Stephen J. Fortunato Jr.
Ken Collier raises concerns about increased rent, transportation costs, etc., that surely must be addressed theoretically and pragmatically in any push for a guaranteed annual income. Political realities, however, do not mean that socialists should take the GAI off the table or abandon living-wage campaigns or any other struggle for social justice… | more |
Twenty-first century capitalism is not an improved and benign version of its nineteenth- and twentieth-century manifestations, nor will it ever be, despite daily bluster by the system’s practitioners and apologists that a rising tide of prosperity will soon lift all boats. The animating principles of capitalism governing the pursuit of profits are as hollow and iniquitous now as they were in 1848, especially where human exploitation and the distribution of wealth are concerned. As super-capitalist Warren Buffett remarked recently in a trenchant understatement: “A market system has not worked well in terms of poor people” (The New York Times, June 27, 2006)… | more |
“Theory becomes a material force,” wrote Karl Marx, “once it seizes the masses.” The obverse is also true: if theory does not “seize the masses,” it becomes impotent and irrelevant. Today, in the United States and many other countries, a socialist critique has been excluded from political and popular debate regarding critical economic and social problems. One reason for this is the domination of the mainstream media by corporations, but the existence of a capitalist propaganda mill does not absolve socialists for failing to translate their trenchant and sound observations about the existing social and political order into language that will resonate with the values of the readers or listeners who are the putative beneficiaries of any socialist transformation… | more |