Unveiling the Veil: The Paradox of Capitalist Realism

Zayd Muhamed
macropolitika
Published in
7 min readDec 22, 2023

In the realm of socioeconomic ideologies, the discourse surrounding capitalism often takes centre stage. It is hailed by many as an inevitable force, a reflection of the natural order of human nature. Proponents argue that, while imperfect, capitalism stands as the best economic system ever devised, presenting a pragmatic and unbiased reflection of the world’s workings. This narrative, deeply ingrained in popular consciousness, is reinforced through fear-mongering about the perceived horrors of alternative systems. This article delves into the paradoxical nature of capitalist realism, where the pervasive acceptance of capitalism as the default state of affairs conceals its ideological underpinnings.

The Illusion of Neutrality

Despite acknowledging the flaws and cruelties inherent in capitalism, a considerable number of people find solace in it as a comfort zone—a flawed yet protective shield against the uncertainties of radical change. The established order’s proponents, instead of extolling capitalism as ideal or wonderful, employ a strategy of comparative dismissal. They argue that, while imperfect, capitalism is preferable to the perceived evils of alternative systems, thereby lowering expectations as a small price for protection from terror and totalitarianism.

Capitalism as an Unnamed Deity

One of the most intriguing aspects of capitalist realism is its ability to present itself as non-ideological and inevitable. Capitalist ideology, pervasive and all-encompassing, manages to be both everywhere and nowhere, acting as a default state interwoven into the fabric of reality. The fear of change is heightened by framing any counter-proposition as deeply ideological, aggressively political, and utopian — imposed onto the presumed natural state of things.

Post-Ideological Landscape

In today’s world, ideology operates paradoxically, appearing as its own opposite. The predominant ideology isn’t a positive vision of utopian futures but a cynical resignation, an acceptance of the world’s perceived reality. The prevailing narrative suggests that all other solutions to human organization have been attempted and found wanting, painting them as broken and dystopian. Capitalism, therefore, emerges as the necessary evil, seemingly so inevitable that it doesn’t require explicit naming.

The Hegemony of Capital

The hegemony of capital has become so pervasive that it operates unnoticed, seeping into the airwaves of our social organism. Politicians and economists rarely use the term capitalism directly, as if assuming its unquestionable presence. This implicit acceptance has resulted in an environment where defending the established world order against potential alternatives is viewed as virtuous while opposing it is seen as treacherous and dystopian.

In the landscape of contemporary discourse, the notion of capitalism as an inevitable and natural order is deeply ingrained. To unravel the paradox of our present reality, where the unfreedom experienced under capitalism is perceived as a form of freedom, Mark Fisher’s concept of capitalist realism becomes a focal point, revealing how capitalism manipulates our understanding of history to establish itself as an omnipresent and objective truth.

The Power of Capitalist Realism

Capitalist realism’s potency lies in its ability to subsume and consume all of previous history, as described by thinkers like Deleuze and Guattari. Capitalism is depicted as a dark potentiality haunting earlier social systems — an untameable force that primitive and feudal societies sought to ward off. The prevailing argument asserts that human nature has always been inherently greedy, competitive, and profit-seeking, akin to the principles of capitalism. This narrative, however, is not only potentially flawed but also serves as a prime example of capitalist realism, convincing us that ruthless competition and greed are inherent aspects of our history and existence.

Monetization as a Business Ontology

The ideology of capitalist realism goes beyond justifying present economic hierarchies; it extends to presenting everything as monetizable, commodifiable, and sellable. This business ontology infiltrates our perception, treating everything as if it should be run like a business. However, it is crucial to recognize that businesses, at their core, embody dictatorial hierarchies — a fact often overlooked in the push for universal monetization.

A Historical Perspective

A closer examination of human society’s actual development reveals a diverse tapestry of economic systems and modes of production. Human history is marked by various epochs that outgrew preceding systems, with each carrying the seeds of its dissolution. While the capitalist mentality of unquestionable monetization is a part of our history, it represents only a fraction of the broader human experience. Mutual aid and cooperation have been equally pivotal in shaping societies, challenging the cynical outlook on The Human Condition.

Challenging the Notion of Inevitability

The argument that capitalism is a natural and unchangeable system because of certain aspects of human nature is akin to overlooking the complexities of historical evolution. Just because greed has existed throughout history does not warrant maintaining a system that rewards it. Capitalism is not a full reflection of humanity’s inherent qualities but rather a system that accentuates our worst tendencies. Drawing parallels to defending monarchies based on divine right, this article advocates for a nuanced understanding of the evolving nature of human societies and challenges the notion that capitalism is an unalterable truth.

