Post-Capitalist Society

”In his book Post-Capitalist Society, Peter Drucker wrote: “Every organization has to build in organized abandonment of everything it does. Increasingly, organizations will have to plan abandonment rather than try to prolong the life of a successful policy, practice or product.” The state optimizes bureaucracies to prolong whatever privileges are currently in place, and it depends on the permanent expansion of consumption and debt to fund these bureaucracies.

The state is incapable of addressing the melting into thin air of the world system it dominates because automation, commoditization and the exhaustion of growth and debt cannot be defeated by mobilizing an army or issuing more credit. As for banning automation—this simply speeds the system’s slide to the graveyard of history. Proponents claim that markets can solve virtually any problem simply by turning everything under the sun into a commodity that can be priced via current supply and demand. This is not a universal solution. Markets are optimized to price everything by exposing supply and demand, but this alone can’t reverse the wholesale destruction of labor and financial capital’s value. Proponents of the state believe that if the state controls all markets, then it can solve any economic or social problem. But if the consequences of automation and Degrowth are systemically unsolvable by the state, markets or state-controlled markets, this faith that the state is the solution to every problem is not just wrong but fatally so. If decentralized, distributed, self-organizing systems are the only possible solution, the state cannot be the solution. The most productive state doesn’t attempt to solve problems that it cannot solve and limits its role to protecting the populace from exploitation and military attack.“

A Radically Beneficial World: Automation, Technology and Creating Jobs for All: The Future Belongs to Work That Is Meaningful, pp. 215–216, Charles Hugh Smith