The first European visitors to #Secwepemc territory in 1793 encountered a socioeconomic system that had sustained itself and the land for at least 4,000 years. The territory was rich in plant and animal life.
The #Secwepemc participated in an extensive pre-colonial trade network that extended southwest along the American west coast and southeast to the Great Plains.
Secwepemc maintained an extensive system of trade routes used to transport goods within Secwepemcul’ecw and exchange with neighbouring nations. Many of those routes would be expropriated and exploited for colonialist infrastructure, including the #TransMountain pipeline.
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The TMPE is not yet built. It is not yet transporting oil. Yet, it bears a price. Within the capitalist economy having a price is synonymous with having value. The value of assets like the TMPE are based on capitalist expectations for the future.
Those expectations are a key part of the capitalist imaginary that not only conceives of a future but informs decision-making that continually recreates the capitalist order.
Analysis of asset prices offers an important means to understand—and intervene in—the capitalist imaginary. Capitalist expectations have wide-reaching consequences via decisions that mobilize financial and material resources.