How to Outcompete Capitalism? - Metamoderna
Something that creates a positive feedback loop, which changes social relations, so that power is accumulated, for the person or organization to which the feedback loop is linked. So anything that makes you more powerful vis-à-vis others, and that can grow and expand itself by proper management, is capital. The positive feedback loop means that you tend to get more of it once you have a certain amount; it creates an advantage from which you can get more of the same or more of something similar. It’s possible to add another dimension: Capital must have some kind of psychological lure or desirability. There must be something we can fetishize, something we can crave, possess, call our own, and/or be possessed by. Otherwise it won’t do anything and thus it cannot be capital. That means this isn’t the only form of capital: Money is a kind of capital yes, but not the definition of capital in itself. Another form of capital is this: Sexual attractiveness and even good health is a form of capi
So you don’t like capitalism? Alright, what is capitalism then? No, no, really please, off the hip, what’s your razor sharp definition of capitalism? … It’s kind of tricky when you think about, isn’t it? Okay, let’s cut it down to its most basic component: capital. What is capital then? And no, you are not allowed to say money. Not sure then? Okay, what if we look at what capital does? No, not just a lot of evil stuff, what is the most basic mechanism of capital? Mind if I have a go at it? Alright, here’s my take on capital, it is: Something that creates a positive feedback loop, which changes
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