(2020) by yanis varoufakis
adding page sans book (at least for now).. just as place for all the convos about the book
Book of the Day: What would a fair and equal society actually look like? The world-renowned economist and bestselling author Yanis Varoufakis presents his radical and subversive answer in ‘Another Now’. H/B £16.99 https://t.co/3JwPVX6dVg
Original Tweet: https://twitter.com/FiveLeavesBooks/status/1303631406455754753
the genesis of a world without commercial banks or stock markets, where companies are owned equally by all staff, basic income is guaranteed, global imbalances and climate change cancel each other out, and housing is socialised.
not radical/subversive enough
from sept 2020 – another now – capitalism isn’t working.. here’s an alt [https://www.yanisvaroufakis.eu/2020/09/05/another-now-my-political-science-fiction-novel-depicting-a-fully-fledged-socialism-we-could-have-had-the-guardian/]
Consider the principle of one-employee-one-share-*one-vote underpinning a system that, in Another Now, is known as corpo-syndicalism. **Amending corporate law so as to turn every ***employee into an equal (though not equally remunerated) partner is as unimaginably radical today as universal suffrage used to be in the 19th Century. Indeed, its effect on the future economy promises to be more radical than the effect of granting all adults a vote was a century ago
sounds like the same song
In Another Now, Central Banks provide every adult with a free bank account into which a fixed stipend (called universal basic dividend) is credited monthly. As everyone uses their central bank account to make domestic payments, most of the money minted by the central bank is transferred within its ledger. Additionally, the central bank grants all new-borns a trust fund, to be used when they grow up.
we need to live sans and form of money
w/ubi as temp placebo.. needs met w/o money.. till people forget about measuring
In Another Now persons receive two types of income: The dividends credited into their central bank account and earnings from working in a corpo-syndicalist company. Neither are taxed, as there are no income or sales taxes (VAT). Instead, two types of taxes fund the government: A 5% tax on the raw revenues of the corpo-syndicalist firms. And proceeds from leasing land (which belongs in its entirety to the community) for private, time-limited, use.
not radical enough.. let go of earn a living ness
While the new international system is impressive, it is the granting of a single non-tradeable share to each employee-partner that holds the key to Another Now’s economy. Turning shares into something resembling the student card students receive upon enrolment, or the single non-transferrable vote that citizens get once they reach a certain age, the single non-tradeable share changes everything. By granting employee-partners the right to vote in the corporation’s general assemblies, an idea proposed by the early anarcho-syndicalists, the distinction between wages and profits is terminated and democracy, at last, enters the workplace – with the new digital collaborative tools standing by to remove all inefficiencies that would otherwise hamper the prospects of a democratically-run corpo-syndicalist firm.
From a firm’s senior engineers and key strategic thinkers to its secretaries and janitors, everyone receives a basic wage plus a bonus that is decided collectively: Once a year, each employee is given one hundred merit points to distribute among her colleagues in proportion to her assessment of their contribution to the firm. Each receives a share of the total bonuses (a sum that has been chosen earlier) equal to the percentage of the total merit points her colleagues gave her. E.g. if three per cent of a firm’s overall merit points are awarded to, say, Harriet, Harriet collects three per cent of the firm’s total bonus fund.
Once this principle is embraced, a market-socialist blueprint almost writes itself: Since the one-employee-one-vote rule favours smaller decision-making units, corpo-syndicalism causes conglomerates voluntarily to break up into smaller companies, thus reviving market competition. Even more strikingly, share markets vanish completely since shares, like ID and library cards, are now non-tradeable. Once share markets have disappeared, the need for gargantuan debt to fund mergers and acquisitions evaporates – along with commercial finance. And given that the Central Bank provides everyone with a free bank account, private banking shrinks into utter insignificance.
Some of the thornier issues I had to address in writing Another Now, to ensure its consistency with a fully democratised society, included: democratic checks and balances on corporations and elected bodies; the fear that powerful people will manipulate elections even under market socialism; the stubborn refusal of patriarchy to die; gender and sexual politics; land use, housing and real estate; the funding of the Green Transition; borders and migration; a Bill of Digital Rights; etc.
