Cover of Four Futures: Life After Capitalism

Book Highlights

Four Futures: Life After Capitalism

by Peter Frase

What it's about

This book examines how automation and climate change will reshape society by presenting four distinct scenarios for a post-capitalist world. It uses science fiction and social theory to argue that our future depends on whether we prioritize equality or hierarchy and abundance or scarcity.

Key ideas

  • The Magnetism of Capital: Social hierarchies like celebrity or skill currently align with economic power, but this alignment is imperfect and open to change.
  • The End of Mutual Dependence: Automation threatens to make the working class superfluous to the elite, breaking the traditional bond where capitalists needed workers to generate profit.
  • The Necessity of Automation: Low wages currently disincentivize innovation, meaning full automation requires political pressure to make human labor more expensive than machine labor.
  • The Four Futures Framework: The transition away from capitalism will result in either Communism, Rentism, Socialism, or Exterminism, depending on how we manage resources and social status.

You'll love this book if...

  • You enjoy political theory and speculative fiction that imagines how society might evolve after capitalism.
  • You're looking for a clear framework to analyze the social consequences of automation and environmental collapse.

Best for

Readers interested in left-leaning political strategy who want to move beyond dystopian pessimism toward proactive social planning.

Books with the same vibe

  • Bullshit Jobs by David Graeber
  • Fully Automated Luxury Communism by Aaron Bastani
  • Post-Scarcity Anarchism by Murray Bookchin

12 popular highlights from this book

Key Insights & Memorable Quotes

The most popular highlights from Four Futures: Life After Capitalism, saved by readers on Screvi.

… nature doesn’t care about us; it neither has interests nor desires, it simply exists.
the path that leads to utopia is not necessarily itself utopian
In a common lesson about electromagnetic forces, students are given an exercise in which a bar magnet is placed on a table surrounded by scattered iron filings. The invisible field surrounding the magnet will draw the filings into alignment with it, until the swirling starburst shape of the field becomes visible. The capital relation is a kind of social magnet, with capital at one end and labor at the other, that tends to align all other social hierarchies with the master hierarchy based on money. Hence the hierarchy of athletic ability is translated into a hierarchy of payment for performing professionally. And yet the magnetism of capital is not so strong that it can perfectly align all the systems. Fame, for example, may in general be translatable into money (as when Kim Kardashian releases a smartphone game that becomes wildly successful), but the conversion is not an exact or uniform one.
That is the other important point of this book. We can’t go back to the past, and we can’t even hold on to what we have now. Something new is coming—and indeed, in some way, all four futures are already here, “unevenly distributed,” in William Gibson’s phrase. It’s up to us to build the collective power to fight for the futures we want.
Both [social science & science fiction] attempt to understand empirical facts and lived experience as something that is shaped by abstract - and not directly perceptible - structural forces.
Mainstream economists have for generations made the same argument about the supposed danger that automation poses to labor. If some jobs are automated, they argue, labor is freed up for other, new, and perhaps better kinds of work. They point to agriculture, which once occupied most of the workforce but now occupies only about 2 percent of it in a country like the United States.
Whuffie recaptured the true essence of money: in the old days, if you were broke but respected, you wouldn’t starve; contrariwise, if you were rich and hated, no sum could buy you security and peace. By measuring the thing that money really represented—your personal capital with your friends and neighbors—you more accurately gauged your success.
The great danger posed by the automation of production, in the context of a world of hierarchy and scarce resources, is that it makes the great mass of people superfluous from the standpoint of the ruling elite. This is in contrast to capitalism, where the antagonism between capital and labor was characterized by both a clash of interests and a relationship of mutual dependence: the workers depend on capitalists as long as they don’t control the means of production themselves, while the capitalists need workers to run their factories and shops.
Undesirable work is fully automated, as employers feel increasing pressure to automate because labor is no longer too cheap. The reasoning here is that, as I argued in the last chapter, one of the things holding back full automation of the economy isn’t that the technical solutions are lacking, it’s that wages are so low that it’s cheaper to hire humans than to buy machines.
But we can also say that even in a society without clear rulers, history will tend to empathize with the survivors; they are, after all, literally the only ones around to write it.
If we can tackle the inequalities that make our current market societies so brutal, we might have a chance of deploying market mechanisms to organize consumption in an ecologically limited world, allowing all of us to come through capitalism and climate change as equals—“alive in the sunshine,” as the eco-socialist and Jacobin magazine editor Alyssa Battistoni says in a reference to Virginia Woolf.
Things in our world may not play out with such literal deceptions, but we can already see how our political and economic elites manage to justify ever-higher levels of misery and death while remaining convinced that they are great humanitarians.

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