Tag Archives: capitalism

Questioning capitalism

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Since the heyday of McCarthyism, any suggestion that capitalism is flawed has been met with overt hostility. In the United States, capitalism has become more a religion than an economic system.

There’s recently been much ado about millennials preferring socialism to capitalism, but what many commentators are overlooking is that people aren’t railing against markets, they’re sick of living with “cancer as the model of our social system.” You can wrangle definitions, but at the end of the day capitalism isn’t the only way to have a market.

Citizens from all over the political map see problems with increasing economic disparity but are laying the problems at the feet of different political scapegoats. The left blames the rich, and the right targets government as the source of their woes. If we take a step back and look at the situation, a clearer picture emerges. The collusion of big government and big business has formed one of the strongest corporatist government/economic hybrids the world has ever seen, excluding perhaps the Dutch East India Company.

A comic I blatantly stole from the internet. I can't read the signature, so if it's yours I can take it down if you don't like it here.

A comic I blatantly stole from the internet. I can’t read the signature, so if it’s yours I can take it down if you don’t like it here.

In the richest country the world has ever known, why are there people dying because they can’t afford their medicine while billionaires have so much money they don’t know what to do with it all? I don’t believe that taxing the rich is the answer. Rethinking our economic system is. As one person said, “If you’re talking about wealth redistribution, you’re already too late.”*

Capitalism as it’s currently practiced in the United States, where “all animals are equal, but some animals are more equal than others,” is reaching a breaking point. Cutting back federal programs could allow subsidiarity to guide more tailor-made policies crafted at a local level. Even environmental protection can be carried out as compacts between states as has been done with the Regional Greenhouse Gas Initiative (RGGI). Our current reliance on the federal government for regulations has led to a regulatory monoculture that allows national and international megacorps to grow out of control. This would be a lot less likely if companies had to meet 50 different sets of business regulations or even more in state’s that don’t restrict municipal regulations through use of the Dillon Rule.

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In 1888, Benjamin Tucker defined two forms of socialism: state socialism, and what is today known as anarcho-socialism. His essay reads as a prophecy of the horrors committed by the USSR in it’s pursuit of “equality.” It also shows that even 130 years ago, socialism didn’t have one “correct” definition. A lot of the tension in US politics right now is from people using the same words to mean different things. In a living language such as English, this isn’t unexpected. If we spent a little more time listening before opening our own mouths, we might find we have more in common than we think.

As someone who grew up as a devotee of free market capitalism, I’ve grown more and more suspicious that any one economic ideology is really suited for something as complex as human society. Maybe capitalism can be reformed, but dismissing alternatives out of hand is not a responsible way forward when we’re discussing something that so greatly influences the outcomes of people’s lives. No one is suggesting Soviet-style socialism, so conservatives should stop using the USSR as a bogeyman to distract from good-faith conversations regarding postcapitalism. Capitalism served us well for a time, but that doesn’t mean it’s the end of economic evolution. As they say, “Insanity is doing the same thing over and over again and expecting different results.” Capitalism as it is has failed marginalized groups as it was designed for wealthy white people. This is evident in prison slavery and the continued existence of tipping for service work in the United States. I think we can do better for a solarpunk future.

Are you critical of capitalism? Do you still believe that markets are an effective tool for managing scarce resources, or have you seen something else that could help us manage those things that still can’t be produced in abundance? Let us know below!


* I heard this attributed to the CEO of Mondragon, but can’t seem to find it anywhere, so consider it apocryphal for the time being. It might originally be in Spanish or Basque, so if anyone out there has seen the original, let me know and I’ll update this article.

Maintaining the Means of Production

As I reflect on 2019, I’m thinking of how everyone likes to talk about seizing the means of production being the path to freedom, but nobody ever really talks about maintaining it.

