Fully Automated Luxury Communism book cover

Fully Automated Luxury Communism by Aaron Bastani Summary

Fully Automated Luxury Communism
Aaron Bastani
Politics
Economics
Technology
Overview
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Overview of Fully Automated Luxury Communism

Bastani's "Fully Automated Luxury Communism" boldly reimagines post-capitalism through automation and abundance rather than austerity. This "dizzyingly confident" manifesto sparked fierce debates between growth-embracing futurists and environmental degrowthers. What if scarcity itself could become obsolete? The Guardian calls it either "exhilarating" or "utterly baffling."

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Key takeaways

1

The Third Disruption: Beyond Scarcity and Capitalism

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Imagine waking up in a world where robots handle all mundane work, renewable energy is virtually free, gene editing has eliminated disease, and resources are abundant for everyone. According to Aaron Bastani, this future is not only possible but inevitable. We stand at the threshold of "the Third Disruption" - a transformation as profound as the agricultural and industrial revolutions before it, but happening at exponential speed. Our current system is crumbling under multiple crises: stagnant wages, unaffordable housing, climate change, and democratic erosion. The 2008 financial collapse marked the beginning of the end for the neoliberal consensus that has dominated since the 1980s. Yet amid these challenges emerges something revolutionary - a society as distinct from our own as the twentieth century was from feudalism. Human history has experienced two previous disruptions. The first occurred 12,000 years ago when nomadic hunting gave way to settled agriculture. This Neolithic revolution generated unprecedented food surpluses, allowing humans to develop trade, arts, writing, and complex social structures. The second disruption began 250 years ago with the Industrial Revolution. Powered by fossil fuels and steam engines, it freed us from limitations in physical power. James Watt's improved steam engine transformed production and enabled global infrastructure through railways and steamships. Today's Third Disruption builds upon the transistor and integrated circuit - the equivalent to Watt's steam engine. While the Second Disruption freed us from scarcity in motive power, the Third creates abundance in information, labor, energy, and resources. What makes this disruption different is its speed - technological change is accelerating exponentially, with computing power, solar energy, and genetic sequencing doubling at regular intervals.

2

The Economics of Extreme Supply and Automation

3

Limitless Energy: The Solar Revolution

4

Beyond Earth: Mining the Sky and Editing Life

5

Food Without Animals: Cellular Agriculture

6

Luxury Populism: A Politics for the Future

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108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
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"Feels effortless compared to reading. I’ve finished 6 books this month already."

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