https://blog.p2pfoundation.net/crisis-and-the-the-ethical-economy-ii/2009/09/14 Researching, documenting and promoting peer to peer practices Tue, 15 Sep 2009 02:41:11 +0000 hourly 1 https://wordpress.org/?v=5.5.15 https://blog.p2pfoundation.net/crisis-and-the-the-ethical-economy-ii/2009/09/14/comment-page-1#comment-418198 Tue, 15 Sep 2009 02:41:11 +0000 http://blog.p2pfoundation.net/?p=4893#comment-418198 Arguably the current crisis of capitalism reflects a catastrophically *declining* organic composition of capital. Rushkoff already described how the phenomenon, in the tech industry, “destroyed the California economy.” The same process is occurring now in physical manufacturing: the capital outlays required to undertake production are imploding by one or two orders of magnitude, and all that venture capital is finding itself without anything to invest in.

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