Capitalism
Libertarians argue that capitalism is superior to socialism because in capitalism anyone is free to do anything — including start a worker cooperative. In truth, capitalism constrains our options, while socialism can liberate us to live as we please. Capitalism is a system under which the means of production can be bought and sold by
Class Struggle
The history of socialist politics in the Global South shows that all capitalists want a government that will govern unapologetically in their interests — and would prefer the intervention of foreign powers than democracy and socialism at home. Today, we too often study Salvador Allende’s government nostalgically, as a tale of heroic struggle and martyrdom.
Capitalism
The ratio of CEO pay to worker pay is almost 300 to 1. Are we really supposed to believe CEOs work 300 times harder or create 300 times more value than us? As an abstract value at least, equality is generally seen as a good thing in most liberal democratic societies. Outside certain fringes of
Capitalism
Increased productivity has failed to translate into fair compensation, and we’re all working ourselves to death. Not having time to rest or think is not just terrible for human beings — it’s terrible for democracy. All Work, No Play In our market society, time spent outside work is often infiltrated by work-related concerns, upsetting what
Capitalism
A long tradition in US thought has emphasized the importance of economic security for ensuring individual liberty. But to truly realize equal freedom for all, we need a socialist politics fighting for democratic control over the economy. There’s no doubt that individual freedom is fundamental to the American self-conception — as our national anthem has