Adams, Douglas. The Restaurant at the End of the Universe

Douglas Adams, The Restaurant at the End of the Universe (1980). How easy is it to distinguish socially useful labour from activities which are pointless, parasitic, counterproductive, or downright violent? 

Perhaps not that easy. In Bullshit Jobs: A Theory (2018), David Graeber offers an elegant approach to distinguishing "bullshit jobs." Does the person doing the job believe it has any social value? Graeber acknowledges this  approach isn't perfect -- for instance, sometimes tasks are broken up and distributed in ways which disguise what they are really about. But it's probably good enough. The person doing the job probably is in the best position of anyone to know. Nobody has really worked out a convincing way to measure the social value of work (as opposed to the mere market value), so what else do we have to go on?

The Restaurant at the End of the Universe contains a sort of cautionary tale about bullshit jobs. Long ago, on a distant planet, a plan was devised to get rid of all the pointless jobs ... as well as the people who performed them. Oddly enough, this plan involved a poet, who told a tale of the coming apocalypse. The people with the pointless jobs -- mostly management types, although also some telephone-sanitizers etc. -- were packed off to colonize a backwater planet. "We'll be right behind you," everybody else shouted into space, and of course they weren't. Ha ha ha! There was no apocalypse coming after all! ... or was there?

Perhaps you can guess which planet was colonized? That's right, prehistoric Earth. And yes, we humans are the descendants of the pointless jobs people. This is demonstrated not so much by shared genetics, so much as by shared attitudes and agendas.

Alcott, Louisa May. Transcendental Wild Oats

Louisa May Alcott, 'Transcendental Wild Oats: A Chapter from an Unwritten Romance' (1873).

Alcott's satire about a bungling 1840s Transcendental utopian community, and its extremely poor incentive design. It is inspired by the short-lived Fruitlands commune.

Transcendental wild oats were sown broadcast that year, and the fame thereof has not yet ceased in the land; for, futile as this crop seemed to outsiders, it bore an invisible harvest, worth much to those who planted in earnest. As none of the members of this particular community have ever recounted their experiences before, a few of them may not be amiss, since the interest in these attempts has never died out and Fruitlands was the most ideal of all these castles in Spain.

Atwood, Margaret. The Handmaid's Tale

Here's a short review of Atwood's classic over at The Guardian (by Charlotte Newman), plus Margaret Atwood's entry at the Science Fiction Encyclopedia.

And here's a snippet:

"Sorry, he said. This number's not valid.
  That's ridiculous, I said. it must be, I've got thousands in my account. I just got the statement two days ago. Try it again.
  It's not valid, he repeated obstinately. See that red light? Means it's not valid.
  You must have made a mistake, I said. Try it again.
  He shrugged and gave me a fed-up smile, but he did try the number again. This time I watched his fingers, on each number, and checked the numbers that came up in the window. It was my number all right, but there was the red light again."

And:

She got up and went to the kitchen and poured us a couple of Scotches, and came back and sat down and I tried to tell her what had happened to me. When I'd finished, she said, Tried getting anything on your Compucard today?
  Yes, I said. I told her about that too.
  They've frozen them, she said. Mine too. The collective's too. Any account with an F on it instead of an M. All they needed to do is push a few buttons. We're cut off. 

Atwood, Margaret. MadAddam Trilogy

Margaret Atwood, Oryx and Crake (2003). A novel which doggedly accumulates clever choices, and touches quite a lot on the reduction of humans to economic values. That there is a lot to nitpick over and call out is, in this case, a sign of what an excellent novel it is. Two clever choices pertinent to economics are: (a) the choice of an overdetermined apocalypse -- brought about through individual agency and economic crisis and ecological crisis and technological crisis, and if it hadn't been this particular apocalypse, it probably would have been a different apocalypse; (b) the decision to largely float the whole "reduction of humans to economic values" thing as a mansplainer (who has consumed his share of child pornography, sort-of-ironically of course) explaining to a woman the tragedy of her objectification. She is not convinced:

Of course (said Oryx), having a money value was no substitute for love. Every child should have love, every person should have it. [...] but love was undependable, it came and then it went, so it was good to have a money value, because then at least those who wanted to make a profit from you would make sure you were fed enough and not damaged too much. Also there were many who had neither love nor a money value, and having one of these things was better than having nothing.

(JLW) 

Atwood, Margaret. Payback: Debt and the Shadow Side of Wealth

Margaret Atwood, Payback: Debt and the Shadow Side of Wealth (2008)

Non-fiction. Each of the book's five chapters was delivered as a one-hour lecture in a different Canadian city between October and November 2008. Adapted into a film in 2012:

I found the book entertaining and commendably sprawling but also weirdly elusive. For more on debt see David Graeber and Charles Stross. (Atwood's Debt is one I really must come back to though, perhaps in an actual proper book).

Talking point:

• Why do we have bankruptcy law? In what ways might bankruptcy law ameliorate and/or exacerbate economic injustice? (Also discuss limited liability).

(JLW)

Bacigalupi, Paolo. The Windup Girl

Paolo Bacigalupi, The Windup Girl (2009).

Biopunk SF set in the 23rd century. It is a world in which everyone is very attuned to the calorific significance of everything that is going on around them, although the calorie hasn't quite taken over money's unit of account function.

Here is a snippet:

Chaiyanuchit remembered the beginning of the plagues. Not many could claim that. And when Jaidee was just a young draftee, he was lucky enough to work in the man’s office, bringing dispatches.
          Chaiyanuchit understood what was at stake, and what had to be done. When the borders needed closing, when ministries needed isolating, when Phuket and Chiang Mai needed razing, he did not hesitate. When jungle blooms exploded in the north, he burned and burned and burned, and when he took to the sky in His Majesty the King’s dirigible, Jaidee was blessed to ride with him.
         By then, they were only mopping up. AgriGen and PurCal and the rest were shipping their plague-resistant seeds and demanding exorbitant profits, and patriotic generippers were already working to crack the code of the calorie companies’ products, fighting to keep the Kingdom fed as Burma and the Vietnamese and the Khmers all fell. AgriGen and its ilk were threatening embargo over intellectual property infringement, but the Thai Kingdom was still alive. Against all odds, they were alive. As others were crushed under the calorie companies’ heels, the Kingdom stood strong.

Bacigalupi, Paolo. The Windup Girl (p. 120).

(JLW)

Bajwa, Sim. HR Confidential

Sim Bajwa, 'HR Confidential' (2018)

An epistolary-in-the-broad-sense fiction comprising HR's notes and transcripts on a troublesome employee. In Shoreline of Infinity.

Elsewhere:

• Amazon patent 'haptic feedback' tracker wristbands for warehouse workers
• The Life and Death of an Amazon Warehouse Temp
• 7 Ways Artificial Intelligence is Reinventing Human Resources
• 'Sole and Despotic Dominion' by Cory Doctorow
• 'Science Friction' by Rob Kiely and Sean O'Brien

Banks, Iain M. The Culture series

Iain M. Banks's Culture series. Notable for its post-scarcity civilisation: anyone can have pretty much any good or service they want. Nobody has to work unless they want to. Work has more to do with self-expression, self-fulfillment and relaxation than with toil, coercion, duty and necessity. Banks outlines the Culture's democratically planned economy in "A Few Notes on the Culture" (1994). See also Gene Roddenberry.

Here's one interesting snippet: in Banks's Look to Windward (2000), a highly desirable ticketed music event leads to a "partial" reinvention of "money."

“Well, for tickets to Ziller’s concert [...] People who can’t stand other people are inviting them to dinner, booking deep-space cruises together — good grief — even agreeing to go camping with them. Camping! [...] People have traded sexual favors, they’ve agreed to pregnancies, they’ve altered their appearance to accommodate a partner’s desires, they’ve begun to change gender to please lovers; all just to get tickets [...] And they have indeed [...] come to agreements that go beyond barter to a form of liquidity regarding future considerations that sounds remarkably like money” (p.276).

I wrote about this a little bit in the reflective part of my PhD. I said:

"This episode suggests a technologically privileged and sexually liberal version of commodity theory, with the same progression from inconvenient, illiquid, spot-trade barters to more conveniently liquid transactions. The tenacity of money in the Culture series, flourishing inside its homines economici like gut microbiomes [...] suggests a failure to fully erase money."

(JLW)

Banks, Iain M. The Algebraist

Iain M. Banks, The Algebraist (2005). Not part of Banks's Culture sequence, although it's a space opera which overlaps in various ways with the Culture universe. In terms of economics, it's notable for its reputation currency kudos (used by the Dwellers). Here's a snippet:

Bribing creatures who found the concept of money merely amusing tended to tax even the most enterprising and talented arbitrageur. The Dwellers clove to a system in which power was distributed, well, more or less randomly, it sometimes seemed, and authority and influence depended almost entirely on one's age; little leverage there.  

Alternatively, every now and again a species would attempt to take by force of arms what those involved in Dweller Studies attempted to wrest from the Dwellers by polite but dogged inquiry. Force, it had been discovered - independently, amazingly often - did not really work with Dwellers. They felt no pain, held their own continued survival (and that of others, given the slightest provocation) to be of relatively little consequence and seemed to embody, apparently at the cellular level, the belief that all that really mattered, ever, was a value unique to themselves which they defined as a particular kind of kudos, one of whose guiding principles appeared to be that if any outside influence attempted to mess with them they had to resist it to the last breath in the bodies of all concerned, regardless.

