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Inventing the Future: Postcapitalism and a World Without Work

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Cover artist
  
Michael Oswell

Language
  
English

Originally published
  
2015

Page count
  
245

Genres
  
Politics, Economics

4.1/5
Goodreads

Country
  
United Kingdom

Pages
  
245

Author
  
Nick Srnicek

Publisher
  
Verso Books

Inventing the Future: Postcapitalism and a World Without Work t0gstaticcomimagesqtbnANd9GcRDLQxPM1mzgC5VqW

Authors
  
Nick Srnicek & Alex Williams

Media type
  
Print (paperback), ebook

Similar
  
Economics books, Capitalism books

Inventing the future postcapitalism and a world without work



Inventing the Future: Postcapitalism and a World Without Work is a 2015 monograph by Nick Srnicek and Alex Williams, published by Verso Books.

Contents

Synopsis

The book begins (chapters 1–2) by critiquing dominant left-wing thinking in the West, suggesting that since the cultural upheavals of the 1960s it has been characterised by a "folk politics" which aims to bring politics down to the "human scale". By emphasising temporal, spatial, and conceptual immediacy, folk politics tends to privilege reacting to change (through protest and resistance) over imagining new long-term goals; the immediate and tangible over the abstract; personal involvement in direct action over institutional responses; single issues over complex strategies; horizontal organising over hierarchical; and the local over the large-scale. While arguing that these approaches are important and can at times be effective, Srnicek and Williams argue that they are insufficient to tackle global capitalism and specifically neoliberalism.

In chapter 3, Srnicek and Williams contrast left-wing folk politics with the success of neoliberalism in achieving global cultural hegemony. This is illustrated by the long-term, top-down strategising characterised by the Walter Lippmann Colloquium and Mont Pelerin Society, the development of networks of think-tanks, and positioning of neoliberal ideas and thinkers in government and media. This strategy enabled neoliberals to offer a set of ready-made policies to leaders looking for new ideas in the wake of the collapse of the Bretton Woods system and the 1970s oil shocks. Srnicek and Williams suggest that the Left needs to adopt similar strategies. Accordingly, in chapter 4 they argue that the Left needs to offer a positive vision of a new modernity, embracing the importance of dismantling hierarchies of gender and race while also accepting that promoting universal human values is necessary to achieve a progressive vision of the future and positive freedom.

Chapter 5, 'The Future isn't Working', identifies a crisis in capitalism's ability (and willingness) to employ all members of society, arguing that 'there is a growing population of people that are situated outside formal, waged work, making do with minimal welfare benefits, informal subsistence work, or by illegal means'. Chapter 6 argues that a 'Mont Pelerin of the Left’ should press for:

  1. Full automation of as much work as possible.
  2. The reduction of the working week, redistributing the remaining work more equitably.
  3. The provision of an unconditional and generous income for all citizens.
  4. The diminishment of the work ethic.

Srnicek and Williams argue that it is necessary to raise the costs of labour in order to incentivise investment in labour-saving technologies, envisaging a positive feedback loop between a tighter supply of labour and technological advancement. Chapter 7 argues that to achieve these goals, the Left must invest in establishing a new hegemonic status for these ideas, building on the successes of capitalism, repurposing its structures, and investing in scholarly research and the modelling of emergent policies.

The final chapter argues that an 'anti-work' or 'post-work' politics—providing a clear vision of a future where people work less—should appeal to a broad enough range of different interest groups to be the basis for a populist movement. The chapter sketches how this populism needs to be harnessed to get post-work politics into mainstream media, intellectual life, trade unions, and political parties, and how the pressure points where direct action can be targeted have changed as capitalism has undermined the power of organised labour to disrupt production.

Reviews

Reviews of the book include:

  • Rich Jevons, 'Book Review: Inventing the Future', The State of the Arts (12 November 2015), http://www.thestateofthearts.co.uk/features/book-review-inventing-the-future/
  • Neal Lawson, 'Review of Inventing the Future’, Compass (12 February 2016), http://www.compassonline.org.uk/review-of-inventing-the-future/
  • Ian Lowrie, 'On Algorithmic Communism', Los Angeles Review of Books (8 January 2016), http://lareviewofbooks.org/article/on-algorithmic-communism
  • References

    Inventing the Future: Postcapitalism and a World Without Work Wikipedia