Capitalism Cannot Be Reformed | Mickey Z.

[Tace]

Photo credit: Mickey Z.

Mickey Z. -- World News Trust

Aug. 23, 2013

“The essence of capitalism is to turn nature into commodities and commodities into capital.”

- Michael Parenti

While anyone paying an iota of attention could recognize that “separation of church of state” is more honored in the breach here in the Home of the Brave™, I’d further submit that the good ol’ U S of A is a genuine theocracy -- with the myth of capitalism firmly entrenched on the throne.

Even most activists willingly and counterproductively genuflect at the altar of profit margins.

Just like the mainstream folks they deride, so-called radicals parrot homilies passed down to them by their corporate commissars. Capitalism, we’re conditioned to believe, may need the occasional tweak and sometimes an overhaul but hey, it’s better than anything else out there!

Define “Inefficiency”
All of the above came to my mind as I re-read a pamphlet called “The Inefficiency of Capitalism: An Anarchist View.” The author (Brian Oliver Sheppard) opted to eschew the “usual, moralistic leftist critique of capitalism.” Instead, he tackled it “head on, on its own turf -- economics.”

While I’d question how “anarchist” his pamphlet is, Sheppard does highlight ten of the “most outstanding inefficiencies of capitalism”: product duplication, systemic unemployment, cost-shifting, waste of unsold goods, the inefficiency of hierarchies, planned obsolescence, price gouging, creation of false desires, parasitic “jobs,” and inefficient distribution patterns.

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http://worldnewstrust.com/capitalism-cannot-be-reformed-mickey-z

[Joe Shlabotnik]

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[antues]

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