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) 

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)

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 [...]"

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)

Novik, Naomi. Spinning Silver

Naomi Novik, Spinning Silver (2018).

Many of the entries in this database have a few passages with economic themes, or some interesting worldbuilding with intriguing economic implications. Novik's Spinning Silver is different. The entire novel is a sustained meditation on value, debt, and exchange, also touching on themes of debt peonage, honour and gift-giving, justice and mercy, economic antisemitism and pogroms, sexual division of labour, bridewealth and dowry, affective labour, the objectification and commodification of women and girls, domestic violence, and sisterhood and solidarity. 

The book is filled with instances of expansive and transformative magic, from the everyday metamorphoses of the market, to gowns that are made more splendid by dearly-bought sorcery: all these moments speak of Novik's method of spinning this rich adventure from her slight source material, the story of Rumpelstiltskin. Or perhaps more accurately, from the cluster of Rumpelstiltskinesque fairytales called 'Name of the Helper' stories. Here is one, for instance, that features an elf kingdom:

One time a beautiful peasant girl was gored by a steer. She screamed aloud and called for help. The friendly elf came immediately, comforted her, and promised to help and rescue her, if she would marry him and go with him to the elf kingdom. She had no choice but to say yes, and upon her agreement the elf rescued her.

The episodes in the cottage at the edge of the Staryk kingdom, with its glitching domestic space and invisibilised labour, offers another subtle link: a rumpelstilt is a sort of poltergeist or goblin. These episodes might equally suggest 'The Elves and the Shoemaker', just as the magic mirror and abduction to a wintry kingdom might suggest 'The Snow Queen.'

So what is the deal with Staryk society? It has strong elements of a heroic, honour-based society, except that these elves also seem ... kind of libertarian? Any gift obliges you to the giver in complex ways (cf. Mauss, Levi-Strauss, Strathern, etc.), but for the Staryk these obligations have a magical, binding quality. They therefore shun gifts (even in the sense of simple instinctive acts of kindness and care) and try to turn everything into explicit exchange.

The story opens with young Miryem, uninvited, taking over her soft-hearted moneylender father's business. As I interpret the story, it is partly about Miryem encountering, in the Staryk, the preposterousness of her own chilly and indignant ideas of fair dealing, writ large. Debts, whether formal or informal, are not necessarily bad, exactly, but ... the equal moral worth of contracting parties should never be confused for equal power or freedom. What actions count as gifts, which obligations need to be repaid, what should count as repaying them? The answers are always matters of power, circumstances, feelings, perceptions, and imagination, much more than they are the kind of thing that can be carefully written down in a ledger. 

But does Miryem actually ever learn this, or anything like it? Miryem has a kind of fairytale comeuppance, and she does grow and change in various ways (making a boast and stepping into the shape she has made), but in all the excitement I'm not sure she ever really does revisit her early mercilessness. Perhaps it is the limitations of a critique of commercial society (nascent capitalism) that is rooted in feudal ideals (hospitality, the abundant table, the honourable household where hard work and loyalty are rewarded). I'm not completely sure, but I think that -- although I kind of love this book -- its politics are pretty abhorrent to me. 

Further reading:

• Carol Jones, Women's Worth: A Western Misconception
• David Graeber, Debt: The First 5,000 Years
• Jerry Z. Muller, Capitalism and the Jews
• Carole Pateman, The Sexual Contract
• Amanda Mandzik, Once Upon an Economics Course: Using Fairy Tales to Teach Economics
• Workers' Tales: Socialist Fairy Tales, Fables and Allegories from Great Britain
• Silvia Federici, Caliban and the Witch: Women, the Body and Primitive Accumulation

Rambo, Cat. Appreciative Estate

'Appreciative Estate' by Cat Rambo (2018).

How much do you think your memories would be worth on the open market? A nice short short about a retiree agreeing to license her memories. Available online at Daily Science Fiction.

(JLW)

Raven, Paul Graham. Los Piratas del Mar de Plastico (The Pirates of the Plastic Sea)

Paul Graham Raven, "Los Piratas del Mar de Plastico (The Pirates of the Plastic Sea)"  (2014). Collected in Twelve Tomorrows (2014), ed. Bruce Sterling, it bears comparison with another story in the same volume, Cory Doctorow's "Petard: A Tale of Just Desserts."

Two tales, very different in flavour and mood, but thematically complementary. Both explore the tensions and contradictions between what you could call capitalist ideology and entrepreneurial ideology (or "entrepreneurial-engineering stance," perhaps); both ferociously snuffle at the blurred line between market forces and the forces which shape markets (& here's PGR on infrastructure fiction).

Both stories are also interested in the way dynamics which pop up with an anti-capitalist belligerence, or at a tangent to capitalism, can get recuperated by capital. Including, perhaps, the appropriation of the ideology of "disrupting" itself: the last thing you'd expect of Doctorow's and Raven's arch market-disruptors Sergey and Niceday is any pinko sass.

Doctorow's title invites us to think of his Sergey as an extrapolation of the same logic embodied by his hero Lukasz; petard is a reference to the expression "hoisted on your own petard" (it's from Hamlet: "For tis the sport to haue the enginer / Hoist with his owne petar"), so there's a sense of Lukasz, in many ways a classic Doctorowian activist everyhacker, getting beaten at his own game, or gulping down a taste of his own medicine. (More specifically, the idiom is about being blown up by your own grenade. So perhaps it's a story about knowing just the right moment to let go of something?)

Both Doctorow's and Raven's story also contains more-or-less the same line, as nemesis (Sergey / Cedric) offers protagonist (Luckasz / Hope) the opportunity to join a thrilling and intellectually fulfilling, but morally dubious cutting-edge economic enterprise.

That line is: "I'll think about it."

(JLW)

Simak, Clifford D. The Money Tree

Clifford D. Simak, 'The Money Tree' (1958).

'Why, Chuck, it's a twenty-dollar bill!'
'Look at that thing on the corner of it.'
She did, with some puzzlement.
'Why, it's a stem,' she cried. 'Just like an apple stem. And it's fastened to the bill.'

Winds up as a kind of cautionary satire about the profit motive / fetishistic miserly greed. For other money trees, see Nalo Hopkinson, Adam Roberts, and Douglas Adams.