And another:

The problem was that to the Dwellers all professions were in effect hobbies, all posts and positions sinecures. This tailor that Y'sul and the City Administrator were babbling on about would have had no real need to be a tailor, he was just somebody who'd found he possessed an aptitude for the pastime (or, more likely, for the gossiping and fussing generally associated with it). He would take on clients to increase his kudos, the level of which would increase proportionally the more powerful were the people he tailored for, so that somebody in a position of civil power would constitute a favoured client, even if that position of power had come about through a lottery, some arcanely complicated rota system or plain old coercive voting - jobs like that of City Administrator were subject to all those regimes and more, depending on the band or zone concerned, or just which city was involved. The City Administrator, in return, would be able to drop casually into just the right conversations the fact she had such a well-known, high-kudos tailor. Obviously Y'sul had had sufficient kudos of his own to be able to engage the services of this alpha-outfitter too. People further down the pecking order would have employed less well-connected tailors, or just got their clothes from Common, which was Dweller for, in this particular case, off-the-peg, and in general just meant mass-produced, kudos-free, available-as-a-matter-of-right-just-because you're-a-Dweller . . . well, pretty much anything, up to and including spaceships.

Kudos makes for some interesting comparisons with Cory Doctorow's Whuffie, Karen Lord's social credit, and the trust "currency" of Michael Swanwick's millies.

Also see Abigail Nussbaum's review.

(JLW)

Beckbessinger, Sam. Undercurrency

Sam Beckbessinger, 'Undercurrency' (2021).

Part of a whole collection of financial futures. The story relates to a futuristic biofuel kelp farm pilot, located beyond the shallows with the help of drones that drag the kelp up to soak up the sun in the day, down to the sea bed to soak up nutrients in the night. In this new environment, a new subspecies of giant sea snail is thriving. The story explores the economics of environmental management, and in particular conflicts between decarbonisation and preserving biodiversity.

She believes in the market. How its invisible hand can solve the most complex problems, as long as everything has been priced in. Carbon tax treaties. Pollution fines. The costs your business doesn’t have to bear, the benefits they didn’t have to pay for. Her economics professor back in business school called them “externalities”. Her Ouma used to call it “leaving your mess for the fairies to pick up”.

Wole Talabi comments:

A brilliant story focused on climate change, energy transition and sustainable investment, “Undercurrency” follows a South African woman’s attempt to build her company, growing underwater kelp for biofuel on the coast while falling in love and learning about the complexity of doing the right thing in a world of complex and competing drivers. The voice in the story is strong, the description of the romance, while quick, feels natural and the descriptions of the science and the diving are vivid, accurate and wonderful. Full disclosure: I am an engineer in the energy industry and an avid diver, therefore naturally biased or as we say in Nigeria, I am the story’s target market. Consider me sold. Highly Recommended.

The choice of a giant sea snail offers a faint echo of the landmark snail darter conservation case of the 1970s. The Endangered Species Act is an intriguing mix of anthropocentric and ecocentric motivations. Kaitlin Bakken suggests: "If it were not for the human interest in protecting the land, the snail darter fish would not have been considered. [...] Conversely, where human interests are superior, wildlife species are generally unprotected."

The story is able to wrap up quickly and satisfyingly (in a way) with carbon credits as the deus ex machina. Instead of harvesting the kelp as biofuel, the fields are sold to the fossil fuel industry to offset carbon emissions. It works narratively, but it relies on a catastrophically rosy picture of how carbon credit trading has worked in practice.

“Prop up the oil companies?”

“That’s one way to see it.”

That is pretty much the correct way to see it.

Bellamy, Edward. Looking Backward: 2000-1887

Edward Bellamy, Looking Backward: 2000-1887 (1888). Bellamy's utopian novel-- it's the old-fashioned kind you might charitably call "heavy on worldbuilding" -- deals extensively with economics. Bellamy advocates an egalitarian command economy, with everyone taking an equal share of non-transferable credit. The individual spends their credit to claim their share of the national product. The rations are so generous, however, that individuals often find they have credits left over at the end of the year; these are then spent on public goods (such as making everywhere look beautiful).

Although everybody's "wages" are fixed at the same level by a ferocious egalitarian principle, there is something which sounds rather a lot like market mechanisms -- or at least, like a command economy simulating market mechanisms -- mediatized not by money, but by leisure time. You could look at it like this: workers are (in a way) paid different hourly rates, but hours that they work are carefully regulated to ensure that all total incomes are equal:

"The supply of volunteers is always expected to fully equal the demand," replied Dr. Leete. "It is the business of the administration to see that this is the case. The rate of volunteering for each trade is closely watched. If there be a noticeably greater excess of volunteers over men needed in any trade, it is inferred that the trade offers greater attractions than others. On the other hand, if the number of volunteers for a trade tends to drop below the demand, it is inferred that it is thought more arduous. It is the business of the administration to seek constantly to equalize the attractions of the trades, so far as the conditions of labor in them are concerned, so that all trades shall be equally attractive to persons having natural tastes for them. This is done by making the hours of labor in different trades to differ according to their arduousness. The lighter trades, prosecuted under the most agreeable circumstances, have in this way the longest hours, while an arduous trade, such as mining, has very short hours. There is no theory, no a priori rule, by which the respective attractiveness of industries is determined. The administration, in taking burdens off one class of workers and adding them to other classes, simply follows the fluctuations of opinion among the workers themselves as indicated by the rate of volunteering [...]"

Beukes, Lauren. Moxyland

Lauren Beukes, Moxyland (2008). Review originally appeared on Aargh and doesn't just focus on the economic aspects.

If you are going to write an archetypically bursting-at-the-seams first novel, then cyberpunk is an excellent genre in which (and bursting slightly out of which) to write it.

We get four narrators: Kendra, a Z-list schleb photographer, interested in the aesthetics of both obsolete and prototype technologies; Toby, a vile trustafarian with a magic vlogcaster suit; Tendeka, a slightly naïve community organizer and political activist; and Lerato, an AIDS orphan done good as a hacker with a snazzy corporate day-job. They roll around, exemplifying themselves and their world, occasionally explicitly brushing against each other, occasionally suggesting some more obscure, behind-the-scenes connections, until a horrific police crack-down on a rather intricate scene of civil disorder draws their four narratives together for the final act.

One of them melts.

Bogdanov, Alexander. Red Star

Alexander Bogdanov, Red Star (1908).

As well as co-founding the Bolsheviks with Lenin, Bogdanov wrote this Martian utopia (and its prequel, Engineer Menni). It was published in 1908, shortly before Bogdanov's expulsion; translated into German in 1923, Esperanto in 1929, and English 1982.

This snippet of Red Star explains the division and allocation of productive labour. It anticipates themes of Bogdanov's Tektology: Universal Organization Science (1912-1917) and later the social and organizational cybernetics and systems theory of people like Stafford Beer, Margaret Mead, Niklas Luhmann.

Borenstein, Greg. @SpeculativeCash

Automatic text generation has been around since c.forever, and so has recombinant artwork. But both these things have turned a corner with the rise of Twitter bots. The critical language and tools for understanding Twitter bots, who are both poets and poems, both cultural producers and cultural products, is still pretty incipient. Nevertheless, if anything deserves entry to a database of economic speculative fiction, it's Greg Borenstein's @speculativecash bot. Borenstein's bot does one thing, constantly: invents new forms of money.

Disempowerment Wage
A digital currency based on the act of disempowering

— Speculative Currency (@speculativecash) October 2, 2016

Brunner, John. Total Eclipse

John Brunner, Total Eclipse (1974). Mess with eugenics and capitalism-like structures merged into one institution, y'all might wind up dead.

Here's the relevant bit (big spoiler alert):

“But that’s absurd,” Lucas said after a pause. “Going bankrupt— well, it could bring down a civilisation, but it couldn’t wipe out an entire species.”
“It could!” Ian insisted. “Look, it occurred to us to wonder whether the Draconians traded among themselves, and we decided yes, they must have, but it never occurred to any of us to ask what kind of currency they employed.”
Cathy jumped to her feet. “The printed crystals!” she burst out. “Those can’t have been money!”
Karen shouted. “You’d find money all over everywhere, not concentrated in great big storehouses—”

[like, an hour later] 

“Am I being obtuse?” Karen said. “Or have you not yet explained how going bankrupt killed them off?”
“I was just coming to the details of that. I think I already said— excuse me, but my head is buzzing insanely with all the implications— I think I said I started asking what an individual could accumulate by way of reward, or payment.”
There was a brief hush. Nadine ventured, “Promises that when he became she, there would be outstanding genetic lines reserved to— uh— to her?”
“That’s it. That’s what killed them.” Igor leapt to his feet and started pacing back and forth, thumping fist into palm. “I’ve almost got it,” he said. “You mean that without realising what they were doing, they restricted their genetic pool until it became dangerous, and then it was too late. Like fortunes being concentrated in the hands of a few ultra-powerful families? A sort of genetic capitalism?”

(JLW)

Butler, Octavia. The Parable of the Sower.

Octavia Butler, The Parable of the Sower (1993)

Entry at the ISFDB.

