Tag Archives: Socialism

Are You Ready To Consider That Capitalism Is The Real Problem?

BOOK REVIEW

The Divide: A Brief History of Global Inequality and Its Solutions, Author: Jason Hickel.

By Jason Hickel and Martin Kirk – A full three-quarters of people in major capitalist economies believe that big businesses are basically corrupt.

Why do people feel this way?

It’s because they realize—either consciously or at some gut level—that there’s something fundamentally flawed about a system that has a prime directive to churn nature and humans into capital, and do it more and more each year, regardless of the costs to human well-being and to the environment we depend on.

That’s what capitalism is, at its root.

What might a better world look like? There are a million ideas out there. We can start by changing how we understand and measure progress.

We can change that.

People want health care and education to be social goods, not market commodities, so we can choose to put public goods back in public hands. People want the fruits of production and the yields of our generous planet to benefit everyone, rather than being siphoned up by the super-rich, so we can change tax laws and introduce potentially transformative measures like a universal basic income. more> https://goo.gl/ntiMQr

Socialism should begin with what it is for, not what it is against

BOOK REVIEW

Theory of Games and Economic Behavior, Author: John von Neumann & Oskar Morgenstern.

Hubris: Why Economists Failed to Predict the Crisis and How to Avoid the Next One, Author: Meghnad Desai.

By Alex Gourevitch – Another latent desire might be to think about the development of one’s own capacities independent of their monetary value.

Words like ‘human capital,’ ‘human resources,’ or ‘leveraging abilities,’ are the watchwords of our capitalist society. They speak volumes about how we think about our skills and talents. We are encouraged to see them instrumentally, like we would a stock portfolio, rather than as something connected to our own life projects.

In our society, whether someone is willing to pay for it is the dominant measure, and, so it appears, the more someone pays the more urgent the need that we satisfy. As reasonable as this sounds in any given instance, we know that on the whole, given the extreme inequality in wealth and income and the lack of democratic control over production, we end up serving not the most urgent needs but the needs of the wealthiest.

The development of our abilities is subordinated to the need to make a living, and the jobs that count towards making a living depend disproportionately on the needs of the best off. more> http://tinyurl.com/ov26jyr

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