https://blog.p2pfoundation.net/finance-and-social-production/2008/11/25 Researching, documenting and promoting peer to peer practices Mon, 13 Oct 2014 13:03:13 +0000 hourly 1 https://wordpress.org/?v=5.5.14 https://blog.p2pfoundation.net/finance-and-social-production/2008/11/25/comment-page-1#comment-341279 Thu, 27 Nov 2008 13:38:20 +0000 http://blog.p2pfoundation.net/?p=2171#comment-341279 […] Finance and Social Production is a really interesting article – I’m not sure if i agree 100% but i need to digest it a bit more. The fundamental argument is that credit/debt as a component or partial replacement of wages is a way to effectively extract surplus from post-fordist diversified labour – including ‘black’ or underground labour via interest and replayments. It also makes the interesting argument that class-composition is then reconfigured: Class distinctions are configured around the access to such financial rent. Who has the capital and ability to benefit from rising real estate markets, in which the social production of the metropolis is monetized, and who does not. The terrain of social movements shift from the factory  to the city and the banlieus. […]

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