BrentN reviewed Fully Automated Luxury Communism by Aaron Bastani
Is not aging well
3 stars
Despite only being 2 years old, this book has not aged well. While Bastani's premise, that technology promises to create an environment of material plenty and decentralized power structures, is sound, the book focuses too heavily on the technology part of it and not enough on realistic policy aspects.
There is little in this book that directly addresses widespread capital strikes such as we are experiencing at the time of this review (Dec 2022) nor are there well-articulated strategies for dealing with the effects of rising fascism. Additionally, there is an underlying dualistic assumption in the book that ignores the possibilities of co-operative ownership of enterprise.
Still, the book serves as a reminder of the need to question the neoliberal assumption that concentrations of wealth due to exploitation of new technologies represent an intrinsically good outcome.
The most thought provoking discussion for me in the book was the comparison of …
Despite only being 2 years old, this book has not aged well. While Bastani's premise, that technology promises to create an environment of material plenty and decentralized power structures, is sound, the book focuses too heavily on the technology part of it and not enough on realistic policy aspects.
There is little in this book that directly addresses widespread capital strikes such as we are experiencing at the time of this review (Dec 2022) nor are there well-articulated strategies for dealing with the effects of rising fascism. Additionally, there is an underlying dualistic assumption in the book that ignores the possibilities of co-operative ownership of enterprise.
Still, the book serves as a reminder of the need to question the neoliberal assumption that concentrations of wealth due to exploitation of new technologies represent an intrinsically good outcome.
The most thought provoking discussion for me in the book was the comparison of a Universal Basic Income vs. Universal Basic Services. With UBI becoming more widely discussed, it is worth dwelling on the contrast that Bastani draws between the two.