“Canadian Perspectives 2009: The Failure of Capitalism and the Need for a Socialist Alternative”

Facebook readers: this post came from my official blog; the auto-transfer to FB tends to strip any embedded images.)

michael-hacker-capitalism1This will be a quick post by me; I can discuss my thoughts on this at great length, but I think it’s more important that one just simply read this fantastic article:

“Capitalism has failed. This fact conditions all future developments.

Since the fall of the Soviet Union, all the mouthpieces of capitalism repeated the mantra, ‘socialism has failed, capitalism has won, there is no alternative.’ Francis Fukuyama declared it was ‘the end of history.’ Free-markets, privatization, corporate tax-cuts, deregulation, and outsourcing were seen as the only way forward. In short, there was a massive transfer of wealth from the poor to the rich. The workers had lost and there was very little pity from the victors.”

It is kind of a long article, but please don’t let that dissuade you from reading–it has excellent material from beginning to end, especially as the thesis starts to really pick up steam about halfway through. This article is vital for anyone of any political bent: If you’re a die-hard capitalist, this article may give you a better understanding of real socialist perspectives so you can fight against actual socialism (if you continue to wish to do so) and not some false cartoon propaganda mockery of socialism that hasn’t existed since Stalin; people curious about what socialism is all about, this will give you a great, practical, real-world idea; socialists, well, I don’t need to say anything to you. 🙂

Bottom line: anyone interested in what’s going on in politics and economics lately, and what the future may hold, should read this article. As Kim Stanley Robinson mentioned a couple of weeks ago, humanity’s survival may depend on becoming post-capitalism!