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What might the world look like if the bailout works? Like Sarah P
I don't mind what people call me, never really have, never really will - a progressive, a Marxist, Communist, Liberal, Left-wing, Socialist - all those are very fine with me.
But, mostly I am, and steadfastly - a cynic.
If you don't really know what a cynic is - well, you will probably read a cynic in the modern term - look at my blog under the tab Cynicism - you will see that you are quite incorrect.
But what was it that drew me both to this piece and to actually put time into writing about it?
The US bailout is a robbery in progress, the greatest heist in monetary history. But consider for a moment: what if it actually works, what if the financial sector is saved and the economy returns to the course it was on before the crisis struck? Is that what we want? And what would that world look like?
Well, if you do read it you will see a lot of it is about Sarah P - my thoughts on her are all over the web, so I don't have to repeat them here. But we have to look at what this piece is all about - and something that is dear to my heart - the death of capitalism.
How long will that take? To be honest with you I really don't know - but I suspect that it won't be any time soon. Capitalism, in its present form, will just carry on as is - capitalism has no heart, no compassion, no motivation of human worth - it has just the view that money and wealth are in dollar terms, and many, many people like it just like that.
If you look at your life in those black and white hues, greyness doesn't come into it - there is nothing but a better retirement because you have invested well. Nothing to make you even think about the abject and real poverty that is out there - why would you?
The one thing that will kill capitalism is - and his isn't going to please some - the catastrophic failure of the financial system - that will have to collapse to a degree that money isn't worth a penny.
Whether you love oil, love gas, all fossil fuels combined - there is the money behind that, which is capital - and those who own that - and that in itself leads to a lurch to where profit will come from.
It isn't the dream of ever increasing profit that will deny capitalism its base - that is what is wanted.
This Earth is finite - and as such we can keep going as we are - or we can make the change, a change that does take into account the other things in life that do create non-material wealth, yet are just as important as the dollar we have in our pocket.
When capitalism dies it will release so many and enslave no one. We can all live well - and we all can live with a pizza in front of the TV while watching a game, having a beer and still screaming at that TV when our team loses. There will still be commercials, there still will be daytime soap operas, and there will always be another Britney Spears.
What will change is how we, as a race, decide that we no longer want to live in fear of tomorrow but want to embrace it and hand it, with loving arms, to our children - and then it will be up to them to tell the historical stories of how great, great Grand pa and Grand ma used to drive in a big machine that poisoned all around it, and that they really didn't know any different.
Capitalism will die when we are educated enough to understand we don't need it - yet that isn't this time - that is for a better tomorrow, a time when our grand children can begin to teach us.
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Most RecentMost Recommended Comments (14)
at 01:47 on July 31st, 2009
a very good post in my opinion. I do agree with you here.
at 05:12 on July 31st, 2009
There is no perfect system. I have seen the results of failed communist economies. It.s written all over the former Soviet satellites and the Balkans. Five year plans that produced fertilizer whether or not it was needed. The excess dumped in the Dnieper River. Even the Communist regime in China has figured out that it needs an element of Capitalism to transform its economy.
While Marxism, as a Utopia, may sound good, it has never worked in practice. While everyone is always talking about global warming and a green economy, no one seems to address the problem of overpopulation of our planet.
If we keep going the way we are, we won't have to worry about any system, as we will destroy each other for lack of food, lack of space.
As for Sarah Palin, she is now out of office and keeping quiet, at least for now. Directing rhetoric toward her only keeps her in the news and justifies to her supporters that there is an element of fear.
One must also ask the question why do those that detest the capitalist system actually live in a capitalist society.
at 15:32 on July 31st, 2009
Those systems were not Communist. Communism has never esisted on this Earth nor will it due to human nature. A totalitarian dictatorship, which is what every country that claims to be communist has, is the exact opposite of Communism. Communism has no system of government. Marx and Engels devised it as an answer to the totalitarian oligarchy composed of the aristocracy that ruled Western Europe during their lives. Therefore, it has not worked because it was never applied by those who it was written for (Western Europe).
at 05:58 on July 31st, 2009
Better still why do those who repeated diatribes against a Capitalist Society yearn by hook or by crook to immigrate to a capitalist society? Certainly Hypocritical of them if you ask me! Their Commie Society has never worked and never will.
By the way, I would so wreck Palin, she is friggin hot!
at 15:35 on July 31st, 2009
See above. I'm too tired to type it anymore.
at 06:01 on July 31st, 2009
The death of the Aral Sea, Chernobyl, the hidden previous accidents at nuclear power plants: yes, heart is necessary, but socialism doesn't guarantee heart.
In fact, the miners of the Soviet Union had injury and death rates far higher than US miners where a democratic government backed unions on the improvement in mining conditions, right down to the elimination of the dust that caused black lung.
So, why doesn't the Chinese Socialist government have safer mining conditions than their American counterparts? Where is the heart in a system that is free from the compulsion to make money?
