Capitalism

Understanding the Basics of 21st-Century Democracy, Autocracy, and Capitalism

Democracy exists if and when a community organizes its self-governance around the full participation, on an equal basis, of all the members of the community. Its other, autocracy, exists when a community organizes (or allows) its governance by an individual…

Digital capitalism, the new face of corporate anti-humanism

The supposed advantages of the digital economy have not decreased the pre-existing inequality, but rather deepened it. By Javier Tolcachier As is well known, capitalism is going through an accelerated phase of technological reconversion, the main element of which is…

Earth Day: Humans and Not Capitalism for our Survival

‘…the struggle against inequality and for the destruction of capital is innately linked with the struggle for man-nature dialectics of the higher order, where the earth does not remain a commodity to be exploited.’ Tikender Singh Panwar “International Earth Day”…

Increasing Desperation as the U.S. Capitalist System Declines

Like all previous economic systems in recorded history, capitalism is on track to repeat the same three-step trip: birth, evolution, and death. The timing and other specifics of each system’s trip differ. Births and evolutions are commonly experienced as positive,…

Who are we? Where are we going? How will we get there?

It may help to precede my answers with a methodological remark, starting from Heidegger`s Jedes Fragen ist ein Suchen (Every question is a seeking). (Sein und Zeit (Being and Time), on or near p. 5 in every German or English…

US Economy Excels at One Thing: Producing Massive Inequality

To solve the extreme inequality of US capitalism requires systemic change, an end to capitalism pitting employers against employees. By Richard D. Wolff To grasp the sheer magnitude of US economic inequality in recent years, consider its two major stock…

Socialism For President Trump, Capitalism For Us

By Mark Lesseraux Isn’t it ironic that over the last 40 years no American has received more (financial) government assistance than Donald Trump? Which begs the question: If our socio-economic system has “evolved” in such a way that it has…

Medicare for All: A Prescription Against Deadly COVID Capitalism

The United States, the wealthiest and most powerful nation in world history, is also number one in COVID-19 infections and deaths. As White House coronavirus advisor Dr. Deborah Birx warned last weekend, “It is extraordinarily widespread. It’s into the rural…

Why Bitcoin Is Not a Socialist’s Ally – Reply to Ben Arc

By Yanis Varoufakis* On 15th July, Ben Arc published in Bitcoin Magazine an open letter addressed to me in a bid to convince me that I should re-assess my rejection of Bitcoin as a force for good; as a bulwark…

Capitalism is the virus

‘Capitalism, colonialism, and ecological devastation are all cause and effect of each other, and they coevolved together.’ Capitalism is the virus. I present this as both a literal and metaphorical statement. My aim is to supplant the “humans are the…

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