“I tried listening to the episode on capitalism, technology, and the environment, but it was a joke. The guest MIT economist was making 300-year old arguments from Adam Smith in support of capitalism that have been debunked by Marx, Luxemburg, Lenin, and other non-bourgeois economists. He seemed to conflate capitalism with markets (one is a system of production, the other of distribution) while falsely dichotomizing capitalism and cronyism/corporatism. He argued, with I assume a straight face, that capitalism is the best system for delivering goods and services. Really? So everyone in the US who needs whatever medications to survive can easily afford and obtain them? Everyone who wants to work has a job? There’s no better way of delivering food and shelter to people? Come on! Also, try reading Engels’s “On the Condition of the Working Class in England” before talking about how great the industrial revolution was for everyone.”
F sub G via Apple Podcasts ·
United States of America ·
10/05/19