Bookmarked To Slow Down Climate Change, We Need To Take On Capitalism by Kim Stanley Robinson (BuzzFeed News)
As we head for the edge of a climate change cliff, neoliberal market capitalism is chewing up the biosphere and the lives of everyone in it. But it’s not too late to act.
Kim Stanley Robinson argues that change is still possible to alivate the crisis of global warming. However, this is not individual change, but rather political change.

Any such resistance will have to emerge in forms borrowed from the system we have now, in a stepwise process using the political tools already at hand. This is a depressing thought, but as methods go, it’s the lesser of many evils. The other options include things like world revolution (messy, murderous, prone to failure or blowback); or a fall into a new Dark Age, followed by a renaissance some centuries later; or — well, what else is there? Alien or divine intervention I leave to others to imagine. In our timeline, it seems to me the only real option is politics. Or to be more specific, political economy.

This ‘political economy’ would be post-capitalism. In many respects this touches on Douglas Rushkoff’s push for more human intervention and involvement.

A political economy like this would be a “post-capitalism” one in which everyone could live at adequacy, including wild and domestic mammals, birds, fish, insects, plants, bacteria, and all the other parts of Earth’s living symbiosis. What we’re doing now makes it harder to get to that good future, but the goal is still physically possible to attain. This is the project that human civilization has to take on to survive, and one that will provide not just employment, but purpose. We all crave meaning in our lives, and by a strange twist of fate, a very meaningful project has been given to us: Prevent a mass extinction event, and build a better world for the generations to come.

Liked Universal Basic Income Is Silicon Valley’s Latest Scam by Douglas Rushkoff (Medium)
Under the guise of compassion, UBI really just turns us from stakeholders or even citizens to mere consumers. Once the ability to create or exchange value is stripped from us, all we can do with every consumptive act is deliver more power to people who can finally, without any exaggeration, be called our corporate overlords. No, income is nothing but a booby prize. If we’re going to get a handout, we should demand not an allowance but assets. That’s right: an ownership stake.
Bookmarked John Pat Leary — Innovation and the Neoliberal Idioms of Development | boundary 2 by John Pat Leary (boundary2.org)
As its contemporary proliferation shows, innovation has never quite lost its association with redemption and salvation, even if it is no longer used to signify their false promises.
John Pat Leary provides a lengthy history of innovation and capitalism. This is something also touched upon by Rolin Moe. He highlights its association with neo-liberalism.

Marginalia

This essay explores the individualistic, market-based ideology of “innovation” as it circulates from the English-speaking first world to the so-called third world, where it supplements, when it does not replace, what was once more exclusively called “development.” I am referring principally to projects that often go under the name of “social innovation” (or, relatedly, “social entrepreneurship”), which Stanford University’s Business School defines as “a novel solution to a social problem that is more effective, efficient, sustainable, or just than current solutions” (Stanford Graduate School of Business)

For most of its history, the word has been synonymous with false prophecy and dissent: initially, it was linked to deceitful promises of deliverance, either from divine judgment or more temporal forms of punishment. For centuries, this was the most common usage of this term. The charge of innovation warned against either the possibility or the wisdom of remaking the world, and disciplined those “fickle changelings and poor discontents,” as the King says in Shakespeare’s Henry IV, grasping at “hurly-burly innovation.” Religious and political leaders tarred self-styled prophets or rebels as heretical “innovators.”

As Lepore (2014) has argued about its close cousin, “disruption,” innovation can be thought of as a secular discourse of economic and personal deliverance.

One undergoes development to achieve development; innovation, in turn, is the pursuit of innovation, and as soon as one innovates, the innovation thus created soon ceases to be an innovation. This wearying semantic circle helps evacuate the processes of its power dynamics, of winners and losers.

my point is to emphasize the political work that “innovation” as a concept does: it depoliticizes the resource scarcity that makes it seem necessary in the first place by treating the private market as a neutral arbiter or helpful partner rather than an exploiter, and it does so by disavowing the power of a Western subject through the supposed humility and democratic patina of its rhetoric.

Innovation, in its modern meaning, is about revolutionizing “process” and technique: this often leaves outcomes unexamined and unquestioned.

Max Weber argued that capitalism in its ascendancy reimagined profit-seeking activities, which might once have been described as avaricious or vulgar as a virtuous “ethos” (2001, 16-17). Capitalism’s challenge to tradition, Weber argued, demanded some justification; reframing business as a calling or a vocation could help provide one.

The TED Talk, with which we began, is in its crude way the most expressive genre of this contemporary version of the entrepreneurial romance.

The throat-clearing self-seriousness, the ritualistic gestures of humility, the promise to the audience of transformative change without inconvenient political consequences, and the faith in technology as a social leveler all perform the TED Talk’s ego-ideal of social “innovation.”

When we consider innovation’s religious origins in false prophecy, its current orthodoxy in the discourse of technological evangelism—and, more broadly, in analog versions of social innovation—is often a nearly literal example of Rayvon Fouché’s argument that the formerly colonized, “once attended to by bibles and missionaries, now receive the proselytizing efforts of computer scientists wielding integrated circuits in the digital age” (2012, 62).

Liked Private equity bosses took $200m out of Toys R Us and crashed the company, lifetime employees got $0 in severance (Boing Boing)
Private equity's favorite shell game is to take over profitable businesses, sell off their assets, con banks into loaning them hundreds of millions of dollars, cash out in the form of bonuses and dividends, then let the businesses fail and default on their debts.