Various tools laid out on a piece of wood

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For me, a solarpunk future is one where we can locally produce most of the things we need. Ideally, this would be from predominantly local materials, but some things would undoubtedly need to trade from one region to another. I envision a future with a much lighter international trade footprint than we have now, restricted to mostly raw materials exchange for digital manufacturing and handicrafts.

One of the things you quickly realize as you move away from the dominant throwaway culture is that maintaining the items you have takes work. I don’t know if it’s always been this way, but people who work in maintenance are typically not well thought of in Western society. The plumbers, cleaning staff, and garbage haulers are somehow lesser in our culture’s eyes than a lawyer or engineer, resulting in depressed wages for many in these professions. This is pretty messed up since maintenance staff are the ones filling the most critical functions of our society. There’s an emphasis on the new and shiny, that is also exemplified by the poor state of infrastructure in the US while we continue to build new roads and highways.

Douglas Adams included an aside in The Hitchhiker’s Guide to the Galaxy about how one civilization was destroyed when it decided it no longer needed it’s telephone sanitation workers. While it’s a bit of an absurd example, just think about who you’d rather have still working during some sort of crisis – the trash collector or a lawyer?

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There are so many jobs in the current economy that only exist because of capitalism’s insistence that everyone needs to work for a living even when there are plenty of resources for everyone to have the basics. We’ve designed a hedonic treadmill where we make up unnecessary jobs so people can buy things they don’t need and corporations can extract profits from our communities. I know I’ve personally had a lot of jobs that weren’t adding value to the world, and I would’ve dropped them in a second if I hadn’t needed to make rent. That said, I also definitely have a bunch of things that I’ve bought that seemed like a good idea at the time but are now just clutter in the apartment. It’s easy to say that better spending habits would make it easier to make ends meet, but making that a reality when you’re inundated with advertising every day makes it easier said than done.

I hope a solarpunk future will have a lot less waste and a lot more genuine activity. Maybe a popular activity for lunarpunks would be to clean solar arrays in the night so they’ll be operating at maximum efficiency in the morning, or tidalpunks working on corrosion mitigation in coastal communities would be highly regarded members of the town. In the past year, I’ve repaired a couple cellphones, numerous bikes, performed various software and hardware upgrades on computers, and have been nursing my 3D printer back to health after it caught fire in March. I also helped out with two Repair Cafés here in town, repairing all sorts of different things. I haven’t been disparaged for being a fixer, and most people seem surprised or impressed when a gadget or garment can be brought back from the brink with a simple repair. Repairing objects can bring communities together, and I’d really love if we could extend that wonder and respect to all the people that keep society humming. If you are one of these unsung heroes, you have my thanks and respect.

Do you have any ideas on how to generate more respect and appreciation for those who maintain our society? Please let us know below!


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The Rules: Capitalism, UBI, and the Blockchain

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The Rules Blog recently posted an excellent piece about the relationship between extractive capitalism, universal basic income (UBI), and blockchain technologies. Climate change, pollution, and exploitation of the workforce are largely a function of the incentives baked into the current version of centralized currency and capitalism that we have today. Blockchain technology and cryptocurrencies offer a beacon of hope that by wresting control of money away from centralized governments and big banks we can remake the economy in a way that serves the people instead of the current system where people serve the economy.

While governments dicker about the merits of UBI and small-scale experiments are starting in some jurisdictions, the blockchain community is already developing some cryptocurrencies with UBI built in. The people writing at the Rules Blog have connections to one of the solutions, Circles, but many others exist such as Manna* and UBU. A short list can be found in this Reddit post.

As I mentioned before, the best chance for UBI in the United States is the FairTax. I think that circumventing the ponderous bureaucracy of government will probably result in a more expedient and fair system than anything we would get from Washington. The other advantage of blockchain-based systems is that they will be truly international and not locked down by the draconian laws of any one given government.

What do you think? Is blockchain over-hyped? Is it the next big thing? Sound off below, and thanks for visiting!


*Affiliate link – I may receive extra Manna if you sign up for the Manna UBI project through this link