An Economy for All!

GeorgieBC's Blog

This article is part of a series: ‘Stigmergy: Systems of Mass Collaboration’.

What we are taught to think of as ‘the economy’ began as the acquisition and use of goods for the household [Aristotle, Topics, 350 B.C.E.], and expanded to focus on the employment of a small niche group of society who made the accumulation and trading of assets their life’s work. ‘Productive’ labour which adds to the value of materials was recognized, but “The labour of a menial servant … adds to the value of nothing.”[Adam Smith, The Wealth of Nations, 1776] After the Industrial Revolution, Karl Marx popularized the inclusion of labour as a commodity when it was expended for the benefit of capitalists and exchanged for a wage. It was separate from the labour of daily life as “Life for him begins where this activity ceases, at the table, at the tavern, in bed.”

View original post 5,139 more words

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s