MIT 1500
th
Lecture Nov 14 , 2012
I) Commons
In terms of property, belonging to an entire community
Public Commons
o Literally, shared, used, enjoyed by all
o Basic right
o Ex. Ocean, water itself, sky, air
o Language
o Need to be protected so that they can continue to be used by everyone
Private Commons
o Doesn’t mean its commodified, not corporately owned
o Something that is somewhat privatized, but its for the good of everyone
o Non-excludable, people aren’t excluded
o Education, health care – things that are there for the public good
All aspects of commons share a few things
o Inclusive, there for everyone
o Cannot be commodified
o If its commodified, it ceases being commons
o Assigning value and ownership
o All regulated in different ways, regulated to ensure access
o Continue to make it available to people
o Ex. Smurfs
Privatized for a public good (roads)
Don’t have money, therefore no monetary value, no system that operates on
currency
Cooperative society
Necessities provided
II) Material Enclosure and Private Property
Accumulation by dispossession
Enclosure and the material world
o Enclosure – accumulation by dispossession
o Enclosure acts – 18 -19 century
State policy to enclose land and begin to assign value to it
State became involved in dispossessing people
o Colonialism
Certain countries go to another continent and do the same thing, but on a larger
scale
Enclosure and Colonialism – destroy the natural economy
o Confiscating land
o Economies always turned into export only economies
Free labour pool
Ex. Enclosure and Commidification of Water
o Nestle
o Coca Cola
Can’t have enclosure without having private property
Gives way to Capitalism, which thrives on private property
o Enclusion based on private property
o Have to have money to participate in capitalism o Not inclusive and not into sharing
Capitalism
o Based on private property and saleability
o Coined mid 19 century
o Features
Production of commodities by private companies
Key is you can’t continue to exist without turning a profit
o Trends
Competition and Scarcity
Something is more valuable if it is more scarce
You will innovate because you know that there’s competition
Maximum profit due to scarcity
Facebook, not many other players in town
Scarcity of Facebook-esque products
o De Beers
Encountered scarcity in many ways
Scarcity of labour, nobody wanted to work
Had to find a way to get people to work in their minds
Got the gov’t to impose certain taxes, people who could support themselves
were forced to pay taxes
Didn’t have money, went to mines to earn the money to pay the taxes
A lot of diamonds
Had to create artificial scarcity so that the diamonds would be valued
Created cartels
Locked up 90% of the worlds diamonds, controlled them, to create artificial
scarcity
Had to create this illusion that people gave diamonds when they were in love
Had to spend a certain amount of money on it
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