Four Futures: Visions of the World After Capitalism
Review

The Quadrant That Ate the World

Peter Frase gave us a two-by-two matrix — equality vs. hierarchy on one axis, abundance vs. scarcity on the other — and asked us to populate each cell with a future. The result was communism, rentism, socialism, and exterminism, four scenarios that were never meant as predictions but as what Frase called "social science fiction." Ten years on, the matrix holds up better than it has any right to, mostly because the world has obligingly refused to pick a single quadrant and instead smeared itself across all four simultaneously. That was, in fairness, something Frase anticipated in his conclusion. What he perhaps did not anticipate was how quickly the boundaries between his futures would dissolve, not through political struggle but through sheer institutional incoherence.

The book's sharpest call was on rentism. In 2016, Frase's analysis of intellectual property as the new commanding height of economic power read as a plausible extrapolation. By 2026, it reads as understatement. The explosion of generative AI — systems that produce text, images, code, music — has turned the question of who owns the outputs of automated production into the central legal and political contest of the decade. Frase described a world where a small elite could monopolize abundance by controlling the intellectual property that governs automated systems. We now live in a world where OpenAI, Google DeepMind, and a handful of other entities sit atop foundation models trained on the near-totality of human creative output, and the courts are still trying to figure out whether this constitutes theft. The rentism chapter's discussion of enclosure — of the social construction of scarcity through property law — is the single most prescient section of the book. What Frase missed was the specific mechanism: he imagined IP holders as gatekeepers of production, but the actual bottleneck turned out to be training data and compute infrastructure, a more physical and energy-intensive form of enclosure than the legal fictions he foregrounded.

The exterminism chapter, which drew on the film *Elysium* as its governing metaphor, has aged in a more unsettling way. Frase described a future in which the economic superfluity of large populations would erode the social contract that kept elites from simply abandoning or eliminating the poor. In 2026, we have not arrived at literal extermination, but the logic Frase described is visible in the expanding apparatus of border militarization, in the normalization of excess death during climate events, in the quiet policy consensus that some populations are simply too expensive to save. The chapter's weakness is its reliance on a clean separation between the elite enclave and the abandoned exterior. What we got instead is a fractal pattern — gated communities within failing states, premium tiers of service layered atop crumbling public infrastructure, algorithmic sorting that creates invisible enclaves without geographic walls. The scarcity axis of Frase's matrix has also shifted: in 2016, ecological catastrophe was the primary driver of scarcity; by 2026, water crises, supply chain fragility, and energy competition for AI data centers have made scarcity feel less like a future condition and more like the permanent weather.

The book's most significant blind spot is its thin treatment of the state itself. Frase assumed that political struggle would determine which quadrant the future landed in, but he spent remarkably little time on the specific institutional mechanisms through which that struggle would play out. The rise of authoritarian techno-nationalism — China's social credit experiments, the weaponization of digital infrastructure by various governments, the collapse of multilateral climate agreements into bilateral resource deals — sits outside his framework almost entirely. He was a thinker of political economy, not of geopolitics, and it shows. Similarly, Frase's communism quadrant, the hopeful cell of equality and abundance, remains the least developed and the least plausible, not because the material conditions are impossible but because he offered no credible account of the political path from here to there. Star Trek references do not constitute a transition strategy. The socialism quadrant, with its emphasis on collective restraint and ecological sensitivity, has gained adherents in the degrowth movement but still lacks the institutional power Frase acknowledged it would need.

Frase drew from Marx, from Vonnegut, from Kim Stanley Robinson, and handed forward a vocabulary — especially "rentism" and "exterminism" — that has seeped into left-intellectual discourse in ways that outpace the book's modest page count. It sits in the tradition of Erik Olin Wright's "real utopias" project but with sharper teeth and less patience for institutional design. Its real contribution was not any single prediction but the insistence that the future is plural and contested, that technology determines nothing, that distribution is always a political question. That insistence remains necessary. But here is what the last decade has done to this book's meaning: it has collapsed the time horizon. Frase wrote as though these were futures to be chosen among. We are now living in all four at once, layered and interpenetrating, and the question is no longer which future we will get. Given that rentism and exterminism are no longer speculative but operational — embedded in law, infrastructure, and the daily allocation of survival — is the real political task still choosing a quadrant, or is it learning to fight on all four fronts simultaneously?