Speaking of miracles: given capitalism’s inherent tendency to deplete the commons, it was always going to take an enormous one for our species to escape climate catastrophe. Technofeudalism’s advance makes this miracle even more improbable. The Age of Cloud Capital erects two obstacles in the path of climate change amelioration. One obstacle operates at the level of politics and is obvious. A grand deal between the United States, the European Union, China (not to mention Brazil, Russia, India and South Africa) is a prerequisite for limiting climate warming to levels consistent with our
...more
