| ▲ | Libidinalecon 2 hours ago | |
We need to stop painting with the wide brush of "capitalism" like this. This is not capitalism vs socialism. You are describing neoliberalism. A good place to start is the Wendy Brown book Undoing the Demos. The subtitle is "Neoliberalism's Stealth Revolution" There is no way to change and fight back against something when we are so confused what we are even fighting against. No one is really against market prices. They are against these insane, distorted, neoliberal ideas that apply the efficient market hypothesis, "the market is always right" to non-markets. Or using the efficient market hypothesis as a pseudoscientific moral justification for bad behavior. Most importantly is that there are a ton of people that actually believe this bullshit. If a process causes number to go up then the process must be morally good because "the market is always right". Obviously, if the process was morally bad number go down because "the market is always right". This is the 21st century American religion. Railing against "capitalism" just causes those hypnotized by neoliberalism to completely tune out before you even get to the ism in "capitalism". | ||