Thursday, March 26, 2009

Oh for crying in a bucket, people ...

The reason we have blogs is so we can spout off whatever we think whenever we want. At least that's my reason. And here's my spout, in response to the following question posed By Matt Taibbi in this Rolling Stone article:
Does anyone know what the hell is going on? And on the linear spectrum of capitalism to socialism, where exactly are we now?
Bailing out capitalism to keep capitalism from eating itself does NOT equal socialism!! (See, I put that in bold because I'm yelling here).

Other than that it's a great article. It just kills me that everyone seems to think that what's happening right now is somehow aberrant, rather than just the normal boom-and-bust that's inherent to capitalism.

5 comments:

htrouser said...

I'm not a big fan of the Nation as I think it's a bit of an echo chamber, but you might find their recent forum on the future of socialism (and capitalism) interesting. Not Commie socialism, mind you, but still... Immanuel Wallerstein, for one, seems to think that capitalism is on the way out, at least over the next few decades. But with this whole thing it all, of course, depends what people mean by "socialism" and "capitalism", which seems to vary massively even in this forum.

Lisa B. said...

I'm so sure I would disagree vehemently with the way most Nation readers define socialism that I probably should just stay away from there ...

htrouser said...

Yeah, I'm not sure networks of community gardens count as socialism (as suggested in the piece in the series that argues that the revolution has already happened... you know, through community gardens and bike lanes). I'll stick to seizing control of the means of production. And I'm an avid cyclist.

I think I continue to call myself a social democrat for the same reason that I call myself an atheist: I don't think socialism = regulated capitalism, and I don't think "God" = the universe, love, etc. Sometimes it's important to respect the meaning of words.

Andria said...

If you think about it, our economic system is more like socialism for the very poor, socialism for the very wealthy, and capitalism for the middle class. So, I don't think that capitalism is failing in America- on the contrary, I believe it is our use of socialism that is failing.

Lisa B. said...

Except that socialism doesn't mean "sharing things." The key question to ask if you're wondering if an economic system is socialits or capitalist is: Who owns the means of production? Socialism is specifically a system in which the workers OWN the means of production. In other words, you need a revolution to get there.

Does anyone actually read Marx anymore?