Manipulation of fiat currencies – self-sovereign, fed-regulated, etc. – embedded in proprietary logics focused on mere accumulation can’t define social relations that’d determine systems change.
The most it can be leveraged for are prefigurative world-building projects and tech.
Ironically, “grassroots + non-hierarchical” is nearly synonymous with “decentralized + autonomous,” and we have centuries of history showing advantages of this organization.
The issue in these times is largely related to culture + fragmentation (which new tech can help address).
Our challenge is less around “leadership,” and more around our capacity to put everyone in a position to lead themselves via directly democratic decision-making processes (governance before government).
Nostalgia (+ tradition) is indeed an enemy, though.
The efforts you mention, @whatdotcd, were largely laughed off because they were spontaneous and without any program or longer prep that dealt with labor, land, or capital (all elements we have to deal with in trying to move beyond Capitalism, but starting from within Capitalism).
“Progressives” getting comfortable with new ideas also includes “progressives” looking beyond electoral politics or what is happening “above,” and wrestling with $$$ + power first to cultivate radically different social relations “below” (amongst people).
Because crypto is based upon fiat under global Capitalism, this means it can be manipulated via market any which way (why we can only place so much confidence in it as a tool for freedom). The underlying tech, however, holds clear revolutionary potential.
If we are able to cultivate new value systems through culture, and pair this with new tech that helps give people the capacity to act on these new value systems prefiguratively, we will then be in a place to pursue what we believe is real systems change grounded in social change.
For more on what we’re getting at, @whatdotcd, please see our pinned tweet and explore the page below.
And if interested in exploring this subject more from a holistic, heterodox economics standpoint, please check out the economist Frederic Sterling Lee.
There is no getting around fiat currencies under global Capitalism.
The core question is:
What social organization and protocols will we tie to our money and resources and will shape the power that we build to dismantle all social, economic, and political systems of domination?
We know a select few – many of whom already come from wealth – are making tons off of crypto right now…
What liberatory application can poor and working-class people currently see through crypto in markets defined by gamification, accumulation, and technical barriers to entry?
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“Abolition” has become a buzzword in these last few years, but abolition isn’t happening without an alternative. We now have to speak to the imagination if we wish to transcend these oppressive systems, and we have to organize + BUILD on that imagination.
Some of us squander so many opportunities for good-faith discourse and education on here because we’re more concerned with looking smart for followers or going viral than appealing to the humanity of others.
Don’t be a “Leftist” absorbed by the neoliberal logic of this platform.
Anyone with a conscience should be using everything at their disposal – which includes social media and technology more broadly – for problem-solving right now, with the urgency of someone trapped in a burning building with everyone else on here and in need of an escape plan.
The sentiments espoused in the clip above are steeped in a dangerous, neoliberal logic of competitive, industrial expansionism, as opposed to a social logic of cooperation for ecologically sustainable democratization of productive forces for the commons.
Nothing “Left” about it.
Please see the clip below for a quick introduction to how/why the sentiments expressed in the clip featured at the top of this thread are an issue.
Also consider looking into the concepts of “hard” and “soft” power – very crucial for this specific topic.
Anarchists (Libertarian Socialists) are perceived as a threat and attacked by all sides of the political spectrum (if you will) because what all other sides have in common (Left or Right) is an acceptance of top-down hierarchy and coercive authority (even if some try to hide it).
Anarchists understand Capitalism as not only a system of exploitation, but a system of domination as well, and they understand that domination (in some form or another) has essentially existed since human beings have been around (well before Capitalism even had a name).
Anarchists believe production must be controlled by the people themselves in service to the commons, just as most self-described Socialists/Communists do.
But they have never believed that production must first pass through the hands of some bureaucratic body for this to happen.