Discover and read the best of Twitter Threads about #RIPCapitalism
Most recents (2)
Capitalism is inherently & by-definition:
• Anti-democratic
• Alienating
• Inequitable & unfair
• Environmentally destructive
• A zero-sum game that rewards the worst & punishes the best of humanity
An economic primer on capitalism #RIPCapitalism 1/12
• Anti-democratic
• Alienating
• Inequitable & unfair
• Environmentally destructive
• A zero-sum game that rewards the worst & punishes the best of humanity
An economic primer on capitalism #RIPCapitalism 1/12
Democracy means those affected by decisions get to have a say in those decisions.
Capitalism, from its top-down workplaces to its market system which exclude all affected by transactions other than the buyer & seller are inherently anti-democratic. 2/12
Capitalism, from its top-down workplaces to its market system which exclude all affected by transactions other than the buyer & seller are inherently anti-democratic. 2/12
Markets are inherently anti-democratic because they externalize & even *incentivize* the externalization of those affected by transactions from having any say in those decisions, i.e., it incentivizes anti-democracy. #RIPCapitalism 3/12
Would it surprise you to know that almost every Democratic plan for the development of "green" technology to fight climate change also includes a heavy IP protection regime, thereby ensuring limited access and deployment to world-saving innovations?
Mandatory IP protections on green technology are one of the sharpest, most obvious illustrations of how capitalism is pits us against the environment. Late capitalism also values the imaginary good (intellectual property) over actually manufacturing the stuff that IP describes
The ultimate irony of various trade deals where we gave up manufacturing capacity in exchange for global intellectual property protections (besides widespread unstoppable piracy, of course) is that it was used to invert and hollow out US corporations
