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This implies a capitalism that somehow exists outside corporatism - what many contemporary leftists argue in various ways - from Graeber to Pikety to Varoufakis
by llamataboot 6y ago
This implies a capitalism that somehow exists outside corporatism - what many contemporary leftists argue in various ways - from Graeber to Pikety to Varoufakis is that these distorting forces have been baked into capitalism since the beginning in much the same way that authoritarianism was baked into the attempt at communism.
That is - there are market-based socioeconomic systems and socialist economic systems out there waiting to be experimented with and built that could avoid these things, but they aren't capitalism or communism, they are something different.
- llamataboot 6y ago(also by the by, you can accept a Marxist critique of capitalism without accepting a Marxist blueprint for the solution. The (very) basic premise that capitalism is a machine for accumulating power in ways that allow one to distort the market simply because of the way that return on capital works, and the results of focusing on maximizing extracting value from human labor is pretty straightforward and, in my mind, pretty easy to demonstrate empirically at this point.