A snippet from my chapter in the Cambridge Companion to Economics and Literature:

Nonetheless, speculative fiction often generates knowledge or exercises agency in much more intricate and indirect ways as well, operating through satire, allegory, metaphor, and estrangement. Octavia Butler’s duology The Parable of the Sower (1993) and The Parable of the Talents (1998) make an excellent case study. Butler’s narrative opens in California in 2024, in the midst of interconnected ecological and economic crises. Despite their relative affluence, Lauren Oya Olamina’s family live precarious and hardscrabble lives in a gated community. Lauren knows the slow and unevenly distributed apocalypse will find her eventually, and when it does, she is as prepared as she can reasonably be. In the context of loss and trauma, Lauren sets out on a perilous journey and lifelong project of world-making, intent on founding of a kind of secular religion, Earthseed, that is more rational and robust than the political and economic systems whose disintegration she is enduring. God, according to Earthseed, is Change: indifferent to you, but potentially something you can shape. In such a context, Butler’s representation of cash may feel rather curious. Yes, there are hints in Parable of the Sower of hyperinflation. But for the most part, cash is sought after with a special fervor. This reliability of money in this free-for-all world of cannibals and pyromaniac drug addicts could be interpreted as just another small but significant failure of the science-fictional imagination: another example of money’s curious tenacity through the downfall of capitalism and beyond. 

Then again, Butler’s representation of money is inseparable from her exploration of slavery. For Butler, the cycle of acquiring and using money may imply autonomy, but she is crystal-clear that it doesn’t always imply this. The company town is a repeated motif: “[Emery Mora] had been a debt slave. [...] The debts were accumulated because she worked for an agribusiness corporation that underpaid its workers in company scrip instead of money, then overcharged them for food and shelter, so that they could stay in ever-increasing debt.” With this in mind, perhaps the duology does not ‘transcendentalize’ money as an unchanging and compulsory feature of any possible future economy. Nor does it advocate for any particular future form or forms for money. Rather, it articulates a sense of money’s immanence in history as a particular distribution of tools and traps. 

For Lauren, any given bundle of cash is just another locus of ‘Change,’ one with its own distinct features, and one that is often versatile, unpredictable, and—on the long time-scale Lauren thinks on—ephemeral. When Lauren hides and then retrieves caches of money, her acts suggest Matthew 25:14–30, ‘The Parable of the Talents,’ about a rich man and the stewards of his estate. In this parable, two stewards please their master by trading actively and growing his wealth, while the third angers him by merely burying then retrieving the money. The lessons of doing what you can with what you are given, and of thinking long-term—the Kingdom of Heaven may take a while!—are clearly relevant. But Butler also complicates, and even resists such lessons. Significantly, debt slavery was a pervasive condition in the Ancient Near East, and the word often translated as ‘servants’ in ‘The Parable of the Talents’ is probably better translated as ‘slaves.’ Butler pairs the figure of God as one who “reaps where he has not sown” with the figure in Matthew 13:1–23, ‘The Parable of the Sower,’ who sows (at least some seeds) where he cannot reap. So should this composite Sower be understood in a broadly anti-theodician manner, as a representation of the unfathomable nature of God’s goodness? Possibly, although Butler tends to deploy religious discourse in service of a more secular idea of justice. Both Lauren and the disfavored slave confront God as something entirely without mercy. Whereas the two slaves who have traded actively are rewarded by being ‘set over’ a large part of his estate, the slave who perhaps quite reasonably refuses to risk increasing his debt to such a master is rebuked and ‘cast into the outer darkness’—an image which takes on a more ambiguous resonance in a narrative which is, ultimately, about yearning to travel to space. 

Cavendish, Margaret. The Blazing World.

Margaret Cavendish. The Description of a New World, called The Blazing-World (1668).

None was allowed to use or wear Gold but those of the Imperial Race, which were the onely Nobles of the State; nor durst any one wear Jewels but the Emperor, the Empress and their Eldest Son; notwithstanding that they had an infinite quantity both of Gold and precious Stones in that World; for they had larger extents of Gold, then our Arabian Sands; their precious Stones were Rocks, and their Diamonds of several Colours; they used no Coyn, but all their Traffick was by exchange of several Commodities.

Full text.

Chambers, Becky. A Prayer for the Crown-Shy

Becky Chambers, A Prayer for the Crown-Shy (2022).

Here's an extract:

They ran a hand through their hair. They’d never had to explain pebs before. 

“Okay. Anytime you receive anything that involves some sort of craft or work or labor or whatever from someone else, you give them pebs in exchange. So, let’s say you start out with zero pebs.” 

“Which is true, for me.”

“Yes. Let’s also say you go to a farmer and get an apple, and let’s say that’s worth one peb to you.”

“What would I do with an apple?” 

“Just pretend you can eat apples.” 

“All right.” 

“Okay. You take the apple, and you give the farmer one peb.” 

“How?” Mosscap asked. 

“I’ll explain later,” Dex said. “Stick with the farmer for now.” 

“If you say so.” Mosscap’s eyes shifted in thought. “I currently have one hypothetical apple and negative-one hypothetical pebs.” 

“Right. The farmer’s work has benefited you, so now you need to provide something to benefit someone else.” 

“To the farmer, you mean.” 

“No.” Dex tried to explain. “It can be to the farmer, if you provide something the farmer wants. But exchanging pebs isn’t about bartering. It’s about benefit. You are a part of the community, and the farmer doing something for you means that they are, effectively, doing something for the group. So, you’ve got your negative-one-peb balance now. You’ve got to fill that up. Let’s say you’re … I don’t know. A musician. You go play some music in a town square, and five people come to listen. They now give you some pebs. If they each give you two pebs, now you’ve got nine pebs, which you can exchange for other things. Make sense?” 

“I believe so,” Mosscap said. “You’re saying that instead of a system of currency that tracks individual trade, you have one that facilitates exchange through the community. Because … all exchange benefits the community as a whole?” 

“Exactly.” 

“Do people give you pebs for tea?” 

“Yes.” 

“And then you give them pebs for…” 

“Food, or supplies, or whatever.” Mosscap’s head whirred softly. “The farmer feeds the musician, who brings music to the village.” It paused, the whirring growing louder. “The technician who took a break to enjoy the music now has the energy to go fix the communications tower. The communications tower enables the meteorologist to deliver the weather report, which helps the farmer grow more apples. I see.” The robot nodded. “And I’m not penalized for the debt I incurred at the start?” 

“Absolutely not,” Dex said firmly. “We don’t … we don’t do that. Or we don’t do that anymore, I guess.” Gods around, history class was a long time ago. “Nobody should be barred from necessities or comforts just because they don’t have the right number next to their name.” As they said this, they thought of their unease back at the hot spring—the feeling that had arisen at the thought they hadn’t earned this. The mismatch between these sentiments itched at them. They nudged it aside to deal with later. 

Mosscap nodded again at their explanation. “But if there’s no penalty for debt, what’s to stop you from taking without giving back?”

“It’s a bad feeling,” Dex said. “Everybody has a negative balance from time to time, for lots of reasons. That’s fine. That’s part of the ebb and flow. But if someone had a huge negative … well, that says they need help. Maybe they’re sick. Or stuck. Maybe they’ve got something going on at home. Or maybe it’s just one of those times when they need other people to carry them for a while. That’s okay. Everybody ends up there sometimes. If I saw a friend’s balance and it was way in the red, I’d make a point of checking in.” 

“You can see other people’s balances?” 

“Yeah, of course. It’s all public.” 

“Does that not get competitive?” 

Dex squinted. “Why would it?” 

Mosscap stared at Dex in silence for a moment, seemingly surprised at this but not elaborating as to why. It shrugged, then pointed at the paper in Dex’s hands. “So, these…” 

“Are the pebs people gave you for helping them out.” Dex handed the paper back. “You got twelve pebs for the door, eight pebs for the bike, and so on. Normally, we do this on a pocket computer—”

Chambers, Becky. The Long Way to a Small Angry Planet

Becky Chambers, The Long Way to a Small Angry Planet (2014). A gentle, fluent, very cozy space opera with an ensemble cast of chirpy quasi-millennial misfits, with shades of Firefly, Star Trek, Mass Effect, Redshirts, Karen Lord, Ursula le Guin, and Naomi Mitchison.

Here's a snippet about shopping:

“I’ll take it.” Kizzy handed the Harmagian the soap. He took hold of it with two of his smaller tentacles, each covered in a sheath-like glove to protect his delicate skin. He zipped behind the counter and busied himself with foil and ribbon.
   “There you go, dear guest,” said the Harmagian, handing her the attractively wrapped bundle. “Just chip off a little piece of it at a time, it’ll last longer that way.”
Kizzy stuck her nose to the wrapper again. “Mmph, that smells good. Check it out, Rosemary.”
    Rosemary couldn’t help but inhale as Kizzy shoved the block of soap into her face. The scent was thickly sweet and sugary, like a cake. She imagined using it would be like bathing in a meringue.
    “That’s eight hundred sixty credits, if you please, thank you,” the Harmagian said. Kizzy stuck out her hand to Rosemary.
    “Can I have the chip?”
    Rosemary blinked, not sure if she had understood. “You want the company chip?”
    “Yeah, it’s soap,” Kizzy said. “Soap is cool, right?”
    Rosemary cleared her throat and looked down at her scrib. No, soap wasn’t cool, not fancy soap, but how could she tell Kizzy that? She had come onto Kizzy’s ship, been welcomed by Kizzy with open arms, let Kizzy buy her too many drinks, had vastly less experience than Kizzy in things like tunneling and shopping in neutral ports. But even so —
    “I’m sorry, Kizzy, but, um, we can only use the chip for common-use soap. If you want special soap, you have to get it yourself.” She felt the words come out of her mouth, and she hated them. She sounded like a killjoy.
    “But —” Kizzy started. Without a word, Sissix grabbed Kizzy’s wrist and pressed it to the merchant’s scanner. There was a corresponding chirp, indicating her account had been accepted.
    “Hey!” Kizzy said.
    “You can afford it,” Sissix said.