Writing Another Now as a manual on how to construct the best possible socialism would have been unbearable. It would have forced me to pretend that I have taken sides in arguments that remain unresolved in my head – often in my heart. I, therefore, owe an immense debt of gratitude to Iris, Eva and Costa – my characters whose feisty personalities yielded debates from which I feel I learned a great deal. Above all else, they allowed me seriously to ponder the hardest of questions: Once we have settled on a feasible socialism that blasts Thatcher’s TINA out of the water, what must we do, and how far are we willing to go, to bring it about?
there’s a nother way.. sans math man
Exactly what Iris, my protagonist, says in the book. [Read first, criticise afterwards – a fair point?] https://t.co/LECWEwov81
Original Tweet: https://twitter.com/yanisvaroufakis/status/1303674342736310273
maybe not (a fair point) if we’re looking for (craving) another ‘now’
what we need is a means to undo our hierarchical listening
ie: get/read my book (costs $30).. then i can hear you.. then you can hear you.. et al
“This is our conundrum: Never before have we needed global governance more, [and] many see the United Nations as dysfunctional.”
@yanisvaroufakis argues we shouldn’t shy away from hitting the reset button on global institutions. https://t.co/JQrlDfFVSB
Original Tweet: https://twitter.com/DohaDebates/status/1311931422140055553
reset institutions..? or re\set the way human beings live their days
from 2 min video
in short.. world needs new common plan and new institutions to implement it
In #AnotherNow, @yanisvaroufakis shows us what a world without banks, tech giants, and billionaires would look like. The book confounds expectations of what the good society would look like and reveals the uncomfortable truth about our desire for a better world. https://t.co/Ve23cQOIuA
Original Tweet: https://twitter.com/PenguinIndia/status/1313406326035357696
via michel fb share – the wire oct 2020 book review – A Life Beyond Capitalism: Reimagining a Socialist Future With Yanis Varoufakis – In the former Greek finance minister’s latest book, Another Now: Dispatches from an Alternative Present, he presents a humane alternative to financialised capitalism. – https://thewire.in/books/yanis-varoufakis-another-now-review
Varoufakis needed to break much fresh ground: for, although the literature on how capitalism can possibly transition to post-capitalism is admittedly copious, there is very little by way of an explication of the shape of things after the transition. Karl Marx himself abstained from specific comments on the economics and economic institutions of socialism, and said nothing about what communist society would likely look like. Nothing, that is, other than the laconic catchphrase that his Critique of the Gotha Programme popularised — “From each according to their ability, to each according to their needs” – which is fine as an overarching principle, but hardly a *workable guide to action.
*workable guide if we legit believe it.. problem is we keep saying it but organizing our infra’s to compromise it..
At the plot’s core lies an ingenious thought-experiment involving a tiny, subatomic fold in space-time which apparently opens into ‘an Einstein-Rosen wormwhole’, making it possible for our protagonists to communicate seamlessly with ‘another now’, the living utopia around which the story unfolds. The transition from ‘our now’ to ‘another now’ is believed to have taken place through a process which comes across as a tad wishy-washy, but this, after all, is the story of an imagined future, not of our dreary present, and if dreams do not fly on wings of fancy, what will?
this would/could transition us: short bp
To rid ourselves of GDP-growth we need to move beyond capitalism, to ANOTHER NOW – Response to Timothée Parrique’s response https://t.co/J9DzgNpH1h
Original Tweet: https://twitter.com/yanisvaroufakis/status/1346379615317712897
little unsettling.. he’s riding this guy for not reading his book.. i’m sure this is way out of context.. but sounds like y’s insisting everyone read his book in order to discuss alt’s with him
anyway.. y included an excerpt from ch 6.. on gdp.. so.. there’s that
the Other Now judged worth according to its ‘experiential value’, what is worth in itself to the person who used it. Prices, quantities and monetary profits were no longer the sole masters of society. And the more experiential value liberated itself from the hegemony of exchange value, the less meaningful or relevant GDP could be. And so it was in the Other Now. Although it continued to play a role in measuring monetary incomes, GDP was simply one of many metrics they used to monitor the economy – a demotion that would have made no sense before capitalism died.