“The wolf is welcome to stay, so long as it doesn’t plan to eat”
Unfortunately, controlling, abusing and extracting everything is the sole purpose of capitalism.
Marx recognized it as a socio-economic improvement over feudal aristocracy, as capitalists generally recognize the value of social investment for private accumulation. Historically, aristocrats chronically under-invested in anything except a military for more real estate accumulation.
But capitalism accumulates only to the individual, which renders it a long term hazard to social progress. If your only concern is personal wealth accumulation within a single human lifespan, the machinery of economic progress devolves into an engine of speculative and fictitious investment.
You need a social movement with leadership capable of planning intergenerationally to own and operate the machinery of capital. That is what the Soviets struggled to create. And it is what modern socialist institutions ultimately pioneered. The surviving post-Cold War socialist states are these ideological seeds that are prepared to leapfrog the dinosaur of state-capitalism.
“The wolf is welcome to stay, so long as it doesn’t plan to eat”
Marx recognized it as a socio-economic improvement over feudal aristocracy, as capitalists generally recognize the value of social investment for private accumulation. Historically, aristocrats chronically under-invested in anything except a military for more real estate accumulation.
But capitalism accumulates only to the individual, which renders it a long term hazard to social progress. If your only concern is personal wealth accumulation within a single human lifespan, the machinery of economic progress devolves into an engine of speculative and fictitious investment.
You need a social movement with leadership capable of planning intergenerationally to own and operate the machinery of capital. That is what the Soviets struggled to create. And it is what modern socialist institutions ultimately pioneered. The surviving post-Cold War socialist states are these ideological seeds that are prepared to leapfrog the dinosaur of state-capitalism.
Problem is we have to invest in the people and see their wellbeing as a moral good, not view them as labor to be exploited.