Monday, October 19, 2015

Dmitry Orlov — Shrinking the Technosphere


Important. Putin is proposing a new social, political and economic paradigm. Orlov explains the Russian, which doesn't translate literally into English to capture the full meaning since the Russian terns have rich denotation and connotation that a single English word misses.

Putin is directly confronting capitalism understood as propertarianism and proposing a social democracy that involves a re-prioritizing away from the primacy of ownership to the primacy of people and the nest as an antidote to the neoliberalism, neo-imperialism and neocolonialism that leads to plutonomy and chaos.

As Orlov observes, this is new. No one else is putting forward in this way, and it is likely to be a game changer. With Russia and China on board, BRICS is likely to follow and that is likely to create aspirations in the emerging world. Of course, neoliberals and technocrats won't be pleased.

1 comment:

Random said...

Yes, but does he understand MMT?
He needs to get rid of the neoliberals in the Central Bank.