Raw Report: The End Of Capitalism Has Begun
One of the most interesting articles around, trying to define the current state of politics and macro economics. It is really well written and has some clear cut perspectives worth thinking about if you are interested in the future of society (and a new economic system).
”Capitalism, it turns out, will not be abolished by forced-march techniques. It will be abolished by creating something more dynamic that exists, at first, almost unseen within the old system, but which will break through, reshaping the economy around new values and behaviours. I call this postcapitalism.”
The red flags and marching songs of Syriza during the Greek crisis, plus the expectation that the banks would be nationalised, revived briefly a 20th-century dream: the forced destruction of the market from above. For much of the 20th century this was how the left conceived the first stage of an economy beyond capitalism.