In the ongoing discourse surrounding capitalism, a recurring question persists: Why do individuals ardently defend a system that, to many, seems riddled with flaws and inequities? Here we delve into the various reasons that contribute to the unwavering defence of capitalism, exploring different perspectives and underlying motivations.

Not Real Capitalism

One group of defenders often misconstrues capitalism, attributing its shortcomings to external factors like globalism, corporatism, or corruption. This section unpacks the historical context of capitalism, emphasizing its evolutionary phases and the fluid logic of socioeconomic systems. The argument against “real capitalism” is scrutinized, revealing the impracticality of reverting to an idealized past.

Scared and Indoctrinated

Fear and indoctrination play a pivotal role in sustaining capitalist support. This section examines the enduring impact of anti-communist propaganda, even in a post-Cold War era. It highlights the persistent use of dystopian warnings to paralyze individuals and explores the Stockholm syndrome-like identification of defenders with their captors.

Personal Responsibility Cult

A subset of defenders places a premium on personal responsibility, often dismissing systemic critiques. This section dissects the “clean up your room” narrative, revealing how it deflects attention from structural issues. Analogies illustrate the absurdity of blaming individuals for systemic problems, urging a shift from band-aid solutions to a comprehensive critique of the system.

Petty Bourgeoisie

The petite bourgeoisie, including small business owners and managerial professionals, seeks personal success within the system rather than advocating for systemic change. This section scrutinizes their aspirations to join the ruling class, emphasizing the material interests shared with the working class. It challenges the narrative of social mobility within a system marked by anti-meritocratic practices.

Labour Aristocracy

The privileged working class in developed countries, benefiting from global inequalities, forms the labor aristocracy. This section unveils the intricate relationship between their comfort and imperialist exploitation. The article explores how concessions and benefits maintain compliance, fostering a domestic working class that defends a system often at the expense of the global proletariat.

In the shadows of the prevailing capitalist realism, dissenting voices often find themselves entangled in a web of accusations and catchphrases hurled by staunch defenders of the status quo. In this comprehensive exploration, we’ve dissected the motivations of those who defend capitalism, peeling back the layers of their convictions and the conditions that shape them. Now, armed with this understanding, let’s scrutinize the common accusations thrown at critics of capitalism and delve into the quasi-solutions proposed by its proponents.

Unmasking Accusations

When confronted with criticism, defenders of capitalism often resort to accusations of jealousy, laziness, and a supposed victim mentality among those advocating for change. These accusations, rooted in the rhetoric of self-pity and utopian naivety, have been debunked time and again. Rather than rehashing these well-refuted claims, this article provides links to various sources that systematically dismantle these catchphrases, encouraging readers to delve into the comprehensive literature available.

Quasi-Solutions and the Fear of Change

One prominent quasi-solution presented by those hesitant to embrace radical change revolves around the fear of violent upheavals and revolutions. Advocates of this approach call for civility, respect, and incremental reforms, often settling for the illusion of social democracy. However, as we unveil, these so-called compromises come at a cost — the maintenance of social democracy relies on global exploitation and the perpetuation of the very injustices it claims to address.

A Historical Perspective and the Burden of Former Socialism

Turning our gaze to history, we address the persistent argument that past attempts at socialism and communism during the Cold War have proven the futility of radical change. Drawing from the wisdom of Karl Marx and acknowledging the mistakes and achievements of historical experiences, we argue that the revolutionary idea is far from dead. Former socialism, despite its shortcomings, significantly improved the lives of millions and played a progressive role in human history.

Future Prospects and Democratizing Technology

The article takes a forward-looking approach, examining the evolving landscape of technology and its potential role in shaping a post-capitalist economy. As corporate monopolies unintentionally lay the foundations for planned economies within their vast enterprises, we explore the paradox of capitalism unwittingly planting the seeds of its own destruction. Democratizing and repurposing these sophisticated means of production become the central task for the working class.

Conclusion

In the face of capitalist realism’s pervasive grip, the conclusion offers a ray of hope. The future, obscured by the fog of capitalist dogmatism, may seem nihilistic, but we advocate for uncompromising education, agitation, and organization. By updating and perfecting the methods of previous generations, leveraging modern technologies, and overcoming divisions, the path to a new socioeconomic order begins to emerge. Despite the warranted pessimism, the call is for optimism of the will — a collective determination to overcome the current predicament and forge a more just and equitable future.

--

--

Zayd Muhamed
macropolitika

Early-Stage VC | SaaS 🦄 Deeptech | Geopolitics 📈 Macroeconomics