Energy & Production early manufacturers had to be energy producers water wheels, production near rivers and streams steam power: allowed decentralization but was expensive industrial production: involved millwork getting power to a range of devices. –pulleys & belts could consume a third of the power
Energy & Production II electric power: allowed replacement of millwork –1900: 5% of factory power came from electricity new developments: –steam turbine, allowing bigger power plants –Tesla: AC allowing transport of power over distances From Edison to Insull: rise of central utilities, The Grid –key factor: load balancing; more customers, better efficiency electrification of production: essential to mass production and industrial cog-labour
The Rise of Information Science followed technology: Electricity: 1 st science-based development Herman Hollerith: punch-card tabulator: 1890 census –allowed big businesses to process information much quicker –customers, finances, employees, supply chains, inventories Dismantling of power generation: paralleled the creation of departments for data processing Rise of bureaucracy and white-collar work
Issues Automation of blue-collar work. Degradation & outsourcing of blue- collar work: globalization. Undervaluing of Resources: labour- vs. resource-productivity Automation of white-collar work De-marketization of production & the Commons. A crisis of jobs or a Crisis of Remuneration? Is Fordist-era manufacturing the solution?
Dimensions of Real Economic Strategy Focus on production for needs; devise means to do this Integrate formal / informal economies: home- based productionfood, energy, craft, reuse, and community-design to support it Target key areas of conventional waste and inefficiency for paid work: retrofit, renovation, deconstruction, reuse centres, local-sustainable food, horticulture. Transform conventional work on green principlesevery job and sector Downsize destructive & parasitic sectors: financial, advertising/propaganda, incarceration
Dimensions of Strategy II Transform unionism: based on the purpose of work and nature of wealth-- community-based Transform business & markets: –new drivers for regeneration (based on real rather than financial objectives) –new forms of stewardship –new forms of ownership & participation disarm the totalitarian power of money scarcity end debt-based money system, erode speculative finance
Remuneration & Qualitative Wealth Sever work and income? Wages: tied to certain kinds of production & markets. Public goods not so well served by markets. Economic insecurity: closely related to environmental destruction.