jlou ,

The case for liberal anti-capitalism in the 21st century

https://aeon.co/essays/the-case-for-liberal-socialism-in-the-21st-century

The most powerful critiques of capitalism are actually liberal critiques in that they appeal to the liberal principles that defenders of capitalism invoke, but show that capitalism does not in fact satisfy them even in the ideal case.

@general

MechaJutaro ,

Lots of luck creating a human society devoid of Capitalism where everyone isn't dirt poor. Decapitating the patient to relieve their scalp psoriasis doesn't ultimately get them well

jlou OP ,

What do you mean by capitalism? @general

MechaJutaro ,

That's a salient point... "Capitalism" is one of many words that's been redefined in a few million ways since '16

jlou OP ,

Capitalism's defining institutions are

  1. The employer-employee contract
  2. Private ownership of the means of production
  3. Private property in land

The alternative to capitalism I propose, Georgist economic democracy, abolishes 1 and 3. 2 continues formally but there is widespread collective ownership of the means of production. Markets continue to exist to help coordinate production and allocate resources. Many defenders of capitalism incorrectly conflate capitalism with markets @general

MechaJutaro ,

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