And here's one about getting space-mugged by pirates:

Captain Big tapped xyr chin within xyr mech suit. “If we take ten barrels, will you have enough to reach your next destination?”
    Rosemary asked Corbin the question. He nodded sullenly. “Yes, ten barrels will not be a problem,” she said.
    The conversation had gone from frightening to bizarre. The inflections that Captain Big was using didn’t have a parallel in Klip, but in Hanto, they were downright polite. She would expect to hear this kind of talk in a shop or a restaurant, not while standing at gunpoint. It was as if the Akaraks thought of her as a merchant, with the threat of violence serving as currency.
    “We will require technical supplies as well,” Captain Big said. “Our engines are in need of repair.”

(JLW)

Chamisso, Adelbert von. Peter Schlemihl

Peter Schlemihl by Adelbert von Chamisso (1814). Peter Schlemihl exchanges his shadow for the purse of Fortunatus, which produces everlasting riches. But he finds himself shunned by society and unable to marry the woman he loves. The Devil offers to return him his shadow in exchange for his soul but Schlemihl chooses to go shadowless.

Some snippets (trans. Leopold von Lowenstein-Wertheim):

"I only crave for your permission to lift up your noble shadow right here and to put it into my pocket; how I do it is my own affair. In return, and as a token of my profound gratitude to the gentleman, I will leave him to make his choice among all the treasures which I carry in my pocket. The genuine mandrake root, magic pennies, robber's ducat, the magic napkin of Roland's Knights, the gallows mandrake; but all this may not be of sufficient interest to you. I have something much better: Fortunatus' wishing cap restored as new and also a lucky purse exactly like the one he possessed."

And:

As soon as I found myself alone in the cab, I burst into tears. It was already beginning to dawn on me that even as gold on this earth is more highly esteemed than merit and virtue, so the shadow might be more highly esteemed than gold; and that as I had previously held my conscience higher than wealth, I had now given up my shadow for the sake of gold [...]

And:

I dismissed the driver with gold, selected the best front room and shut myself up in it immediately.
     And what do you think I did? Oh, my dear Chamisso, it makes me blush to confess it even to you. I pulled out the cursed purse from underneath my coat and in a kind of frenzy, which burned me up like a conflagration, I extracted gold from it; more and more gold, which I scattered over the floor. I trampled on it, making it tinkle and feasting my senses on its glitter and sound; I piled gold upon gold till I sank exhausted onto my luxurious bed, wallowing in a yellow flood. Thus the day went by and the evening. I did not open my door, and when night finally came, I fell asleep embedded in gold.

And:

"It seems to me rather a weighty matter to give my soul in exchange for my shadow."
"Weighty!" he repeated after me and burst out laughing. "And what, may I ask, do you imagine your soul is? Have you ever seen it? And what do you intend doing with it once you are dead? Thank you stars that you have found a collector sufficiently interested to wish to buy, even during your lifetime, the reversion of this quantity X, this galvanic force, this polarized potential, or whatever we may like to call this illusive something.; and to be willing to pay for it with something really tangible -- your very own shadow, which will give you the hand of your sweetheart and the fulfilment of everything you want. Or would you rather hand over the innocent young girl to that despicable schemer, Mr Rascal? [...]"

And:

"[...] But enough of this -- you possess me while you possess my gold. [...]"

And:

Remember, my friend, while you live in the world to treasure first your shadow and then your money.

(JLW) 

Chapman, Stepan. How Alex Became a Machine

Stepan Chapman, "How Alex Became a Machine" (1996?).

Here's a brief mention by Tobias Carroll.

Cisco, Michael. Animal Money.

Michael Cisco, Animal Money (2016).

Animal Money at the ISFDB.
Reviewed by Tobias Carroll.

De Abaitua, Matthew. If Then

Matthew De Abaitua, If Then (2015).

An algorithm called The Process makes all economic decisions (although this also means that there is no well-defined "economic" realm). It does so supposedly in pursuit of "fairness." Here is a short snippet from early in the book.

He walked the orderly line of repairmen with individual placards detailing skills offered and services required. This was residual behaviour, rendered unnecessary by the Process. Their skills and availability would be sorted algorithmically and bartered accordingly with other townspeople and their labour; that was how the Process generated the core work schedule for the town, and gave meaning to labour that had become meaningless. But the market had a role to play that was more than trade. It was a social occasion, a chance to get out, to see and be seen. The metrics of happiness required old rituals, old ways of doing things, and so time was set aside within the work schedule for the townspeople to make their own trades.

Delany, Samuel R. Trouble on Triton.

Delany, Samuel R. Trouble on Triton: An Ambiguous Heterotopia (1976). 

Many utopias, particularly the 'classic' utopias that flourished in the late nineteenth century, use the device of a visitor to expedite exposition. The fish-out-of-water character can mention things that to the inhabitants of utopia are too obvious ever to mention. Then the visitor can listen, bewildered and amazed, to lengthy explanations. Bron in Delany's Trouble on Triton is a bit of an outsider: from Mars, and not entirely comfortable in Triton society. 

Trouble on Triton is somewhat unusual in imagining a relatively strong and pervasive state along with greater social, economic, and political freedoms, both formal and substantive. Triton is an unusual democracy: everyone is governed by the candidate they vote for. Living arrangements are various and often communal. Society appears fairly heavily surveilled, although it may be that the majority of the data is never used. Delany also imagines an intellectual discipline, ‘metalogic,’ which expands the realm of the calculable; a metalogician is likely to work in something called a ‘computer hegemony.’ 

There are some indications that money may have been abolished (outside of a pretentious restaurant or two, where it is used as an archaic affectation), but whether this is really the case depends on how you interpret the credit system, and its relationship with the welfare state:

Second, because credit on basic food, basic shelter, and limited transport is automatic—if you don’t have labor credit, your tokens automatically and immediately put it on the state bill—we don’t support the huge, social service organizations of investigators, interviewers, office organizers, and administrators that are the main expense of your various welfare services here. [...] Our very efficient system costs one-tenth per person to support as your cheapest, national, inefficient and totally inadequate system here. Our only costs for housing and feeding a person on welfare is the cost of the food and rent itself, which is kept track of against the state’s credit by the same computer system that keeps track of everyone else’s purchases against his or her own labor credit. In the Satellites, it actually costs minimally less to feed and house a person on welfare than it does to feed and house someone living at the same credit standard who’s working, because the bookkeeping is minimally less complicated. Here, with all the hidden charges, it costs from three to ten times more. Also, we have a far higher rotation of people on welfare than Luna has, or either of the sovereign worlds. Our welfare isn’t a social class who are born on it, live on it, and die on it, reproducing half the next welfare generation along the way. Practically everyone spends some time on it. And hardly anyone more than a few years. Our people on welfare live in the same co-ops as everyone else, not separate, economic ghettos. Practically nobody’s going to have children while they’re on it. The whole thing has such a different social value, weaves into the fabric of our society in such a different way, is essentially such a different process, you can’t really call it the same thing as you have here.

The gist of it seems to be: basic universal services (food, shelter, transport) on a UBI-like system, plus the opportunity to earn more credits by working for non-essential purchases. But the details are ambiguous and intriguing. It sounds like if you were to buy some groceries, with labour credit in your account, that's what would be depleted; if you haven't got enough, then instead the state pays for the groceries. There would be a curious incentive structure: don't buy essentials when your labour credit balance is low. Then there are these "tokens" denominated in franqs:

He was putting his card back into his purse when something clinked: his two-franq token had fallen into the return cup, reiterating what the booth itself had been placed there to proclaim: The government cared.

He forefingered up the token (with the machine broken, he would not know if the two franqs had or had not been charged against his labor credit till he got to his co-op computer) and fisted aside the curtain.

And:

Mumblers with flickering lips and tight-closed lids swung grubby plastic begging-bowls—too fast, really, to drop anything in. As they passed, he noted a set of ancient keys in one, in another a Protyyn bar (wrapper torn), and a five-franq token. (“Use this till I report it stolen, or the bill gets too big,” had been someone’s mocking exhortation.)

And:

“That’s right.” And the redhead began to talk animatedly about something else, till they reached the transport. “Oh, and may I ask you a mildly embarrassing favor: Could you pay my fare with one of your to— kens. It’s only half a franq on your credit; I know it seems silly but—” 

“Oh, sure,” Bron said, opening his purse and fingering around for his half-franq token. He pushed the coin-shape into one of the change slots beside the entrance. (There was still some leftover money; but Sam seemed to have forgotten about it.) The green light flashed, and the token rolled out again into Bron’s palm. 