Simple. There is no free press. There are no opposition parties. There is little or no accountability from the government.
Let's put heart and conscience back in the system, yes, but socialism practiced in the Marxist-Leninist model does not create a system that is conscientious, while using the free press and unions, you can improve industry.
Germany has done an amazing job of going green beginning in the 1990s according to the book, Natural Capitalism.
at 07:13 on July 31st, 2009
Both extremes have systemic issues - unfettered capitalism is a great producer of wealth, but struggles with distribution of the bounty and poor social policy (such as the health debacle). Communism is a highly ineffective producer of wealth, and rapidly becomes inefficient in distribution of the meager amounts is produces given its social obligations (i.e. also poor health services as it has limited medical supplies, facilities etc)
However, in the middle in some hybrid-fashion there are possibilities. We can learn from the Scandinavian countries on how the provision adequate services to the population, through a common acceptance of taxation to fund social policy. We can look at Norway who rather than spend all its wealth created a central fund, made strategic investments internationally to continue the country's development. Perhaps we can learn from Germany on how to handle unemployment, France as to fiscal regulation frameworks and on
Somewhere in a blended form of socially responsible capitalism, and it already exists in some places where the recession has been much softer on its inhabitants, that an answer may be found. Generally, extremism of any ilk - fee market or total state control - tends to be problematical, but by taking the best of each maybe be a viable option
at 09:20 on July 31st, 2009
Most European countries and Canada have some form of socialism. In Canada along with Health Care we also have the Canada Pension Plan (similar to Social Security in the U.S) This can be drawn at a reduced rate at age 60. The plan also includes a disability pension and a widows/widower allowance and child allowance.
At age 65 Canadian are eligible to Old Age Security and Supplement (based on income). Both Canada Pension and Old Age Security receive a cost of living allowance.
I agree with your premise that a capitalist system must have a safety net for the less fortunate.
at 13:43 on July 31st, 2009
Why do communists countries have to erect walls and threaten to kill their own citizens just for trying to leave? At least in capitalistic-democratic countries you are free to leave if you don't like it. I am pretty sure N. Korea or Cuba will take you in (but you may stave to death, live in a shack with no clean water or fresh food). But hell as Mao said "The power of communism comes from the barrel of a gun."
at 15:33 on July 31st, 2009
How ignorant must you people be to not reckognize that there has never been anything but psuedo-communism in action. An oppressive totalitarian regime is not Communism. It is what Marx and Engels were trying to eradicate.
at 17:23 on July 31st, 2009
Thanks for all the comments, and recommendations - but I see that our right-wing friend have missed the point.
This post, if you had read it correctly was about how capitalism cannot die - just yet. People are not educated enough for Marxism or Communism to kick in - though, if you did take any time of your day to read, read Marx - he has just about called all the crises etc up to press, not in the prophet way but by saying that history will show this and this happening.
Marx and Engels looked at society as a science and not just a random thing. As an aside there, I would strongly advise you to read the Foundation series of books by Isaac Asimov.
Now, further to our right-wing "capitalist" friends - you are here screaming that communism, socialism doesn't work - well from what you have been taught - it never can, all socialists will tell you the same thing.
Socialism, which does make me giggle at the hard working capitalists, says that you will work or get nothing, the production of all goods will mean that you can work smarter, and less hard for the same things.
If anything, socialism will mean over production on a massive scale so everyone has everything they need! Capitalism is quite the opposite, it slows down or stops production to make you spend money at over inflated prices.
It also says that you work for your local community - not for the State - that is Statism and totalitarianism, not socialism. Democracy, under socialism isn't about electing a government on the State level, it is about electing those close to you to run the means of production by way of an elected boss - you, the people, can fire them at any time.
Just for a read - if you can be bothered this
What is more surprising is that you missed the point about Sarah P and her 'socialist' ways of utilising the means of production to give money back to the people of Alaska.
Amazing, eh!?
Capitalists rape your wallets, the right-wingers - and you agree with them!
People, eh?
at 03:34 on August 1st, 2009
Just to set the record straight, I have read "Das Kapital" in its entirety in its original language. I stand by my assessment that it is Utopia. Secondly I am not a right wing. I believe in a mixture of socialism with capitalism. Thirdly as far as Palin is concerned I missed nothing. I know very well what she did in Alaska. Notwithstanding, she is still gone from the political scene for now.
at 11:36 on August 1st, 2009
People are not educated enough for communism? WTF? So in your mind the world would embrace communism if only they were more "educated"? I can't wait to hear all about the "education" you think would turn free people into willing slaves to "the common good". I guess you know better than all the most educated scholars in the world. So, enlighten us; we await the secret......
at 14:04 on August 4th, 2009
I believe what The Cynic meant was that most peeople do not know what Communism is. They look at North Korea, China, Cuba, etc and say "that is Communism, why would anyone want that?" Whereas, the case is those nations could not be farther from Communism. Nor should they attempt to be for Communism was written for Industrial Europe.