Bitcoin: utopian reflection of a capitalist nightmare The digital currency Bitcoin has hit the headlines in recent times for its novelty, as well as for its phenomenal rise in price over the past few years. But how much of the Bitcoin sensation is hype, and what is the reality?
“Let them eat insects” – Food and the future of capitalism Recently the Food and Agriculture Organisation (FAO) released a report that came up with a novel idea: convince the world population to eat insects to avert mass hunger. In reality it is already possible to feed everyone without the need to eat bugs. What stands in the way is the âmarketâ, i.e. capitalism.
New Year, same old crisis As 2013 came to a close, many economists and politicians drew a collective sigh of relief: the Eurozone remains in one piece; the USA has not defaulted; and a triple-dip recession was avoided in Britain- there is even much talk of a recovery! But for the more far-sighted commentators amongst the bourgeoisie, the New Year – far from offering any light at the end of the tunnel – simply brings with it increasing uncertainty, instability, and crisis.