“Thank you,” the redhead said, and walked through the gate. Bron put the token in again; the light flashed again; again the token was returned (and somewhere two fares were billed against his labor credits on some highly surveyed government tape); returning the token to his purse, he followed the redhead onto the transport platform, constructing schemes of paranoid complexity about why the redhead might not want his presence in the city known. After all, basic transportation was a nonrefusable (what the dumb earthies would call “welfare”) credit service. 

Are tokens always 'returned,' so that they're really something like lots of little contactless debit cards? If something costs ten franqs, can you use the same one-franq token over and over again to buy it? One of the main features of cash is its relative anyonymity, so cash linked to government databases is a curious hybrid. Yet this wouldn't necessarily be silly: we could speculate around the advantages of preserving some of the materiality of cash. For example, losing a two-franq token would have different implications to losing a fifty-franq token (or a debit card). 

Or does the returning have something to do with the nonrefusability of basic services? Do tokens sometimes circulate (I think not, but I'm not 100% sure).

Dick, Philip K. Ubik

Philip K. Dick, Ubik (1969)

A snippet:

The door refused to open. It said, "Five cents, please." 

He searched his pockets. No more coins; nothing. 

"I'll pay you tomorrow," he told the door. Again it remained locked tight. "What I pay you," he informed it, "is in the nature of a gratuity; I don't have to pay you." 

"I think otherwise," the door said. "Look in the purchase contract you signed when you bought this conapt." 

...he found the contract. Sure enough; payment to his door for opening and shutting constituted a mandatory fee. Not a tip. 

"You discover I'm right," the door said. It sounded smug.

Doctorow, Cory. Chicken Little

Cory Doctorow, 'Chicken Little' (2010). A novella originally appearing in Gateways, ed. Elizabeth Anne Hull, an anthology inspired by Frederik Pohl, and now pretty widely available.

Leon works for Ate, a corporation whose opulent fortunes are entirely based on one previous sale, and are now looking to make their second. Nobody at Ate knows what they sold last time. It's a well-kept secret. Better than well-kept: deliberately lost, forever. They do have a general idea of the type of customer they sold it to:

The normal megarich got offered experiences [...] The people in the vat had done plenty of those things before they’d ended up in the vats. Now they were metastatic, these hyperrich, lumps of curdling meat in the pickling solution of a hundred vast machines that laboriously kept them alive amid their cancer blooms and myriad failures. Somewhere in that tangle of hoses and wires was something that was technically a person, and also technically a corporation, and, in many cases, technically a sovereign state. (p.535)

Doctorow, Cory. Down and Out in the Magic Kingdom

Cory Doctorow, Down and Out in the Magic Kingdom (2003).

If you're doing an economics and science fiction reading list, this should be pretty near the top.

I talked a bit about this book and its quasi-magical reputation currency, Whuffie, in my review of Doctorow's Pirate Cinema.

The TL;DR version is: maybe it's interesting to compare Whuffie and DRM (or at least, the things DRM would imagine itself doing in the best of all possible worlds). Why quasi-magical? Nowadays it's difficult not to see Whuffie through the lens of algorithmic governmentality, Uber, platform capitalism, Peeple, etc. But it may also be worth drilling down to the conceit that underlies Whuffie: a  system that can evaluate feelings and work out exactly what they're about and the ways in which they're good or bad (hence 'reality'-based currency).

Also see this interview at the Adjacent Possible, toward the end. Also see under Paul Graham Raven below. For other exotic currencies that are perhaps made out of trust or reputation, see entries for Iain M. Banks, Karen Lord, and Michael Swanwick.

(JLW)

Doctorow, Cory. Makers

Cory Doctorow, Makers (2009).

Alberto Cottica writes in a blog post on the economics of Makers:

Perry and Lester’s ability to combine technological building blocks is greatly enhanced by the fact that anything important to them can be performed by open source technologies. This enables them to develop working prototypes from off-the-shelf equipment and software and put them into a manufacturing pipeline without worrying about licensing issues. This has two consequences: first, in the world of Makers ecosystems develop preferably around open source technology, because people like Perry and Lester have every incentive to route around proprietary technology; second, that the speed of the creative destruction cycle is greatly increased.

I think this may be the most important intuition Makers has to offer. Just think: we increasingly buy in ecosystem (Mac-iPhone-iPad-MobileMe, or Google-Android-Google Apps, or Linux-Apache-IBM’s proprietary web solutions); ecosystems grow faster if they can build on open source building blocks, so that the open source ones tend to outcompete the proprietary ones in the long run; but innovations in open source ecosystems are almost impossible to protect, and that lowers their average margin as the highly profitable grace period gets shorter. The solution, as Tjan suggests (see above) and most policy makers worldwides agree, is to increase the pace of innovation. This, however, raises the question of just how fast consumers can wrap their head around innovation: every heavy web user is familiar with the sensation that companies are putting out new services faster than we can absorb them, and sometimes we just have no time for them, no matter how cool they are. Google Wave, anyone? So, it could be that the destruction side of creative destruction prevails, landing the economy of Makers into a state of low margins and low growth, as more inventions fail to turn into more successful products on the market.

Anil Menon writes in a review of Makers for Strange Horizons:

[...] His fragments on how litigation venture funding works, on how the iced-coffee cans Sammy likes to chug contain embedded CO2 canisters, on the structure of "New Work," on what the ride is about, on how roomware will change how people live together, on whether great groups are hard to put together because flaws are multiplicative while virtues are additive, etc. etc. constitute the book's brilliant mind. These fragments are not infodumps because their purpose is not to reveal essential, tedious information. They are futuristic riffs in the best tradition of speculative thinking. I think the fragments are the real reason why Doctorow wrote the book. His ability to think up these fragments is the reason people love his blog articles, the reason why Boing Boing is such a major watering hole and the reason why this book will be read, despite its literary shortcomings.  

It is unfair to criticize a book for what it does not try to be. In this case however, I will, because it points to the possibility of a new kind of writing. I think Makers would have worked better as speculative non-fiction. Ideally, speculation in a SF novel should be a means to an end, but when it becomes the end itself, then it is time to jettison the novel format. We've begun to see some early signs of such ejections. Emerging disciplines like "speculative economics" and "speculative biology" encourage speculative ideas to be worked out carefully, even elegantly, without having to invoke the clumsy paraphernalia of fiction. Is Schrödinger's "What Is Life" any less literary because it doesn't have family drama and existential angst? If an economist wants to discuss how interstellar trade would work, does she really need a space opera? If a finance theorist wishes to explore whether the theory of interest rates rules out time travel does he need to bring in a Romantic Love Interest to spoon feed us the speculation? No. Modern readers have no need of such semantic sugar. Aldous Huxley called for a fictional form that would be "a perfect fusion of the novel and the essay, a novel in which one can put all one's ideas, a novel like a hold-all." Perhaps it's possible. Speculation is independent of fiction though, and this work illustrates both positively and negatively why it's an independence worth encouraging. Sometimes the best representation of a pipe is the pipe itself.

Doctorow, Cory. Walkaway.

Cory Doctorow, Walkaway (2017).

Doctorow's Walkaway is a book centrally concerned with political economy. It deserves places on pretty much any reading list of economic SF, and many a list of utopian/dystopian SF, alongside classics such as Le Guin's The Dispossessed. Juliet E. McKenna offers an excellent summary in Interzone #270:

In this near-future, the rich have got much, much richer while those further down the social order desperately cling to exploitative jobs, fearful of becoming a surplus labour unit. Elites ensure this default state of affairs for the blinkered majority by controlling the only meaningful careers left: financial engineering, and politics.  

[...] 

When computer access is ubiquitous, survival knowledge is free for the taking. Ultimately, people can simply walk away from a society they’re no longer invested in. So Hubert, Seth and Natalie head north into the Canadian wilderness where Limpopo and like-minded folk have set up a community where everyone can have what they want or need without even having to contribute from their own means. Limpopo isn’t the leader because there’s no such role. There is no obligation to even work for the common good unless one chooses to. 

[...] 

Some are always determined to keep score. Some demand a pecking order. What happens when they turn up and try to remake this community to suit themselves? Walking away from conventional society means walking away from its protections, in a world where anyone can arm themselves with an AK-3DP gun. Conflict is the essence of drama, right? Not so much, as it turns out, when Limpopo and the others simply walk away again. 

[...] 

Walkaway philosophy says the only way to win is not to play. But what if the other side insists? Well, then it’s time to change the rules of the game, more than once if you need to, and always trying to stay one move ahead.

Ekpeki, Oghenechovwe Donald. O2 Arena

Oghenechovwe Donald Ekpeki, 'O2 Arena' (2021).

Online here. Features what could be a kind of oxygen-based currency, the O2 credit. Payments are denominated in Os. Naming the currency in this way emphasises that drawing breath has become commodified, although roughly the same story could be told using naira or some other unit. We could speculate that perhaps the O currency is redeemable by the central bank for a certain quantity of oxygen.

Falk, Lee. Time Is Money

Lee Falk, 'Time Is Money' (1975). Fairly short and to the point, and online. A potential inspiration (idk) for Stephen Tolkin's The Price of Life (1987), which could very well have been an inspiration for Andrew Niccol's In Time (2011).

