Bleeding Edge
Mark Kohut
mark.kohut at gmail.com
Sat Jan 23 04:30:39 CST 2016
One of those objectively stupid because wrong
comments that come out of following some recent
news. But perhaps metaphorically suggestive and
another resonance to BE?
That news is the recent stock market 'correction"
which, very interestingly, has a .92 correlation--almost
exact correspondence--with the global price of oil.
And Commodities in general have declined strongly along
with oil. ( I know it is mostly China's semi-recesssion (maybe) and that
this is always 'cyclical' and commodities will rebound (as oil has
for two days now)).
But we also know that even the 'developing world' is also
in the world of bits and bytes and non-fossil fuel energy and
we will be soon enough globally (if we survive).
I have that Marx line (about modernity) in my head,
'All that is solid melts into air" which could describe the end of
overcommodification as we
move to 'air' in bits and bytes and if the late capitalism of *Bleeding
Edge *is the going world of
commodities, TRP has foreseen the space, the air, where what
comes after late capitalism will reside.
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