Paul Mason has a breathless piece in The Guardian making grand New Economy claims that sound like recycled propaganda from the late-1990s—though he gives them a left spin: postmateriality is already liberating us. I wrote a book that was in large part about all that ideological froth, published in 2003, and so far I’ve been struck by the nonrevival of that discourse despite a new tech bubble. Uber and Snapchat don’t excite the same Utopian passions that the initial massification of the web did.
I’ll pass on refuting Mason’s article, because I already did that twelve years ago. But I do want to comment on one point that Mason makes—one that’s ubiquitous in a lot of economic commentary today: capitalists don’t need workers anymore. As he puts it:
Postcapitalism is possible because of three major changes information technology has brought about in the past 25 years. First, it has reduced the need…
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