Review of “Postcapitalism: A Guide to Our Future” – Paul Mason

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Mason is best known to Brits as a broadcast journalist on BBC and Channel 4, and as a professional northerner-Trotskyist purveyor of political balance on the interview couch. He has drawn on an eclectic mix of economists, psychologists and futurologists to substantiate his obituary of neo-liberalism. The book’s key argument is that several megatrends make it likely and desirable for traditional capitalism to collapse. Markets are becoming increasingly irrelevant in many of their key functions like the allocation of capital, price discovery and matching supply and demand. In a world of quantitative easing and dematerialisation of production there is excess […]