HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Topics » Activism » Socialist Progressives (Group) » Is a socialist america a ... » Reply #8

Response to imthevicar (Reply #4)

Tue Feb 17, 2015, 07:38 AM

8. Defeatism is always tempting.

But you are right on one thing. Capitalism is no longer doable. What we have is crony capitalism, and Citizen's United is essentially the constitution of crony capitalism. But crony capitalism is 1) very inefficient -- by the standards of pro-capitalism neoclassical economics! See Stiglitz' The Price of Inequality on that; 2) also increasingly unstable as inequality increases. (Stiglitz, who believes that capitalism can and should be saved, has no solution. Keynesian economics can trim the sails -- but when the mainmast is overboard, there are no sails to trim.)

But on your other point -- only half right. Soviet-type socialism is not doable, I agree -- except perhaps as a temporary emergency measure. But that has never been the only plan for socialism. A socialism based on decentralized worker-control and planning from the bottom up can give us a future worth having.

As a Fabian socialist, my hope is that the self-destruction of capitalism can be foreseen and avoided by building socialism through democratic processes. I admit my hopes on that score are less than they were. The alternative -- self-destructive collapse of capitalism followed by revolution "like kicking in a rotten door" -- would mean a terrible life for our children, though our grandchildren could reap the benefits. For our children's sake, we need to get out there and change minds, despite the obstacles created by Citizens United and all the other advantages that the billionaire class has. And make no mistake -- I am old enough to remember the eighties and nineties -- neoliberalism does not have the momentum it had. People are looking for some answers. Don't give up.

Reply to this post

Back to OP Alert abuse Link to post in-thread

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 22 replies Author Time Post
Kevin from WI Feb 2015 OP
TexasTowelie Feb 2015 #1
Depaysement Feb 2015 #2
newfie11 Feb 2015 #3
imthevicar Feb 2015 #4
LineLineReply Defeatism is always tempting.
rogerashton Feb 2015 #8
imthevicar Feb 2015 #10
rogerashton Feb 2015 #13
imthevicar Feb 2015 #19
rogerashton Feb 2015 #20
Demeter Feb 2015 #5
imthevicar Feb 2015 #21
Martin Eden Feb 2015 #6
harun Feb 2015 #7
wyldwolf Feb 2015 #9
Erich Bloodaxe BSN Feb 2015 #16
Scuba Feb 2015 #11
vlyons Feb 2015 #12
RedstDem Feb 2015 #14
Starry Messenger Feb 2015 #15
socialist_n_TN Feb 2015 #17
TBF Feb 2015 #18
2banon Feb 2015 #22
Please login to view edit histories.