Vermont Commons: The Decay of Capitalism
By Ari | May 6, 08 11:05 AM
Richard Davis's short opinion piece, The Decay of Capitalism, sums up how I've been feeling about the state of world affairs for a long time. Back when I read (parts of) Marx's Capital in school, I remember this graph showing capitalism's inevitable crash - there are only so many workers and resources to exploit before you run out of room for profit and the whole thing has to come tumbling down. I think this article does a good job of tying it all together, from fuel prices to the mortgage crisis to the healthcare industry's problems: "How did we get to the point where we replaced ethical principles and a sense of common good with profits at any cost? It is the natural evolution of the capitalist system in societies without a soul."
Lest this post sound too depressing: let's not forget that people are (and have been for some time) constructing socialist alternatives all over the world. Read Zapatista Encuentro: Documents from the Encounter for Humanity and Against Neoliberalism, La Realidad, Mexico for just one glimpse of the new worlds being forged to take the place of the old.
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