical economic system. Even if we were to go further, to conclude that the present crisis of accumulation is part of a long-term economic stagnation of the system — that is, a slowdown of the trend-rate of growth beyond the mere business cycle — we would still see this as a partial, historically limited calamity, raising, at most, the question of the future of the present system of production.
monochrom is an art-technology-philosophy group having its seat in Vienna and Zeta Draconis. monochrom is an unpeculiar mixture of proto-aesthetic fringe work, pop attitude, subcultural science, context hacking and political activism. Our mission is conducted everywhere, but first and foremost in culture-archeological digs into the seats (and pockets) of ideology and entertainment. monochrom has existed in this (and almost every other) form since 1993. [more]