Posts

What factors are increasing the price of oil, recently over $135 a barrel? Is it the speculative ‘unregulated’ oil trading that William Pfaff, writing in the IHT, criticises? Certainly the black magic of contract trading is a factor, a parasite on the ‘real’ market for the commodity. According to the BBC, OPEC has so far blamed price rises on speculators and says there is no shortage of oil. Likewise, Pfaff considers the present situation with rising prices dissimilar to the 1973 oil crisis, when OPEC announced that they would no longer supply oil to nations that supported Israel in its conflict with Syria and Egypt. Paul Krugman, also in the IHT, is somewhat naive if he thinks that we are entering merely an era of scarce, expensive oil. This is more than an era. The buried sunlight that we like to burn is running out. Scarcity is the true reality. It’s more than Half Gone. Not only is the raw material that we are critically addicted to becoming more expensive as it becomes increasingly scarce, feeding our addiction in consuming oil is one of the major causes of global warming. ...

Hacking the Networked Society. Abstract: The dynamic between free-software and open-source is often misunderstood by social and political theorists. As a consequence it is also under-theorised within socio-political theory. In this paper, I show how philosophies of free/libre, open-source and commons regimes have engendered new forms of socio-political consumption and new political economies of meaning. My emphasis on the interplay between the local and the global/structure and agency, shows new ways of ‘thinking’ the cosmopolitan, sedimented in the interconnected networks of the technical age....

I’ve converted some of my recent papers into web pages for easy reading online. I hope that others find them of some use, if only for the bibliographies! Here is my New Radical Political Economy paper on social, peer-to-peer, participatory financial models. In the paper I contrast traditional banks and interest bearing capital transactions to these emergent models. Here is the web HTML version, and this is the PDF version for download....

I’ve just finished a paper on social, peer-to-peer, participatory financial models. In the paper I contrast traditional banks and interest bearing capital transactions to these emergent models. I’ve been looking at three different examples of these new business models, Zopa, Kiva and Open Capital, considering to what extent these organisations are challenging established practices. The full paper is available as a PDF. As soon as I’ve got my LaTeX/HTML conversion working I’ll post that too....

With a DCMS Minister urging publicans to challenge alcohol tax riseslobby the Government more effectively on the question of alcohol tax rises, may I present the Sutcliffe defense of : “My comments do not accurately reflect my views.”