'Neoliberal capitalism' has contributed to the rise of fascism, says Nobel laureate
'Neoliberal capitalism' has contributed to the rise of fascism, says Nobel laureate
The attacks on democracy and freedom "have never been greater in my lifetime," warns Nobel Prize-winning economist Joseph Stiglitz.
cross-posted from: https://lemmy.ml/post/19046336
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Marxism and socialism are not the answer to the ills of capitalism, though. People don’t necessarily want to be responsible for organizing production, and group dynamics which plague capitalist societies will crop up again, leading to unequal distribution of resources, and again fascism.
Such anti-social group dynamics are almost always resultant from the natural levels of greed and self-preservation which people possess, like favoring people from their religion or culture over others.
Capitalism needs to be controlled and made reasonable via high tax rates to reduce funding for lobbying. Under prepared and ill informed masses do not need to be given controls over production. There are also many who want people to give up individual liberties to live in communes. Fuck off with that, no one wants to live in your fucking commune with you.
I disagree, something has to be born out of capitalism. Shits on life support right now.
I think a gift economy would be best but, if we keep thinking behaviors like greed can't be legistlated, we'll never get ahead.
Could you tell me what you believe socialism to mean?
As long as we keep antiquated monetary based economic and political systems there will be no emancipation of all. We don't need money and things to dictate who gets what. (shelter, food, water, love, community, education...) those should be already granted to everyone because we have the resource, knowledge, and capabilities to do so. We have people going without essentials only because the rich and powerful want it that way.
I agree to an extent. What do you suppose would replace money? Labor vouchers? Moreover, there needs to be a transitionary period to phase out money.
My point being, the changes we need have to be reformational. Expedited reform is the only sensible path forward.
Ya I don't think it'll be something that happens fast or within our lifetime. But there's no rational reason for us to not starting to provide some essential needs today. The US throws out enough food to feed everyone in our country now. But it's preferred to over produce so shelves look full and then throw out whatever doesn't sale. Literally insanity when millions of Americans go to sleep hungery
Nothing in this article is about Marxism or socialism.
I mean maybe you won't join my cult on day one, but soon.....