potofsoup: (Default)
potofsoup ([personal profile] potofsoup) wrote2019-02-10 01:13 am
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Reblog: New status by nindokag

[syndicated profile] nindokag_feed posted: New status by nindokag

thebaffler.com/salvos/a-practi

On the one hand, we have witnessed an endless series of global debt crises[...] On the other, we have an ecological crisis[...] But ultimately they are the same. What is debt, after all, but the promise of future productivity? Saying that global debt levels keep rising is simply another way of saying that, [...] human beings are promising each other to produce an even greater volume of goods and services in the future than they are creating now.



This is going to take me a while to digest, but wanted to reblog while I still remember.

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