
Talking to My Daughter About the Economy: How Capitalism Works – and How it Fails
ALOUD @ Los Angeles Public Library
00:00
Commodification - The Evolution of Capitalism
When market penetrates through commodification into certain realms of life, suddenly it assume. The market mechanism assimulates everything and turns qualities into quantities. That's capitalism. So economics emerged as this at attempt to understand it, ad qualtify id and to mathematize it. But the problem is that even though the mathematics looks the same whether you apply it to the maker economy, or to physics, nature meteriology the mathematics is aesthetically pleasing. It has an enormous amount of discursive power and imagina, imaginary power.
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