Monday, June 16, 2025

Margarine Socialism

" . . .   marginal utility theory, and drawing particularly on Jeremy Rifkin's The Zero Marginal Cost Society, Peter Drucker's Post-Capitalist Society, and the work of Paul Romer. As Marx speculated, many commodities, such as software, music, and designs for objects to be reproduced by machines, can now be reproduced at virtually no cost (i.e. zero marginal cost). These developments render economic theories predicated on scarcity increasingly irrelevant. Moreover, significant commodities in the digital economy are free and open-source (FOSS) and non-capitalist, such as Linux, Firefox, and Wikipedia.

As the information economy grows and human labour is replaced, the need for work should diminish. . . ."


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