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“Socialism” vs. “capitalism”: what left and right get wrong about the debate - Vox
On this score, Williamson insightfully chalks up the current appeal of both socialism and Trump’s mercantilism to the urgent human desire to be insulated from the anxiety of uncertainty, and suggests that the libertarian idea that “The free market will take care of it, or private charity will” is the right-wing analogue to socialist wishcasting about bottomless budgets and technocratic omnicompetence. It is a fantasy vision incapable of answering deep-seated anxieties about dislocation and loss ...
capitalism  socialism 
3 days ago by elrob
Who’s the Real Ideologue? On Jordan Peterson’s Communist Art Collection | Frieze
In statements like these, Peterson relies on a Cold War caricature of Socialist Realism, casting it as uncreative hackwork forced upon artists who served as little more than cogs in a machine. Yet Socialist Realism was never the monolith that the Cold War view would have us believe. From the mid-1930s on, Soviet cultural policy dictated that art must be committed to the ‘true, historically precise representation of reality in its revolutionary development,’ but how to interpret this contradictory brief was the subject of ongoing debate and contestation throughout the entire Soviet era. No doubt Soviet artists faced extraordinary censorship, and there could be harsh consequences for falling on the wrong side of official tastes at a given moment. But contrary to the typical reading of Socialist Realism as a single totalitarian aesthetic imposed from above, Soviet artists played an active, and in many cases fully willing, role in determining how officially-mandated concepts like partiinost (party-mindedness) and narodnost (the spirit of the people) should be formally and materially expressed.
art  ussr  socialism  propaganda 
3 days ago by max_read
The story of Thunder Bay’s socialist Finnish restaurant | TVO.org
"The Hoito lowered its prices once a reserve fund exceeded a certain sum and then increased them in leaner times. Customers who purchased weekly meal tickets were entitled to three meals a day, plus coffee and pastries between meals. Customer-owners were eligible to elect and serve on a board of directors. Many customers were itinerant workers without fixed addresses, so they had their mail sent to the Hoito." WE NEED MORE OF THESE!!!!
ThunderBay  socialism  Finns  restaurant  goodthinking  food 
4 days ago by emily
Business should listen to America’s new left | Financial Times
Many of the things that these new socialists want might even be good for the economy. Take healthcare. Recent polls have found that it is the top issue for voters. It is also the single biggest cost for many US businesses after wages. Health benefits now make up about 20 per cent of total worker compensation (up from 7 per cent in the 1950s). This contributes to wage stagnation and slower consumption growth.

Given this, as well as the fact that this is a competitive disadvantage for American business relative to global competitors based in countries with nationalised health systems, I am surprised that more American companies are not calling for single-payer healthcare.
socialism  usa  healthcare 
5 days ago by craigryan
How Labour Could Start to Solve Its Anti-Semitism Crisis - VICE
“time thinking about power relations between groups. Poor, weak countries bullied by the imperialism of aggressive wealthier powers; governments kowtowing to the whims of unaccountable lobbyists pushing the interests of brazen capital; the structural racism and sexism within Western society and its institutions.

And the problem which the left must address, if its fight for a more equitable society is to include Jews, is that a traditionally antisemitic worldview fits in very neatly into a leftist analysis of power structures. The German socialist August Bebel described antisemitism as "the socialism of fools", precisely because the wrong intellectual shortcuts can easily lead a dim leftist to the same conclusions as the far-right.

It is only a few steps from an interrogation of the influence of capital and lobbyists on governments to an interrogation of specifically Jewish capital and lobbyists on the functioning of the state. Denouncing military and economic superpowers bullying smaller countries into doing their bidding needs only a small prompt to include an outsize caricature of Israeli influence in international affairs, too.”
Ido_Vock  antisemitism  socialism  Labour  Corbyn  2018 
5 days ago by Preoccupations
Democrats More Positive About Socialism Than Capitalism
Democrats' positive views of capitalism have dropped significantly, and Democrats now view socialism more positively.
Gallup  poll  socialism  capitalism 
6 days ago by fareed
The Socialist Network: Are today’s young, Bernie-inspired leftist intellectuals really just New Deal liberals?
The term “capitalism”—like “socialism”—can’t be reduced to any simple fixed meaning. At its core, it refers merely to an economy based on market exchanges aimed at private profit. But a response like Liz Bruenig’s illustrates just how degraded the meaning of the word has become.

Here, again, liberals may want to turn their gaze inward. The conservative movement has faced little resistance to its successful rebranding of American capitalism as synonymous with a laissez-faire, dog-eat-dog form of competition, in which maximizing the ability of the rich to accumulate ever more wealth is seen as the only unmitigated economic good. This vision depends on propping up the myth of a market that’s as “free” from regulation as possible. It’s a myth because, in fact, there can be no such thing as a modern market in the absence of regulation of one sort or another, and many forms of commerce, like intellectual property, owe their very existence to government.

Yet modern liberals have overwhelmingly ceded the terrain. Rather than making the affirmative case for using government to structure and spur equitable markets, liberals tend to fall into the binary of a free market versus regulation. Instead of presenting a vision of how to use government to make markets work in the public interest, the message has too often been, “Capitalism is fine, we just need more regulations to patch up the failures.” Democrats, in other words, start with something that the left hates, and then add something that everyone hates.

Ultimately, the New Brandeis folks and the socialists may have more in common than they realize. They’re both rooted in the sense, largely ignored by mainstream liberalism, that it simply shouldn’t be possible for anyone to gain as much wealth and power as the richest corporations and individuals wield today. Call this feeling socialism, call it progressivism, call it liberalism; whatever you call it, it’s where anyone who wants to harness the energy behind the rebirth of American socialism needs to start.
capitalism  socialism  market  markets  economy  economics  left  rightwing  liberal  politics  usa  democrats  republicans 
7 days ago by msszczep

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