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#capitalism

161 posts88 participants5 posts today

WTAF? DID I HEAR THIS RIGHT? CAPITALISTS ARE ACTUALLY PEDDLING A “PRETIREMENT”?!? ARE THESE FUCKERS MOVING THE GOALPOSTS AGAIN?!?

and yes, am that yellie 😡

UPDATE: yup. this is a thing. the ad basically made it sound like if you didn’t have an investment portfolio by now, you would never be able to retire. don’t know if it was a company peddling services or part of this ad Council industry ad.

thisispretirement.org/

A woman looking off into the distance confidently in a downtown area.
Ad CouncilThis Is PretirementIt's time to start small and think big No matter where you are in preparing for retirement, there are small steps you can take during your Pretirement…
#tv#ads#baseball

Karl Marx in America

Andrew Hartman

(University of Chicago Press)

The vital and untold story of Karl Marx’s stamp on American life.

"To read Karl Marx is to contemplate a world created by capitalism. People have long viewed the United States as the quintessential anti-Marxist nation, but Marx’s ideas have inspired a wide range of people to formulate a more precise sense of the stakes of the American project. Historians have highlighted the imprint made on the United States by Enlightenment thinkers such as Adam Smith, John Locke, and Thomas Paine, but Marx is rarely considered alongside these figures. Yet his ideas are the most relevant today because of capitalism’s centrality to American life.

In Karl Marx in America, historian Andrew Hartman argues that even though Karl Marx never visited America, the country has been infused, shaped, and transformed by him. Since the beginning of the Civil War, Marx has been a specter in the American machine. During the Gilded Age, socialists read Marx as an antidote to the unchecked power of corporations. In the Great Depression, communists turned to Marx in hopes of transcending the destructive capitalist economy. The young activists of the 1960s were inspired by Marx as they gathered to protest an overseas war. Marx’s influence today is evident, too, as Americans have become increasingly attuned to issues of inequality, labor, and power.

After decades of being pushed to the far-left corner of intellectual thought, Marx’s ideologies have crossed over into the mainstream and are more alive than ever. Working-class consciousness is on the rise, and, as Marx argued, the future of a capitalist society rests in the hands of the people who work at the point of production. A valuable resource for anyone interested in Marx’s influence on American political discourse, Karl Marx in America is a thought-provoking account of the past, present, and future."

press.uchicago.edu/ucp/books/b

University of Chicago PressKarl Marx in AmericaThe vital and untold story of Karl Marx’s stamp on American life.   To read Karl Marx is to contemplate a world created by capitalism. People have long viewed the United States as the quintessential anti-Marxist nation, but Marx’s ideas have inspired a wide range of people to formulate a more precise sense of the stakes of the American project. Historians have highlighted the imprint made on the United States by Enlightenment thinkers such as Adam Smith, John Locke, and Thomas Paine, but Marx is rarely considered alongside these figures. Yet his ideas are the most relevant today because of capitalism’s centrality to American life.   In Karl Marx in America, historian Andrew Hartman argues that even though Karl Marx never visited America, the country has been infused, shaped, and transformed by him. Since the beginning of the Civil War, Marx has been a specter in the American machine. During the Gilded Age, socialists read Marx as an antidote to the unchecked power of corporations. In the Great Depression, communists turned to Marx in hopes of transcending the destructive capitalist economy. The young activists of the 1960s were inspired by Marx as they gathered to protest an overseas war. Marx’s influence today is evident, too, as Americans have become increasingly attuned to issues of inequality, labor, and power.   After decades of being pushed to the far-left corner of intellectual thought, Marx’s ideologies have crossed over into the mainstream and are more alive than ever. Working-class consciousness is on the rise, and, as Marx argued, the future of a capitalist society rests in the hands of the people who work at the point of production. A valuable resource for anyone interested in Marx’s influence on American political discourse, Karl Marx in America is a thought-provoking account of the past, present, and future of his philosophies in American society.  
#USA#Marx#History

Capitalism has nothing to do with democracy. In fact, capitalism functions best when democracy cannot interfere.

That’s why — putting their dishonest and misleading rhetoric aside — capitalists *always* oppose democracy and will seek to shut it down.

They’ll keep up the pretense, waving a flag of freedom, while in reality disabling democratic processes and choking freedom out of existence.

Ask the average person on the street, are you worried about the climate crisis, and most people will say they are. If you ask should their governments be doing more, nearly all will say they should. And a strong majority worldwide are in favor of a quick transition away from fossil fuels.

SEE ➡️ undp.org/press-releases/80-per

The people of the world want action. So why isn't it happening?

Because the people are not in charge. Our system is controlled by a tiny minority of plutocrats who profit enormously from continued economic growth, from the cancer of capitalism.

We need system change.

UNDP80 percent of people globally want stronger climate action by governments according to UN Development Programme surveyThe biggest ever standalone public opinion survey on climate change, the Peoples’ Climate Vote 2024, conducted for the UN Development Programme (UNDP) with the University of Oxford, shows 80 percent – or four out of five - people globally want their governments to take stronger action to tackle the climate crisis. Even more - 86 percent - want to see their countries set aside geopolitical differences and work together on climate change. The scale of consensus is especially striking in the current global context of increased conflict and the rise of nationalism.

I don't have any problem with a market economy, per se, but I do have a BIG problem with #capitalism.

In my version of a market economy, people can own and run small companies, hire employees, set prices, make a profit... that's all fine. But they can't buy their competitors and either take them over or put them out of business. They can't open franchises, where they sell (or rent) the right to operate a different company with the same name. They're not allowed to buy their suppliers and create a conglomerate. They aren't permitted to grow so large that the market no longer operates fairly. And every business owner's wealth will be capped with a highly progressive tax structure (which is the price of using the commons to turn a profit).

In my version of state socialism, there is no accumulation of capital, and thus no capitalism. All large industries and large-scale services are socialized, owned by the people and managed by the state (or by worker cooperatives, where practical).

So, the marketplace as such is not the problem, nor is it the cause of all our ills — of gross inequality and climate-wrecking overshoot — the problem is capitalism.