Beyond Capitalism Machines, Work and Property

This book offers a new perspective on the financialisation of the economy and its profound technological transformation in an increasingly interdependent and globalised world. A deterioration of capitalist property has led to the reactivation of pre-capit

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Beyond Capitalism Machines, Work and Property

Beyond Capitalism

Giulio Sapelli

Beyond Capitalism Machines, Work and Property

Giulio Sapelli University of Milan Milano, Italy Translated by Barbara Racah

ISBN 978-3-030-20768-7    ISBN 978-3-030-20769-4 (eBook) https://doi.org/10.1007/978-3-030-20769-4 © The Editor(s) (if applicable) and The Author(s) Springer Nature Switzerland AG 2019 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. This Palgrave Macmillan imprint is published by the registered company Springer Nature Switzerland AG. The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland

For Bruno Amoroso In memoriam

Preface

Markets, politics, crisis The debate on globalisation and financial capitalism rages on, producing unsound scientific results and fuelling popular beliefs. This book puts things on a much sounder footing by adopting a meticulously interdisciplinary approach and rejecting the one-track way of thinking that has dominated the world for the past 30 years, cutting us off from what we know about society and its economic relations. The one-track approach essentially espouses an individualist and behaviourist approach to analysis and methodology and anthropomorphises everything from a materialist and consumerist viewpoint (limitless individual rationalisation for maximising financial utility). My way of thinking is based on the belief that the economy is only part of society: it is determined by society and therefore by interpersonal relationships and personal behaviour. I am entirely against tired old Marxist hypotheses, as well as neoclassical ideas inspired by neo-liberal ideology. According to popular belief, globalisation is a predominantly new, predominantly economic phenomenon that emerged from the relentless race towards modernity, went one step further (post-modernity) and morphed in