Immaterial Value and Scarcity in Digital Capitalism

Essay by Michael Betancourt. The collapse of the United States’ “Housing Bubble” in 2008 is the logical and inevitable result of the illusion of production without consumption; however, in spite of the financial collapse, and the bailouts of insolvent financial institutions and the on-going disinflation, credit and value collapse, the institutions receiving bailouts became stronger … Read more

Workers’ Control and the Contradictions of the Bolivarian Process: An Interview with Gustavo Martinez

On June 10, 2010 we caught up with Gustavo Martinez, a union leader in the worker-controlled, nationalized coffee company, Fama de América, in Caracas, Venezuela. The company has 350 workers at the national level, with two separate plants – one in Caracas and one in Valencia. We sat down with Martínez to discuss the centrality … Read more

Group agency and the degree to which people are willing to ascribe psychological states to corporations

A recent episode of the NPR show ‘This American Life’ takes up the question of group agency and, in particular, the degree to which people are willing to ascribe psychological states to corporations. Oddly enough, the presenters end up getting into an argument about precisely the issue that Adam Arico addressed in his very nice … Read more

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