Compare Kurt Vonnegut’s ‘2 B R 0 2 B’ (1962): not a currency exactly, but an exchange relation. Also compare the Days currency in Terry Pratchett's Strata (1975), and the Oubliette's currency in Hannu Rajaniemi's The Quantum Thief (2011). Also compare real-life LETS currencies and the Economy of Hours, which can in principle use demurrage (naturally dwindling value) to encourage circulation. None of them have yet adopted the idea of killing you if you run out.

(JLW)

Gladstone, Max. The Craft Sequence

Series notable in particular for its soulstuff economy. Some excerpts from a Reddit AMA on Tor.com.

Excerpt from the excerpts:

Mundanername: Most of the wealth we see in the novels comes from complex investment schemes. If creative action grows the soul does that mean some occupations in the world do not just pay the workers a salary but the very act of performing the job generates wealth for the workers? 

MG: Depends—most employment contracts are structured so that added value goes to the Concern. It’d be a very special (and possibly doomed) Concern that didn’t work this way.  

Mundanername: Do people actually spend themselves to death in this world? 

MG: Yep. Though “death” is a bit of a misnomer—most of the time what happens is people spend themselves into zombiehood, and end up shambling about at the mercy of their creditors (depending on the structure of the debt). If they accumulate enough soulstuff by the terms of their contract they can come back to life, but apperception’s broken, and the psychological damage lasts a long time. Crafty folk are “better” at expending their soul—they can straight up spend themselves to dust if they’re not careful.

See also a post by Max Gladstone about writing Last First Snow.

Goder, Beth. 'How to Identify an Alien Shark'

Beth Goder, 'How to Identify an Alien Shark' (2018)

A short, shark shock. Read it at Fireside Fiction. In the background there appears to be a satire of the use of structural adjustment programmes, and neoliberal economics in general, as an instrument of imperialism and colonialism.

Gordon, Seth. Soft Currency

'Soft Currency,' by Seth Gordon (Escape Pod, 2014).

Seth Gordon's 'Soft Currency' is an alternate history, set in the 1970s, which imagines a government mandated, dual currency system: dollars for men, coupons for women.

It is not quite The Handmaid's Tale, but it is a lowkey dystopia, with an economic system that enforces rigid gender roles, erases non-binary identities, and entrenches men's power over women.

In the real world, money is a lot more various than it is often, uh, given credit for, and there are plenty of money systems that have gendered spheres of exchange. But this system is unlike any of those that I know of. Conversions from one sphere to another appear to actually be quite common (the story hinges on such conversions), but but only in one direction: from dollars to coupons. This can't be privately negotiated either, it has to be done at the bank. The moneys also don't just feminize / masculinize you, they actually won't work unless you present as the corresponding gender:

Margaret said, “So if a man came into this store with a wad of coupons and tried to buy groceries with them…”

“That would be illegal. Men can’t buy or sell things with coupons, and except for changing them at a bank, women can’t buy or sell things with dollars. Besides…” Cassie amused herself by imagining all the conversations that would grind to a halt if a man crossed the threshold of Glick’s Grocery.

Mrs. Glick runs a grocery store, and a little black market currency exchange on the side, exchanging the dollars women bring her for coupons. What's in it for the customers? Firstly, Glick pays a better rate than the bank. Secondly, implicitly, this gives them a way to wrest back just a little autonomy from their husbands and fathers, since it gives them the opportunity to save a little out of their grocery budget (or to exchange stolen or illicit dollars that they might not want to show at the bank).

What's in it for Glick? The story does its worldbuilding admirably, and anticipates many questions that might arise, but even so this part is a bit hazy. It seems that perhaps there are some exceptions to do with property and/or being a widow, which means that Glick has legitimate uses for the dollars, probably paying her utility bills. Clearly she can't just be converting them into coupons, or she'd be losing value with each transaction. 

Another possibility — though I didn't detect any hint of this in the story — is that Glick might be able to flip those dollars for more coupons than she paid for them. If there is black market female demand for dollars, it would likely be a seller's market, since "any woman can change dollars for coupons, but you practically need permission from the President to change them in the other direction". 

Given the theme and premise, there was a risk that this story would celebrate the kind of neoliberalism which, in our timeline, was starting to fire up in the 1970s. I think it manages to avoid that. A good dystopia is built on a partial truth: it justifies itself by solving problems that are real, even if its solutions are abhorrent. In this case, those problems include social atomisation and anomie, accelerated by WWII's disruptions of labour markets.

“It’s not like that.” Cassie laid her hand on the back of the sofa. “I mean, segregation was meant to keep black and white people apart, but the two currencies keep men and women together.”

“Keep them together, how?”

Cassie gave the answer that her father had given her, back when she was eleven years old, and starting to realize how many things she couldn’t buy. “In a healthy society, men and women depend on one another. That was easy a hundred years ago, because almost everything people used was homemade, and men and women spent their whole childhoods learning different skills. So if, say, a man wanted a new shirt, he would need his wife to sew one for him. If he wanted bread, his wife would have to bake it.

“But then the Industrial Revolution came,” Cassie went on, “and factories make all this stuff, so it’s easier to buy a shirt or a loaf of bread than it is to make one. If men and women used the same money, then a man could live on his own, and buy food and clothing without needing a wife.”

Margaret frowned. “Why is that such a bad thing? How is that kind of society unhealthy?”

“It leads to exploitation,” Cassie said. “A man could just… play the field for years, seducing women without committing to them. Women would have to keep looking for a husband until they were thirty or thirty-five years old. And the husbands would lose their work ethic. They’d sponge off their wives instead of looking for jobs that could support a family.”

Margaret wrinkled her nose. “Do you really think all that would happen? Do you have such a low opinion of men?”

“I–I don’t know,” Cassie stammered, and flashed a nervous smile. “Ask me again after I start dating.”

Spoiler ...

I really like the idea that the reason the 'visitor to utopia / dystopia / heterotopia' figure asks so many questions is because they're a fucking cop.

Graeber, David. Debt: The First 5,000 Years

David Graeber, Debt: The First 5,000 Years (2011). Not strictly speculative fiction, but a representative of all that "the truth is stranger (albeit less rigorously extrapolated) than fiction" anthropology out there.

Jo Walton remarks in her review ("The Best Science Fiction Ideas in Any Non-Fiction Ever: David Graeber's Debt: The First Five Thousand Years") that a problem with writing SF and fantasy "is creating truly different societies. We tend to change things but keep other things at societal defaults. It’s really easy to see this in older SF, where we have moved on from those societal defaults and can thus laugh at seeing people in the future behaving like people in the fifties. But it’s very difficult to create genuinely innovative societies, and in genuinely different directions." Cory Doctorow says he found it thought-provoking but frustrating, and names it in the acknowledgements to Walkaway. Charles Stross draws the epigraph of Neptune's Brood from it.

Graeber's book is also a great reminder that many well-known facts (such as the fact that  money was invented as an improvement over barter, solving the double coincidence of wants problem) are liable to reveal themselves as rather wild and far-fetched speculative fiction. You can also check out Graeber's 2009 article for Mute which condenses a few of his book's major arguments. And also see Graeber's On the Phenomenon of Bullshit Jobs, which talks about something that several speculative fiction writers have noticed (Douglas Adams is one of them).

Still the best book about money I've read.

(JLW)

Heinlein, Robert A. Farnham's Freehold

Robert Heinlein's Farnham's Freehold (1964). This somewhat-relevant post originally appeared on the main Aargh blog.

"Every once in a while you find yourself in a lifeboat where a single stupid move can kill everyone. But a science fiction writer whose story’s boundary extends to the boat’s gunwales, and no further – not to the poleconomy that convinced a nation to build backyard bunkers rather than rising up en masse against Mutually Assured Destruction, say – is a science fiction writer who has considered the car and the movie and invented the drive-in without ever thinking about the sexual revolution or the database-nation [...] Every time someone tells you that the environment is important, sure, but we can’t afford to take a bite out of the economy to mitigate global warming, ask yourself what’s out of the frame on this cold equation. [...] Every time someone tells you that the environment is important, sure, but we can’t afford to take a bite out of the economy to mitigate global warming, ask yourself what’s out of the frame on this cold equation."

Cory Doctorow at Locus Online on Robert Heinlein's Farnham's Freehold and Tom Godwin and John W. Campbell's classic of hard science fiction, "The Cold Equations."

"Ender's Game is effectively a series of literary thought experiments designed to generate a particular moral outcome: each act plunges Ender into a savage new environment that can only be mastered with a clear mind and a cold heart."

Jonathan McCalmont at VideoVista on "The Cold Equations" and Orson Scott Card's Ender's Game. (And a note on his blog).

Two great articles, which also feed my sense that hard science fiction can still be a useful normative idea, not just a sort of historical and descriptive one -- but that it would need a little updating. And perhaps that update would have to do with the rigor with which you select what is and isn't in your narrative, not just the rigor with which you work with whatever is in your story?

