Hum Dinger
Gold Member
- Aug 19, 2008
- 11,510
- 4,151
We need a real ambition, but the ambition to return to normality within capitalism is surely no ambition at all. To be politically salient, the desire to return to “normal” has to be seen as an expression of desire for the good life — for us to escape hardship. “Normal” is used as shorthand because, whatever the miseries forced upon us by capitalist depredations, the memory of small day-to-day pleasures from pre-pandemic life contains hints of broader freedoms. Rather than yearning for normal, we should insist on the good by insisting on socialism.
![]()
We Don’t Want a Post-Pandemic “Return to Normal,” We Want the End of Capitalism
In 2022, we limped out of the pandemic frying pan into the fire of resumed capitalist crises. Popular yearning to “get back to normal” is a desire for the good life — and making such a desire a reality will require fighting for socialism.jacobin.com
"Capitalism" isn't the problem. "Capitalism" in the narrowest and accurate sense, means investing money for the purpose of making a profit, while supplying businesses with the capital they need to be dynamic. This benefits the economy and allows the individual to build equity.
Unfortunately, the term "Capitalism" has been misinterpreted. What we have had isn't "Capitalism" it's been "anything goes opportunism". We have not had "free-market", we have had "free-for-all-market". May the best thief win. What we need is "Fair-market", because you cannot have a truly "free-Market" unless you have a "Fair-market".
To transform the current opportunistic free-for-all market, we need severe government regulation. Stop assuming that allowing total economic freedom - only slightly regulated, when absolutely needed - will result in the best result. It has been a gross failure for the majority of the people and is creating a defacto world-wide neo-monarchy.
Instead, we should default to the assumption that people are thieves- and have no respect for the rights or welfare of others. Markets should have maximum regulation - liberalized as needed to maintain the goods parts of the free-market (competition and innovation for example).
Socialism - the government seizure and control of all economic assets - has already proven to be a complete failure (i.e. the Soviet Union and pre-1990s China). Socialism leads to economic stagnation and general poverty for all. It does provide only the most essential needs and services, and with that a sense of security. That security can be provided within a fair-market system while allowing a dynamic economy and universal prosperity.