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The need for a financial system that supports British national industrial development is becoming a regular topic of conversation throughout the country. How to run industry and finance without capitalism was one of the things the Bolsheviks learned how to do in the Soviet Union after the October Revolution, and we can learn something from studying how they did it.
Lately we have been hearing a great deal about “blowback.” But the real menace we face today is global rollback. The goal of conservative rulers around the world, led by those who occupy the seats of power in Washington, is the systematic rollback of democratic gains, public services, and common living standards around the world.
As the commentary around the recent deaths of Nelson Mandela, Amiri Baraka and Pete Seeger made abundantly clear, most of what Americans think they know about capitalism and communism is arrant nonsense. This is not surprising, given our country’s history of Red Scares designed to impress that anti-capitalism is tantamount to treason. In 2014, though, we are too far removed from the Cold War-era threat of thermonuclear annihilation to continue without taking stock of the hype we’ve been made, despite Harry Allen’s famous injunction, to believe. So, here are seven bogus claims people make about communism and capitalism.
Curated by jean lievens
Economist, specialized in political economy and peer-to-peer dynamics; core member of the P2P Foundation
Anders en beter
Met P2P voorbij markt en staat: voor een progressieve coalitie rond de commons. Met nieuws over op p2p gebaseerde praktijken en hoe de overheid, de politiek en de zakenwereld ermee (kunnen) omgaan...
money money money
on money and what it is
From the Great White Way to the West-End and beyond
on peer-to-peer dynamics in politics, the economy and organizations
Not TINA (There Is No Alternative) but TAPAS: THERE ARE PLENTY OF ALTERNATIVES