Instead of Ender's Game, watch Starship Troopers:

Also see this bit from my review of Doctorow's Pirate Cinema:

I’ve also grumbled a bit about realism too. But literary realism always has twin obligations – (a) correspondence and (b) contradiction. It’s not enough to reflect reality. Realism needs also to be able to fight whatever is suppressing the self-evidence of that reality. It has to energetically contradict falsehood -- that could mean false representation, seductive cliche, distraction, and even the “intrinsically” wearisome or finnicky or bathetic nature of some topic or other. On these counts, Pirate Cinema scores highly. 

Or to put it crudely: you may lose a couple of Realism Points if you plump for a streamlined, fabulist London replete with intuitively laid-out resource nodes for the merry runaway. "What fun." #quote But you will gain many hatfuls of Realism Points when you give weight in your writing to what has weight in the world. When ynou give mimesis priority over imitatio, you could say. By my somewhat eccentric standard of realism, Pirate Cinema is an unusually realistic book.

PS:  Just found a great essay by Farah Mendlesohn which also talks about "The Cold Equations," & about Iain M. Banks, singularities, etc.; coins full science fiction, and feels like it has a far more supple conceptual vocabulary for what often gets construed as axioms (the "one tooth fairy" of even hard SF), and extrapolative worldbuilding, not least because it (a) brings in a sense of the interdisciplinary but not totalising knowledge which underpin the legitimacy of SF extrapolation; and (b) doesn't kind of hypostasise extrapolative worldbuilding as something which happens prior to and/or separate from worldtelling -- i.e., the start of the story.

I also like the note to the editor. A peek behind the scenes!

Yet the question-narrative of the sf tale can be enormously powerful. The basic question of the sf narrative is “What if….?” It can be about engineering: what if you need to build a railway on a planet which has miniature volcanoes erupting every couple of hundred yards? It can be philosophical: what happens if you introduce Christianity to a culture with no belief in original sin? Or introduce Christianity to three species who already share a trinitarian symbiosis and in which the death of one member of the trinity is supposed to lead to the suicide of the other two? Or wonder how five intelligent species stranded on a single planet might get on? Or it can question the impact of new physics on social relations, “What happens if a quantum event opens up a new universe on your doorstep, and the things coming through are doing strange things to your society and your body?” In each case, there is an assumption, not that human beings can fix anything, but that the relationship between humanity and the universe is that between engineer and environment. It is a fierce, dialectical relationship and it is conducted through a four-note strategy that I have (impertinently) called Full Sf.  

This strategy can be summed up as: Dissonance, Rupture, Resolution, Consequence. (this is an indented statement so it is set apart. Centre it please?)

PPS: What would fantasies egregiously loaded to demonstrate the rightness of dogmatic versions of other co-ordinates on the political compass look like? (Don't say West Wing).

Hopkinson, Nalo. Brown Girl in the Ring.

Nalo Hopkinson, Brown Girl in the Ring (1998). Entry at ISFDB. Nalo Hopkinson's entry at SFE.

Review by Dan Hartland at Strange Horizons.

Hopkinson, Nalo. Money Tree

Nalo Hopkinson, "Money Tree" (1997), collected in Skin Folk (2002).  "In Jamaica it was the other way around; the costly refined sugar was for guests, and the everyday brown sugar was cheap. Mummy would have been horrified at how expensive Demerara sugar was in Toronto." An unsettling, layered little allegory about value, liquidity, inheritance and family resemblance. There is the relievingly straightforward nugget of allegory if you want it: some people love money more than anything, even life. But though that's definitely there, I think it might have been plopped there for the sake of the twisting, Ovidian ripples it radiates, filled with glimpsables. For other money trees, see Douglas Adams, Adam Roberts, and Clifford D. Simak.

A summary from Gregory E. Rutledge (2006 [2002]):

In “The Money Tree,” Silky finds herself forlorn at the disappearance of her brother, Morgan, whose incessant struggles for income led him to seek out the fabled Golden Table their grandfather had told them about when they were young. Morgan has been absent and presumed dead for months when the story opens. Straddled with nightmares and sinking further into despair, Silky tries to commit suicide by drowning herself in her bathtub. Ironically, this act reconnects her to the maternal in the form of her deceased mother, a mermaid who could never acquaint her children with the love of water, and River Mumma, the ancient water deity who identifies Silky’s mother as a daughter. Free of nightmares, her social life returning, and her body plump like her mother’s, Silky takes a swim at the YMCA. Hopkinson wrenches the story into the fantastic when River Mumma appears and the pool turns into an old Jamaican river where the treasure Morgan sought was supposedly located. As frightened swimmers rush out of the pool, Silky discovers her latent abilities as a mermaid and dives down toward her brother who is still holding on to the table. (17)

(JLW)

Jemisin, N.K. The Fifth Season.

There is economics woven into Jemisin's worldbuilding, although perhaps what's more interesting is the allegorical exploration of cycles and stability, social, economic, and ecological.

The hereditary "use-castes" also offer a somewhat usefully estranging division of labour. It is not always precisely clear whether an attribution is a whole use-caste, or rather a specialism within a use-caste. For example, Strongback, Resistant, Breeder, Innovator, and Leadership are definitely use-castes (the first four mentioned as being among the seven most common), but I'm a bit less sure about Hunter, Knapper, Geomest, and Geneer, and even Guardian and Orogene. Here's

"Those who distinguish themselves may be permitted to bear their mother’s use-caste at comm-naming" -- this is open to interpretation. Is it perhaps describing a limited form of social mobility, whereby by default every child is of their father's caste, but those who demonstrate potential in their mother's caste may switch?

The Broken Earth sequence shows resonance with and/or the influence of political theory around the state of the exception (Agamben, Schmitt, Mouffe, etc.). There are also strong (neo-)Malthussian currents running through it.

Review at Strange Horizons. A few scattered notes at Argh.

(JLW)

Kriss, Sam. Manifesto of the Committee to Abolish Space

Sam Kriss, "Manifesto of the Committee to Abolish Space" (2015). I first came across this via the recommendation of Ethan Robinson, who's always worth perking your ears to. Maybe it was raised expectations, but I came away a little disappointed: it felt like it participated in a tradition of dialectic, perhaps aporetic, analysis and polemic, but instead of taking me to several unlikely and contradictory places, it ended up just reiterating (albeit forcefully and hilariously) a well-rehearsed argument about Space Exploration, the Highest Stage of Capitalism.

But that's okay. And there are good bits! One of its more intriguing moves is creating a vision of paradoxical life-in-death not via a zoom-in to concrete particulars (as you might expect from work in this tradition), but via a zoom-out to a grand scale on which all human experience slips below the threshold of materiality, in the audit and accountancy sense of materiality, and simply gets rounded down to zero. The core proposal is obviously worth serious consideration. I am fairly certain that calls to abolish gravity are around a century old now (although admittedly I am unable to locate the quotation I am thinking of), why haven't such ideas got off the ground? Maybe a properly dialectical approach would be to twin abolition with projection; in which case, what should we replace space with? Another possibility is not to abolish outer space but to take revenge on it. Story online at The New Inquiry. 

Elsewhere: Kriss is an excellent essayist. Some of his other writing.

(JLW)

Lamar, Kendrick. Money Trees

Kendrick Lamar ft. Jay Rock - Money Trees from Gino Spangenberg on Vimeo.

Le Guin, Ursula. The Dispossessed: An Ambiguous Utopia

Ursula K. Le Guin, The Dispossessed: An Ambiguous Utopia (1974). Le Guin's fairly brilliant imagining of a well-established "Odonian" revolutionary anarcho-syndicalist society on the moon Annares. It sets out a utopian vision via a stress test of that vision. The novel is absolutely an anarchist-syndicalist polemic -- to think otherwise is a serious misreading! -- but it dwells on the fragilities and flaws of the society it advocates.

Books like these are really carrying the whole SFF team. Really: The Disposssessed is getting toward half a century old, and is still in many ways the first go-to book for speculative fiction and political economy. That's a testament to the great insight and imagination of the novel itself, of course. But it could also be a wee bit of an indictment of what we've all been up to since then.

A huge amount has been written about it, but I haven't come across any attempt at a brief summary of the key economic institutions and practices of Annares. So I've attempted that below. If you think I've bungled something, please let me know!

Levine, David D. Tk'tk'tk

David D. Levine, Tk'tk'tk (2005).

David D. Levine’s Hugo-winning short story ‘Tk’tk’tk’ focuses on the tribulations of Walker, an interstellar salesman, as he struggles to understand local market conditions.

Walker trips up over a variety of linguistic and cultural caltrops. He does not realise that the deepest and darkest room in the hotel is the most desirable and expensive (duh). He falls for the extrastellar equivalent of downing a local liquor he really can’t handle (more literally, his shoulders are sprinkled with strange green rings, but the principle is the same, and even the chanting “Rings, dance! Rings, dance!” (p. 170) faintly echoes a frattish ‘Drink! Drink! Drink!’). He has difficulty distinguishing high and low denomination currency boluses, since figures are written in fragrances (p.162). Numbers have qualitative associations he is frequently forgets: one buyer is mortified at the idea of paying seventy for an item, but will happily pay seventy-three (p.162). Potential customers profess themselves, with elaborate humility, to be unworthy to take ownership of Walker’s exalted merchandise, calling it “beyond price” (p.161). They do hint at the possibility of compensating him for an “indefinite loan” (p.173, cf. p. 161), but seem to prefer endless, aimless, chinwagging (“did you come through Pthshksthpt or by way of Sthktpth” (p.163)) to talking turkey.

