Technology is not a supplement for social policy

Social problems cannot be hacked. The popularisation of ‘Hack Days’ is simply the privatisation of poverty. Technology will never be a supplement for good government. Around the world, elected leaders have abdicated their responsibility for their citizens to the private sector. The only thing worth hacking are parties themselves.

Serfs inside the machine: Why tech is unlikely to destroy capitalism

Former Greek finance minister, Yanis Varoufakis, claims capitalism is making itself obsolete thanks to the technologies it has produced. He argues that because companies like Google and Facebook are powered by social production, the private means of production are becoming obsolete. He says that Artificial Intelligence will be capitalism’s downfall.  If wishing made it so…

Why Greece took the fall for a European banking crisis

The Greek bailouts were a banking crisis in disguise. In an excerpt of her upcoming book, editor-in-chief, Claire Connelly, explores how Greece took the fall for decades of irresponsible lending by French and German banks. If Greece continues to participate in the European Union, democracy is doomed.