4 ms·
It's not hard to see the flaws in capitalism, but hard to come up with a decent alternative. Capitalism is the private ownership of assets used for production,
by incompatible 9y ago
It's not hard to see the flaws in capitalism, but hard to come up with a decent alternative. Capitalism is the private ownership of assets used for production, such as factories and land. One alternative is government ownership, but that has a terrible track record. What other systems are possible? Non-profit organisations controlled by their employees?
- jboynyc 9y agoGood questions, but you ask as if there were no intellectuals out there discussing postcapitalist futures or social movements trying to build (or "prefigure") a postcapitalist world. Granted, they often aren't very visible, but publications like Jacobin are a good way to keep up with these efforts.
- incompatible 9y agoDo you have any specific articles?
- jboynyc 9y agoI often recommend this one: https://www.jacobinmag.com/2011/12/four-futures https://www.jacobinmag.com/2011/12/four-futures -- it has since been elaborated into a book. Bonus points for lots of sci-fi references.
- aylmao 9y agoA mixture of both? It's ludicrous to assume all enterprises are equal, or that companies should be allowed to grow as big as they want. Yet here we are; Healthcare and university education is run like any other business, banks are so big that if they fail the whole economy falls with them, cable-providers are so big they can buy the FCC, etc. There are enterprises that IMO are not meant to be run by private, for-profit orgs, or should be capped on size.