Detail by detail, Levine conjures an amusing and convincingly exotic setting, and only a heartless reader would blame Walker for his bewilderment. Nonetheless, at bottom, Walker’s experiences are just exaggerated versions of what a naive and insensitive late C20th North American (or "Westerner," maybe) might encounter, trying to hock their merch in Asia and East Asia, and perhaps particularly, in Japan.

That is: compared to Walker, the aliens belong to what the anthropologist Edward T. Hall influentially described as a “high-context culture” (Beyond Culture, 1976), in which comparatively greater emphasis is placed on implicature, supported by shared context and experience. Walker’s frustration with meandering chit-chat – what he at best justify as “building rapport” (p.163) – recalls the reactions of some North Americans to a more informal style of decision-making common in Japanese organisations. That is, a style which exhibits a more flexible understanding of what might constitute ‘on-topic’ and ‘off-topic’ conversation, and which closely links the legitimacy of decisions to the social intimacy which has led up to them (cf. e.g. Haru Yamada Snr., Different Games, Different Rules, pp.55-59).

We must be wary of stereotyping, of course -- I'm pretty sure that golfing and drinking is part of work for London City bankers, every bit as much as it is for Tokyo salarymen -- but the broad distinctions are there, at least in the Business Studies and Linguistics literature. And in light of these connections, Walker’s eventual spiritual transformation, which sees him reforming his earlier striving attitudes, is not particularly difficult to understand – he is simply one more tourist-turned-Western Buddhist. Which is still good.

Is the story colonialist, orientalist? When I first wrote this post, I pussyfooted around the question a bit, because I like the story -- and also because I also think I need to try to take an author seriously when they tell me that somebody is a giant alien insect, or an orc, or whatever: and not simply unscramble the story in some way which suits me, and then critique the cleartext as if the ciphertext had never existed. But. The use of insect and swarm imagery, in the depiction of an inscrutable, indirect and exotic people? A people whose ways are a little more collectivist than our narrator's, and who offer him a mystical path to self-transcendence? This is definitely horrible territory.

Should no more pussyfooting. Levine should have used squidbears. And/or France.

This was originally part of a blog post that was also about Cory Doctorow's 'Chicken Little.' The two stories are both about making sales, and they both appear in Hartwell and Hayden's 21st Century Science Fiction anthology.

(JLW)

Lord, Karen. Galaxy Game

Karen Lord, Galaxy Game (2015). A sequel to The Best of All Possible Worlds. Features a world, Punartam, where resources are allocated by the interplay of two formal media, called "social credit" and "financial credit." There is a kind of mapping between divisions such as market and gift economy, or between money and social capital, onto the division between basic needs and wants/luxuries -- all suitably science fictionally estranged and disheveled, of course. Here are the relevant snippets:

Haviranthiya told him very soberly that it appeared Academe Maenevastraya had registered a prior claim on his acquaintance and he could no longer provide Rafi with an Academe Surinastraya recommendation as a starting nexus for future Punartam interactions.
[...]
   "And your essentials," Ntenman continued.
   "There's nothing wrong with them. You should approve of that."
   Essentials were harder to understand, but after Lian dumped a message and a quantity of voice-access credit into his channel, things became clearer. The credit was "a loan, not a gift", and the fact that Lian had extended it made Lian one of his primary essentials. "Stay neutral," Lian's message warned. "Do not accept credit from non-Cygnians."
[...]
   "Your keys are your peers," Lian's message explained further. "I've introduced you to a couple of mine and I'll introduce you to more in time. I know your family and I shared food and drink with you in public, so I'm one of your first-tier keys. Keys you meet through me will be your second-tier keys. You will have to acquire more keys by your own efforts."
[...]
   He quickly discovered that for every variant of the credit system, there were several academic interpretations and models on how they should work. "Economic credit is mere financial engineering," sneered his Academe guide. "Social credit is art."
[...]
   "Yes, that's survival. But social credit determines what you will eat, and where, and with whom."
   "And I get my financial credit from my essentials but social credit from my keys."
   "More or less. That depends on where your nexus is located and the allegiance of your keys. Sometimes it's worthwhile to have a broad representation, but sometimes a nexus will refuse to acknowledge certain keys or networks, or will itself be shunned by other networks." Ntenman exhaled sharply, already frustrated. "It's a complex formula. The size, density and degree of overlap of your networks is measured, your net worth is calculated with reference to recommendations from your keys, and only a fully qualified Credit Assessor can work out the result."
   "But good social credit makes my financial credit more valuable, is that right?"
   "More or less. You're in a higher consumer bracket for some things."
   "So this is good! I have a nexus and I'm making a start on my social credit. I'll be able to pay you back."
   "Don't be rude," said Ntenman, only half-joking, and Rafi belatedly remembered that on Punartam, it was bad manners for anyone, be they creditor, debtor or completely uninvolved, to harp on an unpaid debt.    "So, financial credit is what gets me food and shelter?" Rafi asked. He had discovered that teaching him the basics appeared to put Ntenman in a better mood, as if doing so re-established the correct order of things.

For other exotic trust currencies, see entries for Cory Doctorow, Iain M. Banks, Michael Swanwick, and Jack Vance.

(JLW)

Macleod, Ken. The Star Fraction.

Ken Macleod, The Star Fraction (1995). Entry at ISFDB. Macleod at SFE.

Maughan, Tim. Limited Edition

Tim Maughan, "Limited Edition" (2012). Features the gamification of robbery. You log onto Smash/Grab, a sort of gambling / gaming / social media thing, and get points for smashing stuff and nicking stuff In Real Life. In other words, what counts as a breakdown of the legitimate circulation of values within one sphere is a completely legitimate phase in the circulation of values within another sphere. There's a faint suggestion that somewhere in the shadows these spheres are reconciled: perhaps powerful corporate interests don't exactly run the Smash/Grab servers, but they may be in no hurry to see them shut down. Story online at Arcfinity.

(JLW)

Maughan, Tim. Special Economic Zone

Tim Maughan, "Special Economic Zone" (2015). Not strictly science fiction. Not strictly not. About working in quality assurance for GPS tracking and vehicle monitoring units for retrofitting buses for smart cities. There is something stylistically clever about this story, something which becomes obvious early on in the story, as do the reasons for it. That leads to a choice, for the reader, about how they should read, and if they should read at all. However, part of its cleverness is that it resists being admired as clever, and part of what makes the choice difficult is that it's impossible to think of it as important. On Medium.com.

(JLW)

Maughan, Tim. 'Zero Hours'

Tim Maughan, "Zero Hours" (2013). A short, sharp shock about the interface of emerging technologies and low skilled labour (or supposedly low skilled labour, perhaps).

Compare John Maynard Keynes's prediction: "for the first time since his creation man will be faced with his real, his permanent problem – how to use his freedom from pressing economic cares, how to occupy the leisure, which science and compound interest will have won for him, to live wisely and agreeably and well."

Instead, hello gig economy, hello extreme precarity, and hello cognitive capitalism, which "no longer consists, as in the Fordist time, of investment in constant and variable capital (wage), but rather of investment in apparatuses of producing and capturing value produced outside directly productive processes" (Marazzi 2010: p.55). "Zero Hours" is online at Medium.com.

Also see "Four Days of Christmas" at Motherboard.

(JLW)

Mitchell, Lisa Swope. Rena in the Desert

Lisa Swope Mitchell, 'Rena in the Desert' (2020)

Parched in the desert, Rena stumbles upon an automated motel, apparently empty apart from a little girl. It is an elegant slice of near future Americana with the feel of a haunted house story, or a fable, perhaps an island in The Odyssey or one of those enchanted castles from the Matter of Britain. There is a fair bit of worldbuilding woven in: ecological and economic catastrophe, crumbling rule of law. And there is something interesting going on to do with English, Spanish, labour, automation, and the nuclear family: Although homeless and arguably an internally displaced person, Rena is also a sort of deranged figure of privilege, a gun-wielding consumer whose collapsed US dollars and high school Spanish somehow is able to command, at least for a few hours, the tawdry dream of a domestic space where somebody else or something else does all your cooking and cleaning.

Here Rena checks in:

“You have selected: one single room. For: one night,” affirmed the AutoMotel. A slot on the desk blinked red. “Please insert cash or card to select your currency.” 

Rena expected the bills to come spitting back at her, but the AutoMotel sucked them in and informed her of the increasing total. At eighty-nine, another slot lit green, and a card popped out. The girl pounced on it, then slid it ceremonially across the desk.  

“Your room is: 2B,” the AutoMotel said. “Please take your keycard.”  

Rena stared. Something wasn’t right. Little girls did not run motels alone—not even an automated system like this one—little girls did not face unknown travelers alone, and they sure as shit didn’t control large supplies of fresh water, currently one of the more valuable commodities in this part of the North American continent. Not by themselves. And even if they did, they wouldn’t sell that water, or anything else, for paper money issued by a failing government with no authority in this region. Hell, even in Chicago the black market ran on CAD. Somewhere, there must be somebody else. A mother or father, hiding, waiting to catch her off guard.  

Alarm bells should have been jangling down her spine, sirens blaring through her subconscious, but somehow all was quiet. She took the keycard.