Now, we're used to thinking of communism as being once-upon-a-time-all-things-were-owned-in-common, maybe-someday-this-will-come-again. And people agree that there is a sort of epic narrative going on here. I think we should just throw this narrative out, it's irrelevant anyway, and who cares who owns things? I don't. You know, we all own the White House. So what? I still can't go in, right?

Capitalism is like this fractal thing where anything that contains an element of capitalism anywhere inside it is just something that turns into capitalism. It is an incredibly defeatist attitude. If you choose to look at reality that way, I suppose you can, but you have to do enormous violence to reality to do so consistently.

Adam Smith actually took all his best ideas and lines from sources from medieval Persia. But one thing he doesn't take is the underlying assumption they have that the basis of a market is mutual aid.

The fascinating thing about standard economic stories is exactly that: they assume that everybody wants that kind of closure. That all human relations are forms of exchange, because if everything is an exchange then it's true that we're both equals. We walk up, I give you something, you give me something, and we walk away. Or I give you something, you don't give me something right now, and you owe me. So if we have any ongoing relationships at all, it's because somebody is in debt.

It affects every aspect of our lives, is often said to be the root of all evil, and the analysis of the world that it makes possible - what we call 'the economy' - is so important to us that economists have become the high priests of our society. Yet, oddly, there is absolutely no consensus among economists about what money really is.

Look at labor policy. What's the point of making everybody work too much? It's not very useful. It is destroying the planet, actually. But it's great at keeping people off the streets.

I came to the conclusion that most people in America would really like to be able to get a job where they think they're doing something noble and nice and good and it isn't just for the money. But the reason they hate what they call the cultural elite is that they see it as a class that's grabbed all the jobs where you can get paid to do something that isn't just for the money - if it's art, if it's charity, if it's intellectual, if it's political, whatever it might be.