The Revenge of the Material Economy
26th September 2022
The conflict between the material economy and the economy based in ephemera – such as the creative industries, tech and financial services – is likely to define the coming political conflicts both within countries and between them. The laptop elites, led by Silicon Valley, the City of London and Wall Street, generally favour constraining producers of fuel, food and manufactured goods. In contrast, the masses, who produce and transport those goods, are now starting to realise that they still have the power to demand better futures for themselves and their families. Like railway workers, they can threaten to shut things down and win much higher pay.