Article 4H0ER Capitalism isn't 'broken'. It's working all too well - and we're the worse for it | Maria Svart

Capitalism isn't 'broken'. It's working all too well - and we're the worse for it | Maria Svart

by
Maria Svart
from Economics | The Guardian on (#4H0ER)

Exploitation is a feature of capitalism, not a bug. Our economic system is beyond salvage

Capitalism is not broken. It is working all too well, concentrating money in the hands of the few by exploiting the work of the many.

Runaway climate change, war, mass migration, widespread poverty and ever-increasing authoritarianism are the inevitable results of an economic system that rewards corporate actors for their absolute commitment to profit, regardless of the broader consequences.

Exploitation is not a bug in capitalism, it is a feature

Maria Svart is the national director of the Democratic Socialists of America (DSA)

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title Economics | The Guardian
Feed Link https://www.theguardian.com/business/economics
Feed Copyright Guardian News & Media Limited or its affiliated companies. All rights reserved. 2025
Reply 0 comments