What Does The Left Have To Offer In Platform Capitalism? 

  • As platform capitalism develops, many of these digital communities will create their own internal currencies creating a Blockchain Circular Economy .
  • The circular nature of this type of economy adds further value as the currency value increases proportionally with the amount of activity and value generated inside of it.
  • In this type of economy, each activity of a marketplace consists of a “unit of work” and each of these units generates value for the marketplace.
  • With the State largely removed and mostly self-employed workers determining not only the value of their work but also the value of the currency, the left would need a new type of framework to remain relevant.
  • Climate change, new technologies, and the development of the knowledge-based economy are challenges that don’t fit the traditional, Marxist-based narrative of the left.

In reality, the left of the 21st century has failed to offer alternatives to a number of critical issues and doesn’t seem to be adapting to a rapidly changing society and economy. Climate change, new technologies, and the development of the knowledge-based economy are challenges that don’t fit the traditional, Marxist-based narrative of the left.
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