Great article Luke. I think the fundamental failure of, especially neo-liberal, capitalists is the utter inability to treat the economic world as a social system for the distribution of goods, wealth and the means of social reproduction. Instead modern free-market economists treat the economy and much of economic theory like it were the environment, and they were merely meteorologists diagnosing why the weather does what it does, and what subtle changes we can make to how it will effect us.
As long as our power elite continue to insist on the natural-ness of free-market neoliberal capitalism we will continue to deal with this contradiction, and watch as we fall further and further from a progressive utopia even as the means for its production come closer and closer.
Thanks for this. I think that’s very well put and I have nothing really to add. I suppose there are European capitalists who believe in a social market of sorts, which also has its problems but I spose I’d take over the rip and run US variant if I was forced to choose.
Ivan Illich in his books of the 1970s like Tools for Conviviality and E.F. Schumacher 's Small is Beautiful focus on tools that free us- serve us. Greater equality is a by product of freeing us radically from what holds us traps us said Rousseau.
Great article Luke. I think the fundamental failure of, especially neo-liberal, capitalists is the utter inability to treat the economic world as a social system for the distribution of goods, wealth and the means of social reproduction. Instead modern free-market economists treat the economy and much of economic theory like it were the environment, and they were merely meteorologists diagnosing why the weather does what it does, and what subtle changes we can make to how it will effect us.
As long as our power elite continue to insist on the natural-ness of free-market neoliberal capitalism we will continue to deal with this contradiction, and watch as we fall further and further from a progressive utopia even as the means for its production come closer and closer.
Thanks for this. I think that’s very well put and I have nothing really to add. I suppose there are European capitalists who believe in a social market of sorts, which also has its problems but I spose I’d take over the rip and run US variant if I was forced to choose.
Ivan Illich in his books of the 1970s like Tools for Conviviality and E.F. Schumacher 's Small is Beautiful focus on tools that free us- serve us. Greater equality is a by product of freeing us radically from what holds us traps us said Rousseau.